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-   -   WSEX = RAKE FREE! (http://archives1.twoplustwo.com/showthread.php?t=78201)

Sintax 04-03-2006 04:41 PM

WSEX = RAKE FREE!
 
Dear World Sports Exchange Client:

World Poker Exchange is about to turn the online poker industry on its head. Starting today, we'll be completely eliminating the rake from the real-money games in our poker room, regardless of table limit or game type. This makes World Poker Exchange the world's only venue where it's completely free to play poker-and yes, that includes tournament play as well.

The house rake is poker's silent killer, and depending on how much you play you could be losing hundreds or even thousands of dollars a month. Use our handy rake calculator to see how much money you've been leaving on the table.

To start receiving the benefits of No Rake Poker, just sit down and start playing. If you have a World Sports Exchange account, you already have a poker account as well.

Each week, we will simply tabulate the total amount of rake that you contributed (including tournament fees), and return 100% of that amount to your account. You can transfer funds seamlessly between your sportsbook and poker accounts at any time.

We believe poker should be a fun, free service available to all our customers, rather than a means to "rake" them over the coals. With the advent of No Rake Poker, World Poker Exchange is now the only place where it truly pays to play.

Best Regards,
World Sports Exchange
www.wsex.com

Apathy 04-03-2006 04:42 PM

Re: WSEX = RAKE FREE!
 
What sites are on this network?

How do the sites make money?

adam denick 04-03-2006 04:45 PM

Re: WSEX = RAKE FREE!
 
They might be using no-rake poker as a way to attract people to their sportsbook, where they will make the money. Thats all I can think of.

Bellagibro 04-03-2006 04:46 PM

Re: WSEX = RAKE FREE!
 
let's see how the games are but wow RAKE FREE

Baulucky 04-03-2006 05:02 PM

Re: WSEX = RAKE FREE!
 
I don't like the fact that I can't get any rakeback.

Shakes 04-03-2006 05:03 PM

Re: WSEX = RAKE FREE!
 
I just downloaded their software, which looks nice. However, they are still collecting rake according to the graphics they are showing on the tables (i.e., there are still chips going into the rake). The ads on the software claim that the site is rake free also.

Nevermind... I just noticed the stipulation about collecting the rake and then giving it back.

RedWave 04-03-2006 05:05 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
I just downloaded their software, which looks nice. However, they are still collecting rake according to the graphics they are showing on the tables (i.e., there are still chips going into the rake). The ads on the software claim that the site is rake free also.

[/ QUOTE ]

I think they deposit the amount of rake you pay into your account at the end of each week.

jokerthief 04-03-2006 05:08 PM

Re: WSEX = RAKE FREE!
 
Can anyone confirm this? There has to be a catch somewhere.

JOEL_ 04-03-2006 05:08 PM

Re: WSEX = RAKE FREE!
 
They say at the end of the week they return 100% of your rake back.They take it out but then give it all back!
Hmmm........Looks legit.

Mikey 04-03-2006 05:08 PM

ITS TRUE YOU DONKEY!!!!!!
 
ITS TRUE YOU DONKEYS I got the same e-mail too!!!!!!

RikaKazak 04-03-2006 05:09 PM

Re: WSEX = RAKE FREE!
 
This is awesome if true, I'll be playing there right now, since party just went crazy.

bottomset 04-03-2006 05:09 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
I don't like the fact that I can't get any rakeback.

[/ QUOTE ]

[img]/images/graemlins/smile.gif[/img]

Mikey 04-03-2006 05:10 PM

Re: WSEX = RAKE FREE!
 
AWESOME!!!!!!!!! now I can finally WIN!!!!!!!!!! YOU SKUNK DONKEYS!!!!!!!

climber 04-03-2006 05:14 PM

Re: WSEX = RAKE FREE!
 
good timing for party to break

are there any games running?

Sponger. 04-03-2006 05:14 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
I don't like the fact that I can't get any rakeback.

[/ QUOTE ]

100% RAKEBACK!

Slider 04-03-2006 05:15 PM

Re: WSEX = RAKE FREE!
 
How good are the games? How many people are on the site normally?

ipp147 04-03-2006 05:16 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
Can anyone confirm this? There has to be a catch somewhere.

