WEBVTT 1 00:00:10.759 --> 00:00:13.679 Hello everyone, Welcome back to a brand new episode of 2 00:00:13.880 --> 00:00:17.199 The Poker Go Podcast. My name is Donnie Peters. His 3 00:00:17.359 --> 00:00:22.559 name across the table from me is Tim Duckworth. Looking amazing. 4 00:00:22.679 --> 00:00:26.559 Let me tell you, guys, this guy is keeping TikTok 5 00:00:26.679 --> 00:00:31.120 e commerce in business. He's got a pink I don't 6 00:00:31.120 --> 00:00:34.759 even know what is on this sweatsheet ready yet, No, 7 00:00:34.960 --> 00:00:37.200 I just know. I mean, it's definitely yeah, it's definitely 8 00:00:37.240 --> 00:00:41.159 a Halloween slash scary movie themed, which is fitting because 9 00:00:41.159 --> 00:00:44.119 it is October third, we are in the month of Halloween. 10 00:00:44.200 --> 00:00:47.679 So here we go. I guess a big episode today, 11 00:00:47.880 --> 00:00:52.159 not many topics, but I'm assuming we're gonna have some 12 00:00:53.079 --> 00:00:56.920 strong opinions, maybe some debate back and forth. Because the 13 00:00:56.920 --> 00:01:00.439 World Poker Tour finally announced its and I guess I 14 00:01:00.479 --> 00:01:05.000 should use quotation marks here guarantee, so we'll talk about that. 15 00:01:06.200 --> 00:01:09.640 We have the conclusion to WPT Australia, so sticking with 16 00:01:09.680 --> 00:01:12.719 the World Poke Tour brand, we'll hit on WPT Australia. 17 00:01:12.760 --> 00:01:15.359 That took place, and then some some big events happened 18 00:01:15.400 --> 00:01:17.920 online that we want to hit on. W s AP 19 00:01:17.959 --> 00:01:21.359 bracelets were handed out and we have a massive four 20 00:01:21.560 --> 00:01:25.680 million dollar winner that was part of it. It's also 21 00:01:25.840 --> 00:01:29.040 w s AP Bracelet season here in the US, so 22 00:01:29.120 --> 00:01:32.239 the Bracelet's never stop. It's WSP Europe. It's this WP 23 00:01:32.359 --> 00:01:37.840 that so WPT and WSP are the big topics on 24 00:01:38.000 --> 00:01:41.079 this episode. This episode of the Poker Gol Podcast is 25 00:01:41.079 --> 00:01:44.000 brought to you by the Poker Stars NAPT. The NAPT 26 00:01:44.159 --> 00:01:48.280 returns to Las Vegas in just under one month's time 27 00:01:48.400 --> 00:01:52.319 November one through tenth at Resorts World. The series is 28 00:01:52.359 --> 00:01:55.280 headlined by the fifty three hundred dollars buying three million 29 00:01:55.400 --> 00:01:58.239 dollar guaranteed main event schedule has buyings from two hundred 30 00:01:58.239 --> 00:02:00.280 and fifty dollars all the way up to twenty five 31 00:02:00.439 --> 00:02:04.159 thousand dollars, so there is something for everyone to learn more. 32 00:02:04.200 --> 00:02:09.000 You guys can visit Pokerstarslive dot com slash NAPT slash 33 00:02:09.120 --> 00:02:12.639 Las Vegas. Again, that's PokerStars Live dot com slash NAPT 34 00:02:13.120 --> 00:02:16.120 slash Las Vegas. And for those of you who are 35 00:02:16.120 --> 00:02:20.000 listening from Michigan, Pennsylvania or New Jersey, be sure to 36 00:02:20.159 --> 00:02:22.520 check out the Poker Stars Lobby on the daily for 37 00:02:22.639 --> 00:02:28.039 qualifiers and chances to win gold passes to NAPT Las Vegas. 38 00:02:28.280 --> 00:02:31.240 Tim and I are planning on being there at NAPT 39 00:02:31.360 --> 00:02:32.879 Las Vegas, and we hope to see you guys there. 40 00:02:32.879 --> 00:02:35.199 If you are there and you see us and you're 41 00:02:35.240 --> 00:02:37.800 a listener of this podcast, come talk to us. We 42 00:02:37.879 --> 00:02:40.400 love to meet the listeners. It's a lot of fun 43 00:02:40.439 --> 00:02:43.680 to hear you know who's out there. All Right, here 44 00:02:43.680 --> 00:02:47.719 we go WPT's announcement. It's here, Free roll baby, five 45 00:02:47.960 --> 00:02:50.319 million dollars free roll. That's the big announcement. 46 00:02:50.439 --> 00:02:51.479 Yes, love it. 47 00:02:52.080 --> 00:02:54.520 So I'll quickly set the table and then we'll just 48 00:02:54.599 --> 00:02:58.319 we'll just dive into it. So we had been waiting, waiting, waiting, 49 00:02:58.360 --> 00:03:00.879 as we talked about it many times on this podcast. 