han Posted May 9, 2008 Report Share Posted May 9, 2008 For those who don't know, there is Cavendish pairs on BBO vugraph right now. Only two forum regulars playing but lots of action and 1.2 million dollars raised in the auction. Come watch! Quote Link to comment Share on other sites More sharing options...
jdonn Posted May 10, 2008 Report Share Posted May 10, 2008 This thread is going to lose steam fast... Quote Link to comment Share on other sites More sharing options...
Guest Jlall Posted May 10, 2008 Report Share Posted May 10, 2008 i hate life. Quote Link to comment Share on other sites More sharing options...
jtfanclub Posted May 10, 2008 Report Share Posted May 10, 2008 So how much did the favored team have to put into the side pool? I've always wanted to be invited to the Cavendish, but I've also wondered how much it would set me back...not, of course, that I would be favored if I went in even with five pros. Quote Link to comment Share on other sites More sharing options...
han Posted May 10, 2008 Author Report Share Posted May 10, 2008 It's a pair game. Helgemo-Helness went for 73000 I think and I also think they have to pay 25% or 20% themselves. Someone can correct me if I'm wrong. Quote Link to comment Share on other sites More sharing options...
Mbodell Posted May 10, 2008 Report Share Posted May 10, 2008 I thought the way it went was each pair had to bid 12,500 for themselves an if no one bids on them they are liable for the full amount. If someone bids on them then I thought they didn't need to pay anything into the pool but are eligible for only a very small slice of it. But maybe one of the 2 forum regulars who played could clear it up. Quote Link to comment Share on other sites More sharing options...
han Posted May 10, 2008 Author Report Share Posted May 10, 2008 It's correct that they have to pay 12,500 if nobody bids on them. They do have to pay if they get bid on, and the more they sell for the more they have to pay. Quote Link to comment Share on other sites More sharing options...
TimG Posted May 10, 2008 Report Share Posted May 10, 2008 It's correct that they have to pay 12,500 if nobody bids on them. They do have to pay if they get bid on, and the more they sell for the more they have to pay. I think they must take at least 10% of themselves and can demand no more than 50%. Quote Link to comment Share on other sites More sharing options...
Guest Jlall Posted May 10, 2008 Report Share Posted May 10, 2008 it's 10-40 Quote Link to comment Share on other sites More sharing options...
jtfanclub Posted May 11, 2008 Report Share Posted May 11, 2008 Wow. That's a whole lotta dough. So how much was the high bid? Was it the $73K? Quote Link to comment Share on other sites More sharing options...
Mbodell Posted May 11, 2008 Report Share Posted May 11, 2008 Yes, that was the high bid. If you go to the cavendish web site at http://www.cavendishinvitational.com/ you will see the auction and the amounts and the prizes. Note that 10% of the top bid is still less than $12,500 so you never need to pay more than that and it is the unbid pairs who are most hard done by in terms of out of pocket mandatory expenses. Quote Link to comment Share on other sites More sharing options...
han Posted May 11, 2008 Author Report Share Posted May 11, 2008 Even the pairs that are not bid on might be able to get other people to buy a part of them. Quote Link to comment Share on other sites More sharing options...
brianshark Posted May 11, 2008 Report Share Posted May 11, 2008 I haven't been able to access the cavendish website since it started. the connection keeps timing out. In fact, I don't think I could last year either. Is anyone else having the same problem? Quote Link to comment Share on other sites More sharing options...
hotShot Posted May 11, 2008 Report Share Posted May 11, 2008 NO problem to reach the site from here. Quote Link to comment Share on other sites More sharing options...
TimG Posted May 11, 2008 Report Share Posted May 11, 2008 I haven't been able to access the cavendish website since it started. the connection keeps timing out. In fact, I don't think I could last year either. Is anyone else having the same problem? I've experienced a few timeout errors. Usually right after the link is provided during the vugraph presentation. Quote Link to comment Share on other sites More sharing options...
jtfanclub Posted May 11, 2008 Report Share Posted May 11, 2008 Note that 10% of the top bid is still less than $12,500 so you never need to pay more than that and it is the unbid pairs who are most hard done by in terms of out of pocket mandatory expenses. Which was almost a third of all pairs, and includes lots of names I recognize. Gulp. Hey, I know I'm not even close to an invite, but it's still fun to dream. Now I'm going to have to dream about coming up with the money first... Quote Link to comment Share on other sites More sharing options...
