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I for one would gladly grind a load of DYMs alongside my low stake MTTs that I play if I didnt have to beat 15 and 20% rakes before I made a profit. Not sure what others think but if we are looking at this from a business perspective would that not make sense?
I could be wrong and often am but I think if it was given a go, perhaps that 10% rake would entice enough extra players to offset those like me who wont grind a load of games where the rake makes it very difficult to make a profit.
First: 10/6/2009
Last: 1/6/2012
Scene 1--- Big bedroom, very posh--- Mr big boss Sky man yawns as he is woken by his wife---
Mrs Sky-- "good morning dear-- You'll never guess what just happened-- I went to buy you a new ferrari this morning, so I checked our bank account first, and found out we have loads of money!!
Mr sky--- "That's right darling, we do, I just thought it would be nice to wake up one morning and find out you have loads of money"--
Mrs sky---"Well that's all very nice dear, but it's really not fair is it?-- All this money came from the people of England, how can we look poor people in the eye?
Mr Sky,-- "Don't worry darling, I'll figure out a way to give it back, first thing tomorrow morning"
Mrs Sky-- "why don't you just set up an internet gambling site that works the opposite way to all the other ones and gives away loads of money to everybody?"
Mr sky-- "that's a very interesting idea darling, I'll look into it right away"
She must be gutted they've gone!
And maybe Machka's not winning The show competitions as a protest! for spoiling his early morning treats!
A swimming pool would look nice dear, tell the butler to make a call for me.......
We do want them back and this probably aint the way to go about it
if we were to get them bk surely we would have got them back by now
I agree that lower rakes would see an increase in numbers at these tables, and generate more income.
We as customers of this business are providing feedback through the forum on these matters. If we are not satisfied with the products provided or the amount we are being charged in rake, then it is our prerogative to take our business elsewhere.
So for my tuppence worth, I think that all DYMs should have the same rake%, and that the 30p games should be brought back.
@67bhoys - I'd love lower rake, we all would but it is industry standard that rake will always be lower at higher stakes. The rake at 30p and 60p is the same and they both run pretty much non-stop all day, so I'm not sure they really need to entice people to play them by lowering rake. Much in the same way that lots of people love to play BHs so the rake is higher. Supply and Demand and all that jive.
shame if they are gone forever, used to like them as a "quick fix" while waiting to get on tables
always seemed to fill up quick
It may be profitable, but is it fair and equitable?
Law of supply and demand are one thing and in that I do not agree, if a product is cheaper,, ie the rake , elsewhere, people will then travel there and buy their goods. These higher rakes are a nonsensical business model, charge people more because they are popular. Carry on then and someone will undercut you. And dont say you werent warned.
Also this is not an inelastic market, the kind where you can 'price fix' to an extent, in areas like fuel prices.
And God its been a while but I do remember vaguely one of the laws of economics being that it is a much cheaper business model to retain customers you have gained through good customer service than it can ever be once they leave. Something around 5x more perhaps to get a customer back that you have lost than to retain that customer in the first place.
I dont and wont accept that it is good business practice to charge your customer more for a product simply because it is popular if that was the reason given for areas of higher rake.
That is just fundamentally bad business practice.
"A different start to today, no 30p Dym. For the past few days I have been starting the morning off with the ladder challenge before I start playing on the £11 Dym tables. for 2 reasons really 1) that I am happy with my game before i sit on an £11 table. 2) £11 tables dont fill up quickly at that time of the day.I have already said on a previous post what I thought about the standard of play on the 30p tables.
Good morning.
Several comments that Sky Poker are not listening to the feedback.
That is incorrect - that is why I have commented on the thread several times, & I have written to the Suits about it a lot, too, & sent them a link to the thread.
I have also explained that it is a trial, is being evaluated, & will be reviewed, weekly, in the Management Meeting. I believe I gave you the result of the evaluation after the first week.
The analysis is done weekly, & to suit the way the Business measures site performance, is measured every week, on a Friday. Numbers are reported daily, but it is sensible to measure them weekly, to dilute daily variations. The "Sky Poker Business Week" is Friday to Thursday, so the week ends at Midnight on Thursday.
The figures are therefore evaluated on a Friday, when the week's numbers are readily to hand, in the Weekly Report.
I have this morning (Saturday) been sent (as have all members of the Management Team) the numbers for the week which ended at Midnight on Thursday, drawn from Friday's Weekly Report, which is disseminated internally on Friday afternoon. So it is clearly being examined within reasonable timescales.
These numbers will be discussed in the next Management Meeting. There are usually 10am every Tuesday, but I'm not sure if that will be delayed this coming week, as Tuesday is a Bank Holiday, & I assume most of the Management Team will be on Holiday, so it may be Wednesday next week.
I will try & update you as and when I have further news to report on this matter.
I hope you all have a peaceful & enjoyable Jubilee Weeklend.
If you play 30p DYMs, you have to at the moment win 2/3, a 66% win rate,to get 10p. Sky get 15p.
Cost 3x30p=90p
win 2x50p= 100p (100p-90p=10p)
Rake 3x5p= 15p
If Sky were to reduce the rake to 10%, the figures would be:
Cost 3x27.5p= 82.5p
Win 2x50p= 100p (100p-82.5p=17.5p)
Rake 3x2.5p= 7.5p
If Sky reckon that the loss of 7.5p is a tad expensive for them, may I suggest 33p DYMs:
Cost 3x33p= 99p
win 2x60p= 120p (-99p=21p)
Rake 3x3p= 9p
I reckon that this would encourage more players to play, therefore, although Sky have in theory lost 6p per player, the total rake may increase.
Also, if players at this level can achieve a 66% win rate, their bankroll will increase at a faster rate, enabling them to move up to the next level more quickly, generating more rake at that level.
I would also suggest changing 60p to 66p and so on up the levels, to enable a fair and equitable rake for all players no matter what level they play.
This would also enhance Sky pokers reputation within the industry, and encourage new players to join the site.
I would still rarely play any new 33p games but I would certainly run a couple of 1.10 over even 2.20 games alongside what I play already, I am only a small sgakes player but when I see the challenges in diaries to play x games a month, I would have a go, perhaps 100/200 a month at first and see if I can grow up and be Devonfish
, & I have written to the Suits about it a lot, too, & sent them a link to the thread..
Wasn,t going to comment ( but seen as the suits are reading) as i don,t play them and never would .
The reason as others have mentioned is the rake. In my opinion whether its 30p , £30 or £300 the rake should be the same. Its clearly discrimination against micro stakes players and Sky arn,t the only site who do it
Theres another site which i won,t mention but they charge 20% on STT,s and DYM,s up to $5, hence i would never play those either.
MP
I'm not saying Sky are tricking us or anything, just making the point that Sky's rake has been higher than others for as long as I can remember, but then on the flip side, they offer so much that some sites don't...
1. They have a TV channel which is not only entertaining but can also give great analysis and help with your game.
2. They have a great forum where they are constantly giving away free prizes.
3. Tikay and other Sky staff are always about on the forum answering questions and looking into things for people.
4. And many more that I can't think of right now.