Important - New Tournament Charges at Dusk Till Dawn from 1st April 2012

[robyong]

Haha, if everyone except you and Keith are winners with these changes then I wont be losing ANY sleep. I don't quite get this ROI and EV stuff thou, if you and Keith are worried about ROI or + EV, why do you play cash games with me? PS. can you tell Kieth that I'm doing another refit later this year to build a new VIP Room above the bar, Kieth is only in the budget to pay for 50% of the re-fit costs, it was unfair to expect him pay for the whole of last years VIP room re-fit BUT he kept on "insisting" by never folding to my premium holdings. I have only put you in for a 5% contribution, as I know you have a stop loss system and the discipline to stick to it. We need to get some games going again, after the UKIPT, just too busy to play at moment, Cheers mate

[cambridgealex]

Haha, if everyone except you and Keith are winners with these changes then I wont be losing ANY sleep. I don't quite get this ROI and EV stuff thou, if you and Keith are worried about ROI or + EV, why do you play cash games with me? PS. can you tell Kieth that I'm doing another refit later this year to build a new VIP Room above the bar, Kieth is only in the budget to pay for 50% of the re-fit costs, it was unfair to expect him pay for the whole of last years VIP room re-fit BUT he kept on "insisting" by never folding to my premium holdings. I have only put you in for a 5% contribution, as I know you have a stop loss system and the discipline to stick to it. We need to get some games going again, after the UKIPT, just too busy to play at moment, Cheers mate

 

[MANTIS01]

Read this thread 3 times and I cannot possibly see why anyone would think this was a negative.

If DTD ran rebuy tournaments of course there would be negs. But as far as I know they don't, so it's 100% positive news.

Think they did just start a £40 1r but that was £6 rake before so not a huge difference before and after, assuming some % of people don't take the rebuy.

The 2 main things people are missing is that:

1. For losing players, yeah it might not make much difference to whether they decide to play a tournament whether it's £50+8 or £50 flat, but it will leave an extra £8 in their pocket. Over time that will add up and, assuming they spend all of their spare cash on poker (which they probably do), they'll probably play more comps with it, or at least spend it in the club.

2. For winning players over a certain ROI, the reduced volume more than wipes out the rake saving. Say for example I am a +50% ROI player, in the £560 deepstack that would mean I average a return of £840 for £280 profit per tournament. ROI is always worked out including reg fees so that makes our real ROI on the prize pool proportion of the buyin 840/500 = +68%. Changing that to £450+50, assuming the field stays the same so our ROI on the prize pool does not change, that means we cash for £450*1.68 = £756 on average, subtracting the buyin gives us a reduced profit of £256 per tournament.

So, the net effect is to take a small bite out of winning players' profits and return it to losing+breakeven players who will most likely spend it on future tournaments, increasing churn and the club's turnover and eventually the bottom line. As usual, the conclusion is that Rob is no mug, this will be good for the games, good for the punters, but also good for DTD. Everyone's a winner, except me and Keith.

+1

[EvilPie]

Matt,

How many Chips do I need to win to qualify for the Chip Leader comp?

Cheers Rob

Hang on a minute I know this one......

I've seen it somewhere. I may have been drunk when I read it though.

[Leatherman]

Everyone's a winner, except me and Keith.

Surely the simple solution to this is for you to stake losing players......

 

[Rotty]

sounds fine to me

1 question, will the FPP buy in amounts change to reflect this ?

[SteveF]

I'm confused, are these changes going ahead? All the comps as far as I can see are the same x+x juice still?

[TightEnd]

I'm confused, are these changes going ahead? All the comps as far as I can see are the same x+x juice still?

From Mon 16th April, after the UKIPT