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OK summing it all up...

Posted By: neilkaz
Date: Monday, 9 February 2009, at 4:39 p.m.

In Response To: 20% discount DOES reduce prize pool (Gregg Cattanach)

"champions: entry + registration. $500 - 20% = $400 out of which $330 go towards the prize pool"

So I stay 3 nights in the hotel as $129 a night which with taxes is likely about a net of $145/night which with an effective $33 rebated per night becomes $112/night. This is just a bit more than a typical ABT event near major cities in a fine hotel so not so bad, but may be on the high side for some.

Now lets look at the BG. I put $400 into the pot, but there's a $70 rake which is 17.5% which is rather high for the champ division. The side pool is also raked 5%.

What I like about this forum is that most of us aren't afraid to say what they feel and don't care if they stir up a can of worms. The rake and expenses for this T may be on he high side for some, IMHO.

I do hope the couple of directors that rake the side pool stop doing so.

Anyhow...it is unclear to me if this event is what I call "clock-insistable"..ie either play may insist that a clock be used (champ level events) as long as one is available. If it is "clock-insistable" I'll probably attend, but if not, I may decide otherwise, to be honest.

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