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Your ideas are worthless, and I'm here to prove it Your ideas are worthless, and I'm here to prove it

12-03-2011 , 02:37 AM
Quote:
Originally Posted by BrandysB
I feel dumb, even after reading the site I still dont really get why someone would fund most of the projects on there....when they speak of rewards/stories how is that going to benefit me at all...maybe im missing the point completely
It is patronage.
Your ideas are worthless, and I'm here to prove it Quote
12-03-2011 , 12:42 PM
thanks for sharing
Your ideas are worthless, and I'm here to prove it Quote
12-03-2011 , 01:27 PM
A poker video site platform

Plenty of video sites out there, that deliver their own content and ask you to pay for it. What I propose is a site that has just the infrastructure, and lets others upload their own videos, do their own marketing etc. I guess something like wordpress for blogs, but then for poker instructional video sites.

While there are plenty of poker video sites out there, I see some untapped potential.

I see three markets:

1) Other languages.

Most non-english video sites seem very amateuristic, and many languages don't seem to have their own training site at all. There is a fairly big market here as in some countries many young persons' English is not good enough to watch poker vids, and even if it is they might prefer their native language anyway. Even in a country like the Netherlands there is a Dutch poker video site that has been around for years (and doesn't seem to suck, as one of the only ones).

Right now if you want to start say a Spanish poker site, you need both a a copule of good players willing to deliver content, a tech guy willing to put it all together and figure out payment options etc, and someone to do the marketing. You need to spend time on it, meet up sometimes, etc.

By removing the tech part it should make it easier for people to start up a spanish poker video site, and people who feel it's too much of a hussle to do so now might do it if the infrastructure is right there and only videos/marketing are needed. In addition, it might cost too much/be too risky an investment to fund all the tech/development, figure out payments, DRM, etc etc before you even get to see if your vids catch on. Especially in some of the smaller markets: eg a stand-alone Croatian video site might not be viable because the overhead is too big, but doing it on the platform might show a profit for a group of a couple croatian ssnl pro's making micro vids or w/e as the starting investment will be much smaller.


2) High end videos.

Once you get to a certain point, watching videos isn't worth it because they suck relative to your skill level. People (understandably) hold back, as they get underpaid for their vid making. I'd need a ton of money to make a good, no-holding-back vid for example as it would hurt my own bottom line quite a bit. Current video sites are unable to pay me this much, bc with their payment model where people can see all vids for say 30$/month they just can't pay me as much as I'd need, they'd never get it back.

With the poker video platform, if I were to have a mini-kaby video site dedicated to how to beat 5/10+ hu nowadays, I would be able to set my own price, and I would be able to charge per user per video. Say I make a series consisting of 10 vids, and I want to charge people 100$ per vid. I can't do that on cardrunners, as they obviously won't pay me anywhere close to 100$ _per user watching the vid_ when someone can see ALL the vids for the one month of 30$ or even in the free trail. Current video sites seem to cater towards micro stakes and ssnl videos with fairly bad hsnl videos thrown in with contect directed at ssnl players, I assume for this reason.

If 20 people I reach by worth of mouth were to watch the series for 1000$ I make 20k (minus the platform's cut), that's a nice amount of variance free money and for the potential customers it seems really good value compared to what they'd pay for my coaching, and I don't have to worry about setting up DRM, payments etc.


3) Group coaching/stables.

Some coaches have 10+ students playing similar games. Some people run stables where they stake 20 people. It might be very convenient for them if they could easily use the platform to put up coaching videos (for a fee obv), password protect them so only their students can see them. Access to the back catalogue of videos might be a selling point for those coaches, etc.


Monetizing it:

Customer pays through the platform, platform takes a cut of xx%, rest goes to the maker of the video site. I'm sure there's some other possibilities too, but this seems like the main and easiest ones.


Cliffs:
- A platform for other people to run their own poker video site on.
- Potential markets: everyone who doesn't want to make, deal with the hassle, or would serve too small a market to justify the investment of creating their own video site from scratch.
- $: Payments go through platform, platform takes a cut.
Your ideas are worthless, and I'm here to prove it Quote
12-03-2011 , 01:30 PM
Two remarks I already came up with:

- Maybe I overestimate the market there is for something like this/new poker video sites in general, even when they wouldn't directly compete with all the english sites there are now.

