Quote:
Originally Posted by silvia_saint
EK, can you please answer my 2 questions below:
1. From the website FAQ I understand a pot of 200 big blinds, in which Hero invested 100 big blinds, is counted as TWO insured hands for Hero, not one (at that particular stake). Can you please confirm this?
Your understanding is correct. The hero does not necessarily need to have put 100 big blinds, but if the total pot is 200 big blinds, the hand counts as 2 hands toward your fee level.
Quote:
Originally Posted by silvia_saint
2. Would IP consider tweaking the fee scheme so as not to punish mid & high volume players for taking a break? For example, I may qualify for Level 5 fee for 3 straight months, but then I take a 2-3 weeks vacation, so when I get back I'm punished for taking the time off. As a way to implement that, instead of using the last 30 days as the determining period for the fee level, you could use the best or average of the last 2-3 consecutive 30 days periods. That way, a player that has put in good volume for 2 months straight, enough for him to get to Level 5, could afford a vacation without being penalized too much for that when he gets back.
Thanks!
We will be introducing another aspect to levels which will be based on the number of hands you played in that year. Players who play a certain number of insured hands within the year will guarantee to hold the level for a certain period of time. We believe this will resolve this issue.
Thank you!
Quote:
Originally Posted by 3BETURMOM4FUN
Hey I have to start off by saying I think its a good idea even though i prob got owned in the following example.
6♣2♣ 8.33%
3♠7♥ 91.67%
4♣5♥6♦2♠6♥
Pot
Total Premium
Net won from insurance
$21.76
$20.00 (fee $0.05)
-$20.00
Now how much would I have been credited in my IP account if I would have lost this hand...and do u pay fees on a hand where u have the nuts ? and is it pf all in and flop all in ?
The calculation seems to be correct. Your equity in this hand is $1.81, minus the $0.05 fee, you would win $1.76 from insurance if you lost the hand. You won the hand but your total net winning is still the same: $1.76. Because you won 21.76 on the table and lost 20 from insurance.
This is basically what the product does. It always guarantees you win your equity regardless of the result of the hand.
If the other player was using insurance, he would win around $20 minus the fee from insurance.
Quote:
Originally Posted by 3BETURMOM4FUN
another question....i decide to play sunday mill for example...with 10% bubble insurance u take 21.50 + 2.15 (23.65$) (correct me if im wrong with any info im throwing out there)...does this cover me for an extra 600 places in a tourney with 6000 people. basicall on 960 paid....i can get 175$ back approximately if I lose between bubble and bubble + 600 spots?
Yes that is correct. If 6000 people enter the tournament and you buy bubble insurance with 10% coverage, you get your buy-in back if you finish 600 places before the paying spots. Your net winning from insurance would be 215-23.65 = 191.35.
Quote:
Originally Posted by 3BETURMOM4FUN
Thanks a lot and good luck, I think you have a very legit and reasonable price for this product...even though u already made 20$ off one hand lololol.
Thanks