Summer Seniors

For those old guys on here (are you paying attention Comp?) the Venetian has posted their Deep Stacks III schedule (http://www.venetian.com/content/dam/lasvegas/venetian/master/main/home/casino/DSE_III_2016-Schedule.pdf). They have a $600 buy in Seniors tourney running June 14th - 16th. June 14th & 15th are days 1A and 1B with day 2 running on the 16th. This tourney is conveniently scheduled to run just before the WSOP Seniors, which starts on the 17th. Flights, car and hotel are booked. :-)

Comments

  • Gogie wrote: »
    Flights, car and hotel are booked.
    Thanks. What exact dates are you there?

    The problem for me is that I will be playing the new WSOP Tag Team Event (thru satellite) with a pro friend, but it won't be until July 6-8, so I don't want to stay > 23 consecutive days in Lost Wages. DirtArse & I will be playing WSOP Event 27 on June 17. After the HPO Season 4 Championship Event on June 24 (you can win a voucher thru Rama), there will probably be another Seniors Event at M Resort.

    Do you know the dates for other Seniors Events? I'm hoping all the other Seniors Events will be after June 17, so we can skip Sheldon Adelson's evil tournaments. :p Otherwise, I'm hoping I can fly home with DirtArse early, then return to Vegas with his "same-sex partner" :wink2: free airline ticket for HPO or WPT 500.
  • I arrive in Vegas the evening of June 9th and leave at noon on June 20th. I'll have a vehicle for the entire trip. My wife will be with me until the morning of the 13th (so my poker will be selectively limited). After that it's game on!

    As of today only three casinos have released their schedules - Rio (WSOP), Venetian (DeepStack III) and Golden Nugget (Grand Poker Series). The Seniors tournaments for those three are all pretty close together:

    Venetian - June 14 (Day 1A), June 15 (Day 1B) and June 16 (Day 2); $600 buy-in
    WSOP - June 17-19; $1000 buy-in
    Golden Nugget - June 18 (1 day tournament); $240 + $10 buy-in

    Unlike some, I'm not opposed to playing at the V despite the evil Adelsen. I find their tournaments to be among the best that I've played. The structures are usually as good or better than most. Not only do I play there, I usually stay there (at least when my wife is with me). 😜

    FYI, I'm planning to play the WSOP Seniors as well. Maybe we can meet up before or during.
  • Holy Super High Roller, Batman! "OKJ Presents: Seniors Super High Roller $10,000" :o
    I'll try to play at Golden Nugget on June 18, 25 & 27. If I win the satellite, I get to play in my 1st ever "Super High Roller." If the Tag Team format will be similar to the WSOP one I'll be playing, then I'll play it as practice with a different teammate.
    Gogie wrote: »
    Golden Nugget - June 18 (1 day tournament); $240 + $10 buy-in
  • Which hotel do you plan to stay in? DirtArse and I plan to arrive on June 13 with a car rental, and hopefully I can register for Wynn's nice structure before it gets too late. I'm thinking of booking a hotel soon, but I noticed that Seniors weekend coincides with EDC weekend with over 400,000 partyers in attendance, and hotel rates skyrocket.
    Gogie wrote: »
    I arrive in Vegas the evening of June 9th and leave at noon on June 20th. I'll have a vehicle for the entire trip. My wife will be with me until the morning of the 13th (so my poker will be selectively limited). After that it's game on!
    :
    Maybe we can meet up before or during.
  • BlondeFish wrote: »
    Which hotel do you plan to stay in? DirtArse and I plan to arrive on June 13 with a car rental, and hopefully I can register for Wynn's nice structure before it gets too late. I'm thinking of booking a hotel soon, but I noticed that Seniors weekend coincides with EDC weekend with over 400,000 partyers in attendance, and hotel rates skyrocket.

