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  #541  
Old 04-09-2006, 08:06 AM
JOEL_ JOEL_ is offline
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Location: Don Quijote bajo la luna
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Default Re: WSEX = RAKE FREE!

BigBluffer,

I contacted support and they told me it runs from sunday to sunday.So today the 9th starts a new week.The meter today is lagging.All rake generated up until today will paid on Monday.
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  #542  
Old 04-09-2006, 08:11 AM
BigBluffer BigBluffer is offline
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Join Date: Aug 2003
Location: stuck two racks
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Default Re: WSEX = RAKE FREE!

[ QUOTE ]
BigBluffer,

I contacted support and they told me it runs from sunday to sunday.So today the 9th starts a new week.The meter today is lagging.All rake generated up until today will paid on Monday.

[/ QUOTE ]

JOEL, I know you're just reporting what CS told you, but I would certainly wonder why the rake meter now reads "Rake Economized Since April 10" which is Monday, if the new week does indeed start today, April 9?

Based on my previous contacts with WPEX CS, I wouldn't make any life-or-death decisions based on what they say. [img]/images/graemlins/smile.gif[/img]
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  #543  
Old 04-09-2006, 08:15 AM
JOEL_ JOEL_ is offline
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Join Date: Jul 2005
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Default Re: WSEX = RAKE FREE!

Yes, that is where the confusion is
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  #544  
Old 04-09-2006, 09:15 AM
Hoi Polloi Hoi Polloi is offline
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Join Date: Nov 2004
Location: workin\' the variance bell curve
Posts: 2,049
Default Re: WSEX = RAKE FREE!

[ QUOTE ]
What sites are on this network?

How do the sites make money?

[/ QUOTE ]

They keep the rake for a week so there's some investment income. But of course that's peanuts compared to just keeping the rake.
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  #545  
Old 04-09-2006, 09:19 AM
Hoi Polloi Hoi Polloi is offline
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Join Date: Nov 2004
Location: workin\' the variance bell curve
Posts: 2,049
Default Re: WSEX = RAKE FREE!

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
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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.

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

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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 ]

The site also gets to play with the money for a week.
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  #546  
Old 04-09-2006, 10:43 AM
Crix Crix is offline
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Join Date: Aug 2004
Location: Preston
Posts: 416
Default Re: WSEX = RAKE FREE!

[ QUOTE ]
I am supporting this site as much as anyone else but something REALLY weird happend not too long ago.10 handed 7 players sit out at the same time.Me and the other two begin to chat.The REALLY weird part of it is that I was in a 4 handed game as well where at the same time as the other table the other players sit out.
Now I have been playing there since their new promotion started unfortunately I have had too many disconnections so I slowed down a bit.Today they had an upgrade and I have had no disconnection issues.Then all of a sudden this happens.

[/ QUOTE ]

This happened to me today as well. I was playing at a table with 6 people at it and within a few seconds 4 of the six sat out. Me and the other remaining player played heads up for about 10 hands or so, then all of a sudden the 4 players who were sitting out left one-by-one in a matter of seconds. This is very concerning to me and I will be addressing it with WPEX. I just hope that they have invested in the level of security software required to prevent collaboration.
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  #547  
Old 04-09-2006, 10:49 AM
excession excession is offline
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Default Re: why even charge rake if you are going to give it back?

er - so they can put the accumulated rake money on the money markets until they have to pay it back and make some interest on it?
if their scheme takes off that could be a lot of interest over the year..
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  #548  
Old 04-09-2006, 12:06 PM
Mangatang Mangatang is offline
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Join Date: Dec 2002
Location: New Orleans
Posts: 752
Default Login Problem

I recently downloaded WSEX, deposited, and started playing. All of this was on my PC. Then I went to download the software onto my laptop. When I open the software, it comes up with an error message saying that it was unable to connect to the server.

I have no other problems on that laptop. I can get on the internet, and I can play on other poker sites.

Has anyone else experienced this problem, or know what could be causing it?
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  #549  
Old 04-09-2006, 12:14 PM
Shoe Shoe is offline
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Join Date: Jul 2004
Location: Follow me to riches!
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Default Re: why even charge rake if you are going to give it back?

[ QUOTE ]
er - so they can put the accumulated rake money on the money markets until they have to pay it back and make some interest on it?
if their scheme takes off that could be a lot of interest over the year..

[/ QUOTE ]

They can also keep everyone's deposits (or a large percentage of them) in a money market account, all the sites do this and already make a lot of money off of interest in addition to rake. So they still have interest income but no rake income. I supposed holding the rake for a week just prevents you from withdrawing it earlier, and it also makes it seem like you are getting a free bonus every week (since they obviously won't be able to offer reload bonuses and such without taking any rake).
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  #550  
Old 04-09-2006, 01:19 PM
GrannyMae GrannyMae is offline
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Join Date: Sep 2002
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Default Re: WSEX = RAKE FREE!

This happened to me today as well. I was playing at a table with 6 people at it and within a few seconds 4 of the six sat out.


when it is 6 handed, people will many times sit out close together. it is caused by one person sitting out, and then a couple of more not wanting to play short handed.


Me and the other remaining player played heads up for about 10 hands or so, then all of a sudden the 4 players who were sitting out left one-by-one in a matter of seconds. This is very concerning to me and I will be addressing it with WPEX. I just hope that they have invested in the level of security software required to prevent collaboration.


the players exited the game within seconds because the software dumps them from a table after a certain amount of time or missed blinds. if they sat out at approximately the same time, they will be dumped by software at same time.

these players did not exit game on their own.
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