General: Getting Even

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Embrace the hope

There's been a thread in the Brick and Mortar forum on 2+2 about jackpots with a number of regular players complaining that they're a tax on the system, just a scam for the benefit of the cardroom and should be eliminated. My opposing position (cardroom perspective) is that they're not a profit-center, and they're a legitimate tool to attract new and recreational customers. Regulars forget that their chosen profession requires a steady stream of new or rec players who will come in and make EV- plays because they're having fun and, consequently, fuel the ongoing poker economy. I'm not sure why they don't see that.


In any event, I figured I'd share some excerpts from my responses in the thread...

"...As a owner/operator, I'm very interested in keeping a grinder happy, but I also need to remember that most people come into the card room to have fun, get some good cards and win a few pots. They're not students of the game who discuss hands, strategy or edges on forums. They're at the table because poker's fun and that rush they get when they peek at pocket aces or scoop a pot with chased flush is awesome. Jackpots add to that excitement. It's true with slots and it's true with most poker players who approach the cardroom for entertainment and a maybe, just maybe, a shot at a nice score.

As for the fight over jackpots (Bike vs. DoJ circa 1995) a few years back, the big cardrooms fought it because they knew that recreational customers want them and they felt that they're an important constituency. That's not to say it was an altruistic fight; it wasn't. The cardrooms felt there would be a noticeable falloff in business, and based on my experience and interaction with the majority of our players, I agree with that.

The state's position IIRC was that the jackpots were an illegal lottery and was protecting the CA Lottery's turf. Similarly, if the state pressed to ban alcohol from all casinos, that might be eliminate abusive drinkers, improve the demeanor and health of most players at the table, but the cardrooms would probably fight it. Admittedly, when smoking was banned in CA rooms in 1998, everyone howled in protest, but the impact on business was marginal. Then again, only 17% of Californians smoke. I'm guessing most customers (i.e. a number higher than 17%) would prefer us to fight for their right to party and chase jackpots.

Look at it this way. The baseball purist probably finds all the kids out for bat day kind of annoying, but the future of the game (both for the owners and the pro players) depends on a constant flow of new faces and repeat recreational customers. We BOTH want new customers and the regular "I know there's a 3-bet in front of me, but I have pocket 7s and the jackpot hasn't hit in three weeks. Call." player, right? To me, talk about eliminating jackpots is the equivalent of tapping the tank. Dude...shhhh..."


From a later post in the same thread...

"...If we eliminate the jackpots and, while we're at it, other taxes on the system like advertising and comped food, how do we continue to bring in the players that we both need to survive and make a living? Should we count on the regulars to recruit their friends down to the cardroom to enjoy the camaraderie? Should we count on the WPT or ESPN? Maybe we should hope that the 100,000+ players on 'Stars decide that the "play on the laptop by the pool and generate more hands in two hours than a live player sees in a week" lifestyle is too convenient and anti-social and they'd prefer the challenge of driving down to the cardroom, getting on the list and engaging in the social niceties of live poker?

Jackpots and promotional tools are part of the business of bringing in new customers and keeping recreational players anxious to sit and stay at tables. In some markets, like Vegas, you can count on a continual stream of tourists--unless, of course, the economy sours and people are less-inclined to part with discretionary dollars. In other smaller or local markets, we can't just fire up a Cirque du Soleil show or a few white tigers and hope the husbands will waddle into the poker room. Therefore, we advertise and come up with promotions, jackpots and other things to stimulate traffic and butts in seats...

Complaining about jackpots is akin to Derek Jeter beefing about answering the same inane post-game questions or signing autographs for some kid he'll never see again. Or Tiger Woods refusing to play the pro-am because he makes his money on the weekend. They don't because they know that without the sponsors and the fans, their paydays wouldn't be what they are. Similarly, without the new or recreational players, how profitable do you think your games will be?

If you don't think promotions or advertising matter, ask yourself how good the live games were before the WPT, PartyPoker or guys like Moneymaker winning the WSOP? Ask yourself how good the games would be if there weren't new players getting in, chasing, making mistakes. What you only want good players who understand the game, read books published by 2+2 and play solid poker?

Put differently, jackpots are like your girlfriend's makeup. It may seem like a waste of time and a fraud on the purity of the sport, but I'm not sure you'd like the look of the game without it. Charles Revson, founder of Revlon, once said, "In the factory make cosmetics; in the drugstore, we sell hope." Embrace the hope. It's why the new and/or recreational player comes in and blindly takes the seat to your right."


Anyway, thought you might be interested on the perspective from the other side of the felt.

Edmond

Sick-n-go

“Awesome. I think he’s gonna die.”

