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Does Flip & Go devalue the WSOP bracelet?

Editor by Editor
June 17, 2022
in Poker & Blackjack
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After one participant flipped 43 instances, Barry Carter asks if this format has manner an excessive amount of gamble to be thought-about a real bracelet occasion?

Last 12 months the WSOP debuted the Flip & Go bracelet, slightly controversially. Most gamers have been delay by the wild playing nature of the flip stage…however they nonetheless performed it as a result of it was a bracelet occasion.

At the time I used to be considerably detached about it. I truly actually like Flip & Go as an internet format and felt it was an ideal facet occasion for a poker tour. Less so an precise bracelet occasion however as a one off novelty to mark the WSOP’s affiliation with GGPoker I felt it was wonderful.

We at the moment are on 12 months 2 of the Flip & Go bracelet and it stays simply as controversial. It took a lot of flack on social media but in addition managed to draw 1,329 entries, so I doubt it’s going anyplace.

The massive story this 12 months surrounding the occasion is that Scott Seiver had 43 flips and didn’t progress to the cash phases. If he progressed on his final bullet he would have wanted fifth place to show a revenue.

43 flip and goes later and I’m not even enjoying the match. #JBL


— Scott Seiver (@scott_seiver) June 12, 2022

If you combine in poker circles this can be a hilarious ‘degen’ story that largely makes you marvel how massive a bankroll Seiver truly has. If you’re a informal poker fan, nonetheless, this truly appears to be like like a horrible advert for the sequence. That actually does paint poker in a unstable mild and makes it seem to be the odds are stacked towards you want it’s in roulette. We know Seiver can afford it, it was a statistical anomaly and he may need had a bracelet wager that justified it, however to outsiders it appears to be like like a tragedy in the making. 

Tough regulars who do not thoughts variance

flip
An important on-line format or low-cost facet occasion…however not a bracelet occasion

That isn’t the solely off placing factor about the occasion. The massive promote with Flip & Go is that it attracts gamblers and as such is mushy, in case you can survive an early gamble. This is exactly what I like about the format on-line. I’m fairly good at the ICM portion of poker so I don’t thoughts the early variance of Flip & Go as a result of the finish recreation is far softer than the equal buy-in tournaments that begin usually.

That is in low stakes Flip & Go’s. It seems that once they transfer as much as 4 determine buy-ins at the WSOP they’re much extra professional heavy. Rebuy/re-entry tournaments additionally usually get offered as mushy as a result of they appeal to gamblers however in actuality they appeal to regulars who’re glad to resist the variance as a result of they know they’ve an edge general.

If you’re taking the time to browse the gamers who cashed this 12 months’s and final 12 months’s occasion, there are quite a lot of massive names you wouldn’t need to have at your desk. The format actually is the area of the very wealthy and the severe grinder, not informal gamers.

I nonetheless love the format on-line and assume Flip & Go is an ideal low buy-in facet occasion at any competition. There is quite a lot of speak about whether or not $50 bracelet occasions or certainly $100,000 bracelet occasions devalue the legacy of the WSOP, however sadly I believe Flip & Go is the closest factor we now have to a wealthy participant with the ability to flip a couple of cash and ‘buy a bracelet’.

Should there be a Flip & Go occasion subsequent WSOP? Let us know in the feedback:

Barry Carter

Barry Carter

Barry Carter is the editor of PokerStrategy.com and the co-author of The Mental Game of Poker 1 & 2, Poker Satellite Strategy, PKO Poker Strategy & the new e book Endgame Poker Strategy





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