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Official InsuredPlay Thread Official InsuredPlay Thread

03-28-2013 , 09:14 AM
Hi,

On Monday (April 1st), we will cease support for Full Tilt Poker, PartyPoker, iPoker and all the poker sites on these networks. For the time being, the only supported site will be PokerStars.

Support for Full Tilt Poker will be back shortly and we are hoping to be able to offer more options in the future.
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03-28-2013 , 09:37 AM
Sounds intriguing, can we ask why?
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03-28-2013 , 09:52 AM
Quote:
Originally Posted by JackRandall
Sounds intriguing, can we ask why?
We will not to disclose the reasons behind this decision.

The change is not final, we expect to be supporting Full Tilt Poker again soon.
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03-28-2013 , 10:15 AM
Quote:
Originally Posted by Emre Kenci
We will not to disclose the reasons behind this decision.
You should. This is a terrible new, a lot of people was playing in Party and Ipoker with Insured. It surprises us you have the software ready, you win money for the hands we play in these sites and you suddenly decide to close it, are you thinking in come back to Party in Ipoker? It really doesnt make me so confident to keep playing in Pokerstars. Big fail.

Last edited by Parraka; 03-28-2013 at 10:23 AM.
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03-28-2013 , 10:26 AM
Does anyone else feel like this is an April 1st joke ?

My first instinct was that it's a joke, but my rational thought says it's incredibly -EV for them from a business perspective to make a joke like this, they will lose money doing it.

So I don't know, could be real, could be not.
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03-28-2013 , 10:44 AM
We know that the players playing on these sites are going to be frustrated and this will reflect poorly on us as a business. But this is something we had to do.

Full Tilt will definitely be supported again in the short term. Probably next month.

I can't promise anything for iPoker or PartyPoker.
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03-28-2013 , 10:47 AM
Yeah, I'm not believeing anything short of "This is not an April 1st joke" said word for word.
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03-28-2013 , 10:51 AM
Quote:
Originally Posted by Romeo83
Yeah, I'm not believeing anything short of "This is not an April 1st joke" said word for word.
I wouldn't joke about something like this.
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03-28-2013 , 12:13 PM
read between the lines fellas.

still working with stars. will relaunch with FTP soon. possibly an exclusivity deal in play here, which would quite obv be an excellent business decision for both parties.
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03-28-2013 , 03:49 PM
Quote:
Originally Posted by Shiftyeye7
read between the lines fellas.
it can be anything. this may be for many reasons, example: zero interest, difficult to maintain, many scams on PP and ipoker, reducing development costs and ect.
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03-28-2013 , 08:34 PM
Hi, I just registered for IP and I play zoom 6max nl200 on stars. My question, can I leave run it twice on or should it be off for this to work?
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03-28-2013 , 08:36 PM
Quote:
Originally Posted by Iamcloud
Hi, I just registered for IP and I play zoom 6max nl200 on stars. My question, can I leave run it twice on or should it be off for this to work?
They don't support RIT hands afaik
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03-29-2013 , 05:01 AM
Quote:
Originally Posted by Iamcloud
Hi, I just registered for IP and I play zoom 6max nl200 on stars. My question, can I leave run it twice on or should it be off for this to work?
Hi,

RIT hands are not supported. If the board is ran twice, the hand will not be insured.
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03-30-2013 , 09:03 AM
Hi, I have been reading about insured play and I have a question.

Not meaning to sound negative, but isn't this just me paying extra rake for less short term variance?
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03-30-2013 , 09:05 AM
Quote:
Originally Posted by Emre Kenci
Hi,

On Monday (April 1st), we will cease support for Full Tilt Poker, PartyPoker, iPoker and all the poker sites on these networks. For the time being, the only supported site will be PokerStars.

Support for Full Tilt Poker will be back shortly and we are hoping to be able to offer more options in the future.
very bad news...


when will you annouce then official ob your Homepage or per mail?
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03-30-2013 , 11:41 AM
Emre Kenci, do you publish the source code of your ipoker and party poker software?
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03-30-2013 , 01:39 PM
Will the rolling average of the required hands be stopped/lowered during Full Tilt downtime?
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03-31-2013 , 06:28 AM
Blastoise, the classical Kelly bankroll management rule states that, with a given bankroll, one should - at any given moment - play the games that maximise the parameter 2*bankroll*winrate-variance (or bankroll*winrate-variance for more a cautious twice overrolled half-Kelly approach). See an example here. Hence, even given that the winrate is reduced by the fees, the variance is sometimes reduced enough to enable moving up stakes earlier and thus faster longterm bankroll growth.

