WSEX: Official Monthly Thread: July. (#11 of 12.)

[cjs]

I think this is a bad idea. 10% for ads I could live with but 25% is just too much. My win rate was negative before this and I play there alot. I think I'm going to stop playing there. If enough people do as I do then there will not be enough players to get games going. This could be the end of the room if this plan doesn't increase traffic.

[DCopper04]

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where is info that they are going to give money to affiliates?

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[Wilco666]

If I read the GM's post correctly, I guess they need most of the 25% to cover the costs of transaction fees, overlays and running the server.

[Seether]

I made a post earlier in the thread allowing for increased rakeback for high volume players. I have had another idea that I consider decent and easy to implement. Make the FPPs finally worth something. Allow players to trade in FPPs 50k at a time for a 1% permanent increase in rakeback with a max of 85%.
This will make long time players happy as they probably have many accumulated already as well as give new players something to shoot for.
The scale for FPPs looks like 12.5k in rake= 50k FPPs, I think this would be a very fair way of dealing with it. To be honest increased tournaments overlays and free rolls etc is useless for most of the consistent player base on wpex and all it helps with is if a tourney donk wins and decides to lose it at the ring tables.
My idea allows someone to "pay their dues" for increased rakeback.
Here is the scale if you allowed people to do it.
12.5 at 75%= $3125 paid to wpex in rake
12.5 at 76%= $3000
12.5 at 77%= $2875
12.5 at 78%= $2750
12.5 at 79%= $2625
12.5 at 80%= $2500
12.5 at 81%= $2375
12.5 at 82%= $2250
12.5 at 83%= $2125
12.5 at 84%= $2000

Using this system WPEX will make $25,625 in rake off a player going from the starting point to the highest point of 85% rakeback at which point wpex is still making much more money than previously while making the player base happy. These "achievement" levels will encourage people to play and who knows maybe change the color of someones name if they reach the highest level or something to give it some sort of prestige.
This also gives a slight advantage to those who have been supporting wpex for a long time as they should already have points saved up.
Comments? Good idea or total pipedream?

[RGL]

Seether, IMHO great idea! I suspect the incentive effect would be a big factor for some.

[RikaKazak]

If you weren't such a poor manager 100% rakeback would of never failed.

If you allowed pahud etc.

Got better software

You'd be doing a LOT better...ohhh...and try some more advertising [img]/images/graemlins/wink.gif[/img]

[jafeather]

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Make the FPPs finally worth something.

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So true. Even if not the plan you call for, let's get something out of them. They are really useless to the average player, and almost piss you off when you see them there on the cashier screen and know they are worth nothing.

I really like your idea, Seether. Who else has good ones? Let's brainstorm this a bit. Obviously, some kind of FPP store, maybe. Or larger buy-in FPP tourneys with some kind of real cash involved (much, much higher FPPs and Cash than the current.) Other ideas?

[BuddyQ]

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If you weren't such a poor manager 100% rakeback would of never failed.

If you allowed pahud etc.

Got better software

You'd be doing a LOT better...ohhh...and try some more advertising [img]/images/graemlins/wink.gif[/img]

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A much as I wanted wsex to succeed, I tend to agree with this sentiment.

The decision, after listening to a few vocal yahoos like 'tuff_fish,' to limit action to 4 tables, dis-allow HUD use, was a disaster. The number one reason for the failure of this site.

Also, the 25% they are now keeping seems to be for defraying operating costs, which leads me to believe little will change in terms of advertising/affiliates, and therefore site traffic will be little effected.

This is the final curtain call for wsex, in a few months the site could be completely busto.

Good idea, poor execution. GG Wsex.

[Fraubump]

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The decision, after listening to a few vocal yahoos like 'tuff_fish,' to limit action to 4 tables, dis-allow HUD use, was a disaster. The number one reason for the failure of this site....

Good idea, poor execution. GG Wsex.

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Do you really think that even better execution on getting more traffic to their poker site would have accomplished their stated goal of getting more business to their sportsbook? If the poker site had boomed it would have required more resources to handle that and I bet still they wouldn't have gotten the crossover traffic they desired. The only way to guarantee that would have been to make a certain amount of sports betting a requirement for getting free rake.

[BuddyQ]

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Do you really think that even better execution on getting more traffic to their poker site would have accomplished their stated goal of getting more business to their sportsbook? If the poker site had boomed it would have required more resources to handle that and I bet still they wouldn't have gotten the crossover traffic they desired. The only way to guarantee that would have been to make a certain amount of sports betting a requirement for getting free rake.

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Maybe so, but more traffic would have been better than less in any case. (and am I safe to assume the site is scalable, and that every new player did not have an exact corresponding increase in incremental operating cost?)