Announcement: PokerStars Changes to Rake, Spin & Go Prizes, and Battle of the Planets - Page 49 - Internet Poker

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

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01-05-2015 , 01:07 PM

#1201

i1i1i1i1i1i1i1i1i1

stranger

Join Date: Jan 2015 Posts: 11

Quote:

Originally Posted by TimStone

Not yet but teh promo will run as long until somebody does

tim stone confirmed spin n go grinder?

Quote

01-05-2015 , 02:42 PM

#1202

Lifetimetilt

newbie

Join Date: Nov 2014 Posts: 15

Are all these changes removed now?
I just noticed that rake cap in hu cashgame is 50 cent instead of 1 dollar now, hu hyper sng rake is as it was before the change and sng hypersatellite rake was not raised.

Quote

01-05-2015 , 03:01 PM

#1203

Uhrenknecht

Pooh-Bah

Join Date: Oct 2010 Posts: 3,896

mtt hypers also reduced back to normal. good start of the year so far. sne anyone?

Quote

01-05-2015 , 03:28 PM

#1204

Arquerito

enthusiast

Join Date: Mar 2014 Posts: 63

KO mtts and KO sits also back to normal

Quote

01-05-2015 , 03:37 PM

#1205

Mentality135

adept

Join Date: Jul 2011 Posts: 921

It'll be cruel when we realise this is all a mistake

Quote

01-05-2015 , 04:02 PM

#1206

djle2

old hand

Join Date: Apr 2011 Posts: 1,921

everyone go play 5 dollar SPnG's now. Its due to hit...Am I right....

Quote

01-06-2015 , 03:42 PM

#1207

PhilIsWrong

newbie

Join Date: Jul 2014 Posts: 48

Wow, thats really good news!

Quote

01-06-2015 , 03:44 PM

#1208

22riverrat22

veteran

Join Date: Jun 2007 Posts: 2,447

rake was too high in a number of formats variants in july before everyone went into panic mode tho

how quickly we forget

Quote

01-07-2015 , 05:46 AM

#1209

Hypnocritcal

stranger

Join Date: Dec 2014 Posts: 4

Quote:

Originally Posted by Rufus the Jew

Some random guy making his 1st post on 2p2 with a list... Im sure stars management will be all over this post

Not sure I follow the logic; to be frank; making an account on the forum would indicate that I felt it worth my time to actually tell them my thoughts; and this is my avenue to do so. Basically im telling you to go **** yourself nicely in case you cant understand and are clearly not big on logic and implication and would rather flame random people for almost no purpose.

Quote

01-07-2015 , 02:59 PM

#1210

22riverrat22

veteran

Join Date: Jun 2007 Posts: 2,447

Quote:

Originally Posted by Hypnocritcal

Quote

01-08-2015 , 09:10 AM

#1211

kekshtas

enthusiast

Join Date: Apr 2013 Posts: 55

nice bluff about the HU rake

Quote

02-04-2015 , 11:21 PM

#1212

elfontanez

newbie

Join Date: Dec 2014 Posts: 23

Dumb question but how do you read the bottom two tables. I understand in the top table of the 1.50 buy in 6 cents goes to rake, but in the bottom table of a 1.50 buy in does 1.08 go to the first prize .27 go to the second prize and .15 go to rake? Am I reading that right?

Details and Examples of Changes

Sit & Go

Quote

02-04-2015 , 11:53 PM

#1213

rakemeplz

Carpal \'Tunnel

Join Date: Feb 2006 Posts: 11,990

That's for the knockout tournaments...I think its 1.08 goes to the prize pool .27 goes to the knockout prize pool and .15 is the rake. Then they modified it to .18 rake. I could be wrong and I dunno how those things work.

Found this:

"In a knockout tournament, every player pays an extra buy-in, which serves as that player’s bounty. For example, a knockout tournament might have a total buy-in of $20+$5+$2, of which $20 goes into the regular prize pool, $5 is each player’s bounty, and $2 is the tournament fee."

Quote

07-31-2015 , 07:44 AM

#1214

slotspill

Guest

Posts: n/a

any changes?

