October 17, 2012 8:30 PM CT
Ironically, there is no mention of this anywhere on Grrrinders.com!
We found this on Face Book,
Now, we really think this is a sad day for the Loyal Grrrinders who played and devoted themselves to the site.
However, keep in mind they were continually lied to, mis-lead and kept getting promises and high hopes that just never materialized.
Like we posted on previous occasions–Honesty would have been a better approach, rather than the denial, deletions, censorship and the other various means to cover the truth.
Grrrinders was an excellent concept, a socially oriented poker site, close friends and members…..for a decent price.
However, too much was promised, too much was paid out and no where near enough promotion to grow the membership was given.
Grrrinders was almost a closed club, new members were never given a chance, too many original members were devoted to keeping a closed circle.
We played on Grrrinders for over 6 months, finished at the top of many tournaments that were detailed on the blogs–our name was never mentioned, just the players everyone knew and had close relationships with other players and management.
We had many letters and comments that stated this, and some were even commenting that this was a Poker Cult! We probably wouldn’t go that far, but it was close………
Back to why Grrrinders failed,
You would never see any advertisements other than the actual site on the Web, Never an ad in any of the popular Poker Magazines, never a huge promotional tournament plastered all over the web.
Their weekly $1000 WSOP seat promotion would have been a perfect opportunity to attract paying members, but very few knew of this promotion—just the closed circle of players (existing members) who won seats and were disappointed when they never received them…
The Free Play orginally scheduled on Grrrinders probably paid too much to Free players, Tournaments offered to paying members paid out far more than the memberships paid in…………
In total, it was just a bad combination of revenues, membership recruitment and total amount paid out….too much and too little
We really wish the Players on Grrrinders well, and hope that they can find a place to play on-line where this won’t happen to them again.