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-   -   $100 Million Tournament????? (http://www.talkingpoker.com/forum/showthread.php?t=3360)

ChipFish 10-02-05 10:33 PM

$100 Million Tournament?????
 
Holy Crap!
Noble Poker is taking a stab at this....
No fucking way they cover this.
I just have to say "WOW".

omahilo 10-02-05 10:59 PM

How can one win the $100,000,000 Jackpot Prize?

During the Final Table action, if one of the players will hit a Royal Flush of Spades he will win the $100,000,000 Grand Prize! An enormous prize like which has never been seen in the history of poker. A hand no one will ever forget.
And that's not all…if you come close to hitting the Royal Flush, you'll also go home a millionaire!
The Final Table at this tournament will be the most exciting in poker history, as we'll have several more Jackpot hands.

The additional Jackpot Prizes are:


1. Any other Royal Flush - $1,000,000
2. Any Straight Flush - $1,000,000
3. 4 of a kind Aces - $500,000
4. 4 of a kind Kings - $500,000
5. 4 of a kind Queens - $250,000
6. 4 of a kind Jacks - $250,000
7. 4 of a kind 10's - $250,000

They are offering 100 mill for a royal flush in spades it sounds like to me, not a 100 mill guaranteed tourney or anything.

ChipFish 10-02-05 11:15 PM

Ahhhhhh...
That's Crap then.

eddo31 10-02-05 11:18 PM

even if its crap, it still is a pretty cool promotion.

i wonder how much the insurance for the 100 mil is for the site, as i am sure that they arent just puting that up themselves.

Talking Poker 10-03-05 02:13 AM

It's really not that big of a deal.... just an excuse to make up a really big number that they will never have to pay out.

And I'm sure they are insured too.... just like those Hole in One contests and other crazy promotions (like Pepsi's Billion $ thing a few years ago) always are.

eejit101 10-03-05 02:33 AM

i couldnt ever see this happening. No-one would insure this against a random number gentarot, noone. Too risky. This is where the "random" of the hands might not be exactly that.

Talking Poker 10-03-05 02:39 AM

This is simply untrue. There are comapnies who will insure pretty much anything. They calculate the odds and come up with a number. It's that simple. I'm sure they will do the due dilligence to make sure Noble's RNG is solid first, of course...

ChipFish 10-03-05 12:03 PM

I think it's a "live" tournament....
Therefore the RNG is meaningless for this promotion.
Now if you could pay off a good "mechanic" dealer... You could up your odds. :p

GeoffM 10-03-05 01:26 PM

Trust me when I say this...you can put a price on any risk. The premium will be adjusted according to the odds.

Windbreaker 10-03-05 02:16 PM

If the blinds ever get capped, the final two player should continue to play by calling the blinds and checking it down to the river. Chop any jackpots. Continue to chop until someone finally hits a royal :P.

BlibbityBlabbity 10-03-05 02:19 PM

That would make for some riveting television :D

eejit101 10-03-05 02:51 PM

The first ever 3000 hour final table :D lol

However, whoever said the paying of a mechanic dealer is a genious idea, but i think they might have a camera on the dealer to see if it is being mechanicised. who knows? Still worth a gp, but the buy in to this tourney is HUGE. some1 has told me $10,000.

jillaj 10-03-05 03:00 PM

This isn't a very good gimmick.

BlackCoffee 10-03-05 04:29 PM

The site is garbage.. no players, no action, crappy software.. i just pulled all my money out.

oketz7777 11-30-05 03:10 AM

do you know what the odds of hitting, whatever they could offer 1000 billion it wiold still be the same

ChipFish 11-30-05 03:30 AM

Please see post #2 and then the response to that in post #3. ;)

Talking Poker 11-30-05 01:44 PM

After that, please note the new title under your name and "see door."

Sorry I didn't get on this faster last night guys. He got on just as I was logging off for the night.

Akverno 11-30-05 03:09 PM

Lloyd's of London. They would be the secondary insurers on something like this. Like the shipping industry, they insure losses much larger then this on a regular basis. If not Lloyd's, then a company similiar to it.

captain_festival 11-30-05 04:31 PM

wow
 
could u imagine!!! 100mil!!! LOL LOL ya right ! lol!


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