First of all wanted to thank all the reps for their hard work. Seems like a pretty intense group of sessions, a lot of time involved, little gain on your parts, and you're clearly looking out for the best interests of the poker community. Thanks a lot.
I was really curious how you all came about this figure:
Quote:
Rake Revenue
The change from dealt to weighted contributed rake gave PokerStars an increase in cash game revenue of about 1.5%.
This seems incredibly low to me as many regs have recorded 20%+ drops in VPP (your group says 14%) rate. There are also 3 major factors which lead me to believe this number is in fact much higher:
1. There will be much fewer cash game regs reaching SNE but will still put in a lot of volume so eventually they will be producing a ton of rake but not getting as much rakeback.
2. A lot of players with much lower FPP multipliers are now getting more VPPs but they don't get nearly as many FPPs.
3. A lot of the players now getting distrubted these FPPs will go broke before spending them, or spend them on items which are massively +EV for Pokerstars.
I also really don't know what this 1.5% means. Does it mean only 1.5% fewer VPPs are handed out? How can stars possibly already know that this will result in a loss of overall profit from cash games of 1.5%? It's been one month... and all SNEs that were able to get SNE are still SNE so far.
It seems like this number is impossible to know if we are talking about overall profit.
Last edited by Bluegrassplayer; 01-28-2012 at 08:25 AM.