Tuesday, August 25, 2009

Live Poker Declining

The last two major World Poker Tour Events (WPT) have declined in players by 25% to 38%. Is this because of the $10,000 buy in being to much considering the economy? Is it because there is to many competing poker tournaments around now, like the European Poker Tour (EPT), and the Asia Pacific Poker Tour (APPT)? Or is it because The WPT always wants to gove out at least $1 million to 1st place with 2nd place only getting about $400,000 are players just staying away because the payouts are not flat enough?

Well I think all of the above have somewhat of a factor to the decrease in players for the WPT. Players from overseas have more to choose from now and thus do not have to travel as far to play in a Major Poker Tournament. If the WPT also changed their main event buy in to $5,000 instead of $10,000 I think they will generate about 200 more players thus still making the final table with excellent pay outs that people will still watch.

So I think the WPT needs to change to bring their numbers back up, and thus when the poker boom happens again they can change again.

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