TOC GBH Satellites Start on Monday, October 15, 2007
Hi guys,
It brings us great pleasure to unleash this news to you hot off the press.
Starting Monday, October, 15 at 11:00am we will be kicking off our satellites.
The winner of each satellite will win a seat in to
Canadian Poker Tour Major Event
- December 11 - 12, 2007 Tournament of Champions Special $2,000 + $100 FREEZE OUT
It brings us great pleasure to unleash this news to you hot off the press.
Starting Monday, October, 15 at 11:00am we will be kicking off our satellites.
The winner of each satellite will win a seat in to
Canadian Poker Tour Major Event
- December 11 - 12, 2007 Tournament of Champions Special $2,000 + $100 FREEZE OUT
Comments
Don't judge just yet, we don't know how many chips = a piece
60...stated in the OP
so 60 chips = a piece and you get 60 pieces, that's 3600 chips...not bad at all
My bad..its 60 pieces...and the blinds schedule are by pieces and not chips...
Each player only gets 60 chips. Given a reasonable assumption that it will take around 20 minutes for every 11 hands, the Patience Factor is 2.3 and the Skill Level is only 1. In GBH's $100 SNGs, you only get 40 chips but the blind schedule is not as bad, and the Patience Factor works out to be the same. -ev is correct that this is a -EV "donkament" similar to many clubs, except this one costs $300! OLG GBH interestingly uses the same profit target as the commercial casinos in wanting to earn ~$100/hour/table, so it wants the satellite to end within two hours. The rake is reasonable at 6.1%.
From a player's perspective, one would be much better off waiting for Casino Brantford's $55 +$EV MTT satellites, or playing in a rake-free home game satellite. As part of my WPT preparations, I am playing in several Skill Level 6 or 5 tournaments this week, and they all cost less than $300 TOTAL! For those who choose to gambool in this casino satellite and get lucky enough to win, I would be interested in buying their seat.