Joined: Jan '14
Location: Netherlands
Age: 34 (M)
Posts: 508
(I know, this is a big text but please read it all: )
It was a silent thursday pokernight, a freeroll on DP was just started. I went to the lobby of it and clicked the button "take my seat", and that's where this (great?) idea came from. I changed the word "take" and thought that this could be something new for the whole (online or maybe in the future live too) pokerworld! It's called...: (drumroll)
"Sell my seat", it means that you can sell your seat for less or more than your original buy-in. You know when you know you can play well in the beginning of a tournament but the way to the (big) money is very dangerous you can sell your seat. You could use it too when you're losing but don't want to lose your whole buy-in.
I think there are some people who would do that, if they want to buy-in lower than usual and begin in a middle stage of a tournament with a low chip stack. What you pay is of course for the player whose seat is sold. This way the prizepool will keep the same and nly players can buy-in lower or higher. Though I think it will only work in mtt's of approximately >100 players
You can let a computer compute the value by comparing it with the beginning chip stack or let the potential buyers bid on the seat. This way it really looks a bit like the shareholding system!
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
Hello all the wonderful mobsters out there, this is your friend flashfaust01 from Japan, somewhere in Asia writing to you, wish a good day to each and everyone of you:
I am very happy to be a part of such a great community, wish you the best of luck at the tables, off the tables, behind the tables, under the tables and in your life in general. Yours truly flashfaust01.
Joined: Jan '14
Location: Netherlands
Age: 34 (M)
Posts: 508
Posted by pochui: Hello all the wonderful mobsters out there, this is your friend flashfaust01 from Japan, somewhere in Asia writing to you, wish a good day to each and everyone of you:
I am very happy to be a part of such a great community, wish you the best of luck at the tables, off the tables, behind the tables, under the tables and in your life in general. Yours truly flashfaust01.
Please not here... I'm sorry but please keep the wisdom inside the bullsh1t place
Joined: Feb '14
Location: United Kingdom
Age: 52 (M)
Posts: 243
Posted by DDPascalDD: ld! It's called...: (drumroll)
.. they want to buy-in lower than usual and begin in a middle stage of a tournament with a low chip stack.
What do you think: will it work or not?
Isn't that just like buying in late in a rebuy tournie? You pay only once and you start short stacked.. Or going hell for leather early on with lots of rebuys. Your chip stack will be higher because you have played looser, but it has cost you more $$ because you ave had to rebuy a few times..
As for selling your seat on later in the tourny - that sounds like you could be a crap lucky All in Donk for the 1st half of the tourny and sell your seat on to the better players later? I personally don't like it. It will encourage even more random shoving early tournament (for lower buy ins I admit). I do not know.. Good idea though - I personally do not think it is needed or something I would get involved in.... Sounds like deal making at final table - that sort of thing.
Basically - if you don't want to loose your stake - don't play. Just my honest opinion - which is why I assumed you shared this here.
Joined: Jan '14
Location: Netherlands
Age: 34 (M)
Posts: 508
Posted by Drawacard:
Posted by DDPascalDD: ld! It's called...: (drumroll)
.. they want to buy-in lower than usual and begin in a middle stage of a tournament with a low chip stack.
What do you think: will it work or not?
Isn't that just like buying in late in a rebuy tournie? You pay only once and you start short stacked.. Or going hell for leather early on with lots of rebuys. Your chip stack will be higher because you have played looser, but it has cost you more $$ because you ave had to rebuy a few times..
As for selling your seat on later in the tourny - that sounds like you could be a crap lucky All in Donk for the 1st half of the tourny and sell your seat on to the better players later? I personally don't like it. It will encourage even more random shoving early tournament (for lower buy ins I admit). I do not know.. Good idea though - I personally do not think it is needed or something I would get involved in.... Sounds like deal making at final table - that sort of thing.
Basically - if you don't want to loose your stake - don't play. Just my honest opinion - which is why I assumed you shared this here.
Yeah I know, it makes low buy-ins indeed very donky. Though I think rebuying is something different. Further, you don't have to use it but I understand your opinion!
Joined: Feb '08
Location: United Kingdom
Age: 35 (M)
Posts: 1886
I quite like the idea but don't really think it would really work. It's similar to the cash-out format but with the awkward issue of bartering with new players thrown in the mix. I think it sounds a bit complicated for the industry leaders to add without much for themselves to gain.
But I like the idea. It wouldn't really encourage players to gamble to sell their seats since they could effectively play cash and get the same result. But it would allow players who start playing a tournament and run out of time to get some money back. And give players a chance to miss out the early stages of mtts if they would rather buy-in really late, without ruining the game for everyone else (as would happen with unlimited late rebuys) since the chip count stays the same.
But I presume talking about the merits of this idea is a little pointless since no one here knows anyone in the industry who has the capabilities of adding this function to the online game.
