Home' Trinidad and Tobago Guardian : March 15th 2014 Contents WORD WISE
Guardian www.guardian.co.tt Saturday, March 15, 2014
Stiff, canvas-like fabric
Remains of a shipwreck floating on the
Solution to Friday's puzzle
The word may sound familiar, but do you know
what it means?
Complete the grid so that every row, column and 3 x 3 box contains every digit from 1 to 9 inclusively.
There s always been an aura about the $10
million figure. When I was a kid in the 1980s,
it was a really big deal when the annual Pub-
lishers Clearing House sweepstakes, with
The Tonight Show s Ed McMahon as its
famous mouthpiece, increased its grand prize
to $10 million. It was an appealing hook,
and I took the bait.
I was all-in, filling out every entry form that
seemed to come in the mail on a daily basis, and
I even coaxed my parents into springing for a few
magazines. I firmly believed that it increased my
shot at winning, sort of like going from "devoured
by a shark" odds to catching a foul ball at a baseball
The World Series of Poker is looking for a sim-
ilar reaction. Officials announced last week that
the 2014 Main Event will feature a $10 million
guaranteed prize to its champion. It s a stoking
of the poker fire, and it comes with a bit of a
gamble. Tournament prize pools traditionally are
generated according to the size of the field, where
bigger is always better.
"We re sending a loud message that 2014 is
the year to come or come back again to the sig-
nature event in poker," WSOP Executive Director
Ty Stewart said.
However, the WSOP has exceeded $10 million
only once in its history, and that comes with a
bit of an asterisk. Online poker was running white-
hot in the US in 2006, and the various sites got
into an arms race to see who could fill the most
seats in the Main Event, as 8,773 players entered
Since that epic tournament, the WSOP has
averaged 6,690 players per year, with $8.6 million
allocated to the champ.
It s important to note that the Main Event
doesn t come with a guaranteed prize pool---that
remains liquid and will depend on the entrants,
as always. But if those numbers stay near the
averages, one can assume that fewer players will
have the chance to make less money in the
announced payout structure if $10 million is
reserved for the top.
Stewart has run the numbers. Last year, 14
per cent of the pool generated from 6,352 players
was reserved for reigning champion Ryan Riess.
If 2014 produced identical entrants, that lot would
increase to 17 per cent.
There is no question that playing for $10 million
adds a lot of excitement, but is it the kind of
attraction that can produce a larger field than
The Main Event historically pays back about
10 per cent of the field. Last year, 648 players
cashed at least the minimum $19,106.
Since it is so difficult to do---requiring multiple
days of 12-hour poker sessions to get there---you
could add a lot of interest in bumping up the
bottom ends of the payout ladder.
It s not realistic to enter a tournament like the
Main Event with the expectation of winning. You
enter with the thought of cashing.
A $25,000 minimum prize or expanding pay-
outs to the top 15 per cent to 20 per cent would
attract a larger recreational player field. That
would pull more money out of the final table,
but there still would be plenty for the champion
to be in that annual photo op surrounded by
bricks of cash.
Got a poker question or have a comment?
E-mail Chuck at email@example.com.
$10 MILLION GUARANTEE A BIG PRIZE, BUT WILL IT WORK?
Applications will be accepted from ten (10) working days prior to the auction date. The
deadline for submission of tenders to the Domestic Market Operations Department of the
Central Bank is 12:00 noon on the auction date.
Central Bank of Trinidad
and Tobago and must accompany each tender. Cheque payments must be submitted no later
than three (3) working days prior to the auction date.
Competitive tenders can be submitted for any amount up to the issue size and must state the
price the bidder is willing to pay for each $1,000 of the face value being applied for. Competitive
bids may be rejected if the face value of the entire issue is allocated at higher bid prices or if
made to a bid that is rejected.
bidder agrees to accept the weighted average price of the successful bids determined in the
For competitive tenders, payments must be in the amount of the total cost of the bills; for
non-competitive tenders, payments will be equivalent to the face value being applied for.
The Central Bank of Trinidad and Tobago invites tenders
from the public for the following issue:
TREASURY BILL AUCTION
Results of Tender for Treasury Bill numbers 1415 and 1416:
www.central-bank.org.tt/content/treasury-bills or call
TRINTOC (PENAL) CREDIT UNION
Co-operative Society Limited
February 17, 2014
NOTICE OF NOMINATION
Nominations are invited from eligible members who are
desirous of serving on the:
• Board of Directors
Nomination forms together with information on the basic
functions to be performed in the various positions can be
obtained from the credit union office
Completed forms must be submitted no later than March
31st, 2014 to:
Trintoc (Penal) Credit Union
By order of
Ms. Sharida Ali,
Secretary, Board of Directors
Clarke Road, Penal, Trinidad, W.I
Tel/Fax: 647-6007 / 7067 / 367-6621 / 291-2152 0221046
1,2A,7&14 Mislead (5,3,3,5)
4&11 Seats nearest the
cinema screen (5,3)
8 Man's name
9 Up until now
11 See 4A
13 Wading bird
14 See 1A
2 Constellation containing
3 Sharp teeth
4 Two-winged insect
6 Base or ignoble
10 Small bird
12 Night bird
ACROSS: 1 Put, 2 Off, 4
Front, 7 The, 8 Ian, 9 Yet,
11 Row, 13 Heron, 14
DOWN: 1 Pitch, 2 Orion 3
Fangs, 4 Fly, 5 Tor, 6
Low, 10 Tit, 12 Owl
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