RAKEBACK GOING...RAKE WAR TO START??? - Page 2

rivered · #11 03-12-2005, 10:35 PM

The only people it helps with a lower rake is people who play to make money and are somewhat knowledgeable. For the fish, they don't know anything about rake levels or care. Lowering the rake won't change anything for them and they won't care or, more likely still, they won't even notice. So Party does the smart thing in this case. Set up rake back options for people who look for it and help give incentives for people to play. For the others, who don't know any better, Party still gets to keep the full ammount because it wouldn't matter with these people anyways. It's a win/win situation for them.

lorinda · #12 03-12-2005, 10:51 PM

It doesn't have to be in the form of rake.

The argument I've always presented, and I stress that most people think I'm wrong, is that any advertising money would come from their advertising money pool.
Affiliate money eats into that pool, but if there was less money coming from there, there could be more bonuses/lower rake/more promotions/more freebies/whatever.

When the term "Lower rake" is used by me, it's used loosely and not specifically meaning rake.

My fault for being ambiguous, but I've presented the case so many times, I kind of forget that new people come by all the time.

Lori

DanS · #13 03-12-2005, 11:13 PM

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'L' key missing on the keyboard?

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101... yeah, it decided to break on me yesterday as bad karma for taking $6700 from one particu1ar on1ine casino this week. 1ucki1y, I'm gonna take it to Best Buy under their 'no 1emon po1icy' and buy a new De11 desktop in the meantime. I just got tired of 'crt1-v' for the '1', so I just use the 1 ti1 I take care of it.

Dan

DanS · #14 03-12-2005, 11:17 PM

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As to bending the rules.... It is clearly stated on the sites of these companies that it's against the rules.
Would you buy shares in a company that allowed shoplifting?

Lori

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Great response, but bad ana1ogy... Party is trying to maximize profit, and whi1e they're not doing an optima1 job, at 1east they're trying. Subt1ety promoting an idea that retains big customers (though Brad1ey articu1ated why it's backfiring on them)is not the same as encouraging shop1ifting. Do you see w... never mind. [img]/images/graemlins/smirk.gif[/img]

Dan

DanS · #15 03-12-2005, 11:23 PM

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The only people it helps with a lower rake is people who play to make money and are somewhat knowledgeable. For the fish, they don't know anything about rake levels or care. Lowering the rake won't change anything for them and they won't care or, more likely still, they won't even notice. So Party does the smart thing in this case. Set up rake back options for people who look for it and help give incentives for people to play. For the others, who don't know any better, Party still gets to keep the full ammount because it wouldn't matter with these people anyways. It's a win/win situation for them.

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You just articu1ated what I meant to say, thanks.

Dan

SinCityGuy · #16 03-13-2005, 12:22 AM

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I 'whore' alot at low limits but also play 15-20 hours per week of multi-tabling $10/$20 and $15/$30. I am probably missing out on hundreds of dollars a month.

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Thousands of dollars a month.

Rudbaeck · #17 03-13-2005, 03:37 AM

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It has always made sense to me that if people stopped signing up extra accounts to get money they were not entitled to then Party would have extra money to give to those of us who were honest enough to play by the rules.

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You mean that the $350 million pure profit last year didn't allow poor, poor Party to run any more good bonuses for it's loyal customers?

Party getting heavy competition from someone else and earning less will be a much more likely start of bonus frenzies than Party earning more will.

mmbt0ne · #18 03-13-2005, 03:58 AM

haha, that's cool. I think I'll start to say 101 now. No one will get it, but I'll get a little laugh inside every time I see it.

LinusKS · #19 03-13-2005, 04:30 AM

The smartest thing they can do is put more bonuses out there.

Advertising "We Only Take .25 Out of the First $5 in the Pot, Instead of .50" won't bring many new players in, but "$100 Bonus" will.

Freudian · #20 03-13-2005, 04:46 AM

I think you are wrong. I think if more people used rakeback (and thus moved away from the main Party skin) it would lead to faster change.

In fact, Party has been forced into action now. Something they never would have if everyone just accepted the higher rake.

edit: For me personally I have no remorse having changed affiliate. The first affiliate(s) I had on the Party network has earned way more on me than they deserve already. In fact if I had known what I now know I would rather sign up under no affiliate than under the affiliates I did sign up under.