The GGPoker High Stakes Poker boycott has been hot news after the poker site's recent rake increases. Is more rake better? High stakes pro Phil Galfond has thoughts and more!
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The rake on GGPoker was already almost 10 times that of the competition at the high stakes, but has recently been nearly doubled!
This change sparked notable high stakes poker pros to coordinate a high stakes poker boycott, where the players moved all of their action over to other poker sites to show their dissatisfaction.
Micro stakes, low stakes, and mid stakes online poker players have been dealing with high rake for decades, but have also had the option of outsized returns to make up for it.
How does this affect you if you aren’t an online high stakes poker pro?
What costs are associated with high stakes online poker?
Has a high stakes poker boycott been successful in the past?
These questions and more are answered today!
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Two Plus Two discussion thread: https://forumserver.twoplustwo.com/29/news-views-gossip/ggpoker-rake-massive-increases-high-stakes-community-mass-boycott-1820662/
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00:00 More Rake IS Better?
00:34 GGPoker doubling High Stakes Rake
01:53 Can this boycott work?
04:01 Costs and Viability of High Stakes Games
06:36 What is GG trying here?
09:41 Is GG trying to help recreational players?
10:26 Rake Example #1
12:31 What does GGPoker think is going to happen? Example #2
14:43 High Stakes without the Pros? Example #3
16:28 Unbeatable Games / Low Edge Games
17:17 "I'm scared once again"
18:04 The poker dream: Why we need winning players
19:35 Why haven't other Poker Sites done this?
20:50 What does this mean for the future of online poker?