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Phil Galfond to Start a Poker Site (Launched) Phil Galfond to Start a Poker Site (Launched)

02-07-2019 , 07:32 PM
Quote:
Originally Posted by Exothermic
What is the timeline for a fast fold poker variant?
Hi Exothermic,

Please see 1:06:18 of the video in this post.

https://forumserver.twoplustwo.com/s...postcount=9312
02-07-2019 , 07:34 PM
a higher number of fun players than I thought would be possible at this stage. must be from pokernews article or twitch
02-07-2019 , 07:40 PM
Quote:
Originally Posted by Phil Galfond
Correct - it is a 1st deposit bonus only. I explained a bit in this post how we wanted to improve it a bit more than we got to in time for launch.



Thank you very much for the honest feedback. We have been working on addressing all of your concerns other than the Table Alias (anonymous) system and the chat, as those were intentional. If you're curious and haven't yet read about our reasoning behind some of our decisions (and you have hours to spare!), check out my posts on https://runitonce.eu/news/.

I very much appreciate you pointing out the things you really enjoy along with the critiques - most people focus on the good or the bad, and it's nice to hear both sides from you (not that I mind the 100% good posts ). We're continuing to work hard on making improvements, and I hope we're able to convince you on our product in the near future!



(To both of you) - could you clarify whether the trouble is the actual download or the installation? We are aware of some Mac installation issues, but not of any download issues. Would love some more detail so we can get this fixed. Thanks!
yeah sorry Phil installation
02-07-2019 , 10:42 PM
Quote:
Originally Posted by TimStone
expected abit more "revolution" in rgds to rake.

while yes, it's cheaper than stars or party it still uses the old and stupid system which results in way to high rake in BB on the lowstakes and way too low rake on 1k++

these days you arent really competing with Stars or Party for traffic, you are competing with unregulated chinese apps who are using an entire different (and for lowstakes and micro players) way better rake system.


which NL50 or NL100 player would be playing for 7-10bb/100 in reg heavy games if you can play in 3-4bb/100 NL60 and NL120 games with 3++ recreational at each table?
This.

It should also be noted that when raked is paid as a % (generally ~5%) being taken out of winning sessions you drastically reduce the situations where a player has a skill edge over the players they are playing against and end up being obliterated by the rake. This is especially true when winrates are at or slightly above 0 like at microstakes where the rate at which rake is paid is going to far outweigh many player's skill edge.

If you are breakeven against the player pool prerake in games you are paying 5% rake on winning sessions and win 50% of your sessions which are 1000 hands long, with an avg winning/losing session of +/- 400bb you would end up losing at only -1bb/100 to the rake.

I'm going to conservatively guesstimate that a game like 20Euro PLO on RIO with 4.5% and 2Euro cap is still going to end up be raked at ~16bb/100 (Splash The Pot's regular portion of pots are still raked), with 51% returned that ends up being 7.84bb/100 paid in rake. If you are a "breakeven" you are going simply lose at the rate you are being raked which in this case would be -7.84bb/100

I don't think I need to point out that there is a big difference between paying 100bb and paying 784bb to play 10K hands of "breakeven" microstakes poker.

Please rethink the rake structure for your microstakes games.
02-07-2019 , 11:22 PM
I've finally got the client working after uninstalling and starting off from scratch - my email to support from Wednesday hadn't been answered so I tried again myself.

As I mentioned before, I really think you need to reconsider the initial deposit bonus.

There is no way I am going to deposit a few euros to help you get going if it means I can't get a decent deposit bonus once you start to run the games I actually play.

Catch 22 situation.
02-07-2019 , 11:30 PM
Quote:
Originally Posted by MikkeD
I've finally got the client working after uninstalling and starting off from scratch - my email to support from Wednesday hadn't been answered so I tried again myself.



As I mentioned before, I really think you need to reconsider the initial deposit bonus.



There is no way I am going to deposit a few euros to help you get going if it means I can't get a decent deposit bonus once you start to run the games I actually play.



Catch 22 situation.
+1 for deposit

Sent from my SM-G925F using Tapatalk
02-08-2019 , 12:51 AM
Quote:
Originally Posted by dhubermex
Hi Exothermic,

Please see 1:06:18 of the video in this post.

https://forumserver.twoplustwo.com/s...postcount=9312
That sucks, alot of players have gotten too use to the fast fold format to move back to the old, slow style of poker.
02-08-2019 , 02:09 AM
Quote:
Originally Posted by Phil Galfond
And you guys thought STP would make everyone too loose
They are folding in a 200bb pot, dont you think they are bots?
02-08-2019 , 02:26 AM
Quote:
Originally Posted by Lemon93PCTSure
Wait
how come he went all in in PLO pre?
EDIT: Oh I'm dumb
The Pot counts with the added money in the middle
That's ****ing hilarious in PLO


In theory everyone should just jam right? Feels like pure gamble
PLO is pure gamble.

