Friday, July 13, 2018

Friday, July 13th; Event #4 Off To A Roaring Start, New Format Well Received By The Players

ICYMI: Yesterday started Event #4 of the 2018 Florida State Poker Championships, which is a $360 No Limit Hold'em ($200,000 GTD) multi.  On the surface, this would be nothing out of the ordinary...just the second multi of the series.  But for players who were in action, or those "in the know," the new wrinkle in the event makes for a whole different experience.  In the tournament, each of the starting flights are playing down to the 5% mark, with 12.5% of the field getting paid (during the opening flight).

So for instance, yesterday's Flight 1A had a total of (155) entries, and an official prize fund of $47,275.  That meant that (20) players were going to "reach the money," with twelve players from that number receiving a cash prize (9th-20th), and eight players bagging up chips for Monday's Day 2.  The official results from those that made the money (but did not bag) can be found during last night's coverage (if you scroll down just a bit, they are some of the most recent posts), with the official counts from those that bagged posted below.  Jim Hayes was the flight's overwhelming chip leader, and would earn himself a seat into Event #14 ($1,500 No Limit Hold'em FSPC Main Event).

Jim Hayes - 879,000
Evan Teitelbaum - 507,000
Paul Shafran. - 384,000
Amy Wan - 367,000
Sara Chau - 338,000
Joel Deutsch - 319,000
Chien Chiu - 200,100
Jay Convente - 106,000

Tournaments: Friday's tournament schedule begins at 11:00am, with Flight 1B of Event #4 ($360 No Limit Hold'em $200,000 GTD).  The tournament is structured with 20,000 unit starting stacks, and levels that last (30) minutes during the opening flights (transitioning to 40 minutes on Day 2).  Registration is open through Level 8 (and the break that follows), allowing more than four hours for players to decide when to join.  The interesting caveat about the event is addition of the Day 1 payouts, and double bagging.  Details about those features are listed on the structure sheet for the event, which is posted below:

At 2:00pm, there is another $90 No Limit Hold'em Satellite Into Event #4, which guarantees (5) seats.   Players in the satellite sit down to starting stacks of 8,000 units, and play (20) minute levels over the course of the afternoon.  Registration is open through Level 8 (and the break that follows), allowing for over two hours to join the action.

Just as the satellite is wrapping up, Flight 1C of Event #4 will be getting underway (6:00pm), with the same structure as listed above for Flight 1B.





Promotions: From (9:00am-10:00am), the high hand will award $150 every (30) minutes.  The high hands will then transition from 10:00am-6:00pm, with the opportunity to win $400 every (30) minutes.  During that period, the promotion sees tournament players eligible each half-hour for $100 high hands, 2/2 limit hold'em players eligible for $200 high hands, 2/4 limit hold'em players eligible for $300 high hands, and all other raked games (1/2-5/10 NLH, 4/8 Omaha 8B, 6/12 O.E., etc.) eligible for $400 high hands.  

Then, from 6:00pm-12:00am, players can win up to $1,500 every (30) minutes.  If the high hand is made on the flop, and then qualifies as the winning hand for the half hour, the player will be awarded $1,500 (no limit Hold'em games only).  If the hand is flopped in a limit Hold'em game or tournament, and it holds up for the thirty minute period, they will be awarded $750.

Following that promotion, from 12:00am-9:00am, eligible high hands will be awarded $100 every hour.

It should also be noted that players are able to win the high hand using only one card in their hand.  The payouts for those that use one card are different than the standard numbers listed above, and can be found (full listing of one-card payouts on flyers in the poker room).

11:00am - 2018 Florida State Poker Championship Event #4 (Flight 1B) | $360 No Limit Hold'em ($200,000 GTD)

- Players start with 20,000 in tournament chips
- Late and re-entries for the first (8) levels
- Alternates and late entries will start with a full stack
- Levels 1-14 will last (30) minutes , transitioning to (40) minutes Level 15+
Payouts: On each Day 1, 12.5% (1 in 8) of the field will be paid $450-$650 (depending on order of finish) down to 5% Day 2 field.
Best Stack Forward: Players qualifying for Day 2 may play another Day 1 flight in an attempt to better their chip count. Players that have qualified for Day 2 with multiple chip stacks will only be permitted to play their highest qualifying stack. The other stacks will be removed from play and the player will receive the minimum Day 2 payout (approximately $1,000) for each stack “forfeited”

2:00pm - 2018 Florida State Poker Championship (Satellite Schedule)| $90 No Limit Hold'em Satellite Into Event #4 (5 Seats GTD)

- Players start with 8,000 in tournament chips
- Late and re-entries for the first (8) levels
- Alternates and late entries will start with a full stack
- Levels will last (20) minutes

6:00pm - 2018 Florida State Poker Championship Event #4 (Flight 1C) | $360 No Limit Hold'em ($200,000 GTD)

- Players start with 20,000 in tournament chips
- Late and re-entries for the first (8) levels
- Alternates and late entries will start with a full stack
- Levels 1-14 will last (30) minutes , transitioning to (40) minutes Level 15+
Payouts: On each Day 1, 12.5% (1 in 8) of the field will be paid $450-$650 (depending on order of finish) down to 5% Day 2 field.
Best Stack Forward: Players qualifying for Day 2 may play another Day 1 flight in an attempt to better their chip count. Players that have qualified for Day 2 with multiple chip stacks will only be permitted to play their highest qualifying stack. The other stacks will be removed from play and the player will receive the minimum Day 2 payout (approximately $1,000) for each stack “forfeited”

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