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  #11  
Old 09-02-2005, 09:58 PM
Benholio Benholio is offline
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Join Date: Jun 2004
Posts: 238
Default Re: does Party 6-max rake-increase help tight NL100 & under players?

[ QUOTE ]
If every player got 95% rake-back then Party would STILL be making a profit (albeit a pretty darned small one).


[/ QUOTE ]

It would be interesting to see what the margin is like for Party, but I think it is definitely less than 95%, so they would lose money in that scenario. I'm going to guess that 25-35% of the rake goes to overhead/advertising/etc, but thats a total guess.
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  #12  
Old 09-02-2005, 10:26 PM
MicroBob MicroBob is offline
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Join Date: Sep 2003
Location: memphis
Posts: 1,245
Default Re: does Party 6-max rake-increase help tight NL100 & under players?

They're pulling in about $1-million per day.

No way that 35% of their gross revenue goes towards advertising.
Yes way that more than 65% of that is going straight into their greedy little hands.
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  #13  
Old 09-03-2005, 06:30 AM
mattw mattw is offline
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Join Date: Oct 2003
Posts: 12
Default Re: does Party 6-max rake-increase help tight NL100 & under players?

now that PP is a publicly traded company, all that info will be available to someone who wants to look for it.
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  #14  
Old 09-03-2005, 06:44 AM
Benholio Benholio is offline
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Join Date: Jun 2004
Posts: 238
Default Re: does Party 6-max rake-increase help tight NL100 & under players?

[ QUOTE ]
They're pulling in about $1-million per day.

No way that 35% of their gross revenue goes towards advertising.
Yes way that more than 65% of that is going straight into their greedy little hands.

[/ QUOTE ]

Well, we already know their primary source(s) of advertising costs them 25%-30% or more of the rake. Think about it.
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  #15  
Old 09-03-2005, 09:47 AM
ISF ISF is offline
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Join Date: Oct 2004
Posts: 394
Default Re: does Party 6-max rake-increase help tight NL100 & under players?

This math is pretty trivial. It would hurt basically anyone. Say you get a 33% rake back deal. On a six max table you would be getting 1/3*1/6 = 1/18 of an average pots rake back every hand you are in. So you would have to be only winning 1 in 18 pots to be breakeven rakewise. Even if you are really tight you probably win between 1/8-1/7 pots.
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