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PokerCast Episode 204 - PokerStars Ring Game Changes & Jason Mercier PokerCast Episode 204 - PokerStars Ring Game Changes & Jason Mercier

01-11-2012 , 02:39 PM
@PokerCastBunner James Bunner


Working on the latest PokerCast now. Not sure when it will be available due to the sketchy Mexican intrawebs. Should b up later tonight.

10 minutes ago via web
01-11-2012 , 05:03 PM
Quote:
Originally Posted by obviously.bogus
@PokerCastBunner James Bunner


Working on the latest PokerCast now. Not sure when it will be available due to the sketchy Mexican intrawebs. Should b up later tonight.

10 minutes ago via web
Goodness gracious! He is trying to do this from Mexico?!? Bunner, if you find the secret to getting a good, reliable connection in Cabo (that's where you are, right?), PLEASE post it. Seriously, the last time I tried to use the Internet in that town it was worse than standard dial-up in the US. On the other hand, it is nice to be able to tell people not to bother trying to e-mail you while you're on vacation because you'll have no access.

Wait a second, if some US online pros are relocating to Mexico, there must be a way to get a good, stable connection.

Last edited by STinLA; 01-11-2012 at 05:05 PM. Reason: Had further thoughts re online pros.
01-11-2012 , 05:35 PM
Quote:
Originally Posted by STinLA
Goodness gracious! He is trying to do this from Mexico?!? Bunner, if you find the secret to getting a good, reliable connection in Cabo (that's where you are, right?), PLEASE post it. Seriously, the last time I tried to use the Internet in that town it was worse than standard dial-up in the US. On the other hand, it is nice to be able to tell people not to bother trying to e-mail you while you're on vacation because you'll have no access.

Wait a second, if some US online pros are relocating to Mexico, there must be a way to get a good, stable connection.
He's in Playa del Carmen. Not sure if that's better or worse. Show is ready, Faraz Jaka was very good.
01-12-2012 , 07:55 AM
Quote:
Originally Posted by Skleice
My 2 cents:

1) glad Stars is addressing the 'rakeback pro' issue. The games are terrible and I agree that it is no longer poker, just a strategy to grind out money through the system. I personally would love there to be a smaller cap on number of tables, no huds, no rakeback, with a lower overall rake. I think games would be better and more enjoyable for rec players and pros alike. When regulation comes, I will not be looking for the best promos, or vip program, but where I think there will be the best games (preferably hudless). I'm realizing I sound like a live player, but I actually was 100% of a midstakes online player.

2) I don't believe extreme micro stakes should be offered at all. I don't know where the cut off should be, but .01/.02 - to at least .05/.10 should not exist. These stakes are a poker prison. They don't help feed the higher games imo. Grinders get stuck there in the rake vacuum and the fish would easily put there money at a higher stakes table. Just go to your local card room where the lowest NL stakes are prob 1/2....those rooms are FULL.

3) The biggest flaw in the Stars system imo is that it is a major commitment for the players and Stars may change the rules at any point. When a player commits themselves to strive for supernova or supernova elite, they basically create an imaginary contract with Stars that they will play x amount all year and be rewarded greatly at the end of the year, or through out the following year. However, as we now see, you may spend a year of your time striving to reach a limit that has far less value than it did when you entered the original 'contract'. I'm actually lucky for black friday, cuz I began the year on the quest for supernova...which would've blown up in my face.
i disagree with 2)

any offered games should have a rake that is beatable. i specifically play online so i avoid invest more money at higher stakes and put in more hands. i dont think im an exception. a person like me would move up using profit earned from lower stakes. if i have no chance of beating the rake at a site and at a certain limit, i'd look for another site.
lower stakes online *are* full. if sites are concerned about keeping rec players, lower the rake at the levels they play. that way losing players will stay online longer and winning players can move up and generate more rake at higher levels.
i know sites have been affected post black friday, but still think the sites are ultra profitable. changes are imo to keep
profit close to same level as pre black friday and because they can. supply and demand etc.
just my opinion.
01-12-2012 , 07:59 AM
Quote:
Originally Posted by Cangurino
The rake at all levels up to NL100 is very beatable as proven by regs with significant sample sizes. Look at chip-star for NL2, magorko or l3ngthy for NL25.
what about limit games. hu limit is said commonly not beatable until 1/2. see hu limit forum posts
01-12-2012 , 08:02 AM
Quote:
Originally Posted by Disinterested
well according to this podcast the micro/low stakes is only for fun. And we shouldn't expect to be able to beat them, people just playing them for entertainment.

Hate to be the hater , esp since i listened to every podcast that was made for 2+2, but just feel like venting.
i think its a question and not a statement. my opinion is that they should be beatable if offered.
keeps rec players in game longer and winning players can use profit to move up and then generate higher rake at
higher limits
01-12-2012 , 11:13 AM
Quote:
Originally Posted by dice75
i think its a question and not a statement. my opinion is that they should be beatable if offered.
keeps rec players in game longer and winning players can use profit to move up and then generate higher rake at
higher limits
They should be both offered and beatable, IMO. I know a few people that I thought would never play online who deposited once I told them they could play for .02-.05. They stuck with that for a while until they got comfortable and turned their $25 into $50, then started to move up.

