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Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29

05-17-2013 , 01:07 PM
Quote:
Originally Posted by Todd Terry
Shorter levels hurt anyone who is good at poker.
These early levels being 40 mins vs 60 mins (with 90 mins when real equity is on the line) may change your long term ROI by 1-2%

The other aspects (money reached littler earlier, more rebuys, more recreational players) more than offset that 1-2%
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 01:45 PM
Quote:
Originally Posted by Todd Terry
Shorter levels hurt anyone who is good at poker.
Somewhat disagree, but therefore it helps anyone who is bad at poker... Which I'm ok with as well. If me or my close friends don't go deep in this, you'd better believe I'm rooting for 10 players that qualify between "northern European idiot" and "unable to spell poker".
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 02:41 PM
Quote:
Originally Posted by Lord_Strife
Somewhat disagree, but therefore it helps anyone who is bad at poker... Which I'm ok with as well. If me or my close friends don't go deep in this, you'd better believe I'm rooting for 10 players that qualify between "northern European gentlemen" and "new to the game of poker".
+1 with a couple PC edits

We really want to have this tournament appeal to all players which includes new, recreational, satellite players, locals, and pros.

I have had 50 people tell me they are playing that would not even consider playing a regular 5K and I will bet many of them don't even look at a structure sheet. Their questions will include "how many chips do we start with," "how much is 1st place," "when is the dinner break," and "how long is the tournament?"

Last edited by Matt Savage; 05-17-2013 at 02:47 PM.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 03:33 PM
Quote:
Originally Posted by doublejoker
Just so everyone understands, my critiques and alternate proposals for this event are in no way an attempt to undermine it or make it less of a success. I applaud Larry, Matt and the entire staff at shr for offering such a bold guarantee especially following the money drain of an entire wsop. The success of this event is critical to the future of tournament poker and I will support it even if I disagree with some minor aspects that I've discussed.
Post more like this and people will give you more respect as opposed to the other posts you have made in this thread.

Longer levels obviously are better but I'm not going to nitpick when they make a guarantee like this
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 03:43 PM
Excited to come down, don't really care what the structure is, just dont want to be playing 14 hour days. Going to be a fun one.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 03:53 PM
Quote:
Originally Posted by Matt Savage
+1 with a couple PC edits

We really want to have this tournament appeal to all players which includes new, recreational, satellite players, locals, and pros.

I have had 50 people tell me they are playing that would not even consider playing a regular 5K and I will bet many of them don't even look at a structure sheet. Their questions will include "how many chips do we start with," "how much is 1st place," "when is the dinner break," and "how long is the tournament?"
I would say the tournament has real appeal, several people I play with regularly are really looking forward to this. Many I have talked to say they cant wait to win 10 Million$ (many amateurs believe that the guarantee refers to first place). These are the same people that Matt says aren't looking at the structure.

The Hard Rock is also handing out handfuls of free tickets, to any random people lucky enough to win a drawing (or any other promo they run)

With this soft of a field, I can't imagine not hitting guarantee. Have any big names confirmed that they will be playing?
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 04:05 PM
Quote:
Originally Posted by Lord_Strife
Somewhat disagree, but therefore it helps anyone who is bad at poker... Which I'm ok with as well. If me or my close friends don't go deep in this, you'd better believe I'm rooting for 10 players that qualify between "northern European idiot" and "unable to spell poker".
Quote:
Originally Posted by CigarDan
The Hard Rock is also handing out handfuls of free tickets, to any random people lucky enough to win a drawing (or any other promo they run)

With this soft of a field, I can't imagine not hitting guarantee. Have any big names confirmed that they will be playing?
See above ^^^^^^^^^^^

No name bigger than RealCharder30
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 04:05 PM
Quote:
Originally Posted by CigarDan
I would say the tournament has real appeal, several people I play with regularly are really looking forward to this. Many I have talked to say they cant wait to win 10 Million$ (many amateurs believe that the guarantee refers to first place). These are the same people that Matt says aren't looking at the structure.

