karabuyu:
I think, a new hold'em table to be added to the list of games is very delicious... ' 1M Table '
Each player's entry fee is 100k and no money to 2nd and 3th. only 1 winner takes 1million..
Is ıt possible?
With 100K buy-in for 1M prize, buy-in 10% of pay-out.
Then you're even if you play 10 times, lose 9 times, win once.
That is, you need to win > 10% of times.
According to a simulator
http://www.pokercalculatoronline.com/here are the winning chances of these pockets vs 9 random hands
22 is 12%, TT is 17%, KK is 26%, AA is 31%
JTo is 12%, JTs is 15%, AKo is 16%, AKs is 19%
Therefore, all these hands are > 10% chance to win
and it becomes interesting for bingo players to enter this tourney
and all-in systematically with any of these hands vs 9 players until one tourney pays out.
Welcome to bingo world.
The tourney structure will be irrelevant since it will become another table 5
scaled by a factor 100 where any random hand tries to suck out whole table
early with a buy-in high single bet.