Blue Water Classic XVi - October 23-26, 2013
The sixteenth running of the Blue Water Classic at Casino Point Edward will be from October 23-26, 2013. The buy-ins are $600+$60, prize pool up to $108,000, and the rake is only 9%.
There are four remaining satellites. A friend and I are thinking of carpooling to the Tuesday 6 PM rebuy satellite on October 8.
The initial buy-in for the 2,000 chip satellite is $60 + $15 fee. Strangely, the add-on is only 2,000 chips for another $60. Nevertheless, the rebuy format is much better since the rebuys and add-ons all go to the players' prize pool and makes the effective rake much lower and easier to beat, compared to the re-entry format of high-rake tournaments where you have to pay the full rake of >= 12% to the poker room's profits for every re-entry.
Anybody else playing in the $660, or interested in a rake-free satellite?
There are four remaining satellites. A friend and I are thinking of carpooling to the Tuesday 6 PM rebuy satellite on October 8.
The initial buy-in for the 2,000 chip satellite is $60 + $15 fee. Strangely, the add-on is only 2,000 chips for another $60. Nevertheless, the rebuy format is much better since the rebuys and add-ons all go to the players' prize pool and makes the effective rake much lower and easier to beat, compared to the re-entry format of high-rake tournaments where you have to pay the full rake of >= 12% to the poker room's profits for every re-entry.
Anybody else playing in the $660, or interested in a rake-free satellite?
Comments
Definitely interested in a RFS. On Saturday, Irunit4times and I started a conversation about doing a regular satty sched to a variety of events.
All input welcomed.
Stay tuned for updates.
I'm guessing that with the rebuy satellites having been running since June and the weird structure such as UNLIMITED rebuys for only 2000 chips costing $60 each or 1/11 of the $660 satellite coins, I estimate that the locals have won 100 or more coins and that I could be one of the few players who will end up buying in directly. The local regs have probably spent a LOT of money to win one or more coins for each of the three days, with the mistaken belief that they can scalp their coins to out-of-towners who drop in on Friday.
It was going to be a stretch for me anyways - no way I could buy in this far in advance unless I won a satty.
I'll probably set my sights on the $550 at Brantford and MAYBE the WSOP in Ottawa.
Also, thoughts on (assuming 60 players a day), how long to play down to 8 (or fewer)?
6pm on a weekday really sucks for me.
Anybody know what time they start on Saturday?
I remember in one BWC when my friend and I checked out of our hotel as we headed for the last qualifying night. I ended up qualifying after midnight, but when I drove back to the hotel to get a room, it was all booked up. I only got a few hours sleep before having to force myself to get up and play the finals.
BWC always had strange structures and it got stranger this XVI edition. It used to have smaller $150 and $300 preliminary events along with a Points Prize Pool so a few forumers like me would stay for the week. It was much more +EV compared to flying to the US, especially since I would usually cash.
This year, instead of having three events, Point Edward got rid of the two preliminary events, added a Day 1C for only one event and got rid of the Point Prize Pool.
The prize structure continues to be way too steep, unlike PS, FTP, Playground, etc. If you play more than one day, even if you make it to the grand finals, it is likely that you will still lose money! :bs: Very few players committed to playing more than one $660 event as they first wanted to play the preliminary events.
The XVI changes are bad for non-locals like you and me as it's not worth it to stay in a hotel for the week anymore unless you are sure you want to repay the full rake three times for a total of almost $2,000. In my case, I would just try to carpool for one day (Thursday) and if I make the finals, try to carpool again. There are cash games for those in the carpool who have to wait.
To anybody else playing, please fill out a feedback form like I will so that future BWC will improve. Possible improvements include: flatter prize structure, Points Prize Pool, and possibly bring back lower buy-in preliminaries. If there will be only one event, they should be scheduled as much as possible on the weekend (instead of Wednesday start and no game on Sunday ???) so that more out-of-towners and working locals can play; I wouldn't mind bringing my family on a Friday then spending the Sunday in the finals or sightseeing.
All considered, I believe there's more value in the Brantford Deepstack series and the WSOP circuit.
What is this Brantford Deepstack series you speak of? Is it a tournament series or are you talking about just the regular bigger buy-in events they hold at the end of each month?
They aren't connected in any way, other than by location and structure, but it's kinda like a series.
Also the satellite buy in is not $50+15 it's $60+$15 + rebuys $60 + addon $60. I know this because I registered for the one tonight and paid $75. Also it's on the website.
Yeah I never played in a live tournament before just thought I'd take a shot since I am up a decent amount on cash games.
How does the prize pool work? That's what I initially came to this forum to ask.
With 24 players cashing, a whopping 43% of the prize pool goes to only two players, which is way too much and even the 10th place finisher in the final table gets less than 2%. ??? Just like those who make the mistake of travelling to Seneca/Vegas to buy into a tournament, if you don't cash high enough, you may still lose money after hotel and other expenses.
Yeah it's $100 max raise. It's easy enough to get everything in unless it's big stack vs big stack.
Sold out I think it was 13 seats and 14th was $180 after rebuys & add-ons.
Got knocked mid way never did a rebuy or the add-on though so not really a big deal. Ran into pocket aces when I shoved with my short stack.
Yeah there were around 9 rebuys just at my table and 6 add-ons multiply that by 6 tables.
I actually decided to play tonight too.
Usually there will be at least one cash game going when there is a tournament. 2 or 3 going after 30 - 40 people get knocked out.
Again it completely depends last week there was 60 people in the satellite. This week idk.
I thought you worked till 9pm on weekdays?
Probably both
P.S. Ship the $660 coin!