Rakebackbank
Chico Network Rakeback Cancellation
You may have already heard the most unpleasant rumors that the Chico poker network plans to remove rakeback for all new and registered players from April 1, 2021. Unfortunately, they were confirmed and the poker rooms of the network (Tigergaming, Sportsbetting and BetOnline) will no longer accrue RB for their game.
How will the changes affect profit?
From now on, the main advantage in the network will be profit from the game itself, deposit bonus, participation in races and completing missions.
Why are portals reducing bonuses?
This is how the platforms increase their own profits. Chico is not the first to cut regular rake payments, drawing the attention of its audience to other promotions and deposit bonuses. Yes, part of the audience will move to other networks, but there are fewer and fewer generous offers in the conditions of the poker market economy.
For a large number of regular players, poker has long ceased to be a gaming platform and has become a serious source of income. In order to reduce the financial burden and compensate for lost profits, playrooms are forced to deprive regular players of certain privileges and bonuses. Having received a balance between random guests and registered ones, the room stabilizes profits and withdrawals.
The bottom line for players
In fact, Chico continues to cut its loyalty program. The first step was to ban converters for trackers (this cut off the ability to use third-party software and bypass the network rules), the second point closed the advantages of affiliates in rakeback deals. The entire mass of players is now on equal terms. Previously, other poker rooms have already implemented a similar method of depriving privileges to preserve their income – GGpoker, PokerStars.
There are 2 completely natural options for users.
1. Change the poker room. Current attractive bonuses and high rakeback are available in the network of IPoker and Winning. You can get good rakeback on a weak field at PokerBros and PPPoker.
2. Stay in the previous network. Due to the possible outflow of players due to the reduction in bonuses, competition will decrease.
