R.I.P. BitiBets 
[a prohject that went dead before it started!]
[a prohject that went dead before it started!]
Topic: Satoshi Poker - Entire business - 2 day auction - page 3. (Read 12707 times)
Trolls will troll
Why do you say that for bitibets 
R.I.P. BitiBets
[a prohject that went dead before it started!]
[a prohject that went dead before it started!]
Its not worth my time for a 10% cut where the project is at currently which is why I offered it where I did. As I posted earlier, Im starting my own poker site called BitiBets, its powered by Enterra software. It should be all put together and ready to go within the next two weeks. Financially it made a lot more sense for me to do so.
@BitcoinFlush Goodluck selling your site
@BitcoinFlush Goodluck selling your site
Satoshi doesn't pay Enterra any royalties. If for some weird reason they are, they got completely ripped off. I believe Satoshi can get turned around as well, why I offered to do a group purchase.
Well if you offered to run it for say 10% management fee I could be interested in investing 5-10btc, but no way will I be interested in you taking a 50% share for 5btc (basically a 20% state but a fee on top of all rev's, you would have 20% stake in company and I would have 20-40%). But I would also want access to accounts and any financial info, and any decisions run by me for my agreement.
Sorry I don't know you and dropping this money would require regular updates etc....
Phil
You pretty much hit on all my feelings. There's already a risk factor here. Introducing another (in terms of the partnership) just makes it that much worse.
Satoshi doesn't pay Enterra any royalties. If for some weird reason they are, they got completely ripped off. I believe Satoshi can get turned around as well, why I offered to do a group purchase.
Well if you offered to run it for say 10% management fee I could be interested in investing 5-10btc, but no way will I be interested in you taking a 50% share for 5btc (basically a 20% state but a fee on top of all rev's, you would have 20% stake in company and I would have 20-40%). But I would also want access to accounts and any financial info, and any decisions run by me for my agreement.
Sorry I don't know you and dropping this money would require regular updates etc....
Phil
Satoshi doesn't pay Enterra any royalties. If for some weird reason they are, they got completely ripped off. I believe Satoshi can get turned around as well, why I offered to do a group purchase.
I am very familiar with enterra and their habits 
Can you check your PM as i have sent you a message
Can you check your PM as i have sent you a message
I agree.
atleast he is worried about the players as well and not only about his own pocket.
atleast he is worried about the players as well and not only about his own pocket.
Very true. Also, in response to your last message here, I am the one that dragged you into this (as I was curious), :p. And in response to whether or not there is any ongoing fee for the site's software, I don't believe so. I think he's got whatever the full version is (I'm not familiar with Enterra and apparently you have to contact them as a buyer before they will let you know the options).
I agree.
atleast he is worried about the players as well and not only about his own pocket.
atleast he is worried about the players as well and not only about his own pocket.
Actually, enterra offers a rakeback / sign up bonus / gift / affiliate systems now
This site would be such a steal if it weren't for the damage done to its reputation
This site would be such a steal if it weren't for the damage done to its reputation
Under a new owner, it's possible to fix the problem. I think the fact that BitcoinFlush is planning to pay back existing debts is pretty big as well (and should help instill confidence in players). Essentially it's a rejuvenation of the entire brand. Is it a risk? Sure. But it's something that I think is doable with the right management in place.
Funny, Everyone on this forum seem to have forgotten about the auction and are more interested in my product.
I am here for any questions that you wish to ask.
Hello again Ranolo and Acoin.
Yes Acoin is correct, i had the cheapest licence and did not have money modules integrated. I was doing the deposits and withdraw from an external server.
I have a question for Satoshipoker owner. Did you have your own server hosted and what was a percentage that enterra was taking from you on gross?
Thanks
I am here for any questions that you wish to ask.
Hello again Ranolo and Acoin.
Yes Acoin is correct, i had the cheapest licence and did not have money modules integrated. I was doing the deposits and withdraw from an external server.
I have a question for Satoshipoker owner. Did you have your own server hosted and what was a percentage that enterra was taking from you on gross?
Thanks
Actually, enterra offers a rakeback / sign up bonus / gift / affiliate systems now
This site would be such a steal if it weren't for the damage done to its reputation
This site would be such a steal if it weren't for the damage done to its reputation
SmackThatAce is selling the cheapest license (Starter). Doesn't have real money integrated, which is why its so much cheaper.
Most poker software licenses start at 25-30k+ from reputable sites, BTC integration costs quite a bit as well. You can have one made from a team of indians / chinese for about 10-15k, but the quality likely won't be the same
Besides I'm willing to sell for 25 coins. Thats below $12k. With real money installed, bitcoin systems up and running, rakeback and affiliate system custom built (enterra doesn't have that yet). The starter version is pretty much worthless :pMost poker software licenses start at 25-30k+ from reputable sites, BTC integration costs quite a bit as well. You can have one made from a team of indians / chinese for about 10-15k, but the quality likely won't be the same
Ah, that explains a lot. Thanks for the clarification!
