Will we not get additional information on first deposit bonus, client download etc. before the tables actually go live Nick Steiner ? It's Wednesday in a couple of hours for most of your market and we're still completely in the dark :D
Feb. 5, 2019 | 9:48 p.m.
Quido I agree of course that comparing the poker business to MMOs is not very helpful, but you're the one who brought up WOW and their 10$ model so I wanted to adress that. I'm not really trying to convince you to do anything either way, if you think the rake on RIO is unreasnonable and STP is not fun, then just don't play. I'm just trying to give you some arguments for why I think it's not as bad as it may seem.
I would also disagree with your point that logistics are so so much easier for Poker sites in comparison to MMOs. Sure the programming of the base game and server infrastructures for massive communities is super hard and is among the most challenging things that are done technically in the online realm, other aspects may actually be more complex for Gambling operators. There is a different level when it comes to financials, law in each country or region, licensing, security etc. when compared to ordinary gaming.
Also consider that the team has been working on this site with no revenue for 3 years and is not instantly going to have huge player bases even in a best case scenario! And as it was pointed out above revenue != profit. Thanks for participating in the discussion :)
Feb. 5, 2019 | 12:11 p.m.
Quido when WOW was at peak popularity, they had 12 million monthly subscribers to the game. This was around 2010. This means that Blizzard had a cash flow of 120 million dollars coming in each month to fund their game and studio. Averaged out over the year it's still around 11 million subscribers, 1.3 billion dollars that year in subscribtions. How many concurrent players are there in online poker globally? 500k?
Pokerstars as the biggest site by far has an average player count below 150k! We are literally speaking about a 100 fold difference in players. Now add to that that a new site like Run It Once poker will have a tiny slice of the online poker market and think again how much money they need to generate from their player base. Now I'm not saying there is no room for your criticism on how high the rake is, but your scale is just completely unrealistic and ignorant as to what needs to happen in a business like this.
Feb. 4, 2019 | 11:40 p.m.
Hey again Matthias Schüller , to verify whether or not Trustly works for me I just tried to deposit a small ammount using the service onto other pokersites. I was looking at Party and Stars first and was not able to even choose Germany as my country with Party even though they offer Trustly in their Cashier to me. In the hopes that it's just a mess up on Party's site I tried the same on Stars and it worked quick and flawless there! Hope you guys will have it implemented correctly so that I can get my money on your site :)
Feb. 4, 2019 | 8:45 p.m.
Hey Matthias Schüller , I honestly wasn't even aware how Trustly works as it's not a common payment option in my circles, so thanks for clearing that up! I'll most likely try Trustly out on Wednesday then and report back :). Much success with the site!
Feb. 4, 2019 | 8:03 p.m.
Thanks for the reply Nick Steiner ! While this is how paysafecard works in most countries with Skrill, specifically in Germany some law against money laundering unfortunately prevents depositing onto Skrill with paysafecards. As a feedback for easy depositing options for germans in the future, maybe look into the following 3 that are also availiable on Stars right now and are very convenient for anyone with just a bank account and no credit card: 1. ' sofortüberweisung.de ' 2. ' giropay' 3. Paysafecard directly .. Thanks again and until Wednesday :)
Feb. 4, 2019 | 7:50 p.m.
Hey Matthias Schüller , can you go into the deposit options for germans? Will you have paysafecard availiable on wednesday, as it's the quickest to get money on a site without needeing to verify an account anywhere first? Thank You :)
Feb. 4, 2019 | 11 a.m.
Splash the pot is certainly a very cool and unique concept. If I'd have to critique the system then the main thing that comes to mind is that bad players could be at a strong disadvantage when it comes to rakeback. While you advertise that it's 51% for ALL players, you demand winning those splash the pot hands to actually profit from the rakeback system. Recreational players might get frustrated with not winning those pots and thus getting very little rakeback.
This is just a theoretical concern however and it should be analyzed whether or not heavy losing players are getting enough of a cut from splash the pot hands as to not frustrate them about how the system works. Very good and thoughtful work, Phil and team :)!