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hi-lighter
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Are these for a tour card, or are they for entries into a tournament?
Entry into the Vegas tournament in July. 
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hi-lighter
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Thats all?
Thanks,
Thanks,
That is all? lol That can be worth quite a lot of money if the players that qualify do well.hi-lighter said:Thanks,
All the get-a-tour-card qualifiers were done at least a couple of months ago.
Now how much are they charging for these one-tournament qualifiers? And correct me if I'm wrong, but once someone has qualified for a single tour event that way, don't they still have to play the $1k (or the $500 for half-winnings) on top of that?
I'm starting to wonder... people keep saying that the IPT is putting so much cash out there for the players, but it seems like it's TAKING a significant amount from LOTS and LOTS of players to start with - sometimes so much that, I'd wager, a lot of people get soured on ever trying to participate ever again due to the expense.
Now how much are they charging for these one-tournament qualifiers? And correct me if I'm wrong, but once someone has qualified for a single tour event that way, don't they still have to play the $1k (or the $500 for half-winnings) on top of that?
I'm starting to wonder... people keep saying that the IPT is putting so much cash out there for the players, but it seems like it's TAKING a significant amount from LOTS and LOTS of players to start with - sometimes so much that, I'd wager, a lot of people get soured on ever trying to participate ever again due to the expense.
ScottW said:
ScottW...You need to read more closely (see IPT website). The qualifiers that have been held recently, to get into the July tournament, have had an entry fee of $500 or $1000. However, there have been very few players in these qualifiers (only 6 in Cleveland). I think 12 has been the highest so far (not sure about the most recent ones in CA). Compare that to the five "win-a-2006-tour-card" qualifiers, that were held between Jan. and March. Those tournaments had 50-90 players each, and everybody posted $2000 to get in (except high finishers, in the earlier qualifier events, who got free entry into the other qualifiers). The last one was in Holland, and some guys got free entry, but still had to GET there, on their own dime. The people who enter these tournaments obviously think they have a shot to win...and nobody is "soured", even if they don't get in. The 'big show' money is so huge ($2M for the July tournament), that you're seeing old players come out of the wordwork, just for a chance at getting in. Mark Tadd is a perfect example, and there are many others.
Scott Lee
www.poolknowledge.com
Bah.ScottW said:
The IPT is scheduled to have five tournaments and a qualifying tournament for a 2007 IPT tour card. Those five tournaments combine for a whopping $8,540,000 in prize money. That's right, over 8.5 MILLION DOLLARS! There are 25 qualifying tournaments. Let's say each qualifier averages 20 players (they don't even come close, but let's err on the high side so we can see how the numbers work out). That means if each player pays the full $1000 for the qualifier, then the IPT is getting all of $500,000 from the qualifiers. This doesn't even cover the purse for the first tournament, let alone all five. Add in TV production, venue costs, business costs, travel expenses, costs associated with qualifiers in the first place, etc., and the qualifiers aren't even a blip on the radar. Keep in mind that high places in qualifiers (without winning) gets a player free entry into another qualifier, so in reality, the qualifiers aren't generating anywhere near $500,000. This is an insignificant number compared to what the IPT plans to disburse over the next 6 months.
-djb
DoomCue said:
Actually it would be $ 2.5 million not $ 500,000. There are 25 qualifying tournaments for each of the 5 big tournaments
You're right, I thought there were 25 qualifiers in total, but there are 25 PER event. In any case, that's still a very generous number, as I purposefully over-compensated for the number of players per qualifier. I'd wager that the actual amount generated by qualifiers is less than half that figure, since the average turnout per qualifier has been around 11 players (and that doesn't count high finishers playing in multiple qualifiers for one entry fee). That still is just a drop in the bucket compared to 8 1/2 million dollars.thebighurt said:
ScottW, just for argument's sake, let's say that the qualifiers really do generate $2.5 million. Let's also take extra costs, like TV production, venue rental, and all the other incidental expenses out of the equation. Let's treat that $2.5 million as if that money were entry fees collected for the five paying tournaments. Last year, the US Open 9-ball Championships had a full field of 256 players, at $500/player. That's $128,000 in entry fees. Barry added $72,000 to make the purse an even $200,000. That's a 56% increase over entry fees. The IPT is adding $6.04 million to the $2.5 million, a fantastic 242% increase over entry fees. I really don't see what there is to be skeptical about - KT is doing what he said he would do. He has a TV contract, he's doling out huge purses (for pool), players are playing in top-notch venues, and players are being treated as well as any other professional athlete. Players don't need to worry about losing their a$$es with the IPT - KT does.
-djb
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There's always something to worry about when something promised *hasn't happened yet*. That's my point - they've been taking in beaucoup bucks in entry fees for qualifiers etc. - cash they've got in-hand - but have yet (aside from those occasional six-pack break-and-run bounties) to really *pay anything out* to the player in the tour.
Let's also not forget Jay's recent experience trying to collect on one of those six-pack bounties, and how insignificant that amount is compared to what is being promised down the road.
Hence, my current stance on the whole thing. Like I said before, I'm hoping things work out as everyone's hoping and saying. I'm just waiting to see what happens.
Let's also not forget Jay's recent experience trying to collect on one of those six-pack bounties, and how insignificant that amount is compared to what is being promised down the road.
Hence, my current stance on the whole thing. Like I said before, I'm hoping things work out as everyone's hoping and saying. I'm just waiting to see what happens.