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Grand Slam of Slots

The Grand Slam of Slots begins one month from today!

I don't have a lot of money for rebuys and continues, so I cherish little hope of top prize. But I am excited to hope for a chance at a great prize, there are quite a few, and for some odd positions.

I wonder how many members here currently have a entry, and how many are actively trying. There are a few familiar names (or similar ones), and I'd like to see some of our own membership walk away with a few dollars (or euros).

I do have several questions about the tourney however, and I am PMing the MG reps here hoping to get some answers.

Earlier, in the Slotmeister thread, Mark posted:

Hi There VWM!

Yeah, I can confirm that at least one of the 'secret' prizes is entry to the 1m Tournament. We'll also be running additional promotions on Dash and 32Red to give these seats away - and I asked MG the same question regarding MPV aliases. Their response was:

If a player has already been entered into the final using a different account ID we will arrange for the link between his second account and his MPV alias to be severed and he will be able to create a new alias on his second account ID. Thus allowing the player to be entered more than once into the final but with different aliases appearing on the leaderboard.


Seems they have it covered!

Mark

But the weekend promotion they recently ran for spots states:

Only one Grand Slam Final entry is permitted per person. Any player who already has a Grand Slam Final entry will not be eligible to receive another.

After Mark had added me to the GSOS, I went to play a qualifier and was prompted to create a new alias. This was prior to the latest T&C's. Other MGs still allow me to play qualifiers under my longterm alias, Jasminebed. I see that my new alias (Linda_Bee for the curious) is the one showing for the GSOS. To date, I have not won another spot, nor been selected in any random draws.

Also, my status in any other freerolls at 32Red now show as Linda_Bee. I would hate to be denied a win because of multiple aliases.

I'm sure I'm not the only player wondering this stuff, and I think it is best that all of it is clear prior to this mammoth tournament taking place.

Thanks again 32Red and the Slotmeister tourney for my entry.:)

And I hope some of the other MG casino representatives take the time to present their casinos take on the multiple aliases issue and entries into the Grand Slam of Slots.
 
Hi Jasmine,

I hope you are well. :)

Firstly, I can confirm that you are allowed to play at mulitple casinos (although I don't personally recommend playing anywhere else other than 32Red of course ;)).

Apologies for the confusion, but the t&c quoted above relates just to 32Red Casino - so if, for example, you have won one of our weekly 1,000 freerolls and then also win the (now expired) daily leaderboard - you won't get another entry as only one is permitted per casino. However, there is another great online casino at 32Red Plc called Dash Casino. For those of you who have accounts at both - you can win entry at Dash and 32Red and benefit from two entries.

On a slightly seperate note, a little bird (well, slightly overweight account manager if I am honest :)) from MG has also suggested that AutoPlay might be available on slots tournaments in time for the final. I must stipulate that this hasn't been confirmed, and he might have been winding me up - I will check and get back to you.

Please don't hesitate to get in touch if you have any questions. :)

Mark
 
I recently noticed I am no longer able to access tournaments without creating a new alias. I queried this with the casino I first discovered this, and they said this was something MGS had recently "cobbled together" having noticed that some players were ALREADY playing more than one alias through several MGS casino accounts.

This is a loophole I discovered last year, but it was not picked up - even though I mentioned it here. I found that at Ladbrokes, unlike all other MGS casinos, I was NOT allowed to use my usual alias. It did NOT say "vinylweatherman - if this is not you......etc.." as has happened every other time I first played a tournament at any MGS casino. I could not even TELL it that it was me, as when I tried to enter MY alias, it was rejected as "belonging to somebody else". I complained to Ladbrokes support, who simply said "you have to create a new alias for Ladbrokes". I asked again, pointing out I already had one for the MGS network, and wanted to use it as it was stipulated in the MGS network terms. Ladbrokes support said again this was NOT possible, and I had to create a second alias just for them.

