Quote:
Originally Posted by AllinNoRubbers
dont casinos realize they would get more players with less fees
I doubt this is true, and if it is, it would have to be enough players to offset the lost revenue of the higher rake.
Are you aware of the margins consumer product manufacturer's realize? Would you say, has Apple lost it's mind? Wouldn't they realize if they lowered their price everyone would buy one?
I'm sure whoever is in charge of running the WSOP and determining its rake structure has done plenty of analysis to determine what rake maximizes their profitability.
And, like what everyone else said, we're talking about rec players who rarely play, and don't give two ****s about $15 dollars. There's probably room for even higher rake.
The better question is, have tourney pros lost their mind.