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  17-Oct-16, 04:32   #1
Phil Galfond announced to Launch a Online Poker Room 0 
hazeform 
Joined: Jan '11
Location: Germany
Age: 42 (M)
Posts: 506
For a long time, online poker community has been advocating for a group of high stakes pros to come together and start an online poker room whose management would actually understand the poker economy and focus on a player.
That’s why the announcement he made via his training site RunItOnce was met with an overwhelming approval from players and fans alike. As far as we can say, Galfond is the man of his word and keeps his promises. But this time, it’s really a big one.

In the post announcing his intentions, Phil Galfond explained that an ideal poker room should appreciate all types of poker players, from recreationals to semi-pros and hardcore professionals. All these groups bring something important to the table and should be respected for it.

Further, explains Galfond, although a site cannot cater to every single request or a wish from a player, it does need to balance between good business decisions and requests from the public. Transparency and accountability need to be at the core of an online poker site.

     
  17-Oct-16, 05:40   #2
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 51 (M)
Posts: 6228
It is good to see a new room in the making. But actually, i don't understand the excitement about a high stakes pro being involved in it. Last time, at FT, that didn't work out so well in the long run.

     
  17-Oct-16, 07:59   #3
  0 
doubletop777 
Joined: Mar '11
Location: United Kingdom
Age: 47 (M)
Posts: 5525
This sounds like a very good idea and i think that this will be successful. Phil Galfond has always come across as a very trustworthy and respectable guy, not to mention a phenomenal poker player, and i wish him lots of success in his venture

     
  17-Oct-16, 15:19   #4
  0 
pajalnick 

Joined: Mar '11
Location: Russian Federation
Age: 44 (M)
Posts: 2682
new room is always interesting ... but usually nothing particularly new there are no new showrooms ... but suddenly he had some sort of a good idea for your poker room and play it will be interesting? as I understand it, this is room only for the high-stakes players? then I go there the road is closed unfortunately

     
  17-Oct-16, 16:55   #5
  0 
Tony_MON7ANA 

Joined: Mar '14
Location: Japan
Age: 42 (M)
Posts: 4077
Phil Galfond has been a professional poker player for over a decade. He also runs his own coaching and training site. It is quite impressive that he has been consistently doing well in high stakes games both live and online. I can't wait for the grand opening!

     
  17-Oct-16, 19:33   #6
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 39 (F)
Posts: 10006
No matter who he is, if the site wont have what players actually need,
and can be competitive with the rest of the big sites, it will be just a fail.
They wont stay there, because its owner is a poker player, or a group if that matters.

     
  29-Oct-16, 00:20   #7
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4685
I just cannot wait until the gossip starts about super-users and your cards can be seen bugs etc. which will start eventually if somebody getting busted by pros or semi-pros on a site which was founded by pros and semi-pros.

     
  29-Oct-16, 06:55   #8
  0 
IceQueenAce 
Joined: Feb '13
Location: United Kingdom
Age: 40 (F)
Posts: 2195
I don't see what it will offer that any of the other sites don't tbh.


     
  29-Oct-16, 15:49   #9
  0 
TheMachineQC 

Joined: Apr '10
Location: Canada
Age: 27 (M)
Posts: 2080
I like Phil galfond as an ambassador though. Guy is smart and really down to earth. But yeah that doesn't mean corruption can't occur.

For me what would make me go play on a site is lower rake. I can't stand 10-12% rake. This is what makes the game hard to beat and everybody knows it. If you lower it, then you have more ev+ players, and in the long run your traffic will increase. I can't believe nobody tried a 5% rake room yet. I would go there in a heartbeat, because in the long run rake is what eats your BR.

     
  29-Oct-16, 17:58   #10
  0 
IceQueenAce 
Joined: Feb '13
Location: United Kingdom
Age: 40 (F)
Posts: 2195
Maybe you answered your own question.

Poker sites want to keep costs as low as possible so they get more traffic. Maybe at 5% it just isn't doable.
Most poker sites these days make their money from the casino side of things

     
  29-Oct-16, 18:20   #11
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 39 (F)
Posts: 10006
The poker sites make more money with the added casino games,
bit i dont think that at least for the big ones like poker stars or party poker, this is their
main source of income. Its just an addition to it, and the amount must be significant.

     
  29-Oct-16, 18:59   #12
  0 
pochui 

Joined: May '08
Location: Lithuania
Age: 32 (M)
Posts: 8618
"For a long time, online poker community has been advocating for a group of high stakes pros to come together and start an online poker room whose management would actually understand the poker economy and focus on a player."

really?

     
  29-Oct-16, 20:59   #13
  0 
IceQueenAce 
Joined: Feb '13
Location: United Kingdom
Age: 40 (F)
Posts: 2195
I believe party poker makes WAY more from sports than poker, and its mainly a poker site.

Poker sites these days use poker as a way to get custom, then try and get people using sports.

http://www.gvc-plc.com/html/investor/news/archive/2016/...

     
  29-Oct-16, 23:53   #14
  0 
bowie1984 

Joined: Apr '12
Location: Hungary
Age: 32 (M)
Posts: 4685
Posted by pochui:
"For a long time, online poker community has been advocating for a group of high stakes pros to come together and start an online poker room whose management would actually understand the poker economy and focus on a player."
really?

Yeah, I never knew I wanted this until it came alive Big Smile

     
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