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WSOP 2007 - Stars Making a Statement?

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  1. valbizuresjr81 valbizuresjr81 is offline

    Posts: 312
    Joined: Jul 06

    Feb 14th, 2007 (2/14/2007 4:46pm)

    I personally wouldn't mind, if stars refrained from sending people to the WSOP directly...

    with 1500+ people being sent last year from stars. And other sites not sending people because they left. I'm sure the owners of the WSOP will feel the significance in the drop of players.

    Maybe this will lead to a big name, namly Harrah's WSOP, getting behind a movement to stop this goverment intervention in something that

    Although it can become a vice, it does keep many kids off the streets and off drugs ..

    And I would venture out to say its worth a fight ....
  2. threeven threeven is offline

    Tucson, AZ
    United States

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    Feb 14th, 2007 (2/14/2007 4:52pm) in reply to valbizuresjr81

    No way stars doesnt run sats in some form or another
    2
  3. mabedi mabedi is offline

    Richmond Hill
    Canada

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    Feb 14th, 2007 (2/14/2007 5:02pm) in reply to threeven

    I agree^^^^^^ stars is in the business of making money and not running satelites would result in -EV.
  4. inissint inissint is offline

    Fort Lauderdale, FL
    United States

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    Feb 14th, 2007 (2/14/2007 5:07pm) in reply to mabedi

    but i have been wondering why the FPP store does not offer buyins like last year...kinda unsure myself if they are sending peeps (or americans i mean)...in fact, im finna email em now and ask

    will post any response
     
  5. yomamanodros yomamanodros is offline

    Boulder, CO
    United States

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    Feb 14th, 2007 (2/14/2007 5:08pm) in reply to valbizuresjr81

    There is no way that Harrahs is going to get behind a movement ot stop the government intervention. It is my understanding that they gave Frist a large donation prior to the bill being put through. They want the unregulated online game to end so they can come in and run the regulated online game.

    For the record, I have no evidence to support what I just said.
  6. The Knish The Knish is offline

    Los Angeles, CA
    United States

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    Feb 14th, 2007 (2/14/2007 5:25pm) in reply to valbizuresjr81

    1st thing is that Harrahs leaves alot to be desired in the way they run their WSOP events. Mostly from their attitude. They treat everyone badly, have poor tournament dealers, and their communications with the public sucks.

    I played in both 2004 and 2005 ME's from winning entries. O4 on pokerstars and 05 I won a private tourney in early January so I had a cashiers check to bring in to sign up.

    When I was at the Rio for the 05 Superbowl weekend I asked Robert Daly the tourney director about entries and I was told point blank that they were capping it at 6600 and they anticipated it would be full very soon. Most likely buy the beginning of April. This turned out to be bullshit. They didn't even have anywhere near 500 entries at that point I later learned from someone on the inside.

    I'd let the tourney director know that I'd want to wait until I could play some additional sattellites because my agreement with the group I played the private tourney with demanded I play the WSOP with it unless I won another entry. If I did I could keep the $10K.

    Robert Daly said I better hurry to get the check in and register or I probably would get locked out in the next 45-60 days with what they were anticipating from the current pace of entries. This was BS.

    I'd asked them about all the online entries and was told in no uncertain terms that they would not hold any spots open for online entries and if their sattellites were started after early April then their might not be available seats to win!

    Of course we all know that despite a record turn out they fell short of the 6600 by quite a bit. Even with all the online entrants.

    I played sats and while I didn't win another ME entry I won plenty of tourney chips to make a nice profit before putting my check in 2 weeks before the tourney.

    Also, I've seen 1st hand how the managers of all the Harrah's poker rooms treat their employees and I'm not a fan.

    So, my rant ends with screw Harrahs and screw the WSOP if they don't appreciate what online poker has done for them.

    Roll it back to the 500 or so entrants before 2003 and see how they like it!
  7. ill flu ill flu is offline

    Kailua, HI
    United States

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    Feb 14th, 2007 (2/14/2007 5:30pm) in reply to inissint

    You can buy directly in to the 5k and below events with FPPs so...
  8. FourFives FourFives is offline

    Tacoma, WA
    United States

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    Feb 14th, 2007 (2/14/2007 5:57pm) in reply to mabedi

    Does Stars really make money off these sats? They don't draw in much more traffic than their normal daily tournies. So they are making money regardless.

