So maybe instead of everyone bitching about the new program, actually take action? Move to another site? You don't have to play at Stars. You are not entitled to whatever rakeback %. It is Stars (or any other sites) choice. If you don't agree move somewhere else.

I know Stars certainly doesn't care about what regulars are saying about them or their new program. They care about how much money they make. If everyone bitches about it but keeps playing there, they pretty much are right to do this (it obviously would increase their earnings a lot).

I am not on either side yet, still figuring out what this means for my bottom line. But if it turns out I can make more money elsewhere I'll pick up my bankroll and play elsewhere (just like amaya I pick the option with the highest EV)....actions speak MUCH louder than words.

Are you sure they were platinum at 10250?

if so, platinum 10250 = 21.97% rakeback
platinum 20000 = 11.26% rakeback

have you changed the type of game you play ? have you increase your volume? how many 10k chest were you winning per day ?

Please do learn to read and understand what you're reading, before you start calling people clowns, you clown.

This CEO of your does not say, recs will get more money with the new rewards system as you suggest, he just says it's aimed more for them now on. This in this case so far has meant "Entertainment experience" as he says, not more actual money or rb.

He thinks recs dont understand or care, and of course they can change the payouts if people dont take this change well / get out more promos. But why would they, if things really go smoothly and recs keep banking the money as he says has happened?

100% they were platinum I have been getting them since virtually the first day as I started at gold.

Probably about two/tree chests none at weekends. my volume hasn't increased just playing 3/4 zoom tables depending on how many microgaming PLO tables are running.

I have played plo 50 last couple of days rather than 25 but that surely cant be it can it?

I don't know what other people's platinum boxes require to open to be honest, I just thought everybody's would be 10250.

^^ Let's not lump the two changed components of the reward system together:

1) The total amount of rewards given to the player base.
2) The mechanism of distribution of that amount among players.

1) has definitely decreased. This is the bad side of the change, but it's a necessary evil after the deal between Amaya and the Scheinbergs happened irreversibly. Amaya's excuse for cutting the promo budget is the debt. I'm afraid the budget can't be increased that easily - Amaya would then be lacking free cash flow.

2) has changed to the better, in the sense that within the fixed, relatively small marketing budget (a >1.5 times smaller share of the revenue than in competitors), the scarce money is being distributed in a more deposit-inducing way than if the mechanism hadn't changed dramatically (e.g. if everyone started getting flat 5% in StarsCoins or if there were the same VIP levels but with twice fewer StarsCoins awarded per VPP) - in the latter case, the prospect of us earning money at Stars would be even worse because casual players would be even less excited.

In comparison with the massive (not illegal but morally questionable) hit on the poker economy that the Scheinbergs made by setting a sky high price for their business, ordinary regs' withdrawals are like pocket money begging.

yes it def can be it

Thanks.

Your 10250 platinums are the best rakeback posted yet
Almost every other gold/platinum poster has been on ~3% to 4%
I'm collecting info at the moment so this is helpful
How many points were your gold chests?

gold 4,250

The last one was Monday though as I dropped down a chest for not playing at weekend, They may have doubled as well now the same as platinum.

Also my % is better when I have been at platinum rather than gold, I have heard people saying the % is better in lower boxes but that wasn't the case for me.

I would only get like 3 dollars Value in all my gold chests.

Thanks, your gold is same as another poster here.
Yeah that's another thing that sucks about the new system: instead of keeping the same rakeback for at least a month, if you stop for one or two days (like a weekend) they set you back.

yep, variance

If my target changes when I drop next Monday and I remember I will PM you the new figure.

thanks

your gold chests require only 4250 pts ?

My silver ones require 6800 pts...

Fun update

I have played 3 sessions so far since chests were released (Thursday/Sunday/Tuesday) and here are my rake #s


Rake paid: $3842

StarsCoins: 5126
Cash: 68
$Ts: 44


Biggest chest so far has been
244 SCs + 25 cash + 25 $Ts

So 163$.. that's about 4.5% rakeback? Jesus christ dude :|

very fun update, thanks jdawg this inspires me to keep opening chests thx amaya

As I was reading through this thread today I came across what at first I thought was absolutely the stupidest thing posted in this thread:

I don't deposit therefore by your definition and meaning I contribute nothing, "into the poker economy." I don't actually have a big issue with this by the way. However the end result of this calculation you propose results in a division by zero therefore my reward percentage would be infinite. As well as being useless and meaningless this is just not how things work.

Then I got to this:


Please offer even just one example where money has gone back to recreational players.

Then we get to the stupidest of stupid:

There is literally zero evidence to back up this PR BS about how rewards or anything else of value have been shifted to recreationals. There has been nothing but cuts. Yes the cuts have had more effects on those who used to receive the most but everyone including recreationals have been cut. As for the long promised fantastic new promotions, beyond card match there has been nothing but crickets. Meanwhile the list of promos that have been killed is long and easy to produce. We could start with the Astronomer Freerolls that have provided free money to the lowest levels almost for as long as PokerStars has been around.

And just to be accurate what the CEO is accountable for is financial results not PR spin. And all the cuts in promotions and rewards have helped him meet those requirements, at least in the short term. All the broken promises to players are not part of his fiduciary responsibilities.

All this crap makes me think you are back on PokerStars payroll? Either that or it's just stupid is as stupid does.

He is even running over ev. Announcement said "up to 85%" less rewards. "up to" can logically just refer to "hitting those with the highest rewards in the old system = supernova+", which was 28% rb.

28*0.15 = 4.2% ev rb

Actually he is running under EV, his personalized rb is 4.6%

163.26/3842*100= 4.249%

platinum 48000 = 4.691%

see

Exactly. Correct

I cashed out and am playing at party. Have a euro g ticket left I will use at some point.

Seriously, posts like the above are ways more tilting the opening the silly coffins. As a company they have the right to set any price they wish for their products, however I'd appreciate avoiding unwelcome trolling here.

How many people here got the $1000 chest? It seems like only 1 or 2 only? What is the next biggest either cash prize, starcoins or t dollars one has received? Are there any $500, $200 or $100 prizes? When i opened these, each seem to be under 50 starcoins.

That vague sense of anticipation you get even though you know it's going to be another $2 is the most pathetic thing ever.