Well 2008 is starting out pretty good for the TBJPA. I was just contacted to have the TBJPA run a $100,000 GUARANTEED prize pool tournament series up in Oklahoma. Once everything is finalized I will post the dates and location. I can tell you that they are taking about late February or early March for the event. Before I commit I want to checkout the tournament event calendar for any conflicts before set the dates. Keep your fingers crossed that these events happen and best of all they are open to all players with no qualifying, simply pay your entry fee.
Are you talking Cherokee in Tulsa? Just read that October, 07 would probably be the last open tournament. Merritt
Rick hasn't announced which Oklahoma casino, but I think it is safe to assume this is not about Cherokee.
TBA later Until the TBJPA completes the deal, no location will be disclosed. My above post was about getting contacted by the casino for a $100,000 blackjack tournament series and if we can work it out it will be open to all players using the TBJPA format and rules. The good news is they contacted the TBJPA after not talking to us since last summer. That tells me they are really interested in our events enough to have kept our information for that long.
100 Grand WOW- RICK THIS SOUNDS GREAT- WILL THIS BE A ONE TIME TOURNY OR ARE THERE TO BE A SERIES OF TOURNYS FOR THE 100 GRAND-EITHER WAY IS GOOD WITH ME DEPENDING HOW I DO ON THE CRUISE OK I ANSWERED MY ON QUESTION AFTER I REREAD THE POST
Little more information What was offered to the TBJPA is the following, (Please note we are just in discussion at this point and nothing is set). Four tournaments over 4 days. Entry fees and GUARANTEED add-on's: #1. $50 + $20 with $10,000 added to the prize pool. #2. $100 + $30 with $15,000 added to the prize pool. #3. $200 + $30 with $25,000 added to the prize pool. #4. $500 + $30 with $50,000 added to the prize pool. That is $100,000 added for the four tournaments, makes for four very nice overlay events. Now one thing I would like to change is take some of the add-on money and use it to award the top 5 players for the week instead of using it all for each tournament. I think it adds to the over all events. Hows something like this sound? Over all point leaders: 1st = $5,000 2nd = $2,500 3rd = $1,500 4th = $ 750 5th = $ 250 That would be $10,000 (10%) from the prize fund to award the top players, what do y'all think?
Outstanding Looks really good - I like the multiple events at multiple levels - so us low rollers can play the lower entry fees and the high rollers can play the final event - I also like the idea of rewarding the week's point leaders - if - all tournaments are considered equal - or at least weighted so that the $500 tourney winner doesn't automatically finish #1 - the over lay is very nice - of course - but would be worth doing something like this even without the added money
Equal points The only fair way of awarding points is to award equal points for equal number of rounds (times in which the player advances). So using this formula there is great chances that the lower entry fee events might award the high points due to more players in those tournaments. I don't believe that the entry should have any bearing on points awarded.
question Would These Tournaments Be Held Lets Say Friday-monday Or Would They Be During The Week Days?:d :d
While the idea of awarding a “Player of the Week” on the surface appears attractive – I for one would vote AGAINST having such a category. My reason is that this “penalizes” any and all players who either do not wish to play in all the events or those players who can not attend for an entire week of events. The money that would go toward this “point total” winners, should not be subtracted from the individual prize pool totals. Now, if the players wished to do a separate “side pot” where the money was above and beyond the daily tournament totals and possibly matched by the casino – I would not have a problem with that. However withholding money from each and every daily tournament, and in this case 10%, is an UNFAIR and UNJUST tax on players who simply want to play 1 event. Rick let us “assume” that you have 100 to 150 participants for any given tournament. How many of those players will be playing in each and every tournament? 50%? 70%? Well those players who are NOT playing in all the events are simply “subsidizing” the players who will be in all events and the current system is simply UNJUST.
Fred, it sounds like Rick is talking about allocating a percentage of the "Overlay" money to these player of the week bonuses. As long as it isn't a holdout from the 90% of the entry fees, there's nothing unfair about using the casino's bonus money to encourage things that the casino wants to encourage (specifically a long casino stay).
Thats correct Toonces Yes, that is what I am suggesting and saw no problem with this idea. After all the casino would be adding in extra money for all 4 events and the bonus awards.
