US Online Poker MTT Profit | Loss Report (Feb/March 2014)
US online poker room multi-table tournament profits and losses, indicating a room's strength or relative weakness in maintaining player traffic and MTT offerings.
In this report, ProfRB.com compiles monthly data on all US-facing online poker rooms in terms of whether or not their multi-table tournament schedule produces a profit, or a loss of money. This report includes US-facing online poker rooms Bovada (Bodog Network), Carbon Poker (Merge Network), ACR Poker, Black Chip Poker, True Poker, PokerHost (Winning Poker Network), Intertops and Juicy Stakes (Revolution Network), Full Flush Poker (Equity Poker Network), and BetOnline Poker (Chico Network).
Every US-facing network offers its players a daily MTT schedule - we track tournaments from guarantees of $1,000 to $5,000 and higher - and we take player totals from these tournaments to determine if the room or network makes or loses money on each event. While common thought in the online gaming world is that tournaments are mostly 'loss leaders' and a miniscule portion of a gaming company's overall bottom line, you can tell by the data presented below just how strong (or not as strong) these rooms and networks are at attracting players to their sites.
A couple of notes before we dig into the numbers. The figures we report do not include freeroll or tournament ticket entries into these MTT's, so the numbers you see below are what we call "precise estimates". To see each individual US-facing online poker room's tournament schedule, full results, the amount of overlays they produce, prize pools, and more, check out our MTT Overlay and Player Traffic reports here.
FEB/MARCH 2014 PROFIT | LOSS REPORT
Monday through Friday schedule (January: 23 days, February: 20 days)
Jan 1-3rd: $31,119 ------ Feb 3-7th: $73,212
Jan 6-10th: $50,681 ------ Feb 10-14th: $69,063
Jan 13-17th: $50,698 ------ Feb 17-21st: $70,776
Jan 20-24th: $58,796 ------ Feb 24-28th: $79,292
Jan 27-31st: $64,625
JAN 2014 TOTAL: $255,919 (+$58,261 from Dec 2013, +1 day from Dec M-F schedule)
FEB 2014 TOTAL: $292,343 (+$36,424 from Jan 2014, -3 days from Jan M-F schedule)
Saturday and Sunday schedule (January: 8 days, February: 8 days)
Saturdays (Jan 4th, 11th, 18th, 25th): $60,579
Saturdays (Feb 1st, 8th, 15th, 22nd): $74,375
Sundays (Jan 5th, 12th, 19th, 26th): $178,232
Sundays (Feb 2nd, 9th, 16th, 23rd): $204,493
JAN 2014 TOTAL: $238,811 (+$22,371 from Dec 2013, -1 day from Dec Sat+Sun schedule)
FEB 2014 TOTAL: $278,868 (+$40,057 from Jan 2014, +0 days from Jan Sat+Sun schedule)
Special Tournaments
New Year's Day Special Tournaments (Jan 1st): +$20,444
MLK Holiday Double-Up Tournaments (Jan 20th): +$7,979
GRAND TOTAL (January): +$523,153 in profit (up $81,824 from Dec)
GRAND TOTAL (February): +$571,211 in profit (up $48,058 from Jan)
When you see a lot of green font color across Profit | Loss data, you know things are looking good. Bovada Poker continues its dominance across US-facing poker rooms with a stellar start to 2014. Profits are up across the board in terms of their $5,000 guaranteed and higher MTT's, and a lot of that has to do with the sheer amount of them now present across their daily schedule. Bovada has turned their tournament offerings into a tour-de-force of profits, and has shown a willingness to expand their schedule when players dictate they should. It all equals success for Bovada, who has become the clear #1 option for US players in terms of tournaments, cash game traffic, and short payout timeframes (Bovada scored a 9.3 - our highest rating to date - in our Monthly Cashout Report).
If you're interested in taking advantage of Bovada's soft fields and large MTT offerings, consider signing up with Professional Rakeback.
Monday through Friday schedule (January: 23 days, February: 20 days)
Jan 1-3rd: $14,702 ------ Feb 3-7th: $24,363
Jan 6-10th: $16,061 ------ Feb 10-14th: $21,109
Jan 13-17th: $24,701 ------ Feb 17-21st: $11,121
Jan 20-24th: $21,813 ------ Feb 24-28th: $27,007
Jan 27-31st: $29,901
JAN 2014 TOTAL: $107,178 (+$42,730 from Dec 2013, +1 day from Dec M-F schedule)
FEB 2014 TOTAL: $83,600 (-$23,578 from Jan 2014, -3 days from Jan M-F schedule)
Saturday and Sunday schedule (January: 8 days, February: 8 days)
Saturdays (Jan 4th, 11th, 18th, 25th): $9,966
Saturdays (Feb 1st, 8th, 15th, 22nd): $6,153
Sundays (Jan 5th, 12th, 19th, 26th): $85,646
Sundays (Feb 2nd, 9th, 16th, 23rd): $24,890
JAN 2014 TOTAL: $95,612 (+$39,750 from Dec 2013, -1 day from Dec Sat+Sun schedule)
FEB 2014 TOTAL: $31,043 (-$64,569 from Jan 2014, +0 days from Jan Sat+Sun schedule)
Special Tournaments
Carbon OPS Tournament Series (Feb 9th through Feb 23rd): +$55,810
GRAND TOTAL (January): +$202,790 in profit (up $82,480 from Dec)
GRAND TOTAL (February): +$170,453 in profit (down $32,337 from Jan)
January saw increases of upwards of $80,000 in profits on Merge's $5k guaranteed MTT's over their December figures, but took a bit of a stumble in February as profits were down around $32,000. February saw Carbon and Aced Poker's OPS tournament series come and go with a solid outing, but it wasn't enough to make up the difference from an otherwise strong start to 2014. Merge is currently in the midst of a major schedule shift towards bringing in more players among lower guaranteed and differing types of MTT offerings moving forward (more rebuy/add-ons, non-holdem tournaments, etc.) and one can expect fluctuating profits as a result. However, Merge on the whole remains the #2 option as present in terms of player traffic among US-facing online poker rooms, and though their profit numbers are below those of Bovada, they are still strong compared to others within the US online poker landscape.
