A lot of players like to grind SNGs, either for the VIP benefits, or just because they don't want to be tied down for several hours with one tournament. Some players, especially beginners, get discouraged when they play for several hours and don't even get close to the money.
One-table SNGs, by far the most common SNGs, are a standard feature on any poker site. I warned ACR what would happen if they kept cutting back the SNG options, and I was right. It has to be costing them a lot of revenue. I have checked several times, with SNGs from $3 to $20, and literally no one was entering. Not one single table was open--not even on Friday night, prime time for online poker.
With every tournament that someone plays, including SNGs, the poker site gets about 10% off the top (called rake, or, by the old-school players, vigorish or vig.) A tournament that is listed as "$10 + $1" means that $10 goes to the prize pool and $1 goes to the site.
Americas Cardroom is missing out on a lot of revenue, and I'm baffled as to why ACR drove all those players away. The math is pretty simple. If Joe can play one $10 + $1 MTT in four hours, or four $10 + $1 SNGs in four hours, clearly the site should want Joe to play the SNGs. If I was an investor or executive with ACR, this situation would be enough for me to want the tournament director replaced.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment