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another rakeback decrease at PokerStars? another rakeback decrease at PokerStars?
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07-19-2019 , 09:44 AM
#1
randomzoomreg
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centurion
Join Date: Feb 2018 Posts: 159
I just found out that the top prize value from the biggest chest got reduced from $1.000 to $280.

Level 6: Black Chest
From $49 to $280

Did they lower the point requirements or is this just another incredible rakeback decrease?
another rakeback decrease at PokerStars? Quote
07-19-2019 , 11:24 AM
#2
Garett bamborough
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journeyman
Join Date: Dec 2013 Posts: 224
Stars is going downhill.
another rakeback decrease at PokerStars? Quote
07-19-2019 , 11:30 AM
#3
JackBurton
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grinder
Join Date: Jul 2010 Posts: 588
I think there isn't a fixed amount, there's variability in the chests prizes. This is for you to have a hard time to conclude that you receive less rb than chrome and bronze stars did in the old vip program. It's a tactic used by other rooms also, like unibet etc, so you have a hard time to know the absurd amount of rake you pay every month.

This question is better asked in the internet forum aka zoo btw, and not in nvg
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07-19-2019 , 11:55 AM
#4
TRUSTtheDRAWCESS's Avatar
TRUSTtheDRAWCESS
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veteran
Join Date: Nov 2016 Posts: 2,775
I think stars is getting ready for an exit. I'd bet their internal analysis shows that online poker will be dead or solved or botted to death in between X years and Y years, and they are basically cashing in their goodwill and brand reputation with customers to maximize revenue before the industry finishes dying.

It's sort of how 3G capital with Tim Hortons is cashing in their goodwill and brand identity with Canadians and the food, coffee and everything is going to **** and the company will shrivel up and die once more people realize it. All to increase revenues a bit more. Except the coffee shop industry isn't dying
another rakeback decrease at PokerStars? Quote
07-19-2019 , 12:02 PM
#5
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kep
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Pooh-Bah
Join Date: Jul 2007 Posts: 3,720
I'm not sure it's possible for my stars rakeback to get any lower.
another rakeback decrease at PokerStars? Quote
07-19-2019 , 05:56 PM
#6
OMGClayDol's Avatar
OMGClayDol
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Carpal \'Tunnel
Join Date: Apr 2010 Posts: 11,060
LOL AT LEAST THERE IS HAPPY HOUR AND YOU CAN GET DOUBLE POINTS
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07-19-2019 , 06:13 PM
#7
okiidokii
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journeyman
Join Date: Feb 2018 Posts: 240
^^ Holster that caps-lock.
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07-19-2019 , 06:17 PM
#8
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OMGClayDol
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Carpal \'Tunnel
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ITS TO ADD EFFECT LOL
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07-19-2019 , 06:35 PM
#9
Hot*ShoT
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journeyman
Join Date: Jun 2019 Posts: 336
Stars offering RB? That's new
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07-19-2019 , 08:30 PM
#10
PUezMoney
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centurion
Join Date: May 2018 Posts: 101
Quote:
Originally Posted by mrfunnywobbl
I think stars is getting ready for an exit. I'd bet their internal analysis shows that online poker will be dead or solved or botted to death in between X years and Y years, and they are basically cashing in their goodwill and brand reputation with customers to maximize revenue before the industry finishes dying.

It's sort of how 3G capital with Tim Hortons is cashing in their goodwill and brand identity with Canadians and the food, coffee and everything is going to **** and the company will shrivel up and die once more people realize it. All to increase revenues a bit more. Except the coffee shop industry isn't dying
It's not their analysis, it's their business model. Amaya is a locust company that buys companies in distress for cheap, drains the value and the assets and then sells the hull of what the company once was. They did it to OnGame Poker before.

These kinds of companies should be illegal. But what it means that PokerStars is a ticking timebomb and doomed to die a slow and painful death.
another rakeback decrease at PokerStars? Quote
07-19-2019 , 09:36 PM
#11
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The Bukafax
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veteran
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Quote:
Originally Posted by PUezMoney
It's not their analysis, it's their business model. Amaya is a locust company that buys companies in distress for cheap, drains the value and the assets and then sells the hull of what the company once was. They did it to OnGame Poker before.

