Millionaire Chess 3

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Steve11537

Castling with two hands, problem with move touch rule, how does he want to become the WC when he doesn't have a solid grip on the basics ?

mdinnerspace

What problem besides not showing at news conference? Naka realized he just threw away any chanch to win.

Castling with 2 hands is almost standard in US blitz.

Watch as Ashley in his video of NY hustler castles with 2 hands.

slackercrew
A la verga
sunshine875

"Millionaire" Chess with a prizefund of barely $500,000?

Please.

SilentKnighte5

What are we Schadenfreuding at this point?

SilentKnighte5

And please don't say the current number of pre entries.

mdinnerspace

39 entries as of 4/8/16

16 of which are unrated

SilentKnighte5

mdinnerspace wrote:

39 entries as of 4/8/16

16 of which are unrated

Figured at least one person would try that.

mdinnerspace

What's a pre entry anyway?

Try what? Got a problem with the facts?

woton
mdinnerspace wrote:

39 entries as of 4/8/16

16 of which are unrated

The 16 don't have FIDE ratings, they do have USCF ratings.  They're playing in the class sections, no FIDE rating required.

I don't know if it's a valid comparison, but as of 4/8, the World Open, which is 2.5 months away, had about 100 entrants  Thirty-nine entrants for a tournament six months away doesn't look that bad.  But then, they had over 100 entrants after three days for MC2, and ended up with 550.

woton

richie_and_oprah

MC3 (or later versions, if any) will have to be self-funded.  Whether they can get the 1500 or so entrants that they need is questionable.  Their past history says no.  However, most large tournaments have a last-minute rush.  Since MC has changed the location, I'm giving them the benefit of the doubt.  As I said, I don't know if my comparison with the World Open (which lately has drawn around 1200) is valid, but I do what I can with limited data.

themaskedbishop

Vegas was problematic enough. Atlantic City is a sewer. The biggest marketing mistake they made from the get-go was assuming that chess players (and their families) had any interest in hanging out in casinos.

If you know anything about chess players as a group, you know that drinking, gambling, and partying at strip clubs are not how they look to fill their time between rounds. 

Someone on the planning team (of two) confused casino ambience with class. Not sure which one it was, but I think the jury is no longer out on the appeal of hosting tournaments in gambling resorts. 

mdinnerspace

500 tops

Book it

No new entries last 2 days. Still at 39

1 GM

mdinnerspace

OPEN SECTION

1st place – $50,000 $50,000.00

2nd place – $25,000 $25,000.00

3rd place – $14,000 $14,000.00

4th – $9,000 $9,000.00

5th – $6,000 $6,000.00

6th – $4,000 $4,000.00

7th – $2,000 $2,000.00

8th – $1,500 $1,500.00

9th to 20th – each $1,000 $12,000.00

21st to 40th – each $600 $12,000.00

Sub-total $135,500.00

2400-2549

1st place – $20,000 $20,000.00

2nd place – $10,000 $10,000.00

3rd place – $6,000 $6,000.00

4th place – $3,000 $3,000.00

5th place – $1,500 $1,500.00

Sub-total $40,500.00

Under 2400

1st place – $20,000 $20,000.00

2nd place – $10,000 $10,000.00

3rd place – $6,000 $6,000.00

4th place – $3,000 $3,000.00

5th place – $1,500 $1,500.00

Sub-total $40,500.00

TOTAL in the 3 OPEN sections $216,500.00

U2200, U2000, U1800

1st place – $20,000 $20,000.00

2nd place – $10,000 $10,000.00

3rd place – $6,000 $6,000.00

4th place – $3,000 $3,000.00

5th place – $2,000 $2,000.00

6th place – $1,500 $1,500.00

7th place – $1,200 $1,200.00

8th place – $800 $800.00

9th to 20th – each $600 $7,200.00

21st to 40th – each $500 $10,000.00

Sub-total for each section of the U2200, U2000, U1800 $61,700.00

TOTAL in U2200, U2000, U1800 $185,100.00

Under 1600 Section

1st place – $18,000 $18,000.00

2nd place – $9,000 $9,000.00

3rd place – $5,000 $5,000.00

4th place – $3,000 $3,000.00

5th place – $2,000 $2,000.00

6th place – $1,400 $1,400.00

7th place – $1,000 $1,000.00

8th place – $800 $800.00

9th to 20th – each $600 $7,200.00

21st to 40th – each $500 $10,000.00

Sub-total for U1600 $57,400.00

Top Under 1400

1st place – $12,000 $12,000.00

2nd place – $6,000 $6,000.00

3rd place – $3,000 $3,000.00

4th place – $2,000 $2,000.00

5th place – $1,500 $1,500.00

Sub-total for Top Under 1400 $24,500.00

Top Under 1200

1st place – $8,000 $8,000.00

2nd place – $4,000 $4,000.00

3rd place – $2,000 $2,000.00

4th place – $1,500 $1,500.00

5th place – $1,000 $1,000.00

Total for Top Under 1200 $16,500.00

TOTAL in U1600 $98,400.00

Tie Break Consolation for Open Section Only $4,000.00

Biggest upset prize $800.00

Mixed Double $1,000.00

Best dress for man ($100 X 4 days) $400.00

Best dress for woman ($100 X 4 days) $400.00

Best dress for child under 18 years old ($100 X 4 days) $400.00

Top female Prize (OPEN) $1,000.00

Top female Prize (U2200) $500.00

Top female Prize (U2000) $500.00

Top female Prize (U1800) $500.00

Top female Prize (U1600) $500.00

Total for Special Prizes $10,000.00

mdinnerspace

Under 1400 has 5 prizes for $24,500

Under 1200 has 5 prizes for $16,500

This to me is mind boggling, paying out large sums for mediocrity.

woton
mdinnerspace wrote:

Under 1400 has 5 prizes for $24,500

Under 1200 has 5 prizes for $16,500

This to me is mind boggling, paying out large sums for mediocrity.

The same can be said for the World Open, the Philadelphia Open, etc. (I know, MC has the highest payout, but the priciple is the same).  High-rated players want big payouts.  The organizers, wanting to attract high-rated players, need large numbers of low-rated players to subsidize the Open Section prize fund and pay the tournament's expenses.  Thus, the organizers have to pay high prizes to the low-rated players or they will stay home.

I'd just as soon see nominal (or no) prizes and lower entry fees, but that's not how the system presently works.

mdinnerspace

Yes. I'm well aware of how the system works here in the US. A different "system" is in place most everywhere else.

It is still baffling how the mentality here allows such a system to take hold. Well, I'm not baffled, I'm well aware of the mentality that exists of greed and profit, how gullible the public is. Still... it should not be so with other models that are proving a success in promoting and expanding chess.

Wake up America!

mdinnerspace

Are the payouts for the bottom sections % wise as large in the World and Phili Opens?

mdinnerspace

When I played tournaments years ago, lower classes supported the open section with their greater number if entries. Still, a top prize never compared % wise to the open winner as it does in MC3. $18,000 for under 1600. $50,000 for open. That's a huge chunk of prize money for class C.

mdinnerspace

mdinnerspace wrote:

When I played tournaments years ago, lower classes supported the open section with their greater number of entries. Still, a top prize never compared % wise to the open winner as it does in MC3. $18,000 for under 1600. $50,000 for open. That's a huge chunk of prize money for class C.