Bitcoin Forum

Economy => Gambling => Topic started by: allthebitandbobs on February 15, 2017, 11:45:52 PM



Title: virtual horse raceing interest ?
Post by: allthebitandbobs on February 15, 2017, 11:45:52 PM


https://postimg.org/image/lbr70sc7n/

The numbers on the right First one there last winning rating and the second one the rating they ran in there last race.Number on the far left is the recent form .The numbers in the middle is there ages and weight.

more in-depth horse info
https://postimg.org/image/gnmky7e1t/


tipsters
https://postimg.org/image/ssy19xypj/  



https://postimg.org/image/73uco1qe9/
the correct odds on the far right


here what the races would look like
https://www.youtube.com/watch?v=JccHMfu1NBI

Here is the website .Still in development .Feel free to check out the progress
http://altcoinhorseraceing.com/wp/




Title: Re: virtual horse raceing interest ?
Post by: LuanX3 on February 16, 2017, 02:25:19 AM
Will this be provably fair though? Since you are just gonna make us bet on digital horses, how do we know that the games are not rigged and has a predetermined winner already? That is always a concern for anyone that games in any gambling site. Also, is this gambling site already up and running? Because I see the video you posted is a horse race.


Title: Re: virtual horse raceing interest ?
Post by: ethereumhunter on February 16, 2017, 02:43:56 AM
i think horse race is more complex than the other sports betting because we need to know all about the horse, the team, how good the horse in a match and many more. but i think it sounds interesting to see there is any gambling site that have horse race that available to place a bets and i think maybe many people will be interested too and this could be a way to attracted more customer to make a bets.


Title: Re: virtual horse raceing interest ?
Post by: joshy23 on February 16, 2017, 06:10:00 AM
This sounds interesting. But I think its harder to bet on online horse rather than live horse betting because there's so many variables you have to look at before you can put the bet. And we also need to see what kind of algorithm is being used. If they could explain how do they get the winning horse so that we believe it is not rigged, I might try it because I love horse betting.


Title: Re: virtual horse raceing interest ?
Post by: Dalaseva on February 16, 2017, 06:46:47 AM
I love to bet on horse racing and usually use directbet for this purpose and I would really entertain a new site in the market which offers racing odds plus being virtual is pretty impressive too since we can bet anytime.


Title: Re: virtual horse raceing interest ?
Post by: ImHash on February 16, 2017, 06:53:11 AM
Take a look at yobit their pony race is the same as your idea but we all know it's rigged just like their dice, only way for you to make it fair is to think of some way to prove it's fairness otherwise don't even try it.


Title: Re: virtual horse raceing interest ?
Post by: bajing on February 16, 2017, 06:56:40 AM
Not much people likes bet on horse racing even though real horse racing so I doubt you will get many people bet on your site due this is virtual horse racing, we should know if this fair or not.


Title: Re: virtual horse raceing interest ?
Post by: philiveyjr on February 16, 2017, 07:35:35 AM
I donno mate. Doesnt look like a great idea.  The info on the horses are not enough and it would be really hard to replicate real horse racing. Also, this could easily be rigged and because of that I dont expect a lot of people trying it.


Title: Re: virtual horse raceing interest ?
Post by: Kemarit on February 16, 2017, 07:36:23 AM
Take a look at yobit their pony race is the same as your idea but we all know it's rigged just like their dice, only way for you to make it fair is to think of some way to prove it's fairness otherwise don't even try it.

I don't know yobit had a pony race. If it is rigged then it will not gain
any popularity about gambling players. I also want to know how horse
racing will be provably fair? I saw a land based casino here with horse racing,
I tried to play on it but its really hard to understand because their are so
many factors to have to look at before you put your bet on it so I didn't won any.
So I will only be betting on live horse racing I guess.


Title: Re: virtual horse raceing interest ?
Post by: moooonu on February 16, 2017, 07:41:00 AM
Provably fair system is the main point on all the betting website. See if they provide transparency about that. Many websites have similar games too.


Title: Re: virtual horse raceing interest ?
Post by: kryptqnick on February 16, 2017, 09:18:31 AM
The idea looks amazing and I love these horses you've shown in the video. It looks very perspective to me but I totally agree with what people above said that it is extremely important for a game to be provably fair and for us to be able to see that. Otherwise nobody would trust the game and think of it as of something worth trying. So, if you are planning to make the game fair and not to scam - lots of luck to you with this idea. And somebody said that yobit made such a thing already.. I guess you have to take care about intellectual property rights then.


