ipoker now officially off limits for winning players

mdwexford

Hmm hadnt thought about that, will this mean the end of the iPoker short stackers??

If so its fcukin party time.

Grafter

Treehouse72 wrote: »

:

1. I presume skins will be adjusting their points systems to accomodate the rake change?

Paddy Power already changed theirs at the start of this month.

The Snapper

RunningMan1981 wrote: »

I was thinking that the "results" would be that certain skin's profit margins would be reduced but not detrimental. I mean more players, winning or otherwise means more rake surely?
Or is it that simply more winning players mean they suck all the money(withdraw) out of the network till its dry?

I'm just wondering is all about greed/profit margins for skins or does it really endanger the network(rakeback deals and winning players)?

If a site becomes over populated with good winning players it becomes less lucrative for the winning players and more punitive for the fish and ultimately both types will leave for the many greener pastures on offer.

ianmc38

BigCityBanker wrote: »

where did you get that email from? I was in Tel Aviv all week tweaking and reforming this new policy in conjunction with iPoker and other licencees.

if that alone is the content of the email then it is highly misleading and even more funnily though it seems that the card room have deliberately misrepresented or else totally misuderstood the outcome of the discussion - I guess it can only be from one of two rooms though.

Out of interest what part of the email is misleading? I had my account shut this morning too. There was a bit more on the email about how I could play small stakes and MTTs.

Also, regarding Entraction can you go into more detail? It's a pretty strong rumor to start spreading especially given the fact that your privy to certain information being so closely involved with an Ipoker skin.

I understand the new network policy without knowing the exact ratios that are in use this time. I have the old pdf from Playtech regarding ratios. Will be interesting to see how they integrate this new winning:losing player formula into the algorithm.

ianmc38

colquhom wrote: »

i presume that since VC is an international bookmaker that although they may be kicked off i assume my funds are safe there ye? should i be worried?

Any funds would be completely safe. They're about as safe as funds get anywhere in online poker.

ianmc38

BigCityBanker wrote: »

10 tabling, full ring, who plays something like 6/1 or similar

any 'normal' 6 max player shouldnt see a whole load of change.

Normal 6 max players will see an extremely significant cut in the amount they rake. I'm pretty sure there isn't one winning 6max or 9max player who would make more from contributed.

This can only be a good thing as it's sure to get rid of a lot of shortstackers and rb nits

Grafter

ianmc38 wrote: »

Also, regarding Entraction can you go into more detail?

If BCB's doing a well, I'd also be curious about

Boss will be gone within 2 years

suilen

colquhom wrote: »

i presume that since VC is an international bookmaker that although they may be kicked off i assume my funds are safe there ye? should i be worried?

I was kicked off over a month ago, my funds were transfered out fine, without any problems.

RunningMan1981

mdwexford wrote: »

Hmm hadnt thought about that, will this mean the end of the iPoker short stackers??

If so its fcukin party time.

Absolutely.

RunningMan1981

Well I wasn't kicked off so I must be the perfect Ipoker player . Anyhow it's my bonus deal that keeps me playing poker for the month lol. My poker strategy is to receive bonus day 1, then play consevative poker and build mini roll for 3 weeks, blow it all in 2 day marathon splurge, then have few days break, reload with some of my own cash, blow that too and then wait for bonus, get bonus, repeat cycle...

(My 100k, 2010 profit plan is out the window now, don't want to be kicked off the skin !)

BigCityBanker

Treehouse72 wrote: »

1. I presume skins will be adjusting their points systems to accomodate the rake change? This will be important because it would be good for the games if loose recreational players get a bankroll boost through their standard iPoints deal with, say, Titan or PP.

2. How will the skins manage their winner/loser mix to sustain an acceptable ratio? Do they restrict a handful of big winners in the higher stakes games? Or, do they restrict a bunch of the smaller stakes grinders who are destroying the fish pool down there? If they need to fix a ratio problem in a hurry, it would be the former surely. Or, I wonder if they'll do it by shaving off the top winners at each stake to remove the problem of the winners moving up? Dunno, a slight worry.

3. I think the possibility of existing deals being revoked is extremely high. Sadly, I am anticipating an email along these lines from my (reputable) skin any day now. Cutting existing deals is the same as improving your winner/loser ratio.

4. Tell us about the promised Winter software update! We need some software update porn! Titillate me.

1. Yes
2. they acquire organicly
3. no idea
4. Its not far away, the PPP skin is currently in production and I have been playing on rezizeable tables in test mode for a couple of weeks now.

Grafter wrote: »

Paddy Power already changed theirs at the start of this month.

we will be changing it again on Jan 2nd.

ianmc38 wrote: »

Out of interest what part of the email is misleading? I had my account shut this morning too. There was a bit more on the email about how I could play small stakes and MTTs.

Also, regarding Entraction can you go into more detail? It's a pretty strong rumor to start spreading especially given the fact that your privy to certain information being so closely involved with an Ipoker skin.

