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Old 06-18-2015, 06:25 AM   #1
Alan C. Lawhon
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A WSOP "Winner Takes All" Main Event?

With the exception of the recent heavyweight fight between Floyd Mayweather and that other guy, there are very few sporting events (or tournaments) where the winner cashes in for $100 MILLION dollars. So what would happen if the WSOP decided to try an experiment with the Main Event: The "winner" takes it all and every other player gets zilch?

I suppose it's possible only a thousand players would each plunk down $10K for a chance to win $10,000,000, but it's also possible 10,000 runners might take the plunge. In a "winner take all" Main Event with 10,000 players, somebody would walk away with 100 million. That should attract a lot of media attention ...
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Old 06-18-2015, 06:26 AM   #2
JumalSander
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Re: A WSOP "Winner Takes All" Main Event?

never gonna happen..if u bubble u killurself
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Old 06-18-2015, 06:29 AM   #3
Alan C. Lawhon
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Re: A WSOP "Winner Takes All" Main Event?

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never gonna happen..if u bubble u killurself
Yea, I suppose one of the "rules" would be: "No deal making on the final table!" (Ha! Ha!)
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Old 06-18-2015, 06:31 AM   #4
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Re: A WSOP "Winner Takes All" Main Event?

Theres no way deals don't get made. But why the Main Event? Have a separate, $500-$1000 winner take all.
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Old 06-18-2015, 06:34 AM   #5
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Re: A WSOP "Winner Takes All" Main Event?

Plus, when someone wins 100m there is no way that money ever gets back into the poker economy. A fish will retire and spend it. I bet most pro's would quit if they binked 100m..
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Old 06-18-2015, 06:49 AM   #6
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Re: A WSOP "Winner Takes All" Main Event?

Actually WSOP main event is one of the highest paying finals in whole of sporting.. With a margin
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Old 06-18-2015, 06:50 AM   #7
Alan C. Lawhon
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Re: A WSOP "Winner Takes All" Main Event?

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Originally Posted by Bighurt52235 View Post
Theres no way deals don't get made. But why the Main Event? Have a separate, $500-$1000 winner take all.
Big:

The reason I suggested the Main Event is a vague recollection I recall reading from a book about the early history of the WSOP. Back when "the Main Event" consisted of approximately ten mostly old time Texas road gamblers, (i.e. Doyle Brunson, Johnny Moss, Amarillo Slim, Crandall Addington, Jack "Tree Top" Strauss et al.), Puggy Pearson was reluctant to play in the event. (This was back in the early 1970's when $10,000.00 was considered a lot of money.) Puggy was reportedly reluctant because he felt a "World Champion" of poker should win it all.

I was thinking a one-time "Winner Takes All" Main Event (with the final table playing down over a weekend) might have the potential for huge television ratings. Such a tournament might attract several thousand gamblers from Macau, a bunch of rich businessmen (like Andy Beal), and a lot of pros who would probably be selling pieces of themselves. If there were as many as 10,000 entrants, it might be one of the most watched sporting events in history ...

Just think of all the action Las Vegas and British sports books could take setting odds on various players to win. It would be great if I bet $100 on Phil Ivey (to win) at 100:1 - and Ivey actually took it down!

Last edited by Alan C. Lawhon; 06-18-2015 at 07:05 AM.
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Old 06-18-2015, 06:57 AM   #8
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Re: A WSOP "Winner Takes All" Main Event?

they need to do this next year
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Old 06-18-2015, 07:09 AM   #9
restorativejustice
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Re: A WSOP "Winner Takes All" Main Event?

It's a great promotional idea for poker to grab some of the hype now going to Fantasy Sports.

Make it $1000 and a hyper turbo that lasts at most 2 days and you might get the magical 10,000 entrants/10MIL first prize taking a shot.

Think of the drama when heads up!

Certainly worth an experiment.
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Old 06-18-2015, 08:01 AM   #10
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Re: A WSOP "Winner Takes All" Main Event?

Alan,

If you actually thought about it, you'd realise they'd be lucky to get 500 runners and the winner would get less than the ME winner gets under the current format.
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Old 06-18-2015, 08:33 AM   #11
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Re: A WSOP "Winner Takes All" Main Event?

Players have been asking for the WSOP to facilitate chops. + you won't get a 100,000,000 prize pool in the first place if it was winner takes all.
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Old 06-18-2015, 09:22 AM   #12
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Re: A WSOP "Winner Takes All" Main Event?

