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Seals With Clubs closed - [See new SWCPoker thread] Seals With Clubs closed - [See new SWCPoker thread]

02-19-2013 , 06:12 PM
One extra step.

Create Mt. Gox account first.
02-19-2013 , 06:12 PM
Quote:
Originally Posted by sinner
i havent used bitinstant in a while.. i just went to their website and i dont see an option to send your coins to a specific address.. it looks like you need an account on Gox, btc-e, etc.. can you not take cash to walmart and receive coins to any address anymore?
I believe this is temporary (they are out of bitcoins doh!). Usually there is the simple option to send direct to your wallet address or seals cash in address.

I used the usd bitinstant -> usd mtgox acct route on Sunday. Then traded usd for bitcoin at mtgox and transferred to seals. Whole process took 2 hours, but will be confusing for new users.
02-19-2013 , 06:19 PM
Quote:
Originally Posted by mudstuffing
I believe this is temporary (they are out of bitcoins doh!). Usually there is the simple option to send direct to your wallet address or seals cash in address.

I used the usd bitinstant -> usd mtgox acct route on Sunday. Then traded usd for bitcoin at mtgox and transferred to seals. Whole process took 2 hours, but will be confusing for new users.
ya thats the only part im concerned about
02-19-2013 , 07:23 PM
Quote:
Originally Posted by sinner
bitinstant

make an account on seals first so you can use your unique deposit address on seals for the address you give to bitinstant
That option is currently disabled because they're under attack, hackers messing with their APIs and all sorts of ****: http://www.reddit.com/r/Bitcoin/comm..._transactions/
02-19-2013 , 08:45 PM
Quote:
Originally Posted by mrTruli
That option is currently disabled because they're under attack, hackers messing with their APIs and all sorts of ****: http://www.reddit.com/r/Bitcoin/comm..._transactions/
Quote:
Oh look a fast and reasonable and level headed response to a threat, and one which helps the customers. I look forward to the day when the bitcoin economy has more businesses that subscribe to this business model of actually doing business properly than those that do business in the form of "The site my 12 year set up got hacked and our unencrypted hot wallet had 100% of funds in it, so we're all screwed!"
As always, excellent work guys. You continue to expertly maintain your flawless reputation.
Best comment in that thread.
02-20-2013 , 03:10 PM
There was a post recently about delays in sending coins from coinbase. I did my first transfers from coinbase to my wallet and Seals yesterday. They took 14 min. and 8 min. and there was no fee for sending. After I received the coins it still said pending in coinbase for a while.
02-20-2013 , 03:49 PM
Yeah coinbase has issues lately. It was showing a zero balance, even though I had almost 5 coins. I sent 0.1 coins in, based on someone from reddit doing the same, and they all showed up. Now they are safely in electrum.
02-20-2013 , 03:49 PM
also btc > 30.

1/2 is going to turn into a high stakes game at this rate.
02-20-2013 , 06:29 PM
I love this site, I play on it almost all the time and I would recommend it to everybody.
However there are two issues that I feel need to be addressed.


Overall rake here is very low, but that is not true for fixed limit games. It is even totally opposite in that case, it is unreasonably high for fixed limit. And since most players, even if they aren't very good, they are not terrible which makes hard to at least break even.


The krill system is good idea and its kinda necessary to reward players for sticking to one account. However the way krill points are rewarded to players is a total misunderstanding.

First of all why square root of rake? Why should person engaged in 100 pots with 1 rake should get 10 times more krill then person involved in one 100 rake pot?

Moreover, this system doesn't take into consideration how many players are involved in the pot. It is very unfair to heads up players.
The fact is playing shortstack at ring tables and paying close to no rake is much better in terms of getting krill then playing heads up and paying tons of rake.
I understand that table starting rakeback is supposed to somehow compensate it but keep in mind that pure heads up tables are not included in that promo.

Now I think I should mention (if its not obvious yet) I estimate over 90% of my hands are played heads up or 3 handed.
I paid about 20 BTC in rake last week but my krill increased only by few thousands. So I did some calculations.
To reach 38% rakeback level I need 1M krill.
To get 1M krill I need to play in best case scenario (playing stakes with every pot at least 4 BTC) 100K hands (which in heads up is a lot and considering traffic also would take very long).
While Paying 5000 BTC rake. Lets say It was all done 2-handed at ring table so I receive 50% rakeback.
It still is 2500 BTC so ~ $75K paid to get to 38% rakeback level.
To compare at PokerStars to get 38% rakeback its about $18K rake paid (pre rakeback).

