Topic: The Future of BTC Poker - page 2. (Read 2525 times)

Yes the code would have to be rewritten, or a new service would have to be created (one that would offer the new network and the "skins"). If they afford to have one client and be in one network I see not problem to change that client and network for the new client (skin) and be on the new network (the shared one).

As for trust I can't answer it. I'm not providing a service, and if someone would offer something like this I could not speak for them either. Maybe it should be "easier" since now you could point out one company that was providing the network and the client, but trust can always be broken and scams can always happen anywhere, so I can't answer that.

Creating a network like ipoker could be a great idea, someone will have to be the master at the top though who decides who gets in and who doesn't.  It will create a monopoly in BTC poker for the time being.  It would be nice if the other sites like stars just started accepting BTC its probably only due to USA market they dont.

Not saying it can't work or that it isn't a good idea. But you didn't really answer what I said. And you keep comparing large and well established sites with smaller btc poker sites. What is possible for one isn't necessarily possible for the other. Like I said smaller sites may not have the money to rewrite their code. And having more people for their players to play against may be too small a reward for now. As for trust, that's not what I meant. I meant all the sites will need to trust the ones providing the rooms and running the games, not each other. That can create other problems, like scams coming from the providers. Or bugs in the code that could affect everyone, and hit small sites much harder. I guess there are ways to avoid these but that takes time and money. And btc poker sites may not be interested in that commitment for now.

I never said poker rooms on Ipoker are together, actually I always say that they are not, and that they still compete with each other. They have different promotions and try to attract players for themselves the way they can. Players are independent and are not shared by the rooms.

I actually thought you were saying they were together,  because you were always saying that rooms want to beat the competition etc, and that's where I thought you were wrong. I'm perfectly fine with rooms trying to beat the competition, that is normally good for players, and this would not change that. Skins in Ipoker see themselves as competition to one another, being on the same network does not change that at all. They are not "together" they are on the same network period.

I only see one reason for them to want to share a network, and that is to get a good number of players at the tables, and that is something btc poker has in common with them if they want to be an alternative to "standard" poker rooms.

As for the rake like I said I don't know how it works. All I said was that if this works for these rooms, because I don't see them leaving Ipoker, I see them joining, I don't understand why it would be bad for btc poker. I'm pretty sure it would be good for players. Maybe some players are shared by the rooms, I don't argue with that, but I'm sure that they are not 100% present in all the rooms, so yes a common network would mean more players the next time you would enter a room, and more players will attract even more players because maybe next time you sit on a room you won't just leave because there isn't a table for you to play at.

Oh and of course the idea is not mine, if I have any idea was why not copy a success model... (but I can't consider that as my idea since it means copying something)

Second and off topic, I never felt I was being cheated on Titan or any other poker sites. I play poker online and live, it's the same feeling for me as far as trust goes on the live casino or online poker room.

Third and still off topic, why so many posts man, you know you can edit and add info right?

Found something about the profit sharing on ipoker:


Network Revenue Sharing Agreement

The Source Based Rake concept is viewed by iPoker as a revenue sharing agreement of sorts among the skins on the network. The sharing comes into play "on rake and fees generated from money that has been deposited and wagered by players" on various skins, and subsequently "turned into revenue by another player" regardless of the skin to which that player belongs.

SBR, which will replace the current Weighted-Contributed Rake model, functions by requiring the creation of a "virtual balance" (VB) for each player in conjunction with an actual balance. Money that is "wagered for the first time" is tagged and time-stamped to the wagering player. The SBR system uses existing money of a player's virtual balance that is used in a cash game pot or a Sit N' Go buy-in.

A player is tagged with new money only if his or her "virtual balance is lower than the bet or Sit N' Go buy-in." Upon the collection of rake and fees, players who used money to enter the Sit N' Go or build a ring game pot will be assigned a value that is proportional to the wagered money. SBR always takes other players' oldest money first from the virtual balance before their own money is used.

All of the money tagged to players will not mean revenue for the skins of those players. It is highly likely that a portion of the virtual balances of players will not be turned into rake, thereby eliminating revenue for the skin.



link:

https://www.pokertube.com/poker-news/poker-business-industry/ipoker-announces-implementation-of-source-based-rake-on-jan-1-2015

Been trying to find a thread that explains how the ipoker skins work and how they all profit but to no avail so far to help settle that aspect.

But I did find a interesting bitcoin thread from 2012 about asking a skin to use bitcoin.

https://bitcointalksearch.org/topic/would-you-play-on-an-ipoker-skin-using-bitcoin-as-a-deposit-method-61892

Was interesting bit off on a tangent but some what relates.

Never like ipoker skins. Titan was slow and bot infested and the cheating was way to obvious. Add on the disconnects when invested in a pot. Again off the topic,my bad.
Just like talking poker.

This post is "The Future of BTC Poker,so I would think you presented a idea at the start.

