Galveston One Pocket Payout

$TAKE HOR$E

$TAKE HOR$E

champagne - campaign
Silver Member
In the interview before the final match between Efren and Shannon, they said Efren is the only one that voted to keep the payout at $25,000. Does anyone know anything about this. It was originally stated that it payed $25,000 for first but now it pays $15,000.
 
$TAKE HOR$E said:
In the interview before the final match between Efren and Shannon, they said Efren is the only one that voted to keep the payout at $25,000. Does anyone know anything about this. It was originally stated that it payed $25,000 for first but now it pays $15,000.
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The original payout list did have $25k for first but only about $6500 for second. I heard there were a lot of complaints about the top-heavy distribution. There likely would have been a lot of savers with the money coming down so fast from the top spot. They had a meeting of the players remaining in the tournament at that time, and had a vote. Or so I was told.

I think it would have been better to state an added amount and the general prize proportions from the start rather than the way it was done. I think the promoters' concept was that the high first prize would draw the players regardless of the other payouts.

I feel that if only one player objects, you have to keep the prize list set before the first match. A tournament is not a democracy.
 
Bob Jewett said:
I feel that if only one player objects, you have to keep the prize list set before the first match. A tournament is not a democracy.
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Right, like when they had that dispute about the other tournaments where they didnt specify or something in advance. They said 2nd pays $7500, so they must have passed the other $9000 on down.
 
$TAKE HOR$E said:
In the interview before the final match between Efren and Shannon, they said Efren is the only one that voted to keep the payout at $25,000. Does anyone know anything about this. It was originally stated that it payed $25,000 for first but now it pays $15,000.
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guess efren felt like he was gonna win!!!!
 
Efren knew he was gonna win the whole thing that's why he objected it. I guess the majority wanted the money to spread around not just Efren taking the big chunk :cool:
 
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1. $15,000 2. $7,500 3. $4,000 4. $2,000 5-6. $1,400 7-8. $900 9-12. $650 13-16. $450 17-24. $275.

It was a much fairer distribution of the prize money. Voted on by the last 24 players. They did the same thing with the pro women's 9-Ball (Allison voted no), and will be doing it in the pro Ten Ball. With 50K on top it's a good move by the promoters.

Absolutely should have been advertised as Added Money! Would have brought many more players to the event. They are adding well over 100K to the overall event. HUGE! And will take big losses. I don't know if they can sustain these losses and have a second one. Only time and Taylor Road will tell. I told them the second year might be twice as big.
 
Bob Jewett said:
The original payout list did have $25k for first but only about $6500 for second. I heard there were a lot of complaints about the top-heavy distribution. There likely would have been a lot of savers with the money coming down so fast from the top spot. They had a meeting of the players remaining in the tournament at that time, and had a vote. Or so I was told.

I think it would have been better to state an added amount and the general prize proportions from the start rather than the way it was done. I think the promoters' concept was that the high first prize would draw the players regardless of the other payouts.

I feel that if only one player objects, you have to keep the prize list set before the first match. A tournament is not a democracy.
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I think this is exactly right -- unless you get *unanimous* buy-in from all the players involved, you can't pull this after you've been advertising a $25K guaranteed first prize.

Funny story, from several years back: I was in a local 1pocket tournament. They only ended up with something like 12 guys and the promoter asked if the players wanted to make it "winner take all" or whether it should be a payout to first, second and third. I voted for the broader spread, and that's what ended up happening.

Well, I won the tournament, and as I'm collecting my share of the cash, Tom Ferry (Old Has Been) walks by me and without missing a step whispers, "Way to go, Einstein."

Lou Figueroa
 
jay helfert said:
1. $15,000 2. $7,500 3. $4,000 4. $2,000 5-6. $1,400 7-8. $900 9-12. $650 13-16. $450 17-24. $275.

It was a much fairer distribution of the prize money. Voted on by the last 24 players. They did the same thing with the pro women's 9-Ball (Allison voted no), and will be doing it in the pro Ten Ball. With 50K on top it's a good move by the promoters.

