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-   -   $60 million tournament (http://archives2.twoplustwo.com/showthread.php?t=397403)

mj2 12-13-2005 03:50 AM

$60 million tournament
 
has anyone seen the details of this? apparently its a 6 player tournament winner take all sponsored by fox sports and one of the internet sites. phil ivey was the only name i saw.

mj2 12-13-2005 03:55 AM

Re: $60 million tournament
 
http://news.yahoo.com/s/ap/20051212/...ker_tournament

sorry forgot to post the link.

12-13-2005 04:14 AM

Re: $60 million tournament
 
According to http://afr.com/articles/2005/12/13/1134236036596.html
Joe Hachem is invited to play also.

krazyace5 12-13-2005 06:24 AM

Re: $60 million tournament
 
Wow, thats crazy.

grjr 12-13-2005 12:07 PM

Re: $60 million tournament
 
[ QUOTE ]
Six of the world's best poker players will compete for the $80 million kitty, with the winner to take all in a series of elimination matches in July.

[/ QUOTE ]

[ QUOTE ]
Players will pay $US10 million each to buy into the match, he said.

[/ QUOTE ]

Oh yeah, there's no way they're gonna chop that ish up. [img]/images/graemlins/tongue.gif[/img]

nsdjoe 12-13-2005 12:17 PM

Re: $60 million tournament
 
This is still retarded. Why would even the top pros risk that much when they could have a really bad 6-hour run of cards??

Zetack 12-13-2005 12:27 PM

Re: $60 million tournament
 
[ QUOTE ]
[ QUOTE ]
Six of the world's best poker players will compete for the $80 million kitty, with the winner to take all in a series of elimination matches in July.

[/ QUOTE ]

[ QUOTE ]
Players will pay $US10 million each to buy into the match, he said.

[/ QUOTE ]

Oh yeah, there's no way they're gonna chop that ish up. [img]/images/graemlins/tongue.gif[/img]

[/ QUOTE ]

Well there's a 20 million dollar overlay. Presumably they will forbid chopping or you'd probably see a six way chop. With a winner take all format, it's hard to see how they get six players. In Sklanksy bucks, it might make sense, if you figure you win one out of six you're 5-1 to win and getting a 7-1 payday (and a guy like Ivey probably figures he's something like 2-1 against to win), but given the stakes and that there are a limited number of these tourneys, it looks like a proposition few players would be bankrolled or inclined to take on.

--Zetack

nsdjoe 12-13-2005 12:59 PM

Re: $60 million tournament
 
[ QUOTE ]


Well there's a 20 million dollar overlay.

[/ QUOTE ]

Hadn't heard this. A huge overlay is the only way I could see anyone putting up that much money.

grjr 12-13-2005 01:04 PM

Re: $60 million tournament
 
Once you pay taxes on that $60 million how much overlay is left? No way anyone plays in this without a chop beforehand.

nsdjoe 12-13-2005 01:11 PM

Re: $60 million tournament
 
[ QUOTE ]
Once you pay taxes on that $60 million how much overlay is left? No way anyone plays in this without a chop beforehand.

[/ QUOTE ]

Maybe everyone legally emigrates beforehand to a country that doesn't tax gambling winnings [img]/images/graemlins/tongue.gif[/img]

grjr 12-13-2005 01:15 PM

Re: $60 million tournament
 
Canada is just too damned cold in the winter.

SteveOMS 12-13-2005 01:17 PM

Re: $60 million tournament
 
I wouldn't be surprised is fox is paying everyone a 10mil appearance fee to cover the entry costs

nsdjoe 12-13-2005 01:34 PM

Re: $60 million tournament
 
[ QUOTE ]
I wouldn't be surprised is fox is paying everyone a 10mil appearance fee to cover the entry costs

[/ QUOTE ]

Totally preposterous. There's little chance they could recover that kind of cost with advertising for a poker game. This isn't the superbowl.

Adde 12-13-2005 02:14 PM

Re: $60 million tournament
 
[ QUOTE ]
Well there's a 20 million dollar overlay.

