Quote Originally Posted by anonamoose View Post
Quote Originally Posted by sonatine View Post


I disagree.

There wasnt a lot of traffic on Seals, and they had at least 3 people on salary (micon, other owner, hdev(?) the sysad) plus at various times they had to spend considerable sums on advertising, consultants, developers, etc. Honestly Id be stunned if Seals took down more than $200 a day in rake.. but even if it took down 5 times that much, and even if there were ONLY the three of them carving up that pie, Micon still only made about $122,000 a year. And obviously we are assuming Micon was a winning player when he took his paycheck to the tables, which is a whole other kettle of fish.
So you're saying that you'd be surprised if they took down more than 1 btc - 5 btc in rake? Come on man get real.

You're also forgetting that Micon had mining rigs that he was pulling money off of as well.

You can write off the mining right off the bat. Like right now. The volume of gear/juice you need to mine BTC profitably is astounding. That shits dead, its been dead.

As for the rake, I recall their rake being miniscule to begin with. Factor in the low volume of play and yeah, I think 5btc a day is super optimistic for them. Again; maybe the site was much busier than I recall, in which case maybe they made more. But what I saw when I logged in was a literal handful of micro stakes players killing time.

If someone has different numbers for their average userbase at the tables, I'm all ears tho.