Quote:
Originally Posted by The Numbers
As a player, what factors do you consider when determining play?
Lets start with Fish vs. Regulars. Obviously you want to identify bad players and play with them more often, but at what point are you willing to push back and forth with ok/good players?
Is there a golden ratio that you are shooting for in ring game play? Something akin to hands per hour vs. avg. rev per hand less rake?
What are profitable stakes ranges and does it make sense to play at a lower stakes range if there is an increase in volume of play?
I will start games against anyone (but I am somewhat unique sadly). Most of the community is shortsighted related to the necessity of short term -EV or EV neutral situations. At some point, however, the utility of starting games with good players diminishes or evaporates completely if there isnt a significant enough player pool to make the starting of games worth something. There has to be something to build towards.
Now, this is assuming that there are other options. But, if there are no other games to play and nothing to build towards, at the end of the day, we either have to play against other regs as a rule and adapt these short term -EV/neutral into long term +EV or quit and find something else to do.
Re: the second question.... I dont keep stats and never have, so I am the wrong guy to answer any questions re: to those issues.
As far as the third question is concerned, you guys view this stuff in a bit of a bubble, and its hurting you. You can not examine site liquidity in NV, the same way youd examine site liquidity in Iowa (as an example). If a guy in Des Moines has $1,000.00 on the site and is playing 2-4 NL every day, you can be reasonable sure he likely has $1,000.00 to spend on poker, wouldn't be playing bigger live (if it were even available), and you can and should dictate to him and his buddies what limits he should play in order to perpetuate play on your site and keep everyone in action. Unfortunately, that model won't work in NV because whatever metrics you use to determine site liquidity are incomplete and not available to you, especially at the higher limits. Hand holding won't work. Strict models won't work. You're doing yourself a dis-service. It was what formed the basis for your response the other day, and its flawed and broken. And it's not going to work in NJ either.
And yes, of course, it makes sense to play at a lower stakes range with more volume, if its profitable, but you're not dealing with a captive audience. Again, we have other options here in NV, and they'll have other options in NJ as well.
I, personally, am less flexible related to this issue than most, likely, for factors that I would prefer not to discuss publicly (and why i dont want to discuss actual stakes ranges), but it goes back to my previous point of having other options available. Ive had these conversations with Joe. You're not dealing with a local market, even though your demographic is geographically specific. When you're selling poker in NV, you're dealing with, and to, a global market. The issue of lack of liquidity is a horizontal one, not a vertical one..... and you guys did a good job of understanding that in the beginning (i.e. hiring Randy, being flexible to higher stakes action etc.) and then you reversed course. Your model is broken. There's liquidity in NV. The fall-off in volume over the last five weeks is not a coincidence. It was self-inflicted and avoidable. And now, predictably, the dominos are falling. And instead of recognizing these mistakes, you guys have entrenched (same issues re: 9-max/100bb, by the way).
WSOP.com has not been your biggest competitor/obstacle so far.