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

07-07-2017 , 04:22 AM
Quote:
Originally Posted by jdawg91
Raked over $1300 today and this is what I got in my 5 chests lulz

23 stars coins
3 cash
2 $Ts

318 scs
3 cash

80 stars coins
1 $Ts
3 cash

243 scs
1 Ts


951 scs
5 Ts
Quote:
Originally Posted by coon74
TypeApprox EVExact EV
Red$0.15$0.147293
Blue$0.46$0.455779
Bronze$1.17$1.170647
Silver$2.97$2.968565
Gold$7.50$7.501556
Platinum$22.52$22.519063
Are all 5 of those platinum chests, and you're running quite under EV?
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 04:22 AM
Quote:
Originally Posted by Hood
Ok cool I get the same as you, and PokerStars have actually revised these numbers upwards. They have done in Denmark too, so this looks like a global change. Value of Chests has gone up across the board - 2c on Red, 6c blue, 12c bronze, 25c silver, 50c Gold and $1 platinum.

They have also made them a lot less top heavy. The top prizes has been reduced in 3 of the 6. The lowest prize only pays out 22% of the time; before it was 33%.

That's not the kind of change that's going to get Supernovas back on board, but still good to see PokerStars revising things both in dollar value and variance since launch.
Confirmed Amaya cares about it's players
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 04:50 AM
Quote:
Originally Posted by pontylad
It will barely affect fr running 400nl+

sng's will be decimated.
Small stakes zoom (25NL - 200NL) will suffer massively. Majority of regs there were very reliant on rakeback and the number of recs who play is reliant on large numbers in the pools.

I also think Stars may have really fked up thinking the recs would like this new program...
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 05:21 AM


BOOOOOOOOOOM
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 05:38 AM
I don't feel awfully clever for leaving a 3500 points step 99% cleared and waking up to see it was turned into half a blue chest.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 05:56 AM
Quote:
Originally Posted by Bergin
I e-mailed them and it turns out they credited me 20 coins (20cent) for my 90-95% done 2500 bar. I asked them wtf basically and they sent me this.

Hello,

Thank you for contacting us back.

Unfortunately, we are not able anymore to credit StarsCoin not earned with the old VIP system.

The new Stars Rewards loyalty program is aimed at increasing the number, frequency of play and total deposits of new and casual players (who are the lifeblood of any poker economy) by continuing to make poker fun and relevant to today's players. We believe that our new rewards program is another important element of this plan by making the experience of earning rewards more fun and engaging.

In regards to specific game types players will still receive progress to their rewards via all game types and bet types for poker and, where available, for casino and sports.

We thank you for choosing us and if there is anything else we can do please let us know.

Regards,

Antonio
Stars Support
Email them again and tell them to take another look. They credited my stars coin in the end - think it was 89% full and I got 89% of my stars coin back but only after I had opened a chest. The problem was, they didnt give a set time and date for the changeover so it would be downright nasty and deceitful and probably break the terms and conditions of their gaming licence if they were to steal stars coin like that.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:00 AM
Quote:
Originally Posted by MilkMan
Small stakes zoom (25NL - 200NL) will suffer massively...
Hu will face slow and painfull death.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:02 AM
Wasn't HU already excluded from rewards?
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:09 AM
It's just a massive blow for everyone out there.

Unfortunetly, on other sites the software is unplayable.

When you look at the graphics of video games it's scandalous that the likes of Party Poker can't create an aesthetically pleasing 2 dimensional poker table to play on
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:15 AM
can you guys confirm there is no "old progress bar" to coins conversion visible in StarCoins audit requested via functinality in the client?
but can be calculated from that report. is that accurate?
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:17 AM
Quote:
Originally Posted by Hood
Wasn't HU already excluded from rewards?
Have no idea. Only know that hs games were.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:33 AM
Quote:
Originally Posted by spewmonk3y


BOOOOOOOOOOM
A real kick in the guts....I mean chest
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:33 AM
Depressing read through the last few pages of this thread. Jdawgs post is pretty sickening.

Gl to everyone out there playing this game for a living. Only gonna get tougher from here...
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:43 AM
New reward program:

Spoiler:
nsfw
Spoiler:
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 06:49 AM
Quote:
Originally Posted by _dave_
Are all 5 of those platinum chests, and you're running quite under EV?
The first 4 chests were gold, the last one - platinum. (Platinum chests never award less than $10.) His RB EV was 'bout tree fiddy from the gold chests and has gone up to 4.7% from the platinum ones.

