Virtue Poker is a decentralized P2P platform for playing online poker with real money. It leverages the Ethereum blockchain to provide the first blockchain-based online poker experience where players never have to deposit money on a site, the shuffle is provably random, and cards are cryptographically secure.

We recently signed on to our team Dan Colman and Brian Rast as advisors. Check out the full write-up on PokerNews here:

https://www.pokernews.com/news/2017/...rast-28926.htm

Virtue Poker Links:

Website: https://virtue.poker/
White Paper: https://virtue.poker/wp-content/uplo...-DRAFT-0.1.pdf
Blog: https://medium.com/@VirtuePoker
Twitter: https://twitter.com/Virtue_Poker
Email Sign-Up: http://eepurl.com/cJIcKf

The future is here - FU stars

Will be the botting and colluding dream platform.

Found this--it explains the way they plan on combatting collusion/bots: https://medium.com/@VirtuePoker/info...r-3cac71e8bbcb

It sounds a little convoluted, but I'm rooting for y'all. The Ethereum Revolution is coming.

I like the idea, but not sure about this system. Looks complicated, many players will never understand how it is working, system is demanding continuous supervision and human input (that means employers), justice system is based on volunteers ? I cannot imagine it will work. But I was also wrong about bitcoin, maybe it is future
Are you planning anonymous tables/no history or bot/software operator paradise?

I actually watched a video on a decentralised platform the other day. Will they be able to put up copyrighted stuff without any issue on the platrform? Love the idea. Theoretically could lead to vastly reduced rake maybe?

There's big potential for virtue with spin-style games. The rake on those tournaments is still ridiculous imo, especially compared to HUSNGs nowadays.

What is the rake going to be?

hodl

Sounds like a scam or the start of a Ponzi scheme to me. The only part that has to do with Ethereum is the money part? Will we have to wait for the RNG to confirm transactions before we see the turn? What other payment methods will be available or is this site is only for the tech friendly?

I am so rooting for this. Very nice job so far and best of luck

Bots can not be stopped. Is illusion. You will have to spent millions on security and increase rake. Just another poker company
Rather make games which are not solvable:
1.bounty spin and go - 6max with bounty bilder, no heads up
2. 3max spin with powers up functions - allways new varibles
3 MTT with bounty builders. Fast MTT starting 30bb
4. 6 max cash with some random antes and extra blinds. Forced raises. Like 15 % of hands are just randomly pick up by software and raise 3x. Imagine increase of VPIP. Would bo tone of 3/4/5 bet battle, tone of all ins. Playing boards with widder range. Impossible to solve all those situations with forced raises, and some randoms big blind at CO, or 4 small blinds at table.
5. Change structure, format of poker.
6. Increase winners/losser ratio by lowering rake, multitabling limitations, annoymous tables. Winners should pay extra fees. Every extra table above 4 has higher rake, diff goes for rec promotions.

Def aim should be more positive variance for recs, they should have more fun for their dollars. And increse numbers of winners.

gtfo with all this nonsense.

was also concerned with security but seems like they will have a security review team after all and each table will have a player autopolicing the games by submitting the hands played to the security team anyway. nice way to observe all the action on the site without allowing observers like ptr sharscope etc.

Tbh they have me sold on their idea to prevent cheating. Something like that works in CS GO already for example. Granted it is not perfect but it could be still better than 90% of the sites now.
If they add reasonable incetives (plus access to hand histories at least for the judges to review stats/patterns) this could make games hell of a safer.
I mean the biggest bot rings that took a ton of money from the ecosystem were caught by players. So the idea is really sound. I mean the biggest issue now is that the security teams are notoriously understafed at most poker rooms online (it isn't priority for them except for the credit card fraud). So having an additional layer of security for me looks reasonable.

Not to mention that decentralized poker is a future (if you combine all the clubs on Chinesse apps they would be already very close to Pokerstars (small stakes + because they don't offer microstakes)

I mean at this point I am cheering for every new project in this environment and it is a sound idea. Hope the funding will go fine gonna buy some tokens myself.


One of the biggest issues now in poker is regulation that excluded a ton of countries that are left either with no options to play or some super shaddy ones. Here you have a decentralized poker room with no possibility to block. So US guys,French,Chinesse,Indonesian,Australians could play there. Give them some solid marketing campaign and they could get big very fast.

I'm too old to understand all this crypto currency stuff... but instinct tells me that people are tired/lack trust in the current model... so I think a few of them will rise much higher than bitcoin.

As for the model of the site in regards to security... why not. There are plenty of people I trust in the online world whom I've never met. What I don't trust is established websites to keep me safe from collusion. Another set of eyes actually watching the games sounds like a good thing.

Best of luck with the venture and I instinctively trust Dan Colman as I think he's a man of strong integrity. Having him on board would sway me into jumping into something that tbh I'm not very sure of.

Well the idea is pretty simple poker room where everyone can play and you keep the funds so no risk of getting scammed for the money. Plus no option for people to see tother people cards/superuse. I am already sold on this project.

I looked into it awhile back, but probably going to pass on this one as it stands now. Ethereum isn't a good platform for hosting poker because of the fees, unless you're playing very high stakes then you really aren't going to like the rake on eth.

Also there are already other eth poker projects with working demos, I don't think these guys can get this done efficiently enough to show a real profit for investors. The justice system won't stop the problems, it just opens up new routes for potential abuse. Even just a small bias in a justice can have large consequences, and we're all human so it's to be expected. It'll just be a ton of extra overhead for little to no gain.

I'd love to see decentralized poker and would support it for sure, but I don't think this system will be the best answer.

ETH is an interesting toy and it might even be the prototype for something that eventually works. But doing anything involving money (or anything you care about) on it is strictly for fools as far as I'm concerned. (Or people doing pump-and-dump ICOS on the backs of fools.) There are some real, huge problems.

Please enlighten us (and the investors who have put $26B into it) about these real, huge problems.

fud

If they're really using Electron to build the desktop app, this thing is gonna be awful. Electron apps are always bloated and slow.

For one thing, there's no way to fix bugs in smart contracts, and the ETH powers that be have demonstrated that they're willing to roll back their entire blockchain if they find one big enough.

That by itself is enough to keep me far, far away.

I'm making my first post on here in two and half years (and that post was just a one-off, it's actually been more like five years) to say that I'm really looking forward to this and can't wait to see it in action. Sounds like a great idea.

What is the cost of gas to play a hand of poker?

http://ethgasstation.info/

Contracts: Median Gas Fee $0.282
There's no listed aggregated information about the distribution of fees listed.

I read through the white papers quickly, but I'm not clear on how many contracts are required to play a poker hand, is it one contract per player?
6 in a 6 max game?

It seems really cool, but the rake details are super sketchy and several parts of the white papers read like cheesy propaganda. I was pleased to find you on 2+2 given that your papers also suggested there would be community engagement.

That is to say, I don't get it. I'm not sure I want to buy poker chips from you before you can demonstrate that you're a real casino that can at least cover the cost of your operations given that the house seems to be investing $0 to back players bets?

I have almost completely given up on poker, so I'm totally sold and on board for this idea. A decentralized network is definitely the future of online poker. I mean, you certainly can't **** up the poker ecosphere anymore than it already has been.

I'm most worried about botting and collusion, and I'm sure there will be no way to entirely eliminate this from poker, but hopefully you guys have some ideas to really tackle these issues better than it's been done before.

Will there be a beta to test out sometime in the near future?