[Phenom Poker] Official Thread
[Phenom Poker] Official Thread
8
zs

[Phenom Poker] Official Thread

Welcome to the official thread for Phenom Poker! My name is Michael Dunlap and I am part of the Phenom team, focusing on

30 November 2024 at 02:03 PM
Reply...

332 Replies

8
zs


by jaykrz m

They've said they are working on it, but haven't given a date or timeline. They are mostly putting ALL their resources on STTs and MTTs.Honestly, this site feels really good in a web browser. The only thing I think is missing is a table popup feature when it's your turn to act and they don't need an actual desktop app to get that to work. It's just a feature they haven't added

Hi, thanks for letting me know. The main reasons would be for table organization and hotkeys from intuitive tables, so i dont have to keep resizing tables and then fold, call, bet hotkeys etc.


by Quanny m

Hi, thanks for letting me know. The main reasons would be for table organization and hotkeys from intuitive tables, so i dont have to keep resizing tables and then fold, call, bet hotkeys etc.

They do have table tiling now for the web client.


And they do have some hot keys, but I don't use them. I can't imagine it being that helpful if they didn't have a pop-up to focus table feature, though. You would have to manually click to set the active table and then use the hotkey.



by jaykrz m

They do have table tiling now for the web client. And they do have some hot keys, but I don't use them. I can't imagine it being that helpful if they didn't have a pop-up to focus table feature, though. You would have to manually click to set the active table and then use the hotkey.

yea, intuitive table auto focuses the table under the mouse to make it active. And those hotkeys look like they are combo keys. with intuitive tables i just press F key and it folds. the tiling for table management works if you are only playing on phenom but if you are playing multiple sites, table organization software fits them into a pre made grid regardless of which site it is so it makes playing multiple sites smooth


How to cashout PHNM token?


by Lmntn m

How to cashout PHNM token?

You get the tokens every Monday from Rakeback during the week, so you must wait until then if you have some Pending. When your Pending rewards turn into PHNM you can then redeem them back to USDT directly to your wallet.

Lmntn you can do this by going to the Redeem tab of the Rewards Manager.

To get to the Rewards manager click here or here:


Then you can type in the amount you want to redeem:



Tyvm

I had no see 'redeem' tab

Ty very much, jaykrz!


Made a deposit 4 days ago. Went through almost instantly.

An hour ago I deposited LTC. Blockchain showed as confirmed however even though phenom poker emailed me saying my deposit succeeded the funds continue to be unavailable.

I emailed support to which they said their development team is aware of the issue.

If they told me initially I would have to wait 60 or more minutes to utilize my deposit I 1000% would not have made the deposit.


by Melodicmuck m

Made a deposit 4 days ago. Went through almost instantly.An hour ago I deposited LTC. Blockchain showed as confirmed however even though phenom poker emailed me saying my deposit succeeded the funds continue to be unavailable. I emailed support to which they said their development team is aware of the issue. If they told me initially I would have to wait 60 or more minutes to u

Update: the dev team fixed the issue, support was super responsive.


If you haven't seen this yet there are ways to look up your or other ppl results on Phenom. There are two ways to do it. Both use my site https://eye4chains.com/ .

First method is more precise but it only works for your own results. It also assumes that you deposit from your personal polygon wallet and not from an exchange.

Set "you address" to the one you use for deposits on the site.
Set "casino address" to the one you are depositing to.

For the rest default stuff should be fine. Except you need to set the number of days you want to look up as you wish. I will plug 7777 and here are my results.


Second method is less precise but allows you to snoop on other ppl too.

First you need to figure out their address on Phenom aka their deposit address. Each time they put money on a table the transfer happens from their address on Phenom to the address 0x37AEFbD92631Ed932f1C1ed355fAc8d2a8EC68DC .

You can look up the recent token transfers to this address on Polygonscan and see their phenom address. Here is the link to the list of those transactions https://polygonscan.com/address/0x37AEFb... .

For example here Mattew Valeo rebuys for 5k and you can see his transaction.




