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pokerwaldorf
Full House


Joined: 16 Feb 2010
Posts: 957

PostPosted: Wed Oct 13, 2010 8:24 pm
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Announcing the "Players Championship"

Sat 20th and Sun 21st November

10,000 Added

400 Player Cap, no alternates.
150 + 15 Buy in

Circus Casino
Star City
Birmingham
B7 5SA

Hosted by Mad Marty Wilson, so entertainment is guaranteed!

Loads of side games, sit n gos and cash games as demand dictates.

See you there!

Genting Players Championship
sevenagain
High Card


Joined: 17 Oct 2010
Posts: 2

PostPosted: Sun Oct 17, 2010 7:08 pm
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Hi Poker Waldorf,

Looks good. Couple of questions?

Can you qualify online for this? Or can I just turn up and pay on the day?

Cheers
OwenP
Straight Flush


Joined: 15 May 2007
Posts: 4424

PostPosted: Sun Oct 17, 2010 7:26 pm
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http://www.gentingpoker.com/bonuses-promotions/genting-poker-players-championship wrote:
Starting Stack

All players will receive a minimum starting stack of 8,000 chips. This can be boosted by 2,000 chips, up to 10,000. Simply play online here at Genting Poker and once you have raked just 5 youll have your starting stack boosted to 10,000. You can keep an eye on your daily rake on the Genting Poker Players Championship Race to 2K page. Qualifying period to generate 5 of rake is between 20th October and 19th November 2010.

Furthermore, any player who qualifies online, rather than buys in directly, will receive 10,000 chips.


So basically you have to sign up to some obscure poker site to buy in and rake 5 in order to get a 10K starting stack. And then you'll still only have half as many chips as players who qualified online. Sounds a bit gash TBH!
CelticGeezzeer
Two Pair


Joined: 23 May 2005
Posts: 97
Location: Island of Ireland

PostPosted: Sun Oct 17, 2010 7:59 pm
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OwenP wrote:
http://www.gentingpoker.com/bonuses-promotions/genting-poker-players-championship wrote:
Starting Stack

All players will receive a minimum starting stack of 8,000 chips. This can be boosted by 2,000 chips, up to 10,000. Simply play online here at Genting Poker and once you have raked just 5 youll have your starting stack boosted to 10,000. You can keep an eye on your daily rake on the Genting Poker Players Championship Race to 2K page. Qualifying period to generate 5 of rake is between 20th October and 19th November 2010.

Furthermore, any player who qualifies online, rather than buys in directly, will receive 10,000 chips.


So basically you have to sign up to some obscure poker site to buy in and rake 5 in order to get a 10K starting stack. And then you'll still only have half as many chips as players who qualified online. Sounds a bit gash TBH!


Its Gcasino on IPOKER, I don't think anybody starts with 20k but you are right it is gash(IPO styleee).

If I decide to go I will do the rake get the chips then boycott the site till next year, like I do with Boyles. Wink
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Indestructible
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Joined: 21 May 2005
Posts: 15760
Location: Final Table

PostPosted: Sun Oct 17, 2010 8:09 pm
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OwenP wrote:
http://www.gentingpoker.com/bonuses-promotions/genting-poker-players-championship wrote:
Starting Stack

All players will receive a minimum starting stack of 8,000 chips. This can be boosted by 2,000 chips, up to 10,000. Simply play online here at Genting Poker and once you have raked just 5 youll have your starting stack boosted to 10,000. You can keep an eye on your daily rake on the Genting Poker Players Championship Race to 2K page. Qualifying period to generate 5 of rake is between 20th October and 19th November 2010.

Furthermore, any player who qualifies online, rather than buys in directly, will receive 10,000 chips.


So basically you have to sign up to some obscure poker site to buy in and rake 5 in order to get a 10K starting stack. And then you'll still only have half as many chips as players who qualified online. Sounds a bit gash TBH!


Not saying you are wrong, but can't see where you got this bit from "And then you'll still only have half as many chips as players who qualified online". I can only see that you have a starting range of 8k up to 10k, where do you see anything that says others will have more? Confused
OwenP
Straight Flush


Joined: 15 May 2007
Posts: 4424

PostPosted: Sun Oct 17, 2010 10:29 pm
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Indestructible wrote:

Not saying you are wrong, but can't see where you got this bit from "And then you'll still only have half as many chips as players who qualified online". I can only see that you have a starting range of 8k up to 10k, where do you see anything that says others will have more? Confused


Read the last sentence:

Quote:
Furthermore, any player who qualifies online, rather than buys in directly, will receive 10,000 chips.


