Microgaming Poker Network to Introduce True Value Rake Allocation

Submitted by Nagesh Rath on

Written by :

Nagesh Rath

Published on :

The Microgaming Poker Network has announced plans to introduce a new rake structure beginning July 1, 2012.

Americas-Cardroom-Square-022412.jpg

True Value will allocate player rake to operators based upon volume, activity and win/loss ratio.

“This is our biggest release thus far this year, and we believe it is one of the most important releases in online poker,” stated Lydia Melton, Head of Network Games at Microgaming, whose company currently uses the “contributed” method of rake calculation for their players.

“What sets True Value apart from other networks’ solutions to the valuation problem is that it uses a dual layer system, which does not impact the players themselves. Any players earning rake-based promotions, like bonuses, will clear those promotions at the same rate on True Value as on the current method.

“We are firmly on a path to creating a new type of poker network, and this is one vital step on that path, and follows on from the formation of the industry’s first Network Management Board last November.”

- Nagesh Rath, Gambling911.com

Advertisement:  Americas Cardroom offers some of the fastest payouts in online poker.  Learn more

AmericasCardRoom-052312.jpg

Related Content

US soldier saluting the flag

Feds Charge Soldier With Using Classified Intel to Win $400K on Polymarket

A U.S. special forces soldier involved in the military operation to capture Venezuelan President Nicolás Maduro has been charged with using classified information about the mission to win more than $400,000 in an online betting market, federal officials announced Thursday.
Spiked drink

Vegas Ketamine-Spiking Case Still Expected to Go to Trial After No Settlement Reached Last Week

A former sports agent Dwight Manley claims he was drugged with ketamine while gambling at the MGM Grand in Vegas in 2021
Kalshi

Congressional Candidates From Minnesota, Virginia and Texas Fined By Kalshi for Betting on Their Own Elections

A Republican, a Democrat and an Independent have each been fined by Kalshi for allegedly betting on their own elections.
Spiked drink

MGM Vegas Ketamine-Spiking Lawsuit Filed By Super Agent: Says He Lost $2 Million Gambling (No Settlement))

Gambling911.com can confirm that, while a settlement conference took place in recent days, no settlement has been reached as of yet.