Quote:
Originally Posted by Moneyline
A rant on the high hand promos.
I think they're hurting the Hampton area rooms. Hampton Falls has increased the drop to 5+2 Tuesday-Sunday and Seabrook has also gone to 5+2 for this week only. Employees in both rooms have told me that they've done it to run bigger high hand promos, but the high hands don't seem to be driving traffic. Hampton Falls shows no discernible difference in room traffic between promo periods and non promo periods. Seabrook is dead during the week when there's no high hand promo and traffic is minimal when a high hand is going on.
If Seabrook ran a different promo it would not only be unique, but it would also be hard for it to be worse for business than what they're running now. If Hampton ran something else it might actually bump up room traffic instead of keeping it flat.
If 5+2 becomes a continuing trend, the rooms will end up busting players with the drop, all for a promo scheme that doesn't seem to be working. My hope is that they'll go back to 5+1 and try some other promo scheme like progressive high hands or maybe return to just feeding the bad beat. Players who want big high hands are all playing at Chasers anyway. Try something different!
Wow.. so Hampton is $5+$2 6 days a week permanently? Do they have a high hand promo all 6 of those days or if you play some of those days are you paying a $2 bonus drop with 0% chance of getting any of it back and are just funding the promos for other days of the week? The times I have been to Hampton there hasn't been a ton of money on the $1-$2 tables so raking $7 per hand is slowly going to bust the whole table!!!
While I know I'm in the minority I say just rake $5 and f#*k all the silly promos!!! I can't believe that poker has come to this where rooms feel that the only way to draw customers is to have these carnival type promotions!!! When did all this nonsense become MANDATORY to get games running? Also, the fact that these promos actually make more players go play (if this is so) then it just shows how stupid players are that they would flock somewhere so they can give a $2 bonus drop for a proposition that is -EV !!!
I have an idea for room owners: In addition to having all of these $2 drop tables running have a $5+$0 table running for people that just want to play poker without the hokey nonsense of a $2 carnival drop that essentially sucks an additional $60 per hour off the table on top of the $5 per hand that's already taken.
I have to admit that I thought the opening of the two new rooms in Salem would be good for the players by creating more competition among the rooms thus creating a better situation for the players which to thrive under but imho it has done quite the opposite by turning room owners loose by trying to out do each other with nonsense promos. The funniest part of this whole thing is the rooms are running all these promos to draw traffic and it costs them nothing... the knuckleheads that are running to these rooms are going there just to try and win their own money back that the house sucks off the table $2 at a time
I get it these things allegedly draw people in to play but do they really? Show of hands: How many of you were not planning on playing poker on any particular day but decided to actually go play because there was a high hand promo going that day? I also get that if they do draw players that normally wouldn't go there then its a great deal for room owners who fill their rooms with advertising/promos that cost them nothing... how much more of a better deal is there in business than filling your business with customers by using advertising that's paid for by somebody else!!
While I am quite certain I am in the minority I for one will be 100% boycotting any room that is taking $2 bonus drop on a day that I plan on playing. I refuse to give a room my business that's taking $2 per hand to essentially pay their advertising budget while making the game nearly unbeatable.
My total take on this whole thing is the NH poker rooms have all gotten to big for their britches and have lost sight of what they really are. I guess we could name it the
"Borgata North Syndrome" and in my opinion has ruined the NH poker landscape. Maybe it's the NH Lotteries fault for licensing so many rooms and saturating the market and thinning out their customer base (there are only so many customers to go around among the rooms) thus forcing these rooms to do desperate things to steal each others customers.
In any event thanks to whomever is at fault here it has taken the bloom of the rose for me and I will likely save my poker time/money for places other than NH. I realize that I may be in the minority here and it's just my opinion but my opinion decides where I spend my poker money. No worries, I'm sure someone will justify why taking $60 per hour off the table for a -EV proposition is good for me. I just hope I don't have to be subjected to the "higher rake is better for the game" theory!!!
I'm guessing this will only be an issue for the next 18mos or so until Wynn opens and the NH Lottery/poker scene will be dealt a gut punch. It will be interesting to see how many rooms will actually thrive or even survive after Mr Wynn sets up shop locally.