The rolls are in dollars or local currency in the clubs. You don't lose or win any chips if the Btc dump or gains (Btc is only use as a transfer method)

No clue how this occurs in practice but A is not the correct way of handling this. B is correct though.

Situation A is why that one club mountain poker went under in Ppp.
Dude kept all his $ in BTC and when it tanked, he couldn’t pay people back.
It’s a gamble for agents or owners to keep all their $ in BTC.

Everyone that i’ve dealt with goes with B. A seems way too complicated.

A seems absurd
But either way it needs to be consistent

ok thanks for the answers.

A is a fictional fairytale method. Nobody will use this.

How would I find an agent and info on their trustworthiness?

Aside from the RNG stuff I have a different agent scenario....

Let’s say a local agent, host, game runner that you know face to face whatever you wanna call it...makes a club let’s say 50 guys on poker bros or PPPoker and you Venmo him 100 converts it to play chips and you play tournaments and cash and you win and turn it into 350 and you’re agent sends you the 250 in Venmo to cash out the profits and you leave the original 100 (you’re choice) to play more.

I don’t see a scam with this scenario do you?

The way I see it it’s the same as going to a brick and mortar club buying chips and settling up at the end of the night

Also chances are they’re not hackers as well and nobody is in collusion would you feel comfortable with a setup like this?

That is not the risk as it stands.


Think of this on a small scale.

You have a 9 person table where everybody deposits $100
Host is holding $900
Game runs for 2 hours and rakes $100 an hour.

$700 left on the table, spread out around winners/people with stacks.

He pays out $700 to the people and has $200 left, no problem.


Now consider, 6 of you send $100, the host doesn't bother but sends himself 100 chips and 2 guys are on tick for the $100.

Now the host has $600, 900 chips on table.

They run for 2 hours, make $200 rake and owe $700 in chips back to players.


Money isn't there, all good as long as you don't want to cash out immediately, what if one person has all 700? Bad debt and credit lines are the biggest issue for clubs. Ponzi schemes are rare because in an industry with very small overheads just operating for longer is better than ruining your rep to steal player funds (Usually). But it certainly does happen and is the second biggest risk to players.

That's exactly how it's supposed to work. You should be able to take out all or none of it or any amount in-between. Per the previous post, the real issues tend to arise when your agent lends money to his players.

had a question about the BBJ. Did they recently change it to need to lose to quads? this was in Nlh. had aaajj lose to aaakk. board was a5jak. aj vs ak

I read that a couple times trying to figure out what was abnormal about that scenario.

If you read the instructions again, you can see it says your full house AAAJJ has to lose to quads or higher. Your full house lost to full house.

Yeah A's full needs to lose to quads/straight or royal flush. Unfortunate beat for sure.

I've played in two clubs. The first one was pretty small and I smashed the field really badly and never had anyone contact me saying to not win so much or threaten to ban me or anything like that.

Ok totally got that....my assumption was the agent isn’t doing this to be nice so he has to be getting something out of it as well. I’m guessing he gets a piece of the rake from PokerBros

So if that’s the case he would have to dip out of his own kickbacks to fill in the gaps from the chips that are taken off the table from the original buy ins

Seems like the safest way would be don’t leave anything in there for more than a buy in or two and when this is all over and cash out before the local game runner starts live games again.

On a side note the game runner should have a little reserve find from the live games he was running where he took the rake and treated it like a business and kept it separate from his own personal expenses

Your logic sounds backwards on that.

Simplistically, if a group of players bought 1k in chips, that means the agent now has $1k to pay out. Let's assume over time rake takes 10% of the chips. That means there is only 900 on the table. So, if everyone were to cash out the agent would pay out $900 of the $1k he received. So he still has $100 above and beyond what he needs to payout.

Of course, the agent has to pay fees to the poker site too. I don't know the exact business model but like you said the agent has to get a cut so the business model has to be such that the site takes $99 or less, which means the agent has money to pay everyone else and profit.

Not knowing how the business works I suppose there could be a risk that if the club manager is paying the site upfront for chips/etc and then the club shuts down very quickly for some reason that the club manager may not have the full money for payouts. However, that would mean that 1) The club manager didn't have capital to start this business venture in the first place and 2) The club manager commingled funds which is obviously a big no-no. As long as funds aren't commingled and as long as players aren't getting loans and the manager/agent isn't playing off other player's dimes then payouts should be eazy peazy.

Of course I'm sure it's more complicated with large unions and such with BBJs and tournament payouts.

*note: I'm pretty much using the words agent and club manager interchangeably here for purposes of this example.

What are the odds of a straight flush hitting twice within 34 hands in a tournament? Seems very unlikely, and flushes seem to be the thing today on poker bros.
I screen shooted both but no clue how to post them.

What's missing from a lot of the examples given here, is that rake is extremely high in a lot of these games. At the very minimum, that fact that it scales evenly across stakes, means that the bigger games aren't the same credit risk as they would be for a traditional site, with $3 rake cap all the way to 25/50.

I just got an invitation from a friend to play on PokerBros. Advice please?

Make sure you trust your agent, and do some research on the club/union you'll be playing in. Don't keep too much money on the account, only what you can afford to lose.

Is there any reason why tables close at all? It doesn't seem so great when a game gets going to have it close all of a sudden.

They have timers Or a owner closed the table

When you come back to a table you always come back with your full stack right? Like, I swear I was gone for a long time (hours) and I opened up a table and I automatically came in with a big stack. I could be wrong but if that is the case then they would want to close tables periodically. Also, seems like there are probably back-end reasons (ie not tying days worth of data to a single table).