50 00:03:00.960 --> 00:03:03.599 You know, what is the WPT gonna do for its 51 00:03:03.680 --> 00:03:06.719 World Championship guarantee? Are they going to run it back 52 00:03:06.759 --> 00:03:08.840 with forty million? Are they going to decrease it? Is 53 00:03:08.879 --> 00:03:12.039 there any chance that they go higher? What did you say? 54 00:03:12.080 --> 00:03:15.719 You said fifty said, yeah, you're nuts. 55 00:03:16.360 --> 00:03:18.199 Not nuts. You asked me what would I do it 56 00:03:18.280 --> 00:03:19.800 if I was king for today, and I said I 57 00:03:19.840 --> 00:03:20.919 wouldn't match it, I wouldn't go. 58 00:03:21.560 --> 00:03:26.520 So they finally announced what they're doing, and what they 59 00:03:26.560 --> 00:03:30.599 are doing is a five million dollar free roll that 60 00:03:30.759 --> 00:03:35.840 is a marketing promotion for their new endeavor Club WPT Gold. 61 00:03:36.120 --> 00:03:38.919 So it is different than the regular club WPT that 62 00:03:38.960 --> 00:03:42.400 has been around for quite some time. We'll discuss exactly 63 00:03:42.400 --> 00:03:44.639 what it is, but that's that. That was the big announcement, 64 00:03:44.719 --> 00:03:47.039 a five million dollar free roll, what they are calling 65 00:03:47.400 --> 00:03:51.039 the largest free roll of all time in poker history, 66 00:03:51.039 --> 00:03:54.319 however you want to classify it. I believe that that's true. 67 00:03:54.319 --> 00:03:55.800 I don't know of any free role that was bigger 68 00:03:55.840 --> 00:03:59.960 than that. But it's interesting that they're they're kind of 69 00:04:00.039 --> 00:04:03.080 coming with that that marketing message because I'll get into 70 00:04:03.120 --> 00:04:03.960 that a little later. 71 00:04:04.360 --> 00:04:04.639 Now. 72 00:04:05.240 --> 00:04:10.759 That also comes with the announcement, or maybe lack of 73 00:04:10.759 --> 00:04:14.919 an announcement, that there isn't a guarantee on the ten 74 00:04:14.960 --> 00:04:19.000 thousand dollars World Championship. So all the eggs are essentially 75 00:04:19.040 --> 00:04:21.839 in this basket of this Club WPT Gold five million 76 00:04:21.879 --> 00:04:24.240 dollar free roll. It seems to be the heavy marketing push. 77 00:04:24.279 --> 00:04:26.680 Everything that you see on all the WPT channels, from 78 00:04:26.720 --> 00:04:29.800 all the WPT ambassadors, all that sort of stuff is 79 00:04:30.319 --> 00:04:32.360 free roll, free roll, free roll, five million dollars. We're 80 00:04:32.360 --> 00:04:35.199 going to be qualifying all these people into it. So yeah, 81 00:04:35.199 --> 00:04:37.920 so they're doing that on the back end of things, 82 00:04:38.279 --> 00:04:43.519 no guarantee for the World Championship. So I guess let's 83 00:04:43.560 --> 00:04:46.800 take it back to when this was announced, what a 84 00:04:46.839 --> 00:04:49.639 week and a half ago or so, you see this 85 00:04:49.720 --> 00:04:52.759 news come across you know, what's what's your initial thoughts 86 00:04:52.839 --> 00:04:54.319 in the moment, if you can try and like go 87 00:04:54.399 --> 00:04:56.480 back a few days we are we are recording this 88 00:04:56.839 --> 00:04:59.600 about I don't know, eight nine days after that news 89 00:04:59.639 --> 00:05:02.319 initial dropped, so we've had some time to kind of 90 00:05:02.360 --> 00:05:04.839 think about things. But but going back to it, you know, 91 00:05:04.879 --> 00:05:08.720 what were your like first thoughts, like were you wowed, 92 00:05:08.800 --> 00:05:11.600 were you surprised? Were you let down? Like what was 93 00:05:11.720 --> 00:05:12.600 what was the feeling? 94 00:05:13.680 --> 00:05:16.160 I mean, I think my feelings would be pretty similar 95 00:05:16.199 --> 00:05:18.199 to everyone else in the world. I think we'll surprise 96 00:05:18.399 --> 00:05:20.560 there was no guarantee let down as well. 97 00:05:21.560 --> 00:05:22.720 But there is a guarantee. 