TruePoker will send me to the WSOP if I can play 120k Hands by 6/30/05

[O Doyle Rules]

Hi All,

First a little background about how this came about. Recently, 2 + 2 poster Stu Pidasso suggested in a post that high volume players should organize into a group and negotiate directly or "collectively bargain" with a poker site for the group's business. (He originally used the word union to describe the group, which he later deemed a poor choice of words and then called the proposed group an association instead) If you would like to go back and read that thread, do a search for Player's Union or search for Stu Pidasso's recent posts.

Instead of the thread developing into a pro and con discussion about the possibility, it quickly degenerated into a bashing of unions and a discussion about how the poker sites really hate the high volume players anyway because they are "leeches" on the system and the poker sites would never negotiate for their business.

The only bright spot that came out of this was the TruePoker CEO came forward and expressed an interest in perhaps attracting high volume players to their site and asked for suggestions by email on how to accomplish this.

I emailed the TruepPoker CEO and offered up some ideas and as an afterthought, I sent him an email outlining a scenario on how he could earn my business individually. I told him I would agree to play a high volume of hands at his poker site during the months of May & June in exchange for a paid entry into the WSOP No Limit Championship, including hotel and travel expense. After some back and forth discussions, he agreed!

Here is how it will work:

I will have to play 120,000 hands at TruePoker by June 30th and in return for this TruePoker will pay the $ 10,000 entry fee into the WSOP No Limit Championship along with hotel and travel costs for myself and my wife. Due to the high number of hands I have to play to win the trip, TruePoker will allow me to play up to 8 tables.

Even with 8 tabling, this will still prove to be a healthy challenge. I am someone who plays alot of online poker, but I still have a full time job to contend with. I calculate it will take me approximately 350 hours of online play to hit the 120,000 hand mark by the June 30th deadline.

Wish me luck (that I don't lose a WSOP entry fee over the next 120,000 hands) and pray that I don't develop carpal tunnel. Seriously, I appreciate the opportunity and am looking forward to be sitting at the WSOP final table! So much for those who said that poker sites would not negotiate or want high volume players at their sites!

The challenge starts now!

(I will be posting updates in regards to my progress)

[SoftcoreRevolt]

This is pretty damn cool. I'm sure there's way more profitable ways to play 120K hands, but this is still cool.

[Recliner]

I'd imagine you'd have to play something like 4 hours a day to meet this goal. I suppose if you can get over 20 hours in over a weekend you should be able to easily achieve it... Unless you get sick of poker which would be bad.

I'm assuming you'll end up with $12000 if you do this which would be .10 a hand played which is a pretty good bonus. This is kinda like the $10k party bonus that never happend.

I bet TruePoker CEO is enjoying all the PMs he's getting now. (BTW I'd do this too.)

[krazyace5]

Why doesn't True Poker start up a rake back program to take some of the Party/skins business? hint hint

[BusterStacks]

I would do it if you could opt for the $10k instead.

[LinusKS]

If he's playing 3/6, the average rake should be about $2, or 0.20/person, ten-handed. If half the pots are raked, it'll be a break-even deal for True Poker. Probably more than half will be raked though.

Amazing how much we pay, isn't it?

Plus there's always the chance he might win, which would be great for True Poker. It would be a great story, it would get a lot of press.

If he 8-tables, and gets 50 hands per table hour, that's 400 hands/hour, and he needs 2000 per day, so that's a minimum of 5 hours a day. But it'll probably turn out to be more than that, between tables breaking up and whatnot.

That'll be tough to do, imho.

I wish him luck though.

[MicroBob]

When I did the party till you cruise promotion I played about 20k hands of 10/20 6-max in 4 days.

My pokertracker said I paid almost $7k in rake but i forget how that's calculated and think it's a bit different.

Figure 5 players average per table...$2 rake average.
That's $0.40/hd in rake perhaps.
At 20k hands X $0.40/hd that's $8k so it appears my p-tracker number isn't too far off from my own very rough estimate.


So on my play alone Party didn't lose too much based on my play to win the cruise (the package was $12.4k total).
And this obviously doesn't include all those who played a massive amount during that week only to fall short and NOT get the cruise.

[Tapin]

[ QUOTE ]
I'd imagine you'd have to play something like 4 hours a day

[/ QUOTE ]

By my math (~55 days, 350 hours), it's closer to 6:20ish daily. But that doesn't taken into account the weekend factor. (Back-of-the-envelope math to follow...)

If he's going to do most of it on weekends, he's got 16 Sat/Suns between now and then.

Ten hours a day on each one would knock him down to only 190 hours to tackle on the remaining 39 days, or ~5 hours daily.

If he can manage twenty-five hours per weekend (if I played twenty-five hours of online poker in one weekend, I don't think I'd be able to see straight), he'll be down to ~4 hours daily.

He could get all the way down to only 2.5 hours daily during the week (when I'm "in the mood" for poker, this is about what I'll play, given that I too have a day job) if he's willing to do 16 hours a day on Saturdays and Sundays.

However I slice it, I know I couldn't do it. Best of luck to you, O Doyle! Where should we be drop-shipping the Visine?

[O Doyle Rules]

[/ QUOTE ]


If he's going to do most of it on weekends, he's got 16 Sat/Suns between now and then.

Ten hours a day on each one would knock him down to only 190 hours to tackle on the remaining 39 days, or ~5 hours daily.

If he can manage twenty-five hours per weekend (if I played twenty-five hours of online poker in one weekend, I don't think I'd be able to see straight), he'll be down to ~4 hours daily.

He could get all the way down to only 2.5 hours daily during the week (when I'm "in the mood" for poker, this is about what I'll play, given that I too have a day job) if he's willing to do 16 hours a day on Saturdays and Sundays.

However I slice it, I know I couldn't do it. Best of luck to you, O Doyle! Where should we be drop-shipping the Visine?

[/ QUOTE ]

This is pretty much my plan. (actually I have no choice, I have to burn it up on the weekend.)

[BradleyT]

So it's $.10 per hand, not too bad.