I understand the new network policy without knowing the exact ratios that are in use this time. I have the old pdf from Playtech regarding ratios. Will be interesting to see how they integrate this new winning:losing player formula into the algorithm.

1. They are basically taking a little from section A, a little from section B and mixing them up to make C as it suits their MO. There are 2 aspects of this new policy which exist independently and the mail in the OP has wrongfully put them together.

2. I am not really starting a rumor. All I am privy to is an intimite understanding of both the new Network Policy and VC's business model and I know that they dont mix. It is public knowledge (on 2+2 at least) that VC's relationship with iPoker is tenuous at best. I know that given VC's current business model that they can not continue to exist in the iPoker network as the penalties enforced upon them will basically reduce their bottom line to 0 or negative. Ergo they have 2 routes open to them 1. correct their current business model or 2. move house - given that they already have a skin on entraction I think (im guessing) that this is their most likely destination.

Grafter wrote: »

If BCB's doing a well, I'd also be curious about

betclick have just acquired Everest, that means almost certainly that 2 large skins of boss are making their way to Everest pretty shortly - the loss of this liquidity coupled with the fact that Boss are not an attractive B2B proposition leads me to believe that it wont be long before they follow the Crypto model i.e. close.. This also means that Everest are set to become a pretty big independent power. They will be the next Stars/Full Tilt albeit a European version.

ianmc38 wrote:

Normal 6 max players will see an extremely significant cut in the amount they rake. I'm pretty sure there isn't one winning 6max or 9max player who would make more from contributed.

not really - they will be getting a bigger slice of rake more often than the nitRBwhoore - I expect that the 'normal' 6 max player will see no negative effect they should be close to neutral in this change. The 60/40 guys will clean up

fatguy

betclick have just acquired Everest, that means almost certainly that 2 large skins of boss are making their way to Everest pretty shortly - the loss of this liquidity coupled with the fact that Boss are not an attractive B2B proposition leads me to believe that it wont be long before they follow the Crypto model i.e. close.. This also means that Everest are set to become a pretty big independent power. They will be the next Stars/Full Tilt albeit a European version.

Iiiiinteresting.

TommyGunne

Ugh. This all looks horrible for entraction. Sigh. Cue the influx of shorties and regs from VC and other sites like we saw with the moving of NOIQ. I'd be pretty happy if they just left iPoker as the reg/nit/shortie fest that it is now.

MegaSin

As a player playing the micro stakes with MMT's and the .2/.4 lv cash games any idea how this will effect me. I thought the only way to get the rakeback on PPP was the points they give you.

Ps new to online poker:o

ianmc38

Cheers Noel. FWIW I'd be shocked if they decided to leave the network for Entraction.

RunningMan1981

TommyGunne wrote: »

Ugh. This all looks horrible for entraction. Sigh. Cue the influx of shorties and regs from VC and other sites like we saw with the moving of NOIQ. I'd be pretty happy if they just left iPoker as the reg/nit/shortie fest that it is now.

Hi Tommy, I take it that you maybe play on entraction/noiq, correct me if wrong . Can you give me your thoughts on entraction comparing it to ipoker etc. I used to play on Noiq (for the rake back deal was great at the time), but I found entraction a bit limited for game selection etc.. Has it changed much/improved ? I would seriously consider staying with VC if they had to change to entraction ( and maybe turn my game around into a winnning player )

ianmc38

FWIW I spoke with the poker manager at VC and he said they have absolutely no intention of moving to Entraction nor are they in any danger of being booted off the network. The only thing they need to do is cut down on their shark:fish ratio to be in line with network regulations.

Blip

DrJFF wrote: »

CHD usually says this seems he hasn't yet i will do it for him

Ipoker must die!

Trap #18, same page

TommyGunne

RunningMan1981 wrote: »

Hi Tommy, I take it that you maybe play on entraction/noiq, correct me if wrong . Can you give me your thoughts on entraction comparing it to ipoker etc. I used to play on Noiq (for the rake back deal was great at the time), but I found entraction a bit limited for game selection etc.. Has it changed much/improved ? I would seriously consider staying with VC if they had to change to entraction ( and maybe turn my game around into a winnning player )

Pros
Regs aren't as good
Still can get OK RB
Not as many shorties
Tourney's very soft

Cons
Software isn't as good
Bigger ratio of regs to fish
Limited number of games running at 2/4 and above, and if you play at awkward times even 1/2 can sometimes have a shortage of games
Tourneys don't get big fields

I'm sure there are more, but those are just the ones off the top of my head.

The Snapper

BigCityBanker wrote: »

where did you get that email from? I was in Tel Aviv all week tweaking and reforming this new policy in conjunction with iPoker and other licencees.

if that alone is the content of the email then it is highly misleading and even more funnily though it seems that the card room have deliberately misrepresented or else totally misuderstood the outcome of the discussion - I guess it can only be from one of two rooms though.

