Total Free Money Earned

Redeems: $280,439

BTC Rate: $117950.92

Results 1 to 10 of 39

Hybrid View

thinknhurtz Protest against the 5 pt... 07-12-2011, 11:45 PM
freeroller4 it's only 5 pts lol, i have... 07-12-2011, 11:46 PM
Zab hah.. Im trying to add a... 07-12-2011, 11:46 PM
thinknhurtz haha ya im just joking ill... 07-12-2011, 11:47 PM
Zab It's fine hehe you can leave... 07-12-2011, 11:48 PM
kaos1987 thinking u got... 07-12-2011, 11:47 PM
Zab I made the next tournament... 07-12-2011, 11:47 PM
Tiarra I was wondering if that was a... 07-13-2011, 07:12 AM
tval35 Yeah Zab, what the heck! Jk... 07-13-2011, 12:20 AM
rrickir i woiuldnt mind it all ... 07-13-2011, 12:58 AM
ProBlackbird Haha what doesn't it matter?... 07-13-2011, 02:52 AM
421TK421 I'm glad you were joking. I... 07-13-2011, 07:24 AM
DiscinFrog 5 points is nothing compared... 07-13-2011, 08:20 AM
CUSTOMTABLES thnk about it is this... 07-13-2011, 08:41 AM
gametime74 so far i love this site and... 07-13-2011, 09:09 AM
poowoo12 i think it should be 100pts... 07-13-2011, 09:41 AM
Zab If we can get 60 people in... 07-13-2011, 09:59 AM
poowoo12 i agree inflation is bad 07-13-2011, 09:39 AM
Zab Also don't forget, with the... 07-13-2011, 10:02 AM
panthers63 We should have a kill the... 07-13-2011, 10:09 AM
gefishy This is in no way approved by... 07-13-2011, 10:27 AM
Zab I didn't know raising it 5... 07-13-2011, 10:31 AM
gefishy I didn't mean to make it into... 07-13-2011, 10:34 AM
Prawney Considering it takes like 20... 07-13-2011, 01:12 PM
scottieb668 i like that prawney!!! Zab... 07-13-2011, 01:20 PM
Prawney Yeah when someone offers... 07-13-2011, 01:26 PM
thinknhurtz bring it down to 135!!! sign... 07-13-2011, 01:29 PM
Zab /me Signs here 07-13-2011, 01:31 PM
jonmcbluffin omg 5 points.. what the hell... 07-13-2011, 02:11 PM
TheBeesKnees I hope the cake ones starts.... 07-13-2011, 03:57 PM
Zab I've emailed Cake :| 07-13-2011, 03:58 PM
thinknhurtz Alright if they dont wanna... 07-13-2011, 04:03 PM
snaphappylappy The 5 point increase doesn't... 07-13-2011, 08:12 PM
trubbluffer i hope cake ends up making a... 07-13-2011, 08:14 PM
MIGO14 waah, 5 points more thta... 07-14-2011, 01:46 AM
rrickir i dont really like cake at... 07-14-2011, 02:18 AM
DiscinFrog its pretty easy to earn... 07-14-2011, 11:30 AM
vcsanta five points is no big deal a... 07-14-2011, 03:28 PM
gefishy OK, I think we all get the... 07-14-2011, 03:33 PM
  1. #1
    PokerOwned Master
    Join Date
    Apr 2011
    Posts
    395
    We should have a kill the leak promo, or at least plug the leak.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!

  2. #2
    PokerOwned Master gefishy's Avatar
    Join Date
    Mar 2011
    Posts
    347
    This is in no way approved by Zab, this is just my opinion as to why raising the cost of tournament entry is pretty OK.

    OK, trying to discuss why the cost for entry goes up is more of an economics discussion than anything else. Think about this, the price for gas and food go up all the time, why? Supply and demand is the most basic reasoning (though not always the full reason). During the summer months, people go on more vacations and need gas so to effectively handle supply, the price goes up. This means that less gas might be purchased but the supply can keep up with demand.

    In this case, having the cost of entry go up for these tournaments may not be so bad. Think of it this way, we are consistently getting between 35-40 people for our tournaments now. When do you think you have better odds of making a final table? When there are 30 people playing or when there are 40 people playing? Raising the cost of tournament limits (theoretically) the amount of people who may enter making it more likely for those who are in the tournament to hit cash. We should be clamoring for more expensive tournaments and larger prizes! Asking Zab to lower the entry cost is like asking your gas station attendant to lower the cost of fuel. It would be nice, but is not realistic.

    Now for the important part. What does 145 points actually mean? With a $25 prize pool, knowing approximately what your 145 points are worth will tell you if it is still worth it to play. Well lets see: The cost for $1 at Carbon (from the "Redeem Points" tab") is 580 points. That means that your 145 points is worth approximately $.25 (145/580) which means for Zab to "break even" on his tournaments in this model he would need to have 100 people enter the tournament. More importantly, the rise in cost of 5 points doesn't even amount to a full penny ($.086).

    Now I am sure that this thread was originally started to be funny but this is for those who may be actually angry about this.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •