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Showing 20 of 67 results by Wingman4l7
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Board Gambling
Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts
by
Wingman4l7
on 09/05/2013, 01:11:11 UTC
I have a theory that live games without shufflers have slightly more aces come on the board than would otherwise be dictated, because the winning hand has an ace more often than any other card, and usually the winning hand is scooped up last, putting it on the bottom of the deck before the shuffle.  And in standard "riffle, riffle, box, riffle, cut" shuffle, the bottom card ends up being somewhere between the 20th and 30th card a much higher percentage of the time than other locations, and in a 9 and 10 handed game, 4 or 5 of that 10-card range are the board cards.  Thus aces should come out more often.  [...]
Interesting!  What I take away from this is:  online play is actually more fair than live play, because of its use of a statistically proven random shuffling algorithm!  Grin
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Topic
Board Gambling
Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts
by
Wingman4l7
on 08/05/2013, 02:55:05 UTC
I would bet you 50BTC (engaged through an escrow) that the analysis of ALL my hands played through to showdown on SWC shows abnormal distribution.
Well, OF COURSE that selection of hands would show an abnormal distribution.

Any sampling that is a result of choice, is going to be abnormal.
[...]
The fact that you would even offer that as the term of the bet, just tells me you don't have a clue about how random sampling for statistical analysis even works, for determining a normal distribution of a random number generator, and the cards that are being dealt.

You need every card dealt, for every hand, for every table, for a crapload of rounds that were played. Not just the ones that you thought would have been good enough to win, regardless of the other players' choices to hold or fold.

-- Smoov

LOL not to mention you need a sample size of what, a few tens of thousands of hands at least to get an accurate number, IIRC.  You're the second rigtard that's offered that who I would bet isn't even keeping track of their own hand histories.

seals with clubs is rigged and filled with colluders.

dont believe me?
watch the full ring tables and notice how it gets empty of a sudden.
this site is doomed to fail.
 OR -- maybe people don't want to be paying out blinds 2-3x as often if there are only a few people seated at a table, so they just leave?   Roll Eyes
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Board Gambling
Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts
by
Wingman4l7
on 06/05/2013, 05:50:42 UTC
To be honest... The firm appearance of rigtards is another rite of passage for seals.
Cannot agree with this enough -- this just helps to confirm that Seals is coming into the big-time.  The irony is so thick you can cut it with a knife.

The shuffling algorithm is public and generally accepted to be the most fair way to pseudorandomly shuffle a virtual deck of cards.  It's the same algorithm used by all trusted poker sites.

"Provably fair" is a term being used to mean that the entire shuffle can be reproduced with a seed that can be publicly known or reproduced and independently verified.  The seed of each shuffle is currently neither reproducible or public.
SealsWithClubs would probably do themselves a service to publicly post the link to Poker Maven's description of its RNG / hand-shuffling algorithm on their site's FAQ page: http://www.briggsoft.com/docs/pmavens/Utilities.htm#shuffle  I must have linked to that half a dozen times already.

Micon, do you know if you guys have any plans in the (admittedly far off) future of changing the software over to cryptographically provably fair shuffling algs?
I don't know if this could be done -- they use Poker Mavens on the server side, which is closed-source.  Maybe SwC could somehow have the server write the seeds used for a hand to the hand history, after it is played?  That seems like it's asking for trouble though, if someone managed to get into their server and intercept the hand seed output before a hand has finished.

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Board Beginners & Help
Re: Talked boss into mining in our server closet
by
Wingman4l7
on 29/04/2013, 02:11:30 UTC
If you're just using server CPUs, add my vote to mine LTC instead.
I do not want to have to talk to my boss about LTC after finally convincing him to give some Bitcoin investing a try. [....]
*shrug*  It'd be easy enough I'd think.  All you'd have to say is "Basically the same -- but this crypto-currency mines better on our hardware."
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Board Beginners & Help
Re: Am I got ripped off by Coinbase?
by
Wingman4l7
on 27/04/2013, 22:43:18 UTC
Ask to have your account white listed?  Contact them when a transaction doesn't go through?  what are you suppose to do, email them?
Yup!  Here's the link: http://support.coinbase.com/customer/portal/emails/new
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Board Beginners & Help
Re: Am I got ripped off by Coinbase?
by
Wingman4l7
on 27/04/2013, 04:33:58 UTC
I got ripped too. Stay away from this scam.
The OP just posted that the transaction ended up going through fine.  What happened in your case?

