Open Side Menu Go to the Top
Register
GGPoker rake massive increases - High Stakes community mass boycott GGPoker rake massive increases - High Stakes community mass boycott

04-03-2023 , 08:13 AM
Hello,

I'm a regular High Stakes player on GGPoker, can you add me to the discord group?
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 08:22 AM
**** GG. You love to see this.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 08:27 AM
Gl. I remember the pokerstars boycott didnt work. Its a shame poker has come to this. Wish we had proper guidance in the poker world, biggest hurdle being government regulations around gambling and poker makes this industry slowly dying (harder to get money on sites, slowly increasing the rake)

If we dont do something about that. This industry will slowly die out
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 08:37 AM
Quote:
Originally Posted by NikAirballFanClub
OP and the group of 90, has it crossed your mind that GG don't want you playing on their network because you are sucking too much money out of it,
so what they are doing is a form of constructive dismissal.

For complete balance, and I appreciate it might be difficult for you to estimate, it would be interesting to know 3 figures:

A) Total profit after rake and rake back of the 90 players, during 2022:
B) Total loss of the recs and whales you all played against, plus rake, minus rake back, during 2022:
C) GG Poker's profit from the all of the above.

For argument's sake, if:

A) = $50M
B) = -$100M
C) = $50M

Then GG might be looking at this and saying that they are not prepared for you guys to win the same as them, so they are therefore
increasing the rake so that the numbers might look more like.

A) = $25M
B) = -$150M
C) = $125M

You are correct that you guys withdrawing your "labour" will kill a lot of the games, definitely short term, however, maybe not medium or long term.

If we look at the short term and a lot of games being killed, then maybe at the new rake structure the numbers look like this. (based on game volume short term dropping by 80%)

A) = $5M
B) = -$30M
C) = $25M

So even with an 80% short term drop in volume, GG will still make 50% of what they were making pre rake increase, pre you withdrawing your labour.

To get back to their previous 2022 +$50M profit they just need to increase the rec and whale pool by 100%.
Once they have done that they have proved that their business model is correct to increase rake, they have got rid of all the pros, and then it's onwards
and upwards with them growing the rec and whale player pool at high stakes, a skill which we know they are very good at, because it's why you guys are
playing there in the first place, to exploit in a poker sense recs and whales.

Regarding GG losing out at 10/25 and below because players want the dream of moving up higher, this is not such a strong argument by you because
players can just move up stake on another site after beating 10/25. Also, you've stated yourself that even at the old less high rake high stakes it has a lot of you
crushers in it, so it might not be great game selection anyway for someone who has just beaten 10/25.

I am gambling/guessing here of course, but I suspect that GG will say FU as it's my view a) that they don't want you playing there and b) that they are very confident
that they can attract 2x, 5x,10x the number of recs and whales that they currently have. This will naturally happen anyway once the sharks have all gone
because recs will be winning more often playing against other recs, so enjoy playing and play more often.

No, higher rake is not good for the poker eco system, not at all, but yes it makes total sense for GG as a business, as why should they share such a huge chunk
of their profits from recs and whales with you guys, if they can find a method of not doing so.

I may be wrong, they might negotiate a compromise with you, but my money is on a FU from them.

Don't rule out them either, using bots, prop players or house players to start/fill the games, to artificially build games that then evolve into all real player games.

Additionally, they also cross sell other gaming products and sports betting I believe, so money that you would have won from recs will now in part go into GGs
pockets on their other gaming products.

In short, they don't want you.


With your logic gg should just raise their rake infinitely, to maximize their winnings. An empty casino doesn't make money. In the top #50 losers on gg, 15 of them are pros and they clearly paid way more rake and on top of that have lower rake back the fish in that list will clearly rake less and have more rb.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 08:51 AM
Quote:
Originally Posted by NikAirballFanClub
POST
This does seem like reasonable GG strategy. They likely look it on much larger scale than if X less players play atm then we win less rake so it's no bueno.

I remember of an MTT regs boycot after rake increase on Stars and then first sunday 20%+ of the boycotters just stepped in to play mega soft fields and obv everyone followed.

Better known in history as 3 days boycott.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 08:52 AM
Tl;dr from Nick air ball fan lol
0% chance that sn has a clue obv
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:02 AM
Quote:
Originally Posted by sixfour
Just seems kind of odd that GG had higher rake than everyone before (at least that's how it reads in this thread), but everyone was seemingly happy to pay it rather than doing the rational thing, which would be taking your business elsewhere, and now it's suddenly too much. I have my suspicions why
The rational thing is to play where you make the most money. Same as live where most of the good action is in private games even though they often have higher rake.

Until now game quality on GG was good enough to warrant the higher rake. Some very smart people calculated the numbers to figure out that's not the case anymore with the new rake structure.

Mod note: This is an important issue to a lot of people who are active on 2+2 or have been active here in the past. There's no reason to post walls of text if you've never played high stakes poker. We have enough low content threads in NVG if you have an opinion on everything.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:05 AM
Quote:
Originally Posted by OMGClayDol
Tl;dr from Nick air ball fan lol
0% chance that sn has a clue obv
I'd expect more of an in depth analysis from a high stakes winning player such as yourself.

But this may be the issue, that high stakes players sometimes can't see the wood for the trees.

As a previous poster said, a similar "strike" was tried by Pokerstars players a few years ago. It had no chance of working which was obvious from the start.

This strike has some chance of working, but only if GG raised the rake just to test the waters. If they did it to get rid of pro crushers then the strike won't work because that's what they want anyway.

