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Guarantees - today & tomorrow.

Tikay10Tikay10 Member, Administrator, Moderator Posts: 173,156
edited November 2012 in Poker Chat

Good morning.

As it is Champions League week, which significantly affects Online Poker traffic levels, the Guarantees have been reduced on a couple of Tournaments, as follows;

Tonight & Tomorrow;

The 9pm £55 Bounty Hunter will have it's usual £5,000 Guarantee reduced to £4,000.

Tomorrow;

Wednesday's Doublestack Main Event will have its Guarantee reduced to £5,000, from the usual £6,000.
 
These changes are intended to be for this week only, & all things being equal, it is currently intended to restore them to their normal levels next week.
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Comments

  • JSTFLIPPINJSTFLIPPIN Member Posts: 255
    edited November 2012
    Amount of rake this site makes surely could afford to potentially lose £2k? money money moneyyyyyyy
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  • scouse_redscouse_red Member Posts: 5,968
    edited November 2012
    In Response to Re: Guarantees - today & tomorrow.:
    Amount of rake this site makes surely could afford to potentially lose £2k? money money moneyyyyyyy
    Posted by JSTFLIPPIN
    and just why would ANY business want to lose money
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  • macapacamacapaca Member Posts: 658
    edited November 2012
    In Response to Re: Guarantees - today & tomorrow.:
    In Response to Re: Guarantees - today & tomorrow. : and just why would ANY business want to lose money
    Posted by scouse_red
    What's the point in changing  the guarantee all the time?
    If sky are scared of overlay they should not put a guarantee on the tourneys  IMO 
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  • JSTFLIPPINJSTFLIPPIN Member Posts: 255
    edited November 2012
    In Response to Re: Guarantees - today & tomorrow.:
    In Response to Re: Guarantees - today & tomorrow. : What's the point in changing  the guarantee all the time? If sky are scared of overlay they should not put a guarantee on the tourneys  IMO 
    Posted by macapaca
    +1

    proves that sky are losing traffic/never had it anyway to have guarantees.
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  • jams88jams88 Member Posts: 694
    edited November 2012
    In Response to Re: Guarantees - today & tomorrow.:
    In Response to Re: Guarantees - today & tomorrow. : What's the point in changing  the guarantee all the time? If sky are scared of overlay they should not put a guarantee on the tourneys  IMO 
    Posted by macapaca
    GTD tournys atttract more recreational players. Changing the amount depending on what traffic they expect makes perfect sense.
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  • FCHDFCHD Member Posts: 3,178
    edited November 2012
    Doesn't look like the numbers were affected too bady, does it? The Bounty Hunter where the guarantee was reduced from £5000 to £4000 made very nearly £6000
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  • Sky_DaveSky_Dave Member Posts: 3,288
    edited November 2012
    In Response to Re: Guarantees - today & tomorrow.:
    In Response to Re: Guarantees - today & tomorrow. : +1 proves that sky are losing traffic/never had it anyway to have guarantees.
    Posted by JSTFLIPPIN

    This one is with my Personal View hat on. I don't influence what the GTD amounts are on any events, so this is just my take on things.

    The logic is pretty simple: Sky Poker believed that the Champions League schedule would impact the number of people choosing to play the Main. Therefore it didn't want to give away £2,000 over two nights. To draw an analogy, it would like a pub putting on a buffet for their normal crowd of people even though they suspect they'd only see 80% of them arrive that particular night. Again, that 80% is just an example and not a direct correlation on how Sky Poker might have been thinking about their own business.

    Being wasteful with money here could potentially mean it being saved elsewhere - promotions, tv content, freerolls, marketing budget etc. Not ideal either, right? The fact that the prizepool was ~£6,000 means it doesn't matter too much if the GTD was £4000 or £5000. The only difference was Sky Poker was able to reduce liabilities on a day it thought they would be higher.

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