The iPoker Network is the 3rd biggest online poker network in terms of traffic right now. iPoker has done a great job of creating an online poker room that many poker players love. In recent news, the iPoker Network has just announced that they will be changing the current rake model on March 1st 2012. The change won’t be completed for over a month still, but players should understand the changes that will be made to the current rake calculation model used by the iPoker Network.
Current iPoker Network Rake Model
Right now the poker sites on the iPoker Network calculate the way VIP Points are rewarded based on the “Average Contributed” rake method. The average contributed method rewards each player that makes it to the flop with an even share of the VIP Points given out during the hand. This method is better for players that play a lot of flops and will definitely affect the rate that certain players will be able to earn VIP Points on the iPoker Network in the future.
New iPoker Network Rake Model
The new rake model that will be implemented on March 1st 2012 is the “Weighted Contributed” method. This method has been used by several other big poker rooms recently and seems to be the best method for the majority of players. With the weighted contributed method players will be rewarded VIP Points based on how much money they put into the pot. If you put 30% of the money into a pot you’d be rewarded with 30% of the VIP Points handed out for that hand.
If you have a VIP plan on the iPoker Network you may notice that your earnings will start to be different in March. The weighted contributed method won’t make much of a difference for the majority of players and some players will even see an increase in the amount of VIP Points they earn while playing. The average contributed method had some flaws and the weighted contributed method won’t have the same flaws since every player earns VIP Points based on exactly how much they put into the pot.
PokerStars also made a recent change to the weighted contributed method and many players were upset. The reason they were upset was because the weighted contributed method spreads VIP Points around more to casual players. Many of the grinders at PokerStars were upset because there loyalty program rewards would be lower. Overall the weighted contributed isn’t that bad and most players will find that they earn just as much or even more than normal through iPoker VIP deals.