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-   -   Some math to prove how smart party is (http://archives2.twoplustwo.com/showthread.php?t=189286)

Brainwalter 02-03-2005 02:08 PM

Some math to prove how smart party is
 
Right now during off-peak hours they have 4500 tables going. At 60 hands an hour and we'll say a conservative $1.5 average rake, they're raking in $405k per hour, not to mention tournament fees. The bad beat jackpot is 268k and they will keep 10% when that hits. They also have millions of our dollars from our poker accounts in interest-bearing accounts or high-yield investments.

Sorry for stating the obvious.

Bytestream 02-03-2005 02:56 PM

Re: Some math to prove how smart party is
 
Your math is a little off. 4500 tables, more then half are play money. According to pokerpulse, the 24hr peak for Party ring game tables was 2400.

So of the remaining tables, you have to figure in how many of those are players on Empire, Intertops, Pokernow, Multipoker, Eurobet etc...

And then out of that, you have to figure how many of those players signed up under affiliates and are getting up to 30% kickback in rake....

Then you have to figure out how much Party is paying out in RAF bonuses and sign up bonuses and reload bonuses to those currently playing...

all in total, it significantly dampens that 405k figure you quoted as "the obvious"....

Brainwalter 02-03-2005 03:49 PM

Re: Some math to prove how smart party is
 
Good points, but even after all that they are definitely clearing a couple million dollars a day. Now granted they have to pay their support personnel .25 an hour or whatever it was, and I'm sure they are giving out fifty-cent hats at an astonishing rate, but I'm sure they'll get by.

thwang99 02-03-2005 04:29 PM

Re: Some math to prove how smart party is
 
Keep in mind it's not always 1 player = 1 table. Now you have 1 player = 1.5 or maybe 2 tables, with all the quad tablers out there.

Having multiple tables is a great idea, it basically increases their rake significantly, but allows the player to play at their comfortable limit.


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