Cash points payout so low?

kidwiz10

Am i the only one who thinks that since theyve changed the payout system its a joke?

This aint a winge or what not and i know ppl will be saying its free take it bla bla but you try play most days 14 hour days then get back to me.

Anway just been on phone to priority about the cash return as i check it every month just to see what the return is as its all fluffed if you ask me.

20,000 im on the return £511? now i think this is shocking big time when last year it would have been nerly double that return and hearing that honestly just makes me not want to grind anymore ,

I know you should play for profit which i do but the cash return is always a big incentive to grind or otherwise i wouldnt do the hours i do.

But just feel that the payouts now are so bad compared to before that it isnt worth actually goin for the big scores anymore.

Anyone care to put there input on this

FlashFlush

I don't play the volume I used to anymore, so it doesn't really affect me anymore. I do agree the payouts are lower for the top grinders, that you can't argue.

There was a discussion about this when it first changed. The reason for this, with the number of poker players decreasing, the focus for poker sites now is to bring in new players rather than keep feeding the top players. That's why you don't need to make 500 points to get cash back anymore. Of course they want the grinders to stay, but they need new players coming through who could eventually become grinders themselves.

Think of it as shaving a bit off your bonus to give to rec new 'weaker' players. We all know you should be making more through playing than rakeback, so in the long run, it will be beneficial to you.

hhyftrftdr

Sure it ain't a whinge?!

FlyingDagg

And it also now rewards the lower stake MTT players who previously got nothing as 500 points was out of reach.

kidwiz10

In Response to Re: Cash points payout so low?:

Sure it ain't a whinge?!
Posted by hhyftrftdr

Okay maybe slightly lol

kidwiz10

In Response to Re: Cash points payout so low?:

I don't play the volume I used to anymore, so it doesn't really affect me anymore. I do agree the payouts are lower for the top grinders, that you can't argue. There was a discussion about this when it first changed. The reason for this, with the number of poker players decreasing, the focus for poker sites now is to bring in new players rather than keep feeding the top players. That's why you don't need to make 500 points to get cash back anymore. Of course they want the grinders to stay, but they need new players coming through who could eventually become grinders themselves. Think of it as shaving a bit off your bonus to give to rec new 'weaker' players. We all know you should be making more through playing than rakeback, so in the long run, it will be beneficial to you.
Posted by FlashFlush

Hey flash yea i remember that discussion , 

Just feels like its that much of a loss even if they are trying to get more players in but i just dont see how someone who earns 500 points makes that much difference to the site in all honest.

But yea was just curious to why the change was so big that it does have an effect tosome degree

thax for your input.

GaryQQQ

As pointed out by FlashFlush more money now goes to the recreational and low volume players at the bottom of the pyramid. Until the changes were made most of them, including me, were getting zero.

This is good news for you because it keeps the poker economy healthy, and most of that money will still trickle up to those at the top of the pyramid anyway.

Bending over backwards to keep the relatively small number of high volume grinders happy while neglecting the vast majority of players who are low volume net depositors would be a disasterous policy, the games would eventually dry up. The more balanced way the rakeback cake is sliced up is much fairer now than it was before imo.

Tournament fields have been growing lately and several guarantees have been increased. I'm convinced the switch from C4P to Rewards is partly responisble for this. I don't play cash, so I have no idea if the cash player pool has also seen similar growth. I'd be surprised if it hasn't.

kidwiz10

In Response to Re: Cash points payout so low?:

As pointed out by FlashFlush more money now goes to the recreational and low volume players at the bottom of the pyramid. Until the changes were made most of them, including me, were getting zero. This is good news for you because it keeps the poker economy healthy, and most of that money will still trickle up to those at the top of the pyramid anyway. Bending over backwards to keep the relatively small number of high volume grinders happy while neglecting the vast majority of players who are low volume net depositors would be a disasterous policy, the games would eventually dry up. The more balanced way the rakeback cake is sliced up is much fairer now than it was before imo. Tournament fields have been growing lately and several guarantees have been increased. I'm convinced the switch from C4P to Rewards is partly responisble for this. I don't play cash, so I have no idea if the cash player pool has also seen similar growth. I'd be surprised if it hasn't.
Posted by GaryQQQ

Yea i see what ur saying just for players like me and has had an impact its different for the much higher stakes players as it wont make to much difference.

But for thos who have to put in stupid hours to achive these sort of points (donttelmum) eg has a big impact.

But sky wouldnt have changed it without reason so if its for the benifial of te site then guess thats okay lol

NAILS01197

kidwiz how you get that much return for 20k pp
I made 22600 point in December and only got a return of 460.77 which I think is pathetic btw

chicknMelt

mtts get you less cash per point han cash does. Kidwiz must play more cash than u.

1267

In Response to Re: Cash points payout so low?:

In Response to Re: Cash points payout so low? : Yea i see what ur saying just for players like me and has had an impact its different for the much higher stakes players as it wont make to much difference. But for thos who have to put in stupid hours to achive these sort of points (donttelmum) eg has a big impact. But sky wouldnt have changed it without reason so if its for the benifial of te site then guess thats okay lol
Posted by kidwiz10

Basically a handful of players, you've named 2 lose out due to the new changes.  Whereas hundreads if not thousands benefit from the new system.  Like Gary said above, the money from the bottom of the pyramid all just filters up through the levels anyway.