[/ QUOTE ]

USD 60M = AUD 80M. No overlay, just sloppy writing in the article.

Adde

Borknagar 12-13-2005 03:26 PM

Re: $60 million tournament
 
the first link mentions wmansionpoker

anyone heard of this?

(no im not promoting)

Yads 12-13-2005 04:32 PM

Re: $60 million tournament
 
[ QUOTE ]
[ QUOTE ]
Well there's a 20 million dollar overlay.

[/ QUOTE ]

USD 60M = AUD 80M. No overlay, just sloppy writing in the article.

Adde

[/ QUOTE ]

Who in their right mind would put up $10 mil with no overlay?

12-13-2005 04:38 PM

Re: $60 million tournament
 
Home of the soon-to-be-built "Pokerdome". Heh.

Didn't monster truck racing die out because of overexposure like this?

benza13 12-13-2005 05:11 PM

Re: $60 million tournament
 
[ QUOTE ]
Home of the soon-to-be-built "Pokerdome". Heh.

Didn't monster truck racing die out because of overexposure like this?

[/ QUOTE ]

Did you seriously just compare poker to monster truck racing?

TheIrishThug 12-13-2005 05:25 PM

Re: $60 million tournament
 
[ QUOTE ]
[ QUOTE ]
Well there's a 20 million dollar overlay.

[/ QUOTE ]
USD 60M = AUD 80M. No overlay, just sloppy writing in the article.
Adde

[/ QUOTE ]

if u guys were reading carefully, they also said hachem won 10M from the WSOP. that's what set off the flags in my head.

henrikrh 12-13-2005 05:26 PM

Re: $60 million tournament
 
[ QUOTE ]
Home of the soon-to-be-built "Pokerdome". Heh.

Didn't monster truck racing die out because of overexposure like this?

[/ QUOTE ]

Oh yeah, the huge monster trucking fad of the late 70s and the monster truckign ressurgence in 1994, yeah?

what???

12-13-2005 06:02 PM

Re: $60 million tournament
 
[ QUOTE ]
[ QUOTE ]
Home of the soon-to-be-built "Pokerdome". Heh.

Didn't monster truck racing die out because of overexposure like this?

[/ QUOTE ]

Did you seriously just compare poker to monster truck racing?

[/ QUOTE ]

No, not poker, just overhyped, over-the-top events like a $60 million SNG with something called a "Pokerdome". It just reeks of cheesiness.

grjr 12-13-2005 07:19 PM

Re: $60 million tournament
 
[ QUOTE ]
[ QUOTE ]
Well there's a 20 million dollar overlay.

[/ QUOTE ]

USD 60M = AUD 80M. No overlay, just sloppy writing in the article.

Adde

[/ QUOTE ]

Well, if they're quoting the pool in AUD then wouldn't the $10 million entry fee be in AUD also? Enquiring minds want to know.

Adde 12-13-2005 07:35 PM

Re: $60 million tournament
 
[ QUOTE ]
Well, if they're quoting the pool in AUD then wouldn't the $10 million entry fee be in AUD also? Enquiring minds want to know.

[/ QUOTE ]

Well, I'm no expert, but coming from an aussie news site I'd guess they don't print out AUD when speaking of their own currency ("the $80 million kitty"), and I'd guess they do when speaking about foreign currenicies ("Players will pay $US10 million").

Adde

12-13-2005 09:28 PM

Re: $60 million tournament
 
Quoted from mansionpoker.net:

"The state-of-the-art dome contains a poker table, complete with an automated card tracking system, integrated chip counting capabilities, hole card-cam and robotic cameras focused on each player's face. The Pokerdome also comes equipped with special cameras and card technology that allows viewers to see the burn cards - or discarded cards - before dealers flip the active cards, plus a rabbit-hunting camera for each hand, letting fans know what would have happened if each hand went to completion."

Ready for 43 weeks of rabbit hunting?

ICMoney


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