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-   -   PokerRoom.com Rake Structure Information (http://archives2.twoplustwo.com/showthread.php?t=326717)

PokerRoom.com 08-31-2005 12:48 PM

PokerRoom.com Rake Structure Information
 
Sorry for posting this in numerous threads.
But it probably needed its own thread since so many people have been wondering.
.................................................. ........

Hi all,

Just a few clarifications regarding the recently updated PokerRoom.com rake structure.

But first of all I hope that all of you bear in mind that basing the rake on Big Blinds instead of Pot Size is an entirely new system designed to equalize the percentage of rake paid by players of various levels. We believe doing so is fair. However, as an entirely new system it may need certain adjustments not spotted in our extensive simulations.

1. The new rake structure tables have been available since yesterday. A link to the new structure was also posted in our news section yesterday.

2. We still incorporate a No Flop No Drop policy. Naturally. The tables will be updated to clarify that.

3. The overall drop in player points received is an effect we did not anticipate, intend nor did it surface during our extensive analysis. The Player Points system will therefore undergo an overhaul to adjust to the new structure and distribute more points.


4. Certainly certain games on certain levels will now have to pay a slightly higher rake than before, but do notice that others will pay way less. All heads-up games as well as high-stakes limit games are obvious examples of this.

5. The new, more dramatic cut-off point in paid rake can unfortunately lead to certain pots being raked around 9-10%. Do note however that these are extreme situations that only occur when a pot reaches a certain, exact size.

Examples:

Limit 5-10 players

1/2 LEVEL
Pot size $11 total rake $0.40
Pot size $12 total rake $1
Pot size $29 total rake $1

2/4 LEVEL
Pot size $23 total rake $0.80
Pot size $24 total rake $2
Pot size $48 total rake $2


Finally we do appreciate all of the feedback and comments received from all you 2+2 users.
Nothing beats hearing first-hand what the players themselves have to say.

C u at the tables!

PokerRoom.com
Meet Them and Beat Them

Freudian 08-31-2005 12:56 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]

C u at the tables!

[/ QUOTE ]

Wanna bet?

Pokamastah 08-31-2005 01:10 PM

Re: PokerRoom.com Rake Structure Information
 
fixed your post

[ QUOTE ]
Hi all,

Just a few clarifications regarding the recently updated PokerRoom.com rake structure.

But first of all I hope that all of you bear in mind that basing the rake on Big Blinds instead of Pot Size is an entirely new system designed to maximize the percentage of rake paid by players of various levels. We believe doing so is very profitable. However, as an entirely new system we may need to be slightly less greedy to keep our customers.

1. The new rake structure tables have been available since yesterday. A link to the new structure was also posted in our news section yesterday.

2. We still incorporate a No Flop No Drop policy. Naturally. The tables will be updated to clarify that.

3. The overall drop in player points received is an effect we hoped you would not notice, which was obvious without any analysis at all! The Player Points system will therefore undergo an overhaul to adjust to the new structure and distribute more points.


4. Certainly games on most levels will now have to pay a significantly higher rake than before, but do notice some others will pay somewhat less. All heads-up games as well as high-stakes limit games are obvious examples of this.

5. The new, more dramatic cut-off point in paid rake can unfortunately lead to many pots being raked around 9-10%.

Examples:

Limit 5-10 players

1/2 LEVEL
Pot size $11 total rake $0.40
Pot size $12 total rake $1
Pot size $29 total rake $1

2/4 LEVEL
Pot size $23 total rake $0.80
Pot size $24 total rake $2
Pot size $48 total rake $2


Finally we do appreciate all of the feedback and comments received from all you 2+2 users.
Nothing beats hearing first-hand what the players themselves have to say.

C u at the tables!

PokerRoom.com
Meet Them and Beat Them

[/ QUOTE ]

HavanaBanana 08-31-2005 01:25 PM

Re: PokerRoom.com Rake Structure Information
 
Is PokerRoom taking more rake out of the players now than before?

Of course they are, I am withdrawing as I speak.
Players must use their buying power to make the poker rooms understand that fcuking us over is not to their benefit.

ToT

PS: No pot should EVER be raked 10%

playersare 08-31-2005 01:29 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
No pot should EVER be raked 10% unless the bonus is worth at least double the MGR in return

[/ QUOTE ]
FYP - this is why we play the party skins.

pokerroom's rake/bonus ratio used to be 140% which was already fairly mediocre vs. competition. now they are off my list completely.

