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View Full Version : This will turn out to be a good thing for us


Homer
10-08-2005, 09:14 PM
Anyone else agree?

slavic
10-08-2005, 09:15 PM
Yes but not for the same reasons that you do.

TylerD
10-08-2005, 09:15 PM
no, explain pls

MicroBob
10-08-2005, 09:15 PM
I think it COULD be.

I'm not going so far as to say that it WILL be though because I really don't know.
But I definitely think the potential is there.

dogmeat
10-08-2005, 09:15 PM
YES

Dogmeat /images/graemlins/spade.gif

I'm buying a new car - that's how sure I am.

billyjex
10-08-2005, 09:16 PM
[ QUOTE ]
no, explain pls

[/ QUOTE ]

TheNoodleMan
10-08-2005, 09:16 PM
Now is the time for Stars to start TV ads stating what rake is and that Stars is less than party.

Homer
10-08-2005, 09:17 PM
[ QUOTE ]
YES

Dogmeat /images/graemlins/spade.gif

I'm buying a new car - that's how sure I am.

[/ QUOTE ]

Cool, glad you agree. I just quit my job to turn pro after reading the recent developments.

10-08-2005, 09:17 PM
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Anyone else agree?

[/ QUOTE ]

I completely agree...but I'm in the minority, I think

Homer
10-08-2005, 09:17 PM
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no, explain pls

[/ QUOTE ]

[/ QUOTE ]

I want to see what other people think first.

krazyace5
10-08-2005, 09:17 PM
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no, explain pls

[/ QUOTE ]

partygirluk
10-08-2005, 09:17 PM
I was going to make a similar post - hopefully this will lead to increased competition.

IggyWH
10-08-2005, 09:18 PM
[ QUOTE ]
Anyone else agree?

[/ QUOTE ]

I do, but it's too much fun to flip out with everyone else to start talking about the good of it all.

Joe Tall
10-08-2005, 09:18 PM
[ QUOTE ]
Anyone else agree?

[/ QUOTE ]

Maket diversity is usually always good in the long run. I may have to agree.

Paxosmotic
10-08-2005, 09:18 PM
[ QUOTE ]
[ QUOTE ]
Anyone else agree?

[/ QUOTE ]

I do, but it's too much fun to flip out with everyone else to start talking about the good of it all.

[/ QUOTE ]
RAKEBACK!

KingMedicine
10-08-2005, 09:18 PM
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no, explain pls

[/ QUOTE ]

[/ QUOTE ]

I want to see what other people think first.

[/ QUOTE ]

lowest rake war?

Homer
10-08-2005, 09:19 PM
[ QUOTE ]
[ QUOTE ]
Anyone else agree?

[/ QUOTE ]

I do, but it's too much fun to flip out with everyone else to start talking about the good of it all.

[/ QUOTE ]

Yeah, no doubt. Just wanted to see if I was the only one.

bobbyi
10-08-2005, 09:19 PM
[ QUOTE ]
[ QUOTE ]
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no, explain pls

[/ QUOTE ]

[/ QUOTE ]

I want to see what other people think first.

[/ QUOTE ]
Then go read the ten thousand posts in the nine other threads that make it pretty clear what other people think.

Isura
10-08-2005, 09:20 PM
[ QUOTE ]
Anyone else agree?

[/ QUOTE ]

Good for me. I was losing the desire to play online poker anyways. Ah, this just means more time to work on school. I don't mind.

Losing all
10-08-2005, 09:20 PM
Long term- maybe-probably price wars are cool.

short term- bahhh

Zele
10-08-2005, 09:21 PM
Depends on who you are. For a breakeven player who relies on rakeback for a living, this is catastrophic news (though in the long run perhaps such a player will now be motivated to learn to really win at poker.) For a decent player, this could be quite positive.

NewGuy
10-08-2005, 09:21 PM
You get less money now. This will be a good thing. Can you see why?

Will the pollyannaffiliates please step up to the microphone and enlighten us poor unfortunate Stupid People why we should be happy?

Homer
10-08-2005, 09:21 PM
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
no, explain pls

[/ QUOTE ]

[/ QUOTE ]

I want to see what other people think first.

[/ QUOTE ]
Then go read the ten thousand posts in the nine other threads that make it pretty clear what other people think.

