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Fact or Fiction?
Lets suppose you have a poker site,which is a skin off a cage off a large network,and all the players are really good,so they win,great!!!
but,oh,hold on,the web boss has found out,and says to you,look mate you cant have people winning ,or they will take all the money we could have had as rake...and besides if you take out more money than the losing donks deposit,we are going to fine your company...
Comments
seriously whats ur point?
The poker room had a high percentage of winning players. This was unacceptable to the network they operated within and they were effectively fined. As strange as it might seem players with large amounts of money on site are not desirable for two reasons.
1. They are likely to withdraw large amounts at any time.
2. The money tied in their account has low earning value for the site compared to that same money circulating and earning rake. Moderate winners and losers are the desired customer base.
PLAYED 7 GAMES LOST £15 ,
MAYBE YOU WILL COME GOOD LOL
A well known site, which was part of a well known network, had a stable of very good players. They are all forum regulars of the site and as such they are on the whole winning players. There are some ''high rollers'' in there too. They for the most part have substantial bankrolls and probably withdraw on a regular basis.
All well and good you would think - it's what poker sites are for. But hold on, this network doesn't like profitable players, what it wants are moderately losing or break even players because that's where sites make their money - regular depositors, money circulating around the site, generating rake and keeping everyone interested enough to continue playing. Big winners only spoil all that. They put the punters in their place, let them know who's boss and that puts a lot of punters off the game and they disappear. That's not good for business!
So the network decided to impose fines on the site with the over-abundance of good players. If they (the good players) withdrew over a limit that the network had deemed profitable, the site was fined. This of course made it impossible for the site to continue as a viable proposition on that network. This is a factual story of a site on the iPoker network, part-owned by a well know poker analyst.
I think the point DJ is trying to get across is that poker sites make money by having moderate losers and winners and not by having huge winners and losers. Equalisation makes good business sense.
Also big winners play big volume so big rake and often have substantial money in their a/cs. This is surely worth a lot to sites/networks?
I dont fully understand how poker sites/networks operate so Im not saying you are wrong on any of this. I understand that long term moderate winners and losers are better for sites than big winners/big losers. But the bit you have bolded isn't really how poker works, big winners dont sit down and skin all other players almost instantly, the money still circulates for a long time anyway due to variance etc, bad players reload and players playing large volume of hands has to help offset this anyway
I know rb is between site and player, I would think rb attracts higher than average players to a network though as fish dont know what it is and it makes a huge difference to hi volume players