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01-31-2014 , 03:41 PM
It appears that WSOP have released (by mistake?) more of the schedule for the summer.

http://www.wsop.com/2014

The big change sees a guarantee of the first prize for the Main Event of $10 Million.

If they don't meet the required numbers for this prize to be reached under the normal payout structure, this could have quite an impact on the rest of the payouts.

Is this because they realise the poker economy will be more buoyant following the FT payouts?

Discuss.
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Gossip: WSOP Main Event to have a guaranteed  Million first prize
01-31-2014 , 03:46 PM
What makes you think it was by mistake?
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01-31-2014 , 03:46 PM
Im not a fan of the flat payouts all the way to the ft, but a gtd 10m 1st prize shouldnt impact the other pays.

When they guarentee something, it should be so they pay the extra overlay required. right?
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01-31-2014 , 03:47 PM
They don't "realise" squat. It's just typical marketing nonsense.

As far as the payout structure, who knows. It might make it goofy to some extent.

A few years ago when they wanted to guarantee that 9th place got $1M they basically just took the extra money away from the spots around it in the payout ladder, which made some of the bubble decisions a little weird equity-wise. But whatever, anyone who gets to that point will be happy to deal with it.
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01-31-2014 , 03:49 PM
Quote:
Originally Posted by Sharkament
Im not a fan of the flat payouts all the way to the ft, but a gtd 10m 1st prize shouldnt impact the other pays.

When they guarentee something, it should be so they pay the extra overlay required. right?
What overlay? There's no doubt they'll get $10M in total prize pool, and it's just a matter of how they split it up.

Since the winner will be doing real well in any case, I'm not a huge fan of the idea. It just takes some money away from those who don't have their luckboxes working quite as well as the winner.
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01-31-2014 , 03:53 PM
Quote:
Originally Posted by pissychips
What makes you think it was by mistake?
No official press release yet.
No link to the page on the front page of WSOP.com
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01-31-2014 , 04:49 PM
Peter Eastgate in 2008 won $9,152,416 ($64,333,600 total) in a field of 6,844
Jonathan Duhamel in 2010 won only $8,944,310 ($68,798,600 total) in a field of 7,319
due to the flatter structure
There will not be an overlay, they will cut 10m for 1st then grade the payout from that point. so it it a bit of a cheat it's not like the Sunday Million, now a prize pool guarantee of 75-80 million with a 1st place $1m gtd would be an interesting risk they could take.

Adding a large 1st place first guarantee they might get a spike (but for how long) still I doubt the 10m guarantee will be broken.

The number of players over the last 10 Years
2003 - 839
2004 - 2,576 <- The year after MoneyMaker
2005 -5,619
2006 - 8,773 <-Top-Top
2007 - 6,358 <- Post-UIGEA
2008 - 6,844
2009 - 6,494
2010 - 7,319
2011 - 6,865 <-Post Black Friday
2012 - 6,598 --Post Black Friday
2013 - 6,352 --Post Black Friday
2014 - ?,??? - might go up w/guarantee - along with the DOJ release of the FTP funds NJ-DE-LV might have an impact (maybe)
2015 - might drop again ?
The key for live events is legal online poker
Something Mr. Adelson doesn't seem to understand.
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01-31-2014 , 04:53 PM
The other reason I think he's correct that it was a mistake: the link gets you a 403 error right now.
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01-31-2014 , 05:03 PM
Maybe a mistake or they changed their minds.

This is what the OP saw - now down
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01-31-2014 , 05:04 PM
Quote:
Originally Posted by Sharkament
Im not a fan of the flat payouts all the way to the ft, but a gtd 10m 1st prize shouldnt impact the other pays.

When they guarentee something, it should be so they pay the extra overlay required. right?
There's no overlay unless they don't get 10M in total entry dollars - minus fees- in which case first place will get 10M and everyone else nothing. that would actually be pretty hilarious.
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01-31-2014 , 05:06 PM
In a more readable format:




