Two Of The Biggest Paydays On Valley's

[Johnnyt]

Forget TV in the states. There arn't enough viewers when on TV. Not even for free. IMO, running tournaments in sportbars is the way to go. High entry fees, callcuta, bringing the top players, stake horses, and live gate, chasing the calcutas. Tables and venue are there already. One TD and let it rip. Players and rooms/bars need to put the tournaments on themselves. Bells and whistles in a casino are nice, but renting tables and move them cost big money that could go to the purse. If about 20 of these type tournaments, spread out around the country with streaming will go a long way to help the top players make a bit more of a living. Regional tours and leagues will take care of the rest. Johnnyt

 

[rivercitysledge]

If you all want to watch top notch players, on top notch equipment, with a top notch Calcutta go to The Carom Room in Beloit, Wisconsin this weekend. Or watch the stream. They do it right like it should be, good for pool. The Calcutta will be HUGE.

I don't know after the move Appleton pulled I wouldn't put a quarter in it

 

[rivercitysledge]

Duplicate...

 

[2strong4u]

Forget TV in the states. There arn't enough viewers when on TV. Not even for free. IMO, running tournaments in sportbars is the way to go. High entry fees, callcuta, bringing the top players, stake horses, and live gate, chasing the calcutas. Tables and venue are there already. One TD and let it rip. Players and rooms/bars need to put the tournaments on themselves. Bells and whistles in a casino are nice, but renting tables and move them cost big money that could go to the purse. If about 20 of these type tournaments, spread out around the country with streaming will go a long way to help the top players make a bit more of a living. Regional tours and leagues will take care of the rest. Johnnyt

Most room owners with liquor licenses are worried about ,losing it when they get raided for illegal gambling. If I owned a room I'd never have a calcutta. Too much risk.

As a player it's great. When they stopped auctions here the participation dropped in half. Very few come to just watch anymore.

 

[gxman]

The same style tournament as Smokin' Aces can be done on 9ft Diamonds. $2K entry, 16 players, long race to 21, double elim. I guarantee the field would fill.

Plenty of rooms around the U.S to host such an event.

 

[jalapus logan]

White Diamonds has not got much for the winner of the tournament after all it is low $ entry 128 man field. I do not know what first pays but it is not all that much. The money at White Diamonds is in the calcutta. For a player to get that they either have to buy themselves or at least half. Top players with a chance of winning go for 1K plus most of the tip top players 2k and always some goe 3,4 and more. So they are what getting 6 to one on the money for the blind bid player. So not sure how many players came out ahead but I bet it stops around 5th,6th place. So we got probably 20 name players going home stuck 6 making something. Tell me how this is the answer to pool's problem.

What was the entry at the other tourney was it like 2k. How many of that super tough field went home stuck. How many were staked I do not see that format making house payments for all of the players in the field. Great event love the venue and the thought doing bigger events buy they cannot do that every week for 20 weeks of the year.

The answer to pools problem is distribution on TV/cable somehow with real advertising and outside true added money. The entire field has to be paid and the top half have to make income level make a living money after expenses. The bottom half needs to at least break even on the trip, the entry the travel etc. This is the golf model the tennis model maybe even fishing but the whole field has to cash and they cannot be playing for entry fee's trading money around watching SVB and a couple of others take the cream all the time. Don't get me wrong the top player should win and should get the most money but there needs to be more $$ and it needs to pay alot deeper. Until there is added money the top American's will not put out the work to get paid because there aint enough out there to be worth the work. And believe if American's thought it would pay to play pool more of them would work at it and SVB would have some company.

I've got to agree with the thrust of what evli said. Calcuttas are for the gamblers, and that's great and exiting and all of that. BUT, gamblers do not exactly have a sterling reputation for being able to provide for themselves and their family (take it from me, I'm in the gambling business). Theoritically, even if ALL players were somehow raise their collective playing ability by, say an phenomenal 3 balls worth of improvement, the income distribution would still be the same and the same players would still die broke. Significant added money and a deeper payout are necessary if pro pool is to ever be viable. That is not the case right now, thus we have no pro pool (as far as I can tell).

 

[jalapus logan]

This weekend, two players that went for $300 & $400 each won over $12,000.00.

That is some serious return on your dough.

That is also great. However, as is true in the stock market, horse race handicapping, and any sports betting, the better an entity recently performs, the more $ is bet on them and the less return that is offered. Therefore, in pool especially, there is a perverse relationship between increasing ability and the diminishing return that that ability offers.

Put another way, they won't go for $300 & $400 each next time...