98 00:05:23.079 --> 00:05:23.600 No, there isn't. 99 00:05:24.040 --> 00:05:24.879 It's on the free roll. 100 00:05:25.759 --> 00:05:27.839 Okay, yes, but what I'm about to say was that, 101 00:05:28.279 --> 00:05:32.720 but they gave you this other little thing present side 102 00:05:32.759 --> 00:05:36.959 event free roll that was you know, tried to soften 103 00:05:37.000 --> 00:05:39.759 the blow, I would say, And I think it's not 104 00:05:39.839 --> 00:05:42.560 a horrible idea. I just wish that was a guarantee 105 00:05:42.560 --> 00:05:43.439 on the moment, that's all. 106 00:05:44.319 --> 00:05:52.000 Yeah, I guess my my initial thoughts were, Wow, I 107 00:05:52.040 --> 00:05:55.560 didn't think they would do no guarantee on the World Championship, 108 00:05:56.319 --> 00:05:59.279 you know. I was of the opinion that they would 109 00:05:59.360 --> 00:06:01.600 scallop back. I did not think that they would scalop 110 00:06:01.600 --> 00:06:04.920 back to zero. But it's a pretty big bet. 111 00:06:05.199 --> 00:06:08.360 I mean, scaling back to zero better than scaling back 112 00:06:08.360 --> 00:06:09.439 to say, fifteen million. 113 00:06:11.439 --> 00:06:13.560 In my opinion. No, I think you should have just 114 00:06:13.720 --> 00:06:15.560 gone with fifteen million. I mean I would have gone 115 00:06:15.600 --> 00:06:18.759 with more than fifteen million, but I think twenty five, 116 00:06:19.199 --> 00:06:21.120 you know, would have been the number. And I think, 117 00:06:21.199 --> 00:06:24.519 like with when you do something like that, you know, 118 00:06:24.720 --> 00:06:29.079 I think so oftentimes in everything, you know, people are 119 00:06:29.079 --> 00:06:33.160 so concerned about spinning some sort of message or you know, 120 00:06:33.399 --> 00:06:35.759 possibly lying or whatever. Not that not that wt's line. 121 00:06:35.759 --> 00:06:38.199 I'm just kind of using a general example when in 122 00:06:38.240 --> 00:06:44.600 the in the correct thing to do is just apologize 123 00:06:44.600 --> 00:06:46.480 and move on in a way, or just like admit 124 00:06:46.519 --> 00:06:48.399 defeat and move on, or say you were wrong and 125 00:06:48.439 --> 00:06:51.000 move on. In this, like in a lot of cases, 126 00:06:51.160 --> 00:06:53.240 in you know, real life stuff, if you just say 127 00:06:53.240 --> 00:06:55.600 you're sorry and move on, fine. In a case like this, 128 00:06:55.800 --> 00:06:58.199 you know, a poker guarantee, which doesn't involve any sort 129 00:06:58.240 --> 00:07:00.920 of apologizing. Just be like, listen, we shot for the 130 00:07:00.959 --> 00:07:03.639 moon at forty million, we missed. Maybe we got a 131 00:07:03.680 --> 00:07:05.759 little bit too ahead of ourselves. We're gonna pull it back, 132 00:07:05.800 --> 00:07:07.439 but we're still going to give you something really great. 133 00:07:07.480 --> 00:07:09.920 Here's twenty five or here's thirty, right, which I think 134 00:07:09.959 --> 00:07:13.920 is extremely achievable given one the turnout that they had 135 00:07:14.000 --> 00:07:17.720 last year. You know, all the brand power that WPT has, 136 00:07:17.800 --> 00:07:21.600 all the loyalty that people express towards WPT, and then 137 00:07:21.639 --> 00:07:24.879 also from everything that I could tell, all the qualifiers 138 00:07:24.879 --> 00:07:28.199 that they're going to have for this thing. So from 139 00:07:28.279 --> 00:07:31.800 what I've been told, they're still going to qualify it. 140 00:07:32.240 --> 00:07:34.040 From what I've been told. And also, if you've listened 141 00:07:34.079 --> 00:07:36.120 to the car wash that Adam Pliska has been on, 142 00:07:36.240 --> 00:07:39.439 He's done every single podcast under the sun. You know, 143 00:07:39.519 --> 00:07:41.040 if you listen to one, you listen to them all. 144 00:07:41.480 --> 00:07:43.879 But and I've listened to all of them, you have, 145 00:07:44.279 --> 00:07:46.759 I've listened to three of them. Yeah, and it's very 146 00:07:46.800 --> 00:07:49.560 same thing over and over again. So if you listen 147 00:07:49.560 --> 00:07:54.480 to them one, you listen to them all. The number 148 00:07:54.480 --> 00:07:56.319 that they're putting out there that he's putting out there 149 00:07:56.360 --> 00:08:01.160 is right around one thousand qualifiers. I mean, that's a 150 00:08:01.199 --> 00:08:04.800 really solid floor. I part of me doesn't understand why 151 00:08:04.839 --> 00:08:07.879 that number isn't being emphasized more, but I also get 152 00:08:07.920 --> 00:08:10.399 it because you're not trying to achieve a guarantee this time, 153 00:08:10.519 --> 00:08:12.199 so you don't need to emphasize it. Right. 