These days in Hollywood (Florida and not California) plays the Seminole Hard Rock Poker Open, a tournament to $ 5,300 buy-in with re-entries, which promises a total in at least paid scholarships. According to the organizers of the tournament, it's the biggest guarantee in the world.
The tournament, which began on August 22 has 3 days of departure; 1 a, 1 B and 1 c. The particularity of this tournament is that players can re - enter the tournament when they are eliminated; again and again!
More (which may seem strange for a live poker tournament), you can enter all the days you want. Therefore, you enter the day 1, you have a number of tokens, but not are not 100% satisfied with your performance, then you also subscribe to the day 1 B. And you can do the same thing for the day 1 c, even if you have chips on days 1 A and 1 B.
After the first 3 days you take possession of the largest stack to begin the day number 2.
Interesting idea or not according to you?
According to Mike Matusow, it's a bad idea, and according to his account still, it's bad for poker.
Why? Because there might be cheating.
Say that you have accumulated 100,000 chips on day 1, if you are in the day 1 B with only 25,000 tokens, it is not impossible for you to put some chips in your pockets to add back them to your stack of the day 1 as it is every time the same tokens that are used.
But not to mention opportunities to cheat, this kind of tournament still has its advantages (of the guarantees interesting to mention only that one).
After 3 days 1, we find the following figures:
Day 1 A: 634 registered including 194 survivors
Day 1 B: 690 registered including 223 survivors
Day 1 c: 1060 registrants including 351 survivors
If you do the calculations, there is 2384 players have taken part in this tournament and paid the $ 5,300, giving a prize pool of 11. 9M, which is higher than the guarantee announced by the organizers.
With regard to awards, there are 338. For players who reach the final table, here's the awards which will be delivered to them:
1: 1. 7 M$
2nd: 1, 1 M$
3rd: $872K
4th: $639K
5th: $494K
6th: $378K
7th: $290K
8th: $232K
9th: $174K
With the leaders, Jesse Chinni is this 1st with 377,500 tokens. Ben Berg is 2nd with 331,100 chips and Justin Bonomo is third with 326,900 chips.
The other players who will move to the next day, include Jeremy Ausmus, Phil Laak, Danny Masterson, Chino Rheem, Shaun Deeb, Lee Childs, Jim Collopy, Jake Cody and Dwyte Pilgrim.
At present, there are 783 players at this tournament which will resume Sunday at noon.
PokerCollectif will give you more details on this tournament next week.
In the meantime, discuss this news on PokerCollectif forums: Jessi Chinni leader of the Seminole Hard Rock Poker Open