FLIPPOKER IS CLOSING!

[FUR11]

Worst site ever.

Ties get graded as losses.  The multiplier is misleading.  On a 1.19x multiplier, for example, you are risking .0003 in order to win .00005643 (should be .0003 to win .000357).  Max bet is .0003 by the way...but the min cashout is .01.  This is insane, I highly doubt that the house edge is 1%, even if the cards are all dealt randomly (are they?), on most hands you are risking 3-10 times as much as you stand to win.  Glad I only lost small amount checking this horrible site out.

We don't calculate our profit that way, it cost you a bet then you get the "bet * multiplier" in return.

Ok, then there is no way that you only have a 1% house edge.  If that were true, the player would need to win somewhere around 70-80% of their hands.  This clearly isn't the case.  Your site is RIDDLED with misspellings and vagueries and I'd suggest that everyone stay away.

[bobolini]

TY HERE IT IS
17Y1V86ytQ3uwhK5NJHPHAU7w9oiguV4LW

[FlipPoker]

TY HERE IT IS
17Y1V86ytQ3uwhK5NJHPHAU7w9oiguV4LW

0.0003 BTC have been credited to your account.

[FUR11]

Since my questions were ignored, I've had some time to run some math.  All of these are assuming that the flop/turn/river are completely random.  I have to assume that since it's not explained anywhere on the site.  These are all hands played on the site, for btc:

A9 vs 42 with a 1.07 multiplier.  The player has a 65.06% chance of winning, assuming completely random f/t/r:

Option 1: Fold, lose -.00005
Option 2: Bet .0001  65.06% of the time player wins and profits .000007.  34.94% of the time, player loses or ties (ties lose on this site, another rule that isn't stated anywhere) and loses -.0001.  Total equity: -.0000303858

Option 2:  Bet .0002.  If you do this, your equity is -.00005588.

Option 3:  Bet .0003.  If you do this, your equity is -.00008382.

This means that, in this scenario, every decision will lose you money in the long run.  And folding a hand that's a 65% favorite is a better decision then betting either of the two larger bet options.


Let's look at a hand with a higher multiplier.

J4 vs 95s with a 1.49 multiplier.  The player has a 54.46% chance of winning, assuming completely random f/t/r:

Folding loses you -.00005

Betting .0001 gives you an equity of -.0000188546
Betting .0002 gives you an equity of -.0000377092
Betting .0003 gives you an equity of -.0000565638


Another situation where every decision is going to lose you money overall, and the more money you risk the more you are losing.

I could go on, but a majority of the hands I played seemed to have a multiplier under 1.5x.  I believe I saw only one hand where the multiplier was over 2x, and that was ~2.2x but I admittedly didn't play very long, since even if you win every other hand you are losing a quarter bet per hand. 

I'd love to see the documentation that shows a provably fair 1% house edge as you stated.

[FlipPoker]

text

I'm glad that you actually took your time for this post. I will look into these thing that you mentioned and see if there's something I may improve.. like the multiplier or the bet limits and so on.
I really like to get some feedback, both positive and negative. Because the site is still in development, I had many ideas for this in the beginning but you need to start somewhere and implement these features in the progress.

I will try to answer all your questions about the card randomisation and the multiplier calculation (without revealing too much of the code.. for obvious reasons). It may be a good idea to post that information at the site too, you're right that it's really little described about this process.
But not right now at this late hour.

[Onews1990]

1NAYBY4bUAfkGZ6BbwB5fjG3uno9N9yA9b
TY 

[FlipPoker]

1NAYBY4bUAfkGZ6BbwB5fjG3uno9N9yA9b
TY 

0.0003 BTC have been credited to your account.

[FUR11]

text

I'm glad that you actually took your time for this post. I will look into these thing that you mentioned and see if there's something I may improve.. like the multiplier or the bet limits and so on.
I really like to get some feedback, both positive and negative. Because the site is still in development, I had many ideas for this in the beginning but you need to start somewhere and implement these features in the progress.