[/ QUOTE ]

Why?

They are hoping there will be some crossover from poker players to the sportsbook etc. The same way Party wants to convert us all to online casino players.

Apathy 04-03-2006 05:17 PM

Re: WSEX = RAKE FREE!
 
Ok Im signing up is there some sort of bonus code i should know?

d-baggery 04-03-2006 05:18 PM

Re: WSEX = RAKE FREE!
 
software looks pretty solid.

Shakes 04-03-2006 05:19 PM

Re: WSEX = RAKE FREE!
 
I have to wonder how long it will take for this to become the biggest rock garden out there though. With no rake, it shouldn't be tough to turn a profit, but I wonder if it will be any better than Party with rake, given the player quality.

At the moment, there's about one game going at each level in cash games (NL 10, NL 25, NL 200, .25/.50, .50/1, 1/2, 2/4, 3/6, 5/10, and 10/20), and each game looks relatively soft. The promotion or new permanent policy (whichever it is) has yet to make an impact it seems.

ilovebadbeats 04-03-2006 05:20 PM

Re: WSEX = RAKE FREE!
 
WSEX = RAKE FREE (which might equal) = they keep all your deposits and never let you cash-out
if Dutch Boyd is at all involved...lol

but, seriously, this sounds "too good to be true." It would sound more
true if they said they'd return 97 or 98% of your rake-back...it would have the same effect as doing 100%, plus they'd get to make
a little profit...but heck, if they want to give us back all 100%, then fine, I say!

there has to be a "catch" to this...(probably the games won't be great as
"fish don't care about rake" and all 2 + 2ers will be playing there...)

Shakes 04-03-2006 05:20 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
software looks pretty solid.

[/ QUOTE ]

It looks like Bodog's old software to me, just no avatars.

joseki 04-03-2006 05:21 PM

Re: WSEX = RAKE FREE!
 
anyone have a bonus code?

Josh11 04-03-2006 05:22 PM

Re: WSEX = RAKE FREE!
 
[insert russ boyd joke here]

Alobar 04-03-2006 05:23 PM

Re: WSEX = RAKE FREE!
 
How big was the player base before this change???

jokerthief 04-03-2006 05:23 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
[ QUOTE ]
Can anyone confirm this? There has to be a catch somewhere.

[/ QUOTE ]

Why?

They are hoping there will be some crossover from poker players to the sportsbook etc. The same way Party wants to convert us all to online casino players.

[/ QUOTE ]

Then why are they taking the rake out in the first place? Why not just not rake the pots?

Sponger. 04-03-2006 05:23 PM

Re: WSEX = RAKE FREE!
 
I just deposited the $139 I have in my neteller account into WSEX

d-baggery 04-03-2006 05:23 PM

Re: WSEX = RAKE FREE!
 
no 6-max? oooooooh, bad beat.

Shakes 04-03-2006 05:24 PM

Re: WSEX = RAKE FREE!
 
In terms of integrity of the site, WSEX gets very high ratings from sports book review (SBR), and SBR is extremely tough on their grading, so we're dealing with a very well-run site.

The SBR site may have details on a bonus code.

My opinion of the promotion overall remains the same: A "no rake" advertisement is not going to attract the kind of players we want to play against.

Alobar 04-03-2006 05:25 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Can anyone confirm this? There has to be a catch somewhere.

[/ QUOTE ]

Why?

They are hoping there will be some crossover from poker players to the sportsbook etc. The same way Party wants to convert us all to online casino players.

[/ QUOTE ]

Then why are they taking the rake out in the first place? Why not just not rake the pots?

[/ QUOTE ]

because fish are stupid and get waaay more excited about getting $200 transfered into their account every week than not noticing they saved $200. "OMG THE MORE I PLAY THE MORE MONEY I GET BACK!!!". Kinda the same way retards get excited when a site raises the rake because now they will be getting more rakeback. I actually think this is much better than just not having a rake.

Shakes 04-03-2006 05:26 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
Then why are they taking the rake out in the first place? Why not just not rake the pots?

[/ QUOTE ]

So when you go bust in their poker room, you at least have a reason to come back and dump your "rakeback" too... preferably in their sportsbook or casino.

