Steps on Stars

[mikeJ]

I would prefer if they changed the payout for step 4.

Instead of giving a ticket to Step 2 for 6th, pay out $27.
I am going to start @ Step 3, and I'm sure a lot of the higher stakes players will be starting @ 3/4/5. Getting looped back to step 2 or step 1 would suck when we don't want to spend time playing $27/$7.50 sngs.

[NoahSD]

Furious, they won't.

Bryan,
I hope you guys will have a few options for what to do with credits after PCA sats end. There are lots of events that I can't attend because I'm a student, so just rolling them over to MC or something wouldn't work for me. I'm sure a lot of other people are in the same position.

[PocketBeats]

[ QUOTE ]
Furious, they won't.

Bryan,
I hope you guys will have a few options for what to do with credits after PCA sats end. There are lots of events that I can't attend because I'm a student, so just rolling them over to MC or something wouldn't work for me. I'm sure a lot of other people are in the same position.

[/ QUOTE ]

I am in the same position as you and I would also like to see another option.

[PujolsOfPokr]

I think this new steps system is a great idea. Softens up the fields a bit for some higher stakes SNGs.

Like mikeJ said I wish that in the Step 4 tourney the payout for 6th place would be something other than a Step 2 ticket. I plan on starting out either at Step 3 or Step 4, and would rather not have to play a $27 Satellite if not necessary.

My only other main suggestion is regarding Step 6. I think that 4th (and maybe 5th too) should pay out something, even if it is just money back, in the form of a Step 6 ticket. The way it is right now, there will be a new person on suicide watch every time one of the Step 6 SNGs gets completed - the guy who got 4th.

[ASPoker8]

I just Played 6 Step 2's and 2 Step 3's

Step 2's
4 wins
1 re-do
1 loss

Step 3's
1 win
1 re-do


lol so soft

[kyleparks]

[ QUOTE ]
I just Played 6 Step 2's and 2 Step 3's

Step 2's
4 wins
1 re-do
1 loss

Step 3's
1 win
1 re-do


lol so soft

[/ QUOTE ]

i see you regged for a 82$

7.5$ - won
27$ - 1 redo then won.

SOOOOOOOOOOOO SOFT

[Dr_Chris]

Be warned that any steps type tournament where rake is taken at every step generates a tremendous amount of rake, so while step 1 is advertised as $7 + 0.5 it is really a $4.55 + 2.95 tournament.

For every final level 6 game there has to be 1071 level 1 games with 9639 players, 1071 have tickets from level 6, 310.5 have tickets from level 2 and 8257.5 buy in directly.
8,257 players pay $7.50 or $61,927 that is distributed as 3 12k packages and $1,606 to the 4th place finishers in step 1, while Stars keep the remaining 24k as rake.
Compare this to a 33r with 133 players that take 1 rebuy and 1 addon to generate a prizepool of 12k and $400 rake.

Stars doesn’t have to collect rake on every level, Primas Rounders system is a good example that takes 10% rake irrespective if you enter on the first level or the last.


Chris

[LearnedfromTV]

[ QUOTE ]
Be warned that any steps type tournament where rake is taken at every step generates a tremendous amount of rake, so while step 1 is advertised as $7 + 0.5 it is really a $4.55 + 2.95 tournament.

For every final level 6 game there has to be 1071 level 1 games with 9639 players, 1071 have tickets from level 6, 310.5 have tickets from level 2 and 8257.5 buy in directly.
8,257 players pay $7.50 or $61,927 that is distributed as 3 12k packages and $1,606 to the 4th place finishers in step 1, while Stars keep the remaining 24k as rake.
Compare this to a 33r with 133 players that take 1 rebuy and 1 addon to generate a prizepool of 12k and $400 rake.

Stars doesn’t have to collect rake on every level, Primas Rounders system is a good example that takes 10% rake irrespective if you enter on the first level or the last.


Chris

[/ QUOTE ]

You are looking at this wrong. There is no difference between entering a step tournament and taking the winnings to the next step tournament and doing the same with regular tournaments.

Play 20 $50+5 tournaments, costs $1100, you win $1200. You've paid $100 in rake on the original $1100. Now reinvest in 10 $110+10s, win $1600. You pay another $100 in rake, $200 total. Then play 5 $300+20s, win $1650. Another $100 in rake, $300 total. Now reinvest the $1650 in 30 $50+5s, pay another $150 in rake, Etc.

By the method you're using to evaluate the Steps rake, you've paid $450 in rake on the original $1100, and will continue paying more as long as you reinvest your winnings.

There's no difference, other than that you are forced to play the next tournament when you play steps, but you know that going in.

It makes sense that someone playing a $215 tournament, a $700 tournament, and a $2100 tournament will pay more rake than someone who plays a $2100 only.

[pa3lsvt]

[ QUOTE ]
I just Played 6 Step 2's and 2 Step 3's

Step 2's
4 wins
1 re-do
1 loss

Step 3's
1 win
1 re-do


lol so soft

[/ QUOTE ]

LOL, the donkey that knocked you out of the Step 3 this morning (22>AQ) knocked me out as a redo when JJ<A8, him calling my shove over his preflop raise.

So yes, super soft so far.

[BillyBizzle]

[ QUOTE ]
There is no difference between entering a step tournament and taking the winnings to the next step tournament and doing the same with regular tournaments.

[/ QUOTE ]
Other than you can stop whenever you want and take the money when playing normal tournaments.