Synergistic Explosions 08-31-2005 01:34 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
5. The new, more dramatic cut-off point in paid rake can unfortunately lead to certain pots being raked around 9-10%. Do note however that these are extreme situations that only occur when a pot reaches a certain, exact size.


[/ QUOTE ]

But you are willing to leave it this way regardless?

Players aren't stupid. We realize that with the huge percentage gains of players at all the major sites that revenue has risen dramatically and profits have increased equally.

This being so, there is no reason to 'tax' players with higher rakes when in fact rakes should be decreasing to reflect the larger player base and increasing revenue and profits being realized by all the major sites.

To be finding ways to increase your revenues further at this point in time clearly shows what the future holds for players. It is not a good future. It will push us to seek alternative sites that will offer us fee based play instead of single game raked play.

For the good of your site you need to shift your strategy to increase revenue in other ways, not to tax the player further through increased rakes.

groo 08-31-2005 01:35 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
C u at the tables!

[/ QUOTE ]

Nope.

Siingo 08-31-2005 01:37 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
5. The new, more dramatic cut-off point in paid rake can (un)fortunately lead to many pots being raked around 9-10%.

[/ QUOTE ]

You should delete this 2 letters....

Pokamastah 08-31-2005 01:41 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
Is PokerRoom taking more rake out of the players now than before?

Of course they are, I am withdrawing as I speak.
Players must use their buying power to make the poker rooms understand that fcuking us over is not to their benefit.

ToT

PS: No pot should EVER be raked 10%

[/ QUOTE ]

So I can rest assured that Prima is not planning any similar rake increase?

Sarge85 08-31-2005 01:42 PM

Re: PokerRoom.com Rake Structure Information
 
ToT....

Didn't you have a post awhile back that outlined all the major sites rake structures.

Anychance you could repost/update that.

Sarge[img]/images/graemlins/diamond.gif[/img]

flair1239 08-31-2005 01:45 PM

Re: PokerRoom.com Rake Structure Information
 
It appears that 5/10 and above are unchanged. This only seems to effect the smaller limits.

Rockfish 08-31-2005 01:47 PM

Re: PokerRoom.com Rake Structure Information
 
To reiterate what others have said so well, just in case you come back to this thread.

1) Pokerroom software is not very good (I'm being polite)

2) Pokerroom bonuses are not particularly generous. I passed on this last one because of point 1 and point 2 combined.

3) There are other alternatives to Pokerroom. Lots of them.

Recliner 08-31-2005 01:48 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
C u at the tables!

[/ QUOTE ]

I was actually thinking about trying pokerroom out until this came up, and I play NL.

HavanaBanana 08-31-2005 01:49 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
ToT....

Didn't you have a post awhile back that outlined all the major sites rake structures.

Anychance you could repost/update that.

Sarge

[/ QUOTE ]

Those are way old 2 years or so.
My last day with The Gaming Club Poker Room was today, I resigned to work more on my poker game, and you can rest assured that I will be vocal in fighting for the players rights.

I have no info on any PRIMA rake increase, but if they did they would go against my recomendation.

I created the HIGHVOLUME promotion so that players could get up to at least 80% rake back, hell maybe I'll sign up for it myself lol.

(I actually would, but am taking a vacation now.)

ToT

HavanaBanana 08-31-2005 01:55 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
It appears that 5/10 and above are unchanged. This only seems to effect the smaller limits.

[/ QUOTE ]

The point is the principle and the overall picture, If you were living in a country where all the people without a last name starting with the same letter as yours had to pay double taxes would you think it was ok?

Besides, if they get away with something like this, then those limits will be next, trust me.

ToT

phredd 08-31-2005 01:59 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
To reiterate what others have said so well, just in case you come back to this thread.

1) Pokerroom software is not very good (I'm being polite)

2) Pokerroom bonuses are not particularly generous. I passed on this last one because of point 1 and point 2 combined.

3) There are other alternatives to Pokerroom. Lots of them.

[/ QUOTE ]

1. True
2. Also True
3. True if and only if you use a PC. Mac users are screwed. However, I'm still not convinced that this change will make a dramatic difference for most players, except (as I mentioned elsewhere) micro-limit players, who are shut out of bonuses. They say they'll fix that, so we'll see. I don't see a need for any knee-jerking, though.

