Quote:
Originally Posted by Donkstar
While I agree competition between sites would help I'm not sure you are correct in saying there is no incentive for Stars to reduce rake. From Stars point of view obviously they want to maximise rake but at the same time they do not want to alienate recreational players from staying in the game..... so a balance needs to be struck. There comes a tipping point where the rake is set to a level that hurts not just the players but also Stars as if its set to high it shrinks the player pool of low-high stakes games.
Put it this way if competent regs are complaining that the games are unbeatable due to the exorbitant rake, then what on earth do you think recreational players are telling their friends(and potential customers) about the state of the games?! This represents terrible advertising for Pokerstars and for poker in general!
The amount of rake currently being charged is already reduced from the point at which people get fed up and stop playing. That's how PS determines what to set it at, it's a balancing act to achieve the highest profit. Real reduction will come if government gets the **** out of banking and online poker. What is a poker site? It's software, it should be cheap as hell to play online poker. It won't do any good, but the conversation to reduce rake should be directed at government getting out of the way to allow competition. Paying thousands of dollars to a pokersite is ludicrous, imagine paying this amount to play world of warcraft. There's no difference between WoW and online poker besides the fact that pokersites are regulated (to the point of illegality) compared to video game companies. If Blizzard was the only video game company that people had access to they could get away with charging a lot more per customer. That's the truth of the matter.
Pokerstars is "looking into the matter" while laughing all the way to the bank.
Last edited by 27AllIn; 07-28-2013 at 07:02 PM.