July 1 due date for launch of 'True Value'
An announcement came this week from the Microgaming Poker Network that it is to release what it claims to be a revolutionary new rake allocation method called True Value on July 1.
It has been specified by the company that True Value allocates player rake to operators based on volume, activity and win/loss ratio, while traditional methods do it only on the volume basis. It also claimed that the new calculation gives greater value to new players, which thereby encourages operators to acquire, retain and reactivate recreational players, without them noticing it.
What’s more, the company said it seeks to avoid affecting players, so it will implement True Value using a dual layer system, which lays one rake allocation method directly on top of another. It is said that the final result will be a method that correctly values players without alienating them.
According to Microgaming's head of poker network games, Lydia Melton, “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," she claimed. "Any players earning rake-based promotions, like bonuses, will clear those promotions at the same rate on True Value as on the current method."
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