How are the Buy-ins decided for the turnaments?
They seem to be very inconsistant with regards to the Prize Pool.
I've seen a £100 Holdem NL with a buy-in of £22, right next to a £900 Holden NL with a buy-in of £5.50.
Same starting chips and same blind limits.
It's same with BHs.
Similar inconsistanceies are all over the place.
Can anyone please explain.
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Comments
Sky put guarantees on some tournaments to promote them and try to achieve a bigger field.
Typically, these guarantees are reduced or removed if the fields do not justify it since Sky Poker would have to provide an "overlay" - i.e. they would make a loss on running the tournament.
In the £22 buy-in I guess that Sky Poker are worried that it would be a small field (i.e. less than 5). Of course, if the field is larger than 5 players then the prize pool goes up, e.g. if 10 people entered the prize pool would be £200 pounds.
For the £900 event, I guess that Sky Poker are confident of getting at least 180 runners. £900 seems an odd amount so my guess would be that it started as a £1000 event when it was first scheduled but has not been getting large enough fields to justify that guarantee.