Tk79 08-31-2005 02:55 PM

Re: PokerRoom.com Rake Structure Information
 
You suck I hate you and I hope you get hit by a bus...twice. Or wait. I dont even play at pokerroom. Just though Id jump on the pile.

Uglyowl 08-31-2005 03:22 PM

Re: PokerRoom.com Rake Structure Information
 
First thought: "Just a bunch of people whining as usual" [img]/images/graemlins/smile.gif[/img]

After looking at it: Holy crap! What a scam! Pokerroom is unreal. It is a shame I am part way to clearing a bonus and may just quit. What a scam!

Pokerroom, you have to be kidding.

Some examples from $2/4:

$0.80 rake on a $9 pot (no rake at Party)

$2 on $26 pot ($1 at Party)

Of course they conviently go from $.80 to $2 to screw you on bonus clearing as well.

gildwulf 08-31-2005 03:26 PM

Re: PokerRoom.com Rake Structure Information
 
http://happypenguin.org/images/GreedySplash.png

BigF 08-31-2005 03:28 PM

Re: PokerRoom.com Rake Structure Information
 
I'm withdrawing all my money from your site.

Example:
pot $23 -> rake $0.8
pot $24 -> rake $2.0

How can you say shiiiit like that with a straight face, you punk?

2+2 wannabe 08-31-2005 03:34 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
I'm withdrawing all my money from your site.

Example:
pot $23 -> rake $0.8
pot $24 -> rake $2.0

How can you say shiiiit like that with a straight face, you punk?

[/ QUOTE ]

yeah this is retarded

TomR 08-31-2005 03:40 PM

Re: PokerRoom.com Rake Structure Information
 
The bottom line is your average rake per $2/4 LHE hand has increased.

My withdrawl has already hit my Neteller account.

No great loss, lots of other places to play.

Spook 08-31-2005 03:40 PM

Re: PokerRoom.com Rake Structure Information
 
What is even worse than this is,

1) You did it right as you did your first reload bonus in five months.

2) You have yet to change the information on Rake in the easist to access place. Two clicks of the mouse, as opposed to having to find the FAQ.

Wyers 08-31-2005 03:42 PM

Re: PokerRoom.com Rake Structure Information
 
PokerRoom was always a favourite of mine.

It was my first site when I was eeking it out and learning the game at your .25/.50 tables. I continue to play at your site from time to time and actually enjoy the software.

I predominantly play between 2/4 and 5/10 with some SnGs and MTTs thrown in for good measure.

Effective today I will be closing my account.

ZBTHorton 08-31-2005 03:44 PM

Re: PokerRoom.com Rake Structure Information
 
Another customer lost here.

wateronrock 08-31-2005 03:53 PM

Re: PokerRoom.com Rake Structure Information
 
I won't be going back to PokerRoom.

Let this be a warning to any other sites that are stupid enough to think that raising the rake is a good idea.

Hopefully it will be a freakin ghost town.

Siingo 08-31-2005 04:22 PM

Re: PokerRoom.com Rake Structure Information
 
Im afraid that it wont be a ghosttown right away. It is not that many that acctually read about the rake.

The first months will they probably win more even if they loose some of there high volume players. But the rumour will probably scare the players away later. And other players will notice that they loose money faster there and leave.

But it will take some time....

stir 08-31-2005 04:25 PM

Re: PokerRoom.com Rake Structure Information
 
Just another of many stating that I will no longer play at Pokerrom. Further I will inform some of my acquaintances who don't regularly read 2+2 zoo.....greener pastures.

jrz1972 08-31-2005 04:35 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
2/4 LEVEL
Pot size $23 total rake $0.80
Pot size $24 total rake $2


[/ QUOTE ]

OMFG. [img]/images/graemlins/shocked.gif[/img]

The new rake structure actually causes the net pot size to FALL as money goes into the pot. This is asinine, and you will never be able to convince anybody that you did "extensive analysis" on this beforehand. A bright sixth-grader could have spotted the flaw here.

M Tal 08-31-2005 04:36 PM

Re: PokerRoom.com Rake Structure Information
 
"The overall drop in player points received is an effect we did not anticipate, intend nor did it surface during our extensive analysis"

Wow you guys got really lucky then.
Managed to increase the rake while
making bonuses harder to clear BY ACCIDENT!
... all during a reload. I played there till today.

