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#1
07-10-2007, 12:10 AM
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Re: Flatter Payout.... How Disgusting is it?
i guess i'm dumb, but....
why is everyone so worried about the 9 out of >6000 and not the large % of people who will be positively affected by this? 
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#2
07-10-2007, 12:13 AM
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Re: Flatter Payout.... How Disgusting is it?
Because we dont play tournaments just to cash. The difference between 15k for the bottom tier and 20k for the bottom tier wouldnt really effect the sat players as they are making much more then prize money-buyin and it negatively effects the rest of the payouts a ton as it is a huge multiplier going up the payout ladder. They should have started @ 15k and flattened the FT a little, the whole thing looks like a huge mess.
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#3
07-10-2007, 12:22 AM
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Re: Flatter Payout.... How Disgusting is it?
Barry Greenstein was a big advocate of the new flattened structure. We need him to explain his reasons.
It seems to me to be a reasonable way to reduce variance. Even the best players in the world will only get to the final 20 spots about once every 10+ years with the current number of entries. This makes getting into a lower position in the money still worth the effort.
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#4
07-10-2007, 12:31 AM
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Re: Flatter Payout.... How Disgusting is it?
[ QUOTE ]
Even the best players in the world will only get to the final 20 spots about once every 10+ years with the current number of entries. [/ QUOTE ] lol idiots. Define 'one of the best players in the world': someone who I see on ESPN in the final 20 of the WSOP Reaction: wow, isn't it amazing that the best players in the world make the final table once every ten years?
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#5
07-10-2007, 12:43 AM
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Re: Flatter Payout.... How Disgusting is it?
I've always felt that payout structures should follow the following pattern as closely as possible ...
1st place/2nd place = 2nd place/4th = 4th/8th = 8th/16th... with the ratio being whatever number it needs to be to ensure x% get paid and that the bubble is some minimum value. If you do that with these numbers (60m pool, 621 paid, $15000 for surviving the bubble) you get a ratio of about 0.51 and payouts of: 1st $7,899,729 2nd $4,020,646 3rd $2,708,425 4th $2,046,348 5th $1,646,466 6th $1,378,480 7th $1,186,230 8th $1,041,509 9th $928,584 10th $838K 15th $565K 20th $427K 30th $287K 50th $175K 75th $118K 100th $89K 200th $45K 300th $30K 400th $23K 500th $18.5K 600th $15.5K 621st $15K
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#6
07-10-2007, 12:52 AM
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Re: Flatter Payout.... How Disgusting is it?
[ QUOTE ]
I've always felt that payout structures should follow the following pattern as closely as possible ... 1st place/2nd place = 2nd place/4th = 4th/8th = 8th/16th... with the ratio being whatever number it needs to be to ensure x% get paid and that the bubble is some minimum value. If you do that with these numbers (60m pool, 621 paid, $15000 for surviving the bubble) you get a ratio of about 0.51 and payouts of: 1st $7,899,729 2nd $4,020,646 3rd $2,708,425 4th $2,046,348 5th $1,646,466 6th $1,378,480 7th $1,186,230 8th $1,041,509 9th $928,584 10th $838K 15th $565K 20th $427K 30th $287K 50th $175K 75th $118K 100th $89K 200th $45K 300th $30K 400th $23K 500th $18.5K 600th $15.5K 621st $15K [/ QUOTE ] That's a sweet structure. Have to adjust for 9-handed somehow, to get the table breaks in the right place, but that shouldn't be too tough. Please get yourself on the Players Committee or something. This stuff really shouldn't be all that difficult.
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#7
07-10-2007, 01:05 AM
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Re: Flatter Payout.... How Disgusting is it?
does some kindly and numerically literate soul want to redo that structure with $20K at the bubble (since that was something they specifically decided to introduce, and not random as much of the rest of the payouts seem to be)?
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#8
07-10-2007, 01:09 AM
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Re: Flatter Payout.... How Disgusting is it?
[ QUOTE ]
does some kindly and numerically literate soul want to redo that structure with $20K at the bubble (since that was something they specifically decided to introduce, and not random as much of the rest of the payouts seem to be)? [/ QUOTE ] 20k at the bottom sound good because 5k is the expense to play the damn tourney.
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#9
07-10-2007, 01:21 AM
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Re: Flatter Payout.... How Disgusting is it?
Ugh, so painful. They could've @ least made all the payouts at the top nice-n-neat w/ all those zeros we like to see [img]/images/graemlins/cool.gif[/img]
Clean-up on payouts @ WSOP Final Table '07!!!
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#10
07-10-2007, 01:58 AM
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Re: Flatter Payout.... How Disgusting is it?
[ QUOTE ]
does some kindly and numerically literate soul want to redo that structure with $20K at the bubble (since that was something they specifically decided to introduce, and not random as much of the rest of the payouts seem to be)? [/ QUOTE ] If you do that with my proposed system you get: 1st $5,918k 2nd $3,205k 3rd $2,224k 4th $1,736k 5th $1,425k 6th $1,213k 7th $1,058k 8th $940k 9th $847k 10th $772k 15th $539k 20th $418k 30th $292k 50th $186k 75th $130k 100th $101k 200th $54.5k 300th $38.1k 400th $29.5k 500th $24.2k 600th $20.6k 621st $20k
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