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Originally Posted by Carl Trooper
So is this an actual thing that will be happening?
Im sort of confused with it. Clubs will still run "illegally" regardless. So what benefit would this even be to US markets?
Do you remember those post from the beggining of the year? Where PPPPoker was doing this "year of". And their claims of no more credit issues,sustainable business etc? Thats basically PPPoker Pro.
It is full real money means all chips are fully funded. No more chips credit and being cheated by an agent and so on.
So right now agents and clubs have full control over the money. Under PPPoker Pro model money would be handled by PPPoker and agents would basically became affiliates that would get % of your rake as a reward.
MEans there would be no more credit issues and club/agents stiffing as they would not be handling the money.
This is what China basically become after Poker Master and so on collapse. Most of the sites that still exist are fully deposit/withdrawal and there is no more credit chips. Means no one can print those.
So in this model what PPPoker is trying to accomplish is basically get rid of Club owners and agents for the most part and just deal directly with players.
Players get less diversity (This is my assumption but I pressume it would be a one lobby solution like the other 2nd Gen sites in China right now) and unified rakeback/promotion system and I assume it would be much worse for them too (just look at Pokerstars and other sites like that recently).
PPPoker takes the lion share of what used to be taken by Unions,clubs and agents and wins massively. PLayers would be a lot worse too after initial promotions as lets be honest there is no good monopoly.
There would be still "clubs"per see and agents (now called affiliates) but it would be all fully controlled by pppoker as they would be the ones handling the money.
And yes up until recently PPPoker Pro was a very real thing that was getting extensively tested. I am not sure how PPPoker will react given recent backlash. They might scrap the project ,they might make some changes. No one knows really. Probably even PPPPoker doesn't know it yet fully.