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pokerstars casino problem - win

Cardano Poker Site

Hi,
I have been a professional poker player for the past 3.5 years and have been following poker and the community for the past 8 years. Also, I am a current ADA holder. After learning about the blockchain, I saw the benefits that could be obtained by running a poker site on one. I think a well done poker website on a blockchain could kill every other kind of poker site and would love to see this come to fruition. However, to create a huge poker site that rivals the likes of PokerStars requires a ton of money, experience and a huge team. Therefore, I am a bit lost at how to proceed. I guess hopefully this post catches the eyes of someone that is looking for an idea and has the expertise, team, and capabilities to pull it off.
Below I have listed the current problems that plague the poker industry, all which can be fixed by the blockchain. After, I list the challenges that would be faced if someone tried this endeavor.
Problems with Current Poker Industry:

Challenges:

If anyone wants to run with this idea it is all yours and would be glad to help. I have been working relentlessly at poker the last 3.5 years to become one of the best in the world. In the process, I know what the players and community desires and lacks. I would love to have a strategic role in a site like this and really just want to solve the problems that I face everyday as a professional poker player.
submitted by kobeizdabest to CardanoDevelopers [link] [comments]

Account frozen on pokerstars.

So I was being a massive degenerate on pokerstars, my poker playing was 100% in control and perfectly fine playing micro stakes SnGs and fifty50's. Typically breaking even or a slight small profit at those stakes. Poker was never an issue, I play casually. I have home game group and played home games now and again etc.
However, my issue was a growing addiction to losing all my poker balance on slot machines. Well, I wasn't addiction to losing... Addicted to winning, except I wasn't winning.
I took the smart decision to disable Casino on pokerstars client, so the temptation was not there. So I email them asking to block Casino (I'm now aware you can disable it yourself in the settings, however I was unable to find it at the time which is why I sent the email). A week goes by... still able to use casino. At this point I'm out of control, I am really struggling not to load up slots at this point. I'm also increasing my bet sizes as I lose getting tilted at not hitting any bonuses etc. I realise I'm struggling.
So I contact them again via email. Maybe another week goes by, still nothing.
I then look harder about the place and find I can speak on livechat if I am talking about a promotion/bonus on casino. So I join that and credit where it's due, the guy I spoke to blocked Casino instantly and the problem was resolved. However, he then passed my case on to the responsible gaming department as he felt it had been dealt with poorly. Which I would agree with, 2 weeks and it still wasn't blocked without me chasing it for a 3rd time.
At this point, I'm still able to play poker. I feel so relieved that the option for casino has gone and I'm happy I can't lose anymore money to their casino ever again. It felt like a bigger win than hitting any bonus on a slot machine.
Fast forward to now, I receive contact from responsible gaming who have taken the decision to refund everything I lost since I requested my account be blocked from the casino. Which is great, but they're also saying they feel it's best they block poker on my account too. As a result, my whole pokerstars account is now frozen.
I'm not sure if there's anything I can say to stop them blocking poker? Is it because they messed up not blocking my account, if I then lose money on poker they believe I could build a legal case against them so feel it's best just to get rid of me completely?
Just so badly dealt with all round by pokerstars honestly. I just wanted Casino blocked on my account and it's escalated.
submitted by KEEPCARLM to poker [link] [comments]

An Online Pro's first day playing Live

I yell at my Mom to hurry up as she tries to recreate the pokerstars Team Pro patch on my Run It Once hoodie. She flinches and pricks her finger with the needle.
lol dumb bitch I think to myself as I dunk my tendies into Chik Fil A sauce.
Tonight is my live cash debut. I watched all of Doug's Polker (lol) hands. I read all the UpSwing articles and browse this sub religiously. I would be an online crusher if it weren't rigged and if the rake weren't so high. These live donks won't know what hit them.
I finish my dinner and snatch my hoodie from my Mom. "Have fun playing with your friends," she says as she hugs me. I want to tell her there are no friends at the table. There are only Sharks and Fish and I'm a Mother Fucking Great White. Instead I take the opportunity to remove her debit card from the purse sitting at the table. My $400 bankroll might need a little assistance against the live variance.
I slip on my RIO hoodie over my UpSwing tank top, then finish with a Favorable hat. I check my backpack and find everything I need for the upcoming grind: granola bars, power bank, sunglasses, wireless headphones, 2 big Monsters, and my preflop charts.
I get on the subway (Mom needed the mini van for church) heading to Encore Boston Harbor. I feel all the eyes of the commuters on me. They've never seen a man like me before: 140 LBS all muscle and discipline. I DARE someone try to angle me today at the table. I will fucking delete them from existence.
I finally arrive, and walk through the resort towards the Casino doors. A security guard in a Red Jacket stops me. He points at my bag, "You can't bring that inside."
Immediately my eyes get hot and I try to quickly blink back the tears. I get ready to explain that I have a medical problem and the items in my bag helps reduce sensory overload and high-stress inducing--
"You can't bring those energy drinks inside sir."
"Oh." I take my Monsters out of the side pockets and throw them in the bin. The Security Guard nods, "Welcome to the Encore."
Wow, what an asshole. He gets a little authority and goes on a power trip.
I scan the casino floor for the poker room and find the sign. I take the escalators up and approach the front desk.
"Hi, I'd like to play 3NL."
"I'm sorry, do you mean $1/3 No Limit?" the Manager replies.
I chuckle. These morons have never played online where the real pros are.
"Yeah, that's the same thing as 3NL. It's what we call it online."
"Right. Do you have a card?"
I hand over my Driver's License.
"Uh no, a Red Card. Do you have a Red Card with us?"
I can feel the tears forming again. I told my Mom to write down everything I'd need to play and of course she fucks it up. I need a Red Card to play and she didn't make me one. Can't even fucking trust family.
The Manager sees my eyes water, "It's okay if you don't. We can have one made for you. What are your initials?"
"J. Z." I'm gonna fool this room into thinking Jay Z is here LOL.
"You're all set. It shouldn't be too long. You're number 4 on the list."
"Thank you."
10 minutes later they call me and I sit down. Everyone is drinking except 1 Asian kid with a face mask. The goofy MAWG with a big stack (about 300BB effective) welcomes me to the table as I sit down to his left. "Look guys we finally got a pro to teach us how to play."
I can see through his laughter that he's afraid of me. He realized a human PIO solver just got position next on him. Unfortunately for him, I'm not here to give lessons.
I give the Chip Runner $100 (I figured out an unbeatable short stack strategy) and go to the bathroom to go over my preflop charts. When I return, 30 minutes later, my chips are there and I'm ready to play.
First hand, I get JdJh UTG+1. MAWG straddled so I'm first to act. I try to go all in but my hands are shaking and I drop $40 in chips before it goes over the line and Asian pro calls string bet. Bet is $60. It folds to MAWG.
"Why so much?" he asks. I don't say anything. I close my eyes and curse myself for not taking out my sunglasses earlier. "You have Jacks?" he continues. I make a mental note to protect my cards better because clearly this dickhead is peaking at my cards. MAWG folds. EZ game. I slide a Red bird to the dealer as she moves the pot towards me. Our hands touch. She thanks me for the tip and calls me honey. I'm fucking in. Definitely gonna smash that later.
1 hour later I'm in the BB with 6c6d. It limps to me and I check. Flop is 7s6h5s. Check, I check to trap, checks to CO who bets $10. BINGO.
Folds to me, I make it $50, LJ calls, CO jams for $200, I call with my remaining $40, LJ tank calls. LJ covers.
Turn Ad. River Ks. I groan. No one wants to show first and floor is called. CO shows 75o. I think my set of Sixes are good. LJ shows 4d3d. What a fucking slow roll.
I rebuy, this time to the max $300. These guys clearly don't know how to play, and they'll make even more errors deepstacked.
Asian pro opens to $15 from MP. Folds to me on the BU with AdAh. I think about how I'm going to mix. 12.5% raise to $30. 16.8% raise to 45, 25.7% raise to $60, and 52.3% Call. I run an RNG generator in my head and decide on a Call.
Flop J43r. Asian pro Cbets $15. I run RNG again and call.
Turn 9. Asian pro overbets $75. I tank and wince, pretending this is a tough spot. 5 minutes later I turn to the Dealer, "All In." Asian pro snap calls and shows KsKd. I wait.
River 5. I show and Asian pro mucks. Fucking OWNED LOL. Everyone at the table tells me Nice Hand. They ask why I didn't 3bet. I remind them I could have but I have to balance my calling range. "If I had like Ace Five suited I would have 3bet to like $73 so his MDF is really hard. MDF is Minimum Defense Frequency by the way. I figured it out with PIO which is a Solver. I node lock the scripts and run the trees and it gives me a balanced GTO aggregate."
The table gets quiet now. No one is talking anymore. I try to think of a way to liven up the table. I see the Player across from me order a sandwich and I yell "LOOSEY GOOSEY. LOOSEY GOOSEY.". Everyone looks at me weird.
Fucking normies.
Another hour later I'm UTG with AKs and I open to $15. Asian pro calls in CO. MAWG calls in BB. Flop Q98. Check, I CBet $30 to apply pressure. I have a range advantage and this is a great board for me if I have Aces or Queens. Asian pro and MAWG calls.
Turn Q. Check, I barrel again for $100. I can have AQ and QQ.
Call, Call.
River 5. Check. I'm sweating and I feel like I want to throw up. But I have to continue the story. I rip it in. All In $455.
Asian pro snap folds. EZ. MAWG tanks... and tanks... I can't stop shaking my feet and my mouth is dry. MAWG flips over his cards. KQs. "Is this good?" I give him absolutely nothing. My phone vibrates and I nearly shit myself.
"Fuck it, I call."
I don't show my cards and pretend I didn't hear him.
"I said I call."
I stare at my hands.
The Dealer waves to me "He said call."
I freeze up. I'm in shock.
Asian pro asks for floor, and I sheepishly reveal my cards. AdKd.
MAWG gets out of his seat mad as fuck "Fuck you man. You fucking piece of shit. You slow rolling fuck." I don't know what's going on. Dealer moves my card to the middle and announces "Nut Flush." and mucks MAWG's cards.
BOARD: Qs9h8d Qd 5d
Floor gets security and they remove MAWG from the Casino before I decide to give this fat ass a public beat down.
It takes me 30 minutes to stack my chips. My hands are shaking from the adrenaline. I have $1310 in front of me. I want to leave but I don't want it to look like a hit and run.
I check my phone and see my Mom's text.
I'm going to bed. Good night Sweetie.
Perfect.
"Sorry guys, my girl texted me and she wants me home," I tell the table. No one says anything.
I rack up and cash out. I wake up my Mom and tell her to pick me up.
On the way home I tell my Mom about how I beat a table full of pro players and the sick hand against the Asian pro and MAWG. I open my wallet and show her all the Hundreds. She asks what her debit card is doing there and I lie and say she gave it to me. Old age is getting to her.
All in all, a great session. I got in the streets and mixed it up and came out a Champion. Round 2 is coming soon, and this time I'm coming for the $2/5 shit regs.
submitted by small_root to poker [link] [comments]

Best bet on a lockdown situation – Bet the house on TSG Calls

The stars group (TSG) is an online casino gaming company (pokerstars & other live games). Most will say, no one has any income to be gambling– remember that gamblers are degenerates that will take out a LoC against their house for a spin on the big wheel. If anything, gamblers out of desperation will see this as a necessary means to make money. Many governments have committed to providing their residents with funds for the time they are unemployed that will go straight to the house . The key drivers for this investment are:
- Mainly online presence, business will not be interrupted by city lockdowns
- No sports to bet on, people will turn to poker or the online casino games
- Boredom, we can only watching our wife get banged by her boyfriend for so long before we turn to a new pass times
No one gives a fuck about fundamentals but if they did, they shouldn’t have a problem meeting their short term obligations with the assets on hand
If its any consolation, here is a google search trends chart confirming the search interest lately
https://imgur.com/8r8g5ec
I am looking into LEAP’s as I’m a cuck
Volume and spreads look quite illiquid, entry might be tough
TSG 25C/Jan2021
submitted by bino2008 to wallstreetbets [link] [comments]

Math, Physics, And Roulette. My ridiculous runs and why I’m committed to recognizing and suppressing my addiction.

