What tournaments have the deal making option?
Deal making is available for most real money, multi-table tournaments where
the prize pool consists only of cash. For example, deal making would not be
available in a satellite tournament where some of the winners receive entry
into another tournament as their payout.
Back to top
How do I know if deal making is available in a
tournament?
You can see if deal making is available in a tournament by going to the
Tournament Lobby and checking the Tournament Description. It will say 'Final
Table Deal Making Possible' if that tournament features deal making.
Back to top
How do the players at the final table initiate a deal
making process?
A deal is initiated when all players at the final table select 'Yes' in the
deal making table module on the table. Players can see how many of the
remaining players have selected 'Yes' so far by looking at the number count
next to the 'Yes' and 'No' buttons in the deal making table module. Once all
players have selected 'Yes', the tournament will pause after the current hand
completes and the deal making process will be initiated.
Back to top
How is the chip leader determined for deal making?
The chip leader is the player who has the most chips. If two players have
the same number of chips, then the player who registered first for the
tournament will be shown the chip leader chat window.
Back to top
How are the chip count payout amounts calculated?
A player's chip count payout is based on the number of chips that a player
has and the remaining available prize pool. The calculation is a standard poker
calculation for payouts based on the current chip count in the tournament. The
calculation is as follows:
c (# chips) = number of chips that a player has
TC (# Chips) = total number of chips currently in the tournament
R ($ amount) = remaining prize pool
NP ($ payout) = the payout that the next player eliminated will receive
GP ($ payout) = the payout that the player would get if the game ended
immediately
n (# players) = number of players remaining in the tournament
$ Chip Count Deal Payout = [NP+[R–(n*NP)]*(c/TC)]
For example:
Remaining Prize Pool = $570
Player Chips Place Game Payout
1 15,000 1 $171.00 (30%)
2 12,000 2 $142.50 (25%)
3 10,000 3 $114.00 (20%)
4 6,000 4 $85.50 (15%)
5 500 5 $57.00 (10%)
Player Chips Count Deal Payout
1 [57+[570-(5*57)]*(15000/43500)] = $155.28
2 [57+[570-(5*57)]*(12000/43500)] = $135.63
3 [57+[570-(5*57)]*(10000/43500)] = $122.52
4 [57+[570-(5*57)]*(6000/43500)] = $96.32
5 [57+[570-(5*57)]*(500/43500)] = $60.28
How are the game payout amounts calculated?
A player's game payout is based on the payout percentage that the player
will receive in their current position (based on chip count) if the tournament
was to end immediately. The player will get this percentage of the remaining
prize pool if this payout structure is chosen. For example, let's say that the
following payout structure is in place:
Place Finished Payoff
1st 40%
2nd 25%
3rd 15%
4th 11%
5th 9%
If there are four players remaining, then the 3rd place player would receive
[15/(40+25+15+11) ] = (15/91) = 16.48% of the remaining prize pool.
Back to top
Why do the possible payouts total more than the remaining
prize pool?
If the 'Chip Count' or 'Game Payout' option is used, the total amount paid
out can sometimes be slightly more than the total remaining prize pool balance
(but never more than $0.10). This is due to rounding in the calculations. For
the player's benefit, we will always round up to the next whole cent when
calculating these payouts.
Back to top
How do we make a custom payout deal?
A custom payout is made first by having the chip leader select 'Custom
Payout' in the payout options. When 'Custom Payout' is selected, the input
boxes under the 'Custom Payout' column will become activated. The chip leader
then inputs amounts in these boxes until all players agree on the amounts. The
percentages and amounts do not have to add up to the total remaining prize pool
as a deal can be made for only a portion of the remaining prize pool. The
custom payout percentages and amounts cannot exceed 100% or the remaining total
prize pool amount.
Back to top
How does a deal get submitted?
A deal is submitted by the chip leader by selecting the submit button in the
deal making chat window. Only the chip leader can submit the deal. The chip
leader will first be asked to confirm the deal is correct and then all players,
including the chip leader, will be asked to confirm the deal before it is
finalized. The deal will be cancelled if any player does not confirm the deal
or if their time runs out while deciding to confirm.
Back to top
Are there time limits to the deal making process?
Yes, there are two sets of time limits in the deal making process. All of
the players will have 30 minutes to discuss and submit a deal. Once the deal is
submitted, the players will have 30 seconds to confirm the deal. If either time
limit is exceeded, the deal will be cancelled and the tournament will
resume.
Back to top
What happens if I don't agree to a deal?
If you do not agree to the deal, the deal making process will end and the
tournament will resume. Additional deals can be negotiated as long as all
players agree to discuss a deal by selecting 'Yes' in the deal making table
module.
Back to top
Does the deal have to be for the full amount of the
remaining prize pool?
No, a deal can be made for a portion of the prize pool. The amount of the
deal must be enough so that at least $0.01 is distributed to each player.
Back to top
When will the players get paid the deal amounts if a
deal is agreed upon?
Players will be paid immediately after the deal is confirmed by all
players.
Back to top
Why can't I see the deal making module at a table
it is available on?
There are two reasons why this might occur. One is if a multi-table
tournament has started and 10 or less players have signed up for the
tournament. The other is if the remaining prize pool is too low to be divided
between the players so that each would have an amount greater then or equal to
$0.01. For example, there are seven players remaining and the remaining prize
pool is $0.05.
Back to top
How many deals can be made or attempted in one
tournament?
There is no limit on the number of deals that can be made or attempted in
one tournament.
Back to top
Can I watch the deal making process if I am not a
seated player?
Yes, players that are not seated at the table can watch the deal making
process by selecting the 'View Deal Making' link on the table once the deal
making process has begun.
Back to top
If a deal is made for the remaining prize pool, how is
the Leader Board rank calculated?
If there is a deal made for the remaining prize pool, then the current chip
counts will determine the final rank of players in the tournament for the
Leader Board points calculation. If there is a tie in chip count, the tie will
be broken by registration timestamp with the earlier registration receiving
priority.
Back to top
Will deal making details be recorded in 'Hand
History'?
No, there will not be a record of the deal making chat in the 'Hand
History'.
Back to top
What are the disconnection and cancellation policies
for deal making?
If a player is disconnected during the deal making process, the process will
continue as though the player was still connected. The following scenarios can
occur:
- The player reconnects while the deal is still taking place and still has
time to participate
- The player does not reconnect before a time restriction has elapsed and the
deal has been rejected due to all deal making time being used up
- Other players have rejected the deal while the player was disconnected and
play has resumed
The deal cannot be agreed to unless all players seated at the table approve
of the deal. A disconnection is an implicit reject of the deal unless the
player reconnects and confirms the deal in the allotted time.
Back to top
|
