PvP Bitcoin Pokerroom at Bit-Exo.com! Ringgames & (sit&go) Tourneys. Freerolls

[Bit-Exo.com]

Poker Beta is now live on our site Bit-Exo.com!

You can now play Hold'em,Omaha and Omaha Hi-Lo ringgames and sit&go's with your Moneypot account!

Please let us know in this thread or by PM if you run into any issues or have suggestions.

1 BTC = 1,000,000 bits
1 Bits = 1 chip

1.5% rake on ringgames and 5% fee on tourneys.


Every 2 hours there is a 120 bits NL & PLO Freeroll and on sundays there are 4 NL and 4 PLO 1k bits freerolls!

Good luck at the tables!

[nelson4lov]

Will definitely give it a shot. Good luck to myself!

Regards,
Simeon4real

[TooMainstream]

I did the excalate from 50 bits to 5000 then lost due a bad hand. Will play again

[Bit-Exo.com]

Just created 2 freerolls for tonight with both a prizepool of 5k bits!

First freeroll starts at 22:00 UTC

Second freeroll starts at 23:30 UTC


No tickets required! everyone is welcome to join.

[piebeyb]

Just created 2 freerolls for tonight with both a prizepool of 5k bits!

First freeroll starts at 22:00 UTC

Second freeroll starts at 23:30 UTC


No tickets required! everyone is welcome to join.

It sounded good, see it immediately on your site right now, I hope the game fun and I also happen to love to play in the freeroll

[DarkDays]

Seems like you sprung for the Gold tier Mavens software, so it's good that you're willing to invest some money/time into the project.  As far as functionality for how it plays, it's fine (Mavens software seems pretty reliable).  The only thing I saw that was worrisome is the "disconnect protection".  Does that mean that if someone gets disconnected their hand is still considered live and they can win the main pot?  That's very very bad and very easy to exploit.  If it means that someone gets extra time to reconnect before their hand gets folded, though, that's fine. 

As far as larger issue, I'm curious if you've hired a Poker Room Manager/Security to handle the site when it launches?  It's important to have dedicated people on the job since running a safe and profitable poker room is a full time job.  Do you have a marketing team?  Marketing towards poker players (not just towards bitcoin enthusiasts) is crucial to your success, and is something that no bitcoin-based room (except for early Seals) has done correctly.  Now that Ignition and WPN use bitcoin for deposits/withdraws, it's a much easier concept for poker players to wrap their heads around and they are likely to be more receptive towards a bitcoin-based room.  Do you have an affiliate structure set up?  VIP levels/rakeback?  Do you have plans for a stand alone client in addition to the web based client?  Is the withdraw process instant? (it shouldn't be)  Is MP getting half of your rake? (they shouldn't be)  Why are you using the 1 chip = 1 bit conversion instead of the industry standard 1 chip = 1mBTC conversion?  Do you have systems set up to deal with the rampant begging that online poker is rife with?  What about p2p transfers?

The marketplace is primed and ready for a good, well run, well marketed bitcoin poker room.  Hopefully you're committed to the cause and can fill that need.

(also as I was typing this, it looks like your 2nd tournament has disappeared from the lobby)

[Bit-Exo.com]

Seems like you sprung for the Gold tier Mavens software, so it's good that you're willing to invest some money/time into the project.  As far as functionality for how it plays, it's fine (Mavens software seems pretty reliable).  The only thing I saw that was worrisome is the "disconnect protection".  Does that mean that if someone gets disconnected their hand is still considered live and they can win the main pot?  That's very very bad and very easy to exploit.  If it means that someone gets extra time to reconnect before their hand gets folded, though, that's fine. 

As far as larger issue, I'm curious if you've hired a Poker Room Manager/Security to handle the site when it launches?  It's important to have dedicated people on the job since running a safe and profitable poker room is a full time job.  Do you have a marketing team?  Marketing towards poker players (not just towards bitcoin enthusiasts) is crucial to your success, and is something that no bitcoin-based room (except for early Seals) has done correctly.  Now that Ignition and WPN use bitcoin for deposits/withdraws, it's a much easier concept for poker players to wrap their heads around and they are likely to be more receptive towards a bitcoin-based room.  Do you have an affiliate structure set up?  VIP levels/rakeback?  Do you have plans for a stand alone client in addition to the web based client?  Is the withdraw process instant? (it shouldn't be)  Is MP getting half of your rake? (they shouldn't be)  Why are you using the 1 chip = 1 bit conversion instead of the industry standard 1 chip = 1mBTC conversion?  Do you have systems set up to deal with the rampant begging that online poker is rife with?  What about p2p transfers?

The marketplace is primed and ready for a good, well run, well marketed bitcoin poker room.  Hopefully you're committed to the cause and can fill that need.