This is the "back door" by which it became possible, even compulsory, to have multiple aliases. It can. of course, be abused when the casino lobby DOES detect you have a network alias, simply by selecting "not me" when it asks.

There have been many posts discussing this, where it looked pretty obvious that a few players were abusing the system. This was flatly denied by those reps that responded to the allegations - but it seems they were lying, possibly because MGS lied to THEM when they asked about it.

Now it seems MGS have woken up to this, and I was told that MGS will NOW allow players to use different aliases for different casino accounts. Since the introduction of the "rebuy", the multiple alias issue has been far less relevant as a means to "abuse" the MGS tournament system, other than perhaps "free" tournaments, and those such as the weekender with only limited rebuys allowed.

Autoplay is irrelevant as far as the Grand Slam is concerned, as is lag. 8000 coins and 60 minutes to play them. Even the SLOWEST computer would get through these coins in 20 minutes MAXIMUM if there were lots of bonus rounds. My fast PC could handle 1000 coins per minute, and with bonus rounds too. Only rarely did I find I could get less than this rate, usually due to extended periods of lag and more than the usual number of bonus rounds.

Autoplay would make ONE difference though - MGS would MAKE MORE MONEY from the Grand Slam. No resting of tired wrists and fingers needed between rounds, which would encourage MORE continues and rebuys, something far more likely with 1,000,000 on offer for perhaps that ONE lucky spin in the round, such as 5 scatters or 4 wilds in free spins. The selected slot, Tomb Raider, is low variance, so it would be these types of wins that would make an overall winner, and the more rebuys - the greater the chance of being the overall winner.

Another thing that may have happened is that MGS have read (or been told of) posts about "autoclickers" being used with some success, and have decided they had better make this kind of thing available to ALL players, otherwise players might react by AVOIDING the paid tournaments if they believe they are playing against "bots" (not that autoclickers give any real advantage, since they don't make decisions, they just click, and may well miss bonus rounds if the player looks away from the screen thinking their autoclicker is doing all the work)
 
I got my entry by winning the 32RED casinomeister poker tournament so I will be playing the Grand Slam of Slots next month :thumbsup:

I do however have to create a slots alias as I have not played any tournaments yet at 32red.

Also I should get some more info about this grand slam as I have no idea yet what it actually is! Yes of course some big tournament as the title of it implies but I have never played it before.

Gl to all participating.
 
As I have no chance in hell of qualifying I hope to read in one months time that one of the casinomeister members has gotten some nice wins.

Good Luck Jasminebed and vinylweatherman:thumbsup:

I have been offered THREE seats so far:p

I don't think it matters though, as you only need ONE because of "unlimited" rebuys.
 
Oh, I do have another question. Is the prize paid in the currency the player plays in? Or is it in euros, with all the rebuys and/or continues being converted to euros as well?

If it is like the other tournaments, then EVERYTHING will be done in Euros, and if your account is in a different currency, a conversion will be done.

When you rebuy, continue, or indeed buy in, you will get a box that tells you the amount charged in the currency of the TOURNAMENT, and ALSO the amount of credits in your account currency that will be deducted. The conversion rate is down to MGS, and I do not know what rate they are using, but I bet it is "tourist" rather than "money market" since this will give them a small slice of commission.

I suspect this tournament is in Euros because many US players have been shed, and NO new ones are allowed to join, giving them an increasing player base likely to identify more with the Euro than the US Dollar. The legalisation of "remote gambling" in the UK, and regulatory frameworks within the EU makes the Euro the best choice for marketing such a big event. We may even see more tournaments converted to Euros, whereas all until now have used the Dollar.
 
I pretty much play the free ones and the vip. I've only did a rebuy on one feeder as I can't compete with those that have over 3mil points and hundreds of thousands in coins. I don't believe a US player will win due to UIGEA. If they can't pay out progressives how in the world would they pay out a mil.:rolleyes:
 
Oh, I do have another question. Is the prize paid in the currency the player plays in? Or is it in euros, with all the rebuys and/or continues being converted to euros as well?

