Quote:
Originally Posted by SantaCruz
Because there are more than just the high stakes players playing on WPN. Giving the money to one narrow group of players doesn't do much to increase the player pool. I think that most sites these days recognize the importance of also distributing promotional money to everyone and not just high stakes grinders for a healthy ecology. Everyone wants the biggest piece of the pie but what best builds the player pool is actually most important.
Players who were losing money at the tables but making money from the Beast are now going to be doing better at the tables. Now that the Beast money is pure profit, I think that it can be distributed a lot more widely. This shouldn't just be a windfall for certain players.
With the structure of the Beast before only 50%-60% of the players who cashed were receiving a net gain, and some of those that were weren't really because they couldn't use the tourney ticket for whatever reason. So of the ~300 people who cashed, only ~150 were showing any actual net profit and for a portion of the ~150 the profit was negligible.
Now every person who cashes will be turning an immediate profit and if you can't make the Sunday for whatever reason its not a direct -ev hit to you, you're just not maximizing your ev. So, in essence, as long as they keep the amount of places paid, the amount of players who are going to see a direct benefit will virtually double.
I mean, sure, there probably won't be a lot of 10nl and lower people cashing in the rake race but I don't really see that as an issue if you actually stop and think for two seconds what a rake race is and what the goal of a company that's offering one is. The amount of rake 10nl and lower pays (not % in proportion to higher stakes, but actual real $ contribution in rake) is so much lower than 50nl+ that their beef isn't really legit. Simply saying "well yeah, I pay rake too" doesn't mean you should be given something in a rake race. All it should guarantee is that those people have a chance to participate fairly, and they would/do.