Quote:
BLOCKED COUNTRIES:
Afghanistan, Australia, Belgium, Bosnia and Herzegovina, Bulgaria, Colombia, Czech Republic, Democratic People’s Republic of Korea, Denmark, Estonia, France, Germany (State of Schleswig-Holstein), Greece, Guyana, Iran, Iraq, Italy, Lao People’s Democratic Republic, Portugal, Romania, Singapore, Slovenia, Spain, Sweden, Switzerland, Syria, Uganda, United States of America, Vanuatu, Yemen
So basically all the fishiest countries are blocked beside Brazil.
02-08-2019 , 04:22 AM
Quote:
Originally Posted by SeaKing
This.

It should also be noted that when raked is paid as a % (generally ~5%) being taken out of winning sessions you drastically reduce the situations where a player has a skill edge over the players they are playing against and end up being obliterated by the rake. This is especially true when winrates are at or slightly above 0 like at microstakes where the rate at which rake is paid is going to far outweigh many player's skill edge.

If you are breakeven against the player pool prerake in games you are paying 5% rake on winning sessions and win 50% of your sessions which are 1000 hands long, with an avg winning/losing session of +/- 400bb you would end up losing at only -1bb/100 to the rake.

I'm going to conservatively guesstimate that a game like 20Euro PLO on RIO with 4.5% and 2Euro cap is still going to end up be raked at ~16bb/100 (Splash The Pot's regular portion of pots are still raked), with 51% returned that ends up being 7.84bb/100 paid in rake. If you are a "breakeven" you are going simply lose at the rate you are being raked which in this case would be -7.84bb/100

I don't think I need to point out that there is a big difference between paying 100bb and paying 784bb to play 10K hands of "breakeven" microstakes poker.

Please rethink the rake structure for your microstakes games.
While I am not happy with the rake structure either and was hoping for something brand new you cannot be serious by claiming that Chinese apps charge you 5% flat for your whole winnings. If you ever played there or are an agent, you know that in the end, it won't be simply 5% but way more. I've played on PokerMaster and the amount I paid in rake is roughly 20% compared to my winnings. On top of that you pay 5% for cashing out and get cheated by colluders, bots, forced insurance when all in, etc.
02-08-2019 , 07:38 AM
Hi Phil,

I played on your site on Wednesday and unfortunately was very disappointed and even shocked with the experience.
The software is nothing short of an abomination.

The tables froze on multiple occasions, I had to close the site and restart the session.

You can't sit back in after timing out.
You can't resize the tables.
You can't tile the tables.
You can't download your hand histories (yet).
There is no hand history replayer, just some god awful text format.

The auto rebuy did not function properly.
I had to select "Add money to the table" from the settings menu and then close 2 message boxes every time.
One table darkened almost completely and stayed like that until I discovered a message box which needed to be closed was hidden behind/under a table.

If you click on the bet slider, the bet buttons stop working for that round of betting. Unbelievable.
The bet slider leaves almost no area to click on when trying to reduce the size of a small bet.
Ideally the bet slider would have arrows at either side for incrementing and decrementing the size.

The post flop betting buttons should allow any percentage e.g. 33% instead of having to round down to 30%.

The table background and title bar are too similar in color.
This makes it more difficult to determine which part of the window can be clicked and dragged in order to move the table.
At least the lobby is clearer in this regard.
There is too much emphasis on slick/cool appearance at the cost of clarity and practicality.
There should be more themes available for cards and backgrounds, one is not enough.

The dealer button is obscured by one of the player's chips.

Checking for updates on start up takes too long.
The client does not save your username or password.

Some of these things are minor but others are unforgiveable.
I don't understand how you could release this........ "thing" to the general public.
I like and respect you Phil and want your site to succeed.
You are one of the few good guys in this industry.
Maybe you need to get some better software engineers becacuse your current coders are failing you.
These clowns need a good boot up the hole.

The site could have been created through open source. There are a tone of people in the poker community that code and would have contributed.
You could have at least entertained the idea.

How long have they been trying to resolve the sit back in bug?
How many bugs were identified in the beta testing?
Have any of them been fixed since then?

It's like the car that Homer designed, but worse.