All of the prizes, rebuys etc are in Euros and will be converted at the time of purchase/payout.
 
Grand Slam Terms

I have been offered THREE seats so far:p

I don't think it matters though, as you only need ONE because of "unlimited" rebuys.

Perhaps there are unlimited re-buys, but I think the real advantage would come from continued play which are limited.
From Jackpot Factory T & C's:

Grand Slam of Slots 1,000,000 Tournament Rules
Each player will receive 9,000 coins with one hour Play Time in which to play them.
Play will end once the player has used up all 9,000 coins or 1 hour passes whichever comes first.
A player may choose to purchase up to three (3) Continue Play options:
?Playing time: 30 minutes
?Coins: 4,500 coins
?Costs: 20
Minimum bet: 1
Maximum bet: 75
Minimum number of players: 482
Maximum number of player: 9,000
Only a players highest score will be recorded and added to the leaderboard and qualify for a prize. Previous lower scores will not qualify for any additional prizes.

Also note.. limited to 9000 players? Does anyone think this gives you great odds? :confused:
 
There are 450 prizes, starting with 1000 euros. Some of them are very odd positions.

So, I figure that is 1 in 20 chance of 1000 euros or better. I remain optimistic.

Hmmm... I see the payout starts at 1 Million and quickly go down from there as shown here:
Position Prize No of winners
1st 1,000,000 1
2nd 50,000 1
3rd 25,000 1
4th 10,000 1
5th 7,500 1
6th-10th 5,000 5
11th-20th 2,500 10
21st-50th 1,000 30
51st-150th 500 100
151st-250th 250 100
251st-450th 100 200
Specials* 1,000 32

* Special prizes will be awarded to lucky Grand Slam players after the close of the tournament.

i.e. to qualify for a 1000 Euro or better prize, you have to place in the top 50... so, how can that be 1 in 20 when there are 9000 players? And what do you mean re. "very odd positions" unless you are referring to "special prizes" which still, from what I can see does not give you a 1 in 20 chance by any stretch. I share your optimism because it sure beats lottery odds, but....
 
Hmmm... I see the payout starts at 1 Million and quickly go down from there as shown here:
Position Prize No of winners
1st 1,000,000 1
2nd 50,000 1
3rd 25,000 1
4th 10,000 1
5th 7,500 1
6th-10th 5,000 5
11th-20th 2,500 10
21st-50th 1,000 30
51st-150th 500 100
151st-250th 250 100
251st-450th 100 200
Specials* 1,000 32

* Special prizes will be awarded to lucky Grand Slam players after the close of the tournament.

i.e. to qualify for a 1000 Euro or better prize, you have to place in the top 50... so, how can that be 1 in 20 when there are 9000 players? And what do you mean re. "very odd positions" unless you are referring to "special prizes" which still, from what I can see does not give you a 1 in 20 chance by any stretch. I share your optimism because it sure beats lottery odds, but....

My mistake, 1/20 at 100 euros or better. And the specials come in a weird positions:

Special Positions- win 1,000 each: 76th, 128th, 178th, 227th, 277th, 332nd, 376th, 474th, 568th, 753rd,947th, 1,177th, 1,627th, 2,013rd, 2,458th, 2,944th, 3,232nd, 3,506th, 3,827th, 4,020th, 4,242nd, 4,588th,5,000th, 5,655th, 5,927th, 6,363rd, 6,941st, 7,126th, 7,411st, 7,813rd, 8,007th and 8,328th.

I'm gonna jockey for that 8007th place :lolup:
 
Special Positions- win 1,000 each: 76th, 128th, 178th, 227th, 277th, 332nd, 376th, 474th, 568th, 753rd,947th, 1,177th, 1,627th, 2,013rd, 2,458th, 2,944th, 3,232nd, 3,506th, 3,827th, 4,020th, 4,242nd, 4,588th,5,000th, 5,655th, 5,927th, 6,363rd, 6,941st, 7,126th, 7,411st, 7,813rd, 8,007th and 8,328th.

