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Adelson’s Anti-Online Poker Arguments Blown Away on the Tim James Show

Poker player and broadcaster Tim James is using the first episode of his Tim James Show to expose Sheldon Adelson’s arguments against online poker as pure hypocrisy founded on lies.

The teaser video shows how easy it is to gamble and play poker underage in Adelson’s casinos, and even hire a rather expensive prostitute.

Adelson has vowed to “spend whatever it takes” to prevent Americans from playing online poker. He funded a new lobby group called the Coalition to Stop Internet Gambling, and is packing politicians coffers with “contributions” a.k.a bribes to get their support.

In the last US Presidential elections Adelson spent over $100 million funding political campaigns to advance his view of morality. He’s the eighth richest man in the world, with a fortune of over $40 billion derived from the Las Vegas Sands Corporation which operates casinos throughout the world.

He is currently trying to get a bill through Congress which is implausibly called “The Restoration of America’s Wire Act (RAWA).” The bill would completely change the original intent of the 1964 Wire Act and make it illegal to play online poker anywhere in the US, even in New Jersey, Delaware and Nevada where the states themselves have exercised their sovereign power to regulate the game.

Enjoy the video and if you want to play online poker in the US, go ahead. Apart from in a few states it’s completely legal to do so—not a single US player has ever been charged or fined for playing online poker.

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By Joss Wood Rakeback.com Content Manager

Full Tilt Poker VIP Program Changes Explained

Full Tilt PokerFull Tilt is busy reinventing itself as a poker room dedicated to casual players.

The next step in the process will be the introduction of a new VIP rewards program which targets their needs, rather than the needs of regular grinders.

The “Players Club” program will be based on a new game called “The Deal”.

Players will earn entries to the new game by earning Full Tilt Points, and although details are not yet available, the game will distribute prizes at least partly by using a random process.

The flagship prize will be an accumulating jackpot which starts at $100,000 and increases continuously until it is won.

Extra Value for Casual Players

For players who can only achieve the lower tiers of their poker room’s VIP program, this is great news. Full Tilt’s Managing Director, Dominic Mansour, has said that 95% of players don’t receive large enough rewards through normal VIP programs to provide them with any incentive to play.

Full Tilt is changing that industry standard to create a program where every player has the chance to win significant amounts of money regardless of how much they play, or at what stakes they play.

Get FullTilt Rakeback
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Edge Rewards Remain

All is not lost for existing Full Tilt regulars. The Edge Rewards program will remain, but change to having three tiers. Edge, Edge Plus and Edge Prime. Players will continue to earn cash back for their Full Tilt Points (FTP), but overall, at a slightly lower exchange rate than before.

Full Tilt Edge Rewards Logo

  • Edge status players receive $1 per 100 FTPs earned.
  • Edge Plus status players receive $1.50 per 100 FTPs earned
  • Edge Prime status players receive $2 per 100 FTPs earned and can convert their collected FTPs to cash at a rate of $1 per 250 FTPs

Status will continue to be based on a 30 day or 100 day rolling average of player points earned. 

  • Edge status is reached by earning a 30-day rolling average of 80 FTPs or a 100-day rolling average of 70 FTPs
  • Edge Plus status by earning a 30-day rolling average of 250 FTPs or a 100-day rolling average of 150 FTPs
  • Edge Prime status by earning a 30-day rolling average of 500 FTPs or a 100-day rolling average of 400 FTPs

An innovation which applies only to players on the Edge rewards program is the introduction of a new symbol in the lobby to indicate games where additional cash back of up to 200% is available. 

Games where Full Tilt is finding it difficult to fill the tables will be marked with an Edge icon. Choosing to play those games will qualify players for extra cashback. Leaderboards for Edge players will also offer a month’s worth of extra cashback as a prize.

Should I Go or Should I stay Now?

Until the Full Details of the scheme are unveiled, it’s too early to calculate the exact impact of the changes in terms of their equivalent value as a rakeback percentage. If Full Tilt succeeds in changing the player pool so that there is a higher proportion of casual players, then even though the value of the VIP program has reduced, a greater winrate could mean that high volume players actually do better out of the new program.

