Hi all -
Last batch of Q/A's for a while. Thank you so much for the questions and your patience and understanding when I can't (or won't) answer something. It really is good to be back.
Quote:
Originally Posted by joeri
Lee,
Plo has been gaining a lot of momentum and [popularity] as a game. How do you view this will go in the future? Do you think average skill level of players will increase a lot next years?
I don't think PLO will ever surpass hold'em in popularity. One of the beauties of hold'em is its structural simplicity. You watch the game for 30 minutes and you understand "how" to play. Omaha doesn't have that feature - I mean, how can it be bad to have
three aces in your hand?
On the other hand, hold'em's simplicity has led to it being all but "solved" (though it took 50 years to get there). PLO isn't solved yet and may not be for a while. That means more variance, less edge for the winning players, and more fun poker (IMHO).
And yes, I think the skill level of the average player will increase dramatically over the new few years, just as we saw with hold'em. Only the increase may be more drastic because we're starting with all the analysis tools and poker theory that people used to crack hold'em.
Personally speaking, I won't be particularly delighted if and when PLO gets solved. When I sit down in an NLH game with even moderately competent players, I generally feel like I'm playing against a bunch of clones of Commander Data. In a PLO game, even against players better than I, I get a sense that they're often on shaky ground (just not as often as I am). That makes it more fun for me.
Quote:
Originally Posted by Mikka
Are the 0.01/0.02c zoom tables going to be 100bb or 250bb max buyin?
50-100 BB.
Quote:
Originally Posted by KiWiKaKi
what will be the highest stakes you plan to release , 2-4nl?
No idea
One of the great things about online poker is that we can decide pretty much overnight to release (e.g.) $1.67/$3.34 Zoom tables. We'll see how the games go, how they affect the trad games, etc.
Quote:
Originally Posted by Sect7G
Are you guys planning on implementing LHE for zoom?
Very possibly. Again, it's a function of demand, its anticipated effect on the traditional games, and so on. We don't want Zoom to cannibalize the "main lobby" games to a degree that it damages them.
Quote:
Originally Posted by rakekills
Thanks Lee for answering my questions. I have to say though that calling a ps moderator is definitely a "cop out". If you want to depend on mods, then just employ them. Having volunteers in a multi-million(billion?) dollar turnover business seems just lol.
Actually, we do pay our chat moderators (with FPPs). And this model is actually quite successful in a number of similar contexts. Many very profitable businesses create a "community" and some members of the community are willing to help protect its interests for no compensation other than the continued health of their community [Hint: Green Name Badge]
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Regarding the auto-timebank software, as mentioned above this is standard for most multi-tablers. The way i see this is one step from auto folders, which is one step from auto limpiing in etc. It is the forerunner of automatic software for me.
Yeah. I went and got myself educated. TableNinja will indeed auto-time-bank for you, and that's permitted by our
ToS. After giving it some thought, I don't think it's on a slippery slope to an auto-folder (explicitly prohibited). The auto-folder helps you decide which hands to play; the time bank grabber just gives you more time to make your own decision.
However, we're addressing that problem. We're about to start capping the number of tables a person can play if he takes too long on average to make his decisions. The current default is 24 tables; we're going to (slowly) raise that number for the fastest actors and lower it for those who take too long to make their decisions.
This seems like the most elegant solution to me - rather than prohibit this or that third-party software (which can be beaten by custom hacks) we're going to address the truly meaningful metric: how long it takes you to act.
Quote:
On another point i would like to say that most of the issues raised in this thread are probably from winning players, or at least people that make profit from the vip system. The points that they raise are probably salient, but you (and they) would be far better off listening to the issues that stop the losing players returning to the site.
We listen to
all of the issues. But I agree that we can't let the entire conversation get completely hijacked by the (relatively small percentage of) people who make their living playing on PokerStars.
Quote:
Originally Posted by sk_limx
This. And approximatively how long does it take to fully test a new feature (mainly in order to reach that stake)?
I wish I could tell you. The real measure of the robustness of a piece of software is how long it goes without Something Really Bad happening when its getting heavy usage. So the answer to your question is probably something like "A couple of weeks after the last Gnarly Thing happens."
