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If a poker site were to offer insurance on hands backed by the house If a poker site were to offer insurance on hands backed by the house

11-13-2007 , 05:14 AM
They would make an absolute killing.

Just thought you all needed to know that.
If a poker site were to offer insurance on hands backed by the house Quote
11-13-2007 , 05:31 AM
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They would make an absolute killing.

Just thought you all needed to know that.
ugh, god I hope they never do that (tho agree they would make a HUUUGE killing), for one because it would slow down the hands, everytime some monkey goes all in and gets called, we gotta wait while they decide if they want insurance or not, and 2, it would add to the stupidity of the "its rigged!" people. Because they would just go on and on about how they set it up so you always get all in so they can do insurance. (the same morons who talk about how they purposly juice flops so more money goes in for rake, even tho the rake was capped PF).

Now the biggest killing a site would make is if they added a "toke the dealer" button. I cant even fathom how many millions they would make from ******ed people believing it would increase their luck
If a poker site were to offer insurance on hands backed by the house Quote
11-13-2007 , 06:40 AM
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Now the biggest killing a site would make is if they added a "toke the dealer" button.
Haha - I love this idea providing you can see which players take the option.
If a poker site were to offer insurance on hands backed by the house Quote
11-13-2007 , 08:14 AM
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Now the biggest killing a site would make is if they added a "toke the dealer" button.
Haha - I love this idea providing you can see which players take the option.
Honestly, I'm surprised they haven't implemented this yet. Not one single site. Not even in the online casinos. Anyone want to venture a guess as to why not?
If a poker site were to offer insurance on hands backed by the house Quote
11-13-2007 , 07:38 PM
This would reduce tilt, which would be a bad thing for most winning players.
If a poker site were to offer insurance on hands backed by the house Quote
11-13-2007 , 08:54 PM
I'd love a rabbit hunting cam and struddle option.

The first would make sure people always chaise, cause "zomg, i could have hit".And the second would liven up the games.Hell, i'd even struddle from time to time.
If a poker site were to offer insurance on hands backed by the house Quote
11-13-2007 , 09:11 PM
This would be good, if you liked getting 30 hands an hour.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 12:37 AM
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Now the biggest killing a site would make is if they added a "toke the dealer" button.
Haha - I love this idea providing you can see which players take the option.
Honestly, I'm surprised they haven't implemented this yet. Not one single site. Not even in the online casinos. Anyone want to venture a guess as to why not?
Honestly this idea was thought of several years ago and serious consideration was given.
Also, the insurance idea as well. But as someone else mentioned, the time delay would be horrible.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 12:42 AM
Don't get me wrong I don't want the sites taking more money from the fish, but why would the time delay be so bad? Give them like 5 seconds or however long they give people to show a winning hand.

"Take insurance for $xxx?"

Yes - No

What's tough about that?
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 01:08 AM
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Now the biggest killing a site would make is if they added a "toke the dealer" button.
Haha - I love this idea providing you can see which players take the option.
Honestly, I'm surprised they haven't implemented this yet. Not one single site. Not even in the online casinos. Anyone want to venture a guess as to why not?
Because then the house would have an interest in the outcome of the hand. That is bad.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 02:37 AM
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Don't get me wrong I don't want the sites taking more money from the fish, but why would the time delay be so bad? Give them like 5 seconds or however long they give people to show a winning hand.

"Take insurance for $xxx?"

Yes - No

What's tough about that?
I'm not going to try to explain it in detail here, but let me just say that your mind would be boggled by what 1 second can generate.
In addition to the time delay, there were several other things talked about that stopped it. Like the fact that a site would all of the sudden have an interest in the outcome of the hand.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 02:48 AM
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Don't get me wrong I don't want the sites taking more money from the fish, but why would the time delay be so bad? Give them like 5 seconds or however long they give people to show a winning hand.

"Take insurance for $xxx?"

Yes - No

What's tough about that?
I'm not going to try to explain it in detail here, but let me just say that your mind would be boggled by what 1 second can generate.
In addition to the time delay, there were several other things talked about that stopped it. Like the fact that a site would all of the sudden have an interest in the outcome of the hand.
why would they have an interest in the outcome? either:

A. the player takes the insurance, giving the house a certain percentage
B. the player doesn't, and the remaining cards are dealt, giving the house the rake they'd get anyways

how would the remaining cards be influenced?

the only thing I would see is that the house would want more coolers so that people would take insurance more often
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 02:59 AM
personally i liked being able to have a beer at the table with me in paradise... i wish that could come back
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 03:16 AM
Fish have a limited amount of money they are going to ape away online. And you are proposing that the house get a bigger cut of our profits, why?

Also, a rabbit cam would encourage people to fold, bc they can know if they'd hit w/out actually putting the money in.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 03:16 AM
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personally i liked being able to have a beer at the table with me in paradise... i wish that could come back
[censored] yeah man... I always got myself a cigar and stuffed imaginary weed into it.