[/ QUOTE ]

I have a better idea.

Equal
10-08-2005, 09:21 PM
It's great for me... I play on Party and earn 0% rakeback and make my poker money the traditional by winning it.

Less multi-tabling TAG on skins = thousands more $ in my pocket.

SinCityGuy
10-08-2005, 09:22 PM
[ QUOTE ]
I want to see what other people think first.

[/ QUOTE ]

Well, for one thing, right now on Party it says "34,400 players on 4,520 tables". In a few days, when all of the 10-tabling 2+2'ers transfer their funds over to Party, you'll see "81,523 players on 10,256 tables".

Uglyowl
10-08-2005, 09:22 PM
The 800 pound gorilla has been dismantled. There will be tons of players willing to look for a new poker home and sites offering us more deals to lure us?

Homer
10-08-2005, 09:22 PM
[ QUOTE ]
You get less money now. This will be a good thing. Can you see why?

Will the pollyannaffiliates please step up to the microphone and enlighten us poor unfortunate Stupid People why we should be happy?

[/ QUOTE ]

Hmm, are you saying I'm an affiliate? Because I'm not.

KingMedicine
10-08-2005, 09:23 PM
[ QUOTE ]
It's great for me... I play on Party and earn 0% rakeback and make my poker money the traditional by winning it.

Less multi-tabling TAG on skins = thousands more $ in my pocket.

[/ QUOTE ]

and where are the TAGs going?

[censored]
10-08-2005, 09:23 PM
I would have thought we would have already seen decreases in rake already, but instead it has been the opposite. So no I don't think there is reason to believe this will be a good thing.

There is that possibility though.

Homer
10-08-2005, 09:24 PM
[ QUOTE ]
Depends on who you are. For a breakeven player who relies on rakeback for a living, this is catastrophic news (though in the long run perhaps such a player will now be motivated to learn to really win at poker.) For a decent player, this could be quite positive.

[/ QUOTE ]

Absolutely, short-term this is horrible news for the type of player you described.

chezlaw
10-08-2005, 09:24 PM
I agree and for the same reason

chez

radar5
10-08-2005, 09:27 PM
If party realizes that they just lost a bunch of multitableing tags, what do you think they will do? I don't want to get my hopes up. I really don't believe that party is that bright.

Muisyle
10-08-2005, 09:28 PM
[ QUOTE ]
It's great for me... I play on Party and earn 0% rakeback and make my poker money the traditional by winning it.

Less multi-tabling TAG on skins = thousands more $ in my pocket.

[/ QUOTE ]

You realize that you would already have thousands more in your pocket if you had rakeback right? But, uh, you go on being "pure" or whatever, good for you...

Jim Easton
10-08-2005, 09:28 PM
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Hmm, are you saying I'm an affiliate? Because I'm not.

[/ QUOTE ]


Totally changing the subject, but whatever happened with that chargeback situation you had many moons ago when you were an affiliate?

NewGuy
10-08-2005, 09:28 PM
[ QUOTE ]

Hmm, are you saying I'm an affiliate? Because I'm not.

[/ QUOTE ]

No, you are actually one of my favorite posters on 2+2 (up there with Lorinda & GM). I had no idea whether you were an affiliate but since you say you are not, I believe you.

I'd welcome <font color="red"> your </font> thoughts on why this is possibly good for the +2BBs/100 (excluding RB) players like myself who just saw their hourly earn rate drop 25%+. I'd love some good news about now.

Suffice it to say I will be more skeptical of positive spins or analysis from Party skin affiliates looking to protect their golden geese.

As always, I am amazed at how much good thinking there CAN be on 2+2 and how entertaining the BS that surrounds it can be. Tonight's a great example.

chezlaw
10-08-2005, 09:28 PM
[ QUOTE ]
If party realizes that they just lost a bunch of multitableing tags, what do you think they will do? I don't want to get my hopes up. I really don't believe that party is that bright.

[/ QUOTE ]

Does it matter, they will wisen up or die, such is life.

chez

Homer
10-08-2005, 09:35 PM
[ QUOTE ]
[ QUOTE ]
Hmm, are you saying I'm an affiliate? Because I'm not.

