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Rake Discussion Thread Rake Discussion Thread

11-08-2017 , 08:05 AM
PLEASE LOWER THE RAKE! THANK YOU IN ADVANCE.
11-08-2017 , 01:09 PM
bump
11-08-2017 , 04:10 PM
Quote:
Originally Posted by splayaa
I think everyone here can agree we all want to see people take the $2 and run it up into a decent bankroll and then take down some major tournament. Make that $48 into $4800, that is what I say.
Slight brag and maybe my first post on 2+2. Turned the $2 into a little over 5k at the moment. Started at the lowest 6max NL and slowly grinded up the levels. 100k+ hands over about 8 months with some mtt's peppered in along the way.

Now let's see if this posts properly.

Oh and bump for lower rake yo.
11-08-2017 , 05:06 PM
My comment got deleted in the general questions thread asking them about where their rake is posted on their website. I can't find it and if it is still not posted after they sneakily raised it on us then that is pathetic. I will keep bumping this thread so that any 1 post new members see how much they are getting ripped off.

Last edited by Rutledge Smitty; 11-08-2017 at 05:07 PM. Reason: Yes this is all I think/care about before I get some Negreanu clone asking me
11-08-2017 , 06:07 PM
Quote:
Originally Posted by godrunslikeme
Slight brag and maybe my first post on 2+2. Turned the $2 into a little over 5k at the moment. Started at the lowest 6max NL and slowly grinded up the levels. 100k+ hands over about 8 months with some mtt's peppered in along the way.

Now let's see if this posts properly.

Oh and bump for lower rake yo.
Hey, that is fantastic, well done. I don't have a bankroll where you do for sure, but I am also on my original $2 still. I think stories like yours are fantastic, and Global should pick them up and run with them. Its been a long time since we have seen some major poker players say "Well I started out playing freerolls, and just kept winning, and now I am here". Hopefully that will be your story.
11-08-2017 , 06:09 PM
Quote:
Originally Posted by Rutledge Smitty
My comment got deleted in the general questions thread asking them about where their rake is posted on their website. I can't find it and if it is still not posted after they sneakily raised it on us then that is pathetic. I will keep bumping this thread so that any 1 post new members see how much they are getting ripped off.
That is interesting that it got deleted, I figured they moved it to this thread. Maybe it got moved to some other thread? I would check your history to see if it shows where it may have gone off too. And maybe it was just deleted which like I said is interesting, and not in a good way.
11-08-2017 , 06:53 PM
Hey guys, firstly I just looked in General Questions and saw your comment was still there. Ironically I considered moving it because it was OT when we have a dedicated rake thread but considering conversation hadn't blossomed around it I left it.

Secondly, the rake is currently not listed on the website. We are currently in the process of rebuilding our website, we had hoped it would be up by now but has taken a little longer. This should be released soon and will have a range of new content on there.

We have posted the rake in this thread quite recently and have it accessible to any player who asks.

Thanks
11-09-2017 , 02:34 PM
Let me help you out here Global (Joey, I realize you don't make the calls on this so just something to pass along to your bosses):
1. Go to edit your FAQ
2. Enter a new title "What is our rake?"
3. Type under it "we pride ourselves in having the highest rake out of any online poker site in the world (not just limited to the US). We are trying our best to kill off our games as quickly as possible. We also enjoy having our so called regs not table start preferring to limit the amount of tables we rake."

Like honestly adding your rake is such a simple task and shouldn't wait for your website "re-design". This is unprofessional at best and probably more on the shady side at this point considering in the past you raised the rake without telling anyone.

You're welcome
11-10-2017 , 06:43 AM
Quote:
Originally Posted by Rutledge Smitty
3. Type under it "we pride ourselves in having the highest rake out of any online poker site in the world (not just limited to the US). We are trying our best to kill off our games as quickly as possible. We also enjoy having our so called regs not table start preferring to limit the amount of tables we rake."

Like honestly adding your rake is such a simple task and shouldn't wait for your website "re-design". This is unprofessional at best and probably more on the shady side at this point considering in the past you raised the rake without telling anyone.

You're welcome
What is your evidence that Global is "trying our best to kill off our games as quickly as possible?" Do you have ANY evidence that fewer people are playing ring games on Global than, say, a month ago? If you have no such evidence, then your statement is just plain stupid. (If you DO have evidence, then I'M just plain stupid.)

edit: I'm stoopid either way, come to think of it
11-10-2017 , 08:14 AM
You are stupid if you can't understand how higher rake/regs not being willing to start games kills a site.
11-10-2017 , 09:23 AM
Meh I start games all the time and they fill quite quickly TBH, but the rake is still too high.
11-10-2017 , 01:24 PM
Rake seems fine given games run and nits run scared
11-10-2017 , 01:28 PM
Why would you speak if you think the rake is not too high? The only thing you are doing by saying "Rake seems fine" is giving them the green light to take more money from you than they should. You are only shooting yourself in the foot by doing this. You are better off keeping quiet.

Short-handed rake is way too high. Even at live games I can get rake reduction to $1 if less than 6 players.

In general, rake is too high on GP.
11-10-2017 , 01:32 PM
If it scares away nits it's better for me probably.

PS They aren't going to care about one post that is lost among all of the bumps.
11-10-2017 , 02:55 PM
Quote:
Originally Posted by Rutledge Smitty
You are stupid if you can't understand how higher rake/regs not being willing to start games kills a site.
1. I'm stoopid. I admit it.