154 00:08:12.399 --> 00:08:15.160 We're also team promote that stuff because it house built. 155 00:08:15.160 --> 00:08:18.240 Oh yeah, but I'm saying in this specific situation, when 156 00:08:18.240 --> 00:08:20.000 you don't have a guarantee that you need to hit, 157 00:08:20.040 --> 00:08:22.319 even if that guarantee is fifteen million, so you would 158 00:08:22.319 --> 00:08:26.000 need to achieve you know, approximately fifteen hundred players, you 159 00:08:26.040 --> 00:08:28.600 would still want to push it, right, But if your 160 00:08:28.639 --> 00:08:31.279 guarantee is zero and it doesn't matter what the prize 161 00:08:31.319 --> 00:08:34.600 pool is, then you just go all in on the 162 00:08:34.639 --> 00:08:38.840 free roll. So about this free roll. If you haven't 163 00:08:38.879 --> 00:08:42.000 heard already, you've absolutely been living under a rock because 164 00:08:42.000 --> 00:08:45.399 it's everywhere. If you follow the World Over Tour, which 165 00:08:45.399 --> 00:08:47.200 I'm sure many of you do, or if you follow 166 00:08:47.279 --> 00:08:50.200 any of their ambassadors, any of their you know, WPT 167 00:08:50.320 --> 00:08:52.679 family members, et cetera, this is all they've been talking 168 00:08:52.720 --> 00:08:54.480 about for the past you know, week and a half, 169 00:08:54.519 --> 00:08:57.480 which is what they should be doing now, what they're doing, 170 00:08:57.679 --> 00:09:00.000 And if you head on over to WPT dot com, 171 00:09:00.080 --> 00:09:02.159 you'll find an article that's everything you need to know 172 00:09:02.240 --> 00:09:05.519 about the Club WPT Gold Free Role. So a lot 173 00:09:05.519 --> 00:09:07.480 of this information that I'm about to kind of go 174 00:09:07.559 --> 00:09:10.159 over for what this free roll is is included in 175 00:09:10.200 --> 00:09:12.679 that article. It's going to take place, this free roll 176 00:09:12.720 --> 00:09:15.399 five million dollars free role. It's actually five million and 177 00:09:15.480 --> 00:09:18.559 one hundred dollars because they released that actually before we 178 00:09:18.559 --> 00:09:21.559 hopped on this podcast, they released all the payout structures, 179 00:09:21.559 --> 00:09:25.799 which is kind of a big puzzle, but we'll get 180 00:09:25.840 --> 00:09:29.200 to that. December thirteenth through fifteenth at win Las Vegas. 181 00:09:29.519 --> 00:09:31.919 You know, obviously day one on the thirteenth and then 182 00:09:31.919 --> 00:09:35.720 the final table on the fifteenth. Start times are currently TBA. 183 00:09:37.080 --> 00:09:45.399 So Club WPT Gold is the WPT's new sweepstakes poker model. 184 00:09:45.399 --> 00:09:47.879 If you're familiar with the Global Poker think of it 185 00:09:48.000 --> 00:09:51.000 like that. You go on to the platform, you know, 186 00:09:51.120 --> 00:09:53.480 eventually when it launches, which it says that it's going 187 00:09:53.519 --> 00:09:56.240 to launch an early twenty twenty five. You go on there, 188 00:09:56.320 --> 00:09:59.360 you would buy some sort of currency, you would play 189 00:09:59.360 --> 00:10:01.039 in that currency, and then on the back end, you 190 00:10:01.080 --> 00:10:03.559 could event you know, convert that currency to some sort 191 00:10:03.559 --> 00:10:07.039 of cash out, right. So that's what this is going 192 00:10:07.120 --> 00:10:09.960 to be. Now. One thing that I'll mention is that 193 00:10:10.000 --> 00:10:13.600 from the people that I've talked to there, the regular 194 00:10:13.679 --> 00:10:16.720 version of CLUBWPT is going to stay, which makes sense 195 00:10:16.720 --> 00:10:19.960 because those are extremely different player pools. You know. Club 196 00:10:20.120 --> 00:10:23.360 WPT's regular model is you pay whatever it is, thirty 197 00:10:23.399 --> 00:10:25.399 dollars a month if I think the Diamond tier is 198 00:10:25.399 --> 00:10:27.000 one hundred dollars a month or whatever, and then you 199 00:10:27.039 --> 00:10:30.799 just get access to whatever is available. Right. This one 200 00:10:30.879 --> 00:10:34.960 is it's not real money gaming by definition because it's 201 00:10:35.080 --> 00:10:38.799 sweepstakes model, but it's closer to real money gaming, right, 202 00:10:39.080 --> 00:10:42.080 you know. So that's what Club WPT Gold is. So 203 