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IS iPOKER NETWORK CHANGING ITS RAKE FORMULA?
01/08/2012 : After the Pokerstars row, operators are playing their cards close to their chests.
Following the row at Pokerstars over proposed changes to rake calculation, it is perhaps understandable that online poker network operators prefer to play their cards close to their chests on this sensitive issue, but this week strong rumours surfaced that the iPoker Network is to change to a 'weighted contribution' formula in March this year.
One online poker information site, Pokerfuse, went so far as to say that iPoker had confirmed the move, although there was no direct quote published.
Pokerfuse reports that the Playtech-owned network will unveil a series of software updates prior to implementing the changes to a more 'fish-friendly' rake calculation.
"iPoker currently uses an average contributed rake system to determine how much rake a player has contributed to the pot," Pokerfuse reports.
"While it's widely agreed that average contributed is fairer than the original dealt rake method (which almost all poker rooms originally used), cynics believe it can still be exploited by short stack players. Indeed, this type of exploitation is possible since an average contributed rake system divides total rake paid equally amongst every player that has seen the flop, regardless of how much a player has individually contributed towards the pot.
"A weighted contributed rake system determines rake paid by calculating how much each player has contributed to the pot."
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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