"It smells the fake."

You've had nothing but negative things to say about the MGM series. I'm not understanding where your negativity is stemming from. We have a new, extended series coming onboard to join the other annual series, with lots of options and game varieties to choose from; yet, here you are complaining. You're overly preoccupied with the officiality of the schedule. You're not going out to LV exclusively for this series, so what does it matter? If you were, and had to schedule your air travel and hotels around a specific schedule of events, then maybe you would have an argument. But you're not, and this is just another option for you to play while you're there for other series.

Haha true. For all we know, upper management could go to the poker room manager and say "WTF are you thinking lol Drawmaha" and cancel the whole thing. Then they'll go back to $100 NLHE tournaments with $1500 guaranteed (seriously only 1500?) and 1/2 cash games.

It seems like the MGM Grand will run from May 15th to July 17th but the schedule has only been posted until May 27th. Hopefully they release the rest of the schedule soon.
The events look creative. I hope players support these events.

At the MGM grand series but also any series in general, are rebuys and add-ons raked the same as your intial entry? For example for the MGM grand warm up it says out of the $100 intial entry, $25 is taken out as rake, however I don't see anything about rake on rebuys for the unlimited rebuys or the basically mandatory add on of twice starting stack. I assume it's obvious whether they are raked or not to pros but I have no idea. If it ended up being effective $25 rake for the $200 after add on that's not too bad, but $50 rake for effective $200 buy in after add on seems basically unwinnable.

Rebuys and add-ons are typically raked the same as the initial buyin. This is the primary reason why most poker rooms offer rebuys, to boost their revenues. So the warmup has a 25% rake overall, which yes, does put it in the almost unbeatable category, but not completely unbeatable. An easy way to know if a tournament rake is beatable is to carefully track your ROI. For example, if you paid $10,000 in tournament fees in 2022 and turned a profit of $3,100, your ROI is 31%, which means playing a tournament with a rake of 25% is slightly beatable for you, but may not be the case for other players whose ROI is under 25%. This also shows how important the decision is to rebuy in a tournament, as that effectively halves your expected ROI in the long-term.

This isn’t true. Re-entries are typically raked. Rebuys and addons are typically not. Most poker rooms no longer have rebuys.

Assuming we are talking about buying into multiple day 1s… how is this any different than buying in once to two different tournaments which have the same structure?

Just got my answer. Everything is indeed raked at the same 26.5%. (1.5% additional for "torunament of champions") making this tourey and likely the entirety of the MGM grand series the worst deal in town. Not to mention they didn't even bother coming up with any sort of trophy or cool prize for any of the winners.

this math is totally jacked if you aren't accounting for the rake % in those 2022 tourneys.

you can't extrapolate a $25 rake on a $100 tourney to assume that their $500+ events will all have high percentage rakes also.

$25 on a $100 is pretty typical. You'll see the same thing at any daily tournament. $60+$20 for a Bally's 4pm daily tourney, sort of thing. They just can't run them any cheaper than about $20 or $25 per person, even if that means the percentages are high.

But once the overall price goes up, the rake doesn't scale up equally, so the percentage keeps getting better the higher the buyin.

The structure sheets say MGM Grand is taking 75 out of a 500 buy-in.

Where is the tournament area at MGM - expanded poker room area or convention hall?

that's the same 15% rate as wsop75 from 500 and Venetian taking out 90 from 600.

Yes I absolutely understand this, but they are effectively taking at least 25% $50/ $200 rake, because the add on is for all intents and purposes required if you make it that far in (30k buy in, 60k add on). Not to mention the raked REBUYS (not reentry), where the busted out player simply hands a $100 to the dealer for a new stack and is raked away another $25. Through 4/6 flights they got 410 entries, 370 rebuys, 228 add ons which is $100,800 paid in by 410 players for a $74,466 ie. $245.85 per player for a prizepool of only $181.24 per player.
Another reason I don't mind rake so much at most smaller buy in places in Las Vegas is that the poker rooms are actually NICE and enjoyable ie. TVs, nice seats, tables, drinks, etc. Most also have good social media and some sort of winner merch (ie. small trophy and your picture taken) which sounds small but means a lot to me as a rech.

The MGM poker "room" is the worst I've come across in Las Vegas. They just fenced off a spot in the middle of the casino (I guess somewhat in front of the standard poker room) with flimsy tables and chairs in what seems like the darkest, smelliest, and loudest part of the casino they could find.

Looks like casino floor in front of poker room
https://mobile.twitter.com/VegasJDub...055105/photo/2

Are there structure sheets posted anywhere for the complete series, other than just to late May?
Getting a little late in the game not to have that info.

Yea so sorry I didn't use the exact lingo. When most people reference rebuys, they in fact mean you are literally buying back into the tournament, whether that means you're rebuying and staying in the same seat, or re-entering and end up in a different seat.

Yes, most poker rooms have done away with rebuys because they aren't getting additional house fees from those buyins, hence why everything is re-entry now.

Right, but re-entry and rebuy are two different things, though I agree more and more people say "rebuy" when they mean "re-entry" since so few tourneys are legit rebuys.

Strategy for the two are definitely different though so it's not just pedantic semantics.

Incorrect. The MGM structure sheets tell you what's going to the prize pool--but their definition of "prize pool" is deceitful. This is what the Grand $500 structure sheet for 5/30 says:

Obviously, they just copied the 300 structure sheet and didn't update it, which means we have no idea what the rake is for the $500. But it gets better. here's the next line:

So, you can't just take them at their word for what's going to the prize pool, you have to jump through some math hoops to determine how much the prize pool for each tournament they have is. Granted, for the $300 that's just $4 per entry, and that $4 is going to ultimately be in a prize pool for an as yet unexplained event, but its not nothing and they tried to make it easy to miss.

Here's the site with schedule and structure sheets on their site, which again, only include tournaments up to 5/30:

https://mgmgrand.mgmresorts.com/en/c...er-tables.html

July 17 at 2pm, Event 173, $173k guaranteed, must win an event to qualify

how much more explanation do you need?

A link to an MGM site that verifies what some rando shill on the internet claims.

Has anyone seen a schedule FROM the MGM that goes past the end of May? I only see a schedule up until May 27th on their site.
If so, can you post a link. Hope that they have been getting a good turn out and will continue their series.

https://www.vegasmixedgame.com/mgm.html

Thank you. I appreciate your response but was looking for something official from the MGM. I hope this schedule is accurate. I will be in LV June 21-26 and would play in the PLO/8 - O/8 - Big O and Big O events.
I saw a tentative similar schedule to this posted weeks ago that also had a Super Stud 8 event (dealt 4 cards face down to start, throw 1 and flip 1 over then played as stud 8). It seems to be removed from this schedule. I prefer mixed games and the $500-$600 price point is perfect for me.

Currently the Sahara is offering a mix of tournaments ranging from $60 buy-ins with single rebuy/add-on to $120 PLO and Freezeouts, $150 bounties, and even an Omaha8/Stud8 tournament. They have tournaments everyday at 12 pm and 7pm, with Sundays being 11am instead of noon. Cash games currently have a reduced rake from 2-8pm on Monday Tuesday and Thursday, they are taking only $2 house and $2 jackpot during those times.

The atmosphere is great, the dealers are solid, and the games are exciting. Call the room if you are interested in playing a 2-3 NLH deepstack wednesday nights, minimum buy-in is $600 and there is no cap. Currently the rake for that game is only $5/player/half hour. can't beat the rake!!!