Tag Archives: rake
- Change.org Petition Created to Remove WSOP Main Event Rake and Introduce Revenue Share Model
April 18, 2016
An investment banker has created a petition on Change.org urging World Series of Poker officials to remove the rake on their $10,000 Main Event, and create revenue sharing models for other tournaments. In 2012, teenager Trayvon Benjamin Martin was shot and killed by neighbourhood watch volunteer George Zimmerman in Sanford...
- PokerStars Make Sharp U-Turn on Rake Changes
January 7, 2015
PokerStars have made a dramatic U-turn on their plans to make wholesale rake changes across a wide variety of games on the site, whilst still passing on some of the cost to players emanating from countries that have introduced new EU VAT laws. If you want to earn my respect,...
- Ultimate Poker to introduce winner-take-all rake system
July 23, 2013
Online poker site Ultimate Poker is bucking the trend with its rake attribution system after announcing that it would begin to use the "Winner Takes All" (WTA) system once it rolls out its VIP rewards system. The move towards a WTA system isn't unprecedented; PokerStars briefly flirted with the idea...
- Americas Cardroom cuts rake; FTP cuts Red Pros; Winamax inks Lopes
November 28, 2012
Just weeks after it raised its P2P transfer limits, US-facing online poker outfit Americas Cardroom has lowered its rake. High-stakes tables ($20/40 or over) will see the pot-grab reduced from 5% to 1%, while at the other end of the scale, the rake on $0.02/0.04 games will now be capped...
- PokerStars to Full Tilt Poker’s former affiliates: no soup (or money) for you
October 16, 2012
Things certainly must be hectic down at PokerStars’ Isle of Man headquarters. The company is preparing to launch its new software client (lucky number seven) and chief among its aims is – in the words of Lee Jones, PokerStars head of Home Games – ending its reputation as “not the...
- Microgaming introduces new rake system, ends Italian ‘virtual voucher’ program
June 16, 2012
The Microgaming Poker Network, which includes such operators as Ladbrokes, Stan James and Unibet, will introduce a new rake system dubbed ‘True Value’ on July 1. While the precise formula by which rake will be calculated isn’t clear, Microgaming claims True Value will allocate rake to operators using a formula...
Italy’s online gambling market now second largest in Europe
April 12, 2017
Italy’s online sports betting growth outpacing retail wagers
September 8, 2017