Quote:
Originally Posted by rugmuncher
Are there any plans to promote the more obscure games like nlo8 and mixed games?
Or are Pokerstars happy to watch them wither away.
Well, to a first approximation, there's nothing we can do to "promote" specific games. It would be like
Kilwin's in Asheville "promoting" coconut chocolate chip ice cream. I mean, how can anybody not see the obvious fact that coconut chocolate chip ice cream is by far the best ice cream ever? Instead, Kilwin's offers that flavor, along with vanilla, chocolate, and a bunch of others. Then
they let the customer decide which flavor to eat. Anything else is kinda pointless.
That said, there's obviously some demand (which I
hope is growing) for mixed games and other versions of poker that aren't no-limit hold'em. For instance, check out what we have (among others) in the Micro Millions:
NLO8! Man, I'd play $.91 NLO8 tournament in a
heartbeat.
Quote:
Originally Posted by Maso777
Is USD currency going to remain the main currency used on Stars for the foreseeable future?
I would think so, yes.
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Are there any plans to offer Zoom in multiple currencies?
One step at a time. Let's see how $Zoom goes. Then we'll consider €Zoom, £Zoom, etc.
Quote:
Originally Posted by iknowthatuknow
How many hands would nanonoko play an hour at 24 tbling of zoom? Insaane!!
The Zoom tables are currently running right at 300 hands/hr. Assuming Randy could quad-table both pools, that's 8 x 300 = 2400 hands/hr. Scale as appropriate until Adderall becomes necessary [And no, PokerStars does not condone the use of prescription meds for poker performance].
Quote:
GBP-denominated NLH tables?
Yes, we are running 10p-25p (£25NL, if you will) tables. We don't expect them to affect the main lobby liquidity and they are a convenience for our British players.
Quote:
Originally Posted by Style129
Is there anything that Pokerstars is trying to do to get the playerpools together again?
We are always working with regulators and legislators in all of our host countries to improve the online poker environemnt. I don't think any of us think that the balkanization of the poker market is good for anybody.
Quote:
Originally Posted by Furo86
Yo Lee,
What are your player caps per zoom pool? Is it limited or unlimited?
I remember that Tilt had a 1000 player cap per rush-pool will we expect something similar?
That's the cap right there.
Quote:
Originally Posted by DeNutza
Poker Stars recently admitted they never had any analysts to do rake studies, etc. all these yrs..they basically winged it.
Do you plan on incorporating this type of work soon?
[snip]
That's no longer true. We have people pretty carefully analyzing the rake, where it comes from, who pays it, etc. Maybe we shoulda looked more closely at the rake sooner, but, well, let me give you a personal perspective...
There's always been a culture here of running a great poker site for poker players (newbies, recreational vets, grinders, the whole gang). And for the longest time, that was enough (and then some). We had our hands full keeping up with the growth, the craze, all of it. Yes, we were making a good profit, but I never heard anybody (including Isai) talk about money. We just talked about running a great poker site.
Then, well, all hell broke loose. Black Friday, followed by the aftershocks (still ongoing) of market after market regulating and taxing. And now we're having to spend more time paying attention to where our revenue comes from and where our costs go.
I know for a fact that all of us (again, including Isai) would rather spend our time concentrating on running a great poker site, but that's not the hand we were dealt, and we're in no mood to fold.
So yes, we have very smart people with sharp cursors going over rake spreadsheets and databases. It may take us a little bit to catch up with the normal accounting-based firm, but I'll finish with two points on this:
- I know the people who are reviewing the spreadsheets and databases. They're silly smart; do not bet against them.
- Not to put too fine a point on it, but when all financial hell, did, in fact, break loose, this company did the Right Thing immediately. I wish I could say I helped, but I wasn't here for it. But the point is that PokerStars and its management deserve massive respect for their fiduciary and financial prowess. If we can handle that nuclear bomb without a hiccup, then sorting out a relatively trivial thing such as rake distribution will be a piece of cake. Any one individual (or group) may not be overly pleased with the way we choose to distribute rake, but please don't suggest we're not capable of doing it; we've solved much tougher problems.
Thanks again for your time and attention. See you in two weeks.
Regards,
Lee Jones