So What do You Think Of PokerStars’ Reported Plan to Offer “Equity Cashouts” When All-In?
New leak suggests a curious new "all-in insurance" idea could be coming to the world's largest online poker room.
How would you like to “cash out” when you’re all-in—taking your fair share of cash from the pot when you’ve put all your chips in the middle, side-stepping the run-it-twice nonsense, skipping the whole drag of “dealing out a turn and river and seeing who wins” of poker and just getting on with the next hand?
It could well become a reality. F5’s older, wiser (and much more expensive) subscription-only sibling site Poker Industry PRO exclusively reported this week that global online poker giant PokerStars is readying a major new product update with some curious new features.
Among the set of product updates apparently on the way there’s the copycat (throwable objects at the tables is the domain of 888 for the last decade) the catch-up (stack size in big blinds seems long overdue) and the exciting-if-not-shocking (short deck spin and gos seems like a no-brainer).
But one really has our interests piqued: The idea that the operator will offer players an “all-in cashout” functionality at the cash game tables. While details are scant (or, well, non-existent), the supposition here is that when all-in, players can instead opt to “cash out” their equity. Here’s how PRO explains it:
While details are sparse, based on a recent survey sent out to some players and on the new files updated in the online poker client last week, there is reason to believe that PokerStars could soon introduce the concept of allowing players the opportunity to cash out based on their equity when facing an all-in situation in a cash game.
For instance, if a player moves all-in and is 90% favorite on the flop in a pot size of $100, he or she can choose the option to cash out $90—minus a premium which PokerStars will presumably charge from the player.
We’ve seen ideas like this before, but usually as features provided by a third party (remember InsuredPlay?). GG Network is the only real money online poker network today that offers “all-in insurance” built-in. This works a bit differently: Here, players pay a small premium, so in the unlikely case they lose an all-in when a favorite, they get their money back.
The PokerStars initiative suggests something a big different: You “cash out” and take money regardless of the outcome.
So, if the system is implemented like this, what do you think? It would reduce variance, naturally, which can be good for both pros and recreational player alike. Its kind of like “run it twice” on steroids, but rather than just deal a couple of boards, it effectively deals every combination of possible boards—so you always realize exactly the equity you have.
Potentially it could only be triggered if all players in the pot of “all-in cashout” enabled (much like how Run it Twice works today). Or maybe it will be specially designated tables?
Of course, the devil may well be in the details on how much (if all all) of a surcharge the Red Spade adds on top of the service.
Let us know what you think over on Twitter!
PokerStars US Set to Shake Things Up With a Team of New Ambassadors
The team of content creators behind NextGen Poker will join ambassadorial ranks at PokerStars US to provide a unique coverage of operator’s live events.
Lucky Player Wins $413K The Deal Jackpot at PokerStars
A lucky player from Ireland caught the big jackpot spin, while all other PokerStars players who participated in the Deal in the last 12 hours banked $31 each.
Follow PokerStars on Twitter & Claim Free WCOOP Tickets
All PokerStars account holders have daily opportunities to win WCOOP tickets without risking a single cent.
PokerStars Introduces Poker With a Twist via Mystery Cash Challenge
The brand new show by PokerStars combines elements of ring games and mystery bounty tournaments into a new and exciting format.
France’s Simon Wiciak Wins PokerStars EPT Barcelona Main in an Epic Fashion
PokerStars wraps up another successful EPT in Barcelona with a Main Event story worth of poker history books.
Watch EPT Barcelona Main Event: Day 3 Live Streaming
Join the excitement as the €5300 EPT Barcelona Main Event enters Day 3, and catch the live streaming coverage.
EPT Barcelona 2023 Main Event Exceeds €10M Prize Pool Again
Maintaining a remarkable trend, the EPT Main Event has achieved an impressive milestone for the second consecutive year, with over 2000 entries.
Get Ready for 2023 WCOOP at PokerStars – $80M up for Grabs
Kicking off on September 10 on PokerStars, this year’s WCOOP will feature 340 individual events and $80 million in guaranteed prizes across the board.
EPT Barcelona by PokerStars Is Just Around the Corner
One of the hottest stops on the PokerStars LIVE calendar is about to start, and there is much more to Barcelona than just poker.
PokerStars Power Path Offering Packages to Biggest Live Events
With PokerStars Power Path, you can win packages to all major events, such as EPT Barcelona, UKIPT London, and much more.
A Week of Midstakes Madness Is On at PokerStars
Running throughout the week, the PokerStars Midstakes Madness series features 61 events and brings almost $6,000,000 in guarantees across the board.
15 More Bracelets up for Grabs With WSOP Paradise
Taking place in the Bahamas during the first half of December, WSOP Paradise will feature a variety of events to match all bankrolls and preferences.
Check Out the Final Episode of Between the Lines by PokerStars
The fourth and final episode of PokerStars exciting Between the Lines show is out, bringing more exciting comparisons between poker and F1 racing.
PokerStars Power Path: New Way to Qualify for Major Tournaments
Power Path gives all PokerStars players a way to qualify for some of the biggest tournaments starting with a tiny investment.
PokerStars UKIPT in Blackpool Comes to a Close
The Main Event winner takes home a very respectable amount of £53,630 after outlasting the field of 262 players.
Brian Rast is Named 2023 WSOP Poker Hall of Fame Honoree
The six-time WSOP winner has now secured his place in poker history.
PokerStars Between the Lines: Waiting for Your Moment
The latest episode of the fun PokerStars mini-series teaches the importance of patience and discipline, both on the green felt and at a racing track.
Watch the World Series of Poker Live, Exclusively on PokerGO!
Immerse yourself in the electrifying atmosphere of the 2023 WSOP from the comfort of your home with PokerGO.
Tune in at PokerGO for the Conclusion of the 2023 WSOP PLO High Roller
The remaining five players will come back today to battle it out for the bracelet and $2.3 million first prize, with all the action brought to you live by PokerGO.
Last Chance to Win a WSOP 2023 Main Event Seat!
For players in Nevada and New Jersey the Seat Sprint promo is giving away 112 WSOP Main Event seats over the next 11 days.