I will try to answer all your questions about the card randomisation and the multiplier calculation (without revealing too much of the code.. for obvious reasons). It may be a good idea to post that information at the site too, you're right that it's really little described about this process.
But not right now at this late hour.

So your assertion is still that your site has a 1% house edge, despite those two real-btc hands that I posted?

If I bet .0001, and the house edge is 1%, I should get back, on average, .000099.  In the first example I posted above, I'm getting back .0000696142.  Wouldn't you say that that means that the house edge, on that bet, is 30.39%?  

[FlipPoker]

text

I'm glad that you actually took your time for this post. I will look into these thing that you mentioned and see if there's something I may improve.. like the multiplier or the bet limits and so on.
I really like to get some feedback, both positive and negative. Because the site is still in development, I had many ideas for this in the beginning but you need to start somewhere and implement these features in the progress.

I will try to answer all your questions about the card randomisation and the multiplier calculation (without revealing too much of the code.. for obvious reasons). It may be a good idea to post that information at the site too, you're right that it's really little described about this process.
But not right now at this late hour.

So your assertion is still that your site has a 1% house edge, despite those two real-btc hands that I posted?

If I bet .0001, and the house edge is 1%, I should get back, on average, .000099.  In the first example I posted above, I'm getting back .0000696142.  Wouldn't you say that that means that the house edge, on that bet, is 30.39%?  

I'm sorry.. but I didn't really follow what you mean.
I can make an example so you maybe understand.

If you bet 0.0001 BTC on a 1.5x multiplier the math is like this (if you win):
0.0001 * 1.5 = 0.00015
0.00015 - 0.0001 = 0.00005 (this is your "profit")
0.00005 * 0.01 = 0.0000005 (this is the fee)
0.00005 - 0.0000005 = 0.0000495 (this is your payout winnings)

I hope you understand my example above..

[FUR11]

text

I'm glad that you actually took your time for this post. I will look into these thing that you mentioned and see if there's something I may improve.. like the multiplier or the bet limits and so on.
I really like to get some feedback, both positive and negative. Because the site is still in development, I had many ideas for this in the beginning but you need to start somewhere and implement these features in the progress.

I will try to answer all your questions about the card randomisation and the multiplier calculation (without revealing too much of the code.. for obvious reasons). It may be a good idea to post that information at the site too, you're right that it's really little described about this process.
But not right now at this late hour.

So your assertion is still that your site has a 1% house edge, despite those two real-btc hands that I posted?

If I bet .0001, and the house edge is 1%, I should get back, on average, .000099.  In the first example I posted above, I'm getting back .0000696142.  Wouldn't you say that that means that the house edge, on that bet, is 30.39%?  

I'm sorry.. but I didn't really follow what you mean.
I can make an example so you maybe understand.

If you bet 0.0001 BTC on a 1.5x multiplier the math is like this (if you win):
0.0001 * 1.5 = 0.00015
0.00015 - 0.0001 = 0.00005 (this is your "profit")
0.00005 * 0.01 = 0.0000005 (this is the fee)
0.00005 - 0.0000005 = 0.0000495 (this is your payout winnings)

I hope you understand my example above..

Hold up, hold up.  You are CHARGING A FEE ON WINNINGS?  THAT'S what you are referring to when you say "house edge"  And you "don't follow" what I mean when I clearly explain very very basic math showing how much people are losing per hand? 

What percentage of each bet is the house winning each hand?  That's what house edge means.  In the two examples I provided, those percentages are 30% and 19%. 

[FlipPoker]

text

I'm glad that you actually took your time for this post. I will look into these thing that you mentioned and see if there's something I may improve.. like the multiplier or the bet limits and so on.
I really like to get some feedback, both positive and negative. Because the site is still in development, I had many ideas for this in the beginning but you need to start somewhere and implement these features in the progress.

I will try to answer all your questions about the card randomisation and the multiplier calculation (without revealing too much of the code.. for obvious reasons). It may be a good idea to post that information at the site too, you're right that it's really little described about this process.
But not right now at this late hour.

So your assertion is still that your site has a 1% house edge, despite those two real-btc hands that I posted?

