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 |
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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? Can you gimme more info on what site SmachThatAce was running? Did he had a license? What license did he have? Enterra sells multiple licenses and features are depending on that. Our downpayment at the start in april was already $10k so $5k is absolute bogus. 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... |
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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? |
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i am willing to consider any situation which covers the funds for my customers... just to give you guys an update: the site is still for sale. and as response to somebody who said the site 'just simply isnt worth 40 btc', please: the software license alone in its most basic form is $40k, let alone the custom additions we ordered (hand history, fifty50 sit and go's etc etc). And those extra's are just additions from Enterra, our software provider. The deposit/withdrawal system (located on separate service) including the bonus, rakeback, affiliate and referral systems are custom made and running flawless. Besides, you will have a turn key solution, being able to run the same minute as you buy, on a branded site, while purchase of the site will get you instant publicity, same as only posting a thread here to sell did, see http://pokerfuse.com/news/industry/satoshi-poker-auctioned-on-bitcoin-site-16-04/If you guys decide to do a group buy I will be assisting in any way possible and will even give a month of free support to guide the new team through the backend. I just want to make the players whole and since I can't fly to Holland to meet my investors at the bitcoin summit, the chance of getting an investment in without a purchase is very small. If you guys have any questions regarding the purchase or details please hit me up in PM or preferably on email: bpvanoort@gmail.com or skype: bp_van_oort. I'm not on this board very often, but will try to get online once in a while. regards, bart Would you consider more of a partnership (in that someone invests for, say half of the company, and then you work in the site as well)? |
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just to give you guys an update: the site is still for sale. and as response to somebody who said the site 'just simply isnt worth 40 btc', please: the software license alone in its most basic form is $40k, let alone the custom additions we ordered (hand history, fifty50 sit and go's etc etc). And those extra's are just additions from Enterra, our software provider. The deposit/withdrawal system (located on separate service) including the bonus, rakeback, affiliate and referral systems are custom made and running flawless. Besides, you will have a turn key solution, being able to run the same minute as you buy, on a branded site, while purchase of the site will get you instant publicity, same as only posting a thread here to sell did, see http://pokerfuse.com/news/industry/satoshi-poker-auctioned-on-bitcoin-site-16-04/If you guys decide to do a group buy I will be assisting in any way possible and will even give a month of free support to guide the new team through the backend. I just want to make the players whole and since I can't fly to Holland to meet my investors at the bitcoin summit, the chance of getting an investment in without a purchase is very small. If you guys have any questions regarding the purchase or details please hit me up in PM or preferably on email: bpvanoort@gmail.com or skype: bp_van_oort. I'm not on this board very often, but will try to get online once in a while. regards, bart |
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I lower the price to 25 btc for who can act today. back against the wall scenario, but so be it.
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 I think nobody would ever send them a coin when they see a different sender. Satoshi Poker has paid of the Enterra Poker desktop client package of $40k and fully owns the license for this software And you want 13,150$ ? Nice scam. Selling a business at a lower price than its value to sell it quick isn't a scam my friend... |
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I think nobody would ever send them a coin when they see a different sender.
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Project has not been sold and price is still 30? am I correct?
This is correct |
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yes, i honestly believe you!
i sense a good person there!
sorry for being bitter,
i had some other mishaps on-line related too...
Hey, besides running SP I am a poker fanatic and I have also gone through a lot of shit with pokersites  What matters in the end is: an honest person solves the puzzle, a scammer runs. And I will never run... |
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thanks for the update, id really like to get back playing on <newname> poker, back to my bankroll...
speaking of which,
i was recently approached by a generous person, who just covered my loss of bankroll at satoshi,
just like that, so that i can keep on playing; makes me think - who is worth something and who is just a bunch of nobodies!
taking your words for the value of seeing typed letters, i wish you succeed in settling your business, bitcoinflush, there's no hard feelings!
good luck!
Name will probably remain Satoshi Poker. However, the reason i didn't walk off and even post my skype and real name in here is because I am going to bring this to a good end... Even when for you it only has the value to you in typed letters, thats my word. And I always back it up, no matter what |
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And if anybody matches the bid but ships the 35 coins quicker, he will get the site.
Just so I can make the players whole and walk away without any debt to my customers. Thats all I care about.
Software package alone is 40k, aside from bitcoin payment processing installation, rakeback features etc. I hope to announce something in 24h
I'd like if you could answer my question: how is the site in debt when you were earning more than you were spending? What happened? How can a new buyer not fall into the same trap? We're missing VERY important details needed. I can't just throw money at a site that claims one thing and shows financials that completely contradict it. The math on profitability is really easy. With no tournaments with guaranteed prize pools, no freerolls, software paid off and only monthly costs being for the hosting and the server ( $118/mo ). The costs of purchasing the flash client and updates were way higher than projected as I ended up paying for cancelling the contract. At this point no money is owed for the software. So to clarify: Total rake generated in 2014: 7.6 BTC Server costs of 118.50 This isn't the only cost then, right? You were spending more on the other things (freerolls, guaranteed tournaments, and paying off the software)? Meaning that from this point forward the only expenses would be: $118.50 a month for server $X for a developer (or do it yourself) $X for whatever promos you have going on (freerolls, guaranteeds, etc.) Is this correct? These are the current costs. If the buyer wishes to invest in promo's (highly recommended) then of course he will make extra expenses. Same goes for if the new owner wishes to have custom upgrades to the software or backend. |
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And if anybody matches the bid but ships the 35 coins quicker, he will get the site.
Just so I can make the players whole and walk away without any debt to my customers. Thats all I care about.
