Quote:
Originally Posted by Bluegrassplayer
This was my concern as well. RB should be some kind of safety net to keep people around because they know they're still getting something back. With this system it increases variance, which is bad imo. You don't want someone to have to gamble in order to get their rakeback. It's also a bad system, imo, when 1 player gets 100% of the rakeback and the rest get 0%.
Makes downswings even worse, makes it more difficult for recs to put 1 buy in on the site and play, and also might drive people away when they realize they will be forced to play a certain way in order to get what they're already earned.
Very well put imo. How much "better" does it feel to see a 250bb splash vs a 50bb splash? 5x more dopamines/serotonin released? My guesstimate is that no more than 100bb is needed to keep both the recs and the crushers happy. It's a full buy-in. It's an extra digit. Those things resonate positively w customers in the same way the 51% RB concept will.
Higher frequency STP w smaller cap = more often someone wins = more often a rec gets a piece. Especially if that's their rakeback. Recs who see good players "win a bunch of free money" leads to "no wonder I can't win here, I'm gonna fire up some Spins instead" thinking, faster than they can close the client.
Another feasible alternative would be to provide rebates to the 5 players who didn't win the STP. Is there any doubt they will experience a visceral feeling of loss after not winning said pot? Turning off too many potential frequent net depositors early on could be something really tough to come back from, I'd guess.
Requiring 100bb buy-ins is too much an ode to the OMGCLAYAIKEN in you. Phil Galfond, RIO owner/businessperson, is being ignored within that inner monologue. Everyone loved watching Brad Booth pull out those bricks and bluff Ivey off KK. But deep-stacked poker played at a high level, is much more enjoyable for your customers to watch, than to attempt themselves, with their own money. To stave off the pro short stackers, without turning off the recs who sometimes want to buy-in w random amounts, perhaps consider a 60bb-100bb buy-in?
It's not enough to consider what recs believe they will enjoy that matters. It's also important to consider what they will actually enjoy, in practice. Otherwise, to borrow the phrase from NCAA B-ball, you will have a lot of "1 and done" customers. Unless able to charge substantially higher margins for their product (not really possible in the online poker space), new companies entering a dynamic, but intermediately mature market, might want to cast as wide a net as possible, within their budget.
It's good that there are no SNGs at launch. I think 2 MTTs/wk to start, w some added money for the 'loyalists', isn't a bad idea, if RIO software can handle the technical demands. It shouldn't split the pool too much, esp if held at two distinct peak times, such as Friday evening and Sunday late afternoon time zones of your largest customer base.
Unless your team doesn't anticipate the software will be up to par, I think it's a mistake to forego standard mixed games for the near future. While almost all of your customers will not have Archie, short deck, badeucy, or 2-7 razz in their repertoire - I suspect many of the players who used to fill the 8g tables - until rake, the Stars monopoly, and poor gov't regulation, made it too tough for all but the best to continue on - they would immediately give your site a try.
As opposed to the NL/PLO players w too many sites to choose from, many of the mix players are looking for a place to play. Welcoming them w open arms matches well w your Elite RIO membership, where these games are taught. That's a win/win for RIO. Without knowing where the software is at, the PR wrt mixed games indicates RIO is at least 6-12 mos from offering them. I would think games like FLO8/Big O would be easy to roll out, but I'm guessing and have zero software expertise.
As a US rec player, it might seem odd for me to post, as I'll have no skin in the game for a decade. But without knowing you in the slightest, my impression is that you want online poker to succeed and I give you credit for putting yourself out on a limb to try and accomplish that. I guess I'm trying to pay back that credit w whatever this post inspires you to do, even if it means putting me on ignore (couldn't blame you).
I'd just be careful not to let the 23 yr old version of yourself (as a consumer), who could play all day and night, take precedence over your current ambitions, as an operator trying to ensure the long term success of RIO poker. It's prob harder for you to drop down to an avg player's mindset than it is for me or almost anyone else. Therein lies the challenge, I guess. Just some rambling thoughts. I hope it works out. Gl
Quote:
Originally Posted by Xenoblade
oh come on, splash the pot is by far the most exciting feature on RIO
and this too!