...and don't forget the all-important Casinomeister position:

Link Outdated / Removed

:)
 
Perhaps there are unlimited re-buys, but I think the real advantage would come from continued play which are limited.

Actually, trade, let me clarify this. You get an unlimited number of Rebuys, and with each Rebuy, you can use up to three Continue Play options.

And for those of you who havent yet won a ticket in a feeder tournament, dont worry - theres still time. Jackpot Factory casinos will be running some special promotions where you can win a ticket to the Grand Slam of Slots by playing in the casino, so stay tuned.

You can also jump to the head of the line and purchase your ticket directly for 150 by contacting our customer support.

Good luck to everyone!

David
 
Actually, trade, let me clarify this. You get an unlimited number of Rebuys, and with each Rebuy, you can use up to three Continue Play options.

And for those of you who havent yet won a ticket in a feeder tournament, dont worry - theres still time. Jackpot Factory casinos will be running some special promotions where you can win a ticket to the Grand Slam of Slots by playing in the casino, so stay tuned.

You can also jump to the head of the line and purchase your ticket directly for 150 by contacting our customer support.
Good luck to everyone!

David

How come:confused:


These tickets are supposed to be STRICTLY "non-purchasable" according to the rules MGS have for this.

Players who have spent hundreds of bucks trying to WIN one of these tickets are going to be VERY p1$$ed off to hear that they could simply have sidled up to JF support and BOUGHT one for 150.

This also seems to contradict the limit of 9000 players. OTHER casinos are still encouraging players with promotions in which they can win one of these tickets, yet if they are to be had for PURCHASE at cost, then surely it makes sense for players to forget about trying to WIN one elsewhere, and just go and BUY one.

This will p1$$ off the other OPERATORS, who will in turn go after MGS.
 
I managed to win a seat via one of the 5 freeroll tournaments Red Flush has been running this week. I thought for sure that one of the guys that finished just below me would re-buy and knock me off, but thankfully they didn't.

I was also surprised that there has only been about 100-150 entries in each tournament.

I think they've still got one left today and another tomorrow if anyone has an account there.
 
My hope is that one of our forum friends wins the big one that would make me very happy:D so whoever gets in glglgl to all.


pevangel:)

Ditto that! GL everyone.:)

I received an email from 32Red,(as I downloaded and can only play for fun as I am an American player). I replied saying that I am "banging my head on the table" because I can't play for real.:mad:

Teasers!;)
 
My mistake, 1/20 at 100 euros or better. And the specials come in a weird positions:

Special Positions- win 1,000 each: 76th, 128th, 178th, 227th, 277th, 332nd, 376th, 474th, 568th, 753rd,947th, 1,177th, 1,627th, 2,013rd, 2,458th, 2,944th, 3,232nd, 3,506th, 3,827th, 4,020th, 4,242nd, 4,588th,5,000th, 5,655th, 5,927th, 6,363rd, 6,941st, 7,126th, 7,411st, 7,813rd, 8,007th and 8,328th

Where did you find out the positions ? are these correct or was you just guessing ?
 
I had an account at all jackpots long before they stopped taking us players so I have won a couple of tournaments for free tickets and also cashed out with no problem
 
yay, I won an entry! It only cost me about $32 - which was wasted anyhow since I only got a *really* good hit the first round and after that I couldn't buy a win. :rolleyes: So I was in first place after round 1 and got knocked down to 6th by the time it was done, but I did get my entry! Plus 25 euros which they still haven't credited me....
 
I just got a mail from All Jackpots:

Tickets to the Grand Slam of Slots are now 50% off! You can now buy your guaranteed seat in the 1,000,000 tournament for just 75.

