Tourney Tourney Final Table (2 Viewers)

[BigSlick4523]

We are at our final table in 2 weeks in my monthly home game tourney we play 8 months with 1 drop 24 players top 10 make the final table

$250 per person x 24 = $6,000 prize pool our monthly games are $40 per person buy in

$900 of that is for the top 3 of the whole season that's your 8 total months combined pay out is $500/$250/$150 we chopped it $300/$300/$300 this year it was very close to player had 140 2nd 138 and me 3rd at 133

We are doing a loser table for $250 pays just 1st place $250 all 14 players who didn't make the final table can play in it if they choose to do so

The way we do points is very simple if u are the first one out you get 1pt and so on and so forth if you win that month you get 24pts

Here is my question so there is $4,850 remaining dollars up for grabs this year they only want to pay the top 5 spots which I personally think is dumb but looking to see what others think about this also how do pay structures usually pay out

If it's 5 people what should the percentages be ?

If it's 10 people what should the percentages be ?

Last year we paid all 10 spots we had $4,425 to go 10ways we did it like this
1st - $2,200 , 2nd - $1,000 , 3rd - $600 4th - $250 , 5th - $175 , 6th - $100 and 7-10 was $25ea

So here are my thoughts if its 5 spots and $4,850 to go around

1st - $2,200
2nd - $1,150
3rd - $750
4th - $500
5th - $250

If it's 10 spots for the $4,850
1st - $2,000
2nd - $1,100
3rd - $650
4th - $400
5th - $200
6th - $150 7th - $125 8th - $100
9th - $75 10th - $50

What are everyone's thoughts ?

Any suggestions would be greatly appreciated

Also at a final table we do blinds every 20mins if it's not for a huge amount of your stack or for your tourney life shouldn't everyone try to act within about 30secs or shorter

Sometimes we have the biggest tankers and I want to call clock but I don't want to be made the asshole who calls the clock but I act super fast even when I should take time I act super fast

So if its not for a huge decision how long should u wait to call a clock or even if it's for a huge decision when should u call a clock when it's 20min blinds they go up fast

Everyone starts with 10k and blinds start at 25/50 and cap at 2k/4k every tournament

Now our final table you get 100chips for every point u have so our top spot has 140pts he starts with 14k our bottom spot 10th place had 101pts he will start with 10.1k

Let me know your thoughts everyone thanks in advance

 

[Mojo1312]

Five players:

1st - $2,000
2nd - $1,250
3rd - $800
4th - $500
5th - $300

Top ten

$1750
$1100
$700
$450
$300
$200
$150
$100
Spots 9-10 $50

Alternatively,

Top nine

$1750
$1100
$700
$450
$300
$200
$150
Spots 8-9 $100

Regarding clock, the easiest solution is to increase the blinds (to 22 minutes),

 

[BKisback]

I like payouts set by percentages of the prize pool. With five, I would do 5%-10%-15%-25%-45%. With ten, 2-3-4-6-8-10-14-20-33.

 

[Mojo1312]

To add to my two cents now that I am free. The more enjoyable you can make poker leaugues, the greater the retention rate and the potential for growth.

Pay-outs should be meaningful for all involved, which is why I am nit a fan of top heavy structures. $2000 for first is a sum that should make whoever the winner is very happy.

A 60% jump between first and second is substantial enough, 90+ percent seems a bit lopsided. Better to bump up the pay-outs further down the ladder imo.

What a greedy set-up for those players who finish in the top three. $300 apiece, plus a chip advantage in the Tournamnet of Champions!

Would it not be healthier for the game to split $750 and increase the prize pool for the 14 players left out by $150? This enables the other members in the league to play for first, second and third place money in the amounts $200, $120 and $80. To spice up their tournament, you could present them with the option of buying in for $20. This will enlarge the prize pool by $280, enabling them to compete for one of four pay-out spots in the amounts of:

1st $285
2nd $185
3rd $125
4th $85

Albeit, it is too late to implement such changes now, but it certainly would be worthwhile to consider such changes for next season.

Like you, I too am fan of spreading the wealth among the players who because of skill or good fortune won a seat in the Championship game by paying out the final nine or all 10 players whatever the group believes is best. Wouldn't it be wiser to pay-out the large majority of players who earned a seat in the TOC by shaving ten or twelve percentage points from the top five pay-outs?

Under the current proposal, six players are going to walk away with money vs twelve or thirteen. For the difference in how pay-outs are awarded, which of the two is going to keep players coming back?

 

[Mojo1312]

@krafticus?
@Anthony Martino?
@upNdown?

