Live - CNE Casino $120,000 Final
Somebody was offering thousands of dollars to buy a Final entry for the CNE Casino ~$120,000 Championship (which is non-transferable and not allowed), and it gave me this idea of possibly offering a piece of the action. As stated in the link below posted by pkrfce9, the "seat is valued up to $6,400."
Approximate prize payouts
~$120,000 Total
1st - 62.5% ~ $75,000
2nd - 17.5% ~ $21,000
3rd - 10% ~ $12,000
4th - 4% ~ $4,800
5th - 3% ~ $3,600
6th - 2% ~ $2,400
7th - 1% ~ $1,200
I believe that ~$6,400 is a reasonable estimate of my EV for the Final. I have ~30K chips, but I believe that I am the best player out of the CNE tournament players. I'm reasonably sure that I have the most cashes in Ontario casinos since I went back to playing live last year, e.g., I almost have a wheel in cashing in every single place in the Casino Rama final table, including three Top 2 wins. Since playing online again in May, I have 80% ROI and 97.4% rating in OPR (PM me for link).
The couple of decent players at the CNE that I have seen cash more than once in Ontario/Montreal MTTs have NOT made it to the Final. The blinds will be rolled back in the Final with 60-minute levels. :cool:
I'm thinking of doing this with no mark-up, at a discount of at least 0.9375, e.g.,
1% - $59
2% - $117
>= 5% - only $280 (or $56/1%)
0.5% - $30
0.25% - $16.
For example, if you invest for 5% and I win first place, then you will win ~$3,700, multiplying your $280 investment by 13 times. Posting your interest is fine for now, then I'll ask to send payment this Wednesday night through any of the following methods (deadline on Friday, Aug. 29, 11:59 PM):
- in person, e.g., this Friday at Bill's (or next time I show up)
- Paypal
- EMT
- partypoker.
Feel free to ask questions or to reserve interest. The investors can cheer me on at the CNE on August 30, then hopefully, we'll go for a celebration dinner after. Chocolate-infused fried chicken and liquid nitrogen sorbet FTW!
Payment List:
2% - ddmilcan (paid)
2% - JimmyHo (paid)
1.096% - UbetIfold (paid $64.69)
1% - kwsteve (paid)
1% - Milo (paid)
1% - Wolffhound (paid)
1% - payperview (paid)
1% - moose (paid)
1% - Hobbes (paid)
1% - non-forumer (paid)
0.55% - Colin408 (paid $33)
0.359% - pkrfce9 (paid $23)
10% - reserved
5% - paid
5% - paid
5% - paid
...
http://cdncne.s3.amazonaws.com/assets/pdf/documents/2014_Casino_Poker_Tourn_Rules.pdf
:
I have no doubt 99% of the participants are complete degens. Buddy, you should have no trouble taking this down ...
Approximate prize payouts
~$120,000 Total
1st - 62.5% ~ $75,000
2nd - 17.5% ~ $21,000
3rd - 10% ~ $12,000
4th - 4% ~ $4,800
5th - 3% ~ $3,600
6th - 2% ~ $2,400
7th - 1% ~ $1,200
I believe that ~$6,400 is a reasonable estimate of my EV for the Final. I have ~30K chips, but I believe that I am the best player out of the CNE tournament players. I'm reasonably sure that I have the most cashes in Ontario casinos since I went back to playing live last year, e.g., I almost have a wheel in cashing in every single place in the Casino Rama final table, including three Top 2 wins. Since playing online again in May, I have 80% ROI and 97.4% rating in OPR (PM me for link).
The couple of decent players at the CNE that I have seen cash more than once in Ontario/Montreal MTTs have NOT made it to the Final. The blinds will be rolled back in the Final with 60-minute levels. :cool:
I'm thinking of doing this with no mark-up, at a discount of at least 0.9375, e.g.,
1% - $59
2% - $117
>= 5% - only $280 (or $56/1%)
0.5% - $30
0.25% - $16.