Yes, got that one too, very surprised, thought they could only be won in tourneys.
Just played 5 Avalon tourneys in a row (4 rebuys) at Royal Vegas, 50 minutes Avalon without a single free spin!!:mad::mad::mad:
Should have saved the cash and buy an entry..
 
This is heading for a PR "train wreck".

Firstly, we were LIED to by MGS, who claimed it was IMPOSSIBLE to buy your way into the Grand Slam, and you had to WIN a seat. Although some feeder tournaments were free, some COST MONEY. I expect many players went "chasing", and spent a considerable amount of money trying to win a seat.

THEN, there was the curiosity of Jackpot Factory announcing that you COULD, after all, simply BUY a seat for 150 - yet at the SAME TIME Red Flush were using promotional material containing "you cannot buy these....etc..." when announcing new events whereby seats could be won.

Players who could not seem to win a seat, or didn't want to chase a win at unknown cost, then paid 150 for one, so that they could relax, and know they had a chance.

Now, they are 50% off, but what about any players who paid 150, especially if this was mere DAYS before the cut to 75.

Can we still trust MGS?

Will they cut the price again, or even just "dump" the remaining tickets for a pittance?

NEXT time MGS put on a "grand slam" style tournament, DON'T bother chasing tickets through the feeders (except FREE ones of course), just wait long enough, and tickets that "money can't buy" will eventually come up for sale, and hold out long enough, may even be sold off cheap.

There are STILL 20 days left, so why the big hurry & 50% sale?
 
This is heading for a PR "train wreck".

Firstly, we were LIED to by MGS, who claimed it was IMPOSSIBLE to buy your way into the Grand Slam, and you had to WIN a seat. Although some feeder tournaments were free, some COST MONEY. I expect many players went "chasing", and spent a considerable amount of money trying to win a seat.

THEN, there was the curiosity of Jackpot Factory announcing that you COULD, after all, simply BUY a seat for 150 - yet at the SAME TIME Red Flush were using promotional material containing "you cannot buy these....etc..." when announcing new events whereby seats could be won.

Players who could not seem to win a seat, or didn't want to chase a win at unknown cost, then paid 150 for one, so that they could relax, and know they had a chance.

Now, they are 50% off, but what about any players who paid 150, especially if this was mere DAYS before the cut to 75.

Can we still trust MGS?

Will they cut the price again, or even just "dump" the remaining tickets for a pittance?

NEXT time MGS put on a "grand slam" style tournament, DON'T bother chasing tickets through the feeders (except FREE ones of course), just wait long enough, and tickets that "money can't buy" will eventually come up for sale, and hold out long enough, may even be sold off cheap.

There are STILL 20 days left, so why the big hurry & 50% sale?

Exactly my thoughts, why are they dumping them 3 weeks before the start?
Palace Group is selling them too now, but for 150 still.:confused:
Maybe they did not make enough money from the feedertourneys?
I find that hard to believe, I've seen feeders with unlimited continueplay options, people went nuts to win, the top 20 from a TR tourney (at Villento) all had millions of coins in their winboxes (no.1 had over 6 million:eek2:), must have cost a fortune and now everyone can just buy one?!
:confused::confused:
 
Exactly my thoughts, why are they dumping them 3 weeks before the start?
Palace Group is selling them too now, but for 150 still.:confused:
Maybe they did not make enough money from the feedertourneys?
I find that hard to believe, I've seen feeders with unlimited continueplay options, people went nuts to win, the top 20 from a TR tourney (at Villento) all had millions of coins in their winboxes (no.1 had over 6 million:eek2:), must have cost a fortune and now everyone can just buy one?!:confused::confused:

THESE are the players who have been thoroughly screwed. This is NOT the same as the market economy. I'll bet this doesn't happen in POKER, or any other kind of fixed buy in event.

