US Open 9-ball updates thread..

[SlateMan]

Now when you say "they", who exactly are you referring to, since you seem to know so much about advertising???

The people shelling out the cash. Hence, it would be their Return On Investment.
Advertising isn't my specialty. I do have a Ph.D. in Business if that helps. My specialty is accounting, information systems, and analytics. However, I did run a very successful business for several years where part of what I did was developing tv and radio commercials for markets across Florida, Boston, and D.C. We worked with the editors, I booked the ads, and I ran the analytics to determine if the ads were developing the appropriate leads. This was done with phone data and correlating incoming calls with commercial runs.

 

[realkingcobra]

The people shelling out the cash. Hence, it would be their Return On Investment.
Advertising isn't my specialty. I do have a Ph.D. in Business if that helps. My specialty is accounting, information systems, and analytics. However, I did run a very successful business for several years where part of what I did was developing tv and radio commercials for markets across Florida, Boston, and D.C. We worked with the editors, I booked the ads, and I ran the analytics to determine if the ads were developing the appropriate leads. This was done with phone data and correlating incoming calls with commercial runs.

"They" have a name, and their ROI isn't what you think it is.

 

[realkingcobra]

The people shelling out the cash. Hence, it would be their Return On Investment.
Advertising isn't my specialty. I do have a Ph.D. in Business if that helps. My specialty is accounting, information systems, and analytics. However, I did run a very successful business for several years where part of what I did was developing tv and radio commercials for markets across Florida, Boston, and D.C. We worked with the editors, I booked the ads, and I ran the analytics to determine if the ads were developing the appropriate leads. This was done with phone data and correlating incoming calls with commercial runs.

Completely different kind of advertising. I sent you a message.

 

[realkingcobra]

The people shelling out the cash. Hence, it would be their Return On Investment.
Advertising isn't my specialty. I do have a Ph.D. in Business if that helps. My specialty is accounting, information systems, and analytics. However, I did run a very successful business for several years where part of what I did was developing tv and radio commercials for markets across Florida, Boston, and D.C. We worked with the editors, I booked the ads, and I ran the analytics to determine if the ads were developing the appropriate leads. This was done with phone data and correlating incoming calls with commercial runs.

That's alright, you don't really want to know anyway, because then you'd change your tune, and that wouldn't be a good thing

 

[stevelomako]

To many broke dick posters on AZB, like you!

Hahahahaha

You’re so funny
















Not really

 

[gambler67]

So Dennis Orcollo is easy? He took 2nd to 2 of Shane's wins!

dennis is great just more dennis's coming over now

 

[gambler67]

US open is not the world championship

with all the ones playing in it now it should be sanctioned as a world championship, especially the last few years

 

[realkingcobra]

dennis is great just more dennis's coming over now

Don't matter how many come over and play in it, you'll never see another player winning the US Open 9B event 4 out of 5 years again to tie Shane's record, let alone winning it 5 times! Earl won it 5 times, but never once back to back wins.

 

[skogstokig]

with all the ones playing in it now it should be sanctioned as a world championship, especially the last few years

i agree that it's about equal in prestige. hopefully though MR will up the prize money for the world championship in coming years. even though i've learned from this hijacked trainwreck of a thread that it's not possible in any way shape or form, lol

 

[realkingcobra]

i agree that it's about equal in prestige. hopefully though MR will up the prize money for the world championship in coming years. even though i've learned from this hijacked trainwreck of a thread that it's not possible in any way shape or form, lol

Shouldn't be a problem for MR, afterall, they're a sponsor and promotor, right?

 

[Jaden]

That type of system allows for a lower level player to jump forward requardless of their Fargo rate, which to me is wrong. Earn the right to play by competing in events everyone else is hosting, raise your Fargo rate higher, cross the line into the lower level Pros. Keep playing, keep pushing your Fargo rate higher, and move up the ladder. The higher you climb, the bigger paying events will open up to that person.

Sandbagging a person's Fargo rate down may work to get a player into easier events to have a better chance if winning money, but it'll hurt that same player by holding them back from having a high enough Fargo rate to be eligible to play in a higher fargo rated event.

There's a MAJOR problem with your logic here. If all people are ever playing in are low level events with low rated players, it can be VERY difficult to get your fargo higher. You can be beating players 4-0 and 3-1 and that's just what your current fargo expects you to do. You HAVE to be able to play against the higher rated players to get your fargo higher.

