Microgaming to introduce new rake model
"True Value" sees rake allocated based on a variety of factors, giving greater value to new players.
The Microgaming Poker Network is poised to debut its new rake allocation model, “True Value” on 1 July.
Under the new dual-layer system – laying one rake allocation method directly on top of another – the software provider claims it will allocate rake to operators “Based upon volume, activity and win/loss ratio.”
The system will give a certain value to each individual player, with new players holding a greater value, and the network expects this to encourage operators to attract recreational players.
However Microgaming’s head of network games Lydia Melton (pictured) explains 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.”
By emphasising the value of recreational players Microgaming is continuing a trend which began with the introduction of anonymous tables across its network, which includes the poker offerings of operators such as Ladbrokes, Unibet and Stan James.
Melton told eGaming Review that Microgaming’s network management board – set up in January with the intention of shaping the network’s development roadmap – was consulted with regards to aspects of True Value, however she stressed that “The decision to move ahead with this algorithm and implementation resided with Microgaming.”