KKsuited 0 Posted March 27, 2006 Share Posted March 27, 2006 Great tournament promotion. $5mil guaranteed prize pool. Then you read the fine print and it says they have the right to change basically anything, including the guaranteed amount. That's lame. So the $5mil is not really guaranteed.No way this thing happens IMO. Stars has the biggest tournaments around and they can only get $1.5mil in their top prize pools on a weekly basis. I think the WCOOP gets a more.Pulling off $5mil is near impossible. It just sounds cool, so people will sign up and play. Then later the $5mil gets changed to $1mil.That's what I'm bett'n on. Link to post Share on other sites
sirch1 0 Posted March 27, 2006 Share Posted March 27, 2006 its just so they can cover their own ***. they dont want to have this thing be a huge failure and have to pay a 4 milllion dollar overlay. i dont know all of the details but it sounds highly unlikely IMO. How many people can put 5k up in an online tournament. that is a lot of money and if you have that kind of money why dont you just got the wsop and play a smaller event where you can play live and get reads on people? Link to post Share on other sites
Lasombra 0 Posted March 27, 2006 Share Posted March 27, 2006 The Swedish online championship will have a 5 million garanteed too. that tourney will be in the fall.the site need 12000 players to break even, so that will be intresting to see if the make Link to post Share on other sites
Bizzle 0 Posted March 27, 2006 Share Posted March 27, 2006 its just so they can cover their own ***. they dont want to have this thing be a huge failure and have to pay a 4 milllion dollar overlay. i dont know all of the details but it sounds highly unlikely IMO. How many people can put 5k up in an online tournament. that is a lot of money and if you have that kind of money why dont you just got the wsop and play a smaller event where you can play live and get reads on people?Your ignorance is astounding. Link to post Share on other sites
Gibbo 0 Posted March 27, 2006 Share Posted March 27, 2006 Itz Riggez. Link to post Share on other sites
KKsuited 0 Posted March 27, 2006 Author Share Posted March 27, 2006 its just so they can cover their own ***. they dont want to have this thing be a huge failure and have to pay a 4 milllion dollar overlay. i dont know all of the details but it sounds highly unlikely IMO. How many people can put 5k up in an online tournament. that is a lot of money and if you have that kind of money why dont you just got the wsop and play a smaller event where you can play live and get reads on people?yep, it's just a big promotion to get people to play. Daniel and the other people have to know the likelihood of $5mil is pretty small. Of course they aren't going to do a $4mil overlay. So they run the promotion, get lots of people playing, make some rake, then later comeback and say, "yeah, the $5mil didn't work out, we will guarantee $875,000." Link to post Share on other sites
Bizzle 0 Posted March 27, 2006 Share Posted March 27, 2006 Blah. You people just don't get it.$5 million = 1000 entrants * $5000. PStars ran satellites for a full week and had a total of 500 people qualify for the mil gtd this weekend, and yet still got a $1.5 pool. If you think that the network can't qualify 600 people in 4 months, you are insane. The other 400+ players will come easily when they see all of the qualifiers.The money in these tournaments comes from satellites, not the direct buys. Link to post Share on other sites
crocd99 0 Posted March 27, 2006 Share Posted March 27, 2006 edit: so ajs510 doesnt have a heart attack....what bizzle says. Link to post Share on other sites
ajs510 122 Posted March 27, 2006 Share Posted March 27, 2006 Wow, way to say *exactly* the same thing Bizzle just did... Link to post Share on other sites
Bizzle 0 Posted March 27, 2006 Share Posted March 27, 2006 Wow, way to say *exactly* the same thing Bizzle just did...To be fair, he did only take 4 minutes to take what I said and change the wording. That should be commended.And yes, I do expect a post from him stating that he hadn't seen my post when he started to post. Shrug. Link to post Share on other sites
CobaltBlue 662 Posted March 27, 2006 Share Posted March 27, 2006 Seems like FCP is likely making enough money to cover overlay if they need to. Link to post Share on other sites
Balloon guy 158 Posted March 27, 2006 Share Posted March 27, 2006 But if satellites are $5 then they need 1 million people, that's alotsw Link to post Share on other sites
Mercury69 3 Posted March 27, 2006 Share Posted March 27, 2006 I'll put up the rest. Link to post Share on other sites
KKsuited 0 Posted March 27, 2006 Author Share Posted March 27, 2006 Yeah, but you guys are discounting the fact that stars runs a ton of sats to get people into their sunday tourneys.That's a lot of freak'n sats starting at $1 (lol) to get people into a tournament. I'd guess 75% of FCP'ers are sitting on a bankroll of between $25-100. It'd be like hitting the lottery for a player like that to win a $5,000 seat.I just think no way in hell, but I'm not going to waste my time arguing about it. Link to post Share on other sites
TheBigB11 0 Posted March 27, 2006 Share Posted March 27, 2006 But if satellites are $5 then they need 1 million people, that's alotswThey would need 1 million if that was the only way to get in, but you can buy-in directly. They will be over the 5 Million mark. Also, "A lot" is two words not one. Link to post Share on other sites
Balloon guy 158 Posted March 27, 2006 Share Posted March 27, 2006 They would need 1 million if that was the only way to get in, but you can buy-in directly. They will be over the 5 Million mark. Also, "A lot" is two words not one.Alot two words...oohhhwhat's sw? Link to post Share on other sites