What if I wanted max level of 50% rakeback? Thats 20M krill so 20 times more.
So to reach max level I would need to play 2M hands and pay 50K BTC in rake (post rakeback) so $1.5M. Now I ask is this a joke? Or somebody just didn't think it through?

I hope it will get changed because atm I'm very not happy with the way it is.
I would like to get an answer and I apologize if I misunderstood how the rake and/or krill are calculated.
02-20-2013 , 06:32 PM
Quote:
Originally Posted by Yumi^^
I love this site, I play on it almost all the time and I would recommend it to everybody.
However there are two issues that I feel need to be addressed.


Overall rake here is very low, but that is not true for fixed limit games. It is even totally opposite in that case, it is unreasonably high for fixed limit. And since most players, even if they aren't very good, they are not terrible which makes hard to at least break even.


The krill system is good idea and its kinda necessary to reward players for sticking to one account. However the way krill points are rewarded to players is a total misunderstanding.

First of all why square root of rake? Why should person engaged in 100 pots with 1 rake should get 10 times more krill then person involved in one 100 rake pot?

Moreover, this system doesn't take into consideration how many players are involved in the pot. It is very unfair to heads up players.
The fact is playing shortstack at ring tables and paying close to no rake is much better in terms of getting krill then playing heads up and paying tons of rake.
I understand that table starting rakeback is supposed to somehow compensate it but keep in mind that pure heads up tables are not included in that promo.

Now I think I should mention (if its not obvious yet) I estimate over 90% of my hands are played heads up or 3 handed.
I paid about 20 BTC in rake last week but my krill increased only by few thousands. So I did some calculations.
To reach 38% rakeback level I need 1M krill.
To get 1M krill I need to play in best case scenario (playing stakes with every pot at least 4 BTC) 100K hands (which in heads up is a lot and considering traffic also would take very long).
While Paying 5000 BTC rake. Lets say It was all done 2-handed at ring table so I receive 50% rakeback.
It still is 2500 BTC so ~ $75K paid to get to 38% rakeback level.
To compare at PokerStars to get 38% rakeback its about $18K rake paid (pre rakeback).

What if I wanted max level of 50% rakeback? Thats 20M krill so 20 times more.
So to reach max level I would need to play 2M hands and pay 50K BTC in rake (post rakeback) so $1.5M. Now I ask is this a joke? Or somebody just didn't think it through?

I hope it will get changed because atm I'm very not happy with the way it is.
I would like to get an answer and I apologize if I misunderstood how the rake and/or krill are calculated.
I think me and you are on the same level here. I honestly couldn't help but ask myself "What the **** is going on here" while I played at SWC.
02-20-2013 , 07:08 PM
Quote:
Originally Posted by AlbertoKnox
Really don't pay anything. There is no reason at all that they should stop after or while they are getting paid and it also encourages others. We probably should have redacted the address to avoid even joke payments to it.

I'm afraid it will be a few hours yet.
Have you considered using cloudlfare for ddos protection? Can have it setup in minutes.
02-20-2013 , 07:12 PM
Quote:
Originally Posted by Cuban B
Have you considered using cloudlfare for ddos protection? Can have it setup in minutes.
Dunta da! Captain Obvious to the rescue
02-20-2013 , 07:17 PM
If it's obvious then why are they being knocked offline for hours over some two bit attack for 60 btc.
02-20-2013 , 07:42 PM
Quote:
Originally Posted by Cuban B
If it's obvious then why are they being knocked offline for hours over some two bit attack for 60 btc.
His point was... They ARE using cloudflare... that's the OBVIOUS he was referring to.
02-20-2013 , 07:53 PM
Quote:
Originally Posted by Yumi^^
Overall rake here is very low, but that is not true for fixed limit games. It is even totally opposite in that case, it is unreasonably high for fixed limit. And since most players, even if they aren't very good, they are not terrible which makes hard to at least break even.
In most cases, rake in LHE is still lower than PokerStars.

Where it is higher at SwC is when (at all stakes) the pot gets huge, (20BB or more), when PS cap would kick in ... and at HU $1/$2 equivalent or more where the PS reduced rake kicks in.

Stars have spent a lot of time determining a rake that makes the games sustainable, while maximizing their revenues. So If you land up paying more than you would at Stars - and playing HU LHE at the 50/100 chip level or more you may well be - you're paying too much. imo.
02-20-2013 , 08:56 PM
The square root of rake scheme for krill is intended to reward both rake paying and simply participating. Being a small site we don't mind paying for people to mostly just show up. It also makes it so that monthly krill contests can somewhat work somewhat well across stakes. Higher players get more, but not way more.