Quote:
Originally Posted by restorativejustice View Post
It's a great promotional idea for poker to grab some of the hype now going to Fantasy Sports.

Make it $1000 and a hyper turbo that lasts at most 2 days and you might get the magical 10,000 entrants/10MIL first prize taking a shot.

Think of the drama when heads up!

Certainly worth an experiment.
Agree needs to be a 1k event plus a no break, no cell phone final table, so would probably have to be a 20 min hyper turbo.
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Old 06-18-2015, 09:26 AM   #13
Cassim II
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Re: A WSOP "Winner Takes All" Main Event?

Plus, I don't get the mayweather vs pacquiao analogy.. Both of them got paid loads of money no matter what the result. And the reason that people watched that match had nothing to do with the money the winner got, quite vice versa.
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Old 06-18-2015, 09:37 AM   #14
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Re: A WSOP "Winner Takes All" Main Event?

the one drop sat in 2012 was kinda big and if you could manage sub sats (e.g. 100 into 1k into the 10k), there could be indeed a crazy 10k or 100k winner takes it all event .... BUT it would never be a replacement for the ME ... way too many are happy to cash something and would never play such an event

besides that, wsop has a few 'big po' events (Milly Maker, Monster Stack ...) recs won't play every event, so throwing in a new event might be contra productive
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Old 06-18-2015, 09:50 AM   #15
Alan C. Lawhon
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Re: A WSOP "Winner Takes All" Main Event?

Quote:
Originally Posted by PeteBlow View Post
Alan,

If you actually thought about it, you'd realise they'd be lucky to get 500 runners and the winner would get less than the ME winner gets under the current format.
Pete:

I didn't "think" about it - I just threw the idea out there. But now that I do think about it, consider this ...

Let's suppose Caesar's and the WSOP have the cajones to guarantee a $10 million prize to the winner - irrespective of how many runners enter the tournament. What's the worst that can happen? One player enters and Caesar's has to cough up a $9,990,000 overlay. An overlay that large is highly unlikely. With a $10,000,000 guarantee to the winner, charging a $500-$1,000 entry fee for each runner, I suspect you'll have more than 500 entrants. (With a "winner takes all" format and a $10 million guarantee, I would imagine 1,000 runners from Macau would jump in. That takes care of the guarantee.)

How realistic is this projection? I believe I read somewhere that 30 or 40 BILLION was wagered in Macau last year. I don't think it's out of line to "guesstimate" that one or two billion of that was wagered at the poker tables. There could easily be 1,000 entrants from Macau alone. For folks like Andy Beal and Guy Liberte, a $10,000 entry is pocket change. A shot at winning somewhere between $10 million and $100 million starts to get interesting for them ... As for the pros, with a $10 million guarantee, I would think [at least] 50-100 of them would jump in. That leaves fish and amateurs who have very little [real] chance of winning - but they do have $10,000 and a dream. Who knows how many of them might enter?

The real problem I see is the format. This would be a "big money" event - as in REALLY BIG money. I don't think it should be a low buy-in style 2-day hyper-turbo luck fest. The structure needs to be closer to the Main Event structure with 2-hour levels and a chance to see skill, great plays and some spectacular bluffs - along with the usual smattering of bad beats and coolers. The problem would be: What happens if you do get 5,000 to 10,000 entrants? If there are substantially more than 1,000 entrants with a Main Event structure, this tournament could drag on for two weeks before you're down to the final table. That (probably) wouldn't work ... Maybe the solution would be 1-hour levels. (I suppose we should consult with an expert on tournament structures - like say Chainsaw Kessler?)

All I know is that I would stay glued to a television set over a 2-day weekend if I were watching 9 guys (and/or gals) playing down to the last one who walks away with 10, 20, 30 (or who knows how many?) million dollars.

Last edited by Alan C. Lawhon; 06-18-2015 at 10:02 AM.
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Old 06-18-2015, 10:01 AM   #16
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Re: A WSOP "Winner Takes All" Main Event?

there are better ways to light 10k on fire, like actually lighting 10k on fire.
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Old 06-18-2015, 10:15 AM   #17
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Re: A WSOP "Winner Takes All" Main Event?

Quote:
Originally Posted by Alan C. Lawhon View Post
For folks like Andy Beal and Guy Liberte, a $10,000 entry is pocket change.
That's why guys with that kind of money will play the million dollar one drop.
As for $10m $20m $30m .. again that's what one drop is meant to do, they need to allow and get more entrees maybe more satellites too.
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Old 06-18-2015, 10:28 AM   #18
Cassim II
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Re: A WSOP "Winner Takes All" Main Event?

