LiveAce.com, a unique US online poker room featuring rake-free cash poker games and daily auctions, was launched in Aug 2013. Ever since its launch, the poker site has given away thousands of dollars in cash prizes. LiveAce.com is perfectly legal in the District of Columbia and 31 US states. The site has sponsored several poker pros, and the first pro to sign a sponsorship deal with the site was Andy Frankenberger, winner of the World Poker Tour (WPT) Player of the Year title and a World Series of Poker (WSOP) bracelet.
Interested players can register an account at LiveAce.com for free and play a wide range of popular poker games such as Limit Hold’em, No Limit Hold’em, and Omaha. LiveAce.com runs on a sophisticated software platform that allows players to play either on their mobile devices or on their desktops.
LiveAce.com works in a simple manner. Each registered players is given a starting chip stack. Any chips that players win at the poker tables are converted into live chips, which players can use to buy-in to other poker games or win real money prizes.
LiveAce.com has developed a unique way of holding cash auctions to distribute cash prizes. Daily, LiveAce.com gives away as much as $1000 in auction prizes, and players can bid on the entire prize pool or part of it using their live chips. If players do not win any cash prize in the auction, the poker site returns the live chips to their account, which means that the bidding is an absolutely risk-free activity. If players win any cash prize in the auction, it is transferred to a secure cash account, where players can request a payout. The online poker room processes withdrawals within two working days through Dwolla or check.
LiveAce.com’s unique auction system generates more cash prize winners than any online poker tournament. Only ten percent of the total player field will win cash prizes in a poker tournament, but as many as 75 percent of the total player field will win cash prizes in LiveAce.com’s cash auctions. Since LiveAce.com is an online poker site that uses live chips, players stand the chance of winning as many as thousands of dollars every month.
Though the basic membership is free, players will have to pay to gain access to LiveAce.com’s Club Live, which pampers them with custom avatars, higher chip awards every month, hand history, real-time odds calculator, and much more.