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Event concept

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I was thinking along these lines. Set up an event for say
10 X 9-man SnG's buy-in at $3.25. 1st place money would be around $15.00 meaning to be profitable you would have to win at least 2 and all of them would be great. But realistically you can expect to win 2-4 giving total winnings of between
$30 and $60 of which the investor gets maybe 5% per share.
Not a big payday.
But what if it was explained that if money enough was won in the first round of games to play say 3 more at a 2 or 3 dollar higher buy-in but maintaining at least the total staked amount of say $35.00( meaning everyone gets at least their stake back)
the higher buy-ins would be like a freeroll. If you win in those put some away to pay off and play 2 or 3 at the next 2 or 3 dollar higher stake and keep moving up till 2 games in a row are lost then quit. and pay off at what ever the accumulated amount may be.
Just always adding to the pay off each time you increase the buy-in. If you can't add to the total then you stop.

What do you guys think of an idea like that?

08-31-2009 15:43

jaldy (User Offline) Wrote 162 posts
since 08-05-2008

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2

You're talking about snowballing. I've done this before on my own. You have to make the guidelines very clear in your listing.

{a-Hearts}{a-Spades}Just another KITNs. You'll get used to them.{a-Diamonds}{a-Clubs}

08-31-2009 17:36

davega (User Offline) Wrote 1719 posts
since 04-28-2007

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