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  #21  
Old 10-12-2005, 10:41 AM
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Default Re: PSA: The upcoming Party decision

why would party want to offer an internal player rewards program. Thats just stupid. Then EVERYBODY is going to get something back, whereas right now only the people who know about rakeback get something back. Even people with rakeback dont hurt partys bottom line tho, because party gives the money to the affiliate, if the affiliate gives it to some player, it changes partys profit by exactly zero
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  #22  
Old 10-12-2005, 10:48 AM
daveymck daveymck is offline
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Join Date: Nov 2003
Posts: 388
Default Re: PSA: The upcoming Party decision

[ QUOTE ]
why would party want to offer an internal player rewards program. Thats just stupid. Then EVERYBODY is going to get something back, whereas right now only the people who know about rakeback get something back. Even people with rakeback dont hurt partys bottom line tho, because party gives the money to the affiliate, if the affiliate gives it to some player, it changes partys profit by exactly zero

[/ QUOTE ]

Its not so stupid if you reduce the percentage the affiliates get.
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  #23  
Old 10-12-2005, 10:51 AM
stoxtrader stoxtrader is offline
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Join Date: Sep 2003
Posts: 219
Default Re: PSA: The upcoming Party decision

[ QUOTE ]
why would party want to offer an internal player rewards program. Thats just stupid. Then EVERYBODY is going to get something back, whereas right now only the people who know about rakeback get something back. Even people with rakeback dont hurt partys bottom line tho, because party gives the money to the affiliate, if the affiliate gives it to some player, it changes partys profit by exactly zero

[/ QUOTE ]

a logical way to do this would be to offer it to high volume players only and define what high volume means. it's doubtful you alienate the casual player this way, and you may even induce a few to try and become high volume.
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  #24  
Old 10-12-2005, 11:01 AM
daveymck daveymck is offline
Senior Member
 
Join Date: Nov 2003
Posts: 388
Default Re: PSA: The upcoming Party decision

[ QUOTE ]
[ QUOTE ]
why would party want to offer an internal player rewards program. Thats just stupid. Then EVERYBODY is going to get something back, whereas right now only the people who know about rakeback get something back. Even people with rakeback dont hurt partys bottom line tho, because party gives the money to the affiliate, if the affiliate gives it to some player, it changes partys profit by exactly zero

[/ QUOTE ]

a logical way to do this would be to offer it to high volume players only and define what high volume means. it's doubtful you alienate the casual player this way, and you may even induce a few to try and become high volume.

[/ QUOTE ]

Even doing that though doesnt solve the issue, those players would take the party rewards and also get rakeback from their affiliate, I guess they would deduct this from the mgr like bonuses as well, but there is no reason why they wouldnt do this playerwide its a nice marketing and retention tool as well.

My feeling is we will see an extension of the player points system with the unlockable bonus being based on your previous months play.
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  #25  
Old 10-12-2005, 11:18 AM
iMcompliKted iMcompliKted is offline
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Join Date: Mar 2005
Posts: 3
Default Re: PSA: The upcoming Party decision

Sox, that just makes WAY too much sense.

That decision would mean they retain their current non-rakeback players and lure back many rakeback players at lesser percentages than they made on the skins. Also, any bonuses would come off the total rake figure so this wouldn't affect their bottom line either.

If the people making the decisions at Party actually knew anything about poker and poker players they would have had this system in place already.
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  #26  
Old 10-12-2005, 12:16 PM
BigBrother BigBrother is offline
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Join Date: Apr 2005
Location: BigBrother is watching...
Posts: 18
Default Re: PSA: The upcoming Party decision

[ QUOTE ]

That decision would mean they retain their current non-rakeback players and lure back many rakeback players at lesser percentages than they made on the skins. Also, any bonuses would come off the total rake figure so this wouldn't affect their bottom line either.

If the people making the decisions at Party actually knew anything about poker and poker players they would have had this system in place already.

[/ QUOTE ]

UMMM...you mean like this?

Dear High-volume Player:

At PartyPoker.com we've got the best ever Party Points offer yet for you.

Pile up the points - collect the cash!
>From Wednesday, October 5 through Monday, October 31, 2005, you can earn 9235 Regular Party Points and receive 755 dollars in cash! You won’t have to sweat it out as this is less play than what you have done before at PartyPoker.com.

We'll automatically deposit the money in your PartyPoker.com account by November 4th if you have met your target. Log in now and start earning those Party Points!
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  #27  
Old 10-12-2005, 12:30 PM
iMcompliKted iMcompliKted is offline
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Join Date: Mar 2005
Posts: 3
Default Re: PSA: The upcoming Party decision

I don't think that offer works out anywhere near 25% rakeback. How much rake do you have to pay to earn 9,235 Party Points?
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  #28  
Old 10-12-2005, 12:48 PM
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Posts: n/a
Default Re: PSA: The upcoming Party decision

[ QUOTE ]
Just to be clear

Party will never openly endorse rakeback and i would not submit your details to your affiliate.

As most seem to know, something is cooking and will be anounced along the lines of an internal rewards system.

This whole "You need to sign up now to get deal" stuff is rubbish.

No affiliate has struck any deal with Party at all. We havent and have never pertained to. Now afiliate is being threatened with having their accounts frozen for signing people up.

Worse still some affiliates have been scammed into joining other affiliates who have told them about a super-deal they have secured. These are all lies too. Genius...but lies!

As of today we are advising anybody wanting to sign up with Party to wait. There is no point in signing up with anyone (not even us) until a decision has been made and released in to the public domain. Most of you have waited ages to get some sort of rebate from Party and so waiting a bit longer will not harm you.

People who have signed up in the last few days should not panic. Party aren't stupid. They'll be aware of this and make sure they sort something out. After all they wanted you back...they've got you...they dont want to lose you again. You are just like the few thousand existing dormant account holders who left for pastures green some time ago, they are working on this too.

Regards

RTR

[/ QUOTE ]

i'm new to all this, so forgive me if i'm out of line, but if what you say above is true, why is there a link advertising 22+% rakeback from partypoker on raketherake?
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  #29  
Old 10-12-2005, 01:11 PM
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Posts: n/a
Default Re: PSA: The upcoming Party decision

[ QUOTE ]
why would party want to offer an internal player rewards program. Thats just stupid. Then EVERYBODY is going to get something back, whereas right now only the people who know about rakeback get something back. Even people with rakeback dont hurt partys bottom line tho, because party gives the money to the affiliate, if the affiliate gives it to some player, it changes partys profit by exactly zero

[/ QUOTE ]

Yeah, not EVERYBODY is entitled to a share of MGR, only us whining little babies because we are better than the rest of those lowly fishes.
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  #30  
Old 10-12-2005, 01:21 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Posts: 704
Default Re: PSA: The upcoming Party decision

[ QUOTE ]
why is there a link advertising 22+% rakeback from partypoker on raketherake?

[/ QUOTE ]

If you had clicked the link you would have read this...

[ QUOTE ]
As is common news in the forums, a decision is expected from Party
poker regarding a new internal loyalty scheme they are introducing
to replace rakeback. How this system will work and when it will be
implemented, we do not know. We would recommend that all
players looking to open an account wait for the announcement
before creating a new account with us or any other affiliate.


[/ QUOTE ]

Which is basically what Jess said in her post here!
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