Software package alone is 40k, aside from bitcoin payment processing installation, rakeback features etc. I hope to announce something in 24h
I'd like if you could answer my question: how is the site in debt when you were earning more than you were spending? What happened? How can a new buyer not fall into the same trap? We're missing VERY important details needed. I can't just throw money at a site that claims one thing and shows financials that completely contradict it. The math on profitability is really easy. With no tournaments with guaranteed prize pools, no freerolls, software paid off and only monthly costs being for the hosting and the server ( $118/mo ). The costs of purchasing the flash client and updates were way higher than projected as I ended up paying for cancelling the contract. At this point no money is owed for the software. |
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And if anybody matches the bid but ships the 35 coins quicker, he will get the site.
Just so I can make the players whole and walk away without any debt to my customers. Thats all I care about.
Software package alone is 40k, aside from bitcoin payment processing installation, rakeback features etc. I hope to announce something in 24h
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all you have is the typen words...
my balance was not paid out...
do you really believe everything you see typed on a forum, are you really only taking a word for it?
anyone can type anything, but it wouldn't stand for something, get it?
i am sceptical, and i am not going to believe one single word i read before i can really investigate what is going on!
I never said that balances would be paid out. What i said is that we paid out all pending withdrawals. No formal bid has made, just interest has been shown and im working on funding 24/7 to guarantee the player funds even if a sale don't take place. Highest bidder at this point is SWC for 35 coins, and hoping to conclude this within hours. There are 2 other parties with interest but I can't stall any longer so the first person who ships the coins gets the site. Its that simple. |
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Just processed all pending withdrawals
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Talking to several parties, but no official bid has been made yet. Site will be sold as soon as a bid has been made.
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To prevent the same question through PM: A person asked me how the hosting is arranged. The domain is listed at domains4bitcoins and the dedicated server and vps are hosted at namecheap.com. Both accounts consist only of the services bought by Satoshi Poker and can be paid completely anonymous in bitcoin. Just a matter of changing passwords and registered email address |
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Hey guys, Site is not dead, we are just restructuring ownership. Support haven't gone missing as as you guys posted my skype: bp_van_oort, let me also post my emailaddress: bpvanoort@gmail.com. I just dont have the time to run this project anymore and have already posted a public auction: https://bitcointalk.org/index.php?topic=570030As for the collusion pointed out in this thread, i will have it investigated. |
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Hi guys, I am offering the domain, the software and all accounts (email, hosting etc) for satoshipoker.org on public auction. Company specificsName: Satoshi Poker Domain: https://satoshipoker.org/Started: April 2013 Nature of business: Offers poker games through its downloadable poker client Games supported: Hold'em, Omaha, Omaha hi/lo, Stud Limit types supported: No Limit, Pot Limit, Fixed Limit Game types supported: Cash games, Tournaments, Sit and Go's, Fifty50 Sit and go's Total registered players: 4648 Financial informationSatoshi Poker has paid of the Enterra Poker desktop client package of $40k and fully owns the license for this software Satoshi Poker has a custom built additional backend to securely process bitcoin deposits and withdrawals, a custom backend for handling referral and affiliate income Satoshi Poker has $118.50/mo net operational costs for the rent of a dedicated server and VPS webhosting package (website and gameserver/bitcoin systems are hosted seperately for security reasons) Total rake generated in 2013: 98.4 BTC Total rake generated in 2014: 7.6 BTC Total owed to players: 19 BTC in player balances in the system, 3.9 BTC in pending withdrawals (I will cover these funds out of the buying price so after buying, company will have 0 liabilities towards its players, software companies or whatsoever) Total other liabilities or monthly costs: 0 Presented opportunityAlthough Satoshi Poker is not generating a lot of revenue at the moment, it provides a solid foundation for anybody aspiring to run a bitcoin poker site. As the backends are already up and running, bitcoin is fully integrated (and has never been compromised since its start a year ago) and business is fully operational, it makes a good starting point to build upon. With just a $118.50/mo in operational costs, and raking in 2.17 BTC/mo on average in 2014, the business is profitable from the moment of takeover. 1690 out of the 4648 players actually hold a balance at the site, and new owner could target those players with special promotions to come back and play at the site. After buying the site, there will be no additional costs or liabilities. Reason for sellingAfter working on the project for the past year, sacrificing my other businesses, investing a lot of time and money and running into personal debts to get it to where it is today, I don't have the time or personal stability to move the business forward to its full potential. Since november I have been working with no marketing budget and no development budget and for the future of SP it is better if somebody with a new vision and a budget steps in and takes over. At this moment there is a deficit in player funds, and I would be able to cover them by taking out another bank loan but at this point I would rather sell it and cover all balances from the buying price, as it is pointless to run an internet business with no marketing or development budgets and basically working full time to maintain the just under $1000 in monthly turnover. I have to look for a project that gives me a paycheck and allows me more time to spend with my girlfriend who had a miscarriage while i was sitting in the waiting room in the hospital working on SP... Auction specificsI will run the auction for 2 days only, as I would have to get a bank loan to pay the current players after this 2 day period and continue it myself as I can't let them wait for longer to process their withdrawals. Starting bid of the auction is 30 BTC. Auction will run for 48 hours after this post and highest bidder will receive all the accounts, passwords, logins etc by the by buyer preferred method. Payment of buy is completely in bitcoin, of which 22.9 BTC has to be done to the hot wallet so buyer can see that in fact the balances are covered and remainder has to be sent to me to settle with SP's current investors. For any more questions, please send me a pm or add me to skype: bp_van_oort. Best regards, Bart van Oort SatoshiPoker.org |
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