[lossage]

[ QUOTE ]
Ths Alladin spreads $50+5 10 player S&G's on Sunday. I played in one and after paying and taking my seat (my bad, I know) asked the dealer what the payouts were. $360 for 1st and $90 for 2nd! That, my friends, is a $45+10 S&G (18% rake).

[/ QUOTE ]

I just got back from Vegas. I stopped into the Aladdin on Sunday, saw the huge line of obvious idiots looking for SnG seats, and naturally asked the supervisor about payout structure. She says, "It's $360 for first and $90 for second."

I gladly point out, "Well, that would make it $45+$10, not $50+$5. You should consider changing your sign so that it's accurate?"

"No, sir, it's $50+$5 to enter the tournaments."

"No, it isn't. $50+$5 implies that $50 per player goes in the prize pool. You just told me that the prize pool only has $450 in a 10-player tournament. That means $45 per player is in the prize pool. If you're not going to be truthful about the fee on the signs, please just post '$55 buy-in' and obfuscate the juice like everyone else."

"Sir, it's $50+$5 to enter the tournaments."

And then my head exploded.