[doublejoker]

It's happened many more than three ties before; these were just examples posted by twoplustowers. I'm sure if you checked every last tourney they would all have similar discrepancies as these...


Here is a summary of the 4 Tournaments reported thus far....

Palms CEO Event:

wow in that one they collected $55,800 and paid out just over $40,000? this is insane? Why has this not come to light sooner?

CEO Poker Tournament
Event #1 - No Limit Hold'em
October 23, 2006
Palms
Tournament Schedule
Buy-In $1,500 + $300
Prize Pool $40,105
Entries 31



Taj Mahal Main Event:

i found it. Here are the numbers; they collected $225,000 plus juice from 45 players; here is the breakdown...


EVENT: No-Limit Hold'em Championship Event 6
ROUND: N/A BLINDS: N/A ANTE: N/A PLAYERS LEFT: N/A

BUY-IN $5,000
TOTAL PRIZE POOL $155,200
ENTRIES 45
FINAL RESULTS: May.24 VIEW STANDINGS: May.24
PLACE PLAYER PRIZE/CHIPSPOY POINTS
1Michael Santoro$69,8400
2Charles Minter$38,8000
3Bianco Benedetto$23,2800
4John Aglialoro$15,5200
5Angel Modica$7,7600

There is $70,000 missing???? Acually more than $70,000 I beleive the buyin was $5,150 not $5,000.


Venetian $1,000 Event:


I just checked one of the $1,000 tourneys fron Venetian; in this case they charged a staggering amount of juice as well. They collected $1,075 x 174 players ($187,050) and paid out $158,339.


EVENT: No-Limit Hold'em Event 7
BUY-IN $1,000
TOTAL PRIZE POOL $158,339
ENTRIES 174

1Bryan Watkins$49,085408
2Mike Leah$28,818340
3Aaron Krebs$17,417272
4Mohammad Hamid$14,251204
5Giovanni Rigolli$9,500170
6Charles Denton$7,917136
7Darcy McLeod$6,334102

Venetian Main Event:

$2500 buyin

$100 to Venetian
$150 CEO "site fee"
$125 CEO Charity
$75 Venetian staff


234 entries at $2600 ($608,400)

Final prizepool of $503,100

BUY-IN $2,500
TOTAL PRIZE POOL $503,100
ENTRIES 234



This really is out of hand Players cannot have any reasonable chance when they start out 20% in the hole.

The entire entry fee of 2 players per table is removed from the prizepool.