Absolute shorting prize pool?

[chim17]

Hey all,

Tonight in the $3 9k gtd on Absolute there was 739 entries, 1675 rebuys, and 845 add ons.

At $3 a piece that is 9777 dollars. The total prize pool at the end of the tournament was only $9,000.

I'm sure there is an explanation but can anyone more familiar with Absolute shed some light? Maybe display error or something?

[longclaw]

I am not sure but I think they add up the $3+$.30 and all the $3 rebuys and add ons and take 9% of that total as juice.

If this is right then they missed the guarantee and had to kick it up to the 9k.

[Bigflopdaddy]

[ QUOTE ]
I am not sure but I think they add up the $3+$.30 and all the $3 rebuys and add ons and take 9% of that total as juice.

If this is right then they missed the guarantee and had to kick it up to the 9k.

[/ QUOTE ]

You are correct sir

[flafishy]

Yes, Absolute lists their tourney entries as buy-in and fees combined, with 9% being entry fee. They do that on all their MTTs.

[chim17]

Oh man so they vig the rebuys?

That is weak.

Thanks for the info, though.

[flafishy]

[ QUOTE ]
Oh man so they vig the rebuys?

[/ QUOTE ]

That I don't know. But it should say so in the tourney lobby somewhere if they do. And if they do, they wouldn't be the only pokerroom that does so.

[Shrug]

Yes, they vig the rebuys.

[crashjr]

[ QUOTE ]
[ QUOTE ]
Oh man so they vig the rebuys?

[/ QUOTE ]

That I don't know. But it should say so in the tourney lobby somewhere if they do. And if they do, they wouldn't be the only pokerroom that does so.

[/ QUOTE ]

Yes they vig the rebuys and add ons. I did the math a while back and for an average 700 player $3 rebuy AP charges four times the vig of what Full Tilt does. None of the other sites take a percentage of the rebuys and add ons to my knowledge, but I could be wrong. Stars and Full Tilt do not.