SBC News Voice of the Sports Betting Industry
iGaming technology and platform supplier Playtech has announced that it has merged its two-tier poker rake system into one unit. Playtech’s iPoker network hopes to gain stronger player liquidity for its clients in the competitive online poker space.
Playtech poker management state that the merged tiers were approved following the successful introduction of its Source Based Rake (SBR) system this February.
The introduced SBR system focused on player contributions to the overall poker platform, basing its calculations on the players net rake contribution to the overall network liquidity, instead of simply looking at individual gross rake by player.
Using the SBR system Playtech can reward players that have contributed to cash within its poker system, by rewarding losing players and creating better development. Furthermore Playtech will reward a portion of the revenue winning players generate is traced back to the losing player and attributed to him instead of the winning player.
Joerg Nottebaum, head of iPoker at Playtech, said: “Since its introduction in February we’ve been very pleased with the new player valuation formula. It successfully addresses previous network concerns and opens the door for licensees to grow their poker revenues and invest in poker once again.
“The network today is far healthier with licensees focusing on generating genuine revenues with their own recreational player base instead of fighting each other on small margins for the biggest winning players.”
He added: “This is good news for our licensees and their players who will enjoy the benefits of a larger poker liquidity pool and, as a result, a wider variety and richer choice of poker variants.”