[/ QUOTE ]


Totally changing the subject, but whatever happened with that chargeback situation you had many moons ago when you were an affiliate?

[/ QUOTE ]

I settled for a certain amount and switched to a CPA plan, which was not a good idea. It was good short-term, because back then I needed the cash, but I'd definitely be making a good amount now if I'd just been willing to take the short-term losses.

Equal
10-08-2005, 09:36 PM
Well, you can read some of the comments here. Lots of us can't get by without rakeback, and in any event it's going to take sometime for the TAGs to move their bankrolls over to Party. As I understand it, no more 12 or 16 tabling as well.

Homer
10-08-2005, 09:36 PM
[ QUOTE ]
[ QUOTE ]

Hmm, are you saying I'm an affiliate? Because I'm not.

[/ QUOTE ]

No, you are actually one of my favorite posters on 2+2 (up there with Lorinda &amp; GM). I had no idea whether you were an affiliate but since you say you are not, I believe you.

I'd welcome <font color="red"> your </font> thoughts on why this is possibly good for the +2BBs/100 (excluding RB) players like myself who just saw their hourly earn rate drop 25%+. I'd love some good news about now.

Suffice it to say I will be more skeptical of positive spins or analysis from Party skin affiliates looking to protect their golden geese.

As always, I am amazed at how much good thinking there CAN be on 2+2 and how entertaining the BS that surrounds it can be. Tonight's a great example.

[/ QUOTE ]

Well, with regard to the present, I have no good news. I think this will make things better 6-12 months from now. I could easily be wrong, of course.

Voltron87
10-08-2005, 09:38 PM
party is clearly making a good business move here, but if they offered a better rakeback/bonus system it would be checkmate on the poker world. i dont get it.

Equal
10-08-2005, 09:38 PM
[ QUOTE ]
[ QUOTE ]
It's great for me... I play on Party and earn 0% rakeback and make my poker money the traditional by winning it.

Less multi-tabling TAG on skins = thousands more $ in my pocket.

[/ QUOTE ]

You realize that you would already have thousands more in your pocket if you had rakeback right? But, uh, you go on being "pure" or whatever, good for you...

[/ QUOTE ]

Yeah I hear you... I set up all my accounts before rakeback existed though.

The Don
10-08-2005, 09:43 PM
[ QUOTE ]
party is clearly making a good business move here, but if they offered a better rakeback/bonus system it would be checkmate on the poker world. i dont get it.

[/ QUOTE ]

I concur...

NewGuy
10-08-2005, 09:43 PM
[ QUOTE ]

I think this will make things better 6-12 months from now.

[/ QUOTE ]

Thanks for the reply. I wish I could find a way to believe that "market dynamics" of where Party fish / TAGs / etc. play is somehow going to make up for the guaranteed +0.25 to +1.5 BBs/100 that rkbck used to provide (depending on limit). I just can't figure out a realitistic but optimistic scenario where it would.

Not the end of poker as we know it I know, but IMO it's a little drop-off from the peak profitability we were enjoying.

flair1239
10-08-2005, 09:48 PM
Just tranfered $1500 to Party...time to get to work.

Jimbo
10-08-2005, 09:55 PM
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
It's great for me... I play on Party and earn 0% rakeback and make my poker money the traditional by winning it.

Less multi-tabling TAG on skins = thousands more $ in my pocket.

[/ QUOTE ]

You realize that you would already have thousands more in your pocket if you had rakeback right? But, uh, you go on being "pure" or whatever, good for you...

[/ QUOTE ]

Yeah I hear you... I set up all my accounts before rakeback existed though.

[/ QUOTE ]


Same here, being an early adopter indeed had some disadvantages.

Guthrie
10-08-2005, 09:57 PM
Fish know nothing and care nothing about rake. They play at Party because that's where Mike Sexton tells them to play.

Voltron87
10-08-2005, 10:01 PM
[ QUOTE ]
[ QUOTE ]
party is clearly making a good business move here, but if they offered a better rakeback/bonus system it would be checkmate on the poker world. i dont get it.

[/ QUOTE ]

I concur...

