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Author Topic: PokerStars launches Time Tourneys(Read 242 times)
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« on: October 19, 2011, 04:07:18 PM »

Time Tourneys: Play Fast, Win fast

Time Tourneys are a brand-new type of online poker tournament, where each one only runs for a set period of time. Then, when time is up, cash prizes are paid out according to the size of each player’s stack. If you like your poker action fast and exciting, then Time Tourneys are what you’ve been waiting for!

Here’s more about how Time Tourneys work:

    * Tournaments last for a set amount of time (min: 15 minutes, max: 180 minutes)
    * When the running time expires, finishing positions and prizes are awarded based on stack size
    * Available around the clock across a huge range of buy-ins, starting from only $1.

You can find Time Tourneys in the PokerStars software by going to the ‘Tourney’ tab and looking for tournaments marked with a stopwatch icon. You can also search for them by entering ‘Time’ into the Tourney Filter.

http://www.pokerstars.com/poker/promotions/time-tourneys/
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Author Topic: PokerStars launches Time Tourneys(Read 242 times)
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« Reply #1 on: October 20, 2011, 03:13:49 PM »

"TIME" as a deposit bonus code (before October 28th) gives you a free $5.50 "timed tournament" ticket, as long as your deposit is $30+.

Some of the timed tourneys are 180 minutes, some are as short as 30 (Turbo, obv.)


Got my "free" ticket and gonna watch a few that are nearly completed during the week, to see what kind of action to expect from the CLs and shorties in the final minutes. My guess it'll be similar to a Fifty50, where the mid-stacks will sit back and not risk getting a smaller payout, but the difference (vs. Fifty50) will be that the CLs will also be willing to call All-Ins a bit looser since if they win the tourney won't end (like a Fifty50 bubble bustout) thus there's less of a reason for them to keep the shorties alive while bullying the table's mid-stacks.

« Last Edit: October 20, 2011, 03:25:33 PM by DforDissent » Logged


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Author Topic: PokerStars launches Time Tourneys(Read 242 times)
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« Reply #2 on: October 20, 2011, 09:18:44 PM »

currently in a "timed" MTT -- 3x 10 minute levels (with my "free" $5.50 ticket)

with 9 minutes left I am 10th out of 126 (207 entries x 2500 chips = 517500 total)
Since I currently have 7400 = 1.43% of the $1035 pool... which is $14.80 payout (which SUCKS imo, since I have 1.5x the average stack of ~4100 and yet if tourney ended NOW I would get not even 3x my buyin? :sigh:

But even more WOW is this:
the CURRENT CL is 13k (!) = 2.5% of the chips in play... which means HE/SHE is worth $25.87, THAT IS IT!

yikes.

So it looks like this is more like a SnG or even a satellite, rather than a true MTT -- because so much of the pool is diluted to the micros who are holding on (seems like very few are "gambling" the final 5 minutes Sad )


Also seems a "rule of thumb" might be: at the end of a Timed Tournament, IF YOU HAVE ~"AVERAGE" stack then you will be paid ~ double your buyin... As I post this, we are at 29 minutes and there are 94 players left, avg=5505 = 1.06% = $10.97 (vs. 5.50 buyin)

NOTE: since your payout is based on [your chips / TOTAL chips] it actually DOES NOT MATTER if tons of people bust out all around you, unlike a satellite there is NO value in stalling... you're just letting others "chip up" Wink while you stay the same.

« Last Edit: October 20, 2011, 09:20:46 PM by DforDissent » Logged


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Author Topic: PokerStars launches Time Tourneys(Read 242 times)
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« Reply #3 on: October 20, 2011, 09:25:17 PM »

:crosses fingers: 6699 @ $150/300/30 level, I get AQs in the HJ and I open-shove with < 60 seconds remaining.


















... and ...























get a walk from all those now-very-obviously-nitted-up 3k..7k stacks at my table... so I go up to a final stack of 7389   Grin

which is, ironically, 1.43% of the prize pool. What I had 8 minutes ago.  Roll Eyes


Final payout $14.78 (see above Wink ) ... and I notice now that a few CL managed to get really lucky cuz TOPS won $60, followed by $36 31 28 27 25 25 22 20 19 for the Top10.