These players went "nuts" because the MGS publicity machine said these tickets were most definitely NOT FOR SALE, and there was NOTHING in the small print that would even permit this.
The 150 was a nominal price, so we were told, but clearly this price was set with the intent all along to open up places for sale should they be unable to allocate all 9000 seats by the published means.

Now we have a FIRST, a tournament who's buy in has been HALVED whilst the process is in progress, with some players having gone "nuts" to secure a seat through winning a feeder, some having bought one for 150, and now they are going for 75.

This is a HUGE blunder for MGS, but they don't know it yet. They will find out NEXT time they try to put on a big event such as this, and I'm sure they fully intended that "Grand Slam" would be the first in a line of big prize "super tournaments" run on the Multi-Player tournament network.

Next time, they may find players VERY reluctant to chase down a ticket by paying for continues and rebuys, or even buying in to feeders. They may just hold out, remembering that in the remaining few weeks before the start the tickets may well be sold off, and even be cut price.

Selling these tickets off cheap hurts players already qualified in another way. It PREVENTS them from getting value for money, which WOULD have been the case had MGS stuck to the initial rules, with those players that won seats having fewer than 9000 rivals to play against, thus increasing their odds of winning a prize.

Surely, it is only in the Grand Slam itself that there can be any justification for "going nuts", with a prize of 1M if it pays off, rather than merely one of 9000 tickets in another tournament.
 
While it's true this would not have happened in poker your analagy is not very meaningful. In poker very good players will just but a seat at face value knowing they have a big EV advantage over players of lesser ability. But this can't be the case with slots. The true value of these tickets can never be much more than 111 so any player who spent vast amounts in feeder tournaments was miscalculating anyway.

This sort of thing happens all the time in real life. It's just demand and supply at work. Yes it is harsh on some players but for others it will be an opportunity. And if it's 9000 players or 8000 does not affect the ticket value much.

It must be hard to gauge something like this when you run it for the first time. But if it means they will run it again it must be in the interests of most players. This is still a very new industry and there are bound to be mistakes.

How does this tournament work? Are there rebuys involved? If there are then you would have to have very deep pockets to even stand a chance. If there are rebuys then it is hardly worth doing IMO. You could get a footballer etc who would think nothing of punting 20K at it. It could well attract professional syndicates and the like.
 
Just received an Email from Ladbrokes that I've won an entry to the final!:D
Must have been that Loaded tourney last week, already forgot about it.
Came in 8th position, but with 5 days left never thought I would keep that (only the top 10 would receive an entry) but I did..nice!:)
 
While it's true this would not have happened in poker your analagy is not very meaningful. In poker very good players will just but a seat at face value knowing they have a big EV advantage over players of lesser ability. But this can't be the case with slots. The true value of these tickets can never be much more than 111 so any player who spent vast amounts in feeder tournaments was miscalculating anyway.

This sort of thing happens all the time in real life. It's just demand and supply at work. Yes it is harsh on some players but for others it will be an opportunity. And if it's 9000 players or 8000 does not affect the ticket value much.

It must be hard to gauge something like this when you run it for the first time. But if it means they will run it again it must be in the interests of most players. This is still a very new industry and there are bound to be mistakes.

How does this tournament work? Are there rebuys involved? If there are then you would have to have very deep pockets to even stand a chance. If there are rebuys then it is hardly worth doing IMO. You could get a footballer etc who would think nothing of punting 20K at it. It could well attract professional syndicates and the like.


I later checked, only around 3500 are showing as currently registered. Perhaps MGS are in a panic:D

By cutting price, and inflating the number of entrants, there will be a bigger pool of players available who might be tempted with rebuys, which are a mere 20.

What IS a bit "slimy" on the part of MGS is that when the Grand Slam was launched, MGS said CATEGORICALLY that these tickets were NOT for sale, but ONLY available to be WON. NO matter HOW many players took part in the various feeders, promos, etc the tickets ALLOCATED to these events MUST have been WON by SOMEONE.
Now, there are tickets to BUY. This suggests that all along MGS INTENDED tickets would be FOR SALE as well as available to be won, so yes, players who were given FALSE INFORMATION early on, WERE screwed if they acted upon it and spent fortunes trying to win these "exclusive" tickets.

