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World Series of Jackpots takes you to the WSOP main event -- Check more inf here

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03-23-2016 , 03:30 PM

WPN_REP

Winning Poker Network Rep

Join Date: Oct 2013 Posts: 457

We were the first U.S. facing online poker site to offer Jackpot Poker and it’s about to get even better! World Series of Jackpots…the new exciting form of poker that allows you to instantly win your $12,500 World Series of Poker Main Event package for only $3.

It gets even better. When that epic spin does hit for your 2016 World Series of Poker Main Event package, you automatically win it……and so do the other two people at your table! Everyone’s a winner! There’s nothing worse than hitting that fateful big spin and playing for a huge prize only to come out empty handed by a bad beat, so we’ve made it easy for you. Everyone sitting at the table when the big spin hits wins a $12,500 Package!

Click on the image to see how it work!

03-23-2016 , 05:01 PM

aFritzPoker

centurion

Join Date: Apr 2015 Posts: 113

Do these award sit and crush points? and if so what amount?

03-23-2016 , 06:05 PM

CopperCrazy

stranger

Join Date: Mar 2016 Posts: 6

For those players under 21, will a cash option be available?

03-23-2016 , 07:01 PM

Max Cut

Guest

Posts: n/a

oh my

03-23-2016 , 07:22 PM

DustinOGCharger

self-banned

Join Date: Aug 2014 Posts: 528

World Series of NO Jackpots

03-23-2016 , 11:26 PM

glutenfree

old hand

Join Date: Sep 2005 Posts: 1,766

The web page says for the $6 prize pool games, "winner takes all". But in the client the $6 games are paying $3 to both 1st and 2nd instead of all $6 to 1st.

03-23-2016 , 11:37 PM

Max Cut

Guest

Posts: n/a

The ACR and BCP webpages that I see have "Top 2 players get their buyin back ($3)".

03-24-2016 , 12:01 AM

Max Cut

Guest

Posts: n/a

But yeah, something is messed up. I just saw a $27 that said $9 for 1st, 2nd, and 3rd, but it was actually playing out. You can also see in the recent winners list that the $27 tier and $18 tier are apparently awarding all 3 places 1/3 of the prize pool each. Not sure how the prizes are actually being awarded to players.

[edit] Also, the webpage blind structure includes a 25/50 level which is not correct.

[final edit] The payout structure has to be the nut low for the industry.

Last edited by Max Cut; 03-24-2016 at 12:07 AM.

03-24-2016 , 01:02 AM

glutenfree

old hand

Join Date: Sep 2005 Posts: 1,766

Quote:

Originally Posted by Max Cut

The ACR and BCP webpages that I see have "Top 2 players get their buyin back ($3)".

I was looking at the ACR web page by clicking on the image in the OP. Someone from WPN must changed it since I posted. I still had the browser window open though so I took a screen shot:

03-24-2016 , 01:08 AM

#10

glutenfree

old hand

Join Date: Sep 2005 Posts: 1,766

Quote:

Originally Posted by Max Cut

[final edit] The payout structure has to be the nut low for the industry.

^^This.

I was going to play a bunch of these at winner takes all for the $6 level, which is still bad but ya got to give something up to have such a huge jackpot award at the top.

It's simply unplayable now though. 99 out of 100 games a player will either break even or lose $3. The chance to profit is here is zero for anyone who doesn't hit the package, and it will level modest bankrolls.

Poorly played WPN.

03-24-2016 , 01:11 AM

#11

AQhearts

journeyman

Join Date: Sep 2008 Posts: 338

I guess I was lucky to hit $27 one for 9 bucks payout. I've played a few dozen since and it's all been 6 bucks total price pool. It's a nice and slow drain on the bankroll with no reward.

03-24-2016 , 10:39 AM

#12

Max Cut

Guest

Posts: n/a

Good luck and have fun if you decide to play these. Depending on your motivation, you might find the following quick analysis helpful.

If you ...