There's absolutely nothing about hosting the events in a pool room that precludes having open qualifiers. Golf and Tennis and many individual based sports have truly open qualifiers for major events.

Jaden

 

[Jaden]

I think you are creating a higher barrier to enter an already decreasing market of professionals. Creating a higher cost (time in local tournaments) does nothing to increase demand. This can be modeled in mathematical terms but it is easy to see with just thinking about it.

The fully open satellite model (at least for the US Open) would generate much more local interest and much more paid into the prize pool. Look at the World Series of Poker, they have 8,000 plus people paying $10,000 a piece to get to play for millions. What is more inspiring, a Chris Moneymaker or Carlos Biado? Moneymaker went from an amateur playing with friends to a millionaire and somewhat a pro overnight.

Poker achieves this high number of players because many of them can play local satellite tourneys and win their way into the big show or they can just pay their way in. Imagine the impact on the World Series of Poker if you were prohibited from just signing up?

I would set up a US Open Model that tied into state and local tourneys. (I'm making numbers up after this, they can be adjusted...) Make the US Open a $5,000 entry fee. The pros and the sponsors and the rich wannabees can pay this amount. Feed players into the tourney from wins in state opens. Each state has a "US Open-State" tourney. This can be $1,000 entry. The top 10 from each state get paid some money and an entry into the US Open with travel and expenses. Each city or district in the state will have a smaller tournament that feeds the state tourney. You buy into the district tourney for say $250. Your playing for some cash and an entry into the state tourney. Local pool halls can license a US Open-Local tourney to win your way into the district tourney. These can happen throughout the year. Local buy in could be as little as $25 a person with a minimum number of participants required or the pool hall can kick in an automatic district buy in (Win the local cash and $250 district buy in paid for by owner added funds). Heck, at $25 if you had 20 entrants, you could have a $250 payout AND a district buy-in.

The US Open licensing would generate name brand recognition to these events. Any pool hall that wants to host small, local satellites, would have to register with the US Open group. They could have a website that shows if a tourney is sponsored or not. Players would be encouraged to ONLY enter US Open licensed tourneys.

Adjust the dollar figures above for what the market will actually accept. You could have a US Open tourney with the absolute best players in the country. Some could buy in for as little as a $25 satellite. The payouts could start to look like life changing money to the players rather than the barely break even amounts after expenses and taxes we have now.

Sounds good, but has some logical issues as well. One, you'll never get enough people in the state opens willing to pay $1000 entry to justify it. You did allow for that, stating to adjust the amounts as necessary. You also allowed for additional lesser entry sattelites; however, how do you stop pros from entering to lessen their entry fees to the big tourney????

The reality is that there is no definition of pro. We're only just starting to get there with Fargo, but there's still a long way to go to have a definitively pro vs. amatuer.

Jaden

 

[Jaden]

50% of the middle range poker players earn an average of $28,400 a year, while a full time McDonald's employee today earns $31,200 annually! Really think poker players earn so much money that every kid today wants to grow up to be a Professional poker player, or play videos games?

Glen, that is their REPORTED income... If you think that the reported income of pro poker players is their ACTUAL income, you should probably give it a second look. Also, that is the average. There are people who suck at poker who are "pros".

Jaden

 

[Jaden]

Biado a lock hall of famer even if he died tomorrow
3 World Championship appearances 2 WINS
SVB one World Championship appearance 0 WINS

So if SVB is a lock and he never even won a world title how does Biado not make it with 2 already in his young career?

What crack are you on? Shane has had several world championship appearances with 2 runner ups and top 16 in practically every one.

Jaden

 

[Icon of Sin]

RKC...

Out of curiosity, how old are you and how long do you think it will take to see everything you have in mind to come to fruition from today? (Pro events/youth events/organizations... the Full Plan). 5 years? 10 years? 20 years?

I mean, what you are talking about doing is not something that can be pulled off in a couple years. Ive been a member of AZ for a long time now and I believe you were here before me. I know at my age (which isnt that old LOLOL) I wouldnt want to start committing my life to something like this as it would be going into the years I would want to be retired and just happy for still being alive.

I also don't know how much you have already put together and how long you have been working on that either for that matter.

 

[realkingcobra]

RKC...

Out of curiosity, how old are you and how long do you think it will take to see everything you have in mind to come to fruition from today? (Pro events/youth events/organizations... the Full Plan). 5 years? 10 years? 20 years?