    I'll be at the Venetian. I'm planning on playing most of the Senior tournaments the week of the 13th, beginning with the Wynn. I'll be playing the Senior at the V, WSOP and possibly PH. Registration for the Wynn lasts until the beginning of level 6 so you should be ok as long as you get there before 3:30 pm or so.

    It seems that EDC and Seniors week coincide every year. It was on last year during my stay as well. Saw lots of interesting young folks - brought back memories of my wild and crazy days.
  • With the annual Electric Daisy Carnival Las Vegas coinciding with Seniors weekend last year, the WSOP dealers told me that they had a prop bet if any Senior would possibly go to EDC that weekend. A couple of us in my table actually did want to go. The other guy busted at the end of Day 2, so he said that after he picks up his cash, he'll pick up some "EDC chicks tonight!" I made it to Day 3 so EDC remains on my bucket list.

    EDC is very popular with many of the young poker pros, willing to pay for the mandatory three-day pass. Anybody recognize the players below, besides Liv Boeree and Jonathan Duhamel?

    8dca5c76c0.jpg
    Gogie wrote: »
    It seems that EDC and Seniors week coincide every year. It was on last year during my stay as well. Saw lots of interesting young folks - brought back memories of my wild and crazy days.
  • Gogie, Aria has finally released its schedule, so I updated http://www.pokerforum.ca/f10/seniors-events-33422-post399707/#post399707.
    Gogie wrote: »
    I'm planning on playing most of the Senior tournaments the week of the 13th, beginning with the Wynn. I'll be playing the Senior at the V, WSOP and possibly PH.
  • BlondeFish wrote: »
    Gogie, Aria has finally released its schedule, so I updated http://www.pokerforum.ca/f10/seniors-events-33422-post399707/#post399707.

    Thanks. I have it on my list of possibles. All depends on how I make out in the Venetian senior. If I make day two of the V's then I won't be able to make the Aria. Otherwise I'll probably play the Aria.
  • Gogie, have you already calculated the adjusted Patience Factors for your possible events, or are you using S-Points? I've only done PF for the WSOP events <= U$1K, and wondering if S-Points is better to use for all the events I'll be playing.
    Gogie wrote: »
    Thanks. I have it on my list of possibles.
  • I've done PF's and I've done my own calculations incorporating the vig%, PF and S points (I'm a bit of a stats geek, although far from an expert). I'll list the Senior's and maybe a few others later. Just on my way out.
  • I've attached a PDF file with a summary of a number of tournaments (including most of the Seniors). The file includes patience factors and S Points for all the tournaments. I've also added a few calculations. I think the most interesting one is the last column, where I've taken the % of buy-in that goes to the prize pool and multiplied it by the SPoints to give an indication of the value received for your buy-in.
  • Cool. :cool2: Note that Wynn & Venetian have hidden deductions so their total rake is 11.9% and 13%, respectively, as shown on the Seniors Events thread. Their "PF / Vig %" of 283 and 227 shows that they are the best-value Seniors Events to play.

    Patience Factor is more than good enough for non-pros who want to get a lot of play for their money, without necessarily looking for the slowest structure IF they make it to Level 18 or 14. S-Points seems to ignore the first five levels, which makes it inaccurate after the huge changes in the WSOP blind structures this year. :( The <= U$1,000 WSOP Events shows the highest S-Points of 101, but their PF is actually the lowest in your calculations at only 19.7.

    I warn my friends about the Rio Daily "Deepstacks" :bs: and all our metrics confirm that it is terrible, including your lowest rating of only 17 for "(1-Vig%) x S-Points."
    Gogie wrote: »
    ... I think the most interesting one is the last column, where I've taken the % of buy-in that goes to the prize pool and divided it by the SPoints to give an indication of the value received for your buy-in.
  • Hey BlondFish, there was a typo in description of the last column of my spreadsheet. It should have said "multiplied" by the SPoints, not "divided".
  • I've updated my spreadsheet and changed the combined ranking formula to (I think) better reflect the overall value of tournaments. I've added the PF factor and the SPoints for each tournament (on the assumption that PF better measures early tournament play and SPoints better measures later tournament play) and divided that total by the % of buy-in that goes to the players. I think this gives a fair indication of value and I've ranked the tournaments in the attached file based on the highest results. I've shown the senior tournaments separate from some other selected (by me) tournaments. Have at it.

