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Sit and Go rake changes on Stars? Sit and Go rake changes on Stars?

04-05-2011 , 08:41 AM
Stars representatives mentioned in the DON closing post that there will be up and coming rake changes to various sngs

can we get some more information about what and when this is happening?




http://forumserver.twoplustwo.com/28...2011-a-976192/

quote: 'PokerStars is currently evaluating all Sit & Go offerings, including rake. The stakes offered and rake for Fifty50s are in line with the changes planned for all Sit & Go Tournaments on PokerStars in the coming months.'
Sit and Go rake changes on Stars? Quote
04-05-2011 , 08:57 AM
steve is slackin imo

Sit and Go rake changes on Stars? Quote
04-05-2011 , 09:04 AM
lower the damn rake!
Sit and Go rake changes on Stars? Quote
04-05-2011 , 09:20 AM
Thanks for your interest. PokerStars does understand that players are excited to hear about these upcoming changes.

These changes are still planned for the coming months. There aren't any further details to share at this time. When changes are announced, there will be a thread here in 2+2 promptly with detailed information.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 10:05 AM
I got to say it is pretty unfair of Pokerstars to spring these sorts of changes on us, especially mid year. Some of us may be planning on going for SNE later on in the year so are building up VPPs now for the time we decided for the time we decide if we want to pursue it further. A change in RB could radically change our plans. I do understand lower rake also has its benefits. Seems like you should dance or get off the floor.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 10:17 AM
Quote:
Originally Posted by Manhat10ite
I got to say it is pretty unfair of Pokerstars to spring these sorts of changes on us, especially mid year. Some of us may be planning on going for SNE later on in the year so are building up VPPs now for the time we decided for the time we decide if we want to pursue it further. A change in RB could radically change our plans. I do understand lower rake also has its benefits. Seems like you should dance or get off the floor.
are you seriously arguing against lowering rake because it could interfere with rakeback considerations... thats unsmart, ducy?
Sit and Go rake changes on Stars? Quote
04-05-2011 , 11:32 AM
Quote:
Originally Posted by Manhat10ite
I got to say it is pretty unfair of Pokerstars to spring these sorts of changes on us, especially mid year. Some of us may be planning on going for SNE later on in the year so are building up VPPs now for the time we decided for the time we decide if we want to pursue it further. A change in RB could radically change our plans. I do understand lower rake also has its benefits. Seems like you should dance or get off the floor.
Spring?


He posted on 2/28 that they were considering changing the rake for SnGs (whether that means up or down I dunno, I would imagine down), then he further clarifies that statement by saying "in the coming months", which would mean not anytime immediately. I don't know how much more notice you need.

I understand there are VPP considerations here, but he's giving you plenty of time to prepare. I mean look at the DON thread, he basically gave players a month to prepare for the DON closures (ok it was originally a week but it was extended).
Sit and Go rake changes on Stars? Quote
04-05-2011 , 11:33 AM
Quote:
Originally Posted by Manhat10ite
I got to say it is pretty unfair of Pokerstars to spring these sorts of changes on us, especially mid year. Some of us may be planning on going for SNE later on in the year so are building up VPPs now for the time we decided for the time we decide if we want to pursue it further. A change in RB could radically change our plans. I do understand lower rake also has its benefits. Seems like you should dance or get off the floor.
Steve, make an option to charge this guy double the rake if he wants to. Make him happy
Sit and Go rake changes on Stars? Quote
04-05-2011 , 11:52 AM
All those saying lowering rake is better than rakeback, do some calculations before you talk ****, thanks!

edit: i'll help you out a bit, going from 700k vpps a year to SNE is over 100% RB, so if stars were to lower their rake by 30%, somebody planning on just playing enough to get SNE would get less if they played the same amount.

fwiw the rake on normal turbo sngs does need to be lowered, but a SNE chaser has reason to be upset about not knowing what the changes will be.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 12:00 PM
Quote:
Originally Posted by Manhat10ite
I got to say it is pretty unfair of Pokerstars to spring these sorts of changes on us, especially mid year. Some of us may be planning on going for SNE later on in the year so are building up VPPs now for the time we decided for the time we decide if we want to pursue it further. A change in RB could radically change our plans. I do understand lower rake also has its benefits. Seems like you should dance or get off the floor.
Classic post. They should just make a $50+50 sng so you can make SNE faster I guess.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 12:17 PM
thats suck
Sit and Go rake changes on Stars? Quote
04-05-2011 , 12:17 PM
Quote:
Originally Posted by FDSaussure
Classic post. They should just make a $50+50 sng so you can make SNE faster I guess.
Funny how all these random micro players are trolling an understandable post from a respected player.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 12:21 PM
Quote:
Originally Posted by Joshfan
Funny how all these random micro players are trolling an understandable post from a respected player.
You're an idiot, as well as people complaining about lowering rake.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 02:18 PM
Im just excited and waiting for the time when the big sites finally realize that to keep the games in a healthy running state then the rake needs to be drastically reduced. The happy times for sharks and sites are over. Now we need to move on to the realistic times. 55+1 and thanking you very nicely steve! go on work your magic! make it happen
Sit and Go rake changes on Stars? Quote
04-05-2011 , 02:36 PM
Quote:
Originally Posted by Manhat10ite
I got to say it is pretty unfair of Pokerstars to spring these sorts of changes on us, especially mid year. Some of us may be planning on going for SNE later on in the year so are building up VPPs now for the time we decided for the time we decide if we want to pursue it further. A change in RB could radically change our plans. I do understand lower rake also has its benefits. Seems like you should dance or get off the floor.
Sorry manhat, but GTFO. How can any respectable poker player have this opinion? I'm going for SNE myself via SNGs and am really excited about any kind of lowering of rake.

