Stand back
Oct. 14th, 2005 07:43 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
peterbirksFrom today's Bloomberg:
(Bloomberg) -- St. Elias Mines Ltd., a Canadian gold-exploration company whose stock has fallen almost 60 percent in the past six weeks, issued a statement threatening to identify and sue people who, it says, post defamatory comments on the Internet.
Scumbags. E-mail these people now. Tell them what you think.
So, here we go, this is what I think is going to happen in the next few weeks in the online poker world. If anyone at Empire, Party, Noble Poker, Prima, Eurobet, Intertops or Expekt wants to take legal action, well, I'll see you in court, you besuited jobsworth nobodies.
Empire is going to pull its players off the Party Gaming network, leaving Eurobet customers even more lonely. It will migrate its customers to the Noble Poker software system. Meanwhile, Expekt is going to quit the Prima network and join Noble. This will have some impact on Prima in that Expekt has a large number of Scandinavian fish crossover players as Betfair used to have before the multi-table grinders destroyed them at all levels above $1-$2.
This could have some plusses for Empire (in case anyone thinks of having a dabble at 80p or thereabouts). Still offering rakeback, good deposit bonuses and a supply of Nordic recreational players should bring back some serious multi-tablers, which boosts the rake, at least in the short term. Whether it's good news for Expekt I am not so sure. But, hell, it's their call.
Party is maintaining its player action. Looks like most players will accept the reduced bonus system. There were fewer multi-tablers around last night than there had been in weeks before. I suspect that these guys were marginal losers without the rakeback.
What will be interesting to see is how the sub-humans running the Party system adapt their bonus offers depending on whether or not you reach your "target". The guess is that they will ease it upwards, offering a bit more cash for a bit more play. I would like someone at the next Party Gaming press conference to ask CEO from hell Richard Segal how this ties in with encouraging "responsible gambling" (plus, of course, the Blackjack and Sidebet bars).
I really hope everything blows up in Segal's face. OK, the founders have taken the "fuck you" money, but this CEO looks like a suited marketing horror. I don't think he has an ounce of online gambling in his body. Every player is a prospect with potential earn, a bit like sales per square feet. Seeing people like that fail is always a pleasure.
I await the lawyers' notes with interest. But I can tell you the reply now, fuckheads.
Screw you.
Elsewhere, Betfair is going to postpone its IPO until it can show some (hopefully) sparkling figures after next year's World Cup. Explanation? The anticipated super-revenue from online poker has vanished in a puff of smoke as nearly all the new players who moved to the poker tables from Betfair got destroyed. This left less money in these players' Betfair accounts. Which meant less money for the broker (Betfair) on ordinary trades. Bummer, huh?
Pete
(Bloomberg) -- St. Elias Mines Ltd., a Canadian gold-exploration company whose stock has fallen almost 60 percent in the past six weeks, issued a statement threatening to identify and sue people who, it says, post defamatory comments on the Internet.
Scumbags. E-mail these people now. Tell them what you think.
So, here we go, this is what I think is going to happen in the next few weeks in the online poker world. If anyone at Empire, Party, Noble Poker, Prima, Eurobet, Intertops or Expekt wants to take legal action, well, I'll see you in court, you besuited jobsworth nobodies.
Empire is going to pull its players off the Party Gaming network, leaving Eurobet customers even more lonely. It will migrate its customers to the Noble Poker software system. Meanwhile, Expekt is going to quit the Prima network and join Noble. This will have some impact on Prima in that Expekt has a large number of Scandinavian fish crossover players as Betfair used to have before the multi-table grinders destroyed them at all levels above $1-$2.
This could have some plusses for Empire (in case anyone thinks of having a dabble at 80p or thereabouts). Still offering rakeback, good deposit bonuses and a supply of Nordic recreational players should bring back some serious multi-tablers, which boosts the rake, at least in the short term. Whether it's good news for Expekt I am not so sure. But, hell, it's their call.
Party is maintaining its player action. Looks like most players will accept the reduced bonus system. There were fewer multi-tablers around last night than there had been in weeks before. I suspect that these guys were marginal losers without the rakeback.
