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Poker Discussion
General Poker
WSOP increasing main event buy in
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[QUOTE="Merlin333, post: 723059, member: 32004"] [b]Puzzling? Higher buy in?[/b] I don't think it is primarily the "average joe" who pays the 10K buy-in. It would be a business error to raise the price so high that only a certain, smaller group of people willing to pay an ever-increasing buy-in. My guess is that there are proportionally as many poor players among those whose main qualification is being able to afford the buy-in. A major reason for poker's popularity is the "MoneyMaker" effect which in is the attraction caused by [I]"hey he did it so can I"[/I]. I was a writer in television (NBC) am a marketing director for a company now and have many marketing friends. I recall a conversation regarding a study assessing whether the celebrity influx was a good thing and at what level it would cease to be a draw for viewership. I personally find the shows populated by "celebrity" players less interesting. I'm puzzled by the fact that some elements of the poker community are so vocal in their advocating segmented participation. For example there is always talk of "FRW's" even when these tournaments are seldom full, complaints about bad play when getting to the 2nd or 3rd break usually takes care of that, a call for restricting admission to tournaments at the outset of the "poker craze" some pros said the influx of so many amateurs and tournament size was a problem (this from the people making money from books that preach "a winning player adjusts to the game"). Recently I've heard statements from many pros that the influx of new talent is actually good and there are many good players among them (I don't think reasonably, anyone could expect them all to be Alan Cunningham's). Now there is a movement to place prestige on the higher buy-in HORSE tournament - what next a pro-pinochle tournament? What I'm saying is that my opinion is that it would not be good for poker to create barriers that have the effect of reducing participation. I think financial considerations of the organizers will not allow it to happen. I am not privy to the information, but I guarantee the operating plans poker tournaments and TV shows are organized by have a prominent chart that shows the optimal ROI on revenue, buy-in, touney size and several other key factors - $10,000 was not a number pulled from of a hat. [I]Merlin333[/I] :cool: [/QUOTE]
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