 

[upNdown]

@krafticus?
@Anthony Martino?
@upNdown?

I've never played in a league, so my opinions are just based on general tournament experience. And I agree with everything you just said. Except I'd never consider paying a top 10, out of 24 people. But again, I have no club experience.

To add to my two cents now that I am free. The more enjoyable you can make poker leaugues, the greater the retention rate and the potential for growth.

Pay-outs should be meaningful for all involved, which is why I am nit a fan of top heavy structures. $2000 for first is a sum that should make whoever the winner is very happy.

A 60% jump between first and second is substantial enough, 90+ percent seems a bit lopsided. Better to bump up the pay-outs further down the ladder imo.

 

[BigSlick4523]

To add to my two cents now that I am free. The more enjoyable you can make poker leaugues, the greater the retention rate and the potential for growth.

Pay-outs should be meaningful for all involved, which is why I am nit a fan of top heavy structures. $2000 for first is a sum that should make whoever the winner is very happy.

A 60% jump between first and second is substantial enough, 90+ percent seems a bit lopsided. Better to bump up the pay-outs further down the ladder imo.

What a greedy set-up for those players who finish in the top three. $300 apiece, plus a chip advantage in the Tournamnet of Champions!

Would it not be healthier for the game to split $750 and increase the prize pool for the 14 players left out by $150? This enables the other members in the league to play for first, second and third place money in the amounts $200, $120 and $80. To spice up their tournament, you could present them with the option of buying in for $20. This will enlarge the prize pool by $280, enabling them to compete for one of four pay-out spots in the amounts of:

1st $285
2nd $185
3rd $125
4th $85

Albeit, it is too late to implement such changes now, but it certainly would be worthwhile to consider such changes for next season.

Like you, I too am fan of spreading the wealth among the players who because of skill or good fortune won a seat in the Championship game by paying out the final nine or all 10 players whatever the group believes is best. Wouldn't it be wiser to pay-out the large majority of players who earned a seat in the TOC by shaving ten or twelve percentage points from the top five pay-outs?

Under the current proposal, six players are going to walk away with money vs twelve or thirteen. For the difference in how pay-outs are awarded, which of the two is going to keep players coming back?

They want to just pay out the top 5 sports which to me seems really dumb so u could finish 6-10 at the final table after playing your A off for 8 months to walk away with $0 is funky I'm just trying to figure out a way to present them a prizepool that takes care of all 10 players who made the final table

And the top 3 for the whole 8 months use to be 300/200/100 they bumped it to 500/250/150 but me and the two other guys were so close in pts we just decided to do a chop 300/300/300

 

[upNdown]

They want to just pay out the top 5 sports which to me seems really dumb so u could finish 6-10 at the final table after playing your A off for 8 months to walk away with $0 is funky I'm just trying to figure out a way to present them a prizepool that takes care of all 10 players who made the final table

And the top 3 for the whole 8 months use to be 300/200/100 they bumped it to 500/250/150 but me and the two other guys were so close in pts we just decided to do a chop 300/300/300

Sorry for being THAT guy but I can't imagine playing my ass off for 8 months without knowing how the final payouts would work. Whatever you guys do, my best advice would be to decide all of this stuff for next season before you begin next season. Good luck!

 

[BigSlick4523]

The pay out is suppose to be top 5 but I like paying out everyone alil something at the final table so I'm trying to figure out some pay structures to present to the committee

 

[Mojo1312]

I've never played in a league, so my opinions are just based on general tournament experience. And I agree with everything you just said. Except I'd never consider paying a top 10, out of 24 people. But again, I have no club experience.

Good point.

The pay out is suppose to be top 5 but I like paying out everyone alil something at the final table so I'm trying to figure out some pay structures to present to the committee

Next year's turnout will tell the committee all they need to know about this year's decisions.

 

[Anthony Martino]

@krafticus?
@Anthony Martino?
@upNdown?

Ok so we have $4,850 up for grabs. Is it your smaller committee telling you they want to pay 5 spots, or everyone at the final table?

On top of that, if it's a smaller group of people, is it the guys with the most chips pushing for fewer spots paid out (so they can try to bully with a larger stack and chip up)

I will echo what others said, you should have this sort of thing spelled out in advance so there's no potential for bad blood or miscommunication. But, given the current situation, most live tournaments will pay 10-12.5% of the field, some will pay 15% or a bit more.

5 of 24 players is 21% of the field. Paying 10 of 24 players is close to 41% of the field which seems pretty silly imo.