Million dollar companies come together because they have something to offer one another. The only thing you offer in this idea is it will grow the poker base and thats a big maybe to throw all their ducks in one basket.

Ipoker is not a good example of how they come together. I have already stated they all work under one umbrella. They are called skins for a reason,maybe enlighten me as to how I am wrong about them instead of insinuating I am wrong. Have stated these are not sites coming together but sites joining up to their set up.
You could argue Pokerstars and Fulltilt but that was more because Pokerstars had the money and Fulltilt ran its self into the ground. Otherwise you still lack a example. If Ipoker is the example,explain how I am wrong.

Hmm this is not my idea lol, this is done in Million Dollar companies and it works. And it was done for the same reasons, so that small sites could compete with the big ones.

Like I said I'm not inventing the wheel lol, it's not my idea, it's just a success model that already exists. The thing is, I don't think the sites want to offer a real alternative to poker rooms. They just want to offer another feature to their casinos. So yes, with that way of thinking, meaning not wanting to really become an alternative to poker, they just want to crush the competition and the idea of "uniting" (because it's not really uniting, they all have different players with different accounts etc, they just let the players play across rooms. Don't know if you really know how Ipoker works. Even their promotions and rake and wtv can be different, so there is competition between rooms. They just let players play together and not just vs players in their one room).

This is spot on! Pokerstars traffic is crazy and a lot of them have decent money backing them, once we get a percentage of them get interested in BTC then most of these BTC poker sites will get more traffic than now as the sharks will be on the hunt. Also would be a very good day for BTC.

That is not really the problem. Neteller already accepts btc, so you can deposit anywhere with btc. And there are already many poker rooms that accept btc deposits, some of them in the Ipoker network. They don't have tables, or let you have a balance in btc, but I don't think they will do it (actually if they do that would be for btc, but it would be the end for these small rooms lol). They would do it if they thought they were losing some clients to btc poker rooms, but they wont lose clients because you cant play poker for real in btc poker rooms because of the number of players.

So yes we can talk to people and try to make them experience btc poker rooms, but we can't get them to stay without the number of players they need to play the way they like. And that can only be achieved if the btc rooms unite in the same network (that was the main reason why Ipoker was created, because that was the only way to get players from pokerstars etc. It's really just a matter of copying a success story lol).

Its not poor thinking to be a critic of the idea you present,its poor thinking when the reasoning you present does not make things clear.

You want to create a cartel that would help grow the field and I think there are better ways then lumping them all together.

The idea that lumping 4 sites together will increase the player field is crazy. Overlap of players site to site,100% rake back deals would be squashed and incentive to promote ones own site would fall off.
What would stop me from offering a opposing site with rakeback and dropping the groups player field? Nothing.

Its really a great idea till you nit pick the edges and realize no companies come together unless it benefits them. Only reason this makes sense is if they push the rake up all around to balance out the other issues that come along with it.


End of the day poker is about rake and some one is going to have to lose for another to gain. Just do not see that happening.

If/when Pokerstars accepts BTC deposits with low/zero fees it will be great for BTC.

Everytime you deposit there now you pay ~3% in fees.

it will work for sure , right now Betcoin is a part of the WPN and each site of the network is taking their part from the fees
for sure this can be achieved , but as I said we need to unite our sites and we need to introduce more people to bitcoin

Like I said I don't know how it works on Ipoker but it makes no sense to say that houses would not like it etc. Every house knows the rake a player has generated, for promotions etc, so every room would get the amount of rake they deserve.

I mean I did not invent a new system, it's something solid that works for Million Dollar Companies (betfair, titanpoker, bet365, etc etc 27 poker rooms rin total, you can check their site http://www.ipoker.com/html/page/cardrooms).
Even their logo is Ipoker - always a full house.

It works well for these big companies and it does not work for btc poker? Please that is just poor thinking.

And the problem for btc poker is not that it isn't well known. I mean check this forum, on many poker threads people will say try this room or that one, but there aren't many players so if you are serious about poker stay on the fiat rooms.

that's mean 2 site can connect to 1 network, what bitcoin poker site offer service like that

yeah exactly , I think this is the main problem cause there is a small percentage of people who already know and trust crypto currencies and not all of them like to play poker or to gamble
if we can advertise bitcoin as possible I'm sure players will turn to BTC , I mean everyone would like to have quick depos and withdrawals
and then we may start a big site like pokerstars only for btc

I think that the crypto community just isn't that big yet.  But eventually it will grow, and it may become more popular for gambling online.  I certainly think that it has many advantages to fiat. 

So tell your friends about cyrpto.  Wear a bumper sticker, etc .

This wouldn't work at all, most sites won't agree to be a part of this and it will fail, the poker cut of the house isn't that much in the first place and they wouldn't want it to be distributed. The future of BTC Poker is bright but all the players who are interested in playing Poker and not just the freerolls will probably choose 1-2 sites which gets more crowd and they will stick to them.

I don't know, maybe poker needs some physical face to face to add more adrenaline to the game itself.