Money Bridge on BBO!
#141
Posted 2006-March-13, 00:49
FG and i have decided to start with a 5-point-per-player-per-hand fee, minimum 2 cents, no fee for passouts. We will pass transaction charges onto the players for deposits/withdrawals. There won't be any such charges for people who pay/withdraw w/checks(on US banks). Paypal charges us in the neighbourhood of 3-5% for deposits
http://www.paypal.com/cgi-bin/webscr?cmd=_...ay-fees-outside
If this doesnt make any economic sense for us or for you we'll tweak it later. I like Hrothgar's word, "transparency", and Justin has convinced us that our first thought (10 points per player) was not reasonable.
None of this is set in stone, but it seems like a reasonable place to start.
#142
Posted 2006-March-13, 02:02
#143
Posted 2006-March-13, 06:20
Deanrover, on Mar 13 2006, 06:02 PM, said:
Unsubstantiated sweeping statements like these are of no value to this discussion.
Please explain why BBO Inc "would be making a very big mistake if it didn't"
nickf
sydney
#144
Posted 2006-March-13, 06:49
nickf, on Mar 13 2006, 12:20 PM, said:
Deanrover, on Mar 13 2006, 06:02 PM, said:
Unsubstantiated sweeping statements like these are of no value to this discussion.
Please explain why BBO Inc "would be making a very big mistake if it didn't"
nickf
sydney
Well I believe that a significant part of BBO's clientelle will also be online poker/casino/backgammon etc. players. By FAR the most popular conduit to transfer funds from one site to another is via neteller. AFAIK, NONE of these sites even accept paypal, and I suspect lots of only gamblers will have neteller accounts and not paypal (I online have a paypal account because I use Ebay). I also believe that neteller has lower fees than Paypal, although I am only 90% sure of this. Yes, people could get by without neteller, but BBO should want to make their service as easy as possible to access and use.
Dean
#145
Posted 2006-March-13, 07:49
One reason we can accept credit cards is that we can accept credit cards (they are not legal for use with casinos. This is a primary reason for contortions like neteller, AFAIK. Another is that neteller says it indemnifies the vendor from fraud by the player.)
We'll undoubtedly accept neteller at some point in the future, if MB turns out to be popular.
You don't/won't need a paypal account to use a credit card on BBO. Paypal is simply the processor who validates the credit card for us. Similarly, you've never needed a paypal account to add BB$
#146
Posted 2006-March-13, 08:18
The reason I use neteller is that enables me to transfer from one site to another without incurring exchange costs. If I had to withdraw my $ account to my debit card and then deposit from my £ account with the same card every time it would get highly expensive....neteller removes this significant cost for me. I'm not sure but I think neteller processes my money faster - my bank account takes a few days to process foreign currency transactions. I am also more secure having my money in neteller - I think it is much less likely someone will get hold of my neteller details than my debit card details.
Neteller is also excellent at protecting against fraud - they will freeze your account if they notice a deposit from an unusual IP address. Further, since you say online casinos/poker rooms don't accept credit cards, and this will remain the case for a long time - lots of your users will have significant amounts of money online/in neteller, but not on their credit cards. For these people, the use of neteller would be sweet.
#147
Posted 2006-March-13, 08:23
Quote
They charge ~3% to the merchant for each incoming deposit. The poker sites (and the one backgammon site) shield the user from this fee (and presumably make it up with higher table fees )
Anyway: I will take a look at these guys once I know it is worth the time and cost to do so.
#148
Posted 2006-March-13, 08:26
#150
Posted 2006-March-13, 09:04
uday, on Mar 13 2006, 10:48 AM, said:
PayPal never charges you to transfer money out of your account, either to another person's PayPal account, or to your checking account.
PayPal also does not charge fees whenever money is transferred into your PayPal account from your own checking or savings account.
PayPal does charge a fee for someone else to put money into your PayPal account (i.e. a buyer sends the seller payment for an auction).
Cheers,
Carl
Carl
#151
Posted 2006-March-14, 09:37
I am ready and waiting to test it out now, if anyone is up for it.
