Open Side Menu Go to the Top
Register
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast

09-22-2015 , 03:58 PM
My analysis of the current situation and the potential solutions is somewhat different to Melea's, but...
Quote:
Originally Posted by MeleaB
Negreanu really doesn't have much of a clue about the online eco-system, and that's a good thing for him. It means he can endorse all of the shlt that Amaya come out with, without feeling guilty.
^ This rings true.

EDIT: If Negreanu was forced to play 50,000 hands of PLO50, he'd soon realise why regs and recs are completely pissed off.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-22-2015 , 04:07 PM
Quote:
Originally Posted by restorativejustice
"Multi-table grinders" make the experience far slower and less enjoyable (no chat/robotic slow play/more losing because of HUDs and better opponents) for recs. They are an undeniable "evil" as you say if they discourage recs from depositing and playing and redepositing and playing et cetera.

As for reducing rewards being equivalent to an increase in rake, I disagree. While rewards affect net returns for grinders (a term which I use to include regular winning players) it has less of an impact on recs. I would much rather see rakes reduced overall or rewards increased only on the low-end for more casual players. If those changes "need" to be funded by lowering rewards on the high end for grinders and SuperNovas then so be it.

Recs depositing and redepositing because they enjoyed the play/fun/dreams that their deposit money bought them is what will keep online poker alive in the future. Doing what multi-table grinders want will only help them at the long-term expense of recs and, perhaps, PStars.

The only Amaya Exec I have ever met (which I did in a social situation a little over a week ago) was EXTREMELY intelligent and certainly far more so than what many on this Board would attribute to anyone at that company. If he is indicative of those above him, I doubt Amaya will do anything "stupid" or self-defeating regardless of what grinders think.
Wait, so Stars changes formats from 12-tables max to 24-tables max and it's the 24-tablers who are at fault and not Stars?

Also, how anyone can argue that raising rake is fine is baffling to the mind (well, sort of, there are trolls and then even Isai used to post on 2+2 incognito).

If the game becomes unbeatable due to vig, then many recs will follow suit and leave. Poker recs are not quite the same as roulette recs.

Finally, it's great that you met someone from Stars and he impressed you with his intelligence, but there have been many extremely intelligent people who have run companies into the ground before. Many times employees and/or customers do not know which ideas are the best ideas for a company but usually they are the best judge if an idea is being implemented in the best way for the company.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-22-2015 , 04:44 PM
^^^
At no time did I argue in favor of raising rake -- in fact, the only comment I make on the topic calls for just the opposite (and that -- if "necessary" -- such a reduction should be done by lowering rakeback rewards at the high end).

As for the Exec I had an opportunity to socialize with, my point was that he came across as far more intelligent and far more knowledgeable about the operation of his site and the workings of the online poker "ecosystem" than most of this Board would credit to anyone from Amaya (I know I came in with that bias).

Yes, very smart people make decisions that do not work out. That's life, my interaction convinces me that if things do not work out it is not because Amaya does not want them to or does not intend to make decisions for the long-term health and profitability of its recently acquired asset.

Bet with your head and not above it.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-22-2015 , 05:00 PM
Quote:
Originally Posted by restorativejustice
Bet with your head and not above it.
Hopefully this is what you told your new social buddy.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-22-2015 , 06:57 PM
I hope no one is holding their breath that DN is going to be PLO's saviour. DN is a company man and the only difference between him and any executive at Amaya is he doesn't like being branded as such.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-22-2015 , 09:05 PM
when will stars announce their changes? heard october somewhere but not sure
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-22-2015 , 09:52 PM
Quote:
Originally Posted by scroosko
the reality is he probably
uh huh.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-23-2015 , 01:13 AM
Quote:
Originally Posted by Sect7G
DN is a company man and the only difference between him and any executive at Amaya is he doesn't like being branded as such.
Very true.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-23-2015 , 01:26 AM
DN may be the face of the company but the end decision isn't his to make. What's not to get here? lol
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-23-2015 , 12:53 PM
Daniel is so rich, we are all ants
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-27-2015 , 02:06 AM
So PLO is the new NLHE for online cash games, a potential new golden goose ? Did I miss something ? Since when ? And what does it even mean ? more trafic at plo then nlhe this days ?
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-27-2015 , 02:23 AM
Quote:
Originally Posted by SeaKing
Here is the info from 3rd party tracking sites for table profit at 100zoom for the 50 players with the most volume this year:

1) only 24 are > +0$ before VPP/FPP bonuses
2) 15 are winning between 0 and +2bb/100
2) 7 are winning between 2.01 and 5bb
3) 2 are winning > 5bb
4) no one has a winrate > 10bb
5) no one is winning more than the rake they pay

Here is the info for 200zoom:

1) only 22 are > +0$ before VPP/FPP bonuses (21 if you don't count bots)
2) 13 are winning between 0 and +2bb/100 (12 if you don't count bots)
2) 5 are winning between 2.01 and 5bb
3) 4 are winning > 5bb (3 if you dont count bots)
4) no one has a winrate > 10bb
5) 1 player is winning more than the rake they pay (has lost very slightly for the last ~100K hands so will likely be 0 at the end of the year)

So for the top 50 volume players across both 100 and 200zoom 99 (all) of them are paying more to PokerStars in rake than they extract from weaker players...

