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#61
07-25-2007, 10:28 PM
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Re: Why is SNG rake so high?
Dear Eric:
Thank you for pointing us to this thread, and we completely agree with sentiments of the original poster. As a result, we are happy to announce that we will be taking affirmative steps to increase the rake in mtts and cash games to achieve the equilibrium referred to. As he pointed out, it makes little sense to charge so much more for sngs. Akjar Team Poker Stars. 
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#62
07-25-2007, 10:29 PM
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Re: Why is SNG rake so high?
I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here.
It's very easy to say "you will get a lot more volume on high buyin SNGs if you lower the rake" when you aren't the one who has to deal with the fallout if it doesn't work. What if it doesn't increase traffic, or just a little bit? Now their revenue is down and they have to consider raising the rake back up. How well do you think that will go over? Maybe when they lower the rake FTP will have to lower theirs. Now if they raise it back up more people will bolt to FTP. But then they can come to DCJ311 and ryanghall and say "Hey guys, you told us this would work. So now how are you going to get us out of this mess?" Right? Now if you want to say "we don't care about your business model, we think the rake is too high and we're pissed" that's fine. I just think the idea that we somehow know more than they do about how to run their business is ludicrous.
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#63
07-25-2007, 10:39 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here. It's very easy to say "you will get a lot more volume on high buyin SNGs if you lower the rake" when you aren't the one who has to deal with the fallout if it doesn't work. What if it doesn't increase traffic, or just a little bit? Now their revenue is down and they have to consider raising the rake back up. How well do you think that will go over? Maybe when they lower the rake FTP will have to lower theirs. Now if they raise it back up more people will bolt to FTP. But then they can come to DCJ311 and ryanghall and say "Hey guys, you told us this would work. So now how are you going to get us out of this mess?" Right? Now if you want to say "we don't care about your business model, we think the rake is too high and we're pissed" that's fine. I just think the idea that we somehow know more than they do about how to run their business is ludicrous. [/ QUOTE ] The very large buyin sngs hardly run at all now and is likely making stars very little money. If they lowered the rake and money earned didn't go up then it would be easy to switch back and it wouldn't hurt anyone. That being said many people will play the <$60turbos for months before they realize they can't beat the rake and once they leave new idiots follow. That is why there is no incentive on those tables.
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#64
07-25-2007, 10:50 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here. It's very easy to say "you will get a lot more volume on high buyin SNGs if you lower the rake" when you aren't the one who has to deal with the fallout if it doesn't work. What if it doesn't increase traffic, or just a little bit? Now their revenue is down and they have to consider raising the rake back up. How well do you think that will go over? Maybe when they lower the rake FTP will have to lower theirs. Now if they raise it back up more people will bolt to FTP. But then they can come to DCJ311 and ryanghall and say "Hey guys, you told us this would work. So now how are you going to get us out of this mess?" Right? Now if you want to say "we don't care about your business model, we think the rake is too high and we're pissed" that's fine. I just think the idea that we somehow know more than they do about how to run their business is ludicrous. [/ QUOTE ] Suzzer, could you please look up all the top players' results on the 1050s and tell me how many, if any, are profitable on them? Thanks, ryan
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#65
07-25-2007, 10:59 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
[ QUOTE ] I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here. It's very easy to say "you will get a lot more volume on high buyin SNGs if you lower the rake" when you aren't the one who has to deal with the fallout if it doesn't work. What if it doesn't increase traffic, or just a little bit? Now their revenue is down and they have to consider raising the rake back up. How well do you think that will go over? Maybe when they lower the rake FTP will have to lower theirs. Now if they raise it back up more people will bolt to FTP. But then they can come to DCJ311 and ryanghall and say "Hey guys, you told us this would work. So now how are you going to get us out of this mess?" Right? Now if you want to say "we don't care about your business model, we think the rake is too high and we're pissed" that's fine. I just think the idea that we somehow know more than they do about how to run their business is ludicrous. [/ QUOTE ] Suzzer, could you please look up all the top players' results on the 1050s and tell me how many, if any, are profitable on them? Thanks, ryan [/ QUOTE ] And what does that have to do what Suzzer's point?
