Home / Community / Forum / Support Area / Poker News /

Playing ring games ? This might interest you.

Old
Angry
Playing ring games ? This might interest you. - Thu Dec 29, 2011, 07:26 PM
(#1)
dR3am3R59's Avatar
Since: Oct 2010
Posts: 110
Maybe you've seen the announcement in the Lobby... PS is going to change the way vpps are rewarded from Dealt to Weighted Contributed. Translated this means that people playing regularly will have a harder time to achieve a vip level and will get less rakeback for the same amount of hands played. (the vpp/fpp system is actually PS's way of paying rakeback)

What's even more interesting is that along with that change PS announced a small decrease in rake on the "twoplustwo" forum which had a twist. After people protested on that forum against the change in the rakeback system and the "twist", PS representative on the forum said PS was going to lose the rake decrease altogether, taking into account the players' discontent. So they announced two bad things and a good one and as a result of protests they took back the one good thing.

I guess what I'm trying to say is what the vast majority of users said on that forum: WTF Pokerstars !? Are you kidding me ?

I'd post the link for everyone interested to find out more, but since it's against the forum rules and don't want to offend the mighty moderators, you can find it by typing "pokerstars changes forumserver" in Google. It will be the first link.

They were also talking about protesting by massively sitting out starting January 1st, 12PM EST. Everyone interested - Google "mass sitout forumserver" to find that thread.

I'm just a micro stakes player struggling to improve and go up, not one of the grinders that feed you good money through hard work. Still, I'm truly disgusted, PS! You guys were already making a ton of money, but your greed has no limit. If nothing changes I hope you'll share the fate of the dumbest of parasites, the one that leeches the life out of its victim.
 
Old
Default
Thu Dec 29, 2011, 07:40 PM
(#2)
Da Sens Fan's Avatar
Since: Jun 2010
Posts: 1,118
Yeah these changes are terrible for us. I know there were many Full Tilt haters out there, but at least the real opposition kept stars from taking tiny stabs at us like this.
 
Old
Default
Thu Dec 29, 2011, 07:59 PM
(#3)
Deleted user
I think Stars knows something that we dont about the future of online.

1.) They have been dumping Pro contracts left and right
2.) They no long sponser players like they used to at final tables in big events
3.) This rake change after players left FTP to Pokerstars because of the same change

So I think they are getting the money well they can and dont care how it is looked at from their customer base. Why else would they pull a move like this,unless they are really not as stable as we are lead to believe.

So they are either finanicaly like FTP before they went under.
Greedy pigs thinking they have the market cornered.
Or really bad business practice.

They have shown to be pretty good at the marketing in the past,so that leaves the other two options. Which is not promising for 2012.
 
Old
Default
Thu Dec 29, 2011, 09:40 PM
(#4)
TrumpinJoe's Avatar
Since: Jun 2010
Posts: 4,557
To: Op

2+2 links are allowed
 
Old
Default
Thu Dec 29, 2011, 09:49 PM
(#5)
Darkman61's Avatar
Since: Jan 2010
Posts: 2,225
BronzeStar
Help me out. What was "the good thing" that they rescinded ?
 
Old
Default
Thu Dec 29, 2011, 09:58 PM
(#6)
roomik17's Avatar
Since: Aug 2010
Posts: 4,556
BronzeStar
from what I read it is slightly better for the micro grinders...reduced rake, but for the big time grinders supernovas, and SNE it will cost them many thousands of $ especially the 24 tabling nits who were making Vpp's on every fold
 
Old
Default
Thu Dec 29, 2011, 11:08 PM
(#7)
shirshot's Avatar
Since: Jul 2010
Posts: 665
My first thought was man this sucks.
My second thought after reading people complaining was what a bunch of whinners. Not getting any free points/rakeback for not putting any money in the pot.
What about the people putting all the money in the pot for the rake having to share their moneys worth of points with the rest of the table folding every hand.

How much rackback do you get from the casino or card room? A free cup of coffee or the odd time the poker room manager buys a round of drinks.

Just looking at the other side of the coin.
 
Old
Default
Thu Dec 29, 2011, 11:41 PM
(#8)
JWK24's Avatar
Since: Jun 2010
Posts: 24,817
(Super-Moderator)
BronzeStar
Quote:
Originally Posted by shirshot View Post

How much rackback do you get from the casino or card room? A free cup of coffee or the odd time the poker room manager buys a round of drinks.
Casino comps are based on the game limits and time played... not by how much you put into the pot. Most US casinos will give you comp $$ and also players points and they're all based on time played at the given game limit.


