Tournament Structures sbobet Good and Bad


Tournament Structures sbobet Good and Bad

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I’d made a rule for myself during my first beer. I would not under any circumstances play the nightly 11pm $225 sbobet second chance tournament. The little $10/$20 cash game was running just fine. Maria and her ex-beau were chatty as always. The dealers were in rare form. I stood to win a little money.

John the Omniscent Cocktail Dude appeared behind me like the Great Gazoo.

“Bud Light.” he said, picking up my empty and replacing it with a full one. I toked him as he walked away, took a slug from the bottle, and made a rule for myself. Unless I was up by $300 or more by 10:30pm, I would not play the 11pm $225.

“Bud Light.” The Great Gazoo was behind me again. Too few minutes had passed in the interim.

“John,” I said, “deliver my next one to Table 23. I’ll be in the $225.”

The $225

The $225 (aka The World Series of Poker nightly Second Chance tournament) sucked, and I don’t say that because I played it five times and never came close to cashing.

Okay, maybe that has something to do with it, but it still sucked.

Don’t get me wrong. It was a well-run tournament with good TDs and good dealers. The payouts were great. First prize was usually around $18,000. Not a bad payday.

But it started at 11pm. Even with gamblers hours, you have to quickly realize, the structure was going to be mercury-on-snot fast. Killing off a couple hundred players in a few hours meant the blinds moved so fast (every 20 minutes as I recall), a quick run to the bathroom meant you were likely going to miss half a level.

Of course, I’m an addict. I love tournaments, good or bad.

But, these days, I’ve started asking myself how -EV are the crapshoots and should we even bother playing them?

[Note: The following all pertains to live tournaments. We can discuss online structures another day. Plus, if I started talking about online structures, I’d start getting all shilly and pimpy. Second, I won’t be discussing major, big buy-in tournaments here. Finally, I’m no expert on tournament structures. I have a basic understanding and a bit of common sense that leads me to figure out what is good and bad. Feel free to tell me I’m an idiot.]

Ye Olde Bait and Switch

So, let’s piss off the casinos, shall we? Most casinos’ daily tournaments suck on ice. They can’t be blamed too much. Tournaments don’t offer them much in the way of good rake opportunity. To make it anywhere close to a profit-oriented venture, they have to bump up the juice so much that it makes it not worth your time.

Anyone who has been to Vegas once knows this. If you’re one of the people who have not yet tried it, be warned: The sole purpose of casinos offering tournaments is to get you in their poker room to play the cash games. They’ll ask if you want to sit in a cash game while you’re waiting for the tournament to start. They’ll let you register early if you’re sitting in a game. When you bust out, they will be there to ask if you’d like to sit down in a cash game. Again, there is nothing wrong with this little bait and switch. It’s marketing. It’s part of what I do for a living, so I can’t knock it. Nonetheless, like being in bed with a woman, it’s good to know why you’re there.

Paging Mr. S. Gonzalez

So, given that we know the casinos have little interest in tournaments outside of the cash game lure and the minute amount of juice they make, we can easily figure out what kind of structure is best for the casino. Fast. Speedy Gonzalez fast.

What is fast? Any live tournament with blind levels less than 30 minutes is too fast. Simple as that.

Many of the low buy-in tourneys in cardrooms these days have 20 minute levels. Some get as ugly as doing 15 minute levels. Twenty minutes is rough. Fifteen minutes is an insult to your intelligence.

In the day and age of television poker, the Hollywooders of the poker world routinely take too long to make a decision about whether to fold A6o to an under the gun raise. In most cases, you will get around the table one to one 1/2 times per level. That is insulting.

Now, again, I don’t blame the casino. If you asked, they told you how fast the levels would go, so it’s your fault not their’s. Nonetheless, like being in bed with a woman, speed is not a good thing.

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