Figured I would cross-post this from the MTT Community Bovada MTT thread. Any thoughts on payouts for good performances that are not in top 3 of big tournaments?
Quote:
Originally Posted by iixiixii
Been on Bovada for a couple years now and been watching it grow steadily. The nightly $10 entry/5k gtd is now 10k gtd and nearly always passes 1500 runners(no re-entry). It used to average about 600- 700 entries. It's not the super fields of Pokerstars but it's the biggest nightly tourney I have found.
Yes this is a very nice phenomenon...everyone who isn't in NJ or NV will eventually find Bovada and consider the merits of depositing and playing. Here is some exact growth info regarding that 9:30 PM $10+$1 Guaranteed tournament:
On January 12, 2012, it had 424 entrants and paid $880 to winner.
On April 8, 2012, it had 467 entrants.
On August 20, 2012, it had 425 entrants and paid me $882 for winning.
On March 15, 2014, it had 1463 entrants and paid over $2200 to the winner, BUT ALMOST DIDDLY SQUAT TO ME (47th place for $39.50 minus my $11 entry).
With this growth, I wish Bovada would look for a way to make logical players who know they will do well but will rarely get into top 3 places of big tournaments FEEL LIKE THEY CAN MAKE NICE PAYDAYS from placing in the top 10% or 5%. For the March 15th tournament, only the final 18 out of 1463 players were paid over $87. You could beat 97% of the field, get paid $46 minus $11 entry for $35 profit. I feel like they pay too much of the prize pool to the top 3 places, and not enough to the excellent players who beat 85%-99% of the field. Sometimes these two groups of players are only separated by one late coin flip result or, worse, a late cooler, that has no connection to skill level.