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Topic: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts - page 58. (Read 1404011 times)

legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
When will player notes ever be added?
hero member
Activity: 672
Merit: 500
It's weekly. I believe every Sunday night (or Monday early morning.)

ok thanks for the fast answer !

Don't know how much it will be, but I remember playin vs a reckless shover so it should be some chips on top of the winnings I made  Grin
legendary
Activity: 1876
Merit: 1295
DiceSites.com owner
It's weekly. I believe every Sunday night (or Monday early morning.) Any 6+ table w/ 2-3 is correct.
hero member
Activity: 672
Merit: 500
Hi SWC,

Little question about the table starter rackeback.

How often is the rakeback distributed ? I remember starting tables yesterday and the day before but I don't see anything in my history.

Does it have to be a freshly created table, or just any 6+ table with 2/3 players only ?
newbie
Activity: 5
Merit: 0
Bro,
Your website is extremely non-friendly to players of poker games which aren't NoLimit Hold'Em.
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
DonkDown radio soon, which means yet another

400 chip SwC freeroll open to all!  Just pop open any client and register.
full member
Activity: 132
Merit: 100


Micon, I think your DST problems just went away (at least for US people, and will soon go away for others).  Daylight time is no longer a thing until late spring next year.  We are all on standard time now.

Right, they didn't switch in the Spring because:


[...]SwC doesn't recognize DST, and everything may be 1 hr earlier to you.
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
Def. going to expand the MTT list when we blow up early next year. 


for now, let's realize SwC doesn't recognize DST, and everything may be 1 hr earlier to you.

20 chip 1k in ~25m
BIG BTC in ~2h25m

Don't Get Shut Out / No Late Reg.... yet.



Micon, I think your DST problems just went away (at least for US people, and will soon go away for others).  Daylight time is no longer a thing until late spring next year.  We are all on standard time now.
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
1) traincarswreck - IMO bitcoin is the current ideal currency for internet poker, I have an initial "uh" feeling for all things alt, but I'd like to think if a side-chain alt or a counterparty asset ever makes sense to me (fully admit I don't fully grasp the counterparty system at this stage, I have only read ~1-2hrs on the subject) we'll explore it.  If you have any currently successful counterparty assets to point me to, I'll gladly take a gander.

2) not adjusting the BIG BTC GTD at this stage, we are working hard on a software update that will be a big level up, at that stage we'll likely re-evaluate all GTDs, and I'd bet we go up across the board in a few months, with bitcoin relative value in mind when those changes are made.

3)  YTCracker just dropped his new epic "Introducing Neals"  A+ brilliance IMO:  https://ytcracker.bandcamp.com/album/introducing-neals
sr. member
Activity: 252
Merit: 250
Now that the bitcoin price has decreased. Have you guys thought about moving back to the 20 BTC Prize pool for the Big BTC?
sr. member
Activity: 532
Merit: 251
Quote from: Micon link=topic=40077.msg9416845#msg9416845

1) Ideas are good
2) As blockchain technology matures, I imagine future changes to SwC leveraging the tech more than just using bitcoin
3) Your defensive tone could indicate that deep down you know counterparty isn't ready for prime time yet.



1) agreed but its not my idea i stole it from here http://en.wikipedia.org/wiki/Ideal_money
2) the future is now
3) it says something that you said "could" (good), but what do you think might burst counterparty into primetime? (hint poker revolution)


Thank you for the prompt and "playful" response, i am a fan, i think what you are doing is great.

However we are missing something obvious, and few people can understand this, bitcoin was created to be a universally exchangeable currency with a stable printing rate to put pressure on governments to stop printing money. Sites are perfectly comparable to the central banking model.

This means we are over-analyzing the problem.  

Bitcoin and bitcoin sites is the end result but the step to get there is a community poker coin.  It turns the entire community from competitive to cooperative, literally changing the game type.

This is the secret and power, it could be done in a day, with a few trusted peoples starting the idea, and the shift to crypto would be near instant.  I realize you won't agree or understand the significant yet just would be happy to know you heard the concept for future references

Gl buddy I think a lot more people are rooting for yall now!!!
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
Def. going to expand the MTT list when we blow up early next year.  


for now, let's realize SwC doesn't recognize DST, and everything may be 1 hr earlier to you.

20 chip 1k in ~25m
BIG BTC in ~2h25m

Don't Get Shut Out / No Late Reg.... yet.




You won't be blowing up next year. Before you label me anti bitcoin, know that I'm looking at this economy from a bigger understanding than this whole collective thread.

