#11
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Re: Where does TV poker coveage ad money go?
Same place the ad money goes for sitcoms, dramatic series, and "reality" shows: to the production companies who put up the money to make them.
Poker shows are cheap to make, but definitely not free. In addition to the commentators, and pretty girl, you have a substantial number of crew and a lot of equipment, and the trucks to haul it. Somebody has to pay for all that, and whoever pays, expects to make a profit. |
#12
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Re: Where does TV poker coveage ad money go?
[ QUOTE ]
Think about it, they have to pay the casino for the time and space (NOT CHEAP), pay people to run the tournament, pay the people to tape it, pay the play by play guys etc. [/ QUOTE ] This is just wrong on so many levels. Casino's run tourney's regardless of WPT/WSOP. The money to run it comes from the vig. WPT/WSOP still charges the vig. Whatever money comes from TV is above and beyond. Also, your arguments about it takes money to run things. Well, that's true for every event. Every golf event, every basketball game, every [insert any major event]. For all of those, the competetitor's prize money comes at least partially, if not mostly, from the event organizers. In poker, the competitor get zero money from the organizers and actually pay the organizers the vig. It sounds like the answer to my original question is, the WPT/WSOP just pocket it all. Nice work if you can swing it I suppose..start filming something that was already occurring and rake in the profit and give nothing back to the community that's making you the money. |
#13
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Re: Where does TV poker coveage ad money go?
[ QUOTE ]
It sounds like the answer to my original question is, the WPT/WSOP just pocket it all. [/ QUOTE ] As far as the WPT goes, Lyle Berman pockets it all. OK, I'm sure he's got partners, etc. but he pockets a bunch of it. |
#14
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Re: Where does TV poker coveage ad money go?
[ QUOTE ]
Casino's run tourney's regardless of WPT/WSOP. The money to run it comes from the vig. WPT/WSOP still charges the vig. Whatever money comes from TV is above and beyond. [/ QUOTE ] Every casino in Atantic City has tournamnets daily. The don't draw crowds or get filmed or make television, do you want to know why? Because the casino doesn't draw much for regular tournaments. WSOP and WPT are on the owners dime not the casino. [ QUOTE ] Nice work if you can swing it I suppose..start filming something that was already occurring and rake in the profit and give nothing back to the community that's making you the money. [/ QUOTE ] WSOP was the first structure to determine a champion. Give nothingback to the community? Well think about it if it wasn't for them filming and putting it on TV the game would not be popular at all. you would not be able to log onto so many sites and play, and there would not be so many card rooms full of people. Say it cost $1million to produce a TV episode of WSOP. IF ESPN buys it from WSOP for $5 they get a $4 million profit and you want them to contribute some to the pot. Well what happens when ESPN says "ah we don't want that episode" and WSOP loses money. Should the tourney players pay extra money to WSOP to help them out? |
#15
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Re: Where does TV poker coveage ad money go?
A - it doesn't cost $1 million to produce an episode. if it does, then everybody on that show whould be fired and they should let me produce it for a fraction of that.
B - Nobody is saying that the people producing the shows shouldn't profit from it. what we ARE saying is that if there is all of a sudden a windfall of sponsorship money involved in these tournaments, then it is in the general good interest of the game, the longevity, and the allure of the game to use some of that money to sweeten the prize pool. at the very least, eliminate the vig players must pay for these tournaments. its the least the production company could do for the stars of its shows. |
#16
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Re: Where does TV poker coveage ad money go?
The 1million was an example pal geez.
Anyway heres my last comment in the thread. How much does it cost to make Wheel of fortune? How much do the players win? And how much does the show make? The show profits millions each days. Do you see the game show contestants saying "You guys should give us more of a cut of the profit!" The production company keeps the money it earns. Good luck to everyone. |
#17
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Re: Where does TV poker coveage ad money go?
