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Santafairy   Korea (South). Oct 25 2014 07:49. Posts 2225

i hope you like the new spin and cashout format there is a 77,380 out of 100,000 chance for a 2.5% fee but a 13,510 out of 100,000 chance for a 5% and so on there is a 5 out of 100,000 chance of a 35% fee jackpot

It seems to be not very profitable in the long run to play those kind of hands. - Gus Hansen 

Romm3l   Germany. Oct 25 2014 07:50. Posts 285

as usual people can only moan that the situation now is relatively much worse than they got used to before, nevermind that in absolute terms the prior situation was unusually and unreasonably good and now it's more like normal. currency conversion fees are a fact of life, deal with it. don't want to pay 2.5%? Get yourself a bank account in pokerstars currency to cash out to and do the conversion yourself elsewhere. With Citibank I pay something like 1-1.5% iirc.

online poker, particularly the ability of professionals to extract positive expectation, is on the decline. but the reason is not too much to do with amaya's terms.


Santafairy   Korea (South). Oct 25 2014 08:24. Posts 2225

well what do other sites do though Romm3l

It seems to be not very profitable in the long run to play those kind of hands. - Gus Hansen 

uiCk   Canada. Oct 25 2014 10:42. Posts 3521

Lol, at least there is a 20$ free from PS right now, should cover some costs t.t

I wish one of your guys had children if I could kick them in the fucking head or stomp on their testicles so you can feel my pain because thats the pain I have waking up everyday -- Mike Tyson 

dogmeat   Czech Republic. Oct 25 2014 11:12. Posts 6374


  On October 25 2014 09:42 uiCk wrote:
Lol, at least there is a 20$ free from PS right now, should cover some costs t.t


where?

ban baal 

uiCk   Canada. Oct 25 2014 11:19. Posts 3521

got email; use code ADD20 for instant 20$ reload bonus. dunno if its specialized bonus (i bust my PS roll recently)

I wish one of your guys had children if I could kick them in the fucking head or stomp on their testicles so you can feel my pain because thats the pain I have waking up everyday -- Mike Tyson 

Romm3l   Germany. Oct 25 2014 12:58. Posts 285


  On October 25 2014 07:24 Santafairy wrote:
well what do other sites do though Romm3l


I don't play poker anymore but I used to play on every major site for years. I'm pretty sure you ate the exchange fee every time you deposited/withdrew to/from an account with a different currency to the poker account. Depending on your payment account it would either be your bank or Neteller/Skrill that took the bite out of you. It was only pokerstars that would let you convert currency at the midpoint (something which basically doesn't exist elsewhere in the world).


Spitfiree   Bulgaria. Oct 25 2014 14:04. Posts 9634


  On October 25 2014 06:50 Romm3l wrote:
and unreasonably good and now it's more like normal



you gotta rake 120k $ to reach around 60% rakeback yearly, while all other sites offer this as a standard

extremely good terms indeed

only good thing about ps is that there is a high variety of tables midstakes + and best tournaments of any kind ever, and thats only because they hold the market, sure there are some other perks like using FPP to buy whatever you want and money transfer between players, but all of those are because of the monopoly they hold and vice versa

I'd say that playing there before 200nl is just insane loss of value

 Last edit: 25/10/2014 14:08

impact69   Mexico. Oct 25 2014 16:26. Posts 307


  On June 13 2014 01:52 Baalim wrote:
lol relax everything is the same


Mr. Proper   Poland. Oct 25 2014 17:00. Posts 38


  On October 25 2014 13:04 Spitfiree wrote:
you gotta rake 120k $ to reach around 60% rakeback yearly, while all other sites offer this as a standard


888 and Party, for example.


