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Just because it's high stakes Just because it's high stakes

03-11-2014 , 11:03 AM
I'll make this a different post, because I want to raise a totally different point than in the previous one.

Everyone involved in these discussions is aware Pokerstars has different incentives than professional players. Pokerstars wants as many games running as possible, for as long as possible. Professionals want many games running with high edges to make money. Online professionals won't naturally act out to help durability of games, Unlike live pros. This is a parallel discussion, partly outlined here:

http://www.runitonce.com/chatter/spe...he-new-school/

Now pokerstars has been hinting in less than subtle manners recently that edges are undesirable, because recreational players lose faster (and presumably don't come back), which hinders the durability of games. This is also because professionals rarely play each other without a clearly weaker player present at the mid and high stakes.

Here is the point I want to raise: higher edges don't necessarily lead to lower durability of games. The durability is a factor of what the person winning does with the money won, not how the money will be theoretically exchanged.

We can make this into a retainment factor to make it simpler. If every dollar you won you withdrew immediately you would have a retainment factor of 0, and if you kept playing it would be closer to 1. The common (wrong) assumption is that regs have a 0 score and recreationals have something close to 1.

Clearly pokerstars cares about getting everyone as close to 1 as possible, especially if there is a lot of money being exchanged (due to high edges). Working on lowering edges by encouraging limit games won't work, simply because limit games are unnatractively boring to the common poker player. Setting up valuable incentives for regs to play each other would be a start to help retainment, for example.

Now I know all of this often falls into deaf ears, since we are but customers to the PS executives. If you are adamant on not listening to us, maybe hiring a few economists instead of computer science majors could better help managing an economy (just a thought)
Just because it's high stakes Quote
03-11-2014 , 04:08 PM
Quote:
Originally Posted by Jeans
Fun fun that you share this story with us but completely ignore some very simple questions about Barcelona.
Just because it's high stakes Quote
03-27-2014 , 10:12 AM
Jeans will understand the below, paraphrased from Lee's e-mail to him:

Quote:
Originally Posted by Jeans
Fun fun that you share this story with us but completely ignore some very simple questions about Barcelona.
Quote:
Originally Posted by Lee Jones
Hi folks -
Proximate to some of the discussions I've seen here in the last few days...

Made me wish I had the cash on hand to play in the game, but I wasn't sure whether the presence of those two guys would make up for my being the third-worst player at the table.

Regards, Lee

"I realize this is not the resolution you were hoping for Lee, but this is how things go sometimes and I hope you can understand that.


There’s really no more information I can give you (in fact, that I’m permitted to give you).


Fortunately, nobody was physically hurt and you kept your tiny roll before being bumhunted in a 5/10 Vic game. I realize that’s small comfort, but in the grander scheme of things, it turned out relatively well.


I hope you can understand this – I’m sure it’s not terribly satisfying to you but it is our honest and best reply.


Warmest regards,

Jeans"
Just because it's high stakes Quote
04-02-2014 , 01:03 PM
Quote:
Originally Posted by chantelle89
Jeans will understand the below, paraphrased from Lee's e-mail to him:
Just because it's high stakes Quote

      
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