Absolutely should have been advertised as Added Money! Would have brought many more players to the event. They are adding well over 100K to the overall event. HUGE! And will take big losses. I don't know if they can sustain these losses and have a second one. Only time and Taylor Road will tell. I told them the second year might be twice as big.
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The main tournaments might get bigger but the team events that they seemed to also rely on will remain just as small. Unless a national event is tied to some league championships, there will never be a great showing of teams.
 
Its really easy to criticize them for this. I am not saying it was the right or wrong thing to do. And I am not criticisizing any of you. I am saying this is a great event, they are first year promoters, and this is a great thing for pool. It gets people excited to play and practice. I am sure this was a huge learning curve for the promoters and the same mistake propably wont happen again
Only Efren should be upset. Everyone else should be thankful that these guys done such a wonderful job with a huge tournament and offer our support to them in the future.
 
takes balls to vote for a top heavy payout

I don't blame players for voting the other way with so little to go around, but it does make me respect those others just that much more with Efren, ironically being the one exception

most players facing him in one pocket nowadays have beat themselves before the match even starts
 
The Pro 10 Ball payout is listed on the bracket page as being $25,000 for first now. 75 players, $600 entry.

75 x 600 = $45,000.

Be interesting to see how deep they pay and what the spread is. If this $50,000 for first tournament turns out be $5,000 or $10,000 added I am gonna LOL a little.
 
I like the idea of spreading the dough. That money filters better through the pool economy instead of the lions share just going into to one pocket. Also the more pool players that can leave Galveston winner, the more they will tell others what a good time it was. This tournament will be huge next year if the promoters can just fade this first years losses.

They should try to figure out ways to increase amateur participation. Just IMO, and I certainly could be wrong, but if they do it again next year, they ought to segregate a TRUE amateur event and then have a middle ground for second tier pro/high shortstop. If you look at the amateur event this year, the guys who got to the top 16 are all AA players easily. Justin Hall gives the A level amateurs the 7/8 all day long down here in florida. Im not knocking this years event, because the promoters here have really gone all out to make this event a top class event. I just think a true amateur event could draw a 512 field and thats 512 amateurs who have regular jobs and are on a pool vacation. Their bankrolls dont have as tight of purse strings attached. The comment JCIN had about the vendor mood being dampened by the lack of amateurs was spot on.
 
uwate said:
I like the idea of spreading the dough. That money filters better through the pool economy instead of the lions share just going into to one pocket. Also the more pool players that can leave Galveston winner, the more they will tell others what a good time it was. This tournament will be huge next year if the promoters can just fade this first years losses.

They should try to figure out ways to increase amateur participation. Just IMO, and I certainly could be wrong, but if they do it again next year, they ought to segregate a TRUE amateur event and then have a middle ground for second tier pro/high shortstop. If you look at the amateur event this year, the guys who got to the top 16 are all AA players easily. Justin Hall gives the A level amateurs the 7/8 all day long down here in florida. Im not knocking this years event, because the promoters here have really gone all out to make this event a top class event. I just think a true amateur event could draw a 512 field and thats 512 amateurs who have regular jobs and are on a pool vacation. Their bankrolls dont have as tight of purse strings attached. The comment JCIN had about the vendor mood being dampened by the lack of amateurs was spot on.
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I agree Uwate. Gene Albrecht is rated the exact same as Rodney Morris, Scott Frost and Mitch Ellerman here in AZ but was considered an amateur.

I'm definitely in for next year and I know a couple teams that want to go as well. The only issue I see is that most Amateur's work full time and can only go to 1 event a year. Do players choose this event over going to the National BCA? Texas usually sends the most players (or close to it) every year.

Unfortunately the only way to boost huge numbers in any tournament is to give all the players the ability to win it all. And that means limiting entries from players that are AA/Master and up. (that's why poker is so huge, any slob sitting at home in his boxers can run good)
 
JCIN said:
The Pro 10 Ball payout is listed on the bracket page as being $25,000 for first now. 75 players, $600 entry.

75 x 600 = $45,000.

