Looks like Global copied some of Stars' policy on this as they are incredibly similar in overall context and the actual layout:
https://www.pokerstars.com/poker/tou...cancellations/
I checked some of the other big poker sites to see if everyone had it laid out the same way as Stars, but they don't. So to me, it looks like Global just reworded the main parts of Stars' policy to make it their own.
Maybe the person who originally copied it (if they did copy it) doesn't work at Global any longer, or they were not asked how to deal with this, or they didn't remember where they got it from, as Stars even gives examples of how they pay out this exact situation (tournament started, not yet ITM)!
Stars' method - Total Prize Pool is divided equally into 2 parts:
Part 1 (50% of PP): Each remaining player gets an equal share
Part 2 (50% of PP): Each player gets an amount depending on their chip count vs total chips at the time of the cancellation (looks like chip count, not ICM)
Each remaining player will also get the fee of the tournament back (ie in a $11 MTT ($10 + $1), they will get $1 back
Obv busted players do not get anything back. Stars only pays out what it takes in, ie if a tournament has not hit its GTD, then it will only pay out Total Entries (including Rebuys/Addons etc) * BI
It is possible that a remaining player will get less than their BI back on Stars. But that's clear from their policy on it
OP states that there were 114 left in the tournament. Global says its 116. Its possible that they took a snapshot of the tournament when it began to have issues, and not when the whole thing crashed.
Global's way of calculating the refunds is bizarre and not what their own policy says:
Quote:
Originally Posted by GlobalPoker_Joey
Event 26 L
- The guarantee for this tournament was SC$15,000.
- There was SC$10,500 in players funds contributed to the tournament.
- At the time of the tournament ending, there were 427 players remaining in the event.
- Their SC$22 buy-ins combined to a total of SC$9,394.
- We refunded the SC$9,394 to players and divided the SC$10,500 amongst players using the guidelines listed above (50% divided equally and 50% by chip chop).
- This equals a total payout of SC$19,894, 33% more than the tournament guarantee
26 M
- The guarantee for the tournament was SC$40,000.
- There was SC$12,900 in players funds contributed to the tournament.
- At the time of the tournament ending, there were 116 players remaining in the event.
- Their SC$110 buy-ins combined to a total of SC$12,760.
- We refunded the SC$12,760 to players and divided the SC$12,900 amongst players using the guidelines listed above.
- This equals a total payout of SC$25,660.
- The additional SC$ in the guarantee was divided up and used to reimburse players taking part in Rattlesnake Open satellites running at the time of disconnect.
- This approach is reasonable as had these satellites been left to run to completion these are funds that would have been part of that prize pool.
Global says that they distributed ~$14K to players who were in the satellites to the 26M event. Were these hugely overlaying? If not, did you need to buy into these sattys, and if so what happened to the buy-in $$$ itself? Their wording of "these are funds that would have been part of that prize pool" seems an odd way to put it.
I think this is how Stars would calculate the crash for the 26M (diff versions depending on # remaining, and I also put in if they paid the GTD, which they don't):
Please correct me if you see something incorrect in there (starting chips, etc).
Global says this previously about the events:
Quote:
Originally Posted by GlobalPoker_Joey
2) 26L and 26M will both be rolled forward as per our normal refund policy. This means that the overlay will be paid out to players
Seems strange, but generous, that they paid much more than they needed to for the 26L. Seems strange that they didn't fully compensate the players who were in the 26M at the time of the crash/cancellation