- What is to stop a site like Cardrunners, who have all the infrastructure in place, from copying this idea fairly easily? Do I just pray they do it worse and/or are too busy with Draftday, that the Leggo guys are too busy playing bball, etc?
Your ideas are worthless, and I'm here to prove it Quote
12-03-2011 , 01:41 PM
I was thinking of just adding subtitles in different languages to already existing videos.
Your ideas are worthless, and I'm here to prove it Quote
12-03-2011 , 04:20 PM
Quote:
Originally Posted by eviljeff
A service that offers super high-interest savings accounts for newlyweds. The couple has to lock in their deposit for x years and if they get divorced they forfeit it. Basically I want to capitalize on how unrealistic newlyweds are and bet against marriages lasting. Obv have to play with the numbers to make it profitable.

Other features might include:
- allow friends and family to bet against the marriage (balance my action and charge vig)
- sell the above list of doubters to the couple
- instead of forfeiting the deposit, some or all can be used toward divorce or counseling services that my business also provides
Love it. Currently sweating a $500 bet with a buddy on whether or not another friend will marry the girl he was dating last year when we were seniors.

Terms:
-I pay $500 if they are married by 12/31/2018
-He pays me $500 if they aren't
-If they get married before then but get divorced at any point, I get reimbursed $250
-If they get married and we know/general consensus is they are tying the knot because he knocked her up, I get $100 back

Made this bet last winter, they are no longer dating, she is in med school, he is consulting for a big 4 firm, both in separate cities. They still talk but things are looking significantly in my favor it would seem.

Have a couple ideas, will add later today.
Your ideas are worthless, and I'm here to prove it Quote
12-03-2011 , 08:22 PM
http://bucks.blogs.nytimes.com/2010/...rce-insurance/

kinda interesting, similar to the topic above
Your ideas are worthless, and I'm here to prove it Quote
12-03-2011 , 08:54 PM
Quote:
Originally Posted by kaby
Two remarks I already came up with:

- Maybe I overestimate the market there is for something like this/new poker video sites in general, even when they wouldn't directly compete with all the english sites there are now.

- What is to stop a site like Cardrunners, who have all the infrastructure in place, from copying this idea fairly easily? Do I just pray they do it worse and/or are too busy with Draftday, that the Leggo guys are too busy playing bball, etc?
I actually spent some time fleshing out this idea in ~2007 as a direction to take CardRunners. It didn't seem to make good business sense then and I think it makes even less sense now given the state of online poker.

If someone did it successfully I can assure you that CardRunners would react in whatever manner was most logical. We built our site so that it could be "skinned" if we wanted it to be, that's what we used to create p5's training.
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 12:11 AM
Quote:
Originally Posted by justfoldpleaseok
hahaha this is funny! one pitfall...If one little tablet created a "mini explosion" to break the **** up, what would happen if some maniac went and bought 100 million tablets and put them in the ocean or something? the world would die and as the famous basketball commentator once said "boom goes the dynamite".

IMHO in reality it wont work if its a "bomb" if you can get some chemical formula that breaks down the solid **** and turns it into a dieriah then thats a bloddy innovation that will sell.

For now though, this can probably work as a joke pill. you can sell it to a gag shop and give it to your friends on their birthday or something to just poke fun.
Good point about the mini explosion. I guess something that reacts with water to do this opens it up to misuse. A chemical that breaks down the "log" over say a few hours would be fine for home use I would say. But then there is still a need for say an "emergency" solution for use in more public places (ie. restaurants, bars, friends places etc). Something like a little tablet that would quickly react with the **** and break it up making it flushable, because obviously one wouldn't want to be standing in a toilet for ages waiting for it to be flushable. That was the original thought behind the mini explosion type idea.
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 03:04 AM
Quote:
Originally Posted by andr3w321
A fridge that automatically orders groceries for you to be delivered by Amazon Fresh/whoever

I think this one is quite a few years away but it will happen eventually. There's a couple food items that people always need to have in their fridge: milk, eggs, bread etc. Why bother going to grocery shopping when you can just have your fridge automatically order a new batch when the last one's getting low?

