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Topic: ✅ SwC Poker ♣️ Player Lounge - page 4. (Read 2896 times)

jr. member
Activity: 51
Merit: 3
December 29, 2020, 06:15:17 PM
#60


AlexTrebbert, SwC is aware that you and others want the rake adjusted and find ACR's higher % but lower max rake to be more favorable. They are currently working on creating a new rake schedule, which should come out this week.

Like others have said: The cap is really the only thing that matters, the % is basically irrelevant.

I think you should consider coming up with a plan now on how you intend to respond to future price changes in bitcoin.  If the price of bitcoin goes down, the cap should go up, and if price goes up, cap goes down.  Informing players ahead of time what price will trigger the change, and what the change will be will avoid having to go through this in the future.

The % is relevant. SWC made massive changes to the rake percentages a few months ago.



Let's look at the micros.  The cap is rarely hit in the micros in NL or limit poker.  So the % is the most important thing.  Even if you adjust the cap to something hypothetical like 27 cents usd in the micros which is approximately 10 swc chips. When the % was 2.5% you would need to hit 400 chips to hit the cap. Now with current 3% rake you would need to hit 333.33 chips to hit the cap. At $27000 BTC price, a 400 chips pot is $10.80.  Take a look at what is currently running on SWC below



The only games running right now are micros. The average pot size on both of these tables are below the rake cap. 203.93 average at 5/10 and 190.53 at 2/4. So on average the % is in play. And if you scroll up you will see that SWC increased the rake percentage by 40% on these tables 4 months ago. I'm sure the cap is hit occasionally at the tables listed above so this doesn't equate to an flat 40% increase, but it is very substantial nonetheless.

You will also notice that the rake caps in limit poker are substantially higher when 6 handed than heads up.  This is completely standard and acceptable.  So the % at say a $10/$20 mixed game will come into play at a full table very often.  Lets hypothetically give the this $10/$20 game a $3 USD rake cap. The % was 1.5% earlier this year at this table, now it is 2%. $3 USD is 111 SWC chips at $27000 BTC price. At 2% rake you need a 5,550 chip pot ($150 USD) to hit the max. At 1.5% rake you need a 7,400 chip pot ($200 USD) to hit the max. At 300/600 11 game mix ($8/$16 stakes at $27,000 BTC), let's examine a 6 handed game where it is folded to the small blind who raises a limit holdem hand and proceeds to bet every street, getting called by the big blind each time. Small blind is 150 chips, BB 300. So 1200 pre, plus 600 flop, plus 1200 turn, plus 1200 river = 4200 chips total. 4200 chips = $113.40. Rake cap is not hit. The additional .5% = 21 chips = .56 cents of additional rake.
jr. member
Activity: 38
Merit: 4
December 28, 2020, 05:46:36 PM
#59




Rake is criminal.

It bugs me that they keep writing you off in the other thread. Post me that they just want to dress anything in the other thread to be honest.

Their whole "thing" has always been low rake, not sure why they don't address this more.

TBH it is another issue I have with the site. I stopped playing there for a while after I saw HH causing issues with other players, and then get those players banned from chat. It's just not good business. I wanted to come back but after seeing this it's just not worth it right now.
jr. member
Activity: 51
Merit: 3
December 28, 2020, 11:13:11 AM
#58




Rake is criminal.
member
Activity: 303
Merit: 25
December 13, 2020, 01:44:21 AM
#57
I guess the site got hacked, but there are no details about the breach!?!? Keep your funds safe...

Same old. And they still choose to delete posts about this in their thread.

SWC at its best.
jr. member
Activity: 38
Merit: 4
December 12, 2020, 01:32:30 AM
#56
I guess the site got hacked, but there are no details about the breach!?!? Keep your funds safe...
member
Activity: 171
Merit: 17
December 01, 2020, 06:32:30 AM
#55
They are now deleting their own posts in the other BCT thread. That's actually hilarious.

Let's play some Chinese on Kings then Uni.
jr. member
Activity: 38
Merit: 4
November 30, 2020, 10:30:38 PM
#54
SWC back to its old habits, deleting forum posts and so on. The conversation about the rake, gone.

And now they locked the thread again.

What a shit show.

Things are super bad now, HH has ruined the tournament structure. The only thing that benefited from the changes are the micro tournaments at 50 and below. The selection sucks to be honest, HH has no idea what they are doing. They have single-handedly push me to another site with more activity and tournaments along with other things.