Title: Re: virtual horse raceing interest ?
Post by: allthebitandbobs on February 16, 2017, 10:10:41 AM
Will this be provably fair though? Since you are just gonna make us bet on digital horses, how do we know that the games are not rigged and has a predetermined winner already?e. Also, is this gambling site already up and running? Because I see the video you posted is a horse race.

no gambling site up yet but it thinking about it  ;D .The horse racing will be easy enough to set up and i will focus on that maybe I can also have people bet on virtual mma fights that will be easy to set up also .I have no benefit personally on who wins the race( unless of course i rigged it which i wont do) . Again any of then virtual casino can be rigged and so could this .I cant see how i can prove i am not rigging it .That seems the big sticky point which is a good point i would like to know the games i betting on are fair and not rigged .I think maybe i can run the same race 10 times on here and they should be different horses winning not the same one over and over.If i am running it live and showing the result live it going to be very hard for me to rigged things to a 100% outcome .

This sounds interesting. But I think its harder to bet on online horse rather than live horse betting because there's so many variables you have to look at before you can put the bet. And we also need to see what kind of algorithm is being used. If they could explain how do they get the winning horse so that we believe it is not rigged, I might try it because I love horse betting.
Well i cant give out the algorithm i not the programmer are good with programming  .Like real races the jockey the course it self some horse preform better on different courses the going how the horse is on the day .The total  ability of the horse ,How the race is run .And also a random element all play there part .

I would really entertain a new site in the market which offers racing odds plus being virtual is pretty impressive too since we can bet anytime.

I guessing people can either bet with the exchange/tote pool  are the odds showed  two options . good idea bud .


Again thanks everybody for there input .I might just try it for fun and see what happens.


Title: Re: virtual horse raceing interest ?
Post by: milewilda on February 16, 2017, 11:01:18 AM
How can we able to know the provably fair on each horses that we would able to bet and how can we ensure that theres no any manipulation on each bet this thing would i like to know and seeing on the video its really great to see with those graphics it does really caught interest of the public.


Title: Re: virtual horse raceing interest ?
Post by: YuginKadoya on February 16, 2017, 12:38:09 PM
I thinking of doing something like it for a bit of fun.Thinking of live streaming 1 or 2 youtube on a Sunday when i have time.I just run it like a exchange /tote and take 3% of total pool.If nobody has  a winner pool will get role over to the next race .If more then one person picks the winner it divided equally among the winners


here what the races would look like
https://www.youtube.com/watch?v=JccHMfu1NBI

Of course you would have to look at the horses form as well to see who to pick ;D

https://postimg.org/image/nb9ebdq4z/
https://postimg.org/image/4ilpjhl2t/
https://postimg.org/image/z9hptcf31/


Just curious would they be much interest

This could be tricky, well if you had a good program skill, I think this kind of betting was great I mean horse betting was OK I use to watch horse race but don't have the interest in betting back then but I think I'll make a go if I could see that virtual horse is really fair, I have seen your pictures name of the horses and their trainer was put on it and the odds that the chance of a horse could win and with the physical condition of the it, and by putting list of tipster was a great idea, well will be waiting for this.


Title: Re: virtual horse raceing interest ?
Post by: Slark on February 16, 2017, 01:29:29 PM
While the idea of virtual horse racing is good, but at the same time, I don't think this rather niche game will become popular enough to generate any revenue for the house.
If you really have access to graphical engine showed in the video, then maybe it will be redeeming factor and key to popularity of your game.
Because I've seen before some virtual horse racing attempts, and graphically they were worse than SNES era games.


Title: Re: virtual horse raceing interest ?
Post by: ralle14 on February 16, 2017, 02:14:52 PM
Take a look at yobit their pony race is the same as your idea but we all know it's rigged just like their dice, only way for you to make it fair is to think of some way to prove it's fairness otherwise don't even try it.
I don't mean to derail the thread but I think yobit's pony race isn't rigged because they show proof and calculations of how fast each pony are going during the race.

The video that op shared looks like the same with sportsbet's virtual horse race.


Title: Re: virtual horse raceing interest ?
Post by: piloder on February 16, 2017, 02:30:56 PM
I don't mean to derail the thread but I think yobit's pony race isn't rigged because they show proof and calculations of how fast each pony are going during the race.

The video that op shared looks like the same with sportsbet's virtual horse race.
Yes you are right pony race yobit have is probably fair because it can be verified.

@OP i don't think your idea is interesting because people don't like to bet on digital horse racing which is streamed by some random guy and they even can't know the source of that video.


Title: Re: virtual horse raceing interest ?
Post by: izanagi narukami on February 16, 2017, 03:51:48 PM
I think horse betting is unique Gambling type so they will still interest some gambler, but IMO they have less interest as they have high odds ( it's difficult to win as the winner is unpredictable

I'm ever bet on sport betting and the result is lose although my odds was 1,95x


Title: Re: virtual horse raceing interest ?
Post by: LFC_Bitcoin on February 16, 2017, 03:53:39 PM
I hate virtual horse racing, I used to have a few bets at fiat bookies when I was placing soccer parlay's. I think I only ever won about twice.

;D


Title: Re: virtual horse raceing interest ?
Post by: Mike Mayor on February 18, 2017, 03:34:58 PM
The only place I know thst does this is yobit and they habe a massive player base since they an exchange. I still think you should pursue this as it is something s little different from most gambling/betting sites. You will habe to prove thst the code for the virtual horses cannot be manipulated though. Also its not like real horse racing where some horses you know will do well because of their past race history. I dont think it would work with virtual horse racing as they would need AI. But if its always random then its ok.


Title: Re: virtual horse raceing interest ?
Post by: stomachgrowls on February 21, 2017, 03:20:22 PM
The only place I know thst does this is yobit and they habe a massive player base since they an exchange. I still think you should pursue this as it is something s little different from most gambling/betting sites. You will habe to prove thst the code for the virtual horses cannot be manipulated though. Also its not like real horse racing where some horses you know will do well because of their past race history. I dont think it would work with virtual horse racing as they would need AI. But if its always random then its ok.
Yes yobit does really have this game and that horse racing is very basic regarding on the graphics that have been used but still its a hit and been played by most users of yobit site.You are right this thing should really be pursue since it would be a big hit when people finds out about the fairness of each race or to the horses itself.


Title: Re: virtual horse raceing interest ?
Post by: rivoke on February 21, 2017, 03:32:53 PM
I can't find something fair or easier to predict the result so horse racing doesn't interest me at all
It's just like you're playing gambling site with high odds with low chance of winning


Title: Re: virtual horse raceing interest ?
Post by: Kprawn on February 21, 2017, 05:36:53 PM
Why horses, make it something more interesting.. dogs, rabbits or virtual pigeons.  ;D We have the same thing, over and over again and it's

getting boring. You will also not attract any traffic if you cannot show proof that it is provably fair and that would be your biggest challenge.

I have a friend that does this for a living, and he says knowing the jockeys and the whole pedigree of the different horses makes it more

interesting for him. He is not gambling when he is betting on these horses, but rather applying his knowledge and experience. { according to

him }


Title: Re: virtual horse raceing interest ?
Post by: fravia on February 21, 2017, 10:57:28 PM
I can't find something fair or easier to predict the result so horse racing doesn't interest me at all
It's just like you're playing gambling site with high odds with low chance of winning
because it is just like an ordinary gambling, there is no way to guess whether the horse is going to win or not, it is like dice with the house edge, we cannot do anything about it to beat it.


Title: Re: virtual horse raceing interest ?
Post by: ethereumhunter on February 22, 2017, 01:31:37 AM
I can't find something fair or easier to predict the result so horse racing doesn't interest me at all
It's just like you're playing gambling site with high odds with low chance of winning
because it is just like an ordinary gambling, there is no way to guess whether the horse is going to win or not, it is like dice with the house edge, we cannot do anything about it to beat it.

horse racing is something interesting because its almost the same with sports betting that we should have many good info about the team, in this situations, we should get many info about each horse so we can choose the horse to place a bet. i think as long as we have a good info, then we can predict with right although this is not guarantee for us to win, at least the chance for us is more than 50% to win.


Title: Re: virtual horse raceing interest ?
Post by: Mike Mayor on February 26, 2017, 08:54:45 PM
The only place I know thst does this is yobit and they habe a massive player base since they an exchange. I still think you should pursue this as it is something s little different from most gambling/betting sites. You will habe to prove thst the code for the virtual horses cannot be manipulated though. Also its not like real horse racing where some horses you know will do well because of their past race history. I dont think it would work with virtual horse racing as they would need AI. But if its always random then its ok.

It not really random .A real good virtual horse will will the race 8/9 out of 10 times if the race was run 10 times ..Again there so many factors that determine a winner i feel people will enjoy it .Also watching  the races live will also add a bit of spice it be fair and fun since i will stream it live .Here is my youtube channel mickeyhartmma@gmail.com subscribe to me and i will give you a link to the live races .I think i will run the first ones this Sunday to see how popular it is and to see if there is any bugs  and such .Official website not up yet .I still waiting for the payment to go through to the hosting company .

I will post the races that will be running and  and time of start   shortly .I will post as much info as i can on here like the examples

Ues but dude. These are not real horses and riders. What you saying is that each horse and rider will habe different stats that makes one better then another but what about if people figure out which horse to pick. 9/10 is 90% If you bet the same amount every time you will make so much money. You would make 1000% - 100% if the payout was 2:1 .