Re: PokerStars & FPP\'s, Getting Screwed?
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O-Doyle went to the WSOP ME for 120k hands on a different site (didn't even have to be raked-hands as I recall) and I think that's a pretty reasonable value.
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Hey Bob,
That was actually an exceptional value that True Poker offered, 10 cents a hand with no limitation on what limit I had to play. True Poker actually lost money on just my direct hands because probably a good third of my play was .50/1.00 and $ 25 NL. True told me that my rake did not even cover the cost and I totally believe it. There is no way a poker site could offer this again in the future.
However, those hands had to be played in basically a six week time period, and from my memory, I believe it was in the neighborhood of 50 plus hours a week and that was on top of a full time job. The value to True was in the promotional value of what I did. It did drive business to their site and got them alot of attention for a two month period. This made offering such a deal to one player reasonable, but to offer this same deal to 10, 20 or 10,000 players would be a losing proposition for any poker site. I would be stunned that any poker site (other than a start up site would ever offer this again.)
More thoughts about the free rolls:
I think alot of players are missing the value that PokerStars are putting out there in free rolls. I perceive it to be very high.
If your SuperNova you could play in the following free rolls:
12 $ 100,000 free rolls (monthly)
52 $ 2,500 free rolls (weekly)
52 $ 5,000 free rolls (weekly)
52 $ 7,500 free rolls (weekly)
52 $ 10,000 free rolls (weekly)*
(These actually get $ 2,000 added every month which would add another $ 288,000 in prize money.)
This is a total of $ 2,788,000 in free roll money. Now this is an insane amount of tournies to play, so once you hit SuperNova, you may decide to pass on the $ 2,500 &
$ 5,000 free rolls. You are still playing in tournies for
$ 2,398,000 in total prize money if you skip these.
If these tournies pay out alot of places in a flat manner, (what I would prefer) the chances of cashing in these things may be as high as 1 in 3. (Especially the SuperNova tournies which will not have nearly as many players, maybe as good as 1 in 2,1 in a 2.5 chance to cash)
Lets just take this assumption, throwing out the $2,500 & $ 5,000 free rolls, that an average payout on these tournies would be $ 150.00 You would play in a total of 118 tournies, placing in a third of them, (assuming you are just an average player) for a total of approximately 40 cashes for $ 6,000 in tourney free roll cashes.
Farfetched, I don't think so, especially if there is a flat payout system in these tournies.
Far fetched, I don't think so, if they have flat payouts, I think this would be a conservative estimate to be made if you are just an average tourney player.
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