It’s not time to bug out yet, in fact casual players at other poker rooms would be advised to open a Full Tilt account to take advantage of the extra value the new Players Club scheme presents. Regular players should wait and see how the numbers stack up.

If regulars do want to look for a new room now, and already have a PokerStars account, then Americas Cardroom provides a good alternative at the moment.

It offers a VIP program that is almost identical to the one on PokerStars plus $1 million guaranteed tournaments, and a weekly non-contributory rake race called the Beast which boosts rakeback to pre-Black Friday levels. Bitcoin deposits are available and bitcoin withdrawals are processed in as little as a couple of hours.

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www.americascardroom.eu

Free download securely from official Americas Cardroom server

 

By Joss Wood Rakeback.com Content Manager

2015 WSOP Main Event-“November 9” Set

2015 November 9

This year’s World Series of Poker Main Event Championship attracted 6,420 players, and generated a prize pool of $60,348,000. After a full week of grinding the November 9 is set, and ready to return November 8th for final table action.

The winner will walk away with a staggering $7,680,021 and the gold bracelet, as well as the title of world champion.

Negreanu OutDaniel Negreanu

Unfortunately for many poker fans, Team PokerStars Pro Daniel Negreanu will not be in the mix. He busted in 11th place and had to settle for a $526,778 payday.

It was an amazing run for Negreanu. Perhaps the most popular player worldwide, he would have added a different level of excitement and celebrity to the final table. 

2015 WSOP November 9

Pennsylvania poker pro, Joe McKeehen is the chip leader, and holds one third of the chips in play. Look out for Max Steinberg though, he is the only player who has already won a WSOP bracelet.

Also chalk one up for the veterans, as Pierre Neuville at the age of 72 years young, is showing he still has plenty of game left as he heads to the final table.

Here’s a look at the complete 2015 WSOP November 9.

Seat

Name

Country

Chips

1

Ofer Zvi Stern

Herzilya, Israel

29,800,000

2

Pierre Neuville

Knokke-Heist, Belgium

21,075,000

3

Josh Beckley

Marlton, New Jersey, USA

11,800,000

4

Max Steinberg

Fairfield, Iowa, USA

20,200,000

5

Thomas Cannuli

Cape May, New Jersey, USA

12,250,000

6

Joseph McKeehen

North Wales, Pennsylvania, USA

63,100,000

7

Patrick Chan

Brooklyn, New York, USA

6,225,000

8

Federico Butteroni

Rome, Italy

6,200,000

9

Neil Blumenfield

San Francisco, California, USA

22,000,000

One thing’s for sure, the pressure will be on come November 8th. Huge crowds, worldwide live coverage, and massive pay jumps will create an atmosphere like no other.

The 2015 WSOP Main Event final table will begin Sunday November 8th at 8:30 pm ET live on ESPN.

 

By Dan Dececco, Rakeback.com Freelance Author

 

 

iPoker Network Returns to a Single Playerpool

As of Aug 11, 2015, iPoker players once again all share tables in one global playerpool, a move which the network hopes will reverse its declining traffic.

iPoker Merges Tier 1 and Tier 2 Playerpools

Traffic figures via PokerScout

The iPoker network had been segregated into two playerpools – iPoker 1 and iPoker 2 – on Sep 4, 2012. With the exception of Speed Poker and tournaments.

More established rooms (or ‘skins’) such as Ladbrokes and Betfair that focused on recreational players were on iPoker 2. These larger rooms invested heavily in advertising, helping to grow the network.

Smaller rooms such as Winner, more popular with professional grinders were on iPoker 1.

Tier 1 rooms often offered affiliate iPoker rakeback, e.g. up to 70% in the case of Winner.

Move to a Recreational Player Model

Since iPoker switched to a source based rake (SBR) system on Jan 1, 2015, the effective value of affiliate rakeback deals has lowered.

The new system assigns net depositing players – recreationals – a higher ‘real player value’ (RPV), and they earn more rakeback. iPoker created pokerbills.com where players could track their SBR, RPV and net rewards. 

