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-   -   No 3rd party registration for the WSOP (http://archives1.twoplustwo.com/showthread.php?t=347351)

Jumbo rob 03-05-2007 12:27 PM

No 3rd party registration for the WSOP
 
I saw this in the official WSOP rules:

5. Third-party registrations for players are not permitted unless submitted by Official WSOP sponsors; Official WSOP promotions or product licensees, or civic, charitable, business, casino and other land-based entities officially licensed to conduct satellite tournaments for the 2007 WSOP. <font color="red"> No third-party registrations will be accepted from online gaming sites conducting business with U.S. residents.</font>

Any idea how PS and FT plan to handle this?

Karak567 03-05-2007 12:34 PM

Re: No 3rd party registration for the WSOP
 
Send players the cash or do it through another organization?

XXXNoahXXX 03-05-2007 12:37 PM

Re: No 3rd party registration for the WSOP
 
I'm sure Stars is pretty up on the WSOP rules and has figured this one out.

I don't get how if they send you money to register they will get anyone to wear Stars stuff for the extra $1k/hotel.

FyteOn 03-05-2007 12:56 PM

Re: No 3rd party registration for the WSOP
 
FWIW, our local casino sends about 15 people a year to the ME through weekly sat's, etc. This year the directors are just giving the sat winners the $10k+ in cash due to this new rule. This could really chop the ME field down to decent sizes. I don't know what % will just take the dough and not enter but I would have to guess it would be about 70%ish. Maybe higher.

McMelchior 03-05-2007 03:08 PM

Re: No 3rd party registration for the WSOP
 
As appears from this thread Harrah's has taken steps necessary to insure online sites still can send their qualifiers to WSOP with a pretty good chance they're not pocketing the buy-in instead of playing.

Briefly Harrah's is issuing a $10,000 chip that ONLY can be used for WSOP ME buy-in.

ZBTHorton 03-05-2007 03:58 PM

Re: No 3rd party registration for the WSOP
 
It really isn't going to effect much. Stars is going to give you a 10K chip good for nothing but Rio Tournaments. So, your either going to play the ME...or have one expensive souvenir.

LearnedfromTV 03-05-2007 04:01 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
It really isn't going to effect much. Stars is going to give you a 10K chip good for nothing but Rio Tournaments. So, your either going to play the ME...or have one expensive souvenir.

[/ QUOTE ]

Until hearing about the 10k chip I had no idea what the plan was, now it seems obvious but just to make sure - ZBT you are basing this statement on knowledge from Stars contacts, not speculation?

A_Junglen 03-05-2007 04:04 PM

Re: No 3rd party registration for the WSOP
 
Does anybody know if it's possible to sell this "Main Event 10k Token", therefore making entries transferable?

ie: Sell the chip to some guy in line who's buying in anyways for 95% or something.

WarDekar 03-05-2007 04:07 PM

Re: No 3rd party registration for the WSOP
 
Also, if it's "good for nothing but Rio Tournaments" couldn't you use it to buy-in to, say, 5 of the $2k events, or any combination of $10k?

I think this would thin the ME field kind of dramatically, as anyone that Qs could get 5x (or possibly more) play if they enterred multiple events.

Jumbo rob 03-05-2007 04:10 PM

Re: No 3rd party registration for the WSOP
 
This also renders the "What if I qualify on both PS and FT?" question moot. If they both give you 10K chips, sell one and use the other to enter the tourney. Or give one to a friend and let them use it to enter.

ZBTHorton 03-05-2007 04:40 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
Also, if it's "good for nothing but Rio Tournaments" couldn't you use it to buy-in to, say, 5 of the $2k events, or any combination of $10k?

I think this would thin the ME field kind of dramatically, as anyone that Qs could get 5x (or possibly more) play if they enterred multiple events.

[/ QUOTE ]

How so?

90% of the people that show up for the ME come the week of. There aren't nearly enough tournaments that week to easily spend your 10K.

ZBTHorton 03-05-2007 04:41 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
[ QUOTE ]
It really isn't going to effect much. Stars is going to give you a 10K chip good for nothing but Rio Tournaments. So, your either going to play the ME...or have one expensive souvenir.

[/ QUOTE ]

Until hearing about the 10k chip I had no idea what the plan was, now it seems obvious but just to make sure - ZBT you are basing this statement on knowledge from Stars contacts, not speculation?

