Poker Sites Take Notice: Token Plus Payout SNG's
Tuesday, January 24, 2006
Poker Sites Take Notice: Token Plus Payout SNG's
The meat and potatoes behind this idea are quite simple. Create a SNG that pays out a token to 1st Place in addition to the payouts to 1st - 3rd. I will use a 10 Player, $10 + $1 SNG format for the example used in this post; however the numbers could be adjusted for a 9 Player SNG as well as any buy-in amount.
An example of a Token SNG Payout:
1st Place = $50 + $11 Token
2nd Place = $25
3rd Place = $14
From there the winner could use their token to buy-in to any $10 + $1 SNG or Tournament available. In addition, the poker site could offer a daily or weekly Token Tournament that only winners of a Token SNG could join. The payouts for the Token Tournaments would be like a regular tournament, but the poker site could spice it up by awarding those in the money with goodies like extra points (FPP, VIP or whatever they are called) or prizes. Considering this would be a double dip - they will receive the fee from the original SNG as well as the Tournament - they can absorb the cost of the points or prizes.
Obviously the big winner in these SNG's is 1st Place (shouldn't that always be the case??!!) Not only are they receiving their normal 50% of the pool, but they are also receiving a free buy-in. That free buy-in could result in more winnings at the SNG tables or at the Token Tournament.
I could write more on the positives and negatives of this, but I'd rather gauge the thoughts of you, the reader...
What do you think?
posted by TripJax @ 10:53 AM,
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