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Old 11-27-2007, 05:50 AM
DCJ311 DCJ311 is offline
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Join Date: Dec 2004
Location: Las Vegas, NV
Posts: 859
Default Re: 1-table S&Gs - your feedback requested

Also to answer one of the questions, why does Stars charge 90x the rake for a $2100 sng compared to a $15 sng. The response I got from Stars was something to the extent of:

" If a player deposits $3000 and wins a $2100 sng then immediately withdraws, the deposit/withdrawal fees affect us a lot more than it would for a lower stakes player to win and withdraw, and makes it nearly unprofitable to offer SNGs. "

Obviously a ridiculous statement for many reasons, since Pokerstars could easily make a requirement that a player has to obtain a certain # of FPPs before being eligible for a 'free' withdrawal. Otherwise stipulate that the player has to incur the cost of the withdrawal himself. This is so standard in the online sportsbook industry, and would eliminate all problems. Also I doubt many people are depositing with the intention of only playing one SNG.

Also, this response shows me that they care more about players who deposit once or twice, rather than long-term customers. Otherwise why would they punish us by increasing rake to compensate for the deposit/withdrawal fees of SNG 'win-quitters'?
Furthermore, this example is basically the same as a guy taking $2500 to a 25/50 NL table, running it up to 10k, and immediately withdrawing. The odds are about the same as placing in the top two of a 9 player SNG. The only difference is in this example he will pay vastly less rake per hand.

BTW I do not have a problem with MTT rake since the rake/hand is way better than in a SNG.
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