Short PRTY Buy WSEX

[kagame]

i agree about PRTY

what would you see as an alternative to WSEX as a main competitor?

also, please note that WSEX will be a great poker room for many reasons, not simply due to them having no rake

imho its a better looking/working/CS bodog with all the same great gambling action from sportsbooking

[Sniper]

Why haven't the few sites where Bonus+Rakeback > 100% rakeback, taken over yet?

[mother_brain]

[ QUOTE ]
Why haven't the few sites where Bonus+Rakeback > 100% rakeback, taken over yet?


[/ QUOTE ]

I dont think too many people understand how many BB/100 40% rakeback comes out to. I dont know for sure but i've got about 75K hands with it and my estimate is that its about 3 or 4 big blinds, so thats 1.5 or 2PTBB/100, not too shabby.(edit: thats NL play)

As for the details of the deal, i have no concern for the dollar amounts, just the other parts, regarding shorting PRTY.

[Sniper]

MB, my point is that there are already deals BETTER than rakefree out there and they have not stopped Party's growth!

[Nigel]

Is it legal to short Party from the US? I'm sure this has been discussed before, but I seem to remember reading conflicting opinions.

[Sniper]

[ QUOTE ]
Is it legal to short Party from the US? I'm sure this has been discussed before, but I seem to remember reading conflicting opinions.

[/ QUOTE ]

PartyGaming is a stock that is traded on the london exchange. The only difficulty is finding a broker that trades London shares (IB is one).

Why would trading these shares be "illegal"?

[kagame]

i havent played on any decently designed and operated site with this good of a rakeback deal, and ive tried everything

no other site has an incredible London poker Tournament that it sponsors

there are more elusive barriers to entry in this sector, i think word of mouth and "coolness" will create good player traffic

full tilt has done pretty well, i play there because of the good marketing im sure, otherwise i had no reason to switch from party

[Sniper]

[ QUOTE ]
there are more elusive barriers to entry in this sector, i think word of mouth and "coolness" will create good player traffic

[/ QUOTE ]

What incentive does WSEX have to offer affiliates to generate "word of mouth" fish traffic?

Fact is, there is minimal barriers to ENTRY in the online poker market and achievement of a minimum level of success (its pretty cheap to open a skin). However, there are significant barriers to success on a large scale, like Party has achieved.

[buffett]

[ QUOTE ]
PRTY is a poorly run business with a terrible affiliate model doomed to outpace revenues over the long haul.

[/ QUOTE ]
Please explain this more. It sounds like you're saying their affiliate payouts will be greater than their revenue, but I know that can't be right.

[mother_brain]

I would SOOOOOO much rather be short on GM than PRTY right now. I dont think shorts were designed for the most profitable business in the most profitable business sector in the world. You guys realize that pretty much other than coke dealers and exxon, Party Poker has like the largest profit margin in the world.