Quote:
Originally Posted by MacauBound
When the nosebleed guys are playing, SwC is making hundreds of dollars an hour per table in take off them. That’s alone seems to be enough for them.
I have a theory though that seals is not making much money. It costs a lot of money just to have the games running 24/7. They give away a few chips a day in freerolls. They have to pay support and take their own cut of the rake each month or whatever. If you do that math on the rake generated they do not make much money.
Take your example and the high stakes flh or 2-7TD players. They play at 150 hands per hour heads up. In 150 hands X 0.07 is a little more than 10 chips which is almost 80 bucks an hour. But all those players are at least sly seals so it's less than 60 bucks an hour. Also, there prolly is less than 10 hours per week of actual high stakes action maybe less than 5 on average.
More commonly there is my situation : I played a guy last night heads up on a 6 man table in 0.02 PLO Big O/8 for about an hour and a half (can't believe I couldn't get a third in 90 mins but whatever) So only the big confrontations passed the 0.4 rake threshold and the rake was always 0.01 or one time it was actually 0.02. No way in hell we paid more than 0.1 in total rake which is about 80cents before our rakeback. So to host a typical small stakes match seals only made a little more than 50 cents last night.
Where are they making this money hand over fist?
Could be the reason new software is delayed and not much advertising?