Sunday, 8 January 2012

WTH Stars?

I don't know what's going on at Stars lately. The following is my opinion:

  • Turning your back on the system that made you what you are by switching to Weighted Contributed to reduce VPPs and FPPs given to nearly all higher volume and/or winning players in order to give back more VPPs but only a small fraction of lower value FPPs to losing players who in all likelihood don't really care about getting a >$0.003 increase on the value of their 10k annual VPPs.
  • Snap "responding to player input" to remove the mitigating, helpful rake changes after delaying the announcement for 2 weeks because they were "undecided," resulting in all of us getting screwed over for a month before anything is done in a completely unnecessary Isle of Man meeting where player reps are going to be required to sign an NDA which I can easily see resulting in the creating of scapegoats. I still don't know how you go about altering your entire business plan overnight when it apparently took you the better part of 360+ days to figure out in the first place.
  • I was originally contacted to be a player rep but declined because this can easily be done with online meetings and the only sensitive numbers that may need to be seen are VIP tier breakdowns, I honestly do not care exactly what Stars' bottom line or business plan is, so I was unwilling to waste the player pool's time in order to potentially come back with nothing and not be able to legally explain the situation.
  • Nanonoko being allowed to exceed the 24 table limit in order to set a most hands profitably played in 8 hours Guinness World Record, which according to the Stars Blog may be open to other players in the future. In my opinion, if this is supposed to stand as an official record, lifting the table limit is an absolute must otherwise it's the same as letting me set the 100m record starting at the 20m line. That's obviously going to result in a further surge against the fish:reg ratio which is already in tatters on most of the site at a time when winrates are at an all time low to go with the massive reduction in rakeback value.

If this is all part of some sort of make poker as close to a breakeven game for regs business strategy, then well done. Otherwise this is just an absolute gongshow of terrible policy change after terrible policy change. I could understand if this was anyone else, but it's so disappointing after being able to put them on this better than the rest pedestal for so long.

What makes this worse, and most likely possible, is the fact that they control the vast majority of the market leaving players with nowhere to go. I don't think any of this would be happening if FTP was still around.

And if you ever wanted to give the new FTP a golden opportunity, this is it. I think a lot of players are starting to reconsider their stance of snap-withdrawing their FTP money as soon as GBT gets it up and running. I never thought I'd say this, but I know I for one will definitely be giving them a shot if they are at all similar to what they were in late 2010.

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