It will be MGS who get screwed NEXT time though, if they run another "Grand Slam", because I am sure that when MGS start out with the "these cannot be bought........" BS early on, players will remember what happened THIS time, and may decide to call MGS's bluff, and NOT spend fortunes chasing the tickets, but sit back, watch the numbers registered, and wait for the inevitable "fire sale" if the take up from ticket winners seems low.

It would have been better to run more feeder tournaments to get rid of this "surplus stock". MGS would have got themselves the numbers, but WITHOUT any accusations of a "U-Turn" over the "cannot be bought" status of the tickets.

This is NOT the ONLY time I have seen a tournament advertised only for "winners of feeders", but found that you can simply BUY your way into the final at the last minute.

It seems that MGS CAN ALWAYS BE BOUGHT:D
 
Yes as you say there doesn't really seem to be any excuse when you put it like that. The poker guys always seem to be able to work out these feeders expertly and it would have been a far better approach than just selling them.

Somehow MG have not been good at getting the message accross about this Grand Slam. I have personally been put off by the rebuy element. Especially if they are unlimited. It pretty well excludes the social player as you will get professionals who will do hundreds of rebuys if they think it is the correct play. Are the rebuys unlimited?
 
Yes as you say there doesn't really seem to be any excuse when you put it like that. The poker guys always seem to be able to work out these feeders expertly and it would have been a far better approach than just selling them.

Somehow MG have not been good at getting the message accross about this Grand Slam. I have personally been put off by the rebuy element. Especially if they are unlimited. It pretty well excludes the social player as you will get professionals who will do hundreds of rebuys if they think it is the correct play. Are the rebuys unlimited?

I looked in earlier today, around 3700 registered, not very promising for MGS, and shows a lack of interest in the current "fire sale".

Remember, many players will have SEVERAL seats, because MGS decided that they would let players win a ticket PER CASINO.

I have to admit I was "sitting pretty" from the outset, and most certainly have NOT been screwed, as I was given a FREE VIP PASS at All Slots, one of the first 200 to be registered.

Rebuys are a mere 20, so WHY would I bother buying ANOTHER seat, even at 75. The cost of entry ONLY covers the FIRST ROUND too!!! there are THREE continues.

Rebuys are set at 999, but are billed as "unlimited". Maybe it really IS only 999, with "unlimited" meaning no player will have the time to get through all 999 rebuys in the time allowed.

Professional players may well consider repeatedly paying 20 for another shot is more than worth it because of the staggering top prize. All they need is ONE cracking first round at this rather low variance slot (Tomb Raider), and they may have enough for first prize.
Niow for high rollers, what slot costs 20 per spin, with a chance of a 1,000,000 line win (other than a Mega Moolah class progressive).

To try 1000 times would take 20,000 - and a few "professional" types might think it worth the investment because they will be up against a VERY SMALL number of like minded and dedicated players. Social players may just have a few rounds, or maybe even stick with the round they won (or got free). For these "professional" high rollers, their "status" would probably qualify them for bonuses on their 20,000 deposits, which in turn could cut the amount of their own money used.

For an MG casino with no game restrictions, as soon as you only have bonus balance left (which you cannot use for tournaments), bet 20 on Red or Black (Roulette), or a 20 BJ bet, and you could fund quite a few rebuys by repeatedly using any win that creates cash balance for the Grand Slam, and trying again with the bonus to win another 20.

The levelling factor of course is the 1 hour max playtime, "professional" players with fast, tuned, PCs will have NO advantage over those with slower PCs, or a slow internet connection, UNLIKE the regular tournaments, where a speedy kit gives a degree of advantage.
 