glen Posted May 12, 2008 Report Share Posted May 12, 2008 One has to admire Rodwell's Business Continuity Plan - he now has a great partner that can play the RM Club to win the big $ events and still call "Jeff". I've wondered if Hamman will be 100% comfortable playing the weak NT/five card majors favored by Zia and their koach. Perhaps the Nickell formation could have been Rodwell+Hampson, Hamman+Meckstroth? Thanks to World Bridge Productions, BBO, and the commentators for an excellent vugraph. Quote Link to comment Share on other sites More sharing options...
Apollo81 Posted May 12, 2008 Report Share Posted May 12, 2008 One has to admire Rodwell's Business Continuity Plan - he now has a great partner that can play the RM Club to win the big $ events and still call "Jeff". Why doesnt he play with Meckstroth? Quote Link to comment Share on other sites More sharing options...
hrothgar Posted May 12, 2008 Report Share Posted May 12, 2008 One has to admire Rodwell's Business Continuity Plan - he now has a great partner that can play the RM Club to win the big $ events and still call "Jeff". Why doesnt he play with Meckstroth? My understanding (based on past year''s discussions) is that its a combination of factors 1. If R+M were playing together they'd command a very high price. Associated with this, they be required to spend a chunk of their own money to purchase some fraction of their sales price. Auctions have some very perverse incentives built in... One important one is that the winning bidder will (very often) over pay for the the asset in question. This creates a clear incentive for top pairs to find ways to artificially depress their going price 2. R+M might need to make substantial changes to their methods to play in the Cavendish. I've heard that they prefer not to play in events that would force them to modify their methods... Quote Link to comment Share on other sites More sharing options...
Guest Jlall Posted May 12, 2008 Report Share Posted May 12, 2008 Weinstein, the guy whos won the event 5 times, says as a professional gambler he cannot justify playing in the cavendish anymore at this point (not that he'll stop, just that he goes for so high its a bad bet). Can you imagine if meckwell played together how high they would go for? Quote Link to comment Share on other sites More sharing options...
h2osmom Posted May 13, 2008 Report Share Posted May 13, 2008 Not sure this is the right place to post, but it's about the Cavendish. I was watching, on the Saturday, and there was a hand where I think Weinstein/Levin, were playing against Jannsma and his partner, and there was a director call involving a 6d contract and a hesitation. The director was going to consult with other directors prior to making a final ruling. I wondered if anyone knew the final ruling on that hand. Thank you. Quote Link to comment Share on other sites More sharing options...
fred Posted May 13, 2008 Report Share Posted May 13, 2008 Not sure this is the right place to post, but it's about the Cavendish. I was watching, on the Saturday, and there was a hand where I think Weinstein/Levin, were playing against Jannsma and his partner, and there was a director call involving a 6d contract and a hesitation. The director was going to consult with other directors prior to making a final ruling. I wondered if anyone knew the final ruling on that hand. Thank you. The rule was: the result stands Fred GitelmanBridge Base Inc.www.bridgebase.com Quote Link to comment Share on other sites More sharing options...
JoAnneM Posted May 14, 2008 Report Share Posted May 14, 2008 Can someone explain the difference between the regular pairs game and the World Production Pairs? Quote Link to comment Share on other sites More sharing options...
jdonn Posted May 14, 2008 Report Share Posted May 14, 2008 Can someone explain the difference between the regular pairs game and the World Production Pairs? The regular pairs game (the cavendish) is invitation only, essentially just open to the absolute best players in the world or players that are very close to that, as well as to the richest clients who will presumably bid a lot during the auction to put a lot of money in play. The WBP pairs is open to anyone who wants to enter, but tends to be a very good field with lots of expert players although for the most part not the absolute top players. They are run essentially the same with entry fees and a calcutta (auction), except the cavendish is more sessions, uses screens, and involves a lot more money! Quote Link to comment Share on other sites More sharing options...
JanM Posted May 14, 2008 Report Share Posted May 14, 2008 If I recall correctly, the winners of the WBP are entitled to play in the "real" event the following year. Quote Link to comment Share on other sites More sharing options...
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