What will be interesting to see is how the sub-humans running the Party system adapt their bonus offers depending on whether or not you reach your "target". The guess is that they will ease it upwards, offering a bit more cash for a bit more play. I would like someone at the next Party Gaming press conference to ask CEO from hell Richard Segal how this ties in with encouraging "responsible gambling" (plus, of course, the Blackjack and Sidebet bars).
I really hope everything blows up in Segal's face. OK, the founders have taken the "fuck you" money, but this CEO looks like a suited marketing horror. I don't think he has an ounce of online gambling in his body. Every player is a prospect with potential earn, a bit like sales per square feet. Seeing people like that fail is always a pleasure.
I await the lawyers' notes with interest. But I can tell you the reply now, fuckheads.
Screw you.
Elsewhere, Betfair is going to postpone its IPO until it can show some (hopefully) sparkling figures after next year's World Cup. Explanation? The anticipated super-revenue from online poker has vanished in a puff of smoke as nearly all the new players who moved to the poker tables from Betfair got destroyed. This left less money in these players' Betfair accounts. Which meant less money for the broker (Betfair) on ordinary trades. Bummer, huh?
Pete
Party "loyalty" bonus
Date: 2005-10-14 07:41 am (UTC)Maybe I'll just get my BR up to an amount worth pulling and leave.
JG
Keep blogging.
Re: Party "loyalty" bonus
Date: 2005-10-14 10:48 am (UTC)I'd rather go with stackable bonuses that count for tournaments as well. Pokerstars and BoDog. Any other suggestions ?
But at the end of the day I'm a tournament player and I'd rather support sites like Crypto/Betfair and Blue Square who kick money into tournamnents regularly.
Andy.
Re: Party "loyalty" bonus
Date: 2005-10-14 11:33 am (UTC)On the plus side, while slowly working off the bonus (it's a pig) you are also accumulating Ultimate Bonus points, and these can be used for the occasional $5 entry, $1000 guaranteed tournament (1,250 bonus points is an alternative entry fee). Perhaps unsurprisingly, Ultimate does not advertise the availability of this very loudly.
Alternatively, you can buy a Phil Hellmuth baseball cap (illegal to wear in Arizona, I understand) or save up the million points needed to buy a Harley.
The free market will work for or against Party. They don't like to admit it, but they need high-volume players, even if they are winners. The recreational players just don't play enough (or on a sufficient number of tables) to sustain the Party business model. If the targets they set are too rigid, then they will lose a number of the marginal players who were knocking out 30,000 hands a month.
Re: Party "loyalty" bonus
Date: 2005-10-14 04:52 pm (UTC)The 300 UB bonus $'s I have "Will never expire" according to the email they have just sent me, so you should be ok. Although I'm not sure I'll have cleared them by the end of the yr!
On the subject of Party/Eurobet, I've just been mailed by EB offering 50% reload upto $200, to be cleared in 30 days. It looks like I need to play 1000 hands, which sounds fine. Although EB has been "home" for my limit play for the past year or so, I've not played there since the split so am unsure what the state of play is on the 1/2 - 5/10 tables.
Finally, Bet365 are offering $100 if you play 500 raked hands this month (1/2 limit or higher). Just taken me 4/5hrs of multitableing the 1/2, with 5/6 tables generally running.
Gl
Rob
Re: Party "loyalty" bonus
Date: 2005-10-14 11:42 am (UTC)I like PokerRoom and the bonus points that you turn into free tourney entries - if the player numbers would pick up a bit.
I suspect I won't chase any more Party bonuses and if I have another bad night like last night may conclude that chasing this one is futile.
JG
The Skins
Date: 2005-10-15 09:23 am (UTC)I've read a lot of negative comments regarding the Noble client though I've never actually downloaded and run it myself. Empire would be smart to realize this, though their own goals are probably the same as party's in streaming poker player money into unbeatable casino games via their own propietary platform. I think all the skins would be smart to move to crypto or prima, with crypto being preferred as it seems to have a larger base. One thing is for sure and that is that if party dumped them out of the common tables it is only a matter of time before they refuse to renew the skins' contracts to run on the party platform. It would behoove all of the skins to make every effort to do so quickly before the first jumps ships and further degrades the common player base. The last to take action will be getting out of the poker biz entirely most likely.
BluffTHIS!