Saturday, July 23, 2011

Binions vs Golden Nugget Poker Tournaments - The Battle of the Blinds

I decided I wanted to play in a poker tournament on Friday so I went down to Fremont Street to check out the action.  I have been playing cash games at the Golden Nugget and decided to look into their tournament offerings.  I was in the area at about 6 p.m. and the Nugget had a tournament starting at 7 pm.  For $105  you get 8500 chips.  The levels are 20 minutes.  I then went across the way to Binion's and looked into their offerings.  Also starting at 7 pm, Binion's has a tournament for $75 wherein you get 7500 chips and the levels are 20 minutes.  So it came down to a battle of the blinds.  Binion's wins hands down.  The first three levels are identical.  After that the Nuggets blinds start to sky rocket. Here's a break down

                                  Binion's                                                            Golden Nugget

Level 4                    $150/300                                                                   $200/400
Level 5                    $200/400                                                                   $300/600
Level 6                    $300/600                                                                   $500/1000

Level 7                    $500/1000                                                                 $1000/2000
Level 8                    $800/1600                                                                 $2000/4000
Level 9                    $1000/2000                                                               $3000/6000
Level 10                  $1500/3000                                                               $5000/10000

As you can see there is quite a difference between the blind structures in the two tournaments.  The dollar for chips ratio is better at Binion's.  Binion's is clearly the better deal

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