New Poker Brand for BTC

[eking657]

Hello forum members.

I am currently under development of a new software for a poker room. We are looking to launch our brand probably within the first 2 weeks of this upcoming September. Needless to say, the poker room will be completely bitcoin based, and our mission is to grow and give out white-labels to potential partners. We are working extremely hard, to get a unique angle to this poker room.
However, before launching, I was wondering what players on bitcointalk think about BTC poker sites.
If any of you can give me your take on it. What are YOU looking for in a BTC poker room.

Deposit and Withdrawal Time?
Minimum Dep and Withdrawal?
Rakeback?
Licenses for your region?
Customer support? Language? Live-Chat
What currency to host the games in?
Freerolls?
Free money to sign up?
Rake percentage?

**Please also list some features you'd like to see on the poker table
Some features we are working on (will share pictures soon) - RakeBack box - showing you how much rakeback you accumulate per session.
Optional country flag
Optional Avatar
Chat bubble (similar to the old merge network) with icons and emoji's
let me know whats important to you

These are some serious concerns I would like to address, as I am sure that some or perhaps ALL of these questions have either stopped you from registering or have left you with little faith to deposit.

The more information I get from you guys the better I can build this thing!
PS - Please give reasonable answers. Obviously no one would expect to receive 1BTC no deposit and withdraw auto. So keep it REAL and perhaps our new brand will be the next PokerStars of Bitcoin!

Thank you in Advance.

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30/07/2017 UPDATE

So as we leap closer to launch date I wanted to update you guys with one of the features we are working right now to implement in our system.
Its called UBPlay (why its called that I'll leave for a different time)

Basically, we are going to introduce a game based on PLAY MONEY MODE.

And it goes like this:
When a new user signs up, he will be given 500 play chips that can be topped up once every 6 hours.
You can play any game you want , including cash games, tourneys, sitNgos.
Once you accumulate enough chips  you can purchase tickets for our events
8 events will run monthly, between mbtc100 - 1000 EVERY month.
Only way to enter the events is buy purchasing tickets through PLAY MONEY.
On May of every year we will host the Main Events of UBPlay, with prizes up to  BTC20

Players wishing to start with more than 500 play chips, or want to play bigger play tournaments can do so by purchasing play chips (kind of like on pokerstars, zyngapoker or wsop on facebook)

Value of chips: Every chip is worth 1 satoshi (however play chips can not be converted to real money)
Play chips can be purchased at 1mbtc for 100,000 (as there are 100,000 satoshis in 1mbtc)

We believe this can be a really nice feature that can push newbies to become real money players and help new btc players get acquainted with how bitcoin works

LET US KNOW YOUR THOUGHTS ON THIS FEATURE

REAL MONEY FEATURES WILL BE LISTED HERE SOON

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[Cacingkemi]

This my opinion

Deposit and Withdrawal Time? Anytime
Minimum Dep and Withdrawal? DP Min 1mbt - maks 100 btc WD
Rakeback? No
Licenses for your region? No
Customer support? Language? Live-Chat ( yes English language )
What currency to host the games in? Btc and alt coin
Freerolls? Yes
Free money to sign up? Yes
Rake percentage? Yes

[eking657]

This my opinion

Deposit and Withdrawal Time? Anytime
Minimum Dep and Withdrawal? DP Min 1mbt - maks 100 btc WD
Rakeback? No
Licenses for your region? No
Customer support? Language? Live-Chat ( yes English language )
What currency to host the games in? Btc and alt coin
Freerolls? Yes
Free money to sign up? Yes
Rake percentage? Yes

Thank you for you speedy reply.
I will take note of your answers.
If you can clarify just afew things:
What do you think rake percentage should be? brands typically take between 2-5% up to $5 depending on number of player and game size. How do yuo feel about rake?

thank you so much for your time.
much appreciated

[es2thekay]

free rolls are always nice and bring a lot of players. I hope to see something focusing on the UX/UI, at least more enjoyable than the poker rooms currently available.

edit: agreed with the previous post. atlcoin support could help

[eking657]

free rolls are always nice and bring a lot of players. I hope to see something focusing on the UX/UI, at least more enjoyable than the poker rooms currently available.

edit: agreed with the previous post. atlcoin support could help

Thank you for your response! Point taken!
UX/UI is something that we are really focusing on. Including mobile version.
We will also have games similar to what you may find on PokerStars/Titan/Party. Including speed poker.

In addition to bitcoin, what other altcoins would you want added? And if you could have a wallet with multiple cryptos, what would be the coin of choice for ring games?