So I am actually pretty happy with a $15 payout considering I was 24th of the remaining 84 players! The *3rd place* finisher got barely "twice" what my payout was!


And surprisingly/disgustingly, there were 11 finishers who got LESS THAN $5.50 in return... they literally "folded to the money" -- to a LOSS!

Tournament ID #457447693 if you want to glance through the info yourself.
« Last Edit: October 20, 2011, 09:33:05 PM by DforDissent » Logged


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Author Topic: PokerStars launches Time Tourneys(Read 242 times)
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« Reply #4 on: October 20, 2011, 11:29:55 PM »

Well obviously the payout structure is going to suck compared to taking down a regular tourny. The big payouts occur at the FT, exponentially up to first. The chip leader would have over 100K in chips when it got to the FT, so I think you're paid reasonably for your 7K. To give some perspective taking down a 9 man SNG with a $5 buy in would give you $22.50.

GG though, sir.
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« Reply #5 on: October 21, 2011, 07:41:46 AM »

thx, and well said fletch.

with 517500 total chips, if all FT players had the same stack that would be 57500 each, and they would be worth $115 each. For my 7k to get there I would need to double up 4 times.

So yeah, not a bad result for 30 minutes of freerolling Wink



Essentially, this payout SUCKS vs. a "normal" mtt, but is comparable to a SnG in the sense where you can play it safe and not feel pressured to "build a stack" since you very much are NOT going for "first". If you build a monster stack, be happy, but don't feel like you've gotta use it to bully the other stacks -- because you really can not presume what the mindset is of all the middle stacks, let along the short stacks (unlike in a normal MTT, or a satellite, or on the bubble of a SnG).

Once you're maybe 10 minutes away from the end you can do some calculations of your stack vs. total chips and know approx. what your final payout will be if you just fold non-premiums. If you desire, and compare that to the top few chip leaders, and if there's a huge gap you might decide to gamble it up a bit, or (like in my situation) decide it's better to be happy with your current payout -- not really much to gain by doing a "doubleup or busto" gamble.

I realized afterwards that, because it's a 1:1 ratio of chips:payout, instead of you profiting from "folding up the payout ladder" you're not at all gonna consider ICM in your decisions. It's actually pretty much pure EV from what I can figure. So I think "ABC Poker" all the way, until the final 5 minutes where you might steal a few pots if your table is obviously super-nitted-up. From the beginning, like any MTT, there's plenty of bad players who will not let go of top pair bad kicker or will call PSBs OTF and OTT with their weak draws, from what I've seen, so you can chip up slowly that way, with a goal of staying at least average stack (for a double-your-buyin payout).

The final 5 minutes really depends on your table, like I said my table had no "bigger" stacks so I was 90% sure that my AQs shove would only be called by QQ+ and maybe AKs , so imo it was like adding almost 10% to my payout with virtually no risk. But at a "wild" table I woulda folded being that early a position, but woulda been playing a few more hands before that knowing how wide their ranges were. So in a way that final 5 minutes is like a typical MTT bubble pretty much.


I hope others who get a Timed Tournament ticket share their experiences and theories here as well!
« Last Edit: October 21, 2011, 07:47:30 AM by DforDissent » Logged


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Author Topic: PokerStars launches Time Tourneys(Read 242 times)
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« Reply #6 on: October 21, 2011, 10:31:25 AM »

Obviously since I'm located in the Union of Subjugated Americans, I won't get to take part.  But the concept is going to certainly create some interesting wrinkles.  Now keep in mind I haven't and probably never will play one, but this is what I see as noteworthy:

1. Depending on the structure of each, this might not be particularly appealing to the typical MTT specialist.  Obviously these guys are less concerned with stacking up early than they are in remaining comfy until mid to late tourney.  Most tend to start off TAG and loosen as the blinds increase;  Depending on the blind structure and length of time these run, the blinds may or may not provide the impetus for normal tourney guys to loosen up or stack up.  Perhaps they account for that in the structure and make sure the blinds are roughly the same (comparative to avg. stacks) at the end of each game; if you have that info to pass on, it'd be good to know. 

