Quote:
Originally Posted by ChrisV
iPoker makes its profits from losing players. If losing players are attracted to the network, winning players follow and the games flourish. On the other hand, skins make their profit from winning players, because they play more hands than losing players and therefore generate more in rake for the skin. So a lot of skins were concentrating on attracting winning players (often stealing them from other skins) via providing good rakeback deals, rather than attracting new losing players to the network via marketing, etc. The fines iPoker are imposing are an attempt to correct the misaligned incentives, a pretty good attempt iyam. Rakeback deal wars between skins are also bad news for iPoker in that having to provide astronomical rakeback percentages makes owning a skin less valuable and therefore limits what iPoker can sell one for.
Thanks, this makes more sense. Still, kind of reminds me of that thread started a while ago, something like; 'What's the best (most profitable) game for the poker site: six regs playing constantly, or six fish?" I wont go into it because I really don't know and the thread was mostly full of guesswork.
I sort of look at like this; each player is simply a black box that generates $X rake, regardless of their net profit. It seems common sense that when the pool of below average players decreases, the pool of above average players will too - I'm just technically interested in the nifty formula they used to come up with their winner/loser ratio business plan.
I guess it's good the network is actively engaged in attracting new (losing?) players. I can't imagine this conversation happening four years ago though.
Quote:
Originally Posted by ChrisV
I don't get this. Are you saying this is not ethically OK? It's publicly available information.
No, I don't mind, just thought there were rules ITT about talking about specific players results/strategy etc. But yeah you're right, PTR can't really be off-limits.