There were 91 of us.....it had a great structure that allowed for plenty of play. Thoroughly enjoyed myself.

No I'm not new at this, I just don't agree with your complaint. It makes no sense to think you should be able to come in and pay say $95 to the pool and $5 for fees. I paid $25 in fees / dealer tip for entering event 2 and got 10 hours of play. I think that's plenty reasonable for even playing only 3 or 4 hours which includes having a place to play, a dealer, a floorperson, etc.

Your complaint makes sense at a higher level of buy-in. For instance I noticed they take 10% for WSOP events with a $1500 buy-in. That to me is a bit unreasonable and taking more than they should. There should not be a difference in the amount taken out after a certain point. The work going into running the tournament doesn't change whether the buy-in is $100 or $1500.

Stan,

No problem it's been awhile since I have seen those guys and I'll see you and Tab soon. Thank You for the good luck. It's been a strong start and we are working hard to make the tournament a success.

Sounds like a good turnout. I wanted to come play, but was just too tired after last night's marathon.

Hopefully the number of players is a good sign for the Stud, O8, and HORSE tourneys coming up. Hard to tell though since it's a weekend.

80 plus 15 for the house and 5 dealer bonus. You can opt out of the 5.00 dealer bonus, but that will cost chips. Almost all rooms take an additional percentage. In fact, all that I'm aware of do. The 80 plus 20 was 15.00 for the room to cover dealer/floor/management/surveillance salaries/benefits and so forth. Therefore, with 478 in the $100.00 buy in, they had a total rake of $7170..... given the structure and amount of play it's a room loss. That's not a lot of beans to cover overhead. In fact, it might have been short of overhead cost.

The bigger issue is that it that were many more people playing both tournaments yesterday than expected which hurt them at the cash table line where they make their rake and therefore, their money. Seven cash tables will rake as much at 4.00 max in 13 hours as did the entire first tournament which took out 40 tables for a long period of time because of the blinds. They advertised that they wouldn't close anyone out in these and held to their word to their financial detriment. I didn't like closing the cash room and many other cash players didn't like it either. But, this was their first pass at this and was certainly a learning experience.

No room makes much money if any money on tournaments. Cash is the place where the bills get paid.

You are tipping with the optional 5.00 dealer fee, consequently you don't have an obligation to leave tips. I would, but not tip 5 or 10 % simply because my entrance optional fee is already 5%.

I thought the prize pool was more like 38,000. Could be wrong on that point. The dealer fee at the Borgata @ 3% is because that's the state law. No more, no less, but also, you cannot opt out of that. and the WSOP events also @ 3%. It's all in writing on the WSOP event structure pages.

But, where do you play that it's not there at all? Look at Chester's WSOP or Venetian. But, I'll stand corrected if you can point out anywhere that it's better and the structure is in print. I can easily point you in the direction of where it's the same.

Here's what the $120 WSOP event says on the Chester site: Quoted 100 plus 15.00

"Players may receive an additional $1,000 in chips for a $5 Staff Appreciation.

Top nine (9) players will receive a $50 voucher good for the 12 PM Super on May 7, 2011. This voucher is good toward the buy-in, re-buy, or add-on. This voucher may be transferred, but has no-cash value.

3% of the prize pool will be withheld for dealers and staff."

Another classy room. Looking forward to saying hello when I visit the Borgata. I wish I knew you visited Delaware Park.

following a friend on twitter still in the tourney....the DP Tourney chips are so pure. They look amazing.

I hope to accumulate many of them next Sat.

Seriously. It's nice to have Parx 45 mins from me...Del Park 60 or less in the other direction and Borgata 75ish mins. All great rooms.

My friend and I will be down next Sat for PLO....let's crack 100 runners.

206 for the noon $340.00 buy in. 91 in $150 PLO at 4PM. out 26....... blah.

Heads up tomorrow sold out @ 64 players.

you're right 5% dealer bonus/tip is high, but it's only 5% of the $100 buy in. with higher buy-ins the staff bonus is no longer 5%.

Such as 10.00 of the 340.00 is About 3%. These are quotes off the stucture sheets

"$330 Buy-In players start with $10,000 in chips 30 min levels. $10 staff bonus gets an additional $10,000 in chips"

or

at the 550 is less than 2%

"$540 Buy-In players start with $15,000 in chips 45 min levels. $10 staff bonus gets an additional $15,000 in chips"

or at 1070 is less than 1%

"$1060 Buy-In players start with $25,000 in chips 60 min levels. $10 staff bonus gets an additional $25,000 in chips"

anyone here playing the $230 tomorrow? if so, good luck and hope to see you at the final table.

Anthony,

so far i've played in event 2 and will be playing 3 to 4 others and i must say i'm impressed with how you and your staff have run everything so far. keep up the great work and i'm looking forward to tomorrow.

you guys should setup a tournament leaderboard for the series and award a prize to the overall winner... just a thought.

No I understand the dealer bonus = extra chips.

I read his complaint as there being an ADDITIONAL 5% taken from the prize pool.

