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Old 05-06-2005, 01:52 PM
chaosuk chaosuk is offline
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Join Date: May 2005
Posts: 35
Default Re: Steps have go to be bad for PP\'s business,

The main difference between SNGs and steps is that party decide how to invest your winnings - not you. This doesn't make it a rake trap for the player or a bad deal for party.
Lot's of stuff may have been written indicating why steps are a rake-trap but it's mostly untrue.

The downside of steps is the good players at the top. The other alleged downside is the flatter structure. Whilst it is true at the extremes (prizes 1-10 pay the same, everyone loses their rake): increased flatness doesn't imply lower return. Bad players are probably worse off in a 5:3:2 structure than a winner-takes all event, because they make uninformed decisions close to the money.

At Prima you don't pay a jot of rake until you cash out at the top. This is a bad deal for them. If you like playing steps support prima, at least in part, I've no interest in Prima as I seldom play there, but I am for lower rake - even if it's not by design.
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