If I bet .0001, and the house edge is 1%, I should get back, on average, .000099.  In the first example I posted above, I'm getting back .0000696142.  Wouldn't you say that that means that the house edge, on that bet, is 30.39%?  

I'm sorry.. but I didn't really follow what you mean.
I can make an example so you maybe understand.

If you bet 0.0001 BTC on a 1.5x multiplier the math is like this (if you win):
0.0001 * 1.5 = 0.00015
0.00015 - 0.0001 = 0.00005 (this is your "profit")
0.00005 * 0.01 = 0.0000005 (this is the fee)
0.00005 - 0.0000005 = 0.0000495 (this is your payout winnings)

I hope you understand my example above..

Hold up, hold up.  You are CHARGING A FEE ON WINNINGS?  THAT'S what you are referring to when you say "house edge"  And you "don't follow" what I mean when I clearly explain very very basic math showing how much people are losing per hand?  

What percentage of each bet is the house winning each hand?  That's what house edge means.  In the two examples I provided, those percentages are 30% and 19%.  

I think that I have explained this good enough in the "Fee" section on the site. I thought that you knew that.

I didn't really know what the term "house edge" really was, I thought it was just the "profit of the house" kind of term. I will have a study about the "house edge" and see what I come up with. I didn't really knew how to charge the fee's on another way than this. Maybe something to change to.

[FUR11]

text

I'm glad that you actually took your time for this post. I will look into these thing that you mentioned and see if there's something I may improve.. like the multiplier or the bet limits and so on.
I really like to get some feedback, both positive and negative. Because the site is still in development, I had many ideas for this in the beginning but you need to start somewhere and implement these features in the progress.

I will try to answer all your questions about the card randomisation and the multiplier calculation (without revealing too much of the code.. for obvious reasons). It may be a good idea to post that information at the site too, you're right that it's really little described about this process.
But not right now at this late hour.

So your assertion is still that your site has a 1% house edge, despite those two real-btc hands that I posted?

If I bet .0001, and the house edge is 1%, I should get back, on average, .000099.  In the first example I posted above, I'm getting back .0000696142.  Wouldn't you say that that means that the house edge, on that bet, is 30.39%?  

I'm sorry.. but I didn't really follow what you mean.
I can make an example so you maybe understand.

If you bet 0.0001 BTC on a 1.5x multiplier the math is like this (if you win):
0.0001 * 1.5 = 0.00015
0.00015 - 0.0001 = 0.00005 (this is your "profit")
0.00005 * 0.01 = 0.0000005 (this is the fee)
0.00005 - 0.0000005 = 0.0000495 (this is your payout winnings)

I hope you understand my example above..

Hold up, hold up.  You are CHARGING A FEE ON WINNINGS?  THAT'S what you are referring to when you say "house edge"  And you "don't follow" what I mean when I clearly explain very very basic math showing how much people are losing per hand?  

What percentage of each bet is the house winning each hand?  That's what house edge means.  In the two examples I provided, those percentages are 30% and 19%.  

I think that I have explained this good enough in the "Fee" section on the site. I thought that you knew that.

I didn't really know what the term "house edge" really was, I thought it was just the "profit of the house" kind of term. I will have a study about the "house edge" and see what I come up with. I didn't really knew how to charge the fee's on another way than this. Maybe something to change to.

Did you make this site?  Are you saying that you don't know what % the house wins at?  Are you trying to say that the game pays out perfectly even odds (which I believe I've shown isn't the case)?  How can you make/own a site but claim to not know how much you stand to make on bets placed on said site? 

Let me give you an example.  If the site had it's odds programmed in a way such that it was paying out at a rate over 100% (so if someone bet 1, their EV was over 1), you'd lose money.  How are you sure that that isn't happening?  If you are sure that the site isn't paying out too much money, you MUST know what rate it IS paying out at. 

What.

Is.

That.

Rate.

[FanEagle]

I will review this site for my blog
12TKcVQs46DVg7vRGzFXKxTscb4QDJtj21

[MakeBelieve]

I would of thought you would of allowed me to have what I earned because it wasn't my fault and you found the bug because of that imagine if you wasn't online when someone did that you would be bankrupt within a few hours if they bid high enough.

