hansgeertsma
561 posts
Joined 05/2009
Time Link to 00:21:51
one thing not mentioned but certainly important is that the rake is killing on everleaf network, they have a 5% cap up to €5,- on euro tables and $3 cap on dollar tables. Most of the games that run though are € tables.... the 40% rakeback only makes up for a small part of this rake. games are soft though
Posted 9 months ago
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rrumsey
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rrumsey
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thisfool
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entelechy
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SCS
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ocd193
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goldseraph
Coach
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Joined 03/2008
wish you went more into the tournies that run, like bodog and the 100K guarnt and things like that
Sorry about that. I don't play tournaments, I know next to nothing about the tourney scene especially on these small sites, and wanted to keep the video under an hour. I figured that basically nothing very big runs since I hear almost zero tourney buzz on Cake or Merge. Please feel free to postl the big tournies for these sites that you know of 
Posted 9 months ago
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goldseraph
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rrumsey
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hansgeertsma
561 posts
Joined 05/2009
at minted poker(everleaf) only small tournaments run but they're incredibly easy to beat so for any MTT grinder trying to build a roll it's really worth it to addsome of these small stakes tournaments to their schedule. Most value are the $5 and $10 rebuys... HEM doesn't work on tournaments (if somebody knows how to fix this let me know).
micro stakes are unbeatable due to the high rake so it's better to pick an other site for cash games...
Posted 9 months ago
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bellatrix
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Joined 12/2007
goldseraph
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bellatrix
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Joined 12/2007
Thanks for clearing that up Bellatrix - do you know what Cereus' timetable or latest announcement on cashouts to US players is?
Nope, really all in turmoil there. They have supposedly entered an agreement with the DOJ a few days ago (the one Tilt and Stars entered just a few days after Black Friday). However, they found themselves immediately in violation of it, since they were still allowing real money play from americans on their site. Furthermore, they are challenging the DOJ on the indictments, citing Antigua WTO regulation stuff (I'm not a lawyer).
It has become pretty clear, they don't have the money. The got hit pretty hard. After all, 3 billion was seized, 1.5 billion for stars, 1 billion for FTP and .5 billion for Cereus. Well, Cereus was way smaller than a third the size of Stars and half the size of FTP, so they were hit disproportionally. Then there is a lot of speculation about the actual money, where it is located (Cereus seems to be valuated at ~300 million before Black Friday). They are definitely leaving Costa Rica. Whether it is to leave to Panama to build a better leaner UB/AP or take the money and run is up for grabs.
So, the company is falling apart, naturally the cashouts for US players is like very very far away if at all. Cereus money is valued at around 12-20 cents on the $, while FTP is around 75-95 (for americans).
Posted 9 months ago
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Diodor
363 posts
Joined 11/2008
" After all, 3 billion was seized, 1.5 billion for stars, 1 billion for FTP and .5 billion for Cereus. "
That's what the DOJ asked for as reparations. I haven't seen any information about how much was actually seized.
Posted 9 months ago
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atf2190
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hansgeertsma
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bellatrix
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" After all, 3 billion was seized, 1.5 billion for stars, 1 billion for FTP and .5 billion for Cereus. "
That's what the DOJ asked for as reparations. I haven't seen any information about how much was actually seized.
Yes, true. I assume they used proportional amounts on the frozen funds, though. Note that neither Cereus or FTP had segregated accounts, while Pokerstars did thanks to Isle of Man regulations. It might just be sloppy accounting (please, please let this be it)...
Posted 9 months ago
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goldseraph
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goldseraph
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ocd193
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Wesss
8 posts
Joined 02/2011
i have been cashing out my roll for a while on merge with check option (carbon in particular). They hold true to their 4 to 6 week time frame (closer to 6). But with a max of 2500$!!
So it sucks some but I have recieved several checks from merge since Black friday w/o any issues besides the wait but at least they tell you it takes this long.
Posted 4 months ago
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Swim_Fan85
21 posts
Joined 01/2012
I wonder how people get set up as prop players on Cake....? (as mentioned in the video)
Also, I'm glad you mentioned how much difference it makes whether you have rake calculated by hands dealt vs. by contributions to the pot. I much prefer the hands dealt method since I fold most of my hands.
Posted 23 days ago
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Pinko Panther
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Joined 04/2011