If only a handful of these players then grow to love the game, deposit, talk to friends, make more people play, more people deposit.  Happy days.

kidwiz10

In Response to Re: Cash points payout so low?:

kidwiz how you get that much return for 20k pp I made 22600 point in December and only got a return of 460.77 which I think is pathetic btw
Posted by NAILS01197

Hey mate i play cash but have got most of my points from stt/mtt so i guess this is why , 

Also its so confusing as my games varie every month so never no where i am on the return front so i check this to decide wether to carry on playing or not

Yess it is a very bad return and looks of it you would have to get 34kish to get around the £1k mark which is just a bit to much to ask lol.

thefa1lacy

I'd like to know why a 3.30 DYM is 3 points, when a 1.15 is 2, a 2.25 is 3 and a 5.50 is 5. So why wouldn't the 3.30 be 4 points?

That's bugged me since I joined the site 2 years ago.

thanks in advance 

spinky6108

In Response to Re: Cash points payout so low?:

I'd like to know why a 3.30 DYM is 3 points, when a 1.15 is 2, a 2.25 is 3 and a 5.50 is 5. So why wouldn't the 3.30 be 4 points? That's bugged me since I joined the site 2 years ago. thanks in advance 
Posted by thefa1lacy

I think its because the buyin on a £2 DYM is 15% = 0.25p and the buyin on a £3 is 10% =0.30p

thefa1lacy

In Response to Re: Cash points payout so low?:

In Response to Re: Cash points payout so low? : I think its because the buyin on a £2 DYM is 15% = 0.25p and the buyin on a £3 is 10% =0.30p
Posted by spinky6108

Ok thanks for that.

Donttelmum

I brought this up when rewards started and got an instant backlash for suggesting I didn't like it.  I'm hundreds worse off in rb each month and am now playing alot less here.  Its a shame as I like to play  all my poker on the same site but it doesn't make sense to anymore.  Will get shot down with remarks like its not all about you' etc etc and of course I know its not,and realise its vital for sky to attract new players but not only do high rakers get alot less rb but alot like me are struggling to get used to the new software.  I've gone from paying £3k - £5k in rake a month to £1k.  I'm now playing less on a different site but getting more rb.  Why do I stay here?  I love sky poker and everything that goes with it.  Community, TV, presenters/analysts, old software, SPT's are all great but at some stage the money has to matter.

kidwiz10

In Response to Re: Cash points payout so low?:

I brought this up when rewards started and got an instant backlash for suggesting I didn't like it.  I'm hundreds worse off in rb each month and am now playing alot less here.  Its a shame as I like to play  all my poker on the same site but it doesn't make sense to anymore.  Will get shot down with remarks like its not all about you' etc etc and of course I know its not,and realise its vital for sky to attract new players but not only do high rakers get alot less rb but alot like me are struggling to get used to the new software.  I've gone from paying £3k - £5k in rake a month to £1k.  I'm now playing less on a different site but getting more rb.  Why do I stay here?  I love sky poker and everything that goes with it.  Community, TV, presenters/analysts, old software, SPT's are all great but at some stage the money has to matter.
Posted by Donttelmum

Hey DTM yea i dont blame you i wont be grinding that much again for that return if you can get it much better elswhere,

Its as bad as doin a job to find out you havent been payed! lol.

But ill still play on sky of course there aint a better site but to go for these big returns (points) its really not worth it as its not benefical in anyway.

Diminuendo

Hey Kid

I think lambert180 wrote a post a few weeks ago explaining how the rewards system works now so if he reads this he might be able to bump it for you mate.

kidwiz10

In Response to Re: Cash points payout so low?:

Hey Kid I think lambert180 wrote a post a few weeks ago explaining how the rewards system works now so if he reads this he might be able to bump it for you mate.
Posted by Diminuendo

Hey fella yea i just took a look still bit hard to work out what you get since its all changed , 

So now i just ring priority to check it for me 

thx for your help

ACEGOONER

Rewards has been discussed to death on here but its not surprising that this comes up time and time again. 

Kidwiz, for the record you are roughly £400 worse off for getting 20k points than you would have been under the old cash for points system a few years back. In principle the idea of distributing the rewards to recreational players makes sense. BUT, how much of that actually finds its way down the poker chain and how much ends up in the pockets of the RTR players/SP itself. 

The problem with the rewards program is lack of transparency, if you play a mixture of cash/sngs and mtts unless you keep detailed records its nearly impossible to work out your rewards. The widget is useless beyond 10k points when in the past you could see exactly what your rewards payment would be.

Sky is unique in that it has a loyal customer base. A lot of players like sky because of the community aspect, tv programs etc etc. They do, however, have a fine line to tread with the grinders that put in a lot of volume. Get it wrong and you end up losing the players that give the site the most profit. There are several sites that can smash skys 20% rakeback for bronze priority out of the water. When you are talking about the best part of £5k loss (in comparison with the old loyalty scheme and assuming 20k points per month )over a year for a lower stakes grinder, that is something that has to be considered when selecting a site to play on. 

huuuuume

In Response to Re: Cash points payout so low?:

Rewards has been discussed to death on here but its not surprising that this comes up time and time again.  Kidwiz, for the record you are roughly £400 worse off for getting 20k points than you would have been under the old cash for points system a few years back. In principle the idea of distributing the rewards to recreational players makes sense. BUT, how much of that actually finds its way down the poker chain and how much ends up in the pockets of the RTR players/SP itself.  The problem with the rewards program is lack of transparency, if you play a mixture of cash/sngs and mtts unless you keep detailed records its nearly impossible to work out your rewards. The widget is useless beyond 10k points when in the past you could see exactly what your rewards payment would be. Sky is unique in that it has a loyal customer base. A lot of players like sky because of the community aspect, tv programs etc etc. They do however, have a fine line to tread with the grinders that put in a lot of volume. Get it wrong and you end up losing the players that give the site the most profit. There are several sites that can smash skys 20% rakeback for bronze priority out of the water. 
Posted by ACEGOONER

What also needs to be considered is the number of players who now have a 2nd/new account to pick up on the rake bonus they were going to miss otherwise.