Hello everybody, the next freeroll will be held tomorrow. Not the usual announcment post, the freeroll details below.
Before that: the account has been in use for more than 2 weeks, so the time has come to switch from the usual 10 HIVE total prize pool / freeroll to the distribution of post rewards from 2 weeks ago.
For complete clarity, I will describe what this means in practice.
It includes 4 posts, the announcement and result post of the Wednesday and Saturday freerolls 2 weeks ago.
30/08 Wednesday Announcment
30/08 Wednesday Result
02/09 Saturday Announcment
02/09 Saturday Result
| Post | Rewards |
|---|---|
| Wed 1 | $1.67 |
| Wed 2 | $0.91 |
| Sat 1 | $1.36 |
| Sat 2 | $0.85 |
| Total | $4.79 |
From the half of $4.79 (approx. 18 HIVE), $2.40 (approx. 9 HIVE) worth of HIVE, HP and HBD, not all goes to the reward pool.
In order to get liquid Hive in time to pay the freeroll prizes, I use :
The cost of this is 1%. The liquid Hive reward for voters is also set to 1%. (The default setting is 4%, I am still thinking about resetting it or increasing it to 2-3%, since not all voters will receive this voter reward. The min. voter threshold is around $0.2 in order to receive a voter reward.)
90% of post rewards go through .
The remaining 10% is the traditional way, 50-50%. So 5% of the post rewards continue to build the account until it reaches a comfortable level, where without using the
, simply using 'power down', we will get enough liquid Hive in time be available to pay out freeroll winnings.
So 93-4% of all post rewards go to the prize pool of freerolls 2 weeks later.
Since the conversion rate ranges quite widely due to the nature of crypto, I will simplify this. Obviously, all the actual HIVE balance will be paid off this week, which is approx. 17 HIVE at the moment(some of the HBD is still in exchange) and it is higher than the actual post rewards income, because of the previous few posts, what left on account from unknown Hive username's participation and what were sent from .
The prize pool of the freerolls will therefore be 8.5-8.5 HIVE this week. (In the future, I may always round the amount down to a whole number, for the sake of simplicity, it will be paid to the players anyway.)
As I can see, the minimum prize pool amount will be around 5 HIVE/freeroll. The total winnings for the next week are already over 10 HIVE. Personally, in the near future, I'm trying to add as much value to the account as possible, which brings together the minimum 20 HIVE / week (10 HIVE / freeroll) post rewards, and further growth depends on the players, community, and voters. Here, on behalf of all players, I would like to thank for his continuous support, even though he cannot play the Saturday freerolls. Thank you!
I appreciate any recommendation regarding possible curation programs, receiving upvotes. The HP delegation is not a real option, but any token staking could be. Actually, the DHEDGE, DVS service used (the only one, what I know for sure in practice, how it works).
I think that the usual, the final table paid places (first 6 players), is a suitable system for a while. I would also keep the percentages, if you have a different opinion, feel free to share your suggestions in the comment section.
- 40%
- 25%
- 15%
- 10%
- 5%
- 5%
Sorry, it was a bit long. In the future, I will only show the post links and rewards from 2 weeks ago, as well as the total prize pool for the current week.
Back to poker!
When? 13/09/2023 Wednesday 21:00 UTC (17:00 ET ; 23:00 CET)
Where? Rebel Poker
Password: Wednesday
Here you can find a short description of the site including how to register. (You need only an email.)
There is a browser version, also you can download the app to all popular platforms.
Prizes? 8.5 HIVE tournament prize 10k STARBITS for participation.
Important: If you pick a different username on RebelPoker, please let me know in the comment section below!
For those who are new to Hive, I recommend reading this post.
For those of you who are new to poker and would just like to try it, for now I can recommend the Internet to familiarize yourself with the game and its rules or these 2 posts: post1 post2.
You can already register for the tournament, late registration is available for up to 30 minutes. The structure:
The 8.5 HIVE prizes will be paid among the first 6 in this proportion:
3.4 HIVE
2.1 HIVE
1.3 HIVE
0.8 HIVE
0.45 HIVE
0.45 HIVE
Good luck and see you at the tables!
Images are owned by Rebel Poker.