2011 WSOP Satellite To The MAIN EVENT (in Bolton) DEEPSTACK
Details
START TIME 1pm
This is a satellite for The 2011 World Series of Poker MAIN EVENT
MINIMUM of 20 players needed to send someone to The 2011 WSOP Main Event. If we do not get 20 players to send someone to The Main Event, then we will send someone to a $5,000 WSOP Event.
Here is your chance to go to The 2011 World Series of Poker in Las Vegas and play in The MAIN EVENT for $500 US Dollars
Rules for this tournament; The usual rules that we have been following for all Orangeville Poker Tour Events in addition to the following;
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Tournament is in US Dollars since you are winning your buyin into a US Tournament.
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The goal is to get 22 players to be able to give away a $10,000 seat plus $1000 for expenses. This can be adjusted depending on how many players show up.
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The following payout structure is based on 22 players (we need 20 players minimum) 1st - $10,000 seat in The WSOP Main Event plus $1,000 for travel expenses, the rest of the payout structure will be dictated by how many players come out, with 23 players 3rd place will get $500.
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This is an equity tournament. Any winnings (only that after 30% tax is taken. $5000 and up usually gets taxed) from the WSOP tournament will be divided amongst the players that were in that particular satellite tournament. 85% to the winning player in the WSOP, the remaining 15% divided evenly amongst the players from that satellite tournament.
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All players will sign a contract at the beginning of the satellite tourney in attendance agreeing to these terms.
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If we do not get enough players to award a Main Event seat, we will award either a $2500 or $5000 seat, whichever is the greater come game day.
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$2,500 Event #26 No Limit Hold'em 6 Handed, Wednesday June 15, 2011
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$2,500 Event #36 No Limit Hold'em, Tuesday June 21, 2011
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$5,000 Event #4 No Limit Hold'em, Thursday June 2, 2011
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$5,000 Event #40 No Limit Hold'em 6 Handed, Thursday June 23, 2011
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$10,000 Event #58 No Limit Hold'em Championship, Thursday July 7, 2011
Tournament starts at 1:00pm, doors open at 12:30pm
Starting Chips: 10,000
Buy-In: $500 USD
With this structure this tournament will have a 6 out of 6 Skill Level and a Patience Factor of 21.64
Prize Pool: (20 players)
1st - $10,000 Buy In to The 2011 WSOP Main Event
Prize Pool: (21 players)
1st - $10,000 Buy In to The 2011 WSOP Main Event + $500 to use towards flight and accomadations
Prize Pool: (22 players)
1st - $10,000 Buy In to The 2011 WSOP Main Event + $1000 to use towards flight and accomadations
(23 players)
1st - $10,000 Buy In to The 2011 WSOP Main Event + $1000 to use towards flight and accomadations
2nd - $500
Blind Levels: 30 minutes and follows WSOP format for intermediate tournaments with each level.
Level 1 = 25 - 50
Level 2 = 50 - 100
Level 3 = 75 - 150
Level 4 = 100 - 200
10 mins Break
Level 5 = 100 - 200; 25ante
Level 6 = 150 - 300; 25ante
Level 7 = 200 - 400; 50ante
Level 8 = 250 - 500; 50ante
Level 9 = 300 - 600; 75ante
30 mins Dinner Break - CHIP RACE (25 Chips)
Level 10 = 400 - 800; 100ante
Level 11 = 500 - 1,000; 100ante
Level 12 = 600 - 1,200; 200ante
Level 13 = 800 - 1,600; 200ante
10 mins Break
Level 14 = 1,000 - 2,000; 300ante
Level 15 = 1,200 - 2,400; 400ante
Level 16 = 1,500 - 3,000; 500ante
Level 17 = 2,000 - 4,000; 500ante
10 mins Break - CHIP RACE (100 Chips)
Level 18 = 2,500 - 5,000; 500ante
Level 19 = 3,000 - 6,000; 1,000ante
Level 20 = 4,000 - 8,000; 1,000ante
Level 21 = 5,000 - 10,000; 1,000ante
10 mins Break - CHIP RACE (500 Chips)
Level 22 = 6,000 - 12,000; 2,000ante
Level 23 = 8,000 - 16,000; 2,000ante
Level 24 = 10,000 - 20,000; 3,000ante
Level 25 = 12,000 - 24,000; 4,000ante
10 mins Break - CHIP RACE (1,000 Chips)
Usually a 1-2 no limit cash game starts once enough players are eliminated from the Tournament
As Always this is BYOB, I will supply some snacks and some pop.