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  #11  
Old 10-16-2006, 11:34 PM
iH8poker iH8poker is offline
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Join Date: May 2006
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Default Re: What if anything can we do to help WPEX gain market share?

[ QUOTE ]
any way to get them to upgrade their software so it easier to Multi table......as of now....it is very difficult to focus for any period of time when multi tabling there.

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How many tables do you multitable? They are set up for 4 tables at a time (plus tourneys I think). If you play short-handed thats a pretty fast ratio...about the same as 6 on stars because of a shorter clock on wsex. I can barely handled 4 short-handed, NL, tables myself. I'm testing the 5-top SNG waters .

All and all, I think the software is pretty good and the lags are less often. You gotta turn off animations though. I like the idea of the first $50 of rakeback goes to an affiliate and not the player. Something like this. "90% rakeback" is not near as good an ad as "100% rakeback" in my book. The first $50 would be a one time thing for new players only and would go to the affiliate...or maybe $35 to the affiliate and $15 for misc (free roll tourney, upgrades, ect.). What do you guys think of this idea?

iH8poker
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  #12  
Old 10-17-2006, 12:16 AM
Little_Luck Little_Luck is offline
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Default Re: What if anything can we do to help WPEX gain market share?

I like the idea of doing 1x in sportsbook/casino. This will generate revenue for wsex to be able to offer money to affliates. Any player who is smart enough to make money consistently at poker is smart enough to know how to limit the loss of 1x bonuses.
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  #13  
Old 10-17-2006, 12:29 AM
iH8poker iH8poker is offline
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Default Re: What if anything can we do to help WPEX gain market share?

[ QUOTE ]
I like the idea of doing 1x in sportsbook/casino. This will generate revenue for wsex to be able to offer money to affliates. Any player who is smart enough to make money consistently at poker is smart enough to know how to limit the loss of 1x bonuses.

[/ QUOTE ]

What does this mean exactly? I like the idea of bonuses related to the sportsbook but their margins are thin as is so I have doubts.

1x in clearing a sports book bonus normally means you deposit $50, then bet $50, bonus is cleared. Is this what you mean?
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  #14  
Old 10-17-2006, 01:12 AM
5thStreetHog 5thStreetHog is offline
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Default Re: What if anything can we do to help WPEX gain market share?

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I wouldn't mind if it became 90% RB, leaving them with a profit and some $ for marketing.

[/ QUOTE ]They have money to market from their sportsbooking,its not like they are in need of charity and running a poker site out of the kindness of their hearts.They made a business decision that their poker site would be an advertisement for their booking.Although i agree that it would be nice to see them more aggressively market "poker".

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Along with drawing customers to their Sports Book, they may be planning to run the Poker Room rakefree as a loss leader for the Poker Room itself. When their Poker Room trafic gets large enough you may find you've shot yourself in the foot as they install Rake to profit from it.

PairTheBoard

[/ QUOTE ]Your probably right.But ill enjoy it while it lasts [img]/images/graemlins/grin.gif[/img]
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  #15  
Old 10-17-2006, 07:38 AM
WarBus WarBus is offline
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Join Date: Feb 2004
Posts: 532
Default Re: What if anything can we do to help WPEX gain market share?

[ QUOTE ]
[ QUOTE ]
I like the idea of doing 1x in sportsbook/casino. This will generate revenue for wsex to be able to offer money to affliates. Any player who is smart enough to make money consistently at poker is smart enough to know how to limit the loss of 1x bonuses.

[/ QUOTE ]

What does this mean exactly? I like the idea of bonuses related to the sportsbook but their margins are thin as is so I have doubts.

1x in clearing a sports book bonus normally means you deposit $50, then bet $50, bonus is cleared. Is this what you mean?

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Correct. The margins are small, but it would require players to visit the sportsbook/casino on a weekly basis to receive their bonus money. Some players would only play games or place bets with a low house advantage. Others may feel like gambling it up with their free money.

The important part would be it would drive traffic to the sportsbook/casino of WPEX. Currently, the only reason for many players to visit the site is to deposit/withdraw money.

A 1x playthrough would require everyone to visit and potentially get hooked on a different form of gambling. If they add a "Sportsbetting for Dummies" section to their site for all the uninformed players, who knows how many players they could convert into long term sports bettors.
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  #16  
Old 10-17-2006, 04:16 PM
Little_Luck Little_Luck is offline
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Default Re: What if anything can we do to help WPEX gain market share?

Doing this 1x playthrough benefits us EV+ players much more than even 100 pct rb. By giving wsex additional revenue stream from donks wasting their rb checks in the sb/casino, it gives them some money to justify using to pay affliates and raise their real money players, making more rb wasted in sb/casino, and so on...

We benefit, if wsex has the ability to show a profit of x per poker client in offering affliates their piece. The players that are playing for a living or, at least, playing for a consistent profit will be smart enough to play blackjack or use it towards hedging sb bets. Say a $1,000 rb check 1x playthrough at blackjack has an expected loss with perfect play of around 5 dollars. Therefore, it turns into a 99.5 pct rakeback plus a little time spent playing blackjack.

I don't see how this 100 pct no-strings rakeback will work, except in a perfect world.
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  #17  
Old 10-17-2006, 10:00 PM
redbeard redbeard is offline
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Default Re: What if anything can we do to help WPEX gain market share?

lets also remember that wpex does make interest on the rake because it is not instanteoulsy returned to the player but returned at the end of the month. party used to make $4 million a day in rake. think how much interest that would add up to by the end of the month.
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  #18  
Old 10-17-2006, 10:22 PM
Little_Luck Little_Luck is offline
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Default Re: What if anything can we do to help WPEX gain market share?

Yes, but wsex has to eat the transaction costs associated with deposits and withdraws, which could be up to 3.9 percent.
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  #19  
Old 10-17-2006, 10:30 PM
mpslg mpslg is offline
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Join Date: Feb 2006
Posts: 306
Default Re: What if anything can we do to help WPEX gain market share?

[ QUOTE ]
lets also remember that wpex does make interest on the rake because it is not instanteoulsy returned to the player but returned at the end of the week . party used to make $4 million a day in rake. think how much interest that would add up to by the end of the week .

[/ QUOTE ]

fyp
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  #20  
Old 10-17-2006, 10:33 PM
Phil153 Phil153 is offline
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Join Date: Oct 2005
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Default Re: What if anything can we do to help WPEX gain market share?

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What if anything can we do to help WPEX gain market share?

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Get them to charge rake and spend it on advertising.
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