BC Betting Challenge winner

[Immanuel Kant]

Originally Posted by helicopter11

This tournament style seems more intriguing than the NHC with the $2 W/P mythical wagers. Real money, real bets. Congrats on qualifying this year.

I'll second that...I've played in the NHC 3 times and am now switching my focus to these real money events.

[NTamm1215]

I thought the real money aspect was incredibly interesting. I prefer it to any other way. Tournaments like the Horseplayer World Series, where you get 15 optional plays per day are preferable to a tournament that has any number of mandatory races.

[pweizer]

Real money contests separate the men from the boys. I am constantly amazed as to how many people enter contests like this and then play in a way that gives them no shot to win. If you look at the final leader board, there were dozens of people who had between $1,000 and $3,000 left at the end and didn't go all in.

I played reasonably well for two days for one purpose, to put myself in a position to win. I bet $8,000 in the last race and if Flat Out wins, you are talking about me today. My hats off to the winner for being willing to put it all on the line.

In a mythical money contest, everyone fires away. When it is real money and you are making really large bets, many people (even those who put up $10,000 to enter) will sit on some money rather than make the big bet and thus give themselves no shot to win.

Paul

[VOL JACK]

Originally Posted by pweizer

Real money contests separate the men from the boys. I am constantly amazed as to how many people enter contests like this and then play in a way that gives them no shot to win. If you look at the final leader board, there were dozens of people who had between $1,000 and $3,000 left at the end and didn't go all in.

I played reasonably well for two days for one purpose, to put myself in a position to win. I bet $8,000 in the last race and if Flat Out wins, you are talking about me today. My hats off to the winner for being willing to put it all on the line.

In a mythical money contest, everyone fires away. When it is real money and you are making really large bets, many people (even those who put up $10,000 to enter) will sit on some money rather than make the big bet and thus give themselves no shot to win.

Paul

There were maybe a few like me that went all in with what little was left and cashed for a modest sum in the classic.

[pweizer]

Originally Posted by VOL JACK

There were maybe a few like me that went all in with what little was left and cashed for a modest sum in the classic.

That is exactly my point. You played exactly right. If you had a little more to play with at the end, you would have crushed the race and may have won it all.

At the same time, others with a few thousand left were content to take the money home rather than go for it and try to win.

Paul

[Immanuel Kant]

I'm wondering if some of the players who have earned their way into the contest with much less than the $10,000 entry fee are looking at taking a chunk of change home.

I'm not saying they're right or wrong, just speculating on a rationale for not "going for it"

[MaTH716]

Originally Posted by Immanuel Kant

I'm wondering if some of the players who have earned their way into the contest with much less than the $10,000 entry fee are looking at taking a chunk of change home.

I'm not saying they're right or wrong, just speculating on a rationale for not "going for it"

I agree with this. The real money aspect changes the dynamics of the tourney dramatically. For people who didn't have to put up the cash, i'm sure that the idea of walking away from the tourney with a couple of thousand on top of having the whole tourney expierence is a no brainer for them.
It does works out well for the serious players, because there's that percentage of people that won't go for the hail mary late in the game.