    Note that I've shown staff fees (where they are disclosed) separately. Being the cheap bastard that I am this will certainly factor into any potential tips that I might give should I cash (although the 30% "tip" that Uncle Sam takes for "big" wins will certainly be a bigger factor in my tipping).
  • You forgot the extra $10 deduction of Golden Nugget to make its total vig at $50 or 20%; "(PF+Spoints)
    x (1-Vig%)" = 71.37. I would much rather play M Resort's $480+75, Aria's $385+$65 and GN's $300+$60 than the hard-to-beat 20% rake of Binion's and GN.

    If I decide to use S-Points for all my future tournaments, I would personally use a multiplier for both Patience Factor and Rake in your final column, e.g., (3 * PF + S-points) * [2 * (1-Vig%)], but your extra columns are more than good enough to post on the 2+2 thread as they are better indicators than just S-points.

    A friend who "threw everything away and went pro" rarely played in the tax-free WPT Canada events but kept playing in the Daily Deepstacks & other 30%-taxed open MTTs every summer. Hopefully, he will finally make better game selection when I show him your spreadsheet.
    Gogie wrote: »
    Being the cheap bastard that I am this will certainly factor into any potential tips that I might give should I cash (although the 30% "tip" that Uncle Sam takes for "big" wins will certainly be a bigger factor in my tipping).
    I almost always tip before I leave a profitable series, including a first place win in Las Vegas when there was no withholding, but after last summer's >$4,000 30% deduction, I did not give any more.
  • BlondeFish wrote: »
    If I decide to use S-Points for all my future tournaments, I would personally use a multiplier for both Patience Factor and Rake in your final column, e.g., (3 * PF + S-points) * [2 * (1-Vig%)], but your extra columns are more than good enough to post on the 2+2 thread as they are better indicators than just S-points.

    Just to be clear, are you saying you would weight PF by a factor of 3? I was wondering about trying to weight one factor over the other but I wasn't sure which factor should count more, PF or SPoints. I'll play around with your suggestion and see what it looks like.
  • Yes, with S-Points not accounting for the first five levels, it misses what non-pros look for of a deep starting stack and lots of play before the antes start. We both played a $1,000 WSOP event last year, and you will see how much faster it is this year. I would not be surprised that 4-figure buy-in WSOP events with over 4,000 players will be ITM in Day 1 this year. :-\ PF shows how much the WSOP structure has worsened from last year's 31 :h: while S-Points is misleadingly higher this year. :bs:

    By the way, have you done the calculations for the highest buy-in $300+$65 Daily Deepstacks, at least to confirm that the 17.8%-raked MTT with only 20-minute levels is not much better than the other DDS?
    Gogie wrote: »
    Just to be clear, are you saying you would weight PF by a factor of 3? I was wondering about trying to weight one factor over the other but I wasn't sure which factor should count more, PF or SPoints.
  • BlondeFish,

    I've attached an update of my file. I've ranked the tournaments based on your weighted formula (last column) and separated the Seniors tournaments from the other tournaments that I'm interested in during my stay. Some comments on the results:

    1. Wynn has the top-ranked Senior. The WSOP Senior, despite its low PF, still ranks second. I guess that's an indication of the better "play" in the latter part of the tournament. The Venetian is a close third and Planet Hollywood is fourth. Overall it looks like most of the senior tournaments are reasonable to good value.

    2. Of the other tournaments, I think it's safe to say that Planet Hollywood has pretty good structures and the Venetian's are also good. Despite it's high vig%, Binion's daily $10K guaranteed is also reasonable value.

