Laak-Chan Final

[hoopsie44]

Is Phil Laak usually such a tool?

[istewart]

No, don't you understand? When you have such a great tournament record you're allowed to do [censored] like that.

[Salva135]

Are you being sarcastic? Because, that's not half bad. I mean, there's a lot better out there, but hell, I'll take that record in a heartbeat.

[Eric Draven]

[ QUOTE ]
No, don't you understand? When you have such a great tournament record you're allowed to do [censored] like that.

[/ QUOTE ]

That's actually surprising... I don't really love the guy, but I don't really hate him either. Yeah he acts sometimes, but that atracts fishes to the game (and he was kinda funny at first).

Has he really only been at 2 WPT final tables? It seems he's on their every other time I decide to watch it.


P.S. Of course I'd take his record, he's actually won money!

[jcmack13]

Did 27th place in the WPT tournament actually pay less than the event's buy in?

[ QUOTE ]
23-May-05 United States $ 10,000 WPT No Limit Hold'em Championship
2005 Mirage Poker Showdown, Las Vegas 27th $ 9,148

[/ QUOTE ]

[MicroBob]

not too unusual.


On the PPM cruise ($10k buy-in) I finished 177th out of 735 and won $5200.

[Sykes]

[ QUOTE ]
not too unusual.


On the PPM cruise ($10k buy-in) I finished 177th out of 735 and won $5200.

[/ QUOTE ]

hm, is this a good thing or bad thing. I mean it's good for the satellite winners that didn't have to pay the upfront cost, but it's bad for the people that pay the upfront cost and looking for top heavy prizes.

[MicroBob]

yes. obviously it's true.

For the PPM cruise, almost 90% of the entrants were online-satellite winners (they had the break-down posted).
This is probably how they justify the REALLY flat pay-out structure. It makes more people happy...and they can still hang onto enough money to make the top prizes impressive.

1st was $1.5-mil, 2nd was $1-mil.
55th through 145th all won $10.4k
146th through 180th all won $5.2k

It was a REALLY weird pay-out structure of course.

But there were LOTS of cruise-goers who were REALLY happy to win $5k or $10k (on top of the already REALLY nice cruise they got).
For a tourney like that I think it's a good marketing strategy.

but obviously lots of top players probably don't dig it so much.


UB Aruba was very much the same last year (don't know what it is this year).
EXTREMELY flat pay-out structure.
I think Daryn finished 13th or so out of about 200 and only won $13k (this was a $5k entry I believe).


To my knowledge, I think the WSOP main-event pretty much paid-out the entry-fee (or about that) once you made the money.
this year I think that making the money meant that you won $15k (which is a change from the $10k or so that it might normally have been).

[Quicksilvre]

It happens sometimes. The majority of tournaments pay out more than the buy-in to even the smallest winner, but some don't. PPM is the best/worst at this. For while in the late 80s and early 90s (right around the time the million-dollar guarentee came out) the WSOP ME did this too, but now everyone in the money gets $10K+ (about $12.5K this year).

I think the first WPT Championship was the same way.

[goodguy_1]

[ QUOTE ]
No, don't you understand? When you have such a great tournament record you're allowed to do [censored] like that.


[/ QUOTE ]

that dont mean dick
Looking at a players results just based on wins is foolhardy. He's won ~$400 K gross over the last what looks like 3 fulltime years playing big tournies(WPT,WSOP) seriously. Not sure on any details but its the concept involved here..If he plays just 10 big buy-in events $10K a year he is stuck $100K a year without a win. Three years worth of expenses just for buy-ins not even including the expenses of staying on the circuit-hotels,food travel etc probably cost him $100K -$200K a year depending on how many events he plays.

If you assume his net expenses for the circuit in 3 years are at a minimum $300K his $398K earnings are a net $98K win overall for 3 years of work-that sucks asss.

If he doesnt play all major bigbuy-in events and he plays more cash games thats another issue. I'm not privy to his mix of games but looking at a player gross tourney winnings over a time period dont mean dick until you know the players outlays over that time period.