If you have unlimited rebuys the true value of the original ticket is almost zero for the social player. This is why MG are more than happy to sell them at 75. They will have got their sums right and calculated the average rebuy amount which is what will bump up the take so much.

How long will the original entry last? Can you vary your stake size or do you all play at the same stake? Whichever it is it must be designed to make sure a lot of players bust out early and rebuy. Also I am not clear about the THREE continues you talk about. Is this different to the rebuys?

I hope MG are reading this. To me as a casual player it seems incredibly complicated to the point where I am frightened off. If I could pay a certain amount say 50 and compete for a big prize in a fair game then I would definitely be interested. 50K would do me let alone 1 million. But this competition seems shrouded in mystery. I am too worried I am competing against a syndicate with some monstrous pc configuration that will give me zero chance. I would like to play but this seems like a comp strictly for the professionals.
 
Another classic from the mighty Ladbrokes.

Rearrange these two words Mr. Ladbrokes sir thingymebob -

REBUYS UNLIMITED

So what's with the highlighted entry in red?

FFS. Either you are missing the point completely (which is more than likely considering the fact that you are still employing electronically tagged teenage delinquents) or you are treating your customers like idiots.

Yuk, yuk, yukkety yuk.
 
Another classic from the mighty Ladbrokes.

Rearrange these two words Mr. Ladbrokes sir thingymebob -

REBUYS UNLIMITED

So what's with the highlighted entry in red?

FFS. Either you are missing the point completely (which is more than likely considering the fact that you are still employing electronically tagged teenage delinquents) or you are treating your customers like idiots.

Yuk, yuk, yukkety yuk.


Nothing, it is an MGS condition, not a Ladbrokes one. In fact, MGS had a change of heart, and an individual player can now have MORE than one entry, but at DIFFERENT casinos.

A ticket for a player WITHOUT an entry may be worth paying 75 for, or even competing for, but because of the "unlimited" rebuys at 20, it makes no sense for a player who ALREADY has a seat to compete/pay for another, as it would merely be another "free rebuy", worth 20.

Players who feel they have no chance against "professionals" attracted by the large first prize may well be right BECAUSE rebuys are UNLIMITED, and thus may be reluctant to part with even 75 for a go as a "social player".

For "social" players to have a fair chance, rebuys should have been restricted to a small number per seat, such as is the case for the Weekender (it was last time I looked).
 
There was always going to be a mad rush to dump free tickets - and the problem I initially thought about that was what's stopping the casinos from dumping these tickets to friends of employees and whatnot.

Now, they're selling them off *and* offering unlimited rebuys basically. It's probably slightly better than canceling the tournament (which I suspect they've considered at some point), but only marginally less 'unethical'.

If their intent was always to sell tickets at some point, then I completely agree with vinylweatherman - that's REALLY out of line from MGS and players would have gotten screwed had they acted on the assumption that MGS would stick to their word with the whole "tickets must be won" policy.
 
I think it was foreseeable that tickets would be handed out at reduced prize towards that start of the tournament. As for someone who paid 150 for a ticket, well you can buy expensive jacket from a shop for a full prize or wait until it is on 50% sale, so I don't see how this would be different from that.

Also it not difficult to estimate that the true value of Grand Slam ticket is around 20 - 50 (depending on average number of re-buys per player, which I estimate is somewhere between 5-10) so paying anything more than that is a bad decision EV wise, but then again someone might still be willing to pay 150 for just a very small chance to get the jackpot.

Winylweatherman said:
A ticket for a player WITHOUT an entry may be worth paying 75 for, or even competing for, but because of the "unlimited" rebuys at 20, it makes no sense for a player who ALREADY has a seat to compete/pay for another, as it would merely be another "free rebuy", worth 20.

The one difference with another seat would be that you can have more than one winning position whereas with re-buys only the highest score counts and you won't get payout for a second highest score even if it was high enough to get a prize.
 

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