Why is SNG rake so high?

[suzzer99]

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The fact that they don't seem to listen to totally rational explanations and are unable to give rebuttals to them infuriates me.

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That's because you say stuff like:

"It's abundantly clear that they're far better off charging $1050+20 for a SNG than charging $1050+50 and getting almost 0 action per day"

"By taking a 7-9% vig in a pool that naturally will contain less fish, they ensure themselves of offering a game that is nearly unbeatable and therefore unplayable, FPP promotions or not."

"If they lower the vig to about 2-4% across the board, they'll get overwhelmingly more players, as well as the multi-tabling players who can put up 8-12 tables at a time and play 100+ SNGs a day."


But you don't really back these statements up with anything except that you're 100% sure they're true. And the only rebuttal you have for Lee Jones' overfishing argument is that it's "absolutely idiotic". What he's saying is that he has to make it fairly tough for you (us) guys, especially as SNG science becomes more and more solved vs. what the casual player is doing. In that there's a balance. He thinks the balance is good where it's at. You don't. The fact that it's a little painful for you probably makes him feel better.

You think the $1050s will increase enough if he lowers the rake $30 to offset the 60% drop in revenue they would see on each one. He doesn't. I'm sure there's a good chance their business model isn't 100% optimal. But I have a feeling Lee and his team pour over a lot more real data than any of us could possibly have access to and spend a lot more time thinking about it. So I tend to give them the benefit of the doubt that they know what they're doing more than I do.

Anyway this is messed up because I'm basically on your side. I would love to see them lower rake. I just can't force myself to think it's necessarily a good business decision for them, or get all righteously indignant about it. I think if we're really going to bat with this thing we need some better arguments than what I'm hearing so far. So I'm done being a defacto PS shill now. Carry on.