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View Poll Results: Are you going to play in the CPT Finals and try to be the next champion ? | |
Yes
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No
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Maybe
|    | 0 | 0% |
Jan 17,2011, 09:15 PM
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#1 | | Full PFC Member
Join Date: Jan 2011 Location: Calgary
Posts: 10
|  CPT Finals
This is going to be a great tournament. Anyone on here going? 
Good luck to all those who participate (including myself of course)
Last edited by CPT; Jan 22,2011 at 05:17 PM.
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Jan 17,2011, 09:57 PM
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#2 | | Full PFC Member
Join Date: Jan 2009
Posts: 37
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Question: For the top 100 players who get in free or cheaper - is it safe to assume that the CPT organization is contributing the subsidized portion into the prize pool? And the $50,000 added to the prize pool is on top of that?
So the CPT is putting in:
$50,000 (added to prize pool)
$50,000 (for players 51-100)
$60,000 (for players 11-50)
$20,000 (for the top 10)
=$180,000
I find that hard to believe.
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Jan 17,2011, 11:11 PM
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#3 | | Full PFC Member
Join Date: Jan 2011 Location: Calgary
Posts: 10
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The $50,000 added will be in the form of buy ins to specific CPT sanctioned events in 2011.
Last edited by CPT; Jan 20,2011 at 09:39 PM.
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Jan 18,2011, 05:50 PM
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#4 | | Full PFC Member
Join Date: Jan 2009
Posts: 37
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If that's the case - what a horrible buyin format.
Why in the world would anyone want to buy into a tourney for $2000 when there are:
1) 10 players who are playing for free and not contributing anything into the prize pool.
2) 40 players who are only contributing 25% into the prize pool compared to the $2000 buyin
3) 50 players who are only contributing 50% into the prize pool compared to the $2000 buyin
This is a terrible format and there's zero incentive for anyone outside of the top 100. Really, depending on attendance - why would anyone other than the top 10 want to play?
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Jan 18,2011, 06:18 PM
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#5 | | Inhumano Forboon! | Quote:
Originally Posted by doctorgonzo  If that's the case - what a horrible buyin format.
Why in the world would anyone want to buy into a tourney for $2000 when there are:
1) 10 players who are playing for free and not contributing anything into the prize pool.
2) 40 players who are only contributing 25% into the prize pool compared to the $2000 buyin
3) 50 players who are only contributing 50% into the prize pool compared to the $2000 buyin
This is a terrible format and there's zero incentive for anyone outside of the top 100. Really, depending on attendance - why would anyone other than the top 10 want to play? | what other people pay has nothing to do with what you are expected to win....... 
__________________
I think I'll just get it in bad here and chalk it up to variance.
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Jan 18,2011, 06:43 PM
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#6 | | #bonking
Join Date: Nov 2004 Location: South Bay, California
Posts: 5,938
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Sounds terrible if you aren't in the top 50 or maybe 100. Basically, the pot is being shorted BIG TIME.
How does the CPT point system work? Is it your top x # of finishes or is it a total of every tournament played?
__________________
That level 5 trap really paid off...ship him the cookies.
Last edited by GTA Poker; Jan 18,2011 at 06:47 PM.
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Jan 18,2011, 06:45 PM
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#7 | | Full PFC Member
Join Date: Dec 2010 Location: Oakville
Posts: 85
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Tell me how many people are in it total, and the final prize pool. Ill make my judgments then.
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Jan 18,2011, 07:48 PM
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#8 | | Full PFC Member
Join Date: Aug 2004
Posts: 2,825
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wow I was under the impression that the discount was just a discount and the cpt was covering the difference. Theres no way I would buy into this thing.
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Jan 18,2011, 07:55 PM
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#9 | | Inhumano Forboon! | Quote:
Originally Posted by actyper wow I was under the impression that the discount was just a discount and the cpt was covering the difference. Theres no way I would buy into this thing. | i thought that too..... 
__________________
I think I'll just get it in bad here and chalk it up to variance.
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Jan 19,2011, 01:13 AM
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#10 | | Full PFC Member
Join Date: Jan 2011 Location: Calgary
Posts: 10
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the prize for 1st place is 25k (FROM THE BONUS 50k added) + the percentage for 1st from the buy-ins.Just thought Id share the event on here  (Being my first post and all) 10% of field gets paid - 20,000 starting chips and one hour blinds makes for lots of play
Last edited by CPT; Jan 20,2011 at 10:13 PM.
Reason: To avoid confusion
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Jan 19,2011, 03:18 AM
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#11 | | #bonking
Join Date: Nov 2004 Location: South Bay, California
Posts: 5,938
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Originally Posted by CPT the prize guaranteed to 1st place is 25k + the percentage for 1st for the buy-ins. I will post an estimate to how many are going to turn out within a few days. The 50k added to pot is bonus no matter how many turn up. Bonus if its a shorter field to get thru tfor a chance to win a magazine cover, profile story, 25k for first and a ring. Just thought Id share the event on here (Being my first post and all) 10% of field gets paid - 20,000 starting chips and one hour blinds makes for lots of play.(my opinion) | This is a joke. Right? 2k BI with 100 is a 200000 prize pool and your guarantee is 12 percent for first? Wtf. Get some new people in charge this is the worst setup ever.
Edit -- I misread this on my phone. I thought you were saying guarantee to first is 25k, but that is on top of the tourney pool. Still a terrible deal IMO as the pot is still way short.
__________________
That level 5 trap really paid off...ship him the cookies.
Last edited by GTA Poker; Jan 19,2011 at 10:01 AM.
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Jan 19,2011, 09:41 AM
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#12 | | Full PFC Member
Join Date: Jan 2011 Location: Calgary
Posts: 10
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using your example, standard tournament payout is about 24% to first isn't it? Anyways I am playing it I am just a player posting an event. I might give Deerfoot a call later and find out more. Started playing tournament poker only last year and still am new
Last edited by CPT; Jan 20,2011 at 10:14 PM.
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Jan 19,2011, 09:49 AM
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#13 | | Full PFC Member
Join Date: Aug 2004
Posts: 2,825
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You should signup again using a different username so people don't get confused or you aren't misleading.
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Jan 19,2011, 07:28 PM
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#14 | | Full PFC Member
Join Date: Jan 2009
Posts: 37
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Originally Posted by darbday what other people pay has nothing to do with what you are expected to win....... | WTF? Seriously? Do you understand the concept of a poker tournament? What other people pay into the prize pool absolutely affects what you can potentially win.
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Jan 19,2011, 09:22 PM
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#15 | | #bonking
Join Date: Nov 2004 Location: South Bay, California
Posts: 5,938
| Quote:
Originally Posted by CPT I am just a player posting an event. | I find this difficult to believe
__________________
That level 5 trap really paid off...ship him the cookies.
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