In reviewing the December play-by-play it looks like the final table payoffs go like this: 1st 44% 2nd 24% 3rd 15% 4th 9% 5th 5% 6th 3% __________ Total 100% It seems looking at % differential would be a better way to stay focused at the final table rather than being influenced by the actual $$$$.
But did you know? Oneeyedjack, did you know all semifinalists receive $200 per player and about $1,500 is kept out for payroll at the New Frontier tournament. It has been that way for years; most think it is 100% return. It is still one of the top tournaments around, in a poll taken last year it came in second only to the Las Vegas Hilton "Million Dollar Blackjack Tournament" as being the most popular blackjack tournament in the country. The format is my favorite, and by far the best for using strategy of any tournament; it is the top choice for experienced players. With a minimum of two players advancing from each table all the way through, the option of surrender, and a $100 maximum betting limit. It is one of the only tournaments I have ever played where you don’t have to catch great cards to advance, if you just play smart.
MY thought process is to isolate the final table payoffs. I am looking for any of them to come up with the ratios. I have just a handful to compare right now. Anyone know the final table payoffs to recent big events? Right now second place runs 23-26% of the final pool. Alot bigger variations for the other finishing places.
Since this thread title is 'Frontier Payoffs', here's the most recent Frontier final table split. The play by play is still on paper in my laptop bag, but it'll be posted soon. $27100 / $14780 / $9240 / $5545 / $3080 / $1850 And, there was a dealer tip pool taken from the fees, of $ 1255. That, plus the $200 paid to semifinalists who did not advance (9 of them I think), implies a total prize pool of $64650, including the dealer cut.
Top Heavy I don't believe the casinos have a set formula for tournament payouts. Most tournaments prize money is based on the number of players anyway and with a set percentage they would have to pay odd amounts. They usually just round the money down to whole numbers as close to the original prize structure as possible if the number of players are not reached. Another thing most of the casinos are bad about "Top Heavy" tournaments. They want that large 1st prize that tries to catch the player’s attention and most of the time does. If they really wanted to draw in the players they would set up a tournament that allowed the semifinalist to win their entry back and the finalist 1st - 6th to all make worth wild money. When I make a final table especially in a big tournament I would like to know I’d make at least $4,000 for 6th place (now it is normally $1,500 - $2,000). As a finalist I think you should make enough to cover all your expenses and still make a good profit. Here are three of the most popular tournaments around and an example that they’re are no set percentage for the tournaments, just what each casino wants to payout. Las Vegas Hilton - $1,000,000 (Open) $1,000 entry and need to qualify for finals in May. No reentries allowed, No cash value chips used. Guaranteed prize money 1st - $1,000,000 2nd - $ 40,000 3rd - $ 25,000 4th - $ 15,000 5th - $ 10,000 6th - $ 5,000 7th - $ 3,000 8th - 18th - $1,000 Stardust - $100,000 (semi-invitational) NOTE: February’s tournament was only $75,000 $350 - $375 entry plus $600 buy-in Live money, Reentries: $175 for first come first serve, $600 buy-in required with each reentry. Prize money Structure, based on 300 players. 1st - $100,000 2nd - $ 10,000 3rd - $ 5,000 4th - $ 4,000 5th - $ 3,000 6th - $ 2,000 7th - 18th - $200 New Frontier (Open) $300 entry, $300 buy-in Live money, reentries $150 with $300 buy-in per reentry. Prize money Structure, based on 180 entries and 120 reentries. Note: some taken out for dealers cost. 1st - $30,000 2nd - $15,000 3rd - $10,000 4th - $ 5,000 5th - $ 2,500 6th - $ 1,500 7th - 18th - $200 As you can see there is no comparison to percentage payouts in these tournaments.
