Poker Sites Take Notice - Part 2 - SUPER SNG's
Tuesday, November 08, 2005
Poker Sites Take Notice - Part 2 - SUPER SNG's
How would you like to play one $10 SNG and have a very viable chance at winning $1200? If you answered No Thanks, you need help that I can't offer, but if you said Tell Me More, then read on...
SUPER SNG'S
I believe this idea would work best at the larger poker sites as you will need a decent size clientelle to handle the size of the tourney on a regular basis. I figure a scheduled tourney once a night or as often as they fill up would work. PokerStars, PartyPoker, and UltimateBet are just a few of the sites I thought of for this idea, but I'm sure it would work at many other sites. I will use specific numbers for my example, though the buy-in and structure can be adjusted to an optimal format.
- 1000 players (10 players @ 100 SNG tables)
- $10 entry fee with $1 rake
- Each table plays down till 3 remain, thus 700 are eliminated with 300 in the money.
- The format is like a shootout in that you don't consolidate tables as players are eliminated.
- The 300 remaining players are awarded $20 for making it into the money.
- Each player who is in 1st place at their respective table is eligible for the Top 30 SUPER SNG payout based on their chipstack. Therefore, 30 out of the 100 players who came in 1st at their table will receive a payout above and beyond the initial $20 payout. The schedule below details the payouts for the top 30 players based on their chipstack size once all tables are complete (have played down to 3 places).
Chipstack Size.........Prize
1st................................$1,200
2nd...............................$600
3rd............................... $400
4th................................$280
5th................................$200
6th................................$160
7th................................$120
8th................................$100
9th................................$80
10th..............................$60
11th-20th.....................$50
21st-30th.....................$30
Let's take a look at the Pros and Cons...
Pros
- You only have to out last 7 players at your table to book a profit.
- In a typical MTT you have to outlast nearly 1000+ players and make it to a final table before seeing a decent payday, but in a SUPER SNG you only have to make it in 1st at your table to qualify for a spot at the Top 30 SUPER SNG PAYOUT.
- In a typical MTT tourney, an average of 10% of players breakeven or see a profit. In a SUPER SNG tournament, 30% of the initial players (300 players) see a profit and 10% of those 300 in the money will see an even bigger payday.
- It will take MUCH less time to compete for a substantial payday since you only play one table which only plays down to 3 players remaining. Imagine playing one SNG for a couple hours or less and booking a $1200+ profit. Sweet eh?!
- For those like me who value preservation of the initial buy-in, a payout to the top 30% of players with the potential for more $ is quite enticing. Much better than the typical MTT where approximately 10% make it in the money.
- With the 1000+ players I see every night at the PartyPoker Shootouts and PokerStars Tournaments, I gotta believe there would be a market for this.
- The players are happy because they have a chance at big money in a short timeframe. The poker site is happy because it books a $1000 profit on the rake without having to take up the time a full MTT with 1000+ players would take.
Cons
- Help me out with the cons please via the comments...
So there you have it. I named it the SUPER SNG because that was the best I could think of on a whim. I like the idea that strategy becomes so important in these SUPER SNG's. There will be some who play tight trying to get close to the money before they make a run for 1st place. There will be others who try to make big moves early to build a large stack right off the bat. I think it would be a great game to play. I look forward to your comments, criticisms, suggestions and any other ideas for improvement that you may have. Thanks for reading! Look for this link in my sidebar once it gets archived...
posted by TripJax @ 3:10 AM,
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