PokerStars Cancels Rake Hike
The 2015 year in poker is underway with the annual PokerStars Caribbean Adventure in the Bahamas and a much-appreciated rollback on rake increases.
2015 PCA Opens With Big Field in $100,000 Super High Roller
The 2015 PokerStars Caribbean Adventure is officially underway. Easily one of the most popular tournament events outside of the World Series of Poker, the PCA is held annually at the Atlantis Resort and Paradise Casino in the Bahamas.
Dozens of events covering multiple disciplines of poker are on the schedule giving pros and amateurs alike a great way to build their bankrolls for the year.
One of the premier events, the $100,000 Super High Roller, kicked off on Tuesday and drew a stacked field of 39 unique players. 22 of those players were forced to re-enter the event during the day, bringing the total number of entries to 61.
Sam Greenwood finished Day 1 as overall chip leader with 1.07 million. 2014 PCA Main Event runner-up Mike McDonald is right behind with 749,000.
Other players advancing through Day 1 include Andrew Robl, Erik Seidel, Jason Mercier, Justin Bonomo, David Peters, Jason Koon and Daniel Negreanu.
Registration will remain open until the start of Day 2 action on Wednesday.
PokerStars Cancels Rake Hikes
PokerStars came under fire in October after the announcement of a two-phase rake increase that saw the rake on some games increased as much as 150 percent.
The majority of those changes have now been abandoned and rake schedules returned to those prior to November 3, 2014. In a statement from PokerStars, they stated, "We will not increase any rake in 2015 other than in jurisdictions where we have already or will experience increased gaming duty or VAT."
The only exception to the rollback is Spin & Go events that have modest increases at all levels.
The rollback of rake rates is a welcome announcement to many in the poker community, including those at 2+2 Forums. Many users had protested the increased and multiple organized "Sit outs" were planned for PokerStars, but neither produced significant results.