As a result of source based rake there’s now less incentive to divide the playerpool into small ‘rakeback skins’ – that do little to attract new players – and the larger household name rooms with higher marketing budgets.

iPoker is also developing a new ‘more recreational player friendly’ software client, currently in beta.

Earlier moves aimed at attracting recs included the introduction of Twister Poker, the network’s take on the Lottery SNG format, and €100,000 depositor freerolls.

iPoker Traffic on the Increase

Before the merge iPoker was seeing a 7 day average cash game traffic of around 1.3k players, lower than e.g. Bovada that only serves the USA. PokerStars sees over 10 times that.

iPoker Merges Playerpools Traffic Increase

Exact traffic figures post-merge are not yet available however the Winner lobby looks healthy with around ninety tables of 20NL – 100NL running.

Get 70% iPoker Rakeback
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PartyPoker Removes Almost All Cashout Fees

PartyPoker Removes Cashout Fees

PartyPoker has waived fees for all players cashing out via the following methods:

  • Visa
  • Mastercard
  • Bank transfer
  • Paypal
  • Maestro
  • Kalixa Pay
  • ClickandBuy
  • Goplay Prepaid Mastercard

Currently the 6th highest trafficked online poker room, PartyPoker stated ‘listening to the players is central to our ongoing strategy‘.

In a TwoPlusTwo forum post user ‘Party_Rep’ explained the decision to remove the processing fees was in response to feedback highlighting withdrawal fees as a contentious issue.

Get PartyPoker VIP
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eWallet Fees Remain

PartyPoker implemented a 3% withdrawal fee for eWallets such as Skrill, Neteller and WebMoney in 2013.

eWallets are less commonly used by casual players, so at the time that move was seen as part of the general move towards a recreational player model.

At the current time this fee is still in place but Partygaming is said to be in negotiations to have the fee lowered.

Other RoW facing rooms such as PokerStars and Full Tilt do not charge for eWallet cashouts.

PartyPoker introduced the 3% fee around the time many players were abusing a 1.5% cashback promotion run by Skrill. PokerStars and other sites detected this and stopped running the promotion, but didn’t raise fees. 

PokerStars also allows players to request higher deposit and withdrawal limits.

PartyPoker Recreational Player Model

PartyPoker & The Recreational Player Model

PartyPoker has had an interesting history of changes and updates, in its transition towards favoring a recreational player model.

Get PartyPoker VIP
www.partypoker.com

Free download securely from official PartyPoker server

Full Tilt Poker Increases Rake at Micros & High Stakes

Full Tilt has raised the rake increments at microstakes up to 10NL, and the rake caps at $5/$10 – $10/$20.

Full Tilt Microstakes Rake Increase 2015

July 29, 2015 – Yesterday Full Tilt Poker removed HU tables, nosebleed stakes, mixed games, and the ability to table select – read about the 2015 FTP ring game changes here. $10/$20 is now the highest stake.

Rake increases came at the same time, however these received less attention amongst the other news.

Full Tilt Rake Increases 2015

For those players that are affected, below is a summary of the new rake and old rake in strikethrough text.

Microstakes Rake Increases

Previously microstakes were raked 1 cent per 20, up to and including 10NL.

$0.01/$0.02

# of Players Rake Rake Cap
2 $0.01 per $0.16  $0.01 per $0.20 $0.50
3 $0.01 per $0.16  $0.01 per $0.20 $1
4 $0.01 per $0.16  $0.01 per $0.20 $1
5 – 9 $0.01 per $0.16  $0.01 per $0.20 $1

$0.02/$0.05

# of Players Rake Rake Cap
2 $0.01 per $0.17  $0.01 per $0.20 $0.50
3 $0.01 per $0.17  $0.01 per $0.20 $1
4 $0.01 per $0.17  $0.01 per $0.20 $2
5 – 9 $0.01 per $0.17  $0.01 per $0.20 $2

$0.05/$0.10

# of Players Rake Rake Cap
2 $0.01 per $0.18  $0.01 per $0.20 $0.50
3 $0.01 per $0.18  $0.01 per $0.20 $1
4 $0.01 per $0.18  $0.01 per $0.20 $2
5 – 9 $0.01 per $0.18  $0.01 per $0.20 $2

High Stakes Rake Increases

The HU cap is now $1 and max rake $5 at $10/$20 tables with five or more players seated.

