Re: Steps on Stars
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.
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.
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 as rake.
Compare this to a 33r with 133 players that take 1 rebuy and 1 addon to generate a prizepool of 12k and $400 rake.
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
|