Important update regarding Poker Stars
Some more rake increase happening at Poker Stars + no more BOP! Check it HERE
With introduction of Spin and Goes, games are getting even more reg infested; VIP system will be changing next year, decreasing apparently; Amaya took out Poker Stars in 30+ countries and they will do it in more countries;They introduced 2.5% exchange fee on transfers/cash outs; Now you get this rake increase announced and no more BOP...
Regulars are taking out their rolls from Stars and seeking other options.
What is bad news in this?
Amaya/Poker Stars seems to care now more about making money then keeping players happy on their site.
With these changes they will drive away lot of regs from the site or simply force them to switch to more gambling and high variance formats.
Formats that regulars play will be even more reg infested now and fish and recreational players will drown in Spin and Goes. Amaya/Poker Stars will make more money thanks to rake increase but long term they will drive away traffic to other sites/networks. When they loose regs and people who actually leave site tons of money in RB , they will have very hard time getting them back to the site in the future (disappointing customer is unhappy customer and takes lot more to turn then undecided one!)
Amaya/Poker Stars are emptying all the lobbies and making the site seem like some Casino and gambling platform where players are expect to grind ridiculous high variance games and wait for some bink with jackpots to go up in profits.
Regs who don't study, work on their game will be even more affected with these changes as their pre RB ROI will be affected by rake increase therefore having even more swings and variance.
What is good news in this?
Well 6 max turbo and regular SNG games are yet unaffected with rake change. That means that I can keep grinding and hope for the best. This does not mean that rake change won't happen for my format in near future also (would be surprised if I don't see change there also to be honest!)
In future fish and recreational players might want to spend some of their money on other formats instead of just Spin and Goes therefore filling in the games and balancing them out with fish to reg ratio.
This also opens a huge door for all the regs willing to play very high variance games like Spin and Goes and MTTs as in the near future there will be more fish and recreational players there then ever , therefore increasing their ROI long term on huge samples.
This is also good news for regs who are willing to work hard on their game daily, seek new edges, improve constantly and try to maximize the fact that all fish and recreational players will be eventually majority of Poker Stars (if changes like this keep happening in the future for the worst for regs).
This also opens huge door for other networks to act in and get some of their customers back.
Regs now can also consider mixing various formats and sites to maximize their hourly which will require them to work on the new formats and game types.
What I plan to do about this change?
By the end of this year I will keep playing 6 max SNGs both turbo and reg speeds 15s and 30s. I will be following closely traffic during whole day and impact that these changes will have. I will especially pay attention to 30s as I plan to play them exclusively next year.
I will also study couple of new formats to expand my abilities and make table count easier as well as hourly improved.
I will look into traffic changes on other networks and sites.
Worst case, if traffic dies on low and mid stakes from January and there isn't enough of it on other networks, I will consider switching format where there is traffic and place to make profit pre RB with equal or higher hourly!
I hope you found this update useful and worth reading. I encourage you all who are playing on Poker Stars to seriously consider this new update, what has happened in near past with Amaya and what can/may happen in the near future.
I hope Barry Carter will write some detailed article dealing with all the changes addressing concern where PokerStars is heading with all the changes.
I invite you all guys to post here on my blog your opinion and what you plan to do with new changes now or in the near future.
