Fuzzygazz:
MBaggese:
PUHOLINO: So, to recap, if you stop playing, they will only lose the ammount of actual cash you payed in this year, which is usually ZERO with most net winners. Sad, but true.
I'm not so sure...
I'd think every credit is worth one penny (US)...so the more WGT get's back credits, it seems it would go to the plus side of assets...otherwise, what would be the point of taking a percentage of RG, Blitz, and MPC?
Exactly..It's like ppl losing money at a casino saying its was only house money. Once you won it its not house money.
Well, it is if you can't change your chips for cash and leave like you can in a casino. And the term house money is wrong here. It's other people's money.
Rakes are in place so that people who don't win consistantly need to buy more credits . The fact somebody has 100. 000 credits in his account doesn't mean he has 1000 $, since he can't cash them in at that rate (at any rate now). So thinking WGT receiveid 1000 $ from him if he spends them in the pro shop, is ludicrous. They already owned that 1000 $ from the day when all the people, who were losing matches to that much better player, bought all those credits (100.000 + the rake it took to accumulate those winnings) with their real money.
Again. How much money does WGT get from you (and I don't mean anyone in particular), if you spend 100.000 credits in a year, but you didn't deposit any real dollars in their account. But I admit the role of good net winners is to beat the fish, so the fish need to buy more and more often. But saying you (again, not meaning you personally, I mean net winners) payed WGT 1000 $ if you spend 100 k in the pro shop? You didn't.
The only time WGT gets actual money, is when people buy credits, not spend them. The credits that are circulating right now, have already been paid for, when they were bought and they add nothing to WGTs coffers when they're spent, cause they already received the money for them way back.
Serial net winners are not an asset to WGT, they're a liability. First, they don't even put any money in again. Second, when they see they have credits (which have since the last change become even more worthless) in piles and really nothing to do with them, some will either gift around or start selling them to others at a black market price. By doing this, some people who would've otherwise bought credits from WGT now won't have, which means the great player actually took money away from WGT. That's why I said they become a liability.
I wish things weren't like this.
Edit: P.S.: WGT also doesn't get much out of people who find themselves on the losing end all the time, cause most of them eventually wise up and stop playing.
The ones that are IMO the most lucrative for WGT are the people who win 50-60% of the time. That's where the rake kicks in. If you have a bank roll of 50$ and you win 50-60% of your matches, the rake and the cost of balls will eventually bleed you dry. But most will be happy to buy more credits. Why wouldn't they, after all, they think they're winning.