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-   -   Venetian CEO Poker Tournament Main Event Furor (http://archives1.twoplustwo.com/showthread.php?t=447461)

ceopoker1 07-19-2007 08:14 PM

Re: Venetian CEO Poker Tournament Main Event Furor
 
Additionally regarding the $5000 main event, that is not correct the juice was not 18%. Please read below, this is a copy of a thread that I posted to a similar concern..........

I wanted to respond regarding the Taj Event where you stated that $70,000 was missing. This is not correct and let me explain why.

There was an error in the number of players stated on the website, our apologies.

May 23rd - 62 players, previously stated 77.
May 24th - 32 players, previously state 45.

This can be easily verified by the casino.

We have made the correction and stated on the website that a correction was made, so everyone is aware that the original numbers were not correct.

You can verify this just by looking at the number of players paid. Usually about 10% of the player get paid.

May 23rd - 6 players paid.
May 24th - 5 players paid.

Hope this clears up these tournaments. I will send an email to Card Player and Bluff to update those tournament numbers.

Regards
Maria
CEO POKER

Dranoel 07-19-2007 08:17 PM

Re: Venetian CEO Poker Tournament Main Event Furor
 
[ QUOTE ]
While I agree that this thread would have been more appropriate, Maria posted her letter in the other thread and that is where Mason responded so it seems like that has transitioned to the main thread on their deceitful actions.

Regardless, we don't need 2 threads running on the same topic and that one seems to have taken the lead

[/ QUOTE ]

I agree.

It needs to be in just one thread. Nice, clean, and not double-posting in both threads.

If we are double-posting, then it's time to lock a thread.

David LoPan 07-20-2007 12:35 AM

Re: Venetian CEO Poker Tournament Main Event Furor
 
new developments in PPA & CEO thread

has exciting implications

stickdude 07-20-2007 12:40 AM

Re: Venetian CEO Poker Tournament Main Event Furor
 
[ QUOTE ]
new developments in PPA & CEO thread

has exciting implications

[/ QUOTE ]

Here's a hint - http://en.wikipedia.org/wiki/Astroturfing

doublejoker 07-20-2007 01:28 AM

Re: Venetian CEO Poker Tournament Main Event Furor
 
It doesnt clear up why all the Taj CEO Tourneys were charged about 20% in juice here are the exact numbers.....





Quote:
--------------------------------------------------------------------------------

What 18% did we take at the Taj? At this point that is not true. The rake was not 18% at the Taj. We didnt even have a charity component.

And as I explained in the thread above the numbers above proove we didnt have an 18% or 20% juice. Please look at the pay outs.

My statement I believe addresses what type of action we are ready to take to address the concerns of the players and the forum.

Maria
CEO POKER


--------------------------------------------------------------------------------



Maria you have really pinned yourself in a corner. You claim the Taj Mahal entrants were not overcharged. Here are the exact numbers form the prliminary events at the Taj. They follow a similar pattern of excessive juice.



Here are the numbers for the events you claimed werent overcharged.

BUY-IN $550

Prizepool $116,100
Entires: 258

258 x $450 = $116,100
FINAL RESULTS: May.19 VIEW STANDINGS: May.19

$450 of each players $550 went into the Prizepool.

Each Player paid $450 + $100


May 20th 163 entires at $550

Total Prizepool $73,350

163 x $450 = $73,350

Again the players were charged $450 + $100


May 21 138 entries at $550

Total Prizepool $62,100

Guess what

138 x 450 = $62,100

Three tournaments where players paid $450 plus $100 juice

Next was the $1625 buyin

77 Entries

Prizepool of $85,250

This tourney was a staggering $1107 + $518 juice.



Can you dispute these exact numbers?

Every CEO tourney from the Taj, Palms and Venetian all have the same pattern. An entry fee that shows 8-10% juice but an actual 18-20% taken out.

Cornell Fiji 07-20-2007 01:32 AM

Re: Venetian CEO Poker Tournament Main Event Furor
 
Stop double posting and bumping this thread! It will cause everyone to miss the excellent drama bombs in the other thread

doublejoker 07-20-2007 02:33 AM

Re: Venetian CEO Poker Tournament Main Event Furor
 
[ QUOTE ]
Additionally regarding the $5000 main event, that is not correct the juice was not 18%. Please read below, this is a copy of a thread that I posted to a similar concern..........

I wanted to respond regarding the Taj Event where you stated that $70,000 was missing. This is not correct and let me explain why.

There was an error in the number of players stated on the website, our apologies.

May 23rd - 62 players, previously stated 77.
May 24th - 32 players, previously state 45.

This can be easily verified by the casino.

We have made the correction and stated on the website that a correction was made, so everyone is aware that the original numbers were not correct.

You can verify this just by looking at the number of players paid. Usually about 10% of the player get paid.

May 23rd - 6 players paid.
May 24th - 5 players paid.

Hope this clears up these tournaments. I will send an email to Card Player and Bluff to update those tournament numbers.

Regards
Maria
CEO POKER

[/ QUOTE ]

Will await Marias response to these exact numbers as posted earlier on the removed PPA thread...





Quote:
--------------------------------------------------------------------------------

What 18% did we take at the Taj? At this point that is not true. The rake was not 18% at the Taj. We didnt even have a charity component.

And as I explained in the thread above the numbers above proove we didnt have an 18% or 20% juice. Please look at the pay outs.

My statement I believe addresses what type of action we are ready to take to address the concerns of the players and the forum.

Maria
CEO POKER


--------------------------------------------------------------------------------



Maria you have really pinned yourself in a corner. You claim the Taj Mahal entrants were not overcharged. Here are the exact numbers form the prliminary events at the Taj. They follow a similar pattern of excessive juice.



Here are the numbers for the events you claimed werent overcharged.

BUY-IN $550

Prizepool $116,100
Entires: 258

258 x $450 = $116,100
FINAL RESULTS: May.19 VIEW STANDINGS: May.19

$450 of each players $550 went into the Prizepool.

Each Player paid $450 + $100


May 20th 163 entires at $550

Total Prizepool $73,350

163 x $450 = $73,350

Again the players were charged $450 + $100


May 21 138 entries at $550

Total Prizepool $62,100

Guess what

138 x 450 = $62,100

Three tournaments where players paid $450 plus $100 juice

Next was the $1625 buyin

77 Entries

Prizepool of $85,250

This tourney was a staggering $1107 + $518 juice.



Can you dispute these exact numbers?

Every CEO tourney from the Taj, Palms and Venetian all have the same pattern. An entry fee that shows 8-10% juice but an actual 18-20% taken out.

stephenNUTS 07-20-2007 02:35 AM

Re: Venetian CEO Poker Tournament Main Event Furor
 
Why was this moved/deleted?

entertainme 07-20-2007 04:01 AM

Re: Venetian CEO Poker Tournament Main Event Furor
 
Please continue any discussion of CEO Poker tour in this thread.

I'll lock this one since discussion has moved there.


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