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PokerStars confirms new rewards program: Chests PokerStars confirms new rewards program: Chests

06-02-2017 , 09:25 PM
I'm looking forward to what I assume it's stars final play. Mobile only gaming . That will purge most the cheating /mass tabling pros and only leave the elite. 98% recs 2% pros like it's supposed to be


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PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 12:13 AM
Quote:
Originally Posted by Rusemandingo
Currently for platinum you release a 25 dollar bonus (27.5 every 5th) for every 500vpps earned which is 90.9 dollars raked. That was good for 27% rb.

Im going off math that other people itt did for EV of chests. Assuming same release benchmarks, youd get 21.52 every 90.9. Which would be 23.67% rb.
If 4 chests per day is in fact the max that would mean 60k vpps earned per month would be where rb is capped. Obv thats assuming a lot of variables without proper evidence.

This is definitely a cut, but not as drastic as i was assuming. And the rb cut aside, i think the chest promotion is a lot better motivation for recs than the old system. As we've seen with the popularity of spins, recs love the thrill of added gamble. They might not be motivated to grind to the next level if it's just the standard 2500 starscoins, but if it might be 40x that they will.

People bad at math and logic sometimes make poor decisions when it comes to stuff like this. As seen in this short documentary.

https://www.youtube.com/watch?v=GKZJdaiJF84
If you are platinum presumably you would be going for the 2nd biggests chests which are worth about $7 each. I think you have to rake a lil bit more than $29.50 for one of those. Just a lil bit.
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 01:49 AM
Quote:
Originally Posted by MATT111
Pretty sick how Party took most of Stars' 6max MSPLO action already, even though the new rewards program isn't even active yet.
is that so? just peachy, I love it. Hope they take HS,and micro stakes players too.

Quote:
Originally Posted by LeaksSuck
Yeah, hope they'll get a decent chunk of SnG action as well after releasing their new structures
Already is picking up in some areas, I can only imagine more players will do the same in the coming weeks and months.

Quote:
Originally Posted by b1ochemical
Absolutely ******ed idea to make even rakeback random and based on luck or whatever. This is not stopping, they are ****ing us all over in every possible way.
The way this company operates is just disgusting and they deserve to lose their players.
Agreed, imho this shows a lack of respect for players who like rewards in a linear manner. Albeit they can choose their own product or model as many have alluded to, I just dont think its a truly overall appealing model for most.

Quote:
Originally Posted by cilderr
ty, already found a site with way softer games and after modding the software its almost as playable as stars and even daytime traffic is ok.
Good stuff, only way to show them is to teach them is with your wallet! Wish you luck on new site sir, I know I am enjoying all of mine
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 04:08 AM
If anyone's interested, just going to post this here since this thread has a lot of traffic.

http://forumserver.twoplustwo.com/29...erest-1669476/
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 04:46 AM
its day 3 in Denmark, has anyone worked the numbers?

I've read 3.5% and 1,xx% somewhere itt but Im assuming its just an assumption
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 07:50 AM
https://steemit.com/poker/@bnoise/ne...st-impressions

From a goldstar... with the chests system currently has 24% RB. Also, he opened 5 chests that day, so no limit of 4 chests per day. Will be interesting to see if he starts at Red Chests again tomorrow or at the Blue level which should theoretically even bump up his RB...
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 08:02 AM
Quote:
Originally Posted by DJSirMatthew
https://steemit.com/poker/@bnoise/ne...st-impressions

From a goldstar... with the chests system currently has 24% RB. Also, he opened 5 chests that day, so no limit of 4 chests per day. Will be interesting to see if he starts at Red Chests again tomorrow or at the Blue level which should theoretically even bump up his RB...
That guy was just running really hot with prizes. When people are talking of RB they mean the average value of a chest not what they won in a five chest sample.

With his five chests two were the most valuable types of red chest 4% chance and the blue was third most valuable 7% chance.
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 08:10 AM
Quote:
Originally Posted by DJSirMatthew
https://steemit.com/poker/@bnoise/ne...st-impressions

From a goldstar... with the chests system currently has 24% RB. Also, he opened 5 chests that day, so no limit of 4 chests per day. Will be interesting to see if he starts at Red Chests again tomorrow or at the Blue level which should theoretically even bump up his RB...
...

" but maybe it's luck, let's see how it goes!"

You know whether it's luck by looking at the ****ing table.



He hit a top 4.01% prize 2/5 times

The $1.17 is only offered for blue chests. Also, it was a top 11.01% prize.

"Hey, guys, my kings cracked aces 3 times in a row. May it's luck. Let's see how it goes."
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 08:23 AM
This thread is Aids,please mod, close it..
All whining and b1tchin6..
Don't like stars,go take your money somewhere else..easy!
The thread supposed to inform what the changes are and how to calculate it..better if someone can point out how to exploit it,with the current change/situation..

