WPT Choctaw: July 16 - August 4 - Page 23 - WSOP and Tournament Circut

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WPT Choctaw: July 16 - August 4

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07-20-2015 , 03:56 PM

#551

HITTHEPANDA

veteran

Join Date: Jan 2008 Posts: 2,179

hi, was trying to find out best hotel options close to the casino, is there a poker rate for the casino resort?

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07-20-2015 , 03:56 PM

#552

JennD

grinder

Join Date: Jan 2011 Posts: 438

Quote:

Originally Posted by dauntlessone

Only caution is that you should not valet park at this casino. 1 hour 15 min for my gf to get my truck from valet Sunday morning and we weren't the only ones waiting similar timeframe. (I gave up waiting 30 minutes in as my tournament was restarting)

I used valet twice this trip, and several times in the past. Have always had my car within 5-10 minutes tops. I'm guessing this was an unfortunate fluke with the weekend checkout crowd. That's definitely an unacceptable amount of time to wait. I had to wait 45 minutes at the Venetian once and was seething by the time my car arrived. I can only imagine how mad you gf was by the end.

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07-20-2015 , 04:07 PM

#553

KegNog

grinder

Join Date: Mar 2004 Posts: 512

I've never played a rebuy event, could somebody explain this to me...in a rebuy trny, the payout field is defined not by the number of PEOPLE in the trny but rather the number of entries purchased? In other words, if 100 people play a trny and each buy in 10 total times, the trny is considered to be 1000 entrants instead of 100?! And at 5% payout, 50 people would be paid (HALF of the actual number of people playing in the field?)?

I'm confused for the reason why the prize pool wouldn't just increase while still paying 10% of the REGISTERED PEOPLE (100) vs purchased entrants (1000) and pay 10 total spots?

Last edited by KegNog; 07-20-2015 at 04:16 PM.

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07-20-2015 , 04:22 PM

#554

bigtex21

Pooh-Bah

Join Date: Sep 2009 Posts: 5,900

Quote:

Originally Posted by HITTHEPANDA

hi, was trying to find out best hotel options close to the casino, is there a poker rate for the casino resort?

Poker rate is $99+ and code is WPT14 however there are many hotels 4 miles away in Durant with shuttles to the casino and pricelines secret hotel is Comfort Inn at about $50 a night, normally it is about $85.

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07-20-2015 , 04:25 PM

#555

bigtex21

Pooh-Bah

Join Date: Sep 2009 Posts: 5,900

Quote:

Originally Posted by dauntlessone

Props to all the event planners and staff for the 200k guaranteed. Very well organized and executed. Finished 126th with two bullets invested.

Only caution is that you should not valet park at this casino. 1 hour 15 min for my gf to get my truck from valet Sunday morning and we weren't the only ones waiting similar timeframe. (I gave up waiting 30 minutes in as my tournament was restarting)

I have used the valet 4-5 times since last Thursday and never waited more than 10-15 minutes, must have been a busy time for them.

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07-20-2015 , 04:34 PM

#556

dauntlessone

journeyman

Join Date: Mar 2010 Posts: 289

Quote:

Originally Posted by KegNog

Rebuy events are almost extinct. In a true rebuy they only count number of entrants, not number of rebuys for payout %. Each rebuy goes straight to the prize pool.

The 200k was not a rebuy event, but was a re-entry event. Each entry counts as a new player. Operators prefer these as they get rake every time someone re-enters.

The number of flights and re-entry availability is why they elected to pay out 5% of the field rather than the typical 10%. Opinions differ, but I like this payout structure for this tournament type.

Hopefully this answers your question.

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07-20-2015 , 04:35 PM

#557

bigtex21

Pooh-Bah

Join Date: Sep 2009 Posts: 5,900

Quote:

Originally Posted by KegNog

It is based the number of entries, not unique players. If you did players many things would be wrong: the prize pool $ would be wrong, the total number of chips in play would be wrong among other things. In this last tourney there were 5,000 entries but only about 2250 unique players and it paid 252 spots actually about 11% of the unique field.

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07-20-2015 , 09:46 PM

#558

HunterBornLucky

centurion

Join Date: Mar 2008 Posts: 133

Quote:

Originally Posted by bigtex21

That's a good point. There were a lot of people bitching about the fact that only 5% of the field was being paid. When, in reality, 10%-11% of the actual players entered were paid in the $200k GTD. But I cashed so I'm not bitching, whooooop.

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07-20-2015 , 10:21 PM

#559

sirio11

Pooh-Bah

Join Date: Aug 2003 Posts: 5,390

Quote:

Originally Posted by bigtex21

Yes you can buy into any tourney with a credit or debit card but there is a sign that says it might be classified as a cash advance transaction depending on how your bank processes it.

Are there any success stories using credit card and not being classified as cash advance?

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07-20-2015 , 10:38 PM

#560

jthatcher

newbie

Join Date: Jun 2009 Posts: 49

I know they were paying 5% in the 200k but why are they also doing that in the 500k? Wtf mates.

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07-20-2015 , 10:44 PM

#561

bigtex21

Pooh-Bah

Join Date: Sep 2009 Posts: 5,900

Quote:

Originally Posted by sirio11

Are there any success stories using credit card and not being classified as cash advance?

