Pokerstars Increases Rake. The End of the Professional Poker Player?

By:
oopa11  Get RSS Feed For Pokerstars Increases Rake. The End of the Professional Poker Player?
Dated:
31 Oct, 2014
Tagged:
poker , pokerstars
2 Comments

This morning I woke up to find that my passion, career, and the way I support my family has been put in serious jeopardy.  Before I get into it, a little background on myself.  I have been playing poker professionally for 7 years.  I have learned more in these 7 years than any school or job could have ever taught, and I have poker to thank for that.  Poker has allowed me to travel, meet unique fellow poker players from around the globe and start two businesses. Most importantly, it gave me confidence. For the first 18 years of my life, I tried many different activities, jobs, and hobbies but never found that one thing I was naturally good at. When I found poker, specifically the heads up sit and go format, it was a “ta-da” moment. I was good at this, I had found my calling.

When I heard that Pokerstars was bought by Amaya last June I was very excited and optimistic. For years, Pokerstars set the golden standard on how a successful and trustworthy online poker site should conduct business. I have played on all the sites, yet as of today I only play on one, Pokerstars. When Black Friday hit, and other sites went belly up, Pokerstars paid me out immediately. When I got disconnected and lost a buy in, they would send it back because they truly cared about their players.

For nearly four years, I have patiently waited for online poker to come back to America.  I watched the bullshit bureaucratic state governments (New Jersey, California) start and stop the process of a regulated online poker market, basically creating an artificially barrier for Pokerstars to enter the market because Pokerstars was too big and they wanted the pie to themselves.  With the sale to Amaya, Pokerstars would finally be allowed to enter the market and American poker players would now have a champion on our side. A true class act that would lead online poker back into the states.

Boy was I wrong!  With poker, you train yourself to notice patterns and tendencies. Here are some of the changes Amaya has implemented since purchasing Pokerstars in June for $4.9 Billion.

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Comments

  • nutbreaker
    nutbreaker (2 years ago)

    Thank you for sharing your blog. I really don't know what to say about the recent changes or how it is going to affect Poker going forward. They for sure set the industry standard and that standard seems to be falling. What bugs me about the changes is that only people that read forums know about it. I think they owe it to the customers to send an email about changes in rake.

  • nutbreaker
    nutbreaker (2 years ago)

    Looks like the players won this bluff match. Stars has rethought this :)

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