Bitcoin Forum

Economy => Gambling => Topic started by: socialbet on March 10, 2019, 06:57:50 PM



Title: SocialBet.io :: Know how are we going to monetize a casino with TRUE ODDS
Post by: socialbet on March 10, 2019, 06:57:50 PM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We have an announcement today. We have completed implementing a cashier and already published. Now you may deposit and try to win some real coins.

So go ahead, enjoy the game and feel how it is when you play with true odds.

We are still in beta and like water and air, we need your feedback, criticism and suggestions.

Good luck at socialbet.io (http://socialbet.io)


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Bitinity on March 10, 2019, 09:09:11 PM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?



Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Pedro12528 on March 10, 2019, 09:18:19 PM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet (http://socialbet.io) into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io (http://socialbet.io), try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io (http://socialbet.io)

0% house edge and KYC procedure are really strange, I would abstain from playing here until there are some reviews from old users


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 10, 2019, 10:13:00 PM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?


Thank you for your feedback! I and my team are very excited to answer the first question in our thread ))

Quote
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:
We were waiting for the question. We are preparing an article, where we shall explain how we are going to monetize our project.
Don't think just about profit. Our mission is to eliminate the house edge. You may consider us, as the first anti-casino in the world. BTW, we hope to get some donates from the community. So, if you really bother about our monetization, go ahead and donate us a small sum

This is the first hours of our beta period. We want to hear the voice of the community as we want to build a fair gaming platform without any third wheel. You asked a really important question about KYC. I have already forwarded this feedback to our legal team. Actually, there is not any KYC now, as we are in the beta period. We shall review your feedback with our legal team and I think, there will be some changes.

Quote
There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?
Nope. This is bots. We are still testing the platform. We will remove them, as the cashier will be added

Thank you for testing our game. We are hungry for such critics


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 10, 2019, 10:25:47 PM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet (http://socialbet.io) into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io (http://socialbet.io), try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io (http://socialbet.io)

0% house edge and KYC procedure are really strange, I would abstain from playing here until there are some reviews from old users
Do not be surprised. As the beta period ends, it will be possible to gamble without paying the house edge. We are a new platform, so I don't think you may find any old users.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: tippytoes on March 10, 2019, 11:05:43 PM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet (http://socialbet.io) into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io (http://socialbet.io), try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io (http://socialbet.io)

0% house edge and KYC procedure are really strange, I would abstain from playing here until there are some reviews from old users
Do not be surprised. As the beta period ends, it will be possible to gamble without paying the house edge. We are a new platform, so I don't think you may find any old users.

I think what he meant by his statement is, he will wait for the old timers here in the forum to check your site and have a feedback on their experience. They might give a good insight on what's going on. Of course, there will be no old users as you are just launching this site.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Carollzinha on March 11, 2019, 12:37:52 AM
Loved your site's layout, it gives an immediate good impression.

Maybe you should add some information on the site itself mentioning its a beta and has bots for testing purposes.
Especially at the home page so a new user quickly gets that information.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Carollzinha on March 11, 2019, 02:22:29 AM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Carrelmae10 on March 11, 2019, 06:31:42 AM
..just visited the site, and it's nice,,simple and easy to use,,but it is static,,maybe you need to improve more the site to make it more attractive to gamblers..and i think you need to improve more some of your site and indicate that you are still on a pilot stage to minimized bulk of questions..


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 06:37:06 AM
Loved your site's layout, it gives an immediate good impression.

Maybe you should add some information on the site itself mentioning its a beta and has bots for testing purposes.
Especially at the home page so a new user quickly gets that information.

Thank you. We tried hard to bring the right mood :)


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 06:46:14 AM
I dont believe in the 0% house edge because all we know that game needs an income.
Yes, we know it is hard to believe. But it is real :) We have spent months developing SocialBet (http://socialbet.io). And we want to assure you, that the house edge is officially removed from our platform.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 06:57:17 AM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.

I think we shall make a lot of changes in SocialBet (http://socialbet.io). But 1 thing will never change. House edge won't have a place in our platform. We hope, that community will donate us as we want to build a better world. Also, soon we shall publish an article with more details about our monetization.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: davis196 on March 11, 2019, 07:19:29 AM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?



Rule 20 is just common sense.I'm suprised that they put this in their Terms of service.Every player has to pay taxes for his winnings.Gambling profits are an income and they are taxated in every normal country.
I don't understand the thing about KYC.How they will keep and use the sensitive info from all users,if they don't generate enough revenue to pay for better security.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Pedro12528 on March 11, 2019, 09:06:06 AM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.
For sure, but maybe is the house edge is 0% - there may be doubts about games provably fair.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: dark08 on March 11, 2019, 09:20:31 AM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet (http://socialbet.io) into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io (http://socialbet.io), try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io (http://socialbet.io)


Wow a 0% house edge its that true? this is the only gambling site that I heared to offer a 0% house edge, by the way it there any Ann thread to read about the goal of your project?

Your site has a clear layout I will register to this site to try some games.

https://i.imgur.com/c7VAAff.jpg


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: okala on March 11, 2019, 09:21:49 AM
Socialbet should be ready because this feature of no house edge over betting on the platform will make socialbet if not the first gambling site with this decentralized feature, and that will attract attack from the other gambling and betting site's who will see this feature not appealing to their business.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Haunebu on March 11, 2019, 09:40:09 AM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.
For sure, but maybe is the house edge is 0% - there may be doubts about games provably fair.
It is possible to check whether the games are provably fair or not on our own which is why I don't understand your doubts in this aspect.

The KYC process is a bummer and I hope that Socialbet will get rid of it since this whole 0% house edge concept sounds interesting and I will look forward to the development of this site.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: traderethereum on March 11, 2019, 09:53:29 AM
https://i.imgur.com/nYzr2q3.jpg

How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin? ???
It makes me a shock to see that amount. Is that so easy to win a big amount?

After all, the site was easy to load, and it doesn't take a long time to open a full page.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 11:03:52 AM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet (http://socialbet.io) into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io (http://socialbet.io), try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io (http://socialbet.io)


Wow a 0% house edge its that true? this is the only gambling site that I heared to offer a 0% house edge, by the way it there any Ann thread to read about the goal of your project?

Your site has a clear layout I will register to this site to try some games.

https://i.imgur.com/c7VAAff.jpg


Thank's for your feedback! We proud ourselves to be the first 0% house edge platform.

Quote
Wow a 0% house edge its that true? this is the only gambling site that I heared to offer a 0% house edge, by the way it there any Ann thread to read about the goal of your project?

Yes, we know about problems with the mobile version. Our next step is to make our site mobile friendly. We are a team of enthusiasts and need your feedbacks and if you like our mission, please donates us and we promise to build the best & fair gambling platform in the world.

P.S. Find more about us and our mission at socialbet.io/about-us (http://socialbet.io/about-us)


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: jazmuzika217 on March 11, 2019, 12:31:20 PM
https://i.imgur.com/nYzr2q3.jpg

How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin? ???
It makes me a shock to see that amount. Is that so easy to win a big amount?

After all, the site was easy to load, and it doesn't take a long time to open a full page.

Look suspicious that's a huge amount to win but it look like a testnet for the site? I will review this gambling site by the way is there any free coins to test your site? You have a 0% house edge compare to other gambling site I hope it that true.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: slaman29 on March 11, 2019, 12:51:09 PM
When I saw 0% house edge I immediately thought surely there is a commission or fee taken on everything but hey, it doesn't seem to say so on the site, or can someone show me I'm blind and point it out?

It's not the first time someone has tried this, by the way, for all you "gambler" posters who claim this is the first time you've ever seen it. Google 0% house edge and see what I mean.

OP the burning question you haven't answered is "Why on earth KYC"?


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 02:33:30 PM
https://i.imgur.com/nYzr2q3.jpg

How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin? ???
It makes me a shock to see that amount. Is that so easy to win a big amount?

After all, the site was easy to load, and it doesn't take a long time to open a full page.

Look suspicious that's a huge amount to win but it look like a testnet for the site? I will review this gambling site by the way is there any free coins to test your site? You have a 0% house edge compare to other gambling site I hope it that true.


Yes, we are in beta and still testing the platform. Anyone who registers gets fake money to test our game. Also, we use bots to test performance and that huge wins belong to them


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Gozie51 on March 11, 2019, 02:48:14 PM
OP the burning question you haven't answered is "Why on earth KYC"?


Yes this is important for OP to clear. I also don't know the reason for that and it is going to make gambling difficult for gamblers.


Anyone who registers gets fake money to test our game.

That's cool, I guess the fake money seem like demo gambling ?

Also, we use bots to test performance and that huge wins belong to them

Are you talking about the fake money or real money because you saying huge money belong to them  ;D

Meanwhile, I hope the bots are reliable too...


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: coinplus on March 11, 2019, 04:05:02 PM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 04:40:10 PM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.

You are right in case if we have been a classic casino. But we aren't. Think about us as an ANTI-CASINO. We are not a house, we are a platform where gamblers meet gamblers. We do not need donations to cover the bank. We need them to push the project, create new games and add awesome features.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: AhmadM on March 11, 2019, 06:17:46 PM
I have visited your site several hours ago and from my honest opinion, the site has good UI. I just curious about the game so I decided to register an account there, then I got 1 BTC (fake amount) for test the game.

It was my games history and I was tried all of time-based games on there. I don't have any problem with the game but at the moment I believe almost 99,9% of players are bots (for game testing) maybe only me who is the human just now lol  ;D


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 07:47:25 PM
I have visited your site several hours ago and from my honest opinion, the site has good UI. I just curious about the game so I decided to register an account there, then I got 1 BTC (fake amount) for test the game.

It was my games history and I was tried all of time-based games on there. I don't have any problem with the game but at the moment I believe almost 99,9% of players are bots (for game testing) maybe only me who is the human just now lol  ;D

Thank you for testing  :)


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Caladonian on March 11, 2019, 07:49:50 PM
https://i.imgur.com/nYzr2q3.jpg

How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin? ???
It makes me a shock to see that amount. Is that so easy to win a big amount?

After all, the site was easy to load, and it doesn't take a long time to open a full page.

Look suspicious that's a huge amount to win but it look like a testnet for the site? I will review this gambling site by the way is there any free coins to test your site? You have a 0% house edge compare to other gambling site I hope it that true.


Yes, we are in beta and still testing the platform. Anyone who registers gets fake money to test our game. Also, we use bots to test performance and that huge wins belong to them
Good for testing your site, the fake money will allow players to navigate and enjoy all the games that you have offer, it's better to inform
the community about this testing ground, I visited your site and checked the terms and condition, in my understanding users needs to
prove he's already in a legal age, meaning to say you will going to ask proof such ID's ?

Waiting for some clarifications about KYC procedure.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: AmoreJaz on March 11, 2019, 08:11:04 PM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.