DESTROY the competition at the tables (win 80% of your 2x; 7.1% EV ROI pre-rakeback; likely impossible)
AND you have 35% grandfathered rakeback
AND you have a deposit bonus running
AND you make cash from SNC (so about 100% total effective rakeback)
AND you manage to get 20k games played

... you will be +14.3% EV ROI post-rakeback.

Sounds good, right? Sounds great!

Under that dream scenario, you still have a full 25% chance of being down 2000 buyins after those 20k games. Not a typo; 2000 buyins in the hole. That's 4000 buyins under EV. For perspective, variance where you can be down *200* buyins when beating a game for over 10% ROI is mice-flying grown-men-crying soul crushing nasty.

glhf

03-24-2016 , 06:09 PM

#13

SDjab420

centurion

Join Date: May 2012 Posts: 103

^^ Nice.. Ty.

03-24-2016 , 09:51 PM

#14

KingFiveOff

enthusiast

Join Date: Dec 2015 Posts: 90

There is pretty much no reason to play these, right?
Earning a profit is pretty much impossible....

03-24-2016 , 10:06 PM

#15

Max Cut

Guest

Posts: n/a

Sure there's reasons to play. Fun, entertainment, curiosity, cheap long-shot gambol are a few I can think of. Probably the fun/entertainment will be short-lived for those that play more than just a few games, due to much longer 2x streaks than they expect But if you really know what to expect, it could be a fun way to blow some time and a little cash.

Profit is entirely possible. Just get lucky.

03-25-2016 , 10:00 PM

#16

KingFiveOff

enthusiast

Join Date: Dec 2015 Posts: 90

They just changed them so at the 2x multiplier winner take all.. so a profit is very much possible now!

03-25-2016 , 10:27 PM

#17

Max Cut

Guest

Posts: n/a

Haha, ez game now!

In reality tho, no matter how the 2x/6x/9x tiers are split, there is no way to make a profit over any substantial number of games without binking a $12,500 package before they pull the games. The rake without hitting the top tier is 31% and no one is going to come close to beating that. The chance of NOT winning one over 20,000 games is 30%.

glhf

03-29-2016 , 06:47 PM

#18

CastleFrank13

adept

Join Date: Jan 2015 Posts: 720

curious as to why there hasn't been any excitement about the wsop jackpot being hit yesterday

03-29-2016 , 07:02 PM

#19

Max Cut

Guest

Posts: n/a

Word on the street is that the three winners are pretty excited.

03-29-2016 , 07:15 PM

#20

CastleFrank13

adept

Join Date: Jan 2015 Posts: 720

Quote:

Originally Posted by Max Cut

Word on the street is that the three winners are pretty excited.

we must live on different streets

03-31-2016 , 01:39 PM

#21

Bluffage

centurion

Join Date: Apr 2007 Posts: 137

I play on bovada because payouts are quick, but really intrigued by these wsop jackpot spins. Anybody know if they ensure the $12,500 gets paid before the main event?

03-31-2016 , 01:40 PM

#22

Winning_TD

veteran

Join Date: Mar 2012 Posts: 2,535

You recieve the money in your account once the sng has finished.

03-31-2016 , 01:56 PM

#23

Bluffage

centurion

Join Date: Apr 2007 Posts: 137

Quote:

Originally Posted by Winning_TD

You recieve the money in your account once the sng has finished.

I am aware of thia, but will we be able to cash out all the money in some sort of expedited way to make sure we have all of it before wsop starts? I dont play on acr but it seems theres a max amount you can take out per month. Will there be exceptions made to ensure we have the money in time for the wsop me?

03-31-2016 , 02:20 PM

#24

Winning_TD

veteran

Join Date: Mar 2012 Posts: 2,535

Yes you will.

04-01-2016 , 01:20 AM

#25

Bluffage

centurion

Join Date: Apr 2007 Posts: 137

Quote:

Originally Posted by Winning_TD

Yes you will.

Ok, great thanks. I'll be joining acr.

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