Romm3l   Germany. Oct 25 2014 17:02. Posts 285


  On October 25 2014 13:04 Spitfiree wrote:
Show nested quote +



you gotta rake 120k $ to reach around 60% rakeback yearly, while all other sites offer this as a standard

extremely good terms indeed

only good thing about ps is that there is a high variety of tables midstakes + and best tournaments of any kind ever, and thats only because they hold the market, sure there are some other perks like using FPP to buy whatever you want and money transfer between players, but all of those are because of the monopoly they hold and vice versa

I'd say that playing there before 200nl is just insane loss of value

I am commenting only on the exchange rate fee introduction when i say it was unreasonably good before, since that is the point of this thread.

though if you're debating general value-for-money per rake dollar, you'll have to show me what you mean by 60% rb being standard on all other sites since that is not as I remember it at all. As I remember, rb like that was an under-the-table deal with shady affilates on dodgy sites named big bong hitters poker or something like that, where there is a decent risk the rakeback you get ends up being negative infinity percent as the site goes belly up along with your roll.

edit: if youre playing below 2/4 bigbet I can see an argument for getting the big rb deal on big bong hitters poker to avoid what you call an insane loss of value. But then again if you're playing below 2/4 then you have to ask whether playing poker at all is an insane loss of value in terms of your time and the other things you could be doing with it.

 Last edit: 25/10/2014 17:05

Smuft   Canada. Oct 25 2014 18:35. Posts 633

People are way over reacting imo.

If you manage your shit right, you will end up paying 0 on currency exchange fees so all this ends up being is a bit more of a hassle.

Of course it sucks this is the direction the company is taking but isn't it to be expected? Don't really understand why everyone is tilting so hard at a group spending 5 billion $ on a company and then trying to make money off of it.

If you compare it to what bwin did when they bought out party, what PS has done so far is very reasonable.

For reference:


  On February 04 2014 15:20 Daut wrote:
updated list of ways party fucked customers:
-removed palladium elite and >30% rakeback bonuses
-changed structure of bonuses so they take longer to buy and longer to clear
-player segregation *later fixed*
-removed monthly promotions
-3% cashout fee to skrill and other e-wallets
-removed online chat support
-cut affiliate % in half
-never paid back customers for bug that didnt automatically load tournaments starting


Liquid`Drone   Norway. Oct 25 2014 20:50. Posts 3093

complain with yer wallets
otherwise they're just maximizing their edge or whatever which you should all approve of

lol POKER 

player999   Brasil. Oct 26 2014 14:13. Posts 7978


  On October 25 2014 15:26 impact69 wrote:
Show nested quote +




I guess statements like these must be part of the contract, but still very disrespectfull

Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - Kapol 

Baalim   Mexico. Oct 26 2014 17:11. Posts 34246


  On October 26 2014 13:13 player999 wrote:
Show nested quote +



I guess statements like these must be part of the contract, but still very disrespectfull



Except that I didn't type that on this thread -_-

We are not forced by contract to speak against what we believe in, we can speak our minds but obviously being smart about it because we represent a brand.

I obviously don't like this forex exchange fee it affects me directly just like you, but they are allowing exceptions so its not retroactively enforced to previous deposits in important cases, sadly this is the industry standard, afaik all the other sites were doing this for a long time

Ex-PokerStars Team Pro Online 

player999   Brasil. Oct 27 2014 02:57. Posts 7978

Yeah, I thought after that it might have been taken out of context

And I agree that the issue brought up by this topic is not ultrageous or anything, but all the recent changes combined are unbelievable, along with the next ones coming such as VIP Program changes and casino games

Browsing through your hand histories makes me wonder that you might not be aware these games are possibly play money. Have you ever tried to cash out? - KapolLast edit: 27/10/2014 02:58

Syllogism   New Zealand. Oct 28 2014 06:29. Posts 214

.

 Last edit: 28/10/2014 07:31

dogmeat   Czech Republic. Oct 30 2014 01:25. Posts 6374



sup!
http://forumserver.twoplustwo.com/28/...pin-go-prizes-battle-planets-1485512/

ban baalLast edit: 30/10/2014 01:26

Daut    United States. Oct 30 2014 01:40. Posts 8955

dogmeat, im making that into a new thread. really big change

NewbSaibot: 18 TIMES THE SPEED OF LIGHT. Because FUCK YOU, Daut 

Santafairy   Korea (South). Oct 30 2014 11:20. Posts 2225


  On October 25 2014 19:50 Liquid`Drone wrote:
complain with yer wallets
otherwise they're just maximizing their edge or whatever which you should all approve of


i don't want to sound too trolly but if this change affects someone negatively and you tell them to vote with their wallets doesn't that basically involve taking their money and paying the fee to get it off stars? i mean you say vote with your wallet but in this case paying a fee doesn't really "show" stars what you think

It seems to be not very profitable in the long run to play those kind of hands. - Gus Hansen 

 
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