00:10:42.200 --> 00:10:45.360 if you are familiar with the global poker product, then 204 00:10:45.399 --> 00:10:49.720 you'll probably like what's to come from WPT. From Club 205 00:10:49.840 --> 00:10:52.799 WPT gold. It's a mouthful to say that over and over. 206 00:10:52.960 --> 00:10:56.399 I should just call it gold. But anyway, do you. 207 00:10:56.320 --> 00:10:58.679 Think it's interesting that it's WPD gold? 208 00:10:59.080 --> 00:11:06.320 Why? Because of Game of Gold? So I guess that's 209 00:11:06.320 --> 00:11:09.879 one of the first things I thought of. So I thought, 210 00:11:10.000 --> 00:11:11.600 here's a couple of things that I thought was interesting. 211 00:11:11.720 --> 00:11:19.080 Is that so one club wpt gold I think is fine. 212 00:11:19.440 --> 00:11:23.600 I mean whatever, I don't. I don't. I didn't think 213 00:11:23.639 --> 00:11:25.559 of that like you thought of it. What I did 214 00:11:25.639 --> 00:11:30.120 think of though, is they specifically mentioned sweeps coins, which yeah, 215 00:11:30.519 --> 00:11:34.200 that's what Global Poker uses, sweeps coins, right, And then 216 00:11:34.240 --> 00:11:37.840 they also call this entry or ticket to this free 217 00:11:37.919 --> 00:11:40.960 roll a golden passport, which I think gold pass for 218 00:11:41.000 --> 00:11:43.600 poker stars. So like, I like, those are the things 219 00:11:43.600 --> 00:11:47.360 that I'm like, it's not necessarily unique. 220 00:11:47.440 --> 00:11:49.799 Gold im possible. It's pretty generic term like we use PG. 221 00:11:51.279 --> 00:11:52.840 I mean, I get it, I get I was wondering, 222 00:11:52.960 --> 00:11:56.840 is what's sweep sweep coins. I'm wondering if that's trademark. 223 00:11:57.320 --> 00:11:59.240 I mean, I have no idea. I have no idea. 224 00:11:59.480 --> 00:12:01.120 I just know the gold of Pepoker uses. They have 225 00:12:01.159 --> 00:12:02.840 gold coins and they have sweeps coins. Those are the 226 00:12:02.840 --> 00:12:05.240 two areas that you can play in. The gold coins 227 00:12:05.279 --> 00:12:07.240 are the completely freemium. The sweeps coins are the ones 228 00:12:07.240 --> 00:12:10.120 that are are the online currency model or however you 229 00:12:10.159 --> 00:12:14.000 want to describe it. So this free roll, it's going 230 00:12:14.080 --> 00:12:19.919 to be a giveaway for these golden passports, where it 231 00:12:20.000 --> 00:12:23.919 says nearly two thousand people are going to win a 232 00:12:24.159 --> 00:12:27.279 golden passport to come out to Las Vegas to compete 233 00:12:27.360 --> 00:12:30.639 in this club WPT gold five million dollar free roll. 234 00:12:31.080 --> 00:12:34.279 First place is going to be one million dollars. Of 235 00:12:34.279 --> 00:12:38.679 that five million, approximately twenty five percent of the field 236 00:12:38.799 --> 00:12:41.159 is going to be paid. So five hundred and three 237 00:12:41.159 --> 00:12:44.840 players is what they list in this article. And then 238 00:12:44.840 --> 00:12:47.399 they say everyone who makes the money and busts will 239 00:12:47.399 --> 00:12:51.360 have a second chance drawing where one in five will 240 00:12:51.440 --> 00:12:55.480 draw one hundred free entries or one of one hundred 241 00:12:55.519 --> 00:12:59.679 free entries into the ten thousand dollars WPT World Championship. 242 00:13:00.159 --> 00:13:02.120 So from this free rule, I'll get it. Let's let's 243 00:13:02.159 --> 00:13:03.960 just I know they said nearly two thousand, but let's 244 00:13:03.960 --> 00:13:06.360 just say two thousands because it's just easier. So two thousand. 245 00:13:06.480 --> 00:13:08.759 So then you have five hundred people are going to cash. Right, 246 00:13:09.399 --> 00:13:12.879 then you're gonna have one hundred of those five hundred 247 00:13:12.879 --> 00:13:14.799 are going to win a ten k seat to the 248 00:13:14.840 --> 00:13:17.639 World Championship. So you have that. Okay, so you're you're 249 00:13:18.399 --> 00:13:21.360 the floor of entries in the in the World Championship 250 00:13:21.360 --> 00:13:22.440 is well it's. 251 00:13:22.120 --> 00:13:25.840 One hundred, right, No, but he you already mentioned. 