I mean, what you are talking about doing is not something that can be pulled off in a couple years. Ive been a member of AZ for a long time now and I believe you were here before me. I know at my age (which isnt that old LOLOL) I wouldnt want to start committing my life to something like this as it would be going into the years I would want to be retired and just happy for still being alive.

I also don't know how much you have already put together and how long you have been working on that either for that matter.

I'm 65 December 30th, and have been working on my plan for over 30 years, mostly waiting for the world capabilites to catch up to my ideas. Once my plans are put into motion, I don't have to stick around for them to continue to expand, because of building the non-profit organization for the purpose of organization, leadership, and advertisement sponsorship, it will continue on without my presence.
Its called legacy, if done right the first time, no one will ever be able to step up and take over pool again, let alone try owning it.

 

[realkingcobra]

The non-profit organization will have the ability to do many things for pool, outside of the box of everyone's normal way of looking at things. I'll give you an example, take the Texas Open for shits and giggles. Let's say the owners submitted a request for sponsorship to this long running event. The organization elected to kick in some added money, here's how it would work.

First requirement would be the exclusive streaming rights to the event.

Second, in order for any player to win any of the added sponsorship money, they must first be registered with the world pool players association, based on their current Fargo rating a the time of the event. 600 and below $25, 601- 699 $50 700-775 $100 775+ $200

Then the added sponsorship would be paid out in addition to the prize money payout for the event, BUT the sponsorship money is paid out only to the final 16 players, 16-9 $8,000 each, 8-5 $2000 4-3 $4,000 each, 2nd $8,000 and first $16,000

Total sponsorship $48,000

Now here's where the registration fee comes into play based on the Fargo ratings.

If you're an unknown player, have no Fargo rating coming into this event, you can't buy a higher registration than an amateur can, so even if you go all the way and win the event, you can only win the amount of prize money your registration fee relates to, here's the break down.

$16,000 $200 registration wins $16,000. A $100 registration wins 75%. A $50 registration wins 50% and a $25 registration wins 25%.

What is NOT paid out to the top 16 players based on their qualified registration fees, is then passed down to the rest of the event winners at the discretion of the event promoter!

This method punishes the Fargo rate sand baggers, and gives incentives to the top elie players to compete at the same time.

Meanwhile the Advertisers get credit for their promotion of this event, and anything live streamed, recorded, put on cloud storage, can be viewed at anytime after the event has finished, then no one has to miss a match they really wanted to see, but couldn't because of what ever reasons.

There are many of these events around the world that can fit into the sponsorship requirements, and the advertisers agenda as well, all year long.

 

[realkingcobra]

There's a MAJOR problem with your logic here. If all people are ever playing in are low level events with low rated players, it can be VERY difficult to get your fargo higher. You can be beating players 4-0 and 3-1 and that's just what your current fargo expects you to do. You HAVE to be able to play against the higher rated players to get your fargo higher.

There's absolutely nothing about hosting the events in a pool room that precludes having open qualifiers. Golf and Tennis and many individual based sports have truly open qualifiers for major events.

Jaden

I just addressed your concerns about the lower rated players playing against higher rated players.

 

[realkingcobra]

Sounds good, but has some logical issues as well. One, you'll never get enough people in the state opens willing to pay $1000 entry to justify it. You did allow for that, stating to adjust the amounts as necessary. You also allowed for additional lesser entry sattelites; however, how do you stop pros from entering to lessen their entry fees to the big tourney????

The reality is that there is no definition of pro. We're only just starting to get there with Fargo, but there's still a long way to go to have a definitively pro vs. amatuer.

Jaden

By adding advertising dollars as sponsorship money to the many, many annual pool tournaments held throughout the US, Canada, and the rest of the world, it helps build a money leader board consisting of a lot more players showing up as earning income at the top. But as stated, the sponsorship money has to support the top 16 players of qualified sponsorship events, it can't be used as a welfare system just to give more prize .only to the lower rated amateurs playing in those events. If they want a part of the sponsorship added money, then they can work on their skills no different than anyone else has to so they can increase their chances at some of those earnings as well.

 

[realkingcobra]

Global advertising spending 2000-2023

A study of global advertising expenditures found that the ad spending in 2020 reached 586.5 billion U.S. dollars. Forecast data indicates that the ad spending worldwide will reach 691 billion U.S. dollars by the end of 2023