Quote:
Originally Posted by IHasTehNutz
I think you missed a key portion of that article, sir.
You're right, my mistake, it wasn't September, it was October that the daily increase in profits were $186. Still that's just not a lot of money. It certainly doesn't change the fact that the author took back everything that she said in the article by stating that the September numbers were probably skewed; so essentially these comparisons are based on nothing.
Going from a $3,727 profit in September on Saturdays to a $4,765 loss in October doesn't sound very profitable to me. The article doesn't make clear if she is compensating for the $8,492 decrease in Saturday profits in her daily averages. It sounds to me like she might be just setting that number aside as a quirk.
What I was criticizing was Schupick's conclusion that this is proof of the overall health of the site which I think is absurd considering that Merge is now neck and neck with Chico in the Pokerscout ratings. There are just a fraction of the sitngos running this year as there were last and the cash games have been gutted.
I don't think that anyone is arguing that Merge isn't making money. The assertion that posters' concern about Merge is solely about financial solvency has been a straw man that has been repeatedly brought up by a couple of posters. In reality, most posters haven't been worried that Merge might be closing its poker operations because the site is going broke. They are concerned that it might be closing for some other undisclosed reasons.
The top guys at Pokerstars have emphasized that almost the entire value of their company is their player pool. A diminishing player pool and an increasing profit margin is unsustainable and somewhat unbelievable.