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Cereus "Donkament" = bad value?

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  1. calebku33 calebku33 is offline

    Athens, GA
    United States

    Posts: 465
    Joined: Oct 07

    Jul 28th, 2009 (7/28/2009 8:05pm)

    I looked at the new 50k Guaranteed "Donkament" where the buyin is 10k points (no cash buyin available)...It's a great way for Cereus to offer what looks like something cool...yet get some EV back from the customers...

    This is unlike other guarantees in that when the guaranteed pool is surpassed by the value of the actual paid entries, the pool does not continue increase with the number of entries. It stays at 50k.

    With the cash for points program, you can get 7 bucks per 1000 points. Your 10,000 points are obviously worth 70 bucks...So if 715 people enter the tournament, Cereus wins and customers lose.
  2. cubsfan2k cubsfan2k is offline

    Peoria, IL
    United States

    Posts: 45
    Joined: Jan 06

    Jul 28th, 2009 (7/28/2009 9:27pm) in reply to calebku33

    see the Turbo Takedown on stars, that prize pool never goes up.
  3. pharreal87 pharreal87 is offline

    Posts: 3,589
    Joined: Apr 08

    Jul 28th, 2009 (7/28/2009 9:31pm) in reply to cubsfan2k

     
    Originally Posted by cubsfan2k View Post

    the turbo take down on stars is of great value to the customers when it continues to have a 2k fpp buy in like it has lately

    fyp
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