It felt appropriate that my first post ever in Reddit would be something gambling related. I started playing poker when I was 15. Was on PokerStars the moment I turned 18, before the government came and shut everything down. On my 21st birthday, my family took me to Las Vegas to celebrate and I was at the tables the moment the clock struck midnight on my birthday. My game of choice was roulette when I tried to applied math and physics to it with decent success. To this day, I’m still paying the price for the stupid shit I did to finance it.
Before approaching a roulette table, I spent a TON of time calculating expected value and figuring out how I could maximize the amount of money I could make. I put together my own patterns and schemes that took into consideration physics and following the pattern the ball would take as it traveled the wheel. I would play with small denominations at my local casino to validate if my hypotheses were correct. Very early on, I was finding success and would win a couple hundred bucks here and there. That’s when I started thinking that I had a chance to make a bunch of money and wanted to take my methods to Las Vegas.
One of the first nights staying in the cosmopolitan, I put down a couple hundred bucks and started watching the wheel... I wanted to get a sense of the pattern the wheel was showing me. I had a couple drinks, and I was catching on to a pattern, and found myself up about $1k and feeling great. Then I started getting greedy... drinking a little more... and lost track of time and myself. I wasn’t betting big on a couple numbers... I was betting a calculated amount within a particular pattern that maximizes my expected value. Before I knew it, I was up about $10k and not knowing how the fuck I got back to my room without being mugged. The next night, I applied my methods at a couple wheels at Planet Hollywood and ended up another $5k up. I felt unstoppable, like I figured out how to make money.
My greed got the best of me. I thought I could drink, apply some math and science, and win whenever I wanted. To this day, I honestly can’t recall whether I’m up or down from gambling activities. I’ve had runs of losing thousands, and I’ve had runs of winning thousands. I’ve won a stack at New York New York and a local casino since that first big hit. I’d wake up some mornings with thousands of dollars charged to my credit card in cash advances. I’ve even gambled always thousands, all night long in a Las Vegas casino while my girlfriend slept alone in a comped wraparound suite at the cosmopolitan. The shit I got into was out of control, and I needed to figure my shit out and get my priorities straight before I got into the hole and fucked up my life financially.
I feel really vulnerable posting this... but I want to be a support for anyone that feels like they have a problem and need help. I haven’t gambled in over six months, and feel like I have better control of my impulses and my life. I’ve even taken up new hobbies to ensure I don’t fall back into my addiction. Always know that I’m here to support when anyone else is feeling down.
submitted by blorentz38 to problemgambling [link] [comments]

Classification of Internet Addiction

While there’s no denying that many people are addicted to the internet, there’s an ongoing debate about how it should be classified. Some believe internet addiction is very much a mental disorder and should be treated as such. Other believe those who spend too much time online do so because of a separate, pre-existing condition. In other words, internet addiction may be a sign of another problem, not an actual problem itself.
Someone who spends ages shopping online, for example, may actually be addicted to shopping and not necessarily spending time online. Extensive research is being carried out to determine whether addiction to the internet is a disorder of its own or a symptom of another condition - or even if it’s somewhere in between. - pokerstars canada
submitted by erica_walter to u/erica_walter [link] [comments]

moving to Dubai as a professional poker player

Hello there, quite glad i find this sub and even though you probably cannot give me all the information i need to know i might get at least some. I'm 29 years old with a bachlor degree in business information systems. However 5 years ago i was stupid (or clever) enough to quit my job and germany and search for something new. After not finding anything appropriate i ended up playing online poker during my time of unemployment until i realized that with that profession i'm able to make 5-10times the money i made in my fairly well paid job in a big chemical company before and decided to go for it. Still a lifechanging decision which i haven't regret a single day so far and online poker is my only source of income for over 5 years by now. Because of tax issues which might have occured while staying in Germany i pretty much directly packed my stuff and moved to Malta where you don't have to pay taxes on income from (Online-)Poker. During the last years i spent appr. 75% of my time in Malta, but was travelling alot in winter and lived in London for 6 month as well which wasn't for me though. During my travels beginning of the year i visited Dubai for a week and realized pretty quickly that this might be the right place to go next for longterm. So far so good, now to the tricky part: 1. I know even though Dubai seems fairly western it still is an arabic country and gambling is forbidden, so there are no casinos and such. However i exclusively play online and the servers of my provider (pokerstars) are located at the isle of man. Does anybody know how the government stands towards playing online from Dubai?! Does this even get controlled? If it is forbidden and they would catch me for any reason (which is still unlikely if playing with a VPN) what would happen? Would they just ban me from the country or worse put me straight away into jail? I saw some other players against whom i played who were registered in UAE so it cannot be completely forbidden in my opinion bc otherwise i would expect pokerstars to not allow them to play at all... but what do i know? 2. Because i'm playing poker i obvsiouly don't have any sort of employer. Pokerstars is my provider but i don't work for them so the next very big and maybe even bigger issue than legality is the visa. - is there any way for me to get/buy a longterm visa. I would be willing to spent decent amount of money for such a thing but have no clue if that is even a possibilty. - what about if i go for a visa run like each month? If i would move to dubai i very likely would spent 7-9months in dubai and the rest abroad but i would assume it might get tricky once they see 15 stamps in my passport and then start asking questions - or are there other people who do so as well? Can i even rent a flat for longterm without a longterm visa? - fake employment: would it be an option to pay of a company to fake-employ me in order to get a visa? but i would assume that is probably the worst and most illegal option and i definitely rather play this one safe 3. I'm 29 and single, i still like going to nightclubs alot and i rarely cook, order alot from deliveries and get takeaway from restaurant, i also wouldn't mind a beach closeby even though that's not mandatory. What would be the best place for me to live in Dubai? Moneywise it would be no problem to spend up to 3k$ for a 1-2br. When i was staying there i was living close to Dubai mall and i liked it but i still assume there might be places better suited for me?! 4. Currently i have a car in Malta. Would it be a big hassle to get that one shipped and registered into Dubai or should i rather buy a new one when i'm down there? Thanks alot in advance, point 1+2 are the important ones, 3+4 would be nice to know but thats all. cheers and best rgds from Malta! :)
submitted by headCappin to poker [link] [comments]

r/Ethereum - I wrote this to explain Ethereum in depth to newbies. Please check for accuracy!

