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Old 03-01-2013, 03:15 PM   #53701
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Originally Posted by Victor View Post
oh cmon. regulation will ensure that the american public trusts its online poker rooms? like, the american public trusts regulation and the goverment? legit smh. you are wanting hard.
I'm just saying the games will be totally legit. No way to ever change the opinions of the conspiracy theorists, so that part is irrelevant.
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Old 03-01-2013, 03:16 PM   #53702
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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ok. tell me where my grandpa who put $100 on stars about 5 years ago would hear about something like this? is it gonna be in the local papers?



They are trying to extend the lifespan of the average player which will in turn result in more rake. I expect that they also hypothesize that extending the avg lifespan will result in larger aggregate deposits. I am sure this makes sense to you. I know that I got my start $50 at a time and each $50 lasted longer than the last before I went broke. After the 2nd to last one lasted 3 months and at one point became $2k I decided that I was only going back once more and if I couldnt make it work this time it wasn't my thing. If a fish loses his deposit in 2 hours every time they are less likely to redeposit than if it take 20 hours.
Yeah I totally agree that part of the motivation for doing this is to make the fish lose more slowly. It's not going to turn them into winners though.
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Old 03-01-2013, 03:18 PM   #53703
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Americans play the lottery despite it raking ~50%, you're way overestimating the collective will of degens
ya but you can win a lot at the lottery. if you start to win at poker, they just take it away. i was killing at poker when is signed up. ran my account up way high. all these morans kept going in with crap and i had aa and i had a full house and this guy went in with just a pair and then i got a flush and this guy tried to bluff me. it was great, let me tell you about this other hand....

so i cashed out 2k.

then i went to play and all those moran players going in every hand were gone. no all i saw were dudes only going in with tough hands. i think they were bots. and then they seemed to know what i had. like, if i had a full, they folded, but they snapped off my bluffs proly could see my cards. then when they needed a card, they always hit. like this dude went in with just a draw. and he hit.

so ya, im done with that stuff.
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Old 03-01-2013, 03:19 PM   #53704
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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They are trying to extend the lifespan of the average player which will in turn result in more rake. I expect that they also hypothesize that extending the avg lifespan will result in larger aggregate deposits. If a fish loses his deposit in 2 hours every time they are less likely to redeposit than if it take 20 hours.
Yes, yes, yes. Lifecycle is extended, rake goes up, reinvestment in player give backs goes down, gaming taxes on those give backs goes down, cost of acquisition goes down.
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Old 03-01-2013, 03:19 PM   #53705
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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I'm just saying the games will be totally legit. No way to ever change the opinions of the conspiracy theorists, so that part is irrelevant.
but this creates many more conspiracy theorists. it shifts anyone on the fence. and lets face it, just about all of us were on the fence at one time about online poker.
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Old 03-01-2013, 03:20 PM   #53706
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Yes, yes, yes. Lifecycle is extended, rake goes up, reinvestment in player give backs goes down, gaming taxes on those give backs goes down, cost of acquisition goes down.
buzzwords!

you forgot ecology, environment, economy.
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Old 03-01-2013, 03:20 PM   #53707
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Americans play the lottery despite it raking ~50%, you're way overestimating the collective will of degens


Re-hosting this (i took this picture a few minutes ago.)

Look at the monthly payments, jesus ****
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Old 03-01-2013, 03:22 PM   #53708
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Yeah I totally agree that part of the motivation for doing this is to make the fish lose more slowly. It's not going to turn them into winners though.
you dont have to turn them into winners to get them to spend more $. you just have to make them more convinced that they could be winners.

also, it will probably turn the low stakes players who are casual students of the game (like a weekend reg who plays 10 hours a week, but holds a day job and deposits $500/week to play nl100) into breakeven players or winners while those players are in the losing player pool as things stand. from my memory of the weekend games (of which I didnt play regularly ever) there are a lot of semi-regs that dont play at other times and werent winners but werent awful either.
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Old 03-01-2013, 03:22 PM   #53709
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Re: SE FAQ, Liveblog & FREE MONEY!!!

