After you create the rakeless poker room i was wondering, can you also create the first rakeless restaurant and rakeless hospital and all the rest? if everything is rakeless, people can rely on everyone else to create everything else while they themselves also facilitate the creation everything else. we could even then call this entity that you construct an "economy" and perhaps issue some sort of "currency" to help keep track of people that contribute more so deadbeats that aren't contributing anything can't abuse the system.

Lets just wait and see what RIO does, they will open for business soon.

Ads are often sold on a per impression/views basis, in which case the total eyeballs won't affect the cost per view. But I agree with "fresh eyeballs" being an issue, which is one of the things I was alluding to in my post. You can ask a lot more for a view of an ad when only one is shown in a 5 or 10 minute video, than you can for one that is viewed by a poker player that just saw one 45 seconds ago, and another one 60 seconds before that, and so on, and so on.

Exactly. You could try Youtube-type prices when you started out, but once advertisers saw the dreadful click-through rate, those prices would plummet.

Also a problem. Advertisers are looking to target their ads to the right demographic. While poker & gambling sites aren't the only things you can advertise to gamblers, they are the advertisers that will be willing to pay the highest $ - and would you want ads for the competition in the middle of your tables?

It would be interesting to see a multimedia company offer rakeless poker in the current market. Poker + ggw circa 2001 seems genius in hindsight. Sign up for a ggw subscription and get rakeless poker as a value add.

Could hulu steal subscribers from netflix if they offered rakeless poker as part of the membership? Play some 1-2 nl inside the hulu app while streaming whatever... If the company is already spending to create content for customer acquisition, an argument could be made for poker which is way more sticky than even the most binge-worthy series.

dont feed the troll ffs

but FWIW

https://finance.yahoo.com/quote/888....ncials?p=888.L

Revenue for last year is 541m, earnings before interest and taxes is 73m. A profit margin of 14% means that there are some costs for running a software.

Here are stars numbers in case you are wondering. 1.3bn revenue, 286m profits before taxes. 22% margin. fun fact: stars lost money in 2015. maybe that's why they sold to amaya?

https://finance.yahoo.com/quote/TSGI...ials?p=TSGI.TO

.... and put it all on a blockchain that runs nodes powered solely by solar or geothermal energy.

To put this in historic context we started out 4 years before YouTube was created.

thanks, but it wasn't.

Playing poker with one hand likely would have lacked appeal to any crossover market of GGW viewers.

When I ran a real money site, we concurrently ran a play money site which was about 10x as large in size and very "social". Chips were free, could be reloaded once per day and rake was collected (in free chips).

Why not introduce the concept of rake and fees to players ?

(For us, the simple reason for making rake/fees part of the experience was that the playmoney site ran on the same software.... so we could try out releases on the play site before putting them into real money play.)

i'm sure you would gladly watch an ad but that doesn't make it smart business from the poker site's perspective.
and word of mouth would say that site sucks it's full of bots and grinders.

Also it does not have to be TOTALLY RAKELESS.

Just maybe like 75% off the norm would be A ok for me.

Grinders is fine.. over many years it could easily take off word of mouth though.. Just like Craigslist did.

Also the site does not have to be like rakefee.
75% rakeback would be fine/ around there

I will be starting this site any day now.

But the word of mouth would be that it has bad/cheap software, sketchy/unknown management and security, and a couple of tables (if that) of grinders hoping some strangers show up.

Good for you.

During the early 2000s, you could not swing a dead cat in Costa Rica without hitting someone who was "starting a poker site any day now'.

There was a pretty regular poker game at the Fiesta Casino near the airport among online gaming industry types. At least once a month someone with "the best software ever" or some such claim showed up to play or arrived at the airport and stated they were "starting their site any day now."

Never heard of them or their projects again (with one exception, Scott Tom, and you saw how that one went.)