I opened an account with Coinbase a couple weeks back.  I made 2 small buys so far.  The first one went well.  On the second purchase I bought right before the price went way back up and they sent me a notice that they had to cancel that purchase because they thought it was high risk somehow. They suggested trying back in a few weeks.
Usually if you contact them about a cancelled transaction they'll push it through.  They're still training their fraud detection algorithm so that happens sometimes.
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Board Beginners & Help
Re: Am I got ripped off by Coinbase?
by
Wingman4l7
on 26/04/2013, 12:35:01 UTC
I would avoid Coinbase.  My experience is that BTC purchases with them take 5 days.  You don't know what BTC value will be in 5 days.  If the transaction is favorable to Coinbase the transaction goes through.  If it's favorable to you, (a lot of BTC per $), then they say you've been flagged as high risk and cancel it at the last minute.
That's unsubstantiated.

I've read on reddit of people buying BTC then having it delivered even in a rising market. However, I do question there business model.

It's supposed to be buy low sell high, not the other way around. Probably heading for bankruptcy.
Yup, definitely unsubstantiated.  In fact, there was a case on Reddit recently where a transaction was cancelled for fraud when it would have massively been in their favor.  FWIW, I've bought BTC at least twice from them, and when it was delivered it was worth more than the price I purchased it at. 

As for the purchases taking 5 days, there's a perfectly good reason for that, and it's kinda tiresome to keep explaining it -- it's not some huge secret or conspiracy or due to horrible customer service.  You buy BTC from them via ACH bank transfer.  Those typically take 2-3 days to clear (that's the same for ACH transfers from anyone, anywhere).  I think they may tack on another day or two to make sure your ACH bank transfer to them clears without error.  They have to do this to mitigate fraud, as they're dealing with exchanging USD via a reversible payment (ACH transfer) for BTC, an inherently non-reversible payment -- very risky for them.

As for their business model, they make their money off their transaction fees -- and I can imagine ways of handling the transactions so that they would not be exposed to the risks of market swings.
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Board Trading Discussion
Re: No Fee Thursday on Coinbase?
by
Wingman4l7
on 26/04/2013, 06:40:50 UTC
Neither fee was charged on the coins I bought. It it back to normal now, so I am thinking it was a glitch.
Lucky you!  Cool
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Board Beginners & Help
Re: Am I got ripped off by Coinbase?
by
Wingman4l7
on 26/04/2013, 06:36:20 UTC
I've always wondered if sites like Coinbase have a big risk of going out of business due to the volatility of Bitcoin... Is 1% margins really enough to prevent large losses from big price swings?
Not if they function as an exchange where they match up buyers and sellers.
I don't think anyone considers them an exchange, though.
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Board Beginners & Help
Re: Am I got ripped off by Coinbase?
by
Wingman4l7
on 26/04/2013, 06:18:54 UTC
I've always wondered if sites like Coinbase have a big risk of going out of business due to the volatility of Bitcoin... Is 1% margins really enough to prevent large losses from big price swings?
I would say that this depends on the way they handle transactions.
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Board Beginners & Help
Re: Am I got ripped off by Coinbase?
by
Wingman4l7
on 26/04/2013, 04:51:23 UTC
In my experience (and from what I have read), Coinbase is reputable. They definitely have their share of issues but they seem to resolve them eventually.
I agree with yeti_alchemist; I wouldn't worry.

If it does arrive, please post an update anyway!  That way people will be able to see that the situation was resolved properly, and Coinbase doesn't get a bad name for no good reason.
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Board Beginners & Help
Re: Talked boss into mining in our server closet
by
Wingman4l7
on 26/04/2013, 04:42:33 UTC
If you're just using server CPUs, add my vote to mine LTC instead.
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Topic
Board Beginners & Help
Re: COINBASE - Selling control? Shady?
by
Wingman4l7
on 26/04/2013, 04:41:31 UTC
Well, first of all, it's a 24-hour rolling limit.  AIUI, this means that the buy window is open for however long it takes until the limit is hit again.  Depending on demand, this could cause the starting/ending times of the limit to shift.

Several people (myself included) have resorted to using automatic "buy" scripts to try and force an order through the minute the limit lifts.  This has probably caused the window of opportunity for a buy order to be very short-lived.  Sorry, you do what you gotta do!  Grin  FWIW, I bought just fine on a downturn (order went through at ~$85 USD / BTC as it was on its way down to ~$50 USD / BTC), although it took ~600 attempts over the course of ~10 hours.

