AmayaStars

[MC]

$1 million Spin & Gos. Just lol.

http://uk.pokerstars.com/poker/promotions/december-festival/spin-and-go/

That might be the greatest thing I have seen pokerstars ever do

Level?

$1 million Spin & Gos. Just lol.

http://uk.pokerstars.com/poker/promotions/december-festival/spin-and-go/

I think I would literally have a heart attack playing for that amount lol.

Normally yes, but given the other two guys get a $100k prize it probably removes that tension. 

Level?

[Rexas]

.....and this piece, which has nothing to do with Amaya/'Stars really, but touches on pro poker players & their attitude to money, is also quite interesting.......


http://www.pokerstrategy.com/news/world-of-poker/Poker-and-the-value-of-money_88310/

I can definitely relate to this. My first and only proper job had me working 70+ hours a week on minimum wage (actually less than minimum for a time). To me then, this was all the money in the world. I mean, I used to get like £100 total for my birthday from various relatives in vouchers etc, and now i was getting double this a week. I didn't have any real expenses, I was still living with my folks, so didn't have to worry about bills or any form of money management. Having lost that job and turned to poker, I got used to buying in with this sort of money and shrugging off losing and winning these amounts every day. In less than a year, I'd gone from having a yearly income of £200 to being disappointed if I didn't win that in a day.

Fast forward a year or so and I was using this bankroll to go to university, and was nearing a point where I didn't have enough to keep playing and still get by. Bills, rent, other essential living costs were starting to factor into my decision making. Then, just as I'm starting to get a little precarious, I place second in a deepstack and 18k goes into my bank account the next day. I had literally no chance of gaining any sort of respect for money, and this is primarily really what caused me to go broke. I ended up living a lifestyle that was a complete joke, spending like £40 a day on food alone every day for over a year. I wish, honestly, that I had the respect for money that I do now, but I don't think any sort of article is going to get through to people like I used to be. I was swept up in the balla world of poker, and I had to learn the hard way how to deal with personal financial management.  

[Royal Flush]

$1 million Spin & Gos. Just lol.

http://uk.pokerstars.com/poker/promotions/december-festival/spin-and-go/

That might be the greatest thing I have seen pokerstars ever do

Level?

$1 million Spin & Gos. Just lol.

http://uk.pokerstars.com/poker/promotions/december-festival/spin-and-go/

I think I would literally have a heart attack playing for that amount lol.

Normally yes, but given the other two guys get a $100k prize it probably removes that tension. 

Level?

Ha has anyone ever gone from being more pro stars to more anti starts in a short space of time?

Not a level, we can spin $5 into $1m in a super turbo, that's awesome

[MC]

Ha has anyone ever gone from being more pro stars to more anti starts in a short space of time?

Not a level, we can spin $5 into $1m in a super turbo, that's awesome

Ha, I doubt it

Assume you can go on any casino site and win a mill ball on slots, this is approx the same thing.

[AlunB]

$1 million Spin & Gos. Just lol.

http://uk.pokerstars.com/poker/promotions/december-festival/spin-and-go/

That might be the greatest thing I have seen pokerstars ever do

Level?

$1 million Spin & Gos. Just lol.

http://uk.pokerstars.com/poker/promotions/december-festival/spin-and-go/

I think I would literally have a heart attack playing for that amount lol.

Normally yes, but given the other two guys get a $100k prize it probably removes that tension. 

Level?

Ha has anyone ever gone from being more pro stars to more anti starts in a short space of time?

Not a level, we can spin $5 into $1m in a super turbo, that's awesome

The odds of even getting on the jackpot table are 3,333,333/1

And then you have to win it!

Better odds with the lottery.

[AlunB]

So 40% of revenue is coming from new players who signed in last 4 years

Must be nice getting a good churn of new players

(I know it's not this simple) but the acquisition costs of the old players = zero and the acquisition cost of a new player > zero.

Great read that article.  Interesting how he said he was only really interested in the access to pokerstars 89m 'consumers'.

Yeah I saw that too and thought it was an interesting comment, although he's mentioned it before in a management presentation just after the deal.

The concept being that eventually it will be a bit like Amazon with a range of "entertainment" services including poker, gambling, music, TV, whatever.

Pissing off your hardcore customer base, who are really the people you are targeting with this, doesn't seem the ideal start to this process of engendering long-lasting cross-vertical customer loyalty to me.

[TightEnd]

Following Victoria Coren's decision to quit PokerStars, Daniel Negreanu has weighed in on the debate about poker and casino gambling.

