why not just lower the rake?

#1 10-13-2005, 02:04 PM

somewhat new to online play..don't get all this rakeback crap. why don't the sites just have lower rake for all?

krimson · #2 10-13-2005, 02:06 PM

A standard player has no clue that rakeback exists. Lowering rake would mean they're giving everyone a discount and this is a huge decrease in revenue for the site.

Plus most fish won't go play at a site because it take $2 out of the pot rather than $3. I'd be surprised if most players even know what rake is.

teddyFBI · #3 10-13-2005, 02:06 PM

[ QUOTE ]
somewhat new to online play..don't get all this rakeback crap. why don't the sites just have lower rake for all?

[/ QUOTE ]

Price differentiation.
Why lower the rake for EVERYBODY, when the only people who are clamoring for a lower rake (via rakeback) represent a tiny fraction of the playing population.

PaultheS · #4 10-13-2005, 02:07 PM

[ QUOTE ]
somewhat new to online play..don't get all this rakeback crap. why don't the sites just have lower rake for all?

[/ QUOTE ]

Certain types of players (the bad, gambling type players) don't know/care about rake at all. Lowering rake slightly wouldn't bring more of those players but would still cut the site's profit.

Rakeback is a way of giving only the players who care about the rake a lower rake while still raking the majority of players the full amount.

Edit: Er, yeah, what they said...

Pov · #5 10-13-2005, 02:07 PM

[ QUOTE ]
somewhat new to online play..don't get all this rakeback crap. why don't the sites just have lower rake for all ?

[/ QUOTE ]

There is no reason to lower everyone's rake when you can charge the newbs full price and lure the discerning customers with discounts. Those Dell coupons everyone raves about are exactly the same thing.

edit: There weren't any replies when I started typing. [img]/images/graemlins/smile.gif[/img]

#6 10-13-2005, 02:09 PM

thanks, yes i understand.

do rakebacks always go thru and affiliate? or can you get rakeback directly from the sites?

PaultheS · #7 10-13-2005, 02:09 PM

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do rakebacks always go thru and affiliate? or can you get rakeback directly from the sites?

[/ QUOTE ]

Almost always from an affiliate.

Pov · #8 10-13-2005, 02:12 PM

[ QUOTE ]
thanks, yes i understand.

do rakebacks always go thru and affiliate? or can you get rakeback directly from the sites?

[/ QUOTE ]

Primarily through affiliates though there are/were a few that did it somewhat directly. Everything is screwed right now. Your best bet is to just hang out and read the forum for a week or two before deciding what to do. It is unlikely people who wait to sign up for something will be disappointed, but somewhat likely people who jump the gun will be.

#9 10-13-2005, 02:13 PM

why is it screwed right now?

Pov · #10 10-13-2005, 02:25 PM

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why is it screwed right now?

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Long answer - do a bunch of reading on this forum and in the Internet forum.

Short answer - Policy changes at Party open the possibility the landscape for discounted play will change significantly in the coming weeks - it is certainly changing, but may end up being the same old thing in a different wrapper or possibly a totally different setup. For players at least (as opposed to the affiliates) it won't likely help you to be on the right side of the fence any earlier than someone who does so next month, but it could definitely hurt you to be on the wrong side of it - though not necessarily. The risk/reward ratio seems to make waiting the obvious +EV decision for players IMHO.

edit: spelling