The Hard Rock is also handing out handfuls of free tickets, to any random people lucky enough to win a drawing (or any other promo they run)

With this soft of a field, I can't imagine not hitting guarantee. Have any big names confirmed that they will be playing?
Take a look at post 155.....that's all you need to know!
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 04:52 PM
The fact that the guarantee will cause people to play regardless of the structure doesn't justify having the structure as it is.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 05:06 PM
Mods I fess up. I've had three accounts for awhile now. Please merge doublejoker Todd Terry and Steve brecher accounts. I promise to abide by the rules in the future.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 05:08 PM
Quote:
Originally Posted by doublejoker
Mods I fess up. I've had three accounts for awhile now. Please merge doublejoker Todd Terry and Steve brecher accounts. I promise to abide by the rules in the future.
Good Job Saw! This is not only funny but true, I just told you this yesterday.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 05:16 PM
Quote:
Originally Posted by Todd Terry
The fact that the guarantee will cause people to play regardless of the structure doesn't justify having the structure as it is.
This structure is GREAT as it IS!

30,000 in chips with 40, 60, and 90 minute levels is PLENTY of play.

7 days is LONG enough for ANY tournament and as the leader of the "WE NEED MORE CHIPS" movement you should be able to see that.

Great sponsored players like you will learn how to adjust, if you don't you can just reenter.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 07:00 PM
Anyone can learn to adjust to any structure but that doesn't mean that your edge isn't reduced by shorter levels.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-17-2013 , 09:57 PM
What will 1st Place pay?
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-18-2013 , 01:11 PM
Quote:
Originally Posted by Biju
What will 1st Place pay?
Approximately 1.7M unless the guarantee is greatly surpassed then maybe more
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-18-2013 , 06:42 PM
Trying to get them to pay more spots (300) and $1,500,000 for 1st and $1,000,000 for 2nd based on exactly $10,000,000 (2,000 players or less). Their standard pay for 1st would pay about $1.7M for 1st and about 200 would be ITM. My goal is to pay the final 100 players to get a good payday in a massive field.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-18-2013 , 06:56 PM
Quote:
Originally Posted by Matt Savage
Trying to get them to pay more spots (300) and $1,500,000 for 1st and $1,000,000 for 2nd based on exactly $10,000,000 (2,000 players or less). Their standard pay for 1st would pay about $1.7M for 1st and about 200 would be ITM. My goal is to pay the final 100 players to get a good payday in a massive field.
Good for the poker community, I like it. Unique circumstances for a unique event.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-18-2013 , 07:22 PM
So you want to pay 300 or 100 spots.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-18-2013 , 07:22 PM
Quote:
Originally Posted by Matt Savage
Trying to get them to pay more spots (300) and $1,500,000 for 1st and $1,000,000 for 2nd based on exactly $10,000,000 (2,000 players or less). Their standard pay for 1st would pay about $1.7M for 1st and about 200 would be ITM. My goal is to pay the final 100 players to get a good payday in a massive field.
I support this. It'll actually encourage more amateurs to play as they like wider/flatter pay-out structures
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-18-2013 , 09:48 PM
It's a one of a kind Tournament to date. A ground breaker. Surely a Casino wants the money spread more widely and therefore more likely into the hands of returning locals. Spread the wealth.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-19-2013 , 02:59 AM
Quote:
Originally Posted by doublejoker
So you want to pay 300 or 100 spots.
300 spots with 2,000 or less players
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-19-2013 , 03:33 AM
I like Matt's payout idea. It's good for most of us pros to reduce variance and def good for the host casino with more money staying with their players. 1.5m first place sounds really nice advertising wise as well.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-19-2013 , 03:53 AM
Quote:
Originally Posted by Matt Savage
300 spots with 2,000 or less players
What was the comment about the top 100 referring to?
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-19-2013 , 08:28 AM
Quote:
Originally Posted by doublejoker
What was the comment about the top 100 referring to?
He's saying he wants to pay an extra 100 people (300 instead of 200).
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote
05-19-2013 , 10:09 AM
Quote:
Originally Posted by doublejoker
What was the comment about the top 100 referring to?
At first, I read it as Matt wants the top 100 players to get decent payouts as oppose to how top heavy most tournaments are. But not sure now. That would be nice.
Seminole Hard Rock (Hollywood) Poker Open (,000,000 GTD ME) August 8-29 Quote

      
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