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888 poker changes Rakeback system - one month notice 888 poker changes Rakeback system - one month notice

02-16-2015 , 03:49 AM
Quote:
Originally Posted by JohnnySixStars
They do it because they know nobody will sue and that they'll get away with it. If they are sued, the court will just make them honor the existing agreement, so they'll be no worse off than they were originally (except for legal fees). So it's a no-lose proposition for them, but legally they don't have the right to do it.
It's interesting that you're trying to be an internet lawyer but you seemingly have never heard of punitive damages.

Bdywax was right, you are funny.
888 poker changes Rakeback system - one month notice Quote
02-16-2015 , 12:24 PM
Quote:
Originally Posted by bjsmith22
It's interesting that you're trying to be an internet lawyer but you seemingly have never heard of punitive damages.

Bdywax was right, you are funny.
Just because I didn't mention them means I've never heard of them? It's really too complicated of an issue to address, because it varies from jurisdiction tojurisdiction, and who knows where such a suit would be brought. Plaintiffs might claim that because 888 is knowingly doing business with them wherever they happen to be, that they have standing to sue in their home state/province/wherever. Or maybe they would have to sue 888 wherever they are headquartered.

Wherever such hypothetical lawsuit hypotheitcally took place, most hypothetical judges would think the suit a waste of judicial resources, and pressure the parties to settle amongst themselves. Depending on whose lawyer was more stubborn, one might hold out for some nominal punitive damages and get it, or maybe not.

But it seems we're starting at the river and working backwards here. The case would actually never get to that point because Plaintiff's attorneys would know there was little money to be won in it for them, and wouldn't take the case on contingency; they would want an upfront fee, which these grinders couldn't afford without digging deep into their rolls, and so the suit would never be brought to begin with. 888 knows this, and so they break the law knowing they'll never have to answer for it.
888 poker changes Rakeback system - one month notice Quote
02-16-2015 , 12:34 PM
Hypothetical lawsuits with hypothetical judges won't feed my hypothetical children.
888 poker changes Rakeback system - one month notice Quote
02-16-2015 , 01:47 PM
Quote:
Originally Posted by JohnnySixStars
And you are flunking out of law school. Get off NVG and go crack them books.
I will try and make it as simple for you as possible since you are obviously mentally challenged. Since ALL players agree to the terms of service, the site can change whatever they want and don't have to give you any notice. The only recourse players have is to go play on a different site if they don't like what is being done.
888 poker changes Rakeback system - one month notice Quote
02-16-2015 , 03:57 PM
It's a debate that will be settled with dollars not words (in the long term). We'll see how it goes. Don't think many of the "lol entitlement" crowd are making big deposits and posting their blinds.
888 poker changes Rakeback system - one month notice Quote
02-21-2015 , 04:13 PM
Quote:
Originally Posted by Reg74
If it drives out all of the break even tedious regulars that saturate the games and rely on rewards to make their grind worthwhile, of course it has to be good for poker long term.

I understand how that upsets a large amount of people but it's a pretty simple solution for them. Improve, or quit.

About time the sites started forcing these leeches out of the games.
Pretty ballsy post to mock breakeven players and call them leeches. After all they are beating the crap out of the total player pool.
It would also be kind of funny if a Micro/low stakes NL player would tell mid/high stakes breakeven players to improve or quit so I assume that you play at least midstakes poker.
Breakeven players are probably amongst the 5% best players at a site. You don't see a problem with a poker community where not even the 5% best players can be profitable enough to play on? If you get rid of them are you sure we're not the next target for the sites. What makes you think (other than your cluelessness) reducing cashback for high volume players will be the end of the road in the poker sites hunt for better profit?

However I'm pretty sure the sites have no intention of driving out breakeven regulars. They do these changes in firm belief that the regulars will continue to play. The cost of attracting new recreational players is way too high for a site to ditch a player that rakes tens of thousands dollars a year. The marketing expense for replacing one such player would be overwhelming to overcome.

And unless you haven't noticed (or understood) the change will affect everyone that plays enough to become a VIP. It doesn't matter if you're a breakeven, losing or winning player. We give up money (in my case at least 4K a year) for the vague promise of a "more robust community of active players".


The problem with 888:s comment about "believing these changes will result in a more robust community of active players" is that:

1. They fail to understand that recreational players don't play for cashback/loyalty Points. Most of them are not aware of their existance and the few that are might never even earn enough to cash them in.
So how are these changes going to attract more recreational players to play poker at 888?

2. They haven't learned anything from Ongames Essencecrash. the similarities are there even if Essence was an even worse screwup since it contained variables that weren't public.
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02-22-2015 , 01:40 AM
No I don't see a problem with people not being able to make money at a game just by being in the top 5%.what games in the world does being in the top 5% make you anything?
Additionally it's not like being in the top 5 % of baseball basketball football etc.
Any non ****** with disipline and determination could be in the top 5% of microstakes players in a few months.it's not an accomplishment.
888 poker changes Rakeback system - one month notice Quote
02-22-2015 , 01:53 AM
If less than 5% win the "not a skill game" argument is a valid one imo.

A better sports comparison would be cancelling the Super Bowl if no team wins at least 15 regular season games or something like that. Everybody plays, nobody wins. It's not what most would consider a competition any more and I can guarantee the NFL stops making billions under that set-up.

