Quote:
Originally Posted by uradoodooface
I've seen no graphs of winning players, no breakdown on their long term sustainability, anything would be nice as I have no info to tell me this isn't some goofy casino game other then regs playing it.
Now let me explain why a hybrid of a hyper-SnG and a slot makes sense.
The thing is that it's massively +EV for you to play an SnG against one or two casino gamblers instead of your average non-jackpot SnG opponents (bar a small %-age of 3-reg jackpot games that happen because the seating algorithm is blind and, unlike it used to be at Stars, not exploitable by third-party autoregistration software).
The problem is that the gamblers don't want to play a non-jackpot SnG because it awards zzzz 3 buy-ins to the winner.
So what's done to entice them to play poker is that a 3-man hyper SnG with quasi-random seating (preventing bumhunting, which recreationals increasingly hate) is attached to a slot machine that spits out a random prize pool. The gamblers adore the randomness, and, as Pokerstars Steve explained to me when Spin & Gos had just appeared at .es,
Quote:
Originally Posted by coon74
Actually, the inconvenience that the slotlike payout structure causes to many people can be removed by letting the winner decide post factum whether to take a fixed prize ($28.50 in our case) or to launch a breakeven spin (hence a 'more lucrative' option than just playing with a casino slot that has a house advantage).
Quote:
Originally Posted by PokerStars Steve
We are trying to grow the game of poker. Spin & Go and other similar formats have proven to be quite popular, bringing new players to the site and engaging existing players very effectively. (Sidenote: the format would not be anywhere as near engaging to recreational players with the modification that you suggest)
Recreationals are more likely to redeposit when the hype they experience about hitting a big multiplier lasts for the whole 5-10 minutes of their participation in the tourney, when the pots that fly back and forth have huge monetary value, as opposed to a hypothetical instant slot spin at the end.
The concession that regs have to make to get access to those gamblers' money is that the regs have to participate in the (roughly zero-EV) slot spin too, they can't take a deterministic prize. But the extra variance is a price small enough for the massive extra EV that stems from the increased softness of the opposition.
It has been proved by the two years of existence of jackpot-type SnGs (first at Winamax, then on iPoker, FTP, Stars) that regs are able to beat these games in the long run with decent ROIs (2-10%, also take into account the lightning speed of the tourneys skyrocketing the hourly) even if they don't hit big jackpots. Most of their EV, ironically, comes from the 2x-8x tourneys, those that are underestimated by recreationals, especially because some of the gamblers tend to get angry when they get a 2x and play maniacally.
The situation may differ on the WPN because it's reg-filled, but I'm still pretty sure the games are beatable here too if we include Elite Benefits, bonuses and Sit & Crush.
(P.S. Ironically, this is my milestone post #6666, quite a long one, haha.)
Last edited by coon74; 10-24-2015 at 10:47 AM.
Reason: added passage about ROI