Tourney Thoughts on this tournament structure (River's Casino) (1 Viewer)

Meh. 79 left (out of 733).

Good news, they pay top 80.

Bad news, I only have 6BB left.

TT on button. MP raised to 30k, I push all in for 65k. SB call her last 25k, MP calls.

MP has KJs, SB has AQo.

Just need to avoid all four overs...

...and the flopped flush.

Busted in 74th.
 
I’ve played in both of the two Rivers 100K tourneys so far. Here are some thoughts:

1) If you look at Rivers’ Day 2 starting stack lists, there are not that many players who make it there with more than 100,000 chips. There will be a handful who are in far better shape (200,000-300,000), but not that many. So while you would be buying in for only 33BB on Day 2, you are not at such a great disadvantage. While the average stack size might be around 120-140,000, my guess is that the median is more like 90-100. Some people make it to Day 2 with very short stacks of 15-30K, even.

2) That said, of course if you can make it to Day 2 with a smaller ($260) buy-in that’ll be preferable. However, you have to get through a lot more players to get there, of course.

3) Rivers also has been doing $30 (iirc) satellite tables in the days leading up to these events. Of course, that is the best value of all, potentially. But again, you have to plow through a lot of people to realize that value.

4) A bigger issue I encountered there is the relatively high number of late arrivals to the Day 1 flights. I was surprised to find that the tournament director sat on-time players at the number of tables he ultimately expected to fill, meaning that we were playing very short-handed at some initial tables. I played a Thursday morning flight for about an hour four-handed, and then another half-hour 5-6 handed. This effectively shortened our starting stacks considerably, especially as they start out with antes right away. So we were playing roughly double the number of hands you'd expect in the first three levels (30 mins each)... Kind of surprised he didn't bunch us all together in 9/10 player tables and then break things up as others arrived, but whatever.

5) If you play a Saturday flight, expect a flood of pros who are there to play BINGO, as they are rolled to buy in repeatedly. This can create either an opportunity or a problem for players without the bankroll to take coin-flip chances at doubling up against one of these guys. (I had one table where three successive pros sat down and busted fast, between 1 minute and 30 minutes.) You will also encounter pros who make Day 2 on an earlier flight, but continue to play additional Day 1s in the hope of building a bigger starting stack than they did when initially qualifying.
 
P.S. Congrats on cashing...

I remain a little iffy about these tourneys. I know of small local events where you buy in for $100-$150 and only have to get through 15-30 players to earn about as much as you would win by placing 50th out of 1,000+ entries in the Rivers CPC:

https://riverscasinoandresort.com/2017/08/27/day-2-final-payouts/

Even if one places 10th, that pays less than 10 times your buy in. To make it “just” to 10th, you still have to run amazingly well for 18-20 hours. In the end you net about two grand. Nothing to sneeze at, but hardly life-changing money.

So it seems to me the rationale for playing these casino MTTs is to make a big score. Otherwise, the time commitment necessary just to finish in the top 10-50 doesn't really justify the payoffs. (I think the first CPC Day 2 ran about 17 hours... Second one was shorter, as I recall.) As others have pointed out, putting that money into a 2/5 game is probably a much better investment.

There's a two-table tourney (usually 16-18 players) in the same region where the top payouts are 750/450 on a $100 buy-in, no rebuy nonsense, so the poker is pretty straightforward... Another three-table event where the top place gets about 1,500. And another (with rebuys) where there are usually four tables, and the top three players are all getting well over a grand. Those to me are much better value, though the ceiling is much lower and there’s no shot at real glory.

All that said... I’ll probably keep taking shots at the Rivers events, cuz I can’t help it.
 
I don't even SEE a blurple T500....
.... which is apparently it's problem. Holy cow, that's close to the T100. Many table errors?


Not huge numbers of mistakes, but enough to be annoying. Kind of depends on the light/whether a stack is leaning. IMHO the purples and blacks are too close in color.

I also really hate their peach-colored chips—uglier in person. They look more saturated in these pics, and thus not so bad. Overall their tourney set is pretty blah.
 

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