Topic: New Poker Brand for BTC - page 4. (Read 3523 times)

Free money to signup is always good.

I have better things to do with my time than gamble, but if sites want to give me a chunk of money for spinning some colorful slot machine, or flipping card on screen - well they are paying me so I'll do it:)

I agree! I have already taken into consideration the possibility of losing afew bitcoins over GTD tournaments for the first 3-5 months of launch. But also for cash players, we are now coding a new system for rakeback, where you will see how much rakeback you are generating on the fly, per session. ill shed out some more info on that regards closer to launch time.

thank you for your feedback. Its always good to hear

"I am currently under development of a new software for a poker room."

We don't need a Brand. We need a poker room with adequate management to acquire enough traffic for normal play. Currently if a bitcoin poker room have more than a single ring table running, it's like a real holiday.

IMO the best way to promote it is to have MTTs with guaranteed or added coins to the prize pools. Freerolls are only attracting... freerollers.

agreed with that
if you have new poker site please dont make creazy freeroll with big prize pool , im sure you can got flooded fake player on there after the freeroll finished everyone just leave and withdraw your free money with nothing feedback.

daily freeroll its good advice for started promotion

No.

ONE freeroll maximum (for a small reward) without any prerequisites. The rest should have X rake accumulation requirements so you know it's real players. Then it becomes an additional rakeback opportunity.

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You want to reward persistent players with freerolls, not the degenerate masses that will flood in.

Thanks for your input.
Not planning on crazy freerolls, but don't you think a few freerolls a day will bring Afew potential real players to try the software out?

the topic will have a lot of spams ( started at post number 1 which was clearly a spam ) , so it's too much hustle for you
if you are serious about the site you should simply try to offer what others site not offering and at the same time don't lose money
so a higher rakeback or a good vip system should be great , also of course a good software

and my best advice is not to offer crazy freerolls , cause during my experience here freerolls weren't a success at all
sites that offered big freerolls at their launch  don't exist now , players who cashed simply made withdrawals
so true poker players don't need freerolls , it would be better if you offer freerolls for real players like rake X amount and win a ticket

Hey thank you for responding

25BTC or around $50K is around the first phase marketing budget that I'm putting into this - pure marketing. Not promos. I'm not worried about the whale, he's welcome to join we'll be fine 😃

Hey thank you for responding.
Honestly, I'm not relying on bringing in new players by posting on this thread. Players come from marketing. But to fully understand how to market you got to engage with your users. From what I learned so far, BTC poker players are not the same as the typical fiat players you get on all the regular sites. So I opened this thread to get as much input as I can.

It seems like you are really experienced with this kind of things.
I mean, you are already making a pre-marketing strategy by asking the users of what a poker site should be.
I dont have much ideas about this. I just rely on the one's who created it and play the game and see the errors within while playing.
But we wont see it while it is not yet out.
I guess I will just be reading here to see the next things that will happen.
A good promotion now, you are already making users think it will be a good poker site because of this.

Deposit and Withdrawal Time?   2-3 days is fine with me
Minimum Dep and Withdrawal? there should be no min deposit... but with 100k fee i don't see people doing less then 0.01
Rakeback?     i don't really worry about the rake back id pref 40% of all rake turned into player tier freerolls
Licenses for your region? never matters rooms with them has scammed before.
Customer support? Language? Live-Chat      this is the key.... have nice support not ones who give a fake solution then closes chat.
What currency to host the games in?    id pref a currency 1btc=1,000,000 chips
Freerolls?
Free money to sign up? no... because you would need enough to cover all of the players and when there's free money  you get 10x the amount how ever much it is i wouldn't trust you had the funds to cover this without proof of your btc holdings.

Rake percentage? 5%


Now for my opinions...
when btc started blowing up there was like 10btc poker rooms "atleast"

swc
betcoin
infiniti
nitrogen
pokerdominico
pocketrockets
satoshipoker
and 2 others that i can't remember
one had a nice vs ai system.


And now swc is dead and betcoin is shit.
I wish i supported some of the other options.

That will be your biggest problem noone wants to play a site with low traffic... so you're gonna have to have an amazing launch....

If your software is good start in ico so you will have good promotions running until the traffic goes from low to med

don't waste funds for no deposit... 90% of people getting this will lose it within 5mins and never play there again.

I think these will get the most traffic for you.
Leagues... freerolls with no prize but ladders every week the top 10players win 0.01btc each

faucet 1k chips per 60mins (10k sat)

For the faucet or any no deposit offers it would be important to add brm feature...
Players can only enter with 5%-10% of there bankroll (Which can be disabled when they reach a higher tier)
this insures they don't play 5mins lose and quit... which will generate more rake plus keep a higher amount of traffic.




