They have the WSOP+ app now that I think you can use to register with. In theory, anyway.

Does anyone know if a founders club membership is still offering the diamond club perk?

I asked as my membership is up for renewal next month and this is what they sent back.

"The Caesars Rewards benefit providing Diamond status is currently not available for new upgrades. We do not have a definitive timeline for anyone that currently has the upgrade or should have the upgrade by now, but we hope to share those details soon. "

Yeah those were numbers only for purposes of illustration and easy calcs. They would not resemble any tournament payout I can think of.

With your example of 54 players, 200 fee of which $150 goes to prize pool (8100 total), I would go with 500 for 5th, which would yield the following payout:

1st: 3,390
2nd: 2,101
3rd: 1,302
4th: 806
5th: 500

You could also force 1st to be a fixed % of the prize pool. If we use 30% payout for first, the following payout results:

1st: 2,430
2nd: 1,933
3rd: 1,538
4th: 1,224
5th: 974

Each payout step up is geometrically constant. In the first payout 806/500 = 1.612, 1302/806 = 1.615, 2101/1302 = 1.614, and 3390/2101 = 1.614. Except for small rounding errors the growth for each place is constant. Same for the other payout example.

There’s a really large thread on all things Diamond status in the Las Vegas Lifestyle section of the forum.

I can’t speak about founders card and that system but I have Diamond through my Wyndham business credit card and I’ve been trying to match it to Caesars for about a month. Talked to support and they said they are updating their system and it should be operational again in early March.

As akashenk mentioned, the constant growth payout model will not work for large field events because the min cash basically gets very close to zero.

To get around that, I used the following rules:

-A player finishing in position n is awarded 1/(n+1) more than the amount awarded to player in position n+1;
-a constant multiplier applied to each payout so that the aggregate projected payouts equal the prize pool;
-the min payout is known.


For example: I used the 2023 Seniors event, 8140 entries, $1,000 fee, $7,280,200 total prize pool. I set the min payout position to be 11% of the field (rounded to 9), which is 900th. I also set the min payout to $2,000.

This results in the following payout structure:
As one can see 1st place paid 50% more than 2nd place, which paid 33% more than 3rd place, which paid 25% more than 4th place, etc.

The structure is less top-heavy, that is the final table represents 27.6% of the prize pool, compared with 34.6% for the 2023 event.

Payouts are roughly the same until about 300, then they get much juicier from there until the final table (or 7th).

Of course 327 fewer places are awarded. The min cash for 2023 event was place 1227, $1,601.

I got an email from Caesars a few weeks ago promoting Diamond and I could have sworn it said that tier match is now only available on new Caesars Rewards accounts. I had previously thought about getting the Wyndham card, but this poured cold water on that idea.

What does "Payouts every flight" mean? It's in the schedule under Gladiators of Poker.

It means you’re in the money if you make day 2.

I’m not 100% sure if you get paid at the end of day 1 or when you bust. I would assume the latter, since they typically calculate the min-cash based on the total prizepool. Of course it would be fairly easy to just pick a number and make those min-cash payouts logistically easier. But that’s a topic for another day.

Got this from them this morning. I show as Diamond so I guess i'm good.

Based on our records, your Caesars Rewards account should be reflecting as Diamond online already. You were on the initial list we submitted for upgrade for this year. If you logged in and you see Diamond status on your Caesars Rewards app, then that's good. Though, we don't have a definitive timeline if that would last the whole calendar year as originally intended. If you don't see your Diamond status now, though, we're still waiting updates for that.

All WSOP events pay the top 15%. But this event plays fast enough that they are down to 5% or less of the field on day 1. If you make the money on day 1, and then bust before bagging, you get paid right away. If you make day 2 or beyond, you don't get paid until after you bust.

Also, there is often a big pay jump between days. Meaning, if you get the max payout of somebody who busts on day 1, that is often quite a bit less money than a person who was the first to bust on day 2. I saw this the first time I played one of these. We were bagging, and they announced that if you bag, you can't reenter later flights. But if you surrender your stack, you will get the current highest payout of that night, and you can then reenter. Somebody at my table chose to do this as they had a very short stack. When we got to day 2, the lowest payout was close to double what that person got when they surrendered. However, the payouts on day 1 are calculated for each flight separately. There may have been other day 1 flights where the last payout of the night was much closer to the first payout from day 2.

This is almost entirely due to whether or not flights end with over or less than 100 players. Because of the fact that in most WSOP events and payout structures, the payouts start escalating for every table at that point, they rise much more rapidly once there are 100 players left. So if you’re in an event where flight A ends with 70 people left, flight B has 130, and flight C has 200, the fact that flight A got through an extra 4 pay jumps is going to make the day 2 mincash much higher for all players.

It’s often important to know if there are ICM considerations at the end of the day for people, so a simple metric to remember when playing later flights is to simply check the number of players who bagged the first flight. If it’s less than 100, busting a short stack in a flip at the end of the night in a later flight is very likely unwise.

When there is multiple starting day 1’s , you can cash on day 1A and either knocked out or if not enough chips to bagged for day 2 , you forfeit and again try Day 1B . And cash again in day 1B and proceed to day 2 or again try Day 1 C .

Thanks for clearing that up, folks. It's more complicated than I thought.

Haven’t been during the series since the move. Is it better to stay at Paris or Horseshoe? Any specific towers better than others like there was at the Rio?

Paris & Horseshoe are connected and tournaments are played at both properties in their respective convention spaces. It's a short walk from one to the other without going outside. For most events, you won't know where your starting table is until you get your seat assignment.

