Yesterday we brought you the first installment of Full Tilt Poker’s relaunch plan for tournaments, with analysis. Today, as we continued Full Tilt Poker Week, we brought the second installment and here is our Poker Consultants analysis below.
We have to say, it’s a bit of mixed bag this. On the one hand they will look to eradicate the issues that vex most European players; namely changing the start time and addressing the sheer, agonising length of their headline tournaments, and yet, on the other hand they appear to taking a big risk by converting their flagships into cash out tourneys.
FTP Multi Time Tournaments
As is mentioned in the article, when looking to take a shot one of the big Sunday majors, the prospect of a grueling slog can be very off-putting for many, particularly those that have work the next day. With this in mind, running the headliners at euro-friendly times is, obviously, a no-brainer and should ensure maximum participation, however, the most intriguing development is that headline tournaments will be paused at a given time and all remaining players will be given the option to cash out a percentage of the prize pool proportional to their chip stack. Those that choose not to cash out will resume play the next day for the remainder of the prize pool.
The tournaments have the potential to work as long as they are applied correctly to the player base. If a player from any given time zone had a tournament aimed at them, as Ongame provide, that could pause at 2 or 3 AM their time if it entered a 2nd day this could prove popular.
If the tournaments haven’t reached the final table by that kind of time it should just pause and return the next day. Players on the final table will already be set for a decent cash so could probably survive a day at work with bleary eyes and a smile on their face.
Cashing in by cashing out
Our Poker Consultants think that presumably those that do cash out will be offered a smaller percentage than their actual chip equity in the prize pool, so quite how this negative equity will be perceived by the mass market is a bit of an unknown. We suspect the chance to take your money and run, if you are an inexperienced player in a good spot at the time of the pause, could be quite appealing.
Even the chance to come back the next night and play the business end of a big tournament refreshed and focused could help the more inexperienced players convert a large chip stack into a win. But for experienced and pro players this will be less appealing, firstly because of the amount of potentially ‘dead money’ this will remove from the final prize pool, and secondly the fact that pausing a tournament at a given point can spoil any rush you might be on.
Doing a Sorel Mizzi
There is also a fraud aspect to consider here, as analyzed by our online Poker Consultants specialising in Fraud and Security. Inherent in a 2-day online tournament is, of course, the potential for multi-accounting abuses. For example, Player A could play Day 1 and Player B, who may be a much better player, could play out the remainder of the tournament. Looking at IP addresses would go some way to policing this, but how you would detect this should they play from the same IP on consecutive nights is a different matter. You could look at playing patterns and determine that the play is from two different players, however, if you are going to seize players funds of the basis of playing patterns, you’d better have a pretty damn good case.
Click on the link for all pokerQ4’s posts on the Full Tilt Poker relaunch or follow @pokerQ4news on Twitter and watch out for #FTPrelaunch