Pokerstars Rake increase

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fundiver199

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In fairness they are just beginning to charge the 5% rake, which most other sites charge already. So I guess, its not completely unreasonable. But of course sad, that the one game type, where pokerstars was cheaper, is now seeing a rake increase.
 
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I think they have completely given up on their sportsbetting. I see the rake there has doubled in the last year and they no longer seem to offer any sportsbetting challenges, at least I don't get any here in canada. I just play one 25 cent spin and go every day to get the 50 cent power path ticket. I also do the free spin in the casino. I don't think I am helping them pay their bills.
 
Andyreas

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In fairness they are just beginning to charge the 5% rake, which most other sites charge already. So I guess, its not completely unreasonable. But of course sad, that the one game type, where PokerStars was cheaper, is now seeing a rake increase.
Looking at the table below, it's much more wide than that. Also many SnG types see increased rake.

But let's see if that makes them offer more Fifty/50 for EU/German players.🤣
 
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fundiver199

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Looking at the table below, it's much more wide than that. Also many SnG types see increased rake.
The link does not work for me, because I get redirected to the swedish page. By Googling "PokerStars rake changes" I can read the following and no more:

"PokerStars is changing the amount of rake paid in micro-stakes cash games, effective from April 2, 2024. In No Limit and Pot Limit cash games (excluding Omaha and Zoom), the rake percentage at stakes of: $0.01/$0.02 will increase from 3.5% to 5%."

If there are other rake changes, would it be possible for you to write them directly in this thread?
But let's see if that makes them offer more Fifty/50 for EU/German players.🤣
The Fifty/50 have become very reg infested, and my winrate in them has dropped significantly. If they are also going to raise the rake, that might be the final nail in the coffin. Unless of course Daniel Negreanu is right, that "more rake is better", because it magically makes the games much softer :ROFLMAO::ROFLMAO::ROFLMAO:
 
G0930

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After successfully dropping freerollers, they are now going after micro players 🥲
I think this is actually their plan to focus on highrollers only.
They realized they will never be able to compete with GG's numbers so they decided to go after the big money only
 
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fundiver199

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Sure, I'll attach a screenie. Hope that helps:
View attachment 357372
Thats brutal and will make most of these games close to unbeatable. Looks like I am going to have to change my game selection pretty soon :(
They realized they will never be able to compete with GG's numbers so they decided to go after the big money only
SnG volume above the $10 limit is very limited, so they make almost no money there anyway. And its not like, people are suddenly going to go "oh the rake went up, so now I better play $50 games instead of the $5 games, I used to play". To me it looks more like, they are trying to compensate for lower volume by raising their profit margin. Which is likely only going to lead to a further decrease in volume... :(
 
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Andyreas

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Thats brutal and will make most of these games close to unbeatable. Looks like I am going to have to change my game selection pretty soon :(
Yeah, some rake increases are crazy with doubling the rake or even more. 😵

Maybe they also want to take advantage of the largest room not offering regular SnGs? But not sure if that strategy will fly...
 
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fundiver199

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Yeah, some rake increases are crazy with doubling the rake or even more. 😵

Maybe they also want to take advantage of the largest room not offering regular SnGs? But not sure if that strategy will fly...
It seems like, they are also changing the limits, since a single rake often become a span of rakes. For Fifty/50 the rake for low stakes games is 4,6%, which is, what they charge for the $10 games. This now becomes 7-9%, which I guess must mean, there will now be more different limits, that are classified as low stakes? Its actually a little confusing, because today $5 is classified as low stakes, but in the table the current rake for $5 games is mentioned under "micro".

What I completely fail to understand is the logic in charging more rake for single table games than multi table games. If anything the rake should be lower for single table games, since the possible ROI is lower, and they are faster to play. It almost looks like, the multi table SnGs have one manager and the single table SnGs another, and they dont even talk to each other?

But anyways I guess, we will just need to wait and see, what the SnG lobby looks like after the change and then not play any overly raked games. Seems like the 18-mans and On Demand games might be the best offer going forward. Or we can play on other sites like partypoker or ACR Poker, which still have single table SnGs with a reasonable rake.
 
KrazyKoo

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After successfully dropping freerollers, they are now going after micro players 🥲
Not surprised

--

Wait a minute
A sec

Do they actually increase the rake in low hyper-turbo SNGs from 4.1% to over 8.0%? What the heck?

Okay I am a bit surprised of such DRASTIC level of change... they might be on the verge of buying 888Poker or GGPoker...?
Another theory is that Flutter is dying, but stock price seems to go up... but I have seen PaddyPower cutting too and less Fanduel ads on American TV
 
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pentazepam

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They are forcing beginners to skip 2NL by not only increasing the rake % per pot but also the cap. Really shitty move:


https://www.reddit.com/r/poker/comments/1bq97t8

I had a small amount of money left on PokerStars and was playing the lowest cash games (under 10NL) since some players just give money away.

