Two Plus Two Publishing LLC Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > Internet Poker > Internet Poker

Notices

Internet Poker Discussions of Internet poker venues.

Reply
 
Thread Tools Display Modes
Old 03-14-2012, 03:18 PM   #31
newbie
 
Join Date: Oct 2009
Location: Finland
Posts: 32
Re: PokerStars Roundtable 2012-03-14

Quote:
Originally Posted by antchev View Post
^^This. PLO is far more different compared to NLHE than FLH is, it needs its own rake structure. Having a game so heavily raked creates only a deflux of players. PLO has the potential to be the next big thing but this rake trap needs to be fixed first.

What is your opinion on the issue as a PLO player?
+1 this definately needs looking into, in the long run it will create more rake for pokerstars if the games run better.. Also it adds signifignantly to the player pool if stars is the first to do something about this since everywhere else is the same problem..
Krenjuussa is offline   Reply With Quote
Old 03-14-2012, 04:32 PM   #32
Pooh-Bah
 
Join Date: Jul 2010
Posts: 3,685
Re: PokerStars Roundtable 2012-03-14

And maybe even generalizing the issue a bit. Lee, you described the player-site relationship as symbiotic and you know that poker is a game of really small edges. A guy that does nothing but fold 100% of his hands at a 9-max game is only going to lose at 16.7bb/100. You also know the games have been really drying up. Midstakes and higher is in its death throes and that's created a downward pressure in the games as most players are left moving down, not up. This is all matched with Stars raking from 5-20bb/100. This doesn't seem like a relationship that can sustain itself much longer.

Even Stars 4.5% "rake reduction" this year was paired with a bunch of fine print that meant it actually resulted in a < 2% rake reduction, and most regs are reporting an effective rake increase all the same. And the player panel revealed that Stars initial 'offer' was actually an effective rake increase for all players! Doesn't now seem like an absolutely horrific time for Stars to be trying to increase the rake? How do you propose this relationship remain symbiotic well into the future? Right now it looks like the small fish is getting eaten by the big fish and the latter is just calling that symbiotic since he let the small fish swim around in the same waters for a little bit before gobbling him up.
Do it Right is offline   Reply With Quote
Old 03-14-2012, 04:37 PM   #33
old hand
 
RigMeARiver's Avatar
 
Join Date: May 2010
Location: Nooscape
Posts: 1,445
Re: PokerStars Roundtable 2012-03-14

Hi Lee,

While it's understandable you don't want to comment on the state of US legislation, it doesn't seem unreasonable to ask what you think PokerStars' status would be if legislation were passed. Judging by what I've read in the legislation forum and elsewhere, Stars has very little chance of being allowed back in.
RigMeARiver is offline   Reply With Quote
Old 03-14-2012, 05:32 PM   #34
adept
 
Join Date: Aug 2005
Posts: 1,135
Re: PokerStars Roundtable 2012-03-14

Are you back in control of the doomswitch?
WhatDoesCallMean is offline   Reply With Quote
Old 03-14-2012, 06:30 PM   #35
Pooh-Bah
 
VP$IP's Avatar
 
Join Date: Aug 2007
Location: Zero Millions
Posts: 5,459
Re: PokerStars Roundtable 2012-03-14

Specifically, does the agreement between PS and DOJ have an expiration date?

http://www.justice.gov/usao/nys/pres...reementspr.pdf
Under the terms of the agreements with PokerStars and
Full Tilt Poker, the companies agreed that they would not allow
for, facilitate, or provide the ability for players located in
the United States to engage in playing online poker for "real
money" or any other thing of value
.
VP$IP is offline   Reply With Quote
Old 03-14-2012, 06:37 PM   #36
Carpal \'Tunnel
 
Jah Onion's Avatar
 
Join Date: Oct 2008
Location: Knows the outs system
Posts: 8,832
Re: PokerStars Roundtable 2012-03-14

Welcome back Lee, I hope that things will improve in the area of communication with the players now that you're back. On that note, I have a couple of question I would love if you could answer:

- What is your new role at PokerStars? That is, we know what you did in the past for them, but what are your new responsibilities aboard the PokerStars ship?

- Will you be present at the next player representative meetings to be held at IOM?
Jah Onion is offline   Reply With Quote
Old 03-14-2012, 06:58 PM   #37
Carpal \'Tunnel
 
chezlaw's Avatar
 
Join Date: Jan 2004
Location: London
Posts: 16,967
Re: PokerStars Roundtable 2012-03-14

Hi Lee and welcome back. I'm very happy to hear it.

Can you let us know what your role is?