Buy-in that goes to prize pool (-5% withheld for dealer/staff)
Casino juice
Dealer bonus/extra chips

Using Borg as an example

$120 tourney
$20 juice
$100 prize pool....but 3% is withheld.
No dealer bonus/extra chips

That's how I read it. (Meaning his complaint....not the actual tourney sheet)

EDIT: In the structure sheets I'm not seeing any "% held out for dealers" so I guess I misread his post.

Using PLO as an example it's:

$150
-----
$125 --> Prize Pool
$ 20 --> Entry fee/juice
$ 5 --> 5K more chips and that's the dealer bonus.

I see nothing at all wrong with that. As far as I can tell it's GREAT structures, with reasonable fees.

The problem is that $119 of the $125 goes into the prize pool (as is the case in the regular Sat 7pm tournaments).

Oh...didn't see that on the structure sheet. It's possible I'm completely blind.

Nope...not blind. That's not on the structure sheets on the site.

First of all I agree that Anthony,Kevin and the entire staff did a great job dealing with the overflow. I think DPARK is the best ran new room. I was just pointing out that all tournaments across the country play follow the leader. If one house gets away with adding more fees and tip and this and that another one will follow. They care nothing about you and me. They make a ton on the Floor during these tournaments so dont worry about casino staff getting paid. I really cant understand why anyone would ever take the side of any casino when they are clearly squeezing the player to death. If you guys have no problem wit it that your business but I will play 10 events at Dpark and all the events at Harrahs so I protect my bankroll just as the casino attempts to take it.

I trust/like/respect these guys. I'll ask them exactly what the deal is and post the answers. They'll give me the straight scoop. I don't blame you for wanting to protect your bankroll.

Playing golf today, but will talk to them tomorrow night.

To those that booked a seat online: how much easier is that process compared to going up the day of? I'm looking to play in the LHO tourny next mon.

If I'm following this correctly, the Park is taking out vig from the additional chip buy-in.... and that is NOT standard elsewhere?

If the extra chip buyin was combined with the regular buy-in, what is the true vig for the tourneys (such as the Sat 7 p.m.) at the "true" buy-in price? I haven't been there enough to see any details on this.

I don't understand this post, unless the vig at Chester is somehow a lot less than DE Park. Given the $6 that the HPbtP drains out of the regular games, I'd be surprised if their tourney vig is less.

And, I don't know enough about the economics of poker rooms to make any analysis, but what are you basing this comment on? Or, are you talking about casinos, rather than the cardroom portion?

Given the numbers I saw on Friday, you might have trouble getting into events on the morning of. But, others who have been registering can comment, hopefully.

I hate to sound like the protector of Delaware Park. I've disagreed with lots of things. (like not paying 1 of 10 or 47 in the first event) and closing the cash room Friday night. And not giving me my "first ever bubble boy" tee shirt. And not hiring prop players like me and on and on. But, I don't run the room, I play the room, like and trust the guys. Appreciate the 4.00 rake and the 6 mile drive to it. I'm pretty sure I'm not in the freeroll this month, which also bites.

But, yes the freeroll is funded by the BBJ drop. It makes the 1.00 drop EV positive for me and all the other regulars, since that freeroll is worth more than $150.00. But, I'm a regular. Of course, I could go to Chester where the BBJ goes to seed the next and the payout..... but, they rake 5.00 plus 1.00 instead of 4 plus 1. Which is the better deal? Or Hollywood Penn National where they rake 6.00 and no BBJ..... or Parx where they rake 5.00 without a BBJ. The freeroll does benefit 40 hours play without question. But, unless I'm playing in Vegas or Atlantic City, I'm not sure the argument of where the "mega" "free tournament seats", "Mini" "40 hour Freeroll", "High Hand" and soon to be "coverall board" funds from. They rake 1.00 less than anyone else outside of AC. It funds those promotions. Why would I want to play where I fund an additional 1.00 to 2.00 rake that's all negative EV somewhere else. Why would you?

Real easy. I did it. paid the 7.00 vig just for the fun to see. OK, I'm not bright. Go to the floor desk in the tournament room and pick up your seat slip. Takes 2 mins on line and 10 seconds in the room and all on a credit card. Do you have to pay that back?

i completely agree

with that structure, anyone who would add an additional tip is a sucker

i will also not tip in the satellite events as the structure is very similar, i.e., DP is skimming so much money that it can take care of its dealers

i have no problem with DP taking/skimming money to host the tourneys, but they need to get a clue & put the tipbox away

maybe we should just tell all of our kids to forget about college or getting a professional job and encourage them to become poker dealers at Delaware Park lol (i am almost ready to apply for a job with that embezzlement out of the prize pool)

perfect! thanks for response!

Again, taking a regular Sat 7pm $150 tourney...

It's advertised as a $125 + $20 + $5. But only $119 of the $125 goes in the prize pool. The extra $6 is for staff, and it's 5% of the $125, or 4% or the $150...I don't know how you're supposed to look at it. I also don't know if it is standard everyone. I know the Borgata has an extra 3% taken out, but they also (at least recently) publish the amount that the 3% is taken out for full disclosure.

I think it's a bit misleading when you say it's a $125 + $20 + $5 with no mention of a 4 or 5% extra staff fee.

But I've mentioned this before in the thread, so I thought maybe this was standard everywhere.