Alobar 04-03-2006 05:30 PM

Re: WSEX = RAKE FREE!
 
How do they calculate rakeback for this? Is it like party, or is it like how much money they take out from the pots you win?

jokerthief 04-03-2006 05:32 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Can anyone confirm this? There has to be a catch somewhere.

[/ QUOTE ]

Why?

They are hoping there will be some crossover from poker players to the sportsbook etc. The same way Party wants to convert us all to online casino players.

[/ QUOTE ]

Then why are they taking the rake out in the first place? Why not just not rake the pots?

[/ QUOTE ]

because fish are stupid and get waaay more excited about getting $200 transfered into their account every week than not noticing they saved $200. "OMG THE MORE I PLAY THE MORE MONEY I GET BACK!!!". Kinda the same way retards get excited when a site raises the rake because now they will be getting more rakeback. I actually think this is much better than just not having a rake.

[/ QUOTE ]

Good point.

I just downloaded the software and the games look sparse but soft. I hope this site takes off. I don't even care if everyone there is a 2+2er, 100% rakeback is... well let me just say that if I were a chick I would need to change my panties.

heater 04-03-2006 05:35 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
WSEX = RAKE FREE (which might equal) = they keep all your deposits and never let you cash-out
if Dutch Boyd is at all involved...lol

but, seriously, this sounds "too good to be true." It would sound more
true if they said they'd return 97 or 98% of your rake-back...it would have the same effect as doing 100%, plus they'd get to make
a little profit...but heck, if they want to give us back all 100%, then fine, I say!

there has to be a "catch" to this...(probably the games won't be great as
"fish don't care about rake" and all 2 + 2ers will be playing there...)

[/ QUOTE ]

WSEX has been around forever. Huge sportsbook. 100% legit.

I see just over 1k players now. I really hope they put a lot of effort into promoting this. If they can fill enough tables, I will put in some time there.

Gregg777 04-03-2006 05:35 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
but, seriously, this sounds "too good to be true." It would sound more
true if they said they'd return 97 or 98% of your rake-back...it would have the same effect as doing 100%, plus they'd get to make
a little profit...but heck, if they want to give us back all 100%, then fine, I say!

there has to be a "catch" to this...(probably the games won't be great as
"fish don't care about rake" and all 2 + 2ers will be playing there...)

[/ QUOTE ]

If they can generate enough rake and deposit it into an interest bearing account, they can easily make some decent income.

Party generates how many millions a day? That's a ton of interest.

I could be completely off, but it is a reason for them taking the rake then giving it back, and also gives them a way to generate income.

Synergistic Explosions 04-03-2006 05:35 PM

Re: WSEX = RAKE FREE!
 
I played this site a year or so ago and the players were poor. This site actually had players so I don't know why they'd want to make it a free site. Strange.

Very good opportunity though to put some pressure on the major networks that have been raising rake regularly of late.

I'll def give it a second look now.

playersare 04-03-2006 05:36 PM

Re: WSEX = RAKE FREE!
 
WPEX was spectulated to have BOTS in the past (and I like tacos as much as the other vets, mind you). they seemed pretty beatable when I played there over a year ago, but maybe they're looking to test them out on some new blood.

SomethingClever 04-03-2006 05:38 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
because fish are stupid and get waaay more excited about getting $200 transfered into their account every week than not noticing they saved $200. "OMG THE MORE I PLAY THE MORE MONEY I GET BACK!!!". Kinda the same way retards get excited when a site raises the rake because now they will be getting more rakeback. I actually think this is much better than just not having a rake.

[/ QUOTE ]

That's a great point.

Sponger. 04-03-2006 05:39 PM

Re: WSEX = RAKE FREE!
 
I like how they just copied the rakeback calculator from cardcrusade. There are no 6max tables. Oh and also only 3 tables at a time? [censored] zzzzz

Synergistic Explosions 04-03-2006 05:40 PM

Re: WSEX = RAKE FREE!
 
[ QUOTE ]
WPEX was spectulated to have BOTS in the past (and I like tacos as much as the other vets, mind you). they seemed pretty beatable when I played there over a year ago, but maybe they're looking to test them out on some new blood.

[/ QUOTE ]

I was wondering how long it would be for an affiliate to begin a smear campaign.

Sick.


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