You are right in case if we have been a classic casino. But we aren't. Think about us as an ANTI-CASINO. We are not a house, we are a platform where gamblers meet gamblers. We do not need donations to cover the bank. We need them to push the project, create new games and add awesome features.

in time, we will know if this approach will be sustainable to this platform?
do you have contingent plans in case it will not make so much noise in the gambling community here?
understandably at first, you can get players but in the long-term scenario people always look for the better. they will jump from one platform to another. aside from boasting the 0% house edge, any other aspect that you are looking at that will help you survive in this industry?


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 08:31:30 PM
Thank you for your question about KYC. I have got an answer from the legal team.

Quote
KYC is a legal necessity in case of gambling, although in cases of transactions with a small amount it may be escaped.
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th

Your feedback did help :) We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 11, 2019, 08:40:58 PM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.

You are right in case if we have been a classic casino. But we aren't. Think about us as an ANTI-CASINO. We are not a house, we are a platform where gamblers meet gamblers. We do not need donations to cover the bank. We need them to push the project, create new games and add awesome features.

in time, we will know if this approach will be sustainable to this platform?
do you have contingent plans in case it will not make so much noise in the gambling community here?
understandably at first, you can get players but in the long-term scenario people always look for the better. they will jump from one platform to another. aside from boasting the 0% house edge, any other aspect that you are looking at that will help you survive in this industry?

Big things have small beginnings :) We have a great team, long-term plans, and ambitious ideas. We are going to deliver innovative games with smart contracts.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: omonuyak on March 11, 2019, 08:55:43 PM
https://i.imgur.com/nYzr2q3.jpg

How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin? ???
It makes me a shock to see that amount. Is that so easy to win a big amount?

After all, the site was easy to load, and it doesn't take a long time to open a full page.

Look suspicious that's a huge amount to win but it look like a testnet for the site? I will review this gambling site by the way is there any free coins to test your site? You have a 0% house edge compare to other gambling site I hope it that true.
we are waiting to  hear what is your finding about this gambling site after your reviewing.  I hope it will be positive as I like those huge amount of bitcoin in winning.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: AmoreJaz on March 11, 2019, 09:02:10 PM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.

You are right in case if we have been a classic casino. But we aren't. Think about us as an ANTI-CASINO. We are not a house, we are a platform where gamblers meet gamblers. We do not need donations to cover the bank. We need them to push the project, create new games and add awesome features.

in time, we will know if this approach will be sustainable to this platform?
do you have contingent plans in case it will not make so much noise in the gambling community here?
understandably at first, you can get players but in the long-term scenario people always look for the better. they will jump from one platform to another. aside from boasting the 0% house edge, any other aspect that you are looking at that will help you survive in this industry?

Big things have small beginnings :) We have a great team, long-term plans, and ambitious ideas. We are going to deliver innovative games with smart contracts.

very positive approach i would say!
so lets start the party!!! lol

and since you got attention from the community because of this 0% house edge promo thing, you need to make sure that your kyc thing will not be an obstacle for them to get on board. as you promised, make it simple as possible so i dont know how simple that would be??


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: milewilda on March 11, 2019, 10:16:42 PM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.

You are right in case if we have been a classic casino. But we aren't. Think about us as an ANTI-CASINO. We are not a house, we are a platform where gamblers meet gamblers. We do not need donations to cover the bank. We need them to push the project, create new games and add awesome features.

in time, we will know if this approach will be sustainable to this platform?
do you have contingent plans in case it will not make so much noise in the gambling community here?
understandably at first, you can get players but in the long-term scenario people always look for the better. they will jump from one platform to another. aside from boasting the 0% house edge, any other aspect that you are looking at that will help you survive in this industry?

Big things have small beginnings :) We have a great team, long-term plans, and ambitious ideas. We are going to deliver innovative games with smart contracts.

very positive approach i would say!
so lets start the party!!! lol

and since you got attention from the community because of this 0% house edge promo thing, you need to make sure that your kyc thing will not be an obstacle for them to get on board. as you promised, make it simple as possible so i dont know how simple that would be??

0% House edge is really attractive but OP didnt answer on how they would profit out on such manner? Its impossible and i cant think of things on how they monetized on such thing yet
gambling site is a business and would really need to make profits (maintenance, staffs,bankroll add-up).

When i do read up about KYC required then it already give me the feels of losing interest and most gamblers would feel the same.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: panjul07 on March 11, 2019, 10:21:37 PM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.

It seems that you did not visit the site before comment, this site is offering a lottery type game where players gamble against other players.
Indeed no matter it is pvp based game or usual game vs the house, the casino should have a house edge or at least fees from the games. Waiting for donations from the players wont work for long time. I'm sure it wont survive this way.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 12, 2019, 09:22:10 AM
So wait a minute, you are going to make a zero house edge casino and you are going to hope that donations will keep it alive? How does that work ? I mean zero house edge means you could totally lose millions of dollars with a lucky streak from a whale (depending on the max bet), are you going to just cover that with donations ? You think you will get that much donations ?

Zero house edge never worked in the casino space ever before and there is a reason for that, casinos are not making the house edge 1% (or lower/higher) just for profits, they are doing it to make sure they don't bankrupt. There are casinos with positive house edge that lost money because of lucky rolls from gamblers, thinking you can find a way out of it is just a silly dream that would not work with just donations.

You are right in case if we have been a classic casino. But we aren't. Think about us as an ANTI-CASINO. We are not a house, we are a platform where gamblers meet gamblers. We do not need donations to cover the bank. We need them to push the project, create new games and add awesome features.

in time, we will know if this approach will be sustainable to this platform?
do you have contingent plans in case it will not make so much noise in the gambling community here?
understandably at first, you can get players but in the long-term scenario people always look for the better. they will jump from one platform to another. aside from boasting the 0% house edge, any other aspect that you are looking at that will help you survive in this industry?

Big things have small beginnings :) We have a great team, long-term plans, and ambitious ideas. We are going to deliver innovative games with smart contracts.

very positive approach i would say!
so lets start the party!!! lol

and since you got attention from the community because of this 0% house edge promo thing, you need to make sure that your kyc thing will not be an obstacle for them to get on board. as you promised, make it simple as possible so i dont know how simple that would be??


Thank you very much! The house edge removal is not a promo. It is our mission! :) Everyday we are working hard to make our platform better.
KYC is an important thing to keep us legal. After feedback from the community, we made research again and found that most of the successful bitcoin gamblings do have KYC.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: Haunebu on March 12, 2019, 09:24:41 AM
Thank you for your question about KYC. I have got an answer from the legal team.

Quote
KYC is a legal necessity in case of gambling, although in cases of transactions with a small amount it may be escaped.
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th

Your feedback did help :) We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.
You are missing the point completely. Making the KYC process simple does not matter since doing away with it is the only way that majority of the gamblers including me would show any sort of interest in your website.

Get rid of the KYC requirement asap if you want your website to attract more attention.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: beardybear on March 12, 2019, 11:59:40 AM
Thank you for your question about KYC. I have got an answer from the legal team.

Quote
KYC is a legal necessity in case of gambling, although in cases of transactions with a small amount it may be escaped.
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th

Your feedback did help :) We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.
You are missing the point completely. Making the KYC process simple does not matter since doing away with it is the only way that majority of the gamblers including me would show any sort of interest in your website.

Get rid of the KYC requirement asap if you want your website to attract more attention.

Hello. I am the founder of SocialBet. This KYC did a noise in the last days :)
I want to understand the problem. I see that people ask to remove KYC and says that they won't play in bitcoin casino that has KYC, but at the same time, they use signatures of casinos that have KYC. For example, I may see in your signature STAKE.com. Check their terms and you'll find the same KYC in the 6th point.
https://stake.com/terms-of-service

The KYC is not so scary thing :) We do not want to use it against the community. We won't force our players to verify their identity. This point is just to keep us legal and to avoid problems in future.
We want to make our platform the best one. Your feedback is very important as we build our platform for you!
If you know a good standing casino, that does not have a KYC option in their legal docs, please send a link. We will investigate.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: steampunkz on March 12, 2019, 12:29:36 PM
I visited the site, Why do I see the winners are all bot in the leaderboard section? Are the prices real?, I see there is free 1 btc to play? COOL! The sites are played by bots?


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: bering on March 12, 2019, 02:19:36 PM
Hello. I am the founder of SocialBet. This KYC did a noise in the last days :)
I want to understand the problem. I see that people ask to remove KYC and says that they won't play in bitcoin casino that has KYC, but at the same time, they use signatures of casinos that have KYC. For example, I may see in your signature STAKE.com. Check their terms and you'll find the same KYC in the 6th point.
https://stake.com/terms-of-service

The KYC is not so scary thing :) We do not want to use it against the community. We won't force our players to verify their identity. This point is just to keep us legal and to avoid problems in future.
We want to make our platform the best one. Your feedback is very important as we build our platform for you!
If you know a good standing casino, that does not have a KYC option in their legal docs, please send a link. We will investigate.
KYC could be very sensitive for some people because during gamble they want their identity still hide and it's more comfortable to them to gamble anonymous and i'm not try to defend stake.com but during my experience when playing at there as far i know stake.com allowed withdraw players money without using KYC but indeed they deserve asking KYC only for particular case


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 12, 2019, 04:36:04 PM
I visited the site, Why do I see the winners are all bot in the leaderboard section? Are the prices real?, I see there is free 1 btc to play? COOL! The sites are played by bots?

Thank you for testing our site.
Yes, we use bots in beta. They are helping us to test the site. We value the platform performance and still doing updates every day :)


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: salsa321 on March 12, 2019, 05:20:52 PM
Good luck to you :) nice UI i like it


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 12, 2019, 09:24:15 PM
Good luck to you :) nice UI i like it

Thank you :)
I will pass your words to our Director Art. He will be glad to hear this))


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: dunfida on March 12, 2019, 10:25:40 PM
Thank you for your question about KYC. I have got an answer from the legal team.

Quote
KYC is a legal necessity in case of gambling, although in cases of transactions with a small amount it may be escaped.
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th

Your feedback did help :) We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.
You are missing the point completely. Making the KYC process simple does not matter since doing away with it is the only way that majority of the gamblers including me would show any sort of interest in your website.

Get rid of the KYC requirement asap if you want your website to attract more attention.

Hello. I am the founder of SocialBet. This KYC did a noise in the last days :)
I want to understand the problem. I see that people ask to remove KYC and says that they won't play in bitcoin casino that has KYC, but at the same time, they use signatures of casinos that have KYC. For example, I may see in your signature STAKE.com. Check their terms and you'll find the same KYC in the 6th point.
https://stake.com/terms-of-service

The KYC is not so scary thing :) We do not want to use it against the community. We won't force our players to verify their identity. This point is just to keep us legal and to avoid problems in future.
We want to make our platform the best one. Your feedback is very important as we build our platform for you!
If you know a good standing casino, that does not have a KYC option in their legal docs, please send a link. We will investigate.

On stakes terms

6. KNOW YOUR CUSTOMER (“KYC”)
Stake reserves the right, at any time, to ask for any KYC documentation it deems necessary to determine the identity and location of a User. Stake reserves the right to restrict service and payment until identity is sufficiently determined.


Most people arent aware on this thing and i agree to your point on here that KYC thing can happen or be asked on such situations.


I visited the site, Why do I see the winners are all bot in the leaderboard section? Are the prices real?, I see there is free 1 btc to play? COOL! The sites are played by bots?
They are still on test phase.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 13, 2019, 06:32:21 AM
Thank you for your question about KYC. I have got an answer from the legal team.

Quote
KYC is a legal necessity in case of gambling, although in cases of transactions with a small amount it may be escaped.
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th

Your feedback did help :) We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.
You are missing the point completely. Making the KYC process simple does not matter since doing away with it is the only way that majority of the gamblers including me would show any sort of interest in your website.

Get rid of the KYC requirement asap if you want your website to attract more attention.

Hello. I am the founder of SocialBet. This KYC did a noise in the last days :)
I want to understand the problem. I see that people ask to remove KYC and says that they won't play in bitcoin casino that has KYC, but at the same time, they use signatures of casinos that have KYC. For example, I may see in your signature STAKE.com. Check their terms and you'll find the same KYC in the 6th point.
https://stake.com/terms-of-service

The KYC is not so scary thing :) We do not want to use it against the community. We won't force our players to verify their identity. This point is just to keep us legal and to avoid problems in future.
We want to make our platform the best one. Your feedback is very important as we build our platform for you!
If you know a good standing casino, that does not have a KYC option in their legal docs, please send a link. We will investigate.

On stakes terms

6. KNOW YOUR CUSTOMER (“KYC”)
Stake reserves the right, at any time, to ask for any KYC documentation it deems necessary to determine the identity and location of a User. Stake reserves the right to restrict service and payment until identity is sufficiently determined.


Most people arent aware on this thing and i agree to your point on here that KYC thing can happen or be asked on such situations.


I visited the site, Why do I see the winners are all bot in the leaderboard section? Are the prices real?, I see there is free 1 btc to play? COOL! The sites are played by bots?
They are still on test phase.

Thank's for feedback


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: Supercrypt on March 13, 2019, 08:20:00 PM
The difference is when stake says the KYC could be required it is literally only on cases that look suspicious or different, for example a person who used VPN to gamble from out of their country and than logged in 10 minutes later from their country and if the amount is big than and only than stake COULD ask for information and even than they usually don't.

I have bet on primedice for years now (probably close to what 5 years now?) and ever since stake started and never had any request to provide ID at all. If you are going to do it the same way than its fine but if you are going to ask KYC for every single winner all the time and make it harder for winners to withdraw their money than know that you will have very very few gamblers on your website and will eventually cease to exist.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: peonminer on March 13, 2019, 11:30:12 PM
I visited the site, Why do I see the winners are all bot in the leaderboard section? Are the prices real?, I see there is free 1 btc to play? COOL! The sites are played by bots?
Is this all in beta test mode? Something just doesn't add up. It seems too fishy. I have seen other sites like this that offer amazing player v player betting like this and they were not an honest operation. If you require KYC, where is your casino registration, company registration, etc. ? https://socialbet.io/about-us


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: slaman29 on March 14, 2019, 05:59:26 AM
OP thanks for responding to the question about KYC. However, I don't think it's a reasonable justification. You say that you want to do this legally, so KYC is for legal reasons, but you're not on a license, and you're not in a gambling jurisdiction that requires KYC. If you are, where are they?

Also, you said research and feedback from people is that KYC is important and makes a successful casino. You must have researched the wrong people and wrong casinos. Us Bitcoin gamblers don't like KYC. And the great Bitcoin sites who have been around for 5 years don't do KYC.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 14, 2019, 07:08:35 AM
The difference is when stake says the KYC could be required it is literally only on cases that look suspicious or different, for example a person who used VPN to gamble from out of their country and than logged in 10 minutes later from their country and if the amount is big than and only than stake COULD ask for information and even than they usually don't.

I have bet on primedice for years now (probably close to what 5 years now?) and ever since stake started and never had any request to provide ID at all. If you are going to do it the same way than its fine but if you are going to ask KYC for every single winner all the time and make it harder for winners to withdraw their money than know that you will have very very few gamblers on your website and will eventually cease to exist.

We are not going annoy our users and will use the KYC only in suspicious cases.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: jazmuzika217 on March 14, 2019, 07:58:04 AM
The difference is when stake says the KYC could be required it is literally only on cases that look suspicious or different, for example a person who used VPN to gamble from out of their country and than logged in 10 minutes later from their country and if the amount is big than and only than stake COULD ask for information and even than they usually don't.

I have bet on primedice for years now (probably close to what 5 years now?) and ever since stake started and never had any request to provide ID at all. If you are going to do it the same way than its fine but if you are going to ask KYC for every single winner all the time and make it harder for winners to withdraw their money than know that you will have very very few gamblers on your website and will eventually cease to exist.

We are not going annoy our users and will use the KYC only in suspicious cases.

Thank you for the response OP since this is clarified now I will register to your site to try some games is there any free coins in your site? I see something that got a lot of win is this a real player ?
By the way I will be back to write a feedback to your site.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 14, 2019, 08:11:29 AM
The difference is when stake says the KYC could be required it is literally only on cases that look suspicious or different, for example a person who used VPN to gamble from out of their country and than logged in 10 minutes later from their country and if the amount is big than and only than stake COULD ask for information and even than they usually don't.

I have bet on primedice for years now (probably close to what 5 years now?) and ever since stake started and never had any request to provide ID at all. If you are going to do it the same way than its fine but if you are going to ask KYC for every single winner all the time and make it harder for winners to withdraw their money than know that you will have very very few gamblers on your website and will eventually cease to exist.

We are not going annoy our users and will use the KYC only in suspicious cases.

Thank you for the response OP since this is clarified now I will register to your site to try some games is there any free coins in your site? I see something that got a lot of win is this a real player ?
By the way I will be back to write a feedback to your site.

We are in the beta testing stage. No real money yet :)


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: upsidedown75 on March 14, 2019, 11:26:49 AM
Well, if you say you will not annoy your users with KYC than I do not think it will be a problem. I mean KYC is required for stuff like identification and authorization so you would know the person really owns that account and not faking it.

Think of it like the basic security is having a password that is not 1234 and than having a bit further security is having 2FA on google auth and having further security is phone sms each time you log in but if you have the top most one its KYC for weird movements in an account, if a person has KYC all ready and prove that they own the account its fine if he did used VPN for example and looked like logging from all kinds of different countries but if a person gambles normally without anything weird and you ask it than it becomes annoying. As long as you do not annoy them, nobody will care about it I can assure you that.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: panjul07 on March 14, 2019, 11:37:21 AM
We are in the beta testing stage. No real money yet :)

So how long the beta test is going to run? I tried some bets already with the fake balance (1BTC)
Since it is a beta testing stage, why you dont offer something like beta testers and give rewards to those who are participating? Lets say you run a small competition with the fake balance/play money during the beta testing stage and who will have the highest balance will win small amount of real money. Surely you may ask some feedback or bug report if any. Just a suggestion.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 14, 2019, 12:00:11 PM
We are in the beta testing stage. No real money yet :)

So how long the beta test is going to run? I tried some bets already with the fake balance (1BTC)
Since it is a beta testing stage, why you dont offer something like beta testers and give rewards to those who are participating? Let's say you run a small competition with the fake balance/play money during the beta testing stage and who will have the highest balance will win small amount of real money. Surely you may ask some feedback or bug report if any. Just a suggestion.


We did but we may ask again :)
Please test us, as your feedback will shape SocialBet into an ultimate user-friendly and player-facing environment.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: kaya11 on March 14, 2019, 03:24:17 PM
So how would the site get income when it has 0 house edge? I think there should be some, they just want attention and when the time comes  they would collect uncertain amounts of BTC.
It's simple strategy, eye catching slogans like "SALE" or "Zero Interest" attracts people to buy it but in fact it will only deceived them when they have bought the product. And all services that are for sale are probably like this.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: dark08 on March 14, 2019, 03:33:37 PM
We are in the beta testing stage. No real money yet :)

So how long the beta test is going to run? I tried some bets already with the fake balance (1BTC)
Since it is a beta testing stage, why you dont offer something like beta testers and give rewards to those who are participating? Lets say you run a small competition with the fake balance/play money during the beta testing stage and who will have the highest balance will win small amount of real money. Surely you may ask some feedback or bug report if any. Just a suggestion.


Good suggestion just be realistic find someone who can make a test for your beta site and give them a reward I more people in this site can do this job.
By the way I will write a review on my experienced in your site its pretty nice design but sometimes I feel laggy in the homepage just tobe honest its need some improvement but I like the games.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 15, 2019, 02:32:51 PM
So how would the site get income when it has 0 house edge? I think there should be some, they just want attention and when the time comes  they would collect uncertain amounts of BTC.
It's simple strategy, eye catching slogans like "SALE" or "Zero Interest" attracts people to buy it but in fact it will only deceived them when they have bought the product. And all services that are for sale are probably like this.

Our mission is to remove the house edge from the gambling. This is not a promotion or other marketing stuff. We are a platform where gamblers meet gamblers. This is the point. I mentioned before, that we are developing an article about this theme. Stay with us and shortly we shall publish it :)

Please test us! Your feedback is very important for us :)


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: examplens on March 15, 2019, 09:02:38 PM
So how would the site get income when it has 0 house edge? I think there should be some, they just want attention and when the time comes  they would collect uncertain amounts of BTC.
It's simple strategy, eye catching slogans like "SALE" or "Zero Interest" attracts people to buy it but in fact it will only deceived them when they have bought the product. And all services that are for sale are probably like this.

Our mission is to remove the house edge from the gambling. This is not a promotion or other marketing stuff. We are a platform where gamblers meet gamblers. This is the point. I mentioned before, that we are developing an article about this theme. Stay with us and shortly we shall publish it :)

Please test us! Your feedback is very important for us :)


You need money to keep your platform live. But with 0% house edge, I think it will go very hard. You may not need additional funding at this time, but I hope you plan to work on long runs then you will need a stable income. The donation is okay, but only as a bonus.
Also, KYC and gambling just do not go together. You will lose the battle with the competition, people like anonymous gambling. Maybe you can ask KYC for the biggest win and withdrawals or it's better to use external KYC service.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: game-protect on March 16, 2019, 12:34:06 PM
Who is the operator?


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: StarofBTC on March 17, 2019, 08:23:10 PM
Maybe there will be plenty of pvp games where they make rake that is why they say zero house edge ? I mean after all poker games technically have zero house edge since house is not involved at all, or flip the coin or rock paper scissors all those games have zero house edge since its gambler versus gambler.

Are we sure they mean zero house edge in that way or not ? I mean you can't have a dice game and make the house edge zero because we ALL know it will collapse eventually no matter how much they try, they can do whatever they want and work in anyway they please but with zero house edge a dice game can't be sustained for the casino. So, we gotta ask ourselves what will be the zero house edge game they talk about, there are ones that can work with zero and if that's it than there is no problem.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: Diamond Member on March 18, 2019, 12:05:55 AM
If you go to an IRL casino with a Poker room/table, the casino will take some amount per hand, even though the players are all playing against each other, and the casino is not risking their own money.

