Payouts at WPT Turks & Caicos Poker Classic Downgraded
- Payouts at WPT Turks & Caicos Poker Classic Lowered
Only 137 players entered the WPT Turks and & Caicos Poker Classic. The Champion was to be Guaranteed $1,000,000 and $25,000 entry into the 2008 WPT Championship in April. With the 137 players paying the $7,500 buy-in the WPT reported that the prize pool was only $996,675 well short of what would be needed to pay all the players that would usually cash in a Tournament this size and the winner $1,000,000. To solve the issue the WPT gave the final 100 players 4 options to select from for the payouts.
Here are the options the players had to decide on:
- Option 1:
Winner take all $996,675.
Your ‘Dead Money’ blogger assumes that this Option did not get much support.
- Option 2:
Final 10 players get paid with the payouts being:
- $426,675
- $225,000
- $125,000
- $70,000
- $50,000
- $30,000
- $25,000
- $20,000
- $15,000
- $10,000
- Option 3
Payouts would only be for the WPT 6 Player Final Table with the payouts being:
- $436,675
- $225,000
- $125,000
- $90,000
- $70,000
- $50,000
- Option 4
The last Option was to have the last 9 players cash with the payouts being:
- $436,675
- $225,000
- $125,000
- $70,000
- $50,000
- $30,000
- $25,000
- $20,000
- $15,000
Not sure how the vote totals turned out but the Final 100 players ended up selecting Option 4 and 9 players will cash. The Tournament end on Sunday September 30th, 2007.
As of this post 43 players remain. You can see the current chip counts here.
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September 27th, 2007 at 8:55 pm
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September 28th, 2007 at 12:32 pm
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