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-   -   A new site is coming out that is 30 cents max rake - for real money (http://archives2.twoplustwo.com/showthread.php?t=381367)

11-19-2005 01:50 AM

A new site is coming out that is 30 cents max rake - for real money
 
hey everyone

i heard about a new site opening that is going to be 30 cents max rake or membership based at dollar a day to play 24/7 with no rake fees.

bye mike

miajag81 11-19-2005 01:52 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
Moderator(s) notified In a moment you will be automatically returned to the forum.

waffle 11-19-2005 02:45 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
hey, I heard that your marketing team isn't competent in the slightest and presumes that we're all idiots. I can only assume the rest of your company and venture is the same. What's it like knowing your project is doomed to failure?

A_Junglen 11-19-2005 02:51 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
I like the hyphen in your title. It clarifies any confusion whether or not they rake you for real or play money.

Sintax 11-19-2005 02:59 AM

Re: A new site is coming out that is 30 cents max rake - for real money
 
Unfortunately, due to your business model, your site will be linked to Dutch Boyd and has no chance of success. Posters here will see to that.

tubalkain 11-19-2005 04:28 AM

Re: A new site is coming out that is 30 cents max rake - for real money
 
No rake? Seriously? Wow, either we get to pay 30c to play tables with nine other 2+2ers or you just run away with our deposits! Sign me up!

SoftcoreRevolt 11-19-2005 05:20 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
Dude, 30 cents max rake would be a bargain on virtual money tables. Party is killing my winrate with the oppressive fun money rake.

11-19-2005 05:37 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
Dude, 30 cents max rake would be a bargain on virtual money tables. Party is killing my winrate with the oppressive fun money rake.

[/ QUOTE ]

Yeah, me too. Anyone know if I can close my play money account and sign up for a new one with play money rakeback? Would I need a new email address?

roundest 11-19-2005 07:43 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
"This site is about to take online poker to a new level. We will challenge the online poker establishment by discarding the rake and offering imaginative & novel revenue models coupled with a great playing experience.
Our objective is to deliver a poker site for real poker players that reduces the cost of play, ensuring more of our players are profitable.
Our promise:
"All of the money you win at our tables can stay in your pocket!""

They are also offering "shares" to their players!!! I'm certain this will go over well, especially in North America!!!

Petteri 11-19-2005 08:18 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
We will see if this monthly fee based business model will work. If it does great deal of poker and sports betting market could transfer to monthly fee based services.

Synergistic Explosions 11-19-2005 02:26 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
We will see if this monthly fee based business model will work. If it does great deal of poker and sports betting market could transfer to monthly fee based services.

[/ QUOTE ]

That's very true. I just started on a fee based site for tournies that costs $10 bucks a month if you pay upfront for a year, or $20 on a month to month option. They have a great tourney schedule of cash paying MTT's each day. You pay nothing to enter the cash tournies and qualifiers for upcoming special MTT's with big paydays.

Something like this I find will be great for so so many beginner and intermediate players wanting a low cost option to play many many cash tournies without risking more than .33 per day. It's really a no lose situation, and a great way to learn how to play MTT's and improve your game. The cash offerings are substantial enough to keep your interest too.

The cash tourney offerings do max out at 1000 players, and they are usually full before going off, so the site definately has a solid player base already. So it looks like this type of fee based site for a few dimes a day can do well.

Hopefully the days where big sites like Party are able to rake off 3 million of players bankrolls a day are numbered. Maybe two years from now things will be totally different.

Arnfinn Madsen 11-19-2005 02:55 PM

Re: A new site is coming out that is 30 cents max rake - for real money
 
Don't want to encourage the spammer, but it would be nice if one such site would succeed. It would put a bit more pressure on the bigger sites.

Scotty O 11-19-2005 05:14 PM

Re: A new site is coming out that is 30 cents max rake - for real money
 
[ QUOTE ]
hey everyone

i heard about a new site opening that is going to be 30 cents max rake or membership based at dollar a day to play 24/7 with no rake fees.

bye mike


[/ QUOTE ]

Hmmm. 3 posts...

partygirluk 11-19-2005 06:28 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
Which site is that?

Beer and Pizza 11-19-2005 06:40 PM

Re: A new site is coming out that is 30 cents max rake - for real money
 
[ QUOTE ]
Don't want to encourage the spammer, but it would be nice if one such site would succeed. It would put a bit more pressure on the bigger sites.

[/ QUOTE ]
It would be nice if an idea like a 30 cent maximum rake per hand succeeded. This is a good idea, and could start a price war eventually.

The idea of a small fee per day or month is bad - too many whores will make the site too tight and will deny the site any possibility of earning enough to make a profit and fund a marketing campaign.

Ro-me-ro 11-19-2005 06:41 PM

Re: A new site is coming out that is 30 cents max rake - for real money
 
I just looked at your profile...rofl

Title: Spammer
Occupation: Spammer

Seriously funny stuff! [img]/images/graemlins/grin.gif[/img]

11-19-2005 06:41 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
Very well put, these poker sites are making a killing and it isn't easy to win. If I had my own site the rake would be 3% or $2 max and I would still be rich.