Note that it's derived for 'infinitesimal' samples and implies very agile movement both up and down stakes and even mixing 2-3 stakes online depending on the softness and positions relative to fish at particular tables. The longterm effect of swings on the winrate is indeed lower, but mind that if you're good enough you'll move up most likely too fast to generate meaningful samples and measure the winrates accurately at any single stake, and that's a great paradox of poker. Luck means much more than 2p2ers usually think

The rule applies only to professional players who have almost all their net worth invested into poker. If only a tiny part of your liferoll is in poker (that's why I stopped using InsuredPlay shortly) and/or you have another source of income, this insurance is less viable for you.

Quote:
Originally Posted by mephisto87
very bad news...
+1, sigh

Quote:
Originally Posted by mephisto87
when will you annouce then official ob your Homepage or per mail?
They sent emails this Thursday.

Quote:
Originally Posted by holygavr
Emre Kenci, do you publish the source code of your ipoker and party poker software?
That would be a good idea, however, as far as I understand, the code is totally unique and they don't want potential competitors to use it for free and then easily port it to Stars (I think only rewriting a HH parser, an easy job, would be needed for that)...

Last edited by coon74; 03-31-2013 at 06:54 AM. Reason: Expanded BRM paragraphs
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03-31-2013 , 06:35 AM
Quote:
Originally Posted by coon74
Blastoise, the classical Kelly bankroll management rule states that, with a given bankroll, one should play the games that maximise the parameter 2*bankroll*winrate-variance (or bankroll*winrate-variance for more a cautious twice overrolled half-Kelly approach). Hence, even given that the winrate is reduced by the fees, the variance is sometimes reduced enough to enable moving up stakes earlier and thus faster longterm bankroll growth.


+1, sigh


They sent emails this Thursday.


That would be a good idea, however, as far as I understand, the code is totally unique and they don't want potential competitors to use it for free and then easily port it to Stars (I think only rewriting a HH parser, an easy job, would be needed for that)...

i got no mail till today. Can you post there mail here? Are there more informations about this?

Main main sites are Partypoker and ipoker .

Are there alternative services?
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03-31-2013 , 06:41 AM
@coon74

thanks for the response
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03-31-2013 , 07:09 AM
Quote:
Originally Posted by mephisto87
i got no mail till today. Can you post there mail here? Are there more informations about this?

Main main sites are Partypoker and ipoker .

Are there alternative services?
I'm also affected by that as I'm playing at FTP and iPoker only The email stated absolutely the same as the 2+2 post:

Quote:
PartyPoker, iPoker and Full Tilt Poker are no longer supported

On Monday (April 1st), we will cease support for Full Tilt Poker, PartyPoker, iPoker and all the poker sites on these networks. For the time being, the only supported site will be PokerStars.

Support for Full Tilt Poker will be back shortly and we are hoping to be able to offer more options in the future.

Best of luck,
InsuredPlay Team
I'm not aware of alternative all-in insurance services open to anyone. I know only staking stables (taking a big share of profits but insuring against both all-in and non-all-in swings) that either take winning players only or take any players (which have to play a 5-digit hand sample with their own money first) but (usually) don't run exclusive promotions like rake races so total 'rakeback' with such stables-affiliates on Euro networks is much lower than with grinder-friendly 'vampire' affiliates. There are examples of both types of stables in Commercial Marketplace or Marketplace -> Staking.

Erratum: speaking of faster bankroll growth, I meant the bigger EV of the utility function, which is deemed close to the logarithm of the net worth, not the net worth itself, for most people. I.e. a typical risk-averse person is indifferent as to whether get $10M for sure or flip a coin between $1M and $100M, though the usual $-EV approach favours the coinflip.

Last edited by coon74; 03-31-2013 at 07:19 AM. Reason: Paragraph about stables
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04-01-2013 , 02:39 AM
i used to be a big supporter of IP ... but im beginning to think differently...

1st-- they ''will not disclose'' why the other sites wont work.. its a really bad approach for a business where ppl got/''store'' their money into. we have the right to know i think. we dont know if its money issues.. or technical issues.. or else.. we are left to wonder..

