Friday, April 22, 2005

Reactions

Yeah, these are a bit dated, but so is my last post. It's not that I haven't been thinking about you guys or I didn't have anything to say. I've been stockpiling little comments for my next post for awhile now, but I just haven't gotten around to actually posting them.

60 Minutes: I was very surprised by the story that came out on 60 Minutes Wednesday this week. Plus I was a little nervous since I have been gearing up for a major push on my affiliate programs and was afraid they might have found something that would utterly kill online poker. No reason to fear, however, because Wednesday's story was nothing but a puff piece that actually might extend poker's reach into the mainstream. I'm even more suprised the story even ran, because there was nothing new in it. I'm sure that quite a few people in 60 Minutes' normal audience didn't know the first thing about poker, but there was nothing said on Wednesday that hasn't been said countless times before. It was actually just a 15 minute infomercial for poker. But I'll bet WPT was pissed that they spoiled the ending of that night's episode.

WPT: I had been waiting quite a while to see that episode. Of course, I followed the tournament closely when it was actually happening back in December, but that was limited to reports and hand histories online. But there's nothing like actually seeing it happen. I thought I would be bored because I already knew what was going to happen, but that didn't turn out to be the case. This week's episode was actually one of the more entertaining ones I've seen. I'm just waiting for my chance to see Humberto win one.

WPT CHAMPIONSHIP: We're getting down to brass tacks with this one, folks, as it's now down to 45 and well in the money. This one could get interesting, with two very dangerous players near the top in chips. Tuan Le heads into today in third, while Phil Ivey comes in at fifth. I would really like to see these two both make it to the TV table.

But speaking of the WPT Championship, who in the hell dreamed up this payout schedule? Last year, 343 people entered the event and 50 were paid, with first getting $2.7 million. This year, there are 452 players, so you would expect a huge increase for the winner, right? Hell, no. First only gets $2.8 million. I realize that's not chump change, but 3.7 percent increase when the field is 33 percent bigger? When there's an additional $2.5 million in the prize pool? That's ridiculous!

You might be wondering where all the extra money in the prize pool is going. Well, they decided to double the number of payouts this year, meaning 100 people finish in the money. I don't think would be alone in thinking that paying more than one in every five entrants is too much, and that it is unfair to the top finishers.

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