IMO, in the crypto community, the best way to run a poker site is freeroll. And it needs lots of time to be a big poker house, maybe half a year or longer.
Why? As I said, if a poker site is only attracting freerollers, they will never make any money. For a site to survive, let alone thrive, they need to attract real money players who are willing to deposit and spend time playing games that the site can rake. If the site is, at best, raking their own money back they will shutter in months. It's happened time after time after time.
When a site is only catering to freerollers, what do you think happens when people who are willing to deposit come in and take a look around? They see the bad software (which 95% of the users don't care about because they are playing for fun), they see nobody playing for anything other than freeroll stakes, and they leave. There isn't even an incentive for them to stick around and try to game start because all of the marketing capital is spent running freerolls.
Exactly my point, Freerolls can be really profitable for the players for they don't have anything to lose but if a Site has only players who are interested in playing Freerolls than sooner or later it will go bankrupt. Which is why I said that a site should only allow freerolls to players who are active and participate in ring games too.
And Poker sites especially don't have that much profit margin like dice or other gambling sites do because players are not playing against the site but with each other.
thank you all for all your inputs.
i have nothing against freeloaders but, as a poker player i hate to see websites getting shut down just because there are no cash game players. we all need to take into consideration that the website needs to make some profit otherwise it will just shut down, sooner or later.
Yup, A poker site can't only survive on freeloaders, they need genuine players who are interested in playing poker and are not their just to get the freebies.
not all poker players are freeloaders for freerolls, most might be a freeloader but not all, and also the freerolls can be considered as an advertising to try out a site, higher prize pool will attract a lot more players for the free rolls, this can actually be countered by making minimum wagering before entering a free rolls tournament