hmm

725k at 1.5c per point would be $10875

since the costs involved in playing for me would be virtually nil, that $3500 in cash would just go straight into my bank account and thus taking the 725k package would be like paying $7375 to enter the event

it's pretty tempting, obviously the EV here is good but it's quite high variance

Do you guys not own a calculator or something?

$10,000 / 725,000 = 1.379c/FPP.


If ackbleh is correct that you could swing out to LV and register, show Stars, and then unregister and get your money back then this is a flaw in their little system. That's an awful lot of work though for a slightly better rate than cash-bonus or concierge. But I guess it's possible especially for those who are already in the LV area or plan on going to play in a prelim event or two.

I wouldn't want to rip-off Stars in this way though. They are already generous enough with us on all sorts of stuff and I think that trying to find loop-holes like that to take advantage of a particularly classy organization like them is especially sleezy. Not that it's the greatest thing in the world to try to do something like that to a slimy organization. But Stars is so damn nice and helpful all the time that it's even worse to try to find ways around their intended rules.

$1500 bonus is 1.5 cents per FPP

Concierge is ~ 1.61 cents per FPP

725k FPPs for $10K + $2.5k + $1k (if you dont take the room) ~ 1.89 cents per FPP

725K FPPs for $10K and you don't play the event ~ 1.38 cents per FPP

590K FPPs for Main Event only package is ~ 1.7 cents per FPP

590K FPPs for $8.5K (and don't play) is ~ 1.44 cents per FPP

Anyway, at concierge rate of 1.6129 your 725k FPP's would be worth $11693.52.

With a WSOP main-event purchase you get either $12.5k or $13.5k.
So if you want to fly all the way out there to try to rip-off a classy site like Stars for an extra 15% value on your FPP's AND run the risk that they actually notice and possibly ban you or take their money back because they don't like what you did then by all means GO FOR IT!


Seem most likely to be taken advantage of by anyone who was already planning on going out there anyway to play a prelim event or just the cash-games OR somebody who already lives in the general area.

For somebody like me living in Florida that's an awful lot of work and effort just to get that extra $1.9k. And I don't even get all of that obviously since I have to spend some money on my plane ticket out there, etc.

If you want to be particularly slimy: You can concierge the flight and other stuff you have to spend in order to head out there to rip off their WSOP package thing.

Before anyone does this I think they should get confirmation that ackbleh is correct that it's possible to unregister from the WSOP main-event and get a full refund.

I would laugh a hearty laugh if people tried to do this, were turned down for a refund, and were then forced to play the event.

I did this last year. Not to defraud a site -- I didn't win a seat on stars, I won it on Bodog, and they sent the whole thing upfront without requiring a signature. I changed my mind about playing and got a refund. Was easy as hell, took 10 minutes.

why should we own or use a calculator when we know you'll lay it all out for us MicroBob?

YOu should occassionally spread false info to stop the free rider issue

Bob-
You know I'm not going to do this, right? Bringing it up now in front of Scotty's eyes so they're aware of the possibility is more to Stars' benefit than to scammers, who always figure this stuff out eventually anyways (they have a few months).

wtf is a calculator?

cool I'm gonna play in the WSOP ME with FPPs I think.

but how good is getting a palms suite vs 1k??

palms suite FAR superior to 1k.

Scotty's post made me want to play the ME with FPPs too. I think it was the "Supernovas get a suite" part that did it

I only have ~60k FPPs right now. We'll see if I can grind out enough

I'm thinking about trying to tackle SNE next year if I get a large enough bankroll by that time

Kind of like an abacus. But smaller.

I was going to respond to MTTR's response but pokerboy's answer is pretty much exactly what I was going to say. I didn't see the post in SSNL about how to beat shortstackers so if it was about one particular player then I can see locking it. If it was only about how to be shortstackers then locking it was inappropriate and makes me wonder if the Mod that locked it is a shortstacker himself.

Yes,I understand this.
I just wanted to give my little lecture of "you guys really want to try to take even greater advantage of Stars generosity by doing something like this?" just to put the seed there that it's kind of a slimy thing to do regardless of whether or not you can get away with it.

And if there's any way for Stars to check that you actually PLAYED the event then there is that whole issue of them really not liking it if you go against the T&C's of the agreement like that and thus perhaps losing the whole thing and/or your right to play on their site.

What date are people betting on jorg95 hitting SNE? Maybe today...thinks he is very close!

QFMFT.

Normally I just lurk in this thread, but now I can finally add something.

do it

Scotty,

Why does it take seven days to credit the $10,000 to our accounts upon winning a WSOP satellite?

Looking at the Palms site, I saw they had a few different suites listed (junior, salon, grand, 1 bedroom, 2 bedroom,etc.) For anyone curious, I e-mailed Stars to ask what kind of suite would SN and SNE be upgraded to and they responded and said it would be the 1 bedroom suite at the Palms Place. Looks pretty nice. Rates were listed as 449 weekday and 749 weekend.

1,200 square feet of living space
Hardwood and marble flooring
9-foot ceilings
State-of-the-art kitchen
Twin 42" plasma televisions
King-sized bed with additional queen sleeper sofa
Italian bedding by Mateo
Multiple balconies
Living room with fireplace
Laundry closet with washer and dryer

http://www.palmsplace.com/accommodations/1bedroom.php

that must a be a pretty sweet deal Stars worked out with the Palms to essentially 'give' out that many suites.

Remember that these suites...or the $1k if you choose that...does NOT come out of the prize-pool. It's essentially like an overlay for EVERY single Stars satelllite.

If you just look at the cash it's basically getting $13.5k for every $12.5k in the prize-pool if go through with playing the event.

If you look at the true value of the super-sweet-suite you will get then it might be closer to $16.5k or more for every $12.5k in the prize-pool.

Getting 10 days or whatever of a $400-$700/night suite at the Palms for freaking FREE is really pretty incredible.
Well done on setting this up Stars. Big time WOW on that one for sure.

jorj95 I have a question specifically to you. How on earth do you manage to play that many tourneys at once? I mean, regular STTs are no problems up to 15-20 tables to me, but once i add different kind of steps at once + regular stts and maybe 6maxs i completely lose control.

When a table pops up, how do you know its a step 6 /step 5/ 9max/10max ? Also, did you just remember all the step payouts?? It's taking way too much time to click on view lobby all the time during hands to check like I do now...

Just an idea of how you set all of this up would be extremely nice. + how many monitors and stuff, do your tables overlap? 2 in the same spot maybe? Thanks in advance!

Update - Looked at the link and was confused because I think the default is the 'stuidio' and not the '1 bedroom'.
Price for the studio is much less.
Found the option to click to the '1 Bedroom and it indeed appears to be a pretty sweet-suite that mostly ranges from $450 to $700+.

If that's what you get then good-golly-miss-molly wow.
I thought Stars was awesome for giving you a free [not taken out of prize-pool] room at a place like Treasure Island like I got in 05. Or similar room at a place like Mirage or Monte Carlo or MGM or wherever else as I believe they did in recent years.
But to give their SN's an upgraded suite like that is just insane.

Not trying to tell the nice folks at Stars how to do their jobs or am really worried about them frivlously spending on their customers or anything like that....but...Have you guys at Stars lost your freaking minds?!?!?!

The pics of that suite just look ridiculous.
Can i just go live there instead?