2021 WSOP - Page 10 - WSOP and Tournament Circut

I'm not a doctor, but I can quote one. Fauci said the typical double-layer cloth mask that most people seem to wear, is virtually worthless against the virus.

This is literally false info. He said they are not very helpful in stopping someone from CATCHING it, but definitely helps reduce someone from SPREADING it. Which people threw out like some giant gotcha, despite that being the same thing people have been saying for 14 months or so now. You wear a mask not to stop from catching it, but to keep yourself from inadvertently spreading it.

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07-10-2021 , 02:00 PM

#227

riverph7

veteran

Join Date: Dec 2006 Posts: 2,386

Quote:

Originally Posted by pig4bill

I'm not a doctor, but I can quote one. Fauci said the typical double-layer cloth mask that most people seem to wear, is virtually worthless against the virus.

Agree. Have you ever been to the WSOP? It's a human car wash. You're arseholes to elbows with massive mobs of people almost any time you're in the WSOP area.

Quote:

Originally Posted by Black Aces 518

Please be very careful while quoting someone. Pl be prepared to post link to original quote.

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07-10-2021 , 04:43 PM

#228

jiffypop

centurion

Join Date: May 2006 Posts: 133

Will there be mini satellites at the Rio, or only on WSOP.com?

Might take a stab at the Little One for One Drop ($1k+$111) but don't have much of a BR.

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07-10-2021 , 04:47 PM

#229

jiffypop

centurion

Join Date: May 2006 Posts: 133

Structure sheets are up.

https://www.wsop.com/tournaments/

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07-12-2021 , 11:27 AM

#230

RealMcCoy

grinder

Join Date: Feb 2003 Posts: 674

Quote:

Originally Posted by jiffypop

Structure sheets are up.

https://www.wsop.com/tournaments/

LOL maybe a bit of proof reading was in order for them

EVENT#52: $1,000 SENIORS NO-LIMIT HOLD’EM CHAMPIONSHIP
(MUST BE AT LEAST 50 YEARS OF AGE) (ONE RE-ENTRY PER FLIGHT)
WEDESDAY OCTOBER 27 & THURSDAY OCTOBER 28, 2021 at 10 AM

EVENT #55: $400 THE COLOSSUS NO-LIMIT HOLD’EM (4 DAY EVENT)
FRIDAY – OCTOBER 29, SATUDAY – OCTOBER 30, 2021 AT 10 AM

Last edited by RealMcCoy; 07-12-2021 at 11:32 AM.

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07-12-2021 , 01:12 PM

#231

jiffypop

centurion

Join Date: May 2006 Posts: 133

Quote:

Originally Posted by RealMcCoy

LOL maybe a bit of proof reading was in order for them

Quote:

Last edited by RealMcCoy; Today at 10:32 AM

curious

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07-12-2021 , 01:35 PM

#232

RealMcCoy

grinder

Join Date: Feb 2003 Posts: 674

Quote:

Originally Posted by jiffypop

curious

What is curious ? I found the second screw up after I posted the first and "edited" my post to include it. I suspect there are more but only checked the structure sheets for when I am going to be in town.

I do hope their math accuracy is superior to their spelling.

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07-12-2021 , 01:55 PM

#233

Dr. Meh

veteran

Join Date: Aug 2013 Posts: 3,351

Verrrrryyyy curious

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07-12-2021 , 03:52 PM

#234

SuperGrover123

centurion

Join Date: Dec 2020 Posts: 156

It’s almost too curious .....

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07-12-2021 , 09:40 PM

#235

RedOak

FUD

Join Date: Sep 2005 Posts: 722

In 2020 Nevada passed a new 6.75% gaming tax on tournament pools. So vig went up to cover this. For example 1k event used to have 10% vig or $100, with $70 to house and $30 to staff. Now it is 11% or $110, with $7.425 to taxes, $69.975 to house, and $33 to staff.

Quote:

Originally Posted by popesc

Thanks! I found the 2019 rake schedule https://www.wsop.com/2019/2019-WSOP-Schedule-Final.pdf

Below is the comparison. It looks like rake increases across the board. More rake is better, right?

Buy-In Buy-In
Take-Out Take-Out
$400 $400
16.25% 17.50%
$500 $500
13% 16%
$888 $888
10% 11%
$1,000 $1,000
10% 11%
$1,500 $1,500
10% 11%
$2,000 $2,000
10% 11%
$2,500 $2,500
10% 11%
$3,000 $3,000
10% 11%
$5,000 $5,000
7% 7.75%
$25,000 $25,000
5% 5.50%
$10,000 $10,000
6% 6.75%
$50,000 $50,000
4% 4.25%
$100,000 $100,000
3% 3.25%

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07-13-2021 , 08:47 AM

#236

ndazone

stranger

Join Date: May 2016 Posts: 5

Quote:

Originally Posted by RealMcCoy

They also have the link for online registration at the bottom of structure page going to a 2019 page. I would think it is the same, but would like to know if anything is different.

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07-13-2021 , 09:45 AM

#237

popesc

journeyman

Join Date: Jan 2005 Posts: 316

Quote:

Originally Posted by RedOak

This makes more sense now and doesn't appear nearly as greedy by the casino. Thanks for the info.