These kinds of companies should be illegal. But what it means that PokerStars is a ticking timebomb and doomed to die a slow and painful death.
The craziest thing is what they had to pull off with investors to even purchase stars. If I remember correctly Amaya was worth like 5 percent of Stars. Gambling is probably the only industry where a deal like this goes down.
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07-20-2019 , 07:26 AM
#12
kiwihaze
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Join Date: Jan 2015 Posts: 385
Double of zero during happy hour is still zero hehe
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07-22-2019 , 05:02 PM
#13
Fleetttt
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grinder
Join Date: Nov 2018 Posts: 550
I basically get zero rakeback at 10nl on stars lol

unless you count the spin and go tickets, those are basically free money if one can be assed to play them
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07-22-2019 , 05:31 PM
#14
Stroggoz
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i got like 20% rb earlier this year until the algorithms figured out i was a winning player and gave me 1% rb instead.
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07-22-2019 , 06:14 PM
#15
GarbageReg
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banned
Join Date: Apr 2019 Posts: 388
If you are stupid enough to keep playing on stars you deserve zero rb.
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07-22-2019 , 06:56 PM
#16
Fleetttt
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grinder
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The only reason I still play there is the massive amounts of fish. I'm making more money on stars due to the fish than I would be with a good rb deal and a lower concentration of fish/lower winrate.

Plus there are always lots of tables running which is nice
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07-22-2019 , 08:20 PM
#17
SpinMeRightRound
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Join Date: Jan 2016 Posts: 2,723
Quote:
Originally Posted by mrfunnywobbl
I think stars is getting ready for an exit. I'd bet their internal analysis shows that online poker will be dead or solved or botted to death in between X years and Y years, and they are basically cashing in their goodwill and brand reputation with customers to maximize revenue before the industry finishes dying.

It's sort of how 3G capital with Tim Hortons is cashing in their goodwill and brand identity with Canadians and the food, coffee and everything is going to **** and the company will shrivel up and die once more people realize it. All to increase revenues a bit more. Except the coffee shop industry isn't dying
Absolutely no chance they're getting ready for any exit. They make far too much money for that to ever happen.
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07-23-2019 , 12:00 AM
#18
Genetikfreak
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old hand
Join Date: Sep 2008 Posts: 1,299
Any1 else finds the software has gotten considerably worse? The vip, lobby filters and promo's are laggy and sluggish. Old stars was a well oiled machine.

Party is catching up to stars and stars is catching up to Party.
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07-23-2019 , 09:30 AM
#19
Kelvis
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banned
Join Date: Dec 2013 Posts: 8,737
Quote:
Originally Posted by PUezMoney
It's not their analysis, it's their business model. Amaya is a locust company that buys companies in distress for cheap, drains the value and the assets and then sells the hull of what the company once was. They did it to OnGame Poker before.

These kinds of companies should be illegal. But what it means that PokerStars is a ticking timebomb and doomed to die a slow and painful death.
Except PS wasn't in distress, nor was it cheap.
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07-23-2019 , 09:59 AM
#20
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Iblis
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Join Date: May 2016 Posts: 3,299
Quote:
Originally Posted by kep
I'm not sure it's possible for my stars rakeback to get any lower.
They could implement a feature that when you open a chest if you're lucky they give you money, but if you aren't they actually take some from your roll, something like Monopoly chance cards.
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07-23-2019 , 11:05 AM
#21
_jimbo_
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old hand
Join Date: Apr 2011 Posts: 1,439
Quote:
Originally Posted by Stroggoz
i got like 20% rb earlier this year until the algorithms figured out i was a winning player and gave me 1% rb instead.
Same thing happened to me. Figured maybe if I just don't withdraw it wont change back
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07-23-2019 , 12:05 PM
#22
golfbum983
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old hand
Join Date: Apr 2013 Posts: 1,943
Quote:
Originally Posted by Iblis
They could implement a feature that when you open a chest if you're lucky they give you money, but if you aren't they actually take some from your roll, something like Monopoly chance cards.
Or like wheel of fortune where you spin the wheel and have a chance to lose everything
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07-23-2019 , 01:06 PM
#23
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TRUSTtheDRAWCESS
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veteran
Join Date: Nov 2016 Posts: 2,775
Quote:
Originally Posted by PUezMoney
It's not their analysis, it's their business model. Amaya is a locust company that buys companies in distress for cheap, drains the value and the assets and then sells the hull of what the company once was. They did it to OnGame Poker before.

These kinds of companies should be illegal. But what it means that PokerStars is a ticking timebomb and doomed to die a slow and painful death.
Not that I'm doubting you but do you have any info on this? I'd be curious to read more.
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07-23-2019 , 01:17 PM
#24
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TRUSTtheDRAWCESS
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veteran
Join Date: Nov 2016 Posts: 2,775
Guys if we collectively put $3 billion together we can get 50% equity in stars and un**** it
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07-23-2019 , 05:57 PM
#25
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getmeoffcompletely
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old hand
Join Date: Aug 2012 Posts: 1,670
Unless you enjoy getting farmed by bots, Stars with 0% RB is still the best deal there is.
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