I was curious if the structure for this event is similar to other quantum tournaments at other venues. Here is the structure:
http://www.hustlercasino.com/wp-cont...SOP_Event7.pdf
Here are the 2 buyin levels:
$375 is $325 towards the buy-in, $35 entry fee, $15 service charge. $2,900 is $2,700 towards the buy-in, $200 entry fee.
so, for $325 in the prize pool, you get 20,000 chips, or 61.5 chips per $1.
for $2700 in the prize pool, you get 250,000 chips, or 92.6 chips per $1.
This seems really off to me, that the day 2 entries get 50% more chips per dollar than the day 1 entries. Is this some sort of fluke in this one event, or is this typical of all the quantum events? If it is typical, then clearly it is pretty hugely -EV to ever enter day 1 of these events.
If you are there or going there, I'm also curious if they are offering satellites into this event? Pretty funny if you can pay something like $320-340 with 1 in 10 winning a $2900 seat directly into day 2. Obviously that's a way better deal than entering day 1 and paying $375 for effectively the same thing.
Thanks, Greg Raymer (FossilMan)