This is what will happen http://thewealthofchips.wordpress.com/2014/10/26/the-coming-poker-revolution/

You do have a favorable option though.  turn your rb points into a counterparty asset:
Quote

Quote
Definition “Effective Rake”:

A winning player might exchange 5USD on site A with an a roi of 5%.
The same player deposits 5USD on site B with an roi of 4%
We say that the “effective rake” on site B is higher than site A.

The profitability in terms of “effective rake” is hidden on every site by many contributing factors. The most significant are the make-up of the player field (winning players vs depositing players), and the winning distributions. These factors are not definable for the players community.

Problem:


Players cannot accurately assess the value of their money in exchange for chips on each given site (effective rake), and they do not have the ability to exercise their dissatisfaction so they are left with no “pull” in the industry.

Conjecture:

If players could accurately define the effective rake of each site AND have the option to transfer their bankrolls between sites, this would cause pressure on sites to offer a superior product.

Solution:

The players community creates a digital poker coin, and encourages each other and other major entities in the industry to accept and adopt this coin for the various daily goods services and transactions they provide.

Why this works:

Adam Smith, FA Hayek and John Nash, explained extensively that the only way to truly and accurately assess the value of something is to put it on a free market exchange. By forcing sites to adopt digital currency technology, the players will be able to properly evaluate effective rake on each site while simultaneously gaining the ability to exercise this option on a free market (decentralized digital asset exchange). This will pressure sites to offer a product of superior value.
Won’t sites oppose or create their own coin?

Yes we want them to, those that participate will be favored and trusted by the players, those that don’t will lose out. Those that adopt crypto currency reap the benefits of near instant and near fee-less transactions and players’ trust. There are many sites already today that use crypto, and many that are looking for a way to capitalize on current major player and monopoly “inefficiencies”.


Team up with other sites, coaching sites, stables, forums, players, pros, etc.  then players will naturally learn about crypto and come to your site.  When you create a universal crypto asset for poker everyone has incentive to work together...

don't tell me that is what bitoin is for, its not....not at all. http://thewealthofchips.wordpress.com/2014/10/12/the-achilles-heel-of-the-centralized-poker-industry/





1) Ideas are good
2) As blockchain technology matures, I imagine future changes to SwC leveraging the tech more than just using bitcoin
3) Your defensive tone could indicate that deep down you know counterparty isn't ready for prime time yet.
sr. member
Activity: 532
Merit: 251
Def. going to expand the MTT list when we blow up early next year.  


for now, let's realize SwC doesn't recognize DST, and everything may be 1 hr earlier to you.

20 chip 1k in ~25m
BIG BTC in ~2h25m

Don't Get Shut Out / No Late Reg.... yet.




You won't be blowing up next year. Before you label me anti bitcoin, know that I'm looking at this economy from a bigger understanding than this whole collective thread.

This is what will happen http://thewealthofchips.wordpress.com/2014/10/26/the-coming-poker-revolution/

You do have a favorable option though.  turn your rb points into a counterparty asset:
Quote

Quote
Definition “Effective Rake”:

A winning player might exchange 5USD on site A with an a roi of 5%.
The same player deposits 5USD on site B with an roi of 4%
We say that the “effective rake” on site B is higher than site A.

The profitability in terms of “effective rake” is hidden on every site by many contributing factors. The most significant are the make-up of the player field (winning players vs depositing players), and the winning distributions. These factors are not definable for the players community.

Problem:


Players cannot accurately assess the value of their money in exchange for chips on each given site (effective rake), and they do not have the ability to exercise their dissatisfaction so they are left with no “pull” in the industry.

Conjecture:

If players could accurately define the effective rake of each site AND have the option to transfer their bankrolls between sites, this would cause pressure on sites to offer a superior product.

Solution:

The players community creates a digital poker coin, and encourages each other and other major entities in the industry to accept and adopt this coin for the various daily goods services and transactions they provide.

Why this works:

Adam Smith, FA Hayek and John Nash, explained extensively that the only way to truly and accurately assess the value of something is to put it on a free market exchange. By forcing sites to adopt digital currency technology, the players will be able to properly evaluate effective rake on each site while simultaneously gaining the ability to exercise this option on a free market (decentralized digital asset exchange). This will pressure sites to offer a product of superior value.
Won’t sites oppose or create their own coin?

Yes we want them to, those that participate will be favored and trusted by the players, those that don’t will lose out. Those that adopt crypto currency reap the benefits of near instant and near fee-less transactions and players’ trust. There are many sites already today that use crypto, and many that are looking for a way to capitalize on current major player and monopoly “inefficiencies”.


