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Old 11-17-2007, 12:16 PM
Tuff_Fish Tuff_Fish is offline
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Join Date: Jan 2003
Location: San Diego
Posts: 980
Default Re: Zero Rake Poker Business plan

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I think this is going to be less and less true as more fisherman chase fewer fish. They are mostly going to be chasing each other.

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Out of curiosity, what makes you think all of the fish are going to swim to your lake? (I'm sure some will) The other lakes will still have fish.
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Being first to market, and, for a while at least, being the only US facing legitimate, easily funded poker site is one crucial key to success. The fish will be here because they can't easily be anywhere else. .
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Keep in mind that the huge majority of fish don't really know that they are fish at all.
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I don't? .
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I think the short clock to act is a great idea.

But I also think that you might actually be hurting your business by not allowing multi-tabling.
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But, the question is, am I hurting the lake?
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Remember, even the fish like to play multiple tables. One table gets extremely boring for anybody.

Besides that, if this idea were to work, other companies would surely "jump on it" and open similar sites. (I don't think it's possible to get a patent on something like this).
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Somehow, I don't think there is going to be great competition to open a business that has no possibility of profitability, at least in the conventional sense.
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When these similar sites allow multi-tabling, where do you think all of the players are going to go? And where the players go, the advertisers follow of course. This might be an issue that you could have to deal with in due time (along with litigation, etc.)
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Let's think about the advertising model for a minute. Please, somebody open up a zero rake site supported by advertising. I will be the first in and I promise to play under the name "Tuff Fish"


Would an advertiser want their ad seen seven times by one player or seen once by seven players. And by once, I mean the ad is persistant during the poker session. The advertiser will probably prefer that there be fewer tables but with each seat held by a unique individual player.

However, I am sure such a site would pay very close attention to details such as this and run the site appropriately. They will also be keenly interested in keeping the "lake" healthy.
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But altogether, I think it would take considerable time to get something like this going.
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I hope not too much time.
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And by the time that were to happen, we will likely already have some sort of regulated online poker in the United States (I'm sure you've been following the legislation forum). So there's a chance your efforts might be for nothing in the end. Of course you could still have your site regardless, but at that point you'll have a bunch of taxes to pay and you'll be competing against Harrah's and the like. Good luck.

'boy

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If Harrah's and others beat me to it, my work is done.

Tuff
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