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11-13-2013 , 09:43 AM
Yea I mean its not a big deal, it's not the calculator itself but just making it an official option for people. I was just trying to find some kind of suggestion to throw in there because the tourney was very well run otherwise.
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11-13-2013 , 12:06 PM
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Originally Posted by Coasterbrad
I'm fine with how they are handling and dispersing the jackpot funds. They don't need the draw of a big bbj to fill the room.

My theory is that they are keeping much more money in the reserve and when the new casinos open in the immediate area they will bump the bbj to 500k or so to keep players at MDLive. If that's the case I give the decision makers a lot of credit for planning ahead.
I was playing last night and a dealer at the table was also spreading the rumor that they are planning on having a 500k+ jackpot when horseshoe opens.
I certainly hope they aren't planning on waiting until late summer of 2014 to have promotions with the reserve monies. The reserve would probably be in the millions by then. I doubt this is the case.
Surely Md Live will be impacted when Horseshoe opens but as long as they continue to treat the players good, like they have been, and continue to make improvements, players should still be attracted to MDL much like they are to the Borgata in AC.
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11-13-2013 , 12:18 PM
This might be a good time to ask:


Mike,

Are you planning any new promotions that you can tell us about?

Thanks,


--klez
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11-13-2013 , 06:50 PM
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Originally Posted by klezmaniac
This might be a good time to ask:


Mike,

Are you planning any new promotions that you can tell us about?

Thanks,


--klez
That would be a great question to PM the rep - non-advertising rep accounts really aren't supposed to be posting their promotions.
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11-13-2013 , 10:15 PM
I'm under the impression I can answer questions?

Thanks

Mike
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11-13-2013 , 11:48 PM
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Originally Posted by DoubleR90
I ended up chopping the Tuesday night $150 8K GTD tourney three ways last night. The tourney had about ~110 entrants or so and it started at 7:15pm. We got down to 3 handed at around 1:35 am. Overall I thought the structure was pretty solid.

We did a rough chip chop where the shortstack got a few hundred dollars more than third place would have gotten and me and the other guy chopped the rest two ways. Original payouts were: $3.9K for first, $2.3K for second, $1.5K for third. We ended up chopping it so third got $2K and me and the other guy got just under $2.9K each.

The only hope/suggesstion that I have is that the poker room gets an ICM calculator for exact and accurate chip chops, if desired. We basically just did some rough math between the three of us and agreed on the above amounts but having one of those calculators and having the tourney directors officiate the exact payouts would be a nice feature to have. Other than that I can't complain I thought it was a pretty well run tourney.
Do they pay you in chips?
Even though you chopped did someone have to officially claim $3.9k on w4?
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11-14-2013 , 01:06 AM
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Originally Posted by Bobo Fett
That would be a great question to PM the rep - non-advertising rep accounts really aren't supposed to be posting their promotions.
I know Mike can't announce promotios here, but he is allowed to answer the question, isn't he?


--klez
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11-14-2013 , 01:38 AM
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Originally Posted by marcme
Do they pay you in chips?
Even though you chopped did someone have to officially claim $3.9k on w4?
They pay in cash. Tax implications are only for the amount you actually receive, no one has to claim more than they won.
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11-14-2013 , 06:33 AM
Have any of you ctown regs noticed that the 2/5 and 1/2 nl games at mdlive are much tighter, and play much smaller, then the games in ctown

It's not like the players are a whole lot better, but they generally have some poker knowledge--atleast knowing they're supposed to fold some of the time. And in general, preflop raises and cbets are smaller.

Very rarely at ctown tables do the blinds get the option to chop. There is always some type of action - there are always weak limpers... At Mdlive, it seems like the blinds where chopping 3,4 times an orbit in the few times ive been

Just my observations and noticed if maybe it's just my small sample size at mdlive.

But ctown is a good deal closer to me, and the games, though fewer, are still very loose and deep.

It seems crazy because mdlive seems like the new mecca of poker on the east coast, but if ctown still has 10-12 tables running, I don't think the $1/hr rakeback makes up for games with less action. Am i wrong?

Last edited by Petey 5thStreet; 11-14-2013 at 06:39 AM.
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11-14-2013 , 06:58 AM
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Originally Posted by klezmaniac
I know Mike can't announce promotios here, but he is allowed to answer the question, isn't he?


--klez
Of course! He's welcome to PM you, or let everyone know where that info can be found on their website.
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11-14-2013 , 07:36 AM
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Originally Posted by socialrunner
They pay in cash. Tax implications are only for the amount you actually receive, no one has to claim more than they won.
Not true. The casino has no control over chop agreements. W2Gs go out for any scheduled payouts greater than $5,000. If 1st is $5,200, 2nd 3,200, etc. then even if you chop $4,100 two ways someone must claim 1st place and the paperwork. At least in every Borgata and CT tourney I have been in has been done this way; I am almost certain it is a Federal IRS thing so I doubt MDL is any different.
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11-14-2013 , 07:40 AM
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Originally Posted by Petey 5thStreet
Have any of you ctown regs noticed that the 2/5 and 1/2 nl games at mdlive are much tighter, and play much smaller, then the games in ctown

It's not like the players are a whole lot better, but they generally have some poker knowledge--atleast knowing they're supposed to fold some of the time. And in general, preflop raises and cbets are smaller.

Very rarely at ctown tables do the blinds get the option to chop. There is always some type of action - there are always weak limpers... At Mdlive, it seems like the blinds where chopping 3,4 times an orbit in the few times ive been

Just my observations and noticed if maybe it's just my small sample size at mdlive.

