..

PartyPoker Rake Changes Delayed as Players Protest

Written by:
Patrick Flanigan
Published on:
Aug/25/2011
PartyPoker Rake Changes

A plan to change the rake structure at PartyPoker has come under fire.  Company officials have announced they will be delaying the proposed rake alterations.

Party had planned to move from a dealt rake structure to weighted contributed rake.

Dealt rake essentially is calculated by dividing the total rake paid in the hand by the number of players that were dealt into it.  PokerStars and Cake Poker both use the dealt method for rake.  Cake Poker still accepts US players.

Weighted contributed rake structure would have every player credited rake based on the percentage of money that he or she adds to the pot.

“Loose” players were likely to benefit over the so-called “tight” players.

A sit out was organized by a group of online poker players at the TwoPlusTwo.com forum

PokerFuse.com explained the concerns:

Since Party Poker issues players two Party Points for each $1 of rake they pay, the new method will offer greater rewards for those players that are more active, play bigger pots, and generate more rake for the site. (Tim) Matthews (one of the organizers of the sit out) believes these tendencies are commonly found in recreational players. And, by shifting the amount of rake paid towards players that will not achieve the highest levels in the loyalty program, the Party Points issued to the recreational players as a result of the new rake paid calculations will be redeemed at a lower rate of return resulting in more profit for Party Poker.

Estimates had 45 percent more rake being paid playing at $3/$6 and 63 percent more at $5/$10.

PartyPoker eventually issued this statement: 

“[b]ased off of player feedback, we are discussing the possibility of not implementing the rake changes for $3/6 and $5/10 NL, and will make a decision in the morning.”

- Patrick Flanagan, Gambling911.com

Poker News

Poker News Updates October 21, 2019

Welcome to our new Poker News blog, all the latest tournament, player and juicy stories related to the game for this day October 21, 2019. 

WSOP Flasher Deemed Mentally Incompetent to Stand Trial

WSOP Flasher Deemed Mentally Incompetent to Stand Trial

Kevin Strauss made terroristic threats via Twitter.  He also left the WSOP and headed to the nearby Luxor to expose his private parts atop a craps table.

Poker News Updates October 19, 2019

Welcome to our new Poker News blog, all the latest tournament, player and juicy stories related to the game for this day October 19, 2019. 

Poker News Updates October 18, 2019

Welcome to our new Poker News blog, all the latest tournament, player and juicy stories related to the game for this day October 18, 2019. 

Poker News Updates October 17

Welcome to our new Poker News blog, all the latest tournament, player and juicy stories related to the game for this day October 17, 2019. 

Syndicate