It is open to interpretation. I interpreted it to mean that anyone who won their seat online gets an additional 10K chips. You could also read it that the online qualifiers start with 10K so don't have to rake 5. It wouldn't take many more words in those terms to clarify the ambiguity.
Indestructible
Royal Flush


Joined: 21 May 2005
Posts: 15760
Location: Final Table

PostPosted: Mon Oct 18, 2010 6:59 am
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See what you are saying. I just took it that if you sat in you get 10k, but direct buy in is 8k with the possibility of making it up to 10k.
pokerwaldorf
Full House


Joined: 16 Feb 2010
Posts: 957

PostPosted: Mon Oct 18, 2010 11:53 am
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OwenP wrote:
http://www.gentingpoker.com/bonuses-promotions/genting-poker-players-championship wrote:
Starting Stack

All players will receive a minimum starting stack of 8,000 chips. This can be boosted by 2,000 chips, up to 10,000. Simply play online here at Genting Poker and once you have raked just 5 youll have your starting stack boosted to 10,000. You can keep an eye on your daily rake on the Genting Poker Players Championship Race to 2K page. Qualifying period to generate 5 of rake is between 20th October and 19th November 2010.

Furthermore, any player who qualifies online, rather than buys in directly, will receive 10,000 chips.


So basically you have to sign up to some obscure poker site to buy in and rake 5 in order to get a 10K starting stack. And then you'll still only have half as many chips as players who qualified online. Sounds a bit gash TBH!


Hi,

Not sure where you get half as many chips from?

If you qualify online you will start with 10k.
If you buy in online and generate just 5k of rake between 20th Oct and 19th November, you will start with 10k
If you buy in online and don't generate the rake you will start with 8k

No-one starts with 5k.

The maximum starting stack is 10k. The minimum is 8k.

The reason for the differential, is that we are adding 10,000 to the prize pool, which for a 400 runner, 150 + 15 event is great added value, an active, raking player is clearly more valuable to Genting Poker than someone who only signs up with the aim of entering the tournament.

I do not expect many players to start with 8k, as the value of playing a handful of SNG's for example, to generate 5 rake, is very good.

Hope this clarifies the matter!

I have informed our webmaster to update the pages so it is crystal clear (er).

Thanks
pokerwaldorf
Full House


Joined: 16 Feb 2010
Posts: 957

PostPosted: Mon Oct 18, 2010 12:08 pm
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CelticGeezzeer wrote:
OwenP wrote:
http://www.gentingpoker.com/bonuses-promotions/genting-poker-players-championship wrote:
Starting Stack

All players will receive a minimum starting stack of 8,000 chips. This can be boosted by 2,000 chips, up to 10,000. Simply play online here at Genting Poker and once you have raked just 5 youll have your starting stack boosted to 10,000. You can keep an eye on your daily rake on the Genting Poker Players Championship Race to 2K page. Qualifying period to generate 5 of rake is between 20th October and 19th November 2010.

Furthermore, any player who qualifies online, rather than buys in directly, will receive 10,000 chips.


So basically you have to sign up to some obscure poker site to buy in and rake 5 in order to get a 10K starting stack. And then you'll still only have half as many chips as players who qualified online. Sounds a bit gash TBH!


Its Gcasino on IPOKER, I don't think anybody starts with 20k but you are right it is gash(IPO styleee).

If I decide to go I will do the rake get the chips then boycott the site till next year, like I do with Boyles. Wink


It's not G Casino. Genting Poker is operated by Genting, the world's largest gaming company. We are the biggest casino operator in the UK, with Circus, Mint and Maxims casinos across the UK, in addition to our London casinos, Palm Beach, Maxims Club, Crockfords, Colony Club and London Mint.

Genting owns 46 casinos in the UK, plus several casinos in Asia, including the recently opened Resorts World Sentosa, which cost a cool $5b to build. Genting has significant stock in other gaming businesses across the world, and has just won the licence to operate the Casino at the Aqueduct Race Course in NY.

We are on iPoker, and yes it is IPO styleee, however, we think it is fair value and lets face it, 5 of rake is nothing in terms of what players have got to do.

With regard to raking and then boycotting, that's absolutely fine, I'm sure a number of players will choose to do that.

If you do decide to play CelticGeezzeer, I'll buy you a pint!