If you're interested in playing on Merge Network skins Carbon Poker, Aced Poker, and/or Pokerhost (independent cashier system), be sure to contact us.
Monday through Friday schedule (January: 23 days, February: 20 days)
Jan 1-3rd: $7,223 ------ Feb 3-7th: $16,901
Jan 6-10th: $11,316 ------ Feb 10-14th: $15,037
Jan 13-17th: $12,179 ------ Feb 17-21st: $17,270
Jan 20-24th: $12,770 ------ Feb 24-28th: $16,283
Jan 27-31st: $14,365
JAN 2014 TOTAL: $57,852 (+$58,121 from Dec 2013, +1 day from Dec M-F schedule)
FEB 2014 TOTAL: $65,491 (+$7,639 from Jan 2014, -3 days from Jan M-F schedule)
Saturday and Sunday schedule (January: 8 days, February: 8 days)
Saturdays (Jan 4th, 11th, 18th, 25th): $7,363
Saturdays (Feb 1st, 8th, 15th, 22nd): $12,725
Sundays (Jan 5th, 12th, 19th, 26th): $34,372
Sundays (Feb 2nd, 9th, 16th, 23rd): $38,879
JAN 2014 TOTAL: $41,735 (-$2,439 from Dec 2013, -1 day from Dec Sat+Sun schedule)
FEB 2014 TOTAL: $51,604 (+$9,869 from Jan 2014, +0 days from Jan Sat+Sun schedule)
Special Tournaments
none
GRAND TOTAL (January): +$99,587 in profit (up $55,691 from Dec)
GRAND TOTAL (February): +$117,095 in profit (up $17,508 from Jan)
WPN is making strong strides towards competing for foot traffic and profits with rivals on the Merge Network, though still has a ways to go towards becoming the #2 option for US players. A particular note of confidence in WPN, however, is the consistency found in their stabilizing daily tournament schedule. We began tracking a few lower than $5k GTD tournaments to better reflect WPN's daily schedule back in January - but it's the usual weekend staples that have led the charge in terms of generating profits. The February editions of their Sunday $50,000 and $100,000 guaranteed MTT's contributed over $20,000 in profits alone, and only the February 9th edition of the $100,000 GTD has produced an overlay ($1,200) through the first two months of 2014. That points to WPN's growing player base, in which its continued escalation will bode well for other MTT's across their daily schedule.
If you're interested in playing on ProfRB.com recommended Winning Poker Network skins ACR Poker, Black Chip Poker, and/or True Poker, be sure to contact your friends at Professional Rakeback.
Monday through Friday schedule (January: 23 days, February: 20 days)
Jan 1-3rd: $1,003 ------ Feb 3-7th: $1,404
Jan 6-10th: $1,386 ------ Feb 10-14th: $978
Jan 13-17th: $1,279 ------ Feb 17-21st: $1,581
Jan 20-24th: $1,354 ------ Feb 24-28th: $1,791
Jan 27-31st: $1,558
JAN 2014 TOTAL: $6,578 (+$986 from Dec 2013, +1 day from Dec M-F schedule)
FEB 2014 TOTAL: $5,753 (-$825 from Jan 2014, -3 days from Jan M-F schedule)
Saturday and Sunday schedule (January: 8 days, February: 8 days)
Saturdays (Jan 4th, 11th, 18th, 25th): $1,383
Saturdays (Feb 1st, 8th, 15th, 22nd): $1,130
Sundays (Jan 5th, 12th, 19th, 26th): $3,988
Sundays (Feb 2nd, 9th, 16th, 23rd): $5,653
JAN 2014 TOTAL: $5,371 (+$5,053 from Dec 2013, -1 day from Dec Sat+Sun schedule)
FEB 2014 TOTAL: $6,783 (+$1,412 from Jan 2014, +0 days from Jan Sat+Sun schedule)
Special Tournaments
None
GRAND TOTAL (January): +$11,949 in profit (up $6,039 from Dec)
GRAND TOTAL (February): +$12,536 in profit (up $587 from Jan)
The Revolution Network still offers a relatively light MTT schedule in terms of guarantees, though we continue to track their tournaments in an effort to offer as much of a glimpse into their profits as possible. The $15,000 guaranteed that runs on Sunday is the highlight, and though it has overlaid twice in eight offerings in 2014, it accounts for the majority of the overall profits we have tracked (roughly 70%).
ProfRB.com recommends Intertops Poker (invite-only for US players) and Juicy Stakes on the Revolution Network. You can contact Professional Rakeback with your interested in either of these rooms.