Best

[Bitcoingiver]

My advice will be short.
I will like free money to be given on sign ups. And I will like the platform currency to be USD and BTC the user should chose when signing up. And for the language it can't be only English because everyone doesn't speak English. The user should also chose his or her language when signing up it will make the platform more engaging. That's my little advice for now.
Bravo.

[actmyname]

free rolls are always nice and bring a lot of players.

Freerolls might bring in maybe 1 player for each 20 participants.

Rakeback would be far superior in enticing more players to join rather than essentially giving money away for 'promotions'. What you'll get is a lot of players only coming for the freerolls and/or collusion.

[eking657]

free rolls are always nice and bring a lot of players.

Freerolls might bring in maybe 1 player for each 20 participants.

Rakeback would be far superior in enticing more players to join rather than essentially giving money away for 'promotions'. What you'll get is a lot of players only coming for the freerolls and/or collusion.

Point very well taken. I have considered this, as I know this to be true from other brands I have operated (in other marketing verticals).

In regards to Rakeback - What are your thoughts
Daily/Weekly?
What percentage?
Should that percentage change with bigger games?

[jpouza]

It will be nice to have more options in Bitcoin Poker.

Just my opinion:

Deposit and Withdrawal Time?
Must be anytime, this is a critical thing to consider IMHO.

Minimum Dep and Withdrawal?
Min Deposit 0.001 BTC /  Min Withdrawal 0.002-0.003 BTC.

Rakeback?
Yes, 30% is fine (daily).

Licenses for your region?
No.

Customer support? Language?
Via e-mail, live chat and bitcointalk official thread in Gambling section of course, english preferred, spanish would be nice too.

What currency to host the games in?
Bitcoin and Litecoin.

Freerolls?
Yes.

Free money to sign up?
Yes.

Rake percentage?
Yes, 2,5% to 7,0% of the pot.

[eking657]

It will be nice to have more options in Bitcoin Poker.

Just my opinion:

Deposit and Withdrawal Time?
Must be anytime, this is a critical thing to consider IMHO.

Minimum Dep and Withdrawal?
Min Deposit 0.001 BTC /  Min Withdrawal 0.002-0.003 BTC.

Rakeback?
Yes, 30% is fine (daily).

Licenses for your region?
No.

Customer support? Language?
Via e-mail, live chat and bitcointalk official thread in Gambling section of course, english preferred, spanish would be nice too.

What currency to host the games in?
Bitcoin and Litecoin.

Freerolls?
Yes.

Free money to sign up?
Yes.

Rake percentage?
Yes, 2,5% to 7,0% of the pot.

Thank you so much for your feedback.

[BitMaxz]

Deposit and Withdrawal Time?
Minimum Dep and Withdrawal?
Rakeback?
Licenses for your region?
Customer support? Language? Live-Chat
What currency to host the games in?
Freerolls?
Free money to sign up?
Rake percentage?

Most gamblers i think they are always looking for good promotion freerolls rareback and free register bonus which is gamblers are taking this advantage and affiliate bonus that they can share the link affiliate to get more bonus or earn few bitcoins that they can promote to their friends or other site..
That is why we have games and rounds here where many gamblers are looking for bonuses for the brand new poker or other games..
And also they are always looking for provably fair games this is mostly the important in gambling..

[eking657]

Hey bitmaxz thank you for taking time to reply.
When you say, 'looking for fair games' what exactly do you mean by that?
I appreciate your help in the matter
Best

[es2thekay]

free rolls are always nice and bring a lot of players.

Freerolls might bring in maybe 1 player for each 20 participants.

Rakeback would be far superior in enticing more players to join rather than essentially giving money away for 'promotions'. What you'll get is a lot of players only coming for the freerolls and/or collusion.

while it's true, it can bring a lot of 'free rollers'  if there are freerolls running every hours / every day, you'll definitely assure yourself no profits. but look at nitrogen since they tighten the cheating issue i think that the way they handle their freerolls, doesn't seem to harm them at all. but I'm no poker site owner so just a thought.

[actmyname]

but look at nitrogen since they tighten the cheating issue i think that the way they handle their freerolls, doesn't seem to harm them at all.

Now wait just a minute! If you're saying NitrogenSports has the collusion issue down pat then you are completely wrong. If you take a look at their 4FL games close to the Daily 100 Flop tournament time, you'll see a lot of 2-seat games happening between two colluders. If you sit down, at least one of them will leave. Read my recent posts on their main thread and/or check out Sadsong's collusion thread.

Point very well taken. I have considered this, as I know this to be true from other brands I have operated (in other marketing verticals).

In regards to Rakeback - What are your thoughts
Daily/Weekly?
What percentage?
Should that percentage change with bigger games?

Weekly rakeback will help prolong gameplay.
2 to 3% would be an incentive. Lower than PokerStars' rake.
Increase up to 4.5% to stay competitive and profitable.

