Quote:
Originally Posted by MeleaB
Do you have much experience of playing online, specifically at micro- and small-stakes? Or at least, do you have much of an idea how the games play, what the rake levels are, what the "bonuses" consist of, what the Amaya/Player split of depositing money is, what percentage of players turn a profit at each tier, what the upper range of that profit is, AND how each of those factors have changed over time? It would not appear so.
These (at least 2, 3, 4 and to some extent 5) are not fixes in any sense of the word. They are however the path that Amaya have been travelling down for quite some time.
I agree that Amaya is traveling down this path, but they are not doing it in a balanced way. That is they are not attempting to find the "sweet spot" that my Publisher's Note talks about, or perhaps they just don't have a good understanding of this idea.
Quote:
Regarding your points:
2. It is advisable to stay away from terms such as "bonuses" and "rewards" because it leads to a misunderstanding of what they effectively are, and it also plays into the hands of Amaya, allowing them to misrepresent what they really are. If your intention is simply to restrict multi-tabling (a fair, but not innovative, suggestion) then your first point covers that. If your intention is to raise the rake, then your fourth point covers that.
Would it make you feel better if we called them bananas? Also, if a suggestion is not innovative that doesn't mean it's not a good suggestion. In addition, my purpose is not to raise the overall rake. My purpose is to adjust the rake so that the idea of the "sweet spot" can be hit easier. And keep in mind that the sweet spot is determined by a number of things including the skill level of the majority of the players in the game.
Let me give you a very different example. If you talk to the typical person who plays live in both California and Nevada, he'll tell you that the rake in California is much higher than Nevada. But is it really? In California, there have always been (at least there use to be) a bunch of props playing whose salary essentially meant they played rake free. So you had a situation where some people, the customers, paid an extremely high rake, while others, the props, paid essentially no rake at all.
Quote:
3. At the smallest stakes, the rake is astronomically high, with only a very small percentage of players able to make a profit. Amaya's percentage take of money deposited and used to play at the micro-stakes is almost certainly in the very high 90's percentage-wise, and has steadily risen over time.
In poker games, if you have no new players coming in, then the rake will eventually get 100 percent of the money. Also, when you look at the history of poker, rake at the smallest games has always been very high while the skill level of the majority of the players has been low. While at the highest stakes, the skill level of the large majority of the players has been very high while the rake has been (relatively) low. What I think is different now is that the rake at essentially all games has gone up a lot over the years and in my opinion is a contributor to the contraction of poker. My proposal attempts to address some of that by lowering the rake in many games.
Quote:
4. The rake at small stakes is already at a point where Amaya take well over 90% of money wagered, by my calculations (included in a post last year.) Your suggestion to do away with bonuses AND further increase the rake would all but kill the games, as they would almost literally (using the original definition of the word) be unbeatable. I say this as someone who has played these games for ten years, having racked up more hands than anyone else online at these stakes (not a brag ) most likely.
Even though you're repeating yourself a little, I'm sure what you're saying is essentially correct. But you have to understand that something very unexpected happened in poker and that was a great poker boom began in 2003 with a massive influx of people who were mostly interested in playing no-limit hold 'em. In my opinion, there was no way this equilibrium could last and you're seeing the contraction now. So when you say that my suggestions "would all but kill the games," isn't that happening anyway?
Quote:
5. I'm not sure lowering the rake at the higher stakes games, where its impact is far less, will have too drastic an effect. It could stop a small amount of "trickle down" but no one would be playing the smaller stakes games anyway so it's probably moot.
You may be right. But the idea is to encourage at least some of the better players to move up.
Quote:
In short, and sorry to be blunt- but you did say you welcomed all comments- the majority of these suggestions are ridiculous. If they were suggested by an unknown poster they would be ridiculed or ignored, and the one potentially credible suggestion (I'm not going to cover point (6) as I'm not best qualified) has been suggested many, many times over. I don't expect a single reputable poster to speak positively of your post.
Your comments are fine. When I come out with something controversial I expect there to be vigorous debate, and that's what these forums are for.
Quote:
Points 2-5 are actually what one would expect to read on Negreanu's blog, a Lee Jones' post or a Hollreiser press report in their apparent attempt to kill off online poker.
Don't compare me to Negreanu or Jones. While 2+2 does make money through advertising revenue, I'm not on anyone's payroll and any ideas I post are strictly my own.
Best wishes,
Mason