Heartland Poker Tour Upcoming Events & they're coming 2 Denver area 2!

sopoRific · #1 07-25-2007, 05:39 PM

This seems odd:

http://www.newsite.heartlandpokertou...007&eid=31
[ QUOTE ]
This event will feature several $300+40 qualifiers throughout the week.
Due to Colorado gaming law, there will be NO direct buy in option to the Main event. You must qualify to play the Main event.

[/ QUOTE ]

I'm unfamiliar with the law around poker tournaments and the $5 limit (my only live CO tournament experience are the 55+5s at Golden Gates), but I'm not sure how a 300+40 is okay but a 1500+200 or so isn't.

Has HPT done other satellites-only tournaments elsewhere?

Grasshopp3r · #2 07-25-2007, 06:30 PM

Who knows what the gaming law is in Colorado as it is a crazy mess. There are larger buy ins, up to $450, that I have seen.

CincyLady · #3 07-25-2007, 07:03 PM

Yeah it can be weird here. The first hand of every no limit Tournament is played as limit to get around the gaming laws here, so that no one goes bust on the first hand and loses their entire bet. After the first hand though, it's back to NL for the rest of the event.

Grasshopper,

If you come, I suggest you check out these sites:

http://thegilpincasino.com/index.php...amp;Itemid=227

and

http://www.ameristar.com/blackhawk/bh_ca_tablegames.asp

The Gilpin offers tournaments 4 times a day, so that might be one way to make some money.

http://thegilpincasino.com/images/pd...hure8.5x11.pdf

If you are a low limit specialist, you'll love our 'bingo' poker here (called that because the players here play just about any two cards in the hopes they'll 'bingo' on the river), because the top game that's spread, is 5/5 Limit, Dealers choice.

As for Hunting season, the people here are so hungry for a chance to be on TV, I think it'll hardly make a dent here, as most will flock to Blackhawk from the Denver area where the Bar Tours (the Denver Poker Tour and the Amature Poker Tour) are quite popular here.

RR · #4 07-26-2007, 12:36 PM

[ QUOTE ]
This seems odd:

http://www.newsite.heartlandpokertou...007&eid=31
[ QUOTE ]
This event will feature several $300+40 qualifiers throughout the week.
Due to Colorado gaming law, there will be NO direct buy in option to the Main event. You must qualify to play the Main event.

[/ QUOTE ]

I'm unfamiliar with the law around poker tournaments and the $5 limit (my only live CO tournament experience are the 55+5s at Golden Gates), but I'm not sure how a 300+40 is okay but a 1500+200 or so isn't.

Has HPT done other satellites-only tournaments elsewhere?

[/ QUOTE ]

The max you can buy into a poker tournament in CO is $500

sopoRific · #5 07-26-2007, 01:08 PM

[ QUOTE ]
The max you can buy into a poker tournament in CO is $500

[/ QUOTE ]

Ah. It all makes sense now. Thanks.

Ultra Violet · #6 07-26-2007, 01:35 PM

I like the Gilpin. They have some great $100 tournaments. Some of the lower buy-ins can get a little crazy.

Their vig is a little steep, though. For a $100 tourney, $10 goes to the house and $1 to the bad beat jack pot, so only $89 of each entry goes in the prize pool. Plus, none of the house rake goes to the dealers, so you have to factor your tip in on top of that.

Other casinos do have tourneys with a lower vig, but for me, it's worth paying a little extra for the Gilpin. It's a nice room with comfortable seating and most of the dealers are pretty decent. A few lame newbies, but you get that almost anywhere up there.

RR · #7 07-26-2007, 02:02 PM

[ QUOTE ]
I like the Gilpin. They have some great $100 tournaments. Some of the lower buy-ins can get a little crazy.

Their vig is a little steep, though. For a $100 tourney, $10 goes to the house and $1 to the bad beat jack pot, so only $89 of each entry goes in the prize pool. Plus, none of the house rake goes to the dealers, so you have to factor your tip in on top of that.

Other casinos do have tourneys with a lower vig, but for me, it's worth paying a little extra for the Gilpin. It's a nice room with comfortable seating and most of the dealers are pretty decent. A few lame newbies, but you get that almost anywhere up there.

[/ QUOTE ]

The higher vig is because the tournaments take a long time to play (you get more chips, longer levels etc). If there was a demand for a lower vig shorter tournament I am pretty sure it would be spread.

Ultra Violet · #8 07-26-2007, 02:14 PM

[ QUOTE ]
The higher vig is because the tournaments take a long time to play (you get more chips, longer levels etc). If there was a demand for a lower vig shorter tournament I am pretty sure it would be spread.

[/ QUOTE ]

That's a good point, but I probably used a bad example. That was for a 9pm tourney last Wednesday that only had fifteen minute blinds. They only allow so many rounds before they cut it off (eight maybe?) and award first place to the person with the most chips. Doh! I didn't realize it was a turbo format, but it worked out okay. If I remember right, the starting chip amount was $9,000.

I will have to check and see if the breakdown is the same for the 7pm Sunday night one. It usually has 4-8 tables and 20-minute rounds.

RR · #9 07-26-2007, 02:17 PM

[ QUOTE ]
[ QUOTE ]
The higher vig is because the tournaments take a long time to play (you get more chips, longer levels etc). If there was a demand for a lower vig shorter tournament I am pretty sure it would be spread.

[/ QUOTE ]

That's a good point, but I probably used a bad example. That was for a 9pm tourney last Wednesday that only had fifteen minute blinds. They only allow so many rounds before they cut it off (eight maybe?) and award first place to the person with the most chips. Doh! I didn't realize it was a turbo format, but it worked out okay. If I remember right, the starting chip amount was $9,000.

I will have to check and see if the breakdown is the same for the 7pm Sunday night one. It usually has 4-8 tables and 20-minute rounds.

[/ QUOTE ]

The niner is a bad example. It is a speed tournament. It starts at 9 you get 9k in chips and play for 9 levels.

edit: For full disclosure I do have some input into the Gilpin structures and would be interested in hearing if people are interested in different structures.

CincyLady · #10 07-26-2007, 07:01 PM

[ QUOTE ]
I like the Gilpin. They have some great $100 tournaments. Some of the lower buy-ins can get a little crazy.

Their vig is a little steep, though. For a $100 tourney, $10 goes to the house and $1 to the bad beat jack pot, so only $89 of each entry goes in the prize pool. Plus, none of the house rake goes to the dealers, so you have to factor your tip in on top of that.

Other casinos do have tourneys with a lower vig, but for me, it's worth paying a little extra for the Gilpin. It's a nice room with comfortable seating and most of the dealers are pretty decent. A few lame newbies, but you get that almost anywhere up there.

[/ QUOTE ]

Ah yes, but they are the ONLY Casino I know of that have a bad beat jackpot for TOURNAMENTS (aces full of Kings need to be beat to activate the Jackpot, and the hand has to be played all the way through to showdown).