Play Poker for BTC on Pokerstars

[want2learn]

I have created a "home game" on pokerstars.net.

The idea is that anyone can join (even people from USA). Then some trusted members will create tourneys. Players will pay entry to the tourney by way of a BTC transfer. After the tourney winners are paid by way of a BTC transfer in accordance with their results. The trusted member gets the "rake" in the form of BTC. This is for creating and admin of the tourney.

As of now I just created the "home game" and everyone interested is asked to join and to spread the word.

In a few days we can start tournies.

The tourney id: #460613
Inv code : USA_PLAY

SPREAD THE WORD the bigger the "home game" the more effective the idea.

[TheGer]

I support this idea.  Assuming the Trusted Member is Trustworthy...

[FreeMoney]

I'm trusty, I'll do the first one for free.

I have not verified that US can do this or that it works for play money at all, but assuming it's all good we should pick a day and time. Shall we play two at the same time? One for a bitcoin and one for a bitdime?

[want2learn]

thx for the support plz join the home game .

and could someone with an account plz post about this on twoplustwo

then we can build from there

[BrewProof]

I like the idea but my only concern is keeping the room private.  I think in free (as far as they know) games outsiders may be able to sit at the table and disrupt the games.  how do we keep them private and secure from non-paying outsiders?

[nybitcoin]

you could make them private by having people contact the person before the tourney.  The host would then take the code and send it to people that pre-registered with them.

[DDreez]

Poker for BTC, now we're talking!

[bombshelterzero]

This is very clever. Glad to see other people "thinking" now

[Crazy]

Awesome, I'd LOVE to do this. What are the implications from the recent US smack down of the online poker industry. By that I mean, if we aren't playing the tourneys with real money are we playing w/ play money?

[want2learn]

GUYS If you think it is a good idea the JOIN

[demoncrest]

they already have a dedicated poker room for bitcoin already incase u guys didnt know?

I can't remember the address but all it took me was a quick google search and I've seen plenty of people playing, I think blinds were 0.05BTC and 0.1BTC


Pretty sexy

[Lowtax]

Thinking about it.

[eturnerx]

they already have a dedicated poker room for bitcoin already incase u guys didnt know?

I can't remember the address but all it took me was a quick google search and I've seen plenty of people playing, I think blinds were 0.05BTC and 0.1BTC
Pretty sexy

The bitcoin poker website is: http://betco.in
Betting is done is chips - which are basically a bitcent each. There's small games running to suit even those with only 2 bitcents. Sometimes you have to join a table and wait for a bit.

[eturnerx]

Awesome, I'd LOVE to do this. What are the implications from the recent US smack down of the online poker industry. By that I mean, if we aren't playing the tourneys with real money are we playing w/ play money?

IANAL and not in the USA - but the busts were against the sites fraudulently (allegedly) recording player deposits. It's apparently not illegal to gamble for money, but it is illegal to process money for gambling. I think players are pretty safe. In the case of bitcoin - which is technically not money (only points) I think there's a good case for saying it's a bit like pokerstars.NET

[want2learn]

I have been thinking and IMHO the best way to get this off the ground is to run some freerolls.

I would be greatfull to some respected member to create an account to which we can donate towards a freeroll. I will donate all my
commission from tradehill (after the paybacks I give) to this cause.

IF you believe this is a good cause then :
1) join the home game
2) if you a respected member post yourself here to do the admin of first freeroll
3) you can join tradehill with my code (TH-R1817) and I will payback to you a min of 0.1 BTC and a max of 50% of the commission earned and the rest will be donated to this project.

[alsimak]

if an usa player wants to play online i have an easier way . I can create for him a full tilt poker account  whith spanish nationality and fund it whith dollars . He pays me in bitcoins . I give him the password. Whenever he wants to withdraw funds he just sends the dollars to my account and i give him bitcoins for them . Thats all. Also i will transfer to existing accounts in full tilt dollars for bitcoins whith a 10% premium. I will pay full tilt dollars for bitcoins at market+10%.

[contentkaiser]

if an usa player wants to play online i have an easier way . I can create for him a full tilt poker account  whith spanish nationality and fund it whith dollars . He pays me in bitcoins . I give him the password. Whenever he wants to withdraw funds he just sends the dollars to my account and i give him bitcoins for them . Thats all. Also i will transfer to existing accounts in full tilt dollars for bitcoins whith a 10% premium. I will pay full tilt dollars for bitcoins at market+10%.

This is exactly why the Bit-Torrent concept is so promising, clever workarounds to arbitrary restrictions created by meddling governments.

[eturnerx]

if an usa player wants to play online i have an easier way . I can create for him a full tilt poker account  whith spanish nationality and fund it whith dollars . He pays me in bitcoins . I give him the password. Whenever he wants to withdraw funds he just sends the dollars to my account and i give him bitcoins for them . Thats all. Also i will transfer to existing accounts in full tilt dollars for bitcoins whith a 10% premium. I will pay full tilt dollars for bitcoins at market+10%.

I'd be very careful with this. FullTilt are notorious for closing down accounts that they are the least bit suspicious about with only the barest of whiff of evidence.

[somethinghidden]

I have created a "home game" on pokerstars.net.

The idea is that anyone can join (even people from USA). Then some trusted members will create tourneys. Players will pay entry to the tourney by way of a BTC transfer. After the tourney winners are paid by way of a BTC transfer in accordance with their results. The trusted member gets the "rake" in the form of BTC. This is for creating and admin of the tourney.

As of now I just created the "home game" and everyone interested is asked to join and to spread the word.

In a few days we can start tournies.

The tourney id: #460613
Inv code : USA_PLAY

SPREAD THE WORD the bigger the "home game" the more effective the idea.

Awesome idea, you could start a service like ClearCoin to escrow btc.

[Valhalla1]

problem I see would be collusion, chip dumping, multi-accounting, etc.  In real money games this leads to locked accounts and confiscated bankrolls.  In a play money game, there is no authority watching for this type of activity.  Even if they locked someone's play money account they can just open a new one, they wouldn't lose any real money. In a play money game, it would be easy to someone to make 8 accounts and buy in to 8 of the 9 available seats in a sit-and-go and virtually guarantee himself to win the 9th guy's money.