Maybe the limit lifts prematurely if there were recently enough sell orders to put BTC back in their coffers?  That's totally unfounded speculation, though.
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Topic
Board Trading Discussion
Re: No Fee Thursday on Coinbase?
by
Wingman4l7
on 26/04/2013, 04:30:35 UTC
Not charging the 1% or the 15 cents, or both?

There's nothing on their blog or Twitter feed to indicate fee-free transactions at the moment.
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Topic
Board Gambling
Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts
by
Wingman4l7
on 26/04/2013, 00:56:19 UTC
Please be sure to let us all know when you're playing on SwC, I'm sure many people here would love to play you.   Grin   Roll Eyes
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Topic
Board Gambling
Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts
by
Wingman4l7
on 25/04/2013, 23:51:49 UTC
This is the conclusion I've arrived at after all the research I've done, considering various opinions, and my own careful monitoring of the many thousands of hands I've played during the past year on sealswithclubs.
LOL, another rigtard.  I'm tired of people casually insulting the integrity of the most successful BTC poker site out there.  "Careful monitoring of thousands of hands"?  LOL again -- under 10k hands isn't enough to prove a consistent +/- EV (what do you need: at least 20-30k hands for that?) so it's probably not enough to determine statistical anomalies either.  In any case, how about you put up or shut up?  Show us a graph from hand history software that proves a statistical anomaly.  Opinions?  Opinions are worth nothing.  Numbers are everything.

there is evidence but it's not worth the trouble [...]
Claims made without evidence can be dismissed without evidence.
If you can't be bothered to prove your extraordinary claims, then I posit that you haven't actually bothered to "carefully monitor" your hands at all -- and as such, your claims of rigging are completely unfounded and worthless.  If you had, all you'd have to do is open up your hand history analysis software and take a quick screenshot of a graph.

As WiseOldOwl said, they make money from rake, from everybody.  It'd be ridiculous and stupid for them to rig anything, just like it'd be ridiculous and stupid for Vegas to rig live games.  They don't need to -- they make plenty of money being legit, and risking their reputation to make a few extra bucks would be killing the golden goose.  Hell, they've lowered the rake twice now.  If they were so greedy as to rig the site, why would they have ever done that even once?

SealsWithClubs uses Poker Mavens software, which has a very solid card shuffling algorithm.  Furthermore, it is closed source, and as such they cannot mess with the way it generates hands of poker.
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Board Gambling
Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts
by
Wingman4l7
on 23/04/2013, 03:16:06 UTC
So sick of hearing whining about the game being rigged.  Hell, you can get a simulator to test the shuffling algorithm: http://www.briggsoft.com/docs/pmavens/Utilities.htm#shuffle  That link also explains the shuffling algorithm used, and background on hand shuffling in general.  Trust me, it's solid -- the guy who wrote it definitely knew what he was doing.  It's impossible to rig by manipulating the cards dealt.  End of story.  The client used is closed source, and they'd have to muck with that source to do it -- and anyway, it would be discoverable in hand histories if you ran them through statistical analysis.

As for some sort of crazy colluding, like the site owners telling players at a table what other player's cards are... I think it might technically be possible, I'm not sure -- but I do know, based on the way the client serves up the hands of poker to players, it'd be a huge PITA, would probably lag the gameplay, and of course wouldn't worth the risk.  They make their money from rake, there's no way they'd risk the integrity of their entire site for a few extra bucks.
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Board Meta
Re: The last posting from your IP was less than 32 seconds ago. Please try again lat
by
Wingman4l7
on 22/04/2013, 06:21:05 UTC
It's a longer wait in between for newer members.
Does this rate limiting extend to Jr. Members?  This is really annoying sometimes, especially when you have a typo in your search string and you have to sit there for a minute to be able to search the proper one.  It's doing wonders for my lazy typing that Google's auto-correct has encouraged for so long...
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Board Scam Accusations
Re: [Scammer] nckfor
by
Wingman4l7
on 17/04/2013, 23:15:37 UTC
I get the impression he works at a Starbucks in the US.
What makes you say that?
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Topic
Board Beginners & Help
Re: is there a listing of user classes?
by
Wingman4l7
on 17/04/2013, 21:27:28 UTC
It's unstickied but clearly (i hope it's easy to find) linked to in the main readme post.
I actually looked at that, don't know how I missed it...  maybe because it was called "membergroups" and not "user classes".  >.<