2. Why did you ignore my question? What is your EVIDENCE (not opinion) that the high rake is "killing" Global. I'm not saying you're wrong, I'm just one of those unreasonable weirdos who likes to see claims backed up by evidence.
11-10-2017 , 03:10 PM
Quote:
Originally Posted by lagtight
1. I'm stoopid. I admit it.

2. Why did you ignore my question? What is your EVIDENCE (not opinion) that the high rake is "killing" Global. I'm not saying you're wrong, I'm just one of those unreasonable weirdos who likes to see claims backed up by evidence.
I will answer this...

For every $1 a site increases rake, a 20% or more decrease in players winrates occurs. If you were break-even, you now become a ~-2.5bb/100 losing player. At 400NL 2.5bb/100 means you are losing an extra 5bb/hour while playing 4 tables. 5bb/hr at 400NL means a player who used to be break-even before the $1 increase now becomes a player that is losing $20/hour.

I would like to note that most players are already losing or near break-even. Take that into account and the economy can sustain itself for a little while but will eventually bleed itself to death.
11-10-2017 , 03:43 PM
Quote:
Originally Posted by yourgfmyrailbird
I will answer this...

For every $1 a site increases rake, a 20% or more decrease in players winrates occurs. If you were break-even, you now become a ~-2.5bb/100 losing player. At 400NL 2.5bb/100 means you are losing an extra 5bb/hour while playing 4 tables. 5bb/hr at 400NL means a player who used to be break-even before the $1 increase now becomes a player that is losing $20/hour.

I would like to note that most players are already losing or near break-even. Take that into account and the economy can sustain itself for a little while but will eventually bleed itself to death.
Thank you for your response.

Unfortunately, I'm still waiting for EVIDENCE that fewer players are playing ring games on Global than, say, a month ago. As long as more players are playing than before, then the claim that "the rake is killing the site" is empircally false.

If the number of players goes down in the future (of if the existing players play less often), then the claim becomes true.

Again, I'm not saying that the high rake won't maybe a some point kill the site. I would just like to see the evidence that it is happening right now.

Have a blessed day.
11-10-2017 , 04:10 PM
Quote:
Originally Posted by Tizull
Meh I start games all the time and they fill quite quickly TBH, but the rake is still too high.
What stakes? I will sit 2/4, 3/6, 5/10 plo without it filling at all all the time now. Used to have no problem getting 6+ 2/4 going.

Quote:
Originally Posted by OnMyGrizzy
Rake seems fine given games run and nits run scared
Enjoy paying more rake...

Quote:
Originally Posted by yourgfmyrailbird
I will answer this...

For every $1 a site increases rake, a 20% or more decrease in players winrates occurs. If you were break-even, you now become a ~-2.5bb/100 losing player. At 400NL 2.5bb/100 means you are losing an extra 5bb/hour while playing 4 tables. 5bb/hr at 400NL means a player who used to be break-even before the $1 increase now becomes a player that is losing $20/hour.

I would like to note that most players are already losing or near break-even. Take that into account and the economy can sustain itself for a little while but will eventually bleed itself to death.
Exactly

Quote:
Originally Posted by lagtight
Thank you for your response.

Unfortunately, I'm still waiting for EVIDENCE that fewer players are playing ring games on Global than, say, a month ago. As long as more players are playing than before, then the claim that "the rake is killing the site" is empircally false.

If the number of players goes down in the future (of if the existing players play less often), then the claim becomes true.

Again, I'm not saying that the high rake won't maybe a some point kill the site. I would just like to see the evidence that it is happening right now.

Have a blessed day.
Have had people straight up type in chat that they aren't playing 3 handed because the rake is too high thus breaking the games. Sure more players can keep coming and they will be run through at a quicker rate with the rake how it is with being less likely they will redeposit. This won't last forever as the US market of poker players willing to give a rando facebook site money is not infinite.
11-10-2017 , 04:15 PM
this site isn't going anywhere right now. its still in the honeymoon phase, and lotsa new money is coming in constantly (I don't know this, but I assume it). a site will bleed itself to death after it matures, potentially. the short-handed rake is way too high, but its only going to have an impact on those who play shorthanded exclusively (for the most part), and may dissuade some from starting tables or playing while under 6 or so. the thing is, there are multiple reasons why global can get away with this: they have few direct competitors (a reason they aren't fixing their software as well imo), there are many recs who don't worry about rake, there are new players all the time, etc.

I applaud those trying to get the sh (or any) rake lowered tho, all that said.
11-10-2017 , 04:53 PM
"What stakes? I will sit 2/4, 3/6, 5/10 plo without it filling at all all the time now. Used to have no problem getting 6+ 2/4 going."


PLO 100 and PLO 200
11-10-2017 , 07:11 PM
Quote:
Originally Posted by Rutledge Smitty
Have had people straight up type in chat that they aren't playing 3 handed because the rake is too high thus breaking the games.
Good point, because no one ever lies in chat.

This is absolutely what I would say if it was two good regs that I knew had me outmatched. "Sorry guys, rake is too high to play 3 handed."
11-10-2017 , 07:41 PM
You know nothing
11-11-2017 , 02:00 AM
Quote:
Originally Posted by Rutledge Smitty
You know nothing
Another solid point.
11-11-2017 , 08:37 AM
Quote:
Originally Posted by Rutledge Smitty
You know nothing
Is it just me imagining things, or is this really one of the most ironic posts ever made?

edit: OK, it's just me. But still, Splayaa is one of the most knowledgeable posters in the Global forum, and if you don't see that you're a <blankety> <blank>.
11-11-2017 , 10:28 AM
You know nothing either. Enjoy your higher rake boys

      
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