Friday, May 05, 2006
World Poker Exchange
The other day I read a post on TripJack's blog about the World Poker Exchange (that is not any type of affiliate link). They offer a 100% rakeback deal, meaning that whatever you pay in rake on the hands you win you get credited back to your account on a weekly basis. There is even a special rake tracking section in the cashier window to show you what rake you've accumulated. It only updates at the end of a session. I'd prefer it to update after every hand that you won.
I have to agree with TripJax's description. Tables are semi-soft - several players push with second pair, etc. I've played the .10/.25 and .25/.50 tables and have generated a small profit even without the rakeback. I deposited $100 Wed. evening, and I'm up approximately $20.00 after 2 evenings of play. The biggest issue is finding a table to play. The traffic is so low there now that what tables have action are typically full. Last night I had to go on a waiting list on two different tables and wait a few minutes to get a chair at one. I know - wow, wait a few minutes, you poor thing - but I'm used to sites like PokerStars where there are always tables with open seats and have 80% of the chairs full.
TripJax also mentioned the guaranteed tourneys that have a good overlay - also due to the low traffic. I monitored the $1k guaranteed last night, and though I don't recall the exact final count it was definitely below the 100 required (at a buy-in of $10.00) to cover the guaranteed prize pool. I had planned to play in it, but the crowd got past the point that I felt I could finish it at a reasonable hour - assuming I finished in the money, that is.
How long will I keep playing at WPX? Not sure - I've only played there 2 evenings, and I miss PokerStars already. But that is typically the case when I try another site. I'm always comparing it to PokerStars and always finidng PokerStars to be better.
I have to agree with TripJax's description. Tables are semi-soft - several players push with second pair, etc. I've played the .10/.25 and .25/.50 tables and have generated a small profit even without the rakeback. I deposited $100 Wed. evening, and I'm up approximately $20.00 after 2 evenings of play. The biggest issue is finding a table to play. The traffic is so low there now that what tables have action are typically full. Last night I had to go on a waiting list on two different tables and wait a few minutes to get a chair at one. I know - wow, wait a few minutes, you poor thing - but I'm used to sites like PokerStars where there are always tables with open seats and have 80% of the chairs full.
TripJax also mentioned the guaranteed tourneys that have a good overlay - also due to the low traffic. I monitored the $1k guaranteed last night, and though I don't recall the exact final count it was definitely below the 100 required (at a buy-in of $10.00) to cover the guaranteed prize pool. I had planned to play in it, but the crowd got past the point that I felt I could finish it at a reasonable hour - assuming I finished in the money, that is.
How long will I keep playing at WPX? Not sure - I've only played there 2 evenings, and I miss PokerStars already. But that is typically the case when I try another site. I'm always comparing it to PokerStars and always finidng PokerStars to be better.