I applaud the PvP model, and think this kind of betting is more fun than playing vs the house.

I do believe it is appropriate to charge users some fee for using your casino, but this may be much less than what "traditions" bitcoin casinos charge. If you have enough volume, a .1% of 0.01% "edge" might result in you turning a profit.

There is a reason many in this thread have pointed out that relying on donations to fund your business is not realistic. Because this is not a viable business model. The "zero edge" will also make players suspicious.

Good Luck!


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: AnthonyPap on March 18, 2019, 10:03:11 AM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet (http://socialbet.io) into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io (http://socialbet.io), try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io (http://socialbet.io)


Was thinking the same. 0% house edge? What's your profit channel then?


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 18, 2019, 11:03:58 AM
Who is the operator?

Sorry, but what do you mean "operator"?


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: Xenrise on March 18, 2019, 11:34:30 AM
Isn't it 0% house edge is a marketing strategy for casino for them to profit? How can that make for gamblers profitable? But the site is good. I think that it is professionally made.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: Bitinity on March 18, 2019, 12:03:11 PM
Isn't it 0% house edge is a marketing strategy for casino for them to profit? How can that make for gamblers profitable? But the site is good. I think that it is professionally made.

Marketing strategy to make profit? I think you have no ideas about this game. This site is offering pvp based game where players play against other players. If they have 0% house edge or they do not charge any fees on every game, how could they make profit?


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: felicita on March 18, 2019, 12:08:33 PM
iam also interested how you payi9ng server and domain costs ?
With a 0 % house edge you must take free hosting and free domain or pay from your poket ?


regards


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 18, 2019, 01:42:40 PM
Isn't it 0% house edge is a marketing strategy for casino for them to profit? How can that make for gamblers profitable? But the site is good. I think that it is professionally made.

Marketing strategy to make profit? I think you have no ideas about this game. This site is offering pvp based game where players play against other players. If they have 0% house edge or they do not charge any fees on every game, how could they make profit?

We have ideas, how to monetize SocialBet. But now we are in Beta and right now we are not thinking about monetization, instead, we are doing updates and creating a better gaming environment.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 18, 2019, 01:43:53 PM
iam also interested how you payi9ng server and domain costs ?
With a 0 % house edge you must take free hosting and free domain or pay from your poket ?


regards

We are a startup and any expense is payed from our pocket.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: dark08 on March 18, 2019, 01:47:01 PM
Isn't it 0% house edge is a marketing strategy for casino for them to profit? How can that make for gamblers profitable? But the site is good. I think that it is professionally made.

Marketing strategy to make profit? I think you have no ideas about this game. This site is offering pvp based game where players play against other players. If they have 0% house edge or they do not charge any fees on every game, how could they make profit?

We have ideas, how to monetize SocialBet. But now we are in Beta and right now we are not thinking about monetization, instead, we are doing updates and creating a better gaming environment.

What a meaningful words so we expect to make this game cool to attract more player hoping for your success but please dont dissapoint us and bring a good games for all of us.

iam also interested how you payi9ng server and domain costs ?
With a 0 % house edge you must take free hosting and free domain or pay from your poket ?


regards

We are a startup and any expense is payed from our pocket.

Good luck team socialbet I know you can do it.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: felicita on March 18, 2019, 07:02:48 PM
iam also interested how you payi9ng server and domain costs ?
With a 0 % house edge you must take free hosting and free domain or pay from your poket ?


regards

We are a startup and any expense is payed from our pocket.
ok sounds interesting . I just joined and had 1 btc on my balance with explains the high bets on your side.
I dont get it is it like cloud gambling XD


regards


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: rammy2k2 on March 18, 2019, 07:25:22 PM
First of all, i would like to say, as a experienced gambler, that is IMPOSSIBLE to have
0% house edge. That means you are not making any profits, and we all know, that cant be
true.
Ill sign up and check your site, and come back with a small review.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 19, 2019, 09:54:04 AM
First of all, i would like to say, as a experienced gambler, that is IMPOSSIBLE to have
0% house edge. That means you are not making any profits, and we all know, that cant be
true.
Ill sign up and check your site, and come back with a small review.

Don't think about our profit too much XD. We will wait for your review :)


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: BTCevo on March 19, 2019, 01:29:48 PM
First of all, i would like to say, as a experienced gambler, that is IMPOSSIBLE to have
0% house edge. That means you are not making any profits, and we all know, that cant be
true.
Ill sign up and check your site, and come back with a small review.

It is possible of 0% house edge if there is some event but still it is on a very rare occassion. And btw I never experience that 0% house edge site will hold long enough, either it is a scam site or just they want to try some luck on their marketing and later they will increase it back. Even 0.7% house edge site do not hold that long enough although their site is getting some profit. So dont bother to check the site if I were you


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: panjul07 on March 19, 2019, 01:37:34 PM
First of all, i would like to say, as a experienced gambler, that is IMPOSSIBLE to have
0% house edge. That means you are not making any profits, and we all know, that cant be
true.
Ill sign up and check your site, and come back with a small review.

Don't think about our profit too much XD. We will wait for your review :)

This is the first time I heard that a gambling site's owner do not think about profit. To be honest it makes me think something suspicious, I dont mean to say that you are going to cheat players but it just does not make senses at all to run a gambling site with no house edge. It is even unrealistic for a game vs the house, I do not really understand what is your main purpose of offering a non house edge game?


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: socialbet on March 19, 2019, 02:25:28 PM
First of all, i would like to say, as a experienced gambler, that is IMPOSSIBLE to have
0% house edge. That means you are not making any profits, and we all know, that cant be
true.
Ill sign up and check your site, and come back with a small review.

Don't think about our profit too much XD. We will wait for your review :)

This is the first time I heard that a gambling site's owner do not think about profit. To be honest it makes me think something suspicious, I dont mean to say that you are going to cheat players but it just does not make senses at all to run a gambling site with no house edge. It is even unrealistic for a game vs the house, I do not really understand what is your main purpose of offering a non house edge game?

We are not a house. We are a platform. Please check our site :) socialbet.io (http://socialbet.io)


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: coinplus on March 19, 2019, 04:03:41 PM
So, now that I registered and playing I think I can answer all the questions about "zero house edge". I am in no way of expert and I am still trying to figure out how it works but this is not the type of game we ever played in anywhere else. The game idea is quite different from anything I have ever seen. There is constant "lottery" going on lets say.

So, all in all you buy tickets and than someone wins, if that means what I think it means after all the tickets are sold and the roll happened someone wins and others loses and the casino basically makes money from that difference of what has been spent on buying the tickets and what the winner got, so if everyone combine buys tickets worth of 1 bitcoin and the winner gets 0.98 bitcoin that means house made 0.02 profit from that lottery.

I am not nearly sure if that is how it works but it looks like that so far.


Title: Re: SocialBet.io :: The First Anti-Casino :: 0% House Edge
Post by: Caladonian on March 19, 2019, 05:51:12 PM
First of all, i would like to say, as a experienced gambler, that is IMPOSSIBLE to have
0% house edge. That means you are not making any profits, and we all know, that cant be
true.
Ill sign up and check your site, and come back with a small review.

Don't think about our profit too much XD. We will wait for your review :)

This is the first time I heard that a gambling site's owner do not think about profit. To be honest it makes me think something suspicious, I dont mean to say that you are going to cheat players but it just does not make senses at all to run a gambling site with no house edge. It is even unrealistic for a game vs the house, I do not really understand what is your main purpose of offering a non house edge game?

We are not a house. We are a platform. Please check our site :) socialbet.io (http://socialbet.io)
Not sure about that, so you are just hosting the game as you said you are not the house, and regarding to 0% house edge meaning to say
that gamblers an freely use this site without any cuts coming from the house, it's really exciting to know how would you manage to keep
this site to last while you are not taking any profits from the gamblers who will use it.

Will wait for more updates and learned how monetization will help you up to continue your business.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: awawo on March 19, 2019, 05:55:06 PM
Nice site and I hope you guys will not just remain at only gambling where users will only plat probably fair game and to be able to do sport betting also. And again the acceptance of bitcoin and other cryptocurrencies in the blockchain industry for user to be able to deposit and withdrew at any time and in any crypto currency.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: Supercrypt on March 19, 2019, 06:38:08 PM
So, now that I registered and playing I think I can answer all the questions about "zero house edge". I am in no way of expert and I am still trying to figure out how it works but this is not the type of game we ever played in anywhere else. The game idea is quite different from anything I have ever seen. There is constant "lottery" going on lets say.

So, all in all you buy tickets and than someone wins, if that means what I think it means after all the tickets are sold and the roll happened someone wins and others loses and the casino basically makes money from that difference of what has been spent on buying the tickets and what the winner got, so if everyone combine buys tickets worth of 1 bitcoin and the winner gets 0.98 bitcoin that means house made 0.02 profit from that lottery.

I am not nearly sure if that is how it works but it looks like that so far.
They could mean "zero house edge" but take rake with it, which means there is no "luck based" game like dice or roulette or anything but more skill based like poker. In poker you can pay a lot of rake, like insanely over the sector avarage and still come out on top because the other players you play against could be horrible gamblers, of course the competitive side of it makes it possible for paying less rake but the idea stands.

So PvP is really looking like it is going to the house edgeless gambling because it technically can't and you can gamble as much as you want without really having to worry about house scamming you over about something, they are already making money no matter what so thats why I prefer PVP games the most.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: shield132 on March 19, 2019, 08:32:48 PM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.

I think we shall make a lot of changes in SocialBet (http://socialbet.io). But 1 thing will never change. House edge won't have a place in our platform. We hope, that community will donate us as we want to build a better world. Also, soon we shall publish an article with more details about our monetization.
I have never seen anyone in this world donating casino. It sounds very strange too, when I gamble, more likely I'll lose or if I win, I'll withdraw it, is donation new thing? Donation is when someone loses. If you don't think your casino will profit with 0% house edge system, then what is your hope for running of it? When you ask donation it sounds like we just donate and others win/withdraw our donation, we donate for them.


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: veleten on March 19, 2019, 08:38:42 PM
Thank you for your question about KYC. I have got an answer from the legal team.

Quote
KYC is a legal necessity in case of gambling, although in cases of transactions with a small amount it may be escaped.
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th

Your feedback did help :) We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.
You are missing the point completely. Making the KYC process simple does not matter since doing away with it is the only way that majority of the gamblers including me would show any sort of interest in your website.

Get rid of the KYC requirement asap if you want your website to attract more attention.