Team up with other sites, coaching sites, stables, forums, players, pros, etc.  then players will naturally learn about crypto and come to your site.  When you create a universal crypto asset for poker everyone has incentive to work together...

don't tell me that is what bitoin is for, its not....not at all. http://thewealthofchips.wordpress.com/2014/10/12/the-achilles-heel-of-the-centralized-poker-industry/



member
Activity: 81
Merit: 10
We're now on standard time (sun highest at ~noon).  What we have in the late spring, summer, and early fall is DST.
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
Def. going to expand the MTT list when we blow up early next year. 


for now, let's realize SwC doesn't recognize DST, and everything may be 1 hr earlier to you.

20 chip 1k in ~25m
BIG BTC in ~2h25m

Don't Get Shut Out / No Late Reg.... yet.



full member
Activity: 120
Merit: 100
Micon, I like your bitcoin symbol on the pumpkin  Grin. Good casinò anyway, this evening I will play some hand with my bitcoin friend Smiley
member
Activity: 112
Merit: 10
I copied this from 2+2,the player seems to be from Germany. I think SWC should serve poker players world wide and try slowly expand gtd tournaments to early hours.



Re: Seals With Clubs-Bitcoin poker room
So it's 11am on a sunday, I'm loggin to seals and what do I see in the mtt section? (BTC=326$)

10:00 - 5 Chip Deep 75 GTD - with 9 players so 30 chip overlay ( = 1,63$ BI with 24$ gtd, 14,67$ BI)
11:00 - no game
12:00 - Boozehound Freeroll - I am not playing these (0/54 plrs regged) - 1 Chip per Entrant = 0,33$ Value
12:30 - 1 Chip normal - no GTD = 0,33$ BI
13:00 - Boozehound PLO Freeroll
13:30 - 2 Chip Rebuy no GTD = 0,66$ BI
14:00 - no game
15:00 - 5 chip slow no GTD = 1,63$ BI
17:00 - 20 Chip Deep - 160 GTD = 6,52$ BI with 52,16$ GTD


This is awful.
1. lower the 75GTD to 45GTD since this tourney kinda always has overlay. Rather than overlaying the money away, put these into the smaller games with no GTD.
2. put a GTD on the 1 chip and 2 chip. With them being less than 1$ Buy-In, it's absurd not to have a GTD on them. Make the GTD for 9 players, this looks appealing for regging but doesn't produce huge overlays. On the 5 chip tournament with no gtd I'd try 25 chip as a guarantee and may rise it to 45.
3. 7 hours between two games with a gtd? That sucks. Looks bad for everyone looking at the schedule
4. w/o the Boozehound Freerolls, there should be a game running every hour. Even if it's only a 1 chip. The timeframe between 10-12.30 and 13.30-15.00 and 15.00-17.00 is completely empty.
Last edited by Uhrenknecht; Today at 05:39 AM.


hero member
Activity: 672
Merit: 500
is there a sealswithclub online store to buy shirts, hats, coffee mugs etc?

>> http://gettoknowbitcoin.com/seals-with-clubs-hat-order/ <<<

so i don't have to actually mail something Smiley

Haaa, will order one for sure, as soon I won the price of the hat on a SWC table Wink
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
Just going to wash away that bad beat story with this bitcoin pumpkin.

Gotta keep it clean around here.

legendary
Activity: 1022
Merit: 1000
Two tournaments for a $2900+ first prize I've been in the past 3 weeks  I've been down to 2-3 tables with one of the leading chip stacks and somebody cracks my 3 of a kind and 2 pair with a flush draw to put me down to the short stack. K7H raise to 2400 pre flop, flop comes A72hch. Bet 4500, call. Turn Kd, bet 4500 call. River Ad bet 7000 call. Guy shows AJ. Other time it was 3oak on the flop I had Q8ch, hand before break where everyone gets free food that's still in. Flop comes 884cdc. I bet 1/2 pot, guy pushes, then leading stack pushes with 85cc and a fucking club comes on the turn. Ofc no club on the river though.

Then I go to the blackjack table and put my buy in down and get an ace-eight. Dealer shows a 4, guy hits with 14 (You should NEVER do this when a dealer is showing something like a 4) and gets a king which would of busted the dealer. Dealer has 14 then goes 2-4 to get 20. I'm starting to think of not gambling on weekends because it's just a bunch of people looking for something to do instead of actually playing. It should be a good thing but with all those people even with the odds on your side you're still going to get fucked.
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