The Truth About Online Poker Networks
March 24, 2010
The “poker network” concept was initially developed in the early days of online poker. Rooms thought that if they rented their software out to other companies and shared players it would cause the network to grow very quickly. For a time this seemed to work well but as with everything, money is the bringer of corruption. This is why I stick to the independent poker rooms that accept U.S. players.
The Cake Poker network is a good example of what happens when a online poker network goes wrong. Cake Poker started off as an independent poker room that was struggling with traffic issues. They decided create a network and open it upo to a wide variety of well known casinos and sportsbooks, so far so good!
With the influx of inexperienced, but well bankrolled, sports bettors at the Hold’em tables…. things got pretty crazy. Many players migrated to the Cake Poker network to take advantage of the easy money. So far it looks like their strategy worked out well.
The problems started a few years back when the people who owned the network got greedy. Greed has ruined many businesses, which is pretty apparent these days (the bailouts..ect).
Their standards on who they leased their software to dwindled away to nothingness. This lead to skins like Cardspike popping up. They basically took off with everyone’s money. Everyone thought that the Cake Network would step in and compensate players/affiliates/partners….which did not happen.
My rules of thumb with online poker networks is always stick to the flagship room. Cake Poker is obviously the flagship room on the Cake network.
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