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#101
11-17-2007, 07:39 PM
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Re: Zero Rake Poker Business plan
[ QUOTE ]
[/ QUOTE ] Tuff, I admire your enthusiasm, but I have a serious question for you. Do you think when a FTSE100 company is forced to drop 85% of it's revenue that it might have had every top legal mind at it's disposal looking at legal ways to offer poker in the US? [/ QUOTE ] This post has kind of been lost in the shuffle of this whole thread. Mike, the lawyers there evidently couldn't figure out how to do it but several other sites could. Is that due to the whole situation of party being a publicly traded company as others have speculated or were the lawyers hired by Party just significantly more gun-shy and conservative compared with the PokerStars and FullTilt lawyers who were looking at the very same UIGEA? [/ QUOTE ] If tomorrow Mexico made the transportation of alcohol in and out of the country illegal, would Coors still sell beer in Mexico if they were selling something that was illegally brought into the country? I just thought of that off the top of my head, so it may not be a great analogy, but you get the point. 
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#102
11-17-2007, 08:15 PM
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Re: Zero Rake Poker Business plan
Tuff- good luck in the Million!
I would play. In fact, take a look at the ESPN poker club site. They are running it free on an advertising model. The software is easy. The hosting is cheap. This is very doable.
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#103
11-17-2007, 08:32 PM
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Re: Zero Rake Poker Business plan
I like everything but 1 table per person, pacicfic poker did this and eventually caved in to the demand of more tables. 1 table is just to boring man at least give us 6 then u wont sit there for 30 seconds waiting for ur turn agian. Seriously 1 table is a waste of life imo.
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#104
11-17-2007, 08:48 PM
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Re: Zero Rake Poker Business plan
[ QUOTE ]
[ QUOTE ] I think the problem is still going to be found in funding. UIGEA targetted payment processors, [/ QUOTE ] UIGEA targeted transfers to UNLAWFUL gambling sites. Since there is no rake etc, the presumption is that it IS lawful. Hence, no problem. [/ QUOTE ] lol, do you seriously think because there is no rake that the government wont consider it illegal? Gambling is illegal not because the house takes rake, but because gambling is addictive and it will ruin the life of anyone who partakes in it, and its our governments job to save us from ourselves.
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#105
11-17-2007, 09:34 PM
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Re: Zero Rake Poker Business plan
Tuff still didnt address the issue that WSEX is already VERY VERY close to what he proposes and is the rockiest site around, it also has bot problems. I dont think tuff has a strong enough understanding of how things work to be the brainchild of attempting such an undertaking.
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#107
11-17-2007, 10:02 PM
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Re: Zero Rake Poker Business plan
Tuff,
It sounds like you thought you found a loophole in which would allow you to start a site. You didn't, but let's say you did. How would you pay for the six-figures in fees associated with accepting all these players' deposits via visa/mc etc. each year? Since you said "well advertised" how will you pay the millions each year for that? What about development and licensing costs of the client software? 24 hour support staff paid in American wages? Where does all this money come from?
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#108
11-17-2007, 10:11 PM
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Re: Zero Rake Poker Business plan
[ QUOTE ]
Tuff still didnt address the issue that WSEX is already VERY VERY close to what he proposes and is the rockiest site around, it also has bot problems. I dont think tuff has a strong enough understanding of how things work to be the brainchild of attempting such an undertaking. [/ QUOTE ] WSEX was/is not even close to what I have in mind. Not to beat a dead horse that has been flayed incessantly, but WSEX has a rake redistribution model, not a zero rake model. That is a model tailor made for nittiness. And their software sucked huge when they started, and now they have the same problems moving cash in and out as all the other offshore sites. All of you, enough already. I have my answer, not a lot of thanks to most of you. Think Super Bowl ad, a cheap one late 4th quarter. Or several before and after. Or maybe both, kinda depends. This site will happen or it won't. If it happens, the rec players will come in droves. You will come in droves. You all will crawl on your hands and knees across a quarter mile of broken glass to sign up. Cheers, Tuff << 2nd appearance in the Sunday Millions.. [img]/images/graemlins/laugh.gif[/img]
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#110
11-17-2007, 10:33 PM
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Re: Zero Rake Poker Business plan
[ QUOTE ]
Tuff << 2nd appearance in the Sunday Millions.. [img]/images/graemlins/laugh.gif[/img] [/ QUOTE ] So THAT'S how he's gonna finance this endeavor, duh! Anyway, god bless you and your important work, sir. You get the site up n' runnin' - I might check it out. If you offer a good enough deposit bonus, that is [img]/images/graemlins/wink.gif[/img] (Yeah - I LIKE making money when idiots build pots hand-after-hand while I play a good one on one of the several tables I'm on. Why wouldn't I? That's a big reason I don't go to the local casino - 'cause I'd have to fold a bunch ON 1 TABLE, and I wouldn't get anything for it either.)
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