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rake + costs

Posted By: Chiva Tafazzoli
Date: Tuesday, 14 August 2012, at 7:40 a.m.

In Response To: Playboy Million Dollar Backgammon Tournament Cancelled (Colin Owen)

7% of assumed 1.92m USD might appear as a lot at first sight. But....

While your costs are fix, your income never is, as you never know before-hand how many participants you will have. What you have to do in any case and thatīs costly, is to prepare an event, to advertise it, to have the equipment, the venue, the staff, the TV crew, etc. etc. lined up and pay for it.

I am sure that Stephenīs even was planned to be top notch with nothing but the best when it comes to equipment and especially mediatization and that is VERY costly.

On top, I doubt anyone would be willing to put up this kind of event and work related for it for free ! There has to be some financial reward for the countless hours of work.

People constantly bitching about rakes should simply roll up their sleeves and offer tournaments to the community with a lower rake. Letīs see how much theyīll love the ROI of their work....

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