Does this mean what I think it does?......curious Grosvenor Text

[tikay]

Incoming from Grosvenor Walsall. (My enboldement).

"£200 DCF @ Grosvenor Walsall on Saturday 26h July, 8.30pm start, no reg fee, pot raked at 10%. Buffet from 8pm".

So.....

1) Has the once-wonderful monthly £300 now died, & been replaced by this?

2) "Pot Raked at 10%" - does that mean they deduct 10% from the Prize Pool? Financially, that'd be like the difference in "Tax Paid" or not in Betting Shops until the Tax was abolished - i.e., not much difference, only winners pay really. But I hate the notion of Prize Pools being interfered with - that's the thin end of the wedge. I may be wrong, maybe it means something else, but if it means what I think it does, I shall resist strongly. Prize Pools must remain sacrosant. IMO, of course.

Let's hope I've got the wrong end of the stick.

[Claw75]

How I read it is that it's effectively a £180+£20

[Robert HM]

Ouch, that way they get more than they would if it were a 10% reg fee.

[tikay]

How I read it is that it's effectively a £180+£20

I'm OK with £180 + 105, or even £20. I'm not OK with 10% lopped of the Prize Pool. Not at all. Where will that end?......

[TightEnd]

do you think though that it might attract some waverers on the basis that its reg fee unless they cash?

presumably its designed to be incentive, even if in practice its unhelpful

[Graham C]

Ouch, that way they get more than they would if it were a 10% reg fee.

whilst making it sound like a great offer, sneeky.

[TightEnd]

It also is at odds with a lot of trends in tournament poker at the moment in the UK

Reg free tournament poker is about to become far more common in a few popular series........

[tikay]

do you think though that it might attract some waverers on the basis that its reg fee unless they cash?

presumably its designed to be incentive, even if in practice its unhelpful

No, we  - sorry I - will never be happy if they start taking money out of the Prize Pool. It's so much harder for many folks to know what the % deduction is that way. It could be 10%, 12.5%, 15%, & many would never realise. Prize Pools are not there to be messed with, however pure the intention.

[Claw75]

do you think though that it might attract some waverers on the basis that its reg fee unless they cash?

but it's not really is it?  you're still paying £200 when only £180 of that is going in to the prizepool....

[tikay]

It also is at odds with a lot of trends in tournament poker at the moment in the UK

Reg free tournament poker is about to become far more common in a few popular series........

Correct. It started with one Series, & is about to spread to another. Then another....Exciting times.

[RED-DOG]

1) Has the once-wonderful monthly £300 now died, & been replaced by this?

2) "Pot Raked at 10%" - does that mean they deduct 10% from the Prize Pool?

1: Yes.

2: Yes. (Horse's mouth)

[TightEnd]

do you think though that it might attract some waverers on the basis that its reg fee unless they cash?

presumably its designed to be incentive, even if in practice its unhelpful

No, we  - sorry I - will never be happy if they start taking money out of the Prize Pool. It's so much harder for many folks to know what the % deduction is that way. It could be 10%, 12.5%, 15%, & many would never realise. Prize Pools are not there to be messed with, however pure the intention.

I agree with you, I am merely saying its a marketing gimmick designed to obfuscate and appeal to the "maybes" who might be swayed by this.

[tikay]

do you think though that it might attract some waverers on the basis that its reg fee unless they cash?

but it's not really is it?  you're still paying £200 when only £180 of that is going in to the prizepool....

£180 + £20 is fine. (by me). 10% off the Prize Pool - anything off the Prize Pool - is not. I'd accept, if I had to, £180 +£25, £30, or £40. But nothing off the Prize Pool. Purlease!

[gatso]

do you think though that it might attract some waverers on the basis that its reg fee unless they cash?

presumably its designed to be incentive, even if in practice its unhelpful

but it's not, raking the pot @ 10% is identical to an 11.11% reg fee. it's misleading at best, some would consider it dishonest

[tikay]

1) Has the once-wonderful monthly £300 now died, & been replaced by this?

2) "Pot Raked at 10%" - does that mean they deduct 10% from the Prize Pool?

1: Yes.

2: Yes. (Horse's mouth)

Bugger. All for want of a Monthly Flyer! Such a shame.