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why are 5050's against turbo players? Higher rake

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  1. WiserPenny WiserPenny is offline

    Crestview, FL
    United States

    Posts: 796
    Joined: May 07

    Feb 26th, 2011 (2/26/2011 11:56pm)

    Has anyone noticed this...

    $10 levels - all are the same i'm sure:

    Turbo DON: 10.40
    Non-Turbo DON: 10.80

    Turbo 5050: 10.48
    Non-Turbo 5050: 10.60

    Notice? Non-turbo players going from DONs to 5050 are getting a discount.... turbo players going from DON to 5050 are paying more?

    Why??? Why not keep a similar structure? It seems this is taking advantage of the higher volume that Turbo players are putting in on these tournaments...

    This is not an ANTI-5050 thread... just why are we getting charged a higher fee..... non-turbo players are getting a discount...
  2. mikechr23 mikechr23 is offline

    White Lake, MI
    United States

    Posts: 109
    Joined: Jan 07

    Feb 27th, 2011 (2/27/2011 10:34am) in reply to WiserPenny

    not sure if anyone knows the answer to this but i noticed that they are not paying out the entire prize pool... for ex. in the 5.24 5050 it pays $5 to the top 5 plus .16 per 100 chips so if my math is right they pay out $25 + $24 (.16*150)

    i understand that there could be no perfect way to distribute but they should maybe give the extra dollar to the chipleader, but it says nothing about this. just extra rake i guess...someone correct me if im missing something
     
  3. WiserPenny WiserPenny is offline

    Crestview, FL
    United States

    Posts: 796
    Joined: May 07

    Feb 27th, 2011 (2/27/2011 3:45pm) in reply to mikechr23

    Well I think you are just seeing the effect of rounding...

    Follow my example above... the 10's say they are paying out 0.33 for every 100 chips

    well they are really paying out 0.33333333333333333

    they even state it is to rounding...

    I ran my own calculator in Excel and input the information... it appears to be correct

    for the 5's it is 0.166666666666666
    Thread Starter
  4. sXeffects sXeffects is offline

    NC
    United States

    Posts: 1,769
    Joined: May 08

    Feb 27th, 2011 (2/27/2011 3:57pm) in reply to WiserPenny

    nvm I get it, I was looking at it wrong, that sucks.
    Edited By: sXeffects Feb 27th, 2011 at 03:57 PM
  5. whatsup whatsup is offline

    Angola

    Posts: 1,289
    Joined: Apr 10

    Feb 27th, 2011 (2/27/2011 5:07pm) in reply to sXeffects

    ya all the rounding down will cause a few cents to be lost every tourny, (another reason to lower the rake)
  6. WiserPenny WiserPenny is offline

    Crestview, FL
    United States

    Posts: 796
    Joined: May 07

    Feb 27th, 2011 (2/27/2011 5:18pm) in reply to whatsup

    Well I sent stars support an email and they forwarded it to their room management. If they respond, I'll be sure to post it here.

    I don't necessarily mind them changing the rake structure. What I mind is them raising it for turbos but lowering it for non-turbos. The ROI generated on Turbo DONs is low enough already. I'm certain that the ROI generated on 5050's won't be considerably higher. Increasing the rake by 0.8% makes a significant difference over time. And if they feel that it is justified to raise the rake due to payout structure, why did they lower it on non-turbos?
    Thread Starter
  7. MFT77 MFT77 is offline

    Canada

    Posts: 675
    Joined: Aug 08

    Feb 27th, 2011 (2/27/2011 5:58pm) in reply to WiserPenny

    Cmon PS, leave the DON's alone and keep them.

    No need to get rid of them.
  8. WiserPenny WiserPenny is offline

    Crestview, FL
    United States

    Posts: 796
    Joined: May 07

    Feb 27th, 2011 (2/27/2011 6:34pm) in reply to MFT77

    Though I understand your concern as you are a DON player, the fact that they are removing them is not my real issue. I understand they want to keep things fresh. The problem is they know how popular DONs are, especially the turbos, and are going to profit considerably over time due to the increase in rake.

    It is almost a socialist game, take from the turbos and give to the non.
    Thread Starter
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