Is that 84 payments of 743.99 for a 10k loan? Is there anyone on earth dumb enough to take that loan and yet have the ability to pay it back?
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Old 03-01-2013, 03:24 PM   #53710
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Re: SE FAQ, Liveblog & FREE MONEY!!!

seems legit
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Old 03-01-2013, 03:25 PM   #53711
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you dont have to turn them into winners to get them to spend more $. you just have to make them more convinced that they could be winners.
and how the hell do you do this when they know if they start winning the site is gonna make it harder?
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Old 03-01-2013, 03:26 PM   #53712
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Yes, yes, yes. Lifecycle is extended, rake goes up, reinvestment in player give backs goes down, gaming taxes on those give backs goes down, cost of acquisition goes down.
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buzzwords!

you forgot ecology, environment, economy.
Yeah, all those crazy buzzwords that have been around since the beginning of business and are components of profit.
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Old 03-01-2013, 03:27 PM   #53713
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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and how the hell do you do this when they know if they start winning the site is gonna make it harder?
FWIW, the formula for skill matching isn't as simple as BB/100. It's skill matching, not win matching or variance matching.
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Old 03-01-2013, 03:29 PM   #53714
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Is that 84 payments of 743.99 for a 10k loan? Is there anyone on earth dumb enough to take that loan and yet have the ability to pay it back?
Payday advances are a huge and depressing business.
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Old 03-01-2013, 03:29 PM   #53715
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Is that 84 payments of 743.99 for a 10k loan? Is there anyone on earth dumb enough to take that loan and yet have the ability to pay it back?
Native American business that operates on Reservations though!
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Old 03-01-2013, 03:30 PM   #53716
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Yeah, all those crazy buzzwords that have been around since the beginning of business and are components of profit.
the same components that routinely require government bailouts in the billions?
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Old 03-01-2013, 03:31 PM   #53717
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Re: SE FAQ, Liveblog & FREE MONEY!!!

Why u so mad

Last edited by ClarkNasty; 03-01-2013 at 03:33 PM. Reason: There is no need......
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Old 03-01-2013, 03:31 PM   #53718
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FWIW, the formula for skill matching isn't as simple as BB/100. It's skill matching, not win matching or variance matching.
Can you elaborate here? The way you worded this seems...scary.
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Old 03-01-2013, 03:31 PM   #53719
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Is that 84 payments of 743.99 for a 10k loan? Is there anyone on earth dumb enough to take that loan and yet have the ability to pay it back?
would be shocked if thats even legal.

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and how the hell do you do this when they know if they start winning the site is gonna make it harder?
well, for one sometimes people succeed at things that are difficult. secondly, making it harder doesnt mean making it impossible or even making it more difficult for a long duration if the difficulty is too high. thirdly, see clark's post 2 below. lastly, you seem upset.

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Yeah, all those crazy buzzwords that have been around since the beginning of business and are components of profit.
dont forget ROI

Quote:
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FWIW, the formula for skill matching isn't as simple as BB/100. It's skill matching, not win matching or variance matching.
yep. at least if they write it sensibly.
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Old 03-01-2013, 03:34 PM   #53720
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Re: SE FAQ, Liveblog & FREE MONEY!!!

Those loans are totally usury if done off the reservations.
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Old 03-01-2013, 03:34 PM   #53721
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Can you elaborate here? The way you worded this seems...scary.
If you had access to billions(?) of poker hands with perfect information on every player, and all the stats that were in HUDs, plus even more stats not in the HUDs, plus had teams of PhD level economists on your staff, do you think you could get pretty dang good at identifying player skill level based on the above information? I do.
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Old 03-01-2013, 03:35 PM   #53722
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Re: SE FAQ, Liveblog & FREE MONEY!!!

Is usury even illegal if done between two consenting private parties?
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Old 03-01-2013, 03:35 PM   #53723
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Can you elaborate here? The way you worded this seems...scary.
it means there is no way you can win long term. iow,

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Old 03-01-2013, 03:36 PM   #53724
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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Payday advances are a huge and depressing business.
Local ads for tax refund advances have been airing almost nonstop in my area. Never bothered to look up their take but it has to be a hugely depressing amount.
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Old 03-01-2013, 03:36 PM   #53725
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Re: SE FAQ, Liveblog & FREE MONEY!!!

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If you had access to billions(?) of poker hands with perfect information on every player, and all the stats that were in HUDs, plus even more stats not in the HUDs, plus had teams of PhD level economists on your staff, do you think you could get pretty dang good at identifying player skill level based on the above information? I do.
its definitely in the billions as pokerstars used to have those X billion hand promotions where they handed out prizes for a few weeks and finally gave out some huge ones at the end.
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