Quote:
Originally Posted by Dream Crusher
Sure, that's how you justify it, but we don't all look at things the same. From my perspective, I only care if it's more profitable. Rake could be 25% or 30% for all I care, but if after all the rake the tournament in Austin is more profitable for me to play than the WSOP event, then I'd rather play the event in Austin. Others look at it differently than that, perhaps they enjoy the convenience of playing events in their home town rather than having to fly to Vegas.
Whatever the case may be, it sounds like these tournaments are doing very well. Anecdotally, last night at my table in Dallas, both grinders and rec players alike were talking "Are you going to Austin" "When are you going to Austin?" Dallas is a 3 hour drive from Austin but it's clear that these tournaments are generating a buzz that players are willing to travel to play them, regardless of the rake.
I understand your point. If I lived in Austin, would I play the tourney down the road at the lodge, go to Winstar Oklahoma, go to Louisiana or fly to Vegas?
It obviously makes sense to play in Austin.
However, from my perspective, I am not in Texas, it costs the same for me to fly to Austin vs. flying to Vegas.
Room accommodations in Austin cost more than they do in Vegas and I know all of the legalities for events being held in Vegas. Everything is black and white for Vegas tournaments.
I have no idea what I am getting myself into when going to Texas to play in a poker room that operates in a gray area with (presumably) no sort of gaming commission.
Other jurisdictions remit their fees to the government to fund this enforcement arm, and many of the gaming funds are earmarked for specific state initiatives, such as funding scholarships for college students, etc... Doug's claim is that he is re-investing this money into his investment that the state would otherwise be taking in other jurisdictions.
I wont harp on this point anymore, but would Vegas/Oklahoma/Louisiana games cost less in rake, if they didn't have all the government overhead? I dont know. But it's food for thought.
Anyways, if Doug is getting 2k entrants or whatever someone else said, probably doesn't need my business anyways nor is someone like me, his target clientele.