Super-Moderator



6 Time Bracelet Winner


 
Old
Default
Fri Dec 30, 2011, 03:18 AM
(#9)
Da Sens Fan's Avatar
Since: Jun 2010
Posts: 1,118
Quote:
Originally Posted by roomik17 View Post
from what I read it is slightly better for the micro grinders...reduced rake, but for the big time grinders supernovas, and SNE it will cost them many thousands of $ especially the 24 tabling nits who were making Vpp's on every fold

It's a cash grab, even though they are trying to "Spin it" to sound that way. The elite 2/2 crunchers have some good posts on how it hurts most people. Unfortunately stars doesn't have any big bad competition any more, so we just have to suck it up and deal with it

(Or play less which was one of my new years resolutions anyways )
 
Old
Default
Fri Dec 30, 2011, 03:28 AM
(#10)
TrustySam's Avatar
Since: Aug 2010
Posts: 8,291
BronzeStar
I wonder if the better players'll start filtering down the ranks to gain a bigger edge at the tables if their rakeback is compromised ... like will there be incentive for players who were relying on rakeback for a portion of their profits at 25c/10c, to drop down to 10c/5c, with the 10NLs dropping down to 5NL, 5NL dropping down to 2NL ... 2NL, we have nowhere lower to go
 
Old
Default
Fri Dec 30, 2011, 03:29 AM
(#11)
dR3am3R59's Avatar
Since: Oct 2010
Posts: 110
Quote:
Originally Posted by TrumpinJoe View Post
To: Op

2+2 links are allowed
Damn! Didn't know that, thanks for the info TJ. Went through all that figuring the google combo for nothing.

So here are the links:

http://forumserver.twoplustwo.com/28...012-a-1145272/

http://forumserver.twoplustwo.com/28...anges-1145349/
 
Old
Default
Fri Dec 30, 2011, 03:32 AM
(#12)
dR3am3R59's Avatar
Since: Oct 2010
Posts: 110
Quote:
Originally Posted by Darkman61 View Post
Help me out. What was "the good thing" that they rescinded ?
They announced a decrease in rake from 5% to 4.5% - 4%. See the first link I posted above, it's the first post.
 
Old
Default
Fri Dec 30, 2011, 03:49 AM
(#13)
dR3am3R59's Avatar
Since: Oct 2010
Posts: 110
Quote:
Originally Posted by roomik17 View Post
from what I read it is slightly better for the micro grinders...reduced rake, but for the big time grinders supernovas, and SNE it will cost them many thousands of $ especially the 24 tabling nits who were making Vpp's on every fold
Quote:
Originally Posted by shirshot View Post
My first thought was man this sucks.
My second thought after reading people complaining was what a bunch of whinners. Not getting any free points/rakeback for not putting any money in the pot.
What about the people putting all the money in the pot for the rake having to share their moneys worth of points with the rest of the table folding every hand.

How much rackback do you get from the casino or card room? A free cup of coffee or the odd time the poker room manager buys a round of drinks.

Just looking at the other side of the coin.
THIS :

Quote:
Originally Posted by Da Sens Fan View Post
It's a cash grab, even though they are trying to "Spin it" to sound that way. The elite 2/2 crunchers have some good posts on how it hurts most people. Unfortunately stars doesn't have any big bad competition any more, so we just have to suck it up and deal with it

(Or play less which was one of my new years resolutions anyways )
The main problem here is that PS cutback on rakeback for their own good. Because 1 vpp won by a SNE is worth 5x the money a Bronze Star would take for the same vpp. It's a hit for the regulars, and not a big difference for the casual players. Do you see now ? Everyone loses, PS wins.

The games are tough, most people struggle to have a positive winrate at all. And the little that was given back from the company that makes a lot from us playing just got less.
 
Old
Default
Fri Dec 30, 2011, 07:08 AM
(#14)
PanickyPoker's Avatar
Since: Sep 2010
Posts: 3,168
Am I right or wrong? Pokerstars lost a lot of money too on Black Friday. I'm not really sure and I don't know much about the situation, but this could be their way of coping with their losses and running a successful business again.

Not to say that this is good news, but perhaps we should look beyond corporate greed here.
 
Old
Default
Sun Jan 01, 2012, 03:29 PM
(#15)
CannonLee's Avatar
Since: Dec 2010
Posts: 3,418
Please continue this discussion in New Method For Awarding VPPs **OFFICIAL DISCUSSION"



Quintuple Bracelet Winner

 
Old
Default
Sun Jan 01, 2012, 03:30 PM
(#16)
CannonLee's Avatar
Since: Dec 2010
Posts: 3,418
**closed**



Quintuple Bracelet Winner

 

Getting PokerStars is easy: download and install the PokerStars game software, create your free player account, and validate your email address. Clicking on the download poker button will lead to the installation of compatible poker software on your PC of 51.7 MB, which will enable you to register and play poker on the PokerStars platform. To uninstall PokerStars use the Windows uninstaller: click Start > Control Panel and then select Add or Remove programs > Select PokerStars and click Uninstall or Remove.

Copyright (c) PokerSchoolOnline.com. All rights reserved, Rational Group, Douglas Bay Complex, King Edward Road, Onchan, Isle of Man, IM3 1DZ. You can email us on support@pokerschoolonline.com