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  #21  
Old 06-28-2006, 02:00 PM
Jedster Jedster is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

[ QUOTE ]
Go to the blackjack tables and let it ride twice. In other words, bet the entire 500. If you double it up to a thousand, bet it again and then quit.

If you know basic strategy, you'll only have 1% negative EV. Much better than the 10% rake on a total crapshoot with 1000 starting chips and starting 25-25 blinds.

BTW, the 125ers start with only 800 in chips.

[/ QUOTE ]

Probably baccarat would be better place to do this. If you're dumb enough to do it.
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  #22  
Old 06-28-2006, 02:13 PM
idrinkcoors idrinkcoors is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

[ QUOTE ]
Are you serious? Two shots at the 225 and I have to win one... or some other method which I haven't devised yet.

Is there a better plan for increasing my odds of getting $2k in tourny chips?

[/ QUOTE ]

How about playing (if they still have them), the $50 stt. For $500, you will have 10 shots at these. The final two players in each tourney get a $225 tourney token. By playing 10 of these, you should finish in the top 2 at least 2 times statistically, and probably closer to 4 or 5 based on the low level of play.

You then take those 4 $225 tourney tokens and play 4 of the $225 stts.

Playing 4 of the $225stt, you should be able to chop a top two finish in one of them. Guaranteed? No. But, a chop in only one tourney would give you: 2 $500 tourney tokens and $60 bucks, (not including tipping).

Okay, so now you have $1000 in tourney chips. Save $100 in case you go busto, and have to go back slumming in the $50stts. You have 4 more shots at the $225, or 5 shots at the $175, (which pays 3 $500 tokens at $120 to a non-chopping winner), or even 7 shots at the $125 (2 $500 tokens and $120 to a non-chopping winner).

This is going to be my route. Last year I said screw the grind up and took my shot at the $375 immediately after the first $50 win. Final 4 players equal in chips. I push with my A/K in first position and get called by A/Qo and lose. Sigh.
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  #23  
Old 06-28-2006, 02:23 PM
mlagoo mlagoo is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

idrinkcoors,

that sounds like a pretty solid strategy for sure -- the only problem is that it sounds like it'd take a while =/
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  #24  
Old 06-28-2006, 02:37 PM
idrinkcoors idrinkcoors is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

[ QUOTE ]
idrinkcoors,

that sounds like a pretty solid strategy for sure -- the only problem is that it sounds like it'd take a while =/

[/ QUOTE ]

Yeah, you have to have a couple of days. And I remember they stopped the small buy-in stt's fairly early at night. Nine or 10 p.m?
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  #25  
Old 06-28-2006, 03:01 PM
rageotones rageotones is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

[ QUOTE ]
[ QUOTE ]
idrinkcoors,

that sounds like a pretty solid strategy for sure -- the only problem is that it sounds like it'd take a while =/

[/ QUOTE ]

Yeah, you have to have a couple of days. And I remember they stopped the small buy-in stt's fairly early at night. Nine or 10 p.m?

[/ QUOTE ]

solely based on what i've read thus far, the 65s aren't running at this point(i.e. the lowest stt is 125). this is my understanding thus far, but i'll be there later tonight or tomorrow to confirm for myself.
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  #26  
Old 06-28-2006, 04:32 PM
wezvidz wezvidz is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

Thanks for all the replies.

I had planned on using other money for cash games for most of the time that I wasn't at the Rio trying to satellite or hang out.

Now I'm thinking I may just go that route and avoid the extreme luck and possible throwing away of $225 by sticking to 2/5 at the Bellagio or whatever. See if I can grind it up to $2k and buyin if so.
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  #27  
Old 06-28-2006, 05:53 PM
raptor517 raptor517 is offline
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Default Re: Rio Single Table Satellites

all of the satellites are gigantically +ev if you have any clue about playing with a 10x bb stack. everyone is a turbo idiot. ill go ahead and equate the 1ks to the 11s on party. holla
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  #28  
Old 06-28-2006, 09:23 PM
52s 52s is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

After playing 2 sats last night ($125s, which was the lowest they were running), I came to the conclusion that it would be much easier to make bank by going into the cash games.

As has been mentioned, the competition is weak, but on a short bankroll, running into idiots playing their hands wrong then sucking out on you, or not hitting your monster draw, isn't prudent, which happened both times to me, which was $250 down the drain - a $250 I could turn into $1000 putting in my time at the cash games.
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  #29  
Old 06-28-2006, 09:29 PM
beachbum beachbum is offline
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Default Re: Rio Single Table Satellites

What's a healthy enough bankroll needed for the STT's for 5 weeks? 20 buy-ins? This is assuming you'll take at least half of your profits when up 4 figures to play in an event here and there.
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  #30  
Old 06-28-2006, 10:04 PM
CardSharpCook CardSharpCook is offline
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Default Re: Rio single-table satellites are a pretty bad value, eh?

[ QUOTE ]
As has been mentioned, the competition is weak, but on a short bankroll, running into idiots playing their hands wrong then sucking out on you, or not hitting your monster draw, isn't prudent, which happened both times to me, which was $250 down the drain - a $250 I could turn into $1000 putting in my time at the cash games.

[/ QUOTE ]

You should move up in stakes where they'll respect your bets and raises more.
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