Treasure Island (Las Vegas, NV) - Page 5 - Venues & Communities -- Two Plus Two Poker Forums

How can this promo possibly survive? If only 30 regs get 60 hours a week then that's $18,000 paid out a week, $72,000 a month. How can the TI possibly afford to pay out that much money? My figures aren't even including the people that are gonna get paid for putting in 20 or 30 hours a week. Those figures don't even include the $1 or $2 they give an hour in comp.

I really don't see how this promo can last.

It can't last long term. But keep in mind it is not house money they are using. They are using the jackpot drop to pay this (and the.y just increased that to $2). Unfoubtedly they have a surplus and this will go through that surplus.

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01-05-2012 , 11:34 AM

#102

MSUspartan4

Poker Room Rep

Join Date: Jul 2010 Posts: 153

Quote:

Originally Posted by KingBBinLV

60 hours is a ton of time to put in. As of yesterday, we were only on pace to have 8 people hit that mark.

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01-05-2012 , 11:34 AM

#103

MSUspartan4

Poker Room Rep

Join Date: Jul 2010 Posts: 153

Quote:

Originally Posted by psandman

We decreased house rake to increase the jackpot rake.

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01-05-2012 , 12:31 PM

#104

psandman

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 15,829

Slightly. Overall it is total increase in cost to players. With a small decrease in the amount going to the house. Definately better than just an increase.... But not an even trade either

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01-05-2012 , 01:00 PM

#105

IseizeDeadMonies

banned

Join Date: Oct 2011 Posts: 149

Quote:

Originally Posted by psandman

different name (I had mine first)

Ah.. I see now... My apologies

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01-05-2012 , 06:59 PM

#106

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,766

Quote:

Originally Posted by MSUspartan4

Not from a lack of effort...we offered $2 max rake for the last 3 months of 2011 and now we're offering up to $10/hour to play. If it's not meant to be...

Right, you can't force limit players to come to your room. It's just like any other room. You need players - or props - to start games.

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01-05-2012 , 07:04 PM

#107

pig4bill

Carpal \'Tunnel

Join Date: Dec 2005 Posts: 33,766

Quote:

Originally Posted by MSUspartan4

Truth be told, it wouldn't be good for the longevity of the promotion if tables full of limit playing locals migrated from the Mirage. We need some tourists in order to make this work, and with limit games, that really wouldn't happen. No Limit is what the tourists like to play, so it really may just be better this way.

That's chicken and egg. Limit players don't often go to Vegas to play because of the lack of games.

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01-06-2012 , 01:28 AM

#108

bubonicplay

Pooh-Bah

Join Date: Oct 2009 Posts: 3,932

If you Want limit go to belagio

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01-06-2012 , 02:43 AM

#109

nunnehi

Carpal \'Tunnel

Join Date: May 2011 Posts: 9,525

Most of the people who play LHE, who are interested in this promo, wouldn't be interested in playing at Bellagio.

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01-06-2012 , 04:23 AM

#110

SKEEZ

adept

Join Date: Aug 2011 Posts: 703

thats a sick promo

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01-06-2012 , 04:30 AM

#111

TheVig

adept

Join Date: Dec 2010 Posts: 940

Quote:

Originally Posted by nunnehi

Most of the people who play LHE, who are interested in this promo, wouldn't be interested in playing at Bellagio.

I wanted to play 3/6 during this promo but with no game getting off the ground, I'm playing 4/8 at bellagio

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01-06-2012 , 12:21 PM

#112

nunnehi

Carpal \'Tunnel

Join Date: May 2011 Posts: 9,525

There are probably at least a half a dozen places I would play 4/8 at before Bellagio, but I live in Henderson. Keep hope alive, TheVig, I bet they get something going by February.

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01-07-2012 , 03:20 PM

#113

bubonicplay

Pooh-Bah

Join Date: Oct 2009 Posts: 3,932

anything below 10-20 limit is lol, unless you arent playing for money.

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01-07-2012 , 03:21 PM

#114

bubonicplay

Pooh-Bah

Join Date: Oct 2009 Posts: 3,932

you simply wont beat the rake.

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01-07-2012 , 03:23 PM

#115

nunnehi

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Join Date: May 2011 Posts: 9,525

And what 10/20 player do you think would be interested in playing 60 hours for 599 bucks?

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01-07-2012 , 03:35 PM

#116

GutPunch

veteran

Join Date: Feb 2005 Posts: 3,198

This sounds like an unbelievably awesome promo. I wish some of my local casinos would have something like this!

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01-07-2012 , 04:01 PM

#117

chillrob

Carpal \'Tunnel

Join Date: May 2007 Posts: 20,871

Quote:

Originally Posted by nunnehi

And what 10/20 player do you think would be interested in playing 60 hours for 599 bucks?

Me! I play more than 60 hours a month of 10/20 anyway, and would LOVE to get an extra $599 per month. Don't know why anyone wouldn't...

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01-07-2012 , 04:30 PM

#118

nunnehi

Carpal \'Tunnel

Join Date: May 2011 Posts: 9,525

It's 60 hours per week to get $599 (per week). If you played 60 hours in a month, you would probably get about $250 or so (could be more if you stack hours), for the month vs. nearly $2000 if you do 60 hours per week. Depending on how you would do your schedule, you could easily hit $599 per month (the flier is in the thread for the breakdown).

Playing in this promotion could help a 3/6 player build a bankroll to play in 10/20, so I think it's worthy because of that.

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01-07-2012 , 04:40 PM

#119

chillrob

Carpal \'Tunnel

Join Date: May 2007 Posts: 20,871

Oops, I forgot the promo was per week, not per month. I wouldn't want to play that many hours per week, I play about 30 now. Still would love to have whatever extra I could get though, and I don't understand why you seemed to say most 10/20 players wouldn't love a promo like this.

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01-07-2012 , 04:47 PM

#120

nunnehi

Carpal \'Tunnel

Join Date: May 2011 Posts: 9,525

Because I figured it would lead to a large reduction in hourly rate for most of them (because of it being 3/6), and that it wouldn't be worth it for them. Are you in California or Vegas?

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01-07-2012 , 06:18 PM

#121

chillrob

Carpal \'Tunnel

Join Date: May 2007 Posts: 20,871

Guess I misunderstood then. I agree I probably wouldn't want to move down to 3/6 to get the promo. If I was in Vegas I might try to move the game there though! I play in AC.

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01-07-2012 , 06:24 PM

#122

nunnehi

Carpal \'Tunnel

Join Date: May 2011 Posts: 9,525

All limit hold em above 3/6 is eligible for the promotion, and I'm sure they'd spread 10/20 if they could get close to a full game going. Is that correct, Troy?

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01-07-2012 , 07:50 PM

#123

MSUspartan4

Poker Room Rep

Join Date: Jul 2010 Posts: 153

Quote:

Originally Posted by nunnehi

All limit hold em above 3/6 is eligible for the promotion, and I'm sure they'd spread 10/20 if they could get close to a full game going. Is that correct, Troy?

Absolutely!