JP Poker - Sean Jethi Memorial Team Event - March 8th & 9th - Est €18,000

JP Poker · 17-10-2007 4:20am #1

JP Poker Team Event
March 8th & 9th
Venue: TBC

Teams of 5 players
€100 & €20 reg per player, €600 per team.
Max 36 Teams

This tournament will be played as STT not MTT, and no two players from the same team will ever play against each other. In each round all players will play one heat against one player from each team in their group. At the start of each round the team captain will select which heat each player will play in.

There will be a total of three rounds.
Round 1
Semi Final
Final

Round 1
4 Groups of 9 Teams
Top 4 teams from each group qualify to the Semi Final.

Semi Final
2 Groups of 8 Teams
Again top 4 teams from each group qualify to the Final

Final
8 Teams

Points scoring system
1st Place 10 Points
2nd Place 8 Points
3rd Place 6 Points
4th Place 5 Points
5th Place 4 Points
6th Place 3 Points
7th Place 2 Points
8th Place 1 Point
9th Place 0 Points

In addition to the points scoring system, players also earn bonus chips for the Final in both Round 1 & the Semi Final.
1st Place 5000 Chips
2nd Place 3000 Chips
3rd Place 2000 Chips
4th Place 1500 Chips
5th Place 1000 Chips
6th Place 750 Chips
7th Place 500 Chips
8th Place 250 Chips
9th Place 0 Chips

E.g. Player A win his Round 1 heat and finishes in 7th place in his Semi Final heat.
1st Place 5000
7th Place 500
Total Bonus chips 5500 for the Final.

Starting Chips
Round 1 5000
Semi Final 5000
Final 5000 & Bonus Chips

Blind Structure
20 Min all the way
25-50
50-100
75-150
100-200
125-250
150-300
200-400
250-500
300-600
400-800
500-1000
600-1200
800-1500
1000-2000 (Frozen Until Finished)

carfax · 17-10-2007 4:31am

As I said to you before JP, brilliant idea.

Book one team place for me please.

JP Poker · 17-10-2007 4:43am

carfax wrote: »

As I said to you before JP, brilliant idea.

Book one team place for me please.

Done,

Hope you had a nice relaxing holiday

RockRory · 17-10-2007 6:54am

Sounds good JP. Put me down for a team aswell

White Knight · 17-10-2007 6:55am

carfax wrote: »

As I said to you before JP, brilliant idea.

Book one team place for me please.

Team also please

Flushdraw · 17-10-2007 6:57am

I'll have a team for this JP. Sounds like a great idea when i was talking to you about it a couple of weeks ago.

5pin5 · 17-10-2007 9:47am

jp book us in tks

5starpool · 17-10-2007 11:03am

I have no idea who will be on it, but put me down for a team as well JP.

Cheers.

Warper · 17-10-2007 11:05am

What sort of payout structure will it be - based on capacity of 18k (500x36)

menoscemo · 17-10-2007 11:32am

Jp,
How many games in Round 1, you say 4 groups on 9 teams, but will there be 5games in each round with each team member getting a game? If so, any team might earn as much as 25000 bonus chips for final.....

Edit, I reread post and realised there are 5 games in each round and players only earn their own starting stack for final table.

Me and warper (John Corry) will defo get a team in.

eoghan104 · 17-10-2007 11:35am

Ill have a team please!

Flushdraw · 17-10-2007 11:36am

JP. i think you could actually give yourself some kudos by guaranteing 18k. IMO theres no way that you wont get 36 teams for this, so its not even sticking your neck out.

You could probably get double the numbers proposed

5starpool · 17-10-2007 12:26pm

Flushdraw wrote: »

JP. i think you could actually give yourself some kudos by guaranteing 18k. IMO theres no way that you wont get 36 teams for this, so its not even sticking your neck out.

You could probably get double the numbers proposed

Agree that you will easily and quickly sell out. You already have about 10 or so teams from here, and probably a few from your pub games as well. I don't think a guarantee is necessary, but I don't think there will be a problem selling this out.