[ QUOTE ]
The 1million was an example pal geez. Anyway heres my last comment in the thread. How much does it cost to make Wheel of fortune? How much do the players win? And how much does the show make? The show profits millions each days. Do you see the game show contestants saying "You guys should give us more of a cut of the profit!" The production company keeps the money it earns. Good luck to everyone. [/ QUOTE ] Comparing Wheel of Fortune to Poker is like comparing Shakespeare's theatre productions to Big Brother; Wheel Of Fortune players DONT PAY TO BE THERE. The players enter the tournament and pay the fee, lets say $500, that is the cost for them to use the dealers, toilets and occasionally eat from the buffet. If there was no TV deal the casino would make this money and be happy with it- but then ESPN comes in and a lot of money is made by showing it on TV to which the players see nothing. WPT can sell DVDs, produce their TV show (as far as I am aware) use the players likeness in whatever way they want: posters of the players, extreme right wing propaganda if they really wanted to. They can make a lot of money off the players who have already paid money to be sitting at the tables In poker: The prizemoney is raised by the players (Im not sure of the network bureaucracy) But the networks exchange money with the casino so they can film there Money is made from advertising on the network Money is made from the memorabilia and various other sources Poker players see none of this, they make a net LOSS from playing, regardless of these large sums of money being wafted around behind the curtains. In Golf players enter, and get to play on the courses for free Similar deals that occur with the casinos and WPT occur with the PGA/courses and the networks where money is exchanged for TV rights, a % of this (and Im presuming gate fees and event sponsors) money goes to the players in prizemoney Golfers make a huge profit from the field, Networks make a healthy profit, courses probably make a healthy profit- everyone is happy Does this seem fair? |
#18
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Re: Where does TV poker coveage ad money go?
[ QUOTE ]
How much does it cost to make Wheel of fortune? How much do the players win? And how much does the show make? [/ QUOTE ] Completely apples and oranges comparison. Wheel of Fortune contestants aren't paying to play and aren't creating the pot that's there to win. Poker is a competition where the players provide the prize money. The WSOP/WPT producers are making money off of these players without contributing anything to the players. Yes, TV broadcasts have made poker more popular, but that's irrelevant. Whether 10 or 10,000 people join a tournament, it's all prize money from the people playing. If I organized the tiddlywinks championship and TV wanted coverage, I'd take some profit from the broadcast rights and distribute some to the prize fund. If the TV coverage folks said "No, you can't have any money", I'd tell them to stuff it. Why should I let them film my tiddlywinks championship, intrude on my players, and let them take all the profit? WSOP/WPT would have nothing without the players, yet pay the players nothing. Players would be fine without the WSOP/WPT as the casinos would still run tourneys all the time. Fossilman nailed it before though. In most other competitions, the competitors have a union that helps negotiate the split the competitors get for the broadcasting rights. Poker players don't and thus get nothing. |
#19
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Re: Where does TV poker coveage ad money go?
The WPT, the EPT, the WSOP and all of the lesser televised tournaments should not pay the players a dime, and in turn the players should see this as their opportunity to seize on the fact that Lyle Berman and his ilk are putting money in their back pockets that rightly should go to the players.
If the poker boom lasts I see it going the same way as baseball did many many years ago. During baseballs inception players we paid very poorly and basicly told that there were lucky to be paid at all. Then many years later the players realized they were providing all the content, without them the game did not exist in the form it was presented to the public. The guy earlier who was talking about Wheel of Fortune……the participant pool is never ending......no relevance to this topic. He goes on to say that we don’t think like businessmen. Well I would say it depends on what side of the business we are talking about, the player side or the owner side. And I’d finally like to comment on the fact that union destroy most business.......bla bla bla |
#20
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Re: Where does TV poker coveage ad money go?
Guys, you can stop trying to reason with resboard. He's obviously an idiot and his argument comes down to this
[ QUOTE ] On a side note, down with unions. Unions destory most businesses. [/ QUOTE ] He's just a retarded Alex Keaton. Leave him be. |
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