In both cases, you'll be able to sell them. we won't be offering any cash except for the bubble

I actually have a meeting on this soon and will share the info as I know

pepsi

We're all learning the ropes here. Just hired a new person for this job and she's doing terrific

We discontinued Friday because of the business and when we moved them Thursdaya and raised the buy-in, we missed every guarantee except the Holiday week. But, we are still throwing stuff against the wall to see what sticks


Thanks



Mike

because it's been discussed ad nauseum ITT why it is low

Sorry haven't been on here forever. So what's the excuse? Just curious

There's no excuse. It's posted with the house rules in the poker room.

25% of every dollar taken out of the pot for the BBJ goes directly into the main jackpot. The remaining 75% goes into a reserve fund.

The reserve fund is used to fund the jackpot when it's hit, as well as payout smaller promotions such as the royal flush jackpot.

And yes, the reserve has quite a bit of money in it at this point. Especially compared to what the BBJ is currently listed at.

They had 4 Royals hit in December during the flopped Royal promotion so that was ~$80,000 alone (I believe it was $10k to the flopper and $1k to each person at the table.) I think.

Plus they were giving $500/$50 to flopped quads and $1000/$100? to flopped straight flushes as well.

So you can see where a portion of the reserve jackpot went.

I think having the jackpot money spread around is a positive thing.

What is the current BBJ at anyways?

It's not an "excuse", it's an approach and method of dispersing promotional funds that are raked at the table. There is a mini-badbeat jackpot that hits fairly often, lowering the mega-jackpot. Along with other promotions. This way, said funds get dispersed more widely, and are more likely to "stay in the room". Some players disagree with this method, but most seem to support managements decision on this. Myself included.

I Think I've Seen It Discussed On Here Before And Just A Guess But I Think They Are Stockpiling Until The 2 New Casinos In Maryland Open (Baltimore & National Harbor) And Then The Jackpot Will Be Larger To Keep Some Of The Poker Players From Migrating To The Other 2. Maryland Live Has Done A Great Job With Cash Games So Far, Just Wish Mike Would Look At Some Of The Tourney Structure And Starting Stacks From Delaware Park. I Understand That Maryland Live Won't Run Tournaments On Fridays & Saturdays Due To Cash Table Demand, But The Other Days They Could Run A Tournament With 10,000 Starting Chips & 25-30 Minute Blinds With A Max Of $100 Buy-In.

Also, Mike You Said That Other Games Weren't Being Run @ Maryland Live Because You Need Info Cards On All Games Run @ Maryland Live. Is There A Possibility Of Pineapple Or Crazy Pineapple Being Added To The Mix? Once Again Thanks For Being So Active On This Thread. I Know A lot Of The Players & I Appreciate It.

how do you know if it doesn't add up without knowing what's in the reserve?

i'm not really sure what you're trying to get at but i believe Mike has said before that their jackpot collections/payouts are audited so if you're trying to say you think MDL is stealing money from the customers then you should probably leave the thread now and not return.

No the reserve was what I was referring to. I knew there was more money somewhere. Just wondering why they're deliberately keeping the BBJ so low? Actually I know why, because no one cares at this point and they know that.

People are going to play there regardless. That being said the BBJ should be at least 200K. Anyone have a clue how much is in the reserve?

I think you missed the point. The philosophy being used is that they would rather have 100 people get $1,000 then 1 person win $100,000. So they have a small bad beat jackpot which isn't super difficult (losing with A's full of T's), which gets hit every so often. And they have promotions like they did in December when they paid the whole table whenever someone flopped quads or a straight flush. There were A LOT of quads that were flopped in December, so a lot of money came out of the reserve.

All that money comes out of the BBJ drop, which keeps the big BBJ fund from growing too large. The BBJ value is displayed on the bottom of the Bravo screens. It seems like it is usually around $60, and it goes up a bit each day, until someone hits the small BBJ, which is 10% of the big one, so then it drops down a little.

This philosophy gives many more people a chance to get bonuses, and while not universally popular (it sounds like this is not your preference), this does seem to be the preference of a majority of the players. Part of that is based on, if someone hits a jackpot for over $100K, they are keeping most of that money, but if someone hits a $1K bonus, that money might flow back into the poker economy when that winner uses that money as his next few buy-ins, or maybe jump up a level to play a higher game.

Maybe you are just misunderstanding but the BBJ is not being deliberately kept low, it is low because it and more often than not the mini BBJ is constantly being hit. That's why it is low.

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I mean if the room had, let's say 20-25 (have no idea if that's high or low just a guess) flopped quads in December to go with the Royals then they paid somewhere around ~$100-110k out of the reserve just in that month. (Again just a guess.)

Plus the BBJ has been hit once or twice I believe. You also have the regular Royal promotion and the mini being hit a fairly decent amount.

You're probably (definitely) right, that the reserve is bigger then the main but that's not a secret is it?

The BBJ just isn't going to get to $200k and that's by design.

You sir are mistaken.

The Reserve should be massive. I just hope they keep doing promotions rather than waiting until Horseshoe opens to make it accessible to us.

So you sir think that all of the money is not accounted for?

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It's being held in a Reserve for Promotions and other future projects. Scroll back a page and see what FM762 said. I believe that explains it better than I can.

No one is saying that the money is unaccounted for, 25% goes to the actual BBJ & 75% goes into a reserve account which is used for other promotion in the poker room. Just estimate how much is in the reserve if the BBJ is around 60,000 and has been hit several times since the room has opened.

Well said. How many times has it been hit? I heard only twice.

Mike,

This $520 PPC Satellite next Sunday... is there a rebuy on that one?

How did the 320 Tuesday bounty tourn compare to the 220s in December? I went and played in Delaware instead...we're there fewer entries?

Are you saying flopped quads happened only 20-25 times during the promotion? I was at the table for 2 and I think I had 6 hours during the promotion (clearly above the average but still).

From what I can tell the odds of flopping quads is about 1,400X as likely as flopping a royal and there were at least 2 flopped royals.

There were a ton of flopped quads.

The promotion was right around 25 days long so I just figured once a day for the purpose of my post. I have no idea how close to accurate that is but it worked for my post.

As for the Royal, Mike specifically stated that 4 Royals hit.

Factor in maybe 1 or 2 flopped Straight Flushes too if you'd like.

One of the dealers told me that there were over 300 flopped quads.