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Old 12-13-2005, 12:27 PM
Zetack Zetack is offline
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Join Date: Jul 2003
Posts: 656
Default Re: $60 million tournament

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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.

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

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

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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
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