June 11th, 2011 at 10:59:02 AM
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I have tried to find out what Freeroll Tournament means using the internet, including the WoO site, but what I find still keeps me guessing. Not figuring it out could be due to being dense, but anybody know?
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell! She is, after all, stone deaf. ... Arnold Snyder
June 11th, 2011 at 11:06:48 AM
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http://en.wikipedia.org/wiki/Freeroll_(poker)
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June 11th, 2011 at 11:10:00 AM
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Quote: miplet
it says "a tournament with no entry fee" ... is that the whole of it? They have it for Blackjack and others
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell! She is, after all, stone deaf. ... Arnold Snyder
June 11th, 2011 at 1:06:33 PM
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No entry fee is what I think it means though in order to participate you may simply have to have put in sufficient time playing. The prize money is put up by the casino as a reward for frequent play.
Otherwise, the prize money comes from entry fees the players have to pay to buy-in to the tournament.
Otherwise, the prize money comes from entry fees the players have to pay to buy-in to the tournament.
June 11th, 2011 at 5:30:35 PM
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You've already got good replies.
Yeah, FreeRolls generally mean there is no cash buy-in, but often have some requirement, such as 'X' hours of play in the month.
When I was in Vegas last year, I discovered a FreeRoll at Harrah's Poker room. I don't remember if it was every day, or just Saturday. I didn't discover it until my last day.
Anyway, it was at about 7:00am. Anyone could enter, and get 500 in chips. It got people into the poker room early. As they bust out, cash games open. Makes good business sense.
However, there was an "optional" add-on for 1,000 chips which cost only $5.
Yeah, they can legitimately call it a "FreeRoll", but everyone paid that $5 option for triple the starting stack.
And that mere $5 option covered the cash prize as well as some of the expenses. Very slick.
Yeah, FreeRolls generally mean there is no cash buy-in, but often have some requirement, such as 'X' hours of play in the month.
When I was in Vegas last year, I discovered a FreeRoll at Harrah's Poker room. I don't remember if it was every day, or just Saturday. I didn't discover it until my last day.
Anyway, it was at about 7:00am. Anyone could enter, and get 500 in chips. It got people into the poker room early. As they bust out, cash games open. Makes good business sense.
However, there was an "optional" add-on for 1,000 chips which cost only $5.
Yeah, they can legitimately call it a "FreeRoll", but everyone paid that $5 option for triple the starting stack.
And that mere $5 option covered the cash prize as well as some of the expenses. Very slick.
I invented a few casino games. Info:
http://www.DaveMillerGaming.com/
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
June 11th, 2011 at 5:55:33 PM
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Actually, that extra $5 is for the dealers. Normally, only the winners tip a little at the end of most tournies, but sometimes there's a 'dealer appreciation' at the start and entice you into paying it with extra chips. If the dealers got no tip for spending 4 hours dealing a freeroll, no dealer would want to do it.
The funding for the freeroll comes from the jackpot drop, a $1 drop per pot at Caesars properties (and some others around town, typically not MGM properties, except Mirage). At Luxor and Riv, JP drop is $2. JP drop can be used any way the room deems fit to increase business. Some go for progressive high hand bonuses, WSOP entries, freerolls, etc. Freerolls are more popular with locals who are there long enough to qualify, not so much with the tourists who pay into the fund but leave town by the time the tourney is scheduled. Can't please everyone.
The funding for the freeroll comes from the jackpot drop, a $1 drop per pot at Caesars properties (and some others around town, typically not MGM properties, except Mirage). At Luxor and Riv, JP drop is $2. JP drop can be used any way the room deems fit to increase business. Some go for progressive high hand bonuses, WSOP entries, freerolls, etc. Freerolls are more popular with locals who are there long enough to qualify, not so much with the tourists who pay into the fund but leave town by the time the tourney is scheduled. Can't please everyone.
"Poker sure is an easy game to beat if you have the roll to keep rebuying."
June 12th, 2011 at 4:03:32 AM
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thanks, guys
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell! She is, after all, stone deaf. ... Arnold Snyder
June 12th, 2011 at 9:23:35 AM
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always worth playing, I won a $11,000 WPT package from a freeroll ;-)
http://wizardofvegas.com/forum/off-topic/general/10042-woes-black-sheep-game-ii/#post151727