Topic: PP monster seats worth > $150 ?

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Posted at October 11, 2006, 4:02 pm:

Has anyone taken a good look at the values of the party poker monster tournament seats?

If my calc's are right, it looks like they are worth a good penny:

with approximately 5000 people entering the weeklys,

weekly seat value = $100,000 / 5000 + (2/5 chance) * monthly seat value

monthly seat value = $1,000,000 / 8000 + (1/8 chance) * online final seat value

the value of the online final seat is not clearly stated, but we would assume that the $14,000,000 jackpot is being paid out to the 8000 players, so

online final seat value = $14,000,000 / 8000 + (6/8000 chance) * offline final seat value

there is no hint at what the offline final is about

in any case, this looks like a weekly seat is worth about

$20 + (2/5) * ( $125 + ( 1/8 ) * $1750) )

= $20 + (2/5) * ( $125 + $218 )

= $20 + $137.5

= $157.5

and the $6, 10-handed SnG's are paying one $157 seat to 1st place

MikeO at twoplustwo stated party would reimburse players with freeroll tickets according to the expected value of the tournament as well as that of the subsequent tournaments. that is, when G.W.B signs in the new law and the promotion must be halted

sounds good to me.... should i not be spending the next several days 4-tabling $6 monster SnGs, like a maniac?

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