Updated: Oct. 7, 2013
Launched on August 15, 2013, LiveAce is a U.S. Based completely legal internet poker option for U.S. Players.
LiveAce LLC, Greeley Square Station, Box 20028, New York, New York 10001.
LiveAce, unlike the other legal subscription sites uses live Ring Games to accumulate chips to win Cash for their players.
No Tournaments are played on LIVEACE, you can quit whenever you wish while at the tables, finish with a winning session and use your Live Chip winnings to win Cash prizes......
Player traffic is increasing daily, a week ago the 1/2 tables were the only active games.You can now find some very busy 2/4 and 3/6 tables running, this is a very good sign for all players.
I have seen over 100 players at the tables, and the nightly auctions are seeing 90 to 100 bids every day. There are plenty of players and winners on LiveAce
October 7, 2013 evening ring lobby on Live Ace
Ring Games include: NLHE, FLHE and PLO starting with 1/2 limits.
Winning Cash is easy, buy into any ring table and finish with more chips than you started with....Buy-ins are as low as 120 chips, anytime you stop with more than 120 chips you win Live chips.
You can win as little as 1 live chip at a table and bid for $1 that night, you just may win your buck.
You can bid for any even dollar amount from $1 to the total prize ($500 or $1000) auction pool that day.
Live chips can be used to bid on the daily Auction. Cash prizes offered every night on LiveAce.
The Auction is held at 9PM Nightly and results are displayed instantly. You will receive a e-mail telling you of your success or if you did not win your bid.
If your bid was not a success, the live chips will be put back into your account and you can try again tomorrow.
It looks like most successful bids are in the 30+ live chip per dollar range, so if you go for a $5 prize, you'll need to have a bid of about 150 live chips to be a winner.
Oct 7, 2013 Update: Live chip bids for Cash have been increasing with player traffic, a winning bid is now in the 60 to 75 LC range.
Here are a few Auction results for the last couple of days:
|8/20/13 9PM EDT||$500||41.62 LC/$||90 bids||26 winners|
|8/19/13 9PM EDT||$500||37.50 LC/$||93 bids ||33 winners|
|8/18/13 9PM EDT||$1,000||32.70 LC/$||93 bids ||49 winners |
|8/17/13 9PM EDT||$1,000||30.20 LC/$||82 bids ||51 winners |
Cash Prizes paid on LiveAces:
Monday to Friday $500 total each night, Saturday $1000 total and Sunday $1000 total.
You bid based on your live chip count, I won a few chips (over 200) on August 16th then I bid on Saturday night...I won my bid and received $5 for 200 live chips.
Live Chip history and Auction Results
Past Auction Results
You'll notice that the weekday Auctions only pay $500 in total, you'll want to bid a little more those days.
Weekends, Saturdays and Sundays will pay out $1000 so it would seem that smaller bids will result in cash payouts.....
Check out the lowest accepted bid rates, the current bid rate has been just over 30 live chips per real dollar paid.
All new Members on LiveAce will get 1 week of full membership to test out the software and play. You have the option of joining or playing for free on LiveAce.
Club Live Memberships Start at $24.99 a month,
However if you Sign-up now from our site,you will get a ONE WEEK FREE BONUS and 10% off the regular Price of Membership..........................
That's Right, You will get 1 week of full Membership for Free and can sign on at a 10% sign-up Discount.........
Membership Rates (at 10% Discount)
Monthly $22.49, 3 Month Rate of $58.49 or One Year at $215.99 ** Best Deal Possible **
You do not have to sign-up for membership to play, you can play for free, you can even just buy additional chips with no other commitment to LiveAces.
Live Ace accepts all Major Credit Cards (Visa, M.C., AmEx and Discover) and Dwolla
Player Chip Packages
You do not have to pay to play, you can play for free, however there are some limitations on your account when you are a free member.
Once your initial 7 day free trial is over, you will be limited on your chip top-ups to only 200 chips per month.This can limit your play options.
Play wisely and protect your chip bankroll. When you win at the tables, your live chips won can be used for further play at the tables or for you to bid on the daily auctions.
When playing the free games, It would be best to let your live chip wins accumulate,so you can keep playing and only bid on the auctions when you have a large chip bankroll.
Try to maintain a 10 buy-in bankroll for the 1/2 tables (1200 live chips), this should be enough to overcome any bad runs of cards while playing and use anything over that amount to bid on the auctions.
LiveAce is operating legally under the Sweepstakes laws of most U.S. states.
You will have no issues buying into or collecting anything from LiveAce.com
You must be at least 18 years old, you will be required to prove identity and legal residence to collect winnings.
The first time you win cash or a prize, you must submit a form W-9 and one of the following valid forms of identification: a U.S driver's license, U.S. state ID card, U.S. military ID, or U.S. passport.
States where LiveAce is legal:
Alaska, Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Maine, Maryland, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin, Wyoming.
The Software is more than adequate, being a flash play-No download platform you can play LiveAces anywhere, on a PC, Tablet or Smart phone what could be easier?
One interesting feature on all tables (check out the table views below) is the Handmaker Drawing odds, you will see all your drawing odds for sets, straights, flushes and full houses on every hand after every card. These are shown as a percentage (%) chance and change after the turn and river.
Just watch for the green graph bars, the greener the better........
Play is very quick, but there is a noticeable flaw on showdowns--they seem to happen in a flash of a second and sometimes it is hard to figure out exactly what happened and who won......other than that play is good.
It is no big deal but when playing PLO your opponents will only show 2 hole cards, it's a minor, but noticeable detail.
Omaha Table (note only 2 hole cards for opponents)