2nd-- MOST IMPORTANT AND IM FURIOUS ABOUT : the software somehow ''reset'' itself and UNCHECKED ALL the ''stakes'' that i play... wich meant that no hands were being insure at all... !!!! this has happened twice... and it has costed me alot of money.. because i play a different style while using IP... this last time i had like an 7 hour session or longer when i notice that all my stakes settings were unchecked... not 1 was checked. (active) i certanly never did that and no1 else touches my pc or have my passwords etc... and i cetanly dont believe in ghosts. this is disgustingly horrific error.
im sure theyll try to blame me for it somehow but NO. its wrong. And is theres something that triggers that action i damn sure dont see it anywhere posted on the site.
Im very familiar with the insuyrance settings area and nowhere does it say that all settings would get reset automaticlly in such manner.

i would like IP to bonus me, refund me something or do something for me due to this terrible problem.. as i said before this has happenned twice.. i emailed you about it too. i got some ''non acepting reply'' like ''ohh go to settings'' etc.. like i dont know that..

I think i made my point really clear and expect you to take care of me as a costumer and a supporter i had been if you read my previous comments on here before..

3rd-- Also is pretty pathetic how you take forever to reply to '' customer support'' emails.. how hard is it to freaking type a response quick.. the only way to get a reaction from you quick seems to be this forum..

4th-- Also why do this cashouts take so long too... i know it might be within 48hours or so.. but it sucks... why so long.. ( and i mean AFTER the inicial 48hours requieremnt from first deposit, im fine with that) Why cant you automate certain amounts so that they dont take that long.. i mean same day or even better couple hours the most.. is kind of discouraging.. if its through neteler then just do em quick... for small amounts atleast.

out of all these the most alarming is obviously the stakes checkboxes getting ALL UNCHECKED BY ITSELF.. they need to fix this and shoulld compensate me for the burden and harm it costed me..

i also noticed that even in your automated respondse emails from cashoutwithdraws there is a misswritten word in ''KING REGARDS'' ... im pretty sure its ''kind'' regards you mean... this is a childish mistake.. and fine we all make mistakes but the upsetting thing is i told you guys through email support and your site that the error was.. the mistake still there. this shows a lack of care and importance from you towards your customers. really. how long can it take you to fix 1 letter... ?

i hope you guys get ''your stuff'' together... and be more open and responsive with your customers that put cash onto your site...
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04-01-2013 , 03:21 AM
Quote:
Originally Posted by stratigic
...
Hi,

The settings getting unchecked is strange. Our technical team is looking into the problem. I just added your account $10 bonus. Given your stakes, I believe it should cover the amount you would have won from insurance if there were no errors.

Especially during weekends, response time of support might slow down. But even if we reply late, the response will be a solution to your problem. I think that matters more than just sending a robotic reply email.

About withdrawal times. Please note that we are not a poker site, there are quite a few things we need to manually check before we approve a withdrawal request. There will never be instant withdrawals on InsuredPlay. Please note that our policy is to process cash out requests in 72 hours.
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04-01-2013 , 03:33 AM
Quote:
Originally Posted by holygavr
Emre Kenci, do you publish the source code of your ipoker and party poker software?
No.

Quote:
Originally Posted by outlucked
Will the rolling average of the required hands be stopped/lowered during Full Tilt downtime?
We thought about this but a standard solution will likely be very complicated and will take a lot of time to implement.

If the change will negatively effect your insurance fee level, please send an email to support. We'll look into your account and make adjustments if we agree with your complaint.

Quote:
Originally Posted by Blastoise
Hi, I have been reading about insured play and I have a question.

Not meaning to sound negative, but isn't this just me paying extra rake for less short term variance?
Hi,

If you never tilt and if you play millions of hands and if you have a huge bankroll then it might just be extra rake to you.
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04-01-2013 , 03:40 AM
i see it..

i meant in big blinds is alot .. really doubt itll equal to 10$ but thats fine... just in 1 omaha hand i was more than fully staked with 120bb (5$) and lost 2 of those in a row... 2 outter and the next exact same... i played for longer than 7 hours , more than 10 even...
so im pretty sure aint near 10$... but is a fine gesture i guess..

only concearning thing would be... does this happen (stakes setting getting unchecked) when ppl run bad ? ... itd be and odd coincidence.. it happend to me for sure while i run bad.. really bad.

i guess ill chek the stakes box settings every 20mis or so.. i had the thing runing all night for nothing.. hope gets taken care of.

thanks though.
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