[/ QUOTE ]

No, there have been a bunch of articles written on it. I personally think this makes sense. If Harrah's won't let PS register you in bulk, a la previous years...this is by far the best solution for everyone.

ZBTHorton 03-05-2007 04:42 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
Does anybody know if it's possible to sell this "Main Event 10k Token", therefore making entries transferable?

ie: Sell the chip to some guy in line who's buying in anyways for 95% or something.

[/ QUOTE ]

I assume so.

That seems a lot more difficult than selling your 500$ worth of chips like we did last year though. But you could try.

WarDekar 03-05-2007 04:43 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
[ QUOTE ]
Also, if it's "good for nothing but Rio Tournaments" couldn't you use it to buy-in to, say, 5 of the $2k events, or any combination of $10k?

I think this would thin the ME field kind of dramatically, as anyone that Qs could get 5x (or possibly more) play if they enterred multiple events.

[/ QUOTE ]

How so?

90% of the people that show up for the ME come the week of. There aren't nearly enough tournaments that week to easily spend your 10K.

[/ QUOTE ]

I don't know, I know that's what I'd want to do given the choice? I suppose most people don't have the ability to just go to Vegas for a week or two to play in 5 events, but you're going to be taking off just as much time to try and play in the ME so why not?

Stars only gives the room for the duration of the ME I guess, but is a hotel in Vegas really that expensive?

If you had a $10k budget for all-things WSOP, wouldn't you enter multiple events instead of just the ME?

Clearly I am giving the average qualifier way too much credit for being a thinking person here, but still I think it has to have an effect.

JoseGonzlez 03-05-2007 04:44 PM

Re: No 3rd party registration for the WSOP
 
one thing that occurs at some tourneys is at a single table satellite they might accept satellite chips. so you just go to a table take the cash and leave a satellite chip. if they just declare you cant use the 10K chip at a single satellite table problem solved.
Incidentally i would not know how easy it would be to get a whole table to do this. Usually you just ask one person if you have a satellite chip or two.

KneeCo 03-05-2007 04:44 PM

Re: No 3rd party registration for the WSOP
 
This solution seems like it will work, as for reselling I doubt you'd be able to get 95% for these, the market will be flooded.
I imagine the line up to register the day before the ME will be pretty sick.

ZBTHorton 03-05-2007 04:45 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Also, if it's "good for nothing but Rio Tournaments" couldn't you use it to buy-in to, say, 5 of the $2k events, or any combination of $10k?

I think this would thin the ME field kind of dramatically, as anyone that Qs could get 5x (or possibly more) play if they enterred multiple events.

[/ QUOTE ]

How so?

90% of the people that show up for the ME come the week of. There aren't nearly enough tournaments that week to easily spend your 10K.

[/ QUOTE ]

I don't know, I know that's what I'd want to do given the choice? I suppose most people don't have the ability to just go to Vegas for a week or two to play in 5 events, but you're going to be taking off just as much time to try and play in the ME so why not?

Stars only gives the room for the duration of the ME I guess, but is a hotel in Vegas really that expensive?

If you had a $10k budget for all-things WSOP, wouldn't you enter multiple events instead of just the ME?

[/ QUOTE ]

I guess you'd have to have been there before. Sure, if you took off a month to go to Vegas, and could get your 10K chip early enough...I'm sure I'd play a bunch of events.

But the VAST majority of people don't do that. Most people show up the day before their start date, and plan on going home. Even 2p2'ers who love Vegas and have basically no jobs most of the time don't even plan to stay out their free hotel rooms.

FWIW. If you had to get a decent vegas hotel room on no notice, I bet you'd pay in the 200-250$/night range..

JoseGonzlez 03-05-2007 04:48 PM

Re: No 3rd party registration for the WSOP
 
on the other hand it wont take much effort to find a 10K chip. seeems like an easy way to save 5 percent. so there should be a decent market for them. no one will get less than 9000 for one.

WarDekar 03-05-2007 05:33 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Also, if it's "good for nothing but Rio Tournaments" couldn't you use it to buy-in to, say, 5 of the $2k events, or any combination of $10k?

I think this would thin the ME field kind of dramatically, as anyone that Qs could get 5x (or possibly more) play if they enterred multiple events.

