tag:blogger.com,1999:blog-7938736.post112904175476638772..comments2023-10-28T08:01:40.730-07:00Comments on Sound of a Suckout: 24 Hour Party PeopleScurvyDoghttp://www.blogger.com/profile/12475986616947247959noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-7938736.post-1142321848814499412006-03-13T23:37:00.000-08:002006-03-13T23:37:00.000-08:00This comment has been removed by a blog administrator.masterphttps://www.blogger.com/profile/16494980707570759242noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1142321629029144282006-03-13T23:33:00.000-08:002006-03-13T23:33:00.000-08:00This comment has been removed by a blog administrator.masterphttps://www.blogger.com/profile/16494980707570759242noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129091658848583702005-10-11T21:34:00.000-07:002005-10-11T21:34:00.000-07:00Nice post.Nice post.StudioGlyphichttps://www.blogger.com/profile/07167580232191312672noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129056972126297092005-10-11T11:56:00.000-07:002005-10-11T11:56:00.000-07:00ToddCommish,I pretty much agree, as far as a publi...ToddCommish,<BR/><BR/>I pretty much agree, as far as a public company's responsibility lying largely with its shareholders, but I also see Bill's point. Companies (public or private) that continuously screw over their customers and partners are walking a dangerous line, and can negatively impact shareholder value by doing so, even if the ostensible reason is to make more money.<BR/><BR/>There are also plenty of examples of companies that dominated an industry, with a captive audience, that eventually went bankrupt. You can't project their current success forward indefinitely, or use their past success as a justification for what's viewed by many as shitty current behavior.<BR/><BR/>That said, I definitely hear you. They'll continue to make lots of money, lots of players will continue to play there, and the current changes won't affect their short-term results in any discernable way. If anything, like you say, total deposited funds and rake money/hour are likely higher now than last week. <BR/><BR/>My main point was to be sure to cover your ass when you deal with them, whether you're a shareholder, player, or affiliate.ScurvyDoghttps://www.blogger.com/profile/12475986616947247959noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129056196847869662005-10-11T11:43:00.000-07:002005-10-11T11:43:00.000-07:00Todd,Gotta disagree again. They are the biggest ...Todd,<BR/><BR/>Gotta disagree again. They are the biggest but Paradise was the biggest at one time too. As noted by Scurvy, Party built its critical mass mostly off of aggressive affiliate deals. <BR/><BR/>They will continue to be a major player but by screwing everybody and everything around them they really open themselves up to competition. Many affiliates refuse to do business with them over what happend the first go around with rakeback. Many more skin affiliates won't touch them with a ten foot pole after getting screwed this weekend. <BR/><BR/>And, I do take some issue with your comments about most advertising. Almost every final table televised at the WSOP has FullTilt pros wearing their logo. FoxSports is airing Learn From the Pros with Howard Lederer (Team Full Tilt), Phil Ivey (Team Full Tilt), Chris Jesus Ferguson (Team Full Tilt), Jen Harman (Team Full Tilt), and Layne Flack (Full Tilt Player). <BR/><BR/>Party is in the lead at the moment but other sites aren't far behind and making a few major blunders (i.e. like this one) could open the door for other sites to draw the fish/donkey crowd (and thus the grinders). <BR/><BR/>Interesting that you use Microsoft in your analogy since they only became who they are today by besting IBM who was the 800 lb gorilla of its day. No company is safe from being a victim of its own stupidity.Billhttps://www.blogger.com/profile/07237073920107693787noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129055012773501082005-10-11T11:23:00.000-07:002005-10-11T11:23:00.000-07:00Yeah, but my point is that as long as they provide...Yeah, but my point is that as long as they provide a large pool of fish (or a large stable of donkeys, depending on your metaphor of choice), the vast plurality of poker players will continue to patronize Party Poker. They have the most media advertising, as well as the most name recognition, so they will continue to be the Microsoft of the online poker world, which in turn allows them to be the Microsoft of online service as well.Toddhttps://www.blogger.com/profile/16071844063721894753noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129053516511809562005-10-11T10:58:00.000-07:002005-10-11T10:58:00.000-07:00Great, greaty post Scurvy. ToddCommish, I think y...Great, greaty post Scurvy. <BR/><BR/>ToddCommish, I think you might be missing the point. They screw everybody. Skins, affiliates, players, etc. Part of their duty to shareholders is not to f*ck so many people that nobody will do business with them.Billhttps://www.blogger.com/profile/07237073920107693787noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129048439082778792005-10-11T09:33:00.000-07:002005-10-11T09:33:00.000-07:00Hey, is it merely coincidence that your comments c...Hey, is it merely coincidence that your comments come from the FFL? <BR/><BR/>Anyway, on a more cynical note...<BR/><BR/>If you thought Party "cared" about you more than your money, um, you're desperately naive. These are gambling sites, not charities. Their loyalty should be to their shareholders and investors, not to some degenerate gamblers. If it is more profitable long-term to cultivate thousands of fish than it is to satisfy hundreds of loyalists, then dammit, screw customer service. <BR/><BR/>And it's no different for the players. How many players will now abandon Party because of their blatant disregard for customer convenience and affiliate loyalty? Ummm, none. In fact, I would bet that their deposits just went up by the same amount that the affiliate acocunts went down.Toddhttps://www.blogger.com/profile/16071844063721894753noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129047192795867552005-10-11T09:13:00.000-07:002005-10-11T09:13:00.000-07:00Woulda thought that you would have killed so many ...Woulda thought that you would have killed so many brain cells in Vegas that a post like this wasn't possible. Great job!jremotiguehttps://www.blogger.com/profile/00106436276361164877noreply@blogger.comtag:blogger.com,1999:blog-7938736.post-1129044396967942722005-10-11T08:26:00.000-07:002005-10-11T08:26:00.000-07:00Great writeup Scurvy.I'll be in the boat of those ...Great writeup Scurvy.<BR/><BR/>I'll be in the boat of those who reactivate a Party account for rakeback once this situation resolves itself.Performifyhttps://www.blogger.com/profile/13854398727275969150noreply@blogger.com