Re: Sahara Tournament?
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My thoughts on the Sahara tournament are that you get a lot of bang for your buck. However, you have to realize that when they take out like a third of the money out of the payout, that overall the tourney is not exactly a winning proposition. Still, the players are generally bad, so that it can be EV neutral. I have seen dealers having to explain the rules over and over again to players. But again, please look at the payout and the number of players entering and do the math: the poker room takes out a huge chunk of money out of the payouts.
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You guys keep harping on the "high rake". It's a low buy in tourney and overall the casino might make 25-40% in the rake from this tourney as they would if they had cash games going for the same amount of time/tables.
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I hate the way AVP presents this info because it's misleading.
AVP shows the Sahara tourney is $42 with $14 taken out for a whopping 33% vig. 'cept 98% of player do the $20 rebuy, so it's $14 out of $62, which is 22.5%, and that includes the dealer toke.
Compare that to, say, Caesars 11pm tourney. $120, $30 vig for 25%. Or their 9am $65 tourney which takes $15 out for 23%.
Sahara is right in their pitching.
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