What’s New In Round 2

The core principles of PIFT will remain in tact, but after lots of feedback and comments from players and Canterbury as well, we’re implementing a few changes for our July 20-22 events at Canterbury Park:

A few structure tweaks

While still acknowledging our aim of providing fun one day tournaments, we’ve heard those of you who thought the tournament starts off just a little bit too quickly.  The blinds and antes themselves remain unchanged for each level, but we have given everyone 2,000 more chips than last time.  That means in Friday’s $80 and Sunday’s $100, all players start off with 10,000 chips (last year, the Sunday $180 began with 8,000), and our Saturday $250 this year you’ll get 12,000 chips (last year, it was 10,000 in the Saturday $450).  Additionally, we’ve lengthened things just a bit for this year’s Saturday compared to last year.  Last year it was 20 minute levels until the end of the buy in period, then 30 minutes after.  This year, it’s 30 minute levels the whole time.  To see the structure as it is currently planned for this year, click here.

Charity Is Winning More

Our goal is to always ensure that you, the player, still has a respectable prize pool left to play for.  But enough of you said last time that 1% of the prize pool going to charity just wasn’t enough.  So this time we’re upping the ante and having roughly 5% of the prize pool go to the Ronald McDonald House.  On Friday of the $60 that is left of the prize pool, $3 is going to charity (5%).  On Saturday, of the $208 that is left of the prize pool, $10 is going to charity (4.8%).  On Sunday, of the $80 that is left in the prize pool, $4 is going to charity (5%).  Which brings us to the next point…:

PIFT is Donating Too

That’s right.  For Saturday’s $250, for every entry in the tournament, PIFT is donating $.40.   We’re doing this both to get in on the action, and because our goal was 5% of the prize pool going to charity, and this $.40 means the $10 plus our $.40 is exactly 5% of the $208 prize pool on Saturday.  We did it this way instead of just taking $10.40 out of the prize pool to simplify it for payouts and keep the prize pool from having any change in it.  So please, DO PLAY and stick PIFT for the 40 cents a pop!  Heck, even rebuy a few times and really get us good, which nicely transitions to the next change…

Four Total Entries Allowed Per Event

A lot of people requested this.  Their reasoning was simple and sound: “Every buy in benefits charity too, why limit how many times we can rebuy?”  Touche.  We see the point, and are trying to finesse a happy medium between unlimited rebuys, and no rebuys.  Our whole reasoning for not having unlimited rebuys is to make it so a recreational player doesn’t have to go through a seasoned pro half a dozen times in a tournament.  But we also want to raise as much as we can for charity, as possible.  Hence, upping the max buy ins allowed from 3, to 4.

Payout Charts Touched Up

Our goal is still to be paying at least 15% of the field, that hasn’t changed.  But this time, we’re also aiming to get a min-cash right around 2x the buy in, most primarily.  We see this as serving a few positives: 1) it makes any cash more worth your time invested.  2) In theory it becomes a bit easier to want to rebuy when you know a min cash means you likely won’t be down much, if at all those times you do cash an event.  We will be releasing the new and improved payout charts soon, with a comparison showing how last year’s events look with the new payout chart compared to last year’s payout chart.

Slightly Smaller Buy In Sizes

We know there will be a chunk of people disappointed by this, but overall, based on feedback received, we think this move is for the greater good.  Plus, with “Crazy Pineapple,” PIFT had to factor in that over 1/4th of the people who voted in our social media polls, replied saying they didn’t even know what “Crazy Pineapple” is (and we’re guessing those following us on social media are going to be slightly more plugged into poker than those who aren’t).  This is a hurdle for us to overcome, and definitely an easier hurdle to tackle at the lower price points.  For those of you disappointed the “Crazy Pineapple” options will only be $80 and $100, please consider that these events, in many way, are a litmus test of sorts…  If they go well, in the future it will be way easier not only for PIFT to offer a higher buy in “Crazy Pineapple” option, but also it’s even easier for us to dive into even more exotic and risque twists because you the players told us that “yes, I do want to support trying out something different.”

A Revamped Social Media Effort

We did a decent job with utilizing our twitter account last year.  Not quite as well with Facebook.  Non-existent elsewhere.  This year, we’re going to kill it on Twitter (follow us @piftpoker), kill it on facebook (follow us @piftpoker), and even become regularly active on YouTube with our own channel (check it out here) in the coming days and weeks.