The World Series of Poker is well
under way. The first “major” event was
the return of Colossus. As you will
recall, I played in the very first Colossus event last year (see here and here). This year, I’m not in Vegas yet so obviously I
didn’t play in it. Honestly, even if I
was able to be in Vegas now, I would have skipped the event. And apparently, I’m not alone in thinking
that I could afford to miss this tournament.
The turnout was less than last year’s.
That is the subject of this post. Was Colossus II a disappointment—attendance
wise, that is? Was it just another case
of the sequel not being as good as the original? Or would that be the wrong takeaway?
I initially got the idea to do this
post on Thursday, the first day of the event.
When I saw the reports of the number of seats sold for the two flights
that made up the first day, I was thinking that turnout must have been a huge
disappointment. And I started thinking
of all the reasons why this was happening.
I’ll get back to that but now that we
know how many people actually turned out for the event, it is obvious that “huge
disappointment” is a totally inaccurate assessment.
But was it slightly disappointing, at
least? I’d have to say yes. Let’s look at the numbers.
This year’s event drew 21,613 making
it the second largest tournament field in poker history. The first was of course last year’s Colossus,
which had 22,374 entrants.
OK, that’s not much of a drop off. But I heard they were expecting to break 30K
players this year and if that’s true, then it is a disappointing turnout.
What’s important to note is that they
added two more starting flights this year.
So they could have handled 30K players, where as last year they wouldn’t
have been able to.
Last year, the Day 1’s were on Friday and Saturday of the first week
of the series (two each day). This year,
they were on Thursday, Friday and Saturday of that first week, again two a
day. I think they were anticipating
pretty much maxing out each flight.
That would have been 4400-4800 each
flight. Thus, when I saw they “only” had
3,249 for Flight A on Thursday, followed by a much smaller field of 2,153 for
Flight B later that day, it sure looked like a big disappointment.
But to a great extent, adding two more
days just spread out almost the same number of players over six flights rather
than four. That was better for the
players, and I guess for the staff as well, but probably not what the WSOP was
hoping for.
The impact on the entire Vegas poker scene
was way down too. Last year, they had to
use every single table in the Rio for Colossus or some other bracelet
events. They even used half of the Poker
Kitchen for tables. No cash games at the Rio meant that cash game action was
spread out over town and there were 3-4 hour waiting lists at many rooms to get
into a cash game.
From what I could tell, nothing like
that happened this year and I think the WSOP venue was able to run cash games
most of the time (except maybe for part of Saturday). Thus the other rooms were
busy, but not swamped.
The turnout picked up on Friday (3,770
& 3,099) and then a huge turnout on Saturday (4,855 & 4,487).
So, although not the turnout they
hoped for, still an incredible number of players for a single tournament, to
say the least.
But if we’re honest, it was on some
level disappointing. So why didn’t they
exceed last year’s numbers even with two more starting flights?
I have a few theories.
First, the novelty from last year was
gone. I’m sure a lot of players who
played last year didn’t feel the need to play again (like me), either because
it was more of a “one time thing” or because their experience wasn’t so good.
As I reported in those posts I’ve linked
to, it was kind of fustercluck last year.
Although they did an incredible job under the circumstances, there were
still a lot of glitches—starting with having to change the number of levels
played on Day 1 and having to change the start times of the afternoon
flights. One glitch from last year I unfortunately
didn’t have to deal with was that there were incredibly long lines at the
payout window for those lucky enough to cash.
I’m sure this left a bad taste in the mouths of some of those who got
paid. I’ll bet that’s one reason people
who got paid last year may not have returned.
That and the other glitches I mentioned last year.
And for those who didn’t play but were
thinking of it, remembering all the stories of the glitches from a year ago may
have dissuaded them from playing this year.
Ironically, by adding the two starting
flights and getting a similar number of players, I think they were able to do
away with most of the glitches, so that was a bad reason I guess for people to
decide not to play.
And they fixed the payout problem by
having each starting flight have its own individual pay outs before the flight
ended. If you made it to Day 2 you
cashed, but the money bubble hit during Day 1, and thus people who cashed but
busted Day 1 could collect their money right then and there, reducing the lines
for the pay outs.
They also made it simpler by not
letting people register for more than one flight at a time. You couldn’t register for a second flight
until you busted from the current flight you were playing. No doubt that made things go smoother.
I did read some complaints on Twitter
that there issues on Day 2 as they kept reaching another pay jump on the pay
scale—apparently they were stopping the clock and playing hand for hand for
each jump. Can anyone confirm that?
Anyway, I wonder if a lot of
people—whether they played last year or not—figured out that the odds of
surviving such a huge tournament were so overwhelming that their tournament
dollars were best spent elsewhere? That’s probably the main reason I wouldn’t
have returned this year even if I had been in town. It is just way too big a crapshoot. And once I had the experience one time, I
didn’t need the thrill again. Also, I
believe there are a few more lower priced bracelet events this year, so there
are more options for the low-rollers to play for a bracelet than last year.
And then there was the revised
structure. I mention that in my post here, where I linked to the article here explaining the new, almost turbo-like
structure of the event. Can’t be sure how many people read this article—or
maybe just figured out on their own that structure was much quicker—and decided
that there was not enough value in the tournament to play in it. But I’m sure the new structure had some
effect.
Now I realize you readers come to my
blog expecting detailed posts about long tournament runs, and must be
disappointed that I don’t have one for you this time (since, you know, I didn’t
play). So, if you want to read about a nice
tournament run in Colossus, I’m giving this link here
to my friend Don’s write up. I’ve mentioned Don numerous times, we’re pals from
the days when PokerAtlas was All Vegas Poker. For some reason, Don calls
himself “Dave” in his summary. As you can see, Don actually won a free seat to
Colossus and it paid off for him. I
think you’ll enjoy his reportage of the event.
Hey Rob,
ReplyDeleteWhen are you heading to Vegas? I'm coming out for the Monster Stack again and will be at the Rio 23rd - 27th.
Dave
YES....I will be in Vegas that entire time. Let's get together.
DeleteThere's an AnteUp / AVP mixed game at Mirage like the one we had at TI a couple of years ago...but it will be before you get there.
If you didnt chip up by level 4, you were basically f**ked/in shove mode; and yes they did stop frequently for bubble and pay jumps. One positive was that you could cash multiple times in the same tourney.
ReplyDeleteOverall, a big win for the casino, with rake once again being more than 1st place $$
Thanks, Anony...yeah, really unfriendly structure.
DeleteAnd a big money maker for CET.
Colossus kinda sucked for me; set over set out in the 4th level. That is an inspiring shot of the Beach. Thanks sir,
ReplyDeleteBig L
Man, losing set over set really sucks, man. Sorry.
DeleteI wanted to play but the change in structure kept me away.
ReplyDeleteI'm a fan of craps, just not at the Poker tables.
Indeed....tho I'm surprised you were considering playing. I remember you telling me you aren't much of a tournament player.
DeleteI'm not but I do want to experience the wsop a few times and the cheaper the buy-in the better.
DeleteAnd, anyone can get lucky.
"anyone can get lucky."
DeleteThat, my friend, is my entire poker strategy!
That is my life strategy lol.
DeleteI got lucky in live and love, Poker not so much.
"Lucky love, unlucky in cards."
Delete