To earlier posters' points:

They won't keep raising rake infinite but they will raise it as high as recs and whales will stand.

It doesn't matter that there are some big losing pros on high stakes on GG, it is the net across all of the pros that GG are interested in. Obviously some pros will still lose because of variance or playing badly, but collectively the pros are taking a big chunk of the recs' and whales' money.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:08 AM
Quote:
Originally Posted by madlex
The rational thing is to play where you make the most money. Same as live where most of the good action is in private games even though they often have higher rake.

Until now game quality on GG was good enough to warrant the higher rake. Some very smart people calculated the numbers to figure out that's not the case anymore with the new rake structure.

Mod note: This is an important issue to a lot of people who are active on 2+2 or have been active here in the past. There's no reason to post walls of text if you've never played high stakes poker. We have enough low content threads in NVG if you have an opinion on everything.
I have played some high stakes poker, just not a reg.

I had to post a fair bit of text to explain why GG would be doing what they are doing as a business model. I'll keep it brief from here on.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:09 AM
I'm just a 50nl scrub and I'm fed up with these games as well. What network should we move to?
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:16 AM
I don't understand the get rid of all the crushers and loads more recs will play logic being applied here. Its not like the games are ever going to be 6 recs, in that scenario obv the crushers would still play even at 7bb rake. The crushers will still stay and the weaker regs will be the ones forced out. The recs aren't going to lose any less money, they are just going to get recked via rake rather than by players. So how does this increase the rec pool?
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:22 AM
^ it doesn’t. You need a mix of recs and regs to keep a sustainable poker ecosystem.

NikAirballfanclub says the players are missing the forest for the trees, but imo it’s clearly GG doing so.

Edit: also, lol at just making some random guesses at effect of rakeback #’s for a major poker site for “argument” sake. Let’s just RNG some random revenue to prove our point.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:24 AM
Quote:
Originally Posted by TriggerWarning
I don't understand the get rid of all the crushers and loads more recs will play logic being applied here. Its not like the games are ever going to be 6 recs, in that scenario obv the crushers would still play even at 7bb rake. The crushers will still stay and the weaker regs will be the ones forced out. The recs aren't going to lose any less money, they are just going to get recked via rake rather than by players. So how does this increase the rec pool?
I agree, the recs will lose just as much money, but they will lose it more slowly than before. I agree that this may not organically increase the number of recs quickly, but GG are good at procuring new recs to open accounts.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:25 AM
Mixgrill welcome to the world of everyone playing under 500nl for years. Not sure why anyone would care that your rake has increased. The vast majority of players have no interest in getting to highstakes so it wont affect them.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:26 AM
RIP for us Short Deck players, as GG is the only site that has running games on high stakes CoinPoker, time to add back Short Deck!
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:30 AM
Quote:
Originally Posted by NikAirballFanClub
I agree, the recs will lose just as much money, but they will lose it more slowly than before. I agree that this may not organically increase the number of recs quickly, but GG are good at procuring new recs to open accounts.
How can a player lose at -30bb/100 slower than losing at -30bb/100. Makes no sense.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:33 AM
Spoiler alert

Spoiler:
Higher rake and less regs won’t magically bring a bunch of whales/fish to games that don’t already play. Less games will simply run/be raked unless some regs abandon the boycott.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:46 AM
In for this, mostly curious if GG keeps their '**** winning players' attitude they had since the beginning.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:50 AM
Quote:
Originally Posted by madlex
Mod note: This is an important issue to a lot of people who are active on 2+2 or have been active here in the past. There's no reason to post walls of text if you've never played high stakes poker. We have enough low content threads in NVG if you have an opinion on everything.
I think this is completely out of line from you. He argumented well and had good points, it doesn’t matter if he has never played high stakes poker.

This is coming from a guy who has played high stakes + 10 years.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 09:55 AM
Quote:
Originally Posted by TriggerWarning
How can a player lose at -30bb/100 slower than losing at -30bb/100. Makes no sense.
Because if current rake for a rec/whale is 4BB/100 and they have a negative playing edge of 26BB/100 against the current player pool
that has all of the crushers in it targeting them, the crushers are then removed either voluntarily or through constructive dismissal,
the rake has gone up to 7bb/100 but the recs/whales negative playing edge has improved to less than -23BB/100.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 10:01 AM
So instead of taking millions upon millions of hands from regs willing to battle at 4bb/100 rake, you now have close to none for now.

It’s all about how much the volume of their total hands raked gets cut. If they lose more than half their volume at these stakes (which they should if this boycott holds true) then it seems pretty obviously brain dead to me.

Time will tell is the only actual answer right now.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 10:17 AM
somebody tell linus
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 10:20 AM
I'm glad to see this. However the chances of them rolling it back are slim, I think. If they do that, they open themselves up to future boycotts that will be even stronger, because the regs will see that its an effective tactic. GG obviously has disdain for winning players... So them admitting they were wrong and giving into a boycott is wishful thinking, but I do hope it works out. It would be a good precedent to set.
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 10:24 AM
Has anyone asked the sponsored pros, such as Negreanu, for comments?
GGPoker rake massive increases - High Stakes community mass boycott Quote
04-03-2023 , 10:25 AM
Quote:
Originally Posted by jayme87
Gl. I remember the pokerstars boycott didnt work. Its a shame poker has come to this. Wish we had proper guidance in the poker world, biggest hurdle being government regulations around gambling and poker makes this industry slowly dying (harder to get money on sites, slowly increasing the rake)

If we dont do something about that. This industry will slowly die out
BTC
GGPoker rake massive increases - High Stakes community mass boycott Quote

      
m