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Thursday, February 23, 2017

Hollywood Park Casino Celebrity Sit N Go

HPC (Hollywood Park Casino) has a new Sit-N-Go Tournament, currently only on Tuesday @ 8pm (2107)
$3,000 Guarantee. $330 Entry Fee. It's a 10 player, single table event, with $300 of the entry fee going to the prize pool. The $330 entry fee will get you $10,000 in chips  with 20 minute levels starting at 50/100.

Tournament Value:   38.54,
Anything under 50 may not be worth playing and more likely designed to get you back to the cash game tables, but then again, it's on Tuesday.
Could be worth playing with an ROI of 4.94, but being that it's on a Tuesday it's more of a Predator/Prey Tournament.

Sit and Go Tournaments are not spread very much anymore in the local card rooms. The best one I played in was as Hawaiian Gardens Casino, a three table tournament on weekends. Sadly it went away. Commerce Casino and The Bike run them sometimes during their big event tournaments.
This one is on the fast side but not Turbo, with 20 minute blind changes or 3 times per hour and not deep stacked @ only 100 Big Blinds for an "M" of 100, with a Utility "M" of about 67 Big Blinds.

You reach the Minefield at about Level 4,  which now lowers your (M) to 29 Big Blinds, since you need a minimum of 60 Big Blinds at all times to be competitive, you have to play much more riskier hands.

If your average win/loss rate is 50% and with the ante kicking in, you have only about 30 hands left before you have to play a Kill Phil kind of game. The Minefield section is about 1.5 hours and should end about Level 9, where you will need at least $72.000 in chips to continue at the Bubble Phase and on to the In-the-Money Phase. This tournament only pays the top 2 out of 10.

The Minefield is not too deep at about 6 levels, which means that's where most of the action is going to be as players try to improve their stacks. At level 7, about 2.33 hours into the tournament, it should start getting exciting as short stacks are going ALL-IN and medium stacks get cautious.

You only have about 2 hours to Double Up your stack, which means changing gears could be problematic when you are getting short stacked.

Being a tournament more geared to Luck at 81% than Skill, at about 18%, Tight Passive players are likely to have to make bigger bets than usual, but this one could go on for about 3 hours or more. Haven't seen the results, I don't think Hollywood Park Casino publishes them.

It would be interesting to see if a deeper stacked tournament, with 30 min blinds, and paying 3 players would make the tournament more popular, especially on a weekend.
Maybe 3 tables with 30 players and the top 3 chip stacks at each table make the final 9 and pay the 3 finishers.


(M) # big blind bets you can make based on your chip stack size. An indicator of how aggressive you can be on each hand. (named after Paul Magriel.)
(UM) Utility of M, effectiveness of your chip stack size based on total blinds and ante for each round.

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