MicroBob 11-19-2005 06:49 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
Not sure if youare aware romero...but that was most likely done by one of the moderators after they locked this guy's 2+2 handle.

(just in case you thought the original-poster himself was just being up front about some kind of goofy practical joke).

Ro-me-ro 11-19-2005 07:41 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
I guess I am a moron [img]/images/graemlins/smile.gif[/img]

MicroBob 11-19-2005 07:45 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
it's a new thing these days.

i think the newer mods don't have the power to just ban the poster. but they can change all sorts of stuff on their profile and in their title (such as where jurollo adjusted my 'title' to say 'johnny chan spotter') so whenever a spammer or 'online-is-rigged' or 'i don't understand variance but i think i'm gods-gift of poker' type guy arrives they can expect a 'scarlet letter' or two courtesy of the mods.

Eder 11-19-2005 07:52 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
I think the name of new sites (esp ones intending to give players a better deal) are of interest to all players and should stay up on 1 time basis...after all this is the INTERNET POKER forum...ffs why blank it off while other sites are mentioned xxxx times/day.

Mods need some common sense?

ubercuber 11-19-2005 10:13 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
Wouldn't this kill bonuses? I guess at higher levels that's a small price to pay. I think it's a bad idea though. Why not make rake off the fish that don't care about pot odds, let alone rake, and just give better bonuses to the granny code using rakeback whores? Maybe I am wrong and it will be a great marketing tool to attract ...umm, schools of fish. I don't see it though

Mike Haven 11-19-2005 11:09 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
Mods need some common sense?

[/ QUOTE ]

You're right. I'm dumb. I should allow one spam post per spammer, and not be part of the Twoplustwo system where they expect adverts to be paid for so that Twoplustwo can provide these forums for our free use.

I'm sorry, but I've mislaid this guy's e-mail address which he kindly provided so that you could contact him and he could presumably obtain some sort of referral fee by introducing you to the subject site.

However, the subject site was called Cardcrusade.

[ QUOTE ]
why blank it off while other sites are mentioned xxxx times/day.


[/ QUOTE ]

Until you pointed it out, I was making a difference between a spammer with one spam post and an established forum member with hundreds of community posts. Now that the forum will be filled with one-post-spam-posts I hope that the community members will remember that it is because of you.

Eder 11-19-2005 11:50 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
Sorry Mike... just that no rake is interesting concept to discuss here on the Internet Poker forum, and names of sites that would offer this is of extreme intererst to me.

btw thanks for the site name...

Pokeraddict 11-20-2005 12:25 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
If we could all just spam then why would be buy ads that support the forum?

As Mike said it would be different if this was an established poster but it cant be allowed that anyone can sign up and spam, it would destroy the usefulness of the forum.

11-20-2005 01:23 AM

Re: A new site is coming out that is 30 cents max rake - for real money
 
Honestly, our company looked into lowering the rake as well. I mean, who wouldn't in order to try to break into a very cluttered marketplace.

However, as we soon realized, the cost to get one of these sites up has been significant, not to mention the marketing, support, etc. Boo hoo, right? We chose to open the site. The rewards outway the risks if we start to see traffic, no question about that.

Some of the posts on this thread are on the money, though. The unfortunate result of this new site's venture will be seeing tight-fisted sharks rock gardening each other on the tables. And without an influx of cash from the rake to fund big freerolls, guarenteed tournaments and freebies (not to mention customer support, marketing, operations, etc), these folks look to have a rough ride just to get out of the gate.

Thanks to Earl, I'm a believer in Karma, so I'll never wish ill of any site. But assuming they get 2000 people to sign up and pay $15 per/month, that's $30K gross revenue for what might be 4 tables worth of traffic. Unless everyone in the company is bankrolled (or working for free), they're going to be in the red for quite some time.

Like it or not, a poker site is a casino and every casino needs to give away big prizes in order to stimulate the imagination. I constantly run into people and ask them about where they play poker. More often than not, I find most play at Party not because of the fish, but because they are waiting to hit the Bad Beat Jackpot. When I ask, 'you don't mind paying an extra $.50 in rake?', they to a man reply: "Yeah, but I only pay that when I win."

Zero Rake's problem will become this site's problem. Namely, how do you get casual players into a site without cold, hard cash prizes flowing from the site like water? And above all, no casual player is going to 'subscribe' to a poker site...because they all feel that's like paying a site every month to lose at poker.

Again, the market will tell. Personally, I don't know a single casual player who's complaining about the $1 rake that was taken...because they're happy about the $19 dollars they took down AND the $5 in bonus money they earned back yesterday.

I wish them luck.

11-20-2005 01:53 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
it's a new thing these days.

i think the newer mods don't have the power to just ban the poster. but they can change all sorts of stuff on their profile and in their title (such as where jurollo adjusted my 'title' to say 'johnny chan spotter') so whenever a spammer or 'online-is-rigged' or 'i don't understand variance but i think i'm gods-gift of poker' type guy arrives they can expect a 'scarlet letter' or two courtesy of the mods.

[/ QUOTE ]

I think that's how I became a journy "woman"... hehe I like it. But what does the * under someone's name mean?