Quote:
Originally Posted by Alan C. Lawhon View Post
Pete:

I didn't "think" about it - I just threw the idea out there. But now that I do think about it, consider this ...

Let's suppose Caesar's and the WSOP have the cajones to guarantee a $10 million prize to the winner - irrespective of how many runners enter the tournament. What's the worst that can happen? One player enters and Caesar's has to cough up a $9,990,000 overlay. An overlay that large is highly unlikely. With a $10,000,000 guarantee to the winner, charging a $500-$1,000 entry fee for each runner, I suspect you'll have more than 500 entrants. (With a "winner takes all" format and a $10 million guarantee, I would imagine 1,000 runners from Macau would jump in. That takes care of the guarantee.)

How realistic is this projection? I believe I read somewhere that 30 or 40 BILLION was wagered in Macau last year. I don't think it's out of line to "guesstimate" that one or two billion of that was wagered at the poker tables. There could easily be 1,000 entrants from Macau alone. For folks like Andy Beal and Guy Liberte, a $10,000 entry is pocket change. A shot at winning somewhere between $10 million and $100 million starts to get interesting for them ... As for the pros, with a $10 million guarantee, I would think [at least] 50-100 of them would jump in. That leaves fish and amateurs who have very little [real] chance of winning - but they do have $10,000 and a dream. Who knows how many of them might enter?

The real problem I see is the format. This would be a "big money" event - as in REALLY BIG money. I don't think it should be a low buy-in style 2-day hyper-turbo luck fest. The structure needs to be closer to the Main Event structure with 2-hour levels and a chance to see skill, great plays and some spectacular bluffs - along with the usual smattering of bad beats and coolers. The problem would be: What happens if you do get 5,000 to 10,000 entrants? If there are substantially more than 1,000 entrants with a Main Event structure, this tournament could drag on for two weeks before you're down to the final table. That (probably) wouldn't work ... Maybe the solution would be 1-hour levels. (I suppose we should consult with an expert on tournament structures - like say Chainsaw Kessler?)

All I know is that I would stay glued to a television set over a 2-day weekend if I were watching 9 guys (and/or gals) playing down to the last one who walks away with 10, 20, 30 (or who knows how many?) million dollars.
Were you clued to your TV when Jamie Gold walked away with 12m?
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Old 06-18-2015, 10:45 AM   #19
restorativejustice
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Re: A WSOP "Winner Takes All" Main Event?

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Were you clued to your TV when Jamie Gold walked away with 12m?
If you knew the winner of that tourney would get 12MIL and the guy who finished in second would get ZERO, yeah, you bet even non-fans/players of poker would watch that.
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Old 06-18-2015, 10:48 AM   #20
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Re: A WSOP "Winner Takes All" Main Event?

If this ever happens it would be a massive collusionfest between hundreds of people sharing pieces. It would basically be a few teams that battle and end up splitting the jackpot between like 500 people.
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Old 06-18-2015, 11:29 AM   #21
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Re: A WSOP "Winner Takes All" Main Event?

It would be a good idea in a game where luck is not the main reason someone wins unlike huge fields donkament poker. Getting 1st place in a 10k people event is an achievment based on 99% luck, you could play the lottery as well...
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Old 06-18-2015, 11:56 AM   #22
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Re: A WSOP "Winner Takes All" Main Event?

A more fun lottery though
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Old 06-18-2015, 12:25 PM   #23
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Re: A WSOP "Winner Takes All" Main Event?

er, isn't this how most of the events used to work, at least pre-ungar or there abouts?

Quote:
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If this ever happens it would be a massive collusionfest between hundreds of people sharing pieces. It would basically be a few teams that battle and end up splitting the jackpot between like 500 people.
basically this
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Old 06-18-2015, 12:45 PM   #24
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Re: A WSOP "Winner Takes All" Main Event?

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Originally Posted by restorativejustice View Post
If you knew the winner of that tourney would get 12MIL and the guy who finished in second would get ZERO, yeah, you bet even non-fans/players of poker would watch that.
Gold got 6m more than 2nd place finisher, and 10m more than 9th.. quite the same as 12m and 0.. And how many were glued to their TVs when shark cage was aired with 1m and 0 structure..
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Old 06-18-2015, 01:23 PM   #25
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Re: A WSOP "Winner Takes All" Main Event?

many of us have always dreamed of a winner take all. It just sounds badass renegade gambler style. Another thing to throw in, an event where you can buyin for any ammount above 100k.
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