I didn't want to hijack bboy's thread but I was wondering (in case I make it there one day) what are the pro's/cons, advantages/disadvantages, etc. of chopping a tournament when it gets down to the last few players?

__________________
If you're looking to borrow money or have someone give you money in order to play poker online please don't contact me... Click Here for help , and explain your situation.

To chip in with some more questions. How are chops organised for online tournies? Does someone need to contact the site admin, is the game paused during negoations? Do different sites have different rules?

Cheers

__________________
I love him who is ashamed when the dice fall in his favour and who then asks: Am I then a cheat? for he wants to perish.

The only site I know of that allows chops is party.

Many sites offer Chops. Stars and Party do. Check the Tourny FAQ and rules pages on their websites before playing to be safe.

A chop, or deal, is a way for everybody to go home happy. You never want to leave the final three feeling like you could have done better, and the last three guys have gone too far to have their hearts broken now. So you split up the pool to give everybody a good payday.

The way a deal should be made needs to be agreed on by EVERYBODY. Make sure you get consent from each player in the chat box. Most sites will not do a deal until every body has consented. They also consider the chat to be a binding contract. So you (or another) cannot chenge their mind after agreeing to one. When you do reach a deal, jsut contact Support in some form and they will send somebody to the room to broker the deal. Usually the bigger tournys ($20+ im guessing) usually have a rep stop in during the last few people are left to see if a deal is in the works to save time. Once the deal has been made, you can finish the tourny, or leave. Usually most people like to finish it and see who is the winner, so they leave a little bit of the pool for who ever gets first place.

Math wise, you are entitled to the last place money + your % of the pot in equity. Example. There are three people left, First gets $200, 2nd $100, 3rd $50. A has 50k in chips, B has 30k, and C has 20k. Since each person can do no worse than 3rd, they are each guaranteed $50, so they have to chop the remaining $200. Since A has 50% of the chips, he has 50% equity in the remaining pool, for a total of $150. B has 30%, for $110. And C has %20 for $90. Quite often, each player will kick in an equal amount for first, say $10 each in this case. So It would be $140, $100, and $80, with first getting another $30.

Whatever you do, make sure Everybody is happy, especially yourself. Never sell yourself short, and NEVER get less than your equity.

__________________

What do you think of a situation like this that I saw at a final table recently?

3 players left, they all sit out while support is contacted. Support comes and manually pauses the tourney while the chop is hashed out. Support guy gives the figures for what everyone is due based on their chip counts.

Guy in 3rd is BARELY behind guy in second and ponts out that he was button when they sat out, but is out SB and BB at time support paused the tourney. If they let it go till he was button again, he would be owed more than the person currently in second because of where the blinds were when they quit.

When this guy brought it up before agreeing to the chop, all the railbirds start flipping out about him being a little bitch and all that, so he gave in and said the chop was fine before any discussion took place on the issue.

To me, I'm not giving up the $200-$300 difference just to please some fucking railbirds, and I think the guy was totally justified in bringing this up.

Thoughts?

I would have snapped on those guys, they arent in the tourny anymore...so they should fuck off.

they let railbirds talk in chat @ final tables?? thats a travesty.

__________________
I get more ass than a toilet seat. All shapes/colors/sizes.

caution:
http://girlvideos.blogspot.com/

On PS at least, there is observer chat, but it is limited to people with a buy in for the tournament being played.

If my chip count was within someone else's by an amount < BB+SB, I would want to be considered equal in equity with the other person. I would consider this fair whether I was slightly ahead or behind in chips.

__________________
"There is a good chance I gave you a very bad description of something that doesn't work."

I agree with ypieast. If you're within a couple blinds of a place, you should be considered equal.

I argued this point in a live tourney, and nobody disputed.

__________________
Chuck Norris put the "laughter" in manslaughter..