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[PartyPoker] Ex-Official thread [PartyPoker] Ex-Official thread

08-25-2011 , 07:37 AM
K, well, I have to get/clear my bonus, but then, peace guys.

GJ running your **** str8 into the ground
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08-25-2011 , 07:41 AM
I long for the day we hear the news a major site is actually helping the poker economy and dropping their cap. No doubt a site like party would be back at #1 pretty quick if they did that.
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08-25-2011 , 08:26 AM
So what about PLO? These changes will decimate the games there.
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08-25-2011 , 08:38 AM
http://www.partypoker.com/how-to-pla...structure.html

PLO included looks to remain same, except for Dealt to WC
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08-25-2011 , 10:01 AM
Still raised the rake via backhanded stealing and the Accelerator, while not as ****ty as the last few promos, is still pretty weak at 10% rb for Palladium pace.

Crock of **** imo.
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08-25-2011 , 10:07 AM
xPosting this for anybody who wants to see the impact this has had on them:

Quote:
Just put in my first session post rake changes. I played a tighter than normal 21 VPIP but my fold button was completely broken with a went to showdown of 35%. I received 75% of my normal rakeback. This is easy to check. Here's how:

1. Write down your points before your session.
2. After your session figure out how many points you earned using #1.
3. Open up your tracker which is still calculating rake using the dealt method. Multiply the rake it shows by 2.
4. Divide the number in #2 by the number in #3. That's how much your rakeback percentage has changed by.

So if you earned 200 points and your tracker shows 150 in rake paid then you would be earning: 200 / (150*2) = 66% meaning 34% less rakeback. I'm not quite high enough volume to go for the 30% rakeback bonus so I had been going for the 20%. That is now 20%*.75 = 15% rakeback.

I really enjoyed playing on Party but I can get 60% on iPoker or 22% on Stars just for hitting platinum star each month. Its really frustrating to have to change sites again (I'm another FTP refugee) but I don't see I have any choice.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 10:11 AM
I know my rakeback is going down and so is everyone else under at least 30vpip.

It bears repeating that given the way weighted contributed is calculated, you both need to see a ****ton of flops and keep putting in a ton of money postflop all the way to a showdown to see a good return. I think weighted contributed is actually going to be WORSE for a lot of players than just giving it to the winner of the pot as fish are going to get a lot of credit in weighted contributed without ever winning the pots and paying the actual rake. Not to mention dealt gave the vast majority of us more rakeback.

Doesn't really matter what one person considers more fair, the problem is we entered into an agreement with Party for a certain rakeback and they just found a way to get around that and give us less without us being able to do much short-term (because you can't just insta-quit from Party, you have to buy/clear bonuses to get full value).

Long-term do I leave Party over this, maybe? Rakeback is a very small part of my earnings, but taking thousands of dollars a year away from me doesn't make me like your company at all and makes me want to leave.

**** off party.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 10:34 AM
Quote:
Originally Posted by Party_Rep
Sorry for the confusion.

The release today changed the rake method on PartyPoker.com from 'dealt' to 'weighted contributed'.
The release did not change the $3/6 NL/PL (and up) cash game rake structures.
This page is up to date with the PartyPoker.com rake: http://www.partypoker.com/how-to-pla...structure.html
Thank you
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08-25-2011 , 10:46 AM
hmm 25-30% less rb coz of the change or 60% rb at ipoker, decisions decisions

gg
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08-25-2011 , 11:42 AM
Quote:
Originally Posted by lotus guardian
The 5$ rake was a bargaining chip. High level thinking from party.
Quote:
Originally Posted by elixs
+1

Genius,.

Make something as absurd as 5 dollar rake and people focus on that and active people protest(like harangutang). Then they can reverse it, as they "listen" to the poker community. And keep the weighted contributed rake.

Move along, nothing to see here.
Pretty much this. PartyPoker know exactly what they're doing. In before Party reenters US and has 18x the players of stars.
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08-25-2011 , 12:18 PM
How are people getting 60% on Ipoker? 2 people have now stated this. Any help would be awesome.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 12:58 PM
Quote:
Originally Posted by ripped
How are people getting 60% on Ipoker? 2 people have now stated this. Any help would be awesome.
NM looks like will hill after some research.
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08-25-2011 , 01:20 PM
Plz introduce some midstakes HUPLO games.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 03:24 PM
Cashed out my roll. Deposited everything on ipoker. They will get the 10K per month in rake I generated.

Absolutely terrible business decisions.

I hope your CEO get his ass handed to him by the share holders.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 03:27 PM
Hey Party Rep, I just noticed u guys updated the software. WHen are u guys going to change the issue with people abusing the sit out button. U told it would be fixed on the next update.
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08-25-2011 , 04:15 PM
Anybody else not having their Party Points updated since the update?
Points earned today (August 25) - 0.000
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08-25-2011 , 05:32 PM
Nice ive raked 145$ and only got 200pp and im a loose player
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 05:45 PM
Mini session but: 78$ rake, 141pp and I am 30-20 at 6max.
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08-25-2011 , 05:56 PM
Sry for my english. The support in french takes like 5 days to reply so I'd rather write in english
_______

Hi,

I've played a 3 hours session of poker today and noticed I only had 207 party point for that which is way lower than before. My HEM told me that I've raked about 145$ this session. I've done some calculation and 207 party point for 145$ equals to 21,41% of rakeback if I'm planning to buy your 3000$BONUS which is supposed to be worth 30%.