2.  There is a bubble, after a fashion.  Instead of player count, it is the end of the tourney itself.  One could make quite the killing stealing blinds in the last few minutes from people content to stand pat on their stacks (and let's be honest, an inordinate amount of the players who will like this format will be of that type).  The key will be identifying those who are trying to set the cruise control (particularly the shorter ones), and pounding the bejeezus out of them while avoiding those who seem to be looking to chip up.  I think there will be a clear divide between those coasting and those building, and it will be easy to tell which is which.  Having said all that, I now see you pretty much said the same thing, so der on me for not reading.

Along the same lines, if you happen upon another player who seems to be employing this concept, you might have opportunities for resteals as well, which could well earn you a nice chunk in a single hand without a showdown.

3.  It's a particularly good idea as you said to calculate your payout, and possibly an opponent on occasion, toward the end.  It's worth noting that a lot of people (and here I'm thinking particularly of the coasters holding on for a cash) will not be doing the same, and will not realize until after the game how much their stack is worth, which might affect their style of play. 
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« Reply #7 on: October 21, 2011, 02:00:59 PM »

Obviously since I'm located in the Union of Subjugated Americans, I won't get to take part.  But the concept is going to certainly create some interesting wrinkles.  Now keep in mind I haven't and probably never will play one, but this is what I see as noteworthy:

1. Depending on the structure of each, this might not be particularly appealing to the typical MTT specialist.  Obviously these guys are less concerned with stacking up early than they are in remaining comfy until mid to late tourney.  Most tend to start off TAG and loosen as the blinds increase;  Depending on the blind structure and length of time these run, the blinds may or may not provide the impetus for normal tourney guys to loosen up or stack up.

That's a very good point -- after initial novelty wears off, the 8+ table megagrinders of non-turbo MTTs will probably never play these, especially since they might get them mixed up with the normal non-timed MTTs and suddenly POOF time is out and they didn't realize until too late. So in theory the Timed Tournament fields will be softer overall. Which means playing "ABC" until the last 10 minutes or so = optimal. re. other things you said, not sure about the structure of the other durations, but the 30 minute I played was (from memory, I believe) 50/100, 100/200, 150/300/30 (with antes on the last level only, I believe -- or maybe 100/200/20? can't remember). My guess is that the 60..180 minute versions would start at a lower blind level and progress a bit less steeply, thus at the final blind level it might be comparable, perhaps a bit bigger but not much bigger than 150/300/30. Might play a few more of them this week, before the October 28th deadline (since there will plenty of fishies with "free" $5.50 tickets, who have no clue how to play normal MTTs, let along these puppies).

But I wouldn't recommend "restealing" too often, even against a LAGtard -- sometimes those guys wake up with JJ+/AQ and have no problem calling a 20+bb reshove, and other times they will call with Ace-Rag or even 98s or similar, so unless you're re"stealing" with a pretty tight range, you're just gambling unnecessarily. Even if you have been super-tight, you can't count on the LAG noticing you have been folding 95% of your hands. Ideally you hope that the overly-aggressive opponent(s) at your table are smart/experienced enough to know that you all can benefit by just staying out of each others way and just take turns bullying (essentially what Matusow was hoping/expecting out of Carlos Mortensen in that Main Event final table many years -- they both had huge stacks, and Carlos re-shoved [preflop I think] with air and cost Mikey a ton of chips, then showed the bluff and they got into a heated discussion about ... stuff). Much safer than committing a stack preflop hoping the other guy folds (since if he calls with a 30:70 dog, you still get crippled/busted about one-third of the time, contrast that with safely chipping up against the chicken nits).
« Last Edit: October 21, 2011, 02:03:28 PM by DforDissent » Logged


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Author Topic: PokerStars launches Time Tourneys(Read 242 times)
« Reply #8 on: October 22, 2011, 09:10:23 AM »

Pokerstars marketing at it's finest.

Lot's of players pay rake, lots get something back even if less than they put in, rinse and repeat.   Good way to keep cash flowing on the site.




Kash
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« Reply #9 on: October 22, 2011, 03:22:05 PM »

Pokerstars marketing at it's finest.

Lot's of players pay rake, lots get something back even if less than they put in, rinse and repeat.   Good way to keep cash flowing on the site.




Kash

Yeah. Though it does seem like a slightly better game than Double or Nothing SNGs
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« Reply #10 on: October 22, 2011, 04:47:33 PM »

...but worse than Fifty50s (unless you get really lucky a few times against same-size stacks)
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