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Tournament Payout Structures, Eric Bush, 23. Aug 2002 08:33
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The following is a posting I made on RGP in response to making tournament payouts directly proportional to chip percentage at the final table. I received no responses to the idea, neither yea or nay.

Let me know if this is crazy or may be a viable option for tournament payouts.
Thanks.

I like the payouts based on chip percentage at the final table (or however
many spots will be paid), but how about taking it one step further.....

Let's say the tournament is small and will be paying 3 spots. When it becomes three handed the chip leader holds 60% of the chips, 2nd place holds 30% and third place holds 10% (for sake of argument). The total prize pool is $100.

Now the step further.... each finisher is paid his/her share, $60 to
first, $30 to 2nd, and $10 to third (based on percentage of total chips), but they keep playing on. Whoever knocks out another person gets a bounty bonus equivalent to %10 (or some percentage) of the person's prize money he knocked out.

Ex: 1st place (player A) takes on 3rd place (player C)in a hand and
knocks player C out of the game. PLayer A would get a bounty of 10% of player C's prize money (or $1). PLayer C would leave the tournament with a prize of $9. Players A and B would continue playing with the same opportunity to knock each other out and collect each other's bounty.

I am only thinking off the top of my head, but this should cause people to play somewhat aggressively to get to the money,and once there you would want to continue the aggressive play to knock people out and steal their bounties. I imagine this would work best with the more places you were able to pay.

What do you all think?

Eric B


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Re: Tournament Payout Structures, Roy Cooke, 23. Aug 2002 09:05
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I think that tournament payout are way to topheavy....This promotes deals amoungst the players during the tournment....high dollar prizes do create enthusiasm amounst players, but too many go broke.

I think the way you structure the prize fund would change strategy too much. But I agree there is need for adjustment.

Roy Cooke


on 23. Aug 2002 08:33 Eric Bush wrote:
> The following is a posting I made on RGP in response to making tournament
> payouts directly proportional to chip percentage at the final table. I received
> no responses to the idea, neither yea or nay.
>
> Let me know if this is crazy or may be a viable option for tournament
> payouts.
> Thanks.
>
> I like the payouts based on chip percentage at the final table (or however
> many spots will be paid), but how about taking it one step further.....
>
> Let's say the tournament is small and will be paying 3 spots. When it becomes
> three handed the chip leader holds 60% of the chips, 2nd place holds 30% and
> third place holds 10% (for sake of argument). The total prize pool is $100.
>
> Now the step further.... each finisher is paid his/her share, $60 to
> first, $30 to 2nd, and $10 to third (based on percentage of total chips), but
> they keep playing on. Whoever knocks out another person gets a bounty bonus
> equivalent to %10 (or some percentage) of the person's prize money he knocked
> out.
>
> Ex: 1st place (player A) takes on 3rd place (player C)in a hand and
> knocks player C out of the game. PLayer A would get a bounty of 10% of player
> C's prize money (or $1). PLayer C would leave the tournament with a prize of
> $9. Players A and B would continue playing with the same opportunity to knock
> each other out and collect each other's bounty.
>
> I am only thinking off the top of my head, but this should cause people to play
> somewhat aggressively to get to the money,and once there you would want to
> continue the aggressive play to knock people out and steal their bounties. I
> imagine this would work best with the more places you were able to pay.
>
> What do you all think?
>
> Eric B
>
>
>
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Re: Tournament Payout Structures, Eric Bush, 24. Aug 2002 11:28
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Roy, you're crazy :)
Seriously though, I appreciate the response. You may be right about it changing strategy, I just have a problem with all of the deal making. Ideally we need to continue to bring poker to the mainstream and build the tournament purses so that deal making need not be a consideration.

I'm hoping the World Poker Tour has some effect on this. I would like to see a telecast where the announcers not only talk about the play of the tourney, but also maybe have clips which include tips on strategy, or possibly discuss how poker is a skill game, and not just all based on luck.

I believe there are a lot of folks like me, average American Joe, who love to gamble, but hate the way the odds are stacked against you in casino table games. Anyone with any sense at all knows that you will lose in the long run playing any of the table games, or keno, or roulette, or anything where it's you against the house. If we could somehow make people more aware of the concept of +EV, and how it's attained in playing poker, we could possibly bring additional players into the game (although they may be pretty good players if they understand this concept).

Eric B.


on 23. Aug 2002 09:05 Roy Cooke wrote:
> I think that tournament payout are way to topheavy....This promotes deals amoungst
> the players during the tournment....high dollar prizes do create enthusiasm amounst
> players, but too many go broke.
>
> I think the way you structure the prize fund would change strategy too much. But I
> agree there is need for adjustment.
>
> Roy Cooke
>
>
> on 23. Aug 2002 08:33 Eric Bush wrote:
> > The following is a posting I made on RGP in response to making tournament
> > payouts directly proportional to chip percentage at the final table. I received
>
> > no responses to the idea, neither yea or nay.
> >
> > Let me know if this is crazy or may be a viable option for tournament
> > payouts.
> > Thanks.
> >
> > I like the payouts based on chip percentage at the final table (or however
> > many spots will be paid), but how about taking it one step further.....
> >
> > Let's say the tournament is small and will be paying 3 spots. When it becomes
> > three handed the chip leader holds 60% of the chips, 2nd place holds 30% and
> > third place holds 10% (for sake of argument). The total prize pool is $100.
> >
> > Now the step further.... each finisher is paid his/her share, $60 to
> > first, $30 to 2nd, and $10 to third (based on percentage of total chips), but
> > they keep playing on. Whoever knocks out another person gets a bounty bonus
> > equivalent to %10 (or some percentage) of the person's prize money he knocked
> > out.
> >
> > Ex: 1st place (player A) takes on 3rd place (player C)in a hand and
> > knocks player C out of the game. PLayer A would get a bounty of 10% of player
> > C's prize money (or $1). PLayer C would leave the tournament with a prize of
> > $9. Players A and B would continue playing with the same opportunity to knock
> > each other out and collect each other's bounty.
> >
> > I am only thinking off the top of my head, but this should cause people to play
> > somewhat aggressively to get to the money,and once there you would want to
> > continue the aggressive play to knock people out and steal their bounties. I
> > imagine this would work best with the more places you were able to pay.
> >
> > What do you all think?
> >
> > Eric B
> >
> >
> >
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