- The poker room offers cash games only, where you “buy-in” for free and, when you win, the winnings are used to place bids for prizes in daily auctions, which award both real money and prizes.
- Players can also upgrade to premium accounts for an improved experience, and more play chips can be purchased in the store.
New subscription poker site LiveAce goes online today allowing players in the US in 31 states to play online poker for free with the chance to win real money and prizes.
Like existing free-play and sweepstakes sites on the market, LiveAce’s freemium revenue model consists of “Club Live Premium” memberships, in-game advertisements, and free-chip purchases for real money.
However, LiveAce is taking a different route to the standard sweepstakes tournaments: The poker room offers cash games only, where you “buy-in” for free and, when you win, the winnings are used to place bids for prizes in daily auctions, which award both real money and prizes.
Upon launch, the site offers No-Limit Hold’em, Limit Hold’em and Pot Limit Omaha games.
In addition to announcing their launch, LiveAce has also signed World Poker Tour and two-time WSOP bracelet winner Andy Frankenberger to be the site’s first sponsored pro.
The browser based online poker site gives new players a base amount of starting chips to get in a game with. If you go broke, they’ll top you off, once per day, to keep you in action. If you’d like to be the big stack at the table, or want to play higher-buyin games, LiveAce offers you the ability to purchase additional chips as well.
LiveAce premium membership gives members access to additional chips, custom avatars, real-time odds calculator, hand histories plus an ad-free playing experience.
The site, which allows for play on desktop or mobile device, hopes that, because they are giving value to chips that are won in-game, that the play is going to more closely resemble a real cash game.