 

[alstl]

Smoking Aces and White Diamonds I believe have the best payoffs to the players in pool in the USA. They are on 7' Valley Bar Boxes. Weather it's Diamond's or Valley's, holding tournaments in large poolrooms or sports bars is the ticket to help the players make a living. Cut the middle man (promoter) out until someone can secure enough sponsorship to have a national tour. I said on here 8 years ago that this is the only way to go in pool right now, and still feel it is. Johnnyt

How much do Smoking Aces and White Diamonds pay?

 

[Lonestar_jim]

... Therefore, in pool especially, there is a perverse relationship between increasing ability and the diminishing return that that ability offers.

Put another way, they won't go for $300 & $400 each next time...

So true, but maybe they can go up to MO or WI where they are unknown and do it again. On the road again.

Just a very spot on post, sir.

 

[Johnnyt]

How much do Smoking Aces and White Diamonds pay?

I'm not sure now. This is an old thread. My point is the rooms and players need to work together in this. Rooms need to make money from the tournaments and plyers need to help them do this. J

 

[jalapus logan]

So true, but maybe they can go up to MO or WI where they are unknown and do it again. On the road again.

Just a very spot on post, sir.

Hmmm. The road is kind of like ability arbitrage. It is common knowledge that the era of the internet, cell phones, etc. has eroded the anonymity that the road provides. To make matters worse for such traveling gamblers, the efforts of such products as the new Fargo Rate system would, if accurate, further increase transparency of any given players' ability and it would conceivable do so on a global scale, i.e, they will be more likely bid up to a "fair" price in any calcutta, or a more appropriate spot in a gambling match. In other words, there won't be any corner of the globe left to hide. Damn, pool is a tough row to hoe!

 

[JoeyA]

The pool world has always been tough. In the past players have had to stay awake multiple days just to take off the cash and sometimes, not able to do that either.

Perhaps, this is all by design. Possibly the plan is to eliminate the gambling rogue altogether.

Once gambling is eliminated, everyone can go back to wearing coat, tie and vest........

JoeyA

Hmmm. The road is kind of like ability arbitrage. It is common knowledge that the era of the internet, cell phones, etc. has eroded the anonymity that the road provides. To make matters worse for such traveling gamblers, the efforts of such products as the new Fargo Rate system would, if accurate, further increase transparency of any given players' ability and it would conceivable do so on a global scale, i.e, they will be more likely bid up to a "fair" price in any calcutta, or a more appropriate spot in a gambling match. In other words, there won't be any corner of the globe left to hide. Damn, pool is a tough row to hoe!

 

[jalapus logan]

Once gambling is eliminated, everyone can go back to wearing coat, tie and vest........

JoeyA

I certainly hope that gamblers stick around. They line my pockets every two weeks and fund my retirement accounts too! :wink:

 

[Lonestar_jim]

It would be possible to go for several good calcuttas before you hit a big one like Lafayette. Hopefully those recent bargains have paid their dues and have already experienced smaller pots. I didn't mean it as the road of past times, just traveling to tournaments.
Straying off topic let me redirect to the O.P., JT, do you think action will be enough to sustain 75% or more of the field ?
Redacted for a future question.

 

[Skippy27]

If you are producing an event for TV, about the last thing you want is a large field. With 16 top players you can saturate a lot of broadcast time. .... If you have a million dollars per event then maybe you can open it up to 64 players but most of the play will never be on TV and so it is just wasted time and effort and tables and officials.

Word Series of Poker? They have thousands and yet they still manage to handle putting it on TV time and time again.

There is no rule you have to show every game and every shot on TV. You can do what they do and concentrate on some great shots or great wins by unknowns over some of the other players, including the "elite TV guys".

 

[JoeyA]

Here's one that's quickly catching them all in the ole calcutter. It my just surpass next time. It's been around for 3 events. The first one paid 12k for first, last yer paid 15k for first, this year right at 21k first, and next year, I'll make sure it's near 25k. It's all about the hustle.

The Big Tyme Classic.
Held once a year around March
Houston, Tx.

View attachment 392674

That's pretty sporty numbers.

How long does this tournament last?
How many people in this event?

Thanks,
JoeyA

 

[JoeyA]

I certainly hope that gamblers stick around. They line my pockets every two weeks and fund my retirement accounts too! :wink:

Don't worry, gambling isn't going any place but UP. Fargo Rate has already gotten the gamblers motors revving to their highest point, this decade.

JoeyA

 

[Bob Jewett]

World Series of Poker? They have thousands and yet they still manage to handle putting it on TV time and time again.
...

My understanding is that they take a large fraction out of the entries for the WSOP, so more players is a plus for the casino. I think you rarely see more than 20 players out of any WSOP event, but I don't really follow it.