Quote:
Originally Posted by jambony
Global removed 10/20 because a few players were taking too much money off the site. Look at the numbers on the 10-20 nl winners chart - the plo numbers were much higher.
=) it's true
Even if you don't agree with their decision it's understandable from a business perspective. Sites want player funds to cycle through the games and continue paying rake rather than going straight to a few large winners who then withdraw and never deposit. The economics are especially bad for gray-area sites like global that almost certainly face higher deposit/withdrawal processing costs than other businesses and need a greater % of that money to come back to them as rake to clear a profit.
It wasn't removed because of "bum-hunting"; there was far more hu/3h at 10-20 plo than at any other stake. Other sites have removed high stakes for the same reason. They're not going to bring it back with lower rake - they'd have the same issue they had before.
This is all true.
(I finally quit the site 2 months ago)
The problem is they've set the rake too high at the next highest stake (5/10) such that it's foolish to start games. The cherry on top is most of the 10/20 recs quit shortly after the removal instead of moving down to 5/10. If the goal was to kill PLO at any reasonable stakes and get the few biggest winners to quit the site, they've at least succeeded at that part.
Plenty of other sites still have high stakes (much higher than 10/20), lower rake, actual rakeback, etc. Experimenting with changes seems like a worthwhile pursuit at this stage, given how much the traffic has fallen off/moved to other sites.
Last edited by Two SHAE; 09-23-2019 at 11:47 PM.