Mid-States Poker Tour (MSPT)
What is the Mid-States Poker Tour (MSPT)The Mid-Stakes Poker Tour aims to fill a gap between the pageantry of big buy-in tourneys — like the World Series Of Poker and World Poker Tour — and the daily small-stakes tournaments from most poker rooms. In its own self-description, the organization says its events are “a series of affordable deep stack no-limit hold’em tournaments designed for ‘weekend warriors.’” The MSPT gives lower-stakes players the same thrill as playing in a larger series, but without the sticker shock. Where larger series tend to run events at price points between $300 and $10,000 per buy-in, the MSPT focuses on series made up of events with $80 to $1,100 buy-ins. In normal years, when play isn’t stymied by pandemic concerns, the MSPT also runs smaller regional events. These regionals use the same structures as the main series, but at even lower buy-ins.
When are MSPT Events Being Held This Year?2021’s schedule is a little sparser than in some years, but the MSPT is still running events. The schedule for 2021 is as follows:
|Date||Location||Main Event Title||Number of Events|
|April 29 – May 9||Sycuan Casino Resorts, San Diego, California||Showdown Series – $300,000 Guarantee||11 (+ Satellites)|
|May 14 – May 16||Silverado Franklin, Deadwood, South Dakota||South Dakota State Championship – $100,000 Guarantee||1 (+ Satellites)|
|Jun 2 – Jun 7||The Venetian, Las Vegas, Nevada||Main Event 176 – $1,500,000 Guarantee||1 (+ Satellites)|
|Jun 10 – Jun 14||The Venetian, Las Vegas, Nevada||Main Event 177 – $2,000,000 Guarantee||1 (+ Satellites)|
|Sep 16 – Sep 27||Sycuan Casino Resorts, San Diego, California||United States Poker Championship – $500,000 Guarantee||10 (+ Satellites)|
Mid-States Poker Tour Play FormatMSPT’s main events are all deep stack, multi-day tournaments. The main events allow rebuys for the first 13 blind levels (ending at 1,500-2,500 with a 2,500 BB ante). They tend to have two or three first days, allowing for additional re-entries for any players who bust out on Day 1a. Starting stacks are usually 25,000 in chips with starting blinds of 100-100, and a big blind ante of 100. Blind levels are 40 minutes long, and the big blind ante transitions to a standard ante when the tourney is down to 24 players. Smaller events generally follow a similar format to the main event, with small adjustments. These changes tend to be straightforward changes up or down. Most amendments are made to the blind level length (typically moved down to 20-30 minutes per level), the length of the rebuy period (down to 9 levels typically), and the number of days for which the smaller events run (they are usually just one day events). All events occur on standard 8-handed tables.
MSPT Payout StructureMSPT events pay out to the top 10% of players (with slight adjustments). For example, the Riverside Casino Main Event in March 2021 paid out to the top 90 players of the 862-player field. Top finishers in an event of this size received:
- 20% for first
- 12% for second
- 8.5% for third
- 6.4% for fourth
- 4.8% for fifth
- 3.6% for sixth
- 2.8% for seventh
- 2.2% for eighth
- This continues down to a min-cash of roughly double the player’s buy-in.
History of MSPTThe Minnesota State Poker Tour was founded in 2009. After a successful first year, it moved into Iowa. In the following years, the series expanded again and again until it was in far too many states to still call itself a Minnesota tour. The name of the series needed changing. The higher-ups rebranded the event to the Mid-Stakes Poker Tour, allowing the organization to keep the same acronym and most of its logo art. Since then the successes of the series have carried it to major gambling hubs including Vegas, California, and Colorado. It continued to expand until COVID caused a temporary contraction in the live poker market. Despite its growth, the majority of the stops on the tour have remained true to its midwestern origins. Although the series targets amateur players, several big-name pros have entered events (Jamie Gold, Annette Obrestad, and Greg Raymer) or won the MSPT player of the year award (Matt Salsberg and Mukul Pahuja). Live streaming and RFID technology have allowed the series to air its main event final tables on the internet in recent years, further enhancing its reach.
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Published on May 17, 2021