[/ QUOTE ]

How so?

90% of the people that show up for the ME come the week of. There aren't nearly enough tournaments that week to easily spend your 10K.

[/ QUOTE ]

I don't know, I know that's what I'd want to do given the choice? I suppose most people don't have the ability to just go to Vegas for a week or two to play in 5 events, but you're going to be taking off just as much time to try and play in the ME so why not?

Stars only gives the room for the duration of the ME I guess, but is a hotel in Vegas really that expensive?

If you had a $10k budget for all-things WSOP, wouldn't you enter multiple events instead of just the ME?

[/ QUOTE ]

I guess you'd have to have been there before. Sure, if you took off a month to go to Vegas, and could get your 10K chip early enough...I'm sure I'd play a bunch of events.

But the VAST majority of people don't do that. Most people show up the day before their start date, and plan on going home. Even 2p2'ers who love Vegas and have basically no jobs most of the time don't even plan to stay out their free hotel rooms.

FWIW. If you had to get a decent vegas hotel room on no notice, I bet you'd pay in the 200-250$/night range..

[/ QUOTE ]

Most events are only 2 or 3 days long. You can easily play 10k in events in a week or 10 days at most as you aren't going to be making Day 2 very often. I just don't see the allure of the ME that most people do I guess, it just doesn't seem like nearly as good of a value particularly if 10k is a significant portion of your BR.

You can stay at someplace for $100 (or even less) if all you really care about is a decent bed. And that's for one person.

NoahSD 03-05-2007 06:59 PM

Re: No 3rd party registration for the WSOP
 
Does this mean the under 21 crowd can play the sats and just sell our chips to old people?

Kosmos33 03-05-2007 07:07 PM

Re: No 3rd party registration for the WSOP
 
I am a little confused about this $10k chip. From the discussion in this thread I get the impression that this is a chip that you can ONLY use to buy in to the $10k Main Event.

However, from reading the RGT article linked by adanthar (linked above in McMelchior's post), I read it as this is a $10,000 gaming chip issued by Rio, which happens to have a WSOP insignia on it, and could therefore be used in the pits or even .... cashed out.

Anyone have any concrete information on this ?

ZBTHorton 03-05-2007 07:14 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
I am a little confused about this $10k chip. From the discussion in this thread I get the impression that this is a chip that you can ONLY use to buy in to the $10k Main Event.

However, from reading the RGT article linked by adanthar (linked above in McMelchior's post), I read it as this is a $10,000 gaming chip issued by Rio, which happens to have a WSOP insignia on it, and could therefore be used in the pits or even .... cashed out.

Anyone have any concrete information on this ?

[/ QUOTE ]

If it's the chips I am thinking of, it's simply a 10K Tourney chip. You can use it however you like, in tournaments, but it cannot be cashed out or used in the pit.

ZBTHorton 03-05-2007 07:20 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Also, if it's "good for nothing but Rio Tournaments" couldn't you use it to buy-in to, say, 5 of the $2k events, or any combination of $10k?

I think this would thin the ME field kind of dramatically, as anyone that Qs could get 5x (or possibly more) play if they enterred multiple events.

[/ QUOTE ]

How so?

90% of the people that show up for the ME come the week of. There aren't nearly enough tournaments that week to easily spend your 10K.

[/ QUOTE ]

I don't know, I know that's what I'd want to do given the choice? I suppose most people don't have the ability to just go to Vegas for a week or two to play in 5 events, but you're going to be taking off just as much time to try and play in the ME so why not?

Stars only gives the room for the duration of the ME I guess, but is a hotel in Vegas really that expensive?

If you had a $10k budget for all-things WSOP, wouldn't you enter multiple events instead of just the ME?

[/ QUOTE ]

I guess you'd have to have been there before. Sure, if you took off a month to go to Vegas, and could get your 10K chip early enough...I'm sure I'd play a bunch of events.

But the VAST majority of people don't do that. Most people show up the day before their start date, and plan on going home. Even 2p2'ers who love Vegas and have basically no jobs most of the time don't even plan to stay out their free hotel rooms.

FWIW. If you had to get a decent vegas hotel room on no notice, I bet you'd pay in the 200-250$/night range..