[/ QUOTE ]

seriously, if party had 25% rb they would just lock up all of 2p2 right now... everyone would be playing there. +EV for party, since right now tons of people are looking elsewhere.

maybe up it to 30% if you played a ton of hands. mike, why is party not doing this? makes no sense.

aucu
10-08-2005, 10:04 PM
I've always continued to devote part of my play to Party even though I also play the skins and other sites.

Mostly on the Jackpot tables because they were only available through Party and they were by far the most fishy.

Now maybe the rest of party will be as fishy, but clearly my monthly RB payments will be smaller but do I have any choise but to adapt.

sublime
10-08-2005, 10:05 PM
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
party is clearly making a good business move here, but if they offered a better rakeback/bonus system it would be checkmate on the poker world. i dont get it.

[/ QUOTE ]

I concur...

[/ QUOTE ]

seriously, if party had 25% rb they would just lock up all of 2p2 right now... everyone would be playing there. +EV for party, since right now tons of people are looking elsewhere.

maybe up it to 30% if you played a ton of hands. mike, why is party not doing this? makes no sense.

[/ QUOTE ]

one thing to consider. party is a pain in the gravypouch to get a new account with. now that they have zero incentive to allow someone to set up a new account, it will be even harder. in other words, find a new idenity to set up a new account for possible rakeback on party.

Jimbo
10-08-2005, 10:07 PM
[ QUOTE ]
maybe up it to 30% if you played a ton of hands. mike, why is party not doing this? makes no sense.


[/ QUOTE ]

It makes no sense to you but then you didn't create or own Party Poker. Could you have done better? Guess we will never know.

aucu
10-08-2005, 10:07 PM
One good thing could be when the dust settles is that Party may have to stop calling itself the "Worlds Largest Poker Room"

That would crack me up.
/images/graemlins/ooo.gif

10-08-2005, 10:14 PM
Now we have the rakeback, we have the bonuses; and they're the best things to have. But fish are a thing of the future. And if we don't get a piece of that action, we risk everything we have. I mean not now, but, ah, ten years from now.

Voltron87
10-08-2005, 10:16 PM
[ QUOTE ]
Now we have the rakeback, we have the bonuses; and they're the best things to have. But fish are a thing of the future. And if we don't get a piece of that action, we risk everything we have. I mean not now, but, ah, ten years from now.

[/ QUOTE ]

this is gold man

10-08-2005, 10:20 PM
[ QUOTE ]
Just tranfered $1500 to Party...time to get to work.

[/ QUOTE ]

1500 on black

OCW

SoftcoreRevolt
10-08-2005, 10:33 PM
I think it COULD turn out better, but I doubt it. The people who think this will eliminate all the 8 tabling TAGs are nuts, the TAGs will move to Party short term and the games won't be much better, definately not enough of an improvement to counteract the loss of rakeback.

Now, will we see a rakewar, or sites/affiliates doing their best to get players to other sites with good deals? Let me answer this in two parts.

1. I don't see a rakewar happening. Honestly, I don't. If anything this will be a sign to Stars and other sites that they don't have to reduce rake, since Party may have shot itself in the foot, and all they need to do is throw their normal reload at us and we'll come.

1A. I honestly doubt that Party's Points Bonii schemes will amount to much. MultiPoker almost had it right with their 20x bonuses, which would be about even with what rakeback would provide for the average TAG, and would last over 20,000 hands. Party will always try to get out as cheaply as possible.

2. But, we will see more small sites working with affiliates to lure players in. I'm about to conference with the manager of a room to talk about ways to take advantage of the 8 Tabling not as good as they think TAGs and bring them our way. Just since this news broke we were able to get him to agree to a better deal for us, so we can in turn provide a better deal to players and hopefully hook some more. I'm guessing every other affiliate that does rakeback/player bonuses is thinking of new promotions or new bonuses right now to overcome the loss they'll take from people not caring about skin rakeback.

2B. But is this a good thing long run? We can't do deals with Pokerstars, they just won't allow it for anyone, and that is the site which will have its fish pools the least dilluted by an influx of TAGs. FTP, the Boss Network, some of the Prima skins, and a couple of the Crypto skins (Plus already good deals affiliates can augment from Pacific) seem willing to work out good deals, but there's a big problem. Either they have rather poor games, or their supply of Super Fish are limited, and an influx of just say 5 TAGs per limit would make them rather worthless.