    If anything, they are losing money on the satellites. Last year they sent 1500 to the WSOP. At $12,000 per package that is $18,000,000 leaving their site and going to the WSOP. That money would have otherwised stayed on Stars and continued to earn them money in rake and fees. If it were not for the advertising value of having "pokerstars" on the shirts/hats of 2 out of every 10 players at the WSOP, then they would really have little incentive to run satellites.
  9. yomamanodros yomamanodros is offline

    Boulder, CO
    United States

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    Feb 14th, 2007 (2/14/2007 6:19pm) in reply to FourFives

    Yes stars is most definitely making money on the sats.

    Lets say you start at a double shootout sat to their big Sunday qualifier and there are about 75 people in the tournament. Now consider that there are 2 of these running per hour. So 48 double shootouts a day at $1 in rake per player. That makes $3600 per day in rake off of the double shootouts. Out of these qualifiers some will qualify 2 people, so we will say 60 people qualify for the big tournament. These 60 people all pay something like $35 in rake for the big tournament. That makes another $2100 in rake. So just the double shootouts for one day make approximately $5,700. When you mulitply that by 7 you get $39,900 per week just from those playing Double Shootout qualifiers.

    When you take into account all of the other types of sats available and the big Sunday qualifier itself, they probably make around $75,000 in rake per week just from this one tournament and the feeders to it. These numbers may be a bit off but I am guessing it is close.
  10. Mort Mort is offline

    Schmargendorf
    Germany

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    Feb 14th, 2007 (2/14/2007 6:23pm) in reply to yomamanodros

    Yes, they did give Frist a donation prior to the introduction of the bill. FOUR YEARS prior.
  11. Mort Mort is offline

    Schmargendorf
    Germany

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    Feb 14th, 2007 (2/14/2007 6:28pm) in reply to The Knish

    Looks like they are gearing up for a smaller field. They've scheduled only three day-one's although they've set aside a day off before the day two I guess in case the interest exceeds their estimate.

    Harrah's did not purchase the WSOP to have it go back to the Moneymaker-sized tournament. And with online rooms not purchasing advertisement in their gaming expo this year, they should take a financial hit (one hopes.) If they do, they'll prob sell it or move it outside the country. Or prob they'll sell it and the NEW owners will move it outside the country.
  12. FourFives FourFives is offline

    Tacoma, WA
    United States

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    Feb 14th, 2007 (2/14/2007 6:29pm) in reply to yomamanodros

    Yes, I realize they make a ton of money off the fees from these sats but they also make a ton of money off the fees from their normal tournaments. So they are only going to make MORE money if these sats increase their tourney traffic. Otherwise the only difference would be that in a normal tournament, the prize money usually stays on the site and in a WSOP sat, the prize money leaves the site. With the money gone they are not going to continue to earn more rake/fees from that money.
  13. boozhwaa boozhwaa is offline

    Matawan, NJ
    United States

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    Feb 14th, 2007 (2/14/2007 7:09pm) in reply to FourFives

    Satellites draw players to the site, who then also play in non-satellite games. Also, satellite winners often advertise that fact, providing advertisement for the site. These are some of the ways satellites increase site traffic.
  14. TradePokerMoney TradePokerMoney is offline

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    Feb 14th, 2007 (2/14/2007 7:17pm) in reply to Mort

    No way it leaves Vegas, the rooms will still run sats and as FT and UB do, will credit you the $ to buy in yourself.
  15. romes23 romes23 is offline

    Newnan, GA
    United States

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    Feb 14th, 2007 (2/14/2007 7:38pm) in reply to valbizuresjr81

    first off stars obv makes money off sats as they do normal tournies, but the reason they will or will not have them boils down to what us (the customer) wants. If you remember a while back Lee posted saying that they would be having them and worst case scenario your account would be credited the buy in if Harrahs wouldnt let stars buy you in directly.

    Also to think Harrahs would do something would be silly......if you guys remember Harrrahs was one of Senator Frists contrubutors, hence him slippin the shit in the safe port act.
  16. Command007 Command007 is offline

    New Britain, CT
    United States

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    Feb 14th, 2007 (2/14/2007 7:40pm) in reply to Mort

    It's only 3 day ones right now, but they expanded the size of the poker room at the Rio so more people can fit in there at once.
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