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Old 08-19-2006, 11:02 AM
NickMPK NickMPK is offline
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Join Date: Jan 2006
Posts: 2,626
Default Re: Greedy dealer or cheap grinder? (toke involved)

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So I am playing a 250+20 SNG which is chopped three ways and I get $400 or +$130.

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This doesn't make sense. Most ten-player SNGs pay approx. 20% to third place. In addition, a player with the smallest stack who is already guaranteed the lowest prize should always been receiving more than that prize amount, or else there would be no reason to accept the chop. Yet, from this chop, you only received 16% of the prize pool.

Was there an unusual payoff schedule where third place received less than 15%, or did you just agree to a really bad deal?

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Online SNGs pay 20% to third place, but most live SNG's in casinos I've been to (AC only) pay nothing to 3rd, usually 80/20 to 1st/2nd. Paying 20% to third would be very unusual in my experience.
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