Quote:
Originally Posted by Raidion
With the reserve being so big, I would imagine that the jackpot is back up to ~200k right away. I'll mention the idea of advertising to Karen because I feel like that really should bring in rec players.
This room will need some help soon because when the Hard Rock opens up at the end of the year they are going to lose recreational players to the excitement of a new casino even if it doesn't have poker. Hard Rock poker rooms seem to be run very well and while I'm not excited about a diluted player pool, I am excited to see what the competition brings. Will the new Hardrock have a poker room?
There are certain places like Borgata in Atlantic City where all of the 1 dollar drop goes to the bad beat fund. If this were the case in cleveland the bad beat would have probably gotten close to 500k which is basically unheard of for a bad beat where the minimum requirement is quad 2s (some places will juice their bad beats by making the minimum quad 9s or something.) Im pretty sure people would have come from out of town to play if the bad beat got that high.
As for use of the promotional fund money one of the worst things they do with the money is the added tournament money. For example, alot of people quit the 2/5 NL every week to play the winner take all tourney only because of the added money and the casino will make way less money off a person playing a tournament than a cash game. So they are actually losing money with the way they use the promotional fund. (The added money is kind of a big reason people play the tournaments so getting rid of it all at once would sort of not be a positive thing but gradually phasing it out might be a good idea.)
In addition, yeah they should spice up the promotions once in awhile. Offering the same 200 high hand every day sort of gets stale.
Just having a good manager with strong knowledge of how poker rooms operate and how to generate more revenue would probably increase the poker room's profit quite a bit.
Another example, is the must move on the 2/5 NL. Ive never met a player who likes it and there are quite a few who don't grinders and casual players alike. So why not just get rid of it?
New management is just as bad or worse than old management/no management.