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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 :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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