PoolStars Fees
Quick question?
Based on the info below taken from PoolStars website do you think that the fees are a bit too much or are they in line?
Instead of a monthly membership fee, PoolStars takes a percentage fee from each game played based on the game's size. The fee is deducted from the pool after the buy-in is taken. The larger the amount of the buy-in, the smaller the percentage taken. Tournaments all maintain a flat 10% fee. The head-to-head single games are based on the sliding scale shown below. The fee is the same whether it is a race to five or a race to one.
Stake Fee percentage
$5 or less 10%
$5.01-$10 8%
$10.01-$25 7%
$25.01-$50 5%
All Multi-Player Tournaments 10%
They just had a money match - race to five for $5000. I guess that they take 5% from each player which means PoolStars took in $500 for that match. This seems way out of line to me.
I know they are a business and so on...... my question is what value does the ability to play pool online hold?
I mean if I compare it to a pool room then there is either hourly rates or a flat fee per game - but never a percentage of the bet (at least in 99% of places).
I just don't know that a poker style "rake" is appropriate for an activity that is heads up play.
Personally I'd like to join in the "for money" play but I find the fees to be too much as I am comparing it to what I would pay to go to a real pool hall and play for real.
Thoughts?
Quick question?
Based on the info below taken from PoolStars website do you think that the fees are a bit too much or are they in line?
Instead of a monthly membership fee, PoolStars takes a percentage fee from each game played based on the game's size. The fee is deducted from the pool after the buy-in is taken. The larger the amount of the buy-in, the smaller the percentage taken. Tournaments all maintain a flat 10% fee. The head-to-head single games are based on the sliding scale shown below. The fee is the same whether it is a race to five or a race to one.
Stake Fee percentage
$5 or less 10%
$5.01-$10 8%
$10.01-$25 7%
$25.01-$50 5%
All Multi-Player Tournaments 10%
They just had a money match - race to five for $5000. I guess that they take 5% from each player which means PoolStars took in $500 for that match. This seems way out of line to me.
I know they are a business and so on...... my question is what value does the ability to play pool online hold?
I mean if I compare it to a pool room then there is either hourly rates or a flat fee per game - but never a percentage of the bet (at least in 99% of places).
I just don't know that a poker style "rake" is appropriate for an activity that is heads up play.
Personally I'd like to join in the "for money" play but I find the fees to be too much as I am comparing it to what I would pay to go to a real pool hall and play for real.
Thoughts?
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