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Old 05-24-2017, 05:23 PM   #126
Derp!
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Re: Stars confirms new rewards program: Chests

JokeStars: Pay us a bit more, and you'll get the chance to pay us less.
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Old 05-24-2017, 05:24 PM   #127
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by omnishakira View Post
do we know how much is required get a chest ? without that piece of info, that graph is pretty useless
Evidently it's different from player to player, but currently I need 1200 points i.e. I need to pay $12 in rake to unlock a bronze chest.

I do have 360 points of "boost" though, which means for the next $3.60 worth of rake I generate twice the amount of points.

Thus I need to pay $9,40 in rake to unlock this bronze chest, so I guess that's about 11% rakeback for this one.

I had silver status in the old VIP system and played fairly regularly.
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Old 05-24-2017, 05:29 PM   #128
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by Hood View Post
Yup, went live in Denmark today. Six tiers of Chests (inc bronze, silver, platinum like the old rewards tiers) that you progress through if you can unlock four in a day. Top prizes are $100 to $1000 with random bigger prizes. They published the pay table for each Chest, they work out at worth a few cents on average at the low end, to around $20 for Platinum unlocks.

Speed of progress however is personalized (based on play history and # of deposits) so only after a while will anyone get an impression of their unlock rates.
Did they remove VIP status in denmark?
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Old 05-24-2017, 05:33 PM   #129
Molteriet
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Re: Stars confirms new rewards program: Chests

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Did they remove VIP status in denmark?
They did, yes.
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Old 05-24-2017, 05:38 PM   #130
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Re: Stars confirms new rewards program: Chests

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Originally Posted by Exothermic View Post
Did i read that right, we have to pay $ to unlock the chest? WTF!!!!!!!!!!!!!!!!!
No that's not correct, sorry for the confusion. When I said "pay table" I meant it in the sense of a slto machine or video poker pay table. I should have said "payout table" to be clear.

All I meant to say was: They published the different prizes that can be inside the chest and the probabilities of each. From there you can work out the EV on each Chest. Like with CardMatch etc. The Chest is "free" to open once you earn it through play.

Quote:
Originally Posted by omnishakira View Post
do we know how much is required get a chest ? without that piece of info, that graph is pretty useless
It is "personalized", so no. You're right, it's useless on its own. But, once a player gets their progress bar and sees how much it will take them to complete it, the table will be useful to see on average how much that is worth. From there, someone can work out their own personal expected "rakeback" for that chest.

Edit: Just like Molterjet did above.

Last edited by Hood; 05-24-2017 at 05:43 PM.
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Old 05-24-2017, 05:48 PM   #131
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Re: Stars confirms new rewards program: Chests

well, ****
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Old 05-24-2017, 08:14 PM   #132
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by Molteriet View Post
Evidently it's different from player to player, but currently I need 1200 points i.e. I need to pay $12 in rake to unlock a bronze chest.

I do have 360 points of "boost" though, which means for the next $3.60 worth of rake I generate twice the amount of points.

Thus I need to pay $9,40 in rake to unlock this bronze chest, so I guess that's about 11% rakeback for this one.

I had silver status in the old VIP system and played fairly regularly.
And 8.77% rakeback for any chests you open after that one on the same day. Bargain!!!
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Old 05-24-2017, 08:55 PM   #133
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Re: Stars confirms new rewards program: Chests

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And 8.77% rakeback for any chests you open after that one on the same day. Bargain!!!
Please, sir, can I have some moar.
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Old 05-25-2017, 01:48 AM   #134
nobodynobodybutyou
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Re: Stars confirms new rewards program: Chests

Seems like there is the same big disconnect between Pokerstars / Amaya higher ups and what their players want / like as there is between politicians / media / elite and the everyday person on the street.

Wonder how this one is going to work out.
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Old 05-25-2017, 02:12 AM   #135
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by omnishakira View Post
No idea whats the point of putting variance in rakeback
I think this guy has the answer to your question.

Quote:
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it's gonna just make the reg's livelihood more risky.
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Old 05-25-2017, 02:15 AM   #136
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by Molteriet View Post
Thus I need to pay $9,40 in rake to unlock this bronze chest, so I guess that's about 11% rakeback for this one.

I had silver status in the old VIP system and played fairly regularly.
Sick, assuming you have played NL2 cashgame under the old system, you'd have had 27-38% rakeback (Silverstar, 10VPPs/1$ rake) , so up to 70% less under the new system. Looks like it's even hitting hard Micro-stakes.