Hello ethereum - I'm currently in Singapore exploring all of the cool blockchain tech that's going on here. I'm also writing a blog that aims to explain blockchain technology simply to anyone whose interested. www.cryptoambit.com
If you guys could spot check my Ethereum post for accuracy, I'd appreciate it. If you like it, would also appreciate some subscribers! Thanks
By now, most people know Ethereum as the second most valuable cryptocurrency, currently valued at over $60 billion dollars. Well, it turns out that Ethereum isn't actually a cryptocurrency - it's a software platform that let's programmers build applications on top of blockchain technology. Within the ethereum platform, is a cryptocurrency called ether that is used to power applications built on the Ethereum blockchain.
From Bitcoin to Ethereum
Bitcoin uses a global network of computers that maintain a shared ledger called a blockchain that keeps track of who owns bitcoin. Once blockchain technology was introduced to the world, people realized that blockchains could be used to keep track of anything of value. In 2013, a 19 year old named Vitalik Buterin introduced the Ethereum white paper, which proposed an open source platform that would let programmers build blockchain applications that could facilitate the exchange of money, content, property, shares or anything of value. Much like with Satoshi Nakamoto's paper, Buterin's was met with widespread excitement from software developers around the world who began building toward the vision Buterin laid out.
Much like Bitcoin, Ethereum isn't owned or controlled by any one person. Unlike Bitcoin, whose creator remains anonymous, Ethereum has a leader in Vitalik Buterin (pictured below). While Buterin doesn't control Ethereum in the way that a CEO does, his word carries tremendous weight in dictating the direction of the project - something that is considered a strength or a weakness, depending on who you ask.
Smart Contracts
The basic function that programs built on Ethereum perform are called smart contracts. Smart contracts are digital agreements that execute automatically based on real world data. An easy way to think of them is an "If-then statement." IF condition A exists, THEN perform function B.
Let's say for example Grandma wants to make sure she never forgets to give Little Billy birthday money each year. She could write a smart contract that says IF it's Little Billy's birthday, THEN pay him $10 from Grandma's account. Once this contract is broadcast to the Ethereum network, it will execute automatically each year on Little Billy's birthday.
Smart contracts have applications far beyond improving the reliability and efficiency of Grandmothers around the world. Another simple application of a smart contract is for rental payments: IF date = 1st of the month, THEN pay landlord rent amount. Processes that currently involve manual interactions between two parties can now be automated and the value can be moved in real time over the blockchain rather than settling days later as with traditional banking.
A Real World Example
Ethereum and smart contracts are a big deal because they have the ability to usher in what's been dubbed the "smart economy" - one in which slow manual processes prone to human error and deceit are replaced with automated processes that are completely transparent and trustworthy. A real world example that typifies the new "smart economy" is a project being run by a French insurance company called AXA.
AXA offers a flight insurance product that pays out a policy holder in the event that a flight is delayed by two hours or more. It currently has a product in trial that will pay out insurance claims using smart contracts and the Ethereum blockchain. The smart contract is simple: IF flight is over two hours late, THEN pay policyholder. The smart contract is connected to a database that monitors flight times. If the database shows that the flight is over two hours late, the smart contract is triggered and the policyholder is paid automatically over the blockchain.
Without the smart contract, the policyholder would have to file a claim and wait for the insurance company's claims department to process it, which could take anywhere from 1 to 2 weeks. With the smart contract, neither the insurance company nor the policyholder has to do anything. This also creates trust between the two parties because there are no grey areas - the customer can review the smart contract prior to purchasing the policy and feel comfortable that he will receive his claim in the event of a delay.
Ethereum vs Ether
As stated in the intro, Ethereum is a platform for building blockchain applications using smart contracts. What you may have just purchased on Coinbase is called Ether, which is the cryptocurrency that fuels the Ethereum network.
Ether functions more like a digital commodity than a digital currency. Just like you need gasoline to fuel your car, you need Ether to run applications on the Ethereum blockchain. In the Grandmother example cited above, Grandma would have to purchase small amounts of Ether to fuel her smart contract that pays Little Billy his birthday money.
The Ethereum blockchain functions in the same way as the Bitcoin blockchain: a network of computers run software that validates transactions through majority consensus. The people running these computers are called miners. Bitcoin miners are compensated for their resources by being paid in Bitcoin. Ethereum miners are compensated in Ether. On Little Billy's birthday, Grandma's ether transaction fee will go to whichever miner adds the block containing Grandma's transaction to the blockchain. That miner will also receive new Ether in the process.
The same supply/demand economics that apply to commodities like oil and gas also apply to Ether. Oil is valuable because it powers many of the things we use in our everyday life - it heats our homes and fuels our engines. The more people and enterprises that rely on Ethereum based applications, the higher the demand will be for Ether which will increase its value. As with all cryptocurrencies, there's plenty of speculation baked into the price - speculation that the demand for Ether will increase in the future. Since Ether is valuable, exchangeable and transferable, certain merchants are also starting to accept it as a currency.
dApps - Decentralized Apps
Applications that run smart contracts on the Ethereum blockchain are called "dApps," or decentralized apps. Just as any app developer can build apps on top of Apple's IOS operating system, developers can build on top of Ethereum's blockchain infrastructure. To the end user of a dApp, it might not look and feel any different than the apps you use today. It's the underlying blockchain infrastructure that make them different.
Since dApps function on top of the blockchain, they can be used to transfer value peer-to-peer. To return to our Grandmother example, there could be a dApp that Granny can download that lets her schedule Little Billy's birthday payments without having to code the smart contract herself. dApps are also completely open sourced so other people can access the code and build on top of them. Someone could take the code to the birthday payment dApp and add the ability for Grandma to add a note that says, "Happy Birthday Billy!" Running dApps on the blockchain also offers added security benefits. Since the transactions are distributed and encrypted across the Ethereum blockchain, there is no central place for a hacker to breach and gain access to all of the world's Grandmother to grandson birthday payment data.
At this point, I'm really beating the GrandmotheLittle Billy example to death because I think it represents a simple illustration for the kinds of applications that can be built on the Ethereum blockchain. In reality, the dApps that are being built are much more complex. Here are a few examples:
Ethereum Tokens
So now that you understand that Ethereum is a network for building decentralized applications that require a cryptocurrency called Ether to run, I'm going to introduce a confusing concept. Many dApps built on Ethereum have their own cryptocurrencies or "tokens." In order to interact with the dApps, customers need to purchase the dApp's native token.
Here's a helpful analogy I came across - when you go to a waterpark, you pay the admission fee and in return, you get a wristband. That wristband gives you the ability to ride the waterslides in the water park. With certain dApps, the token is the wristband, and a user must purchase it to interact with whatever the dApp offers.
Let's take a dApp called Golem as an example. Golem lets people rent out their excess computing power to people who need it - kind of like a computer AirBnb. To cite this article from Laura Shin, if I'm a computer graphics artist that wants to render some kind of computationally intense animation, I can purchase Golem tokens that let me tap into the Golem network to generate my animation. I then pay the people who are renting me their computers with the Golem tokens. The Golem token is a form of smart contract and this transaction is recorded on the Ethereum blockchain.
Since Golem tokens are also a cryptocurrency, they can be traded on the free market. If I'm a speculator who has no intention of using the Golem network to rent computing power, I can still buy the Golem token on an exchange in hopes that it appreciates in value. Like bitcoin, there is a fixed supply of Golem tokens so if the demand for the service increases, so will the value of the token. If I bought Golem at its original price of around 1 penny and held it to today, I would have made 35X my initial investment since Golem tokens currently trade around 35 cents a piece.
ICOs
ICO stands for, "Initial Coin Offering" which is a fundraising mechanism for cryptocurrencies which has exploded in popularity this year - the majority of them are held on the Ethereum network. Similar to a kickstarter campaign, they allow entrepreneurs to raise money for projects by giving investors an early opportunity to purchase the cryptocurrency before the final product has been built. If the project is successful, the value of the cryptocurrency will rise in value and early investors can sell it on the open market for a profit.
ICOs have stirred up a lot of controversy because they represent a risky proposition with zero investor protection. Let's say I wanted to build a casino and to finance it, I gave investors the opportunity to buy chips that can be used at my roulette tables once the casino opened. If you bought $100K in roulette chips from me and I decide that I no longer want to build the casino, you're stuck holding worthless chips. If investors don't do their due diligence, they may end up buying tokens for a project whose creators never intended on building it in he first place - the creators walk away with the money and the investors have no way of recouping their funds.
On the other hand, early investors in projects that go on to be successful have the opportunity to make enormous returns. For example, people who invested $1,000 in the Golem ICO would be sitting on $35,000 at it's current price of $0.35 - if it ever goes to $10, they're all millionaires. Another positive aspect of ICOs is that they let anyone, rich or poor get involved in early stage investing. To invest in a company like Twitter or Facebook pre-IPO (initial public offering), you need to be an accredited investor - this basically means you're already a rich person. With ICOs, all you need is an internet connection and a little bit of money and you have the potential to become wealthy by investing in the right projects.
Far From Perfect
Ethereum has the potential to change the way humans transact with one another but it is still a very young technology and it hasn't been without its problems. While the blockchain architecture underlying the Ethereum network is secure, not all of the applications built on top of it are. Faulty code can and has made applications vulnerable to hacking and malfunctions. Here are two prime examples:
DAO Hack - DAO was a dApp built on Ethereum that enabled crowd based venture capital. DAO token holders were given the right to vote on projects they wanted to support - if projects went on to be successful, DAO token holders would receive financial rewards. The DAO ICO received $168 million in funding. The DAO software was hosted on the Ethereum blockchain and was publically visible by all. A hacker spotted a flaw in the DAO's code that enabled him to route $55M in ether held by the DAO into an account that he controlled. The Ethereum team had do do something called a hard fork (something I won't get into now) to reverse return the stolen funds. Parity Wallet Freeze - Parity is a wallet where people store Ether. A flaw in Parity's code let a user delete a specific line of code that was necessary for accessing funds in a Parity wallet. This led to $280 million dollars worth of ether being frozen - it hasn't been stolen but it can't be accessed either. Parity Technologies has proposed another hard fork to correct the issue - something that is sure to divide the Ethereum community and rattle user confidence.
Despite the world changing implications that Ethereum dApps and smart contracts have, the trouble is that any programmer can write them - if they aren't written properly, they can behave in unintended ways and be exploited like in the above listed examples. Ethereum is still a very young network and security issues with dApps and smart contracts will have to be sorted out if its to reach its true aspirations.
Leading The Decentralized Revolution
“Ethereum aims to take the promise of decentralization, openness and security that is at the core of blockchain technology and brings it to almost anything that can be computed.” - Vitalik Buterin
With dApps, smart contracts and blockchain technology, Ethereum is leading the decentralized revolution. Bitcoin is the world's first decentralized currency, that operates on a global network of computers outside of central intermediaries. Ethereum gives programmers a platform to develop a decentralized version of just about anything.
Decentralized networks like Ethereum have the power to remove the intermediaries that currently exist between producer and consumer. Let's take a company like Uber. Uber is a platform that brings people who need rides together with people who have cars. To facilitate this interaction, Uber collects 20% of every ride. With Ethereum and blockchain technology, there is nothing to prevent a bunch of software developers from writing a dApp that creates a decentralized Uber. Instead of 20% per ride, transaction fees are paid to the network and the driver takes home the lions share of the transaction. Tokens can be issued that represent ownership in the network. Coders who work on improving the network can get paid for their efforts in ownership tokens. Non-technical people can come up with marketing campaigns that spread awareness for the network and also get compensated in ownership tokens. As the decentralized Uber network grows and improves, the value of its ownership token increases, rewarding the people that built it. The result is whats referred to as a "Decentralized Autonomous Organization" and theres a strong possibility that DAOs replace a lot of the world's biggest corporations.
This may sound like a radical concept but blockchain technology enables these kinds of decentralized organizations to exist - Ethereum provides the tools for people to go out and build them.
submitted by CryptigoVespucci to ethereum [link] [comments]

Is PokerStars a Scam? After winning $6000 - account blocked for no reason and no feedback from Support

On January 19 I created an account on PokerStars.com and deposited $800.
After 1 day of playing poker and online casino I won about $6000, shortly after this, my account was blocked.
I get the following message:
"Your account has been temporarily restricted pending a routine security investigation. We apologize for this delay.
These checks are usually completed within minutes, after which time your account will either be re-opened with full functionality, or you will receive an email explaining required next steps."
Note that they say it usually takes minutes.... well I'm already waiting since 2 weeks and I get no feedback! I already contacted the support several time and got no justification why my account is blocked, nothing.
What the hell is going on with PokerStars? I was thinking they were a serious company, but looks like they don't really care about their customers.
Anyone had the same problem before?
*UPDATE*:
After making this reddit post I emailed the support with the post link.
One day after (today, 6 Feb), I received confirmation from them that my account was reopened and everything is in order.
In addition to that they credited my account with more $2000 from a previous bet that I had won but they had rejected due to some technical problems.
So finally I want to say props for the PokerStars team for this, but still its a shame that I had to come to this point, just a simple clarification would have been enough, Jesus Christ.
Next step is to withdraw the money... I hope no more show stoppers. I'll update here if any other issues.
Thank you all who supported
submitted by Vampirepro to poker [link] [comments]

Book of Adventure

Having a problem with Pokerstars casino game Book of Adventure both on Win10 and android phone. The game is stuck when loading with text "System problem has been detected, please try again later". Problem is for more than a month and Pokerstars support does not fix it. Uninstalling/Installing/Clearing data does not help. Anyone has the same problem? How to fix it? All other casino games load normally.
submitted by EmotionalPower5 to pokerstarsnj [link] [comments]

Can’t get PokerstarsVR to load? Try a vpn!

So for two weeks+ I couldn’t get on pokerstarsvr. It drove me nuts! Always a black screen and before that it was a black screen followed by it being unresponsive.
After harassing the discussion board a dev finally told me that PVR isn’t available in Washington State, USA.
Turned on my vpn to a new york ip address and I haven’t had anymore problems.
So if you gave up but have a vpn. Give it ONE LAST TRY!
Edit: I AM NOT A LAWYER AND THIS IS NOT LEGAL ADVICE This might only be tied to my state so might as well just say WASHINGTON STATE. To any doubting or confused as to what is causing this. ""The Washington state law defined gambling as “the staking or risking something of value upon the outcome of a contest of chance or a future contingent event not under the person’s control or influence, upon an agreement or understanding that the person or someone else will receive something of value in the event of a certain outcome.”
Based on this definition, Big Fish Casino constituted illegal online gambling, according to the appeals court.
Despite the ruling, the Washington State Gambling Commission was quick to point out that they did not order social gaming sites to stop their free online play offerings in the state. In a tweet, the gambling commission said, “We are not a party to the civil court case, we did not testify in the case, and we did not order these sites to discontinue free online play for Washington residents.”
In a statement to USPoker, PokerStars’ parent company The Stars Group said it is “reviewing the rulings and ensuring that our activities are in line with state regulations.”
“We are hopeful the law will be clarified and that when it is, we will be able to reinstate all Washington players at their current status,” according to The Stars Group."" https://calvinayre.com/2018/04/06/business/pokerstars-stops-offering-free-online-poker-washington-state/ Seems to explain what is happening. Due to a court ruling in a case with big fish games or whatever. Pokerstars is keeping themselves safe until they can get a 100% guarantee that they are legal. Even though the gambling commission did not come after them, and they stated they have no intention. Pokerstars realises it COULD get in trouble BECAUSE the other company got in trouble in a different form of court. So it creates a "gray area" that they simply don't want to risk.
With the statement
"In a tweet, the gambling commission said, “We are not a party to the civil court case, we did not testify in the case, and we did not order these sites to discontinue free online play for Washington residents.”"
I interpret that as legal, so long as you do not purchase any tokens. Which I never have and think is fucking retarded. No loss due to never having the intention. I use the free tokens and what I win. So I don't see it as circumventing the law when it comes to gambling and all that legal jazz and jargon.
I realized this(the above info) might be good to look into to make sure I wasn't encouraging anything "bad". So I gathered this info for you to determine your own opinion and decision in the matter. This is not all the information and I encourage you to do your own fact checking due to this being made in 2018 and that I AM NOT A LAWYER AND THIS IS NOT LEGAL ADVICE nor encourage anyone to participate in illegal behavior. I am simply informing you of a way to enjoy pokerstars. If your IP address is washington state based. You will need to change it if you want to access pokerstars. If you are temporarily in Washington, this is why you can't get on. I AM NOT A LAWYER AND THIS IS NOT LEGAL ADVICE
submitted by RisenFallacy to Vive [link] [comments]

Funfair Overview and Update. There is Hope!

