Party Poker Changed From Dealt To Contributed Rake
RakebackSafe.com News August 25 - 2011
Party Poker has just changed how they calculate rake paid by players.
From 24th of August 2011, Party Poker and the whole PartyGaming network including Empire Poker and WPT Poker, has moved from Dealt Rakeback to the weighted Contributed Rake formula. The rake caps in the higher limit cash games has also been raised to $5 max. Even though Party Poker does not offer rakeback, they do have a VIP cashback system based on points. This will now mean that a players rake or points is directly related to the amount that they contribute to the pot.
Party Poker has always used the dealt rake method in the past since 2001, which was based and calculated evenly by all players at a table, no matter if they contributed to the rake or not. This move by Party Poker will hurt tight players a little, and reward loose players a little more, compared with before 24th of August 2011.
Update: August 26th:
After a mass "sit out" protest organized by players on major poker forums, Party Poker has decided NOT to implement the planned $5 rake cap on games from $3/6 up to $10/20. A Party Poker rep. announced that: "The entire proposed change of rake cap increases has been reversed" !
New players signing up at Party Poker through RakebackSafe.com will receive 100% up to €/$500 signup bonus and upto 50% in return from PartyPoker´s in house VIP program.
Don't miss out on this great promotion, sign up with Party Poker now !
Previous RakebackSafe.com News Topics:
- Intertops Poker 26 Day Endurance Challenge
- Carbon Poker Reload Bonus August
- Intertops Changed Domain From Com To EU
- Carbon And Cake Poker Reload Bonus
- All RakebackSafe.com News - 2011
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