Oh, and the stupid announcement that's going to be coming next week for the past year that's always coming next week...
member
Activity: 303
Merit: 25
November 14, 2020, 09:59:19 AM
#53
SWC back to its old habits, deleting forum posts and so on. The conversation about the rake, gone.

And now they locked the thread again.

What a shit show.
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
November 06, 2020, 05:38:42 PM
#52
Lol, i should check how it's going now. the last time i played it was one of the best places for poker (few month ago).

traffic has died down some. rake has gone up. i still love their software and i appreciate what they do for our forum series. i'm just not thrilled about the direction things have taken over the past few months.

Hm, i looked into the site and maybe because my fast look, but i don't see a big difference. The same amount of players. Maybe the reasons is that we started to play on quarantine lookdown, so there was more people (because of obvious reasons).


Meh, not good information :c
newbie
Activity: 4
Merit: 0
November 02, 2020, 04:16:34 PM
#51
anyone want swc account with 350 krill.
i will trade for cheap even transfer some chips or acr any poker site really im just broke
want to play....
member
Activity: 303
Merit: 25
October 28, 2020, 07:07:34 AM
#50

HH has his green chat back.

Thought they claimed they cut ties?

https://ibb.co/mGZxFLB

They can willing flip back and forth too. hH also says they know what the "big announcement" is, and keeps talking about it. Also, is definitely still helping with the tournament schedule. That was all a lie to take heat of HH I think, but they still shove green text at people to show they have power....

Ya, he also still makes other announcements. Like yesterday he told that the bigBTC tournament gets moved to a new time slot and so on.
So he definitely still works for them. Oh and of course he is also still playing on the site.
jr. member
Activity: 38
Merit: 4
October 27, 2020, 07:21:02 PM
#49

HH has his green chat back.

Thought they claimed they cut ties?

https://ibb.co/mGZxFLB

They can willing flip back and forth too. hH also says they know what the "big announcement" is, and keeps talking about it. Also, is definitely still helping with the tournament schedule. That was all a lie to take heat of HH I think, but they still shove green text at people to show they have power....
member
Activity: 303
Merit: 25
October 27, 2020, 11:51:00 AM
#48

HH has his green chat back.

Thought they claimed they cut ties?

https://ibb.co/mGZxFLB
member
Activity: 171
Merit: 17
October 10, 2020, 08:54:37 AM
#47
Quote

i would say around july or so. they cleaned up their moderated thread on bitcointalk but the 2+2 thread has kept a good record of when/how things have changed for the worse: https://forumserver.twoplustwo.com/showpost.php?p=56314728&postcount=1820

Fairly certain it happened when glitch left. Maybe it wasn't sold (since HH rejects that), maybe it was merely given. No matter what really happened, SWC is less trustworthy now than it was a few months ago, and everyone's actions should reflect that.
legendary
Activity: 1652
Merit: 1483
October 10, 2020, 06:15:51 AM
#46
Lol, i should check how it's going now. the last time i played it was one of the best places for poker (few month ago).

traffic has died down some. rake has gone up. i still love their software and i appreciate what they do for our forum series. i'm just not thrilled about the direction things have taken over the past few months.

indeed, this is one of the things that suggests an ownership change to me. so much belt tightening, hiking rake, etc and absolutely nothing to draw in new players. they are obviously trying to squeeze out profitability on a small scale rather than trying to invest and grow their user base. Sad
If it so, when do you think it happened?

i would say around july or so. they cleaned up their moderated thread on bitcointalk but the 2+2 thread has kept a good record of when/how things have changed for the worse: https://forumserver.twoplustwo.com/showpost.php?p=56314728&postcount=1820
full member
Activity: 142
Merit: 111
October 10, 2020, 01:53:54 AM
#45
All seals are equal, but some seals are more equal than others.







legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
October 09, 2020, 05:39:41 PM
#44
i appreciate that they've shaken up the tourney schedule a bit recently, but aside from that, it's nothing but disappointment. communication is just terrible. nobody can get a straight answer about anything---if they can get an answer from support at all. the chat policies are totally fucked up now. it's hard to believe ownership hasn't changed hands.

i don't feel great about the current situation. i certainly wouldn't stay rolled for high stakes there. however, i don't mind keeping a few bitcents in my account---an amount i'm willing to lose.