Hello. I am the founder of SocialBet. This KYC did a noise in the last days :)
I want to understand the problem. I see that people ask to remove KYC and says that they won't play in bitcoin casino that has KYC, but at the same time, they use signatures of casinos that have KYC. For example, I may see in your signature STAKE.com. Check their terms and you'll find the same KYC in the 6th point.
https://stake.com/terms-of-service

The KYC is not so scary thing :) We do not want to use it against the community. We won't force our players to verify their identity. This point is just to keep us legal and to avoid problems in future.
We want to make our platform the best one. Your feedback is very important as we build our platform for you!
If you know a good standing casino, that does not have a KYC option in their legal docs, please send a link. We will investigate.

the problem is that if you have this KYC term you can enforce it any time you want
and yes KYC is a scary thing , sadly , especially if you deal with a cryptocommunity
if you do not want to force players to verify their identity , just do not put KYC into your terms
Stake doesn't usually check , but they do and can do it because it is in their terms and conditions
the thing is - Stake is there for at least several years (Primedice I mean) and is trusted and you are new and trying to attract players
KYC is not the strongest of the marketing points


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: milewilda on March 19, 2019, 09:21:48 PM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.

I think we shall make a lot of changes in SocialBet (http://socialbet.io). But 1 thing will never change. House edge won't have a place in our platform. We hope, that community will donate us as we want to build a better world. Also, soon we shall publish an article with more details about our monetization.
I have never seen anyone in this world donating casino. It sounds very strange too, when I gamble, more likely I'll lose or if I win, I'll withdraw it, is donation new thing? Donation is when someone loses. If you don't think your casino will profit with 0% house edge system, then what is your hope for running of it? When you ask donation it sounds like we just donate and others win/withdraw our donation, we donate for them.
Maybe the 'donate' thing he do mention is about on players money losing out on his casino.lol . 0% house edge is really just temporal and i cant see any gambling site nowadays that do sustain with that situation.
Monetization or making profits is one of the motive of these kind of businesses and no business will just be too concern to build up a better world. lol


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: tippytoes on March 19, 2019, 09:56:46 PM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.

I think we shall make a lot of changes in SocialBet (http://socialbet.io). But 1 thing will never change. House edge won't have a place in our platform. We hope, that community will donate us as we want to build a better world. Also, soon we shall publish an article with more details about our monetization.
I have never seen anyone in this world donating casino. It sounds very strange too, when I gamble, more likely I'll lose or if I win, I'll withdraw it, is donation new thing? Donation is when someone loses. If you don't think your casino will profit with 0% house edge system, then what is your hope for running of it? When you ask donation it sounds like we just donate and others win/withdraw our donation, we donate for them.
Maybe the 'donate' thing he do mention is about on players money losing out on his casino.lol . 0% house edge is really just temporal and i cant see any gambling site nowadays that do sustain with that situation.
Monetization or making profits is one of the motive of these kind of businesses and no business will just be too concern to build up a better world. lol

Maybe it is only in this launching stage that they are offering such 0% house edge and later on when everybody is playing on their platform, they will change the rules. And you are very right, a gambling platform donating their earnings? Sooner or later we will know what's the real deal here. Maybe they want to start with good image.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: milewilda on March 20, 2019, 11:07:42 AM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.

I think we shall make a lot of changes in SocialBet (http://socialbet.io). But 1 thing will never change. House edge won't have a place in our platform. We hope, that community will donate us as we want to build a better world. Also, soon we shall publish an article with more details about our monetization.
I have never seen anyone in this world donating casino. It sounds very strange too, when I gamble, more likely I'll lose or if I win, I'll withdraw it, is donation new thing? Donation is when someone loses. If you don't think your casino will profit with 0% house edge system, then what is your hope for running of it? When you ask donation it sounds like we just donate and others win/withdraw our donation, we donate for them.
Maybe the 'donate' thing he do mention is about on players money losing out on his casino.lol . 0% house edge is really just temporal and i cant see any gambling site nowadays that do sustain with that situation.
Monetization or making profits is one of the motive of these kind of businesses and no business will just be too concern to build up a better world. lol

Maybe it is only in this launching stage that they are offering such 0% house edge and later on when everybody is playing on their platform, they will change the rules. And you are very right, a gambling platform donating their earnings? Sooner or later we will know what's the real deal here. Maybe they want to start with good image.
Building a good image on start up is most likely the goal of each new gambling site or any services to gain some popularity and positive impression but
tagging it up with charity thing do really give us confusion on how they would done such thing. They are calling themselves as Anti-casino. For what?
No business owner will just giving out free money into its players even we do say on building up good image on early phase.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: Bitinity on March 20, 2019, 11:38:07 AM
Maybe it is only in this launching stage that they are offering such 0% house edge and later on when everybody is playing on their platform, they will change the rules. And you are very right, a gambling platform donating their earnings? Sooner or later we will know what's the real deal here. Maybe they want to start with good image.

No the 0% house edge is going to run forever, as it is their mission "to remove the house edge"
Take a look at these two posts below where the admin state about the 0% house edge:
https://bitcointalk.org/index.php?topic=5119108.msg50173370#msg50173370
https://bitcointalk.org/index.php?topic=5119108.msg50173370#msg50173370

Basically it is not good start if they want to build first impression as people will keep on wondering and speculating on why gambling site owner do not want to make profit and relying on donation only.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: socialbet on March 20, 2019, 11:47:23 AM
Maybe it is only in this launching stage that they are offering such 0% house edge and later on when everybody is playing on their platform, they will change the rules. And you are very right, a gambling platform donating their earnings? Sooner or later we will know what's the real deal here. Maybe they want to start with good image.

No the 0% house edge is going to run forever, as it is their mission "to remove the house edge"
Take a look at these two posts below where the admin state about the 0% house edge:
https://bitcointalk.org/index.php?topic=5119108.msg50173370#msg50173370
https://bitcointalk.org/index.php?topic=5119108.msg50173370#msg50173370

Basically it is not good start if they want to build first impression as people will keep on wondering and speculating on why gambling site owner do not want to make profit and relying on donation only.

Not only donations :) Sure we have a monetization model, but we are in a beta period. I don't think, it is a smart decision to monetize a product, that is still in beta. Our model will be very friendly and won't affect the result of the game, as in the case of house edge model.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: beerlover on March 20, 2019, 12:15:11 PM
I have been playing it since yesterday and I had the most fun I ever had from basically any game ever, it is definitely lacking a lot of customers and if you could increase the user number it could turn out to be a great game.

There was one other problem, the old bets I made are not listed properly, like which one is which and what not you need to find a way to fix that "my tickets" part and make it include more info, I don't have any idea which one is the 1 day one which one is 1 hour and so forth when I look at it and which one that won money was from which one.

It is all complicated there in short and its already gone, I am looking at it today and can't see anything. So, if you fix that and if you find a way to get more people into your website than you will be a great game. That 0% rake thingy added on the topic is a smart idea.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: shield132 on March 20, 2019, 01:32:31 PM
I dont believe in the 0% house edge because all we know that game needs an income. But if it's true it's a great game that I want to try. And I think they only give a very small amount of information about the game. I think old gambler will not go to game like that because they think that it has a hidden information or charge against to gambler or player.

If you deposit and you can't profit from it. House "Casino" will still be able to income...
Maybe they will change it in the future and perhaps it's only for the early stages of their Project.

I think we shall make a lot of changes in SocialBet (http://socialbet.io). But 1 thing will never change. House edge won't have a place in our platform. We hope, that community will donate us as we want to build a better world. Also, soon we shall publish an article with more details about our monetization.
I have never seen anyone in this world donating casino. It sounds very strange too, when I gamble, more likely I'll lose or if I win, I'll withdraw it, is donation new thing? Donation is when someone loses. If you don't think your casino will profit with 0% house edge system, then what is your hope for running of it? When you ask donation it sounds like we just donate and others win/withdraw our donation, we donate for them.
Maybe the 'donate' thing he do mention is about on players money losing out on his casino.lol . 0% house edge is really just temporal and i cant see any gambling site nowadays that do sustain with that situation.
Monetization or making profits is one of the motive of these kind of businesses and no business will just be too concern to build up a better world. lol

Maybe it is only in this launching stage that they are offering such 0% house edge and later on when everybody is playing on their platform, they will change the rules. And you are very right, a gambling platform donating their earnings? Sooner or later we will know what's the real deal here. Maybe they want to start with good image.
If that's in launching stage, then sorry but very silly move, it's quite easy to move from this casino to another one if you don't like terms or etc any reason.
I understand this man says they have different monetization model but if they want to keep profit and let players gamble with 0% house edge, then I think they have to set limit on total will per day overally because otherwise I don't know how will they function.
OP you have to turn math while launching any kind of business, especially casino.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: socialbet on March 20, 2019, 01:40:25 PM
I have been playing it since yesterday and I had the most fun I ever had from basically any game ever, it is definitely lacking a lot of customers and if you could increase the user number it could turn out to be a great game.

There was one other problem, the old bets I made are not listed properly, like which one is which and what not you need to find a way to fix that "my tickets" part and make it include more info, I don't have any idea which one is the 1 day one which one is 1 hour and so forth when I look at it and which one that won money was from which one.

It is all complicated there in short and its already gone, I am looking at it today and can't see anything. So, if you fix that and if you find a way to get more people into your website than you will be a great game. That 0% rake thingy added on the topic is a smart idea.

Wow! Such good feedback!:) We still have a lot of work on SocialBet (http://socialbet.io). This is our first step and these kinds of words are motivating us very much:) Thank's


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: beerlover on March 21, 2019, 03:39:38 PM
-snip-

Wow! Such good feedback!:) We still have a lot of work on SocialBet (http://socialbet.io). This is our first step and these kinds of words are motivating us very much:) Thank's
I mean don't get your hopes up that quickly. The game looks great, it is super entertaining and I would definitely play it when the game starts but that doesn't mean it will succeed right away. We are in crypto casino world where it is insanely hard to find people to deposit their money to your website but considering this is a game where people play vs other people they should have less trust issues.

You still have a loooooong way to finish the product and do a proper marketing and it will take both a lot of your time and a lot of your money so be patient but when it is said and done if you do a good job with it the concept is definitely amazing. You have at least one customer with me that is for sure, but its because I am always around and checking new games, you need to do marketing a lot bigger and wider when you officially start.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: socialbet on March 21, 2019, 05:35:25 PM
-snip-

Wow! Such good feedback!:) We still have a lot of work on SocialBet (http://socialbet.io). This is our first step and these kinds of words are motivating us very much:) Thank's
I mean don't get your hopes up that quickly. The game looks great, it is super entertaining and I would definitely play it when the game starts but that doesn't mean it will succeed right away. We are in crypto casino world where it is insanely hard to find people to deposit their money to your website but considering this is a game where people play vs other people they should have less trust issues.

You still have a loooooong way to finish the product and do a proper marketing and it will take both a lot of your time and a lot of your money so be patient but when it is said and done if you do a good job with it the concept is definitely amazing. You have at least one customer with me that is for sure, but its because I am always around and checking new games, you need to do marketing a lot bigger and wider when you officially start.

We are discussing the option of implementing smart contracts. We are short of resources at the moment and that's why we are asking for donations. 🙂
We are developing a platform for gamblers without any fee, so we are sure that the community will start supporting us the more popular we become.


Title: Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge
Post by: coinplus on March 22, 2019, 07:16:03 PM
It will surely be a time challenge for you. I mean consider this, lets say you want to increase your user number by 10, you want 10 new users, which one sounds easier going from 10 users to 20 users or 1000 users to 1010 users ? So, all in all the more users you have the more users you will get, the first few hundred users will be really hard and since this game is basically all about how many users there are (the more the merrier when it comes to this game) you will have hard time keeping them playing there as well, there will be new users coming in while old users leaving so it will take a lot of time before you can actually increase, maybe months even over a year.

