#31
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Re: Zero Rake Poker Business plan
Ok Tuff, I’ll bite.
On the face of it, it would be a great idea apart from the 1 table aspect. I don’t understand why you would limit to 1 table. Let people have multiple accounts as long as they don’t play at the same table and let them change names as often as they like. No tracking systems allowed. I don’t know if you are just blowing in the wind but if you have an idea go for it. However, don’t come on here offering just a snippet of information and expect everybody to roll over and say how great you are. If you work with posters here are ask for ideas to help or improve your model you will gain support. If you berate people because they have not immediately fallen at your feet then you will get nowhere. You say there is a catch but won’t tell us what that is. This immediately makes people think there is a serious flaw to your model. Good luck if you are serious but give more info if you want to gain support from hardened players who have heard a million theories before. |
#32
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Re: Zero Rake Poker Business plan
Time for bucket Tuffrus.
"I has a business plan." "Oh noes... they be stealing my business plan!!" |
#33
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Re: Zero Rake Poker Business plan
This has been tried before, and failed horribly.
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#34
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Re: Zero Rake Poker Business plan
[ QUOTE ]
Time for bucket Tuffrus. "I has a business plan." "Oh noes... they be stealing my business plan!!" [/ QUOTE ] ROFLMAO |
#35
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Re: Zero Rake Poker Business plan
Tuff,
I do like some of your ideas and I'm all for getting rid of the 16 tabling nut peddlers but I really don't see how this could work. I think you are underestimating the startup costs and the cost of drawing players to the site, where are those dollars coming from? Then of course you have all the other operational expenses that come with running a functional poker site. I look forward to hearing why anyone would want to start such a site. |
#36
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Re: Zero Rake Poker Business plan
I think you should have 50 sites like this. One for every state in the US. Of course out-of-state visitors would also be welcome to each site -- perhaps there should be a centralised user database so visitors from one state can seamlessly log onto and fund another. Also the software should be fast and not keep crashing, so you could open some other programs at the same time. Then it would be perfectly reasonable not to allow players to play more than one table at each site.
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#37
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Re: Zero Rake Poker Business plan
Tuff-
The DoJ insists that all internet gambling is covered under the wire act (even though it clearly isn't and this has been determined in a 5th circuit court). But either way, be prepared for some litigation. |
#38
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Re: Zero Rake Poker Business plan
Tuff-
Why a one table maximum? Even Party Poker, in it's early years, allowed up to 4 tables. Even bad players like to play more than one table at a time. Online poker is pretty much boring for anybody playing a single table. I don't understand why you are so one-track minded on this issue. |
#39
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Re: Zero Rake Poker Business plan
All,
Tuff's assertion is that home games that don't collect a rake are legal in most states. So essentially this would be a "home game with no collection" site. I'm not sure of how he would fund the site other than maybe advertisements. I'm not sure if the DoJ would pursue the site or not. But if they did you can bet (no pun intended) that there would be some pretty good lawyers (either pro-bono or paid by another source) and it would have a pretty good case. |
#40
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Re: Zero Rake Poker Business plan
Woke up early this morning and my mind was just bubbling with thoughts about how to make it all work out.
One reason I am not really telling all the details is that there may be a way to make some money here. Probably not but possible. I want to to get my ideas vetted by a couple of people who actually know what is doable and legal. A site with no rake, table charge, or membership fee has very limited profit potential. If advertising can pass legal muster, you can bet there will be a blizzard of ads all over the place. Not the kind that hold up the game such as one poster suggested, but they would be in abundance. Right now I am assuming that there would be objections from the DOJ and various AGs trying to curry favor with Dr James Dobson and his ilk at Foes of Freedom. So, I am not counting on advertisement, but if it works, well, somebody has to pay for the electricity to run the servers. Stay tuned. Tuff |
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