Quote:
Originally Posted by PokerStars Steve
Battle of the Planets conclusion
Speaking of the Battle of the Planets, here is the plan for redemption of outstanding tickets. Keep in mind that those who were earning multiple tickets a month and/or stockpiled large numbers could never reasonably expect to redeem all of their tickets. There was never a promise to run this promotion indefinitely, nor was there ever an opportunity or promise of redemption of more than one ticket per month.
First ticket pays $70
Second ticket pays $50
Third ticket pays $35
Fourth ticket pays $25
Fifth ticket pays $20
No compensation for >5 tickets.
Prize total for 5+ tickets: $200
I have a problem with Pokerstars' thought process. As a person with three unused tickets, I feel that I am getting screwed pretty badly. The amounts you are proposing is a lot less than what tickets are worth on average, which is $100.
We should not be penalized because some of us cannot play on Sundays or have "too many" tickets. The fact that this potential change is being announced in December is sudden (there have been rumors in the past of potential change, but nothing put on the table like this). This would mean that for the second time in two years, Pokerstars is making a
drastic change at the last minute (VPP calculation method was changed at the last minute last year at around this time).
These kind of changes require reaction time from members of the affected party like myself. In my opinion, if you're going to implement the proposed changes starting in Jan 1st, you should continue the Monthly BOP shootout for the next 2+6 months (
not 2 months). Any tickets not used at this time will be worthless, and this will represent a very, very small segment of the ticket holders.
Quote:
Originally Posted by PokerStars Steve
Players would have 2 months to opt-in to redeeming their tickets in the client. Unredeemed tickets would be expired after two months. Significant effort would be undertaken to notify players with tickets of their opportunity to redeem them.
As mentioned above, two months is nowhere enough time for a change of this magnitude.
Quote:
Originally Posted by PokerStars Steve
Based on expected redemption rates, players would receive $290,000 in prizes for their outstanding BotP tickets.
This would result in an additional $300,000 being paid, $10,000 more than the $290,000 you are expecting to pay.