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Matt you hit the nail on the head. People like to think that if you can build a winning bot you can easily run it on a dozen computers and rake in millions of
by matt1 17y ago
Matt you hit the nail on the head.
People like to think that if you can build a winning bot you can easily run it on a dozen computers and rake in millions of dollars. In reality, the logistics of running such an operation are prohibitively difficult--at least if you want to stay within the bounds of the law.
- loglaunch 17y agoare you planning on writing the next in the series soon? pretty interesting.
- matt1 17y agoYeah, soon. Anything specific you want to hear about?
- lliiffee 17y agoWhy was it so bad as to be comparable to eating glass?
- matt1 17y agoWhat I meant was that building a bot is worse because you don't realize immediately that it's a bad idea, unlike eating glass. This topic is important and deserves a long discussion--its one of the main things I want to write about in the future.
- mattmaroon 17y agoYeah, I've gone through much of the rest of the process before between bonus abusing casinos, running a rakeback site, and my own poker play. Once upon a time Party Poker offered a guaranteed 10% APR on all balances up to $10k, paid out monthly given a certain relatively small level of pay. I imagine their multiple account detection process back then was relatively crude compared to what Stars has now, but it caused me some pain. And I know Full Tilt is very good at it now.
- matt1 17y agoHonestly I didn't even bother trying setting up multiple accounts. The money was a nice, but it really wasn't the primary goal. Plus, in order to maximize profits I would have had to tread in a lot of murky waters that I didn't want to be near. For example, say you have a roommate run the bot. How do you get the profits from his poker account into your bank account? Not as easy as it might seem.
- mattmaroon 17y agoPro-tip: the legal solution to the roommate dilemma is limited power of attorney :)
- LargeWu 17y agoBut since online poker winnings are technically illegal in the US, doesn't that invalidate any legal standing over them, similar to how gambling debts are unenforceable?
- mattmaroon 17y agoOnline poker winnings are not illegal in the US. Playing online poker (or any form of gambling other than sports betting) is provably illegal only in a few states. But in those states, perhaps. I never had to pay an attorney to review that :)
- aidanf 17y agoWhat was your bot's ROI and over how many games?