160K Stakehorse Challenge!

Bigtruck said:
Contrar. It will add to the event, Greg loves the idea and so do I.

People were playing for 1000 in the 70's. Time to get it out of the mud. Great concept.

Ray
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Is that around the time bricks of cocaine were $50k, they're much cheaper today. Just saying.

True tourney payouts

1st - $15k
2nd - $10k
3rd-8th - $2500

That's being generous as well. I think the tourney is going to be tough to trust. Especially when each player has a standard deal. JohnnyT is right, he doesn't realize it but when he mentions the SAME $20k it alludes to a good point.

How is it a stakehorse challenge when the stakehorses aren't doing what they do other than put the money up? If I got $20k maybe it's worth giving 35% to get SVB or Dennis is only worth 15%. I'm just not sure a gambling tournament works.
 
mikeyfrost said:
Is that around the time bricks of cocaine were $50k, they're much cheaper today. Just saying.

True tourney payouts

1st - $15k
2nd - $10k
3rd-8th - $2500

That's being generous as well. I think the tourney is going to be tough to trust. Especially when each player has a standard deal. JohnnyT is right, he

doesn't realize it but when he mentions the SAME $20k it alludes to a good point.

How is it a stakehorse challenge when the stakehorses aren't doing what they do other than put the money up? If I got $20k maybe it's worth giving 35% to get SVB or Dennis is only worth 15%. I'm just not sure a gambling tournament works.
Click to expand...


"he doesn't realize it". Of course I realize it, that's why I said it. :)
 
TheMarsMan said:
I have talked to Greg Sullivan from Diamond Billiards and we came up with a new tournament for 2015 at Derby.

Some of the items are still to be determined but here is what we know so far:

The Stakehorse is able to pick any player on the planet that they can get to Derby
10 Ball - Rules same as Big Foot Challenge
10 foot Diamond tables
Limited to eight stakehorses, entry is 20K each
1st place pays $100,000, 2nd place pays $60,000
The players get 25% of the total payout, 75% to the backers.
The backer gets 60% of the player that he puts in and 40% of another player randomly drawn from the other 7 remaining.
All Stakehorses will get a free room from Greg for the entire tournament.

Items that need to be worked out:
Length of race (I was thinking 9)
Single or Double Elimination (I am thinking a double elim would be better)
Schedule of matches (Two days of matches should be enough I would think)
Etc...

I am in and have picked SVB as my player, other players who I am sure will have someone put them in: Appleton, Orcullo, Bustamante, Pagulyon, Hohmann, Reyes, Neils, Wu, Ralf, Mika, etc...

I am pretty certain that we will have 8 of the top 10 best players in the world, so I will be happy with whoever I get chosen for my other 40%. The stakehorses are allowed to trade their random picks with other stakehorses if both agree.

Betting on matches will be encouraged!

I think this will bring in extra money in the DCC and I know win or lose I am going to have a good time with this event.

We are limited to the next 7 people who contact me and put out some no show money. I have already talked to some of the bigger stakehorses at the last Derby and I know some of the spots are going to go fast.

If anyone has any suggestions or wants to talk about putting someone in let me know.

John Mars
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Would this be in place of the Bigfoot Tournament or in addition to that event ?
 
TheMadScientist said:
You need to clarify the 60% 40% thing a little. The way you have it, it sounds like the backer who lucks into the winning extra horse gets 40% and yet the original backer would end up losing money because he has to pay the player.
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The 25% that is paid to the player comes off the top so for first place:

25,000 - Player
75,000 - Stakehorses

45,000 - Main Stakehorse
30,000 - Random Stakehorse

For 2nd Place:

15,000 - Player
45,000 - Stakehorses

27,000 - Main Stakehorse
18,000 - Random Stakehorse
 
dchan320 said:
Grab all the affluent pool enthusiasts (aka Stakehorses) and make this a re-occuring event would be amazing to see.

Movie quote: "...theme music. Every hero has got to have some." :grin:

-Doug
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The plan is definitely to make it a recurring tournament similar to the Bigfoot if everything goes as we hope.

I see it being limited to 8 stakehorses / players so we always have the best players.
 
rezin8 said:
Are Corporations allowed?
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Absolutely it can be multiple people putting up the money, the only thing I ask for is one person who I give the money to, you can split it up anyway you want.