delphi12 0 Posted March 27, 2006 Share Posted March 27, 2006 Seems like FCP is likely making enough money to cover overlay if they need to.What i think is funny is how daniel made this seem like this tournament was a FCP tournament. I don't know the real numbers, but I'm guessing FCP is one of the skins with the least amount of people on it (my guess is that it goes Pokerroom, Hollywood Poker, BetOnBet and then everyone else). This tournament is actually through the whole pokerroom network and FCP is just a part of that (albeit a small part of it, imo - only because its new and is not promoted as heavily as the others). My guess is they will cover the 5mil, but don't be surprised if they are 10-20 or even 100k off and DO NOT cover the overlay - no way do any of these places like losing money. Its nice they aren't located in the US - you can't say something is guaranteed and then put in small print that it isn't. Thats just false advertising. Link to post Share on other sites
Suited_Up 2 Posted March 27, 2006 Share Posted March 27, 2006 What i think is funny is how daniel made this seem like this tournament was a FCP tournament. I don't know the real numbers, but I'm guessing FCP is one of the skins with the least amount of people on it (my guess is that it goes Pokerroom, Hollywood Poker, BetOnBet and then everyone else). This tournament is actually through the whole pokerroom network and FCP is just a part of that (albeit a small part of it, imo - only because its new and is not promoted as heavily as the others). My guess is they will cover the 5mil, but don't be surprised if they are 10-20 or even 100k off and DO NOT cover the overlay - no way do any of these places like losing money. Its nice they aren't located in the US - you can't say something is guaranteed and then put in small print that it isn't. Thats just false advertising.You're joking right??? Link to post Share on other sites
InertGrudge 0 Posted March 27, 2006 Share Posted March 27, 2006 Yeah, but you guys are discounting the fact that stars runs a ton of sats to get people into their sunday tourneys.That's a lot of freak'n sats starting at $1 (lol) to get people into a tournament. I'd guess 75% of FCP'ers are sitting on a bankroll of between $25-100. It'd be like hitting the lottery for a player like that to win a $5,000 seat.I just think no way in hell, but I'm not going to waste my time arguing about it.This is astoundingly ignorant and stupid.Please, try and substantiate your claim. Show me proof that "75% of FCP'ers" have a bankroll "of between $25-100."You're a doucheclown for even trying to come off as an expert of this site. By the way...do you even realize how satellites work? This is where most Poker sites make their money for big tournaments, especially a site like PokerStars. Instead of having a few people buy directly in, they have a whole lot of people putting up 1/20, 1/10, 1/8 of the buy-in, sometimes numerous times. PokerStars makes an absolute killing in their big tournaments from their satellites. Link to post Share on other sites
NicksDad1970 0 Posted March 27, 2006 Share Posted March 27, 2006 My Br is 300... It's that way every Monday.That's the day I deposit 300 more. Link to post Share on other sites
pokerplayer24 0 Posted March 27, 2006 Share Posted March 27, 2006 Blah. You people just don't get it.$5 million = 1000 entrants * $5000. PStars ran satellites for a full week and had a total of 500 people qualify for the mil gtd this weekend, and yet still got a $1.5 pool. If you think that the network can't qualify 600 people in 4 months, you are insane. The other 400+ players will come easily when they see all of the qualifiers.The money in these tournaments comes from satellites, not the direct buys.PR doesnt have nearly the traffic that stars has. I'd be pretty surprised if more then 50-100 players bought in direct. Also even if PR only needs to have 600 players sat in. Do you think PR is going to satellite 300 players into the WSOP. Cause that will draw much more interest as far as satellites go and is only double the price. Link to post Share on other sites
Bizzle 0 Posted March 27, 2006 Share Posted March 27, 2006 PR doesnt have nearly the traffic that stars has. I'd be pretty surprised if more then 50-100 players bought in direct.Two completely unrelated statements. Anyone who would direct buy into this event on Stars will direct buy into it on FCP.Also even if PR only needs to have 600 players sat in. Do you think PR is going to satellite 300 players into the WSOP. Cause that will draw much more interest as far as satellites go and is only double the price.No idea if/when PR is going to do WSOP sats. I doubt they will offer packages as good as Stars, FT, or Party, so I doubt they will send 300 people. This event itself is exclusive to PR, so it will get traffic.How is this event any different than WPT Aruba? That tournament got a million dollar first prize last year, with no money guaranteed. Link to post Share on other sites
Suited_Up 2 Posted March 27, 2006 Share Posted March 27, 2006 I'd rather win the trip to Barcelona and play in this than the WSOP.Just sayin. Link to post Share on other sites
AceJackOffS 0 Posted March 27, 2006 Share Posted March 27, 2006 how has no one said the most obvious thing yet...the stars tourney only runs satalites for a short period of timethe $5000 buy in starts in september and the sats start this month, that is a long time to make 5 mil. they will cover it easily. Link to post Share on other sites
delphi12 0 Posted March 27, 2006 Share Posted March 27, 2006 You're joking right???absolutely not.. Thats why they put the asterisk on it and said they could (and imo WILL) change the amount. Link to post Share on other sites
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