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Flatter Payouts

 
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Matt Savage
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PostPosted: Thu Apr 21, 2005 4:00 am    Post subject: Flatter Payouts Reply with quote

I flattened the payouts during the 2004 WSOP and took a ton of heat from the top
players. Most of the players however responded very positively, I was very happy
to see the Bellagio spread it out and all you have to do is be at one of those
events and hear the huge sigh and applause when the bubble player busts out to
understand that the majority loves a flatter payout.

Matt Savage

http://www.SavageTournaments.com


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jacksup
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PostPosted: Thu Apr 21, 2005 10:00 am    Post subject: Re: Flatter Payouts Reply with quote

Matt,

Why does there even have to be a bubble player? Take this Bellagio
tournament as an example. Instead of giving 51-100 $30k, why not give
51-70 $30k, 71-80 $25k, 81-90 $20k, 91-100 $15k, 101-120 $10k, and
121-140 $5k (or something like that)? Now there's no huge sigh because
the pay increases are much more gradual, and everyone can worry about
playing poker instead of insuring their place In The Money. I can't
imagine this would be all that difficult logistically. Players might
object at first to cashing and still losing money overall from the
tournament, but the more times this flatter structure gives them money
they wouldn't have won, the more they'll like it. And players that got
in via satellite will LOVE it (and we want to keep those players
happy).

If everyone hates finishing on the bubble, and everyone agrees bubble
time slows up the tournament and probably reduces the skill factor the
rest of the way as a result, I don't understand why there has to be a
bubble.

Having said all that, some of my biggest edge comes at bubble time, so
I'm personally OK with leaving the system as is.

Matt
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Prowler
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PostPosted: Thu Apr 21, 2005 2:00 pm    Post subject: Re: Flatter Payouts Reply with quote

The majority will always support what rewards the mediocre (I realize in this
case that is very relative as they are all top competitors, but the average
among them).  What prevents you from suggesting / utilizing a shootout format
and creating the payout level to match the winners at each table, with it
progressively increasing?



On Apr 20 2005 11:57 PM, Matt Savage wrote:

Quote:
I flattened the payouts during the 2004 WSOP and took a ton of heat from the
top
players. Most of the players however responded very positively, I was very
happy
to see the Bellagio spread it out and all you have to do is be at one of those
events and hear the huge sigh and applause when the bubble player busts out to
understand that the majority loves a flatter payout.

Matt Savage

http://www.SavageTournaments.com

If the cards ever break even -- I'm screwed




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Tanya AKA misst74
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PostPosted: Thu Apr 21, 2005 2:00 pm    Post subject: Re: Flatter Payouts Reply with quote

On Apr 21 2005 2:23 AM, jacksup wrote:

Quote:
Matt,

Why does there even have to be a bubble player?

There would always be a bubble player. Even in your example, if that was to
happen, 141st player out would be the "bubble". The only way to not have a
bubble player is to pay every single person who plays, however, then you would
have a bubble person for every single pay level.

Tanya


Take this Bellagio
Quote:
tournament as an example. Instead of giving 51-100 $30k, why not give
51-70 $30k, 71-80 $25k, 81-90 $20k, 91-100 $15k, 101-120 $10k, and
121-140 $5k (or something like that)? Now there's no huge sigh because
the pay increases are much more gradual, and everyone can worry about
playing poker instead of insuring their place In The Money. I can't
imagine this would be all that difficult logistically. Players might
object at first to cashing and still losing money overall from the
tournament, but the more times this flatter structure gives them money
they wouldn't have won, the more they'll like it. And players that got
in via satellite will LOVE it (and we want to keep those players
happy).

If everyone hates finishing on the bubble, and everyone agrees bubble
time slows up the tournament and probably reduces the skill factor the
rest of the way as a result, I don't understand why there has to be a
bubble.

Having said all that, some of my biggest edge comes at bubble time, so
I'm personally OK with leaving the system as is.

Matt



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jacksup
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PostPosted: Fri Apr 22, 2005 12:01 am    Post subject: Re: Flatter Payouts Reply with quote

Tanya and Balthasar,

Yes, there would still be a player who comes one person away from
making money. But if the difference between cashing and not is 0.2
buyins, that's quite different from a difference of 1.2 buyins. The way
it is now, players fight to make sure they get to the top 100 and then
there are no more pay increases for 50 spots. Here, there would be much
less reason to fight for 141st, as the pay increase from 140th would be
small, and there would actually be a significant difference between
51st (30k) and 100th (15k).

Matt
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Tanya AKA misst74
Guest





PostPosted: Fri Apr 22, 2005 1:01 am    Post subject: Re: Flatter Payouts Reply with quote

I see your point, but I will have to admit that I am not one of those people
that enter a tournament to win back .2 of my buyin. I bought in, it's money that
I am out, I consider it lost, UNLESS I can make it in the money, then I will
actually MAKE money and not just come out even after hours and hours of play.
(Or LIKE even with .2 return). Difference in opinions is all.

Tanya Peck


On Apr 21 2005 4:51 PM, jacksup wrote:

Quote:
Tanya and Balthasar,

Yes, there would still be a player who comes one person away from
making money. But if the difference between cashing and not is 0.2
buyins, that's quite different from a difference of 1.2 buyins. The way
it is now, players fight to make sure they get to the top 100 and then
there are no more pay increases for 50 spots. Here, there would be much
less reason to fight for 141st, as the pay increase from 140th would be
small, and there would actually be a significant difference between
51st (30k) and 100th (15k).

Matt



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A. Prock
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PostPosted: Fri Apr 22, 2005 2:00 am    Post subject: Re: Flatter Payouts Reply with quote

According to Tanya AKA misst74 <[email protected]>:
Quote:
I see your point, but I will have to admit that I am not one of those people
that enter a tournament to win back .2 of my buyin.

No one is, until they are short stacked on the bubble.

- Andrew

--
http://www.headsupclub.com/aprock/
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Guest






PostPosted: Fri Apr 22, 2005 2:00 am    Post subject: Re: Flatter Payouts Reply with quote

Matt Savage wrote:
Quote:
I flattened the payouts during the 2004 WSOP and took a ton of heat
from the top
players. Most of the players however responded very positively, I was
very happy
to see the Bellagio spread it out and all you have to do is be at one
of those
events and hear the huge sigh and applause when the bubble player
busts out to
understand that the majority loves a flatter payout.

Matt Savage

http://www.SavageTournaments.com


I can see that there's a positive side of this but I don't like it
overall. In my experience, admittedly at tournaments with buyins from
$200 to $1000, the time right at the bubble is the best time to build
ones stack. You are making life easier for the farmers and harder for
the bandits. If the sheep were supposed to kill wolves they would have
bigger teeth.

Will in New Haven

--

"The King with half the East at heel is marched from lands of morning;
His fighters drink the rivers up, their shafts benight the air,
And he that stays will die for naught, and home there's no returning.
The Spartans on the sea-wet rock sat down and combed their hair."
-- "Oracles," A.E. Housman
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[email protected]
Guest





PostPosted: Fri Apr 22, 2005 4:00 am    Post subject: Re: Flatter Payouts Reply with quote

I am a huge fan of the flatter payouts. Reduces the variance and
doesn't really have to impact the top payouts. It is the middle people
and the earlier out on the final table that have their paydays cut
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