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#12
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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#14
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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#15
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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#16
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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#17
07-10-2007, 12:34 AM
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Re: Flatter Payout.... How Disgusting is it?
[ QUOTE ]
$500k for 9th seems like bs for 10 days of sweat! [/ QUOTE ] lol. you've never had a job, have you? [img]/images/graemlins/smile.gif[/img]
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#18
07-10-2007, 12:37 AM
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Re: Flatter Payout.... How Disgusting is it?
[ QUOTE ]
[ QUOTE ] $500k for 9th seems like bs for 10 days of sweat! [/ QUOTE ] lol. you've never had a job, have you? [img]/images/graemlins/smile.gif[/img] [/ QUOTE ] i part-timed as a cook back in college. that's about it.
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#19
07-10-2007, 12:39 AM
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Re: Flatter Payout.... How Disgusting is it?
[ QUOTE ]
yeah, it's horrible. No rhyme or reason I can see to the strange increments of increase in the final 9. Also, why bother paying 20K as a minimum prize when so many sattellite in in the first place. For most, just getting the 10K back is a payday. [/ QUOTE ] Agree, minimal rhyme or reason I can see anywhere. 1.5x is plenty for the post-bubble people, and WTF with the random number increments elsewhere? Final table==$1M is a sweet idea, and was quite doable. In Harrah's/whoever's defense, there was huge uncertainty about the number of entrants. But this structure still seems wack.
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#20
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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