Can you translated this for me? I'm trying to figure out just what you are trying to say?
Quality life of professional players
- Thread starter Slh
- Start date
Can you translated this for me? I'm trying to figure out just what you are trying to say?
IPT -> goes bust after 3 years
{
IPT imitator 1, IPT imitator 2, IPT imitator 3, IPT imitator 4
}
imitator 1 focuses on prize money
imitator 2 focuses on match ups or "world class battles"
imitator 3 focuses on a balance of prize money and matchups
imitator 4 promotes a single player
Each specialize in a component of the IPT blueprint. A bust means imitator sees how easy the scam is and decides to try it out.
Indeed, money managers by and large do a poor job assisting folks to prepare for their future. Just look at the investment products that they peddle. They are designed to siphon wealth from the client to their account. If you doubt me, just ask any random commission based advisor for a detailed list of their fees and commissions then compute what that will cost you PER YEAR. Then ask them how they intend on delivering alpha to your investment returns. They will not be able to answer. In fact, I doubt that most "advisors" even know what alpha is. I know that this is loosely related to the topic, but those who serve Mammon make me ill...
Concerning top players winnings, even adding sponsorship, besides expenses you have to take out taxes as well...
So what does that leave a world champion as a clear profit over a year? 50k?
Are we joking?
With no health insurance in it and no pension, nothing for a secure seniorship?
In a game played by millions?
In a game when a champion reaches the top of the world?..
Things can be a lot better than that, we should never stop believing in it, it just needs different mentality, a forward approach by sponsors..
Just form a premier league like in Snooker and promote it, take it from there!
Hire Snooker people to organize it if you can't!
But as I wrote already, some people that organize Pool will always want to keep it small so they can control it. It's so easy to suck up the blood of sucker players with so light work they do and still make a good living out of it.
The suckers (all of us, champions as well) deticate and give so much for the art of Pool we literally love and get almost nothing in return.. Except personal emotional satisfaction..
Young kids see that after a while, so why should they play Pool especially when there are so many things to do nowdays?
"Definition of missed opportunity" - the story of Pool...
So what does that leave a world champion as a clear profit over a year? 50k?
Are we joking?
With no health insurance in it and no pension, nothing for a secure seniorship?
In a game played by millions?
In a game when a champion reaches the top of the world?..
Things can be a lot better than that, we should never stop believing in it, it just needs different mentality, a forward approach by sponsors..
Just form a premier league like in Snooker and promote it, take it from there!
Hire Snooker people to organize it if you can't!
But as I wrote already, some people that organize Pool will always want to keep it small so they can control it. It's so easy to suck up the blood of sucker players with so light work they do and still make a good living out of it.
The suckers (all of us, champions as well) deticate and give so much for the art of Pool we literally love and get almost nothing in return.. Except personal emotional satisfaction..
Young kids see that after a while, so why should they play Pool especially when there are so many things to do nowdays?
"Definition of missed opportunity" - the story of Pool...
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The terms I hear from advisors are its a "six sigma investment, see that one olive in the drink well they don't need it we can save money that way,..., we are going to cut the fat from your portfolio and keep the muscle, we just want your account to stand on its own two feet so you don't have to do anything." Mostly peddling you to stay away from self-managing the finances while increasing the demand for advisor services.
Should you want to be in control ask for the paperwork and balance sheets no explanation until after the reading is done. Otherwise they will have an epic tale to tell that can put Homer to shame (I've been reading French, hunchback of Notre Dame).
TAP TAP TAP! The Bogleheads and Jack Bogle have helped more than a few achieve a successful (and often early) retirement.
Seems like what it really comes down to is you are very unlikely to find a pro pool player flyinng in first class.
Why is it so difficult for everyone to understand that for the huge majority, playing pool is not a reasonable career. Enjoy it for what it is...a game! It's something to do after work to relax. If you're pretty good at it, it's an opportunity to go out and play in a tournament on the weekend, have some fun, and maybe even pick up a few bucks.
It is the rare exception that you will find someone who can actually support himself or herself (much less a family) just playing pool. That isn't necessarily a bad thing. It's just a fact that it is extremely difficult for most people to make a living playing a game. Accept it. Enjoy it for what it is.