252 00:13:25.759 --> 00:13:27.559 Yeah, but I don't. I haven't been able to find out, 253 00:13:27.639 --> 00:13:30.080 like exactly where all those other stuff coming. I mean 254 00:13:30.159 --> 00:13:33.639 they're having like I'm assuming there's some live qualifiers. There's 255 00:13:33.639 --> 00:13:36.320 obviously WPT Global is going to be satelliting people in. 256 00:13:37.200 --> 00:13:39.480 I did look at the win schedule because the full 257 00:13:39.480 --> 00:13:41.879 schedule is out now, by the way. So they have 258 00:13:42.039 --> 00:13:45.440 two hundred and forty satellites at the festival. Okay, So 259 00:13:45.519 --> 00:13:47.559 if you include those two hundred and forty satellites ask 260 00:13:47.600 --> 00:13:51.480 the festival, you include these one hundred qualifiers. So that's 261 00:13:51.480 --> 00:13:52.519 three forty right there. 262 00:13:52.840 --> 00:13:55.240 Okay, for a second, I thought you meant two hundred 263 00:13:55.240 --> 00:13:56.840 and forty individual satellites. 264 00:13:56.919 --> 00:13:58.679 I was like, no, no, no, but they have a ton 265 00:13:58.720 --> 00:14:01.000 of satellites, but two hundred. Like they have like a 266 00:14:01.000 --> 00:14:03.879 bunch of twenty five seat guarantees. They brought back the 267 00:14:03.879 --> 00:14:06.240 seventy five seat guarantee, like you know, all that sort 268 00:14:06.279 --> 00:14:09.240 of stuff is happening again. So from from what I counted, 269 00:14:09.279 --> 00:14:12.600 it's two hundred and forty seats during the festival in December. 270 00:14:12.799 --> 00:14:15.200 At Win they also have stuff like at this upcoming 271 00:14:15.279 --> 00:14:18.000 win Fall Poker Classic, they have a satellite there and 272 00:14:18.000 --> 00:14:20.600 I think it's three seats guaranteed. If I remember correctly. 273 00:14:20.799 --> 00:14:24.320 If I'm wrong, I apologize. But so that's where they're 274 00:14:24.360 --> 00:14:27.200 you know, ultimately getting this number of one thousand SOT 275 00:14:27.399 --> 00:14:31.320 pretty good floor overall. Now are they going to push 276 00:14:31.360 --> 00:14:35.279 towards there? And thirty five inches is what they got 277 00:14:35.320 --> 00:14:37.120 last year in the WT World Championship. Of course, it 278 00:14:37.200 --> 00:14:40.000 had that forty million dollar guarantee that they missed on 279 00:14:40.120 --> 00:14:41.840 by I think right around two and a half million 280 00:14:41.879 --> 00:14:45.080 that the WPT had to eat as it pertains to 281 00:14:45.120 --> 00:14:49.799 this club WPT Gold Free roll. Just getting back to that, 282 00:14:49.919 --> 00:14:55.399 they have a mystery bounty format as well, where I 283 00:14:55.440 --> 00:14:58.720 believe it's at two hundred and ninety seven players remaining. 284 00:14:59.279 --> 00:15:02.440 That's when like the mystery bounty format kicks in. There's 285 00:15:02.480 --> 00:15:07.399 two forms of this mystery bounty. Okay, there's two hundred 286 00:15:07.399 --> 00:15:12.399 and eighty eight times the mystery bounties ranging from five 287 00:15:12.480 --> 00:15:16.080 hundred dollars to one thousand dollars. Then there are eight 288 00:15:17.000 --> 00:15:20.879 mystery bounties for the final table reserved for the final table. 289 00:15:21.320 --> 00:15:25.440 But one of those eight, sir, is zero dollars. 290 00:15:26.240 --> 00:15:27.799 Brutal, but I love it. 291 00:15:28.480 --> 00:15:31.240 So the payouts for this thing, which we're announced today 292 00:15:31.279 --> 00:15:33.519 million dollars up top second place two hundred and fifty 293 00:15:33.519 --> 00:15:38.320 thousand dollars horrible, seems insane, but okay, third place one 294 00:15:38.360 --> 00:15:41.399 twenty five, then seventy five to fifty, forty thirty, twenty 295 00:15:41.440 --> 00:15:42.960 five twenty those are. 296 00:15:42.840 --> 00:15:46.759 For the top facilitates chucks right, because it's gonna have 297 00:15:46.799 --> 00:15:48.799 to be one of miss guaranteed. 