The thirteen-time World Series of Poker bracelet winner decided that Monday was the day to publicly call out the formula of the Global Poker Index. In his a recent tweet on the subject, he calls the GPI “very flawed” saying he “can’t respect” a system that “counts $100,000 high rollers.”
The GPI formula has a buy-in cap of $20k, so a $100k buy-in only counts as a $20k and the GPI only includes events that are open to all players.
A buy-in cap is applied at roughly the 99th percentile of qualifying events to ensure extremely high buy-in events do not skew the overall GPI score. For any event with a buy-in larger than the buy-in cap, the buy-in cap is used to calculate the score rather than the actual buy-in amount. Administration to determine the cap on buy-ins is performed one time per year. The buy-in cap for 2014 is set at $20,000 USD.
Apparently, the GPI ranking system isn’t the only one that takes into account big buy-in tournaments.
According to Daniel Negreanu all of the major Player Of The Year ranking systems count them, but with the Global Poker Index quickly rising to become the premiere ranking system in the industry, perhaps there’s some tweaking that can still be done. If so, GPI boss Alexandre Dreyfus is open to suggestions.
What do you think? What’s the highest buy-in amount that should be counted in a poker ranking system?