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Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets

10-30-2014 , 08:29 PM
do you pay more rake if you're in a pot HU on a 6max table? like on zoom? 6 players at the table, only 2 players postflop, was is $0.50 before or $2.80 at mid stakes?
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:31 PM
Yeah, just mention few post back recreational players dont start SNG either...all forms of sng are first sat by regs.
In my higher stake games all but one reg sits down and waits for one recreational player!
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:40 PM
Them also killing of the "Battle of the Planets" the same time these rake changes are anounced, is another way of telling us f-off.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:44 PM
Quote:
Originally Posted by Pop.
All this bull makes no sence to me...zero.

After much thought I am convinced that this is good for no one, including poker as a game and even including PS as a company!

Hypers, KOs, hyper satellites...SNGs in general...MTTs, Cash.....actually, it seems as if all of online poker is deliberately being destroyed.

Sure, I can understand a company increasing profits on the backs of their most loyal customers, with no moral/human values, strictly looking to increase net profit...this is surely nothing new.
But chasing away you're highest volume grinders seems ******ed and looks like a recipe for destruction.
same to me makes 0 sense like they are purposely GGing themselves
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:50 PM
Quote:
Originally Posted by Carlton Banks

How is 888?
Not good bro, not good!!

Last week the site was a shambles kept getting disconnected mid tournament for hours every night!seems to have been fixed for this week
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:51 PM
Quote:
Originally Posted by Carlton Banks
I see some people claiming party should try to save online poker. Are they not 10x as shady as amayastars? I remember them trying (or maybe they even did) to incorporate horrible changes these past few years to alienate winning players.

How is 888?
Take a peek at the 888 row thread. Even with the changes PS made, they are still lower rake wise than the other sites. Amaya knew this. They were charging a ridiculously lower rake.

The argument you can make is that the other sites are softer. It will be up to the regs now to determine whether the smaller difference in rake is still better than the slightly softer games. Amaya is betting you'll either stay, or come back quickly after exploring the other sub-par competitors.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:55 PM
It always bafiles me when people whine and bitch like everyone on this thread about a company trying to make the most profit possible. Hmmm hello dummies that is the reason why people create companies to make money off of it. Do you think they owe you anything? If you don't like the changes don't play.

Or work really hard to create your own company and give all the peoe you care so much a share of your profits. Which btw you never would if you were a business owner. A bunch if whiny ****ing hypocrites.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:55 PM
From what I read into their response they are making these changes to find a way into the US market. A couple different ways:
1. Raising rake to pay for battling folks like Sheldon Adelson
2. Using that money to pay lobbyists
3. Using that money to pay fees/taxes required by the government once accepted
4. Raise the revenues on their books to make them a more viable legit company in the eyes of wall street and the US in general.

Any reference to players or gameplay is not truthful. They only mention it because they know there would be an uprising.

I figure the corporate guys and the board looked at the numbers thinking they may lose a few players short term but if it gets them into the US their player pool wil easily triple long term.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:55 PM
I wish raidalot wanted to represent poker community in courts. What a brilliant post!
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 08:59 PM
Quote:
Originally Posted by rounder63
(4) For those who are really pissed and have the time/energy, contact the anti-trust authority in your country. (The body whose job it is to protect consumers from monopoly abuse). Tell them one company has become dominant in the industry and, having reduced the completion to an ineffective level + bought and run down the number 2 player, and despite making exceptional margins (38% EBITDA margins) on the business already, is squeezing its customers (you) even harder. They have the power to make PS adopt fair practices and/or split itself (eg sell Tilt to a real competitor). Even if they don't take short term action Ican guarantee that if they start sniffing around PS/Amaya will be very careful about doing anything else.

