This TOC Thing

[Sponger15SB]

I suppose the next time I change my mind on something and a friend gets mad I can just ask them whether or not they got my statement in writing.

[coleco]

big deal

lol

[FakeKramer]

[ QUOTE ]
But adding only the three superstars probably increases most of the players down the road poker EV by more than the thousand it costs them in the short run.

[/ QUOTE ]I'm confused how you reached this conclusion. Could you expand upon this?

[Wake up CALL]

[ QUOTE ]
[ QUOTE ]
But adding only the three superstars probably increases most of the players down the road poker EV by more than the thousand it costs them in the short run.

[/ QUOTE ]I'm confused how you reached this conclusion. Could you expand upon this?

[/ QUOTE ]

Having a major sponsor sponsor like Pepsi throw two million dollars into a poker prize pool is +EV for all future events. This is a first and not a small fist at that. How do you think golf generates such large prize pools without entry fees?

[ QUOTE ]


Having a major sponsor sponsor like Pepsi throw two million dollars into a poker prize pool is +EV for all future events. This is a first and not a small fist at that. How do you think golf generates such large prize pools without entry fees?

[/ QUOTE ]

This is absolutely correct, and as a business model for the future of poker as a televised sport, golf is a pretty good one. Michelle Wie, who got a sponsor's exemption to gain entry to a PGA event created much more interest in an event that was otherwise pedestrian. If sponsors are willing to pony up prize money to allow players to reduce or eliminate their entry fee, then giving them the right to name a few entrants to the event is a small sacrifice.

[Matt Ruff]

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If sponsors are willing to pony up prize money to allow players to reduce or eliminate their entry fee, then giving them the right to name a few entrants to the event is a small sacrifice.

[/ QUOTE ]

Sure, but in this particular case, the only "player" whose "entry fee" was reduced was Harrah's, who got to keep the original $2 million they'd set aside for the prize pool.

-- M. Ruff

[Miggo]

That's what I don't think is right. Legally they can do whatever they want, but I think it reflects poorly on Harrah's. In effect they made $2 million for just adding 3 people, and taking away EV from the players who legitamately qualified according to their original rules.

I think changing the rules as the game goes on just because they're your marbles is ethically wrong.

I think they could've at least tried to appear less greedy by taking part of the $2 million that was equal to $2,000,000 / 100(or however many people qualified) * the 3 people that were added to at least keep the players equity (not sure if that's the correct term) the same.

[HiatusOver]

I played in the TOC...I came in 14th in the San Diego Rincon event. The bubble in that event was HUGE, 19K for 18th place plus a free seat in the TOC which was understood by everyone to be a 2 Million dollar free-roll with at most 109 runners (I asked a floor person during the tournament and he confirmed the #'s). I can think of atleast 3 hands where this monstorous bubble factored in to decisions I made when there were 3 tables yet. Sure adding these 3 superstars took away "only $1000" dollars of EV from me, but I think the principle is the issue here. We were lied to, who knows how far it could have gone. The fact is that we were lied to and were never given an explanation. Also, everyone hates Phi Hellmuth. That certainly has something to do with the public outcry

[HiatusOver]

"But adding only the three superstars probably increases most of the players down the road poker EV by more than the thousand it costs them in the short run."

I do not see why this is true, care to elaborate or are u waiting for others to explain?

Also u realize that only the final table was televised, so it was probably less than 50/50 that any of these three would get any airtime anyways.

[Wake up CALL]

[ QUOTE ]
"But adding only the three superstars probably increases most of the players down the road poker EV by more than the thousand it costs them in the short run."

I do not see why this is true, care to elaborate or are u waiting for others to explain?

Also u realize that only the final table was televised, so it was probably less than 50/50 that any of these three would get any airtime anyways.

[/ QUOTE ]

Have you not read the two responses below the last time you asked this very same question?