Which promotion is better
Option 1 - 400 HH 1-7 pm per hour and then 1k HH from 7-11pm (about 5-7 tables on average)
Option 2 - Hot Seat per hour - winner picks an envelope out of 10 envelopes (prizes in all envelopes are not stated but grand prize is 1k, all envelopes are reentered every hour), and then anyone at the table of the lucky hot seat winner gets 100$. Room usually gets 5-7 tables.
11 Replies
Has to be Option 2 right? If everyone at the table gets $100 no matter what, that means there is well over $900 in EV being given away every hour. On top of that, it is much easier to actually win since 8-9 people per hour are getting a prize.
envelopes... 1/5 to 1/7 chance at 100-1k (nonlinear) hourly. other one is 1/45 - 1/63 at 400$ hourly assuming full tables
Assuming 6 tables and 9 handed, if I've mathed the EV right, option 1 is $7.41/hr from 1 - 7 and $18.52/hr from 7 - 11. Option 2 is $16.66/hr without even hitting the envelope, and assuming a worst case scenario of only a single $1K prize with others being $0, this would add $1.85, so $18.51. So looks like option 2 to me.
Gbut40/70chanceIgotmath80%wrongG
Yeah, as Dan said, 2 is clearly better. For promos you want to know how much money is being given away total, and how likely you are to be getting a piece of it (and of course how big that piece is). 2 is actually better for both.
If I mathed right, and assuming the hot seat only gets the envelope and not the $100 table seat money (is this a correct assumption, noting I did not assume that on my first maths?), I believe the other 9 envelopes would have to add up to $1000 in order for it to be an equivalent promotion of the $1K high hand (all assuming 6 tables @ 9 handed).
Gno?G
If I mathed right, and assuming the hot seat only gets the envelope and not the $100 table seat money (is this a correct assumption, noting I did not assume that on my first maths?), I believe the other 9 envelopes would have to add up to $1000 in order for it to be an equivalent promotion of the $1K high hand (all assuming 6 tables @ 9 handed).
Gno?G
I also assumed that the hot seat only gets the envelope and not the additional $100. But, at the same time, it feels safe to assume that the envelope will contain at least $100. It would be absurd to be the hot seat winner and win less than your table mates. Even winning the same amount ($100) would be weird.
High hand is a limit hold em heavy promotion. Hot seat is more fair.
I also assumed that the hot seat only gets the envelope and not the additional $100. But, at the same time, it feels safe to assume that the envelope will contain at least $100. It would be absurd to be the hot seat winner and win less than your table mates. Even winning the same amount ($100) would be weird.
That would be a bad assumption. I was playing Friday at "room 2" and can confirm that the hot seat got $100 in promotional chips that had to be used at table games (not poker) while the table got $100 in real money. Several of us mentioned how bad this was to management. I expect if it hasn't change already, it will so soon.
That would be a bad assumption. I was playing Friday at "room 2" and can confirm that the hot seat got $100 in promotional chips that had to be used at table games (not poker) while the table got $100 in real money. Several of us mentioned how bad this was to management. I expect if it hasn't change already, it will so soon.
Wow that sucks. Thanks for the clarification. Hopefully they get that fixed.
I went to room 2 on Friday.
After about 4 hours of play, and about 6 tables going, my table was never called :(
I also noticed that some of the envelope's prize was 'dining credit' which was a little disapointing.
On Monday room 2 had '2 hot seat winners' every 15 minutes and the winner had to spin a wheel to win one of the following prizes - 50 dollar in food, x4 100 in promo chip x3 , 200 cash x2, 500 cash x1, 1000 cash x1.
Leaving aside the EV's in this particular case, the best promotions from a winning player's point of view will always come in the form of chips that must stay on the table.