Agree that it's a bit of a sick slowroll by Stars atm. Would be nice if this was somewhat imminent. I think it can only benefit PokerStars in the long run, so don't see why they don't implement something asap.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 03:57 PM
ROI 0%, just necessary amount of games to make SNE.

20000 x 100+9 - 0$ from games + SNE ~110k rakeback. = 110000$
20000 x 100+4 - 100000$ + 400k vpp (= 40% rb) 32000$ rakeback. 132000$
Sit and Go rake changes on Stars? Quote
04-05-2011 , 04:41 PM
Quote:
Originally Posted by Anssi A
ROI 0%, just necessary amount of games to make SNE.

20000 x 100+9 - 0$ from games + SNE ~110k rakeback. = 110000$
20000 x 100+4 - 100000$ + 400k vpp (= 40% rb) 32000$ rakeback. 132000$
well yeh nobody has any grounds to complain if they lower rake that much, which i hope they do.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 07:21 PM
I would obv like lower rake, that wasn't really my point, I would just like to know sooner than later. If they were to lower it in June and I have 400k VPPs by then, it would hurt my chances to get SNE. I would therefore alter my game selection and number of tables sooner since rakeback is one of the significant variables in my ROI. I might even go back to playing on FTP and a bigger mix of game selection. So for all you haters who think it doesn't matter to a grinder when the announcement is made are just being silly.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 08:07 PM
Lowering rake for 99% just sucks because it's all about you and your SNE quest.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 08:15 PM
I've heard tales about players who wouldn't want the rake lowered because they would lose VPPs. I always thought they were a myth until I read this thread.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 08:40 PM
Quote:
Originally Posted by Sly Caveat
I've heard tales about players who wouldn't want the rake lowered because they would lose VPPs. I always thought they were a myth until I read this thread.
Firstly, nobody in this thread really said they didn't want rake lowered, but reading is indeed hard.

Secondly, do the math yourself, with somebody playing enough playing enough to make SNE, and then redo the calculations with 35% lower rake (including lost value from the next year without 5x multiplier)

Pokerstars has made getting SNE worth a lot that it's not necessarily in a players interest for the rake of their game to be lowered, unless they can still achieve SNE with the lower rake.

but yes i hope pokerstars significantly lowers the rake, $55+$5 sngs are a joke for example.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 08:45 PM
Quote:
Originally Posted by Joshfan
Firstly, nobody in this thread really said they didn't want rake lowered, but reading is indeed hard.
Quote:
Originally Posted by Joshfan
All those saying lowering rake is better than rakeback, do some calculations before you talk ****, thanks!
.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 08:51 PM
Fineeeeeeee. I'll do the math.

assuming a 4 year period.

if stars were to lower the rake by 35%, and the player who was just planning to get SNE (for the 4 years), played the same amount, he would lose over $48000.

I used the numbers from pokerstars site (adding the value of the wcoop ME that it doesnt include)

Yes there is no math in my actual post, but my numbers are almost definitely correct.

My point was lowering rake isn't necessarily beneficial for 100% of players simply because of the enormous benefits of SNE.
and more to the point above, the changes should be made early in the year, not even SNE chasers could really complain about lower rake if they just announced it at the beginning of the year so people could plan for it.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 09:22 PM
It would be such an enormous benefit to 99.9999% of the players, that your argument is absurd. Even the subset of SNE players would benefit greatly, as almost all of them will just play the extra amount to still get SNE, and some of them were going for 1.25mil or 2.5mil and it will work out perfectly. I'm SNE btw.
Sit and Go rake changes on Stars? Quote
04-05-2011 , 10:23 PM
another thought is if rake was lower more people who are breakeven or lossing slightly now would ahve better rois and that would encourage the games at higher limits to run more frequently imo. e3ventually this will make it the eutopia situation of high stakes sngs running frequently with lower rake so increased rois but enough rake to keep sne chasers interested

hell even the fish that play a moderate volume will notice taht the holes in their pockets are not quite so deep and will be more enclined to dabble in the high stakes scene

its a win win all round with stars sacrificing a huge windfall of cash now but a prolonged life of cash returns in the future
Sit and Go rake changes on Stars? Quote

      
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