After insisting to my wife and friends that the flu bug that’s savaged everyone I know would leave me untouched, I was immediately hammered by same. I’ll be honest, I felt it coming on and thought I could brush it off with Contac and cough drops, but after a lunch meeting at the Commerce in which all I remember was fighting to stay conscious, I dragged myself home and resigned myself to ridicule.

My wife would have been well within her rights to let me suffer, but instead she responded like Clara Barton possessed and spent the next 24 hours pelting me with Tylenol and antibiotics and serving up a foul round of cough medicine shots every four hours. Our living room looked like a Civil War field hospital and the cat had a strangely satisfied look on his face.

“In seat 9…providing the overlay…EdmondDantes”

Forty-eight hours later, I’m happy to report that her strategy worked and I’m feeling 100% better, just in time for a crazy session lakong and I have planned with the folks from Live at the Bike, now known as PokerNetcast. On Monday night, we’ll be hosting a $1K buy-in single table tournament with hole cams, video, commentators, the whole shebang. The current line up includes: Adanthar, nath, Shaniac, SirWatts, shaundeeb, Jose Canseco, Thayer. The flu knocked out two of the scheduled players, so we’re still scrambling a bit but I’m pretty sure we’ll round the table out. As a last resort, LakeofFire or I will fill in the final spot.

In a few weeks, we’ll be posting this dark comedy, access to the LATB archives and providing some videos with commentary which we'll segue into some new instructional content. It should be some interesting and entertaining viewing, and we’re pretty excited about it. In any event, I’ll post after the completion of the sit-n-go and let you know how it went.

Edmond

LA Poker Classic reminder

Just a reminder, the LA Poker Classic starts tomorrow (Thu, 1/24). I won't be playing the first events but will play a few the 2nd week and a couple of satellites for the final event. If anyone's in town or needs info, let me know!

For handy reference...

Guide to the LAPC

Schedule of events

Commerce tournament page

Edmond

Edmond saves the world

A few weeks ago, I posted on a heads up match I had with a spider in a rented car. I'm happy to report that I've returned the car in question to Enterprise and picked up my new rig, a Lexus RX400 hybrid. It's a little soccer mom-ish but it's quiet, surprisingly quick and doesn't beat the crap out of the planet. Plus the folks at Lexus gave me a stupid good price...

click to enlarge the image

click to enlarge the image

Hope everyone had a good holiday!

Edmond

You! Out of the car!

So I check my calendar late in the day and realize that I’m supposed to be at a concert/fundraiser at the Japanese consulate here in LA in a little over an hour. I contemplate blowing it off, but I know the host is expecting me so I resign myself to the gig. As it turns out, I didn’t have a suit on so I needed to jam home from my office, change and make it back across town, in traffic, by 6:30 or so.

Anyway, I make my way home, pull on a suit and head back out. Now my car came off lease a couple of weeks ago but I haven’t had a chance to find a new rig, so I’ve been rolling around in some rental car that Enterprise dropped off. Anyway, I’m moving along the 10 freeway and I flip down the visor to check my tie. Bam! A gigantic spider drops into my lap and scampers down my leg to the floor. Holy crap!

Ok, this was not some Little Miss Moffet spider…not some daddy long legs “I can run across the surface of water” whisper of a spider…no, in fact, this monster was just slightly smaller than a tarantula I once saw while hiking in Big Sur. Big brown body, furry legs…straight out of Raiders of the Lost Ark. I have no idea where he came from or how the damn visor even stayed in place with this beast on top of it, but in any event, he was now milling around the floorboards.

I grew up in Maine and am not a city boy—I’ve had plenty of critters in between me and where I’m headed—but when you go to check your look and a spider the size of a small dog drops in your lap in a dark car at 60 mph, it’s unsettling. It’s like having the Starbucks girl tell you your coffee is ready and tossing a live snake at you instead of your nonfat latte. WTF!

I’m in traffic in the fast lane, so I turn on the interior lights, work my way over to the shoulder, pull over and jump out. I look back in and hunt the beast down. Ok, there he is staring at me from the console like Kong on the Empire State Building. Whatever, dude, I’m tight for time—I sweep the shaggy bastard out of my car with the rental agreement, collect my wits and head on to the consulate.

Later at the consulate, I’m sitting at a table with one of the artists for the evening, the head of a local bank, a newspaper rep and, as it turns out, some hitter from Lexus of Southern California. After a couple of speeches, a brief series of performances by three young pianists (all cute Asian girls, btw) and some pretty amazing sushi (it was the Japanese consulate after all), I recount my rental car/spider story to my tablemates. The Lexus guy was like “Uh, call me tomorrow and we’ll hook you up.” Ok, you know what, maybe I will. Did I mention my wife’s car is off-lease in two months’ as well?

It’s all about table draw and seat selection, boys!
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