JP Poker · 17-10-2007 1:24pm

Warper wrote: »

What sort of payout structure will it be - based on capacity of 18k (500x36)

I haven't decided yet, but it will either be top 3 or top 4 teams.

If top 3
1st 50% = €9000 or €1800 each
2nd 30% = €5400 or €1080 each
3rd 20% = €3600 or €720 each

If top 4
1st 50% = €9000 or €1800 each
2nd 25% = €4500 or €900 each
3rd 15% = €2700 or €540 each
4th 10% = €1800 or €360 each

JP Poker · 17-10-2007 1:33pm

1 Carfax
2 eoghan104
3 menoscemo
4 5starpool
5 5pin5
6 Flushdraw
7 White Knight
8 RockRory
9 Connie
10 Team Solksjaer
11 Russh
12 Richielawlor
13 Big Slick
14 maximusdecimus
15 chdpoker
16 The Al Lad
17 jayroyal

connie147 · 17-10-2007 2:19pm

Hi JP,
Take it as certain that we,ll have at least 1 team in this.

Connie

Russh · 17-10-2007 2:32pm

I'll get a team together as well JP...Looks good....

RichieLawlor · 17-10-2007 2:36pm

Save a team for me also pls

Flushdraw · 17-10-2007 3:27pm

JP, this might be a difficult one, but if you fill up the team entries on a 1st come 1st serviced basis, you might be left with people booking a team just for the sake of it and not being able to fill it.

There's a lot of good players that dont read boards, or dont read boards every day and they may miss the boat on this. You might be better off reserving 6 or 8 teams for such circumstances.

smoothcall · 17-10-2007 3:35pm

seem like a gr8 idea, but whats da craic with the 20% reg fee?? If it is nessecary to charge 20 euro to cover your costs etc, would u not make it a 200 per player 1k per team and offer poker players some value for money. For the person who takes poker seriously 20% is crazy as it means u hav 2 hav a serious edge on the game, 20% is ok for fun event like ipo but is it now becoming the norm????

Flushdraw · 17-10-2007 3:41pm

smoothcall wrote: »

seem like a gr8 idea, but whats da craic with the 20% reg fee?? If it is nessecary to charge 20 euro to cover your costs etc, would u not make it a 200 per player 1k per team and offer poker players some value for money. For the person who takes poker seriously 20% is crazy as it means u hav 2 hav a serious edge on the game, 20% is ok for fun event like ipo but is it now becoming the norm????

Its only €100. This is a fun event

connie147 · 17-10-2007 3:52pm

I've no probs with paying €20 reg on a €100 game when the game is worth playing in(as in structure wise and organisation wise). No independant operator outside of a casino can run a game like this properly on a €10 reg fee.Take into account costs for hall hire, dealers, equipment,TD,desk staff etc etc. I could safely say that JP will only break even with the €20 reg fee, and hopefully he makes a few quid on the cash tables afterwards. Surely this cant be that hard to understand?

JP Poker · 17-10-2007 3:52pm

Flushdraw wrote: »

JP, this might be a difficult one, but if you fill up the team entries on a 1st come 1st serviced basis, you might be left with people booking a team just for the sake of it and not being able to fill it.

There's a lot of good players that dont read boards, or dont read boards every day and they may miss the boat on this. You might be better off reserving 6 or 8 teams for such circumstances.

Hi Tony,

I will be reserving 12 Team places for lads that play my pub tournies as most of them don't read boards.

Also following on from last Sundays game when i had 37 players to fill 25 places for the EPT syndicate game and only 16 of them turned up. I will be taking a booking deposit with will be non refundable if a Team pulls out with less than 1 week to ago. The booking deposit will be €200

I will hold all Team's up to a month before the tournie without deposit. After this point team's that haven't paid their desposit will lose their place.

