or may be I am just the unluckiest guy in the world, I was playing in their big saturday tourney($200) entry fee, and over 1000 players. an hour in to the game there are less thatn 500 left and i am by far the chip leader with over 10000 in chips, cards are dealt and i have pocket AA the player next to the blind raises to 500 before the flop, he has about 3500 in chips, so i reraise to 1500 and he calls, flop comes J 9 2 with no flush draw, i move all in and he calls, he has AQ off suit, i am a 99% favorite to win the hand, of course the next two cards are Queens and I lose the pot, 10 minutes later i have pocket AA again and my opponent raises the pot to 500 before the flop, we both have about 5000 in chips now, so i go all in before the flop and he calls with guess what AQ off suite, this time i am only an 87.5 % favorite, so off course he catches 3 hearts on the flop and another on the river(he had ace of hearts), and I am out.from being chip leader to being out in ten minutes when i was that huge a favorite in both hands, this would be the same odds as the sonics winning the NBA championship this year, just impossible. their software needs to be changed to make the game more realistic, cause it seems like if you are ahead in a hand and go all in, you are doomed. i am still pissed two days later, that has to be rigged.
Cheating is alive and well at ultimatebet.
Neither hand was I involved in, folded at no cost both times.
1)Guy raises in a NL ring game from UTG with 45O, then calls two more raises pre flop in route to a $335 pot.
2)Guy bets from small blind with j9 flop a88, into a five handed pot eventually dragging down a $415 pot when tq hit.
Both times I fervently believe that they were the set up men who happened to suck out.
Neither hand was I involved in, folded at no cost both times.
1)Guy raises in a NL ring game from UTG with 45O, then calls two more raises pre flop in route to a $335 pot.
2)Guy bets from small blind with j9 flop a88, into a five handed pot eventually dragging down a $415 pot when tq hit.
Both times I fervently believe that they were the set up men who happened to suck out.
I love how there are tons of forums out there and they are filled with people that claim everything out there is rigged. I am sorry, but if they are rigged there is just no way they could sustain the business levels they have reached. Not to mention why would your risk a business that brings in 9 figures a year just to rig some pissy little tournament? When dealing with poker, there is absolutely nothing more important to a site or a cardroom than its integrity. You just don't risk those things for any reason.
I have heard that Party might net 9 figures this year, no lie. A lot of people were talking about the amount in an earlier thread and I am too lazy to go find it, but I talked to someone else who claims that the numbers thrown around in that were actually a bit "light". We may never know for sure as they do spend a ton on advertising and of course their money transfer charges have to be pretty big, but they almost completely cut off the free money they used to give away so I wouldn't be surprised if they made 9 figures.
Paradise was well on its way to those kinds of numbers and then they got extremely sloppy. Bad games, bad service, no advertising...it all just opened the door.
Think about it this way, if you made $2 per hand and there were 50 hands an hour, each table makes $2400 per day or $72,000/month. If you can keep 100 games going 24 hours a day, that is $7.2 million a month. As I look now, they say they have 5,573 tables going. If 1,000 of those are live game tables with a rake and 1,000 are tournament games with entry fees, it is quite easy to see how they could net more than $8.5 million a month, which is what it would take to get to over $100 million in a year.
Think about it this way, if you made $2 per hand and there were 50 hands an hour, each table makes $2400 per day or $72,000/month. If you can keep 100 games going 24 hours a day, that is $7.2 million a month. As I look now, they say they have 5,573 tables going. If 1,000 of those are live game tables with a rake and 1,000 are tournament games with entry fees, it is quite easy to see how they could net more than $8.5 million a month, which is what it would take to get to over $100 million in a year.
One of the poker sites for an sportsbook advertiser here uses computerized robots in play. I have played poker for over 15 years and 3 years online and I have caught them using those bots on 3 occassions now. It is SO obvious each time, no time to explain it all, but EVERYONE on the site agrees with me. I have stopped playing at this RX advertiser because of the bot issue. I will just stick with pokerstars
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by RPM:
wildbill,
9 figures????
you sure about that number!~<HR></BLOCKQUOTE>
RPM-
Netting 9 figures is tough but I have no doubt they pull in 9 figures in revenue. I ran a few numbers in a previous thread and it seemed like they are really hauling in the loot.
wildbill,
9 figures????
you sure about that number!~<HR></BLOCKQUOTE>
RPM-
Netting 9 figures is tough but I have no doubt they pull in 9 figures in revenue. I ran a few numbers in a previous thread and it seemed like they are really hauling in the loot.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by playersonly69:
One of the poker sites for an sportsbook advertiser here uses computerized robots in play. I have played poker for over 15 years and 3 years online and I have caught them using those bots on 3 occassions now. It is SO obvious each time, no time to explain it all, but EVERYONE on the site agrees with me. I have stopped playing at this RX advertiser because of the bot issue. I will just stick with pokerstars<HR></BLOCKQUOTE>
Please post who it is so I don't play there.
One of the poker sites for an sportsbook advertiser here uses computerized robots in play. I have played poker for over 15 years and 3 years online and I have caught them using those bots on 3 occassions now. It is SO obvious each time, no time to explain it all, but EVERYONE on the site agrees with me. I have stopped playing at this RX advertiser because of the bot issue. I will just stick with pokerstars<HR></BLOCKQUOTE>
Please post who it is so I don't play there.
WildBill,
My theory is that the rigging is only very slight and it is done in a way to even out the players and therefore maximize rake.
On RGP a reliable poster said that a friend of his wanted to start a poker site and when he inquired about software they asked "would you like action flops or regular flops"? Having a slight bias towards more action on the flop could be very profitable indeed for the house. They would be stupid not to do it IMO especially in such an unregulated environment.
My theory is that the rigging is only very slight and it is done in a way to even out the players and therefore maximize rake.
On RGP a reliable poster said that a friend of his wanted to start a poker site and when he inquired about software they asked "would you like action flops or regular flops"? Having a slight bias towards more action on the flop could be very profitable indeed for the house. They would be stupid not to do it IMO especially in such an unregulated environment.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Think about it this way, if you made $2 per hand and there were 50 hands an hour, each table makes $2400 per day or $72,000/month. If you can keep 100 games going 24 hours a day, that is $7.2 million a month. As I look now, they say they have 5,573 tables going. If 1,000 of those are live game tables with a rake and 1,000 are tournament games with entry fees, it is quite easy to see how they could net more than $8.5 million a month, which is what it would take to get to over $100 million in a year <HR></BLOCKQUOTE>
There is no way at any time that there is 1000 tables going with an avg rake of $100hr.
Even a two minute visit to the place and you would see that.
There is no way at any time that there is 1000 tables going with an avg rake of $100hr.
Even a two minute visit to the place and you would see that.
I've been told that Party poker makes $300,000 a day in rake. I believe that number.
They have 30,000 people a day playing. If they average $10 per person rake then they rake $300,000 a day.
That's before expenses, but $300k a day will go a long way to paying expenses.
I've worried about cheating at online poker sites, but I agree that if cheating ever was proved the site would be dead.
"Action" flops would be cheating. Anything other than pure randomness would make me not want to play somewhere. I don't think it is happening though.
They have 30,000 people a day playing. If they average $10 per person rake then they rake $300,000 a day.
That's before expenses, but $300k a day will go a long way to paying expenses.
I've worried about cheating at online poker sites, but I agree that if cheating ever was proved the site would be dead.
"Action" flops would be cheating. Anything other than pure randomness would make me not want to play somewhere. I don't think it is happening though.