298 00:15:50.480 --> 00:15:55.919 As I understand it, anyone is part of the eligible 299 00:15:57.200 --> 00:16:01.000 jurisdictions in the US and Canada believe it is. Can 300 00:16:01.039 --> 00:16:03.600 go to CLUBWPT gold dot com and just sign up 301 00:16:03.600 --> 00:16:06.679 for a free account. You can put your information in. 302 00:16:06.840 --> 00:16:09.559 Tim and I both have have done it already and 303 00:16:09.720 --> 00:16:12.720 they're going to be drawing people from there to win 304 00:16:12.799 --> 00:16:16.200 these golden passports to then come out to Las Vegas 305 00:16:16.240 --> 00:16:18.039 and compete in this five million dollar free rold. There 306 00:16:18.039 --> 00:16:20.840 are going to be other ways they've mentioned, like you know, 307 00:16:20.879 --> 00:16:23.360 some social media giveaways and whatnot, which they've they've done 308 00:16:23.360 --> 00:16:25.879 in the past as it relates to the WPT World Championship. 309 00:16:25.960 --> 00:16:29.240 So if if you fancy yourself, you know, wanting to 310 00:16:29.279 --> 00:16:31.559 get into this five million dollar free role that they're 311 00:16:31.559 --> 00:16:36.639 having and in I guess celebration of the new project 312 00:16:36.639 --> 00:16:40.159 that is Club WPT Gold, then then head on over 313 00:16:40.200 --> 00:16:43.320 to clubwpt gold dot com and just sign up part 314 00:16:43.360 --> 00:16:45.240 of the mystery bounties. They're going to have two one 315 00:16:45.279 --> 00:16:48.600 hundred thousand dollars bounties as top prizes. Everyone at the 316 00:16:48.600 --> 00:16:51.960 final table gets a minimum of twenty thousand dollars, which 317 00:16:51.960 --> 00:16:55.440 I already mentioned, and then there's their own pool of 318 00:16:55.480 --> 00:16:59.320 mystery bounties for there, uh, you know, with the with 319 00:16:59.360 --> 00:17:01.679 a two or three dollars mystery bounding up for grabs. 320 00:17:01.720 --> 00:17:05.079 So I mean you could you could win the tournament, 321 00:17:05.559 --> 00:17:08.480 right and then also get some of these mystery boundies 322 00:17:08.480 --> 00:17:09.839 and win more than a million dollars. You know, you 323 00:17:09.839 --> 00:17:12.480 could come in second place, get the biggest mystery bounty 324 00:17:12.480 --> 00:17:13.960 and then you you know, you have four hundred and 325 00:17:14.039 --> 00:17:18.440 fifty thousand dollars. Is that how I understand it? So again, 326 00:17:18.519 --> 00:17:22.440 all of this is in celebration for the launch of 327 00:17:22.440 --> 00:17:25.920 Club WPT Gold that is coming in what they've listed 328 00:17:25.960 --> 00:17:29.279 as early twenty twenty five. I believe the exact line 329 00:17:29.359 --> 00:17:31.400 is the site is expected to launch in early twenty 330 00:17:31.440 --> 00:17:35.920 twenty five. I do find it interesting. So I've had 331 00:17:37.359 --> 00:17:40.599 it's been again eight nine ten days or however since 332 00:17:40.640 --> 00:17:44.920 this has been announced, and I've I've had some a 333 00:17:44.920 --> 00:17:46.680 pretty big tug of war in my head on how 334 00:17:46.720 --> 00:17:50.160 I feel about all of this. So on one hand, 335 00:17:50.279 --> 00:17:56.119 I think the the venture into the sweepstakes poker model 336 00:17:56.359 --> 00:18:04.559 is good, but I have some questions. I mean, in 337 00:18:04.599 --> 00:18:08.000 my opinion, the WPT has always been notoriously conservative, So 338 00:18:09.599 --> 00:18:13.519 I'm wondering, like, what has finally been the motivation to 339 00:18:13.559 --> 00:18:16.480 get in right Is it simply seeing the success of 340 00:18:16.519 --> 00:18:18.480 somebody like a global poker and they said, you know what, 341 00:18:19.039 --> 00:18:21.799 we have a big enough brand, let's get into this. 342 00:18:22.440 --> 00:18:24.359 I think, you know, it's been no secret. You can 343 00:18:24.440 --> 00:18:26.559 just you know, there's been a lot of talk about 344 00:18:26.920 --> 00:18:30.720 Global Poker, Chumbu Casino all owned by you know, VGW, 345 00:18:30.920 --> 00:18:32.960 and and how much money that they've been pulling in 346 00:18:32.960 --> 00:18:35.440 in revenue every single year. A lot of that stuff 347 00:18:35.480 --> 00:18:38.599 has been out there more recently in the news. So 348 00:18:39.400 --> 00:18:40.960 is that kind of like one of the things where 349 00:18:41.000 --> 00:18:42.720 WPT is looking at it and saying like, we need 350 00:18:42.759 --> 00:18:43.880 to try and get in there and get a piece 351 00:18:43.920 --> 00:18:47.799 of this pie. The other side of me says, you know, 352 00:18:48.440 --> 00:18:53.240 are