Last edited by coon74; 07-07-2017 at 06:55 AM.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:01 AM
Quote:
Originally Posted by coon74
The first 4 chests were gold, the last one - platinum. (Platinum chests never award less than $10.) His RB EV was 'bout tree fiddy from the gold chests and has gone up to 4.7% from the platinum ones.
If the 4 first ones were gold, he should have gotten approx 30$ (4x 7,5$) but he did end with only 19,6$ orso?
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:08 AM
There are going to be so much players that went from slightly +EV to losing. This is just horrible for lower and midstakes. Very bad for 50/100NL zoom. Every reg in any SNG/spin and go is now basically earning 10% less in RB.

Only ones that aren't hurt badly are tournament players, sure a lot more traffic will run to those games.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:12 AM
i haven't deposited in over 10 years. i get exactly 1 point per cent in rake and need 650 to clear a blue chest which averages me 46 cents in rewards. without the boost this results in 7% rakeback. so far i got rewards:
0.33$ 0.37$ 1.26$ 0.37$ 0.37$ plus an irrelevant number of chestpoints, like 20 per chest or so.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:13 AM
Quote:
Originally Posted by DJSirMatthew
If the 4 first ones were gold, he should have gotten approx 30$ (4x 7,5$) but he did end with only 19,6$ orso?
$7.5 is the EV, not a guarantee. In fact he will earn less than $7.5 88% of the time.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:18 AM
Quote:
Originally Posted by DJSirMatthew
If the 4 first ones were gold, he should have gotten approx 30$ (4x 7,5$) but he did end with only 19,6$ orso?
Yes, these rewards have some variance, which is however negligible as it's much lower than the variance of poker itself in the volume that's needed to earn a chest.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:41 AM
in my opinion amaya is just testing the waters here and it seems is working good for them so far.
although i REALLY hope regs and recs will prove me wrong in 1-2 months time by showing a decline on their product by not playing on stars at all and cash game pools dry up with no action at all. when this happens (i doubt it will) they might consider reversing this awful new program or decreasing rake.

an example why this works for them:
when this 10M$ ''giveaway'' (lol) ends they will come up with another ''giveaway" and another and so on like they always do.
now those ''giveaways'' are proven to work on recreational players
what they are trying to test here is if those are working on regulars and i think they have some statistics from their recent scams that do.

i personally do not believe that games will get softer cause BE regs will leave so easily cause they increased effective rake.
most people just live in denial and are selfish even if they are getting robbed in daylight everyday .
that is a fact (not only on poker)

fingers crossed while watching traffic on cash games not decreasing at all.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:52 AM
The requirement for a red chest has gone up for me from 200 to 240 pts today - Stars' internal player valuation system* has started regarding me as a reg

* which I call Starsense reminiscing of the Essence system which was in place on the Ongame network briefly owned by the same Amaya.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 07:57 AM
Quote:
Originally Posted by MilkMan
Small stakes zoom (25NL - 200NL) will suffer massively. Majority of regs there were very reliant on rakeback and the number of recs who play is reliant on large numbers in the pools.

I also think Stars may have really fked up thinking the recs would like this new program...
Yeah, i think 50 and 100nl are basically going to get wrecked. 200 will suffer but not quite to the same extent of 100. Will be interesting to see how regs react, i can think of many that should probably instantly drop 200nl fr but they may well be brain dead and hang around for many months.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 08:06 AM
These changes are good for the game long term. The ecosystem couldn't survive on a bunch of breakeven nits and that's why I applaud 'Stars for the new Rewards system. They've combined a solid concept for player retention (chests) with their award winning software. It's going to take a few months for the badregs to get the message that 'Stars is not the place for them anymore and thus make it easier for actual poker players to get games with the fish. Anyone with a modicum of poker ability is really excited about the fresh opportunities this brings and the only losers are the angry rakeback pros in this thread.
PokerStars confirms new rewards program: Chests Quote
07-07-2017 , 08:07 AM
I payed 13.33 usd in rake today and I got 12,14,9,42,25,21=123 starcoins which equals to 9.2% rb. Red chest was 165 points and blue 370. I'm slightly losing/breakeven player at microstakes NL.
PokerStars confirms new rewards program: Chests Quote

      
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