I've been skimming so many blogs lately that I can't remember where I read this, so apologies to the original writer for the lack of accreditation. The basic idea was that however badly players are treated at the WSOP, the players at the top of the tree, the sponsored players, have to play anyway. They're not being paid to find tournaments with 2% juice that no one is going to see on TV. The pimp will say "get your ho ass to the WSOP" and the ho will jump. [1]
On top of that, the rank and file don't know any different. They certainly don't care about the way European players are being treated with the tax, for example, why would they. Juice, structures, advertising and TV revenue issues [2], tip pooling, variable standard of floor staff and dealers - how much of this bothers Joe Dreamchaser ?
From my experiences of this event to date, I would say that it's the people in the middle who should be very wary of playing a lot of these tournaments. Certainly anyone who is playing for a living off their own money should think long and hard before spending a lot of money chasing bracelets. If you win one, great, that's a nice score, but where's your overlay ? If you think one bracelet is going to make you a face now, think again. They're giving out 10 every week. And if your ultimate dream is to make it to the level of super-face, ask yourself first, is it worth it ?
For example, with his 2nd place finish in the $50K HORSE event, you might think that Andy Bloch has now broken through to the top level. Woo hoo ! Here's his reward, courtesy of
Julian Thew :
"we popped into the Full Tilt [lounge] to see what was on offer. Once we realised that there were no free snacks or beverages we did a U-turn but not before one of the dolly birds pointed out to us that we could get our pictures taken with our favourite Full Tilt players in the lounge at the back; I popped my head in and got to see the lone figure of Andy Bloch, slumped in a chair, head in hands. I wasn’t tempted."
Paul S at Stan James posted a great piece
here ; the first part makes the point that no one would put up with all this shit in a $10 online tournament, but the second is just as interesting, where he lists some very good reasons why winning the Main Event might come at a cost. You will have people plaguing you the whole time. You might think this sounds great, and if you're one of these people who has to be the centre of attention all the time then fine. If you're not, well, there is a great deal to be said for getting it quietly instead.
[1] This rather coarse analogy reminds me of the joke where the hooker complains about being raped the next day. When asked why she did nothing at the time, she says "I didn't realise I was being raped until the cheque bounced". People do use the word rape in the context of what's going on here but I think that's well off the mark. No one's being forced to do anything.
[2] Well, issue, in that Harrah's are trousering all of it.