RAKEBACK GOING...RAKE WAR TO START???

MrGrob · #1 03-12-2005, 06:31 PM

I wonder if the sites get rid of rakeback, and start thinking about cutting their rake, if we could get a rake war started?

Also, would it not be in the site's best interested to lower the rake and make more players break-even or slight winners?

Just ideas....

lorinda · #2 03-12-2005, 06:35 PM

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.

However, there were some excellent posts last night in the thread that got pulled that, although didn't prove me wrong, certainly made it look like Party is probably just too greedy to understand that this would be a good way forward.

Lori

MicroBob · #3 03-12-2005, 06:44 PM

Agreed.

There is a difference between having the extra money to give back to players and actually GIVING it back to them in the form of improved rake, better points-programs, etc (as opposed to just lining their own pockets even further).

If they stopped rake-back entirely at all sites I just can't see them actually taking such a positive step as lowering their own rake.
If they did, most players wouldn't notice anyway (just as most didn't notice when they raised it back in Dec 2003).

Also agreed that there were some good points made in last night's thread. Too bad it was deleted but I do side more towards your line of thinking that it was becoming quite spammy.

DanS · #4 03-12-2005, 06:57 PM

[ QUOTE ]
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.

[/ QUOTE ]

lori-

You are one of the best zoo/2p1us2 poster, and I've a1ways found your integrity and bruta1 honesty refreshing, so take this FWIW...

There are certain issues in 1ife that are so unfair/b1atant1y wrong, that it's worth making a stink over. However, in this case, if you refuse to 1eave Party for a skin (and 25-30% of your rake back), you're cutting off your nose to spite your face. Party (up ti1 now) has been perfect1y happy with this arraingement; it's 1ike an incognito way of creating market efficiency.

Yes, 1ower rake and more bonuses wou1d reward the 'straight shooters' better, but partaking in rake back may be bending the ru1es, but it's not as horrific as you make it sound.

Dan

mmbt0ne · #5 03-12-2005, 07:07 PM

'L' key missing on the keyboard?

DanS · #6 03-12-2005, 11:13 PM

[ QUOTE ]
'L' key missing on the keyboard?

[/ QUOTE ]

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

mmbt0ne · #7 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.

lorinda · #8 03-12-2005, 07:07 PM

I am aware that I'm pretty much on my own on this one, no apology needed, in fact, even if you were wrong, then no apology needed anyway, it's an internet forum [img]/images/graemlins/wink.gif[/img]

I have always taken the view that rakeback takers are driving up rake, and I have always been in the minority with that view.

HOWEVER, if I'm going to have that point of view, then it would be very very wrong of me to take rakeback.
The fact it IS against the written rules, even though it is not against the "actual" rules is a final factor in deciding that I would not be on the strongest of ground if I took it.

People who have PM'd me would probably almost all testify that my repsonse to "Should I get rake back" is almost always "Yes, but I don't want to know about it. Be aware that it's against the rules" or similar.
This is because I can seperate my own view from what is good for the individual.
This does not mean that I won't be happy if it all comes to an end, but it does mean that I wouldn't take part in helping to end it, other than by not taking part in the whole thing myself.

If it all ends (Which I doubt anyway), and it doesn't benefit internet poker within a few months, I expect more "I told you so's" than I've dished out myself by a factor of about 20.

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

MrGrob · #9 03-12-2005, 07:53 PM

I had asked about rakeback, but have decided not to do it as of last week. I just don't like the idea, and would rather see a lower rake, then some getting some back, while others don't. Even if everyone signed up...the hosters are still skimming off the top. That is just shaddy....

EDIT: Oh, and it is not like sites need help getting players anymore...so, if we get rid of rakeback, and lower the rake, even the players that were getting rake back would save. Maybe not as much...but it would be better for all.

Jim Kuhn · #10 03-12-2005, 08:55 PM

I am in the same boat as Lori. I have played alot of internet poker in the past five years without a single rake back. 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. It would be great if the rakeback money was returned to all players either via reduced rake or promotions.

Thank you,

Jim Kuhn
Catfish4u
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