Microgaming Poker Network to Release Rake Allocation Method
This was published 16-06-2012Leading online casino software company, Microgaming, has announced that its Poker Network is in the process of implementing an innovative new rake allocation method to be known as “True Value”.
True Value will work in two ways with the first method allocating player rake to operators based on activity, volume and win or loss ratio in place of the usual methods which work only with volume.
The new True Value method will also result in increased value being given to new players which should encourage operators to absorb, retain and reactivate recreational players.
Another important fact is that the True Value valuation is done in such a way that the players themselves will not be aware of it.
True Value will be implemented by Microgaming by using a dual-layer system that will not impact players. This method is done by laying one rake allocation method immediately above another with both working in real time and maintained by data in operators’ business solutions. This method will ensure that players will be valued in the correct manner without alienating them.
Lydia Melton, Microgaming;s head of poker network games, commented on the forthcoming release of True Value by saying that it is their biggest release so far this year and that they truly believe that True Value is one of the most important releases in online poker.
Lydiaalso claimed that “What sets True Value apart from other networks’ solutions to the valuation problem is that it uses a dual layer system, which does not impact the players themselves. Any players earning rake-based promotions, like bonuses, will clear those promotions at the same rate on True Value as on the current method.”
True Value is due to go live across all operators on the Microgaming Poker Network on Sunday, 1 July, 2012.
Microgaming developed the first true online Casino software over a decade ago and since then has led the industry in providing innovative and reliable gaming solutions to over 160 market-leading gaming sites all over the world.