$5/$10

# of Players Rake Rake Cap
2 $0.50 per $10 $1  $0.50
3 $0.50 per $10 $2  $1
4 $1 per $20 $3  $2
5 – 9 $1 per $20 $4  $3

$10/$20

# of Players Rake Rake Cap
2 $0.50 per $10 $1  $0.50
3 $0.50 per $10 $2  $1
4 $1 per $20 $3  $2
5 – 9 $1 per $20 $5  $3

Earlier in 2015 PokerStars also planned to implement a $1 HU cap and max rake of $5, but a backlash from players saw the rake hike being cancelled.

For the time being PokerStars is unaffected by the above changes and remains the lowest rake online poker room in the industry.

Full Tilt Removes HU Tables | New Recreational Player Model

July 28, 2015Full Tilt Poker makes a number of changes to it’s ring games, ahead of upcoming VIP program changes and a wider focus on the recreational player model.

PokerStars is unaffected.

Full Tilt Ring Game Changes

A summary of Full Tilt’s changes announced on the forums by FTP rep Shyam Markus earlier today:

  • No More Heads Up

Heads up cash tables have been removed at all stakes.

Despite making a ‘decent amount of revenue‘ from HU, the rep described these tables as a ‘very negative game for the poker economy‘.

This comes as a surprise to some players as FTP was synonymous with high stakes heads up action, at one point hosting up to $3,000/$6,000 HU Limit Holdem.

The largest pot in online poker history was played at a Full Tilt HU PLO table in Nov 2009.

  • No More Table Selection

Players can no longer see individual ring game tables.

Instead the lobby is more of a Fast Fold Poker format where players choose a game and buy in amount, and are then assigned a table by the software.

Full Tilt New Ring Game Changes Removes HU Tables

The new Full Tilt lobby ‘basic view’, set as default (players can switch to ‘standard view’)

Players can join up to 6 tables per game type, and are restricted by a 30 minute timer from entering that table agin if they leave – ‘preventing players from joining and leaving hoping to table select’.

A 2 hour ratholing timer has been implemented to prevent players doubling up, leaving then rejoining tables with a short stack.

  • No More Mixed Games

Stud and Draw cash games have been removed, the rep citing a lack of players ‘still interested in these games‘ and the desire to offer a ‘clean and simple‘ lobby.

Mixed game tournaments will still be run.

  • No More Nosebleeds

The highest stake games have also been removed, to improve the poker ecology.

These games simply didn’t fit with what we were trying to do anymore. And with the new system not allowing you to watch individual tables, the spectator factor was gone as well.’

  • Rake Increase at Microstakes & High Stakes

Microstakes rake (up to and including $0.05/$0.10) was raised.

Rake increments are now 1 cent per 16, 17, 18 cents at 2NL, 5NL, and 10NL respectively.

Previously that was $0.01 cent per $0.20 at each.

In addition the rake caps (not increments) were raised at $5/$10 and $10/$20.

See a summary of the FTP rake increases here.

Upcoming Full Tilt VIP Program Changes

The Full Tilt rep stated ‘the entire rewards program will be changing‘ however no details have been released yet.

The FTP blog describes the upcoming VIP changes as ‘genuinely attractive to all players, not just those that play the most‘ and geared towards ‘playing for the love of the game.’

One could assume that means more of a recreational player model, following in the footstop of rooms like PartyPoker and Bovada in the US, and may mean a drop in rakeback equivalent rewards.

Read players’ reactions on the TwoPlusTwo forums.

For heads up tables, mixed games and table selection, PokerStars remains the highest traffic room.

For US players, Americas Cardroom is rakeback friendly and this Sunday hosts a $1m GTD event.

Get ACR Rakeback
www.americascardroom.eu

Free download securely from official Americas Cardroom server

Negreanu Poised to be World Champion?

Negreanu Poised to be World Champion?

Negreanu Poised to be World Champion?

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