Funfair: Blockchain Solutions for Gaming.
For those of you unfamiliar with Funfair. Here's a brief overview:
Funfair was Founded in 2017, and is an Ethereum-based platform for online casino gaming.
Founded in 2017, FunFair is an Ethereum-based platform for online casino gaming. The online gambling market is predicted to be worth $60 Billion by 2020. Funfair isn’t actually a casino, instead, they licence out the underlying gaming technology to casinos and other gambling platforms.
One of the brilliant things about Funfair is that they market their software to casinos that mainstream audiences already use.
Now, the major challenge faced by casino operators today, especially online casino operators, is the question of trust in their offerings. To put it simply, users are reluctant to trust these services. Players feel insecure about the true odds of the games they’re playing, even if those odds are made available by the casino site.
The reason being, current server based gaming infrastructure is vulnerable to tampering and fraud. And players have no way to verify that everything is fair in the games they’re playing.
Now, Funfair have been able to solve the problem of trust, in online gambling. By building technology that cannot cheat anyone. Funfair runs on Blockchain, and Ethereum smart contracts it offers players a transparent, fair and publicly audit-able gaming experience. Player protection and provable fairness are guaranteed.
Transparent RNG ensures that the games are provably fair. Game logic is verifiable and run by Blockchain smart contracts.
Unlike other Blockchain casinos, Funfair games play as fast as any traditional online casino.
No bank account is required, so deposits and withdrawals are virtually instant. There's no need to trust a casino with your funds because funfair games let you play straight from your Crypto wallet. Winnings for every game are held in escrow by the Blockchain and paid out instantly.
For operators, fewer servers, fewer databases, fewer security & technical staff, as well as fewer internal personnel, means that costs are significantly reduced. And, no fees or charge-backs for the operator.
Funfair powered casinos' run on Blockchain, which is resistant to hardware failure, power outage or attack.
In short, Funfair casinos are faster, easier, and cheaper to create than traditional software.
The Funfair Team: Now, the team. The team is an all star team of 50 plus individuals. The leadership are industry veterans and experts in the gaming field. Arguably, the most accomplished team in Crypto. When you consider their combined gaming industry experience, relevant entrepreneurial and business experience, as well as an extraordinary track record of prior success, in the gaming industry. I would, at least, put the team on the same standing as the team at ripple, but would have to award the Funfair team extra points for their prior track record of success in the gaming industry.
Jez San OBE: Jez San the CEO and Co-founder of funfair, came to the project with an extensive background in gaming and online gambling that stretches back to 1982, as well, he has a more modern appreciation and experience in Cryptocurrency circles.
Jez received his first computer at the age of twelve in 1978. Within a year he'd taught himself assembly language for several microprocessors.
He founded Argonaut Software as a teenager in high school as a way to get software consulting jobs with large companies. He worked on security systems with British Telecom and Acorn. In 1984, at 18 years of age, he started developing his first game, Skyline Attack for the Commodore 64, he also co-wrote a book, Quantum Theory, about the Sinclair QL. And, he became a wizard (admin) at Essex MUD, the world's first multiplayer online role-playing game.
His late-1986 game Starglider for the Atari ST and the Commodore Amiga sold hundreds of thousands of copies (earning him £2 per copy in royalties). The money helped launch Argonaut as a larger company that started hiring other people in 1986.
In 1996, Argonaut received external funding from Apax Partners and was publicly listed on the London Stock Exchange in 2000.
He also helped found ARC International when it was spun out from Argonaut in 1998 and was its largest shareholder on IPO.
Between 1999 and 2002, he founded Codeplay and is currently the majority shareholder.
He received an OBE (Officer of the Most Excellent Order of the British Empire) in 2002, the first explicitly awarded for services to the computer game industry.
He founded Crunchy Frog Ltd, which in 2005 became online poker company PKR. An online poker room that allowed users to play poker in a virtual reality setting.
In 2008, he co-founded mobile application developer and publisher Origin8. Which produces iPhone and BlackBerry software, and has offices in London.
Jeremy Longley: The CTO of Funfair is Jeremy Longley, who was a co-founder of PKR.com. Longley has extensive experience in both 2D and 3D game creation and in the past has led teams to develop innovative HTML5 and Android products, cashier systems, account management features, and third party system integrations.
He also has an MA in Computer Science with 1st Class Honours from Cambridge University. He seems to be a dominant figure behind a lot of the tech at Funfair.
Oliver Hopton: Funfair’s third founder, Oliver Hopton, has over 15 years experience building gaming products. Including 10 years as Software Development Manager at PKR and 18 months as CTO at EveryFan. He, along with Longley, also appears to be a leading figure behind a lot of the tech at Funfair.
Stefan Kovach CCO at Funfair: Stefan was previously Marketing director at PokerStars for nearly 12 years.
James Harrison Director of Corporate: James was Compliance and Licensing Director at Gaming Realms for 3 years, and CEO at AlchemyBet for 5 years, 5 months.
The FUN Token: FUN is the native token that powers every aspect of the Funfair gaming ecosystem. It is the betting chip that pits player against casino, the financial reward paid to developers for their games, and the fuel that enables key processes on the network.
Ownership of individual tokens is anonymous.
A total of just under 11 billion FUN tokens were created on June 22, 2017, and no more will be created. There are 5.3 billion FUN in circulation. With this fixed supply, the token is deflationary and should experience increases in price over time as demand for it increases. Furthermore, Funfair singe all FUN that are collected as fees. Singe is a term that refers to very very long-term cold storage, and with the potential to be destroyed, when the regulatory atmosphere permits. Taking these tokens out of circulation, in this way, should also put upward pressure on price.
Importantly, casinos' must stake enough FUN to cover payouts / winnings. Which basically means that a lot of FUN will be locked up in the networks growing list of casinos'.
Now, we are currently in a major bear market. But, do stop to remember, that this does not reflect on Funfair. What is does reflect on is the current state of the market. Markets are cyclical and I, personally, expect a recovery and corresponding bull market will be forthcoming (Just my opinion).
Partnerships: Funfair have a number of partners.
Spike Games is one. Spike Games is a well-known creator of slot games. Funfair partnered with them in April this year. Spike are assisting in the creation of new Blockchain versions of popular slot games.
Big Wave Gaming is another partner. Big Wave is a Sydney based slot game creator, with a focus on Asian markets. The partnership was created to give Funfair better access to Asian markets.
And of course, RakeTheRake. Rake the Rake is the largest and most reputable Rakeback affiliate in the worldwide poker market today.
CasinoFair: Funfair has launched the first brand to go live on their network: CasinoFair.
CasinoFair, under its tagline ‘Famous for Fairness’, goes beyond traditional limitations and offers players the fairest experience possible using decentralization of the Blockchain as well as Fate Channels, which is Funfair’s proprietary version of generalized state channel technology.
Players use FUN to play, directly funded from their Crypto wallet, a growing range of premium games are available on CasinoFair. Including Funfairs latest titles, Wheel of Fun, Fate of Thrones and FunDice, along with a host of popular casino games such as European Roulette and Blackjack.
CasinoFair will only get bigger and better, as Funfair evolves from offering a service to the Crypto community to disrupting the mass gaming market.
Sales Funnel: Funfair is currently putting a lot of emphasis on optimizing CasinoFair's sales funnel. This will make it significantly easier and faster for players to start playing on Funfair powered Casinos' going forward!
Funfair is also putting a lot of emphasis on players being able to purchase FUN directly at the Casino.
We can expect to see these improvements in the weeks, and months ahead.
Funfair players can look forward to a significantly streamlined entry into FF powered casinos'.
New Games: Funfair also anticipate a steady roll out of new games over the coming weeks and months! Including space slots and pirate slots, two more wheels, an Alice Cooper slot, as well as, a fishy slot, from outside game developers. Along with some other stuff too. There's a lot happening at Funfair. The Fishy slot is apparently insane and something to really watch out for. These games will add to Funfairs ever expanding line-up of games.
RaketheRake Casino: Also, the second Casino on the Funfair network is set to be launched this quarter. It will be operated and marketed by RaketheRake. For those of you unfamiliar with RaketheRake, they are the largest and most reputable Rakeback affiliate in the worldwide poker market. RaketheRake currently work in conjunction with all of the top poker rooms to increase traffic to their casino sites and secure the best Rakeback deals for their players. The Funfair powered casino will be the first casino owned and operated directly by RaketheRake.
Funfairs Competitors: Funfair has a few Crypto-based competitors but is far ahead of the competition. Nevertheless, with the popularity of Blockchain gambling, as well as the sheer size of the market it wouldn’t be surprising to see more competitors enter the space.
Decent Bet, Edgeless, and Dao.Casino are some Blockchain-based casinos. However, by licensing out their tech to casinos, Funfair isn’t in direct competition with these projects. Instead, Funfair faces competition from platform providers in the traditional online gambling space such as Kambi, Gig, and EveryMatrix.
In Summary: I'd have to say I rate Funfair very highly among all the Crypto projects out there. They have excellent leadership, with a proven track record of success, a great team, a lot of industry experience, a great concept, and a working product to back it up, strong Tokenomics, with FUN being needed to fuel every aspect of the Funfair network. Additionally, all fees are singed, as well as, casinos' having to stake enough FUN to cover casino payouts.
If anyone can find a silver-lining in the current environs it's gonna be the best and brightest of crypto folks.
submitted by warped_alibi to FunfairTech [link] [comments]

Ignition Now Open to Australia

As you may know, Australia has passed a law recently that could cause problems for online poker. In fact, 888 has already pulled out of the country. PokerStars has said they will leave, but will stay up until the last possible minute.
 
This sort of gray market avails itself to certain providers. As I predicted, the US providers are stepping up to the plate. Ignition casino just opened up Poker to the Aussie markets.
submitted by ProfRBcom to poker [link] [comments]

[Story / Long Read ] The tale of how I've progressed as a poker player across 2014 and what lessons you can learn from me.

