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Cash Game MTT idea

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Worldchanger3
Joined: 02.12.2024

MTT Cash Game Idea
10 tables
10 players per table
Buy-in $300 - $200 player/$100 House/Prize Pool
10 1 hour levels
Blinds are $1-$2

Every round begins with a Bomb Pot, player puts in $10, $20, $30, $40, $50, $60, $70, $80, $90, $100

At the end of every round, the player at each table with the lowest stack is eliminated.

1 Table is removed every round
When tournament ends, players keep what they have. No winner is required

Texas Poker rooms are social clubs that charge an hourly rate between $10-$15 per hour

From the $100 fee, $80 would go to the house for hourly rate, $10 towards food/beverage for 100 players, $10 goes to to prize pool (The player with the most money at the end gets either $1000 or prize equivalent.

A player doesn't have to lose all their money in the tournament. If they still have $1 or $200 or more at the end of a level, they can keep their money when they're in last place at their table at the end of a level.

This format can be applied to any stakes.

My vision is a 4 room poker establishment with this cash game tournament structure, daily.

Room 1: Low stakes $1-$2 and $2-$5
Room 2: Mid Stakes: $5-$10 and $10-$20
Room 3: High Stakes $25-$50 and $50-$100
Room 4: Elite Stakes $100-$200 and Above

My idea is inspired by the times we rapidly jump stakes when we play online. Trying to turn $10 into $10,000 in one night.

Implementing this ideas would allow players to jump stakes in a Live setting and also allow them to not risk losing their bankroll in one shot.

Your thoughts please.

Thank you!


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5 replies
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SDK1987
Joined: 12.11.2008

It's a interesting idea. Not sure how it will work in practice. You need 100 participaters if I understand it well. Those bom pots are getting pretty spicy right away. Not sure what happens with the money of the players that gets eliminated and also change more players are busted in 1 round of blinds of 1 hour.

Cheers,
SDK1987


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Worldchanger3
Joined: 02.12.2024

Update:

10 tables
100 players
10 30 minute levels = 5 hours
Incremental $10 Bomb Pot each level
$300 buy-in; 100NLH; initial $100 MTT fee
200 BB starting stacks
Time 12 pm to 6 pm
9 $300 rebuys allowed per player
Player must bust to rebuy
Player gets 200 BB
The $100 fee goes towards the prize pool

100 players x $200 buy-in = $20,000 on the tables

100 players x $100 fee = $10,000 tournament fee

Would this fee be enough to run this 5-6 hour MTT format, to include facility, staff, dealers and food/beverage for players ($10 voucher to players that includes a catered meal and beverage)?

9 $300 rebuys allowed per player during the duration of the MTT. If you bust, you can rebuy, until the MTT ends. $200 goes to player, $100 goes to prize pool

If every player max rebuys, this brings $200,000 on the tables

100 x 200 = $20,000
9 x $20,000 = $180,000
$180,000 + $20,000 = $200,000 on tables

9 rebuys x 100 players x $100 it's prize pool
$90,000 prize pool

Prize pool is paid to the top 3 stacks in the player pool with a 50/30/20 payout

1st: $45,000
2nd: $27,000
3rd: 18,000

Or top 10 players get paid % of prize pool

1 28%
2 18%
3 12%
4 9%
5 8%
6 7%
7 6%
8 5%
9 4%
10 3%

All remaining players at the end can keep what they have.

Thoughts?


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SDK1987
Joined: 12.11.2008

It's sounds like a interesting format, but it's interesting if it works out in practice.


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Worldchanger3
Joined: 02.12.2024

I just have to convince enough players and or card room owners if they want to give it a try. Should be fun!

If you feel this format has potential, I would appreciate it if you passed this on reputable players.

You have more pull than I do!

Thank you


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SDK1987
Joined: 12.11.2008

Maybe they see it on here as well. I'm not sure this idea works out.


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