This thread would be a lot easier if you could comment on people's posts and keep each idea in one subthread, but such is the ways of 2+2. Idea #2 update 2+2 so each post can be commented on and sub threaded comments on reddit are.
Beyond this, a fridge that scans food in via rf-id tags, and offers recipes you can make with the ingredients you have, then cooks them.
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 03:09 AM
I was thinking about reverse noise cancelling headphones, essentially a switch you could flip and change from music to hearing what is going around you without having to take the headphones out of your ears.

seems like this would be really useful, to me at least, thoughts on a broader market appeal?
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 06:38 AM
Quote:
Originally Posted by eviljeff
A service that offers super high-interest savings accounts for newlyweds. The couple has to lock in their deposit for x years and if they get divorced they forfeit it. Basically I want to capitalize on how unrealistic newlyweds are and bet against marriages lasting. Obv have to play with the numbers to make it profitable.

Other features might include:
- allow friends and family to bet against the marriage (balance my action and charge vig)
- sell the above list of doubters to the couple
- instead of forfeiting the deposit, some or all can be used toward divorce or counseling services that my business also provides
I really like the idea but I think there is one really big problem. When there is a serious amount of money involved couples could stay together on paper but just live at seperate places. And how would you prevent from fake weedings of friends/gay people with a lot of money who just want to abuse the system?
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 06:49 AM
Quote:
Originally Posted by kaby
A poker video site platform

Plenty of video sites out there, that deliver their own content and ask you to pay for it. What I propose is a site that has just the infrastructure, and lets others upload their own videos, do their own marketing etc. I guess something like wordpress for blogs, but then for poker instructional video sites.

While there are plenty of poker video sites out there, I see some untapped potential.

I see three markets:

1) Other languages.

Most non-english video sites seem very amateuristic, and many languages don't seem to have their own training site at all. There is a fairly big market here as in some countries many young persons' English is not good enough to watch poker vids, and even if it is they might prefer their native language anyway. Even in a country like the Netherlands there is a Dutch poker video site that has been around for years (and doesn't seem to suck, as one of the only ones).

Right now if you want to start say a Spanish poker site, you need both a a copule of good players willing to deliver content, a tech guy willing to put it all together and figure out payment options etc, and someone to do the marketing. You need to spend time on it, meet up sometimes, etc.

By removing the tech part it should make it easier for people to start up a spanish poker video site, and people who feel it's too much of a hussle to do so now might do it if the infrastructure is right there and only videos/marketing are needed. In addition, it might cost too much/be too risky an investment to fund all the tech/development, figure out payments, DRM, etc etc before you even get to see if your vids catch on. Especially in some of the smaller markets: eg a stand-alone Croatian video site might not be viable because the overhead is too big, but doing it on the platform might show a profit for a group of a couple croatian ssnl pro's making micro vids or w/e as the starting investment will be much smaller.


2) High end videos.

Once you get to a certain point, watching videos isn't worth it because they suck relative to your skill level. People (understandably) hold back, as they get underpaid for their vid making. I'd need a ton of money to make a good, no-holding-back vid for example as it would hurt my own bottom line quite a bit. Current video sites are unable to pay me this much, bc with their payment model where people can see all vids for say 30$/month they just can't pay me as much as I'd need, they'd never get it back.

With the poker video platform, if I were to have a mini-kaby video site dedicated to how to beat 5/10+ hu nowadays, I would be able to set my own price, and I would be able to charge per user per video. Say I make a series consisting of 10 vids, and I want to charge people 100$ per vid. I can't do that on cardrunners, as they obviously won't pay me anywhere close to 100$ _per user watching the vid_ when someone can see ALL the vids for the one month of 30$ or even in the free trail. Current video sites seem to cater towards micro stakes and ssnl videos with fairly bad hsnl videos thrown in with contect directed at ssnl players, I assume for this reason.

If 20 people I reach by worth of mouth were to watch the series for 1000$ I make 20k (minus the platform's cut), that's a nice amount of variance free money and for the potential customers it seems really good value compared to what they'd pay for my coaching, and I don't have to worry about setting up DRM, payments etc.