For example, if you invest for 5% and I win first place, then you will win ~$3,700, multiplying your $280 investment by 13 times. Posting your interest is fine for now, then I'll ask to send payment this Wednesday night through any of the following methods (deadline on Friday, Aug. 29, 11:59 PM):
- in person, e.g., this Friday at Bill's (or next time I show up)
- Paypal
- EMT
- partypoker.
Feel free to ask questions or to reserve interest. The investors can cheer me on at the CNE on August 30, then hopefully, we'll go for a celebration dinner after. Chocolate-infused fried chicken and liquid nitrogen sorbet FTW!
Payment List:
2% - ddmilcan (paid)
2% - JimmyHo (paid)
1.096% - UbetIfold (paid $64.69)
1% - kwsteve (paid)
1% - Milo (paid)
1% - Wolffhound (paid)
1% - payperview (paid)
1% - moose (paid)
1% - Hobbes (paid)
1% - non-forumer (paid)
0.55% - Colin408 (paid $33)
0.359% - pkrfce9 (paid $23)
10% - reserved
5% - paid
5% - paid
5% - paid
Comments
Would be interested to know stacks at the table.
And since I have some $ with you ....
http://cdncne.s3.amazonaws.com/assets/pdf/documents/2014_Casino_Poker_Tourn_Rules.pdf
Can I BAP $23 worth?
tapatalk puts this here to annoy YOU
There were only a few unsold stacks in the first two semi-finals, so I expect the prize pool to be close to the $128,000 maximum. I'll reply to the other questions after I'm dealt excitement at Casino Rama today.
All the CNE players are much worse than him, and having played against him at Brantford/Rama/GBH, I know I'm better than this "feel" player.
Give you the $$ at Bill's
Milton Slim
400/800 + 100 ante; there were never any antes before, so most of the CNE players may be unfamiliar playing with antes.
500/1000 + 100; small increases for more skill-based play! :cool2:
600/1200 + 100
800/1600 + 100
1K/2K + 200
Members who have read my CNE threads now know more about the Final structure than most of the finalists! Over 12% of the BAP has now been reserved. I'll probably want to keep 50%-80% for myself.
correct, they get carried over.
Also interested but would like to know relative chip stacks first. Are you avg, less than avg, more than avg?
Avg M is 18, what's yours?
This +1. Also possibly interested.
How many total runners In the final, (20?) and how many spots paid, which each place receiving what exactly?
he posted payout in the first page, 20 players 7 places paid.
Gl bf !
Tid.
Thanks to cns187 for answering the other questions.
With his track record it's realistic.
1% after this confirmation.
I could also be underestimating how terrible the competition is, but my thoughts are they have to be reasonably competent to have made it this far?
- Two cashes at GBH earlier this year, and they were back-to-back wins (1st 1 chopped; PM for link).
- I didn't make ITM at Rama today, but when I do cash, I've had a couple of "Congratulations on your WIN!" photos.
- I also had back-to-back Top 2 finishes in Brantford and Rama on two consecutive days.
- There were over 1,000 players in the online $200,000 Gtd last month, and instead of just min-cashing, I made it all the way to the final table.
I asked Popkorn why he goes all the way to the CNE instead of staying at his home casino, and he told me the bad losing players that he no longer sees suddenly show up at convenient CNE. The final two tables that I see at GBH/Brantford/Rama/Bill's are much better than what I've seen from these CNE players who luckboxed from Bingo satellites.
If you take a winning player whose poker profits are in the 6 figures, while similar profitable players are everywhere else BUT the CNE Final, then the EV may be a lot higher than the average.
I've had hundreds of heads-up (or final 2) matches, so I believe I have an edge if I get to play for the $54,000 difference heads-up, but especially if the blinds are high, I will make a +$EV offer that would make pkrfce9 and compuease proud. >:D