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Delaware Valley Poker Club/Series II (view source)

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The '''Series II''' of the ''Delaware Valley Poker Club'' ('''DVPC''') is a friendly group of poker players who wish to compete against each other in low-stakes poker tournaments online, in casinos, and in live home games.  Participants each contribute $125 to a "Jackpot Fund" which will be rewarded to the best-performing '''DVPC''' player after a series of tournament opportunities.  That winning player will use that jackpot to buy into larger-stakes poker tournament(s), and the winnings (if any) will be distributed on a [[Delaware_Valley_Poker_Club/Series_II#Terms_of_Payout|pro-rated basis of terms]] back to the entire Club membership.   
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The '''Series II''' of the ''Delaware Valley Poker Club'' ('''DVPC''') is a friendly group of poker players who wish to compete against each other in low-stakes poker tournaments online, in casinos, and in live home games.  Participants each contribute $100 to a "Jackpot Fund" which will be rewarded to the best-performing '''DVPC''' player after a series of tournament opportunities.  That winning player will use that jackpot to buy into larger-stakes poker tournament(s), and the winnings (if any) will be distributed on a [[Delaware_Valley_Poker_Club/Series_II#Terms_of_Payout|pro-rated basis of terms]] back to the entire Club membership.   
    
== Members ==
 
== Members ==
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{| border="1"
 
{| border="1"
−
|+ DVPC ...Series II... ROSTER
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|+ DVPC ...Series II... FINAL RESULTS
 
! PLAYER !! NICKNAME !! HOME !! POINTS
 
! PLAYER !! NICKNAME !! HOME !! POINTS
−
|-
  −
! [[Directory:Gregory J. Kohs|Gregory Kohs]]
  −
| ''thekohser'' || [[Directory:West Chester, Pennsylvania|West Chester, PA]] || --
   
|-
 
|-
 
! Bobby Zetusky
 
! Bobby Zetusky
−
| ''zed500'' || Ridley Township, PA || --
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| ''zed500'' || Ridley Township, PA || 114.07
 
|-
 
|-
 
! Paul Morrow
 
! Paul Morrow
−
| ''shep1005'' || Blue Bell, PA || --
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| ''shep1005'' || Blue Bell, PA || 104.24
 
|-
 
|-
−
! Sean Scalley
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! [[Directory:Gregory J. Kohs|Gregory Kohs]]
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| ''beavis610'' || Blue Bell, PA || --
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| ''thekohser'' || [[Directory:West Chester, Pennsylvania|West Chester, PA]] || 97.25
 
|-
 
|-
−
! Mike Gargano
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! Bill Myers
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| ''Cowpoke Mike'' || Philadelphia, PA || --
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| ''Bungalow PSU'' || Upper Gwynedd, PA || 83.24
 
|-
 
|-
 
! Michael Wagner
 
! Michael Wagner
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| ''mortylick'' || Blue Bell, PA || --
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| ''mortylick'' || Blue Bell, PA || 81.91
 
|-
 
|-
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! Bill Myers
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! Sean Scalley
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| ''Bungalow PSU'' || Upper Gwynedd, PA || --
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| ''beavis610'' || Blue Bell, PA || 80.32
 
|-
 
|-
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! Mark Scalley
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! Mike Gargano
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| ''to be determined'' || PA || --
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| ''Cowpoke Mike'' || Philadelphia, PA || 77.19
 
|-
 
|-
 
|}
 
|}
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* Online (PokerStars) – 6 tournaments available:
 
* Online (PokerStars) – 6 tournaments available:
 
::July 6, Sunday evening, 8:00 PM, $12 turbo sit-n-go (180-seat)
 
::July 6, Sunday evening, 8:00 PM, $12 turbo sit-n-go (180-seat)
−
::::''shep1005'' finished in 9th place!
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::::''shep1005'' finished in 9th place.
 
::July 15, Tuesday evening, 7:00 PM, $4 standard sit-n-go (180-seat)
 
::July 15, Tuesday evening, 7:00 PM, $4 standard sit-n-go (180-seat)
 
::::''zed500'' finished in 29th place.
 
::::''zed500'' finished in 29th place.
 
::July 23, Wednesday evening, 7:30 PM, $2 turbo sit-n-go (180-seat)
 
::July 23, Wednesday evening, 7:30 PM, $2 turbo sit-n-go (180-seat)
−
::July 27, Sunday evening, 7:00 PM, $4 standard sit-n-go (180-seat)
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::::''mortylick'' finished in 6th place, with six DVPC entrants finishing in the top 25% of the field.
−
::August 7, Thursday evening, 7:00 PM, $12 turbo sit-n-go (180-seat)
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::August 5, Tuesday evening, 9:00 PM, $12 turbo sit-n-go (180-seat)
−
::August 17, Sunday afternoon, 3:30 PM, $11 standard scheduled (2,000+ seat)
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::::''zed500'' finished in 16th place.
 +
::August 19, Tuesday evening, 8:30 PM, $4 standard sit-n-go (180-seat)
 +
::::''beavis610'' finished in 59th place.
 +
::August 27, Wednesday evening, 7:00 PM, $11 standard scheduled (2,700+ seat)
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::::''thekohser'' finished in 258th place.
    
