Registration has been open for over a week already, as they have been running donkament satellites, with $10 buy ins. As of this past Sunday night, they already had around 25 registered.

They think that there are going to be at least 120 players.

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Incessant Twitter Ramblings available here: LasVegasMichael

Actually 80 is the players equity break even point.

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If liberty means anything at all, it means the right to tell people what they do not want to hear. -- George Orwell

and 101 is overlay territory

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If liberty means anything at all, it means the right to tell people what they do not want to hear. -- George Orwell

Didn't mean overlay there (overlay is below 80. What I meant is 101 is when the prize pool grows again)

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If liberty means anything at all, it means the right to tell people what they do not want to hear. -- George Orwell

Maybe I've not understood the terminology correctly, but I always thought an overlay meant that part of the prize pool was coming from some source other than the players. If it's $100 + $25 with a $10k guarantee, then isn't there an overlay (using my definition above) if there are less than 100 players?

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@missingflops on Twitter

Your logic is correct but you are forgetting the $25 juice you pay, so the correct answer is 80 from the player's perspective (80x125=10K)

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The first step is admitting you have a gambling problem. Anybody have any idea what step #2 is?

Here is the structure:

25/50
50/100
100/200
Break/Last chance for re-entry
100/200/25
200/400/50
300/600/75
Break/color up
400/800/100
600/1200/200
800/1600/300
Break/color up
1000/2000/500
2000/4000/500
4000/8000/1000
Break
5000/1000/1000
6000/12000/2000
8000/16000/2000
10000/20000/3000

What is the M on this?

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Incessant Twitter Ramblings available here: LasVegasMichael

I don't know if you mean the PF as opposed to M, but it calculates out to 18.98 which is off the end of the Snyder scale. Definitely a ton of play, you could fold for two hours solid and still have an M > 14.

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@missingflops on Twitter

Hey Guys, glad to see the room and the 10K tournament is being talked about. My name is David Scarano, I am the poker room manager at Santa Fe. Sorry I didn't know there was a thread already posted about this, otherwise I would have just jumped in instead of post my own. If I haven't already met you formally, come up and introduce yourselves the next time you are in the room. I will answer any questions about the room or current promotions and will try to log on once a week or more.

It's very similar to Venetian's structure for their evening tourney, but has higher antes and it removes the 1500/3000 and 3K/6K levels and substitutes a 5K/10K level. But Venetian's rounds are 20 minutes and these are 40. I think it'd play better in spots if they mirrored Venetian's structure more closely. Being that harsh with the blinds going from 1K/2K to 4K/8K is nasty--what Venetian does in 4 levels they are doing in 2. But hey--if you make it through that you get more time to play in the last few rounds.

But this looks pretty good, particularly with 40 minute levels, and because it's $125. It's going to take a long time to complete with T1M in play.

Oh... and you're gonna need a bigger boat. It might not be done at 10K/20K/3K if they get 100+ players. Don't make plans to be home by midnight.