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PokerStars confirms new rewards program: Chests PokerStars confirms new rewards program: Chests

05-22-2017 , 06:07 AM
I'm really stunned by how many ppl bring this "recs just wanna have fun, so anything funky is good" argument. Recs also play real money games because they actually want to win money, believe it or not. Yes, most will largely overestimate their skill, getting tricked by variance etc. and eventually lose, but they're not in there for some funny chest games in the first place. Marketing poker as a game of skill that can potentially be beat for large sums made it attractive, not fun with cards alone. There are play money games and countless other activities for that, ppl who are solely in for the fun will prefer.
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 06:40 AM
too late for edit:

How did ppl that payed huge amounts of rake get into the game? They heard of poker being a skill game and saw others make money with it, they tried. It's not a thing I made up, just ask players why they started poker, u'll get exactly these answers. Some were clever enough to work on their game, read expert advice, invest time in studying. Others didn't and either ran hot, gambled money away or quit. But they aren't complete idiots.
If poker is taking the route of making a very small % of players win huge amounts by winning on pure random-reward games and more players will lose, the word will spread and lots of potential and former customers aren't gonna pump money in a system they have a super small chance of beating on their own skill.

There are so many options of making poker more gimmicky (how are there no badges for achievements to display near the avatar yet? some would like it and it doesn't hurt anyone) and I'm all in favor of it, if it doesn't change the reasonable perspective of poker being a game of skill that can be beat with a reasonable effort, which created a market.

Last edited by LeaksSuck; 05-22-2017 at 06:48 AM.
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 08:32 AM
Sure x% rakeback is great, but a mystery chest could be anything!--even x% in rakeback!
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 08:42 AM
Yeah, or it could be (i.e. will be) a massive hidden rake increase by not publishing any data on the underlying distribution of the chest's value and marketing it with "blinky blinky fun player experience".


Last edited by LeaksSuck; 05-22-2017 at 08:51 AM.
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 09:14 AM
how much are regs losing considering were getting around 28% rakeback now? is chest giving out even less rb?
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 09:21 AM
They said ppl lose at maximum 85% of current rewards value.
Assuming the current Supernovas are meant with that (open for reasons to assume sth different), this means 0.15*0.28 = 4.2% rakeback EV. EV cause the chest's value is bind to some method of randomization (the distribution remains a secret). Also the payout might be in form of sth. that is worth less than cash cause it needs to bet bet on -ev games to cash it out.
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 09:41 AM
Quote:
Originally Posted by LeaksSuck
Marketing poker as a game of skill that can potentially be beat for large sums made it attractive, not fun with cards alone.
The games will still be beatable, even if they change the rakeback to random rewards. It might even be easier to beat the games if more recs play more poker because they prefer the random rewards

Quote:
Originally Posted by LeaksSuck
There are play money games and countless other activities for that, ppl who are solely in for the fun will prefer.
So you don't think it is a good idea to try to get the play money players to start playing for real money? By making the rewards system more fun?
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 09:42 AM
Quote:
Originally Posted by LeaksSuck
They said ppl lose at maximum 85% of current rewards value.
Assuming the current Supernovas are meant with that (open for reasons to assume sth different), this means 0.15*0.28 = 4.2% rakeback EV. EV cause the chest's value is bind to some method of randomization (the distribution remains a secret). Also the payout might be in form of sth. that is worth less than cash cause it needs to bet bet on -ev games to cash it out.
There is a possibility of a cap for total rewards on say monthly basis. So not % wise but total value and 85% reduction for real mass grinders.
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 10:07 AM
Yeah.

To actually make a suggestion: Reload Bonus seems an attractive thing to get money into the pool partly paid by players who normally do never deposit. While this part of players will cash it out again mid/longterm, it might have positive short term effects on liquidity and work as rake accelerator. Worth a shot imo, could run a tester in Spain or France and see what it causes.
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 10:18 AM
Quote:
Originally Posted by Aces123123
So you don't think it is a good idea to try to get the play money players to start playing for real money? By making the rewards system more fun?
I think it's a better approach to get play money playing for real bucks by making it possible to earn decent ev in a high liquidity environment across different gametypes. This requires a reasonably beatable rake structure (not as in "Beat the Clock" where winning regs from other game types failed to beat micro stakes rake over a decent sample, so it's a pure raketrap), regs for the liquidity and an attractive [non-randomized, but planning reliability!] reward system to keep them in. The word can potentially be spread way more effective than ever before with methods like Twitch, Youtube videos, Poker boards, stable offerings and the tons of free study material out there. (This is pretty much what the Scheinbergs were trying to do with mucho success, but they had long term horizon which a publicly traded company is somehow likely has not. It also requires investing into stability and security of servers and support. I can only anecdotally describe support: Under the old owners, I received answers within minutes, making fair proposals to satisfy the player and keep it going. Now they take days to answer and the main part of their answers is copy/paste pre-constructed company-bull****-talk sentences)

It also suits the competitive factor of poker, no one prevents anyone else from becoming a reg and investing part/full time hours into poker, making decent money with sth he considers fun. Encouraging this is great longterm for the player pool just imho.

Simultaneously limiting #tables (and/or reducing their timebanks) on micro/lowstakes to prevent ppl from low wage countries to earn an income by 25tabling micros and ruining the experience for recs with long waiting times and very nitty play is a nice idea as well imo. Sorry to my eastern euro friends
Limiting #tables on mid/highstakes will just **** liquidity and rake/time for amaya tho and it wouldn't help the matter cause very few ppl start out at say 30$+ SnG games.