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#66
07-25-2007, 11:05 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
[ QUOTE ] I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here. It's very easy to say "you will get a lot more volume on high buyin SNGs if you lower the rake" when you aren't the one who has to deal with the fallout if it doesn't work. What if it doesn't increase traffic, or just a little bit? Now their revenue is down and they have to consider raising the rake back up. How well do you think that will go over? Maybe when they lower the rake FTP will have to lower theirs. Now if they raise it back up more people will bolt to FTP. But then they can come to DCJ311 and ryanghall and say "Hey guys, you told us this would work. So now how are you going to get us out of this mess?" Right? Now if you want to say "we don't care about your business model, we think the rake is too high and we're pissed" that's fine. I just think the idea that we somehow know more than they do about how to run their business is ludicrous. [/ QUOTE ] Suzzer, could you please look up all the top players' results on the 1050s and tell me how many, if any, are profitable on them? Thanks, ryan [/ QUOTE ] i ss'ed a 525 earlier today and the best player was +1600, all of the rest were negative, about 4 over neg 10K. cuurrent 525 running on stars, total profit for each player as follows: +81K, 4% roi +4K, 4% +27K, 4% +18K, 2% -6K, -6% -13K, -14% -33K, -18% -34K, -28% -11K, -50% (avg stake $136, loses $66 a tourney) kinda funny because at the 60's it is not at all uncommon to have 3 players +50K
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#67
07-25-2007, 11:10 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here. [/ QUOTE ] they could make much more money by increasing cash game rake so they havent thought of everything
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#68
07-25-2007, 11:23 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
I just think the idea that we somehow know more than they do about how to run their business is ludicrous. [/ QUOTE ] See, this is just ignorant. Are you really telling us that their business model for SNGs is 100% optimal? Poker sites have a LOT of flaws in their model, same as sports betting sites, and many other businesses. 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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#69
07-25-2007, 11:56 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here. It's very easy to say "you will get a lot more volume on high buyin SNGs if you lower the rake" when you aren't the one who has to deal with the fallout if it doesn't work. What if it doesn't increase traffic, or just a little bit? Now their revenue is down and they have to consider raising the rake back up. How well do you think that will go over? Maybe when they lower the rake FTP will have to lower theirs. Now if they raise it back up more people will bolt to FTP. But then they can come to DCJ311 and ryanghall and say "Hey guys, you told us this would work. So now how are you going to get us out of this mess?" Right? Now if you want to say "we don't care about your business model, we think the rake is too high and we're pissed" that's fine. I just think the idea that we somehow know more than they do about how to run their business is ludicrous. [/ QUOTE ] Suzzer, could you please look up all the top players' results on the 1050s and tell me how many, if any, are profitable on them? Thanks, ryan [/ QUOTE ] And what does that have to do what Suzzer's point? [/ QUOTE ] Because a) they're barely ever running anymore and b) when they did run they weren't profitable for anyone. Obviously in that situation they're not going to last and the site isn't going to profit. God, why are you so against a cut in SNG rake. It's painfully obvious it's too high. Add some good thoughts instead of your little snide comments or GTFO the thread. As you can probably all tell this is a topic that makes my blood boil. Ryan
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#70
07-25-2007, 11:56 PM
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Re: Why is SNG rake so high?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] I like how you guys are so confident that your analysis of the PS business model is vastly superior to their own. Do you think they've put zero thought into this? We aren't dealing with Party Poker here. It's very easy to say "you will get a lot more volume on high buyin SNGs if you lower the rake" when you aren't the one who has to deal with the fallout if it doesn't work. What if it doesn't increase traffic, or just a little bit? Now their revenue is down and they have to consider raising the rake back up. How well do you think that will go over? Maybe when they lower the rake FTP will have to lower theirs. Now if they raise it back up more people will bolt to FTP. But then they can come to DCJ311 and ryanghall and say "Hey guys, you told us this would work. So now how are you going to get us out of this mess?" Right? Now if you want to say "we don't care about your business model, we think the rake is too high and we're pissed" that's fine. I just think the idea that we somehow know more than they do about how to run their business is ludicrous. [/ QUOTE ] Suzzer, could you please look up all the top players' results on the 1050s and tell me how many, if any, are profitable on them? Thanks, ryan [/ QUOTE ] i ss'ed a 525 earlier today and the best player was +1600, all of the rest were negative, about 4 over neg 10K. cuurrent 525 running on stars, total profit for each player as follows: +81K, 4% roi +4K, 4% +27K, 4% +18K, 2% -6K, -6% -13K, -14% -33K, -18% -34K, -28% -11K, -50% (avg stake $136, loses $66 a tourney) kinda funny because at the 60's it is not at all uncommon to have 3 players +50K [/ QUOTE ] We'll be sure to consider your excellent sample size of 1.
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