Offer higher rakeback to players that have played more hands/contributed more rake/etc to further incentivize contribution. A level-rewards system not dissimilar to Betcoin's would be a thought but a simple measure could be to have players achieve a minimum of N rake/flops at a certain stake for X rakeback.

[TheCoinFinder]

It is okay to use USD as a currency to host your poker game. Users are attracted mostly if you offer free money to signup.
However,  must have a good referral reward promotion to encourange players spreading word.

[bitcoinsid]

bitcoins accept n poker games .we can login anytime.registration is free. if a player deposited 1 BTC on ACR this time last year then ACR would have credited their account with $400. If the same player then withdraws the same amount today he will receive 0.21 of a Bitcoin. The player will still have $400 worth of BTC so won't have lost a cent in real money, but ACR will have made some $1,475 from the remainder of this single BTC.

[chinapeople]

guarantee tourneys with possible overhang 

[KickItDown]

Probably main coins like BTC, LTC, and ETH?
Anyway, freerolls and free satellites?

[eking657]

Probably main coins like BTC, LTC, and ETH?
Anyway, freerolls and free satellites?

Thanks for your feedback.

We will ofcourse have freerolls, and satellites. But we are also developing a brand new type tournament that will attract new poker players to play and receive free money.

Let me know if you would have any other requests in order to join a new poker room. Things that are important to you.

[www.btcjack.com]

Deposit and Withdrawal Time?
Using crypto currecy deposits are usually instant or as soon as there is 1 - 3 confirmations on the blockchain , sometimes up to 6 confirmations if the deposits are big ( 10 BTC and up ) , cashouts in crypto - currencies needs to be in a reasonable time as
1. The whole point of crypto currencies is swiftness and no one likes to wait , it is what makes the difference between a regular poker site that has a 1- 5 days waiting period to a bitcoin opereated poker site. If you have a good system in place for fraud , collusion , multiple accounts , then there is no reason not to let players withdraw immediately , the quicker they receive there money , the better they are to feel good about depositing again with you.

Minimum Dep and Withdrawal?

most bitcoin poker sites have a 1mbtc ( 100,000 satoshi ) minimum deposit , which is about $2 today ( 18/17 /2017 ) which again is a lot less than the traditional $10- $25 min deposit that you have on most poker sites. Same for withdrawls maybe 5mbtc , you have to always take into consideration how much transaction fees are so maybe not instant withdrawls but rather when you have 10 withdrawls made to be sent out together , I'm not an expert on how you can save money on multi transfers but I'm sure there is a way to save if you do a large amount .

Rakeback?

Key element for players who grind hours at the table , I don't think that every player should be receiving bitcoin , but only the players who put in the hours at the table , so you can do a 20% - 40% rakeback for players who reach a certain threshold ( amount of hands / rake / tables etc.. )

Licenses for your region?

This is a really tricky and complex issue . Using bitcoin in many countries is still not known as a recognized currency so I don't know about regulation , however having a regulation helps players feel safer with there money , so that if something ever happens they have an address , this is usually pointless , take fulltiltpoker when it closed down if pokerstars didn't buy them out players would have never received their funds , so does regulation help , the answer is yes and no.

Customer support? Language? Live-Chat

The more ways that you have to talk with your clients the better it is for you , I would recommend live chat , email , skype and ticket center for players to be able to get in touch , languages should be obviously English but adding Russian , Spanish and a few more will bring you players from different regions as well , also helping your site in seo to reach organic traffic in different countries.

What currency to host the games in?

If you are using only crypto - currencies then only in btc , lets say 1 bitcoin = 1000 mbtc , so if players want to play even micro limits they are available. If you add other currencies then have the option for currency exchange rates on the site say litecoins how many btc points you get per litecoin , and to convert litecoin to bitcoin on the site , then for withdrawl they can exchange back to there crypto currency of their choice.

Freerolls?

Always a good idea to bring new players to test out the platform , but be warned there are a lot of freerollers out there that have no real interest in being poker players , and they open multiple accounts which can really screw your system. I would recommend really small freerolls and also vip freerolls for players who play a certain amount of hands per day / week

Free money to sign up?

No need really , I really don't like the free money bonuses as they talke forever to clear , its better to offer stuff like free sit and go tickets on first deposits , or first time deposit weekly freeroll , again this can lead to players opening a few accounts and making small deposits if the freeroll has potential value so make sure you have a good no multi account procedure in place.

Rake percentage?

The standard is about 3% - 5% up to a few dollars or in this case bitcoin , I would suggest either lowering it for bigger blinds or keep it as it is but be able to add more incentives for your players .

I hope this helps