Venetian Press Release about UBT Sit-and-Go's

KenSmith

KenSmith

Administrator
Staff member
ULTIMATE BLACKJACK TOUR (UBT) EXCITEMENT ​
CONTINUES WITH LIVE ACTION SIT AND GO’S AT ​
THE VENETIAN RESORT-HOTEL-CASINO​

Las Vegas, Nevada (March 07, 2007) – Excitement is building onThe Venetian gaming floor with the announcement ofweekly UBT Elimination Blackjack™ Sit and Go’s. Every Friday night beginning March 16th from 8pm – 2am, players are invited to participate in these exciting, fast-action tournaments with $100, $250 and $500 buy-ins.

Adopting the newest form of Elimination Blackjack™, The Venetian Sit and Go’s will be performed ‘turbo’ style. In this new format, mandatory elimination hands move to the 5th, 10th and 15th rounds. As with the traditional format in the UBT, the player with the least amount in chips at the end of an elimination round will automatically be eliminated from the game. In six-handed ‘turbo’ style Sit and Go’s, each table will play up to 21 rounds and the player with the highest chip count at the end of the 21st round will be declared the winner.

“Elimination Blackjack is an exciting twist on an old favorite,” stated John Zaremba, director of table games. “We are proud to be the first and only casino on the Strip to offer UBT Sit and Go’s. We believe that our players will be excited with this new ‘turbo’ game format and are projecting a sizable turnout every Friday night.”

“UBT has had a lot of success in its first year and The Venetian has been a tremendous partner in it,” said Larry Kopald, chief marketing officer and GM of UBT. “Our TV show ended Season 1 with a bang of nearly two million viewers- as Elimination Blackjack is quickly becoming the most popular type of blackjack tournament out there. Aside from being one of our Charter tour members, The Venetian has given us great visibility on the Strip, and continues to offer players more and more opportunities to play the game. The Sit and Go’s, especially with the new turbo format, are just one more example, and will hopefully make The Venetian an even hotter destination on Friday nights.”

Play will begin at 8pm as soon as all six seats are filled. The payout structure at each buy-in is as follows:
$ 500 entry tables pay $1900 first place and $950 second place.
$ 250 entry tables pay $950 and $450
$ 100 entry tables pay $360 and $180

All UBT rules and regulations will be in effect and can be accessed at the Ultimate Blackjack Tour’s official website, www.playubt.com. For more information, please inquire at The Venetian Players Club or call (702) 414-4116.

The red hot Ultimate Blackjack Tour (UBT) partnered with The Venetian in November 2006 to deliver its version of the world’s most popular casino game to the Las Vegas Strip for the first time ever. The Venetian UBT Invitational included a prize pool of over $100,000. The final six players were flown to Los Angeles in January where they competed in a UBT television show that will air during Season Two on CBS, which begins in May ‘07. The winner of the event also received a $10,000 buy-in to UBT's year-end Tournament of Champions, which boasts a $1 million guaranteed first prize and an estimated $2 to $3 million total prize pool. In addition to the new Elimination Blackjack™ Sit and Go tournaments, The Venetian will host a UBT tour stop in July 07 that will be open to the public for a buy-in of $2,700.

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[FONT=&quot]Statements in this press release, which are not historical facts, are "forward looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.[/FONT]
About The Venetian Resort~Hotel~Casino
The Venetian Resort-Hotel-Casino, a repeated recipient of the AAA’s Four Diamond Award, is one of the world’s most luxurious resort and convention destinations. Re-creating Venice’s legendary landmarks, the resort offers unmatched service and quality for leisure and corporate guests. Located in the heart of the Las Vegas Strip, The Venetian features The Grand Canal Shoppes, an indoor streetscape complete with gondolas and singing gondoliers, the Canyon Ranch SpaClub, world-class gaming, exquisite restaurants, the Guggenheim-Hermitage Museum, and a wide variety of entertainment venues on its premises, as well as extensive convention and corporate services. For additional information, visit The Venetian website at www.venetian.com.



LeAnn Walker Tinch
Communications Manager|Public Relations
Phone: 702.414.2423 | Fax: 702.414.4884
[email protected]

The Venetian Resort~Hotel~Casino
3355 Las Vegas Boulevard South
Las Vegas, Nevada 89109

The largest and most spectacular four-star, four-diamond resort in the world.
 
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From what I can see, this is an open event. If so, I'll be in LV during the Mar. 23, 2007 sit & go. I'll probably give it a shot. Anyone else planning on being there on 3/23/07?

