What is better?
If you look at the stock exchange price from PokerStars, you surely see some very profitable swings, with, let's say, quite big variance, for reasons I just don't understand, or only even try to, yet.
Is it better to pump out a few dozen great quartely reports while legislation "could" hurt your business very soon (milk it hard then), or would it maybe be a better bet to keep offering a product like the old PS did, which could easily compete vs sites that have 3% cash-rake, or 5% rake on rebuy-MTT's, who will soon expand further in the EU?
What's worse?
Do you want one million $ now, or ~$13k every month until you die? (mean even money, for this example)
Reductio ad absurdum (misused here?), but these are the two ways, and I simply bet that the long-run would earn "old" PS way more than their current approach, which I thought was obvious already.
I think I'm right, but nevertheless they are right, too. It's just two different goals, where I think that it's not a flip for next +10 years, but that old PS would be the clear favourite to outperform new PS in any possible "run-out" on this planet over the next +10 years, starting right now (mostly mean legislations per each country, and given changes of traffic/pools, and ofc the rake and competetion. And I actually mean all online-gambling combined! Only for Poker, it should be pretty obvious for anyone by now, imo).
I'm fairly sure. But I'm definitely still open to change my opinion, when I get more information that "forces me to", at some point in time.
Last edited by pennypusher; 06-19-2020 at 03:33 PM.
Reason: Last pragraph is very yada yadya yada, but I decided to not delete it