Gabber
Banned
onepocketchump said:Jay, I understand your concerns. What this is looking like to me is the IPT as Kevin laid it out back in August of last year. There have been some tweaks and modifications but it pretty much follows the formula that Kevin has already stated he wants to follow. The qualifiers have proven that there are plenty of players who want to participate.
Last place in the IPT Open in July gets $2000. When have you ever been involved in a tournament that paid last place? First place is $350,000. Now I know you like to gamble. I can confidently say that you have at times risked FAR more for a chance at FAR less. Let's just say you spent $10,000 to get a bonafide champion into the IPT's two open events and he finished middle of the pack. You would then share in somewhere in the neighborhood of $25,000.
All in all you would be shooting your 10 dimes at a share of 5 million in prize money. Never before have you or anyone else in the modern history of this game been able to do this.
So it follows that things are going to be run differently. Why would the IPT want to award prize money to the participants of the qualifiers? The qualifier is only a stepping stone to the real prize. The chance to become fairly wealthy playing pool.
You are right. Right now it's the qualification tour. I disagree though about no scheckels being paid out. The bonus money for running six packs, the free entries into future qualifiers, the bonus money paid out to IPT players are all monies that have been spread to IPT players and hopefuls.
Anyway, I ramble. I can understand your concern as you are one of the promoters that has literally seen it all with schemes to "make pool huge". I can see how having Kevin Trudea at the helm is especially alarming. But that is one of life's ironies. The huster community has to put it's faith in a person who is constantly called one of America's biggest conmen.
John
How much would the first prize be at the US Open 9-ball if only the first 2 players got a payout?
How much would it be if they all put 2 grand of their own money into the prize pot? Think about it.
What we have just had is 6 Qs where 240+ players have put up 2 grand of their own money. [Its not IPT money.]
Now, if this was a normal tourney there would be 12 players left over and more than $500,000 in the prize pot to share between them! Not bad.
At this point, they dont really need the IPT because between themselves, [ its still their money] they could have the biggest pool payout ever!
If I was one of those players or a backer I would be loath to give that cash to the IPT for a guaranteed return of 12 grand.
Gabber
Now we know why 'next year' there is a 'guaranteed' payout of $100,000!