+1

from press release; 12000 heavily armed mercenaries have been hired to avoid colluding. Collusion is a serious offence, and our team has been trained thoroughly by the very best in this field; Haseeb Qureshi, Sorel Mizzi, Daniel Cates just to mention a few , says the head of security Mr. Howard Lederer

Every few years in Chicago somebody talks about building a new "world's tallest building."

Often they even seem to have the support of the mayor.

First they push back the completion date. Then they scale back the height, so it's only going to surpass the Sears Tower.

Eventually, the entire thing is scrapped and ground is never really broken.

This event has reminded me of those skyscrapers that are never built and I don't mind saying so now that we read Tapie's strategy to purchase FTP.

Shows how poorly thought out it was from the start.

This is ridiculous.. pretty expensive promotional video, its not gonna work lol. I would be surprised if more then 200 ppl show up.

i'll play it it happens for sure.

How is this not getting love?

yeah, it's a done deal!

it is on the .fr iPoker netowrk which has 0 traffic, so makes no difference.

*golf clap*

the mother of all donkaments

Cliffs on this? Is it going to happen? If so, when?

I find it comical that the ISPT website says 2542 players are registered, yet registration is not yet open online.

I find this number highly suspect and think that he stole a page from the FTP book of posting invalid numbers on your website.

They already have 2,500+ people registered.

Yes indeed, power supplies will be available to every player.

Cheers,
Stephen.

I still don't under the concept around this. 30k Players online and 3k Players Live and there seems to be like 3 different buy-ins on the website from 600 euros to 6000 euros.

This is completely ludicrous.

LOL

same bathrooms as when the football games go on. duh

I agree. Hire Lee Jones for some consulting IMO.

Thanks for explaining this. I'm looking at the tournament schedule on the website you linked to, and I have some questions.


What percentage of total participating players (both online and live day 3 buy-ins) do you anticipate making the money? Or are you going to wait until day 2 ends to come up with the payout structure?

The reason I ask this is your post above implies that Day 3 will begin having not yet made the money.


I expect the vast majority of players who play this to come with a single bullet (and not rebuy).

Day 3 starts where the cost of the BB equals what players start with on Day 1. Based on the structure, I would expect that the average stack would be around 40BB to start Day 3, or about 200,000 chips. Assuming that to be the case, someone can buy in for 40x the starting stack for 10x the initial entry fee? In a tournament that is about to hit the money?

What will the minimum payouts for the bottom tier of those who cash look like? I'm assuming it will be something like €1000, so that players who started from day 1 and cash will make some money and players who bought in on day 3 for €6000 and barely play at all and mincash will lose money.

I posted this in a different thread around a month ago, echos some of the same concerns as the player above me. Have you consulted with any tourney pros on the structure and unique format?

"I'm having a hard time seeing 30,000 people clamoring to go sit in the stands of wembley and play online for a few days, with a whole day of rebuys and online dealing speeds the structure must be insane. There are some big problems with the direct buy in as well, how can they announce that it will be 6K to buy in direct, when it's a rebuy. Depending on how many people they let buy in direct they could be getting an insane overlay.

An example as I understand it

If I assume the avg players rebuys twice, that is 1800x30,000=54mil

Lets say they cap it at 2K "online players" and 1K direct buys. 1000x6000=6mil

So the direct buys would pay 6K to enter a 3000 person tourney with a 60mil prize pool (obv rake plays a part too, I haven't found it stated anywhere, it would have to be insanely high to not make buying in direct incredibly +ev). They have stated the direct buy ins get an average stack."

If 30,000 people are all playing on laptops, on the internet, why do they even need to go to Wembley?

"...Days 4,5,6 & 7 continue live, on the field at Wembley..."

So the stands are now empty for 4 days while they play on the field? Why even have it at Wembley if the stands are empty for the last 4 days?

If people are in the stands, who are they? The people who busted out? You don't seriously expect people to sit there, in the stands, for 4 days after busting out do you?

has this playing on laptops in the same venue then transitioning to a live torny been tried before by the organisers on a smaller scale? say with a few hundred or even a few dozen participants etc..? will it be tried on a smaller scale before going ahead with this event?

Or do they believe that they've anticipated any potential difficulties with this rather unheard of format and they might as well just go for it with the anticipated 30,000 entrants and millions at stake?