teaulc Posted February 29, 2012 Share Posted February 29, 2012 If you thought recent giveaways have been crazy, then get those straitjackets ready as we've gone certifiably insane with the Spring Sales. From Monday, April 2 through to Saturday, April 7, you'll be overdosing on overlay with price cuts on an incredible seven events starting with the $500+35 High Roller Monday event, now just $200+15. We'll still be keeping the fantastic guarantees, but we've gone bonkers with our prices with discounts of up to 80 percent. For example, Monday Night Omaha was $100+9; it's now just $20+2 with the exact same $5,000 guarantee! The complete lineup is as follows and includes two new $5+0.50 tournaments, both with $5,000 guaranteed prize pools: Mon, Apr 2 (19:45) - High Roller Monday $40,000 GTD $500+35 NLH Freezeout (Reduced by 60% to $200+15) Mon, Apr 2 (20:00) - Monday Night Omaha $5,000 GTD $100+9 PLO Freezeout (Reduced by 80% to $20+2) Tue, Apr 3 (16:00) - Super Tuesday Warm Up $5,000 GTD $5+0.50 NLH Rebuy Tue, Apr 3 (19:45) - Super Tuesday $40,000 GTD $100+9 NLH Rebuy (Reduced by 70% to $30+3) Wed, Apr 4 (19:30) - Wednesday $30,000 GTD $30+3 NLH Rebuy (Reduced by 60% to $12+1) Thu, Apr 5 (19:45) - €15,000 GTD €100+9 NLH Freezeout (Reduced by 60% to €40+4) Fri, Apr 6 (19:00) - Friday $60,000 GTD $100+9 NLH Rebuy (Reduced by 75% to $25+2.50) Sat, Apr 7 (14:00) - Saturday Warm Up $5,000 GTD $5+0.50 NLH Freezeout Sat, Apr 7 (18:30) - Saturday $40,000 GTD $100+9 NLH Freezeout (Reduced by 65% to $35+3.50) The Sales don't end there: the first $200,000 Guaranteed of April, June and July will all come with a mere $100+9 buy-in in the Sunday Blast promotion, meaning you can play iPoker's biggest tournament for half price. Daily satellites for the Sunday Blast and Spring Sales will be available from March 5 on Black Belt Poker. Quote Link to comment Share on other sites More sharing options...
bigbadken Posted February 29, 2012 Share Posted February 29, 2012 Re: BlackBelt Poker go discount crazy for April 2012 Almost sounds dodgy to me, when something seems to good to be true, it usually is. Quote Link to comment Share on other sites More sharing options...
GaF Posted February 29, 2012 Share Posted February 29, 2012 Re: BlackBelt Poker go discount crazy for April 2012 Almost sounds dodgy to me' date=' when something seems to good to be true, it usually is.[/quote'] Assuming no overlays, doesn't this promotion just represent lower buy ins and higher rake? Or am I missing the point? Quote Link to comment Share on other sites More sharing options...
Bart(UK) Posted February 29, 2012 Share Posted February 29, 2012 Re: BlackBelt Poker go discount crazy for April 2012 It's usually a sign that the tournaments are already meeting the guarantee each week and rather than increase the guarantee they will try to attract more players into playing them by reducing the buyin. Rake remains at 10% as far as I can see. They've probably allowed for an overlay as a loss-leader, but with more players attracted to play the guarantee may well still be met or near enough to have just a small overlay. e.g. Thu, Apr 5 (19:45) - €15,000 GTD €100+9 NLH Freezeout (Reduced by 60% to €40+4) at €100+9 they'd need 150 entries to cover the guarantee (and are probably getting more than this usually already), at €40+4 they'd need just 375 entries to cover it. If they were already getting 200 entries, they'd need just 175 more from the reduction in buyin & increased promoting/coverage, If they were already getting 250 entries, they'd need just 125 more etc. I don't personally see a catch, just a standard attempt to get more people playing. They're happy to take a small loss temporarily if it gets more people through the door. Quote Link to comment Share on other sites More sharing options...
CowsOnTilt Posted February 29, 2012 Share Posted February 29, 2012 Re: BlackBelt Poker go discount crazy for April 2012 Is blackbelt on ipoker? seemed to remember them doing this last year, dont think there was that many overlays (if any) Quote Link to comment Share on other sites More sharing options...
GaF Posted February 29, 2012 Share Posted February 29, 2012 Re: BlackBelt Poker go discount crazy for April 2012 Rake remains at 10% as far as I can see. at €100+9 they'd need 150 entries to cover the guarantee (and are probably getting more than this usually already), at €40+4 they'd need just 375 entries to cover it. Rake increased from 9% to 10% in that example. I'm not necessarily arguing that there is a catch per se, rather that it is misleading. The implication is that (using the example in your figures) for €44 you will get a €109 entry and somewhere along the way someone else is adding the €60 to the prize pool, which, so far as I can see, they arent. And Black Belt arent the only ones that promote this kind of "sale" - it just seems pretty ridiculous to me - the buy in is being reduced, and so is your equity in the prize pool - there's no special offer - just a lower buy in tournament. Quote Link to comment Share on other sites More sharing options...
luckboxnemo Posted February 29, 2012 Share Posted February 29, 2012 Re: BlackBelt Poker go discount crazy for April 2012 ipoker have done this prev its just to get more players playing the events Quote Link to comment Share on other sites More sharing options...
Burnley Joe Posted February 29, 2012 Share Posted February 29, 2012 Re: BlackBelt Poker go discount crazy for April 2012 Yeah its across the whole Ipoker network, they do it every six months Quote Link to comment Share on other sites More sharing options...
teaulc Posted March 1, 2012 Author Share Posted March 1, 2012 Re: BlackBelt Poker go discount crazy for April 2012 Easter is almost upon us, but before you unwrap your chocolate treats, Black Belt Poker have some Easter Eggs of our own. Only yesterday, we announced details of the Spring Sales, in which seven of the network's most popular tournaments will enjoy discounts of up to 80 percent during the opening week of April, yet maintain the same juicy guarantees. See here for more information. The Sales are a bargain and will undoubtedly save you huge amounts of your bankroll, but Black Belt Poker have an even better deal… At 18:00 on Sunday, April 1, we're giving you the opportunity to win entry into all nine events of the Spring Sales, including the $200+15 High Roller Monday. Meanwhile, every single finalist will receive a seat into one of the other events. 1st Prize - Spring Sales Package (all nine events) 2nd Prize - €15,000 GTD (€40+4) 3rd Prize - Saturday $40,000 GTD ($35+3.50) 4th Prize - Super Tuesday $40,000 GTD ($30+3) 5th Prize - Friday $60,000 GTD ($25+2.50) 6th Prize - Monday Night Omaha ($20+2) 7th Prize - Wednesday $30,000 GTD ($12+1) 8th Prize - Saturday Warm Up ($5+0.50) 9th Prize - Tuesday Warm Up ($5+0.50) The Spring Clean Freeroll is exclusive to Orange, Purple and Green Belts, meaning that if you are a minimum of Orange Belt by the turn of the month, then you'll get to compete for the Spring Sales Package. To reach Orange Belt, you need just 500 Belt Points in your account, which equates to $250 of rake, or just $125 if using a Belt Boost. What's more, you have an entire month to achieve your goal. Orange Belt also comes with numerous other benefits including our weekly Orange Belt Freerolls, In March, you'll get to compete for prizes such a seat into the inaugural East End Live, and and shares in former Champion Neil Channing at this year's Irish Open. Quote Link to comment Share on other sites More sharing options...
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