He wrote on his blog "I would personally feel like a hypocrite if I justified that it’s OK for me to take money from problem gamblers, but it's not OK for the casino to do the same."

http://bit.ly/1A74YM8

[AlunB]

Following Victoria Coren's decision to quit PokerStars, Daniel Negreanu has weighed in on the debate about poker and casino gambling.

He wrote on his blog "I would personally feel like a hypocrite if I justified that it’s OK for me to take money from problem gamblers, but it's not OK for the casino to do the same."

http://bit.ly/1A74YM8

How about neither?

[rfgqqabc]

According to his blog, he has "more money than [he] could spend in his lifetime." You'd think that would be enough for him to stop toeing the company line on every issue.

[AlunB]

According to his blog, he has "more money than [he] could spend in his lifetime." You'd think that would be enough for him to stop toeing the company line on every issue.

Or to stop taking money from problem gamblers.

"I want to do good in this world! And also bad."

[Rexas]

According to his blog, he has "more money than [he] could spend in his lifetime." You'd think that would be enough for him to stop toeing the company line on every issue.

Or to stop taking money from problem gamblers.

"I want to do good in this world! And also bad."

This quote is the honest truth of being a professional player though. I've taken money off people who have a gambling problem. I mean, define problem gamblers. Almost all of the regs in all casinos are losing players, and they come and play a few times a week at least. I took money off them. As someone who was a professional, these people are my customers. The brutal truth of it is that I encouraged their problem in some instances, and I'm absolutely certain that people have encouraged me into games where I'm a loser, and picked on me when I've not been in the right mental state to play. If I actively tried to not take money off "problem gamblers", there wouldn't be a market for me. Poker is a brutal profession and the people who want to be successful have to be brutal along with it.

[arbboy]

According to his blog, he has "more money than [he] could spend in his lifetime." You'd think that would be enough for him to stop toeing the company line on every issue.

Or to stop taking money from problem gamblers.

"I want to do good in this world! And also bad."

This quote is the honest truth of being a professional player though. I've taken money off people who have a gambling problem. I mean, define problem gamblers. Almost all of the regs in all casinos are losing players, and they come and play a few times a week at least. I took money off them. As someone who was a professional, these people are my customers. The brutal truth of it is that I encouraged their problem in some instances, and I'm absolutely certain that people have encouraged me into games where I'm a loser, and picked on me when I've not been in the right mental state to play. If I actively tried to not take money off "problem gamblers", there wouldn't be a market for me. Poker is a brutal profession and the people who want to be successful have to be brutal along with it.

http://pokerdb.thehendonmob.com/player.php?a=r&n=2363

That is a definition of a problem gambler!!!  Had the honour of his company for several hours last night in a cash game in Bham.  Legend but has a serious gambling problem.  Most of the regs in casinos are losing players but they are not problem gamblers.  It's just a hobby to them with a certain level of monthly expenditure.  Problem gamblers are a totally different beast to just being a loser long term in the game.

[The Camel]

Following Victoria Coren's decision to quit PokerStars, Daniel Negreanu has weighed in on the debate about poker and casino gambling.

He wrote on his blog "I would personally feel like a hypocrite if I justified that it’s OK for me to take money from problem gamblers, but it's not OK for the casino to do the same."

http://bit.ly/1A74YM8

How about neither?

Every time he opens his slimy little mouth I detest Negreanu a tiny bit more.

I'll hate him more than Vinnie Jones on July 9th 2016 if he maintains his current momentum.

[The Camel]

What all this proves is a statement I first made about 10 years ago and have repeated many times since is definitely correct.

Whenever Daniel Negreanu says a prospective change in the industry "is for the good of poker" he actually means it is for the good of Daniel Negreanu.

Now I think anyone who has ever sneered, laughed or disagreed with me when I have expressed that view down the years owes me an apology.

And a pint.

[AlunB]

Following Victoria Coren's decision to quit PokerStars, Daniel Negreanu has weighed in on the debate about poker and casino gambling.

He wrote on his blog "I would personally feel like a hypocrite if I justified that it’s OK for me to take money from problem gamblers, but it's not OK for the casino to do the same."

http://bit.ly/1A74YM8

How about neither?

Every time he opens his slimy little mouth I detest Negreanu a tiny bit more.

I'll hate him more than Vinnie Jones on July 9th 2016 if he maintains his current momentum.

Get off the fence Keith ffs.