Hi /Poker, I'd like to share how I've progressed as a player across this year, some of my achievements and what I've learnt. My intention in writing is to provide an insight into how I've learnt some key lessons by the means of my experiences. Some may regard this post as a brag, however I do not wish it to come across as so, instead I wish it to inspire some people to take my advice, which I have learnt the hard way. I've included a 'to lazy; didn't read' (TL;DR) at the end of this for those who want to skip the history and see the main points.
To give a bit of background, I first learnt poker when I was 11 years old, playing at home games and sitting beside my dad while he played online till I was ~15. Between 15-17 I played a ton of freerolls on every poker site available. I won ~$600 ish across these two years, my biggest bink being 1st / 9,000 on a PartyPoker $1250 freeroll back in the days for $250ish. I learnt from playing play money and lots of freeroll tournaments as well as through extensive reading at the time. I never played real money till I was 18 in fear of my winnings being invalidated due to my age. At 18 I grinded 2NL, 19 5NL. At 20, I became (and still am) president of the poker society at my university. At the start of my first year I invested in HM2 and played various Multi-table-tournaments of $1-3 buyins and 3-tabled 5nl (static, not zoom). I grew a $0 bankroll on Stars to ~$750 helped by a 2nd place bink (/10K) in the Hot $0.50 for $500 odd from 2011-2013, never depositing, by the end of 2013.
This year, 2014, has been a vast turning point in my poker career. Throughout January I became versed in grinding online, learning to multitable efficiently. I did so by playing heads-up-hyper $3.50s and $7.00s, playing about 1,200 3.50s (~4%ROI) and 600 7s (~3.5%ROI) [I would post results but I don't have them on this computer].
In February I won a freeroll tournament in my local casino (Rainbow, Bristol, UK) for a seat in their £220 Masters tournament (£25K GTD) later that month. During the three weeks I had to prepare for this tournament, I spent hours and hours slaving over MTT strategy, reading books etc. On the first day of the event I was kind of shocked on how bad the players were, at the time this tournament was huge in respect to my lowly bankroll and I believed players that spent £220 to enter this tournament would be far, far better given that £220 for me was a small fortune as I only had £40 a week to live off each week at Uni (I hadn't truly played live in a casino till this point). I managed to survive day 1, win 3 flips on day 2 and get to the final table. On the final table, the players were still awful, all were asking to deal 8-ways or something stupid, I was one of two players that said no. It ended up getting down to 4-way and I held another flip, knocking someone out and becoming the chip leader. Soon after, I looked at the screen displaying the tournament statistics on my left and saw I was guaranteed £4,970, at this point I realised that this was serious... The next three hands, I screwed up, the money and pressure got to me, each hand I played absolutely awfully and by the third, I was bust. At the time, I took the 3rd place money and banked it straight away, not even splashing out on anything. I didn't play poker for the next two months, I was heartbroken that I was unable to take the £9.5k first prize down, mulling over my mistakes and depressed that the three weeks of solid effort I put in was thrown out the window when it really mattered with only 3 people left when the money (and glory) was right there in front of me.
Come the start of May (through to June), I picked up playing on the odd Sunday as a break from revising for exams. I managed to bink a $1+R ($30K GTD) for 4th for $2K, losing when it was 5-way. I lost a 20.8bb stack to a 21bb chipleader (AKs < KQo) when the other three had 3bb, 5bb and 6bb on the final table. This win surprisingly rekindled some of the sadness and pessimism I had for poker at the time as I realised that my results are going to be subject to a huge amount variance and that I can't always blame myself for being unable to always come first or show a profit. I realised that if I wanted to succeed, I needed to put in more volume, effort and give great diligence to overcome variance in the longterm.
Throughout July, I started looking at 2+2, /poker and looking at training videos to learn to improve. I took someone's advice to start grinding satellites into bigger tournaments on PokerStars since they appeared to have a great ROI if played correctly. At the start I had great success, binking the odd $215 ticket for a Sunday Major (Million, Supersonic etc.). However, I started running terribly. I knew enough about push/fold ranges at the time to expect to obtain a healthy ROI on these satellites/satty MTTs. However the run bad didn't stop. Day-by-day I would lose. I was running horrendously below EV (I was just under breakeven, source: HM2 on old computer). I started to play tournaments outside my bankroll to compensate these losses and of course this backfired, leaving my bankroll I grinded from absolutely nothing – to short of $2.25k – to ruin. (See my Sharkscope: from the 2k hand mark to the 4,430 one ; http://www.sharkscope.com/#Player-Statistics//networks/PokerStars/players/Fitzyferret )
At the start of August I realised that I needed to take some space from online and review the fundamentals: bank roll management (BRM), tilt and coping under pressure. I was jobless and had the summer to kill before I went back to University so I decided to take £2K I had from my February bink and attempt to make a living playing at my local casino playing £1 / 1. Things started going well, and better, to excellent. I devoted each day in my holiday playing and learning. I took notes of hands, posted a few online and asked others to evaluate my play. I even started making a journal of the live regulars I used to play against. This comprehensive: playing, evaluating, learning, and incorporating back into play seemed to work! I learnt BRM in many ways, through learning basic budgeting, tracking my results, enforcing stop-losses during play etc. I coped with tilt/pressure by initially just writing out my distress, looking back on it the next day, seeing what the common trends were. For example I found that it was 'card dead-ness' was a particular problem for me during live play, I managed to overcome this through adopted a 'coping strategy'. This was where I imagined I was in the shoes of a particular individual in a hand, thought about their range, other villains' ranges, their tells and the dynamic between opponents. This not only helped me overcome my boredom but improved my own exploitative play against them in future hands and hand reading. At the end of this 5 days a week for 11 weeks schedule, I made £6,680 profit between Aug-Sep. I learnt a ton about live play and essentially started to crush it [ http://tinypic.com/zoge9c/8 ] [ http://tinypic.com/200y6uu/8 ]
/chipporn : [ http://tinypic.com/iw0uft/8 ] [ http://tinypic.com/346kvuh/8 ]
September to November, I've been only dabbling and putting in only small sessions (~8 hours/week average) since I am back at University. I've converted to playing full-ring (9-handed) cash to fit my experience I had during my time at the casino. I 4-table zoom with occasionally 2-6 static tables on the side as well. I deposited for the first time, $250 on Stars, started with 5nl again, then 10nl, then 25nl. I've recently been taking shots at 50nl, but will try and get some more hands in first before I feel confident in doing so. Here's my cash graph as it stands: [ http://tinypic.com/2a0hnid/8 ]. I attribute my fairly rapid acceleration in these stakes to my thorough reviewing process (and running good). Once a week, I look at all my hands in the past week where I have lost the greatest amount of bigblinds (top 5%), and make the judgement “was the reason I lost a completely unavoidable cooler?”.
I make great emphasis on whether it was completely unavoidable as I find that you can get away from so called 'coolers' fairly easily if you have enough experience of certain spots. I collect these improvements, make trends of what I have observed and eventually overcome these problems by overcoming them through observation.
At the start of November to now, I have grown fonder of single-table tournaments and am playing these more so than cash now. I haven't got the greatest of sample on them so far, but it's looking pretty promising [ http://tinypic.com/2rwm690/8 ]. As well, on Sundays I now grind the satellites into the larger tournaments as the field is often exceptionally soft. (Hand 4,431 onwards on sharkscope).
So looking towards 2015, I have great expectations for my poker 'career'. I might not have much time between now and until I hand in my dissertation to play much, though I still plan to play a few hours a week at least online and a few large live MTTs (£100-250) in the mean time. I hope to reach 50nl by July at least. I will also commit to being a more active member in poker communities. In this upcoming summer I also hope to play live cash again for 2 months as a 'job' to boost my bankroll again, getting a part-time job as well to have definite income on the side. After this time, I will make a decision to pursue poker further or not, dependent on whether I perceive that I can make enough to rely on it as an income. I'm hesitant to say I have plans on going “pro”, but rather I would say I would like to see myself at least becoming “semi-professional”.
Earnings from 1st January to 5th December 2014:
TL;DR - Lessons I've learnt that you should to in order to become a better player.
I'd like so say thanks to cwlrs for recommending /poker, suggesting I should write this and being someone I can attribute some of my success to.
Thanks for reading, especially if you managed all of it,
Fitzyferret
submitted by PokerFitz to poker [link] [comments]

Funfair - double the gambling of regular cryptocurrency investing

Hello crypto gamblers of Reddit.
Don't lie, we’re all gamblers, whether we’re gambling on short term sentiment, or long term technicals.
End of the day, even if you buy a project’s tokens because you believe in it, if you buy it on an exchange like most of us do you aren’t supporting the devs, you are buying it because you're gambling it will be worth more in the future.
You want money. Most people do and that's a pretty reasonable thing. So I think we can all understand and agree that gambling is a pretty massive entity, one that has been venturing into the online world for a bit of time now. This new world of online gambling is a market that is ripe for innovation in trustlessness, security, and fairness. So I’m going to pitch you the token that has one of the best teams, plan and path to adoption by the market it is targeting.
Here’s where Funfair comes in.
Funfair provides a platform that companies and individuals and DAO’s can all license, that utilizes the Fun Token underneath to carry out all gambling transactions. This allows for provably fair and fast games that require no trust in whatever online casino you’re using. You can see their fantastic suite of games that any casino that licenses from them will be able to use.
Casinos will adopt because
Customers will want because
You should buy Funfair because
The token will go up due to
You will eventually be able to (potentially)
Supporting reasons for Funfair to succeed
The Team
The Company
The Market
In closing
A lot of cryptocurrencies try to invent a market for the problem they are solving. That’s why a lot of startups have failed, and why a lot of cryptocurrencies will falter in the future.
Funfair will succeed because it is the answer to a problem with a massive market to conquer.
I'm calling $5 in April once they start onboarding casinos.
Good luck and hope to see you guys aboard the Fun train before we leave the station.
submitted by djdavidi to ethtrader [link] [comments]

Stars Rewards AMA Today, July 7th. 12PM EDT, 5PM BST, 6PM CEST. Happening On Discord, link In Comments.