Once you know their Phenom address. You plug it in https://eye4chains.com/ as "your address". And you put as "casino address" the following "0x37AEFbD92631Ed932f1C1ed355fAc8d2a8EC68DC 0xA3f501efa06457e1d16a6ce0E9c7aAA7cCb347B7 0xc10e197e783394d08310f5013f05362a64a891c4".

And for days you can put 7777 again or whatever. Lets try it on the tolyawa's address 0xcca5de01d3300f11c2407f8d03681bb250cdcfe1. He invented this second method and popularized it on his telegram channel

.


His results are not that bad, are they?


1.
When leaving table and come back with full stack...
'seat is not reserved' and cant join table again

Fix this bug.

2.
should to wait 3 seconds to raise, coz after 1-2seconds happining....nothing

Fix this bug too pls.

3. When will be tournaments?


About showing hand strengh

Getting trips, but showing 'trip'


by Lmntn m

1.
When leaving table and come back with full stack...
'seat is not reserved' and cant join table again

Fix this bug.

2.
should to wait 3 seconds to raise, coz after 1-2seconds happining....nothing

Fix this bug too pls.

3. When will be tournaments?

You should join the discord, you can have direct access to the team and they are very responsive. They started testing SNG's this week and you can join the public beta now which will start soon.


by racdbn m

If you haven't seen this yet there are ways to look up your or other ppl results on Phenom. There are two ways to do it. Both use my site https://eye4chains.com/ .

Does this also include revenue share, token redemption, and bonus releases?


by jaykrz m

Does this also include revenue share, token redemption, and bonus releases?
I figured it out, it looks like those come from different addresses. So, they wouldn't be included.

Yes you are right. The second method misses most of miscellaneous transfers.

You can figure out them separately if you really want.
For example you can redeem 1 token and see which address will send you the payment.
I got paid by 0x937b54FD8952A1226CA06591f2b5723A946f3079 so it is probably the same for you.
Now I can plug this address as "casino address" and my address on phenom as "my address" and see how much I got through redeemeptions.


Another thing I can do is to plug some big number say 7777 instead of "casino address" and again put my address on phenom as "my address".
Then I will get all the addresses which my address was ever transacting with. It could help to figure out the miscellaneous transfers if really needed.


I guess the last two addresses are 200$ of bonus and glorious 0.25$ of revenue share.
PS: In general the "revenue share" is a joke. Insiders have like 25KK tokens and players are given some dust.
IMO the whole idea of the token is that insiders get the ability to transfer almost 50% of the rake into their pockets.
While the second 50% is paying for rakeback, referrals, depo bonuses etc and whatever tiny percentage is left is supposed to pay for operating expenses.
Which is prolly > 1KK$ a month. So they just need to continuously find new investors to inject liquidity until they run out of donks.


by racdbn m
by jaykrz m

Does this also include revenue share, token redemption, and bonus releases?I figured it out, it looks like those come from different addresses. So, they wouldn't be included.

Yes you are right. The second method misses most of miscellaneous transfers. You can figure out them separately if you really want. For example you can redeem 1 token and see which address will send you the

There are players with nearly as many tokens as "insiders". moxieman has almost 100k($89, 000 USD Redeemable Value at todays token price) tokens just from playing 4/8 mixed games. That would also pay him about $100/wk at current earnings and put him in the top 50 of all token holders. don't think the token payments are a "joke" at all. Also the tokens have gone up in price 4x and as we all know that's not speculation, that's from revenue generated. You're looking at the dividends now when the site earns 100k/wk.. we're not betting on today we're betting when they've introduced tournaments, sports betting, slots, prediction markets, etc and the site brings in millions a week you could be easily looking at 4+ figure payments a week with as little as 50-100k tokens.

Show me another site who's rakeback pays you $100/wk on top of their redeemable value. Shit my dividend stocks pay me less than phenom and they pay me 1 time a quarter! The "insiders" invested thousands of hours and millions of dollars to get the site to the point it is. I have no issues with them making some money because we're all making money off their work. Most of them didn't get paid a dime for it either and not a single "insider" has sold tokens. This isn't no pump & dump scheme, the phenom team is here to do something different and I'm really really excited for it. It has been the best online poker experience I've had since pre-bf stars days and it's not even close! Just how responsive they are to assistance, issues, etc is unlike any other site i've played on. I've never waited more than an hour for a response. They also release new features/updates/etc almost weekly. Super responsive, and very active team.

