How Much do you Have on Deposit at Your Site(s)? |
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Posted Fri Oct 06, 2006 11:39 am GMT by lwestatbus
There have been a few recent discussions on the income online poker sites make from play and the impact that could have on ensuring fair play and also on the recent gambling enforcement act and its potential impact on deposits at sites.
It occurred to me, though, that I haven't seen any discussion on how much money these sites have on deposit. This is a huge revenue source for them and possibly one that is massively overlooked. If 10,000 players deposit $100 each at a site the site is now sitting on $1 million. Just like a pension fund or bank, they have the ability to invest this money (hopefully in conservative investments) and make more money over and above the rake that belongs to them. Even if I lose money in a game the money stays on the site, just in a different account. The site's overall balance doesn't change unless someone withdraws funds.
So, how much money do you have on all online poker sites on which you play? Just respond to the poll once with the total amount you have across all sites.
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Posted Fri Oct 06, 2006 2:01 pm GMT by supafrey
This is how Neteller and Firepay make money, too.
You need higher brackets for your poll, too.
Posted Fri Oct 06, 2006 2:03 pm GMT by shorn7
Welcome back supa! Missed ya!
Posted Fri Oct 06, 2006 2:10 pm GMT by lwestatbus
| supa wrote: |
You need higher brackets for your poll, too. |
OK. I added a new higher bracket poll:
http://www.texasholdem-poker.com/forum/t19605/supas-on-deposit-poll#157917
Posted Fri Oct 06, 2006 3:15 pm GMT by General Sal
My answer wouda been different had you asked a few days ago... i'm thinking about redepositing though... i'm tossed up at full tilt or stars
Posted Fri Oct 06, 2006 6:52 pm GMT by ComedyBee
Full Tilt, that's where i play!
Posted Sat Oct 07, 2006 12:08 am GMT by groton
im under 50
a Penny on PS right now lol
Posted Sat Oct 07, 2006 3:36 am GMT by Geno
| General Sal wrote: | | My answer wouda been different had you asked a few days ago... i'm thinking about redepositing though... i'm tossed up at full tilt or stars |
Stars all the way, although I'm currently at Pacific and loving the level of play there. I guess that is not an option though...........
Posted Sat Oct 07, 2006 8:36 am GMT by MasterShake
~$260 on Royal Vegas
EXACTLY $.03 on UB. :D
Posted Sat Oct 07, 2006 10:10 am GMT by raisebot
over 5k at absolute right now, and $1.00 on titan
im withdrawing my entire absolute account in 1 day
^look how much $$ & how few points lol
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