Yes I have had a couple of players tell me that they received no cash advance fees but a couple have told me they were charged cash advance fees so I can't say which way it is going. A coin flip maybe.

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07-20-2015 , 10:48 PM

#562

bigtex21

Pooh-Bah

Join Date: Sep 2009 Posts: 5,900

Quote:

Originally Posted by jthatcher

I know they were paying 5% in the 200k but why are they also doing that in the 500k? Wtf mates.

The 5% will be used in the 500K but remember in the 200K 11% of the actual field got payed. About 2250 actual players and they paid 11% of actual field. Same reasoning as the 200K the TD wants a mini cash to be more than a couple of buy ins as it kinda of sucks to cash and still lose money and this formula sees that 5% or more of the actual players get paid.

Last edited by bigtex21; 07-20-2015 at 10:57 PM.

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07-20-2015 , 11:02 PM

#563

winwin

grinder

Join Date: Mar 2007 Posts: 495

Quote:

Originally Posted by bigtex21

Perhaps debit=no fees, credit=fees?

Anyway, if Jimmy or some other official could try figuring this out that'd be amazing. Would make a big difference on how lots of us prepare with trips to the bank and what not.

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07-20-2015 , 11:19 PM

#564

jazzinitup

enthusiast

Join Date: Jun 2010 Posts: 52

Quote:

Originally Posted by winwin

fwiw, I've used my cc (cap1) in the past at Choctaw for WSOPc and it was charged as a regular charge, not a cash advance.

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07-20-2015 , 11:24 PM

#565

Tex_Shamrock

journeyman

Join Date: May 2008 Posts: 288

Quote:

Originally Posted by winwin

There's actually nothing for Jimmy to figure out. It's solely dependent on how your bank processes it. The disclaimer is there because Choctaw has no control over how your financial institution processes transactions. So they are saying "may result in cash advance fees depending on your bank".

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07-20-2015 , 11:26 PM

#566

Tex_Shamrock

journeyman

Join Date: May 2008 Posts: 288

I use BBVA Compass and can attest they do not charge cash advance fees.

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07-20-2015 , 11:48 PM

#567

winwin

grinder

Join Date: Mar 2007 Posts: 495

Quote:

Originally Posted by Tex_Shamrock

derp, forgot that had been mentioned in the first place.

Apologies for cluttering the thread. Have just never seen this in a casino before so trying to figure out what to expect. My bank is pretty laxxed with fees in general so gonna guess I'll be good.

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07-21-2015 , 04:13 AM

#568

JeremyTimmons

centurion

Join Date: Aug 2009 Posts: 123

Does anyone know what games are in the 4-8 mix going on?

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07-21-2015 , 06:11 AM

#569

Zima421

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 18,973

anyone have a contact with a host at the casino? Have a friend who might be coming with me, and he plays casino games and would like to try and get some rooms at the casino/figure out betting limits etc.

ty for any help

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07-21-2015 , 08:43 AM

#570

Bigl00z3r

newbie

Join Date: Jul 2009 Posts: 35

You'll incur cash advance fees for using a credit card vs a debit card that's linked directly to your bank account. Credit cards are meant to be charge cards. Choctaw processes the charges as if you were withdrawing cash from the cards (aka cash advance) which is why you're charged a cash advance fee. This would be the same thing as withdrawing cash from your cc at an atm machine or a cage in the casino. The interest rate on the cash advances is usually much much higher than the normal charge rate as well and usually start incurring interest immediately (vs the normal grace period most cc have).

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07-21-2015 , 09:48 AM

#571

Rbivers

newbie

Join Date: Jan 2012 Posts: 42

Any guesses on an over/under for this weekend?

200k basically doubled in entries from January

Expect the $500K to increase to maybe 6,000?

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07-21-2015 , 10:16 AM

#572

seiken_nick

adept

Join Date: Aug 2011 Posts: 701

Quote:

Originally Posted by Rbivers

Any guesses on an over/under for this weekend?

200k basically doubled in entries from January

Expect the $500K to increase to maybe 6,000?

I would guess around 2,900 runners

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07-21-2015 , 10:18 AM

#573

seiken_nick

adept

Join Date: Aug 2011 Posts: 701

Just wanted to mention that I though it was odd that on poker executives, I was listed twice as cashing in the 200k, and also listed as being from New Mexico when I am from dfw. Not a big deal on either, just though it was odd.

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07-21-2015 , 10:34 AM

#574

Rbivers

newbie

Join Date: Jan 2012 Posts: 42

Quote:

Originally Posted by seiken_nick

I would guess around 2,900 runners

Seems a little low to me, think the 5% payout scale will drag attendance down that much from January?

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07-21-2015 , 11:00 AM

#575

seiken_nick

adept

Join Date: Aug 2011 Posts: 701

Quote:

Originally Posted by Rbivers

Seems a little low to me, think the 5% payout scale will drag attendance down that much from January?

I think the wsop name makes people go crazy and draws a lot. But wpt is a big name too, so hopefully it's more. I would say less than the 200k gtd, but hope wrong. See you all saturday!

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