If you’ve been waiting for a clean runway into the $10K H.O.R.S.E. Championship, this is it. January is Satellite Season, built in the Cruise Pool format (two buy-in tiers, one field, two prize pools), and it rolls straight into The Melbourne Mix at PlayLive from 3–8 Feb 2026.
January: Milestone Satellites (Cruise Pool
Same tournament. Same stack. Same structure. Same opponents. Pick your deck:
You’ll notice the schedule lists buy-ins, not the admin split. That’s not us “hiding” anything, it’s us keeping the schedule readable for humans. The admin is standard, published, and shown on the structure sheets (and at the desk) because that’s where the details live. The schedule is a map, not the tax return.
Single-ante system (because we’re not here to waste hands)
Stud games use a single-ante system: one player posts the ante each hand. It speeds the game up, keeps pots moving, and reduces the “everyone antes, nobody plays” dead zone.
And yes, this is what “specialists” looks like. We’ve forgotten more about mixed structures than most rooms have ever had to learn. 😇
Admin maths, the honest version (plus the “pub maths” version)
Here are three simple metrics you can share without starting a Facebook civil war:
ETR (Effective Take Rate) = Fee ÷ Total buy-in
PPH (Player Pool Hit) = (Money back to players ÷ Total buy-in)
FPR (Fee-to-Prize Ratio) = Fee ÷ Prize Pool (the misleading one some people insist on using)
Quick housekeeping, before the maths police arrive.
For every Melbourne Mix event except the Satellites and the $10K H.O.R.S.E. Championship, there’s a flat $180 Trophy Contribution deducted from the total prize pool.
It’s $180 once per event (not per entry, not per bullet, not “$180 each”… breathe).
Why? Because trophies and series polish don’t appear by magic, and I’d rather give you a proper Melbourne Mix experience than a laminated certificate and a handshake.
And for the record: the Cock of the Walk (Player of the Series) is being thrown in by yours truly. No deduction. No fine print. Just me, paying for the privilege of watching you lot fight over it. You’re welcome. 😌👑
Quick closer
If you want a seat in the biggest H.O.R.S.E. buy-in Australia’s ever run, you don’t have to free-roll your bankroll into it. Win your way in, one milestone at a time. See you at PlayLive. Bring a hoodie. Bring patience. Bring range. 🐎♠️