Quote:
Originally Posted by WiseBeyondYears
This site rakes preflop 3-bet pots. It's absolutely the worst site you can possibly play on!
This plus without winning (top 3) leaderboards, which is literally impossible on lower limits due to individuals taking turns (shifts) with account to consistently grind for 24 hours I only get 15-20% rakeback from the fish buffet (based on PVI).
Further, when adding the jackpot fee it's less rakeback (haven't calculated), but it's a lot less. Sadly, I live in Ontario and we end up like U.S with big brother (regulation) locking us down from other options like party poker, pokerstars, 888, etc. On these networks not only they increased the rake by nearly half, but also there's literally like a player pool of 6-8 on the lowest limits, probably within the site with specials promos to keep any traffic going.
I was fortunate to play from 2004 and the difference in hourly profit is significant when I was receiving 55-60% rakeback and without three bet pre being raked. On top I was getting some $100-150 tourney tickets for free. I simply cannot understand how these networks lately are alright to lose millions, because they're apparently OK to get significantly more rake from like 2-3 players out of 15, than to give out more rake to 9-11 out of 15.
Any promotions that are based on races, jackpots are just bad long term, because they are not in the interest of the players. There's one promotion "GGcare" that's good for 5-10NL, but again it's not rakeback. Include the $ they're giving to affiliates and ads (sponsorships) with also now regulations creeping the state of online poker has never been worse for cash games. Then there's the 2% fee I pay for currency conversion whenever I deposit or withdraw, and there's also deposit/withdrawal fees, so now imagine if there were on top taxes.
It doesn't surprise me why more are avoiding cash games and go for MTT's (tourneys), but I don't see myself sitting 8 hours on a good Sunday just to double or triple my buyin, and if I did a tourney, based on past EXP networks will do all they can to not allow me to cashout big sums. The only good news is more are aware of the importance of rakeback, and if more are not earning $ means more opportunities for other networks to get into the market sooner rather than later.
Last edited by Hronmeer; 08-08-2022 at 10:48 PM.