The End of Rakeback – The rise of PokerStars and Full Tilt
Posted on January 24, 2010 by John Trevors for Luckyroom.com
The term has widely been mentioned lately as more and more online poker rooms and poker networks are putting an end to this beautiful concept; Now lately we have been informed about end of any remaining rakeback accounts at ipoker rooms in an attempt to cut down the costs and make the network more liquid with the most surprising news being ipoker room VC Poker (a brand going under the popular Victor Chandler) literally kicking out winning players.
Now after the implementation of the Fish Vs Sharks ratio from ipoker and of course Swedish poker network Boss Media (IPN Poker) it seems that it is yes the end of rakeback from European facing poker rooms. The word has spread and it seems that small internet poker rooms powered by Boss Media are in massive arguments with their software provider as the new Fish Vs Shark rule brought to surface is creating poker skin owners heart attacks when they see their loyal players winning.
The upcoming gaming conference in London will bring things to surface and of course news to twitter as it is predicted to be one the nastier meetings this industry has ever recorded. Poker skin owners are awaiting to meet their network owners and get an understanding why they have decided to kill their businesses and of course they expect to get an answer about all these changes which are forcing players to migrate to larger networks like Party Poker, Full Tilt Poker and PokerStars which all offer rakeback or rakeback equivalent deals and don’t really mind if you are winning or losing.
Recently it has been announced that Poker Ducks has officially closed down and insider industry rumours say that Blonde Poker will be closing soon were as mentioned above VC Poker threw out its winning players, not to mention that a series of ipoker facing skins will be soon announcing merges or padlocks on their sites. Now what comes next; What is sure is that rakeback is one way or the other way history at ipoker skins; and we do surely predict that it will be removed from Boss Media facing poker rooms as heat is rising with penalties posed to site owners for having too many winning players. The IPN Network (International Poker Network) is going through a campaign to help liquidity and save its soul from the big boys.
It is well mentioned that IPN have also delayed the delivery of their new software version to site owners leaving them approximately a millennium behind industry standards set by Ultimate Bet Poker, Full Tilt Poker and of course PokerStars. It is only realistic to say that the following six months will bring this industry upside down with a major series of liquidations which will put a big bad closed sign on the door of many European facing poker rooms.
New players interested in poker rakeback can view all the available offers which are currently offered through direct rakeback deals or loyalty programs which are rakeback equivalent at our poker rakeback section.
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