So how many people are attending the Inaugral US soil UBT Event? Anyone have an idea of the number attending yet? 25 people x 2,500 = 50,000 for two final tables = 25,000 prize. (WRONG DUH) 25 people x 2,500 = 62,500 = 31,250 prize pool - I stand corrected. I had originally had 20*2,500 but I figured that they'd get at LEAST 25 :joker:
Fred are you in the mood for a friendly bet on the number of players that will be attending the UBT Tour stop at the Palms? You seem to like that 25 player number :laugh: I might even let you double it and still make the bet with you. Joep
My bad - on the 25 Heck I just want to find a place to pre-register so that don't cancel like happened at the IP. Alas there is no where to register and no idea how big the prize pool, the number of entries, etc.... So many questions.... So few answers.....
So Fred will we be seeing you at the Palms among the players of over 100 creating a prize pool of at least 250,000 ? BTW not a bad projection considering there is another big tournament at the same time that players had to chose from. Joep
Interesting Joe I could swear you projected 400 players per event a few months back??? If you have 100 players and two final tables does that mean the 1st place pay is about 60K for a 2700$ buy in and your rate of expectation is 2% (1/50)?
Nope Barney lets do it again 100 players = 250,000 prize pool divided by two final tables = 125,000 With 7 players at the final table (don't forget the freeroll winners ) If the winner of the table gets 50% of the prize pool it's 62,500 for winners Now the odds of getting there are 2/102 = 1.96% Geez
Actually, the math looks a little different with the freeroll winners. With two final tables and 100 players, an average player has this chance of winning... 12/100 X 1/7 = 12/700 = 1.71% (That's 12 people advancing to final tables from 100 paid entrants, and each finalist has a 1 in 7 chance of winning the final table.) A 100 player event with 2 freeroll finalists is equivalent to a 116.7 player event with no freerollers.
Wow, thanks for correcting my math Ken - I'm losing it I was happy with a 1.96% but with a 1.71% of making it to the final table :yikes: Rando there will be ONE freeroll winner at EACH of the two final tables. So Joep what is the EV for this tourney please?
RE the freerolls: it would be most important to know if all players would be invited. Or is it only a selected few?
Barney why is it that you always seem to have a problem with math.There will be 12 spots out of 100 that have a positive rate of expectation which is equal to 12% and not 2%. You are only off by about 84% :joker: You should keep to the $1 tournaments until your math improves Joep
Joe I said specifically for 1st place, dont twist my words as you seem to always do. (altho those are nice odds you presented for final tables) Now, instead of doing the twist give us a true idea of the pay scales for your 100 player game at 2700$ buy in and two final tables. Also, will every player get a free roll? Like Barney!? No forget about me until you lower the buy in to 1$!
Barney, what freeroll are you talking about? We're talking about the PlayUBT.com winners who go straight to a final table at the Palms. Also, why are you asking about the payout at this tournament? It's based on the number of entries. Nobody can tell you what this event will pay until it's over. Then I'm sure you'll be able to get whatever information you want.
Sorry I saw you, Ken, said two freerollers and assumed there would be two free roll tables at the Palms. See its the two from the net who won their way to vegas. IM just curious on the payouts, if its 2700$ to buy in and the prize pool is cut in two that suggests about a $65K first place if there are 100 players. Barona is about $50K for 250$?
Yes, but at Barona less than 2% of the field will make the final table. At the Palms, assuming a 100 player field, 12% of the field will make the final table. So a player is 6 times more likely to cash at the Palms. If one of these events had a much higher tournament rake, or some other issue, then I can see these comparisons having value. Without that, your Palms bashing looks to me like some sort of perverse agenda. I don't get it. Using your same argument, perhaps you should stick to the state lottery. After all, a $1 ticket can win you millions.
Another Math Lesson Barona may have close to 300 players like they did for the last UBT Circuit event,maybe not since it not over the weekend like the last one in January. But based upon their last event numbers you will have a 1/300 chance to win the event.Others may have a smaller number to crack based upon skill. The Palms if based upon 100 players with 2 final tables you will have 1/50 chance to win the event for approx. 62,500 which is 12,500 more than the Barona event. Last time I checked 1/50 is about 6 times more appealing than 1/300 Unless of course you are bad with math :joker: Joep
Lottery/Mini Tournaments Speaking about buying a $1 lottery ticket to win millions.I heard that the players in Laughlin that buy lottery tickets on a daily schedule are known to be the best lottery tickets buyers that anyone has ever encountered.:laugh: Joep