Now, it is a season-ending event so I guess I could see saying that everyone is guaranteed $50. It's not really a prize payout for the place you finish, but just an amount you automatically receive for making the final 10.

I mean, it could be kinda sick that you make the top 10 of 24, get nothing and then watch someone in the losers bracker cash for more than you, but kinda hard to balance that I suppose.

PAYING 10 PLAYERS

So $50x10 players = $500 taken out of the prize pool, leaving $4,350 to divy up for the 5 "paid" spots. The amounts below are IN ADDITION to the $50 they already received

5th $150
4th $300
3rd $700
2nd $1,250
1st $1,950

(don't forget above there's an extra $50 for each of these players)


PAYING JUST 5 PLAYERS

5th: 300
4th: 500
3rd: 800
2nd: 1250
1st: 2,000

 

[BigSlick4523]

Yeah I mean it's pretty set in stone that it going to pay the top 5 spots that's what was said at the beginning I'm just gonna try and make a suggestion about paying everyone a lil something

But we never set in stone how much the top 5 would get paid out

Last year there was $4425 up for grabs and it was paid out like this

1st - $2,200 , 2nd - $1,000 , 3rd - $600 , 4th $250 , 5th - $175 , 6th $100 and 7-10 was $25ea

So I am assuming with 5 spots this year and it being $4,850 it will be something like

1st - $2,300
2nd - $1,100
3rd - $700
4th - $500
5th - $250

Also I know people usually tip the 2 dealers we have cause they rotate all time dealer where when we play monthly we all just take turns dealing paying the deal around the table

I was thinking of maybe just suggesting that $50-$100 comes out of the $4,850 for the dealers but not sure how that will work either I'm sure the 2 people doing it don't expect anything but I know if I win a decent amount I'd give them something

 

[BigSlick4523]

I still brought up the paying a little bit to 6-10 cause to me it just makes no sense you play for 8 months you pay $250 upfront and walk away with nothing if you are 6-10

I think 6-10 should be like $100ea you get like 40% of your original buy in back or whatnot

 

[upNdown]

I still brought up the paying a little bit to 6-10 cause to me it just makes no sense you play for 8 months you pay $250 upfront and walk away with nothing if you are 6-10

I think 6-10 should be like $100ea you get like 40% of your original buy in back or whatnot

Even though I don’t agree with you, I hear what you’re saying. I wonder if it would be better to approach it like a chop. Like, in any tournament, the prize money is the players’ money to divide up in any way they want, if they agree. So maybe this is better addressed in that way. Don’t ask the whole group for a rule change, ask the final 10 - “hey, who’s interested in chopping a few bucks out of 1st, 2nd, and 3rd, to pay a little something to the bottom 5?”
I dunno, just a thought.

 

[BigSlick4523]

Even though I don’t agree with you, I hear what you’re saying. I wonder if it would be better to approach it like a chop. Like, in any tournament, the prize money is the players’ money to divide up in any way they want, if they agree. So maybe this is better addressed in that way. Don’t ask the whole group for a rule change, ask the final 10 - “hey, who’s interested in chopping a few bucks out of 1st, 2nd, and 3rd, to pay a little something to the bottom 5?”
I dunno, just a thought.

Yeah that makes sense I just know if I finish 6-10 and don't make a penny I'll be alil pissed lol

 

[TheRealStephen12]

This is how the EPT would pay it out if you want a serious structure to go by (assuming you want payouts in increments of $50).

Paying 10:
$1,400
$900
$650
$500
$400
$300
$250
$200
$150
$100

Paying 5:
$1,800
$1,150
$800
$600
$500

 

[Mojo1312]

Your case for spreading out the pay-outs across a larger field is not without its merits. How often did the top five point leaders finish in the money during the season? What are their total winnings? How about the top three who split the $900 bonus?

I belive the $900 set aside for the season's top three finishers and the $250 for the loser tournamnet could be put to better use in the upcoming season by awarding the point leader $250 and a gauranteed spot in the TOC. Another $250 can be used to enter players with a perfect attendence record into a drawing for a free spot in next season's league. The bottom fourteen players who did not qualify for a seat in the ToC can play in their own tournament with 1st place winning a free spot in next season's league.

The remaining $400 can be dumped in the ToC prize pool. A sixth spot can then be added to the number of pay-outs so that members in next seasons's league will know from the start that 25% of the palyers will end up in the money in the ToC. (Assuming there are 24 players.)

The above are just outside of the box ideas. The point being that decisions by the committee, whatever shape they take, should be focused on player retention. After all, poker is a game of addition, not subtraction.