ITH Poker Forum

[Pokerfriend]

Hello there

I have been playing 5 weeks at worldpx.com now. This site offers 100% rake back (I mean, ALL OF THE RAKE THAT HAS BEEN GENERATED) and refunds the rake every Monday into your player account. Honestly, I had problems to believe this is true when I read about 5 weeks ago during my vacation in Las Vegas. After I returned home, first thing I did was opening my account and I started playing. And believe me: It works! And the games are fair and good!!!

However, there are a few things that seem to be strange to me:

First, there are not more than 1500-1600 players online, even during the peak hours. This does not bother me at all, but it's a bit strange. Partypoker and Stars have over 60,000 players online at nights, and they rake 5% from the people. The points you get at Stars are a bit better than the Partypoints, but overall the non-rake back sites are technically much more sophisticated. However, how much are you willing to pay for that privilege on playing there?

WorldPX.com has daily guaranteed tournaments that mostly always have a 20% add-on prize pool. On top of it, the tournament fee will also be returned to you by Monday. So could it be any better than that???? I don't think so.


The only thing that needs improvement, that's the software. Sometimes you are being disconnected, but there has never ever been any problems with the money, and the cash-outs work fine, although you are limited to 1 cash-out every 10 days.

WorldPX works profit free and is trying to get players to their site in order to some of them playing some black jack or perhaps putting some wagers in their sister sports book, wsex.com.

I really think it's time for all Partypoker players and players who are paying heavy rake on other sites to try out this phenomenal and revonutional rake free site. I am quite surprised how come there are only 1000-1500 players online under such great conditions.

1x/month there is a 25,000 guarantee tournament for 50 dollars buy-in, but hardly ever they have more than 170-175 players! So that's another heavy overlay. And not speaking of the countless daily tournaments with add-on money.

And on top of it, there is an extra promotion on Wednesday: Aces cracked wins!!! If you're playing 2/4 and your A-A loses, you get 25 Dollars. If you play 3/6, then your AA cracked pays you 50 Dollars, and in 5/10 it's also 50, but if your A-A lose in 10/20 and higher, then they pay you 75 Dollars. The promotion runs from midnight to midnight on every Wednesday. In order to get your money from your Aces cracked, all you need to do is email support and they usually credit your account within 60 minutes after sending your email.
The best of it: There is no rake being taken off the pot to funds this Aces-promotion. I sometimes wonder where all the money comes from for running the site and all the promotions. Obviously this company has major goals on the site and heavy financial backers who support the site. It's really terrific!!!

So guys, think about and check it out. It's definetely worth a trial ))))


Best wishes

Pokerfriend

[RiverCascade]

HI, PF, I'm glad to see you have 86 posts here or I might think you worked for them.

Thanks for the great site recommendation. I've heard many good things about this site and intend to join as soon as I have a couple of bonuses worked off... hopefully soon. I cannot imagine playing rake-free poker and can't wait to try it out.

Regards,

[Pokerfriend]

Hi

I can definetely assure you that I am NOT working for WorldPX However, I am a very big fan of that site because they are offering something to the players that I have not seen before. Ever!!!
The site rakes the regular 5% from the games up to 3 Dollars, using the standard rake menachism once the pots are over 5 Dollars (25 cents). If the pot is over 60 Dollars, there is no additional rake being taken out. However, the rake is being credited back to ALL PLAYERS THAT HAVE PARTICIPATED in the hand. Therefore, if let's say 9 players got dealt their initial 2 cards in hold'em and 1 player is sitting out, and now there is a game and 3 players go to the showdown , resulting in a 60 dollars pot and thereofre a 3 dollar rake, now the 3 dollars rake will be split up among the 9 players who were dealt in the hand from the beginning. that's 33.3 cents for each player.

Once you have registered your account you can see in the cashier how much rake you will get back on every following Monday. The rake is always being paid back for the full week that's passed. A player who is playing about 500 -750 hands every day in 3/6, he will get back approx 800 Dollars!!! that's about 3500 Dollars per month!!!
If you play 5/10 and play 700-1000 hands/ day, then your rake back should be around 5000 Dollars/month.

