Quote:
Originally Posted by Frankie518
Other properties have already lowered their Main Event buy ins to the $250 mark thus thinning the fields of available attendees for events and keeping even more people local.
Your position here is that lower buyin tournaments that are more local are going to keep more people local, so the solution is to drop your buyin as well, and that will help you draw bigger fields? I'm unsure if that tracks, logically.
Quote:
Originally Posted by Frankie518
To say we have had bad turnouts is way, way off base. We have not had bad turnouts any where or at anytime for major events...all guarantees are met and more.
Then why are you dropping the buy-in and guarantee for your normal August 1k?
Quote:
Originally Posted by Frankie518
The BBJ, although it has been very good for the room, has also eroded weekly tournament play not only here but in the area as well because players are currently opting for the Cash incentive play events here at TS while they are available(a shot at $350K will make you play cash in lieu of tournaments!)
What is the connection or relevance between weekly tournament play and the big events you host on a yearly basis?
Quote:
Originally Posted by Frankie518
That's not to say the BIG buy ins wont be back at some time.
Your first sentence is that your strategy for dealing with other rooms dropping tournament buyins and guarantees is to do the same. Let's be honest here-the only way that bigger tournaments will come back to TS is if online poker is legalized in New York, and that you have zero current interest in running bigger buyin tournaments.
Quote:
Originally Posted by Frankie518
With more options available in the area and the impact the BBJ has had on Tournament Play this year we are looking to see how things unfold as time moves forward. If anything, we are just getting started!
No, this is wrong. You are not getting started. You are ending things. Pre-Black Friday, TS was the location where kids who had played online would literally travel to in order to play in your various festivals over the course of the year. Ever since Black Friday, you've casually eroded buyins, guarantees, and the result has been that your tournaments have declined over time. For example:
2013: $1650 buyin, 426 entries, $619,830 prizepool
2014: $1100 buyin, 476 entries, $461,720 prizepool
2015: $1100 buyin, 430 entries, $430,000 prizepool
2016: $1140 buyin, 285 entries, $287,850 prizepool
You've clearly made a decision that your poker-room is almost completely cash-game only, and that tournament players are generally irrelevant. This is well within your rights, but those of us who only play tournaments and who refuse to drive 2 hours each way for a tournament that's under $500 will cease being customers. Shrug.