    3. At the other end of the spectrum, the Rio's dailies and turbos at PH and V probably should be avoided unless you need a quick fix.
  • With Golden Nugget's total vig of 20% (not 16%), its "(3*PF + SPoints) x (2 * (1-Vig%))" = 220.21 (not 231.22). After this correction, your spreadsheet is BlondeFish-approved, :wink: and you should post it on the 2+2 Structure thread. I'll try to post it on my thread in 2+2.

    It's interesting that four of the worst six tournaments in your list are the Rio Daily Deepstacks. You won't be playing any cash games or tax-free satellites?
    Gogie wrote: »
    I've attached an update of my file. I've ranked the tournaments based on your weighted formula (last column)...
  • BlondeFish wrote: »
    With Golden Nugget's total vig of 20% (not 16%), its "(3*PF + SPoints) x (2 * (1-Vig%))" = 220.21 (not 231.22). After this correction, your spreadsheet is BlondeFish-approved, :wink: and you should post it on the 2+2 Structure thread. I'll try to post it on my thread in 2+2.

    It's interesting that four of the worst six tournaments in your list are the Rio Daily Deepstacks. You won't be playing any cash games or tax-free satellites?

    Here's the BlondeFish-approved version.

    Don't plan on playing any satellites but I may play some cash games at the V. My preference for cash games is actually limit. I cut my teeth in live poker playing 4-8 at Bellagio and then moved up to 8-16 as my game of choice. I played 15-30 limit at Bellagio and 10-20 limit at Mirage a few years ago but I haven't played either lately. I've played a bit of 4-8 with a half kill and 8-16 when it's spread at the V the last few years to pass time but devote most of my time to NLHE tournaments now (best way to control my spending and have a chance to make the odd decent score). I'm strictly an amateur and I generally only play live poker when I'm in Vegas (once or twice a year, if I'm lucky maybe a third trip late in the year). I avoid NL cash games - I find the kids too wild and crazy to really enjoy them.
  • Beware that Planet Hollywood's "final" structures @ https://drive.google.com/file/d/0ByeeGrmbwRO0b2dfSFZ2THdpWFE/view now has only 10K starting stack for the Goliath Seniors Championship instead of what TD Chris Gawlik had promised me of 20,000. With blinds starting at 50/100 and only 30-minute levels, Patience Factor is only 17.4, which will make it the WORST structure, :o and blind-off time takes only 4.17 hr. In contrast, Wynn's PF is twice as high at 33.8 with more beatable rake.

    I have contacted him and if he doesn't correct this, avoid this and any other $520+$80 PH tournament that has already the highest rake of 13.3% for a $600 buy-in.
    Gogie wrote: »
    ... Planet Hollywood is fourth.
  • BlondeFish wrote: »
    Beware that Planet Hollywood's "final" structures @ https://drive.google.com/file/d/0ByeeGrmbwRO0b2dfSFZ2THdpWFE/view now has only 10K starting stack for the Goliath Seniors Championship instead of what TD Chris Gawlik had promised me of 20,000. With blinds starting at 50/100 and only 30-minute levels, Patience Factor is only 17.4, which will make it the WORST structure, :o and blind-off time takes only 4.17 hr. In contrast, Wynn's PF is twice as high at 33.8 with more beatable rake.

    I have contacted him and if he doesn't correct this, avoid this and any other $520+$80 PH tournament that has already the highest rake of 13.3% for a $600 buy-in.

    Updated my data once more. PH Seniors now ranks fifth, behind the GN. Anything else change (I looked at a few other PH structures and they seem to be unchanged)?
  • Planet Hollywood told me that they will correct it back to 20K. My PF calculation is 28.7, which differs from your 23.77.

    Did you also use 15,000 starting chips for the Golden Nugget Seniors Events? GN's structures file now shows only 10K, so I don't know if I've already gone senile or the casinos are perpetrating elder abuse. :wink2:
    Gogie wrote: »
    Anything else change (I looked at a few other PH structures and they seem to be unchanged)?
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