3) Group coaching/stables.

Some coaches have 10+ students playing similar games. Some people run stables where they stake 20 people. It might be very convenient for them if they could easily use the platform to put up coaching videos (for a fee obv), password protect them so only their students can see them. Access to the back catalogue of videos might be a selling point for those coaches, etc.


Monetizing it:

Customer pays through the platform, platform takes a cut of xx%, rest goes to the maker of the video site. I'm sure there's some other possibilities too, but this seems like the main and easiest ones.


Cliffs:
- A platform for other people to run their own poker video site on.
- Potential markets: everyone who doesn't want to make, deal with the hassle, or would serve too small a market to justify the investment of creating their own video site from scratch.
- $: Payments go through platform, platform takes a cut.
I think your really onto something here. If there was such a place availabe with some quality content I would definitly prefer this one over the other existing platforms and yes I have been a member at basically every good site. The first question that comes to my mind though is whether it would be more profitable for the big guys to release their stuff on such a site.
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 06:56 AM
also this thread is amazing been a long time lurker but this one finally got me to post myself thanks for starting it
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 08:44 AM
Quote:
Originally Posted by PokerStrategy
The world's largest Poker School

PokerStrategy.com is the world's largest poker school and community:
  • more than 5 million members
  • thousands of poker videos
  • hundreds of strategy articles on all aspects of the game
  • star poker coaches such as Collin Moshman, Dusty 'leatherass9' Schmidt, Jared Tendler, Jonathan Little, Jens Kyllonen and Aaron Lambert
  • live-coaching & personal advice in our strategy forums
  • more than 1 billion page views in the recent 12 months
If you are interested in our offers [...]

The Place of Choice for your non-English-speaking Friends

PokerStrategy.com is fully available in 19 languages. What does "fully available" mean?
  • Localised strategy articles & poker room reviews.
  • Locally produced coaching videos - from natives for natives.
  • Seperate community forum - with full service from moderation to hand evaluations and strategy advice
  • Local poker news - covering both world-wide and local events
  • Live community events - where you meet players from your country
Our languages:
This is the guy doing that comes to my mind. Know some players who reference to this when learning, many can read in English but a very small portion can understand someone talking on poker videos.
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 11:03 AM
Quote:
Originally Posted by tafffish
I think your really onto something here. If there was such a place availabe with some quality content I would definitly prefer this one over the other existing platforms and yes I have been a member at basically every good site. The first question that comes to my mind though is whether it would be more profitable for the big guys to release their stuff on such a site.
This is only one component of whether an idea is worth pursuing. In this case, the idea is not remotely defensible to people that already have the technology to do this, huge built in audience, industry connections, etc.

As posted above by someone, do you really think PokerStrategy wouldn't be all over this even if CR, DC, Leggo, wasn't?

I also think you are vastly overestimating the demand for something like this. If you were a high stakes coach and want to do this, just setup a blog and tell people you are making one video a week and will manually send a link to the list. Yeah, it's not perfect, but if you only going to service handful of customers, it's good enough.
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12-04-2011 , 12:08 PM
well your right obviously and I didnt exactly say that there is a huge demand for it I just like the idea way more than what other sites are doing if its easy or even possible to carry out is a whole different thing.
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12-04-2011 , 03:38 PM
I'll contribute an idea I have thought about.

Basically it would be a mobile application for food and drink vending at stadium events, football games, basketball games, concerts etc. I think this may have been implemented to some degree in newer stadiums so it might not be that original.

Essentially you would enter what section, row, seat your in, and place your order. The vendor closest to your section would see it and deliver the beer to you. You would also be able to pay for the item via the app include adding a tip. This would make it so you dont have to pass money and returned change back and forth through out the entire row. Think about how outdated of a process it is to pass money back and forth in a row. I personally get pissed off at a football game anytime I have to pass money back and forth, it takes my focus away from what i am watching.
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12-04-2011 , 04:04 PM
^ I like that idea TableBeeps! Would possible be best to develop that as a phone friendly website which can then be wrapped up in an App easily. Would also work well in cinemas, theatres etc.

