Festa al Lago payout structure

NickMPK · #1 10-18-2006, 09:15 AM

The latest WPT event pays out 100 places when there were only 430 entrants, so more than 20% of the field gets paid. And yet, 1st place is still worth more than twice as much as 2nd (1090K v. 542K). At least is doesn't have an absurd jump from 10th to 9th like so many big online tournaments. Why is it so hard to generate a reasonable payout structure where the prizes increase in logical incremements?

DonkTilt · #2 10-18-2006, 09:23 AM

Well the WPT certainly works the payout structures so that 1st is always 1 million + if they can get it. People want to see big wins. By making second nearly half and forcing no deals the WPT gets made for TV Drama IMO.

What sucks from the players standpoint it really that without dealmaking and the huge blind structure these tournaments really are flipping coins for millions.

Sad really. To work hard for 4 days and it all come down to card catching.

NickMPK · #3 10-18-2006, 09:57 AM

[ QUOTE ]
Well the WPT certainly works the payout structures so that 1st is always 1 million + if they can get it. People want to see big wins. By making second nearly half and forcing no deals the WPT gets made for TV Drama IMO.

What sucks from the players standpoint it really that without dealmaking and the huge blind structure these tournaments really are flipping coins for millions.

Sad really. To work hard for 4 days and it all come down to card catching.

[/ QUOTE ]

But there should have been no problem paying $1 million+ to the winner and still providing for a fair payout to 2nd, etc.; they are paying >$600K to places 51-100, who shouldn't really get paid at all.

DonkTilt · #4 10-18-2006, 10:47 AM

[ QUOTE ]
[ QUOTE ]
Well the WPT certainly works the payout structures so that 1st is always 1 million + if they can get it. People want to see big wins. By making second nearly half and forcing no deals the WPT gets made for TV Drama IMO.

What sucks from the players standpoint it really that without dealmaking and the huge blind structure these tournaments really are flipping coins for millions.

Sad really. To work hard for 4 days and it all come down to card catching.

[/ QUOTE ]

But there should have been no problem paying $1 million+ to the winner and still providing for a fair payout to 2nd, etc.; they are paying >$600K to places 51-100, who shouldn't really get paid at all.

[/ QUOTE ]

Right, I just think that they work 1st place then they decided the bubble # then the structure. Its certainly crap.

Also on the circuit radio show Gavin mentions something along the lines that it's a bad structure and Joe says you know why its like that right? and Gavin agrees but there is no mention as to why it is for the audience.

Kevmath · #5 10-18-2006, 10:53 AM

I thought it was Jack McClelland's doing that they pay a large amount of players AND have a large difference between the top 3 or so spots.

Last month's WPT Borgata tournament had 540 entrants and paid 54 spots.

DonkTilt · #6 10-18-2006, 11:03 AM

[ QUOTE ]
I thought it was Jack McClelland's doing that they pay a large amount of players AND have a large difference between the top 3 or so spots.

Last month's WPT Borgata tournament had 540 entrants and paid 54 spots.

[/ QUOTE ]

You very well could be right, Part of Gavin's rant started with Naming Jack M.

I don't see why he would favor that structure. Most WPT events get pro's and a lot of seasoned amatures, the ammount of real noobs in these things has drasticly dropped. I am sure more than 2/3rds this field would prefer a top heavy payout. instead of getting 2K profit with the exception of Mike Matusow, his 2K can be used to gambool

thebeebster · #7 10-19-2006, 06:28 AM

the why is the same reason that the stars wcoop paid out a ton more spots. they want the money spread out to more people so they can continue to spend the money at more tournaments/cash games. this is especially true at jack/bellagio tournies because they have more locals that can come back for more big jack/bellagio tournies.

DonkTilt · #8 10-19-2006, 10:17 AM

[ QUOTE ]
the why is the same reason that the stars wcoop paid out a ton more spots. they want the money spread out to more people so they can continue to spend the money at more tournaments/cash games. this is especially true at jack/bellagio tournies because they have more locals that can come back for more big jack/bellagio tournies.

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Nice read, Very true. I didn't see it that way. Also the one's who won by satelite will be inclined to satelite into more events etc..