So nobody should be afraid that it's not working, as I have tried it out. And believe me: It works!!! Also the Wednesday promotion, "aces cracked", is a cool runner that gives you nice extra cash. Not talking about the countless tournaments with added-money. I don't know how much money they will invest in their promotions until they perhaps will go on 50% rake back or even less. Right now, however, it's 100% rake back, and that's the BEST DEAL I have ever seen on the planet. No other deal can beat this. Even if there are sometime errors in the software, the games are good And the rake back makes up for all sign-up or reload bonusses that you of course can't get in a no-profit site like this.

I hope this will help you understand how it works and help you trying it out some day. I remember that there was a big interview about this site and its promotion in the Card Player in May. You may read more about that's in the archive maybe.

Enjoy

Pokerfriend

[fep]

I've tried it out and can also verify it works. I've played very little there as the traffic was real light (about a month or two ago).

Can you make suggestions on when is the best time to play there for lots of schools of fish.

[fep]

I just gave it another try and...

I almost want to keep this place a secret.

I found a short- handed 2/4 limit table (they only have 9 handed tables at 2/4 but I sat at one with only 3 players that became 5 then 6 then 7).

And their rake schedule looks similar to other sites, at 2/4 it's 0.25 per every $5 of pot size capped at $2 for 4-5 players $3 for 6+ players.

Now get this, $15.68 in rakeback in 100 hands!! At 2/4!!

I don't know of any bonus that beats this for a 2/4 player.

[Pokerfriend]

fep

Yes it's about correct. 15 dollars in 100 hands of 2/4 shorthanded, that can be done with ease. As for me, I only play full ring games, 10handed that are 8 or 9handed at least and not more than 1 or two open seats for new players. The reason for this is because I play 3 tables at the same time and have to play tight. I think it's hard to play more than 2 shorthanded tables well enough to have a great edge and know what's going on.

And the second but most important reason is that you have to understand how the rake distribution works at Worldpx: They splt all rake among all players who were in the hand. Actually, by "in the hand" they mean, the players who have received the first 2 cards and not the players who have contributed money in the pot that resulted in the rake.

facit: the tight players have an edge over the loose players as they pay less rake then the loose players but get the same share from the loose players' action than the loose players get from the tight players' action. As a consequence, the loose players pay more rake than the tight players (which is always the case), but the tight players will get more rake back than they actually paid. That's probably the greatest fact of it all and my reason why I am playing the 10handed games and play them very tight )))

So far so good, time to go sleep now.


Pokerfriend

[WinAgain35]

I play there almost exclusively now. I'm amazed at how quickly the rake refund builds up. You'll occassionally end up on a super tight table, but just keep movin. I've noticed a couple of possible ITH handles at some of the tables.
Tonight I saw a "35o" playing at a 10-20 table and last night I saw someone named "icfishies" on a NL game... not sure if it's the same one who posts here or not.

[RiverCascade]

Joined and am getting ready to read the T&C and make my deposit. Any odd thing I should know about that someone has discovered already... like long cash-out times... roll-over first deposit before withdrawing rule... anything odd, at all?

[SOMEDAY]

i am truly shocked at how light the traffic at wpex has been. while 100% rake back may be hard to market to new players with little or no understanding of the true impact that the rake has on a players earn, it should be damn easy to market to almost every reader of every poker forum.

I cannot believe that more players are not showing there support for what wpex is doing. Its revolutionary, probably the single most important thing to happen in this industry from a players point of view. It saddens me to think that wpex could end this because alot of people didnt take the time to support the idea.

even if you find traffic low, and game selection poor, you should be supporting this idea on principle alone.

------------------------------------
rant over

[cybrarian]

even if you find traffic low, and game selection poor, you should be supporting this idea on principle alone.

Supporting the principle, and supporting this site because of that priniciple are two very different things.

I might give it a go, although if the traffic is light, am I better off there than playing elsewhere? If the software is poor, am I better off there?

If I 4-table NL $1000 6-max for 80 hours a week at 90 hands an hour, I can get $40k a month back, which would be nice, I suppose...

It saddens me to think that wpex could end this because alot of people didnt take the time to support the idea.

Looking at it from the business side, it appears to be some sort of loss-leader for the company; their hope is to cross-sell to other parts of their gaming empire. If I, and others like me, start playing there, I will not be putting any money anyplace other than at the poker tables. Which means it will be even more costly for them to continue the system as it is...

