R
rachelle2291
Legend
Platinum Level
Satellites to the events were running throughout the day both MTT and sit and gos. These were all raked. I crunched some numbers where I compared what the pokerstars profit would be in a tourney where hypothetically all players did direct entry with the same tourney where hypothetically all players entries were via satellite. I just used single satellite when I number crunched although there were also satellites to satellites--gets quite complicated. What I found is that the more people that enter via satellites as opposed to direct entry the better pokerstars would do.
Now I have to come up with an estimate of the percentage of the total value of entry fees for all the blowout tourneys that came from satellite entries and how much came from direct entry. I really do not have a clue but I have to pick a number. In a lot of the tourneys there were a lot of reentries and most of these would not be from satellite tickets. I decided to use 40 percent as the revenue from satellite and 60 percent from direct entry.
With this assumption and my number crunching I came up with the factor 1.45. Thus the profit to pokerstars before consideration of ticket giveaways is:
5419521.10 x 1.45= 7858305.60
Now I have to come up with an estimate of the percentage of the total value of entry fees for all the blowout tourneys that came from satellite entries and how much came from direct entry. I really do not have a clue but I have to pick a number. In a lot of the tourneys there were a lot of reentries and most of these would not be from satellite tickets. I decided to use 40 percent as the revenue from satellite and 60 percent from direct entry.
With this assumption and my number crunching I came up with the factor 1.45. Thus the profit to pokerstars before consideration of ticket giveaways is:
5419521.10 x 1.45= 7858305.60