WPT Satellite Trip Report

A friend and I carpool to the casino on Sunday noontime. We were both shocked that there was not enough interest for any WPT satellite! The person who is trying to organize a rake-free WPT league went on a weekday to play a satellite, but there was never enough interest for him to play one. A forumer went on another weekday but gave up and left before any satellite started. I was about to go on Thursday when I found out that there were more than 10 people on the interest list, but I was told by the poker room that a satellite won't be held that night so I at least saved the trip.

A forumer was thinking that the higher fees for this year's satellites would lead to a backlash, and I strongly disagreed that the gamblers would notice enough to care, but so far, I have not seen a single $460 satellite run, which is actually a worse value than the $170 satellites because the decreased starting chips to 2000 and 20-minute blind length are too low to justify the higher cost. For the $170 satellites that I have seen, I see very few repeat players, e.g., the busted players make negative comments and refuse to sign up again.

My friend and I play the 2/5 NL cash game, hoping there will eventually be enough satellite interest. I was in a juicy loose table, with preflop raises to $65 or $102, :fish: but I lost with QQ, JJ, 99, several AK, and KQ after flopping top pair with an open-ended straight draw. My friend gave up on the satellite and drove to Seneca Casino since he is just about the only Canadian I know who can beat the 30% withholding tax and high rake of Seneca's weekly tournaments.

In one of my last hands, I limped on the puck with
:ts :8s
The SB raised to $35, and all four limpers called so I also called. The flop was something like
:as :qs :7h
The original raiser bet $150. I was ready to fold my flush draw, then a huge stack called, giving me the implied odds to call too. The turn was
:ks
The raiser checked, then the huge stack went all-in. Having the second nuts with a royal flush draw, I obviously called. The SB folded and the huge stack showed a lower flush draw. After losing all day with high pocket pairs and AK, I finally won a pot of over $1,000 with T-8. :-[ Unfortunately, the juicy table soon broke up and I decided to take my first ever comp. with my Players Advantage card by getting a free buffet.

After the decent buffet, my friend had not yet returned from Seneca to drive me home so I signed up again for the cash games and satellites. There were 12 players on the interest list for the satellite, so one was eventually scheduled for 10 PM. The players were called over, but a few had already given up and left. Fortunately, the satellite staff was able to draft a couple of the cash game players to play the satellite, so it finally got underway at 10:25 PM.

I busted a couple of players and had more than half the chips with five players left. As forumers 13CARDS & former WPT TD "Fallsview" and other poker room staff know, I occasionally write down my hands. Unfortunately, there was one floor person who mistakenly thought that this was illegal and sternly told me to stop using my pen and paper. I informed him that I had already cleared this before and he said he was going to verify with the new WPT TD, but I knew that person was not on duty since I had already tried to phone him back earlier in the day. I saw a severe penalty imposed on a player in last week's satellites that I felt was unjustified, so I didn't want to risk getting an unjustified penalty myself while being chip leader.

I later verified with another floor person who I remember from last year's WPT main event that while electronic devices are not allowed, pen and paper are perfectly fine in any poker game. However, the damage was done and my concentration and mojo had been taken away. I lost the chip lead. Of the final three players, two of us already had won a $1,240 Step Q voucher and the other player has had a lot of WSOP/WPT cashes and said he will never play these high-raked satellites again and will just buy in directly to the $10K event. I eliminated this player, but the other voucher winner had a 2-to-1 chip lead. He was open to a deal either taking or giving cash for the voucher(s) and so was I, but I was too paranoid from that one floor person to take out my pen and paper to figure out our fair tournament equities. My stressed brain came up with an estimate and offered him a deal where I get extra cash plus the $170 replay voucher, and to my pleasant surprise, he quickly accepted. I was already thinking of going all-in with my hand, but instead shook his hand and mucked my all-in hand to officially end the satellite. I verified later using the Independent Chip Model that I got a good +$EV deal. :cool:

It was one hour and 45 minutes before we made the deal and ended the satellite early. Had we played it out, it could have easily reached the 8th level of 400/800+100 and took two full hours. Hopefully, the $460 satellite structure will be improved so that it will take as many levels and more time to get to the final (three) winners than this $170 satellite. Unfortunately, I wasn't able to write enough notes to post the hand details from the satelllite.

So not only did I win money from the cash game, but I won extra cash from the satellite, along with my third voucher in three satellites! :) OK, so wants to join a carpool to Fallsview Casino next Sunday before noon?

Comments

  • congrats.

    last time i was there i heard one of the desk guys telling a tourist he could get into a $70 satellite at CN. i think it was a satellite into a $170 (but more likely a $460 and the desk didn't know what he was talking about.) i can only imagine how bad the rake is on that one... (did a quick search but couldn't find anything)
  • It's a shame about the WPT sats considering the work Buddy and myself put in last year to help analyze the games.
  • pkrfce9 wrote: »
    i can only imagine how bad the rake is on that one... (did a quick search but couldn't find anything)
    You don't have to imagine. ;) You can see that the rake is a virtually unbeatable 24% from my NAPC thread.
  • Fallsview wrote: »
    Amazing analysis Zithal and Blondefish! That is the quality of thread and post that validates the value of posting here, some could learn from them.
    :
    Again, kudos to Zithal and Blondefish.
    Yes, it's too bad that forumer "Fallsview" is no longer the WPT Tournament Director and Poker Room Manager at Fallsview Casino. Zithal, can you please post your analysis of the new $418+$42 Step 2 that I think offers even worse value than last year's two-table satellite?

    I estimate that it will only last 105-120 minutes before it finishes with the three winners of a $1,240 seat, which is barely more playing time than the much cheaper $170 satellite. Does your friend's program show a similar low playing time? I submitted my suggestions to the new WPT TD, and I'm hoping that improvements will be made since there are never enough players that are willing to sign up for the $460 satellite.
    Zithal wrote: »
    It's a shame about the WPT sats considering the work Buddy and myself put in last year to help analyze the games.
  • Deleted
  • Deleted
  • yup i think soooooooooo

    mods please post where this scum lives so some of us can go smack him/her around.
  • wow keep us up to date 13cards.

    poker going down the tubes, also internet poker will be hit with a big blow within the next year, you heard it here first.
  • I thought it was the minutes from the Fallsview staff meeting. ;)
    Pereftiyo wrote: »
    "Do you believe in life after death?" the boss asked one of his employees."Yes, Sir." the new recruit replied."Well, then, that makes everything just fine," the boss went on. "After you left early yesterday to go to your grandmother's funeral, she stopped in to see you.
  • hahahahahaha good one!!!

    what u going to do now with all your money blondefish?? if no wpt:)


    BlondeFish wrote: »
    I thought it was the minutes from the Fallsview staff meeting. ;)
Sign In or Register to comment.