But ctown is a good deal closer to me, and the games, though fewer, are still very loose and deep.

It seems crazy because mdlive seems like the new mecca of poker on the east coast, but if ctown still has 10-12 tables running, I don't think the $1/hr rakeback makes up for games with less action. Am i wrong?
I haven't noticed any real difference in the action between CT and MDL. I think it just depends on the table you get placed at. Also, there is more than just the $1 less rake. If there is no flop, there is no drop at all. Some say this rarely happens, but it does happen fairly often.
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11-14-2013 , 08:02 AM
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Originally Posted by Hunt4Sky
Not true. The casino has no control over chop agreements. W2Gs go out for any scheduled payouts greater than $5,000. If 1st is $5,200, 2nd 3,200, etc. then even if you chop $4,100 two ways someone must claim 1st place and the paperwork. At least in every Borgata and CT tourney I have been in has been done this way; I am almost certain it is a Federal IRS thing so I doubt MDL is any different.
H4S, this isn't true - socialrunner was correct. MD Live facilitates the chop, and nobody is responsible for more taxes than what they win. If everyone profits less than $5k, there is no paperwork.
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11-14-2013 , 09:47 AM
Made first trip there yesterday.
Nothing much to add to other TRs other than to confirm:
Overall good room.
Sad that the small/mid-LHE didn't get popular, but not surprised.
Yes, please add signs on ceilings with table numbers.
Lighting is indeed terrible.
Too small of a sample size to confirm, but it did seem a large number of players bought in @ 1-2 for very light <100.
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11-14-2013 , 10:11 AM
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Originally Posted by UMTerp
H4S, this isn't true - socialrunner was correct. MD Live facilitates the chop, and nobody is responsible for more taxes than what they win. If everyone profits less than $5k, there is no paperwork.
I have been told the W2G is not issued unless the player wins $5k OVER their buy in. i.e. if the buy in is $500 and the player wins $5,400, no paper work. If buy in is $200 and player wins $5,300 it triggers the taxable event (W2G)
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11-14-2013 , 10:57 AM
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Originally Posted by Bobo Fett
Of course! He's welcome to PM you, or let everyone know where that info can be found on their website.
Just so I understand correctly: If someone asks me about the Bad Beat or any other Jackpots we have, I'm not allowed to answer?


Thanks


Mike
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11-14-2013 , 11:18 AM
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Originally Posted by yg13
I have been told the W2G is not issued unless the player wins $5k OVER their buy in. i.e. if the buy in is $500 and the player wins $5,400, no paper work. If buy in is $200 and player wins $5,300 it triggers the taxable event (W2G)
That's correct (and I think it's what I said.)
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11-14-2013 , 11:27 AM
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Originally Posted by BeakWetter
Too small of a sample size to confirm, but it did seem a large number of players bought in @ 1-2 for very light <100.
Do you mean < 100BB? Min buy-in for 1/2 is $100 and the one time a guy came to my table with a short stack the dealer did point it out. Turned out he had a black in there but just pointing out that min is $100 and dealers seem to be enforcing it.
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11-14-2013 , 11:57 AM
Thinking about playing a tourney today to change it up. Do you register at the main desk or at the cage?
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11-14-2013 , 12:05 PM
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Originally Posted by Berge20
Thinking about playing a tourney today to change it up. Do you register at the main desk or at the cage?
Go straight upstairs. The registration desk for tournaments is at the top of the steps.
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11-14-2013 , 12:20 PM
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Originally Posted by psujohn
Do you mean < 100BB? Min buy-in for 1/2 is $100 and the one time a guy came to my table with a short stack the dealer did point it out. Turned out he had a black in there but just pointing out that min is $100 and dealers seem to be enforcing it.
Yes, thanks. Like I said, small sample, but seemed like we went through 30 or so players while I was there all but 2-3 of us bought it for well below $200.

Action was actually fine for a weekday afternoon.
2-5 tables seemed to play much lower than say the Borg. But again, small sample.
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11-14-2013 , 01:54 PM
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Originally Posted by BeakWetter
Yes, thanks. Like I said, small sample, but seemed like we went through 30 or so players while I was there all but 2-3 of us bought it for well below $200.

Action was actually fine for a weekday afternoon.
2-5 tables seemed to play much lower than say the Borg. But again, small sample.
Luck of the draw, I suppose. In my experience there, most players have tended to buy-in between $200-300 at 1-2. I can probably count on one hand the number of times I recall a player buying in for less than $200 when they first sit down. Re-buys seem to vary a bit more though...
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11-14-2013 , 03:26 PM
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Originally Posted by Hunt4Sky
At least in every Borgata and CT tourney I have been in has been done this way; I am almost certain it is a Federal IRS thing so I doubt MDL is any different.
You are right about other casinos, you are wrong about md live. I think the reason is because md live facilitates the chop.
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11-14-2013 , 04:38 PM
Del Park also lets you sign for exactly what you are paid out. It's state- and casino-dependent.
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11-14-2013 , 05:12 PM
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Originally Posted by Mike Smith
Just so I understand correctly: If someone asks me about the Bad Beat or any other Jackpots we have, I'm not allowed to answer?


Thanks


Mike
If someone has a very specific question for you, like what the Bad Beat Jackpot is sitting at, that should be OK. But unfortunately, tossing out questions like "do you want to tell us about any new promotions" is the kind of thing that has been abused in the past by others to circumvent our rep rules, so we don't allow them to be answered in the threads. It's just too difficult to sort out the legitimate questions (as I imagine this one was), from those who are doing so for less than genuine reasons. I know it probably sounds nitty, but I hope it at least makes some sense.
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