[/ QUOTE ]

Most events are only 2 or 3 days long. You can easily play 10k in events in a week or 10 days at most as you aren't going to be making Day 2 very often. I just don't see the allure of the ME that most people do I guess, it just doesn't seem like nearly as good of a value particularly if 10k is a significant portion of your BR.

You can stay at someplace for $100 (or even less) if all you really care about is a decent bed. And that's for one person.

[/ QUOTE ]

Um...not really.

Think about it this way. The majority of people only play NL. So that automatically drastically alters the # of events they may enter.

Just look at the schedule and show me where the average player is going to spend 10K. If you show up 10 days early, get your chip, and go to play tournaments here is what the avg person could enter:

5K NL 6-max - I doubt many people are going to pass on the 10K ME and play the 5K SH Tournament
2K NL - Okay, 8K left
1.5K NL - Okay, 6.5K left
1K Rebuy NL - Anyone with half a brain isn't going to enter this without a bunch of money.

So now you have 6.5K left and NOTHING you can do with it. I don't see anyone doing this.

The allure of the ME is that it is the softest tournament in existence with the highest prize pool. That's what people want to play.

WarDekar 03-05-2007 07:31 PM

Re: No 3rd party registration for the WSOP
 
What are you talking about? They have a TON of lower buy-in events this year, many of which are NLHE. A quick scan of the events and I see half dozen $1,500 events, some $2k, some $2,500, some $3k, and a $5k. There are plenty enough events to spend $10k on, especially if you include anything other than NLHE. The lower LO8 tourney has a joke of a field.

ZBTHorton 03-05-2007 07:36 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
What are you talking about? They have a TON of lower buy-in events this year, many of which are NLHE. A quick scan of the events and I see half dozen $1,500 events, some $2k, some $2,500, some $3k, and a $5k. There are plenty enough events to spend $10k on, especially if you include anything other than NLHE. The lower LO8 tourney has a joke of a field.

[/ QUOTE ]

Dude.

Random people cannot take off an entire month to go to vegas and piddle around in 200$/night hotel rooms.

Like 80-90% of the ME is just random guys. Not poker players. As I said earlier, a HUGE % of the field in the ME flies in the night before they play and plan to leave the day after they bust. Even if they had the option to play earlier, they wouldn't even know how to go about it...and some of them may not even know that other events occur. They have jobs. They have families. They are not 22 year old poker players who have no responsibilities.

WarDekar 03-05-2007 07:52 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
Dude.

Random people cannot take off an entire month to go to vegas and piddle around in 200$/night hotel rooms.

Like 80-90% of the ME is just random guys. Not poker players. As I said earlier, a HUGE % of the field in the ME flies in the night before they play and plan to leave the day after they bust. Even if they had the option to play earlier, they wouldn't even know how to go about it...and some of them may not even know that other events occur. They have jobs. They have families. They are not 22 year old poker players who have no responsibilities.

[/ QUOTE ]

Well, sucks to be them I guess.

And I realize most the ME field will not be able to do that, but I still think the fact that you get a $10k tournament chip will end up cutting down on the field. As other people have said, you can just take your $10k chip to a 1-table satellite, buy-up everyone's entry fees and then you either have $10k cash or you have like $5k cash with 5 individual $1k tournament chips, which will be a lot easier to get rid of.

I just think with it not being a FORCED direct buy-in, the field will be down some.

ZBTHorton 03-05-2007 07:56 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
[ QUOTE ]
Dude.

Random people cannot take off an entire month to go to vegas and piddle around in 200$/night hotel rooms.

Like 80-90% of the ME is just random guys. Not poker players. As I said earlier, a HUGE % of the field in the ME flies in the night before they play and plan to leave the day after they bust. Even if they had the option to play earlier, they wouldn't even know how to go about it...and some of them may not even know that other events occur. They have jobs. They have families. They are not 22 year old poker players who have no responsibilities.

[/ QUOTE ]



And I realize most the ME field will not be able to do that, but I still think the fact that you get a $10k tournament chip will end up cutting down on the field. As other people have said, you can just take your $10k chip to a 1-table satellite, buy-up everyone's entry fees and then you either have $10k cash or you have like $5k cash with 5 individual $1k tournament chips, which will be a lot easier to get rid of.



[/ QUOTE ]

No..you can't. You could at the beginning of the wsop last year, but they stopped these transactions from happening for this exact reason.

