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"Guaranteed" Tourneys on Dise

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  1. pokerploppy pokerploppy is offline

    Posts: 21
    Joined: Apr 06

    May 5th, 2006 (5/5/2006 2:44pm)

    I was just curious if anyone else has noticed the fake guaranteed tourneys on dise. They claim to have a guaranteed prize pool. What they don't tell you, unless I missed the fine print, is that the only thing guaranteed is the buy in pool. Which of course, they take their 9% from. So the prize pool rarely ever meets the guarantee in the large tournaments. For example, the 150k guaranteed last weekend only paid out $137,956 ($151,600 buy in pool - 9%) I attempted to write them to find out their explaination for this, but just got the runaround and flat out lied to. Has anyone else contacted them about this, or have any thoughts on the matter?
  2. Dman1022 Dman1022 is offline

    Oakton, VA
    United States

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    Joined: Jun 05

    May 5th, 2006 (5/5/2006 2:45pm) in reply to pokerploppy

    That's how Paradise does all of their tournaments. They don't charge an additional fee like every other site. That's just the way it's always been. It still works out either way.
  3. pokerploppy pokerploppy is offline

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    May 5th, 2006 (5/5/2006 2:48pm) in reply to Dman1022

    It really doens't work out the same. Most sites for rebuy tourneys take the buy in plus a flat entry fee on the first buy in, then all rebuys go to the prize pool. On dise, they take 9% of all rebuys as well. The rake ends up killing the pool much more than any other site.
    Thread Starter
  4. platinument platinument is offline

    Cranberry Twp, PA
    United States

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    Joined: Oct 05

    May 5th, 2006 (5/5/2006 3:20pm) in reply to pokerploppy

    Ok then complain so we can pay $200+ 15 instead of just $200, it's still the same.
  5. cjm cjm is offline

    United States

    Posts: 1,499
    Joined: Dec 05

    May 5th, 2006 (5/5/2006 3:24pm) in reply to platinument

    Well right now your paying 182+18.
  6. pokerploppy pokerploppy is offline

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    May 5th, 2006 (5/5/2006 3:29pm) in reply to platinument

    This isn't really a tough concept to understand....just simple math. It isn't the same. On dise in a $200 buy in, $182 goes to the prize pool and $18 goes to the house. Unlike a $200 + $15 where $200 goes to the pool and $15 to the house. But, this isn't even the issue here. I'm talking about the tournaments that GUARANTEE a certain PRIZE pool. The guarantee says that is how much money will be paid out in prizes, but this just isn't the case if the buy in pool isn't atleast 9% about the guarantee.
    Thread Starter
  7. ShortStack3 ShortStack3 is offline

    NE
    United States

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    May 5th, 2006 (5/5/2006 3:48pm) in reply to pokerploppy

    I understand what your sayin, they guarantee the prize pool but it's not really what they pay out because of the rake...they are kinda screwing people.

    It reminds me of when UltimateBet would guarantee their prize pools and the guarantee wouldn't be met and the tourny would get canceled.
  8. BeL0WaB0Ve BeL0WaB0Ve is offline

    Forest Park, IL
    United States

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    May 5th, 2006 (5/5/2006 3:53pm) in reply to ShortStack3

    There format sux for rebuys, but I dont think they will ever change. The freezeouts are not that big of a deal really, but having every rebuy raked really takes away from the payouts.

    BeL0W
    12
  9. Ari Ari is offline

    Toronto
    Canada

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    May 5th, 2006 (5/5/2006 4:06pm) in reply to pokerploppy

    u are 100% correct CP, If the prizepool is guaranteed a certain amount, it should pay that amount to the players, both UB and Dise (for very different reasons) are not acting appropriately in this regard.

    No other site taxes our rebuys, by having a rake both on the initial buyin, the rebuys and the addon. That simply is too much. There are currently sites with 0 rake, this is simply unacceptable in the current market.
    155 21
  10. ActionJeff ActionJeff is offline

    Boston, MA
    United States

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    May 5th, 2006 (5/5/2006 4:19pm) in reply to Ari

    this is a very good point. On the other hand, I cannot resist these $100r tournaments =(

    I doubt they will change their rebuy format any time in the near future, but maybe they could be honest with the guarantees!
    1
  11. VAMAN14 VAMAN14 is offline

    Haymarket, VA
    United States

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    May 5th, 2006 (5/5/2006 4:20pm) in reply to Ari

    I snet htem an email about this and they stated that they take 9% off the top and the only thing that is guarnteed is the buy in pool. I argued but got no where. If it says 150K guarntee then that is what it should be 150K guarnteed prize pool. Here is their explanation for the way it works. if it is a 150K guarnteed tourney, and 140K is the buy in amount they then take 9% off of the 140 and add 10K to the prize pool. That is what was explained to me. Not right but that is the way they do things.
  12. Anbessa Anbessa is offline

    CA
    United States

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    May 5th, 2006 (5/5/2006 4:31pm) in reply to Ari

    Yes I agree, any rebuy that is played at dise, is just costing moremoney than the industry standard (just juicing the inital buyin)....its similar to paying an extra 10% rake at a cash game, and justdoesnt make sense to me....Since they already get cheap on the lowerbuy in rebuys only giving 12 min per level, this rake gouging iskeeping me from playing the only rebuy i would really play at dise(33r)....oh well no biggie, the blind structure is kinda screwyanyways....just have to keep my business w/ the companys that provide afair product.

    P.S. Just think of the rake in the 100r and 200r, OUCH
    1
  13. PuertoKid PuertoKid is offline

    El Puerto De Santa Marķa
    Spain

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    May 5th, 2006 (5/5/2006 4:41pm) in reply to Ari

    I've heard that party takes juice on the rebuys too. Is that not true?
  14. Willrr Willrr is offline

    Riverside, CT
    United States

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    May 5th, 2006 (5/5/2006 4:51pm) in reply to PuertoKid

    Absolute takes 9% as well, I don't know if this is true on the rebuys tho but if I remember correctly it is.
     
  15. timzc1 timzc1 is offline

    Vancouver
    Canada

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    May 5th, 2006 (5/5/2006 5:04pm) in reply to Willrr

    I love DISE and (used to?) consider it my home base, but now that I play at stars... it is tough to imagine going back.

    (and not just for these rake issues: my 5-10$ mtt at DISE with their 10 min blind levels trained me to play far more donkish post flop late into tournies, and now with a slower 15 min lev at stars, my ROI is saying a big TY!)

    --tc
  16. pokerploppy pokerploppy is offline

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    May 5th, 2006 (5/5/2006 6:37pm) in reply to ActionJeff

    It's a tough site to get away from. The donkey/player ratio is so high.
    Thread Starter
  17. Peeig Peeig is offline

    Chicago, IL
    United States

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    May 6th, 2006 (5/6/2006 1:50am) in reply to timzc1

    timzc..........gotta agree with you bro...............I pulled all my money from Dise because the $5 and $10 tourneys are ridiculous............I do much better on sites that have a better structure, and I am not coming back to dise until they change the $5 and $10 to a min of 12 min levels.......preferably 15 min levels.
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