Ok, so another new upgrade, and another attempt to force more people to sign up for premium membership. All attempts so far have not really worked as there are still only a small handful of people signed up, however this latest attempt may have actually worked.
Before i give my reasons for this line of thinking, i should mention that i believe making the whole site premium would be better, but thats a different topic.
Previous benefits that premium members enjoyed were not really worth the fee, by this i mean changing chat colour and being able to withdraw at $25. This latest upgrade is different. Players who are not premium members are now at a distinct disadvantage to premium members.
Lets look at the cash games, non premium members now have to pay a rake on the $5/$10 tables and over, and are only aloud to sit with 50% of the balance. How you can have players playing in cash games where some are paying a rake and others not is completely beyond me, and as for the limit on 50% of balance, well i heard it explained as 'bankroll management', i nearly dropped my laptop when i heard this!! Why not just admit its part of your attempt at making more people pay for premium. Also surely its up to the individual to decide how much they sit with.
Another feature is the statistics. This again is only available for premium members, and again leaves non premium players at a disadvantage. Of course the information can be collected by yourself, but takes a while to do.
I still think this latest effort at making more sign up will again fail. If you look at the cash tables now most players are playing on the lower stakes tables, thus avoiding the rake. The bigger tables that have been introduced like the $100/£200 and £200/$400 tables have been dead. As for players sitting with only half their bankroll, yes they will moan for a few days, but they will learn to accept it, rather than pay the membership fee.
So why are players not willing to pay the membership fee? Simple it is to expensive when you consider how much they win. Lets take the annual subscription, $71 i believe, thats 7100 freeds. Now lets look at the money winners list. I think my point is made. There are only `118 players who have won 35000 freeds and over. Players under this amount you are asking them to pay more than 20% of their entire earnings, and some have taken years to accumulate this amount. Lets say someone who has 35000 freeds has been a member 2 years, premium membership is now 40% of there winnings, nearly half!! If you look at position 323 on the list 14000 freeds thats now 50% of winnings if you sign up for the year, and looking at the names around this area of the list, some have been playing over 18months, maybe 2 years, now your talking about premium membership costing you all your winnings!!
The site needs to be a subsciption site, where everyone pays, the payouts increase, and everyone is playing on an even playing field.
Just a foot note here, but maybe you should let everyone have a 2 week 'free' trial of the premium membership, if its as good as you say, people may be inclined to sign up after it runs out. Also do the moderators get free premium membership? if so maybe you should think about putting a limit on the length of time they are able to remain mods, in order for others to be able to get a chance.