@cmcdonnell 231955 wrote:
All of these poker companies that are paying their managers and executives large salaries, operating out of lavish offices, spending millions on marketing and advertisement, etc, are all likely operating under a flawed business model.
The poker business model makes more sense the casino business model.
With poker, if your room is raking 1mill a month, you know exactly what your gross earnings are, affiliate payments, fees etc.
With Casinos it doesnt work that way, you can be a room who has pulled in 500k in deposits, but if you have a run of winners who – you’re losing money, how much you dont know, even though you pulled in 500K a month in deposits.
The next month, that 500K in deposits might not have many winners, and you could be sitting in a better position.