Top US Online Casinos
1. Jumba Bet Casino - $25 No-Deposit Bonus Plus a $1,200 Welcome Welcome package.
2. Bovada - Best bitcoin casino and massive welcome bonus worth 100% up to $3,000 Free.
3. Lucky Creek - 66 Free Spins Plus 166% up to $266 Free.

Microgaming to Change Rake Calculation for Online Poker Rooms

27 December 2009 by Devon Chappell
Poker_Chips

Microgaming Likes to Feed Fish to the Sharks!

I don’t know about you, but it kind of rubs me the wrong way when I hear that an online gambling company is actively looking for ways to make more money off of players. Now, I’m no spring chicken and I’m certainly not naive to the fact that online casinos are in the business of making money. Heck, that’s the law of the land for any business. For that matter, I understand there are lots of operating costs for online casino operators, and that finding ways to maximize return is essential to staying in business.

However, when a casino is already making good money, but still finds it necessary to bring in even more revenue, even if it means stealing from the poor, so to speak, that doesn’t sit well with me. In fact, it prompts me to take my business elsewhere, no matter how “large” of a free cash bonus is being offered. Perhaps this is a little extreme and high-minded. Believe me, I know I can be a snob. So, let me share with you where I’m coming and going with all this, so you can judge for yourself about the workings of doing business in the online gambling sector.

Microgaming, which initially started off as a developer of online casino software (consequently helping found the online gambling industry), has since developed a thriving poker network fittingly called the Microsoft Poker Network. But it’s apparently not thriving enough. Microgaming recently announced it will be changing the method of rake calculation (effective January 6, 2010) from that of splitting pots between the total number of players to what is called the weighted method, which calculates rake per room proportionally to the amount of wagers players contribute to every pot.

What this means is that more loose, casual players will help generate more return for poker rooms in Microgaming’s network. Microgaming’s decision to change their rake calculation essentially incentives poker rooms to encourage casual players to participate more in poker games. Although that could mean more winnings for casual players, the reality is that casual players who tend to be forthcoming with their bankroll, tend to lose more overall.

And that, my friends, is great news for card sharks, in addition to the poker networks who are following suit to adopt this new method of rake calculation. These now include the Boss Media network and Bodog, both of which impose fines on poker rooms whose payouts exceed stakes by more than 99.8%. Although Microgaming isn’t going to that far of an extreme, it is hardly probable Microgaming would be making these rake calculation changes if Boss and Bodog were not leading the way.

Like I said, business is business, and overall, the players themselves should not be adversely affected. It’s just kind of disappointing that Microgaming would sink to the depths of Bodog and make revenue growth the bottom line.

Tags: , ,

4 Responses to “Microgaming to Change Rake Calculation for Online Poker Rooms”

  1. Bette Deruso says:

    What is Rakeback?

    • Devon says:

      It’s the cut a poker room takes from the pot. In other words, it replaces the House Edge.

  2. rakeback poker says:

    Hey, I really enjoy seeing up with what people have got to think about poker and all sorts of the news.I’ll be popping by in some days to see what else you have to say.

  3. Edward Jones says:

    Online Poker giants Full Tilt and PokerStars to assist in “Aid to Haiti” by allowing players to donate from their accounts. Great News.