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07-13-2021 , 05:32 PM

#238

akashenk

veteran

Join Date: Mar 2013 Posts: 3,116

Quote:

Originally Posted by RedOak

Quote:

Originally Posted by popesc

This makes more sense now and doesn't appear nearly as greedy by the casino. Thanks for the info.

Gotta love this. NV doesn't have an income tax so they have decided to levy a tax on the transaction of exchanging cash for tournament chips. And why can they do this? Because poker players are degenerate gamblers and are happy to bend over and take it in the rear every time some greedy hand decides to dip into the poker economy.

Imagine bellying up to a gaming table, handing the dealer $300 and having them give you $280 in chips. Just a small fee. I don't think the gambling community would stand for it. There would be a revolt. But poker players are a different breed.

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07-13-2021 , 11:00 PM

#239

jiffypop

centurion

Join Date: May 2006 Posts: 133

Are there typically satellites for all the events, or just the larger buy-in ones?

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07-14-2021 , 02:57 AM

#240

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,817

Quote:

Originally Posted by akashenk

That's the idea. Fleece the tourists and make a better life for the state residents.

Quote:

Originally Posted by jiffypop

Are there typically satellites for all the events, or just the larger buy-in ones?

There are a few event-specific satties, but most are geared to buy-in amount. $1000, $1500, etc.

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07-14-2021 , 10:20 AM

#241

The Executioner

newbie

Join Date: Mar 2020 Posts: 15

Quote:

Originally Posted by jiffypop

Are there typically satellites for all the events, or just the larger buy-in ones?

Believe there are satellites for tournaments down to at least the $1k level and maybe to lower level buy-ins than that, though in any case I have always played them only for profit rather than trying to earn a seat.

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07-14-2021 , 01:14 PM

#242

jiffypop

centurion

Join Date: May 2006 Posts: 133

Quote:

Originally Posted by The Executioner

So like $100 (plus vig), every 10 entries adds a 1k lammer sort of thing?

Quote

07-14-2021 , 02:35 PM

#243

Black Aces 518

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 9,463

P. 8 and 9 of this document have the mega schedule. https://www.wsop.com/pdfs/schedules/schedule_4865.pdf

Most of them are higher buyins than $100, though there is a daily $180 Turbo Mega at 9AM that pays $1500 in lammers, and some lower buyin ones right before the Reunion and some $140 ones right before the Main designed to satty into other satellites.

They also have constant single table SNGs at buyins including $75, $125, $175, $225 that run and pay winner take all for lammers and a bit of cash (like $1000 in lammers and $40 cash for the $125s). Those often end up chopping also. You can use these as satties or sell the lammers.

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07-14-2021 , 03:02 PM

#244

The Executioner

newbie

Join Date: Mar 2020 Posts: 15

With 3.3 per cent already out of the prize pool for dealers and staff, why tip the dealers when you cash? Seems like another set of hands reaching down there and getting you by the short-'n-curlies, as if there were not enough.

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07-14-2021 , 03:03 PM

#245

akashenk

veteran

Join Date: Mar 2013 Posts: 3,116

Quote:

Originally Posted by pig4bill

That's the idea. Fleece the tourists and make a better life for the state residents.

I think the gaming industry does a good enough job fleecing the tourists. IMO they've gone too far with this chip exchange transaction fee.

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07-14-2021 , 04:32 PM

#246

threebanger

grinder

Join Date: Jan 2008 Posts: 616

Can you not trade in lammers at the cage for cash?

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07-14-2021 , 04:36 PM

#247

Black Aces 518

Carpal \'Tunnel

Join Date: Oct 2004 Posts: 9,463

Quote:

Originally Posted by threebanger

Can you not trade in lammers at the cage for cash?

Quote

07-14-2021 , 05:07 PM

#248

slcpunk

centurion

Join Date: Feb 2015 Posts: 180

Quote:

Originally Posted by akashenk

Imagine bellying up to a gaming table, handing the dealer $300 and having them give you $280 in chips. Just a small fee. I don't think the gambling community would stand for it. There would be a revolt. But poker players are a different breed.

Not to defend the law as RedOak describes it (I can't find the actual statute or regulation), but it seems worth noting that the 6.75% does apply in other games. It's a license fee charged on all gaming revenue, so the casino pays it on their profit in the table games. Live poker tournaments used to be excluded, but it sounds like that may have changed.

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07-15-2021 , 01:27 AM

#249

threebanger

grinder

Join Date: Jan 2008 Posts: 616

Quote:

Originally Posted by Black Aces 518

Ok, follow up, is it customary to sell them to someone at the Rio at a small discount? I have $1000 lammer and I sell it to someone else for $900 or so?

Quote

07-15-2021 , 03:57 AM

#250

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,817

Quote:

Originally Posted by threebanger

Ok, follow up, is it customary to sell them to someone at the Rio at a small discount? I have $1000 lammer and I sell it to someone else for $900 or so?

There are entire threads with a thousand posts arguing back and forth, dedicated to lammers and selling them. Look back a few years.

Bottom line, people sell them, but WSOP doesn't want you to. Depending on which security guy you encounter, they will either not GAF or be like the 6'5" guy that screamed in my face and scared away Kathy Liebert when she was trying to buy a lammer from me.

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