BIG-SLICK-POKER · 17-10-2007 3:57pm

Its Just after our Team event so u are more than welcome to advertise down here

Pop Big Slick Down for a Team and ill come back to u on more ok:cool:

BIG-SLICK-POKER · 17-10-2007 4:06pm

smoothcall wrote: »

seem like a gr8 idea, but whats da craic with the 20% reg fee?? If it is nessecary to charge 20 euro to cover your costs etc, would u not make it a 200 per player 1k per team and offer poker players some value for money. For the person who takes poker seriously 20% is crazy as it means u hav 2 hav a serious edge on the game, 20% is ok for fun event like ipo but is it now becoming the norm????

U dont Realise the costs of these events ? Ours is 175 + 35 for the 3 day in Feb room Hire is 650 per day Dealers and accomadation and floor we wil not cover the costs through this for 3 days but will make a few quid on the cash tables by getting numbers .

U cannot be serious to question €20 for 2 days of poker or €35 for 3 days u are paying for Quality and service which JP provides I mean u ar payin €10 per Day to play Now come on . Seriously .

The Percentage of this at 20% makes no diff as the tournie could be 200+20 and this would be ok with u right its more affordable at 100 , My point is that it is not a percentage of teh prizepool taken it is a set fee for 2 days of poker and Really I have no problem handing €20 over to rent his tables have dealers at my table . Im sure he will not budget food with this in Dublin so i know what i am payin the reg for i am happy

Some Organisers take 10% reg on 100 and then take a percentage also so i would rather it down on paper like it is for all to see

Neill K

JP Poker · 17-10-2007 4:11pm

smoothcall wrote: »

seem like a gr8 idea, but whats da craic with the 20% reg fee?? If it is nessecary to charge 20 euro to cover your costs etc, would u not make it a 200 per player 1k per team and offer poker players some value for money. For the person who takes poker seriously 20% is crazy as it means u hav 2 hav a serious edge on the game, 20% is ok for fun event like ipo but is it now becoming the norm????

Hi Smootcall,

Unfortunately it would be impossible to run this Tournament on a 10%.

Take dealers wages for example.... Unlike in a MTT when players get knocked out and tables are balanced, dealers become free to either dealer a SnG, cash game or be taken off the clock. Thus either reducing cost or increasing revenue. However as this Team event is all STT this will not be possible!! As a result dealers wages will be at least triple what they would be if i ran this as a MTT.

Thats before i add in food costs. I'm not even considering running this in a Hotel as the room hire alone for 2 days, one been a Saturday (prime wedding day for Hotels) would be sky high. I'm hoping to run this in a GAA club or bar that has a function room at no cost.

Regards the €200 per person.
I want to keep this cheap for everyone. While most of the players here on boards will play a €200 game, most of my customer base (i.e. my reguler weekly pub players) a €100 & reg is at the top end of what they will play. I have run tournaments in the past with a higher buy in with great structures aimed for boards players which have not been economically viable due to low numbers.

I hope this goes in some way to answering your concerns regarding this event.

Jp

maximusdecimus · 17-10-2007 4:31pm

Stick me down for a team aswell jp. cheers

JP Poker · 17-10-2007 4:42pm

Flushdraw wrote: »

JP. i think you could actually give yourself some kudos by guaranteing 18k. IMO theres no way that you wont get 36 teams for this, so its not even sticking your neck out.

You could probably get double the numbers proposed

The response has been great so far. I may look into this as an option is this fills up fast.

However if i double the numbers time may be an issue, as it may not finish in 2 days. I will have a better idea of my timeline after my triple shoot out next weekend.

JP Poker · 17-10-2007 4:43pm

BIG-SLICK-POKER wrote: »

Its Just after our Team event so u are more than welcome to advertise down here

Pop Big Slick Down for a Team and ill come back to u on more ok:cool:

Thanks Neil

Flushdraw · 17-10-2007 5:01pm

JP Poker wrote: »

The response has been great so far. I may look into this as an option is this fills up fast.

