Are tournament prizes fair?

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mstefanos666

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Many times I've played a tournament with lot of players (3.000 - 5000) and after 3-4 hours I finished between 20 and 30 place and the prizes are small enough for so many hours!! Even in 15th place it's not something big comparing to the final table which is one winning hand far.. e.g you play a 3.30$ with 3000 players and you get 15 place which gives you 31$ but if you had won your final hand you would double and wait 30 more minutes and get 7th place which gives you 140$.. These are real prizes from today's "big 3.30" (pokerstars).. Is there any rule on how prizes are calculated and is it the same on other poker-sites?

My opinion is that it would be better if less players were paid but with higher prizes... There is no point giving 6$ to places 500-600 (600$ total) and 7$ to places 400-500 (700$), you don't play a 3,30$ MTT just to double your buy-in (better to play a sit&go with much better chances to earn 6$), so in my opinion it would be better to add this 1300$ to the higher positions...
 
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redmast

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I completely agree with you. If you look at the tournament lobby, you can find a table for the distribution of prizes. In different poker rooms, it looks different. In some, it is expressed in a prize equivalent on others in a percentage ratio.
 
deform fedot

deform fedot

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but if the game mode is hyper turbo then I do not agree with you ...
 
Antulio francis

Antulio francis

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I agree and I do not agree the big deal is you try your best to be the champion because it does not make sense if the prize was good until the 30 for example the great value makes you more hard at what you battle
 
iwont20

iwont20

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I agree with you I got to top 50 in huge fields a couple of times in recent weeks for a little reward it's actually very discouraging. And as PS intended to wide ITM zone even more I don't see any positive changes coming. It even made me reconsider my love for mtt :hmmmm2:

but if the game mode is hyper turbo then I do not agree with you ...
In hyper mtts the RNG is winning a tournament for you, not you, so they don't count.
 
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CHAVIKI

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Don't agree

I really do not agree, those are the roules, chech the percentages in the lobby description, is up to you to play or not to play, or even better you can register at higher value tournaments, you may want to increase your bankroll and play other type of tournaments.
 
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zannie27

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I try to stay away from tournaments with small buy ins with large guarantees, like a 1k guaranteed with a $1.10 buy in for example it sounds like great price but in actuality the late reg. is probably 3 hrs long the field is bigger and people are pretty much donking it up because it's only a dollar.. these types of tournaments just aren't worth it to me..
 
rckstr2b

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Some times these smaller 10x prizes prizes are nice for regs to salvage a few buyins. A good tourn reg has a huge advantage after the bubble bursts and will make a higher % of final tables than a recreational player will. So in those cases, a 10x return may help salvage 10 buyins for more tournaments. My advice would be to Identify the the regs and spy on them and see if your play is similar or very different because they're doing something right you may not be

GL
 
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Smokewood

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I try to stay away from tournaments with small buy ins with large guarantees, like a 1k guaranteed with a $1.10 buy in for example it sounds like great price but in actuality the late reg. is probably 3 hrs long the field is bigger and people are pretty much donking it up because it's only a dollar.. these types of tournaments just aren't worth it to me..

I agree, I don't see the point in playing a tournament without at least a $50 buy in.
In fact the only one I really play now is the $175 deep stack at Winstar.
 
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ccres

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My opinion is that it would be better if less players were paid but with higher prizes... There is no point giving 6$ to places 500-600 (600$ total) and 7$ to places 400-500 (700$), you don't play a 3,30$ MTT just to double your buy-in (better to play a sit&go with much better chances to earn 6$), so in my opinion it would be better to add this 1300$ to the higher positions...

Every site has different pay-out structures. I tend to agree with you, it is extremely frustrating to outlast 90 percent of the field and get bounced for double the buy-in amount.
 
vov4ik

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Yes I agree, it would be better to reduce the prize zone and add prize money to fewer prize money, and it would normally have passed the tournament for 80 percent and got a normal amount, and you play in the tournament for a long time 2-3-4-5 hours and get a prize small, it's better to try and get a good prize!
 
