New Prize Money Breakdown...

TheOne

TheOne

www.MetroPool.club
Silver Member
Apart from the promised $5k first round money the breakdown has been updated so that every game counts. This is an EXCELLENT idea as it helps to eliminate dumping and makes the money list easy to split at the end of the year. It also ties payouts to performance rather than lumping all the players that didn't make it through a specific round into one pay bracket.

http://www.internationalpooltour.com/ipt_content/events/06_wo_8ball_open/prizemoney.asp

Gold Star to whoever came up with this fantastc idea! :p
 
OUCH... if you survived the 1st round only to finish as the lowest ranking player having survived that 1st round yet having been eliminated in the 2nd round, you'll get paid only $53 more than every player who didn't survive the 1st round.

On the plus side, if you finish as the highest ranking player who would have otherwise gotten paid the nominal $7000 figure, you will now get paid $8947... a nice chunk better than the nominal $7000. :)
 
There has to be more to it than that??? It looks like it would be possible to get eliminated in the 2nd round with a very high win % and then get 4th or 5th place money because of your win %? :confused:
 
Johnahl said:
There has to be more to it than that??? It looks like it would be possible to get eliminated in the 2nd round with a very high win % and then get 4th or 5th place money because of your win %? :confused:
Click to expand...

No - I believe the win percentage just determines where you stand at the time you were eliminated.

The One - I believe the IPT may have picked that idea up right here on this board.

Jake
 
jjinfla said:
No - I believe the win percentage just determines where you stand at the time you were eliminated.

The One - I believe the IPT may have picked that idea up right here on this board.

Jake
Click to expand...

It wouldnt be the first time Jake, they do seem to be good listeners in the most part.
 
So the players that made it to today are NOT guaranted 15 thousand dollars after all?:confused: 60th place will only get $9,020.00.

1st Place $500,000
2nd Place - $150,000
3rd Place - $92,000
4th Place - $80,000
5th Place - $66,000
6th Place - $50,000
7th - 18th Place - $36,000 each
19th - 36th Place - $25,000 each
37th - 60th Place - $15,000 each
61st - 120th Place - $7,000 each
121st - 200th Place - $5,000 each
 
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TX Poolnut said:
So the players that made it to today are NOT guaranted 15 thousand dollars after all?:confused: 60th place will only get $9,020.00.

1st Place $500,000
2nd Place - $150,000
3rd Place - $92,000
4th Place - $80,000
5th Place - $66,000
6th Place - $50,000
7th - 18th Place - $36,000 each
19th - 36th Place - $25,000 each
37th - 60th Place - $15,000 each
61st - 120th Place - $7,000 each
121st - 200th Place - $5,000 each
Click to expand...


As many of you know, I'm running an AZ billiards IPT money pool. It's supposed to be for comaraderie and some fun.Having to select each player their own money value has turned this into a lot of statistical work(not much fun) I wasn't counting on.:(
No more cutting and pasting the same money totals.:(

Those bassturds!!! :D
Hopefully they'll itemize the exact money payouts in the end and I'll slog through the mess.Right now all the prize money totals for eliminated players
have been rounded off.Check here for details:
http://www.internationalpooltour.com/ipt_content/events/06_wo_8ball_open/statistics.asp#10109

RJ
 
Not sure if I would like the payout structure

How would you like to be one of these 5 lucky players who clawed their way into Round 2 only to receive an average of $100 more than they would have if they were eliminated in round 1?!?

Jones, Loree Jon $5,317
Schwartz, Larry $5,251
Bulunmaz, Oezer $5,185
Butera, Louis $5,119
Jones, Samuel $5,063

ps. I realize I'm just echoing what CigarDave said!
 
beetle said:
How would you like to be one of these 5 lucky players who clawed their way into Round 2 only to receive an average of $100 more than they would have if they were eliminated in round 1?!?

Jones, Loree Jon $5,317
Schwartz, Larry $5,251
Bulunmaz, Oezer $5,185
Butera, Louis $5,119
Jones, Samuel $5,063

ps. I realize I'm just echoing what CigarDave said!
Click to expand...
Guess our perspective can be either from the side of the person getting only $53 more than those that didn't make it out of the 1st round... or from the perspective of the better than average player who lost in the second round but feels that he/she deserves more money because they played better overall than the rest of the group that dropped out in the same round.

Some of us side with the negative... and some of us side with the positive. In my experience, it happens all the time in leagues and tournaments.

That said, if I were in charge of spreading the money, I would have left a gap between the $5000 prizes... and the lowest of those who survived the 1st round... but didn't survive the 2nd. For instance, I would start the lowest of the $7000 nominal prizes at $6000 instead of at $5053... but that's just me.
 
WOW...this is terrible. They should have made the change after this season, beginning the 2007 season.

This solves some problems in fairness, but creates others. Like you guys said, $53 more is the guaranteed payday for getting out of round one. The difference between advancing and not advancing is match WINS first and foremost. That means I could advance with 1 win, while another player might not advance with 2 wins. YET, the difference in payout is not determined by advancement, but by the tie-breaking factors.

Although, this system eliminates people from "giving up"..like if they are in the last match guaranteed not to advance, their weaker play effects the future advancement of the player who is guaranteed to advance. You see, you might be OUT for sure, so your attitude in game play effects other people who will have to play the guy you lose to 8-0 because your opponent gets a big boost to their win percentage.

ALSO, this helps kill the incentive to DUMP matches on purpose in order to get a cut of the opponents winnings. I think GLI did that best, but the whiners didn't like GLI.

Like I said in another thread - at the NAO, deals were cut where people would dump matches to get a share of the advancing player's winnings. That's a fact. And, again..I'm not sharing names.

REGARDLESS, there's still no incentive to dump a match because if you are tied in money down the line, and your tour card is at stake, or your potential chance to win one is at stake - it will come down to matches won, then percentage, then B&R etc...so, you'd be 1 match weaker. On the other hand, there are players who don't think that far ahead, or are in a position where they cannot win a card (1st or 2nd round losers), so as this will be their only "ride" in the big-league, they might as well cash in a bit. OR, some players who advance enough to win a tour card, but can't get deeper into the tournament, and try to get a little extra earnings.


I like the idea that this system rewards the better players and the better play. It truly makes all matches, all games all everything COUNT, and count in a way that directly translates into cash. Cash is the language which players understand.....
 
I think the new method makes perfect sense. A 60 way tie for 61st place doesn't make much sense to me. This payout method rewards sustained excellence, and that's as it should be.

Why should the player going 3 - 2 in Round 2 get the same as a player going 0 - 5? That doesn't make sense. Of course, I assume the new payout structure was announced at the players meeting. If it wasn't, then this is not fair.

Many will recall that, for many years, in the world straight pool championships, there were no ties for positions. Total ball count was always used to place those bowing out in the same round. Same concept in play here.

I'm in favor of this change.
 
When it comes to the top 100 players (who get to keep there IPT cards and supposed 100K bonus) it will be really interesting to see the difference in cash accumulated between qualifier 100 and 101.

With this system qualifier #101 may be only a few 100 dollars short of making an additional 100K. Some players are really going to be dissapointed.

In this marathon, every rack can be potentially life or death.
RJ
 
TheOne said:
Apart from the promised $5k first round money the breakdown has been updated so that every game counts. ...
Click to expand...
While this was done for the $7000 amounts, it seems that the $15000 level has not been changed yet. Maybe a delay in the software?
 
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