[FlipPoker]

I will review this site for my blog
12TKcVQs46DVg7vRGzFXKxTscb4QDJtj21

Have credited your account with 0.0003 BTC.

I would of thought you would of allowed me to have what I earned because it wasn't my fault and you found the bug because of that imagine if you wasn't online when someone did that you would be bankrupt within a few hours if they bid high enough.

Well, yes.. I didn't really were in the mood yesterday to lose the whole bankroll (also some of my own personal cash) for a malfunction.

#EDIT: You also gotta know that I felt really bad about that.. I have thought about this for a minute and I will credit your account with the 0.01 BTC you should have won in the first place.
Just check your balance and you will see that 0.01 BTC is there.

http://www.betcoinpoker.com/  

 Try it.-

No advertising in this thread thanks, create your own topic if you want to promote that site.

[FanEagle]

I guess the website needs a fix on multiplier of winnings.
Random multiplier will NOT help the user.
Multiplier should be like something that equiparate to the difficulty of the hand to be won against another, not random. I'm like... going to say, what happens if in case i get AA and my opponent gets 72 the multiplier would be like 1.7(just an example) I would bet like the max because I know I'm pretty happy to bet "all i got" to win a so easy hand.
Meanwhile 2 hands that are similars... like Q7 and K8 should be like 1.2, i tried it and im like ok, if i win i win almost nothing... 1.05 for example.
I'm not an expert on percentage of winnings, but at least put real %

[FlipPoker]

I guess the website needs a fix on multiplier of winnings.
Random multiplier will NOT help the user.
Multiplier should be like something that equiparate to the difficulty of the hand to be won against another, not random. I'm like... going to say, what happens if in case i get AA and my opponent gets 72 the multiplier would be like 1.7(just an example) I would bet like the max because I know I'm pretty happy to bet "all i got" to win a so easy hand.
Meanwhile 2 hands that are similars... like Q7 and K8 should be like 1.2, i tried it and im like ok, if i win i win almost nothing... 1.05 for example.
I'm not an expert on percentage of winnings, but at least put real %

Thank's for taking your time.

My vision about this were to give the users completely random odds and hands.. that you could wake up with 72 vs AA with 2.5x or vice versa AA vs 72 with 2.5x for you. That it could come some oppurtunity's where you really need to take a risk or you pass the hand and get to the next one.
Perhaps some of the multiplier values is "to low" too.. you can get a multiplier high as 3x if your lucky. But I will look into this when the multiplier calculates depending on the pre-flop and what that would mean for the site.

[cointron]

No advertising in this thread thanks, create your own topic if you want to promote that site.
[/quote]

I apologize. 

[FUR11]

I guess the website needs a fix on multiplier of winnings.
Random multiplier will NOT help the user.
Multiplier should be like something that equiparate to the difficulty of the hand to be won against another, not random. I'm like... going to say, what happens if in case i get AA and my opponent gets 72 the multiplier would be like 1.7(just an example) I would bet like the max because I know I'm pretty happy to bet "all i got" to win a so easy hand.
Meanwhile 2 hands that are similars... like Q7 and K8 should be like 1.2, i tried it and im like ok, if i win i win almost nothing... 1.05 for example.
I'm not an expert on percentage of winnings, but at least put real %

Thank's for taking your time.

My vision about this were to give the users completely random odds and hands.. that you could wake up with 72 vs AA with 2.5x or vice versa AA vs 72 with 2.5x for you. That it could come some oppurtunity's where you really need to take a risk or you pass the hand and get to the next one.
Perhaps some of the multiplier values is "to low" too.. you can get a multiplier high as 3x if your lucky. But I will look into this when the multiplier calculates depending on the pre-flop and what that would mean for the site.

It's been over 12 hours and you still haven't replied to me.

What is the house edge %? 

How is the game provably fair?

[FlipPoker]

id give it a shot thanks.
15hidKKRvBkDcQT1NoJT3wLLdqftWzfCiA

I need your Bitcoin address from the site, just press the "Deposit" button in the top-right corner.