* Live In-Home – 4 tournaments available:
 
* Live In-Home – 4 tournaments available:
−
::July 11, Friday evening, 7:30 PM, $40 buy-in, tentatively at the Kohs residence
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::July 11, Friday evening, 7:30 PM, $40 buy-in, at the Kohs residence
 
::::''shep1005'' finished in 1st place, coming back from 100 chips (out of starting stack of 1500)!
 
::::''shep1005'' finished in 1st place, coming back from 100 chips (out of starting stack of 1500)!
−
::July 26, Saturday evening, 7:30 PM, $40 buy-in, tentatively at the Morrow residence
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::July 26, Saturday evening, 7:30 PM, $40 buy-in, at the Morrow residence
−
::August 5(?), Tuesday evening, 7:00 PM, $40 buy-in
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::::''Bungalow PSU'' finished in 2nd place, out of 10 players, amidst succulent pork ribs.
−
::August 16, Saturday evening, 7:30 PM, $40 buy-in, tentatively at the Myers residence
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::August 16, Saturday evening, 7:30 PM, $40 buy-in, at the Myers residence
 +
::::''mortylick'' finished in 2nd place, out of an amazingly large 22-person field.
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::September 12, Friday evening, 7:00 PM, $40 buy-in, at the Wagner residence
 +
::::''beavis610'' finished in 1st place, but ''zed500'' clinched the Series with 4th place.
    
* Live In-Casino – 2 tournaments available:
 
* Live In-Casino – 2 tournaments available:
−
::July 29, Tuesday evening, TBA
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::July 31, Thursday evening, 7:00 PM, $65 buy-in, Showboat
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::August 21, Thursday evening, 7:00 PM, $180 buy-in, Borgata
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::::''zed500'' finished in 6th place out of a field of 78, earning $188 payout.
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::September 4, Thursday evening, 7:00 PM, $65 buy-in, Showboat
 +
::::''zed500'' finished in 35th place out of a field of 70.
    
===Points system===
 
===Points system===
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<br>
 
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<br><br>
      
== Costs ==
 
== Costs ==
−
Those on a tighter budget will be able to fulfill this Series with less than $190 out-of-pocket ($60 for five tournaments, plus the $125 Jackpot contribution).  Those who opt for the pricier selections and play in ten tournaments could potentially expend about $500.  You keep what you win in each selected tournament, and everybody is contributing the same $125 to the Jackpot Fund.  The $125 may be paid in installments -- $65 before July 11, 2008, and the remaining $60 before August 22, 2008.  These payments will be coordinated and saved by [[Directory:Gregory J. Kohs|Gregory Kohs]].
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Those on a tighter budget will be able to fulfill this Series with less than $165 out-of-pocket (about $60 for five tournaments, plus the $100 Jackpot contribution).  Those who opt for the pricier selections and play in ten tournaments could potentially expend about $475.  You keep what you win in each selected tournament, and everybody is contributing the same $100 to the Jackpot Fund.  The $100 may be paid in installments -- $50 before July 21, 2008, and the remaining $50 before August 22, 2008.  These payments will be coordinated and saved by [[Directory:Gregory J. Kohs|Gregory Kohs]].
    
Players who do not currently have an online poker account may contact [[Directory:Gregory J. Kohs|Gregory Kohs]] for more information on getting one started and funding it.
 
Players who do not currently have an online poker account may contact [[Directory:Gregory J. Kohs|Gregory Kohs]] for more information on getting one started and funding it.
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===Spreadsheet===
 
===Spreadsheet===
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[[Directory:Gregory J. Kohs|Gregory Kohs]] tallies [http://www.mywikibiz.com/images/0/0a/DVPC_Series_II_c.xls in a spreadsheet] the '''DVPC''' payment history and Series rankings using a formula similar to PokerStars' player points formula:
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[[Directory:Gregory J. Kohs|Gregory Kohs]] tallies [http://www.mywikibiz.com/images/d/d7/DVPC_Series_II_l.xls in a spreadsheet] the '''DVPC''' payment history and Series rankings using a formula similar to PokerStars' player points formula:
 
<br><br>
 
<br><br>
 
Points = <math>10\cdot\sqrt{\frac{n}{k}}\cdot(1 + \log(b + 0.25))</math><br>
 
Points = <math>10\cdot\sqrt{\frac{n}{k}}\cdot(1 + \log(b + 0.25))</math><br>
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<br>
 
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<center>
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{{GKAdBrite}}<br>
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<adsense>
  −
google_ad_client    = 'pub-4781341637005814';
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<br><br>
      
== Terms of Payout ==  
 
== Terms of Payout ==  
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This way, ''all'' '''DVPC''' participants stand a chance of making back original stakes (and then some), while the Jackpot winner will earn much more than any of the rest of us, even with taxation considered.  Is this really any different than trusting your money with a mutual fund manager?  I say not.
 
