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#1
10-13-2007, 12:51 PM
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Re: Stars has STEPS SNGs to the PCA
[ QUOTE ]
Be warned that any steps type tournament where rake is taken at every step generates a tremendous amount of rake, so while step 1 is advertised as $7 + 0.5 it is really a $4.55 + 2.95 tournament. 8,257 players pay $7.50 or $61,927 that is distributed as 3 12k packages and $1,606 to the 4th place finishers in step 1, while Stars keep the remaining 24k. That said, I will probably use some FPP to play some step 1’s anyway. Chris [/ QUOTE ] But playing step 1st's with FPP's is an awful deal... $7.50/500FPP = 1.5 cents/FPP You are way better off multitabling the 70FPP's... 
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#3
10-13-2007, 01:33 PM
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Re: Stars has STEPS SNGs to the PCA
[ QUOTE ]
The 500FPPs are full of awful players. I'd say their actual value is $13.5/500FPP [/ QUOTE ] LOL, Good point. I still can't believe they're worse than the 70FPP players... I routinely see 3 players (out of 10) left and the blinds have just changed to 50/100....
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#4
10-13-2007, 10:12 PM
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Re: Stars has STEPS SNGs to the PCA
[ QUOTE ]
Be warned that any steps type tournament where rake is taken at every step generates a tremendous amount of rake, so while step 1 is advertised as $7 + 0.5 it is really a $4.55 + 2.95 tournament. 8,257 players pay $7.50 or $61,927 that is distributed as 3 12k packages and $1,606 to the 4th place finishers in step 1, while Stars keep the remaining 24k. That said, I will probably use some FPP to play some step 1’s anyway. Chris [/ QUOTE ] Isn't the rake even higher then this since you get people being recycled back to the same and lower levels? Of course the same arguement could be made for people who play any sats or take shots at higher tourneys with winnings from lower buy in events (since they pay more rake then people who buy in directly to a tourney) of course the softness of the sats should make up for a large percentage of the additonal rake...
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#5
10-14-2007, 04:23 AM
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Re: Stars has STEPS SNGs to the PCA
[ QUOTE ]
[ QUOTE ] Be warned that any steps type tournament where rake is taken at every step generates a tremendous amount of rake, so while step 1 is advertised as $7 + 0.5 it is really a $4.55 + 2.95 tournament. 8,257 players pay $7.50 or $61,927 that is distributed as 3 12k packages and $1,606 to the 4th place finishers in step 1, while Stars keep the remaining 24k. That said, I will probably use some FPP to play some step 1’s anyway. Chris [/ QUOTE ] Isn't the rake even higher then this since you get people being recycled back to the same and lower levels? Of course the same arguement could be made for people who play any sats or take shots at higher tourneys with winnings from lower buy in events (since they pay more rake then people who buy in directly to a tourney) of course the softness of the sats should make up for a large percentage of the additonal rake... [/ QUOTE ] This effect is included in the calculations so for every final level 6 game there has to be 1071 level 1 games with 9639 players, 1071 have tickets from level 6, 310.5 have tickets from level 2 and 8257.5 buy in directly. Stars doesn’t have to collect rake on every level, Primas Rounders system is a good example that takes 10% rake irrespective if you enter on the first level or the last. Chris
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#7
10-19-2007, 05:06 PM
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Re: Stars has STEPS SNGs to the PCA
I'm waiting on 1 table step 6's and I think a lot of other players are too. Not to beat down who ever came up with the step system but making step 6 two tables was a horrible idea.
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