Quote:
Originally Posted by A_Schupick
That figure is super misleading. it doesn't include outlays of money: withdraw processing fees, rakeback, bonus, affiliate payments, infrastructure, overlays, etc.
First off, I never said this is what they are netting, but this is what they are raking. Keep in mind that this only covers 358 table hours, which is 14.9 days of rake if you were playing 24 hours a day. This also only covers a small percent of the tables that were running..tables that I was personally on.
You also mentioned that this doesn't cover rakeback, well Players only doesn't have rakeback, and they changed their VIP program so that you cannot even trade in your points for cash anymore.
So to summarize, in 15 days, Merge raked in over $379,000 on tables that I was sitting in on. Whatever their cost of doing business, if you don't think they are making a ridiculous profit then you are delusional.