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Old 11-01-2007, 09:27 AM
McMelchior McMelchior is offline
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Join Date: May 2003
Location: WINNING #%$! flips ... OK?
Posts: 1,152
Default Re: Can this structure be beaten on a consistant basis?

[ QUOTE ]
Buy-in, $60 gets you t4000, rake 25% of buyin
Dealer Add-on $10 gets you t1000, rake 50% of add-on


[/ QUOTE ]
I still think you guys are getting it wrong.

The way I read it:

Out of the $60 entry fee the house keeps 25% = $15; $45 goes to prize pool

Out of the $10 add-on fee the house keeps 50% = $5. $5 goes to prize pool.

Total fee paid $70, house keeps $20, $50 goes to prizes.

So the tournament is effectively $50 + $20. That's a 40% vig.
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