Click HERE to submit your questions in the #ama_questions channel. All non-questions will be deleted in order to keep the channel clean for the AMA, along with anything abusive, so please keep it polite but feel free to ask anything you want, as long as it's Stars Rewards related.
I'll update this post with the full AMA once it has concluded.
For anyone who misses the AMA, still feel free to submit your questions as the Stars Rewards team will hang out in Discord and keep answering questions throughout the next week.
Edit: Clarification
Full AMA:
July 7, 2017 Pete Simm | Ice3lade - Yesterday at 5:02 PM Hello @everyone and welcome to today's AMA! We've received a lot of questions and feedback regarding the new Stars Rewards program and we wanted to take the time to address as many of them as possible. So, on that note, it is my pleasure to introduce @Dylan | Ravageur . Dylan is the Head of Customer Loyalty at PokerStars and has overseen the transition and launch of the new Stars Rewards program. He has been with PokerStars for over 6 years and is here to answer your questions today :smiley:
Dylan | Ravageur - Yesterday at 5:04 PM Hi Pete, thanks for having me on here. Looking forward to diving in to the questions and will do my best to provide some answers.
Pete Simm | Ice3lade - Yesterday at 5:06 PM Welcome welcome :smiley: I know you've been crazy busy putting this whole thing together, so let's jump straight in with some of the harder ones so that we can address them while our brains are still fresh... "PokerStars hate winning players and is doing everything to destroy online poker and turn it into casino? Do you really think your customers don’t understand what you’re doing? Shame on you"
Dylan | Ravageur - Yesterday at 5:11 PM Oof, jumping right into the deep end I see. Well here we go...
We designed Stars Rewards to offer better rewards to net-depositing players than winning players as these players ultimately drive the poker economy. We want to encourage players to win at the table using their skill rather than playing primarily to maximise returns. One of the main differences between this program and the VIP Club system is that it ensures that volume is not a decisive factor like it was in the past to receive meaningful rewards.
It's not that we don't love winning poker players - we do. However, there's a difference between appreciating and celebrating winning poker players versus giving them additional rakeback on their winnings. A lot has changed over the course of eleven years since the VIP Club was first designed, and the online poker landscape is a different place now that needs a new program that better serves our diverse customer base. Since we implemented the changes in 2016 to reduce rewards for the highest-volume players, more hands are seeing the flop which indicates a more appealing table-dynamic and deposits are lasting longer for new and casual players. We no longer believe that the previous approach which allocated the majority of the rewards to winning high-volume players is the right direction for us.
I appreciate that this is not what many of you want to hear, and the significance of these changes is not lost on us. Our goal is to grow poker as a whole and a new and better designed rewards program is an important step towards achieving this.
Pete Simm | Ice3lade - Yesterday at 5:13 PM So, in simple terms, the goal is to keep net-depositing players playing the game, adding more money to the economy?
Dylan | Ravageur - Yesterday at 5:14 PM Put very simply, yes. The goal is to engage and retain new and casual depositing players, who are ultimately the backbone of the poker economy.
Pete Simm | Ice3lade - Yesterday at 5:16 PM Ok, thanks for the clarity there :smiley: We'll move swiftly on to another tough one... "Will PokerStars pocket the rakeback decrease or will it just be more distributed to losing players?"
Dylan | Ravageur - Yesterday at 5:20 PM I am already sensing a trend....
The overall percentage will decrease for poker. Casino and sportsbook will of course see an increase as they're giving more rewards where they previously hadn't. Loyalty remains our most significant spend as a company and we will continue to invest in the development and engagement of our players. We invest in poker far more than anybody else and we play to continue to invest in our innovations and our marketing. We announced this week that we are picking up the tab for 60,000 PKR customers left in the cold without their bankrolls, we've hired Usain Bolt and Kevin Hart to reach out beyond the current poker base to bring new people to the game, and with the launch of PokerStars PowerUp, a new poker product, we are again trying to bring in new players to the game and reactivate players.
This kind of stability & resilience comes at a price, but we believe these changes are working. The company and the ecosystem is healthier, and we believe recreational players are having more fun.
Pete Simm | Ice3lade - Yesterday at 5:23 PM Well then, that leads perfectly on to "I see people justifying the changes by saying it goes to recs yet I haven’t seen stats that they say the same amount of rakeback is being paid out?" asked by @Gosha(edited)
Dylan | Ravageur - Yesterday at 5:28 PM Because the program is personalised to each player, I don't think I'll be able to satisfy that question. I can share that most of our recreational players will receive a similar level of rewards as before, and in many cases players will receive more rewards.
I've heard a lot of players in the questions thread claiming that the program only offers 5% in rewards, but recreational players will receive much more than that and this is across the full spectrum of our player base. As an example, there are former Supernova VIPs who are now receiving more with Stars Rewards than they did in our previous program.
Pete Simm | Ice3lade - Yesterday at 5:30 PM Ah, that somewhat addresses my next question already "Can we get a tangible figure for RB now that the new rewards are in place? Party does 40%"
Dylan | Ravageur - Yesterday at 5:34 PM Yes I think it does. The short answer is that Stars Rewards is not a traditional rakeback program. Rewards are personalised and can vary based on recent activity.
We cannot guarantee a specific level of rewards for any given player givena few factors:
-The rewards inside Chests are randomised -Progress bar requirements are personalised and may change based on recent activity. For example, a long-term winning player will need to earn more reward points to unlock a given Chest than a net-depositing player -Players receive additional reward points in Chests which are also randomised -Players who play more frequently will benefit from boosts, which net you double reward points when boosted.
Pete Simm | Ice3lade - Yesterday at 5:38 PM Given the untraditional nature of the Rewards program, people are finding it hard to find ways to compare it to the old one, maybe you can help with this? "Hey, greetings! My question as i have not yet understood ( and dont think it has been specified at all), is what is the ev of rakeback that the company is giving back? I understand that rewards are randomized and for 1 chest people can get different rewards depending on their vip status. But what i dont understand is how ev rakeback should a goldstar or a silverstar for instance expect to get on 1 month? with the previous system , to say , we knew a goldstar could get minimum 100 usd per month and platinum star 300. what is the difference ev wise in the new system? Thanks"
Dylan | Ravageur - Yesterday at 5:39 PM That's a good question. First - Stars Rewards is a significant departure from the previous VIP Club program and it's very difficult to compare the two as it's apples and oranges. In general terms if you are a long-term winning player you will be receiving less rewards than previously. Other players will be receiving a similar level of rewards, or more, with Stars Rewards.
Pete Simm | Ice3lade - Yesterday at 5:46 PM Since we're changing things quite drastically for the winning players, maybe you can help explain where we received our positive feedback? "I would really like to know where the positive feedback has been found regarding Stars Rewards. Since I havent heard a single positive word from people I rate highly that have gotten their rakeback slashed from 27-35% to 4-5%" This question was asked both by @BarreMolenaar "LordBarre II" and @TilTinDuCeR
Dylan | Ravageur - Yesterday at 5:49 PM I had a feeling this one was coming :). A lot of what is posted about the program on forums and in the press originates mostly from winning players, who understandably are upset that they are receiving fewer rewards than previously. The program is designed to appeal more to recreational players. The level of engagement we have seen with the program so far in Denmark and Italy has exceeded our expectations. We have been reaching out since those launches to speak to recreational players about their experiences with Stars Rewards and the majority prefer the new program than the previous one.
Pete Simm | Ice3lade - Yesterday at 5:51 PM Speaking of the launches in Italy and Denmark, we received this question about how the launches there seemed "sketchy at best"... "Why did you switch from a transparent system to a non-transparent, “individual” one? I personally believe that the poker industry especially needs to be as transparent as possible. The way this has been rolled out in Italy and Denmark so far seems sketchy at best."
Dylan | Ravageur - Yesterday at 5:54 PM I agree that the poker industry needs to be as transparent as possible. However, while Stars Rewards is "individual" as he says, the probabilities and prize values for each Chest are published on our website and you can see how many points you need to unlock a Chest by clicking on your progress bar or visiting the 'My Stars' portal. In addition to the 'normal' Chest values on our webpage, there will be additional top prizes on a regular basis such as the $1,000 Chests we are currently awarding for launch.
Pete Simm | Ice3lade - Yesterday at 5:56 PM A recent question from @Croakspkr which ties in well with transparency... "why cant i review how many chests i've opened yet and what i got from them?"
Dylan | Ravageur - Yesterday at 5:58 PM You can contact Support at any time to receive a full audit of your Chests and everything that was in them. However, I agree that it would be beneficial if you could review them in-client, so I will add this to the list of future developments we'd like to add. Thanks for the feedback/suggestion @Croakspkr
Pete Simm | Ice3lade - Yesterday at 6:01 PM And this one has come in from @Artello referencing a previous question... ""As an example, there are former Supernova VIPs who are now receiving more with Stars Rewards than they did in our previous program." It doesn't sound logical at all with rewards we have, unless some regs hit 1k from chests (which is luck, not a statistic)."
Dylan | Ravageur - Yesterday at 6:03 PM Just to clarify, long-term winning Supernova VIPs will be receiving much less. However, there are net-depositing former Supernovas who are receiving a similar level of rewards, and in some cases more. That isn't assuming they get lucky or win a $1K Chest.
Pete Simm | Ice3lade - Yesterday at 6:05 PM In terms of the rewards in general, there has been a lot of feedback regarding how different the size and frequency of the rewards are compared to what people are used to. That feedback has been accurately summed up by @IFlipBurgers in this question: "Do you believe that rewarding people with extremely small rewards (compared to the buyin of the games they play) at a high frequency gives them satisfaction and make them feel like a valued customer? So far, I've only heard feedback of people feeling insulted by these rewards and would go as far as to argue that they have a negative net effect on their playing experience, even compared to not receiving anything at all."
Dylan | Ravageur - Yesterday at 6:09 PM Unlike the previous program, Stars Rewards aims to reward players multiple times within a single session. Most of our players can only play a few times a month and we feel that offering them multiple opportunities to win something significant does, in fact, make them feel valued. Of course, there's no "one-size fits all" and some players would rather receive fewer Chests but that held a higher value, so there is a balance to be maintained. Like any other new product, we will be reviewing feedback from all our players and looking at the numbers to determine if we've found the right balance between frequency and value.
Pete Simm | Ice3lade - Yesterday at 6:11 PM That leads perfectly into "Are rewards completely finalised or are they very much experimental and subject to change?"
Dylan | Ravageur - Yesterday at 6:13 PM The rewards could change over time, yes, especially in regards to our top prizes. Currently we're awarding $1K Chests as the top prize, but, for example, when WCOOP comes around later this year Stars Rewards can award WCOOP tickets in Chests. In the future, these top prizes will change and can range from cash prizes, tickets, and exclusive physical items. FailFish1
Pete Simm | Ice3lade - Yesterday at 6:15 PM Okay! :smiley: Thank you very much for digging into some of the nitty gritty about EV and reward amounts with me, now I'm going to address some of the questions we've received about how everything functions We received this question "hey, im fairly sure i was on like 80% towards 2k vpp and didnt receive anything for it. isnt it supposed to convert? is this a problem more people ran into or just me" from @don artie , perhaps you could clarify?
Dylan | Ravageur - Yesterday at 6:17 PM Good question, and that shouldn't be the case. Players received the full prorated StarsCoin value for their in-progress VIP Step when Stars Rewards launched. You can verify having received this credit by going to your StarsCoin audit in Tools -> History & Stats of the desktop client. You can also just shoot our Support an email and they can check on your behalf and makes sure that you received everything you should have.
Pete Simm | Ice3lade - Yesterday at 6:20 PM Thank you for clearing that up :smiley: Now, in terms of the exact functionality, @Scoobydubious asked: "When you open your chests, what are the coins for that go to the right side of the chest? I think theymight be purple if I recall correctly."(edited)
Dylan | Ravageur - Yesterday at 6:22 PM Purple?!! They are green, and those are reward points :smiley: You get reward points everytime you open a Chest, so that your progress towards your next one gets kick-started. In poker you earn 100 reward points for every $1 in rake/tournament fees paid with the exception of high-stakes cash games.
Pete Simm | Ice3lade - Yesterday at 6:23 PM On that note, from @Caribou "What is the least amount of points necessary to clear a red chest? How many points, on average, will net depositors need to clear a red chest?"
Dylan | Ravageur- Yesterday at 6:28 PM That's a good one. Reward point requriements can vary over time, but for example, some higher-volume recreational players need to earn 8,000 reward points to unlock our biggest Platinum Chest. They will also receive on average 800 points every time they open it. Some of these also receive a boost of 4,000 points every 8 hours from their last one. Effectively, they need to earn 3,200 reward points to earn their first Platinum Chest each day (which is worth about $23.50 on average).
Pete Simm | Ice3lade - Yesterday at 6:33 PM So in terms of this being more weighted for net-depositing recreational players @SetMiningWithKings asked "So that I can make a decision whether this is a better thing for players, or for Pokerstars - Has your average revenue per player gone up or down when you account for the new programme being in place?"
Dylan | Ravageur - Yesterday at 6:35 PM We certainly hope to increase engagement in our playerbase which ultimately should increase revenues, but it's much too early to say what the impact of Stars Rewards is given we only just launched in most areas this week!
Pete Simm | Ice3lade - Yesterday at 6:38 PM In that case, asked by @TilTinDuCeR "Question: Do you think you as a company understand the gaming industry enough to try to emulate it and accurately project the success of such endeavour?"
Dylan | Ravageur - Yesterday at 6:42 PM There has been a massive amount of effort and research across the company in preparing for Stars Rewards based on years of data and experience in the industry. We're confident that this is a step in the right direction, and early indications in Denmark and Italy support this as well. So I guess in short, yes. But we are of course also listening to our players on all our channels (here, other forums, social media, customer support, 1-1 discussions, etc.)
Pete Simm | Ice3lade - Yesterday at 6:46 PM Speaking of feedback from the players, we're seeing a lot of people asking for a more specific breakdown of what they need to do to earn their chests. "is there anywhere we can check the least and the most points requiered for a certain chest?" from @monroymx
Dylan | Ravageur - Yesterday at 6:48 PM Each individual can always click on the progress bar to see how many reward points they need to unlock a Chest. However, because these targets can vary over time based on recent activity, they aren't being published.
Pete Simm | Ice3lade - Yesterday at 6:50 PM Ok, good to know that it's easy for people to see what they need to do then :smiley: Let's burn through another couple of quick ones and then wrap this thing up so I don't leep you all night. "Will players be able to weed out the rewards that they will never use?"
Dylan | Ravageur - Yesterday at 6:53 PM If I remember correctly that question was referencing not wanting to recievemore than one freeroll ticket in a day. This is a great suggestion and something that we are actively looking to add to Stars Rewards functionality. Ideally once you receive, for example, a freeroll ticket for a weekly freeroll, you shouldn't receive the same ticket until the following week (and that prize would be replaced by something that isn't redundant). It's on our list of future developments that we'd like to add, and I hope we can add it in the coming months.
Pete Simm | Ice3lade - Yesterday at 6:55 PM So, to quickly summarise a question that is being asked a lot, are there any plans to decrease rake? Spin and Go's and PLO seem to be mentioned a lot here "With such reduction in rewards to SN Winning players, is there a chance that (for example) Spin and go rake might be decreased a bit to compensate, because as of it is today, average 60$ limit player regular was earning around 44% of his overall profits from rakebacks, because there are a lot of regulars in the pool, only a handful of crushers get better results (in chipEV) than that to stay comfortable withouth rakeback" Dylan | Ravageur - Yesterday at 6:57 PM That's a popular question. We are constantly evaluating pricing and the economy of each game. However, at this time there are no plans to decrease rake.
Pete Simm | Ice3lade - Yesterday at 6:57 PM That being the case... "Wouldn’t they be making more money if they brought back the old vip system which incentivized volume players coming back = more rake being paid?"
Dylan | Ravageur - Yesterday at 7:02 PM This is a good question as there are quite a lot of misconceptions out there on this topic. There is a very high overlap between "volume players" and "winning players". This is pretty intuitive given poker is a skill game and you improve the more you play. The poker economy is fuelled by deposits, which for the most part originate from low to medium-volume players. This is one of the main reason that the level of rewards players receive through Stars Rewards is not solely based on volume, so that we can allocate rewards to the players who contribute the most to the poker economy (and of course, our company).
Pete Simm | Ice3lade - Yesterday at 7:05 PM Thank you for explaining that :smiley: Ok, I hope that this session has helped to clear things up for a few people, @Dylan | Ravageur thank you very much for taking the time out of your day to do this with us. I know that we haven't managed to address everything which we've been asked, but Dylan will be around throughout the coming week to hop in here and answer more FAQ as they arise. If there are an absolute tonne of questions, we will schedule a second AMA for some time next week :smiley:
Dylan | Ravageur - Yesterday at 7:08 PM Sure - thanks for having me Pete and I appreciate all the questions and feedback from the players. I know that not everyone will love the answers, but I'll continue to chime in here next weeek to try and answer questions as they come up. Sure - I'd be down to do this again. Cheers.
Pete Simm | Ice3lade - Yesterday at 7:09 PM Awesome, thank you again for joining us!
submitted by Pete_Stars to poker [link] [comments]

CasinoCoin Foundation AMA responses

You asked and we answered!
 
Thank you for taking part in our AMA and submitting your questions. Here are responses from John Caldwell (Director of Advocacy), Duncan Cameron (Technical Director) and Andre Jochems (Lead Developer). Get to know them better by visiting our website.
 
To chat directly to our team join us on Discord.
 
Nole34 (Reddit): How and where will this coin be used? Not meaning as in the network and relay nodes but by a user.
 
TwoproApps (Reddit): What are the benefits or incentives for casinos to use a crypto currency?
 
Whufc4life1 (Reddit): What would be the main advantages of using this coin, as an end user, instead of regular fiat currency?
 
