Idea: Cashout Tournament
- Once players reach the money (in an online tournament) the game is paused for a minute or so during which time the remaining players may choose to leave the tournament. If no choice is made they will stay in.
- Once the time has elapsed the players who leave will receive a payout guaranteed to be at least the amount of a min cash and increasing proportional to the number of players who elect to leave.
- All players who leave receive the same payout regardless of stack size.
- Players who stay are guaranteed a minimum payout of half their contribution to the prizepool (buy in - rake) and the remaining payouts are removed from the bottom up.
The following is an example using the payouts from a 994-player online WSOP tournament ($1336 entry per player after rake) where 100 players choose to leave:
This format:
- Allows the grinders who are just happy for a min cash to make some easier money 😀
- Reduces the field size and thus the time for the remaining players to finish the tournament 😀
- Allows players who want to take a risk to stay in even with a short stack if they want to attempt to luck into a potentially much larger prize 😀
- Could create a second bubble :(
The more players who leave, the greater the payout, making it more attractive to leave. This also makes it more attractive to those staying in though, as the big prizes are that much closer.
It's a risk v reward proposition that could be fun and rewarding for everyone.
4 Replies
Something similar has been tried before, you'd cash-out a certain # of tournament chips for $$.
In the meantime you might as well play cash, leave when you want...
What would be interesting is a payout structure with "Easter egg payouts"
Using your example of 100-126 place receiving $1,860, say the Easter egg payout was 111th place, it would pay 5k instead of 1,860.
Just an example and obv would affect some levels of game integrity. (All shorties stall when 113 remain, then jam any 2)
Full Tilt used to do this
The selling point here is that you aren't just cashing out your chips for their worth in cash. You are either cashing out for a bit more than your chips are worth, or pushing your luck by staying in and getting either very little, or much, much more than what you could have got by leaving. It's a risk v reward decision, not a forced cashout.
