I got into an interesting argument the other day about how a local tournament is run. My contention was quite simple. There is no information going in so why would you want to play it? My friend's argument was simple as well. He didn't care because he enjoyed it.
I guess part of it the debate is to me, his side makes little sense. The sheets announcing the tournament have no information about how much, how many chips you get or blind levels. Furthermore, it doesn't mention it is a rebuy tournament. The tournament is under the guise of a fund raiser for a softball team to boot. Bottom line to my part of the argument is that it is foolish to play a tournament without that vital information. They do not say how much of the buy in (only $25 I believe) is going to the team. They don't tell you how many rebuys have occurred and how much of that they are keeping. So the prize pool could be $1000 but they are paying out $600. Why would you play in such a tournament?
He says he doesn't mind as he has fun. It is the entertainment value. To an extent, I can see that. I say it all the time. If I am having fun, I don't mind losing.
Is it asking too much to ask for full disclosure? I wonder how many people would play if they knew how much the team was keeping?