SmackThatAce is selling the cheapest license (Starter). Doesn't have real money integrated, which is why its so much cheaper.
Most poker software licenses start at 25-30k+ from reputable sites, BTC integration costs quite a bit as well. You can have one made from a team of indians / chinese for about 10-15k, but the quality likely won't be the same
Besides I'm willing to sell for 25 coins. Thats below $12k. With real money installed, bitcoin systems up and running, rakeback and affiliate system custom built (enterra doesn't have that yet). The starter version is pretty much worthless :p Most poker software licenses start at 25-30k+ from reputable sites, BTC integration costs quite a bit as well. You can have one made from a team of indians / chinese for about 10-15k, but the quality likely won't be the same
SmackThatAce is selling the cheapest license (Starter). Doesn't have real money integrated, which is why its so much cheaper.
Most poker software licenses start at 25-30k+ from reputable sites, BTC integration costs quite a bit as well. You can have one made from a team of indians / chinese for about 10-15k, but the quality likely won't be the same
Most poker software licenses start at 25-30k+ from reputable sites, BTC integration costs quite a bit as well. You can have one made from a team of indians / chinese for about 10-15k, but the quality likely won't be the same
Software is not worth $40,000, I can get a good quality one developed for $15k tops.
front end perhaps. but something reliable which passes gaming commission requirements?I'd also like to point out that Enterra is a trusted brand. They aren't some random person/team that popped up to create a client for someone real quick. The trust is a huge factor. While someone can probably make a site "cheaper," it wouldn't be the same. And when dealing with someone's finances, you want a trusted group handling it. The risk is just too great otherwise.
Though I am wondering why SmackthatAce says their Enterra client was only $5k. Can you shed some light on this? Maybe different options or something?
And about the trust: indeed online gaming is about trust. and then it is better to work with software from a company who has been in business for 13 years and got their shuffling and dealing algorhytms certified according to gaming comission regulations and have the ability to add more features to the same backend, such as mobile, social network (enterra has a facebook based client for sale as well) flash, html5, mac, etc etc.
Yes it would be possible to create a custom solution but as you correctly point out: it has 0 trust, it requires serious stress testing against bigger traffic, it doesnt have certified RNG's, it doesnt have scalability and when ur spending only 15k it wouldnt probably be fit to hook up other clients to it as well. Besides, I am not selling for $40k. 25 coins is below 25% of the software price...
Here's their thread for all the information: https://bitcointalksearch.org/topic/auction-for-enterra-poker-desktop-licence-worth-5k-smackthatacecom-domain-594692
I'm mostly just curious as to why theirs is so low ($5k seems... well, cheap, for something like that).
Software is not worth $40,000, I can get a good quality one developed for $15k tops.
front end perhaps. but something reliable which passes gaming commission requirements?I'd also like to point out that Enterra is a trusted brand. They aren't some random person/team that popped up to create a client for someone real quick. The trust is a huge factor. While someone can probably make a site "cheaper," it wouldn't be the same. And when dealing with someone's finances, you want a trusted group handling it. The risk is just too great otherwise.
Though I am wondering why SmackthatAce says their Enterra client was only $5k. Can you shed some light on this? Maybe different options or something?
And about the trust: indeed online gaming is about trust. and then it is better to work with software from a company who has been in business for 13 years and got their shuffling and dealing algorhytms certified according to gaming comission regulations and have the ability to add more features to the same backend, such as mobile, social network (enterra has a facebook based client for sale as well) flash, html5, mac, etc etc.
Yes it would be possible to create a custom solution but as you correctly point out: it has 0 trust, it requires serious stress testing against bigger traffic, it doesnt have certified RNG's, it doesnt have scalability and when ur spending only 15k it wouldnt probably be fit to hook up other clients to it as well. Besides, I am not selling for $40k. 25 coins is below 25% of the software price...
Software is not worth $40,000, I can get a good quality one developed for $15k tops.
front end perhaps. but something reliable which passes gaming commission requirements?I'd also like to point out that Enterra is a trusted brand. They aren't some random person/team that popped up to create a client for someone real quick. The trust is a huge factor. While someone can probably make a site "cheaper," it wouldn't be the same. And when dealing with someone's finances, you want a trusted group handling it. The risk is just too great otherwise.
Though I am wondering why SmackthatAce says their Enterra client was only $5k. Can you shed some light on this? Maybe different options or something?
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