You just sound kind of salty because you haven't put in the work to grind out tokens.. Your $600 in redemption means you've grinded out less than 1k tokens and you've been redeeming them instead of holding them. Your loss! But how much do you expect to get paid from dividends when you haven't put in any work to obtain tokens? I'm sure Jungle, Nemo, Isildur(I MEAN COME ON!), and Huckseed all signed on because it was a scheme for insiders.

I've never sold any of my tokens and my rakeback has done a 4x since launch :shrug: and my weekly payments keep climbing. I'm not selling any rakeback until $10+ a token. The dividends are just icing on the cake.. I have grinded out over 5 figures of phenom tokens since the beginning(no where near moxies) and i'm pretty happy with my revenue share for what I've got + redeemable value of my rakeback.. I've earned over 100% RAKEBACK!!!!

I also think you're incredibly wrong with this "need to find investors to inject funding" bit. The site is making nearly a half million dollars a month and it only offers cash games with a very small team.. They're fine, and haven't announced any new funding since launch. All the tokens still sitting in the treasury ready for players.

The other thing I love is how transparent the site is. Find another poker site where the average player knows everything about the financials of the site they play on. You can see EXACTLY how much money the site makes on the blockchain. There are no secrets. Where you can deposit and cashout within 1 minute of each other if you want, in any amount you want. I mean, honestly what's not to like about it?

Meanwhile over on Club WPT gold you can wait 7+ days for your cashout, no rakeback, and get hit with a 1099 even when you cash out less than you deposited. But you do you.


by fluffheadsr m

There are players with nearly as many tokens as "insiders". moxieman has almost 100k($89, 000 USD Redeemable Value at todays token price) tokens just from playing 4/8 mixed games. That would also pay him about $100/wk at current earnings and put him in the top 50 of all token holders. don't think the token payments are a "joke" at all. Also the tokens have gone up in price 4x

So is the goal to never cash in tokens? When u redeem what is redeemable is that the tokens, or it that just rake back? It's kind of confusing to me.


by jungmit m

So is the goal to never cash in tokens? When u redeem what is redeemable is that the tokens, or it that just rake back? It's kind of confusing to me.

It's completely up to you.

You will see two numbers in your rewards section. Pending USDT and Available PHNM. During the week you will earn Pending rakeback under the Pending section. Every Monday, that rakeback turns into PHNM based on the price of the token. This is the main way to earn them. You can not buy them.

- You can choose to redeem them to USDT immediately to your wallet based on the PHNM token price right now it's 0.89.
- You can hold on to them and hope the PHNM token price rises in value. I am hoping tournies will make it jump a lot. Then you can redeem them for more USDT.
- You may choose to hold PHNM much longer because they represent ownership of the site. You earn revenue each week based on the rake that the site earned that week. It's not much now (I am only earning a few bucks), but it could be a nice weekly earn just for holding if the site gets big


by fluffheadsr m

There are players with nearly as many tokens as "insiders". moxieman has almost 100k($89, 000 USD Redeemable Value at todays token price) tokens just from playing 4/8 mixed games. That would also pay him about $100/wk at current earnings and put him in the top 50 of all token holders. don't think the token payments are a "joke" at all. Also the tokens have gone up in price 4x

Well we can look here on who are the holders of Phenom token.
https://polygonscan.com/token/0x35d4F6D8...

The biggest acc seems to contain unused tokens. Out of the rest top 64 holders everyone except two accs got vast majority of their tokens in big round payments. You can take any address, plug it into https://eye4chains.com/ as "To address", set "From address" to "100", select "token by contract address" and "token contract address" as 0x35d4F6D876d6c14775DF8A74b8dE3A699cF458AC.
You will get something like this where all the money came in two big transactions.