Paris is a nicer hotel, overall, but some rooms are showing their age. Paris has also appropriated one of the Horseshoe towers, refurbished it, and renamed it the Versailles tower. There is supposed to be a new walkway to that tower ready by summer.

Horseshoe (Ballys) isn't a terrible hotel, but it is older and unclear how much attention the rooms have received. I would rate it on par with Flamingo or Harrahs, which is still better than Rio.

The resort tower at HS was refurbished 5 years ago, but I gotta say, I don’t think their maintenance has been up to snuff since it seems like it’s ready for another reno.

Be that as it may, +1 to everything you said here.

Since I have been touting FoundersCard as a great option I also contacted them. Much to my dismay the Diamond upgrade is currently no longer available. If you were a member of FC in Jan 24 your Diamond status should be good until Jan 2025 when Ceasars always reevaluates. This .was my email reply from FOUNDERS CARD.

.Hello XXX

Thank you for reaching out and for the kind words about our phone support team. Regarding the Caesars Rewards Diamond status, I'm sorry to report that we're not currently processing new Caesars upgrades. We have been working with Caesars for about a decade so this was not expected.

We understand this was a valuable benefit, especially for events like the WSOP.

I'm so sorry for any disappointment, but we do have about 500+ Member exclusive benefits as well that I hope you will take advantage of.



Best,
Viktor

I stayed in both Paris and the HS Resort tower last year, and stayed in the Ballys Jubliee tower (now the Paris Versaille tower) the year before. I saw a recent review of the Versailles tower and it noted there was no fridge. I really like having one when I'm there for the WSOP, so that alone would be a deal killer for me.

The one thing I'll add is a comment on walk times and breaks:
With a room in the Horseshoe Resort tower, you can get from any of the ballrooms to your room and back during a 20 minute break, with a few minutes to use your own bathroom, get a quick charge on your phone, have a quick private phone conversation, etc.. If you're in Paris, you can manage it if you're playing in Paris, but if you're in Horseshoe it's going to be tight. I did it on my first break and found that it wasn't worth it, as I just had time to use the toilet before immediately starting the walk back. If you're in the Versailles tower, you can get there and back from the Horseshoe ballroom, but Paris would be super tight.

So if the ability to use your room during breaks is important to you, your best bet is the Horseshoe.

WSOP+ app was used at WSOP Paradise, and you could load it using crypto (to enter tournaments)

Does anyone know if this same system will be used this Summer in Las Vegas?

Using crypto (stablecoins) would be extremely convenient for me.....but I was wondering if there is a different legality of doing this in Nevada as opposed to WSOP Paradise in The Bahamas......

Thanks in advance.

I stayed in the Horseshoe last year and it was fine. Very convenient to be in the same building as the tournaments. No outside walks required. Room rates were decent. Can do cheaper at hte Excalibur or Luxor, but that's a schlep every day back and forth to the Paris/Shoe. The rooms were fine. Not excellent, but fine. use the auto check-in for faster service.

I stayed 3 days at the LUXOR in between two 10 day stays at the Horseshoe (have to break it up to maximize my free nights ) and I will NEVER stay at Luxor again. Parking was TERRIBLE - you could drive thru their garage for 15 minutes trying to find a spot when someone would leave. I thought the Rooms were so so at best and definitely small. I would go back to the RIO before I did the Luxor again.....that says a LOT. Also MGM lowered their Card transfer levels for Caesar's Diamond cardholders to Pearl (it had been Gold). Counter staff at Luxor was actually very understanding and apologetic of the issue they literally told me to park at Mandalay Bay or Excalibur instead and DID wave the resort fee's which was truly appreciated. But I am ONE and done with LUXOR.

You don’t have to leave the property. You can reset the comps by staying two nights at the same hotel, but on the standard rate (or WSOP rate if it’s during that timeframe). You pay more for the room than you would under your “rated” price, and have to pay resort fees. But it certainly beats having to switch hotels, especially for one on the end of the strip.

I believe you are correct if you do it under 3 separate reservations. I am just spoiled and it grates on my cheap axx nature to pay more for 3 days than I am for my first 11 nights or the following 10. Since I have limited comps at MGM or Penn properties and a car anyway I tend to flip hotels (checkout and leave most of my luggage at the Bell area of the Horseshoe) and just take what I need for a couple days. Your point is valid (except I believe I am still exempt from resort fees and get free valet). Depending upon what additional events at other Casinos open up for those 3 days that I might like to play it is entirely possible I will skip the Colossus and get totally out of town and come back to play the Mini Main. That's the fun part of this time of year for me. Spending entirely too much time looking at all of the various events schedules at all the Casino's and determining which events to play and how they all fall in place. Hell I can even crash for a night or two at an old friends house I just hate to impose. It's one big jigsaw puzzle right now and truth be told I relish it.

So I have a follow up question to this please.

I currently have 2 back to back bookings at Paris. 11 night and 11 nights. For the first I got a few comp nights (no idea why as I dont have much history!) and for the second I get messages saying you "already have a booking for this date" so it wont let me book at any reduced rate.

I happened to get the 2nd 11 nights at a decent rate so I am not keen to cancel it. But I can cancel it also if it makes sense.

But If I understand the above posts correctly - I can cancel the second booking. Book a 2 night stay at the end of my first 11 nights (at normal rate) and then I have a chance for additional random comps for a third booking of 9 nights?

Is that right?