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#61
10-08-2005, 10:56 PM
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Re: This will turn out to be a good thing for us
Absolutely not.
I believe the issue is the combination of regular casino and poker. When someone loses to the regular casino all the money goes to Party - it doesn't circulate around the tables and give us a chance to snag a percentage of it. I believe this will siphon off fish and make them Party's income source not ours. But perhaps I haven't considered what will happen when someone wins $100 on a slot and decides to enter a $100 SNG. 
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#63
10-08-2005, 11:01 PM
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Re: This will turn out to be a good thing for us
[ QUOTE ]
[ QUOTE ] I'm pretty upset. Empire just bumped me up to VIP last week. [/ QUOTE ] Eff them... 2000 points and still no bump. [/ QUOTE ] I think I had about 2300 when they bumped me.
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#65
10-09-2005, 12:44 AM
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Re: This will turn out to be a good thing for us
Hiya homer,
In the short term I don't think very much will change, people will just migrate to party...in less than a week Party's numbers will probably be close to what they were on the "old" network. Over the next few months the weaker (i.e. breakeven) "rakeback pros" will either bust out, improve their game, or migrate to other sites where they can still survive on rakeback. The games on party will probably be better than they are now (since at least some portion of the good players will have gone elsewhere and/or busted) and the competition among the sites will most likely heat up (we can hope). I don't see any doom and gloom on the horizon for myself, but it's probably going to be a long cold winter for the "rakeback pros" J
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#66
10-09-2005, 12:55 AM
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Re: This will turn out to be a good thing for us
[ QUOTE ]
One good thing could be when the dust settles is that Party may have to stop calling itself the "Worlds Largest Poker Room" [/ QUOTE ] They aren't even an American company. they can call themselves what they want. They could also say that they have the best rake-structure and the best tourney-formats and who would stop them? What about the restaurant down the street that says they have 'The Best Chinese buffet in town' (even though it's cheap, cold and crappy)? There are billboards that I see on my way to the casinos (in Tunica, Miss) where about 6 different places ALL brag to have the 'best and loosest slots in the area!!!' Basically, I don't see why UB or any other site can't just SAY they are the 'biggest and the best' online-poker room. Because I really don't know who would be there to stop them from doing so. (of course, it is up to the TV stations and other media to possibly not run such ads if they deem the information to be incorrect or misleading)
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#67
10-09-2005, 01:01 AM
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Re: This will turn out to be a good thing for us
[ QUOTE ]
Almost all the reload bonuses for this month were points for cash, ie rakeback from party. It will be interesting to see if this is the course they're going to take. [/ QUOTE ] Yea, but those were [censored]. 6000 points for $350? Rubbish.
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#69
10-09-2005, 01:44 AM
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Re: This will turn out to be a good thing for us
I was a month away from royal. so frustrating I wont get a cool vegas trip next year now.
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#70
10-09-2005, 01:54 AM
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Re: This will turn out to be a good thing for us
The market needs to right itself somehow. Profit margins are way too high at the large poker sites. I think this won't be that bad of a thing. Also, some of the softest games ever tonight at PP.
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