Moreover, when you finally reach to that level and you are over a thousand daily users believe me this game will take off like crazy.


Title: SocialBet.io :: We are looking for funding
Post by: socialbet on March 26, 2019, 08:30:46 PM
Dear community and crypto lovers,

The official release of SocialBet.io is almost there. At this phase, we understand that we need more financial resources to kick-start the user acquisition process. We need to push now. We need to act fast and bold to acquire the critical mass of daily active users. We also need more people to move forward and for that, we need more financial resources.

We will soon release a version with real bitcoin money and we will need finances to cover for the marketing, new technologies integration and developing new games. 

We are looking for an investment!

We are happy to answer your questions and tell you more about our plans and ideas.
Interested? PM us :)


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: xvids on March 26, 2019, 08:47:13 PM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?


The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 26, 2019, 09:54:33 PM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?

Thank's for your question

Quote
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
We have ideas, how to monetize SocialBet. But now we are in Beta and right now we are not thinking about monetization, instead, we are doing updates and creating a better gaming environment.

Quote
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
We are not going annoy our users and will use the KYC only in suspicious cases.


Title: Re: SocialBet.io :: We are looking for funding
Post by: AmoreJaz on March 26, 2019, 11:51:24 PM
Dear community and crypto lovers,

The official release of SocialBet.io is almost there. At this phase, we understand that we need more financial resources to kick-start the user acquisition process. We need to push now. We need to act fast and bold to acquire the critical mass of daily active users. We also need more people to move forward and for that, we need more financial resources.

We will soon release a version with real bitcoin money and we will need finances to cover for the marketing, new technologies integration and developing new games.  

We are looking for an investment!

We are happy to answer your questions and tell you more about our plans and ideas.
Interested? PM us :)


i hope you are not relying from the community alone to respond  to your financial needs to keep moving...
and if you are, more then likely your existence will not be here for long
accept the fact that people want an assurance before they send their money. so what is your assurance that their investments are secured?
anonymous team bragging with 0% house edge? think of other users perception on you. just to give you insights on how you will attack this situation


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: feryjhie on March 27, 2019, 01:27:41 AM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?


The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .

yeah like Stake.com but stake/Primedice just require KYC if the players maybe have a suspicious game or breaking their TOS
and they will ask KYC

but this is different from stake or Primedice, you make the people must do KYC before he can withdraw
so i think the KYC will make your site not really popular



Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: socialbet on March 27, 2019, 07:03:32 AM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?


The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .

yeah like Stake.com but stake/Primedice just require KYC if the players maybe have a suspicious game or breaking their TOS
and they will ask KYC

but this is different from stake or Primedice, you make the people must do KYC before he can withdraw
so i think the KYC will make your site not really popular



The same thing is at SocialBet. Why do you think it is different?


Title: Re: SocialBet.io :: We are looking for funding
Post by: Bitinity on March 27, 2019, 08:11:36 AM
It has been two weeks since you introduce your project, but it is still in beta phase. How long you are going to run the beta phase and what you got during these two weeks?


Title: Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Post by: feryjhie on March 27, 2019, 08:16:19 AM
0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote
20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote
59. To withdraw funds, We require complete verification of Your account with all the docs needed
This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?


The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .

yeah like Stake.com but stake/Primedice just require KYC if the players maybe have a suspicious game or breaking their TOS
and they will ask KYC

but this is different from stake or Primedice, you make the people must do KYC before he can withdraw
so i think the KYC will make your site not really popular



The same thing is at SocialBet. Why do you think it is different?

it's different because your site requires people to KYC first before withdrawing
but in stake/primedice people can withdraw as long he doesn't break any rules


Title: Re: SocialBet.io :: We are looking for funding
Post by: dark08 on March 27, 2019, 02:07:34 PM
No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.


Title: Re: SocialBet.io :: We are looking for funding
Post by: Caladonian on March 27, 2019, 05:14:36 PM
No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.
One of the best adjustment attracting more gamblers is to removed this KYC or to amend  it, same with other gambling house who only cater this function whether they've suspecting gamblers doing some illegal or suspicious act inside the house, but for those gamblers who are not doing anything and just enjoying, they will be more attracted to try your site if you will  adjust to this.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on March 27, 2019, 06:09:34 PM
No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon :)


Title: Re: SocialBet.io :: We are looking for funding
Post by: StickyFingaz on March 27, 2019, 06:23:06 PM
No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

Bro no one will ask you for KYC :) if you won't do suspicious actions.


Title: Re: SocialBet.io :: We are looking for funding
Post by: AhmadM on March 27, 2019, 06:31:27 PM
Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon :)
So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?


Title: Re: SocialBet.io :: We are looking for funding
Post by: StickyFingaz on March 27, 2019, 06:41:39 PM
Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon :)
So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi :)
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn


Title: Re: SocialBet.io :: We are looking for funding
Post by: MakeMoneyBtc on March 27, 2019, 06:58:19 PM
Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon :)
So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poker.
Look at our donations - 0 Satoshi :)
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn
Unfortunately it is pretty hard to receive donations from people when you don't have any previous experience in this gambling domain. You don't have an audience to support you with donations. So I think your best option is to find a person who is willing to invest a big amount of money in your project so you can get it started. Otherwise you will wait months, maybe years to receive donations of 1-2$ until you reach your goal.


Title: Re: SocialBet.io :: We are looking for funding
Post by: coinplus on March 27, 2019, 07:48:42 PM
I can sort of understand why you would need investors, funding is a very important part of this business and you would be becoming big much faster with a lot of money.

Moreover, you are known to constantly brag about your zero rake, it is not really "house edge" in your case because its a game where the money you get should be considered rake, house edge is when a game is versus the casino but this game is player versus player mostly, so you have zero rake in the house. It  means if an investor wants to fund your project, how would you pay him back, or how would they make money ? You are building a business that basically has no profitable idea so far, in order to fund a project investors usually want to know how you can make money with it, without that there is no point of investing.


Title: Re: SocialBet.io :: We are looking for funding
Post by: pinoycash on March 27, 2019, 08:29:44 PM
Having a working product can easily raised money for further development.

Why don't you launch a traditional ICO to raise money for further platform development, its been done before by other casino platform and usually ICO casino is an easy sell specially if you have some real transparent team members.

Also a tokenize profit sharing casino platform is attractive to some long term investors.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on March 27, 2019, 08:30:29 PM
I can sort of understand why you would need investors, funding is a very important part of this business and you would be becoming big much faster with a lot of money.

Moreover, you are known to constantly brag about your zero rake, it is not really "house edge" in your case because its a game where the money you get should be considered rake, house edge is when a game is versus the casino but this game is player versus player mostly, so you have zero rake in the house. It  means if an investor wants to fund your project, how would you pay him back, or how would they make money ? You are building a business that basically has no profitable idea so far, in order to fund a project investors usually want to know how you can make money with it, without that there is no point of investing.

SocialBet has different monetization channels. One of them is the ads.
Now we are focused on beta and as we pass it, the monetization model will be announced. We are doing a lot of work every day and we want to do some good job for the crypto community.
We are planning to add a new game at the end of the beta. Still without a rake or whatever you call it :)
 


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on March 27, 2019, 08:34:28 PM
Having a working product can easily raised money for further development.

Why don't you launch a traditional ICO to raise money for further platform development, its been done before by other casino platform and usually ICO casino is an easy sell specially if you have some real transparent team members.

Also a tokenize profit sharing casino platform is attractive to some long term investors.


Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good % :)

We are open for discussions


Title: Re: SocialBet.io :: We are looking for funding
Post by: pinoycash on March 27, 2019, 08:53:02 PM

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good % :)

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform :D Plus ETH Token creation can easily be done if you are a real developer.


Title: Re: SocialBet.io :: We are looking for funding
Post by: MakeMoneyBtc on March 27, 2019, 09:58:48 PM

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good % :)

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform :D Plus ETH Token creation can easily be done if you are a real developer.
Those ICO projects that do it the cheapest way usually end up as bad as they started. An ICO would be a good idea for the OP but it's not as easy as it seems. First of all a good ICO has a professional website created with good and quality informations available on it. Then an ICO should be promoted a lot which requires some money at least at the beginning. And finally they would have to worry about managing their token, adding it to different exchanges and other things like that. So an ICO requires a complicated process and I am not sure if OP wants and can afford that since he is already looking for funding.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on March 28, 2019, 07:20:59 AM

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good % :)

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform :D Plus ETH Token creation can easily be done if you are a real developer.
Those ICO projects that do it the cheapest way usually end up as bad as they started. An ICO would be a good idea for the OP but it's not as easy as it seems. First of all a good ICO has a professional website created with good and quality informations available on it. Then an ICO should be promoted a lot which requires some money at least at the beginning. And finally they would have to worry about managing their token, adding it to different exchanges and other things like that. So an ICO requires a complicated process and I am not sure if OP wants and can afford that since he is already looking for funding.

Absolutely yes! We are short of resources and can't do all at once. Our team is success oriented and we know that everything must be done at its time. Now it's time for the beta :)


Title: Re: SocialBet.io :: We are looking for funding
Post by: d1ceplayer on March 28, 2019, 02:51:59 PM
I think ICO wouldn't be really a great way of going for a casino, after all you would need to create a new coin and that coin would be useless and would just be like "share of the casino" and all that which is not really the ideal solution. I think you could go with the investment option so many casinos do, they do it for bankroll but you can do it for all things regarding the casino, yeah I know it sounds weird but it can totally work.

Just an on-site investment like other casinos, check out crypto-games and all that and they have "bankroll" investment options for users, the only difference would be you would be taking money not for bankroll (since you do not need it) but for marketing and all that, you can repay people with interest later on when you start making money. That seems to be the only logical option left aside from literally selling shares of your casino.


Title: Re: SocialBet.io :: We are looking for funding
Post by: AhmadM on March 28, 2019, 03:07:00 PM
Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi :)
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn
I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.



Title: Re: SocialBet.io :: We are looking for funding
Post by: StickyFingaz on March 28, 2019, 06:31:54 PM
Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi :)
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn
I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.


Title: Re: SocialBet.io :: We are looking for funding
Post by: ballerin and giroud on March 29, 2019, 03:30:28 AM
Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi :)
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn
I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.
Do you have a plan to looking for funding? If you just offer everyone in this forum with gambling that you have I think it is not good idea. You have to find other ways, as mentioned above and explain the gambling project that you have well.


Title: Re: SocialBet.io :: We are looking for funding
Post by: StickyFingaz on March 29, 2019, 07:08:30 AM
Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi :)
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn
I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.
Do you have a plan to looking for funding? If you just offer everyone in this forum with gambling that you have I think it is not good idea. You have to find other ways, as mentioned above and explain the gambling project that you have well.

We are also looking for investors not only through the web. We are already negotiating with angel investors, participation in different forms, etc.