"I don't win and don't want anybody to!" is probably the best line in support of situations like the op. Can at least respect people who are honest with themselves regarding their emotional investment.
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02-22-2015 , 02:35 AM
Quote:
Originally Posted by WOAT1Time
If less than 5% win the "not a skill game" argument is a valid one imo.

A better sports comparison would be cancelling the Super Bowl if no team wins at least 15 regular season games or something like that. Everybody plays, nobody wins. It's not what most would consider a competition any more and I can guarantee the NFL stops making billions under that set-up.

"I don't win and don't want anybody to!" is probably the best line in support of situations like the op. Can at least respect people who are honest with themselves regarding their emotional investment.
lol except the games which decide whether or not the superbowl happens then become as exciting as the superbowl. People still want to watch an exciting game with a lot on the line, and they still pay their billions of collective dollars to the NFL. There goes your guarantee and your analogy.

Now i'll put ridiculous words in your mouth

"I don't win and if 888 charged less to play on their site I definitely would!"
888 poker changes Rakeback system - one month notice Quote
02-22-2015 , 03:42 AM
If you think that you don't understand the American sports culture. NFL announces tomorrow that whether or not their play-offs occur is contingent on a team winning at least 15 regular season games they're below baseball before you can snap your fingers.

Less than 5% should win, slur, slur, slur. More than 5% should win. And the white knight never lost an internet debate champion jumps in for the former. Standard. Does anybody that posts at this site even still like poker? Site defines misery loves company (and illustrates just how few poker players aren't miserable nowadays!).

Proceeded by wordy bjsmith22 I win the internet but not poker rake those bastards response.
888 poker changes Rakeback system - one month notice Quote
02-22-2015 , 10:04 AM
Quote:
Originally Posted by borg23
No I don't see a problem with people not being able to make money at a game just by being in the top 5%.
Then just stop posting dude. This is poker you, the top 5% should be able to actually win or else whats the point of playing?
888 poker changes Rakeback system - one month notice Quote
02-22-2015 , 10:21 AM
Clearly a ploy to boost profits. 25% of a little isn't much to give to low status players. 25% of a lot is a huge chunk the site will now get to keep rather than paying out for rakeback.

It would be like a company saying "our executives makes $5 million and our entry level employees make $35,000, but we're going to even things out by decreasing our executive's pay by 25% while increasing our entry level employee's pay by 25%." Each executive would make $1.25 million less and each entry level employee will make $8750 more.

A more accurate statement from 888 would be something like...
Quote:
We’d like to let you know about some changes that are happening at 888poker.

As part of our ongoing strategy to make more money, 888’s network will be changing its Loyalty Rewards Program to keep more of your money.
888 poker changes Rakeback system - one month notice Quote
02-22-2015 , 11:07 AM
If 888 wants to change their rakeback with little to no notice I accept that they can do so.

If players on 888 that object to such an action or the new lower rakeback level want to protest that action by 888 by taking their business elsewhere they are free to do so.

Seems to me that in time an equilibrium will be reached with players gravitating to play at a site that has an acceptable rake/rakeback level coupled with a poor-player pool sufficient for them to make a minimum amount of return on their effort/risk.

Bottom line, if you are playing poker to make a certain level of money and can no longer do so on 888 because of these changes than you should go elsewhere. Period.
888 poker changes Rakeback system - one month notice Quote
02-22-2015 , 11:31 AM
Quote:
Originally Posted by iPUTnutsONtheTABLE
Clearly a ploy to boost profits. 25% of a little isn't much to give to low status players. 25% of a lot is a huge chunk the site will now get to keep rather than paying out for rakeback.

It would be like a company saying "our executives makes $5 million and our entry level employees make $35,000, but we're going to even things out by decreasing our executive's pay by 25% while increasing our entry level employee's pay by 25%." Each executive would make $1.25 million less and each entry level employee will make $8750 more.

A more accurate statement from 888 would be something like...
do you understand how ironic your analogy is??
888 poker changes Rakeback system - one month notice Quote
02-22-2015 , 02:10 PM
Quote:
Originally Posted by uradoodooface
Then just stop posting dude. This is poker you, the top 5% should be able to actually win or else whats the point of playing?
For me absolutely nothing. For lots of people they play for fun.

Where else can someone play a game for fun and by being in the top 5 pct expect to actually make money?

And where can someone do something for nickels and dimes and expect to make decent money?

Poker players live in fantasy land
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02-23-2015 , 09:18 AM
Poker is a game that is played to be won. It is marketed that way and designed that way. If no one can win, wat is the point? Might as well be that dude that plays table games.



I guess ur just a good troll for me even bother to type this lol.
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11-05-2015 , 12:10 PM
Quote:
Originally Posted by uradoodooface

Also pretty scummy of 888 to basically just **** on their costumers when they grinded fora year to get a certain perk to only basically getting it stolen away from them. If a person did something on this level you'd think he was a piece of ****, LOL at anyone defending their actions when they really are just screwing a bunch of people over.



I'm all for giving back to the recs but god damn you don't need to basically butt rape your long term costumers and **** on your own brand to do it.
Stars following the 888 strategy
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