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Microgaming Poker Strategy Changing
1/5/10 - Today (January 5th) will see the start of a new policy at the Microgaming Poker Network, according to several reliable sources. Observers say the policy is designed to encourage online poker sites on the network to bring in more "fish" (less experienced and therefore more likely to lose than win) players to ensure that the balance between deposits and withdrawals moves closer to the former.
Poker News, commenting on the move, reports that beginning January 5th, MPN will move from the contributed method of rake calculation, in which the operators’ rake is calculated by splitting pots between the total number of players, to the weighted method, whereby rake per room is generated proportionally according to the amount that individual players contribute to each pot.
"Although this may sound confusing to most people, it essentially means that it pays for Microgaming skins to attract players who are more likely to redeposit when they loose their cash playing.
In other words, the sites recognize they won't make money from successful players who cash out winnings over the long run," is how the poker information site interprets the policy.
The Microgaming Poker Network is not the first to move in this controversial direction; the general strategy has been extensively and publicly debated by operators for some weeks and is already being implemented by major networks such as Boss Media's International Poker Network, Playtech's iPoker network and the Bodog network, which penalise skins with higher withdrawal than deposit ratios. The Merge network is also reported to be pursuing a similar policy.
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Gambling News :
Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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