Please just stop whining and take your money to somewhere else site
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 08:40 AM
Quote:
Originally Posted by Mr.DjiSamSoe
This thread is Aids
It is indeed an aid as Stars is not being completely transparent.

Quote:
Originally Posted by Mr.DjiSamSoe
Don't like stars,go take your money somewhere else..easy!
The thread supposed to inform what the changes are and how to calculate it..better if someone can point out how to exploit it,with the current change/situation..

Please just stop whining and take your money to somewhere else site
Maybe people like some aspects of Stars (software or traffic or game selection) and not others (like effective rake). Complicated!

Quote:
Originally Posted by Mr.DjiSamSoe
The thread supposed to inform what the changes are and how to calculate it..better if someone can point out how to exploit it,with the current change/situation..
How to exploit it? Be lucky?

Quote:
Originally Posted by Mr.DjiSamSoe
Please just stop whining and take your money to somewhere else site
Once you stop whining about other people's legitimate complaints.
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 08:41 AM
Quote:
Originally Posted by RecreationalPlayer
Dude. Please. You are not a finance expert. If you were, you could at least see the angle they were trying to take.

Any company with amaya's market share would do the same. It's just good business. Whether it turns out to be the best move, well only time will tell. But that's being results orientated.
(the above post wasn't in reply to me)

I may be wrong as I am not a finance expert but I am using common sense.
-Regs only tables will not run almost at all now
-you can count the pro/rec ratio overall but no matter how much that changes for a 6max tables it will still be 5 regs and 1 fish, and those 5 regs will be the best players left and will skin the fish at a higher rate.

So unless you somehow think there will be more than 1 rec at the tables after the changes what happens will be this:

fish are getting beat by (a lot less in number) regs at an even higher rate, bumhunting will go even wilder creating an environment that can chase some fish away.
There is also the unknown side effects that are likely all bad for them: eg. word of mouth, forum posts that are all negative and giving Stars a bad name possibly chasing away some future net depositors also.

I fail to see how this biz model would be better than the sne model where the bottom line is that recs were losing money at a lower bb/100 and you would often see regs only action.

Ok, now they are paying less rewards but it doesn't offset the other disadvantages. The negative image and lack of regs only action alone costs them more imo.
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 08:42 AM
Ok, so in the old system that goldstar member had 15-16% RB

Taking the EV of the chests and not what he won, on avg he should have gotten 0,92$ for his 5 chests . He paid 10,375 $ rake according to his VPP (83) but according to the number of reward points he should have paid 17,95$ rake, so that makes 8,87% RB (or 5% RB). Is that the effect of boost (he only mentioned it in his first chest clearance)

If he starts at the blue chest level the next day, will his RB % be higher?

PS: Just noticed he also states 100 starcoins = 1€ but that's not true, it's actually 106 starcoins for 1€...
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 09:20 AM
Hello everyone i played professional last 11 years and in 1 june in italy (my country) arrived this promotion (the old vip sistem is not changed is DELETED... then please is mistake call him "new vip sistem" because is just a very confused terrybad promotion)

to explayn which kind of player I am:
I deposited just when i open account 11 years ago and just always withdrawn) in last month (may) i did 19.700 € in rake playing spin&go hs.

This promotion is studied to give zero trasparency at players.
too if you can give average ev€ to every chest there are 2 things that change At full Amaya's discretion: point necessary to get chest and value of boost to get with less points the chest.

They ask me to do 18.000 points (180€ rake) to open my gold chest (average prize 7€) ...and i must reach 4 times on a row in same day a gold chest to play the next day for platinium chest (average 21.52€)... but, ops wait!! after to open platinium chest sure Pokerstars will ask u more than 18.000 points!

Every 8 hours they give us a "boost", they give to me a boost of 1080 point then i need from the start 16.920 points (169.2€ to open a average 7€ chest). I can wait 8 hour to get a new boost but the boost change a Amaya discretion then is impossible to calculate how much rake u must do to open a chest.

I asked a lot of question at support but they reply to me that this promotion not even them still know:
- % difference with which can change the value of boost and the value of point required to open the chest! not just the boost change how they want but, (warn!!) too the points necessary to get a chest.

Amaya do every change, chest for chest in points and boost at completly their discretion so every percentage calculation to know an "average rakeback" is impossible to do
sure is near 80% less and all this little trasparency is because they dont want admit that they cut the vipsistem about 80% (at least for reg, but i am sure that they cut too at rec)

Then sure too if i open 4 gold chest on a row in one day and the day after i will play for platinium chest maybe i need not 18.000 points but "25/30/50k points??" to reach the new platinium chest (21.52€ average prize).

So near zero transparency.

