Some astute Pokerati commenters have broken down the November Nine prizepool bump (note to self: actually read WSOP media guide; people worked hard on that) … and man, the economy the economy … Thanks to KevMath, Mean Gene, and Fifth Street Journal for showing us how such an infinitesimal little slice of the WSOP can reveal so much more.
Read their tri-alogue for relevant microeconomic calculations, and even some suggestions on how Harrah\’s might want to gamble with these funds in the future.
In a nutshell, last year $25 million held in the Nov-9 interim accrued $98k in interest. This year remaining payouts total $16 million; but the extra money that brings to the party — thanks to a drastic drop in short-term T-bill rates — is only $1,321.
ALT HED: Lack of Interest in the November Nine?
