Peerbet.org - Play without house edge! - page 24.

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Quote from: giantdragon on December 15, 2012, 04:14:48 PM

I have started development of the Texas Holdem software based on HTML5. It will be the first rake-free poker room! Stay tuned!

There is a game poker players play called "flipping". Basically they agree to go "all in" pre-flop regardless of their hand. So long term this is a 0ev game minus rake, but the problem is you have to trust all parties and eventually someone comes and ruins the game by waiting for a good hand. So maybe try to make a game like that? This way you don't have to worry about collusion and bots.

edit

here's a youtube clip of phil ivey and ziigmund flipping for 200k pots.

http://www.youtube.com/watch?v=Nk1ZHh9gER4

giantdragon

legendary

Activity: 1582

Merit: 1002

Pending deposits processed.

We have switched to the BitPing, now deposits must be credited automatically.

giantdragon

legendary

Activity: 1582

Merit: 1002

Our payment notification service (BitcoinMonitor) went offline. If you have sent deposit ant it was not credited, please contact us!

giantdragon

legendary

Activity: 1582

Merit: 1002

Stats page have been updated. Total amount of the deposits and withdrawals ever made now public. Also raffles with single participant (when one player bought all tickets to test the game) will not be included in the stats "Turnout" metric.

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: finkleshnorts on December 19, 2012, 09:47:15 PM

Woohoo! I won big!

Raffle 142: WIN

Status: Finished December 17, 2012, 22:32:15
Prize value: 2.00000000 BTC
Single ticket price: 0.05000000 BTC
Tickets (sold/total): 40/40
My tickets total: 6
Winning odds: 15%

Wow, nice! I bet there's some guy who brought 36 tickets at 85% odd and was like "OH NOES".

giantdragon

legendary

Activity: 1582

Merit: 1002

Now you can set expiration time for the each raffle!

If all tickets will not be sold before expiration date, all participants will get a full refund!

finkleshnorts

sr. member

Activity: 336

Merit: 250

Woohoo! I won big!

Raffle 142: WIN

Status: Finished December 17, 2012, 22:32:15
Prize value: 2.00000000 BTC
Single ticket price: 0.05000000 BTC
Tickets (sold/total): 40/40
My tickets total: 6
Winning odds: 15%

chriswen

hero member

Activity: 756

Merit: 500

I don't know if you answered. But giant dragon isn't planning on doing a no house edge roulette.

Roulette you're playing against the house. The house actually has some risk that they need to take. Peerbet there is no housedge but the house doesn't have any risk.

giantdragon

legendary

Activity: 1582

Merit: 1002

You can make a full refund if no one have bought tickets after you!

giantdragon

legendary

Activity: 1582

Merit: 1002

Now you can see number of the players currently online!

giantdragon

legendary

Activity: 1582

Merit: 1002

UPD1. You can save your time by creating new raffles from existing! Just click a button "Use as template" under the banner on appropriate raffle page.

UPD2. You can instantly buy all tickets available by clicking "All" button near "Tickets" input field on the raffle's page.

giantdragon

legendary

Activity: 1582

Merit: 1002

Page with the stats available: https://peerbet.org/stats.php

Also we made available a complete list of all raffles have ever completed for the statistical analysis (to prove true randomness of the game outcomes).

giantdragon

legendary

Activity: 1582

Merit: 1002

You can transfer funds from the one user (account) to the another one!

giantdragon

legendary

Activity: 1582

Merit: 1002

Ad prices have reduced!

https://bitcointalksearch.org/topic/selling-cheap-ad-slots-on-the-peerbet-131163

giantdragon

legendary

Activity: 1582

Merit: 1002

Quote from: dooglus on December 16, 2012, 03:41:15 PM

Quote from: giantdragon on December 16, 2012, 02:42:45 PM

They charged about 10% withdrawal commission instead of rake, so expected value for the players was -0.1, which is even worse than ~5% charged as rake by most conventional poker rooms.

It seems to me that 10% of net winnings would work out as much less than 5% of each pot since players will typically play through their bankroll many times before withdrawing.

Oh, you are right! But 0% fee will be even attractive Wink

dooglus

legendary

Activity: 2940

Merit: 1330

Quote from: giantdragon on December 16, 2012, 02:42:45 PM

They charged about 10% withdrawal commission instead of rake, so expected value for the players was -0.1, which is even worse than ~5% charged as rake by most conventional poker rooms.

It seems to me that 10% of net winnings would work out as much less than 5% of each pot since players will typically play through their bankroll many times before withdrawing.

giantdragon

legendary

Activity: 1582

Merit: 1002

Quote from: foo on December 16, 2012, 01:49:57 PM

Uh, no. There have been plenty of rake-free poker rooms. For some reason they all fail to attract customers though.

They charged about 10% withdrawal commission instead of rake, so expected value for the players was -0.1, which is even worse than ~5% charged as rake by most conventional poker rooms.
An example: http://www.betraiser.com/en/rake-free/

Playing poker with zero EV will be revolution, IMHO!

Quote from: HostFat on December 16, 2012, 01:48:55 PM

@giantdragon
Then your next service will probably a mixing service Wink

I don't think so. I send payments once a day, but Blockchain.info mixer sends them instantly.

foo

sr. member

Activity: 409

Merit: 250

Quote from: giantdragon on December 15, 2012, 04:14:48 PM

I have started development of the Texas Holdem software based on HTML5. It will be the first rake-free poker room! Stay tuned!

Uh, no. There have been plenty of rake-free poker rooms. For some reason they all fail to attract customers though.

HostFat

staff

Activity: 4256

Merit: 1203

I support freedom of choice

@giantdragon
Then your next service will probably a mixing service Wink

giantdragon

legendary

Activity: 1582

Merit: 1002

Why not HTML5? I think in-browser poker will be much more attractive to the players contrary to Windows executables offered by most poker rooms with spyware embedded.

Topic: Peerbet.org - Play without house edge! - page 24. (Read 106577 times)