We see CasinoCoin being used as a payment option right alongside USD, EUR, etc. There are many ways to use CasinoCoin, for the customer and the operator that represent tremendous advantages over traditional funding methods. For the customer, you will have to complete KYC once, then you will be able to play on multiple vendors in seconds, deposit and withdraw for a fraction of current rates and have a suite of tools at your disposal to manage and control your play. For the operator, you get a customer that is pre-vetted by a licensed, approved KYC vendor that lands at your door, deposits in seconds in a way where the deposit is permanently and transparently recorded and is not subject to chargebacks.
 
TwoproApps (Reddit): With the coin being potentially volatile in the future, could it affect casinos wanting to use it?
 
We don’t believe so. Like any payment instrument, the customer would deposit in CSC and withdraw in CSC - making volatility a non-factor for the casino in the short term, provided the casino maintains a sufficient balance of CSC.
 
TwoproApps (Reddit): How do casinos exchange CSC for fiat if they wanted to?
 
Casinos will have several options to acquire CSC, all of which will take treasury functions into account to mitigate possible volatility to the greatest extent possible. This will be done via traditional processing methods.
 
TwoproApps (Reddit): Will casinos have to make their CSC games payout in CSC or can they also pay in fiat and vise versa. Can a fiat gambler cash out in CSC if they wanted to?
 
This will eventually be possible, but it will be the choice of the operator. Once a casino starts to allow cashouts in different currencies, the volatility risks rise. We are designing CSC to be used in game, but our first step is to get casinos to adopt CSC as a payment method.
 
Lowmm (Reddit): Will you go into other trading markets, bittrex for example? Boyo (Reddit): will bittrex be adding CasinoCoin? after the swap?
 
Our focus is:
 
1.Designing the best product for the market, users & operators,
 
2.Compliance within regulated markets
 
3.Creating strong partnerships within the gaming industry.
 
We strongly feel if we work on the things we can control, all the external elements like exchanges will take care of themselves.
 
paulkt (Reddit): When can we expect to see the first Casino using Casinocoin?
 
We will be ready for real partner integration in Q1 of 2018. However, the actual timeline will be dictated more by potential partners, regulators, banks, and other external forces. We are under no illusion that getting to market with licensed operators in regulated markets (we’ll only operate under these conditions) will not be a quick process, but we are confident it will happen.
 
hurdamurda (Reddit): I had 50.000 CSC and then cryptsy stole them. :( I still believe
 
Anyone who has been in crypto for a year or more has a story to tell like this. We can’t control what happens at third party providers like exchanges, and can only encourage holders of any crypto to adopt best practices with respect to protecting your coins. Most of us have been in crypto for a long time, with our own stories like this, so we are building the CSC solution to provide maximum security to customers.
 
powpow44 (Reddit): In the roadmap you state "New CasinoCoin Brand & Website Launch". Can you share what the foundation has in mind for a rebrand?
 
The rebrand is more about the logo itself. Most of us really like the ‘button’ logo that has been with CSC since the beginning. However, we don’t love all elements of the logo, and the presentation from both a visual and format perspective is not ideal (ie: no proper graphical/vector files exist). We’re fixing that. It won’t change drastically.
 
rambroziak (Discord): I do not know, it's possible, CSC has the opportunity to develop !!! Now we have a more important problem !!! When Cryptopia urucchomi payouts CSC
 
Although the Cryptopia situation occurred before the formation of the foundation, members of the team have been working on collecting data from the CSC community to attempt to first establish how many coins may have been lost on Cryptopia. We have a reasonable idea of the figure now, but in our correspondence with Cryptopia, our figures don’t match. We’re currently waiting on a response from them to our latest email and we hope to have something to share with the community this month.
 
Whufc4life1 (Discord): Just wondering - how are you guys planning to handle KYC/AML procedures across different jurisdictions?
 
With a licensed KYC provider, the visibility/transparency of a blockchain and a GLI compliant product, AML issues will be to the highest standard possible. This is actually an area where blockchain is a significant upgrade over current best practices.
 
nioConisaC (Discord): Will the Bankroll Manager wallet offer feature of bridge currency?
 
We will not use that feature from the start but it does allow us to implement customer specific reward programs in the future where points/rewards are being issued and linked to CSC.
 
Boyo (Discord): have the devs contact coinmarketcap to add the new csc?
 
CoinMarketCap has been contacted and will update CSC to the new network once an already connected exchange implements it.
 
mark (Discord): I’m still curious how the csc revival came about, I recognise a few of you from the bitcointalk forum a few years ago, but how did the likes of john and the rest of the board come about?
 
John: It’s really about timing. When I left PokerStars in ‘14, I took some much needed time off. I studied the crypto markets (including CSC) at that time, and felt that the market/world wasn’t ready yet. Then, in early 2016, my wife started really getting into crypto. This got me back into it on a regular basis. The possibility of starting the Foundation was broached to me summer of this year and I felt the timing was right.
 
submitted by CasinoCoin-org to casinocoin [link] [comments]

Really thinking about gambling

1 month and 2 days clean since my first post here. Today I logged on to my Pokerstars account that I self banned from six months ago. The ban is over as of yesterday but I cant play again until I send them an email asking to be reinstated.
Like I have mentioned in a post before, I dont plan on ever quitting poker as I really enjoy it and I have never gotten out of control with it. My problem is being in a casino and going on tilt and running to BJ and losing hundred, if not thousands of $. So it is indirectly fueling my gambling problem. Anyways, where I live we don't have casinos, just poker clubs so this shouldnt be a problem (unless im out of town playing at a casino, ex - my first post here). I don't gamble online outside of poker.
Anyways, I logged on, thought about sending an email to get my account back up but I dont even FEEL like playing. I have so much better shit I can be doing, especially since im off work for a week. So I shut that bitch down and am cleaning my house/garage. Just got the garage done and it looks damn good.
No point to this post, just wanted to vent a little.
Love you all, thanks for helping me stay clean. 32 days woop woop.
submitted by LipsCallahan to problemgambling [link] [comments]

Bankroll Management

I'm making this post in part as a response to a recent post about potential problems with gambling addiction and also just a general reminder about the importance of the subject. I wrote this post 4 years ago but it rings true today just as well as it did then and always will:
Bankroll Management. If you went busto, you obviously haven't been following bankroll management. You will NEVER succeed until you follow bankroll management. Bankroll management is MUCH more important than skill. Skill cannot overcome lack of bankroll management. The rules are pretty simple. For CASH games, you need AT LEAST 30 NLHE buy-ins (one buy-in is 100bb) of cash in the bank or your account to play. For SNG tournaments, you need 50 buy-ins. For MTT tournaments, you need 100 buy-ins. Those are MINIMUM requirements. You might be wise to have more, but NEVER less. For Limit Hold'em, you need 300 big bets. For PLO, you need 50 buy-ins. For any other game I didn't mention, you need to do the research to find an equivalent bankroll. If you don't have it, don't play it. Simple as that. But, let's say it again for dramatic effect: If you don't have it, don't play it. Simple as that. Once you have it, you can play down to 20 buy-ins cash game, 35 buy-ins SNG, or 70 buy-ins for MTT's, or 200 big bets for limit. Basically, you can lose a third of your full bankroll taking a shot up. If that happens, you need to move DOWN stakes IMMEDIATELY. Do not pass go. Do not collect $200. Do not move UP again until you have the full 30 buy-ins or whatever your the requirements for your game.
So, to play $1/$2 in a casino, that's a $200 buy-in. You need 30 buy-ins before you can even have a seat or play a hand. That's $6,000 MINIMUM. When you said you recently went busto, you were playing $200NL with far less than $6,000, more like 2 to 3 hundred. That's completely unacceptable.
"But, Jason, live games are easier than online" "Don't care." "But, I'm better than those players." "Don't care." "But, I've been really working on my game." "Don't care."
You need 30 buy-ins MINIMUM at all NLHE cash game stakes live or online. If you're busto and want to play LIVE, you need to get second job, save up a $100 and start a home game with 1 cent 2 cent blinds. Or, save up $300 and start a home game with 5 cent 10 cent blinds. Or, save up $1,500 and start a home game with 25 cent 50 cent blinds. That's pretty much the highest you can play live until you prove you're a winner somewhere. You can NOT go straight to the casino unless you have $3000 AND they spread 50 cent a dollar OR you have $6000 and you play $1/$2.
Not very glamorous, is it? Not something someone with a gambling problem would want to do. A person with a gambling problem needs the rush and excitement of REAL money, not the embarrassing, meaningless money of literally playing for pennies. There's no rush getting it all-in for $2. However, someone who REALLY wants to succeed in poker and has the patience to pay their dues and learn the game WOULD do exactly that. Myself and many others have done EXACTLY that. I started with a $100 bankroll LITERALLY playing for pennies with ONE table online. I stuck to my rules though and slowly moved up adding tables VERY gradually. Click on Donkey Kong below for the back-story if you're interested. I went from 1 table for 1 cent 2 cent to being on the verge of playing 7 tables $400NL with a $16k bankroll in a relatively short time.
Unfortunately for me, PokerStars changed their cash games in a very negative way last year and I had to take a step back. Then, I got burnt out at poker, took a 6 month break, and had to take ANOTHER step back once I was ready to play again. But, I'm back at $100NL and winning and making decent money and both ENJOYING poker and SUCCEEDING at poker. To date, I've never had to move down because I lost 10 buy-ins. To go busto, I'd have to lose 10 buy-ins at 6 different stakes in a row while I move down with each 10 buy-in loss. I've made over $20k at poker and hope to be on track to make well over $10k this year. All of that's possible if you stick to the rules. None of it's possible if you don't. Any "success" you luck box breaking the rules will be gone if you continue to break them. It's not an opinion. It's a mathematical fact. You just have to play long enough to realize your failure.
submitted by clkou to poker [link] [comments]

Caesars Casinos lose $386 in Q1 of 2014

Another major casino operator announced significant loss in the first quarter of 2014 and it looks like the industry as a whole is struggling. Caesars Entertainment runs several venues worldwide and the recent numbers show that they were 77% worse than the same quarter of 2013. Revenue is falling at an accelerated pace and there is very little that the management can do to end the strike. The explanations are multiple, including the one of CEO Gary Loveman who claims that bad weather is responsible for the poor results. Apparently, the representative things that the reason for why profits fell so much and turned into lost is the consequence of fewer people traveling to these tourist destinations. The properties in Las Vegas are not doing very well overall and other companies besides Caesars suffer the consequences in 2014. Basically, the vast majority of games were the result of hikes in hotel room rates, while the casinos themselves didn't generate any profit whatsoever in the first quarter of 2014. Caesars Entertainment runs several casinos in Philadelphia and Atlantic City, but neither of them proved to be very profitable. This only comes as a pale consolation for PokerStars, after the company tried unsuccessfully to acquire a casino in Atlantic City. They are still very active nationwide and fight a war on two fronts, on one hand pushing for the regulation of online poker, on the other trying to establish a beachhead by running their own casino. It is hard to predict if they will get to fulfill any of these goals, but there are some indications that PokerStars might be successful after all in California. Meanwhile, land-based casino operators are trying to stay afloat and as far as Caesars is concerned, these are not looking too good. Besides the recent financial concerns, the casino has already been sued by investors, while concerned about the company's policy of managing profitable assets. At the time of writing, Caesars Entertainment is deeply involved in selling some of these assets and the names of the potential investors and buyers are yet to be disclosed. The company struggling with significant debt and there are even some who claim that they are heading to bankruptcy. Regarding the company's activities in Atlantic City, it looks like several casinos are on the blacklist and any of them could be sold. Caesars has a serious problem caused by the fact that their debt is increasingly being, while there are very few willing to spend a lot of money on their assets year. It's a bit ironic, that on one hand, an entity tries to sell casinos in Atlantic City unsuccessfully, while another company is denied the chance to purchase them. It looks like the Atlantic City casino are on a constant and seemingly unstoppable decline, with excess capacity and very few players interested. Some casinos have already been shut down and others are probably going to be terminated in the next couple of months. Caesars has a long list of properties…
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2015 - My poker year

