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Pokerstars should have seperate business models for regs/recs Pokerstars should have seperate business models for regs/recs

12-04-2015 , 08:45 AM
Quote:
Originally Posted by Somtum2
They are still small so they value regs to keep the games going but as soon as their player base reaches a sustainable number, they have literally every reason to hike rake and slash rewards from the high volume players down (a la Pokerstars).
So the people who moved there because of low rake will just stay when it goes up, because people are dumb? The rewards are already relatively flat for amounts you can actually play. They have already said they are looking at taking the top end rewards down though if too many people actually start reaching them.

I am just about reaching the stake levels at which MPN is lower rake than Unibet and I'll be gone straight away when that happens unless Unibet lowers them further. That's market forces.
Pokerstars should have seperate business models for regs/recs Quote
12-04-2015 , 01:00 PM
Quote:
Originally Posted by LektorAJ
So the people who moved there because of low rake will just stay when it goes up, because people are dumb?
The recreational players didn't go there because of cheap rake and will stay there after rake-hikes because they are generally rake-insensitive due to being ignorant of the effects of rake, not because they are dumb. Winners with large enough edges to beat the rake increases will also stay as they still make money.

Quote:
I am just about reaching the stake levels at which MPN is lower rake than Unibet and I'll be gone straight away when that happens unless Unibet lowers them further. That's market forces.
Rake pricing controls the flow of regs in the market to some degree, but has little to no affect on the flow of recreational players. A site with enough players will not mind losing some regs from their site as they are not needed to keep games running, they withdraw money from the economy, and make the games tougher for net-depositing players.
Pokerstars should have seperate business models for regs/recs Quote
12-07-2015 , 10:11 AM
Quote:
Originally Posted by Somtum2
Unibet is growing because:

1. There is currently a market for rec-friendly sites.
2. they are advertising a ton.
3. they are rewarding most players at a loss to the company.
4. they are still relatively new and have a very low reg ratio.
2 isn't true for poker - the sportsbook advertise a ton, but that's it. 3 isn't true at all, we make money at poker. We do pay out greater total rewards than most sites, but it isn't at a loss. We've also been offering poker for 10 years so I'm not that worried about 4.

Quote:
Originally Posted by Somtum2
They are still small so they value regs to keep the games going but as soon as their player base reaches a sustainable number, they have literally every reason to hike rake and slash rewards from the high volume players down
Well, I want to eventually change the loyalty scheme to be more about rewarding losers than only rakers. I'd like to take some away from the top end and pay it out to losing players instead. I don't know if that counts towards your theory as it's for site ecology reasons.

Quote:
Originally Posted by LektorAJ
I am just about reaching the stake levels at which MPN is lower rake than Unibet and I'll be gone straight away when that happens unless Unibet lowers them further. That's market forces.
Quote:
Originally Posted by Somtum2
Rake pricing controls the flow of regs in the market to some degree, but has little to no affect on the flow of recreational players.
I agree with Somtum2 on this one though - I don't think many people realise what the rake is. We have low microstakes rake because I think it helps enough with churn, and it's where a lot of our new players will start out.
Pokerstars should have seperate business models for regs/recs Quote
12-07-2015 , 11:42 AM
Unibet you are a great site, and your presence on this forum is very much appreciated Andrew.

I just wish you guys wouldn't bumhunt sports bettors. Yah if you are a drooler you can bet what you want but any signs of intelligence at all and limited to joke stakes .
Pokerstars should have seperate business models for regs/recs Quote
12-07-2015 , 11:57 AM
Quote:
Originally Posted by SootedPowa
Unibet you are a great site, and your presence on this forum is very much appreciated Andrew.

I just wish you guys wouldn't bumhunt sports bettors. Yah if you are a drooler you can bet what you want but any signs of intelligence at all and limited to joke stakes .
I pretty much agree, I don't like it either. It's standard practice for most sites though, except for Pinnacle etc. But I have no control over that I'm afraid (and nor am I likely to if I make this kind of post
Pokerstars should have seperate business models for regs/recs Quote
12-07-2015 , 12:02 PM
Quote:
Originally Posted by UnibetAndrew
I pretty much agree, I don't like it either. It's standard practice for most sites though, except for Pinnacle etc. But I have no control over that I'm afraid (and nor am I likely to if I make this kind of post
Fair play Andrew. I think there is probably a fair middle ground. Keep up the good work on the poker side, great site.
Pokerstars should have seperate business models for regs/recs Quote

      
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