Good luck.
BobDaGod
Straight


Joined: 03 May 2005
Posts: 457

PostPosted: Mon Oct 18, 2010 12:11 pm
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400 players with 15 fee is 6k, so only really adding 4k, or 10 per person, if it fills. to avoid being at a disadvantage you have to spend pay 5 in rake and for that whopping 5 of value left for you, you had to spend an hour or two of your time online paying the rake. not really such great value, would have thought the casino would be happy to get hundreds of people into the b&m venue without messing around with the online nonsense.
pokerwaldorf
Full House


Joined: 16 Feb 2010
Posts: 957

PostPosted: Mon Oct 18, 2010 12:20 pm
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Bob, it is what it is.

The casino also has to pay for dealers, extra table hire etc etc. Believe me, although it is not my area of expertise, I know enough about the costs for hosting poker tournaments, to know it isn't cheap.

Your maths for example, doesn't take into account tax or duty.

The 10,000 is being added specifically by Genting Poker, not by Circus Casino Star City, and as such Genting Poker needs to ensure that it gets a decent return on that investment.

The event is being funded by an online poker room, hence the reason we've got the online 'nonsense' as part of it.

We know that some players will hate it, in the same way as some players hate the IPO structure, but we believe ours is slightly easier to attain, and offers better value. (10k and 400 players, rather than 20k and 1500 players).

That's not to criticise the IPO, it is a brilliant tournament, and once we have clearly taken a lead from in planning this event.

There are also dozens of qualifying opportunities, including free opportunities, so players have the widest possible choice as to what direction they wish to take.

Hope to see you in Birmingham on 20th!
dry 'em
Trips


Joined: 01 Dec 2005
Posts: 119

PostPosted: Mon Oct 18, 2010 3:39 pm
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Proof that you can never please poker players, and in particular ones that post on forums. But certainly well done for trying.

Pretty much every tournament in the world charges a registration fee. Hardly any give anything back. You run a tournament where you give back 10k in added value back in a 150 event and someone says "but you're taking a registration fee"

Poker is not how it was 5 years ago. Sponsored player's don't get given 100k and wished good luck, they have to be justifiable business expense ie have to rake on their site/sign up players. The same is with stuff like this. An online poker site adds 10k to a prizepool and is able to do so by creating a system that might generate a few sign ups for them

Hats off to Genting for adding money to tournaments like this. I'd suggest anyone who really objects to having to open an online account and play a couple of hands in order to benefit fully from such a good promotion is likely not someone worth worrying about, as they will soon jump ship to someone offering them 1% higher rb in any case...
OwenP
Straight Flush


Joined: 15 May 2007
Posts: 4424

PostPosted: Mon Oct 18, 2010 4:57 pm
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BobDaGod wrote:
400 players with 15 fee is 6k, so only really adding 4k, or 10 per person, if it fills. to avoid being at a disadvantage you have to spend pay 5 in rake and for that whopping 5 of value left for you, you had to spend an hour or two of your time online paying the rake. not really such great value, would have thought the casino would be happy to get hundreds of people into the b&m venue without messing around with the online nonsense.


The min rake thing is a bit lame, considering you have to sign up and deposit anyway to register. But the rest of your post doesn't make much sense. You'd have to pay vig to play any live tournament in a casino. 15 isn't bad really considering that for random 20 donkaments at Grosvenor you have to pay 5 vig plus 5 cardroom charge (for a shitty self-deal event too!). As far as I'm concerned it's a legitimate added 10K. Just a shame the registration system is kinda crappy.

BTW thanks for clearing the starting stack issue up. I read it that people who won a seat online would get 10K chips plus an additional 10K for qualifying online. It seems fine now. Not looked at the structure though, heh. Still put off by having to jump through hoops for a proper starting stack.
pokerwaldorf
Full House


Joined: 16 Feb 2010
Posts: 957

PostPosted: Mon Oct 18, 2010 5:18 pm
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No worries, we've updated the websites also so it is clearer, thanks for pointing out the ambiguity.

Hope to see you there...you'll probably end up winning it!
Pilf
Full House


Joined: 17 Aug 2005
Posts: 1234
Location: Good old Yorkshire

PostPosted: Tue Oct 19, 2010 3:32 pm
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Am free that weekend so think I may well come down and play.
Looks like a really good event, I'm assuming 40-45 minute blinds with fairly standard structure? Is there a copy of the structure online as it might make a difference to me a) coming and b) staying down in Birmingham. Cheers
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