Mike Haven 11-20-2005 01:59 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
what does the * under someone's name mean?

[/ QUOTE ]

It seems to be astroglide's "three strikes and you're out" system for off-kilter posts in OOT.

11-20-2005 03:11 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
[ QUOTE ]
what does the * under someone's name mean?

[/ QUOTE ]

It seems to be astroglide's "three strikes and you're out" system for off-kilter posts in OOT.

[/ QUOTE ]

ok tyvm

Synergistic Explosions 11-20-2005 03:16 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
Which site is that?

[/ QUOTE ]

At the risk of getting banned, the fee based site I found is called BetZip. They only offer MTT's that pay cash, but they are free to enter if you are in the players club which means you paid a monthly fee. Here is some of what they offer:

[ QUOTE ]
Types of Events/What Is There To Win?

Player's Club Events are available to Player's Club members*.
Basic events are available to Basic members and Player's Club members.
Ring Play is available to Basic members and Player's Club members.

Player's Club Weekly/Monthly Cash Tournaments

$20,000 Monthly Cash Tournament (Click here for more details including prizes and rules)
$5,000 Weekly Cash Tournament (Click here for more details including prizes and rules)

Player's Club Daily Cash Tournaments

$1,000 Daily Cash Tournament (Click here for more details including prizes and rules)
$500 Daily Cash Tournament (Click here for more details including prizes and rules)
$250 Daily Cash Tournament (Click here for more details including prizes and rules)
$150 Daily Cash Tournament (Click here for more details including prizes and rules)
$100 Daily Cash Tournament (Click here for more details including prizes and rules)


[/ QUOTE ]

I'm thinking if you paid for a yearly subscription it comes out to about 33 cents a day. Monthly would cost about 66 cents a day. It would appear to be worth it to me, but I don't really know for sure, as they just told me people from Arizona can't be in the players club! Guess that's because of Jon Kyl or something, I haven't a clue. Most other states and Canada and even the UK are welcome. Just not Arizona.

Shoe 11-20-2005 03:47 AM

Re: A new site is coming out that is 30 cents max rake - for real money
 
Although I would love to see a no-rake or low-rake site as much of the rest of you, this has been discussed many times before, and it simply won't work, atleast not anytime in the forseeable future.

The reason is because the masses either don't know, or don't care about rake. They don't see how it adds up, and they don't think it impacts their bottom line.

However, what will work, is a site that charges normal rake, but returns almost all of it in great promotions and/or incentives. This way, we would still be paying the same rake, but instead of getting nothing back, we would either be getting the equivilant of a high rakeback percentage through bonuses (and casual players love bonuses), or through all expense paid entries into WSOP/WPT tournaments if you play enough hands, or other exciting prizes.

A few sites have tried stuff like this, but we are still waiting for that startup (or existing site) to put that mysterious puzzle of software, marketing, support, promotions, and soft games together correctly.

Here's for hoping sooner rather than later.

Mike Haven 11-20-2005 08:18 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
At the risk of getting banned

[/ QUOTE ]

Now, who ever would want to see our very own five-star, one-asterisk, Zoo poster Synergistic Explosions banned?

timprov 11-20-2005 09:31 AM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]

i think the newer mods don't have the power to just ban the poster. but they can change all sorts of stuff on their profile and in their title (such as where jurollo adjusted my 'title' to say 'johnny chan spotter') so whenever a spammer or 'online-is-rigged' or 'i don't understand variance but i think i'm gods-gift of poker' type guy arrives they can expect a 'scarlet letter' or two courtesy of the mods.

[/ QUOTE ]

Figured I'd clear this up: we can still ban anybody, but what we can't do now is delete/lock threads except in our home forums. So sometimes spam threads get left around even after the poster was banned, especially if they posted it in multiple forums.

There's no difference between the powers of older mods and newer ones, as far as I know (except of course Mat).

Overdrive 11-20-2005 10:42 AM

Re: A new site is coming out that is 30 cents max rake - for real money
 
I'm an optimist by nature so I really hope that one of these new lower rake sites can make a go of it. Everyone knows that the only thing that Party has going for it is the number of players they have, everything else about Party sucks big time. I really hope that a site like cardcrusade or pokerchamps or something along those lines can get some momentum and make a go of it. I wish them all the best.

Alobar 11-20-2005 12:44 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
Wouldn't this kill bonuses? I guess at higher levels that's a small price to pay.

[/ QUOTE ]

This is why I fear rakefree sites are doomed to fail. The fish completely dont understand how rake works (see above)

Greg J 11-20-2005 12:58 PM

Re: A new site is coming out that is 30 cents max rake - for real mone
 
[ QUOTE ]
i think the newer mods don't have the power to just ban the poster.

[/ QUOTE ]
Just fyi (for everyone -- since I think these kinds of things should be common knowledge to the 2p2 posting public), everybody in green can ban anyone not in green or red at any time, based on our own judgement. I rarely ban people, especially outside my own forum (I adhere to the long rope philosophy of modding). The exception is spammers -- we have orders to nuke them all on site regardless of the forum.

FWIW I didn't get this one.


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