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Old 05-12-2005, 11:47 PM
lastchance lastchance is offline
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Join Date: Aug 2004
Posts: 766
Default Re: World series final event payouts

I see many advantages to a flatter payout.

1. Taxes. If you gain a huge amount of profit for gambling, much of it will surely go to the IRS. If you create a flatter payout, you can have more of that income go to the players, and less go to the IRS, which, I believe, takes up a lot of the $EV of playing MTT's.

2. Deal-making. If payouts are relatively gradual, especially at the final table, very suddenly, most of the incentive for deal-making goes away, which has to make for somewhat more watchable and competitive poker.

3. $EV considerations at the table. With a flatter payout, people will be more aggressive and more willing to play for first. We will see somewhat more entertaining poker, rather than gap concept play.
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