Uglyowl 08-31-2005 04:47 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
[ QUOTE ]
2/4 LEVEL
Pot size $23 total rake $0.80
Pot size $24 total rake $2


[/ QUOTE ]



OMFG. [img]/images/graemlins/shocked.gif[/img]

The new rake structure actually causes the net pot size to FALL as money goes into the pot. This is asinine, and you will never be able to convince anybody that you did "extensive analysis" on this beforehand. A bright sixth-grader could have spotted the flaw here.

[/ QUOTE ]

That is great, $1 goes into pot, Pokerroom takes $1.20. Amazing!

BigF 08-31-2005 04:53 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
2/4 LEVEL
Pot size $23 total rake $0.80
Pot size $24 total rake $2


[/ QUOTE ]



OMFG. [img]/images/graemlins/shocked.gif[/img]

The new rake structure actually causes the net pot size to FALL as money goes into the pot. This is asinine, and you will never be able to convince anybody that you did "extensive analysis" on this beforehand. A bright sixth-grader could have spotted the flaw here.

[/ QUOTE ]

That is great, $1 goes into pot, Pokerroom takes $1.20. Amazing!

[/ QUOTE ]

Hey it's "more fair" according to their "extensive analysis"!

Uglyowl 08-31-2005 04:56 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
2/4 LEVEL
Pot size $23 total rake $0.80
Pot size $24 total rake $2


[/ QUOTE ]



OMFG. [img]/images/graemlins/shocked.gif[/img]

The new rake structure actually causes the net pot size to FALL as money goes into the pot. This is asinine, and you will never be able to convince anybody that you did "extensive analysis" on this beforehand. A bright sixth-grader could have spotted the flaw here.

[/ QUOTE ]

That is great, $1 goes into pot, Pokerroom takes $1.20. Amazing!

[/ QUOTE ]

Hey it's "more fair" according to their "extensive analysis"!

[/ QUOTE ]

Whoever is doing their extensive analysis should be fired. This is the dumbest rake structure I have ever seen (not withstanding that it is high).

theben 08-31-2005 04:59 PM

Re: PokerRoom.com Rake Structure Information
 
although you may discount or have no large net changes on rake at high stakes games, the sheer volume of low stakes games played generates the majority of dollars from rake. you may pass this under the guise of a 'rake redistibution' when in reality you just tax smaller games more to increase net revenues. your hopes is that since most low limit players are stupid so they won't really become infuriated with this greedy change because they will fail to understand its significance.

if i am wrong, please flame away

evil_twin 08-31-2005 05:05 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
I am withdrawing as I speak.
Players must use their buying power to make the poker rooms understand that fcuking us over is not to their benefit.

[/ QUOTE ]

Quite right. Roll withdrawn.

thesharpie 08-31-2005 05:08 PM

Re: PokerRoom.com Rake Structure Information
 
I was going to play here sometime this month. I'll tell my friends not to go to you, I'll even turn the MAC and GNU/Linux users onto Pacific and VMWare. [img]/images/graemlins/smile.gif[/img]

Bradyams 08-31-2005 05:09 PM

Re: PokerRoom.com Rake Structure Information
 
I'm in the middle of the sign up bonus. This is [censored] horseshit.

PITTM 08-31-2005 05:12 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
I'm in the middle of the sign up bonus. This is [censored] horseshit.

[/ QUOTE ]

me too, this sucks [img]/images/graemlins/frown.gif[/img]. i have 800 points to clear, that will have to be done some other time.

rj

Uglyowl 08-31-2005 05:24 PM

Re: PokerRoom.com Rake Structure Information
 
[ QUOTE ]
[ QUOTE ]
I'm in the middle of the sign up bonus. This is [censored] horseshit.

[/ QUOTE ]

me too, this sucks [img]/images/graemlins/frown.gif[/img]. i have 800 points to clear, that will have to be done some other time.

rj

[/ QUOTE ]

Mr. Pokerroom said this was an unseen effect that bonus points drop. Maybe they will change it unless it is just lip service.

I am in the same boat, 20% done towards a $200 bonus.

Spook 08-31-2005 05:29 PM

Re: PokerRoom.com Rake Structure Information
 
Money withdrawn mid bonus clearing.


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