Microgaming Changes Rake StructureTrue Value Method “One Of The Most Important Releases In Online Poker” |
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Online poker network Microgaming has announced a significant change to the way it allocates player rake.
The company says the True Value method allocates player rake to operators based on volume, activity and win/loss ration as well as giving a higher value to new players which incentivizes operators to engage recreational players.
The complicated method utilizes a “dual layer” system which apparently allows two rake allocation systems to work in tandem. It will be implemented across the network from July 1.
Head of Network Games at Microgaming, Lydia Melton, said, “This is our biggest release thus far this year, and we believe it is one of the most important releases in online poker.
“What sets True Value apart from other networks’ solutions to the valuation problem is that it uses a dual layer system, which does not impact the players themselves. Any players earning rake-based promotions, like bonuses, will clear those promotions at the same rate on True Value as on the current method.
“We are firmly on a path to creating a new type of poker network, and this is one vital step on that path, and follows on from the formation of the industry’s first Network Management Board last November.”
Microgaming is run by a Network Management Board and in late 2011 said it had increased player values by 15 percent.
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