I don't think this will ruin things, or be a huge problem. But, I will miss the extra 10 dollars an hour (or more, I forget.) I was making from rakeback on the skins.

10-08-2005, 10:41 PM
[ QUOTE ]
Depends on who you are. For a breakeven player who relies on rakeback for a living, this is catastrophic news (though in the long run perhaps such a player will now be motivated to learn to really win at poker.) For a decent player, this could be quite positive.

[/ QUOTE ]

I think its bad for both..for a player that breaks even and relies on rakeback, this is bad..and for the better player that doesnt rely on it, this is bad because those players that do rely on rakeback to make a living must now stop playing poker and get a realy job, leaving the better player less fish to eat up on

MS Sunshine
10-08-2005, 10:44 PM
Jimbo good to have you back. It's been like a frat house open mic comedy show here, and we have been lacking in wit.

/images/graemlins/wink.gif

MS Sunshine

Jimbo
10-08-2005, 10:45 PM
You are too kind MS Sunshine. I haven't seen you around much either though.

scotty34
10-08-2005, 10:46 PM
I'm pretty upset. Empire just bumped me up to VIP last week.

kendal14
10-08-2005, 10:54 PM
LOL, me too. I guess they had a clue that this was coming.

colehard
10-08-2005, 10:56 PM
Absolutely not.

I believe the issue is the combination of regular casino and poker. When someone loses to the regular casino all the money goes to Party - it doesn't circulate around the tables and give us a chance to snag a percentage of it.

I believe this will siphon off fish and make them Party's income source not ours.

But perhaps I haven't considered what will happen when someone wins $100 on a slot and decides to enter a $100 SNG.

IggyWH
10-08-2005, 11:00 PM
[ QUOTE ]
I'm pretty upset. Empire just bumped me up to VIP last week.

[/ QUOTE ]

Eff them... 2000 points and still no bump.

scotty34
10-08-2005, 11:01 PM
[ QUOTE ]
[ QUOTE ]
I'm pretty upset. Empire just bumped me up to VIP last week.

[/ QUOTE ]

Eff them... 2000 points and still no bump.

[/ QUOTE ]

I think I had about 2300 when they bumped me.

kmprsdrm
10-09-2005, 12:29 AM
Almost all the reload bonuses for this month were points for cash, ie rakeback from party. It will be interesting to see if this is the course they're going to take.

jasonHoldEm
10-09-2005, 12:44 AM
Hiya homer,

In the short term I don't think very much will change, people will just migrate to party...in less than a week Party's numbers will probably be close to what they were on the "old" network.

Over the next few months the weaker (i.e. breakeven) "rakeback pros" will either bust out, improve their game, or migrate to other sites where they can still survive on rakeback. The games on party will probably be better than they are now (since at least some portion of the good players will have gone elsewhere and/or busted) and the competition among the sites will most likely heat up (we can hope).

I don't see any doom and gloom on the horizon for myself, but it's probably going to be a long cold winter for the "rakeback pros"

J

MicroBob
10-09-2005, 12:55 AM
[ QUOTE ]

One good thing could be when the dust settles is that Party may have to stop calling itself the "Worlds Largest Poker Room"

[/ QUOTE ]


They aren't even an American company. they can call themselves what they want.

They could also say that they have the best rake-structure and the best tourney-formats and who would stop them?


What about the restaurant down the street that says they have 'The Best Chinese buffet in town' (even though it's cheap, cold and crappy)?

There are billboards that I see on my way to the casinos (in Tunica, Miss) where about 6 different places ALL brag to have the 'best and loosest slots in the area!!!'



Basically, I don't see why UB or any other site can't just SAY they are the 'biggest and the best' online-poker room. Because I really don't know who would be there to stop them from doing so.

(of course, it is up to the TV stations and other media to possibly not run such ads if they deem the information to be incorrect or misleading)

twowords
10-09-2005, 01:01 AM
[ QUOTE ]
Almost all the reload bonuses for this month were points for cash, ie rakeback from party. It will be interesting to see if this is the course they're going to take.