OK Tournaments First I like the idea of these tournaments. This sounds like what the Kiowa Casino was talking about doing. The problem is with the locals. We are use to playing in $100-200000 tournaments for $50 optional. Even the Kiowa $10000 tournament was $25 and the Comanche $1mil $400 optional. And those everybody starts off the same. All we have to do is wait every three months and the casinos have to give the money away. All the weekly and monthly tournaments that go on in Oklahoma get the locals use to low entry fees. I still like the idea, but for many of the locals that have put a lot of money and time into the players pools they may not like the money going to the few that can pay $500. Even a $100 entry tournament at Red River failed with low turnout. The casinos around here make more money from lower fees and more entries than higher less entries (ie: 200+ paying $50 to 60-80 paying $100). It is just a fact of life for the majority of players out there. I would still try to attend work and time permitting. Goodluck Rick.
Then it needs to be worded SPECIFICALLY in such a manner that someone, like myself, who flies in for the final 2 events, does not feel "jilted" or taken advantage of that money from my entry fee was being used to subsidize a POW Rick after further thought about this 100,000 series have you thought about or discussed: 1. Making the entry fees simple and singular - for example instead of 50+20 simply 70? In this way it eliminates the possibility of players saying that the vig of the $10,000 is too high compared to the vig on the $50,000 2. With regard to the POW (Player of the Week) why not simply take whatever amount you deem necessary (I would suggest 5-8% rather than the currently suggested 10%) and create a separate category. A disclaimer to the effect that "players who participate in 3 of the 4 events are eligiable to compete for a $8,000 prize pool" then have the breakdown of the top 3 or top 5. 3. When you state that the casino would add the indicated money to the prize fund is that in addition to the entry fees or is that the total prize fund itself? 4. Rebuy fees? Would these go to the prize pool or would they simply go to offset the contribution that the host casino is adding to the prize pool? 5. A super-satellite event sandwiched in between the 200 & 500 event. Say $100 for a table of 6 with the winner of the table getting an entry into the $500 event and 2nd place receiving $100?
Rick... This whole thing sounds great, including your ideas about the player of the week. One of the things that really irks me, is all the nit-picking and yaking about your tournaments especially by people on this forum that don't even bother to show up to play. Case in point....the dozens of posts and the thousands of words written about your 10 stack rule mostly by members who I don't remember seeing at any of your tournaments. My advice....go with your instincts.
Thanks Fredguy Actually these events won't be TBJPA run events, but sancationed by the TBJPA like the Tulsa events were. Which means I'll be able to play in them since I'm not running or hosting them, YEA! The events are still in the planning stages and I suggested that the casino in question hold off until a little later date to hold these events. The purposed dates were only a little over a month away, (not much time to organize some successful events with $100,000 overlay). I was contacted by the casino table game manager today and told him and confirmed that the events will be put off for a little while. Both Swog and Themom82 were with me when he called. They also heard me telling the manager about offering out of town players discounts for pre-paying for all 4 events, and also comping rooms and food not only based on play, but when you pre-pay for the tournaments and how many you pre-pay for. This manager is really willing to make these events work and I am showing him what will draw in the players, but I'm making sure that with all that they are giving away, that the casino still profits from these events as well. I'm trying to make sure these tournaments are not a one time only event. Just think if done right having $100,000 overlay tournaments not once, but maybe a couple of times per year and may be more.
I've got an idea! Hey Rick, just set up the tournaments however you see fit with this particular casino and your contacts there. If any douche bags posting to your posts have a problem with the way you set it up, then they can put up with next tournamnent there and deal with the casino douche bag staff that you are having to deal with to get us an extra tournament going! Rick, get the tournament going, and I will be there! Everybody that has, or is, bitchen about Rick and his tournaments, I will be there and you can come talk to me then if you wish. The Landlord, not hard to find!
Officially placed on hold! The casino in question just made major changes in their management so the $100,000 add-on events have been placed on hold for the near future. Whats scary is that the new GM has no gaming back ground and more of a head hunter, which means cut cost, comps, and give-a-ways, which is all bad for the players. Lets just keep our fingers crossed and hope for the best.
Still alive... Just wanted to post that the TBJPA is still working on getting some bigger events with "GUARANTEES" scheduled in the future in hopes of drawing more players to our events.
