MHNL Heads-Up Invitational I - Registration

[chuddo]

yeah el D i understand the concerns pretty well.

i am not too interested in handling multiple x pay y and whatnot, as the headache and potential for someone getting shafted would not be worth it to me.

i would like to see this go off though, so whatever people feel most comfortable with works for me.

if zeebo and others want to take it over and split the prize pool holding amongst themselves, that is fine.

any chance of you yourself accepting all of the entrants buyin? i am sure everyone playing would definitely entrust holding and distributing at the end.

[durrrr]

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but in the off tiny chance someone did screw someone, that would kind of leave me F'd as well. so i am not going to risk myself being attached to someone else screwing someone.

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Come on, man, be reasonable here. When TBG says "f all you guys, I am not transferring $1500 to anyone this was RIGGED MAN RIGGED" everyone gets paid 3% less. Nobody would be looking for you to make up that $1500, chuddo.

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There would still be some people whom money would need to be escrowed for. I could see some random saying "why do i need to send early... etc etc and then not being allowed in".
Trusting 5 different people w/ 10k is the best way to go imo. Also i think whoever does set this up deserves some change, as more and more problems are coming up (and not a measily 160$ lik i thought of earlier... thts when i thought it would run smooth). Maybe 1550 entry like you suggested; w/ 50$ goin to whoever sets this up.

[captZEEbo1]

Everyone holding money till the end won't work. There will be no sense of urgency to play the matches if you haven't paid for the tournament yet.

[durrrr]

I think we need some1 vouching for the other peoples parts. For now; decide if you are in the tourny or not. I'll personally come up w/ a way for holding the money (i want 4 known hi stakes players, and another known hi stakes player vouching for each person's share) in the next day or two. If we do the above, then 2 known hi stakes players must jump ship and create a lot of ill will towards themselves for only 12k. I am extremely confident this will not happen. So far there are 2 well known posters who would hold $$ whom i/azk can vouch for. PM me if you can assist in this.

[Ulysses]

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Everyone holding money till the end won't work. There will be no sense of urgency to play the matches if you haven't paid for the tournament yet.

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This can be addressed by making a rule that if you don't play by a certain date, your $1500 gets forfeited.

[citanul]

1) i have to agree that the no rebuys til you're at 0 is not good. i don't think that someone who busts should be allowed to double rebuy to cover, but i think that not allowing a player to top off to a full buyin really does make this a lot more heads up sng-ish than desired.

2) i think that escrowing the money with several high end parties (and personally, i'd think that having all players, not just unknowns, have to escrow their buyins is fair and not exactly asking a whole lot as it takes seconds to make a transfer) is better than escrowing to 1 person or to 0 people. i think that the only way to do 0 escrows is to have this be a closed set tournament that only a few people can play, and that clearly kills a lot of the fun of it.

3) i don't know exactly what's going on with your prize idea. the original post by KKF was basically a bracket where at each step you come in with 3k. say that you chop this down to 1500, which is fine and reasonable, as is surrogate playing at lower stakes. the prize pool as you have it set up means that you have to win 2 rounds to cash, and that when you cash you don't even get a half buyin back. that's markedly different than the original proposal, where all people who win one round win money. not necessarilly horrible or anything, but yeah. with kkf's plan, a 32 player tournament would pay out like this (disregarding trophy fees):

16-9th: 1500
8th-5th: 3000
4th-3rd: 4500
2nd: 6000
1st 7500

this is clearly less exciting looking than your proposal, and less "tournament payout structure"ish, but i think that if you're going to have it be 2 rounds to get to the money, you should at least get your full buyin back when you get to the round of 8. just a thought. for instance you could make a 32 man tournament with a payout like this:

8th-5th: 2,000
4th: 5,000
3rd: 7,000
2nd: 10,000
1st: 18,000

4) i like the concept of having the last 3 matches have more bbs involved. that's cool.

5) i think that the invitational idea is cool, but that if you have a quick 64 people show up wanting to play you should consider making it a bigger tournament.

i'm sure there's other things i wanted to say in relation to replies that i've forgotten for now.

finally, i like the idea that this could be a semi-regularish kinda affair, and that this one should have a non-huge buyin as kinks are worked out of the system.

ps: if you want me to set all this stuff up, and people want to pay me $50 a head to cover an entrance, i'd do it in a heartbeat. hell, if everyone paid $50 to cover my buyin, i'd hook up the slickass trophy out of pocket.

citanul

[The Truth]

Depending on dates I am in as well.

Why don't we just get Chuddo's address and phone number. That way if he dips we can just go beat him senseless [img]/images/graemlins/smile.gif[/img]


I got no problem with chuddo handling it though.


blake

[citanul]

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any chance of you yourself accepting all of the entrants buyin? i am sure everyone playing would definitely entrust holding and distributing at the end.

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f no man. who trusts a guy who cheats at weboggle?

[captZEEbo1]

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Everyone holding money till the end won't work. There will be no sense of urgency to play the matches if you haven't paid for the tournament yet.

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This can be addressed by making a rule that if you don't play by a certain date, your $1500 gets forfeited.

[/ QUOTE ]Well I think some people might have a hard time paying $1500 if they didn't even play in the tournament. Just easier for everyone to wire 1500 to some people first imo

[Gregg777]

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i propose every1 sends chuddo 1505... he should get a little cheese for setting this up. Im gonna- just a thought.

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There have been several cases where an organizer took a small percentage and was indicted on federal charges. (Usually office pools, but same concept.)

Stay away from the percentage and he is completely legal. If you want to slip him something that's cool, but don't make it public [img]/images/graemlins/wink.gif[/img]