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New Pokerstars 50Fifty Tournaments

posted 1/4/11 : Event ends when fifty percent of the field has been busted out
 
Online poker giant Pokerstars has launched a new tournament concept after some months in development and testing.  The newly introduced Fifty50 Sit and Go is a type of one-table event which ends when half of the entrants have been eliminated.
 
For example, in a 10-player Fifty50 tournament, 5 will be paid.  Half of the prize pool will be distributed equally among the 5 winners, and the other half will be distributed among those same 5 players based on the chip count percentages at the end of the event.
 
"The 6th-10th place finishers who have been eliminated win nothing," Pokerstars clarified this week. "So in a 10-player $10+$1 Fifty50, the prize pool is $100. Each of the final 5 finishers would receive $10 each, plus a percentage of the remaining $50 in the prize pool. As a more detailed example, in a $300+$17 tournament with ten entrants, the total prize pool is $3,000.  Each player starts with 1,500 chips.
 
To calculate the value of Player 1’s chips, multiply half the prize pool ($1500) by Player 1’s portion of the total chips in play (4300/15000), a total of $430. Adding the returned buy-in awarded to each player who cashes results in Player 1’s total prize amount of $730 ($430+$300). As a formula, an individual’s payout would be expressed as:
 
payout = buy-in + (ending chip count) x (0.5 x total prize pool)
(total chips in play)
 
The Fifty50 tournament lobby displays the approximate amount per 100 chips to be paid out when the tournament ends. The value displayed in the Fifty50 tournament lobby is rounded down to the nearest cent, but payouts are calculated so that the entire prize pool is paid out.
 
Due to the unique payout structure, Fifty50 tournaments are not eligible for any Tournament Leader Board points.”



Gambling News :

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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