That was fun while it lasted, CoinPoker removed flat rakeback. Combine this with 5%, 10bb cap rake which is pretty much highest among all the sites, they might have just shot themselves in the leg.
They have similar approach as GG: advertise other means to get rakeback: splash pots and missions.
Splash pots are extra money to the pot, but that money is taken from previous hands. 0,1bb is taken from every pot, and that money is given back as splash pots. So eventually, there is no "extra" money. Yeah, a good player might win more than bad ones in splash pots when adjusting correctly to the splash. But I'm quite sure this doesn't have a huge impact. And it's definitely not a "rakeback" as you back the money that was taken from you earlier.
Missions are a nice concept, give playable tasks that credits rewards. The problem is that missions are not the same for all, nor even to everyone. They use "dynamic" processing, which means that no missions for winning players. I haven't seen a single mission so far.
So it's market high rake, with leaderboard as only rakeback.
Yes for me the problem with these sites is mostly it starts from too high buy-in. I believe GG lowest stakes is a weird β¬0.25 Mystery Tournament where the rhythm of the tournament changes in the middle and everyone is like 10bb shallow. I hope to reach β¬0.25 NLHE buy-in level soon but Unibet starts at β¬2 I believe and also KKpoker. PokerStars recently removed everything below $0.50 and also the $0.48 FLHE cashgames completely.
For them I think they run less games at higher stakes, costs maybe less for them, but isnt as community-building as I would currently prefer. Of course would be nice to play 5β¬ buy-in on multiple sites but I want way bigger roll for that. And just increasing bankroll alot isnt always easy,
In poker there is one thing that I don't understand. I think I have a pretty good understanding how recreationals think, but this one baffles me over and over again.
A situation where recreational calls a shove with weak hand, while he should understand that he is behind. Like with a naked gutshot on turn, when opponent shoves pot. When facing a pot bet with a naked 4-outer gutshot (board might be suited, removing even one out) they call, and then use EV cashout with their 10% equity. Why?
Are they secretly wishing that opponent was bluffing with air and somehow their Ten high hand is the best? Or are they so lost on probabilities that the 10% comes as a surprise to them? I understand that cashing out is to get something back instead of losing it all, but why call in the first place if you don't "feel hitting the gutshot"? Just fold and save a lot more money than with the cashout.
I somewhat understand it if you have a legitimate hand and just happen to face the top of opponent's range, and cut the losses. But calling a bit bet with naked weak draw is not one of those.
And stunning update: I got a mission that gives 25-30% rakeback. Weird coincidence, that as soon as I complained about it in their Discord, they added one on Saturday. But I'll take it!
Yes, paying to reduce variance, im usually more like: ready to take the hit! I should be prepared mentally! (at least on sites I played the EV cashout costs)
I open, a good customer 3bets oop with 3% 3bet frequency. I call, flop is 953ss and I have 55 in hand. Opponent bets, I raise and he calls. Turn is a blankish T, he chcks, I pot and he shoves. I was expecting to see AA or AAss, but he shows 9986r. And all of his previous 3bets have been AA. For some reason he gets a vision to 3bet that crap, and then hits the pretty much perfect flop. And even slowplays his top set.
That's a normal day in the office with good customers, but there's so many things that just clicks on his favor and his bad play gets rewarded with a huge pot.
July has been very quit in poker for me. Have been enjoying summer and holidays. Went back to tables today, and got this beauty. I am not sure if I have had Royal with cheese ever before, might be once.
Originally posted by Kyyberi
July has been very quit in poker for me. Have been enjoying summer and holidays. Went back to tables today, and got this beauty. I am not sure if I have had Royal with cheese ever before, might be once.
Monday was indeed a good day in poker. Tuesday was horrible, and as always there was one player in the tables who just kept hitting the perfect setups versus me. Today was not better either, setups after setups. And of course I lost two BIG pots with nutboats to straight flush and quads. And in both hands the opponent was noted for overplaying non-nutty hands so stacking off with nutboat is a no-brainer.
Have to be happy to be breakeven for Mon-Wed period after taking two days of beating.
Tomorrow I'll go to Assembly, one of the biggest gaming convention in the world. Last year I slept in the hall on matress, but this year I am happy to spend money for a hotel room. That floor thing is for youngsters, not for me!
Summer is crazy, as Alexa sings it. I played VERY little poker at June, July or August. First there was the summer, then the works started and it has been a busy first month.
In our last Primetime livestream we hunted Bomb Pots on CoinPoker. Played a bit today and got the perfect example of how people make huge mistakes in them:
There is 5bb splash in the pot. And even the small splashes make people go gamble mode. Just shows how most players are quite lost on probabilities, pot odds and equities. They think that splash is free money and is enough of a reason to gamble.
Opponent is high VPIP recreational, and at least for me that small splash money made it easier to ship it on the flop. It doesn't really affect the odds, but it affects the opponent's range. It makes is wider, and therefore our own hand is a bit stronger than in non-splash pot. We might be here in a really bad shape against QQ, but then again we have good equity vs almost everything else.
In BombPots you want to have solid equity on one board and some equity on the other. Mediocre equity on both is very dangerous, especially if there are 2 or more opponents coming along. Here we were against one, as opponent pots the flop and next players folded. I raise pot to isolate him, and the money went in. He has good equity on top board, but about 0% for the lower one. That's a horrible stack off, as he is fighting for half the pot, which is his own money back. Now I have the bottom board locked and 35-40% on the top board.
As said in the steam, I love BombPots, as it's un-solvered territory. Back to old school poker, we have to think about strategy instead of just getting it handed out. I hope sites create more of these new ideas, as I think that recreationals also like them. So they keep the online poker ecosystem a bit more healthy for a bit longer time.
I love uncharted territories... if I had time I would go tenting in unknown forest.
You would have loved the job I had in my 20s.
I was doing prospecting for resource companies, in the wilderness of Northern British Columbia. A helicopter would fly two of us out to a remote region with all our gear and enough food for a week.Β One week later, the helicopter comes back and moves us to a new location.