Jawse
2pm tourney start. Even number of entrants (up to 10 people max). $50 buy in. Once half the players are eliminated, the other half receive payment ($100. $50 of their initial buy-in, plus another $50 for being among the surviving half of the players), and then cash game starts.
10 seats available at table. Tournament players are able to hold their seats, whether they win or lose. There's room to hangout and wait for an open seat.
$50 starting stack for tournament. Blinds start at 25c/50c and double every 20 minutes until half of the entrants are out.
Cash game is a minimum buy-in of $25 (50 big blinds), and max buy-in is $100 (200 big blinds).
Dinner will be ordered around 6pm which people can choose to pitch money for to participate. Game runs very late if people are still playing.
Street parking available. Near Lancaster and Wellington intersection, Kitchener.
50/50 tournament:
1. Jawse- confirmed for both
2. Jaydon - confirmed for both
3. Amy - confirmed for both
4. Whitey - confirmed for both
5. jayLitner- confirmed for both
6. MrCaspan - confirmed for both
7. Barno - confirmed for both
8. Terry - confirmed for both
9. Benolds - confirmed
10. Botmac - confirmed
Cash (if not involved with tournament):
1. Praveen
2. Jojo
3.
4.
5.
synackca
So you pay $50 ($500), then when it's down to 5 players, everyone gets $50 ($250) and the game stops, and the cash game begins? What happens to the other $250?
Jawse
Yes, the game stops when half of the players are eliminated, and the other half double their money. The other $250 ($50 each of the 5 winning players), they can choose the following:
1. Take their $50 winnings and leave
2. Use the $50 to buy in to the cash game that follows.
I will edit the post and add that there is a $25 minimum buy-in for the cash game. Max buy-in is $100.
synackca
I'm not following tbh, this doesn't really make any sense.
g2
Jawse;d-35896 wroteOnce half the players are eliminated, the other half receive payment ($50), and then cash game starts.
Perhaps you mean they receive payment of $100?
Jawse
Sorry if I made it unclear. When half the players are eliminated, the eliminated players lose their buy+in of $50, and the remaining players receive $50 each, which comes from the eliminated players.
For example, if there's 8 players in the 50/50 tournament, when 4 players are eliminated, the tournament just stops right there. The eliminated players have lost their money, and the remaining players have effectively doubled their money.
So yes, as the comment above mentioned, the winning half of the players receive a payment of $100 (their initial $50 buy-in, plus an additional $50).
g2
Jawse;c-426509 wroteSorry if I made it unclear. When half the players are eliminated, the eliminated players lose their buy+in of $50, and the remaining players receive $50 each, which comes from the eliminated players.
For example, if there's 8 players in the 50/50 tournament, when 4 players are eliminated, the tournament just stops right there. The eliminated players have lost their money, and the remaining players have effectively doubled their money.
So yes, as the comment above mentioned, the winning half of the players receive a payment of $100 (their initial $50 buy-in, plus an additional $50).
This remains unclear 🤣
Do you only collect the $50 buy-in *upon losing*?
Jawse
Upon losing, as in being the first half of the people eliminated, you get nothing. You lose your buy-in. Your buy-in goes to the winners.
moose
$50 tourney. Double or nothing.
jaydon_h
In please very interested !!
jaydon_h
jaydon_h;c-426518 wroteIn please very interested !!
For both cash and tourney
JayLitner
What day is this running?
kwmatt
JayLitner;c-426522 wroteWhat day is this running?
Says Oct 26th
JayLitner
Whoops, didn't see that. Please add me on!
MrCaspan
This is not complicated guys LOL
Sounds like a fun way to do a tournament rather than sitting for 5 hours to get nothing for coming in 4th place..
Sign me up please! Can you DM me your address when you have a min?
kwmatt
I can vouche for jawse as well. Played many times at my place as well
benolds17
In please. Can you send me the address?
MrCaspan
Just need 2 more players!!
Botmac
in please, need address thanks
jojo
In please.