View Single Post
  #13  
Old 05-02-2005, 01:10 AM
goodguy_1 goodguy_1 is offline
Senior Member
 
Join Date: Sep 2002
Posts: 1,028
Default Re: Change in Games Grid VFP Program

they should have waited at least another month or two to do this.But no way could they take a huge onslaught of players.At a $3-6 table they were paying out $12 an hour VFP and FPP combined to 9 players per table or $108 an hour and only collecting ~$50 in rake per table so for each table hr they were losing ~$58 maybe less if my rake numbers are wrong.Even now with VFP cut in half to $4.50 per hour GG is paying $3-6 players ~$7.50 per table-hour.They are still losing money most probably but only $20 per table not $50.They were out of line with there initial promotions..but perhaps they knew it and just wanted to get a buzz going.I would guess they will cut back other aspects of the program in the near future.Maybe they can take montly losses to promote the site of $5K-$10K but more than that they couldnt justify.This is longtime backgammon site..these guys arent idiots..
Reply With Quote