I think if they couldn't win on the nano level they would have either remained at those stakes or quit playing online.
01-14-2012 , 05:31 PM
Quote:
Originally Posted by wotutalkinabaaat
im not saying the games arent beatable. Im saying they should be beatable by more than the top 2% of players


edit: obv more than 2% are beating 2-50nl etc but you get my point
Quote:
Originally Posted by bellatrix
Can you come up with an argument why they should be?
Not sure if serious...

I would honestly hope that your position, as a player, isn't that a game of skill should have such a slim edge that only the best of the best can beat it.

Yeah Stars can do what they want as a business. But there are 3 scenarios here from a players' perspective:
  • Think rake decrease would be good for you personally --> lobby for rake decrease, non-zero chance you end up with more money.
  • Think rake decrease would be good for the economy --> lobby for rake decrease, non-zero chance that you and the player pool end up with more money.
  • Think you're paying the right amount --> good for you but for the love of god why are you lobbying against something that has a non-zero chance of getting you and the player pool more money? There is no ****ing upside to any single player in lobbying against a rake decrease and putting yourself on Stars' side of the fence.

Whether you're in this for yourself or think it would help games or improve liquidity or think it would do nothing at all or is unnecessary, there is absolutely no logical position you can take in support of saying the rake is fine if you like money.

Players who are playing stakes where they are largely not affected by rake since they hit the rake cap with a very high frequency arguing that money should stay trapped way down the ladder preventing them from even getting a whiff of it = mind blown.

Last edited by JH1; 01-14-2012 at 05:43 PM.
01-17-2012 , 10:46 AM
I was not lobbying against, I was just challenging guys to come up with arguments. Remember, SteveD reads these threads and the more we come up with reasonable arguments beyond "wah, I used to win, now I don't anymore" on why rake reduction and an offering of beatable games is good for the poker economy the more Stars will listen. Post in the threads that the representatives are gathering, make your voice heard with constructive advice!

Stars is already offering unbeatable games (.5/1 HUHU LHE, for example), yet there are plenty of players playing them. I personally would rather like that these games don't exist, since no player wins and they will get very annoyed playing them. As an incentive Stars can promote its trickle-up effect, sort of like achieving levels in a video game, with the upper tiers only being attainable by very few (like pro sports). As Barry Greenstein said, in the last few years the effort by the poker sites has been to promote the game as if you can win millions and lead a balla lifestyle, while perhaps the promoting emphasis should have been the micros and how the game can just be, you know, fun.
01-19-2012 , 03:30 AM
i am interested in the underlying economics of the FPP changes - it might have already been discussed but anyway....

Steve D made the comment that the FPPs are the same allocated before and after the change just where they land is different on the calculation used.

But then he says the fact is that the FPP program is cheaper after the change.

Why is it cheaper. Recreational players dont cash in FPPs, pro players do as they rely on them I presume.

Interesting that this would be a driver to reworking the program.

As to rake increases etc. I just think that pure economic business management says, corner the market, create a monopoly then charge for that monopoly. from their point of view... the result of that is the chinese do it cheaper and take over the world and the monopoly files for bankruptcy or bail out if its a US based company.

ultimately I think stars are as a business eligible to do what they like in charging the fee for the service. they will live or die as to the value that is provided under their services v the rake we pay.

if you dont like move to a site with a better deal. or evaluate whether the higher rake is worth it for the access to the services (recreational players like me).

I also agree that if you want a different outcome you can ask for it (lobby for it) but it is a business and they must earn their rate of return that is required for the owners to bother doing it. that must be alot harder now than pre-black friday.

loss of income, no reduction in funds invested. that hurts any business model.
01-19-2012 , 06:30 AM
Quote:
Originally Posted by FSL009
Steve D made the comment that the FPPs are the same allocated before and after the change just where they land is different on the calculation used.

But then he says the fact is that the FPP program is cheaper after the change.

Why is it cheaper. Recreational players dont cash in FPPs, pro players do as they rely on them I presume.
The same number of VPPs are awarded for each hand, but fewer FPPs are awarded sitewide. This is because on average, more VPPs are awarded to Supernova+ VIPs and fewer VPPs are awarded to BronzeStar and SilverStar VIPs. Higher level VIPs earn more FPPs per VPP, thus the decrease in overall FPPs awarded.

I should be crystal clear that the above facts relate to summaries of all points awarded sitewide. Individual players will see different changes; some BronzeStars may earn fewer points than before and some Supernovas may earn more.
01-19-2012 , 11:44 AM
I know some sites have a sweet spot where you should actually stop playing because your effective giveback actually decreases at a certain level. Might be something to look at.
01-20-2012 , 04:43 AM
Quote:
I should be crystal clear that the above facts relate to summaries of all points awarded sitewide. Individual players will see different changes; some BronzeStars may earn fewer points than before and some Supernovas may earn more.
face slap moment - of course as a bronze member only (recreational player i guess is another way of calling it, or having a full time career job as well as a pursuit of playing cards) means that I had forgotten that the rate goes up with the different levels.

cheers my bad.

      
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