I had such high hopes for this site......
02-08-2019 , 07:45 AM
Quote:
Originally Posted by Jaznin
......
You didn't read the known issues did you?
02-08-2019 , 07:49 AM
Please have a solution to disconnection/reconnection ASAP. Now if i get disconnected I cannot recconect to tables, they get frozen, while I can open a new table without any trouble.
02-08-2019 , 08:03 AM
Quote:
Originally Posted by Jaznin
........
I think you went in with the wrong expectations. The software is still in beta and most of the issues you listed are known bugs. Phil knows how online poker software should look like, he played it for 10+ years. Give them some time to get there.

I knew the bugs and issues and went in with different expectations and haven't had any major issues yet. Yes some things are annoying but I'm pretty sure their team is working hard to get there. Rome wasn't built in one day.
02-08-2019 , 08:05 AM
Quote:
Originally Posted by MikeTHEBOSS
Phil knows how online poker software should look like, he played it for 10+ years. Give them some time to get there.
I don't mind the bugs, it's a beta. But to be fair, he had almost 2 1/2 years.
02-08-2019 , 08:06 AM
Hi Phil. There's a person in Run it Once Twitch streams who's answering peoples questions and his name is RunitOncePhil.

Is that you or is it somebody else who has a little bit too much time on their hands?
02-08-2019 , 08:14 AM
Quote:
Originally Posted by tikmassy
They are folding in a 200bb pot, dont you think they are bots?
I'm not a coder or a bot maker by any stretch of the imagination but I have to believe that it would be almost impossible for a person to have a bot ready on the first days launch of a site.

My guess is people realized that they would have to go all in to win the pot and they just didn't want to take the chance with garbage hands and 0% fold equity.
02-08-2019 , 08:56 AM
Quote:
Originally Posted by Maximus122
Hi Phil. There's a person in Run it Once Twitch streams who's answering peoples questions and his name is RunitOncePhil.

Is that you or is it somebody else who has a little bit too much time on their hands?
yeah, runitoncephil on twitch is him. he is watching streams and answering questions
02-08-2019 , 08:59 AM
Perhaps Phil finds it less comfortable to do other online work when he's on a babysitting shift, while chatting on Twitch is an easy way of killing time
Quote:
Originally Posted by insyder19
I've played on PokerMaster and the amount I paid in rake is roughly 20% compared to my winnings. On top of that you pay 5% for cashing out and get cheated by colluders, bots, forced insurance when all in, etc.
The rake that major sites collect is usually 30%+ of what the winnings would be without it, so the reason why I'm avoiding Chinese apps (apart from my weakness at CGs) is the cheating that you've mentioned.
02-08-2019 , 09:38 AM
Quote:
Originally Posted by PUezMoney
I don't mind the bugs, it's a beta. But to be fair, he had almost 2 1/2 years.
Do you understand what beta release means?
Do you understand that 2 1/2 years of development is not that much taking into account the huge undertaking this is?
Do you understand that some of the initial "issues" reported also include some items that are not issues but will just not be features because of the sites purpose?
02-08-2019 , 10:22 AM
Damn 20-30%... I pay more than 50% in rake of my winnings.

In relation to poker sites and these poker apps you have to take into account the security of the games and most of all the security of deposits (though there's been quite a few bad actors inthe past in regulated sites). I'm sure most registered sites have to go through alot of regulations. There's also the payment processor fees. So it's natural that they take more rake than those apps.

Last edited by JackBurton; 02-08-2019 at 10:27 AM.
02-08-2019 , 01:15 PM
A lot of people don't seem to understand you cant just launch a site with SNGs, MTTs, Zoom, mixed games etc.
02-08-2019 , 01:48 PM
Quote:
Originally Posted by AndyM2033
A lot of people don't seem to understand you cant just launch a site with SNGs, MTTs, Zoom, mixed games etc.
How did FTP and Stars launch? What games did they have? I know that Stars software was way worse than it is now, but did they really not have cashgames as well as MTT right away?

I am not a coder so I might not understand, but why can't RIO offer tournaments?
02-08-2019 , 02:03 PM
What? Without rush/zoom I can understand for not splitting the cashgame player pool, but launching without MTTs and to a lesser extent sngs is a pretty big mistake in my view.
02-08-2019 , 02:15 PM
Having every offering in poker will split what little traffic they get at the start and it would cause people to wait for seats or play 2/3 handed. You want that rec to visit your site and have a good first impression.

They are still in beta so if they were to put on a 20k GTD MTT and something went wrong it could cost them a chunk of money.

I have no idea what it was like when Stars entered the market but this is a very competitive one where it's hard to get players to move their action. They need to build slowly IMO.

      
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