Bytecoiner419



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Re: The 2,334 BTC Guaranteed Texas Holdem Tournament Is Back! ($1,000,000 USD) April 22, 2016, 04:12:03 PM

Last edit: April 22, 2016, 05:04:21 PM by Bytecoiner419 #13 Quote from: houseo on April 22, 2016, 04:00:03 PM Quote from: houseo on April 21, 2016, 07:27:22 PM It's a rebuy tourney for the first 5 hours. That's a little upsetting.



Quote from: Bytecoiner419 on April 21, 2016, 07:45:08 PM What do you expect when you try to get in for the cheapest.



They have satellite games from $2 up to $60 to get into this huge main event game.



Quote from: unholycactus on April 21, 2016, 11:46:42 PM Pretty standard for a GTD garanteed tourney.

It would actually be upsetting if it wasn't. Imagine you bust early on and you can't join back in, effectively missing out on a 1M prize pool.



Rebuys are a whole different beast. Every Sunday PokerStars has a $215 buy-in 1M guarantee tournament. There is no rebuy. The problem with rebuys is as follows. If you only have enough for 1 buy-in you are severely disadvantaged.



Rebuy tournaments allow 1 rebuy right at the start, allowing people with money to double their starting chip stack. So if I buy in once, and you buy in twice, I'll start with 10,000 chips and you'll start with 20,000 chips. That's before cards are even dealt. That sucks.



Then at the end of the rebuy period they allow an Add-On. Anyone can pitch in another buy-in for another 10,000 chips. So really, if we both play and don't really if we each break even through 5 hours and you do the rebuy and the add-on, I'll only have 10,000 chips vs your 30,000 chips.



The chip stack and blind ratios are also very different in rebuy tournaments.



I understand people's fascination with big bitcoin prize pools, but understanding poker helps too. This tournament will be verrrry expensive to have any sort of decent shot in. I'd expect poker pros to be putting in upwards of 10 btc each. Standard rebuy strategy, assuming you have the bankroll, is to just go all-in in many hands early and look to build a big chip stack.

Rebuys are a whole different beast. Every Sunday PokerStars has a $215 buy-in 1M guarantee tournament. There is no rebuy. The problem with rebuys is as follows. If you only have enough for 1 buy-in you are severely disadvantaged.Rebuy tournaments allow 1 rebuy right at the start, allowing people with money to double their starting chip stack. So if I buy in once, and you buy in twice, I'll start with 10,000 chips and you'll start with 20,000 chips. That's before cards are even dealt. That sucks.Then at the end of the rebuy period they allow an Add-On. Anyone can pitch in another buy-in for another 10,000 chips. So really, if we both play and don't really if we each break even through 5 hours and you do the rebuy and the add-on, I'll only have 10,000 chips vs your 30,000 chips.The chip stack and blind ratios are also very different in rebuy tournaments.I understand people's fascination with big bitcoin prize pools, but understanding poker helps too. This tournament will be verrrry expensive to have any sort of decent shot in. I'd expect poker pros to be putting in upwards of 10 btc each. Standard rebuy strategy, assuming you have the bankroll, is to just go all-in in many hands early and look to build a big chip stack.

That is true for "rebuy" games but this tournament is a "reentry" game so you can buy back in if you get cracked out but you can not buy more chips when you start and they do not have an "addon" option later in the game.



Here is a screen of the game lobby right now. (You can see they have cheap satellite tournaments running for as low as $2)







That is true for "rebuy" games but this tournament is a "reentry" game so you can buy back in if you get cracked out but you can not buy more chips when you start and they do not have an "addon" option later in the game.Here is a screen of the game lobby right now. (You can see they have cheap satellite tournaments running for as low as $2)