EVERYONE DO THIS
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:01 PM
Quote:
Originally Posted by say1timeillshanku
It always bafiles me when people whine and bitch like everyone on this thread about a company trying to make the most profit possible. Hmmm hello dummies that is the reason why people create companies to make money off of it. Do you think they owe you anything?
Unless they are breaking the law.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:04 PM
Quote:
Originally Posted by BadSeed
Unless they are breaking the law.
How is pokerstars breaking the law?
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:05 PM
Quote:
Originally Posted by say1timeillshanku
It always bafiles me when people whine and bitch like everyone on this thread about a company trying to make the most profit possible. Hmmm hello dummies that is the reason why people create companies to make money off of it. Do you think they owe you anything? If you don't like the changes don't play.

Or work really hard to create your own company and give all the peoe you care so much a share of your profits. Which btw you never would if you were a business owner. A bunch if whiny ****ing hypocrites.
bro, you're a stupid mother ****er. pokerstars owe us everything. they wouldn't have been what they are today if it wasn't us, the players.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:06 PM
Problem with the argument ; `Amaya is doing all this to comeback in US market `

Is that if amaya go back usa, it will be ps.us , and 80% of current players on stars will never play vs usa people..

Correct me if i am wrong!
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:10 PM
You're the idiot sorso. Get a job and get a fn clue how the real world works seriously
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:11 PM
Quote:
Originally Posted by sorso
bro, you're a stupid mother ****er. pokerstars owe us everything. they wouldn't have been what they are today if it wasn't us, the players.
Lmao. So you the player put the capital to create pokerstars? Because a business is nothing but an idea without capital.

You thinking you made anything is laughable. You think you made apple too? You think you made microsoft? You are just a consumer. And more of you are born everyday. You are disposable. Lmao at this kid thinking he made any thing.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:11 PM
Quote:
Originally Posted by clutchman
I mean I could be totally wrong and please correct me if I am. But doesn't other sites still take atleast the same if not more rake than stars? And there's alot of people winning over there even though that's the case?

I mean ofc everyone here think it sucks, anything else would be out of the question. We're not going to win as much money, period. But I mean to say it's the end of online poker and that it's all over, ur gonna quit and what not. I mean come on. It sounds like you're all a bunch of spoiled kids that's never had a real job. This is the reality of the world we're living in. Conditions for workers gets worse and worse while the big man gets even more money, that's how it works out in the real world. Why should it be different for you?

The terms have been quite ****ing good for a long time and if this makes it so that you can't be profitable anymore then maybe it's about time that you started doing something else.

I read that alot of people say that the rec players won't even notice the changes and that they're doing this to get more rec players in the game. Well that should only help you shouldn't it? I don't know.. I just feel there's alot of bs from alot of people here, you're ****ing naive to think that things will always stay the same.

I get that everyone is mad, that's totally understandable. I agree that they have not handled this in a good way and I don't necessarily agree with the changes. But alot of people were saying some years back that the old players had to adapt to the new game or "go under", and now that it's time for you to adapt and learn how to be profitable with theese new changes you're all like "**** it I'm gonna quit", "I'm withdrawing my broll" and what not. Well go ahead then give up and leave, btw welcome to the world that 99% of the people live in.


TL;DR: Life sucks, learn to deal with it.


Pretty much this
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:12 PM
Quote:
Originally Posted by 7a.m.@hu
Problem with the argument ; `Amaya is doing all this to comeback in US market `

Is that if amaya go back usa, it will be ps.us , and 80% of current players on stars will never play vs usa people..

Correct me if i am wrong!


I wish i could correct you....but unfortunately youre right.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:14 PM
Quote:
Originally Posted by bumpnrun
You're the idiot sorso. Get a job and get a fn clue how the real world works seriously
so, you have a job right? i had a job bitch. what's your point?
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:16 PM
The PSnews twitter account just tweeted something regarding the rake increase and upset players but the tinyurl link does not work as per usual.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:16 PM
Quote:
Originally Posted by sorso
so, you have a job right? i had a job bitch. what's your point?
That you are an idiot who doesn't understand what goes into building a company and somehow feels entitoed as if he had anything to do with their success.

