Quote:
Originally Posted by MeleaB
(The mention of "fast fold" games is completely irrelevant.)
It is completely relevant as fast fold games make it easier to increase the number of hands a player plays.
Quote:
Originally Posted by MeleaB
"You get insured against over $150k in downswings at NL100" is laughable, a complete misuse of words and statistics,
I've given you my calculation before. For 10K in fees you can insure over 150K worth of pots at NL100. So by paying 10K in fees you cover yourself against a downswing of size
up to the unlikely maximum 150K.
If you save 10K of your money instead of paying insurance, you will not be able to cover a downswing larger than 10K. If you're using insurance, you can cover up to 150K. You may not think that downswings worse than 10K are likely to occur. But it is perfectly possible. And we are seeing this everyday.
http://www.evplusplus.com/poker_tool...nce_simulator/
As I told you before, using insurance has other benefits such as gaining a mental edge and playing at higher stakes. You counter argument is that these would be true if the price was lower. I asked you what your point of comparison is and your response is related to the size of a possible downswing.
In fact for you to be able to effectively counter argue my point, you would need to say something like,
these benefits will create x percent increase in win rate... and then compare the number x to 0.37bb/100 (the cost of using the service)
I'm not expecting you to be able to calculate this number because it will vary player to player. Bad beats and downswings have larger impact on some players. For them, gaining a mental edge might be worth more than 0.37bb/100.
Other players might be trying to move up in stakes. These players might benefit more from our service than someone who constantly grinds the same stakes and relies on rake back.
Quote:
Originally Posted by MeleaB
...in which case you should not be running this company
I think we're doing a pretty good job so far. This idea has been discussed on these forums so many times. I've been contacted by at least 5 different groups of people that started/wanted to build a similar business but failed. We're proud to have brought this to life. Shareholders of the company -me and my partners- are capable of deciding who can/will run the business.
Quote:
Originally Posted by MeleaB
you are purposely misleading others who are reading this thread
I respect your intention to educate other players and take it for granted. Please have the same kind of respect when you're talking about our intentions. We're pretty transparent about the costs of our service and how it works. You should give us the benefit of doubt given that a lot of players and winnings players are already using our service.
You call some of the things I wrote "sales talk". The title of the thread is Official InsuredPlay Thread right? So the point of this thread's existence is just what you're accusing me of.