[/ QUOTE ]

Yea, but those were [censored]. 6000 points for $350? Rubbish.

stenaf
10-09-2005, 01:02 AM
*giggle* Loose "slot" =)

10-09-2005, 01:44 AM
I was a month away from royal. so frustrating I wont get a cool vegas trip next year now.

obsidian
10-09-2005, 01:54 AM
The market needs to right itself somehow. Profit margins are way too high at the large poker sites. I think this won't be that bad of a thing. Also, some of the softest games ever tonight at PP.

BottlesOf
10-09-2005, 02:04 AM
omg awesome acct.

MyTurn2Raise
10-09-2005, 02:04 AM
[ QUOTE ]

I don't see any doom and gloom on the horizon for myself, but it's probably going to be a long cold winter for the "rakeback pros"

J

[/ QUOTE ]

Count me as one...I just estimated that, with the loss of good rakeback and bonus-whoring tables on skins, my income for this month dropped $3,000...that's huge to a player like me. 1.0BB/100 hands just might not cut it. Time to dust off the resume. A year of online poker for a living...it was fun. I miss it already.

Actually, I'll try to stick it out for a few months, let the dust settle, and see how it goes. However, a portion of my time each day will be devoted to seeing about getting back into the old accounting game.

Lawrence Ng
10-09-2005, 02:19 AM
I'd love to hear what you think Homer.

Lawrence

Scuba Chuck
10-09-2005, 02:24 AM
[ QUOTE ]
Just tranfered $1500 to Party...time to get to work.

[/ QUOTE ]

Good man, right attitude. First post on this topic from you that has made sense.

goodguy_1
10-09-2005, 02:32 AM
[ QUOTE ]
--------------------------------------------------------------------------------

Just tranfered $1500 to Party...time to get to work.


--------------------------------------------------------------------------------



Good man, right attitude. First post on this topic from you that has made sense.

[/ QUOTE ]

exactly I think it's important to treat this just like any other day at the office if you are a pro. Get in there get to work/get in yours hours ..tommorrow will be a better day news-wise.

This is really not all that horrific. It will just take some time to smooth things out.

imported_anacardo
10-09-2005, 02:38 AM
Goddamn it. If we had a wartime consigliere, a Sicilian, we wouldn't be in this shape! Dad had Janko; look what we got. /images/graemlins/mad.gif

vanHelsing
10-09-2005, 02:40 AM
[ QUOTE ]
[ QUOTE ]
Depends on who you are. For a breakeven player who relies on rakeback for a living, this is catastrophic news (though in the long run perhaps such a player will now be motivated to learn to really win at poker.) For a decent player, this could be quite positive.

[/ QUOTE ]

I think its bad for both..for a player that breaks even and relies on rakeback, this is bad..and for the better player that doesnt rely on it, this is bad because those players that do rely on rakeback to make a living must now stop playing poker and get a realy job, leaving the better player less fish to eat up on

[/ QUOTE ]
A breakeven player doesn't qualify as a fish!

TimM
10-09-2005, 02:43 AM
[ QUOTE ]
I'm pretty upset. Empire just bumped me up to VIP last week.

[/ QUOTE ]

I just got my free watch at least.

tolbiny
10-09-2005, 02:49 AM
I was around that same area when the bumped me- am sitting around 9800 points right now... I am never hitting that royal flush club.

climber
10-09-2005, 02:53 AM
[ QUOTE ]
[ QUOTE ]
I'm pretty upset. Empire just bumped me up to VIP last week.

[/ QUOTE ]

I just got my free watch at least.

[/ QUOTE ]

How many points before you get the watch?

thx

sawseech
10-09-2005, 02:57 AM
the death of a breakeven winner

i'll need to get better at killing fish, because with him gone i have to do more of it myself instead of using him as a bagman

JudoGirl
10-09-2005, 04:30 AM
[ QUOTE ]
party is clearly making a good business move here, but if they offered a better rakeback/bonus system it would be checkmate on the poker world. i dont get it.

[/ QUOTE ]

Unlikely...they'd just make less profit. If their bonuses/rackeback got better, other sites would compete, and they'd all lose money. Low rakeback doesn't bring new players to the game, or even keep them. It makes the hardcore more money though.

Petomane
10-09-2005, 05:47 AM
I agree. Losing the parasites should make the games better.

Blackjack and sidebets makes it more fish-friendly - encourages more people to wander in.

As for the rakebackers... well, they'll all be on tilt now.

