Mass Sitout Scheduled For Nov. 5th @ Pstars!!

S3mper

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It's not as bad as I originally thought since they are still the cheapest. They need competition though so they can force each other to go cheaper and cheaper, unless they all get together and price fix (Ik that's illegal in the US idk about poker...

I think the biggest thing about this is they are raising the price when to us it seems like they don't need too, the business has been extremely successful at the rake it was at so when they raise the price it doesn't seem like they do it to cover overhead costs. It seems like they are doing it to gain more pure profits and that pure profits are coming from us.

I also think it would be better if Amaya came out and said what there plans for pokerstars will be. Do they plan on upping the price till they get competition or what?

New management all of a sudden raising prices it makes people mad and nervous when we don't know much
 
dj11

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I hereby vow Pokerstars will not get a penny of rake from me on Nov. 5.

:eek:
 
suit2please

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I think the biggest thing about this is they are raising the price when to us it seems like they don't need too, the business has been extremely successful at the rake it was at so when they raise the price it doesn't seem like they do it to cover overhead costs. It seems like they are doing it to gain more pure profits and that pure profits are coming from us.

Their profits are down by whatever percentage they are being charged for their loans, etc to buy Rational. Figures Ive read around are putting profit per year around the $500 million, though I don't know where these figures came from. The loans were something like 4+ billion. At say 5% interest on that 4 billion, simple math says they are paying 200 million in interest fees per year, if its compounded monthly a bit more.

Now I have no idea why they'd want to increase rake...

I agree with DJ, Pokerstars won't get a penny from me on the 5th, and I won't even log in...
 
Zorba

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I hereby vow Pokerstars will not get a penny of rake from me on Nov. 5.

:eek:

I'll play twice as much to cover what they miss out from you dj. :p




@ the OP have you considered that the 55 people in the poll may have been back to look at the results 40000 times. :icon_joke



.
 
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losties

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I'm not surprised either, this is a common trait among large corporations. They think that just bcoz they have a large population doesn't mean that they just get greedy, we play on these sites bcoz of the opportunities they provide us with their advance platforms. If that's taken away then people will get turned off and start Looking else where. poker stars has lost their heritage, stars have done well in the pass and can continue to do well without much changes.
 
Daniel72

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There are different interests and goals of these groups

- Operators (and also live vs. online)
- Winning players
- Losing and average players (majority)
 
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nygmen2007

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I wish ultimate bet and poker stars were back for US, but I am not a fan of the this higher rake, because they are punishing people, for a fun game. If the United States did this, they could make money off of us and then poker would be legalized. It is a sad state that this poker world is coming to.
 
dj11

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There is the possibility that Amaya wants some fresh figures that they can present to governments to show where there might be margins to share with the governments. And all governments want a piece of the pie, one way or another.
 
A2345Razz

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There are different interests and goals of these groups

- Operators (and also live vs. online) Yes
- Winning players Yes
- Losing and average players (majority)
???

What are "average players"....i'm guessing people who lose money slowly and want to be winning players??

Ya, they would have entirely different interests than people who just deposit and fire off in a weekend.

I completely agree these groups have differing interests, and often times their interests don't coincide; unfortunately the current regime at Amayastars is making changes that will NEGATIVELY affect all the listed groups to varying degrees.

The idea that rake doesn't affect anyone but professional grinders is as dangerous as it is specious....it just isn't true.

BoP being done away with is a different matter, and I am on record saying I would actually be in favor of doing away with/downsizing promos like this aimed at mostly high volume players IF the resources were diverted to help marginal/smaller volume regs and helped enhance their experience/value.

Lol at people quoting the number 55....not sure what that even means....
 
wagon596

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I'll boycott their real money games, wait a minute, I don't have that choice. I'm scheduled to play tomorrow in the CC League game,,, I'll be there.
 
suit2please

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Lol at people quoting the number 55....not sure what that even means....
I think someone read the poll wrong way back in this thread.... Not going to name names. Last I looked it was more than 3x as many people said they weren't going to play on pokerstars compared to those that would. About 210+ saying No they wouldnt play and 70 saying they would. Though the polls question like most Polls was unnecessarily confusing.

* Question for you Razz. I understand that rake increases are 'bad' but if Pokerstars is still the cheapest overall what is your point?

It shouldve been obvious to anyone that a company buying Rational with credit would pretty much need to raise their profits. Only way to increase income for a poker site is to raise traffic (not really that easy without the US) or to increase fees. If they are cheaper in everyway then every competitor nothing is stopping them from raising rates. My previous example used 5% just to make numbers simple, but say they were paying 0 interest on their debt. Even at the current estimated ~490 million or so it would take them 10 yrs to pay off their purchase. In those 10 yrs so many things can change, from traffic to regulations. Besides the fact that I highly doubt there is many other firms out there that would pay them $5 billion at the moment.

Just because they paid $5 billion for Rational, doesn't mean its worth it. Its not gold there is no market price, just estimates.

* They can also lower costs which by getting rid of Pros and BoP, hrm. Seems like they are doing whats normal.
 
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Debi

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I think someone read the poll wrong way back in this thread.... Not going to name names. Last I looked it was more than 3x as many people said they weren't going to play on pokerstars compared to those that would. About 210+ saying No they wouldnt play and 70 saying they would. Though the polls question like most Polls was unnecessarily confusing.

