Re: The house takes all the money.
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All World Poker Exchange needs to do is sell a % of the site to: Nick Schulman, Tom Dwan, Prahlad Friedman, Krantz, Jman, TheBryce, Taylor Caby, Sbrugby, the guys over at stoxtrader without endorsement deals, a few more high profile 20 something year old pros, have them invest a million dollars for software as good as full tilt and pokerstars, and then they all play a ton of world poker tour and worlds series of poker events wearing logos for the site. And the rest of us will sport World Poker Exchange t-shirts and hats etc. Theyll charge max rake $1 per pot on low limit games, standard rake on high stakes games, cut the tournamets and sit n go fees to 2.5%. These guys will easily make their investment back oncee the site takes off. They'll each make millions of dollars infact. And this will all happen before Full Tilt or Pokerstars dares to compete on rake and lower theirs. Once this occurs , it wil be so easy for everyone to make much more $$$$. And so many bad players will last longer and end up making it to higher stakes where we can all feast on them. I'm the man with the plan, lets make it happen. People who know these guys contact them. Set the wheels in motion.
Or they could all get together and start their own site. World Poker Exchange sucks anyways.
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It's a good thing wpex as currently configured is a highly profitable business opportunity for those poker superstars to invest in and not a loss leader for a sports book. I'm sure charging no rake or much lower rake would enable them to support an adverstising budget, a software upgrade, and a twenty plus player roster including several highly intelligent, business-savvy people who will require return on their investment and who are aware of the same market forces that enable Stars and Full Tilt to charge what they do. It is particularly fortunate that the individuals named are all as well known among the general public as Full Tilt's pros, and that all of them are eager to travel the tournament circuit full-time to promote their new highly profitable business!
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