Quote:
Originally Posted by Dream Crusher
I honestly have no clue what you are talking about. Why would I want to be in a tournament where a higher percentage of the money goes to the rake rather than the prize pool? That makes no sense. One is getting charged $30 more for a smaller potential prize pool. From what I see the Texas Card House doesn't even advertise a minimum.
From what I recall, TCH's $100 buy-in tourny is a $10K GT, but, same here, I don't see the minimum prize pool. However, I'm comparing the two because they're both $10K GTs, TCH use to advertise that 2 weeks or so ago.
Sure, more "rake" is going to the house but the end amount spent is significantly different.
Going back to my example.
The Wynn Re-buy tournament
-Offers a $10K GT for $180 buy-in + $25 rake (Given that's not the true prize pool but we can use that as a minimum marker for comparison)
-There's no chair rental
-4% of the prize pool is withheld for dealers and service charge
-Grand total spent on tourny is $205
TCH $100 Re-buy tournament
-Let's say that their tourny is still a $10K GT as they advertised in the past
-Let's say that their tourny lasts 5 hours
-They charge an hourly rate of $10/hour + $2 check-in + tax (8.25%)
-Grand total is $156.29
The difference seen between the two is:
-You get into a $10K GT cheaply by comparison
-Softer field
-Smaller field
-Re-buys are cheaper by comparison
-Rake is roughly double the amount from the Wynn
-No comps
-No percentage of the prize pool is additionally withheld
-Saving you a grand total of $48.71 minus membership tier price
I can further my argument by comparing the two tournaments with a 100 entry field (0 re-entry for simplifying purposes) at their respective buy-in prices. Ultimately, you get 1.24 more tournament buy-ins for 1st place at TCH than the Wynn.
From my perspective, that seems to be a pretty reasonable trade-off for a lot more advantages. Also, living near the center of Texas makes a difference.
Last note, I don't like the fact that they're charging for chair rental for tournaments but looking at buy-in amounts at the end, it seems negligible.