Quote:
Originally Posted by PeteBlow
In your 2500 example, you wouldn't be paying 15% though, you'd be paying 12%.
Not getting your buyin back is not 'getting paid', it's losing.
Nah, they're all getting paid because the buy-in is a sunk cost by the time you're approaching the bubble. Revenue that doesn't exceed cost is still revenue, it's just not profit. But to fix the terminology and avoid the semantics discussion, I'll revise it to say 15 percent will
get a prize while 12 percent will
get paid.
But more importantly, the top prizes will be remain at least the same size as before (and more likely be larger), while you have no removed the incentive to stall at the bubble – which is the real purpose of the discussion, and the crux of my question.
I guess this is a question that I should have put into an email, since it seems unlikely they'll revisit the subject based on the forum discussion.