67 replies to this topic

[Dude1101]

Its a great way to turn 5 bucks into possibly 3000 by playing a series of SNGS called "rounders". There are 5 rounds that you play. Round one is a 5 dollar entry into a single table 10 person SNG. The top 2 win an entry into round 2. The top 2 from round 2 go to round three. Then you need to place top 4 in round three and top 5 in round 4 to go to the final round. Round 5 pays the top 4 at: $3000, 1200, 800, and 500. I won 1200 on my third try and think this is the greatest thing ever.

[superchuck]

as long as u place in the top 4 every 50 times u play you will make a substantial amount of money. they have things like it at other sites, i believe they are called step tourneys.

[justblaze]

2 things:1. Party Poker has had this for a while now... 2. They are big ripoffs. The rolling vig means that some ludicrous number like 45% gets taken out of the prize pool before you can win any cash.

[superchuck]

x3000gtx said:

umm couldnt you just do the same thing on any site by yourself starting with $5 and if you win take the $25 and play in a $25 sng, and so on.... plus doing it this way you can stop anytime you want. just a thought...

no, because the money that others buy in with goes towards one huge prize pool.

[Dude1101]

you win tokens each round so you can play anytime you want, and I dont mind if they take money out, turning $5 into $1200 seems like a good deal to me...

[CodyHartman]

Man I need to check out other sites. I just hate some of the hassles associated with starting at a new site. I have been at UB almost since the beginning and rarely play online.This idea sounds really cool though, the bad side to this though is the fact that you have to place well 5 times in a row in order to get paid, but yes the paydya is nice. Must be a lot of suckers who continually lose their money or the same 2,ooo people keep shuffling the $$ around and the site just takes their bite out of it.The thing on the vig is interesting any math major care to break this down for me. Or just tell me what the original vig is on the 5, my guess is 50 cents?? If I get bored I'll work on the math today at work.

[superchuck]

x3000gtx said:

from what i see, you win a $5 sng you get say $25. you win a $25 sng you win like $125. you win a $100 sng you win $450. you win a $400 sng you win about $2000. i would rather take my chances doing this.......

correct me if im wrong, but in the 2nd-4th rounds, dont like the top 2 or 3 advance, and not just the winner. For Example in round 2 they take the top 2 finishers, then in round 3 they take the top 3 finishers.

[Dude1101]

[quote="x3000gtx"]from what i see, you win a $5 sng you get say $25. you win a $25 sng you win like $125. you win a $100 sng you win $450. you win a $400 sng you win about $2000. i would rather take my chances doing this.......[/quoteGood for you if you can win first place in every SNG you play. Its a lot easier for me two consistantly place top 3 than to place first everytime so a structure like this is perfect for me.

[Suited_Up]

superchuck said:

x3000gtx said:

from what i see, you win a $5 sng you get say $25. you win a $25 sng you win like $125. you win a $100 sng you win $450. you win a $400 sng you win about $2000. i would rather take my chances doing this.......

correct me if im wrong, but in the 2nd-4th rounds, dont like the top 2 or 3 advance, and not just the winner. For Example in round 2 they take the top 2 finishers, then in round 3 they take the top 3 finishers.

Well the one's on Party work that way... although they're all 2 tables... top 4 usually advance, and the later you get, up to I think top 7 or 8 can even get free entries to try again, at the same or lower level depending where you place. Which would be why it's better than just doing it yourself, even if you blow it late, you have another shot.Also, at Party... you can win 9,000, but the starting buy-in is $11.

[GoBucksIndy]

"2 things: 1. Party Poker has had this for a while now... 2. They are big ripoffs. The rolling vig means that some ludicrous number like 45% gets taken out of the prize pool before you can win any cash."The vig is the same as in playing 5 different tournies, so I disagree that it's a ripoff.

[Suited_Up]

GoBucksIndy said:

"2 things:  1. Party Poker has had this for a while now...  2. They are big ripoffs. The rolling vig means that some ludicrous number like 45% gets taken out of the prize pool before you can win any cash."The vig is the same as in playing 5 different tournies, so I disagree that it's a ripoff.

Also... how many one or two table tourney's do you know where you win $ in the thousands? If you want to do that you'll need to beat hundreds of other people...which makes it much more of a long shot.

[TheIceman05]

Suited_Up said:

GoBucksIndy said:

"2 things:  1. Party Poker has had this for a while now...  2. They are big ripoffs. The rolling vig means that some ludicrous number like 45% gets taken out of the prize pool before you can win any cash."The vig is the same as in playing 5 different tournies, so I disagree that it's a ripoff.

Also... how many one or two table tourney's do you know where you win $ in the thousands? If you want to do that you'll need to beat hundreds of other people...which makes it much more of a long shot.

?? You ARE beating thousands of people, yo. You're just only seeing 9 at a time. It's just like any other tournament. They just break the tables up and redistribute the money (they do redistribute the money, right?) You're beating the same number of people.I'm not trying to be a downer, but these are just called "satellite tournaments." You pay for a 5 dollar satellite. You win! You get a buy-in to a 45 dollar satellite. You win! You get a buy-in to a 400 dollar satellite. You take second! You get a buy-in to an 1800 dollar satellite! It's a pretty nifty idea, and it generates action, but these are really just a series of satellites if you can't use your chips from your earlier table. Otherwise, their just tournaments where the tables break.Right??

[TheIceman05]

Oh manSorry for the grammar mistake. I meant "they're" near the end there, not "their." Haha, but I did just use 3 homophones in the same sentence, so it was worth it. Eff Off Biatches!Sorry again,Ice

[Suited_Up]

It's not really the same.... Say at party... you play 5 tournaments with 2 tables each... that's only 100 people total. To win $9000 you would have to enter that $10 buy-in to a tournament with a couple thousand people in it.2000 x 10= 20,000 prize pool... you'll get around 21% of that for 1st, which is what, a little over 4,000... if you beat 2000 people.But you can beat 100 total and win $9000.

[TheIceman05]

Suited_Up said:

It's not really the same.... Say at party... you play 5 tournaments with 2 tables each... that's only 100 people total.  To win $9000 you would have to enter that $10 buy-in to a tournament with a couple thousand people in it.2000 x 10= 20,000 prize pool... you'll get around 21% of that for 1st, which is what, a little over 4,000... if you beat 2000 people.But you can beat 100 total and win $9000.

Nope, sorryYou're not beating 100 people. Here's the setup:Rd 5 10 leftRd 4 20 leftRd 3 50 leftRd 2 250 leftRound One- 1250 entrantsAssuming the initial numbers you gave me were correct, you're outlasting 1250 people. Also, the total buy in is 6250, 750 of which is kept by the house, for a vig of exactly 12%.If anyone thinks my math is wrong, let me know. I scribbled it on a piece of paper with a crayon like a 3rd grader. Then, I put a smiley face on top, because I think I did good.Ice