Back to reality: Typical Day in the NLOP
I just looked up this site. It seems interesting. But, do they actually pay out in cash?
Most sites won't do this unless you make a deposit, but it appears that NLOP doesn't accept deposits.
According to this guy they do pay out in cash. Of course this video is on the NLOP YouTube page and he is wearing an NLOP shirt:
https://www.youtube.com/watch?v=tVrPLH3jdiw
In the NLOP, there is no take home prize worth $10,000 except the
wsop ticket itself. There is usually a "Beat the Heat" tourney of a similar format that ends with a final prize pool of $10,000 but 1st only takes home $3,000. That is normally an annual contest.
I'll use today as a typical example of playing for free in the NLOP...
I started out with less than 500 tokens.
55 token 6-max- Placed second and won 100 tokens
Step 4 WSOP- Won entry on a ticket earlier. Placed 4th
Step 3 WSOP- Placed second and won a return and 50 tokens.
Step 3 WSOP- Same
55 token 6-max- Went all-in w/ KK and lost in 6th.
Step 2 WSOP- Pulled a ticket from a stockpile of half a dozen to a dozen. Took first place.
Step 3 WSOP- Placed 1st and won !00 tokens
Step 4 WSOP- Placed second and won 500 more tokens plus a return.
Step 3 WSOP- Placed fourth
$10 Cash Tourney- Spent total 40 tokens on a buyin and addon on a prize pool of $10 paid to the top 4 (split $4, $3, $2, $1) to finish 29/79.
$10 Cash Tourney- Identical tourney to the one above later, this one placed 32/94.
55 token 6-max- Placed third
$100 Cash- Being played out as I write, I am in 45th/158 left from 180 30 minutes in. This tourney costed me a 200 token buy in, and the prize structure pays out $25 to first, $15 to second, descending payouts into 10th and 20th to 11th get $1 each.
Ring games of Omaha brought me in 310 more tokens.
Think what you want, the prize structures v payouts is odd, but that is how it works.