Did Global cut their prize pools? No more $5 10k at 8pm. There "low" stakes tournies are pretty small now. Anything noteworthy happen?

Extremely small. Doesn’t make much sense considering traffic is up everywhere.

Yes some have been reduced, but i see them increase ones that consistently overperform, and they're still trying to fine tune the slate. They've been adding a lot of 22$+ buyins with bigger guarantees elsewhere. I wm confident you can find several tournaments that are in the range youre looking to play at throughout the day with the schedule they currently have.

The entire tourney schedule is worthless to play at this point. Why would anyone play a 218 13k guarantee when you can play the same tourney with less rake and 5-10x guarantee on ACR?

Ignition has a better schedule, BOL has a bigger tourney schedule...

I dont understand how having your entire schedule even "high stakes" have guarantees sub 10k and only 4 tourneys even considerable to play per day starting at 7pm.... w

why would any grinders play here? theyre effectively just 180 mans on stars at this point.

Need a tourney leaderboard and to increase the guarantees even if they overlay a bit or poker will be dead forever on global.

As a high volume player on this site, i dont see the longevity here, how are they going to stay in the poker market and compete, what is the plan to up traffic because its been dying at an alarming rate.

How can they up guarantees and do tournament boards when muppets like you are siphoning all the cash with your letters? You want to have your cake and eat it too.

they made 110mm profit last year after all expenses.

Where did you get that number?

from their publicly available info in their financial reports that they make public. Its been posted in this forum before. Just google global pokers financials and youll be able to find it.

Read your post about 1500 envelopes in one month and look hard in the mirror. Something really off with you.

Yeah my post is more to have the reps realize they have to incentivize players to the site with guarantees and leaderboards.

They cant not promote the games and constantly lower the prize pools that will kill traffic on any site. I promote for global ALL of the time on here, in person, in the games etc. I think their site and structure to everything is unique and needed in the market. But its hard to get new organic traffic especially AFTER tourney series, when youre lowering guarantees. I can tell you I pulled back my tourney volume simply because the guarantees went down. I play more cash now which net probably makes them more money, but going back wards doesnt help you move forward if you catch my drift.

Also guarantees are going down because of lower traffic not because its costing them so much money. Traffics down because of conditions in the world, traffics down on every site right now. But lowering guarantees because traffic is going down is going to hurt the growth that you can still retain long term. Players that were on the fence will back off and then its a snowball effect, every day one or two more users stop registering cause the prize pool inflection point of is it worth their time and now we get tourneys constantly lowering guarantees trying to stop the cascade of players who quit grinding cause the guarantees are going down. its a vicious cycle. sweeps request through mail only help the ecology of the games it doesnt take away from their guarantees or volume, it actually ensures a certain amount of volume tbh.

Fakenews BS buddy. That was for all 4 sites that that VGW runs. Their annual report didn't say how much they make on Global specifically. Considering the competitiveness of the industry, declining guarantees and more and more freeloaders are talking about sending in thousands of postcards happening at the same time doesn't sound like a coincidence to me.


Then why don't you play there? Oh...because you can't freeload them for $7,500 a month. People here are right, something is off with you buddy. You should be loving Global for giving you that much free money to play with. Instead you piss and whine.

I do love global and global is under one entity all the entities together make up the LLC which is where their total profit is derived from.... why are actual business models so hard for you to understand? They profit off all arms of their business and together at the end of the year they give a total. VGW is global, global is VGW. You dont understand?

Theres nothing off with me. Is it wrong to say players are disincentivized to play in tourneys that have guarantees that are constantly going down?

Dont you think customer feedback especially from high volume players is a net positive? Im going to keep playing all the games because like i said i love global. but for the rest of the player pool and potential new players which is what everyone wants players and operator it doesnt incentivize them to make their way over to global and thats what im pointing out.

anything else you have a personal vendetta against me about that we can clear up? Ill buy you a beer if we ever in vegas at the same time, geesh.

Their financial reports do not show a $110MM profit (they are recorded in $AU anyway). Most recent interim report (half-year period ending DEC 2019) showed a net loss. Most recent annual report is also nowhere near the numbers you claim.

I just googled to find the most up to date financials and you sir are very correct, which actually brings to light and makes a lot of whats going on make sense now.

I posted my figure from the link that i believe a dewd posted. at the time (less than 3 months ago) the link to their financials showed very healthy and sustainable numbers and growth...

Their end of 2019 and current numbers show a sizable decline in their poker operations. Overall VGW is still profitable but poker has declined YoY.

https://www.vgw.co/wp-content/upload...ember-2019.pdf

I really dont know what to think now of global tbh. all the pull back of pp and slow pay of SC, customer service giving the run around on any question or concern you have.... idk now. hmm.

No synchronized breaks and terrible structure are why people have stopped playing on global. Stop spending resources running goat tourneys every week. Improve the product and people will come back. I would.