Quote:
Originally Posted by MicroBob
OP's ideas are confusing to me and there are a couple I either don't understand or don't see the point. I think implementing all of those ideas would be mostly pointless.
Well you miss the purpose of the post entirely. The points given where just pie in the sky off the cuff ideas just so's I wasn't asking others to give ideas without giving my own.
Here, these will be plain and simple
1. Why give rakeback? Why not just reduce rake? Did you ever consider the intangible cost of rakeback? It requires record keeping, managing, support. Those aren't free.
Do away with rakeback, reduce rake or skim the rake for VP promotions, tournament guarantees or non-jackpot related hand promos.
2. Come up with a cash out recovery plan. Maybe even have a total open financial disclosure about Cash balance vs Players banks. If you don't want to print such stuff publicly, have it certified as sustainable by some gaming commission.
3. Players money should never ever be hypothicated. I.E used to fund promotions, pay the daily burn, or otherwise invested. Don't co-mingle funds.
4. Distributed cashiering. Develop relationships with some of your key players, allow them to accept deposits for and give payouts to players from their own account via account to account xfers. Player wants to cash out some, he xfers to an agent that he knows hangs out at the local card club, when verified he runs to the agent and gets the cash. Wants to deposit? Give the cash to the agent and the agent xfer's it into his account. You could have thousands of these agents spread across the U.S, you cut whatever commission deals you want with them.
Develop a client/server android app to facilitate this. It would be the greatest thing in poker if I knew I could drive to closest casino and hit the poker room and cashout there from a player/agent.
Things like that. This post was meant to be a sandbox for others to design their own online poker room.