Last edited by LeaksSuck; 05-22-2017 at 10:46 AM.
PokerStars confirms new rewards program: Chests Quote
05-22-2017 , 11:34 AM
Quote:
Originally Posted by AM34
Sure x% rakeback is great, but a mystery chest could be anything!--even x% in rakeback!
Nice. Funny reference.
PokerStars confirms new rewards program: Chests Quote
05-23-2017 , 12:19 PM
what about rb?it is true that it'll cut for about 80%
PokerStars confirms new rewards program: Chests Quote
05-23-2017 , 01:56 PM
Quote:
Originally Posted by GreekHero12
what about rb?it is true that it'll cut for about 80%
Post number 4 on the first page...
PokerStars confirms new rewards program: Chests Quote
05-23-2017 , 09:30 PM
might turn some free chip players into real money players.

gg rb for highstakes holy crap lol
PokerStars confirms new rewards program: Chests Quote
05-23-2017 , 09:49 PM
do i need to redeem my starscoin for cash rebates soon? will that go away?
PokerStars confirms new rewards program: Chests Quote
05-23-2017 , 09:58 PM
Quote:
Originally Posted by mrfunnywobbl
do i need to redeem my starscoin for cash rebates soon? will that go away?
starscoin aren't going anywhere
PokerStars confirms new rewards program: Chests Quote
05-23-2017 , 10:26 PM
i'm not sure to get it. we will get chests instead of starcoins but we can win coins prize in the chest ?
PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 01:26 AM
Quote:
Originally Posted by Aces123123
The games will still be beatable, even if they change the rakeback to random rewards. It might even be easier to beat the games if more recs play more poker because they prefer the random rewards

So you don't think it is a good idea to try to get the play money players to start playing for real money? By making the rewards system more fun?
I can't believe there are actually people like you who think there is anything good about this lol, it actually ****ing boggles my mind. No wonder amaya is happy to deep dick us when people are so ******ed.
PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 02:00 AM
Quote:
Originally Posted by tofurocks
I can't believe there are actually people like you who think there is anything good about this lol, it actually ****ing boggles my mind. No wonder amaya is happy to deep dick us when people are so ******ed.
Actually that's good for some reason, rather than whining and b17th1n6 about it but still play there or worse,not even have any funds​ there..

What boogles me more is,since the changes of rake,to the reduce rewards of SNE and now this..Nobody ever ask or teach us how to exploit the rewards system that already there..
PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 02:19 AM
Quote:
Originally Posted by AM34
Sure x% rakeback is great, but a mystery chest could be anything!--even x% in rakeback!
Quote:
Originally Posted by Lego05
Nice. Funny reference.

PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 04:12 AM
Quote:
Originally Posted by Mr.DjiSamSoe
Actually that's good for some reason, rather than whining and b17th1n6 about it but still play there or worse,not even have any funds​ there..

What boogles me more is,since the changes of rake,to the reduce rewards of SNE and now this..Nobody ever ask or teach us how to exploit the rewards system that already there..
I read this 3 times and I have no idea what you are trying to say lol
PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 04:20 AM
Quote:
Originally Posted by tofurocks
I can't believe there are actually people like you who think there is anything good about this lol, it actually ****ing boggles my mind. No wonder amaya is happy to deep dick us when people are so ******ed.
If you could use the brain that you supposedly have, you would understand that the majority of profits come from bad players, not rakeback. The rewards for low volume players are really bad at the moment, but still better under amaya than before. I would rather take $9 in Ev and a shot at big prizes than $10 in cash. Of course there will always be a point were cash is prefered, I do understand that Supernovas prefer cash.

Give out some random tickets to high buy in games, and make the games softer in the process. Recs will be happy with their shots at big money and regs will be happy with softer fields. If some rec hits a big score, maybe he will start playing higher. Regs will make more and Amaya will rake more.

All this is pretty easy to understand, if you are not mentally challenged. I feel sorry for your parents
PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 04:20 AM
Quote:
Originally Posted by tofurocks
I read this 3 times and I have no idea what you are trying to say lol
what he's saying is that it's good that people are looking for a positive side to the rakeback changes. he's saying that it's better than complaining or quitting the site. He is confused because, as far as he can tell, people never look to exploit the system that is actually in place, and instead spend their time complaining about it.
PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 04:32 AM
Quote:
Originally Posted by foxtrotting rags
what he's saying is that it's good that people are looking for a positive side to the rakeback changes. he's saying that it's better than complaining or quitting the site. He is confused because, as far as he can tell, people never look to exploit the system that is actually in place, and instead spend their time complaining about it.
Perfectly​ put lol.. thanks man,my English need more works 😝
PokerStars confirms new rewards program: Chests Quote
05-24-2017 , 04:36 AM
Quote:
Originally Posted by Aces123123
I would rather take $9 in Ev and a shot at big prizes than $10 in cash.
You always could have gotten the $10 in cash and then if you wanted to, use $1 of the $10 that you got in cash to buy a lottery ticket for a shot at a big prize. Or you know, the whole $10 or however much of the $10 you wanted to spend to buy lottery ticket(s) for shot(s) at big prize(s).

Cash is cash. You can spend it on whatever you want.

Also, I don't have much information, but just from what I've seen, it seems the more accurate comparison is something like $10 in cash versus $2 in EV with a shot at big prizes. No?

Last edited by Lego05; 05-24-2017 at 04:44 AM.
PokerStars confirms new rewards program: Chests Quote

      
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