Wednesday, August 23, 2006

Second Annual Invitational

The text below is from an email I sent out to our local pool of poker players.  Leave a comment with your email addy if you would like to get on the list and you’ll get some regular updates in the next week and a half.

Ok gang, here is the official invite to the "Second Annual BadBlood Poker Superstars Invitational."

Before I get into the details, please consider the following:  You will need to make a commitment to be available for BOTH days.  If you cannot make such a commitment, please do not sign up.

Saturday - September 2nd - 12pm start
Sunday - September 3rd - 2pm start

My house (specific details sent via email rather than INTARWEB)

$100 Entry fee
All players will play three PRELIMINARY ROUND 6-player single table tournaments (The number of players in preliminary rounds may be slightly altered to accommodate an odd number of total signups).  The goal is to accumulate points.  Points are distributed as follows:

1st - 10 + $50 Bonus
2nd - 7
3rd - 5
4th - 3
5th - 1
6th - 0

Each of the three PRELIMINARY ROUNDS will be played on Saturday.  Each table's participants will be randomized prior to the event.

I expect each of the tournaments to last about 3 hours.  THERE WILL BE TONS OF POKER TO BE PLAYED ON SATURDAY.

At the end of the 3 PRELIMINARY ROUNDS, the 6 players with the most points will advance to the FINALS on Sunday.  All players in Sunday's FINAL will start with an equal amount of chips.  Tie-breakers, if required, will be a headsup tournament on Sunday at 12pm.  The format for the tie-breaker headsup match will be the same, but will have 10-minute levels.

The payout for the FINAL round is:
1st  66% of total prize pool - preliminary tournament payouts
2nd 33% of total prize pool - preliminary tournament payouts

(Example:  Let's say we have 18 people.  Total prize pool is $1800.  There will be 9 (3x3) preliminary tournaments each paying $50 to the winner.  That leaves $1350 in the prize pool.  1st would get $900 and 2nd would get $450.)

The structure for all rounds, including the finals, is the following:

20-minute levels, starting chips T250 - Breaks are after every 3 rounds or roughly 1 hour.

Round     SB     BB
1     1     2
2     2     4
3     3     6
4     5     10
5     8     16
6     10     20
7     15     30
8     20     40
9     30     60
11     40     80
12     50     100  

During preliminary tournaments, deals can be made wherein a split of remaining points and the $50 prize payout may be discussed.  This could theoretically happen if a person playing in their last tournament is headsup with someone already guaranteed to advance such that the points are more valuable than the cash.

For the finals on Sunday, feel free to come watch even if you didn't make the cut.  I'll be there no matter what, even if I get outdrawn by a 2-outer on the river.

Any questions, please feel free to contact me.

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