Plaza will host the largest poker tournament of the year

[Arsene Lupin III]

[ QUOTE ]
Negreneau finished 2nd in the PPM III cruise last year. This year he didn't even play in it.
Why?? Because he didn't feel like it.
This isn't exactly rocket-science.

[/ QUOTE ]

He was playing the wsop circuit event at the rio.

[ QUOTE ]
What a silly thread.

[/ QUOTE ]

Indeed it sucks.

We've had, in increasing order of silliness:

- a flawed golf analogy (there is no dealer in golf, everyone is placed in the same situations of skill equity at every hole, excepting wind:

[ QUOTE ]
My point that Tiger would prefer to play the US Open than hustle a CEO?

[/ QUOTE ]

He would get a lot of endorsements if he just played CEOs. And he'd be really famous, too. Have you ever read his contracts? Do you know for a fact that he is NOT required by his sponsors to play a certain number of specific events every year?

-suggestions for hormone therapy


- Then there's this zinger from Leo, in a discussion about a single $50,000 tourney:

[ QUOTE ]
Results mean nothing?? What a load of garbage. ... Results DO matter. Maybe not for one tournament at a time"

[/ QUOTE ]

Think about it this way.. How many times do you expect to cash in this tourney regardless of your place? Even being slightly +EV, the vast majority of times you play you will leave with $50,000 less than you had at the outset. It may be hard for you to realize it, but this is a significant amount of money no matter what greg's bankroll is.

It's not like when you play.. say... 5% of YOUR bankroll in a $5+1 sng on party. $50,000 can buy 5 kias. $6 can get you a 5 course meal-- at wendy's.

The "big picture" does not exist for $50,000 tournaments. You will never play 1000 of these. You will most likely never play 100. Why? There will never be that many.

BTW, anyone wanna lay an over/under on entrants?

[KDawg]

[ QUOTE ]

BTW, anyone wanna lay an over/under on entrants?

[/ QUOTE ]


I think the better question is, will they have to cancel the tourny. There has been absolutley no talk about this tourny or series at all. NOt to mention why would Greg play in this tourny or the Plaza's 10K buy-in when the WPT is going to be haivng a taping around teh same time at teh Mirage. Hmmmm, what would be smarter, play in a tournament that nobody cares or talks about, or teh chance to play in a big tourny with the chance at a WPT title

[MicroBob]

[ QUOTE ]
$6 can get you a 5 course meal-- at wendy's

[/ QUOTE ]


i'll have the chili, a baked potato, small fries, side-salad, a Frosty, and a junior-bacon chesseburger.

I like to pour the chili over the baked-potato.
Yum.

[Leonardo]

Multiply 50,000 by 20. The answer is 1 mill. I think it's fair to assume Greg has more than that. It's less than 5%. As for the another post about the reason for a post like mine, its simple. I can't fathom people doing things solely for money. And in response to Gregs statement about being a genius, you dont need to be a genius to be right about something when 20 odd people think you are wrong. The disagreement is largely about a subjective matter anyway. But you are right about one thing, it is your money, you can do with it what you like. Its just a shame that you are only capable of thinking about EV coming from money, when value can come from many other sources. Yours is a sad, sad existence.

[Leonardo]

If Phil Ivey was to play 9 random players in a structure where they played one satellite per day that lasted four hours and called the winner he who finished highest on average, I think he wins more than 4 in ten. The reason tiger wins often when at the top of his game is that 4 days of play allows skill to rise to the top. It doesnt mean luck doesnt exist from day to day.

[Greg (FossilMan)]

[ QUOTE ]
Yours is a sad, sad existence.

[/ QUOTE ]

You have to admit, that's subjective as well. If I weren't so lazy (now that's the sad part), I'd set up a poll, and we'd found out which of us got the most votes as leading a sad existence, based upon this thread.

Later, Greg Raymer (FossilMan)

[Arsene Lupin III]

[ QUOTE ]
Multiply 50,000 by 20. The answer is 1 mill. I think it's fair to assume Greg has more than that. It's less than 5%.
Its just a shame that you are only capable of thinking about EV coming from money, when value can come from many other sources. Yours is a sad, sad existence.

[/ QUOTE ]

What percentage of his bankroll the entry comprises is irrelevant. It's a lot of money. Money that Greg would clearly enjoy spending elsewhere or investing for the sake of his family. I assume you don't have a wife and kids yourself, and if so, I'm amazed you can reach such conclusions about how happy Greg is. He seems rather down-to-earth and content to me. You, on the other hand, seem to be merely capable of putting people down on internet forums.

[the alex]

Fossilman,
I moderate another poker forum, so I don't have the time to contribute much here, Mr. Raymer, but if I haven't already congradulated you, I must do so. To win in a field like that requires a ton of luck, but even more skill, patience, and discipline. I know you've been attempting to improve your Omaha game over the last year, could you post some results or thoughts on your play in a different thread?

Just a little curious.

Leonardo,
Who cares whether he plays or not? EV is dependent on constants and there is no constant $50k buy-in tournament. Fossilman not playing isn't like Randy Moss walking off the field. He owes us nothing. He owes you nothing. He has no boss to owe either. He's a family man that plays poker for a living.

POKER PLAYERS ARE NOT ATHLETES!!!! This is where you sound like a damn moron. You're comparing a poker player to athletes? Notice that Raymer said that he'd play if it were televised. Not because he wants to be on television, but because Poker Stars will sponsor him and he is guaranteed money.

Phil Ivey is one of the best poker players around right now and the only two big tournaments in which there wasn't a huge cash game on the side were the American Poker Championship in which he won and a WPT even where he made the final table. He's known for working early and tankin' chips to hit the cash game. That's a little ridiculous, but WHO CARES?!!!! It's their money. Let them do what they want with it and when you win $5M in a tournament, you can play all 1 of the annual $50k tournamenT you want to.

I'd put you on my ignore list, Leo, but you're so stupid that you amuse me.

-Alex

[KDawg]

[ QUOTE ]
[ QUOTE ]
Yours is a sad, sad existence.

[/ QUOTE ]

You have to admit, that's subjective as well. If I weren't so lazy (now that's the sad part), I'd set up a poll, and we'd found out which of us got the most votes as leading a sad existence, based upon this thread.

Later, Greg Raymer (FossilMan)

[/ QUOTE ]

yeah it must really suck to be you Greg. I mean really, you won the WSOP and won it with the biggest field and biggest prize in history. Boy I really want to be Leanardo right now, don't you

[West]

To reiterate what others have suggested, 50k is probably not an insignificant amount of money to Greg. And if your example of an avg loss of 5k were correct, you still have to remember that the most likely result is a 50k loss, not a 5k loss. Even if I had exactly a million dollars in savings, I sure wouldn't be in a rush to risk it 50k at a time.

Comparing this particular tournament to the US Open or the Masters in golf is silly, because if it is a new tourney, it currently has zero prestige.