Lol, i should check how it's going now. the last time i played it was one of the best places for poker (few month ago).

indeed, this is one of the things that suggests an ownership change to me. so much belt tightening, hiking rake, etc and absolutely nothing to draw in new players. they are obviously trying to squeeze out profitability on a small scale rather than trying to invest and grow their user base. Sad

If it so, when do you think it happened? And yeah, problems with marketing and all such things is very often problem with any business, not only casinos or sites.
legendary
Activity: 1652
Merit: 1483
October 09, 2020, 04:28:46 PM
#43
Well I made my conclusions. I think the site and representatives are not trustworthy enough so I could deposit there and feel my money is safe.

i don't feel great about the current situation. i certainly wouldn't stay rolled for high stakes there. however, i don't mind keeping a few bitcents in my account---an amount i'm willing to lose.

Anyway, there are no players (max 250 on weekends), no well paid tournaments, no sng's (only coinflip HU) running so I dont even see any advantage to play there other than the still ok rake and the fact that you can play in btc. There are no promotions other then some joke micro tournament series and the BBJ (where the even keep like 10% as house fee, lol).
What will convince new players to play there? I dont see it.

indeed, this is one of the things that suggests an ownership change to me. so much belt tightening, hiking rake, etc and absolutely nothing to draw in new players. they are obviously trying to squeeze out profitability on a small scale rather than trying to invest and grow their user base. Sad
member
Activity: 303
Merit: 25
October 09, 2020, 04:14:42 PM
#42
"You mentioned something about HH, having something to do with Tournament planning, do you know the extent? "

Nah, I never said anything like that. Must have been somebody else.

Well I made my conclusions. I think the site and representatives are not trustworthy enough so I could deposit there and feel my money is safe. As long as swc keeps lying I will call them out, even if I am not playing there anymore.

Anyway, there are no players (max 250 on weekends), no well paid tournaments, no sng's (only coinflip HU) running so I dont even see any advantage to play there other than the still ok rake and the fact that you can play in btc. There are no promotions other then some joke micro tournament series and the BBJ (where the even keep like 10% as house fee, lol).
What will convince new players to play there? I dont see it.
legendary
Activity: 1554
Merit: 2037
October 09, 2020, 10:38:25 AM
#41
Yes it was regarding EndtheFed and HigherHighs.
They both advertise tournaments and so on all the time in the chat, not even playing them themselves (only register seconds before late reg is closed). Which normal player does that?
Is it normal to write "tournament this and that starts in 10 minutes", and posting this stuff like every 15 minutes? EndtheFed does exactly that but still him and swc claim they have no relationship whatsoever. You believe that?
Once he even offered a bubble insurance for players that register before the tournament starts, "out of his own pocket" he claimed. I asked him why he would do that and the reply was "I want a nice tournament to run". Now guess what, he was online the whole time promoting tournaments but didnt even register for the mentioned tournament. Makes a lot of sense.
Honestly this doesn't make me think he's an employee. I used to think they were more, much before that, for many of the same reasons you mentioned. It used to piss me off seeing them late reg and build a decent stack or just flip and bust. The more I saw ETF at the tables though the less I though they were an employee. One big reason is that Bubble protection is cheap, especially when it was only being offered in the Thursday Double from what I caught. Why have your "secret employee" offer it in the chat, and not just make it part of the tournament or site rules.
Personally, I've also found entering most SWC tournaments on max Late. Reg isn't the disadvantage it usually is with small fields and still usually having 20BB+, you often still have 20 BB+ and a lot of the players have pretty easy tendencies to pick up on if you play with them enough. Not the best strategy but still reasonable.

yeah, i hear ya. one thing to note is that BBJ tables are where all the action is on SwC, more often than not. also, it's not just the player that gets the bad beat who gets paid out---so does the hand winner + everyone else dealt into the hand. this dynamic tends to make the BBJ tables even juicier, so the jackpot isn't the only reason to play them.
Not going to lie so pissed with myself. I easily should have been sitting at that table lol. The last few months my boy has been a shit sleeper lol, so I often have to chill upstairs to make sure he stays in his room/bed and goes to sleep. Took this time to play a bunch of 25/50 in hopes of spiking the BBj or at least being at the table. For whatever reason, I consciously decided to take the night off lol. Don't think I've played a cash game since.

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