Title: Re: SocialBet.io :: We are looking for funding
Post by: wwzsocki on March 29, 2019, 09:28:55 AM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on March 29, 2019, 10:04:20 AM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

Quote
We may require complete verification of Your account with all the docs needed in cases required by law


Title: Re: SocialBet.io :: We are looking for funding
Post by: Pamadar on March 29, 2019, 10:48:53 AM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

Quote
We may require complete verification of Your account with all the docs needed in cases required by law
So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.


Title: Re: SocialBet.io :: We are looking for funding
Post by: legendster on March 29, 2019, 02:20:59 PM
The beta version of SocialBet (http://socialbet.io) is now open for players worldwide.

SocialBet (http://socialbet.io), a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet (http://socialbet.io) is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet (http://socialbet.io) into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io (http://socialbet.io), try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io (http://socialbet.io)


Have you approached Wefunder (https://wefunder.com/)?
They may be the perfect place for you to raise funds.

Since you have a weird KYC policy, I would suggest you to fix that first and then approach Wefunder. See how things turn out. If you evolve your betting site into something like Wagerr, then you could become a bigger player down the line in this sector.


Title: Re: SocialBet.io :: We are looking for funding
Post by: beerlover on March 29, 2019, 02:25:30 PM
I think the other poster for socialbet was a bit more professional, if you guys want to be taken seriously it would be better if socialbet account responds instead of stickyfingaz. I mean nobody really wants to see their casino respond with "bro" and than ask for a funding.

I think it would be wiser for a company that definitely has this much potential needs to find "business" people at heart as well, I know finding the developers and the designers are the main bulk of the production but if you are lacking funding and you need marketing than you need some "business" people who can do those sort of things, I know those type of people are not loved in coding and startup worlds but those are the ones that help you out during this stage of the company.


Title: Re: SocialBet.io :: We are looking for funding
Post by: StickyFingaz on March 29, 2019, 03:35:07 PM
I think the other poster for socialbet was a bit more professional, if you guys want to be taken seriously it would be better if socialbet account responds instead of stickyfingaz. I mean nobody really wants to see their casino respond with "bro" and than ask for a funding.

I think it would be wiser for a company that definitely has this much potential needs to find "business" people at heart as well, I know finding the developers and the designers are the main bulk of the production but if you are lacking funding and you need marketing than you need some "business" people who can do those sort of things, I know those type of people are not loved in coding and startup worlds but those are the ones that help you out during this stage of the company.

Thanks for the advice!

This is my own profile and I am a developer :).
Socialbet's account is monitoring our marketing guy.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on March 29, 2019, 08:51:32 PM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

Quote
We may require complete verification of Your account with all the docs needed in cases required by law
So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!


Title: Re: SocialBet.io :: We are looking for funding
Post by: examplens on March 29, 2019, 09:13:32 PM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

Quote
We may require complete verification of Your account with all the docs needed in cases required by law
So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

no matter which amount is in question? So there is no problem to withdraw 5BTC?


Title: Re: SocialBet.io :: We are looking for funding
Post by: tanvir232 on March 30, 2019, 08:28:38 AM
Personally i visit your site socialbet io.the graphics design of the site and all games are very gorgeous and attracted too.its very easy to use for beginner.All information  looks very cool.more update,more player in site.


Title: Re: SocialBet.io :: We are looking for funding
Post by: traderethereum on March 30, 2019, 03:13:10 PM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

Quote
We may require complete verification of Your account with all the docs needed in cases required by law
So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

no matter which amount is in question? So there is no problem to withdraw 5BTC?
Although it is no problem, I suggest withdrawing for small amount day by day so the system will not beep and investigate you. It already happens in the other gambling site, and I don't want you to get the same experience as them. So it's better to withdraw with safety and don't make an alarm for them.


Title: Re: SocialBet.io :: We are looking for funding
Post by: coinplus on March 30, 2019, 03:37:46 PM
I think that is a legal requirement, they have to do that. So, all in all if a government or part of it asks socialbet for information regarding a customer for something suspicious socialbet has to follow with it otherwise they would be breaking the law.

As long as socialbet doesn't just ask for kyc on people who just won big (aka cloudbet 330 bitcoin thing) than it is fine, the kyc should not be for people who win or lose big, it should be for people who are looked by the government and when that day comes and it is asked by them than of course socialbet has to follow the regulations and laws of the country they are based in and give them the information asked. It is not about what socialbet wants or does this is the law in many countries. KYC upfront is not nice but KYC when required is expected.


Title: Re: SocialBet.io :: We are looking for funding
Post by: xvids on March 30, 2019, 03:54:08 PM
So this is player vs player bet and the site wouldn't get anything from the bets.
And the game is like lottery in freebitco the more ticket you have the higher your chance in winning.
I like the idea but how would we or you know if the law in our country require a KYC  in your site?
Gamblers could use VPN to change their IP location.


Title: Re: SocialBet.io :: We are looking for funding
Post by: wwzsocki on March 30, 2019, 07:23:25 PM
I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?
I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point
Quote
We may require complete verification of Your account with all the docs needed in cases required by law

Exactly this is the rule I am talking about, thanks for the quote. How do I know if KYC will be not required by law when I will withdraw? I am from the EU.


Title: Re: SocialBet.io :: We are looking for funding
Post by: tanvir232 on March 30, 2019, 09:38:17 PM
Visit socialbet io I realized that this is a very simple design site.there is no colour sense for the gambling site.the donar who wants to donate they must observed your site design,feature & colour too.there is no extra attracted view. Must needed update to get big amount fund.when i followed your leaders board just shocked to see someone get 62Btc,second one get also 62btc 3rd one get 57btc.how can it possible?is it true?


Title: Re: SocialBet.io :: We are looking for funding
Post by: tippytoes on March 30, 2019, 11:03:31 PM
Visit socialbet io I realized that this is a very simple design site.there is no colour sense for the gambling site.the donar who wants to donate they must observed your site design,feature & colour too.there is no extra attracted view. Must needed update to get big amount fund.when i followed your leaders board just shocked to see someone get 62Btc,second one get also 62btc 3rd one get 57btc.how can it possible?is it true?

Read few pages before posting. They were in the test mode at that time. So whatever big amount you are seeing, those were test performances. So don't be shocked with the amount.

https://i.imgur.com/nYzr2q3.jpg

How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin? ???
It makes me a shock to see that amount. Is that so easy to win a big amount?

After all, the site was easy to load, and it doesn't take a long time to open a full page.

Look suspicious that's a huge amount to win but it look like a testnet for the site? I will review this gambling site by the way is there any free coins to test your site? You have a 0% house edge compare to other gambling site I hope it that true.


Yes, we are in beta and still testing the platform. Anyone who registers gets fake money to test our game. Also, we use bots to test performance and that huge wins belong to them


Title: Re: SocialBet.io :: We are looking for funding
Post by: virasog on March 31, 2019, 05:52:24 AM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

Quote
We may require complete verification of Your account with all the docs needed in cases required by law
So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.


Title: Re: SocialBet.io :: We are looking for funding
Post by: maximumcoin on March 31, 2019, 07:00:24 AM
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
Me too.
I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.


Title: Re: SocialBet.io :: We are looking for funding
Post by: maydna on March 31, 2019, 01:07:58 PM
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
Me too.
I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.

Yes, we have so many options to register, and we can easily move to another gambling site which doesn't need KYC, and I think we are free to choose the site. That will happen too with the exchanges. So far, I only send my ID to my local exchanges because I am trading on their site and I want to deposit and withdraw from them although I always use third party services to help me to send the money.

And related to SocialBet, we have a choice to register on their site or not, and if they are required to fill KYC, then we can leave them and don't register in their site. That is the simple thing that we can do if we don't want to fill KYC and I think everyone will decide by themselves.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on April 01, 2019, 11:29:54 AM
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
Me too.
I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.

Yes, we have so many options to register, and we can easily move to another gambling site which doesn't need KYC, and I think we are free to choose the site. That will happen too with the exchanges. So far, I only send my ID to my local exchanges because I am trading on their site and I want to deposit and withdraw from them although I always use third party services to help me to send the money.

And related to SocialBet, we have a choice to register on their site or not, and if they are required to fill KYC, then we can leave them and don't register in their site. That is the simple thing that we can do if we don't want to fill KYC and I think everyone will decide by themselves.

Again, We won't annoy our players with KYC. This is a legal thing to avoid problems with the government.
SocialBet.io is a gambling platform which has been built by gamblers for gamblers. We are one of you. We understand you and if we find a way to remove a KYC, we shall do it immediately  For the first we removed the house edge.
And again :) Yes we do have a monetization model. We will announce it as we pass security, performance and a lot of other tests :)


Title: Re: SocialBet.io :: We are looking for funding
Post by: Pamadar on April 01, 2019, 01:44:21 PM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

Quote
We may require complete verification of Your account with all the docs needed in cases required by law
So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
Which is common with crypto gamblers, if they seen some chances being compromise they will hesitate to use the new gambling house, instead of taking chances they will keep the current one that they've got and will continue using it for their convenience, things like this needs to be assess
by the team to attract more players.


Title: Re: SocialBet.io :: We are looking for funding
Post by: XCANA on April 01, 2019, 02:01:14 PM
Warmly want to give my personal feedback based on your website. Website look good and professional, the very first time visiting a gambling platform without any stress of navigation, keep it up as you grow up with others; in the arena of gambling. Also, the games are cool but will recommend you introducing more games into the platform that will make it measure up with others, kudos.


Title: Re: SocialBet.io :: We are looking for funding
Post by: ChrisPop on April 01, 2019, 02:03:37 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?


Title: Re: SocialBet.io :: We are looking for funding
Post by: dark08 on April 01, 2019, 02:12:34 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.


Title: Re: SocialBet.io :: We are looking for funding
Post by: Bitinity on April 01, 2019, 02:35:34 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on April 01, 2019, 05:17:24 PM
Warmly want to give my personal feedback based on your website. Website look good and professional, the very first time visiting a gambling platform without any stress of navigation, keep it up as you grow up with others; in the arena of gambling. Also, the games are cool but will recommend you introducing more games into the platform that will make it measure up with others, kudos.

Thank's for feedback.
We have mind-blowing game ideas :)


Title: Re: SocialBet.io :: We are looking for funding
Post by: Mux@ on April 01, 2019, 05:48:11 PM
Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on April 01, 2019, 05:49:02 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

Just give us some time and You will see, that 0 is real. We have really BIG ideas :)


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on April 01, 2019, 05:54:05 PM
Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))

We are not going to disappear. We did and are doing a lot of work every day. Please check our website, pay attention to our site performance, interface and read more about our mission at socialbet.io/about.
I think the only thing that will disappear is your doubts :D


Title: Re: SocialBet.io :: We are looking for funding
Post by: Idrisu on April 01, 2019, 05:55:20 PM
Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))
It has been part of this fundraising and few are been honest.  I know many of this lottery websites that asked for funding but at the end we see that investors are finding it difficult to come up with good returned on there invest.  However,  we still have other gambling project that comes here to raise funds and are doing extremely well.


