Rake-Free & Open Poker Room, Run By the Poker Community? - Page 9 - Internet Poker

If it's liquid enough you could just convert the bitcoins to dollars through an intermediary once a customer deposits them in their account, assuming they want to hold a balance in USD/EUR.

BTC is getting stronger and cannot collapse overnight. You always have the choice to keep a minimal bankroll online, and store the rest of your balance in a third party alternative injecting cash back into the games as you need.

Having any interaction with government-backed currency puts us under scrutiny as a gambling institution. Our best protection is to stay well away. Agreed it's slightly more complicated. Yet Washington, French, Turkish, Italian and others have various restrictions playing online Poker. We will have none for them.

12-16-2010 , 07:22 AM

#202

genjix

journeyman

Join Date: Apr 2009 Posts: 314

note: all these things claimed are not set in stone. It's just the state of currently favoured ideas floating around. See http://www.kartludox.org/ for more in-depth analyses.

You can also say hi on our forums, http://poker.bitcoinvegas.com/
Or drop into realtime chat, http://pastecoin.com/cgi-bin/irc.cgi

12-16-2010 , 10:14 AM

#203

tokeweed

veteran

Join Date: Sep 2004 Posts: 2,966

to all those who thought this is a good idea, and to those who gave positive feed back, you would do them a big favor if you rate this thread as 5 stars.

thanks.

12-16-2010 , 10:53 AM

#204

VP$IP

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 6,841

Did PH endorse this?

12-16-2010 , 11:36 AM

#205

genjix

journeyman

Join Date: Apr 2009 Posts: 314

Quote:

Originally Posted by VP$IP

Did PH endorse this?

There seems to be a lot of humorous PH bashing in the Poker world:

http://www.cardplayer.com/poker-blog...-phil-hellmuth

But probably best if that's removed in case people get confused...

12-16-2010 , 11:36 AM

#206

caspermatic

adept

Join Date: Nov 2007 Posts: 810

I still don't see this going anywhere.

12-16-2010 , 11:52 AM

#207

tokeweed

veteran

Join Date: Sep 2004 Posts: 2,966

Quote:

Originally Posted by caspermatic

I still don't see this going anywhere.

if you say so... but the site is still definitely going online.

12-16-2010 , 12:09 PM

#208

caspermatic

adept

Join Date: Nov 2007 Posts: 810

Quote:

Originally Posted by tokeweed

if you say so... but the site is still definitely going online.

I don't doubt that. But it will always be more profitable, for almost everybody, to play at a raked site.

For example, I'm a pretty lousy player. I need players in my game who don't understand the basics to be able to win (slight exagerration, but you get the point). If I play against the kinds of people who would find out about this site, I would get crushed. As such, I'll stick to raked sites. Because I'm not there, somebody who can beat me but can't beat the higher competition will follow me, and the fish, to the raked sites. And so on.

12-16-2010 , 01:16 PM

#209

reverie

adept

Join Date: Mar 2009 Posts: 1,000

if you read this thread and you support the idea of a free network, just pledge to open a couple of tables alongside your usual client after the launch. props to those who have already pledged.

seems like this project only needs extremely modest success to be a game changer.

all you nice guys who have been around 2p2 for ages posting free software tools and stuff - get involved! (imo)

12-16-2010 , 02:54 PM

#210

genjix

journeyman

Join Date: Apr 2009 Posts: 314

http://www.youtube.com/watch?v=wdK65mGbiyM

"THIS IS OLD. We've dropped the photoshop-style windows in a big window and the sidebar, in favour of just a normal Poker room windows with chatbox. It's not connected to the server atm- just a pretty looking dummy... coming soon!"

Meeting is in 3 hours (2200 GMT)- Don't Miss It!
http://pastecoin.com/cgi-bin/irc.cgi

12-16-2010 , 03:40 PM

#211

zqzqzqzq

newbie

Join Date: Nov 2010 Posts: 27

Wait, the site says integrated HUD? To what extent? Im assuming hand histories will be created, will they be able to compatible with holdem manager and pokertracker?

12-16-2010 , 03:55 PM

#212

genjix

journeyman

Join Date: Apr 2009 Posts: 314

Quote:

Originally Posted by zqzqzqzq

Wait, the site says integrated HUD? To what extent? Im assuming hand histories will be created, will they be able to compatible with holdem manager and pokertracker?

