In this paper, we focus on the behavior of the Belief Propagation (BP) algorithm when decoding the Low-Density Parity-Check (LDPC) code of rate 3/4 in the DVB-S2 standard. By studying the topological structure of its Tanner graph, we raise properties inherent to the degree distribution that turns out to be strongly correlated with the decoding failures. The irregularity of the degrees seriously damages the performance, visible by an abrupt error floor. We accordingly propose a novel model of the error events based on the degree distribution which helps simulate typical error events and observing the flaws of the DVB-S2 code. This work could be used as a good basis to design future codes with a better decoding behavior, especially in the error floor region.