Quote:
Originally Posted by Lee Jones
We're going to advance the four highest achieving players who didn't cash to the 8th place (minimum cash) level, awarding each $2360. We are also awarding the same min-cash to the three players who cashed, but placed below at least one person in a five-wide group who cashed. A total of seven players will receive this goodwill payment.
Question #1: Why is the min-cash amount you are using ($2360) different than the min-cash amount reported by support ($2655) as posted by PokerDevL above?
Quote:
Originally Posted by PokerDevL
David Williams 1st 175353 $20,650
Mohsin Charania 2nd 162517 $12,980
Tom Lutz 3rd 135643 $7,670
Elliot Smith 4th 126264 $5,605
Marvin Rettenmaier5th 123173 $4,130
Jeffrey Gross 6th 98588 $2,950
Mike McDonald 7th 91455 $2,655
Question #2: Why do you think awarding min-cash to each of seven affected players is an equitable settlement for players who achieved different final results? Such equal payments might be warranted in tournament situations where the final result is not already determined, i.e. where players could have achieved a better or worse final chip stack if circumstances had been different. But in this case, these seven players finished their tournament play and their final chip stacks were set.
IMO, the five players who achieved cashes with the unfair advantage should be removed from the final results list (but retain their winnings). Then redo the winners list accordingly (re-insert Jeff Gross if he also achieved top 7 with his solo play), and re-award the payouts accordingly (awarding Jeff Gross only the difference between what he already got and his new position).
Paying out the 7 min-cashes as you propose will cost $16,520 (using your $2360). Redoing the top 7 will cost $24,780 at the most (less if you also redo the prize pool, removing the buy-ins from the players removed from the winners list - but don't take money away from top spot already paid, obv). So, for just over $8K more, you will achieve a fair solution that no one can question, maintaining PokerStar's excellent reputation and PR image.
Note: I did not participate in the PCA and have no vested interest in the outcome.
Edit: Rereading PokerDevL's post, I see he must not have posted the entire winners list. So, my figures are a little off but the principle remains the same.
Last edited by PokerXanadu; 01-26-2013 at 08:41 AM.