League Rules/Signup (Summary)

[BlibbityBlabbity]

So this is the official summary. This will be the official rules and signup list. I will keep this updated with the current rules if there are any changes.

___________________________________

RULES:

So far the league setup that seems to have the most support and has the most liklyhood to come off well is as follows...

1) 10 events
2) Each event has a buyin and there for a prize pool. ($10+$1 is the minimum byin for a private event at PokerStars and that seems to be where everyone wants to play.) These will be normal tourneys with standard PokerStars payouts.
3) Each player also puts in a League entry fee. (This goes to TP via Pokerstars transfer prior to first event).
4) Winner of each league event is awarded points based on their place in the event (see points distribution list below).
5) Overall point leaders at the end on the 10 league events will be awarded portions of the prioze pool (percentages as shown in League Payouts list below).

____________________________

LEAGUE PAYOUTS (UPDATED):

Based on overall points total from top 6 events

1st - 40% - $80
2nd - 30% - $60
3rd - 20% - $40
4th - 10% - $20

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POINTS DISTRIBUTION FOR INDIVIDUAL EVENTS (NEW)

--Your best 6 events count toward the overall total

--Number of points in play will be {number of players x 10}

--number of payout spots (splitting up the points) will be determinted as follows:

3-4 players
1st - 60%
2nd - 40%

5-8 Players
1st - 50%
2nd - 30%
3rd - 20%

9-10 Players
1st - 50%
2nd - 25%
3rd - 15%
4th - 10%

11-20 Players
1st - 40%
2nd - 25%
3rd - 15%
4th - 10%
5th - 6%
6th - 4%

20+ Players
1st - 35%
2nd - 25%
3rd - 15%
4th - 10%
5th - 6%
6th - 4%
7th - 3%
8th - 2%

3-4 player senarios are in there just in case, but I don't think we should eeven play an event if it is less than 5 handed. Is it possible to set that in when setting up the tourney TP?

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SCHEDULE (UPDATED)

Thursday 1/19/06 9:30 PM EST Password: tpfleague1
Sunday 1/22/06 9:30 PM EST Password: tpfleague2
Wednesday 1/25/06 9:30 PM EST Password: tpfleague3
Sunday 1/29/06 9:30 PM EST
Wednesday 2/1/06 9:30 PM EST
Saturday 2/4/06 12:00 PM (noon) EST
Tuesday 2/7/06 9:30 PM EST
Sunday 2/12/06 9:30 PM EST
Thursday 2/16/06 9:30 PM EST
Sunday 2/19/06 9:30 PM EST

______________________________

SIGNUP LIST:

Here is the list of those who have expressed interest in the league...
18 Confirmed

20 paid=$200 Prize Pool
TalkingPoker
jillaj
Govman6767
BlibbityBlabbity
thrash1294
pshabi
JDMcNugent7
Mayhem45
Gordogg
jimmym
drewjax
studiopet
Zybomb
RobbieRobb
lightfungus
Tony Cheval
ChipFish
MathBabe
bigjohnstud2o
Hawt


Akverno
Mikesizl

BrianSWA
jaeh00d
420Smurf
BDMK
chrisash
olysports

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So to answer the ineveitable question of "How much is this going to cost me"....

League entry fee: $10 payable to 'TalkingPoker' on PokerStars

Individual event buyins: $10+$1 (minimum at PokerStars), BUT, you don't HAVE to play in them all if you choose not to. Only the top 6 point scores will count.

As far as the passwords, if someone enters that is not a member of the league they WILL generate points (their play will add 10 points up for grabs in that event) but at the end they will be removed from the calculation for placings and WILL NOT recieve any points toward the prize pool.

[Talking Poker]

I'm not entirely sure I fully understand this, but I think I get it enough to say that I am definitely in. So, consider me a confirmed signup with Rogue23 transferring his entry fee to 'TalkingPoker' on Poker Stars, just as soon as we decide what said entry fee will be.

Nice job with this. Consdiering all the input that was flying around, I'm glad to see something semi-concrete (and reasonable sounding) come out of it all. I'll sticky this thread if it isn't already.

[BlibbityBlabbity]

Funny, paying himself

I think this is figured out enough to keep all further questions and discussion (unless there are other polls needed later) in this one thread. I was following it and I was having a hard time keeping tabs on all those other threads.

I will bold names as they are confirmed on the list above.

[lightfungus]

Im interested, I dont know if this is the right place for me saying this but count me in.

[drewjax]

I'm in.
Random thoughts.
1. I would lean towards the higher end for league fee ($10). Would allow the most prize money/overlay.
2. I would like to see the final tourney changed a bit. I think it should be another $10+1. Reason being that this again would allow the most prize money for league leaders. Getting the buy-in to final if you win one is great, but I think there should be more than $30 or $40 for the top point leaders after the 10 tourneys. For instance if we were to have 25 players/$250, I think it would be better to have ten $11 buy-ins, and $140 distributed between top 3 or 4 point leaders, than ten $22 buy-ins and $30 for point leaders. This would really benefit the better overall players, and those that play the most and support the forum etc.
3. I would actually rather see the final tourney restricted. This would be like our own TOC! A 14/16 person tourney, with all 10 winners and top 4/6 point leaders among non-winners getting in. It would be a great reward to have this 'freeroll' for the winners and most consistent players, without anyone coming in and playing like a maniac and taking it down. It would really be for tons of bragging rights as well. If there were one or two new forum members who didnt register for league but wanted to play in final tourney, I would rather see them rail this tourney, and look forward to playing in the next league etc. Even if there were those who wanted to join league late, we could simply let them in. If they pay the $ to join, and would like to try to qualify for TOC in fewer tourneys, that would be no big deal.