#152
Posted 2006-March-14, 09:51
#153
Posted 2006-March-14, 10:17
Another thing - please enable GIB to claim! It uses this facility excellently in its original form, if you could allow it to do this on BBO, not only would it mean happy customers, but also more hands/hr = more $ to you!
e.g. this hand just played
West North East South
- Pass 1NT Pass
2♦ Pass 2♥ Pass
3♣ Pass 4♥ Pass
4NT Pass 5♣ Pass
6♥ Pass Pass Pass
C4 CA C5 C8
H6 H4 HJ HA
C6 CK H7 C9
S2 SA S5 S4
H2 H8 HQ H9
CQ S8 S3 C2
CT DT HK C3
D4 D8 DK D6
D5 D7 DA D9
SK S9 SJ S7
D3 DJ HT DQ
H5 S6 D2 C7
H3 SQ ST CJ
Really not necessary to play this one out. (OK OK, I only included this one to show off my lead, you got me.......)
Other feedback - the move to have GIB take a couple of seconds minimum per move has been implemented excellently. It feels much more natural now, and the risk of UI is greatly diminished.
Dean
#154
Posted 2006-March-16, 05:09
1D (1H) X P
3S (4H) 5H P
5S P P X
Partner, the negative doubler and 5H bidder held:
AKxx
AKxxx
x
xxx
5H was booked for -1100
Similarly, the sequence
1NT P 6D P
7NT all pass
1NT opener and opening leader were GIBs, and partner had AKQx of hearts to lead from.
#155
Posted 2006-March-16, 09:06
There can be "subtle appearing" errors when looking through the database but these can manifest themselves in glaring ways, as you point out.
It will be interesting to see if BBO money players are willing to dismiss this sort of mistake by rationalizing how it all evens out in the end.
Cheers,
Carl
ACBL Library Used Bridge Books
Carl
#156
Posted 2006-March-16, 10:31
mr1303, on Mar 16 2006, 01:09 PM, said:
1D (1H) X P
3S (4H) 5H P
5S P P X
Partner, the negative doubler and 5H bidder held:
AKxx
AKxxx
x
xxx
5H was booked for -1100
What is wrong with this sequence? 5H is a cue-bid in support of spades for me, and I would make the same bid.
Arend
#157
Posted 2006-March-16, 10:54
cherdano, on Mar 16 2006, 05:31 PM, said:
You would not penalty double instead?
--Sigi
#158
Posted 2006-March-16, 11:59
Sigi_BC84, on Mar 16 2006, 06:54 PM, said:
cherdano, on Mar 16 2006, 05:31 PM, said:
You would not penalty double instead?
--Sigi
I think it is too likely we have slam. If the bidding so far makes sense, there is a lot of distribution on this deal, so 6S looks more profitable than 4H X (and a grand is possible). It depends on the vulnerability, of course.
Arend
#159
Posted 2006-March-16, 13:01
cherdano, on Mar 16 2006, 11:31 AM, said:
mr1303, on Mar 16 2006, 01:09 PM, said:
1D (1H) X P
3S (4H) 5H P
5S P P X
Partner, the negative doubler and 5H bidder held:
AKxx
AKxxx
x
xxx
5H was booked for -1100
What is wrong with this sequence? 5H is a cue-bid in support of spades for me, and I would make the same bid.
Arend
What about the strange 3♠ bid? 2♠ would be invitational, and 4♠ is the way to force to game. Is 3♠ really natural in this sequence? Are you sure the 1♥ bid wasn't actually 2♥?
As for whether to double or explore for slam, it probably depends on the vulnerabilities. Also, I'd be worried about the ♣ suit.
#160
Posted 2006-March-16, 13:55
At speed-setting=fast, "book bidding" is turned on for GIB.
At medium and slow, it is not. I'll publish all the settings we use once they're locked in.
Gib claimed, when i re-ran the hand, that
2S
That bid shows: 3+ D; 4+ S; 15-17 points
3S
That bid shows: 3+ D; 11-21 HCP; biddable S; 12-22 points
with book bidding, it always made a slam try, forcing to 5S.
Without book bidding, it signed off at 4S when opener bid 2S and it made a slam try when opener bid 3S.