Last edited by FR-Nit; 05-25-2017 at 02:24 AM.
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Old 05-25-2017, 02:29 AM   #137
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Re: Stars confirms new rewards program: Chests

My first gold chest comes out at an expected Rakeback of 3,889%. I need 18k points (180$ rake) to unlock it and the ev of the chest is about 7$. I play high stakes but that's more than an 85% reduction. Maybe the expected rakeback is higher for some of the other chests (wouldn't surprise me if it's not).

Last edited by Auca32; 05-25-2017 at 02:46 AM.
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Old 05-25-2017, 02:50 AM   #138
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by Auca32 View Post
My first gold chest comes out at an expected Rakeback of 3,889%. I need 18k points (180$ rake) to unlock it and the ev of the chest is about 7$. I play high stakes but that's more than an 85% reduction. Maybe the expected rakeback is higher for some of the other chests (wouldn't surprise me if it's not).
f me
so a 5/10 player has to pay $1.8million on average to get a chest that contains a buy in
i wonder what you need to pay if you have to redeem a platinum chest with the same top prize
$5million? $10million maybe?

Last edited by micro dong; 05-25-2017 at 02:59 AM.
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Old 05-25-2017, 03:12 AM   #139
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by Auca32 View Post
My first gold chest comes out at an expected Rakeback of 3,889%. I need 18k points (180$ rake) to unlock it and the ev of the chest is about 7$. I play high stakes but that's more than an 85% reduction. Maybe the expected rakeback is higher for some of the other chests (wouldn't surprise me if it's not).
3.889%
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Old 05-25-2017, 03:19 AM   #140
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by LektorAJ View Post
3.889%
Americans can't play on stars anymore mate Most of Pokerstars' market uses commas as decimal seperators.
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Old 05-25-2017, 03:45 AM   #141
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Re: Stars confirms new rewards program: Chests

They don't do so when they are writing in English unless they forget.
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Old 05-25-2017, 03:47 AM   #142
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Re: Stars confirms new rewards program: Chests

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Originally Posted by LeaksSuck View Post
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.
posts like this are hilarious.
there is some truth in it but it's so disingenuous.

"hey we wanna mass multitable,use all kinds of sophistacted software, seat script, use the dealth method of rakeback for years on end but fish aren't stupid and we care about them"
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Old 05-25-2017, 04:13 AM   #143
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Re: Stars confirms new rewards program: Chests

Any REC from Denmark here? Would really be interesting to see if it's also in the ballpark of 10% (which would make it an incredible money-grab from Amaya)
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Old 05-25-2017, 04:16 AM   #144
Auca32
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by LektorAJ View Post
They don't do so when they are writing in English unless they forget.
Pretty sure people understood my post. I was just sharing some information about the new system, not writing an English essay. Chill.
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Old 05-25-2017, 04:23 AM   #145
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by Auca32 View Post
Pretty sure people understood my post. I was just sharing some information about the new system, not writing an English essay. Chill.
Not everyone would realise it wasn't just a random huge number for the purpose of irony. That's why I posted the clarification.

But I'll chill about the mistake if you chill about the clarification
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Old 05-25-2017, 04:30 AM   #146
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Re: Stars confirms new rewards program: Chests

https://www.pokerstrategy.com/news/w...enmark_101031/
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Old 05-25-2017, 04:46 AM   #147
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by borg23 View Post
posts like this are hilarious.
there is some truth in it but it's so disingenuous.

"hey we wanna mass multitable,use all kinds of sophistacted software, seat script, use the dealth method of rakeback for years on end but fish aren't stupid and we care about them"
So you're suggesting giving out less rewards and/or aiming at unbeatable poker variants is good for recreational players? I'm obv arguing from a reg perspective (btw I never mentioned any software or such, u made that up) but if u wanna attack that, try to target the argument instead of my motivation...

Thx to the Danish guys keeping players informed.


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Old 05-25-2017, 04:48 AM   #148
gay_on_tse
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Re: Stars confirms new rewards program: Chests

Quote:
Originally Posted by Auca32 View Post
My first gold chest comes out at an expected Rakeback of 3,889%. I need 18k points (180$ rake) to unlock it and the ev of the chest is about 7$. I play high stakes but that's more than an 85% reduction. Maybe the expected rakeback is higher for some of the other chests (wouldn't surprise me if it's not).
I thought high stakes has no RB? Are 5/10+ getting RB now?
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Old 05-25-2017, 05:26 AM   #149
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Re: Stars confirms new rewards program: Chests

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Originally Posted by LektorAJ View Post
3.889%
In the long term, Stars random rakeback rewards will regress to a mean of about 3.50%.
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Old 05-25-2017, 06:34 AM   #150
Auca32
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Re: Stars confirms new rewards program: Chests

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I thought high stakes has no RB? Are 5/10+ getting RB now?
I was referring to sngs. 5/10 is unchanged.
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