60 Million Dollar Live Tourney on Fox Sports Network

[Favre[4]]

Its the 13th who is in?

[BDMK]

well first they need to launch their site in jan 2006, then we'll have to look what the satellite options are...etc etc.

worth at least taking a look IMHO.

[Robbie Robb]

Well, PokerNews is reporting that it's all but confirmed that Phil Ivey is one of the people. But the release said the first person would be someone with multiple bracelets - has Ivey got any yet?

The guy at FSN states that it'll take a couple months to pull the people together. There was also talk in the Poker News write-up that there will be at least a couple spots open to internet players. I'm sorry, I just can't see that. There's no way you're going to get 4 players (and their backers) to put up $10M each to end up going against two nobodies that win there way there and have absolutely NOTHING to lose for a shot at winning $60M. I think you'll see the first one made up of 6 professionals who have bought in for 10 mil apiece in a winner-take-all slugfest.

[Gordogg]

I believe Ivey has five bracelets.

[BDMK]

well, i think THAT will just make it all the more fun. 2 satellited/freerolled 'amateurs' with nothing to lose against 4 grizzled pros fully bankrolled in.

IMHO the respective pros/cons-advantages/disadvantages kind of roughly cancel each other out.

the amateurs have no money pressure but nothing near the experience the pros have.

it will definitely make for great poker on TV and anything that helps promote good poker is something im in favor of.

[Talking Poker]

How can you say there is no money pressure on the amateurs? They are the ones not used to playing for NEAR these stakes, and the difference between winning this and losing is HUGE - we are talking major life changing money here. If Phil Ivey loses, it's not going to break him. It's probably not even life changing money for him - At least not significantly life changing.

[BDMK]

my point before was that the amateurs would have freerolled/qualified for peanuts compared to the 10M entry fee for the pros, hence they wouldnt fret about losing 10M which they never had in the first place.

however, the point ur making now is also a good one. playing to win a chunk of 60M will def make any amateur nervous as hell.

one additional issue in favor of the pros IMHO is that fact that many of them have been known to win or lose literally tens of millions in the big cash games they regularly play. so to them, this might be yet another 'big one' at the bellagio, in a sense...

so, its even more of an 'even field' nervousness-wise than we discussed before.

[Talking Poker]

I understand what you are saying, but I still disagree. The pros will have a HUGE advantage, being used to these stakes, as you say. Any half decent poker player understands that once you've bought into a tourney, that money is gone. So whether it was your own cash or you satellited in doesn't matter. What matters is what you can potentially win, and I'm sure 60 MM is going to be pretty damn intimidating for anyone, but ESPECIALLY people who have never even seen a fraction of that in their lifetime.

Take the WSOP for example. If you got in on a freeroll, a $200 satellite, or paid the entire $10k - none of that matters. But when you're on the bubble and are looking at a difference between $0 and $15k, who's going to play better? The guy who got in for free? The guy who paid the entire $10k?

The answer is neither. The guy who's going to play better is the guy that is used to playing for that kind of money - the guy that doesn't CARE about the 10k.

The nervousness at this moment in time has to do with the prize money bubble, not the entry fee paid a week earlier.

[ChipFish]

$60,000,000?????
Anyone who doesn't think there will be a chop agreed on before it even starts is kidding themselves.