The tournament that I've been sticking around for the last week or so since I busted Bellagio began today. It's a $10K buy-in with a million guaranteed first prize. The do the payouts by their normal payout structure for all places but then if first is less than a million they top it up to that, so there's an overlay (of only ~55K this year though as they got ~310 players). However, a lot of the players in the tournament are actually freeroll and special contest winners and there are a ton of satellite winners on top of that so this easily the softest 10K+ buy-in tournament in Vegas outside of the World Series. We played really late and are starting up again at noon so I can't write a big report, but I ran pretty good all day including set over setting someone on one of the last hands of the day to run my stack up to 457.6K from the 100K starting bank.
The structure is really bad and while there was a lot of play today it is going to become a complete crap shoot tomorrow, though to be honest that suits me just fine, especially if I can maintain a big stack into the bubble since there is going to be so much dead money scared satellite and freeroll winners. I think Cardplayer (www.cardplayer.com) is the only place doing live coverage so you can check there for updates throughout the day. Gotta try to get some sleep tonight for another (hopefully) long day tomorrow. Night,