For NLH there are 0 players in the top 50 volume players at both 100 and 200zoom who have negative table profit because of the rake.
WOW
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
09-28-2015 , 06:02 AM
Quote:
Originally Posted by MeleaB
There are basically only two types of players: fish and winning players who all mass-table. Claiming the winning players make the experience less enjoyable for the fish is accurate, but it's inevitable and not the problem.
Not all winning players mass table. That might be mostly true on Stars due to the reward model but it's certainly not true industry-wide. I don't mean just due to table caps either, for example not everyone has the mental capacity to 6+ table PLO, even some winning players. I'm sure there are also winning players who play an exploitative read-based style that prefer not to mass table.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-02-2015 , 07:03 PM
Quote:
Originally Posted by DNegs
Totally on board and have been for some time on this issue. Coincidentally I have a meeting later today and was already planning on bringing this issue up again. Obviously I can't make any promises since I don't have the power to make these decisions, but I can promise you that I will do my best to make a case for an adjustment here. Thanks for the additional summary showing the rake differences between NLHE. I will log that and bring it to the meeting.


...while he whole-heartedly supports the VIP changes. Not sure where his heart lies at.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-02-2015 , 07:16 PM
Quote:
Originally Posted by CyberShark93
i'd bet $350 on stars not decreasing rake within the next year
also do i win double if they increase the rake instead?
guess who saw this one comming?

GOAT
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-02-2015 , 07:19 PM
LOL the dude needs to stop acting like he has any sway. Go play your ****ing card Dnegs and stop acting like you give a **** about online poker....
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-02-2015 , 07:24 PM
Honestly guys, DN isn't the stupid one here -


He plays <10k hands on stars/year
He gets millions from stars.


Why the F** does he care about us?? He doesn't, his goal is just to flash on TV and promote pokerstars or whatever until they run out of money or cancel his contract.




Instead of bashing on him, put yourself in his shoes and ask this - Would you complain to your employer about paying <$1000 in fees/year for your job when they give you a yearly salary that is 7 figures?


If you seriously think you'd whine about a couple bucks to your employer from getting a 7fig payday, then go ahead bash on him - but seriously, every poker pro looks out for himself and has to do what needs to be done to put food on the table. Don't expect someone to do that for you.


If there is a legitimate problem, all the regulars need to unite and create a strike or some suit, and NOT think that a top sponsor is going to be on your side.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-02-2015 , 09:51 PM
Double

Last edited by Yumbula; 11-02-2015 at 10:20 PM.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-04-2015 , 11:35 AM
seriously, all the people bashing on DN should think twice about where to put the blame. I think it is very unfair, he clearly stated he will be dealing with the issue and putting out a statement. Ho about keeping the vitriol to yourself and waiting for his final statement before grabbing the pitchfork? I almost feel like those of you doing the bashing ****ing deserve all this crap and Im fairly certain mst of you would be very quiet if you were in his position...he does not owe you squad douche and I would think very hard if its worth helping lynching degen hypocrits
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-04-2015 , 12:03 PM
Quote:
Originally Posted by napsus


...while he whole-heartedly supports the VIP changes. Not sure where his heart lies at.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-04-2015 , 12:37 PM
Quote:
Originally Posted by centebakkie
As a recreational regular crushing the penny tables I never cared about the rake, probably killing me anyway. Never posted in any of the rake threads.

Until I just checked the rake difference between NLH & PLO cash in my HM2 database

FFS yes now I care.
Quick take his HUD away! Phew thats was close.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-04-2015 , 02:22 PM
Quote:
Originally Posted by Krataman
seriously, all the people bashing on DN should think twice about where to put the blame. I think it is very unfair, he clearly stated he will be dealing with the issue and putting out a statement. Ho about keeping the vitriol to yourself and waiting for his final statement before grabbing the pitchfork? I almost feel like those of you doing the bashing ****ing deserve all this crap and Im fairly certain mst of you would be very quiet if you were in his position...he does not owe you squad douche and I would think very hard if its worth helping lynching degen hypocrits
He's not being quiet at all tho, if he was quiet like Ike or other Stars pros he wouldn't have gotten nearly as bashed the last few years. Instead he's says things like upcoming changes are good for 98% of players when basically all players are getting shafted. Meanwhile there are other stars pros and you don't see them getting bashed left and right cuz they don't say silly things like I could be 5knl with 2 weeks of study or defended rake hikes and VIP reductions when rake is already killing games like PLO which has proven to be a rake trap. The dude does it to himself.... over and over.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
11-04-2015 , 02:37 PM
another difference is that dnegs is uppity self-proclaimed tell it like it is guy - "i am better than you because vegan choice center". ike kinda just keeps his head down and grinds, sometimes while ignoring stinger multi accounting, but whatevs
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
01-01-2016 , 06:18 AM
At least he made sure we got 4million in freerolls that did not exist before.
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote
01-01-2016 , 07:05 AM
Quote:
Originally Posted by lavender_lemon
At least he made sure we got 4million in freerolls that did not exist before.


Please tell me that's sarcastic
View: Negreanu should look into the PLO rake situation as promised on J.Ingram Podcast Quote

      
m