This way, ''all'' '''DVPC''' participants stand a chance of making back original stakes (and then some), while the Jackpot winner will earn much more than any of the rest of us, even with taxation considered.  Is this really any different than trusting your money with a mutual fund manager?  I say not.
 +
 +
== Outcome ==
 +
Bobby Zetusky took the $640 jackpot and entered a $500 Saturday U.S. Poker Open tournament at the Trump Taj Mahal on September 20, 2008.  There were 299 entrants, with the top 27 getting paid out, but Bob fell just a bit short, getting knocked out in 29th place.  Bob gives the play-by-play himself:
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<blockquote>'''''I battled a short stack the 2nd half of the tourney, which I played for 11 hours. I would have received around $1450 if I made the money.  The final hand: Blinds were $1000/$2000 with a $300 Ante, eight players at my table.  My stack was $5400 (I could not get a hand -- I got 9-4 offsuit so many times, I think if I ever get that hand again I'll go nuts).'''''
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<br><br>
 +
'''''I was in the Big Blind for $2000 + $300 ante -- I put my remaining $3100 on my cards indicating I have to call with any 2 cards.  Last time I did this, I got a walk.'''''
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<br><br>
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'''''Folds around to the button, who was also short -- somewhere around 14000. I played with this guy most of the night. Solid player but does make moves. He pushes all in. Small blind thinks for a couple of minutes and folds.'''''
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<br><br>
 +
'''''There's $2400 in antes, $3000 in blinds, plus $5100 from the button, totaling $10500 in the pot. So I have to pay $3100 to win $13600. I have to play any 2 cards here, so I figure if I look at my cards I might end up folding (that would be horrible) so I just throw in my remaining chips without looking at my cards.'''''
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<br><br>
 +
'''''Button shows 3-3. I flip over A-2 spades. Some hope.'''''
 +
<br><br>
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'''''Flop brings a 3, and he turns another 3. Dreaded quads!!'''''
 +
<br><br>
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'''''I am very disappointed in my finish. I think my play was average at best, and I missed some opportunities to make moves. It was a good and fun experience, and I had some dead-on reads (too bad I wasn't in most of the hands).'''''</blockquote>
 +
 +
Bobby, you may have been disappointed, but the Club is noticing that we're finishing higher and higher in the Beeg Weenah tournament, every time.  Next time is assuredly a lock on the money cut.
    
== Previous Outcome(s) ==  
 
== Previous Outcome(s) ==  
 
*'''[[Delaware_Valley_Poker_Club/Series_I|Series I]]''' - Bill Myers took the $1375 Jackpot and headed two times to Atlantic City to participate in $500 + $60 tournaments.  In his first bid, his pocket QQ was cracked by an inferior hand, and he went out 29th out of 61 players, no payout.  In his second bid, the scheduled $500 tourney at the Borgata was cancelled, forcing Bill to play in a $200 + $30 at Trump Taj Mahal.  Bill exited early.  Per the Commissioner's recommendation, he played $5 slots to try to make up a big payout for the Club, but to no avail.  About $150 remains in his Fund, and Bill will try to play a $100 tournament sometime soon, but the Club is considering the jackpot "expended".  Time for Series II and better luck. (...'''[[Delaware_Valley_Poker_Club/Series_I|read more]] about Series I'''.)
 
*'''[[Delaware_Valley_Poker_Club/Series_I|Series I]]''' - Bill Myers took the $1375 Jackpot and headed two times to Atlantic City to participate in $500 + $60 tournaments.  In his first bid, his pocket QQ was cracked by an inferior hand, and he went out 29th out of 61 players, no payout.  In his second bid, the scheduled $500 tourney at the Borgata was cancelled, forcing Bill to play in a $200 + $30 at Trump Taj Mahal.  Bill exited early.  Per the Commissioner's recommendation, he played $5 slots to try to make up a big payout for the Club, but to no avail.  About $150 remains in his Fund, and Bill will try to play a $100 tournament sometime soon, but the Club is considering the jackpot "expended".  Time for Series II and better luck. (...'''[[Delaware_Valley_Poker_Club/Series_I|read more]] about Series I'''.)
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