So I guess they are investors/insiders. I did the arithmetics. They hold 28,793,860 tokens out of 29,273,925 tokens in use. The remaining ppl hold 480,065 tokens. Investors/insiders hold 98.39% of tokens. And if the token works as it stated they are paid 49.1% of net rake.

My opinion is that you cannot extract from your startup this hard this early. Especially when it is very unprofitable. That's all I wanted to say and I'm fine if you disagree with this opinion. But if you think my arithmetics is wrong or something I'm ready to see yours.

Some reamarks on non-insider holders. Lets look on those two non insiders that hold more than 20k tokens. One of them is Tolyawa with 41k tokens.


So I guess the second one is your boy moxieman with 74k tokens.


As you can see from the pic the address that pays normal rakeback only paid him 28k. So the rest is ether additional prop rakeback or affiliate payments or something else.
Also he lost 35k$ on tables to get those tokens.


So he is loosing with the just normal rakeback and needs his extra stuff to get into profits. And those profits will only be realized if he will be able to cashout his tokens. If tomorrow token redemptions stop then he is just down 35k$.


by jaykrz m

It's completely up to you.You will see two numbers in your rewards section. Pending USDT and Available PHNM. During the week you will earn Pending rakeback under the Pending section. Every Monday, that rakeback turns into PHNM based on the price of the token. This is the main way to earn them. You can not buy them.- You can choose to redeem them to USDT immediately to your wall

Ty


I'm sure one of you blockchain wizards can answer this. what's the amount of PHNM tokes it takes to receive $1 revenue share weekly?


racdbn Why are you constantly complaining?
Just play more and you’ll get more tokens — what’s the problem?
Become an ambassador, and you’ll get tokens too.
Invest early, and you’d have received tokens as well.
But instead, you wrote a useless utility and now you’re here bothering everyone with it. If you’re trying to say that there’s no free money here for people who don’t actually do anything on the site — then yeah… that’s absolutely true.


The marketing for this site seems to be absolutely terrible… even the name of the site gives off this is gonna be full of pros…


by KeepGLOBALfair m

The marketing for this site seems to be absolutely terrible… even the name of the site gives off this is gonna be full of pros…

They have mentioned that there will be a big marketing push. But, right now, they want to get tournaments running.

I suspect once tournaments are running well and the bugs are ironed out, there will be more marketing.


Just signed up and played all day, love the ability play and practice mix games at a low buy-in.

I have concluded that I am dogwater at BigO, but like others in the thread have been saying, it feels much more like regular poker. At one point in time all 6 players were chatting it up at the table. Pretty cool compared to playing at wsop.nv where all I can do is throw a poop emoji at you.

Just going through depositing though, it was easy for me since I'm used to using crypto for poker, but for the average casino poker player/mixed games player, I feel like the developers need to figure out a partnership with some crypto website that makes it so you can just do bank account deposit. Even if it's through a middle man or something -- if I didn't know crypto and had to figure out how to make a wallet and buy USDT specifically on the polygon network and not ethereum and then transfer it, then I wouldn't be using this website to play poker. I imagine that the vast majority of the type of player that you want to play against will not be able to deposit on this site without a middle man to their debit card.


by PIK4CHU m

Just signed up and played all day, love the ability play and practice mix games at a low buy-in.I have concluded that I am dogwater at BigO, but like others in the thread have been saying, it feels much more like regular poker. At one point in time all 6 players were chatting it up at the table. Pretty cool compared to playing at wsop.nv where all I can do is throw a poop emoji

Loving Big O, it's been the main game I have been playing.

The Phenom team has several YouTube videos on their channel to help players with all the steps needed to deposit and withdraw from their Phenom Wallet, but I agree with you. It is the biggest roadblock to getting players on the site.

I've brought up bank account deposits in the Discord. It's a slippery slope because of legal issues.

I believe Coinpoker just added this, so I am not sure how they are getting around the legal issues, maybe it's only available in certain jurisdictions.

Who knows, maybe they can add something like this in the future, but right now all the engineering efforts are going toward Tournaments.

Reply...