FLORIDA ALLOWING POKER GAME STAKES TO BE RAISED IN JULY!

[dag221]

The current tourney structure at the 360 player tournament in Jacksonville is -

$45 buy in
Top 20 get paid ( 10-11 get paid very poorly..actually 5th thru 20th get paid poorly)
18 min. levels
25/50 starting blinds
Starting chips are either 2500 or 3000..I swear I can't remember because I dont' play them very often.

It is a crap shoot because you don't have enough chips to play a decent number of hands without committing all of them at some point early. The tournament structure is more important to me than the actual buy-in amount but I hear almost no one at the Poker Room complaining about anything except the the buy-in being too low.

I swear the other day I saw the payout schedule of a tournament there and first place in the tourney paid LESS than the house take. Usually the house makes more money than the person in second gets but this time the house actually came out on top.

[dozer]

Anyone else remember the original payout structure to the Dania $5k guaranteed tourneys? First prize was $5000, second through 28th got $50. Nice. They've since changed the structure.

But yeah, the poker structure down here stinks. It would be interesting if a room actually eschewed the high rake and built a "player's tourney" once a week. Could be popular, and it would attract a lot of people to playing at that particular room.

[Russ M.]

Holy [censored] that's brutal.

Last tourney I entered at the Jax Poker Room was when I didn't bother to check the payouts beforehand. 170-180 people entered, top 5 paid. I think the payouts were like 45-25-15-10-5 or something. Unfortunately there seems to be an endless supply of idiots who happily fork over $45 over and over again playing these things. It's just wishful thinking that they'd actually develop an actual structure that's player-friendly.

[BigRed1]

They run the "360" once a month (but it is only 359 players due to the stud tables).
And its 11 handed till you get down to 8 tables.

Its 3000 chips to start.
payouts are this
1st - $5000
2nd - $2000
3rd - $1000
4th - $800
5th - $500
6th - $405
7th - $302
8th - $274
9th - $217
10th to 20th - $90

House take based on 359 players - $4667

This tourny runs about 8 hours....

[dag221]

I prefered the old Saturday 120 person tournament structure at the Jax room. They only paid 5 places but the money was very good. I don't really care about finishing 14th and getting my money back. I would rather take a shot at finishing in the top five and getting a nice payday. I once finished second in that tourney and won as much money as the person who won the Sunday tournament that pays 15-20 places deep. Now both the Saturday and Sunday tourney have pretty much the same payout structure the Saturday being 120 players and the Sunday being 150 players.

And yes the single most infuriating thing to me was play 11 handed for HOURS in the monthly 360 touraments ...even when they had lost enough people and had the dealers and tables to play 10 handed they wouldn't.
That would cut into their ability to run non stop turbos and double shootouts.Once they get your money they stopped caring anything about running the tournament properly. Thats pretty much when I just gave up those things.

[naplesplayer]

Gov has the bill. 14 days to go .hope for no veto

[Fishhead24]

It truly is amazing all the players that fork over 45 bucks to play in these horrible, horrible tournaments. A tourney with a 29% rake and 18 minute blind structures(which really is made worse by the fact many think they are poker stars on TV and debate some hands for a minute). I play at DERBY LANE in St. Pete often and hardly a quarter of an hour ever goes by when somebody is ripping the 1-2 LIMIT game when in theory it is much more beatable than the stupid tourneys they run. Granted, 1-2 limit is not really true poker, but it does give one a better chance to win then playing a 29% raked tourney with quick structures.

[Fishhead24]

By the way, everyone believes this be passed into law on July 1st. Please note, this is far from being a lock.

-FH-

[Atomic]

It is not only poker players that want an increse in poker limits. Many people will benefit from an increased limit and the expected increase in total rake. The state will see an increase in revenue. Local governments with a parimutuel facility within their jurisdiction will see an increase in revenue. The horsemen and dog owners will see an increse in purses and awards. How else would Derby Lane be able to run a $1,000,000 race without a percentage of the poker rake being added to purses and awards?

With many groups benefiting from an incresed poker limit and by the margins that the bill passed both houses (senate 29-10, house 77-38) I don't think Crist is considering a veto. He might let it become law without his signature but he shouldn't veto it.

[Fishhead24]

Knowing DERBY LANE the way I do, even if this is passed, they will find a way to screw it up for the players. The one good thing about this is that it will stir competition from other venues such as TAMPA DOWNS, HARD ROCK, and TAMPA GREYHOUND. Been playing on the boat recently anyway and they offer no limit, 10-20, and other higher limit games..........plus one gets treated with comps.