These are just my opinions of course, but I think this will be great either way.

[drewjax]

[QUOTE

Thursday 1/19/06 9:30 PM EST
Sunday 1/22/06 9:30 PM EST
Monday 1/23/06 9:30 PM EST
Saturday 1/28/06 12:00 PM (noon) EST
Thursday 2/2/06 9:30 PM EST
Sunday 2/5/06 9:30 PM EST
Wednesday 2/8/06 9:30 PM EST
Saturday 2/11/06 12:00 PM (noon) EST
Tuesday 2/14/06 9:30 PM EST
Sunday 2/19/06 9:30 PM EST
MAIN EVENT: Wednesday 2/22/06 9:30 PM EST
______________________________

Also, BB, looking at the schedule I would think that back to back nights might not be the best. Maybe have the week we have a Monday tourney, after a Saturday tourney. And without looking I think Feb. 5 might be
Super Bowl Sunday. Maybe Saturday is best that weekend as well.
Thanks for doing the legwork for this, looking forward to it!!

[BlibbityBlabbity]

1) personally, I agree, if all the tourneys are $11 buyins, $10 for the league free really isn't out of whack.
2) I think this is something we can decide on when we know how many people we have (how much prize money we have to work with). I like your suggestion though.
3) The idea behind it being an open event worked better when I was thinking it might be a $40-$50 buyin where it would be a signifigant cost for those that didn't qualify adding value to the free entry that the qualifyers won. If it is another $10+$1 main event, this is perhaps not the greatest idea. Perhaps we could hold off on manking it an open event till the entry could be higher (say when we have 60+ people in the league we could have a $40+$4 entry Main Event and still have $160 left over for the top 3 point leaders). Then having additional entrants would be a bonus to the players that qualified for $11.

I don't "think" there is any reason someone could not join late in this setup.

[BrianSwa]

Great job BB in sumerizeing everything in this thread.

[Hawt]

Great work to all who helped put this together and get it organized. Like TP said, there was a lot of clutter surrounding this whole ordeal but it has come together quite nicely.

[thrash1294]

I'M in
I should make most of the night games

[jimmym]

Good Work Guys.



Should be a good league if all enter.

[studiopet]

Count me in on the league as well. I should be dead money based on the past couple of days on PS.

[rookette22]

To be honest here; don't think I can afford being in this league.
Secondly, I definitely need more practice before joining a league; heck I'm not even able to get 1st place in a play money tourney lol! I seem to be playing better in Omaha hi/lo than Holdem right now. From what I've seen so far, you guys are great holdem players, I'm nothing compared to all of you.

But not giving up, I'm gonna stay in this forum; getting good advice and tips from all of you guys ofcourse;and practice, practice, practice; and when I better my game, I'll come join you guys. Till then, I'll be in the cheering section ok ?

[BlibbityBlabbity]

No Problem, I will hold you to the cheering offer

[BrianSwa]

can we get her one of those skimpy Talking Poker cheerleading outfits?

[Talking Poker]

This may be the single best idea you have ever hand. Come to think of it, this may be the ONLY good idea you have ever had.

(Cut me some slack - I haven't gotten a nice Brian dig in yet today).

[BrianSwa]

had lots of great ideas you just too busy yelling at me to listen

but guess your entitled to your Brian dig.

[Zybomb]

I think Im pretty sure I have an idea whats goin on here


So Im in

[jillaj]

I am in.

[drewjax]

Ya either would work. Basically if we open it up to anyone, the league would work like a 'series' with a main event. If we keep it restricted, it would work more as a Tournament of Champions at the end.
We COULD do both. We could have say 9 regular tourneys, a 20+2 open main event, and a TOC. Maybe?

[Talking Poker]

So, what's the status of this. There has been no activity in this thread for a week. Does it need to still be a sticky? Are we still waiting on something, or can we go ahead and finalize the details, start the league fee money transfers, and have me start setting up all the tourneys?

[BlibbityBlabbity]

I was still hoping to get a few more people into this (we currently have 15 signed up). For anyone who is interested and whose name is NOT in bold at the end of the fiorst post in this thread just post here and I will add you to the list.

I would suggest keeping this stickied for another week if we could and then we can take it down until it gets closer for late signups (re-sticky it in early January).

As far as payments, I think we can hold off till it gets closer.

For the schedule I think we need to go through it and make sure there are not any conflicts (two days in a row, Super Bowl were mentioned earlier). I haven't had a chance to do this yet, but I will unless someone else wants to.

[Talking Poker]

Of the 15 names signed up, two are studiopets and one is a Hawt. My guess is we really only have 13 people. Max. We'll know for sure when it comes time for people to pay.

[HEwong]

im interested. also.

[FatRufus]

Hewong, you told me you had no money cuz you got cheated? If you've had money and took the 100k thats low but i hope you didn't you seem like a good guy