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Clive Archer Releases Equity Poker Details

Wednesday March 20,2013 : EQUITY POKER DETAILS REVEALED (Update)
 
CEO Clive Archer talks about his latest venture
 
The announcement last week by industry veteran Clive Archer that he is helming a new operator-guided online poker network branded Equity Poker Network triggered interest in the poker media as observers discussed what differentiates the new operation from the many other networks currently on the Web.
 
One information site - Calvin Ayre - addressed the subject directly Tuesday in an interview with the former Microgaming and BetonUS exec, who revealed that:
 
* One of Equity's main goals is to create a balanced ecoculture (that's a goal shared by many operators who have become aware of the dangers of too many sharks downgrading the player experience of the fish or recreational players).
 
* Archer's wide experience in implementing or heading up online poker networks has been harnessed by an unidentified group of investors to create a network that will be both low cost, successful and sustainable for operators.
 
* Rather like the Microgaming poker management board system, the new network is guided on a cooperative basis by a management board comprised of operators who are members of the network. Members of the board have voting power commensurate with the volume of business they deliver to the network. Their power extends to who manages the network itself.
 
* Archer has purchased software that was developed in Canada ten years ago and was later used by the Norway-based Playsafe organisation, which has since left the operational side of the business, but retained its interest in the software. The software has been deployed on various online poker networks, including the Action Poker Network and the fast-growing Chico Poker Network.
 
* Archer detailed the four principal elements which Equity Poker has applied to build the right poker ecology: A tax - distributed to other members of the network - that penalises operators who bring too many sharks to the network; ensuring that the operator who brings the player to the network is the one who benefits from his or her action; a clearing house that ensures that funds are always available for fast pay-outs to players and operators; and an operator-friendly and profitable business structure that gives operators more funds to spend on pulling in more players.
 
* Operators are responsible to the player for player deposits. The network does not guarantee player deposits, and the clearing house does not have an oversight role regarding operator financial affairs, but does impose certain requirements on operators joining the network. These include a rule that operators post a deposit with the network sufficient to cover assessed liabilities. This is held separately by the network, ensuring the safety of other operators and the players.
 
* The network allows up to fifty percent of rake as rakeback or promotions. The network has also set maximum reward and player comps at 50 percent. Encouraging operators to maintain a balanced and non-competitive attitude with other operators on the network is emphasised.
 
* Network fees are kept as low as possible and do not change as individual operators become more successful and grow. Archer stressed that the network's primary objective is to work for a fair environment that benefits both operators and players.
 
Check out the full interview here: http://calvinayre.com/2013/03/20/poker/exclusive-interview-with-clive-archer-equity-poker-network/



Gambling News :

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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