Ok I'll give these a shot and use the point "payout" method as I described it in the post. (As I said, I'm working on tweaking it right now.) Let's say you play in 6 - $50 satellites with 10 players each. Assume a 50/30/20 payout. You finish With one win, one 2nd and one third and 3 out of the moneys.....
If I win a bunch (or place) in a bunch of the of the satellites where am I in chip count when it comes to the final shootout?
First: You'd get 100 "payout" points and 20 "participation" points (plus $150 cash). Net 120 points
Second: You'd get 60 "payout" points and 20 "participation" points (plus $90 cash). Net 80 points.
Third: You'd get 40 "payout" points and 20 "participation points (plus $60 cash). Net 60 points.
If I play in a bunch and don't do so well, say average, where am I in chip count?
You'd get 20 "participation" points for each out of the money finish . 3 no-pays = 60 points.
You'd have 300 points under this scenario. And a net cash flow of +0. You effectively earned 300 points for no money. This would translate to an extra 1500 in chips for the finale. You'd start the tourney with 2500 chips, about middle of the pack using the example in my post.
Here's how I'm coming up with the point values (in case that is troubling you):
10 players * $50 = $500. Using the 60/40 parameter, $300 goes to the satellite payouts and $200 goes to the finale kitty. ($20 per player)
The 20 points for participation comes from the $20 per player.
The 1st, 2nd, 3rd points come from the finale kitty amount: $200 = 200 points.
1st place pays 50% - 50% of 200 = 100
2nd place pays 30% -> 60 points
3rd place pays 20% -> 40 points
Every dollar contributed to the finale kitty generates 2 points. 1 point goes to particpation and the other point is awarded to the players in the money.
If I play a couple of the sats, and I want in on the booty for the big game, what are my pro's and con's and how can I improve my con's with cash?
Well there's not a lot on the "pro" side of this proposition (being severly behind the chip leaders) except that you still get to take a shot even if you didn't win any tourneys. That's where the points come into play.
If you are unsatisfied with your chip position, you can buy points @ $25/10 points (same rate as if you played in a satellite and lost). If you're $1000 chips behind the chip leader and you want to even things up a bit, you could shell out $500 and even things up - just as if you had played in 10 more satellites and finished out of the money in all of them.
Finishing well in a sattllite is a big advantage - the reward for doing well in the tourneys. If this was a "winner's only" finale, you couldn't even take a shot at the big money with out winning one of the satellites. With this method, you at least get a crack at the big money, even if you're starting at a disadvantage. I'd rather have some shot than none.
And by the way, the 300 points you earned - it's more than someone could walk up and buy from scratch.
So under the scenario above: You spent $0, got in six fun nights of tourneys and have a decent position at making $700-$1000 in the finale. Anything wrong with that?
