How thick do they think poker players are?
Grosvenors - first to introduce registration fees
Grosvenors- first to introduce entry fees
Grosvenors- first to combine the two (agreed was very closely followed by Gala)
But wait for this gem, Grosvenors are now trialing No registration fee, but an entry fee and 10% raking of total prizepool. Laugh my fucking arse off, because players will still play these comps, but let me give you an example of figures. It looks completely innocent as it is being trialled on freezeouts (for the moment) But Walsall have now got rid of their once Flagship competition the £300 monthly freezeout, and replaced it with a £200 Freezeout. No big deal I here you say, well the £200 is the first comp that introduces this 10% off the prizepool. Lets take 100 runners for simplicity.
With reg 10% fee
£200+£20 = £2000 entry fees and a £20,000 prizepool
With 10% Off prizepool
£200 = £2000 rake and an £18,000 prizepool
On paper looks like no difference, no effect to the pocket etc and can be advertised as no reg fee woo hoo!
But lets take a closer look, effectively you are paying £180 + £20 which is now an 11.11% registration fee making them an extra £200 per comp, but obviously, you as the player wont question this as you wont be paying any registration fee?????????????? WTF ???????????????
So lets step it up one more level, AFAIK it wont happen just yet but please wait as it will happen 10% OFF the prizepool of a rebuy comp
same scenario but a £20 rebuy with 100 players
£20 + £2 x 100 = £2200 before the rebuys start …….so £200 for the club
New way
£20 = £1800 prize pool £200 before rebuys start ……still £200 for the club
Lets add 3 rebuys per person
£80 a head + £2 reg fee would be your total spend = £82 prize pool £8000 …….old way
Or New way
£80 a head No reg fee total spend = £80 prize pool £7200 casino makes £800 (£600 extra!!)
FFS Guys and Girls don’t fall for it this time, vote with your feet!!
This is daylight robbery!! Even Dick Turpin wore a mask.
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[...] charge is set to take place, some of you may have read the article that was written on here http://www.ukpokerinfo.co.uk/how-thick-do-they-think-poker-players-are-100/ If you remember the charge deducted from the prize pool was 10% but this was for a freezeout, the [...]