Tl Dr you are an idiot
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:18 PM
Okay, this is actually a little complicated and it's late here, so someone check my math please.

For a $100 hyper sat:

The old structure was 98.04 + 1.96. So a breakeven regular was making $1.96 profit on a $98.04 tourney. That is an ROI of .01999 (1.96/98.04) before the rake is taken out.

The new structure is 96.87 + 3.13, so the same player would make $1.94 (.01999*$96.87) before rake.

So whereas the player was breakeven before rakeback before, now he loses $1.19 per tournament ($3.13 rake - $1.94 profit)

With the old structure, a player has to play 92764 $100s to earn SNE (1000000 VPPs/(1.96 rake *5.5))

With the new structure, a player has to play 58089 (1000000 VPPs/(3.13 rake *5.5))

SNE benefits are around $125,000

125,000/92764= $1.35 rakeback per tournament old structure

125,000/58089 = $2.15 rakeback per tournament new structure

So our breakeven reg makes $1.35 NET per tournament with the old structure

He makes $.96 NET per tournament with the new structure ($2.15 - $1.19)

So a 39 cent drop in NET profit per tournament at the $100 level

For a former breakeven reg, that's a 29% drop ((1.35 - .96)/1.35) in net profit. Of course, for a 1% winner it's a smaller % drop, and for a loser prerakeback, it could be a 100% drop or more, depending on how much you were pulling in. The important number is 39 cents, or a 0.39% drop in ROI.

For comparison, if you played the same 92764 $100 tournaments required this year to get SNE, you would lose $36177 (.39 per tourney) under the new structure. So the "SNE volume" that regs are used to would net you approximately $88823 this year instead of $125,000

Last edited by Sly Caveat; 10-30-2014 at 09:26 PM.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:20 PM
Quote:
Originally Posted by say1timeillshanku
Lmao. So you the player put the capital to create pokerstars? Because a business is nothing but an idea without capital.

You thinking you made anything is laughable. You think you made apple too? You think you made microsoft? You are just a consumer. And more of you are born everyday. You are disposable. Lmao at this kid thinking he made any thing.
any bussines without consumers is equal to 0 bro. i don't care how much money you invest in a company. if the consumers don't buy your product you're doomed. trust me, there are a lot of companies out there that lost their customers because they wanted to make a lot of money in a short period of time, selling poor quality products. have a look at nokia.

Last edited by sorso; 10-30-2014 at 09:41 PM.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:20 PM
Quote:
Originally Posted by say1timeillshanku
How is pokerstars breaking the law?
By abusing their monopoly.

Quote:
What is the underling philosophy now? Does management consider that its not enough for the company to make $420m profit (EBITDA) on its $1100m revenues and so you have to squeeze even more out of the players?
Quote:
For those who are really pissed and have the time/energy, contact the anti-trust authority in your country. (The body whose job it is to protect consumers from monopoly abuse). Tell them one company has become dominant in the industry and, having reduced the completion to an ineffective level + bought and run down the number 2 player, and despite making exceptional margins (38% EBITDA margins) on the business already, is squeezing its customers (you) even harder. They have the power to make PS adopt fair practices and/or split itself (eg sell Tilt to a real competitor). Even if they don't take short term action Ican guarantee that if they start sniffing around PS/Amaya will be very careful about doing anything else.

Your authority is listed here: http://en.wikipedia.org/wiki/Competition_regulator
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote
10-30-2014 , 09:23 PM
Quote:
Originally Posted by BadSeed
By abusing their monopoly.
How do they have a monopoly when they are not in one of the biggest markets in the world the usa. Their competitors like party are. And they are pulling from other markets? Lmao do you know what a monopoly is or do you just Google and link Wikipedia links? Ao at these morons. Learn a thing or two about the real world.
Announcement:  PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets Quote

      
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