Quote:
Originally Posted by ohsnapzbrah
Instead of high rake, charge a fee on deposits on a sliding scale.
IE
$20-$100 = 5% fee
$100-$250 = 3.5% fee
$250-$500 = 2% fee
$500+ = 1% fee
Then charge a rake per hand, but maybe just 3%/hand with a 5bb cap (lower at higher stakes).
For MTTs, charge 5% fee (lower for higher stakes).
Except that for any sort of sustainability, you should charge withdrawals, not deposits. The idea is to make deposits easier, not harder. Unless you make them easier, there will be no poker ecosystem.
The official press releases from Party Poker (it is a publicly traded company, therefore there has to be transparency) tell a very revealing story of vanishing player and deposit base. The site is losing money, and the loss is increasing. Player base is going down fast. It is very unlikely that they will lower the rake at this point. The reason of these losses has also been openly albeit briefly analyzed.
Contrary to what the posters here think, the people running the company are smart and they realize something has to be done. If I was analyzing the poker branch of the company as a CEO (and yes, analyzing business plans and results is something I do for work) I would give it max three years to turn to the green. Unless there was a change I would simply cut it.
Obviously they are trying everything to make the pokers profitable for the company.
IMHO based on the figures the future for the low stakes pro looks really bleak unless something gets changed fast. If the poker market is drying for the sites it is going to sure as hell dry up also for the 2+2 folks.