If they're not on a recognised network, but running their app standalone, 1000-1500 players is not that bad - give them time.

[SOMEDAY]

cyb,
surely to support the idea you have to support the site?

Also, I doubt that wpex is a viable option for many of us to use as the site where we spend the majority of our table time (though maybe one day it will be - and would that be awesome?), but i dont think it would hurt anybody to make a small deposit and play a small percentage of their playing time there.


Looking at the business side of it. I have to agree with you, i really dont think they are going to see much sports book action from the poker players. I think they are misguided if the thought process behing the introduction of 100% RB was that they would get it back via their sports book.

Maybe the fact that they hold your rake for a week before they give it to you is enough to turn a small profit? They keep the interest they make on all their players rakeback before they pay it back to them?

Maybe they just see it as a promotional tool and a way to expand their brand.

However they do it, i hope the can make it work longterm.

[cybrarian]

cyb,
surely to support the idea you have to support the site?

Not at all. I might think rake-free poker or 100% rakeback poker is the way forward, but if my mortal enemy started up a rake-free poker site would you expect me to sign up?

I don't have any mortal enemies, of course. Not that I'm aware of at least. But just because someone is offering rake-free, and I am in favour of rake-free, that doesn't mean I have to or want to sign up to their particular offering. That's all I'm saying. Like any new site, I want to weigh it up in its entirety before committing funds.

[MXRider]

There had been a post about WPex at another point and I had considered signing up but then there were some serious posts about bots and I pushed it aside. I may check it out again.

[Pokerfriend]

folks

Yesterday I played about 750 hands in different limits, up to 5/10. and when the night was over I had accumulated about 150 dollars more in rake than I had before!!!! My total RB for the week which started on Monday has reached 440 dollars so far, which is extremely good for me.

What's so amazing is the fact that without the rake back I would just be break even, but with the RB included I am up 440 dollars for the week. And that's exactly what's been missing in my bankroll until I found WorldPX!!!

And since they give you all of your rake back, there is no need to play 12 hours/ day anymore. With the rake you save you could also reduce your play time by 2-3 hours and still have a bigger edge than by playing at Stars or Party.
Something definetely came to mind when I saw how quickly the RB added up: All these other sites must make MILLIONS on our rake without actually giving us a decent return. The Partypoints are a joke!! It takes too long for a regular player until you can order up something of greater value. The 60GB Apple Ipod costs 100,000 (!!!!) partypoints, whereas you can get the same gadget at Pokerstars for just 26,000 VPP's!!! As a Supernova at Stars it would take you about 10-12 days to "earn" this Ipod, but takes months at Partypoker until you have your 100,000 partypoints together!!! That's just one example.

But then let's think it through from a different standpoint: Party and Stars let you play up to 8 or even 10 games simultaneously!!! And guess who are the players are who play that many tables? It's not the high limit players but the players in 3/6, 1-2, etc. And these are the folks who are paying the most rake percentagewise anyway!!!

I lost quite some money at Pokerstars recently before finding out about WorldPX. Today I play exclusively at World Poker Exchange and can say that my results have changed by 180 degrees!!! I won't play anywhere else unless they change the promotions. But I am also a bit concerned that they realize that perhaps not too many pokerplayers will spend their RB on Black Jack or in the Sports Book. Well, perhaps they make it up by the few who do.

Cheerio

Pokerfriend

[SOMEDAY]

Cyb,
Taking into account the fact that this poker site is backed by one of the nets biggest sports books suggests to me that peoples money will be safe. No one can be sure of course but i would be more confident putting money into a new site that has an established sports book or a casino backing it.

If people are using the fact that there are very few player playing there as an excuse for not playing there............. then we are dealing in ever decreasing circles. If every online player takes that attitude then it will never take off.

It should go without saying that nobody has to sign up just because its there. (or if it happens to be run by their mortal enemy, lol) I guess im having a hard time understanding why anyone wouldnt want to support this site.

Imagine if this site developed a player base similar to party or stars, imagine a poker site where every cent stays in circulation, stays with the players.........

cheers
SOMEDAY.