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WGT, are you JOKE?

Wed, Jul 24 2013 2:49 PM (38 replies)
  • stevenharkin
    1,921 Posts
    Wed, Jul 24 2013 10:25 AM

    Funkyjunkie3000:
    i think the real reason they wer stopped is because 95% of players that play in them have a credit bankroll meaning they dont deposit to the game (no profit for WGT)

    If they stopped it for this reason, I don't think they would have started them in the first place, as it has always been the case that it was only high roller's taking part in the HS's.

    Who's to know, not easy second guessing this crowd

  • pb1711
    1,183 Posts
    Wed, Jul 24 2013 10:57 AM

    stevenharkin:

    Funkyjunkie3000:
    i think the real reason they wer stopped is because 95% of players that play in them have a credit bankroll meaning they dont deposit to the game (no profit for WGT)

    If they stopped it for this reason, I don't think they would have started them in the first place, as it has always been the case that it was only high roller's taking part in the HS's.

    Who's to know, not easy second guessing this crowd

    Regardless of whether those players deposit or not, WGT still take their cut from the RG's so they're still making their money. Those players may not deposit but must have won those credits somewhere or off someone and that someone won somewhere else and if you carry on following that chain you will eventually find the players that do deposit, (like almost all of us did). So WGT are still getting the deposits and the 20% cut of RG's.

  • Funkyjunkie3000
    722 Posts
    Wed, Jul 24 2013 1:45 PM

    yep i agree with what ya saying there wayne.... and altho they are taking there cut none of that is from new revenue ie players paying them money there and then..... i think thats the WGT way......

  • Woodoworkery
    3,498 Posts
    Wed, Jul 24 2013 2:00 PM

    I 'm going to get a lot of hate with this one, but I think RGs should go by avg. In other words ,lets take the 50 centers now we all know that the players that are not really that good and don't have a lot of credits are going to enter that RG. I don't think it's fair  for the big guns with avgs in the 50s to be allowed to enter that RG.  It's just not good sportsman ship IMO. 

    Would like some feed back on this, now I know the guys with the avgs in the 50s are going to go nuts on me, I would too. But lets look at whats fair, if your that good go after the 200 300 and even 500 credit RGs and let the penny anny RGs  to the so so players

  • gedi83
    277 Posts
    Wed, Jul 24 2013 2:09 PM

    thebigeasy707:

    Funkyjunkie3000:
    explanation in short

    you spend money wgt likes you.... if you dont spend your on your own

    Agreed....just like any other online business who's main aim is to make as much money as they can, while they can.

    But surprise surprise, those businesses that choose the "free" model are probably the most successful... (ergh, Google, Facebook, etc.) Given that there are lots of other sources for money, like ads (with all their behavioral targeting these days) and sponsorships (I suppose WGT should be receiving a good amount of money for advertising certain companies' products...) Just because they want too much money, all the money they can get, they seriously harm their long-term reputation and hence participation with ridiculous prices and rakes...

  • DaveStrock
    919 Posts
    Wed, Jul 24 2013 2:12 PM

    I for one totally agree with you Woodoworkery, RG's are dominated by a few elite for the most part,average based RG's would be great and a fair way to make sure more players could enjoy playing them and have a chance to at least keep up with ball cost,if not average based RG's it would be nice if WGT could implement a handicap system that would level the playing field.........

  • gedi83
    277 Posts
    Wed, Jul 24 2013 2:33 PM

    pb1711:

    stevenharkin:

    Funkyjunkie3000:
    i think the real reason they wer stopped is because 95% of players that play in them have a credit bankroll meaning they dont deposit to the game (no profit for WGT)

    If they stopped it for this reason, I don't think they would have started them in the first place, as it has always been the case that it was only high roller's taking part in the HS's.

    Who's to know, not easy second guessing this crowd

    Regardless of whether those players deposit or not, WGT still take their cut from the RG's so they're still making their money. Those players may not deposit but must have won those credits somewhere or off someone and that someone won somewhere else and if you carry on following that chain you will eventually find the players that do deposit, (like almost all of us did). So WGT are still getting the deposits and the 20% cut of RG's.

    I think the situation is more complex. What high stakes RGs probably do is differentiate people and that is no good for WGT money making. E.g. Imagine a couple of net earners, one borderline, who has say 4000 credits and another more clear, with say 8000 credits in the bank. Without the high stakes RG both of them keep playing and hoping that they can accumulate more money and eventually get something from the Elite collection. Now after a few weeks of high stakes RGs happen, the better guy will likely keep net winning, ending up with say 20000 credits and the other one will net lose (because these RGs are admittedly more tough than lower stake ones, especially in the middle of leaderboards), ending up with say 2000 credits. The first one will be able to get a T-shirt (and later the other items), whereas the second one will likely get discouraged and quit (or at least keep playing less frequently). Without high stakes RGs both of them would keep playing and aiming...

    So even if they maybe getting their increased rake what matters is how that affects future behavior of different kinds of players. When I have some spare time, I may run some analyses to compute what's the probability of continuing play as a function of previous performance, tiers, stake, etc. (so may see some empirical data, not just guessing...) If WGT is not totally broke, they must have a "data team" working full time on similar analyses.

  • gedi83
    277 Posts
    Wed, Jul 24 2013 2:36 PM

    DaveStrock:

     it would be nice if WGT could implement a handicap system that would level the playing field.........

    including course ratings :) Because now if I choose difficult courses, conditions or UELs, I will tier up much slower than those who play easy courses/settings leading to low scores...

  • MBaggese
    15,367 Posts
    Wed, Jul 24 2013 2:49 PM

    Woodoworkery:
    Would like some feed back on this

     

    A few things...I can guarantee you that not everyone whose avg is in the 50's, is well off in credits.

    I hear what you're saying though, maybe WGT should set up 50cr RG's by Tier instead.

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