We wanted there always to be a higher level to work towards so the highest is supposed to be nearly unobtainable. But getting 90% of the max value is not so unreasonable.

Limit rake is capped at 50 chips, currently that is less than $1.50, when it was set it was about 30 cents. We don't like to change amounts frequently, but the caps are nearly due for a correction.
02-20-2013 , 09:19 PM
Quote:
Originally Posted by AlbertoKnox
The square root of rake scheme for krill is intended to reward both rake paying and simply participating. Being a small site we don't mind paying for people to mostly just show up. It also makes it so that monthly krill contests can somewhat work somewhat well across stakes. Higher players get more, but not way more.
.
This explains why you use square root instead of a linear calculation, but why ignore the number of players? Every player dealt into a 9max hand gets the same krill as two players on a heads up table?
02-20-2013 , 09:42 PM
table filter for low, med, high stakes would be great since there are so many 1/2's now
02-20-2013 , 10:20 PM
Quote:
Originally Posted by AlbertoKnox
Limit rake is capped at 50 chips, currently that is less than $1.50, when it was set it was about 30 cents. We don't like to change amounts frequently, but the caps are nearly due for a correction.
The FAQ says the rake is capped at 0.1BTC. It doesn't say there is any distinction for limit.
02-20-2013 , 10:28 PM
Quote:
Originally Posted by sinner
table filter for low, med, high stakes would be great since there are so many 1/2's now
We have requested this for the flash client from the software company, but it looks like it will have to wait for their html5 client or our custom client.

If this isn't in the Android app yet I think it will be soon, I'll check.

There shouldn't be too many empty games sitting in the lobby most of the time so sorting by stakes instead of players might help a little, less so for the middle stakes since you can't get them to the top.

Quote:
Originally Posted by karmageddon
This explains why you use square root instead of a linear calculation, but why ignore the number of players? Every player dealt into a 9max hand gets the same krill as two players on a heads up table?
That may not have been well thought out, possibly we'll add a krill multiplier for shorthanded play. The trouble at this point is that we don't want to decrease krill earnings as there is a general understanding of what is required to get to various levels so it will need to be an increase and up to 4.5x would enable players to move up much faster than originally intended. But clearly this needs some study and a fix.
02-20-2013 , 10:36 PM
Quote:
Originally Posted by obviously.bogus
The FAQ says the rake is capped at 0.1BTC. It doesn't say there is any distinction for limit.
Ah, that should be added. You can verify max rake at each table in "Table Info". It is 100 for NL and 50 for limit and 5BB if that is lower than what it would otherwise be. The percent is always 2.5% and it is rounded down to the nearest chip.
02-20-2013 , 10:40 PM
Tried the android app first time just now, it is pretty damn good! Got 2 very small and simple suggestions,
1. Option to not show folded cards (so I can see if I am dealt a hand with just a quick peek)
2. Show who wins the pot also visually, by placing the "chip" with value of pot in front of the winning player(s)


ps. also some kind of bar for choosing the betsize maybe?
02-20-2013 , 10:50 PM
Quote:
Originally Posted by JazzyZ
Tried the android app first time just now, it is pretty damn good! Got 2 very small and simple suggestions,
1. Option to not show folded cards (so I can see if I am dealt a hand with just a quick peek)
2. Show who wins the pot also visually, by placing the "chip" with value of pot in front of the winning player(s)


ps. also some kind of bar for choosing the betsize maybe?
Are you not getting a bar after you click the bet or raise buttons? You should see a bar and a bunch of options like 1/2 pot, pot, etc.
02-20-2013 , 11:11 PM
Quote:
Originally Posted by AlbertoKnox
Are you not getting a bar after you click the bet or raise buttons? You should see a bar and a bunch of options like 1/2 pot, pot, etc.
Oh yea, its just my nexus blocking it with the massive virtual keyboard! Sorry, quite new with this device.

Also, would like to see bigger dealerbutton!
02-20-2013 , 11:50 PM
Quote:
Originally Posted by AlbertoKnox
That may not have been well thought out, possibly we'll add a krill multiplier for shorthanded play. The trouble at this point is that we don't want to decrease krill earnings as there is a general understanding of what is required to get to various levels so it will need to be an increase and up to 4.5x would enable players to move up much faster than originally intended. But clearly this needs some study and a fix.
TYTY. FWIW, if 4.5x is a deal breaker I'd take 3x for HU. Would at least equalize it with 6max.

      
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