(also as I was typing this, it looks like your 2nd tournament has disappeared from the lobby)

Disconnect protection gives someone extra time to reconnect before their hand gets folded.

When we get out of beta and fully launch the answer to all your questions except one is Yes (Is MP getting half of your rake? No)

We chose for 1 chip = 1 bit because most of our site's and Moneypot's users are already used to this conversion.

The 2nd tournament disappeared from the lobby for a minute because i made a change to the payout structure.

Why shouldn't the withdraw process be instant?

[Bit-Exo.com]

2 freerolls for tonight with both a prizepool of 5k bits!

First freeroll starts at 22:00 UTC

Second freeroll starts at 23:30 UTC


No tickets required! everyone is welcome to join.

[DarkDays]

When we get out of beta and fully launch the answer to all your questions except one is Yes (Is MP getting half of your rake? No)

That's good!

Why shouldn't the withdraw process be instant?

That's bad!

In a standard poker ecosystem, even one with a small (50-100) number of active players, it's impossible to monitor every single hand for problems.  Even with a large security team it's just unrealistic because of the volume of hands that are being played, the fact that you need to cross reference a ton of hands to prove malfeasance occurred, and the fact that a majority of your player base is going to be playing the game honestly.  The SOP is that hands are checked in two situations: when a player makes a complaint and when a withdraw is requested. 

Let's say two (or more, most serious collusion teams run in fours, especially in PLO because you can get insane coverage) players team up to share hole cards/whiplash people/chip dump/run a best hand, whatever.  To cheat the other players.  If you let them snap cash out, then what happens to the players that were cheated?  And on a larger scale, when will you run security checks?  Randomly?  That's going to be fairly redundant and a poor use of security's time.

[Bit-Exo.com]

Every 2 hours we host a Poker Freeroll with 500 bits prizepool, on sundays there are 2 Freerolls with 4k bits prizepool at 21:30 and 23:30 UTC.

[Bit-Exo.com]

There are two 4k bits freerolls tonight! One at 21:30 UTC and the other at 23:30 UTC.

Good luck everyone!

[Bit-Exo.com]

Guaranteed tourneys and freerolls are now added!

[Bit-Exo.com]

Many Freerolls and guaranteed tourneys today on our site! Join us now!

[JackpotRacer]

When we get out of beta and fully launch the answer to all your questions except one is Yes (Is MP getting half of your rake? No)

hi exo

how much is MP cut of your rake?

thx and good luck

[Doddolo]

Is poker game with other real users, or we play against the computer?

Thanks

[Bit-Exo.com]

When we get out of beta and fully launch the answer to all your questions except one is Yes (Is MP getting half of your rake? No)

hi exo

how much is MP cut of your rake?

thx and good luck

Currently MP doesn't take a cut of our rake. We are working on a update to the game that will make use of the MP bankroll.

[Bit-Exo.com]

Is poker game with other real users, or we play against the computer?

Thanks

The poker game is with real users, we are not running or allowing pokerbots to play on the site.

[DarkDays]

When we get out of beta and fully launch the answer to all your questions except one is Yes (Is MP getting half of your rake? No)

hi exo

how much is MP cut of your rake?

thx and good luck

Currently MP doesn't take a cut of our rake. We are working on a update to the game that will make use of the MP bankroll.

That doesn't make much sense.  You don't need a bankroll for a poker site, it's peer-to-peer.

[Bit-Exo.com]

When we get out of beta and fully launch the answer to all your questions except one is Yes (Is MP getting half of your rake? No)

hi exo

how much is MP cut of your rake?

thx and good luck

Currently MP doesn't take a cut of our rake. We are working on a update to the game that will make use of the MP bankroll.

That doesn't make much sense.  You don't need a bankroll for a poker site, it's peer-to-peer.

To get into more details we are working on adding Spin & Go games. These 3 player hyper tourneys do not have a fixed prizepool and require a bet placed vs Moneypot's bankroll.

[DarkDays]

When we get out of beta and fully launch the answer to all your questions except one is Yes (Is MP getting half of your rake? No)

hi exo

how much is MP cut of your rake?

thx and good luck

Currently MP doesn't take a cut of our rake. We are working on a update to the game that will make use of the MP bankroll.

That doesn't make much sense.  You don't need a bankroll for a poker site, it's peer-to-peer.

To get into more details we are working on adding Spin & Go games. These 3 player hyper tourneys do not have a fixed prizepool and require a bet placed vs Moneypot's bankroll.

Oh, that's actually a great idea.

Although I do have to caution that you need a large player pool for that to work.  Betcoin, for example, tried to introduce those games a few weeks ago and they can't get any to run.