they too late to the party, because there's been 353 00:18:53.240 --> 00:18:57.319 some pushback in the sweepstakes gambling world. You know, for example, 354 00:18:57.400 --> 00:19:00.599 Michigan has said, you guys can't operate here anymore, you know, 355 00:19:00.599 --> 00:19:03.319 stuff like that. You know, So is is there going 356 00:19:03.400 --> 00:19:04.960 to be some pushback? Is there going to be some 357 00:19:05.000 --> 00:19:08.240 lobbying behind closed doors from real money gaming operators who 358 00:19:08.279 --> 00:19:11.559 are required to like you know, jump through hoops to 359 00:19:12.000 --> 00:19:15.759 get legalized in certain states and pay all these license fees, 360 00:19:15.839 --> 00:19:18.279 these taxes and et cetera. Right, are they gonna then 361 00:19:18.319 --> 00:19:21.720 lobby behind closed doors being like, hey, knock knock, government, 362 00:19:21.880 --> 00:19:24.000 what are you doing letting these people get in here 363 00:19:24.000 --> 00:19:26.640 and operate basically? And I don't know forty five plus 364 00:19:26.720 --> 00:19:29.200 states or whatever it is, right, So like there's stuff 365 00:19:29.240 --> 00:19:31.359 like that. So I where we sit right now, We 366 00:19:31.400 --> 00:19:35.079 obviously don't have an answer to that. But what I 367 00:19:35.119 --> 00:19:38.000 will say is that this could be the moment in 368 00:19:38.119 --> 00:19:41.640 time where in five, ten, fifteen years, whatever it is, 369 00:19:41.680 --> 00:19:46.000 where we say we should have known and it's it's 370 00:19:47.119 --> 00:19:49.279 there are two sides that we should have known. It's 371 00:19:49.319 --> 00:19:56.200 one we should have known that sweepstakes casinos, sweepstakes poker 372 00:19:56.279 --> 00:20:01.200 were completely safe, just knowing how concern servative WPT has 373 00:20:01.240 --> 00:20:03.480 been in the past, and they finally got in, so 374 00:20:04.200 --> 00:20:07.400 they must feel it's worthwhile to get into this, and 375 00:20:07.440 --> 00:20:09.759 it's it's safe enough to get into this. You know, 376 00:20:09.799 --> 00:20:12.759 there's not going to be like some giant regulatory shutdown 377 00:20:12.880 --> 00:20:15.319 like that's that's one side of things where we've been like, yeah, 378 00:20:15.319 --> 00:20:18.119 we should have known, and we should have like other 379 00:20:18.680 --> 00:20:20.440 companies should have been more willing to get into this 380 00:20:20.519 --> 00:20:23.880 model because WBT got into it. The other side of 381 00:20:23.920 --> 00:20:28.079 things is that, you know, are they too late to 382 00:20:28.119 --> 00:20:31.680 the party? And like you're gonna be able to tell 383 00:20:31.680 --> 00:20:34.480 from that, you know, so should we have known at 384 00:20:34.480 --> 00:20:35.920 the time that they're too late to the party, just 385 00:20:35.960 --> 00:20:40.000 given the fact that there's been some increased talk of pushback. 386 00:20:40.559 --> 00:20:44.079 So then if this like all comes crumbling down in 387 00:20:44.359 --> 00:20:47.240 the upcoming years, you know, is it going to be like, yeah, 388 00:20:47.240 --> 00:20:48.599 we should have known that they were too late to 389 00:20:48.640 --> 00:20:51.079 the party. So you can kind of go either way. 390 00:20:51.599 --> 00:20:54.039 And that's like just something that you know, we're putting 391 00:20:54.079 --> 00:20:56.359 out there that we can possibly revisit in the future. 392 00:20:56.440 --> 00:20:59.640 So I just find that that's an interesting thing to 393 00:20:59.640 --> 00:21:03.119 to kind of think about. You know. Again, I've I've 394 00:21:03.160 --> 00:21:05.599 gone kind of back and forth in my mind because 395 00:21:05.680 --> 00:21:10.400 I think getting into this sort of model for the 396 00:21:10.519 --> 00:21:13.599 WPT is a good thing. I mean, if you're gonna 397 00:21:13.599 --> 00:21:15.680 try it, you have to try it now. You can't 398 00:21:15.680 --> 00:21:19.400 wait any longer. Yeah. I like the fact that they're 399 00:21:19.400 --> 00:21:24.640 putting they're putting an absolute minimum five million dollars in 400 00:21:24.759 --> 00:21:28.079 marketing behind this project, which is this free role. Now. 401 00:21:28.160 --> 00:21:31.559