Quote

05-18-2016 , 02:48 PM

#1215

ChanY

old hand

Join Date: Aug 2014 Posts: 1,417

Quote:

Originally Posted by raidalot

Some questions for you Steve:

(1) Will you be sending proper notice of this to all players or will PS be taking the sneaky 2+2 only approach like you did on introduction of FX charges (so most players never hear about it)?

(2) 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?

(3) Has anything that's happened recently caused you to pause and consider your position at Stars?

C'mon you guys. One of you needs to step up to this challenge/opportunity. Players are pissed and want somewhere to move to. Offer some bonuses, increase the guarantees, invest more in the s/ware again, add a few servers. One of you has the chance to take over leadership if you're willing to take a view and invest now.

PS used to talk to us like with some integrity and respect. Now its all corporate BS spin.

JK I know, but they have increased MTT fees overall pretty badly, but mostly in more back-door ways: increased proportion of turbos (with rake same as regular tourneys), weighted guarantees towards the turbos etc, introduced faster formats like spin & go (which is dice-rolling, not poker), switched from rebuys (zero rake on rebuys) to re-entries (full rake), doubled rake on hypers, ... [watch this space]

What can be done?
Well there's no magic answer - they're doing these things because they can - its basically monopoly abuse. But there are a few things to think about which all help a bit:

(1) Play less on PS and more elsewhere - that will help other sites step up to create a more competitive business (= good for players).

(2) When people ask you where to play, recommend a different site.

(3) If you're a player in the media then say what you think about this when you're interviewed.

(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.

Your authority is listed here: http://en.wikipedia.org/wiki/Competition_regulator

(5) If you're a member of the PPA, tell them you want them to adopt a policy of lobbying for US deregulation without allowing Stars back in for period (eg 10 years) as that is now in the interests of the players. (Sadly I already know what PPAs answer will be but it won't hurt to make the point).

(6) Support actions like mass sit-outs. Don't just expect everyone else to do it or take a short-term view.

(7) When PS next send you one of those surveys, say what you think.

(8) If the other sites make some serious efforts to build their biz then support them.

So the thread doesnt get closed, is there any savior? Will some company offer something better so that regs will switch? What can the players actually do? Are we do ****ed?

Quote

05-18-2016 , 04:37 PM

#1216

Sect7G

Carpal \'Tunnel

Join Date: Jun 2009 Posts: 11,234

Quote:

Originally Posted by ChanY

Old post but definetely deserves its own thread, this isn't a random pleb talking its Talal ****ing Shakerchi if anyone knows anything about anything it is him. And he thinks Stars is ****ing up big time; and this is before stars went completely ****ing nuts and pissed down theyr own company pants. Sure feels good as hell at first but then, yeah you just pissed your own ****ing pants.

So the thread doesnt get closed, is there any savior? Will some company offer something better so that regs will switch? What can the players actually do? Are we do ****ed?

Unfortunately his questions likely weren't answered because Pokerstars doesn't feel the need to respond to its customer base. There's not much anyone can do to change Pstars' mind besides moving our business to another site or if Talal really feels strongly about the issue I'm sure he could open or invest in his own site. (Please do as I know just the site he'd make a killing on while expanding pokers reach in a big way to new audiences

)

Quote

05-18-2016 , 04:45 PM

#1217

39suited

But it was suited

Join Date: Feb 2008 Posts: 8,189

Guess it isn't as bad as Talal keeps playing there. Didn't he just FT a SCOOP event?

They would probably not look as bad now if all other competitors wouldn't have consistently shot themselves into the own feet over and over again.

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05-29-2016 , 03:43 AM

#1218

PrsHarlequin

grinder

Join Date: Oct 2012 Posts: 655

So where you think he should have played SCOOP-H HR that he recently won, Intertops ?

Quote

07-18-2016 , 07:37 AM

#1219

anuj22

veteran

Join Date: Feb 2014 Posts: 2,178

14:15 $1.10+R which used to have $30k+ gtd just few months ago now have $7.5k gtd

so stars rep, what do you think that led to this tourney's downfall? Surely not rake right?

And how come 15 mins timebomb tourneys have 10% rake? Why would you call timebomb tourneys turbos? Just because they have 5 mins time level doesn't mean they play as turbos. They are Hypers. So please rake them accordingly!