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Winning Poker Network Moves to Weighted Contributed Rake Calculation

Just as people like to make changes to their lives and get a “fresh start” when the calendar page turns from December to January, so, often, do online poker rooms. The Winning Poker Network (WPN) announced Monday that starting today, January 3rd, 2017, its member rooms will adjust how raked hands are counted in order to calculate loyalty points. Gone is the “dealt hand” system and in is the “weighted contributed” method. In the previous, dealt hand method of calculating rake and loyalty points, rake in a cash game pot was attributed to every player who was simply dealt cards. For instance, if five players were dealt hole cards – regardless of how many players were actually seated (some could have been sitting out) – and the pot grew large enough to generate one dollar in rake, twenty cents in rake would be attributed to each player. This amount would

Petition to Eliminate WSOP Main Event Rake Interesting, Pointless

In what will certainly prove to be a fruitless effort, a petition has been started on the website change.org to try to get World Series of Poker officials to make substantive changes to the WSOP Main Event in order to reward players with more spoils. The petition, posted by David Bass, creator of Any Two Pocket Cards, LLC, is addressed to WSOP VP and Tournament Director Jack Effel, WSOP Executive Director Ty Stewart, and WSOP VP of Corporate Communications Seth Palansky. The goal of the petition is two-fold: Please eliminate the “rake” (i.e., portion withheld for expenses) on player buy-ins into the World Series of Poker (WSOP) Main Event poker tournament; and Please start a revenue-sharing program to supplement the prize pools for the top WSOP poker tournaments with part of the revenue generated from TV contracts, sponsorships, licensing and other sources derived from the value of the WSOP brand.

Petition Calls for Removal of Rake at WSOP Championship Event, Revenue Sharing for Additional Money in Prize Pools

In an ingenious move that might not gain any traction – but it doesn’t hurt to try – a poker fan has started a petition asking officials at the World Series of Poker to eliminate the rake on the WSOP Championship Event. In addition to this elimination of rake, the petition is also asking for a revenue sharing program over other WSOP events that will “spread the wealth” that Caesars Entertainment is pulling in over a variety of methods. David Bass, an investment banker with Arena Capital Advisors who publishes a blog called AnyTwo.biz, called for the petition earlier this week after some analysis of the current WSOP rake structure. “Our basic thesis is that a portion of the money paid by ESPN to the WSOP (or its parent company, Caesars) for the right (sic) to broadcast WSOP events and other ancillary revenue should be added to the WSOP prize

PokerStars to Increase Rake

On Monday, PokerStars announced “revised pricing,” code for “rake increase” that is to go into effect next Monday, March 28th. In a post to the PokerStars corporate blog, Eric Hollreiser, Vice President of Corporate Communications for Amaya Inc. and PokerStars, explained that the changes come “Following a review of the current business environment and the pricing policies employed across the competitive landscape for online gaming.” Hollreiser highlighted the following “key” changes: •    Rake for Spin & Go’s will be increased one percentage point for buy-ins from $ 1 to $ 30, except for the $ 3 buy-in tournaments, which will have a two percentage point increase. •    Re-buys and add-ons for multi-table tournaments will be raked. •    Multi-table tournament hyper-turbo rake will be upped to five percent. •    Rake will be increased (both percentage and cap) for some No-Limit and Pot-Limit cash games, especially heads-up contests. Hollreiser said that PokerStars

Full Tilt Poker to be Resurrected Soon – Tight Poker:poker rakeback sites

hollywood poker rakeback DigitalJournal.com Full Tilt Poker to be Resurrected SoonTight PokerPlayers also stand the chance of grabbing some great prizes at Rake the Rake, one of the largest rakeback sites in the world. Players who sign up at PokerStars and Party Poker through Rake the Rake can grab attractive rakebacks along with entries to …Poker: Full Tilt perils, and promotions galoreDigitalJournal.comall 24 news articles » walker poker rakeback