Quote:
Originally Posted by AKQJ10
I don't know if I agree with this or not, but I'd like to hear your rationale for it in more detail.
Sorry it took so long to reply, I've been working a lot lately and have not had much time to check the forums.
I have noticed that as far as cash games, it seems like in many poker regions, higher limit games and non-hold 'em games have converged to a single location. I think it makes sense that this would happen, even if interest in the games as a whole in the region is constant.
If there are two casinos in my town that spread 20-40 LHE but one has a game around the clock while the other only goes on weekdays and sporadically on weeknights, I may decide to visit the more popular place if I want to play 20-40 LHE, even if I would normally prefer the other place due to its location, staff, etc.
This creates a chain reaction, because for every player who decides not to play in the less popular game, the other players have more of an incentive to also switch. Maybe I'll still go to the less popular casino because there is an 80% chance of a game on a Wednesday night, but now another player decided not to turn up because his threshold for switching was 90% and now the chances of a game goes down to 75%, causing me to not go there, which causes the chances of a game to go down to 70%, etc.
Of course, we are talking about tournaments instead of cash games, but I think a similar idea applies. Almost everyone who plays in a tournament wants to see a large field: that generally means a softer field and always means better potential payouts for winning. When somewhere like the Rio is generating the fields it does, it makes sense that eventually, everyone will just decide to play there because the fields in the other venues are going to get smaller and smaller as more players switch over.
Personally, I would rather play at the Venetian than the Rio, if the field was identical. I think almost anyone would. Add in the Venetian structures and it is a no brainer. However, the Rio is where I am going to play NLHE tournaments this summer, because of the size of their fields.
Having said all this, I may be wrong that the NLHE war is unwinnable. I do think that is probably true when talking about the price points that the Rio dominates (<$250 for the daily deepstacks and $1k+ for the WSOP). There may, however, be an opportunity for another place to win the war in that range in between where the Venetian has a lot of tournaments.