Quote:
Originally Posted by Fish Taco
My source says if you bag you get your entry back....what do you guys think of this?
I think this will increase the disparity between the chip stack sizes on Day 2 because those that bag are likely to play more Day Ones than they might have.
In the end, I think the majority of players will have a distaste for an accumulator tournament with so many Day Ones when they find out how difficult it is to overcome the huge disparity in chip stack sizes on Day Two to get to the big money, or even to get up the pay ladder to break-even once in the money.
Will the payout scale be based on the number of entries, or the number of players that make it to Day Two? I assume the latter; otherwise the payouts might stretch beyond the number of players that make it to Day Two. Everyone starting Day Two ought to be in the money, but not necessarily more than their total buy-ins spent.
I also hope they are preparing for a larger-than-usual field for Day Two. I think the numbers will look something like this (assuming players get their entries back for any Day One they bag):
750 players
3000 entries
2300 prize-pool entries
225 Day 2 players
$276,000 prize pool
$450 average buy-in cost per player
Also, I hope Derby Lane keeps good track of the total buy-ins for each registered player. To figure out those that cash above the 5K net income tax reporting threshold, the poker room needs to net out all of a player's buy-ins against the payout, not just a single entry price. Theoretically, a player could cash for $6,500+ and still be below the 5K reporting threshold if they fired multiple bullets and re-entries. Any player that does pass the threshold should be given a W-2G which shows their net win figured as their payout less all of their buy-ins.