I have already been talking to a few people who plan to split it up between two or more people. In fact I am splitting mine with my Father so we are a small corporation.
 
TheMarsMan said:
The plan is definitely to make it a recurring tournament similar to the Bigfoot if everything goes as we hope.

I see it being limited to 8 stakehorses / players so we always have the best players.
Click to expand...

So would you have to approve the player being backed?
To make it the 8 best.
Just asking cause you got Earl who might get backed.
Or you never know JB might want in on the action.lol
 
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Celtic said:
I think the biggest problem is that it is 10-ball and Marsman took the "big" favorite off the table right off the bat. SVB won the Bigfoot fairly comfortably, he dominates 10-ball and most would figure him at least 1/3 favorite to win this 8-man event.

This might have a better chance of filling up with tight pockets and 8-ball. SVB's break is still huge but Fatboy style rails on a 10- foot in 8-ball and Gareth might come out, Melling, some of the Chinese guys who play a lot of Chinese 8-ball.

SVB is simply too dominant at 10-ball.

Plus if this is going to be the best 8 guys in the world might as well go long races (17 or so) alternate break, win by 2, single elimination.

A question. Is a top player allowed to put themselves in for the $20k for a chance at the whole 1st place payoff and no backer split?
Click to expand...

There are plenty of people who can win on a 10' table with tight pockets, I stake SVB, have been doing it for years. I am very sure that he wouldn't let someone else stake him in this without giving me first option.

There are plenty of stakehorses that stake mainly Filipino players, I know they wouldn't be ones to stake Shane.

Also by having a random draw of the remaining players everyone has a chance for another great player. This will help greatly on the variance that comes from tournaments. Odds are very good that there will be 4 winners instead of only two.
 
tommyceilings said:
I'll say what a lot of people are thinking regardless of marsman's status.

It comes off as a penie measuring contest, and why in the world would it need to be 20k, do you really need attention to yourself?

OK, I am starting a new tournament at the DCC, it's a $4.3M entry fee and first place will pay 15M

Like a 1k entry fee tournament isn't enough, someone has to say hey look at me, reminds me of a person from Las Vegas who wanted to add a tournament to the DCC.

There is no need for something like this, and it continues to take away from the DCC. People pay money to watch players at the DCC on PPV and in person, all these extra things that go on, take the wind out of their sails and take away from Greg's baby.
Click to expand...

You aren't worth a response.
 
Roadking said:
So would you have to approve the player being backed?
To make it the 8 best.
Just asking cause you got Earl who might get backed.
Or you never know JB might want in on the action.lol
Click to expand...

Any player that is put in by a stakehorse is able to play, I will not be limiting the field. I imagine that the entry fee will limit it to only the best players.

We will have a tournament director and if anyone gets out of hand they will be thrown out of the tournament and have two very pissed off stakehorses.
 
mikeyfrost said:
I immediately see all the players agreeing to a $2500 saver of some sort
Click to expand...

I don't see a problem with the players making savers, I doubt very seriously that some of them will want to but it may happen.

All I know if the player that wins will get 25K and the 2nd place player will get 15K what they do with the money at that point is their choice.
 
TheMarsMan said:
I have talked to Greg Sullivan from Diamond Billiards and we came up with a new tournament for 2015 at Derby.

Some of the items are still to be determined but here is what we know so far:

The Stakehorse is able to pick any player on the planet that they can get to Derby
10 Ball - Rules same as Big Foot Challenge
10 foot Diamond tables
Limited to eight stakehorses, entry is 20K each
1st place pays $100,000, 2nd place pays $60,000
The players get 25% of the total payout, 75% to the backers.
The backer gets 60% of the player that he puts in and 40% of another player randomly drawn from the other 7 remaining.
All Stakehorses will get a free room from Greg for the entire tournament.

Items that need to be worked out:
Length of race (I was thinking 9)
Single or Double Elimination (I am thinking a double elim would be better)
Schedule of matches (Two days of matches should be enough I would think)
Etc...

I am in and have picked SVB as my player, other players who I am sure will have someone put them in: Appleton, Orcullo, Bustamante, Pagulyon, Hohmann, Reyes, Neils, Wu, Ralf, Mika, etc...

