A lot of players have been complaining that in the tweet where SWC stated that the rake had been lowered, they neglected to mention that they actually increased the rake on tournaments. Has anyone heard anything about tournament rake increases or by how much it's been increased?
it looks like it was increased by less than 2%. I don't like how they went about it and they should have made an announcement about it for sure.
it's still lower than any other site tho.
I think it's a little more than 2%...5 chip tourneys went from 4.90 + 0.10 chips to 4.70 + 0.30 chips = 200% increase.
I was talking about the overall increase.. as in it went from ~4% to ~6% or something along those line.
also I don't believe the mini smooth was ever 4.9+.1, and if it was that's incredibly low.
whats the rake increase from 71.5+3.5 to 70+5?
I don't think that anyone actually gives a shit about them raising the rake on tourneys, I think they're more upset about how managment went about it.(which I agree completely.)
The site needs to be more transparent and honest with their players, noone wants to bleed the site dry(except maybe ernmcracken and razzle dazzle) and if the site is losing money then they need to be upfront with the situation and the loyal customer base will support it.
I wish the site was better too, I also wished that the old site would have used the boatload of promo money they had in the beginning more wisely(like not having a 7kchip-100chip buyin tournament that runs at 7 am in the morning and always overlayed for at least 2 coins.)
I also wish that they came up with a better name in the beginning and had a more professional attitude( I mean seriously, how hard is it to come up with the name betcoin?) when I first joined seals I thought it was a prank or something, its probably a big reason why we don't get more serious players.