I agree with what you are trying to do here by getting input before launch however I think the only important factor is start-up capital.

Programming and developement these days is very cheap compared to the required capital needed to run a gambling site.

I think unless you got at least >25BTC available for gambling capital then the rest shouldn't be attempted.

Reason being you might have a bad week and one whale can take the entire sites BTC wallet and what happens then? Everybody who deposited will get nothing.
[/quote]

That's why there's a rake "fee" if a whale cleans everyone the site doesn't go broke unless...... the owner runs promotions he can't cover

I agree with what you are trying to do here by getting input before launch however I think the only important factor is start-up capital.

Programming and developement these days is very cheap compared to the required capital needed to run a gambling site.

I think unless you got at least >25BTC available for gambling capital then the rest shouldn't be attempted.

Reason being you might have a bad week and one whale can take the entire sites BTC wallet and what happens then? Everybody who deposited will get nothing.

If that rakeback system is part of some earned rewards program in which the various rake percentages are in addition to a base standard rakeback % that every player gets no matter what stakes they play, then maybe.

But if that rakeback schedule is what you plan as the base rakeback for all players - i.e. according to the stakes they play, then you will never get any mid, low, or micro stakes players as they will play at other sites where they will get better rakeback obviously. All you will get is high stakes players who are ok with just 30% rakeback, not including any additional effective rakeback from VIP/Loyalty rewards if any. Which is fine if that is the only players you are looking for. It certainly won't include any freeroll players, that's for sure. I guess you'd also get clueless players who don't even know what rakeback is and who wouldn't know any better anyways.

Hi MileWilda.

Thanks for sharing your opinion.
Indeed I am working right on coding a rakeback system where players will be rewarded a percentage of rake according to the size of table they sit on. For example high stakes may receive 30% rakeback, mid-stake 25% all the way down to micro which might be 5-10%. that way we also reward the higher limit players.

In my view, freerolls are still good for almost any brand. It helps new players to get accustomed to playing and veteran players just to get a feeling for the vibe of the software.

Freerolls would really be nothing compared on Rakebacks and as you said the ratio would really be like that when it comes to free rolls/free money. Its the most common thing that is being used as of now but it wont really be much more effective since people would really rather choose up rakebacks including me. Suggested things on earlier post are good there no need to repeat.

Deposit and Withdrawal Time? Deposit - instant. Withdrawal - processed within 24 hrs.
Minimum Dep and Withdrawal? NO, especially no min withdrawal, at least not some ridiculously high min withdrawal.
Rakeback? YES, weighted, contributed, at least 27% or higher. Higher if you want to be competitive.
Licenses for your region? No
Customer support? Language? Live-Chat Yes, English
What currency to host the games in? Bitcoin or chips converted from Bitcoin
Freerolls? Don't care. Freerolls just attract non-depositors mostly, imo.
Free money to sign up? Don't care, especially if the play requirement to unlock funds is unreasonable.
Rake percentage? Low, especially for heads-up/ short handed tables

VIP/Loyalty Rewards Program - Yes

Fast withdrawals, a generous VIP/Loyalty Rewards program, good rakeback and excellent customer support are more important (to me, at least) than any amount of freerolls and/or deposit bonuses.

Hello and thank you so much for your insights. Indeed it seems you have a lot of knowledge in this vertical.

So just to make it clear, I am not building this software from scratch. Rather I am licencing a ready made poker software and am adding several elements and layers on it. Ontop of that, I am changing the design of the lobby and rooms. Both for download and mobile versions.

You have made some very interesting points and I will definitely take them into consideration.

As I mentioned on other posts, I actually have quite a bit of experience in building brands from the ground up, and have run some affiliate networks in the past. Never poker, but as a player, Ive seen them all (that's not to say that I know exactly what triggers new players to come and stick around).

I agree with you 100% regarding free money and overplaying freerolls. However, since we are dealing with bitcoins, I'm not so sure that we are talking about the same type of user, that's why I have asked the kind of questions that might sound quite obvious. I have noticed for example that bitcoin users are MUCH more sensitive to rake for example than normal users are.

Ive also noticed that most of the people ive spoken to within this community infact don't care too much about regulation, which I find odd as in real fiat currency the answer would be completely different.

Id be very interested talking to you more.
If youd like please send me your skype by mail here and ill add you.

Thank you for your feedback.
We will have several freeroll options as well as exciting new games never seen before specifically targeting new players

Deposit - after 1 confirmation
Withdrawal Time - ASAP
Minimum Dep and Withdrawal - 10$?
Rakeback - yes
Licenses for your region - yes
Customer support - yes
Language - english
Live-Chat - no
What currency to host the games in - bitcoin
Freerolls - yes
Free money to sign up - yes