DATE EVENT BUY-IN
5/27/2014 Event 2: Mixed Max – No Limit Hold'em (4 Day Event) $25,000
5/29/2014 Event 5: 2-7 Triple Draw Lowball (Limit) (3 day event) $10,000
6/1/2014 Event 10: Omaha Hi-Low Split-8 or Better (3 day event) $10,000
6/3/2014 Event 13: 2-7 Draw Lowball (No-Limit) (3 day event) $10,000
6/6/2014 Event 18: Seven Card Razz (3 day event) $10,000
6/8/2014 Event 22: H.O.R.S.E. (3 day event) $10,000
6/12/2014 Event 28: Pot-Limit Hold'em (3 day event) $10,000
6/14/2014 Event 32: No-Limit Hold'em / Six Handed (3 day event) $10,000
6/17/2014 Event 38: Seven Card Stud Hi-Low Split-8 or Better (3 day event) $10,000
6/19/2014 Event 40: Heads Up No-Limit Hold'em - (512 player max) (3 day event) $10,000
6/22/2014 Event 46: The Poker Players Championship (5 day event) $50,000
6/26/2014 Event 52: Limit Hold'em (3 day event) $10,000
6/29/2014 Event 57: Big One for One Drop (3 day event) (No-Limit Hold'em) $1,000,000
7/1/2014 Event 61: Seven Card Stud (3 day event) $10,000
7/3/2014 Event 64: Pot-Limit Omaha (3 day event) $10,000
7/5/2014 Event 65A: No-Limit Hold'em Main Event Day 1A ($10 million 1st place prize guarantee) $10,000
7/6/2014 Event 65B: No-Limit Hold'em Main Event Day 1B ($10 million 1st place prize guarantee) $10,000
7/7/2014 Event 65C: No-Limit Hold'em Main Event Day 1C ($10 million 1st place prize guarantee) $10,000
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01-31-2014 , 05:12 PM
Anyone know when the Seniors' Event is? I'm 50 and I'll be playing!
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01-31-2014 , 05:19 PM
Quote:
Originally Posted by xalas
...
The key for live events is legal online poker
Something Mr. Adelson doesn't seem to understand.
YES! Agree 100%

Except, does Adelson's casinos make more money on raking live play or raking tournaments? I don't know, but I never would've played live poker had it not been for online poker.
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01-31-2014 , 06:44 PM
That's a lot of $10K events, even a $10K razz.
Gossip: WSOP Main Event to have a guaranteed  Million first prize Quote
01-31-2014 , 06:50 PM
Quote:
Originally Posted by betgo
That's a lot of $10K events, even a $10K razz.
That's how it used to be. 10k events were also known as World Championship events.
Gossip: WSOP Main Event to have a guaranteed  Million first prize Quote
01-31-2014 , 07:07 PM
More from Renko Rinkema regarding the "leaked" schedule including a response from Seth Palansky:

http://igaming.org/poker/news/2014-w...0-first-prize/
Gossip: WSOP Main Event to have a guaranteed  Million first prize Quote
01-31-2014 , 07:09 PM
What is with the WSOP obsession with mix max, and PLHE?
Gossip: WSOP Main Event to have a guaranteed  Million first prize Quote
01-31-2014 , 07:23 PM
Quote:
Originally Posted by Kevmath
More from Renko Rinkema regarding the "leaked" schedule including a response from Seth Palansky:

http://igaming.org/poker/news/2014-w...0-first-prize/
Quote:
Credit to TwoPlusTwo for discovering the leaked schedule.
wp op
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01-31-2014 , 07:34 PM
Dealers choice could be fun.

Indian anyone?
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01-31-2014 , 09:41 PM
I don't think the 10 million for first is going to drag out any extra players who were straddling the line on playing the event. Number for main event entries will continue to slide down. There is very little poker on television and online isn't much of an option in most states. I'm sure a good number of the casual players have been blowing their rolls since black friday. I'll take the under at 6180.
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01-31-2014 , 09:52 PM
Quote:
Originally Posted by Atarirob
I don't think the 10 million for first is going to drag out any extra players who were straddling the line on playing the event. Number for main event entries will continue to slide down. There is very little poker on television and online isn't much of an option in most states. I'm sure a good number of the casual players have been blowing their rolls since black friday. I'll take the under at 6180.
I'll take the over.
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01-31-2014 , 10:11 PM
Quote:
Originally Posted by WiCane
I'll take the over.
me too, I can only imagine that satellites in NJ / DE / NV will push up the number a bit, FTP funds & growth outside the US, I think it could go to 7k this year. but could slide again in 2015 depending how online poker develops in the U.S.
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01-31-2014 , 11:20 PM
Quote:
Originally Posted by Ansky
What is with the WSOP obsession with mix max, and PLHE?
Hey Dani, what specifically don't you like about the mix max format? Just curious
Gossip: WSOP Main Event to have a guaranteed  Million first prize Quote
01-31-2014 , 11:44 PM
Good job OP!
I think guaranteeing the 1st place prize is a great idea. They saw the success of the millionaire maker and using the same concept. Even though it's a 10K event I think this will bring in more players that otherwise would not have played.
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01-31-2014 , 11:46 PM
i never understood why they still have nl single draw but no nlo8.
guess internet poker popularity means xxxx to the guys that make the wsop schedule.
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