I am pretty certain that we will have 8 of the top 10 best players in the world, so I will be happy with whoever I get chosen for my other 40%. The stakehorses are allowed to trade their random picks with other stakehorses if both agree.

Betting on matches will be encouraged!

I think this will bring in extra money in the DCC and I know win or lose I am going to have a good time with this event.

We are limited to the next 7 people who contact me and put out some no show money. I have already talked to some of the bigger stakehorses at the last Derby and I know some of the spots are going to go fast.

If anyone has any suggestions or wants to talk about putting someone in let me know.

John Mars
Click to expand...

When and if Shane wins is he going to pay the IRS or are you? That amount is not like finishing high in the 3 normal tournaments and you can bet on that. The tournament sounds good and would definitely be good for the players especially when an 8 way chop out of the gates was on. I'm sure Shane could get a little better odds than the rest of the field though. There will definitely be plenty of bets made on matches with all the shady characters that will come out of the woodwork on that one. Is there really any question on whether it should be single or double elimination and the race should be longer than 9 for sure. Why not make it a 10K entry and have Greg and the Horseshoe match the pot? The venue makes that many times over during the tournament and Greg can post some of the buybacks from the other tournaments and still make an ample amount.

Bring in a snooker table I got Ronnie Ó all we need is 7 more

PBF,
hopes it goes down
 
I'd like to see a king of the table match - winner keeps the table, 10k races to 11, win by 2, alternate break. Must post min 2 sets(20k) random draw for order initially, then to the back of the line after loss.
One "team" backer and player could win the whole $160k (actually $140k)
 
PrettyBoy_Floyd said:
When and if Shane wins is he going to pay the IRS or are you? That amount is not like finishing high in the 3 normal tournaments and you can bet on that. The tournament sounds good and would definitely be good for the players especially when an 8 way chop out of the gates was on. I'm sure Shane could get a little better odds than the rest of the field though. There will definitely be plenty of bets made on matches with all the shady characters that will come out of the woodwork on that one. Is there really any question on whether it should be single or double elimination and the race should be longer than 9 for sure. Why not make it a 10K entry and have Greg and the Horseshoe match the pot? The venue makes that many times over during the tournament and Greg can post some of the buybacks from the other tournaments and still make an ample amount.

Bring in a snooker table I got Ronnie Ó all we need is 7 more

PBF,
hopes it goes down
Click to expand...

6 whole posts and this is the 2nd time you have assumed incorrectly about DCC and how much is made... An event is only a success if it puts more people in the casino than something else would...

Derby City does not run Diamond in the red but it also doesn't make bank like I think you think... The buyback money is actually used to fund the all around money and the added money to all the satellite events, to cover the rooms of the past Louie Roberts winners and some returning champions and to pay staff... DCC is the worlds biggest advertisement for Diamond Billiards.. It is not nor will it ever be their cash cow....

The hotel does make money but do you think all of those rooms would be empty or would a substantial amount be rented regardless....

For the casino DCC is barely worth the headaches and shenanigans that go along with the event... The rooms are not even in their calculations since those get rented regardless. Sure there are blocks made available but they are not reserved and left unrented if DCC doesn't fill them up. Try getting there on the weekend on a whim with no reservation and your room at the casino will be 9 miles down the road in New Albany. Upticks in food and beverage sales and increased activity in the casino are what they are looking for... The casino won't be throwing ANY money towards the tournament... Otherwise they might as well not even host the event....

Chris
 
So basically a double elim. (must post 10k twice) orig. pos. by draw you lose you go to
the back of the line, you lose again you're out. Interesting format would be pretty exciting.

I'd like to be last in line to start. Guy holding the table would tire, I think.


Originally posted by Jasonlaus:

"I'd like to see a king of the table match - winner keeps the table, 10k races to 11, win by 2, alternate break.
Must post min 2 sets(20k) random draw for order initially, then to the back of the line after loss.
One "team" backer and player could win the whole $160k (actually $140k)"
 
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What if a player wants to put up his own $20K?

Of course, he can make a $20k side bet, but not one that pays $100,000.
 
Great idea! This type of challenge may raise the eyebrows of the general public giving pool a little exposure.

One question, how does the rest of the world, e.g. China, get wind of this news? Is it even enough $$ for China to even think about it?

Out like a screw on tip at the SBE,

ghost ball
 
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