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Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union?

07-13-2020 , 11:57 AM
Quote:
Originally Posted by JackBurton
I think pokerstars will have to consider anticipating WCOOP to compete with gg this year, because I think there can be a serious drawdown in september after WSOP on online poker tournament series.

It's also interesting how people say that mtt's is much more gentle with recreational players, and are less predatory than cash games, with all the poker stables at micros from south america and euros. All the reentries and huge teams of players there are even at lowstakes.
Of course, it's less predatory, because you can't choose a table. It can never be as predatory as cash game, where you can just pick a good table to play on. I would love that on tournaments, but again kills the purpose of a tournament.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-13-2020 , 03:44 PM
Tweets by:
Jaime Staples (partypoker ambassador, Twitch poker streamer, YouTube poker personality)
Andrew Neeme (YouTube poker personality)
Patrick Leonard (partypoker ambassador, bitB Staking investor)


* all poker players




Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-13-2020 , 03:54 PM
Quote:
Originally Posted by Elite Rounder
Of course, it's less predatory, because you can't choose a table. It can never be as predatory as cash game, where you can just pick a good table to play on. I would love that on tournaments, but again kills the purpose of a tournament.
Nice illusion. Stables with thousands of players with their 10-40bb charts entering each tournament with a predefined schedule taking into account the total ROI of said tournament and average winrates, analysis of huge databases and sharkscope scanning of each player when available.

Eitheir way I play most of my traffic on stars.frespt where you can't pick a table though now that I'm playing more nl100-200 I do pick my tables at 888 and wpn, I'm not going to say otherwise.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-22-2020 , 08:22 PM
Figured this thread was appropriate to bump for this: There is SO much overlay in almost every Stadium series event on pokerstars now. Same seems to be the case with the WPT series on Party right now as well, at least the PLO and PLO8 events I've looked at. Overlays everwhere, and quite substantial ones...

edit: Screenshot of prize pool of a row of stadium events on stars. If the number is a big round one, the event had overlay...

Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-22-2020 , 09:02 PM
It was inevitable for stars, it was just a matter of time. I don’t really think they will change much except the guarantees will continue to slowly lower over time until they are barely relevant.

Lucky for them they still have software that is top notch compared to the rest.....
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 02:39 AM
Quote:
Originally Posted by PeteBlow
Exactly.
Players are customers, not employees. A 'union' would have absolutely no teeth and if it did, it would only end up biting itself in the ass.
Look at the PPA. Waste of time for everyone apart from those taking a salary.
Agree
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 07:46 AM
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 08:18 AM
The small events and satellites all overlay too. It's wild
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 08:49 AM
I was going to short their stock but they did a merger
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 11:20 AM
Stars has a subsidiary site that is also overlaying a lot atm. I know Party Millions overlayed consistently. This may be just a covid effect pattern rather than a TSG one?
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 12:09 PM
Quote:
Originally Posted by JohnCleese
Stars has a subsidiary site that is also overlaying a lot atm. I know Party Millions overlayed consistently. This may be just a covid effect pattern rather than a TSG one?
Honestly think this is just too many series in a row and on multiple sites at once. I mean - ****ing "stadium series"? Wat? What is stadium series? And it's running at the same time as a $100MM gtd WPT series, AND like two damn WSOP bracelet series. It's just too many big series in a row and at the same time I say...

Poker industry trying to run a damn wcoop and scoop on five sites at once and continously through the year backtobacktoback
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 12:25 PM
Quote:
Originally Posted by Loctus
Honestly think this is just too many series in a row and on multiple sites at once. I mean - ****ing "stadium series"? Wat? What is stadium series? And it's running at the same time as a $100MM gtd WPT series, AND like two damn WSOP bracelet series. It's just too many big series in a row and at the same time I say...

Poker industry trying to run a damn wcoop and scoop on five sites at once and continously through the year backtobacktoback
Am I missing something or is it called Stadium Series for a reason? I can't see anything on the promo page. I remember Bernard Tappie running a similar named venture where you actually played in a stadium.

EDIT: Never mind. It's because there are heats.

