Quote:
Originally Posted by Richas
OMG. I am going to have to dumb this down a bit for you.
Player deposits $100, gets raped, has no fun. Site gets some (but it cost more than $100 in advertising to get him to try). Reg gets some.
Result - potential player put off online poker for life.
Player deposits $100. Has some winning sessions, some losing sessions, has some fun. Loses his $100. Enjoys poker. Deposits $100 a month for say ten years.
Site says yum, regs say yum - can you not see that the $12,000 dollars in that decade is both your lunch and the site's lunch?
Fish lasting longer means the regs would not say 'yum' to the same extent because the site is getting a higher proportion of that deposit now. Of course the sites say 'YUM' even more because of that. Now the regs have to hope that that player redeposits to potentially gain more than they were getting before. If the fish doesn't redeposit then the regs have lost out. Most fish imo would not redeposit due to lasting longer. The site gets a bigger slice of cash than before regardless of whether the fish redeposits.
Quote:
Originally Posted by Richas
You - pay nothing to the site, you earn on the site and take money OUT. That 1 rec is worth 100 of you.
I pay tonnes of money to Stars. Lets explain.
If reg A wins a stack off a fish, and reg B wins a stack off a different fish, and both fish now quit and log off the client.
Now reg A and reg B play a hand of poker against each other and the hand gets raked. That rake money for that hand has been paid for by reg A and reg B. You probably think that the two fish have paid the rake, but those two had quit the game and are going on with their lives at the time the hand is taking place. How can it be their money that is being used to pay the rake? They have relinquished ownership of that money when they lost the earlier hand of poker and got stacked by another player, so that money is no longer theirs, and it belongs to someone else. If they have not relinquished ownership of the money, then is this not illegal that their money is being spent without their knowledge? This would effectively be theft right?
Clearly my initial way of explaining it makes the most sense, where the regs pay the rake out of their own pocket.
Otherwise, if we use your explanation of events, what if I lose $30 to a fish on one day, then the fish logs in the next day, then loses his entire amount of $70 to other players. You would then say that the fish has paid all the regs at that table $70, but that doesn't hold up since surely $30 of that money is still 'mine' and so the fish has paid $40 and I have paid $30 and so both the fish and myself have contributed to the rake and other player winnings. Therefore I'm still contributing from your explanation too right?
You seem to think that all deposits on a site immediately belong to a site, minus whatever is taken out by winning players. In reality, absolutely zilch of that deposited money belongs to the site YET, and the site only gets whatever they are able to eventually charge in rake for hands dealt. Therefore the site gets money IN from all of the players. Since regs contribute more $$$ out of their site balances than the recs do, from the site's point of view, regular players put more money into their coffers than recreational players put in. Hence therefore the higher contributors of rake are more important to a site, and they reward them in order to keep their loyalty to the site.
The site does not care which players win or lose money, it makes no difference to them, and they care more about the players that pay more rake to them.
Last edited by Doofus Krondelly; 02-28-2015 at 04:48 PM.