PokerStars increases rake for low buy-in MTTs. Coin Poker responds to Alex Weldon’s report on poker traffic. Check out these stories and more in the Tuesday Hit and Run.
PokerStars Hikes Rake for MTT Buy-ins Below $20
It looks as though another rake increase is in store for PokerStars players. On Tuesday, PokerStars announced that beginning on March 26th the poker room would increase rake on multi-table tournaments with buy-ins below $20.
Although the exact increase is not known at this time, the fee for the majority of low stake MTTs are currently 10%. While fees are increasing for lower staked tournaments, fees for Time Tourneys will be decreased.
As with any rake increase, player reaction to the changes has not been positive. PokerStars has defended the increases by saying various factors contribute to the rake hikes including “customer behaviour, commercial and promotional considerations, and the overall long term sustainable health of the ecosystem.”
In honor of today's @PokerStars rake increase targeting microstakes players, here's a highly relevant statement by @RealKidPoker. No, this isn't the old "more rake is better" clip. This is the rarely seen "less rake is worse" clip! pic.twitter.com/NZsDEZArSf
— Thomas Keeling (@SrslySirius) March 20, 2018
– Alex Weldon’s post on suspicious poker traffic at CoinPoker is receiving widespread attention in the poker world. Since Weldon’s original post, Coin Poker has acknowledged the issues and noted that they have banned three accounts so far.
– The UK Gambling Commission has made recommendations to increase consumer protections for the country’s online gamblers. Although the United Kingdom has traditionally been known for its “light touch” to regulations, the UK has recently put a new focus on consumer protections to minimize the risks from gambling. Check out the Pokerfuse piece for the full report.
— Kristen Bicknell (@krissyb24poker) March 19, 2018
– New York is one of the most likely states to regulate online poker during 2017. In our New York Online Poker FAQ, David Huber dives into some of the most frequently asked questions about the new bill.
– Fedor Holz continues his media tour as he talks with PokerStrategy about Primed Mind, self-improvement and poker.
– Jason Mo was on Joey Ingram’s Poker Life Podcast where the poker pro and Crypto enthusiast discussed a variety of topics including high stakes games, crypto and online poker. Check out David Huber’s time-stamped recap of the discussion.
– Yesterday we began our look back at the classic Grinderschool.com poker training series, “What’s Your Range,” where Carroters examines hand ranges for various scenarios. In the first episode, Carroters gives an introduction to hand ranges.