I dont know if you care to comment on the recent changes and how they were handled but its fair to say the consensus is it was a disaster. I'm far more sympathetic to Pokerstars' pov than most and sometimes painful change is needed but its hard to believe just how badly it was handled. Will you be involved more in future?
chezlaw is online now   Reply With Quote
Old 03-14-2012, 10:02 PM   #38
enthusiast
 
Join Date: Sep 2008
Location: The Netherlands
Posts: 64
Re: PokerStars Roundtable 2012-03-14

Quote:
Originally Posted by joeri View Post
Lee, until now pokerstars refuses to have a different rake structure for plo compared to nlh. However the game of plo is very different with way more action compared to nlh. This results in between 50% - 100% higher rake for plo, hence low and midstakes rake is almost unbeatable. Any chance you will re-evaluate this descision in the near future?
+1

Current rake levels for PLO are unsustainable imo.
Lee, can you please look up average rake paid in bb/100 for 6max PLO25 vs NL25?

Slightly higher rake for PLO could be justified; less hands/hour, bigger edges.
But do you think ~100% higher rake is healthy for the game?

I am afraid Pokerstars is too greedy and won't adjust the PLO rake structure until it's too late.
I hope you will understand our concerns as a PLO player yourself and please monitor the PLO ecosystem closely.

Also please consider the effects lower rake could have maybe offsetting a significant percentage of its costs:
- recreational players keep returning because they win some of the time (now almost impossible considering they must contribute 30+bb/100 in rake)
- recreational players keep returning because they get decent entertainment time (value) for their deposit.
- more players running hot, moving up and feeding the higher stakes
- more high stakes action, more successtory's like Isildur and Phil Galfond
- more railbirds that also try themselves
- Overall healthier ecosystem that still generates tons of rake for Pokerstars long into the future.
Omaholic101 is offline   Reply With Quote
Old 03-14-2012, 10:22 PM   #39
What SN is this?
 
ESKiMO-SiCKNE5S's Avatar
 
Join Date: Aug 2005
Location: ~DANZA KUDURO~
Posts: 22,433
Re: PokerStars Roundtable 2012-03-14

thanks lee, welcome back
ESKiMO-SiCKNE5S is offline   Reply With Quote
Old 03-14-2012, 10:39 PM   #40
veteran
 
Join Date: Jan 2009
Location: teh Valuetown
Posts: 2,891
Re: PokerStars Roundtable 2012-03-14

why did pokerstars increase rake cap for 5handed play and sold it to the people as an effective rake decrease (which it is not, most 6max players are paying more rake compared to b4 the changes

why is there still a difference in $ per vpp 6max, SNG and FR under weighted contributed? (5.5:5.5:6.0)
TimStone is offline   Reply With Quote
Old 03-14-2012, 10:49 PM   #41
adept
 
gumaaa's Avatar
 
Join Date: Dec 2008
Posts: 1,087
Re: PokerStars Roundtable 2012-03-14

Why are split pots raked so that the two winners both lose? Can you ensure that winning half of the pot does not mean losing several big blinds at the lowest stakes?
gumaaa is offline   Reply With Quote
Old 03-14-2012, 11:21 PM   #42
veteran
 
TheRaiderr's Avatar
 
Join Date: Mar 2008
Location: Beware:RPMSeth uses shill accounts
Posts: 3,061
Re: PokerStars Roundtable 2012-03-14

When are you going to improve the lower end of the system to compete with the standard 30% min from other sites?

When will the games only getting 5.5 multiplier stop being treated as second class citizens and get a 6x multiplier.

6max generates more rake per hand and gets a smaller multiplier back makes no sense to me and certainly isn't fair.

Last edited by TheRaiderr; 03-14-2012 at 11:26 PM.
TheRaiderr is offline   Reply With Quote
Old 03-15-2012, 12:54 AM   #43
Pan Troglodytes
 
DiggertheDog's Avatar
 
Join Date: Mar 2008
Location: Chairman of the Chimps
Posts: 32,115
Re: PokerStars Roundtable 2012-03-14

Lee Jones:

Simple question:
What is the definition of a beatable game?
DiggertheDog is offline   Reply With Quote
Old 03-15-2012, 04:52 AM   #44
grinder
 
Join Date: Mar 2007
Posts: 481
Re: PokerStars Roundtable 2012-03-14

i miss you lee

Last edited by GoldnEagl; 03-15-2012 at 04:54 AM. Reason: deal expiration 1x!
GoldnEagl is offline   Reply With Quote
Old 03-15-2012, 05:47 AM   #45
Pooh-Bah
 
therightdeal's Avatar
 
Join Date: Aug 2010
Location: 1980s.
Posts: 3,928
Re: PokerStars Roundtable 2012-03-14

Quote:
Originally Posted by catuskid View Post
zoom?
Did you not bother to read the initial post?
therightdeal is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 06:31 AM.


Powered by vBulletin®
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.
Copyright © 2008-2010, Two Plus Two Interactive