(you can find a TL;DR at the end of this post, containing my yearly results and my goals for next year)
My first contact with gambling started with the famous "use this strategy to get rich at XY" (XY being mostly blackjack or roulette). As i was still very young i believed these stupid things. I didnt know better. Hours after hours i played for playmoney online, and i got fascinated having the idea to win money by playing a game. After a while i finally learned that in every gambling game the edge is on the side of the casino.
Every game? No. There is poker, a game of skill and psychology. A game where the better player can be a winner. I HAD to learn this game. So i bought a few books, and started learning. I only learned the very very basic stuff, but i thought that was enough. I deposited 10 bucks and started playing 2NL, with the occasional 5NL or 10NL mixed in because i was on tilt or "trying to win my money back". Obviously i was a total fish. I lost my money very fast, and got frustrated. Every now and then i came back to try but, who wouldve guessed, i lost over and over again.
I am a very competetive person, but my competetive drive was focused on other computergames. After i peaked and plateaued in the games i grinded for hours and hours each day for years (at first CoD, then League of Legends where my best ranking was Diamond 3), i started looking for a new challenge. And then it hit me. POKER! But this time i would take it more serious. This time i would be a winner! So the journey began...
On the 1st of january i created my account on pokerstars. This time i deposited 50 bucks. I was still in school, so i couldnt play it fulltime, but i used every free minute i had to play and learn the game. I taught the game to myself by reading through articles online, learned the basics from pokerstrategy.com, and started playing 2NL with proper BRM. For christmas i got money to buy Pokertracker4, so i could finally track my results aswell. After a bit of trying everything out i decided that 6max Zoom was the game made for me. Action all the time and the ability to grind for hours without getting bored. Perfect. So i did. And i was winning, what a great feeling. With the things i learned i was able to beat 2NLz all by myself. I didnt care about the amount of money, which obviously was nothing, but i was making money all by myself, with a thing i loved doing. My passion grew with each and every day. At first my mother was against this whole thing. She didnt like it if i "gambled". Obviously she had no clue about poker not being gambling, but i was far away from being able to correctly explain it to her, as i was still a noob too, so i cant blame her. This is the 2NLz graph for the whole year: http://i.imgur.com/iKHbI6W.png
As you can see i was a solid winner at 2NLz. But moving up was hard. I did take many shots, but the first 50k hands of 5NLz i was losing at it. I had all the typical problems: i was money scared, i thought villains were playing better, i just didnt play the gameplan i had established at 2NL. That is also the reason why i had such a big sample at 2NLz (100k hands), because i always had to move down again. I was getting more and more frustrated. And i was stubborn. I didnt even think about studying more to get better. I was just grinding and grinding each and every day, trying to finally get the succesfull shot. I was still somewhat active in the online community though. I started watching twitch streamers, and i even became mod in "KomodoDragonJesus"' stream. I started reading articles again and i recognized that if i wanted to beat 5NL i had to study again. So i did. And ca. in the middle of may i finally started winning. From one day to another i was good enough. It was like someone turned on a switch. The big thing i learned in these days was that i cant just grind the whole day, because i will be plateauing sooner or later. If i wanted to climb the ladder i needed to study all the time. I started reading more and more, most of it in the 2+2 forums. I started connecting with people, chatting with them over skype. It could be that that was the time where i started being active here on /poker. I was always a big fan of reddit, and i was happy that there was a sub for poker. Here you can see my 5NLz graph for the whole year: http://i.imgur.com/KWVQsPw.png - and this is the graph since i was winning: http://i.imgur.com/rTCiqrl.png
After grinding for some time i started taking shots at 10NLz, and history repeated itself. It was pretty much the same as when i wanted to move up from 2NL to 5NL. Not much to say to this situation tbh. BUT a big thing happened at 10NLz. My first BIG tiltingspree. This was the first time a major downswing hit me, and i got mad at the game, mad at myself for playing poorly, and so on. You cant miss it if you take a look at the graph: http://i.imgur.com/OIswdAg.png After a while i could stop myself from tilting though, and focused on improving again. As you can see in the graph i didnt win enough to move up yet though: http://i.imgur.com/evkw3Ef.png
I was always playing some MTTs on the side for fun. I never really took them serious, never really learned how to play them properly. But in august i had the luck to bink two of them. One was a 1.10 deepstacked MTT where i placed 3rd for 72$, and the other one was the Hot 1.10, where i got 4th for 243$. A MASSIVE boost for my bankroll. Suddenly i was rolled for 16NL, and i took the shot. It wasnt my first shot at it, but it was succesful. From here on its basically the same as always. I grinded, took shots at 25NLz, they didnt work out, i had to move back to 16NLz. Here you can see my lifetime 16NLz graph: http://i.imgur.com/Lsy12An.png and this is the graph since i was winning: http://i.imgur.com/4ZtzI7o.png
In the meantime many things in the reallife happened. I just finished school in summer, and since february i was living on my own in a small 1-room-appartment. I started working 39 hours a week (if you are interested in that you can ask, but its too long and irrelevant to put in this post), and didnt have that much time for poker anymore. I still devoted pretty much all of my free time to poker. Now that i had results and knowledge, i could also finally convince my parents that poker isn't gambling, and that its not bad to be a pokerplayer. My mother taught me to always have the right priorities in life, which i am very thankful for. I always made sure that i had enough time for my friends, my girlfriend, and school. Well maybe not school, but not because i couldnt. I simply decided that school wasnt worth my full attention anymore. My goal for the future was to study psychology, and even IF i put my full energy into school, i still wouldnt have been able to reach the grades i needed. And to get the spot at university it wouldnt matter if i was close to the requirements or more far away, i would need to wait the same time (or i would sue the university for a place, which i will try next year if they dont let me in. Yes, its possible to sue the university for a place to study, god i love my country sometimes :D) So it was irrelevant if i tried my hardest in school, or just made sure i could finish it and get my "abitur", which is german for the graduation from highschool. If i look back i can say for sure that i put more energy and time into poker and studying for poker than into learning for school. But because i already knew what i wanted and how i could get it i didnt regret this decision.
The second big thing that happened was the legalization of online poker in Schleswig-Holstein, the nothern part of germany where i live in. Before they gave out licenses it was a grey area, so not totally illegal. But following that we got an own client, "pokerstars.sh", and a few rules, eg. not more than 10 tables open at a time etc.. These changes didnt affect me that much though, as i was always only playing 4 tables of zoom anyway.
Then i had my first live poker experience. In september i decided to take a 50bb shot at 2/4 in my local casino. It was basically just meant for fun, because i never played live before and wanted to experience it. In my first night playing live i left with 1238€ profit. I decided this would be my live bankroll, and went to the casino about once per week. I grinded it up to 4.5k, then went down to 2.5k again. Here i chose to stop, because i needed money for next years vacation (me and my gf want to travel to japan, which will be very expensive). Also i felt like online lost the needed focus and dedication from me.
To give online poker my full dedication i needed to get better. But learning by myself just wasnt good enough for me anymore. I needed to learn more efficient. I needed to get a coach. And i found one. We had coaching roughly once per week, and i learned so much every single day. I got better and better every day, and finally the day came where i would take a succesful shot at 25NLz.
This is where i am right now. After exactly 1 year playing/studying i went from 2NLz to winning at 25NLz. And my current winrate is pretty impressive, even though i guess its only samplesize and not my real winrate :D here is the graph of my latest 25NLz shot, and hopefully the last one: http://i.imgur.com/Kt5tdYj.png - and this is my lifetime 25NLz graph, with all the shots that didnt work out: http://i.imgur.com/GLBQr0T.png
I hope this wall of text was at least somewhat interesting for you guys. The main reason i wrote this is to remember the year and be appreciative for how far ive come. I've had an awesome poker year, went through ups and downs, but i still managed to come out ahead.
Here are some final results of this year:
The cashgame graph of my whole year, including every cashgame ive played: http://i.imgur.com/QLQZ9Ku.png
And this is the graph only showing my zoom results: http://i.imgur.com/FMFf317.png
edit: HeyitsClay suggested to show the results in bb to show a clearer picture. Here is only the zoom results shown in bb: http://i.imgur.com/SHl8Mzc.png
My online bankroll went from 50€ (~55$) to 1400$.
My live bankroll went from 200€ to 2500€.
My passion for poker is more alive than ever before. My plan for 2016 is to beat 100NL, and maybe play live again with a proper bankroll. When i start going to university this fall i will hopefully be able to finance myself purely through poker. That is the dream...
submitted by KinglyLion to poker [link] [comments]

GPI Player of the Year race heats up at the WSOP

There are plenty of months left before the Global Poker Index will announce the winner of the Player of the Year race. Even so, the results recorded by poker professionals in Las Vegas during the World Series of poker will weigh heavily in the balance. There are a couple of players who are currently sitting at the top of the list and they are particularly interested in what their competitors are doing. It is a bit disheartening to see your rivals making deep runs in side events and even claiming bracelets, knowing that the points they accumulate can make the difference in the GPI POY. Half of the bracelets have been already handed out to the most successful players, but with almost 30 tournaments left, there are plenty of points to be split among players. The competition is particularly intense between PokerStars Team Pro George Danzer and Justin Bonomo, with the latter playing catch-up. He vented his frustration on Twitter recently, after he suffered an untimely elimination from a tournament also attended by his direct competitor. Apparently, the poker Pro is on the verge of giving up any hopes of winning the player of the year award and he is simply waiting for George to consolidate his lead at the top. This moment of weakness can easily be overcome and all the Justin needs is a victory in one of the remaining tournaments to be back in the race. The difference between the two players is not as wide as one might think and even though Danzer has already claimed a bracelet at the World Series of Poker, the gap can be bridged. The biggest problem right now is that he has the deepest stack in the $10k Seven Card Draw Hi/Lo event and is the most experienced of the 13 remaining players. Given the fact that both of them plan on competing in some of the remaining tournaments, nothing is lost and everything can change for Justin. The best example is provided by Daniel Negreanu who was seemingly fighting a losing battle last season, only to recuperate all the points lost in the final months. His performance at the World Series of Poker proved to be essential and that's why both Justin and George are extremely motivated to make a deep run in the tournaments the attend.
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pokerstars casino problem video

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If the slots do not open on PokerStars and a red window with a warning "Page is not available" pops up - then, most likely, the Casino is blocked by your provider. It may also appear as a security warning, white screen, etc. Read also: Solving a problem with the operation of a client if PokerStars do not open (app crash PokerStars) Problem Does anyone else find that help is hard to get on pokerstars casino. Very angry !! ? it was only my 2nd day with this online gambling site. 2021-01-25 00:31:38 PokerStars Casino - Der Spieler hat Probleme, die KYC-Überprüfung abzuschließen. Automatische Übersetzung 4.8 /10 Schlechte Reputation Eingereicht am: 2020-05-06 | Gelöst : 2020-05-19 After updating PokerStars client many poker site users faced the problem of unexpected termination of the client.. PokerStars app stated to lag and turn off during the game with the window with the following error: 'Stoppage of 'PokerStars Client Software' program (APPCRASH)'. Support service of PokerStars was told about this problem multiple times and its representatives claim they are Unfortunately the article you are looking for is no longer available or cannot be found. Please use the search bar above to try again. Get PokerStars Casino for Free. Enjoy the ultimate online free Casino experience. Play now – download for free and find your game in minutes. Games available non-stop – there’s a huge selection of free games ready and waiting, including classics like Blackjack and Roulette, PokerStars Casino Review. Established in 2015, the PokerStars casino is part of the Stars Group. The Stars Group is a global leader in online gaming. It owns many of the top names in online gambling and runs top tournaments. Si vous avez des problèmes pour établir une connexion avec notre logiciel, essayez ces étapes : Redémarrer et reconnecter. Redémarrez votre ordinateur et éteignez puis rallumez tous les équipements réseau connectés tels que votre modem, votre routeur et vos points d'accès. I can't get in on the app or through pokerstars platform, i can however access the casino and everything else. Jan. 28, 2021, 12:20 p.m. @Micha088 @StarsSupport @PokerStars @PokerStarsUK Still no reply to my reported issues! Similar Threads for: Pokerstars casino promotion problem > Texas Hold'em Poker: Thread: Replies: Last Post: Forum: Pokerstars twitch promotion linked pokerstars: 10: December 14th, 2019 11:00 PM

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Online casino scam mistakes - Compilation - YouTube

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