Be interesting to see how deep they pay and what the spread is. If this $50,000 for first tournament turns out be $5,000 or $10,000 added I am gonna LOL a little.
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you really don't like this event, do you?
 
Well the odd thing about this tournament is their Payouts page has always shown a large amount of added money since it was posted up (http://www.theworldclassic.com/payouts) but they don't seem to make any effort to promote this, although it does say right at the top that "...these are the MINIMUM PAYMENT SCHEDULES and payouts figures may be subject to go higher".

As they have been pretty much silent on where the money is coming from and how it is guaranteed it left cynical observers such as myself with the impression that it was all just a front. I sincerely hope that this is not the case as the tournament, although clearly suffering from inexperience in several areas, seems to be otherwise successful.

Can anyone there confirm that the players for the completed events have been paid out yet?
 
AuntyDan said:
Well the odd thing about this tournament is their Payouts page has always shown a large amount of added money since it was posted up (http://www.theworldclassic.com/payouts) but they don't seem to make any effort to promote this, although it does say right at the top that "...these are the MINIMUM PAYMENT SCHEDULES and payouts figures may be subject to go higher".

As they have been pretty much silent on where the money is coming from and how it is guaranteed it left cynical observers such as myself with the impression that it was all just a front. I sincerely hope that this is not the case as the tournament, although clearly suffering from inexperience in several areas, seems to be otherwise successful.

Can anyone there confirm that the players for the completed events have been paid out yet?
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I know of two persons who cashed, and they got the money in cash. Not high finishers, but they got paid.

The payouts listed on the website did require a minimum amounts of players, though... But they have said that they were going to pay $ 25 000 first place in 1p, guaranteed.

They didn't, but instead they added $ 25 000 to the event. Still good in my book, because of the amount is the same, but they advertised wrongly, and I really feel bad for Efren.

If they choose to do the same in 10-ball, I will feel the same. Happy that they pay $ 50 000 added, but I will feel bad for the winner.

Hopefully they will advertise correctly next year, if they will run more events, which I hope they will.
 
Roy Steffensen said:
I know of two persons who cashed, and they got the money in cash. Not high finishers, but they got paid.

The payouts listed on the website did require a minimum amounts of players, though... But they have said that they were going to pay $ 25 000 first place in 1p, guaranteed.
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Thanks for the info, good to hear that cash is being paid.

How much was guaranteed regardless of how many players came was one of those seemingly deliberately unanswered questions. However the payouts page listed a 256 and 128 person field, and my understanding is they had 90 for the One Pocket, which means they would have used the 128 player field. If they had less than 64 I can see this being changed, but not with 90.
 
Roy Steffensen said:
you really don't like this event, do you?
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If I hated it then why am I here?

I just expect events to pay what they say they will. When everyone who asks any questions is shouted down and told "At least they are doing something" it pisses me off. I am all for doing something in fact I try and do it myself. But I am also for doing what you say.

From $50,000 to $9,000 for the Team 8 Ball? Come on man.

It is a fun event. The people running and reffing the event have done a superb job with what they had to work with. When I came down here it was to see some friends, watch the best in the world play and shoot some pictures and video for the new Team CSI. Just because I can do some math does not make me the bad guy here.

Here is the final 10 Ball payout:

3934290809_86f95d7c99_o.jpg


Total prize fund $67,000

75 entries x $600 = $45,000

$67,000 - $45,000 = $22,000 added.

First place advertised: $50,000

First place paid: $25,000

A $22,000 added event is awesome. It is respectable. It is also far from what was promised and promoted.

Here is the Pro 8 Ball final payout:

3934375253_5d22c2519f_o.jpg


Total payout: $42,000

91 entries x $300 each = $27,300

Total added = $14,700

First place advertised: $25,000

First place paid: $15,000

I could go on but I have other things to do. These are all decent added money events in a very nice venue on great equipment. But if you can look me in the eye and tell me this is what was advertised then I think you should stay away from bridge salesmen.

I am thinking of doing a $100,000 first place event. I don't have the money but I guess it doesn't really matter because hey....at least I would be doing something.
 
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