Multi Entry Possible Rip Off?

Look I've been looking at these tournaments on Full Tilt lately and reading the rules. Bare with me but I believe there are some situations in which doing great in a multi-entry tournament could be a huge rip off. Lets say your having an absolutely amazing session and you've managed to get both your entries in a tournament to the final two tables in a massive tournament. With your chip stacks there are 11 people left and you currently stand 4th and 10th with the bottom three stacks being at a huge disadvantage (for argument sake say 9th has 70k chips and 8th has 800k). Me, personally I think I would rather get knocked out in 10th or 11th with my short stack than to make it to the final table and combine my two stacks and make relatively little difference in my chip stack. I just think that the system that they have in play now can lose you a good deal of money by making it to the final table this way. Personally I think that if you buy-in to the tournament and start with two different chip stacks you should be allowed to finish with two different chip stacks. I.E. make it to the final table with both entries and earn both rewards for the respective places that you finish.

IF you merge on the final table (It's only happened once, it's not gonna happen), you do win the prize money for 9th place as well as the money for wherever you finish.

yea its true if you final table with 2 seatd they merge your chip stacks together and u get 9th place money so its actually and advantage i'd say

happened sat in a tourney i was playing some pro took 9th and 5th so extra chips must not of helped him to much

cardriverx said:

IF you merge on the final table (It's only happened once, it's not gonna happen), you do win the prize money for 9th place as well as the money for wherever you finish.

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Huh I didn't see this in the rules for it. Did they just make it up when it happened?

Deadly Silent said:

Huh I didn't see this in the rules for it. Did they just make it up when it happened?

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I expect it's been in place from the start. Think about it for a moment: nine people make the final table, but two of them are the same person and their stacks need to be merged. That only leaves eight people and somebody would notice straight away if the ninth place prize just vanished into thin air.

Plus a system like this removes the need for the chip dumping behaviour you were suggesting in your original post.

Deadly Silent said:

Huh I didn't see this in the rules for it. Did they just make it up when it happened?

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No, thats always been the rule.

In one tourney I played, I had 3 entries left with around 20 players left. My lowest entry was merged at 18 or 19, i'm not sure and I got the money for finishing in that position. Then I had two entries left with 10 people left, but I missed the final table and finished 10th and wasn't merged. If I had been merged I would have finished 9th and have gotten prize money for finishing 9th.

This is from Full Tilt's FAQ on Multi Entries:

OzExorcist said:

I expect it's been in place from the start. Think about it for a moment: nine people make the final table, but two of them are the same person and their stacks need to be merged. That only leaves eight people and somebody would notice straight away if the ninth place prize just vanished into thin air.

Plus a system like this removes the need for the chip dumping behaviour you were suggesting in your original post.

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No the chips still get "dumped" but there calling it merged.

Deadly Silent said:

No the chips still get "dumped" but there calling it merged.

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"Dumping" has a specific meaning in tournament poker context though - it's when one player deliberately loses all their chips to another player, "dumping" them as it were.

This is very different to merging stacks with your other entry because when you dump your chips another player benefits to the detriment of all the other remaining entrants. While I expect you proposed it innocently, chip dumping is considered collusion and it's against the rules of every online and live poker room that I know of.

I just misunderstood you. I thought you meant dumping as if both stacks where allowed to play at the final table and you would dump to yourself.
I have also realized why some of my questioning can't be done in that seeing four cards each hand would also give you a lot more information. I guess I was just completely not thinking when I started this thread.

There actually is a different angle where merging stacks on the final table can be a bit of a ripoff. You can actually be losing tournament equity when your one stack automatically gets 9th place payout because the increase in chips on your other stack isn't necessarily directly proportional to the same increase in tournament equity (I've seen a few players complaining a bit about this when their stacks have merged for the final table).

even worse if you get to final table with first and second placed chipstacks

Poker Orifice said:

There actually is a different angle where merging stacks on the final table can be a bit of a ripoff. You can actually be losing tournament equity when your one stack automatically gets 9th place payout because the increase in chips on your other stack isn't necessarily directly proportional to the same increase in tournament equity (I've seen a few players complaining a bit about this when their stacks have merged for the final table).

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I would think you would lose equality almost all the time... Personally I would only play multi-entry tourneys in huge fields where it is extremely unlikely that you are going to encounter this problem...