Yes you are right - it was strangely worded and I read it wrong. (though my point was still valid even if I had used the correct number).
 
suit2please

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Yes you are right - it was strangely worded and I read it wrong. (though my point was still valid even if I had used the correct number).

Yes the number doesn't matter. After reading through both linked threads, the majority of 'thinking' people say 3 things.

1. Don't Sit Out, it'll only lead to bans
2. Not Enough Time, to get enough people on the band wagon.
3. Pokerstars is still the Cheapest.

I still don't really get the reasoning behind the protest besides the 'ZOMG rate increase, No Way'
 
S3mper

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I was thinking about it and why didn't any one organize anything when Carbon Poker took away the VIP program?

Then they put up withdraw fee's
 
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i think they will lose many players. seems obvious that people would mo0ve on to another site that offers lower rake
 
duggs

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no one offers lower rake, thats the thing. This was going to be a problem after black friday, since them buying tilt didn't really change anything as that brand was dead without stars cleaning it.
 
the lab man

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Stars can do what they want. They are the largest site By FAR amongst all poker sites. Counting their Euro sites, they have more players combined than all other combined.
If I had a monoply like this I too would increasing my rake.Where are these players going, who cares where they go, theres very little places to go.

If I owned Stars I would make this almost the highest rake place to play poker. It's still the safest,best support, best and easiest place to play for grinders high rollers and rec players

Are they concerned about USA players, Not now, not in the near future and the way the America's senate is going not in the semi far future.

Do I think a one day sit out of stars will work. Not a chance. Wont affect where the majority of players play.

Here's a link to todays traffic on all sites, dont forget to add up all the poker stars sites
 
Lheticus

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I just want to say to the thread starter, dood, I sympathize with you, I really do. In fact, I empathize with you, as clearly you're righteously incensed about this, and that is a feel I know all too well. But in terms of "F1GHT DA P0WAH", I have to agree with the majority saying this is an ineffective, probably even counterproductive way to go about it. The underlying attributes of society at large, of which the instance that has you incensed is frankly only symptomatic of, are rooted far too well for something like this to even treat the symptom, much less the cause unless it goes viral, which evidently it hasn't.

F1GHT1NG DA P0WAH properly is a darned tricky business, m8. I'm sorry things aren't working out with the effort you're championing here.
 
A2345Razz

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I just want to say to the thread starter, dood, I sympathize with you, I really do. In fact, I empathize with you, as clearly you're righteously incensed about this, and that is a feel I know all too well. But in terms of "F1GHT DA P0WAH", I have to agree with the majority saying this is an ineffective, probably even counterproductive way to go about it. The underlying attributes of society at large, of which the instance that has you incensed is frankly only symptomatic of, are rooted far too well for something like this to even treat the symptom, much less the cause unless it goes viral, which evidently it hasn't.

F1GHT1NG DA P0WAH properly is a darned tricky business, m8. I'm sorry things aren't working out with the effort you're championing here.

Really, we had #Amayastars trending on twitter,and this thread was on top of this forum all day yesterday without me bumping it.

That's all I was seeking to do; thanks to everyone who helped!!!

Firstly we need the community to know about the changes; that is the first step of any movement....

As far as Stars being the "cheapest" place to play poker, this isn't true strictly speaking as SCW is much cheaper. Also, the value a site offers has more facets than simply the level of the rake. Considering rake levels without rakeback/givebacks available to the playing public is like looking at MSRP on a car-completely useless. Furthermore, it is acknowledged that the competition levels at Stars is higher than at smaller mostly Euro facing sites and has been for some time now. Therefore, to the consumer to experience equal value there needs to be economy of scale that work to offer lower rake or higher amounts of value in other areas like promos/guarantees (which they do to their credit) and other elements that provide value.

This isn't a movement just against these most recent steps; I personally would be happy as a clam in a shell IF Amayastars stopped here and maybe made some logical movement to shift promos towards providing more value to beginning players and away from huge volume grinders (steps a lot of people at 2p2 the so-called "pros" would be hugely against) and vowed no more changes for awhile to see how things were going. The issue isn't JUST the changes in question, it is more a change in orientation that seems to possibly have occurred at Amayastars, one away from poker as a skill game with winners and losers and an equilibrium that has to be found and more towards poker being just another gambling game where all the money can/should eventually be absorbed by the gaming provider.

I am against this idea. I would hope others are likewise against this, but perhaps I was hasty in assuming most poker players would like there to be a possibility of profit in the long run....who knows.

The most important thing is we as a community are talking and watching and conscious of Amayastars' changes to the structure of poker on what I would agree is a de facto poker provider in most of the world at this point. That is something I am very glad to see even if a lot of people on this particular forum seem a bit myopic in their view of the changes from my point of view.

I would also add that people seem to have a short memory when it comes to the poker industry, and maybe that is a function of turnover within the community. When I was coming up (2004/2005) there were several dominant players in the market that simply do not exist anymore- UB/AP, Paradise, Planet Poker..etc. Also, the top site back then , partypoker, rose and at one point had a relatively huge market cap at one point before falling again based on inferior product design, software, and bad strategic decision making. Those who think Amayastars has a stranglehold in perpetuity on the non-Usa market have not learned the lessons of history; in this constantly evolving market with comparative information available about each provider we can expect lots of changes some easily seen and other not so easily foreseen.





Thank you for thinking about the issue,


Zach
 
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jazzaxe

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online poker is only getting worse for all players. I need to hear some good news for a change, but it does not seem to want to happen.
 
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