PS:
Don't really care if it's UBT format or not. I like the idea of BJ Sit & Go. Wish more casinos (including local casinos) would would have them. One table, win or lose, that's it. I like it.
 
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I'm there for the $200

Note from Administrator: This post contains information that was my mistake in the above post, now corrected.
The actual rake of the $250 entry fee event is $100.
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This is great. I will be there on 3/23 to try 'em out. The more UBT format the better as far as I'm concerned.

I do also see that our questions about rake are now answered, although it brings up a question on the accuracy of this release:

$500 entry tables pay $1900 first place and $950 second place=RAKE of $150
$200 entry tables pay $950 and $450=RAKE of ZERO--$200 overlay (???!!!)
$100 entry tables pay $360 and $180=RAKE of $60

i.e. If this is correct, I think I'll be lining up continuously for the $200 game!

Alas, it's probably a typo...
 
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Yikes! My mistake.
When I pasted the press release into my post, the formatting of the payouts didn't appear correctly, so I retyped them myself.

However, I accidentally changed the entry fee from $250 to $200.
I've edited the post above to correct my mistake. Thanks for finding the discrepancy sabrejack.
 
Why do I have this picture from "Rounders" in my head, where the "fish" sit down at the poker table with all of those pros sitting there. The question is.....will the "pros" take turns at the feast, or will they cannibalize each other?
 
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In The House March 30

I wish I could be at the Venetian on March 23rd to play with toolman, sabrejack and maxwell. However, I will be at the Venetian to play on March 30th. Anybody else in town then?
 
Venetion

I'll be in Vegas for the Hilton "Dublin Down" bj tournament and will definitely
try this,(on the 23rd)
I have never played at a sit and go, or played the UBT format. This should be interesting. I assume that since this runs from 8:00 to 2:00 am there will be opportunity to play in a number of different rounds? Are reservations of any kind needed?
 
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UBT Press Release

Did anyone play at the SNG last week?

Kuddo's to playubt.com for the press release and to The Venetian for having these SNG's :cheers:

Just out of curosity does anyone know of any other casino offering BJT SNG?
 

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ubt palms venetian

Who Else Will Be At The Palms And Or Venetion The 22nd-24th
Maxwell
Toolman1
Fred Guy
Sabrejack

IF ANYBODY PLAYS THE VENETION TONIGHT THE 16TH PLEASE POST HOW THE SIT AND GOES WENT
 
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Palms The 22nd Of March

I Did Play The Palms Touny The 22nd But I Did Not See Toolman.sabrjack Or Fred Guy
It Has Been Awhile Since I Have Been A In A Tournament( Live Anyway) The First Two Rounds Went Quite Well And I Advanced To The Final Table
If You Would Have Been At The Final Table You Would Have Seen A Fool Play- I Have Never Been So Pissed Off At Myself For Playing So Badly Very Very Bad Play
Yet On The Bright Side I Was Happy To Be On The Final Table Maybe I Can Make It Up The Bad Play And Win The Paris Tounament The 31st I Qualifyed But A Very Long Shot At Winning But I Will Try To Play Like I Know I Can But As We All Know It All Depends On How The Cards Fall
Good Luck To All Players In Their Quest To Be On The Final Table And 1st Place Win:d :d
I DID NOT PLAY THE VENETION SO I DO NOT KNOW HOW THAT WENT
 
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Hey you made he final table Max....thats a good acomplishment....

I havent played a live event in so long I can just imagine how easy it is to make a mistake....

Care to elaborate on the play? It might help to rehash the mistake so that it wont happen again .....to ME!!!! LOL

See ya next Sat in the free roll....
 
live tourny

Hey Rando Where Do Live?
It Would Seem To Me That You Could Find A Live Tourny Within Lets Say 250 Miles From Where You Live?
To Make A Long Story Short In My Final Table I Bet Large My First Hand And Won An Doubled My Bet Hand 2 And Lost Which Meant I Was Still In First But Should Have Bet Smaller Bets On Hands 3-7 Which I Did Not Do Like A Dumbass So I Had To Go Max Bet On Hand 8 Which Would Have Been Ok If I Would Have Won -but I Did Not And Eliminated If I Would Have Won I Would Be Back In First Place-maybe Next Time I Will Be More Conservetive Better -oh Well Next Time -still Happy To Be On The Final Table:d :d
 
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