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You can look at EVERY SINGLE guaranteed tournament, and there is an overlay ! There is not a single tournament on which they make money ! How the hell do they manage to stay up and running ???
Am I missing something ?
Do they have any affiliated "companies" which make enough money to cover their losses ?
WTH ???
might stay in business because they have a sportsbook and casino if you play on the casino you are going to lose in the long run
Plus they take the money that is deposited and invest it to make more money
i think carbon and almost all the sites try be a pokerstars in a long run but 90% die trying.hope before they forclose i get a cashout.
All poker sites dont necessarily lose money if the tourney does not meet the guarantee
21500 GTD Needs with a $200 buyin only needs 100 Entrants to make the guarantee. But in theory the site doesn't need to hit the guarantee. There is $15 in dead money going directly to the site every time. Just like with every tourney there is rake. Also most online poker sites make way more with rake than they do with tourneys
Cash tables + SNGs + your deposited money is "invested" + Casino + Sportsbook + advertising + MTTs hitting Guaranteeds + other things.
with idiots that keep coming back to play...that site is worst place to play.........they advertise 3 million in prizes that should tell u everything....lmao
i really really hope they keep surviving... same with bcp / acm!!
1st place is normally a company person winning it anyways so they do good.
I am sure they are making money. They have been around for a while and would have folded already if they could not survive.
They actually hit most of there guarantees so I have no idea where you are getting that from?
^^^ thisQuote:
Originally Posted by credsfan03
late reg/re entry means that 9/10 the GTD are hit including the maximus games
also they make a fair ton on rake
and there cashout times from what i gather atm are not exactly bad
merge is a big company and it makes money
I love carbon poker because all of the freerolls, It's a good way to start a bankroll and become a pro
I agree with tournaments not bringing in nearly as much profit as they do with rake from rings games. they are making plenty of money trust me.
This mist be one of the most stupidest statemwnts onthis thread.Quote:
Originally Posted by JClem132
1 it has nothing to do with the op
2 how the fk do you figire playing freerolls will make you a pro?
Stupid kid trying to earn a lousy 5 points its all it is.
As for carbon not rraching theyre guaranteeds they do most of the time,specially in maximus with those long as lr times and the worst part is they have re entry.
I played last night the 30k for 22bi and after 2 1/2 hours i got ko with 13k chips and the buy in gave you 5k starung chips,so its not that much of an advantage to star early
Very little overhead also - big advantage over brick-and-mortar casinos
I suspect their cash cow is the rake on cash games, more than the tourney fees
I've said it before and ill say again i hate Carbon. Especially the customer service
They make money by the sportsbook. that's their number one cash cow.
if you play on the casino you are going to lose in the long run.They have been around for a while and would have folded already if they could not survive!!
lol you think the overlay effects their profits. That's just retarded
Make the switch to Bovada, best decision I ever made.
I know carbon is pretty dumb sometimes but come on they are not crooks if so why play there?
not sure. i hope they keep surviving though, i need a place to play badugi
i think the big wins go to an inside job - so the rest is profit
i would LOVE to see any proof you have of this theory, not to mention the fact that the intelligent people in the room have already discussed that the overlays really dont affect the profit marginQuote:
Originally Posted by royalpat
It doesn't matter to me if they go busted or not... the joke about Carbon Poker is it doesn't matter what players like me win or how large of a balance they grow in their account... why? because they keep all the money... I can't cash out and neither can anyone else in the US... which prolly makes up most of their players.... they know it's illegal to collect money from them.... and they don't pay you.... tell me the truth.... is there anyone you know in the entire United States that has ever cashed out a single dollar from them in the past 5 years? I just consider playing online... practice
royal pat.... you are dead on right.... play any of their $5K plus tourneys and watch yourself get flopped a great full house or ace high flush... then watch a 1 in a million bad beat just happen to occur to you... like beaten by quads or a straight flush... then of course if you beat the cheating... try cashing out.... lol... consider it practice and stay in the micro games to not have such obvious bullshit happen
explain why jason.... where do you live? Can you actually cash out from Bovada? I have cash in accounts in 4 online sites... I can't even access two of them anymore, muchless ever cash out a penny... I live in Louisiana, USA...
This is so full of win. I laughed, I cried, I kissed 45 seconds of my life goodbye. You, sir, are the reason many of us get checks. Thank you...thank you very much. Practice makes perfect, lol.Quote:
Originally Posted by TomKat1958