Check out our brand new Local Poker Communities! Get updates and interact with poker players in your area.
Visit the United States Poker Community | Visit the California Poker Community | Read more about the Launch of P5s Local

Petition on reduced rake

Reply to Thread
  1. rubbersoul rubbersoul is offline

    Richmond Hill, NY
    United States

    Posts: 34
    Joined: Oct 07

    Dec 14th, 2007 (12/14/2007 3:20pm)

    Last night, FTP went down (as we all know).

    They have a formula to compensate.

    Naturally the rake isn't included.

    On December 16th, Poker stars is offering a $5,000+$200.

    Why is the rake so high? Answer: Because they can!

    The concept of rake originated in poker rooms out West. The higher the game the higher the rake, because if a dealer made a mistake, the house compensated. There is a "human" element.

    Online there is no dealer error.

    They charge us higher rakes in tournaments as the buy-in goes up because they can. And none of us do anything about it.

    They'll argue they give you more FPP. But even with the goods they offer you for the points they rape you.

    Give us a break .

    Lower the rake.

    Signed.
     
  2. doubledave22 doubledave22 is offline

    NJ
    United States

    Posts: 4,719
    Joined: Jan 06

    Dec 14th, 2007 (12/14/2007 3:23pm) in reply to rubbersoul

    well people who can afford 5000$ buyins can afford to pay the 200$ fee for playing them. Just like people who play 5$ buyins can afford 50 cent fees for playing them. They put these on here because they can. I can see if they upped the rake people would be upset because it would seem like they were taking advantage of us, but they have been pretty consistent imo. Hundreds of thousands play with the rake and it makes them tons of money so why would they stop.
     1
  3. gymrat56 gymrat56 is offline

    Western Springs, IL
    United States

    Posts: 576
    Joined: Oct 06

    Dec 14th, 2007 (12/14/2007 3:23pm) in reply to rubbersoul

    Cosign, but it'll never happen.
  4. RichardHurtz RichardHurtz is offline

    Russian Federation

    Posts: 3,376
    Joined: May 07

    Dec 14th, 2007 (12/14/2007 3:26pm) in reply to rubbersoul

    Ok they obviously get enough people to play at the current rake rate or else they would lower the rake to attract more customers. Your petition is a waste of time and energy.
  5. rubbersoul rubbersoul is offline

    Richmond Hill, NY
    United States

    Posts: 34
    Joined: Oct 07

    Dec 14th, 2007 (12/14/2007 3:40pm) in reply to RichardHurtz

    Sounds like you're agreeing with them.
    So I guess it's OK to have no voice.
    Stand tall and do something instead of just accepting what they feed you.
     
    Thread Starter
  6. computerb computerb is offline

    Nashville, TN
    United States

    Posts: 10,169
    Joined: Mar 06

    Dec 14th, 2007 (12/14/2007 3:46pm) in reply to rubbersoul

    Prolatariats of the world unite.
  7. rubbersoul rubbersoul is offline

    Richmond Hill, NY
    United States

    Posts: 34
    Joined: Oct 07

    Dec 14th, 2007 (12/14/2007 3:47pm) in reply to gymrat56

    If many more people like yourself cosigned we might get somewhere.

    I'll write to them that we mean business.

    They know who I am.
     
    Thread Starter
  8. ekim223 ekim223 is offline

    Appleton, WI
    United States

    Posts: 755
    Joined: Oct 06

    Dec 14th, 2007 (12/14/2007 3:48pm) in reply to rubbersoul

    Cosigned, but GTFO. They are in the business to make money too. I don't get why you people think you can tell a business how to run their business.
  9. leoslayer leoslayer is offline

    Raleigh, NC
    United States

    Posts: 622
    Joined: Nov 07

    Dec 14th, 2007 (12/14/2007 3:50pm) in reply to rubbersoul

    thats still 5% at the lower buy ins where broke pepl play they charge sometimes 20%. it should never be more than 10%.just a rant from a guy thats getting his roi chewed up by rake.
  10. rubbersoul rubbersoul is offline

    Richmond Hill, NY
    United States

    Posts: 34
    Joined: Oct 07

    Dec 14th, 2007 (12/14/2007 3:52pm) in reply to doubledave22

    Just because people can afford it, does not make a difference.

    But letting them get away with it does.
     