Posted by Drawacard: As for selling your seat on later in the tourny - that sounds like you could be a crap lucky All in Donk for the 1st half of the tourny and sell your seat on to the better players later? I personally don't like it. It will encourage even more random shoving early tournament (for lower buy ins I admit).
Random shoving is already an issue to be dealt with, since anything under 3-6 dollars players usually play like its a free.roll. But selling your seat at any point in a tourey is equivalent with playing only for the minimum cash. Theres plenty of people who have got some of the chops, but they keep playing for arriving ITM only. They think the minimum cash is a nice profit for playing three hours. They would probably use this option every time.
I think it's a clever idea. Why not? Your chip stack has value, so why should you not be allowed to sell it?
I doubt that any site would be in a hurry to implement it, but it might increase traffic, because more people would play MTTs (no more time constraints, you can tailor fit the buyin you want to pay, since multiple buyins for the same MTT would be available soon after it has started, you can start a new MTT after finishing a previous one, without worrying about being short stacked due to late registration etc...).
Obviously it should work just like moving players between tables, so it's not like the same avatar/username is now suddenly someone else entirely...
I'm not sure if the balance between sellers and buyers would be there though... I like the idea, and may well use it on occasion, if it were to become available.
Joined: Feb '12
Location: Canada
Age: 64 (M)
Posts: 6036
Yep,....could be a good idea,...although, as previously mentioned,...if there's not much in it for them,...they probably wouldn't go to all the bother...
....BUT,...just having that option available might BE a draw to the site in itself...!
Why don't you message some sites and share your idea...?
Joined: Jan '14
Location: Netherlands
Age: 34 (M)
Posts: 508
There is a solution to the problem: the pokersites don't earn anything so they won't take a lot of time to make and use the option. A fee can be inserted, you just pay a few % "tax" above what you buy. With this "tax" thing I think people will still use it, because you kind of pay that tax for the advantage of playing later and with a chipstack you want!
Joined: May '13
Location: Mauritius
Age: 32 (M)
Posts: 2688
Yeah it looks like a good idea by reading your post, it just looks like cashout in sports betting though in betting the bookie that provide the cashout is winning , or you can lay the bet for more profit but more work. Cheers I would gladly take my share of profit in poker if needed but if many people do that. then there might be abuse and some collusion play. And it would ruins competition!
Joined: Jun '13
Location: Canada
Age: 80 (M)
Posts: 3700
Poker sites make their money with the rake why would they accept someone yo sell is seat even if they would collect a lower rake.If someone is on the site to play he will enter a tournament and pay the full rake.
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
yeah idea is a welcome one- i played a few cash-out tourneys long time ago at full tilt (dunno if they still offer these) and this idea has some advantages... i just wonder is it really hard to implement this idea as a program feature? i think you should contact a few poker rooms with the idea and see their response- i support the idea
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Posted by DDPascalDD:
Posted by pochui: Hello all the wonderful mobsters out there, this is your friend flashfaust01 from Japan, somewhere in Asia writing to you, wish a good day to each and everyone of you:
I am very happy to be a part of such a great community, wish you the best of luck at the tables, off the tables, behind the tables, under the tables and in your life in general. Yours truly flashfaust01.
Please not here... I'm sorry but please keep the wisdom inside the bullsh1t place
Joined: Apr '11
Location: Romania
Age: 35 (M)
Posts: 6669
It's an indea but i do not think it can be implemented, the logistic is hard to make. You basically say that compared to rebuy mtt, players can buy your stack...
Too bad we do not have site reps here on the forum to listen to new ideas so i'm not sure your idea can reach the people that matter.
Joined: Jan '14
Location: Netherlands
Age: 34 (M)
Posts: 508
Really thanks for all yoour comments, the most are positive and I just want to give it a try... Which pokersite should I contact? A big site like PS or rather a small one like DP where I'm playing at currently?
I would definitely sell my tickets to 10$ tournaments, because I feel I can win more and with lower risk that I lose all if I play more lower buy in tournaments instead of one big buy in one.
Joined: Mar '11
Location: United Kingdom
Age: 55 (M)
Posts: 7371
I am not sure that anybody would want to buy my seat after a few levels the way i have been playing lately!! I dont think that this is a bad idea and sometimes when i have been running deep in a tourney, it would be nice to have a cash out opportunity
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
well if i were you pascal i would contact quite a few sites- you never know what to expect from them, it's like asking for a loan at the bank: sometimes you have to go through several banks before you get a "yes". it doesn't cost extra to send your e-mail to a bunch of sites at once and i would do just that.
Posted by pochui: well if i were you pascal i would contact quite a few sites- you never know what to expect from them, it's like asking for a loan at the bank: sometimes you have to go through several banks before you get a "yes". it doesn't cost extra to send your e-mail to a bunch of sites at once and i would do just that.
update us how it went.
Of course, why not. Worst case scenario they just ban him everywhere. For harassment. Or they just implement his ideas without crediting him (or paying). As corporations used to do.