However if i double the numbers time may be an issue, as it may not finish in 2 days. I will have a better idea of my timeline after my triple shoot out next weekend.

2 table STTs are an option? Either way it'll be a great event. Happy to go with what u have scheduled and i'm sure everyone else is too

The Al Lad · 17-10-2007 6:14pm

Stick me down for a team please PJ

Myself, Lazo and Ces will be on it for sure

jayroyal · 17-10-2007 9:46pm

stick me down please

smoothcall · 18-10-2007 2:29pm

cheers jp ur explanation was fair enough just like the reg fee kept as low as possible in the interests of poker players.

as for big slicks repsonse:

the Percentage of this at 20% makes no diff as the tournie could be 200+20 and this would be ok with u right its more affordable at 100 , My point is that it is not a percentage of the prizepool taken it is a set fee for 2 days of poker and Really I have no problem handing €20 over to rent his tables have dealers at my table

this is complete garbage of course it makes a difference. if its 200+20 then i playing for a 36k prize pool. For instance if one reckons they are 5% ahead of the game then u hav a plus 5% positive equity playen this tourney, if its 20% u have a negatibe 5% equity. 2 beat a game by more than 20% is extremly difficult and therefore for those which poker is a source of income, and not just a form of entertainment, this tournament offers no value

Silver-Tiger · 18-10-2007 2:47pm

I will be on maximus decimus's team
We will 100% have a team for this

poker-jacks · 18-01-2008 1:04am

maybe time to revive this thread. I'm on the team reserved by rock_rory. Will there be deposits to guarantee a team??

eoghan104 · 18-01-2008 9:22am

Any venue yet JP?

JP Poker · 18-01-2008 2:20pm

eoghan104 wrote: »

Any venue yet JP?

Hey Eoghan,

It's going to be in Molloys Pub, Tallaght. 8th & 9th March.

I am trying to organise cheap accomadtion with the Abberly Court Hotel.

I will post more info when i get it.

Jp

Pabloh · 18-01-2008 5:35pm

Do you still have space for teams JP?

Tallamuner · 18-01-2008 5:44pm

[jp stick me down for a team please.this should sell out the more the merrier i think.

keith

JP Poker · 18-01-2008 6:39pm

I have reserved 12 team for my pub players. which leaves 24 teams of the 24 teams 17 have been reserved at the moment.

These will only remain reserved until the 8th February without a deposit.

If enough teams come forward with deposits and this gets sold out i will look at allowing one more group, so 9 more teams. however this will mean that either the blind structure will need to be amended or having some games on the friday night.

5starpool · 18-01-2008 7:13pm

Assuming one won't see you before Feb 8th JP, how can a deposit be paid and what is the deposit?

JP Poker · 22-01-2008 2:12am

5starpool wrote: »

Assuming one won't see you before Feb 8th JP, how can a deposit be paid and what is the deposit?

Hi Dom,

You can leave a deposit in Winners Card Club between now and the 8th to reserve your teams place. The booking deposit will be €200 and will be non refundable if a Team pulls out with less than 1 week to ago.

The Reason for such a large booking deposit is to ensure only teams that are serious about playing this event have a place reserved as i have no doubt this will sell out. I don't to be telling people that it is booked out and then on the day 10 teams don't turn up.

I will try and make provisions with the Jackpot, SE, Fitz and CHL's to see if players can leave a deposit there and i will go collect it from them.

At the Moment we have 20 Teams reserved.
1 Carfax
2 eoghan104
3 menoscemo
4 5starpool
5 5pin5
6 Flushdraw
7 White Knight
8 RockRory
9 Connie
10 Team Solksjaer
11 Russh
12 Richielawlor
13 Big Slick
14 maximusdecimus
15 chdpoker
16 The Al Lad
17 jayroyal
18 Tallamuner
19 Pabloh
20 CHL’s
21 Vegas Nights