But with no rakeback, no bonuses, no chests, no freerolls (no rewards allowed at all in sweden) I'm thinking of just quitting online poker (which did when it came to "serious" money almost ten years ago).

Earning like 100 dollars a month just isn't worth it. And it is not that online poker is the most fun you can have in life.

Fool me once shame on you. Fool me twice shame on me. Now they have screwed us like 25 times.
 
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fundiver199

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Whats most annoying about this is actually all the corporate bullshit. Like:

"PokerStars maintains that, even with this increase, its pricing remains “competitive in the industry.”"

In which world is a rake of up to 17% for single table SnGs "competitive", when a site like ACR never charges more than 9% for any of its SnGs?

“This decision is grounded in our commitment to maintain a healthy poker ecosystem while ensuring the sustainability and growth of our business.”

Which "growth" is he talking about? As everyone know, the volume on PokerStars peaked in 2010 and has absolutely tanked since. Even just during the last 6 years cash volume has been cut in half and SnG volume likely even more.

“The decision was not made lightly, but will help us continue to improve our offering, attract new players and bring former players back into the world of PokerStars.”

How on earth is higher prices going to attract new customers and bring old customers back? This has to be like the only business, where a manager can get away with making such bullshit statements. Just imagine the CEO of for instance a carmaker saying something similar. Everyone would shake their head in disbelief and ask, what kind of mushrooms, he had been eating :)

 
Andyreas

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Very well said, @fundiver199 .

Maybe they misread the calendar and thought it's already the 1st of April and it's only an April's fool? 🤣

But on a more serious note:
Guess they want to push players to games with more variance like MTTs where the rake does not change.
 
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fundiver199

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Do they actually increase the rake in low hyper-turbo SNGs from 4.1% to over 8.0%? What the heck?
Basically that will make this format unbeatable below the $50 limit. So the simple message is: dont play this format on PokerStars any more.
They are forcing beginners to skip 2NL by not only increasing the rake % per pot but also the cap.
I dont think, this forces anyone to skip 2NL, and most other sites also charge 5% rake for cash games across stakes. So as I said already, with cash games they are just bringing their prices in line with the competition. But for STT SnGs its a totally different story. There it really seems like, they want to force people to skip anything below $50 games, and obviously that is not going to happen.

What is more likely to happen, is, that regs will stop playing STT SnGs. Then the waiting times will go up, and then recreational players will stop as well. But it seems like, the rake for MTT SnGs will remain unchanged. Which begs the question, why anyone in their right mind would pay 12-14% rake to play a low stakes 6-man SnG, if they can play a similar 18-man SnG and pay only the current 7,8%? So my prediction is, that the 18-mans are going to be the most popular SnG format going forward.
But on a more serious note:
Guess they want to push players to games with more variance like MTTs where the rake does not change.
Or maybe more likely Spins? Spins and Zoom cash games are great rake machines for poker sites, because the action is so fast.
 
Suns of Beaches

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If pokerplayers would be an organized bunch (which they are clearly not), they could start a funny sidegame to troll stars back:

Everyone would just start to play the absolute minimum on the lowest stake possible in the fastest variant possible to trigger the pp chest. Nothing more.

Soon they would be like: "whoops, what in all world going on here 😳? Looks like they are robbing us😲"

A reversed rake increase 😉
 
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acidburnfx

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"Flutter racks up $1.21bn net loss for FY2023 despite strong FanDuel gains"

"Flutter Entertainment given CMA go-ahead for The Stars Group acquisition"

"Flutter Entertainment management has claimed the full transfer of PokerStars to the International arm of the business will better serve the group's "local hero" approach."

It appears that the expectation is that the agreement will be finalized still this year.

greed-greedy.gif
 
Liedust

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I honestly don't understand what they're trying to do...
 
Like2Play2

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Geez I didn't try GG Poker yet, but I only play online Poker.
PokerStars to me is the best.
 
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fundiver199

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If pokerplayers would be an organized bunch (which they are clearly not), they could start a funny sidegame to troll stars back:

Everyone would just start to play the absolute minimum on the lowest stake possible in the fastest variant possible to trigger the pp chest. Nothing more.

Soon they would be like: "whoops, what in all world going on here 😳? Looks like they are robbing us😲"

A reversed rake increase 😉
In their blog post they actually mention, that the majority of their microstakes cash game players rake less than $0.50 per day and therefore get more back from the pp chests, than they pay. So apparently quite a few people already do this. But it sort of misses the point, because those of us, who actually come to play rather than for the chests, tend to pay way more than $0.50 per day in rake.

Today for instance I have paid around $30 to PokerStars in rake playing $5-10 SnGs. And I am the one getting the brunt of the rake increase, not the people who only log on to play a few cash game hands. But whatever. Any company can set its prices, as they wish, and then its up to us customers to make informed decisions. And there is no way I am going to regularly be playing turbo SnGs with 12% rake or hypers with 8% rake. So I will just change to other games and/or other sites.
 
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