Yes with the HUD built into the client.

12-16-2010 , 03:57 PM

#213

SanchoHH

grinder

Join Date: Jun 2006 Posts: 534

Quote:

Originally Posted by genjix

If any suspicious activity is suspected then a privileged community-elected/trusted group is given the green light to further probe more private data. Once malign activity is found, we connect the dots and carry out any punitive action.

Your second point- we don't expect people to sit there reading through every HH one by one! Instead bots would probably comb the HH's quickly and search for anomalies. Then a person becomes alerted and does a manual review. Because everyone is free to search for cheaters, everyone has an incentive to protect the games and so newer better methods will rapidly be found for detection of cheaters.

So there is a "trusted group" of people with access to more data than others, but who can still play on the site?

Also, I have a feeling that you are severely underestimating the amount of data-to-be-analysed (both automatically and manually) that we are talking about here if the site ever reaches a reasonable size. And purely statistical analysis is not nearly enough to detect collusion and other unwanted activity.

12-16-2010 , 03:59 PM

#214

zqzqzqzq

newbie

Join Date: Nov 2010 Posts: 27

Quote:

Originally Posted by genjix

Yes with the HUD built into the client.

Can you explain this in more detail. so every "fish" is goiing to have a hud now?

12-16-2010 , 04:23 PM

#215

genjix

journeyman

Join Date: Apr 2009 Posts: 314

Quote:

Originally Posted by zqzqzqzq

Can you explain this in more detail. so every "fish" is goiing to have a hud now?

I wrote a HUD for Linux:
[IMG]http://****************/dbimage.php?id=242059[/IMG]

It connects to the PT3 database because eventhough PT3 works on Linux, the HUD doesn't. All that we mean by "built in HUD" is that we can have the HUD so it's built in (not the tracking software) which make it look nicer and run faster. That is all

12-16-2010 , 04:26 PM

#216

VP$IP

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 6,841

I see that you removed PH's photo from every page of your site.

The site also lists

Built-in PokerStove

as a feature.

Does that mean that you have negotiated a license from RPS Consulting?

Last edited by VP$IP; 12-16-2010 at 04:32 PM.

12-16-2010 , 04:30 PM

#217

caspermatic

adept

Join Date: Nov 2007 Posts: 810

Yeah, I definitely want 100% of my opponents to be using a HUD.

12-16-2010 , 04:40 PM

#218

genjix

journeyman

Join Date: Apr 2009 Posts: 314

Quote:

Originally Posted by VP$IP

Does that mean that you have negotiated a license from RPS Consulting?

PokerStove-type software... There's talk about removing that item though, see:http://poker.bitcoinvegas.com/discus...plugin/#Item_9

Probably we'll remove it since people aren't in favour of listing that item eventhough it will be possible to make a plugin to integrate it into the client.

12-16-2010 , 04:41 PM

#219

genjix

journeyman

Join Date: Apr 2009 Posts: 314

Quote:

Originally Posted by caspermatic

Yeah, I definitely want 100% of my opponents to be using a HUD.

You still need PokerTracker3 or HEM to provide the statistics for the HUD to display if you decide to use the built-in HUD.

12-16-2010 , 04:42 PM

#220

caspermatic

adept

Join Date: Nov 2007 Posts: 810

Quote:

Originally Posted by genjix

You still need PokerTracker3 or HEM to provide the statistics for the HUD to display if you decide to use the built-in HUD.

Right, whereas right now most of my opponents have no idea such a thing even exists.

12-16-2010 , 04:44 PM

#221

VP$IP

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 6,841

What is "auto-fold"?

Is it a built-in fold bot?

12-16-2010 , 04:44 PM

#222

wtfdude

adept

Join Date: Apr 2010 Posts: 874

Quote:

Originally Posted by caspermatic

Right, whereas right now most of my opponents have no idea such a thing even exists.

nl2 player?

12-16-2010 , 04:46 PM

#223

caspermatic

adept

Join Date: Nov 2007 Posts: 810

Quote:

Originally Posted by wtfdude

nl2 player?

Alright, most of my opponents that I consider myself to have a significant edge on. Like I said, I would consider most people who are part of the "poker community" to be better players than me.