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My min-cents

As far as I understand, the payout structures are laid out in a way to encourage the RECREATIONALs. Because when you're not that good at the game, the chances of you making it to the top prizes are minimal, so in order to keep you afloat (not bust out your entire roll), the min-cashes are a boon.
If the payout structure goes shallow, the REGULAR/PROs will eat the field out. Just take a look at WIN THE BUTTON or BEAT THE CLOCK (On PS), just giving a small advantage to these players can have a huge impact on the play (and the game).

If you're good, you shouldn't care about min-cashes at all. It shouldn't be in your records, all you should care about is the FT (that's where the money is).
 
Luan

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in my opinion are yes for example a tournament of 0.55 paying for the first 55 $ ai are 100x the value of your buy that you paid 100% profit!
 
393700

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I think prizes is fair, because this is tournament, and most stronger gamers have a chance to win a lot.
 
oriole

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I agree that they should abandon small prizes. I also think that there's too much prize difference between 1st place and 2nd and 3rd. I would like to see more even prize distribution for the final table.
 
AshK44

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I agree with you but don’t forget the game changes when everyone gets into the money and maybe this is what they are going for so they can pay a more wide range of skill levels.
 
subaru16162

subaru16162

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As people have stated check the lobby and see the pay out percentages. I can only commit to small buy in tournaments and sometimes these large ones are fun but it is frustrating for a complete donkey call to know you out when you've played for 3 hours and would have been in a great position if your hand with 80% equity actually stood up for once. Sadly pokerstars just doesn't allow for it.
 
gon4iypes

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Accept it as it is....no use moaning , at least the donkeys will occasionally get something too which encourages them
 
MattRyder

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I'm not a fan of tournaments for a lot of reasons, one being the pay-out structure. I see the smaller buy-in tournaments simply as a training ground for the really big ones. They're a net loss proposition in the near term.

You need a lot of patience and skill to make money at tournaments, and an awful lot of time on your hands. Who has that kind of time? If you do, you're going to need to invest a lot of money to play a lot of the big money tournaments, most of which you're going to lose or just make it ITM. Mind, if you're good, every once in a while you'll make a ton of money. Will it be enough to cover your losses for the many, many tournaments that didn't make you money?

It's kind of like training to be a surgeon. It takes years and years of time, and hundreds of thousands of dollars invested before you finally start to see a pay-off, and then only if you're really good.
 
escurimX

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yes .. for the amount that is paid to participate it is worth the prizes
 
bahajan

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It is inevitable, I played tournament 27$ buy-in 17500 players I took 190 prize and the 110$, it was a pity 8 hours of the game and a small prize in any game of the main prizes at the final table
 
onondaga

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you dont understand how its work. i cant find any 27$ mtts with so many players, but have another example - Big $27, 8k guarante. min players: 3, max: 15'000. lets take it with max players amount (24,55$ pool, 2,45$ to PS) 24,55$ X 15'000 players = 368'250$, where 2'924 (19%) ppl are cashed! for first you get 10,4% (almost 38k), 2nd - 7%, 3rd - 4,9%, 4th - 3,4%, 5th - 2,3%, 6th - 1,6%, 7th - 1,1%, 8th - 0,7%, 9th - 0,5% (1,8k) = Final tabel get 31% of all money! the other 69% must be distributed between the rest 2915 ppls) 2924 place - 0,01% 36$
in my example youd get 184$ for 190 place, its 0,05%

20% of players are cashed! 20-30% of pool is to FT! min.10%-30% is for 1st place
thats the point of this game, not to take 278 place and make ITM but win and get much more than other.

returning to the question, yes thats fair!
 
antonis32123

antonis32123

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Generally I agree , they should pay more places and more .

But if sb wants sth different , and has access to pokerstars (I don't know if other rooms have something similar ) , he could play bounty builder and buyild his own prize with his own gameby half more or less , it could be a sollution .
 
Ranish625

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I think the prizes are distributed as a percentage of the employed seat
 
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mstefanos666

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I agree with you but don’t forget the game changes when everyone gets into the money and maybe this is what they are going for so they can pay a more wide range of skill levels.

I don't think it's only a matter of skills how far will you go in a MTT.. There are many hands you have to win to make it to the final table and this depends on luck too... e.g. you can't fold A-A when someone goes all-in (pre flop) and many times I've been knocked out with this hand and even more with K-K..
 
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