Sooted, I'm not proposing anything, just sharing a thought I had.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 01:13 PM
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Don't get me wrong I don't want the sites taking more money from the fish, but why would the time delay be so bad? Give them like 5 seconds or however long they give people to show a winning hand.

"Take insurance for $xxx?"

Yes - No

What's tough about that?
I'm not going to try to explain it in detail here, but let me just say that your mind would be boggled by what 1 second can generate.
In addition to the time delay, there were several other things talked about that stopped it. Like the fact that a site would all of the sudden have an interest in the outcome of the hand.
So according to your logic, an internet gaming house would never offer blackjack/craps/keno because they have an interest in the hand/dice/number outcome? By offering insurance, the house would get a large and repeatable edge on the players. The house cheating at the insurance game is roughly equivalent to the house cheating at any other game. Why would they do it?

I mean, there might be other problems with offering insurance. But house dishonesty is not one of them.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 04:02 PM
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I mean, there might be other problems with offering insurance. But house dishonesty is not one of them.
It's got little to do with perceived/actual house dishonesty as such. However, when the house has an interest in the game, it tends to run (a lot more) afoul of certain US state and federal laws.
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11-14-2007 , 04:56 PM
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I mean, there might be other problems with offering insurance. But house dishonesty is not one of them.
It's got little to do with perceived/actual house dishonesty as such. However, when the house has an interest in the game, it tends to run (a lot more) afoul of certain US state and federal laws.
Yea, this is one thing I had in mind. A purely poker site (such as FTP) would then have things that are basically pure gambooling, and could no longer be defensible as hosting only skill-based gambling games.

But a site like Party that does the red/black flop stuff and blackjack doesn't have this problem.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 04:57 PM
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I mean, there might be other problems with offering insurance. But house dishonesty is not one of them.
Its not house dishonesty that would be the problem, its ******ed fish thinking it makes it more likely there is house dishonesty (which they most certainly would)
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 05:02 PM
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a site would all of the sudden have an interest in the outcome of the hand.
The house cheating at the insurance game is roughly equivalent to the house cheating at any other game. Why would they do it?
it's not about cheating (although there would be more threads "I can prove it's rigged"). The problem is with CS.

Do we really want the cash-out, bonus and other procedures like the casinos have?

What about this scenario:
- fish deposits ($100)
- fish buy-ins for the highest game
- fish goes all-in let's say blind steals (TT vs KQ)
- fish takes insurance
- fish lost
- fish gets insurance
- fish leaves
------------------------------
the house lost $93 on this player. That can happen at casino and that cannot happen at poker (the house is almost never negative after all that rakeback+bonuses).

That's why I've never bonus-whored casinos.
That's why I've never bonus-whored sport-books.
They all can lose to players and we all know how they behave to the winners...
I don't wanna wait 3 months for cash-out and sending ID a drivers licenses and all the other trouble. I don't want to be afraid of my money simply because I win.



+ fish would lose their money faster and to the house (who wants that - except the house).

Moreover this could really kill the game (I don't like when sites flip over cards and show the percentages because now the fish know how much he was wrong). This would even make him to think about how much he was wrong by calling.

And even more: the fish would see IMMEDIATELY what cost her to call! This is big big NO NO!
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 06:47 PM
almost certainly you would have to pay the vig up front, get true odds insurance, that way you would pay the vig whether insurance paid off or not.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 09:08 PM
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I'd love a rabbit hunting cam and struddle option.

The first would make sure people always chaise, cause "zomg, i could have hit".
Marvellous idea. And it needn't take any extra time as a player who didn't request a rabbit hunt before the next deal could push a button to request it privately (like mucked cards view in PAHUD).
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 09:54 PM
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I mean, there might be other problems with offering insurance. But house dishonesty is not one of them.
Its not house dishonesty that would be the problem, its ******ed fish thinking it makes it more likely there is house dishonesty (which they most certainly would)
This is what I meant. If you guys think the constant rigged posts on forums are overwhelming your head would explode if you sat in a CS chair for one day.
If a poker site were to offer insurance on hands backed by the house Quote
11-14-2007 , 11:20 PM
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If you guys think the constant rigged posts on forums are overwhelming your head would explode if you sat in a CS chair for one day.
ouch I'm moved to the sking ;,,,),,,,,,,,,,,,,

Did you ever try to work using your hands? Try mining work for one single day and then you can write how hard your job is.

If you don't want to, be polite, make them sure it's not rigged in any way (or tell them you just switched off their doom switch ) and force them to play again. We'll both make more money thanks to that.

P.S. if they come back you can say "sorry I switched by mistake to ultra-doom switch. Now you are moved to zoom switch and should by gushing cash"
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11-15-2007 , 12:49 AM
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If you guys think the constant rigged posts on forums are overwhelming your head would explode if you sat in a CS chair for one day.
ouch I'm moved to the sking ;,,,),,,,,,,,,,,,,

Did you ever try to work using your hands? Try mining work for one single day and then you can write how hard your job is.



Trust me, my "job" is easy.
If a poker site were to offer insurance on hands backed by the house Quote

      
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