Steve
Why is it so difficult for everyone to understand that for the huge majority, playing pool is not a reasonable career. Enjoy it for what it is...a game! It's something to do after work to relax. If you're pretty good at it, it's an opportunity to go out and play in a tournament on the weekend, have some fun, and maybe even pick up a few bucks.
It is the rare exception that you will find someone who can actually support himself or herself (much less a family) just playing pool. That isn't necessarily a bad thing. It's just a fact that it is extremely difficult for most people to make a living playing a game. Accept it. Enjoy it for what it is.
Steve
Actually the IPT was an imitator of what we were doing. After the tour imploded they tried to start doing one on one matches with the thought that it would be much less expensive and they could still get suckers to give up their CC info to the website. Only thing was it wasn't real, they had a budget that was unrealistic and the game that was being played was kind of silly. Plus it was the IPT.
It really is amazing how one person can know so little and post so much.
What do they say?- there are 3 types of people
1 Those that know what they know.
2 Those that know what they dont know
3 Those that don't know what they dont know. (sound like someone?)
What sadly amazes me in some posts is the lack of respect for Pool for what it is.. In a place where Pool is supposed to be fully respected..
Where has the awareness of really appreciating someone reaching the world title in pocket billiards gone?
"Fun game" is the only aspect of Pool when there are people practicing in freaking details every aspect of it for countless hours?
I wonder again if some people here do not advise young kids to ever think Pool as a career then why do THEY make profit of it?..
Oh I forgot: Players are to blame.. after spending so much in Pool and working so hard just to play better..
Where has the awareness of really appreciating someone reaching the world title in pocket billiards gone?
"Fun game" is the only aspect of Pool when there are people practicing in freaking details every aspect of it for countless hours?
I wonder again if some people here do not advise young kids to ever think Pool as a career then why do THEY make profit of it?..
Oh I forgot: Players are to blame.. after spending so much in Pool and working so hard just to play better..
From the looks of it without going into great detail a promoter can set up shop with a camera and pool table and handle sales while some well-trained talent gets muled, traveled around, for new productions in new areas. Alternatively is the pool tournament which has its own history of problems, I wish there were more records or articles of what happen in the past. Either case the people with the talent are letting people with cameras of advertising budgets scheme off of their talents, like most other production industries. I won't speculate too much about pool rooms but on average.
The point I am raising is talent versus marketing argument. Having talent draws a crowd but selling a product has greater potential for stealing money.
I think most of us here do appreciate and respect the game of pool, and respect those who have developed the skill to play at the highest levels. However, and this is a big one, we are a very small group. So while we know from personal experience how much skill and work it takes to win a US Open or the Derby, very few people outside of our circle have a clue, or even care.
The guy who takes his date to the pool room Friday night, the couple who play league every Monday night, the Lawyer with the pooltable in his recreation room, most of them are probably not even aware that there are professional players, much less, who they are. Oh, a few of them might recognize Jeanette, but half of them probably don't know her name.
Serious players, like the kind who spend time on pool forums, are few and far between. To most of the world, pool is just a recreational game. We probably need to remind ourselves of that from time to time. Like it or not, we are not your "normal" pool players or fans.
Steve
Thanks for the post, interesting info
This wouldn't include things like Mosconi cup appearance money, exhibitions, sponsorship etc etc
You are right. All of the people who work to create events and generate added money or opportunities for a free roll should just stop exploiting the talent. The players would be much better off without events like the US Open 9 ball, The Seminole Tour, the Turning Stone events, TAR matches, Accu-Stats produced events, the US Open 10 Ball and US Bar Table Championships and Derby City Classic.
Then the players would be free to make the most money from their talent unencumbered by promoters or people out to promote them and their talent to the world.
What could go wrong ?
Yeah, it would include M-Cup $ but it would not account for the countless high-dollar exhibitions and the hefty sponsorship monies........
Did you bump your head? Don't know where you're from but they got GOOOOOOD weed!
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If this board gets any more cluttered I'd think I am in a major network sports VIP fan area.
