Tuesday, March 6, 2012

WSOP Satellite 2012





While we already have one representative going to the World Series of Poker this year, I figure we should send another one!


I got a lot of interest at the cash game the other night, so here is what I have planned - 


UPDATED:

$150 Entry.

Winner(s) gets a seat in the World Series of Poker!  

5 or fewer players, I cancel the satellite.

6-9 players we play for a single 1K seat.

10-13 players we play for a single $1500 seat.

14+ players we play for two 1K seats.

If a seat winner cashes in the WSOP - he/she gets 60%, the rest is shared evenly with satellite participants.


Extra monies in the prize pool up to $300 will go to the seat winner to help offset travel expenses.

If the amount of extra cash exceeds $300, the remaining cash will be paid to the second place finisher so they at least can recoup some, all or more of their buy-in.

If the total amount of extra cash meets or exceeds $750, then it will be parlayed into another 1K seat.   The winner of this seat puts up his own money to make up the 250 difference, but in return gets to keep 75% of his/her winnings instead of 60%.  

The satellite will have the same structure as the $1500 event with half hour levels and twice as many starting chips (9K). 

Mark your calender - Saturday, April 21st.  We start at Noon.  It could go late.  

There will also be a BBQ at 11am, feel free to come munch on burgers and dogs, bring your own meat if you want something, er, meatier.

Can't wait!  See you there!