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Watching The Aftermath (of Party's Monster)

© COPYRIGHT 2006 ALL RIGHTS RESERVED



I have never been accused of being a rubber-necked driver when it comes to accidents, but I have been watching the aftermath of Party's new Monster promo over the past couple of days. I am interested to see how an additional $0.50 jackpot drop will impact player's decisions on whether to stay or leave a poker site. Since this promo runs for 11 months, I should end up with a strong indication.



A couple of polls have been started on 2+2 regarding this and the results were kind of interesting. The first poll was "Have you cashed out your balance at Party". So far 543 have answered:



Yes - 38%

No - 42%

No, but plan to do so soon - 20%



Interesting numbers. I figured that there would some players who would stick around just to see what impact this promo would have and the 20% does not surprise me. It also does not surprise me that 42% have not cashed out, either. Some players just cannot leave the Party nipple, so to speak.



The second poll was "If you are leaving Party, what site are you moving to?" This poll had 189 respondents with the results being: Stars 28%, World Poker Exchange 20%, Full Tilt 10%, Ultimate Bet 6%, Paradise 5%, Poker Room 5%, Hollywood Poker 3%, Doyle's Room 3%, Bodog 3% and Other Site 17%.



I found that Stars being the number one choice site of departure was interesting. There's no under the table rakeback available there (unlike Party), but their VIP program's benefits can be quite good if you play a ton and reach their highest VIP tier (Supernova). Most of the sites listed to have some type of rakeback available, except Paradise. That 5% surprised me a bit. However, their rake structure is generally the second best around, so maybe that was part of the lure for those folks.



Overall, a couple hundred players or so leaving Party really should not put much of a dent in their bottom line, even though those players are likely heavy multi-tabling players. And just a quick look this morning showed me that almost every table in action from $2/4 LHE and up was a "Monster" table. Apparently the player base is making its vote, "Yes, we like the promo and don't mind the extra $0.50 drop per raked pot".



I guess most poker players online (or at least at Party) are true gamblers. It will be interesting to see how this unfolds...

Read The Full Article:
http://countingmyouts.blogspot.com/2006/07/watching-aftermath-of-partys-monster.h
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Tiltopolis

I'm in trouble, folks. Last night, I lost $100 on one hand, the first hand I played for the night. Tiltopolis, population: me.



Things have been rough behind the scenes lately. I've had a covert issue with someone close to me (not wifey Kim) and its been effecting my state of mind. Last night, I could barely eat dinner as I mentally stewed the situation over. I returned home and decided not to play so that I can avoid tilting away the dough. Time passed, I spoke to my little brother, who put things into perspective, and I thought I was through it. I decided to play a little, but only a little. I fire up Poker.com and enter a .50/1 NL room. The first hand, I'm given K2 in late position (posting the blind). The flop was KJ2, and I bet the pot ($5, 5 limpers). I got two callers. The turn was a Ten, and it was checked to me. I bet $15. One player called, and the other re-raised $39. I thought I was behind, but decided not to be paranoid. I called. The player in first position folded. The river was a blank. My opponent put me all-in and I called. He had turned the straight.



I knew it too. Bottom-line, I fucked myself. I was too anxious to play and I couldn't let the reality of the situation sink in.



Poker is an amazing game because at times it directly correlates with you mood. Feeling good? Win some money, why don't you. Feeling like crap? Donate it to the table. In this way, it is a lot like alcohol or drugs. It's almost an amplifier of your emotions, because when after that hand, what was an undercurrent of unrest became a tidal wave of misery. Not only could I mull over the situation outside of poker, but I could now berate myself for throwing away $100 when I knew better.



This morning, I tried to leave it all behind. I knew what I did. I have a live game tonight hosted by the ladies at I Had Outs. It's a $30 Re...re...re...rebuy. There I said it. I'm going to be budgeted, and my attitude/mood has already turned a corner. So, wish me luck. Tonight we see if my live game has degenerated as bad as my online game. If it has, I might just need an intervention.

Read The Full Article:
http://highonpoker.blogspot.com/2006/07/tiltopolis.html


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Travel hell

See what can happen to you if you try to be smart and keep your money together: Last monday morning, 4 AM, just busted out of the 350 seats guaranteed at pokerstars. I finally look at Condor airline (subsidary of...

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http://50outs.blogs.com/poker/2006/07/travel_hell.html


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Whee

Bought a house yesterday. Off to New Mexico on vacation until August 2nd. Don't burn the house down and may all you kids lucky enough to be at the Main Event win many, many chips.

Read The Full Article:
http://suckout.blogspot.com/2006/07/whee.html


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2006 WSOP Media Day+World Series of Poker Main
Event Starts Today

Check out the Poker Prof's 2006 World Series of Poker Blog sponsor, Paradise Poker. The world's first online poker room and still you're best bet, Paradise Poker. photo by FlipChip/LasVegasVegas.com World Series of Poker Trade Show booth for Paradise Poker,...

Read The Full Article:
http://www.lasvegasvegas.com/pokerblog/archives/002914.php


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