Sure is just:
1) every 8 hours u have a boost (but they cannot and dont want say you how % will change this boost)
2) u need to complete 4 chest of same colour to play for the next chest more high
if u play 4 chest of same colous in 4 different day you will play the next 4 times for lower chest
3) to mantain the same chest you must reach at least 2 times in same day your kind of chest.

i stopped to play To protest and to know how work this promotion... but, guys, i never saw a so confusional and not transparent promotion like this.

I am waiting for other reply from stars.support and asked to other regs that already tried to play and i will you let know and write every thing that can give more transparency at this really ridicolous promotion.

I sent a email writing my disappoints for how they treat the old clients that helped pokerstars to became a great company, i withdraw near all money explayn them that some texas discipline, specially in italy with 2% higher rake, will be impossible to play without rakeback (hyperturbo sng/spin) and that so if the reg stop to play the traffic will collapse... and they reply to me that can understand me, that maybe is true, but this promotion is just in beta test and they want see the market reaction and feedback of clients and they, maybe, will change something.

Then I invite everyone to write email complaining about what Amaya did and withdraw money advising them that you will change pokeroom and give ur rake at competitor. Dont listen just jelous people that maybe is happy if u cannot win so easy their money. Amaya must understand that this move is dangerous move and without regs too the traffic will collapse.

sorry for my orrible english i wrote this message speedly and i hope to helped someone of you a little bit to understand what will happened too in other country with pokerstars client.

Have good day

Max
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 11:36 AM
thanks for your reply, hope more guys from italy or denmark will report in
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 12:22 PM
Stars has said they only want recreational players on the site. This is a continuation of that policy.
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 12:34 PM
Quote:
Originally Posted by iamblackornot
thanks for your reply, hope more guys from italy or denmark will report in

From Denmark here. I am getting pretty much 0% in rakeback now. Ok, its prolly closer to 4%, but whatever. I was a supernova getting around 28% before, so in effect my rakeback has been removed.

Lots of danish regs have already moved their action to other sites. Mostly party it seems. My guess is that Stars will lose a lot of traffic when they roll out the Chest system to the rest of the world. You have to wonder if all those break even grinders and small winners will stick around
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 12:59 PM
Quote:
Originally Posted by bumpnrun
Cool. Hopefully u quickly make back the money u had to spend buying a huge database of illegally obtained HHs

That's what I assume u mean by modding the software since it's just "standard" in your world to operate outside the sites TOCs
He means that he edited code (or made changes using preexisting options) to change the visual appearance of the client, tables, etc. on his computer screen.

Modding the software does not mean "buying a huge database of illegally obtained HHs."

See:

Dictionary.com: Modding
PokerStars confirms new rewards program: Chests Quote
06-03-2017 , 05:03 PM
nah lego he is right i bought 1 zillion hands and fed them to my machine learning dreammachine pio clone which im currently using for botting the **** out of all the poor recs.
PokerStars confirms new rewards program: Chests Quote
06-04-2017 , 06:16 AM
what is the avg RB of the lowest chest ?
PokerStars confirms new rewards program: Chests Quote
06-04-2017 , 06:26 AM
about 3.5%

Last edited by Spudhead; 06-04-2017 at 06:27 AM. Reason: no really
PokerStars confirms new rewards program: Chests Quote
06-04-2017 , 06:31 AM
Quote:
Originally Posted by Spudhead
about 3.5%
Better than 0
PokerStars confirms new rewards program: Chests Quote
06-04-2017 , 06:35 AM
Quote:
Originally Posted by Mr.DjiSamSoe
Better than 0
Worse than 3.6%
PokerStars confirms new rewards program: Chests Quote
06-04-2017 , 07:01 AM
Quote:
Originally Posted by MAXSHARK
Then I invite everyone to write email complaining about what Amaya did and withdraw money advising them that you will change pokeroom and give ur rake at competitor.
+1 and everyone, tell all your friends who want to play online poker to play on other sites, not on Pokerstars.

Maxshark, what about others italian regs, are they leaving too? How the players react against this new rewards program on the italian poker forums?

Same question for the danish
PokerStars confirms new rewards program: Chests Quote
06-04-2017 , 07:02 AM
well they're better giving 100000 PCA packages per day as their ''regular big prizes not on chart''.
PokerStars confirms new rewards program: Chests Quote
06-04-2017 , 08:03 AM
Quote:
Originally Posted by Lego05
Registered account today. Made only this one post. Obvious brand new gimmick account created by someone to troll, trying to start stupid argument and derail thread. No need for anyone to respond.
I guess being a mod you end up seeing trolls everywhere but I'm serious. This was the shakeup poker needed. It's like in the animal kingdom where the unsuccessful animals (the trash tier breakeven regs) die out to make way for the crushers. This will mean more fish for the skillful players to enjoy and none of the bad-reg "filler". Once again 'Stars is proving why they are the market leader.
PokerStars confirms new rewards program: Chests Quote

      
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