purse speculation
I'm going to indulge in a little speculation here, based on what I have seen and heard.
The folks started off advertising a fairly modest purse for Galveston. Nice but not huge, well within the believable range. Then as entries and other commitments came in they have raised the purse several times. They have also been very busy with negotiations for other streams of income, at least some of which have been reported to be successful. Judging by the increase in purse it seems quite possible that some of these additional monies are being added to the purse.
I don't know these things but I find the million dollar purse that has developed over time more credible than if they had offered a million dollar purse on day one. My largest concern at this point is that they may be speaking based on commitments of others that don't follow through on their commitments. However the Galveston people do seem to have fairly deep pockets.
My predictions are for a quality event and the players getting paid. I also think the promoters will learn from this event and of course all players will have more confidence in the promoters after their first event. Pool players have had their toes singed enough times that we can't help being a wee bit cautious when a new group shows up offering a huge event.
Hu
I'm going to indulge in a little speculation here, based on what I have seen and heard.
The folks started off advertising a fairly modest purse for Galveston. Nice but not huge, well within the believable range. Then as entries and other commitments came in they have raised the purse several times. They have also been very busy with negotiations for other streams of income, at least some of which have been reported to be successful. Judging by the increase in purse it seems quite possible that some of these additional monies are being added to the purse.
I don't know these things but I find the million dollar purse that has developed over time more credible than if they had offered a million dollar purse on day one. My largest concern at this point is that they may be speaking based on commitments of others that don't follow through on their commitments. However the Galveston people do seem to have fairly deep pockets.
My predictions are for a quality event and the players getting paid. I also think the promoters will learn from this event and of course all players will have more confidence in the promoters after their first event. Pool players have had their toes singed enough times that we can't help being a wee bit cautious when a new group shows up offering a huge event.
Hu