Quote:
Originally Posted by MikeStarr
If its only pennies, then why cant the poker room cover it when they miss the guarantee? After all, THEY are the one who "guaranteed" the payouts and THEY are the ones who missed the guarantee for whatever reason. The cash game players had ZERO to do with it and they are the ones having money taken from their promo fund.
Are you reading the thread? I have reposted Johnnys post below for you, but to sum, the full cost of tourney promos are 10-15k/month, no small amount. The overlay is 1k-1.5k/month. thats the cost of tourneys from the cash game promo fund.
You say “
if its pennies”, it is, you arent questioning my comment or my math, you are just full steam ahead with your pithy pedentic argument, because you are reading my comment just to argue instead of trying to understand and chamge your perspective. Take your hand off the keyboard and turn your brain on.
Quote:
Originally Posted by JohnnyGroomsTD
It does go into the promo fund. Tournament leaderboard comes out of the promo fund. Missed guarantees come out of the promo fund. We miss about 2 guarantees a week on average, and have to make up between $600-$1K. We have a tournament leaderboard that pays between 10k-15K per month, depending on the upcoming tournament series. We take in between $9K-$14K per month, depending on the field sizes. On average we probably run in the negative around 1K-$1500 per month. There are enough regs ITT that are aware, and if I felt there was anything to hide, I would not be so transparent.
Any other questions?
Quote:
Originally Posted by ashiXIII
I’ve asked a few other MGM cash regs about this and they’re unanimously opposed. It’s nice that some of the tournament players also play cash, but they’re already rewarded by being eligible for the cash game promos during that time.
Ok rasmussen, so did you make sure the question was asked in an unbiased way? Did you make sure to poll appropriately among all demographics? Did you make sure everyone who was polled was fully informed? What is your polling error?
Quote:
You’re missing 2 things
1) the tournaments also have promos where they’ll randomly select a few players and give them back their entry fee. This also comes out of the promo drop.
2) it’s not about the money, it’s about the practice and the principle. Even if it’s $1/mo, it leaves a bad taste in your mouth when you’re on the wrong side of it. And if no one dissents now, there’s always the possibility that it’s a lot more money down the road.
1) i dont need to account for this, johnny gave the full cost of promo funds, and the overlay. See above. He did the math for us.
2) it is absolutely about the money, its just that nobody else bothered to do the math, and now everyone is dug into their stupid opinions over $12 a year ASSUMING YOU PLAY FULL TIME. This is even more obvious considering you instantly fell back on a classic slippery slope argument to try and justify your outrage by pointing to some hypothetical larger amount of moeny it COULD be.
Quote:
Originally Posted by JohnnyDough
Right, $1/month is nothing... Just like how it was fine for cell phone providers to secretly tack on $1 fraudulent fees to their millions of customers. It's only $1, why are those cheap asses complaining over $1 and wasting time on class action lawsuits when they can spend $1000 on an iPhone? Where do you draw the line?
Amazing just how many poorly thought out responses can come so quickly. It takes far less time to come up with BS than to explain why its wrong, so you figure out why a cell phone company
fraudulently charging fees is different than a casino legally taking a promo drop which is
redistributed to the players, but not in a way that makes sense to some cash game players, and they may not be identical just because both situations had the term “one dollar” in it.
Last edited by Tomark; 01-23-2019 at 04:25 AM.