Quote:
Originally Posted by LukeSilver
Plus a lot of high volume players have low margins changes that significantly reduce player rewards or up the rake etc, could actually turn them into losing players.
if the marginal profitable players quit the trafffic drops further as higher winners cant get the same win rate and quit.
...
my situation is if stars make significant changes playing the games I have trained towards, will become unfeasible because with the very large variance already reducing my win rate might make the variance to large to justify the meager returns.
It's kind of off topic for this thread, but the subject comes up repeatedly. Poker isn't a "guaranteed income for life" any more. Poker sites have to pay higher taxes than they used to, so rake has to go up, or rewards have to be lowered, in order for profit margins to stay the same even if the same level of traffic is maintained.
As players' edges get smaller, more and more current winners will find they have better options outside of poker. It's just a basic reality that some grinders will be "forced" out of the market, in the same way that people in other careers have to find new jobs because their industry has changed.
As Sect alluded to earlier, Stars is trying to get the balance right, such that they don't lose too much traffic, and they are in a sense
guessing what is the correct rake/reward ratio that maximises their profit in a changing market. If a thousand regs get caught in the crossfire, and end up having to get "proper jobs", that's sad for them, but Pokerstars isn't a charity.
The boom is over, so if you're in poker for the money, you probably need to revise your income projections downwards, adapt or work harder to maintain the same income, or take your skills along another career path. No one likes being told they are getting a pay cut, but it's usually better than being told "You're fired".
/derail