The D freeroll tournaments

I frequently get invites to the D with free entry into table games tournaments. For example, I just got one for a $50,000 BJ tournament on 7/26-7/28. Says it includes "up to 3 complimentary nights" but I wonder if they really comp you the weekend nights.

Anyway, I was wondering if anyone knew how big these tournaments are or any way to estimate the EV. The payout schedule is 25K/10K/7K/4K/2.5K/1.5K for 1st-6th. Obviously you would have to start with a participant estimate to guess at the EV.

I'm trying to decide if I want to line up one of my future trips with one of these offers and learn a non-terribly tournament strategy (currently would have no clue what I would be doing, ha).

I wouldn't make a special trip for it or anything. I feel like I got an invite to a craps tournament in the past, but I may be making that up. I would have more fun but it seems like it could be difficult to pull that off in a small casino.

The basic calculation is (total prize money)/(number of players). However, you should make adjustments for skill factor. Also, value is significantly depressed if the casino allows re-buys. They are probably inviting about 200 people, and most casinos allow re-buys. Assuming your tournament skill is about average, I would say EV is $150. The "complimentary nights" may depend on how many you want. Some many not want to stick around that long.

Finally, make sure the prize money is cash or "use till you lose" chips. If they are use-once chips then divide EV by 2.

I did a couple of these tournaments at Green Valley Ranch/Red Rock. They were fun especially with the complimentary weekend nights and they had a free breakfast buffet for us. The prize schedule was on $25K total. So the D tourney is better E.V. Tournament strategy is not very hard to learn. You can get a sizable skill advantage over many of the players.

Quote: Wizard

The basic calculation is (total prize money)/(number of players). However, you should make adjustments for skill factor. Also, value is significantly depressed if the casino allows re-buys. They are probably inviting about 200 people, and most casinos allow re-buys. Assuming your tournament skill is about average, I would say EV is $150. The "complimentary nights" may depend on how many you want. Some many not want to stick around that long.

Finally, make sure the prize money is cash or "use till you lose" chips. If they are use-once chips then divide EV by 2.

Prize money is indeed in cash OR "use till you lose" chips, so that's good.

Quote: teddys

I did a couple of these tournaments at Green Valley Ranch/Red Rock. They were fun especially with the complimentary weekend nights and they had a free breakfast buffet for us. The prize schedule was on $25K total. So the D tourney is better E.V. Tournament strategy is not very hard to learn. You can get a sizable skill advantage over many of the players.

Thanks guys for the tips. Probably not worth enough in EV to change any trip dates, but I'll see if anything lines up.

The last D tournament only had 99 players

Hot Summer Nights offered by the sister property is July 22-24 at Golden Gate a $50k Cash Tournament!

Edit

I should have read the other posts before asking questions...