I've a VPIP of 18,6 on a full ring cashgame which is considered as loose and still, i'm having a huge hit of rb income since you switched it to contributed. I'm used to have about ~85pp per hour and since i'm loose, I was expecting to get more now. The truth is I'm below 70pp/hour. I won't be playing poker for 20% rakeback when it is so easy to find a 40% deal out there.

I'm seriously planning on taking my 3000$rake/month volume somewhere else if you don't give me the same pp rate that I used to have. I will reach palladium VIP, take the 3k$ bonus w/ my point and quit if you let it to contributed.

I've played a LOT on party in my life. I don't wanna quit but 20%rb is unacceptable for the volume I put in.

Regards,

Francois
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08-25-2011 , 06:16 PM
re:Francois

Party support is not going to understand anything you wrote. And it's not because your English is bad.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 06:22 PM
Quote:
Originally Posted by omnishakira
Sry for my english. The support in french takes like 5 days to reply so I'd rather write in english
_______

Hi,

I've played a 3 hours session of poker today and noticed I only had 207 party point for that which is way lower than before. My HEM told me that I've raked about 145$ this session. I've done some calculation and 207 party point for 145$ equals to 21,41% of rakeback if I'm planning to buy your 3000$BONUS which is supposed to be worth 30%.

I've a VPIP of 18,6 on a full ring cashgame which is considered as loose and still, i'm having a huge hit of rb income since you switched it to contributed. I'm used to have about ~85pp per hour and since i'm loose, I was expecting to get more now. The truth is I'm below 70pp/hour. I won't be playing poker for 20% rakeback when it is so easy to find a 40% deal out there.

I'm seriously planning on taking my 3000$rake/month volume somewhere else if you don't give me the same pp rate that I used to have. I will reach palladium VIP, take the 3k$ bonus w/ my point and quit if you let it to contributed.

I've played a LOT on party in my life. I don't wanna quit but 20%rb is unacceptable for the volume I put in.

Regards,

Francois
In the future you might want to take heed of what people who have gone through certain experiences, such as the change to weighted contributed, are telling you rather than assuming you know everything. The impact of weighted contributed rakeback is extremely counter-intuitive which makes it particularly insidious because it does seem ostensibly fair, but it couldn't be further from it. If you are a winning player, you will lose money under weighted contributed. The only question is how much and in most cases the answer will be a lot, even if you are a much looser than average player.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 07:06 PM
It looks like rake free MTTs in July was the worm in the apple. Tony G knows when to relay good information useful to players.

And they want to compete with real poker online companies offering poker only games.

Greedy bastards. I hope you shares will drop down, you really deserve it.
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 08:57 PM
I'm playing 25/50 PLO and they're raking $5 a pot, I thought they decided against the rake increase?
[PartyPoker] Ex-Official thread Quote
08-25-2011 , 09:31 PM
Quote:
Originally Posted by Roy
I'm playing 25/50 PLO and they're raking $5 a pot, I thought they decided against the rake increase?
oh snap
[PartyPoker] Ex-Official thread Quote
08-26-2011 , 12:41 AM
Quote:
Originally Posted by omnishakira
Sry for my english. The support in french takes like 5 days to reply so I'd rather write in english
_______

Hi,

I've played a 3 hours session of poker today and noticed I only had 207 party point for that which is way lower than before. My HEM told me that I've raked about 145$ this session. I've done some calculation and 207 party point for 145$ equals to 21,41% of rakeback if I'm planning to buy your 3000$BONUS which is supposed to be worth 30%.

I've a VPIP of 18,6 on a full ring cashgame which is considered as loose and still, i'm having a huge hit of rb income since you switched it to contributed. I'm used to have about ~85pp per hour and since i'm loose, I was expecting to get more now. The truth is I'm below 70pp/hour. I won't be playing poker for 20% rakeback when it is so easy to find a 40% deal out there.

I'm seriously planning on taking my 3000$rake/month volume somewhere else if you don't give me the same pp rate that I used to have. I will reach palladium VIP, take the 3k$ bonus w/ my point and quit if you let it to contributed.

I've played a LOT on party in my life. I don't wanna quit but 20%rb is unacceptable for the volume I put in.

Regards,

Francois
So, you went from 30% to 20% Rakeback? What does that work out to in ptbb/100 in your game? How will your win-rate be affected over all? What about in a few weeks or months when many regulars have left and many fishy players are playing more?

Here is a good article regarding how these changes could be good: http://rakements.com/blog_party_new_..****ulation.html
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