What you will need to look into though is phone signal in stadiums, I read a while back that the sheer mass of humans in a stadium can badly affect quality of signal so you will need to visit a few stadiums and see if that's a problem or not.
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12-04-2011 , 04:56 PM
Great idea...besides the convenience im sure it would be a massive boost to sales. So many times you don't feel like leaving your seat to stand in long queues at stadiums, but would pay double for drink to be delivered to your seat
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12-04-2011 , 05:16 PM
I think it would work well in theatres for the half time first, also people that go to the theatre are more likely to have smart phones. Then the idea can be scaled up to stadiums later.

I wouldn't require any special hardware, a web interface for the people behind the counter and an online page to order is all you need.
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 06:52 PM
Quote:
Originally Posted by anyhero
A free, simple and NICELY DESIGNED public records search, marketed towards the casual user (people looking for gossip or dirt on their relations). Call it FriendSnoop or something similar. This business model already exists, but is always marketed towards employers and landlords, and the free searches suck and are hard to use. Also the websites are all unwieldy and ugly. Revenue could come from ads. Maybe there could be a subscription tier, in which any new results for a particular search would be emailed/texted/whatever as soon as they were found.
As someone who has used the SEC's website a ton to do searches on on funding documents, this would be amazing.

Sorry I've been gone from this thread for a while I've been really busy at work and home both (as evidenced by how Ms OOT missed a day). I'm glad to see other people are participating though!

I'll get another one of my ideas up tonight.
Your ideas are worthless, and I'm here to prove it Quote
12-04-2011 , 07:12 PM
Quote:
Originally Posted by TableBeeps
I'll contribute an idea I have thought about.

Basically it would be a mobile application for food and drink vending at stadium events, football games, basketball games, concerts etc. I think this may have been implemented to some degree in newer stadiums so it might not be that original.

Essentially you would enter what section, row, seat your in, and place your order. The vendor closest to your section would see it and deliver the beer to you. You would also be able to pay for the item via the app include adding a tip. This would make it so you dont have to pass money and returned change back and forth through out the entire row. Think about how outdated of a process it is to pass money back and forth in a row. I personally get pissed off at a football game anytime I have to pass money back and forth, it takes my focus away from what i am watching.
I did some work a couple years ago with a "company" called eStadium that had a lot of similarities to this. It was originally developed as a student/professor project between Purdue/OSU/GaTech that did stuff like deliver game highlights to your phone while you're at the game, interactive games with other people at the games, real time stats, play-by-play info, and mobile food ordering.

Check out http://estadium.gatech.edu on your phone for an example from the UGA/GT game. If you click the scoring plays it should launch a video highlight of that play.

Unfortunately I put company in quotes because really this was an academic project, and despite all the pushing from myself and a couple other MBAs we weren't able to get the guy to give up a little control of it and really try to run it as a business selling to other schools.

There's definitely a potential market for it though. No one has really flooded the market yet either, and there are plenty of applications you can expand this in to (concert venues, movie theaters, performing arts centers, etc.).

I think the big problem is also going to be making the partnerships with the vendors. It's usually one big company that runs the entire stadium (Sodexo does a lot around here) so you can't just go try to sell the pizza store manager, and the hot dog store manager, you have to go through a big company that is going to have a much longer and more complex sales cycle.
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12-04-2011 , 07:18 PM
Quote:
Originally Posted by jaywks
I've always wanted to bring the concept of the customizable poker HUD to other areas. If you're watching a baseball game on tv, you can overlay the stats that you want to keep track on top of the tv.

I'm sure there are other fields where it's beneficial to have customizable stats available to you in real time.
Being able to pick and choose the stats to place on a TV around what your watching is definitely an awesome idea and one I'd hope that someone is working on, whether at a TV manufacturer (Sony/LG/Panasonic, moderately likely), a cable provider (Comcast/Time Warner/Charter, unlikely), or even one of the set-top box makers (Roku/Boxee/Google/Apple, most likely).

It would also be a great application if you could use it on your phone like jzo said. I would imagine a kind of augmented reality where I could point it at a player on the court and his stats would pop up around him.
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