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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."
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