John Ho
10-09-2005, 06:39 AM
nh

[ QUOTE ]
Now we have the rakeback, we have the bonuses; and they're the best things to have. But fish are a thing of the future. And if we don't get a piece of that action, we risk everything we have. I mean not now, but, ah, ten years from now.

[/ QUOTE ]

10-09-2005, 07:01 AM
[ QUOTE ]
[ QUOTE ]

I don't see any doom and gloom on the horizon for myself, but it's probably going to be a long cold winter for the "rakeback pros"

J

[/ QUOTE ]

Count me as one...I just estimated that, with the loss of good rakeback and bonus-whoring tables on skins, my income for this month dropped $3,000...that's huge to a player like me. 1.0BB/100 hands just might not cut it. Time to dust off the resume. A year of online poker for a living...it was fun. I miss it already.

Actually, I'll try to stick it out for a few months, let the dust settle, and see how it goes. However, a portion of my time each day will be devoted to seeing about getting back into the old accounting game.

[/ QUOTE ]

Good lucky MyTurn, I hope things work out for you. I think its kind of funny seeing a lot of the posts demeaning the "rakeback pros", most of them written probably written by marginal players. I for one think this might be the best for you, I think a lot of players (even the "non-rakeback pros") have made a lot of easy money b/c of the poker explosion and the internet. IMO this is a fad and only the best of the best are going to make a career (i.e. rest of your life and make enough to retire on). The fish will run out some day.

Yeknom58
10-09-2005, 07:03 AM
Nothing will change in the short term..this is bad for the long term..if you enjoy non-party sites this is probably a good thing.

This will only be good if it increases my profitability. This can be done in a basically two ways, you might split hairs but it really boils down to the following:
1. Rake is lowered (rakebake, bonuses, actually lowering the rake taken, etc).
2. The games get better. Ratio of good to bad players changes.

As far as I can tell the following is true:
1. The rake will only go up.
2. The addition of -ev bets will cause the bad players to go broke faster.
3. The loss of the skins lowers the total player base. I don't think the ratio of good/bad players will change so this isn't an immediate bad thing but the smaller player pool will cause the "goodness" of the games to be less sustainable over a giver time period.
4. The ability to over 4 table is probably bad for the worse players.

So in summary..you'll have less players to exploit...4+ tabling causes the bad players to go broke faster...the addition of -ev bets causes the bad players to go broke faster...So in the short run I think NOTHING will change..but in the long run this can only be bad (For the party players).

TimM
10-09-2005, 01:36 PM
[ QUOTE ]
How many points before you get the watch?

[/ QUOTE ]

15000.

http://www.empirepoker.com/vip/vip_royal_flush_players_club.html

Man I was getting close to the TV too. Was looking forward to selling it on eBay. /images/graemlins/smile.gif

donthue
10-09-2005, 01:52 PM
For players like myself who mostly play at party anyway I welcome the skin break-up.

dealer_toe
10-09-2005, 01:59 PM
[ QUOTE ]
[ QUOTE ]
I'm pretty upset. Empire just bumped me up to VIP last week.

[/ QUOTE ]

Eff them... 2000 points and still no bump.

[/ QUOTE ]

I had like 500 points and got bumped.

TimM
10-09-2005, 02:07 PM
[ QUOTE ]
omg awesome acct.

[/ QUOTE ]

Yes, now if there were only someone with a green name around to change his title to Consigliere. /images/graemlins/smile.gif

No it's not me, I wish I thought of it.

10-09-2005, 02:13 PM
I'm kinda bummed, but 2+2'ers are a resourceful bunch, so I'm sure someone will figure something out. The possible RB deal on Party (affiliate forum) sounds promising. Actually, if the RB thing works out, it will be a lot easier than before. Play 10 tables on your RB site, only 1 RB payment to worry about each month, consolidating bankroll to 1 Party site instead of several skins, etc.

Schwatt

hashi92
10-09-2005, 06:50 PM
I agree with homer. I think that the fishiest sites are the ones associated w/casino's or sportsbooks. At least they are until all the bonuswhores finds out about them. The crypto sites used to be mega fishy before all the bonus whores settled in. This new deal only affects those who rely on rake back. If all the rake back rocks leave and only the fish stay it could be heaven for those who stay.