Golden nugget

Discussion in 'Blackjack Events (USA)' started by johnr, Sep 13, 2017.

  1. johnr

    johnr Member

    I am planning going to nugget tournament Sept 29 but seems like to high entry $500, any thoughts?
     
  2. The_Professional

    The_Professional Active Member

    It is too high considering that rebuys are also $500 each. Add to that that now you can buy $50 Mulligan chip on every round that is only valid on that round, then the cost becomes $750 if you advance every round with no rebuys. Players can buy a seat in the quarter final or semifinal for 3 or 6K, respectively. These are the recent rules I read somewhere, someone can correct me if needed.
     
  3. Moses

    Moses Active Member

    The mulligan is available only for round one.
     
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  4. johnr

    johnr Member

    Thanks, I am leaning towards not participating.
     
  5. The_Professional

    The_Professional Active Member

    Is that still the case? I read on VIP host website it said that the Mulligan is now available all rounds and marked it as "new". Were you there last time?
     
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  6. The_Professional

    The_Professional Active Member

    Here what I saw:

    Mulligans:
    Guests may purchase a Mulligan for $50 any time before the start of the round. A Mulligan is a chance to replace a card with new card.

    • New: Mulligans will be available to purchase for every round.
    • With a Mulligan, the player may take one of their first two cards and replace it with the next card from the deck. If they don’t use their Mulligan on the first two cards, they may use it on a hit card instead, but once they’ve hit, they may only replace the most recent hit card. Player may continue to play their hand as normal (hit after using the Mulligan unless the Mulligan was used to replace a double down card).
    • A Mulligan card may only be used in the round for which it was purchased. Only one Mulligan may be purchased per person per Round. The Rebuy Round is considered a separate round and a separate Mulligan card must be purchased for that round. Unused Mulligan Cards will not be refunded.
    Fast Track: Guests may pay or be approved to begin the tournament at the Quarter Final or Semi Final level.

    • Quarter Final Fast Track price is $3,000
    • Semi Final Fast Track price is $6,000
    • All comps must be approved by Mike Leonard or Tyson Harding
    • Pay guests do not have to pay the $500 entry fee in addition to Fast Track QF/SF fee
    • Fast Track spot includes entry into applicable Wildcard Drawings
    • Fast Track spots are limited and will be awarded on a first come, first serve basis
    • Fast Track spots must be paid for by the end of tournament play on Saturday
     
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  7. noman

    noman Top Member

    Mulligan only available in first round. If you should advance to semis you get your entry back. Most times final table chops for about 15,000 each. So is $500.00 and $50.00 too much for a $15,000 return? Or possible $50,000 if final isn't chopped? Sure you may rebuy for $500. in first round,, or again $500.00 rebuy in second. Depending on turnout there have been 12-18 wild cards into second round and equal number, (if you rebought at any level) to third round and one wild card to finals (There is another wild card draw, can't remember at what level). Highly competitive. Many long time tournament players show up. Most are experts. If you give an average daily play there is the chance to get comped into the next one. Regardless, any entry to tourney garners a three or four night comped room. There are double deck pitch in main casino. Same as tourney. But the deck is cut about 25%.
     
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  8. johnr

    johnr Member

    Thank you for more info. Sounds better.
     
  9. The_Professional

    The_Professional Active Member

    If the Mulligan is only on the first round, then maybe the information on that website is not correct. May be players in this month tournament can report back. Obviously a return of $15,000 on $500 would be fantastic when it happens :)
    There was a previous discussion about the value of this tournament on this site. I believe it was estimated that the average player pays $1050 per tournament (before introduction of the Mulligan) and the conclusion was it was overvalued by the casino. But obviously it depends on many other factors for each individual like other games to play etc.. I have not gone to the last few but I will probably go every once in while. Good luck to all BJTs who will attend.
     
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  10. The_Professional

    The_Professional Active Member

    I hope everyone who attended this tournament is ok and safe.
     
  11. surf

    surf Member

    Reporting back on the GN tournament. In the past, you purchased one mulligan and used it one time in whatever round you needed it. What is new is, now, the mulligan is only good for a specific round, so with no rebuys you buy 4. If the final table decides to play rather than chop, you purchase 1 more. Makes cost $700-$750 with no rebuys. Many comped players. If you made to 7-31st place, you got $500 cash back. The rules state places 1-6 pay in cash or promo chips. I do not recall that being the case in the past. I did not make the final table, so I left before it was paid out and didn't see what happened. There have been rule changes that have given me reason to pause in the past few years: allowing player substitutes, the fast track entries, and now this price increase (the multiple mulligans). I may not play there next time. There were lots of wild cards - about 20 after first round. I think attendance was light.
     
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  12. The_Professional

    The_Professional Active Member

    In the final, the player can choose cash or promo chips. The chips are play till you lose, so almost as good as cash. I agree that the Mulligans make an already expensive entry into a ridiculously expensive one.
     
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  13. johnr

    johnr Member

    I enjoyed being there, but did not make final table, I don't plan on entering again. To expensive unless comped. Congratulations to Trouble, I think he got a piece of chop. We will have a good time next week at Buffalo Run.
     
  14. noman

    noman Top Member

    Good points. After my initial $500 buy in, I was comped into the next three I attended. Now back to a buy in. I'm not sure what their expected Ave. Daily play is. Or what I have to win or lose to maintain comp status. I have wrecked VP on every visit. With all the comps and buy bys, I won't go again unless it is comped. Comped entry, room, wild cards and side play mitigate possible rebuy and mulligans.
     
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  15. johnr

    johnr Member

    I see that one of our members from Arkansas (don't know his handle) made final and piece of the chop last weekend,
    CONGRATULATIONS
     
    PitchMan likes this.
  16. Doc

    Doc Member

    Info above still pretty accurate for GN. Played GN and Palazzo this past weekend. Quite a balancing act, alternating from one tournament to the other. Eventually had to decide on one or the other, when I had to be at both places at once.
     

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