Quote:
Originally posted by Ritch111@Dec 17 2005, 04:38 PM
I still feel that rakeback is where the market is going. Companies have already tried to cancel their rakeback programs, only to find the max exodous of players to a different room.
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Not anywhere I've seen. Sorry, but the reverse is plainly obviously true (people aren't fleeing Party to go to the old skins, its the other way around). The bigger get bigger and more powerful, and all the bigger cardrooms have no interest at all in rakeback. It's an bizarre concept (if they want to have lower rake, they can just lower the rake, duh).
Most of the rest of the bigger rooms are joining Party and the sites that have had good business models from the beginning (Paradise, Pokerstars). The desperate and marginal cling to rakeback as a hope to become competitive, but they don't. The fact that you can run a skin these days with little money means that marginal sites will continue with more outrageous efforts to gain player's attention, but that ignores the basic rule of running poker games, which is players mostly want good games. Everything else pales in comparison.