So some promoter decided to pay 10K, 15K for a top talent to provide film footage for a straight to consumer sell. In the big times like NFL, NBA, NHL, Baseball there is a recruiting session, its not just a quick call saying hey I want you to do something for me, its more of a marriage, training facilities are provided, support staff are there to handle basic public relations they do travel on a bus together but they are on the road a lot more. All the expenses for a major network sports event is put into creating the atmosphere. Having the players prepped, having the tech equipment reliable and ensuring their are no production glitches. All production equipment is first class. A camera mount for a major network event is more expensive then the beds the top pros sleep on when on the road in the bus. The amount of cabling at a stadium for a major event is enough to outweigh the bus full of players and that is because everything is triplicated and then kept triplicate in stockpile. The idea that the production is first and the expenses are based heavily on making sure the production equipment is at the same level of competition as the players it films.
In the case of the new pool era production equipment is more of a patch up job. Where is the expense budget? It can't be found in equipment, doubtful its in advertising? its got me stumped.
What is wrong with the quality of life is that the business end at least the new business end doesn't have money. At least the kind of money to interest the best players, or to display top quality production equipment. It may interest less then the best or new players.
So the next best play is to hype up a new talent. But pool isn't like a full-contact sport. As the players age they just get better. The matches I've seen once an old pro knows he has beat a young buck he just strings him along.
Maybe for the older pros the part of the game that is new is seeing the new guys deal with old problems. For a retirement package getting a second chance at doing it over again seems worth it. Maybe they stick around maybe they don't. Either way somebody has to sell something to fans, usually something new and "different."
Also in major sports broadcasting the sell is for attendance or broadcasting rights, not DVD sales. The older pros have experience with it. But you know how new tech is everyone thinks they have a leg up on the competition.
The quality of life for players is declining because any consumer can go to a tech shop and pick up production equipment because of the falling costs of it. This means less top tier business people producing events and more bottom tier operators trying to piece together a production.
I do not underestimate camera work, it is a union job just like lighting. But seeing a low quality production in action turns heads. There is a difference between a hobby project and a professional business. But you know the story about knockoff street, it has the look and feel once its sold that is all that matters.
So some promoter decided to pay 10K, 15K for a top talent to provide film footage for a straight to consumer sell. In the big times like NFL, NBA, NHL, Baseball there is a recruiting session, its not just a quick call saying hey I want you to do something for me, its more of a marriage, training facilities are provided, support staff are there to handle basic public relations they do travel on a bus together but they are on the road a lot more. All the expenses for a major network sports event is put into creating the atmosphere. Having the players prepped, having the tech equipment reliable and ensuring their are no production glitches. All production equipment is first class. A camera mount for a major network event is more expensive then the beds the top pros sleep on when on the road in the bus. The amount of cabling at a stadium for a major event is enough to outweigh the bus full of players and that is because everything is triplicated and then kept triplicate in stockpile. The idea that the production is first and the expenses are based heavily on making sure the production equipment is at the same level of competition as the players it films.
In the case of the new pool era production equipment is more of a patch up job. Where is the expense budget? It can't be found in equipment, doubtful its in advertising? its got me stumped.
What is wrong with the quality of life is that the business end at least the new business end doesn't have money. At least the kind of money to interest the best players, or to display top quality production equipment. It may interest less then the best or new players.
So the next best play is to hype up a new talent. But pool isn't like a full-contact sport. As the players age they just get better. The matches I've seen once an old pro knows he has beat a young buck he just strings him along.
Maybe for the older pros the part of the game that is new is seeing the new guys deal with old problems. For a retirement package getting a second chance at doing it over again seems worth it. Maybe they stick around maybe they don't. Either way somebody has to sell something to fans, usually something new and "different."
Also in major sports broadcasting the sell is for attendance or broadcasting rights, not DVD sales. The older pros have experience with it. But you know how new tech is everyone thinks they have a leg up on the competition.
The quality of life for players is declining because any consumer can go to a tech shop and pick up production equipment because of the falling costs of it. This means less top tier business people producing events and more bottom tier operators trying to piece together a production.
I do not underestimate camera work, it is a union job just like lighting. But seeing a low quality production in action turns heads. There is a difference between a hobby project and a professional business. But you know the story about knockoff street, it has the look and feel once its sold that is all that matters.
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Yea but it was only a G4.