    Thread Starter
  11. rubbersoul rubbersoul is offline

    Richmond Hill, NY
    United States

    Posts: 34
    Joined: Oct 07

    Dec 14th, 2007 (12/14/2007 3:53pm) in reply to leoslayer

    TY. This is a great perspective.
     
    Thread Starter
  12. TMLMS13 TMLMS13 is offline

    Waterloo
    Canada

    Posts: 15,986
    Joined: Dec 05

    Dec 14th, 2007 (12/14/2007 3:56pm) in reply to leoslayer

    if $5000+200 was within my bankroll I'd much rather play that, than the $1+.20 that stars has. 20% rake on the micro people, now thats insane. reduce the rake on the micro's not the ballers.

    and stars or ftp will never lower the rake, it just doesnt make sense for them.

    FTP does have the right idea in their high stakes cash games (with their pro's)

    Ziigmund shows [2s 2d As 5c]
    Phil Ivey shows [9c 5d Ad Kh]
    Uncalled bet of $31,988.50 returned to Ziigmund
    *** RIVER *** [9h 9d 2h 2c] [4h]
    Ziigmund shows four of a kind, Twos
    Phil Ivey shows three of a kind, Nines
    Ziigmund wins the pot ($321,982.50) with four of a kind, Twos
    Phil Ivey is sitting out
    *** SUMMARY ***
    Total pot $321,983 | Rake $0.50
  13. rubbersoul rubbersoul is offline

    Richmond Hill, NY
    United States

    Posts: 34
    Joined: Oct 07

    Dec 14th, 2007 (12/14/2007 3:57pm) in reply to ekim223

    If you paid $200 in rake and then their server went down but your $200 was eaten by them, would you still not have an opinion about their business practices?
     
    Thread Starter
  14. vesperka vesperka is offline

    Granby, CT
    United States

    Posts: 334
    Joined: Jul 07

    Dec 14th, 2007 (12/14/2007 4:01pm) in reply to TMLMS13

    Exactly. I doubt they are losing a significant amount of business to players who don't play simply because the rake is too high. It would be a horrible business move for them to lower it at all, and in fact they could probably raise the rake a little and I'm sure tons of people would still play.

    Not saying I wouldn't like a reduced rake, but it definitely won't happen.
  15. ImSoMucked ImSoMucked is offline

    MD
    United States

    Posts: 1,607
    Joined: Sep 07

    Dec 14th, 2007 (12/14/2007 4:08pm) in reply to rubbersoul

    im pretty sure FTP returns the rake......
  16. time4badbeat time4badbeat is offline

    WI
    United States

    Posts: 4,550
    Joined: Nov 06

    Dec 14th, 2007 (12/14/2007 7:47pm) in reply to rubbersoul

    Maybe the rake should just be formulated based upon the resources needed to run a particular game/tournament. Then micro grinders would really get raped.

    I would love to see the rake reduced, because I can only imagine how cheap it probably is to run lets say a SNG, but in all reality I'll gladly pay the rake online if I can forgo the rake/tips that you incur when playing live.

    NOW THAT IS A RIDICULOUS RAKE!
     
  17. AngryJerk AngryJerk is offline

    Bamenda
    Cameroon

    Posts: 1,083
    Joined: Apr 06

    Dec 14th, 2007 (12/14/2007 8:00pm) in reply to rubbersoul

    lol at this stupid thread
  18. jalman1 jalman1 is offline

    Posts: 6,451
    Joined: Jun 06

    Dec 14th, 2007 (12/14/2007 8:05pm) in reply to AngryJerk

    cosign
    107 3
  19. RichardHurtz RichardHurtz is offline

    Russian Federation

    Posts: 3,376
    Joined: May 07

    Dec 14th, 2007 (12/14/2007 8:14pm) in reply to rubbersoul

    "If you paid $200 in rake and then their server went down but your $200 was eaten by them, would you still not have an opinion about their business practices?"

    Lowering the rake will not solve the problem, they will just eat your lowered rake. Try a different approach if thats your problem.
  20. sketchy1 sketchy1 is offline Dangerzone

    Posts: 9,597
    Joined: Apr 05

    Dec 14th, 2007 (12/14/2007 8:15pm) in reply to rubbersoul

      

    sketchy1 is an instructor at PocketFives Training . To get more of his advice and to watch his training videos, click here.

Reply to Thread