Last edited by JohnCleese; 07-23-2020 at 12:32 PM.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 01:54 PM
It is GGPoker causing it. They have taken a huge slice of the market with the WSOP currently running on it and people prefer to play those events. While Stars has always had the best software GG is more than a rival in those terms and for the rec players, I would say the software is even a better experience overall.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 02:10 PM
At stars.FRESPT they adjusted the guarantees down already on the stadium series. Biggest tournaments seem to have been on the 100k range I think and not various 250k like before and some 500k. So there haven't been big overlays that I noticed like previous series.

Be on the lookout for them to do the same on the main site in the future. I'm wondering what's going to happen on WCOOP. Will this be the first WCOOP where the prizepool will be lower than the previous year, is there a betting line for this?

Edited: If GG had better servers, didn't ban some winning players, and was more clear on the rake they take and rakeback deals offered (just for some it seems) they would already passed over Pokerstars easily.

Last edited by JackBurton; 07-23-2020 at 02:16 PM.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 02:14 PM
Seems really ambitious to try and compete with the WSOP series.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 08:10 PM
Seriously, how could any of you really form a Union? What's the purpose? The Real is before Black Friday we had real poker, you could grind your way up the 180's and start playing prize pools that are now unheard of in comparison on a reg night. So form a Union, be collective and pay yet another rake, go talk to Donald, tell him we would support any President who allowed a great industry to make money. players would truly respect a President who would do that, take us back to when KQs showed a profit 3bet shoving

Last edited by HUHandEH; 07-23-2020 at 08:10 PM. Reason: I players used to play for Bankrolls:)
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
07-23-2020 , 08:54 PM
Dont know if it was said already itt. But 2+2 is already the closest thing we have to a union. Good example are the latest case of the bb jackpot and people like Chicago Joey fighting it through.

Not sure if we need another union. Sometimes more is better but sometimes less is more..
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
08-04-2020 , 11:35 PM
Here's an August 4th Twitter thread by Patrick, who says that 9-handed SNGs are "one of the most unpopular formats."

To solve this, Patrick Leonard is pitching the idea that Sit & Go players receive a "randomized" chip stack upon buying-in, ranging from 5BB to 100BB in Patrick's hypothetical example. Such a format could be "good practice for Mtt players or people transitioning," Patrick suggests.


Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
08-05-2020 , 05:56 AM
I offer be the union rep. I wouldn't have to play poker all day long and I'd have a guaranteed income so I could devote myself entirely to the cause.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
08-05-2020 , 11:28 AM
Stars and Party tournaments are overlaying as both sites are desperate to stop the growth of GGpoker which has been on a real tear.

As I understand, market share in online gambling is on the whole worth more future EV than current profits.

Also, I think a rep explained before that the big guarantees are a good marketing ploy to get new players in. The media sites pick up on the guarantees and create a story.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
08-06-2020 , 10:07 AM
Quote:
Originally Posted by nucleardonkey
I offer be the union rep. I wouldn't have to play poker all day long and I'd have a guaranteed income so I could devote myself entirely to the cause.
If that's the motivation then I too nominate myself
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
08-07-2020 , 09:05 AM
Quote:
Originally Posted by fragglerock45
Stars and Party tournaments are overlaying as both sites are desperate to stop the growth of GGpoker which has been on a real tear.

As I understand, market share in online gambling is on the whole worth more future EV than current profits.

Also, I think a rep explained before that the big guarantees are a good marketing ploy to get new players in. The media sites pick up on the guarantees and create a story.
Listen, Stars had their chance. They have been ridicously greedy for years and now we really start to see what happends. People are SO tired of that site!
Unless Stars bring back their rakeback people are going to continue to move to other pokersites that does as we clearly can see now.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
08-07-2020 , 09:14 AM
Quote:
Originally Posted by Gerrard4
Listen, Stars had their chance. They have been ridicously greedy for years and now we really start to see what happends. People are SO tired of that site!
Unless Stars bring back their rakeback people are going to continue to move to other pokersites that does as we clearly can see now.
The rake back is not their biggest problem. Their biggest problem is going from having industry best support, by far, to generic casino style support and that's being generous. It's a baffling case because, if we talk about stars since amaya and pre covid, every change they made resulted in a loss in share price and it happened over and over and over. Yet they just kept making horrible decisions.

The rake back coming back would not solve much for long because edge's are too small and you just end up reaching equilibrium in a much less profitable niche.
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote
08-07-2020 , 03:02 PM
Adios!
Patrick Leonard: Is Online Poker About to Crash? Should Poker Players Form a Union? Quote

      
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