Does this accurately represent the ipoker policy?>

Hi All,

For what it is worth to you I have been following this thread and asked a poker manager from Victor Chandler exactly what the situation was with the account restrictions. Below is their response. Hope it helps to shed some light.

The truth of the matter is that we have restricted the cash game stakes at which a number of players can play and which effectively means we will lose these players. The reason why we have done this is because iPoker will be implementing a new policy in the New Year which will class every player on a monthly basis as a fish or a shark and which will penalise card rooms that have too many sharks in relation to fish. As it stands, we are top heavy with sharks and, despite the fact that our win/loss ratio is fine, we stand to be fined heavily by iPoker under this new scoring system and so we have had to reduce the number of sharks that we have in order to comply and avoid penalisation . It really galls us to have to do this not only because of the negative feedback and the inconvenience to the players but because the fish to shark scoring system is a farce in as much as even losing players can be classed as a sharks. Ridiculous isn’t it – when did you ever hear of a losing player being called a shark? What’s more, if the categorisation of the players was such that only winning players were classed as sharks we wouldn’t have had to make these account restrictions in the first place and so this whole topic has been created by the absurd scoring system about to be introduced by iPoker.

I'm sure there are a lot of discussion points in there for you. Carry on...

Source> 2+2

Grafter

BigCityBanker wrote: »

betclick have just acquired Everest, that means almost certainly that 2 large skins of boss are making their way to Everest pretty shortly - the loss of this liquidity coupled with the fact that Boss are not an attractive B2B proposition leads me to believe that it wont be long before they follow the Crypto model i.e. close.. This also means that Everest are set to become a pretty big independent power. They will be the next Stars/Full Tilt albeit a European version.

Ahh, by betclick you mean the newbie French chaps Mangas that spent 125 mill on Expekt a few months ago, sacked the management last week and are imminently phasing out the brand and their ipoker site.

I suspect they'll balls up Everest long before IPN/Boss runs out of punters.

Hectorjelly

There is obviously a good reason that I'm missing, but why don't Ipoker just take a set amount of the rake, then let all the other skins compete against each other in a free market. If they want to cannabilise each other in a rake (price) war let them, IPOKER still gets the same %.

Grafter

Hectorjelly wrote: »

There is obviously a good reason that I'm missing, but why don't Ipoker just take a set amount of the rake, then let all the other skins compete against each other in a free market. If they want to cannabilise each other in a rake (price) war let them, IPOKER still gets the same %.

You cannot become Hectorjelly, ruler of the world, by being a selfish b*strd.

You must share the wealth more generously and more equitably than the b*strd or b*tch that went before you.

However, once you become Hectorjelly, master of the largest network, Taoiseach of the poker tiger, you'll not want to pay commissions to affiliates and will want to keep income within your ever narrowing circle of sportsbook lieutenants and favoured inhouse generals.

Cliffsnotes : 3 types of ipoker skins.

1) Inhouse. Very closely tied to ipoker. In a great position to retain customers from "naughty" skins.

2) Sportsbooks. Best positioned to bring in new players.

3) Poker sites. Players moving from site to site for the best deal for themselves, with many players going through an affiliate who is taking xx%.

Shortstack

I have had a couple of emails for players who have seen this thread. GJP will not be closing existing players accounts so there is no need to worry.

myflipflops

Fascinating stuff.

Sportsbooks hammer winning customers, Betfair premium charge hammers winning customers and now poker sites are hammering winning customers........

Shortstack

myflipflops wrote: »

Fascinating stuff.

Sportsbooks hammer winning customers, Betfair premium charge hammers winning customers and now poker sites are hammering winning customers........

We are happy to open accounts for winning players and will also welcome back old winning players who need shelter from the bad men

cronikal

Shortstack wrote: »

We are happy to open accounts for winning players and will also welcome back old winning players who need shelter from the bad men

whats with the loyalty bonuses?? last month i sure i got less than i should and they have not been reset for this month?? i emailed bluesq, but lol at ever getting a reply from them

Shortstack

cronikal wrote: »

whats with the loyalty bonuses?? last month i sure i got less than i should and they have not been reset for this month?? i emailed bluesq, but lol at ever getting a reply from them

PM Sent. It looks like it was to do with the Ipoker points system which can be unrewarding in certain games.

Loyalty bonus issues should always come directly to me or GJP support email and will be dealt with swiftly now I am nearly back on my feet again.

Mike

Grafter

Mike,

are you in a position to tell us what changes you'll be making to your loyalty scheme for 2010/contributed?

TIA

Shortstack

Grafter wrote: »

Mike,

are you in a position to tell us what changes you'll be making to your loyalty scheme for 2010/contributed?

TIA

When it is finalised I will. I am still catching up a bit after my Operation.

We will be giving back the most we can under the Ipoker policy.