If I had to venture a guess as to how much this will effect this years field..I'd guess somewhere around...maybe...2.5%

WarDekar 03-05-2007 07:57 PM

Re: No 3rd party registration for the WSOP
 
They stopped this last year? I've been to a couple circuit events and it was still going on, I suppose they may have different rules though.

ZBTHorton 03-05-2007 07:59 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
They stopped this last year? I've been to a couple circuit events and it was still going on, I suppose they may have different rules though.

[/ QUOTE ]

Yeah. I got stopped several times trying to pass off my last two 500$ chips. As the days progressed, they got more strict.

burningyen 03-05-2007 08:28 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
Does anybody know if it's possible to sell this "Main Event 10k Token", therefore making entries transferable?

ie: Sell the chip to some guy in line who's buying in anyways for 95% or something.

[/ QUOTE ]
Very important question. I think a lot of casual players like me would prefer to win a non-transferable seat for tax reasons.

ZBTHorton 03-05-2007 08:32 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
[ QUOTE ]
Does anybody know if it's possible to sell this "Main Event 10k Token", therefore making entries transferable?

ie: Sell the chip to some guy in line who's buying in anyways for 95% or something.

[/ QUOTE ]
Very important question. I think a lot of casual players like me would prefer to win a non-transferable seat for tax reasons.

[/ QUOTE ]

As stated above, it is technically not within the rules to do it. Last year, as people were always trying to play satellites and sell their chips to players, the staff really started to cut down on people doing it. I would assume they would be even more strict this year, since they will be anticipating it...but who knows really.

BigAlK 03-05-2007 08:37 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
Very important question. I think a lot of casual players like me would prefer to win a non-transferable seat for tax reasons.

[/ QUOTE ]

Why would this impact your taxes? Doesn't it still work out to a $10,000 win and (assuming you don't make the money) a $10,000 loss? I can see if you won the entry one year for play the next how it might make a difference, but not otherwise. What am I missing?

terrellk11 03-05-2007 09:00 PM

Re: No 3rd party registration for the WSOP
 
I'd prefer a non-transferable chip for reasons of being able to explain to my wife why I can't sell it and use it to pay bills or for other such unimportant expenses.

kindling 03-05-2007 09:18 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
I'd prefer a non-transferable chip for reasons of being able to explain to my wife why I can't sell it and use it to pay bills or for other such unimportant expenses.

[/ QUOTE ]
QFT

THAY3R 03-05-2007 10:32 PM

Re: No 3rd party registration for the WSOP
 
Okay, let's say I win 8 seats on FTP, and 20 seats on Stars. Then one on Bodog or whatever.


How [censored] am I if I make the Final Table?

JuntMonkey 03-05-2007 10:38 PM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
Okay, let's say I win 8 seats on FTP, and 20 seats on Stars. Then one on Bodog or whatever.


How [censored] am I if I make the Final Table?

[/ QUOTE ]

Laughed out loud a few times.

THAY3R 03-06-2007 12:08 AM

Re: No 3rd party registration for the WSOP
 
Seriously though, I'm not sure I should even try to satellite in online, what with the contract [censored] you are forced to sign.

Wetdog 03-06-2007 03:18 AM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
Seriously though, I'm not sure I should even try to satellite in online, what with the contract [censored] you are forced to sign.

[/ QUOTE ]

You're not forced to sign any contract. If FTP says you have to do this or that because of some implied online contract, you just tell the judge that you didn't understand it. Any lawyer will tell you that.

I'm not a lawyer, I just play one on the interwebs.

THAY3R 03-06-2007 03:29 AM

Re: No 3rd party registration for the WSOP
 
So you're saying if I win a seat on Stars, and then don't wear their stuff at the Final Table, I will not get [censored] legally?

This is not what I have been led to believe...(unless you negotiate out of the contract)

ZBTHorton 03-06-2007 03:40 AM

Re: No 3rd party registration for the WSOP
 
[ QUOTE ]
So you're saying if I win a seat on Stars, and then don't wear their stuff at the Final Table, I will not get [censored] legally?

This is not what I have been led to believe...(unless you negotiate out of the contract)

[/ QUOTE ]

If you don't want to wear Stars clothing, don't take their 1K they give you to wear it.


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