Stolen from Pokernews.com
Link to original article
There a few more quotes etc on the link above but I think the above are the most important parts.
Personally I thinks its an interesting concept and could reinvigorate a lot of events. I would have concerns about tracking software etc but in general I really like it.
Would be interesting to hear IPB's opinions.
Link to original article
Originally posted by Pokernews
As the name suggests, Multi Prize Pool poker sees multiple — read that as three — prize pools played for during a single tournament. This allows for increased guarantees, creates three bubbles and a number of different dynamics that will, no doubt, spice up the action. So how does MPP work? Keep reading and all should become clear.
Each MPP tournament offers three buy-in levels, which creates three prize pools. If the buy-ins were £25/£50/£100 players could choose to buy into the prize pool 1, prize pool 2 or prize pool 3. In this example, prize pool 1 is the default prize pool and the first £25 from any buy in goes into this prize pool. Any player buying into prize pool 2 (£50) will first have £25 invested in prize pool 1 and £25 invested in prize pool 2. Finally, any player buying into prize pool 3 will have £25 invested in the first prize pool, £25 in the second prize pool and £50 invested in prize pool 3.
The graphic below, originally posted on Blonde Poker, gives a good example of the concept in action.
All players start with the same starting stack as they are competing in the same tournament, it is only the payouts that are different to a standard tournament.
If a player buys into the lowest buy-in they can only win money from the prize pool they have bought into , so a player who bought into prize pool 1 (£25 in our example) and went onto to win the tournament would win the first place prize from prize pool 1. However, if the tournament’s overall winner had bought into prize pool 2 (£50 in our example), they would win the first place prize from both prize pool 1 and prize pool 2! Completing our example, a player who bought into prize pool 3 (£100 in our example) and went onto win the tournament would walk away with the first place prize from all three prize pools! Basically, players can win money from their own buy in level and any that are lower too!
This exciting new format has a wide range of benefits and I think the poker community will welcome it with open arms. The concept not only allows players with small bankrolls the chance to play in a single tournament with huge guarantees, it also allows players with smaller bankrolls play in tournaments where their idols are competing. Many poker players wish they could sit down at the felt with the likes of Romanello but to do so they would have to buy into tournaments with a buy-in of £500, £1,000 or even £5,000. With MPP poker they will be able to rub shoulders with their heroes for a much smaller investment.
It is not only recreational players who benefit from this either, MPP improves the game for everyone. Players who can afford to buy into the larger buy-in prize pools benefit from having larger guarantees to play for. Also,the fields will be weaker due to the increased number of lower buy-in players and with it being possible to cash or win their respective prize pools without having to actually cash in the tournament, they can be freerolling on the prize pool 1!
Each MPP tournament offers three buy-in levels, which creates three prize pools. If the buy-ins were £25/£50/£100 players could choose to buy into the prize pool 1, prize pool 2 or prize pool 3. In this example, prize pool 1 is the default prize pool and the first £25 from any buy in goes into this prize pool. Any player buying into prize pool 2 (£50) will first have £25 invested in prize pool 1 and £25 invested in prize pool 2. Finally, any player buying into prize pool 3 will have £25 invested in the first prize pool, £25 in the second prize pool and £50 invested in prize pool 3.
The graphic below, originally posted on Blonde Poker, gives a good example of the concept in action.
All players start with the same starting stack as they are competing in the same tournament, it is only the payouts that are different to a standard tournament.
If a player buys into the lowest buy-in they can only win money from the prize pool they have bought into , so a player who bought into prize pool 1 (£25 in our example) and went onto to win the tournament would win the first place prize from prize pool 1. However, if the tournament’s overall winner had bought into prize pool 2 (£50 in our example), they would win the first place prize from both prize pool 1 and prize pool 2! Completing our example, a player who bought into prize pool 3 (£100 in our example) and went onto win the tournament would walk away with the first place prize from all three prize pools! Basically, players can win money from their own buy in level and any that are lower too!
This exciting new format has a wide range of benefits and I think the poker community will welcome it with open arms. The concept not only allows players with small bankrolls the chance to play in a single tournament with huge guarantees, it also allows players with smaller bankrolls play in tournaments where their idols are competing. Many poker players wish they could sit down at the felt with the likes of Romanello but to do so they would have to buy into tournaments with a buy-in of £500, £1,000 or even £5,000. With MPP poker they will be able to rub shoulders with their heroes for a much smaller investment.
It is not only recreational players who benefit from this either, MPP improves the game for everyone. Players who can afford to buy into the larger buy-in prize pools benefit from having larger guarantees to play for. Also,the fields will be weaker due to the increased number of lower buy-in players and with it being possible to cash or win their respective prize pools without having to actually cash in the tournament, they can be freerolling on the prize pool 1!
Personally I thinks its an interesting concept and could reinvigorate a lot of events. I would have concerns about tracking software etc but in general I really like it.
Would be interesting to hear IPB's opinions.
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