Title: Re: SocialBet.io :: We are looking for funding
Post by: milewilda on April 01, 2019, 11:22:45 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.
Even on Dice/Blackhack wont even give them profits on 0% houseedge unless if they would charge up some fees before withdrawal but on any angle, a certain
gambling site wont able to sustain for long term if they would continue not to be profitable.We know that these are businesses and in order to survive they would need to earn money
and without it then expected for this to fail and die.


Title: Re: SocialBet.io :: We are looking for funding
Post by: steampunkz on April 02, 2019, 07:45:04 AM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

I think this one of there unique features from other online casinos that have this kinds of games.
 My question do they need a  big sponsors? I cannot understand because they already launch their beta site.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on April 02, 2019, 07:55:28 AM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.
Even on Dice/Blackhack wont even give them profits on 0% houseedge unless if they would charge up some fees before withdrawal but on any angle, a certain
gambling site wont able to sustain for long term if they would continue not to be profitable.We know that these are businesses and in order to survive they would need to earn money
and without it then expected for this to fail and die.

We are not going to monetize the game. But shall monetize the project. And we will get a profit. We understand that it is very unbelievable and uncommon, but the day has come! :) Technologies + our creativeness will solve the problem :)


Title: Re: SocialBet.io :: We are looking for funding
Post by: Supercrypt on April 02, 2019, 09:17:24 AM
How is the funding search process going ? Have you guys found any investors that would be interested in funding the project ? I know it must be crazy hard to find an investor who wouldn't mind paying money for a project that has %0 house rake because it would be really difficult to make the money back, even on projects that are totally irrelevant to casinos people prefer to invest into stuff that has monthly recurring revenue instead of just advertisement money.

But, no matter what the user numbers on the beta must be saying how much visitors and how many users and how many active betters are there which would kind of show how much you could make from advertisement as well and that could help you get some investors. We are really looking to get out of the beta process and I know it will be hard without an investor so please keep us updated.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on April 02, 2019, 09:44:00 AM
How is the funding search process going ? Have you guys found any investors that would be interested in funding the project ? I know it must be crazy hard to find an investor who wouldn't mind paying money for a project that has %0 house rake because it would be really difficult to make the money back, even on projects that are totally irrelevant to casinos people prefer to invest into stuff that has monthly recurring revenue instead of just advertisement money.

But, no matter what the user numbers on the beta must be saying how much visitors and how many users and how many active betters are there which would kind of show how much you could make from advertisement as well and that could help you get some investors. We are really looking to get out of the beta process and I know it will be hard without an investor so please keep us updated.

Everything is going fine, thank you :)
The fronts of work which need to be done are many. We need more time. I am sure, if we had got donates from the Bitcoin community, the project might move faster, but we have what we have!


Title: Re: SocialBet.io :: We are looking for funding
Post by: Mux@ on April 02, 2019, 02:45:02 PM
Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))

We are not going to disappear. We did and are doing a lot of work every day. Please check our website, pay attention to our site performance, interface and read more about our mission at socialbet.io/about.
I think the only thing that will disappear is your doubts :D
Thanks. I'm not a big fan of gambling. And I am very careful with investments. Several times I was trapped even where everyone before me benefited from the investment. But when I made my investments, the project immediately finished its work! I don't think you should involve me in your case. I'll bring you bad luck)))


Title: Re: SocialBet.io :: We are looking for funding
Post by: BTCevo on April 03, 2019, 11:29:35 AM
Just give us some time and You will see, that 0 is real. We have really BIG ideas :)

Why dont you share something here? Any transparancy will be needed on opening new gambling site like this. Without the transparancy and provably fair system, I do not think it will be going to work even if you have such a big funding as well. Anyway, if you have such a great idea why not sharing it? Because if you asking some fund that means there will be investors right there and I believe they will demand profit in returns, so if you have this 0% house edge, how are you suppose to give them some benefits?


Title: Re: SocialBet.io :: We are looking for funding
Post by: beerlover on April 03, 2019, 04:06:10 PM
Long story short they need a house rake otherwise they will never become big in any way. They can't have the funding themselves because they are looking for funding which means they do not have the funds themselves, and no real investor would be willing to invest into something that has zero house rake and just advertisements. Turn the house rake into like %0.1 if you can (which is really low lets face it) and you will start to gather a lot of money and not only you will find investors but you will also gather a ton of money yourself.

This dedication towards zero house rake will continue to create problems for the website. Just have even a slight bit of house rake and you will start money pouring in constantly and that way you can both have funds from there plus investors will be more willing.


Title: Re: SocialBet.io :: We are looking for funding
Post by: el kaka22 on April 06, 2019, 09:27:00 AM
The fronts of work which need to be done are many. We need more time. I am sure, if we had got donates from the Bitcoin community, the project might move faster, but we have what we have!
I guess the best option right now could be some sort of eosbet route where you just pay people dividends somehow. I mean I know you are zero house rake but with that it is almost impossible to get big funding, there is absolutely no way a smart investor go into zero house rake and hope the advertisements would be enough.

Or like many previously mentioned you could have an ICO and just distribute the earnings equally among the people who hold that coin, which could still be small but at least help out a bit.

Think of other ways to create funding aside from an investor, that seems far fetched right now but I am sure you could find other ways to gather funds, specially from community because people do not mind sending couple bucks to anywhere anyway and many people combine together could create a lot of money even though individually they look small.


Title: Re: SocialBet.io :: We are looking for funding
Post by: virasog on April 06, 2019, 06:06:55 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.

Unfortunately most people do not know what a house edge is and they just come to play gambling. The gambling sites take advantage of this thing and try to fool the players. Also those who claim that they are offering zero House edge are totally false, as this is just not possible. No site want to give all the advantages to the gamblers. ???


Title: Re: SocialBet.io :: We are looking for funding
Post by: okala on April 07, 2019, 06:27:51 AM
Nice outlook I must say and to say you platform has no house edge is another great features, I went through the website and did not find you minimum and maximum deposits and withdrawal limit, you can do us good by making those information public and also work in the future to add sport betting to your platform.


Title: Re: SocialBet.io :: We are looking for funding
Post by: Mastercon on April 07, 2019, 10:41:44 AM
I just fall in love with your site's layout that's really impress me. Website look good and superb, Its a first time happen ever i reach to the gambling page without any problem. All the gambling site have some issues like slow loading, blank page. Your site is fast and better than other keep it up anad good luck for future projects


Title: Re: SocialBet.io :: We are looking for funding
Post by: Bitinity on April 07, 2019, 04:28:08 PM
I just fall in love with your site's layout that's really impress me. Website look good and superb, Its a first time happen ever i reach to the gambling page without any problem. All the gambling site have some issues like slow loading, blank page. Your site is fast and better than other keep it up anad good luck for future projects

How could you generalize that all gambling sites have loading issues? I wonder how many sites you have tried before and what sites are they. Mind to give details which sites having loading issues? Is the one on your signature also have loading issues? If you say that all gambling sites are having loading issues then I can say that the issue is on your side.


Title: Re: SocialBet.io :: We are looking for funding
Post by: StarofBTC on April 08, 2019, 05:25:52 PM
I think what makes this game amazing is not the zero house rake, I mean you can definitely have like %1 even %5 house rake and this game would still be amazing, the fact that the game is insanely fun and the idea of constant raffle with seconds minutes days months and so forth is already very valuable, the team just needs to realize that nobody would be hating the game if you just put a rake into it and make it much bigger.

Looking at our options now, either the team will put a rake and publish the game and we wall will play and we all will have fun there and that is good, however the other option is they gonna make it filled with advertisements and use some investors funds to build the game and hope to make some money from ads they have. I think first one is much much better.


Title: Re: SocialBet.io :: We are looking for funding
Post by: alisafidel58 on April 08, 2019, 05:40:20 PM
I just fall in love with your site's layout that's really impress me. Website look good and superb, Its a first time happen ever i reach to the gambling page without any problem. All the gambling site have some issues like slow loading, blank page. Your site is fast and better than other keep it up anad good luck for future projects

If there was a loading issue I think it's on your end. Most gambling sites have a faster server so that it can accommodate a large number of gamblers. Better upgrade your browser or yet change browser.


Title: Re: SocialBet.io :: We are looking for funding
Post by: raven7886 on April 10, 2019, 04:55:03 PM
Yeah, the one good thing about this place is you can read the 10+ pages of discussion here and most of it about the funding and the house rake and all that and none of it is about the game. That is what I love about this place and that is why I think this place will be huge in the future.

You guys built a game and something so entertaining that nobody ever questions you about the game, because in itself the game is super entertaining and brings the "lottery" and raffle deals to a point where you can constantly do it instead of usual buy the ticket and wait around until you realize you won or lost, there is games that go around constantly that you can join in which makes it super entertaining. Now all you need is capital to get this to a bigger audience but definitely gonna be amazing when you do.


Title: SocialBet.io :: True Odds :: Now gamble
Post by: socialbet on August 08, 2019, 09:16:06 AM
Hello community!
We have an announcement today. We have completed implementing a cashier and already published. Now you may deposit and try to win some real coins.

So go ahead, enjoy the game and feel how it is when you play with true odds.

We are still in beta and like water and air, we need your feedback, criticism and suggestions.

Good luck!


Title: Re: SocialBet.io :: True Odds :: Now gamble
Post by: examplens on August 08, 2019, 01:25:42 PM
Hello community!
We have an announcement today. We have completed implementing a cashier and already published. Now you may deposit and try to win some real coins.

So go ahead, enjoy the game and feel how it is when you play with true odds.

We are still in beta and like water and air, we need your feedback, criticism and suggestions.

Good luck!


Oh mate, welcome back but... You are back after a few months inactivity, and first what you do, asking people to deposit on your website. I think it is not the right way, especially not on the beta version.


Title: Re: SocialBet.io :: True Odds :: Now gamble
Post by: socialbet on August 08, 2019, 02:33:39 PM
Hello community!
We have an announcement today. We have completed implementing a cashier and already published. Now you may deposit and try to win some real coins.

So go ahead, enjoy the game and feel how it is when you play with true odds.

We are still in beta and like water and air, we need your feedback, criticism and suggestions.

Good luck!


Oh mate, welcome back but... You are back after a few months inactivity, and first what you do, asking people to deposit on your website. I think it is not the right way, especially not on the beta version.


We were very active in the development and inactive in marketing. We do not want to flude here and we want to bring something really valuable to the community. We developed a mobile version which has a different UI than the desktop and added a cashier. We optimized the alfa version, but still doing some tests behind the scenes. The best thing is that the game is ready to be played, so go ahead. Try your pure luck :D


Title: Re: SocialBet.io :: True Odds :: Now gamble
Post by: Bitinity on August 08, 2019, 06:12:26 PM
Hello community!
We have an announcement today. We have completed implementing a cashier and already published. Now you may deposit and try to win some real coins.

So go ahead, enjoy the game and feel how it is when you play with true odds.

We are still in beta and like water and air, we need your feedback, criticism and suggestions.

Good luck!

So finally it is officially launched and ready to be played. Indeed it took a bit long time since you came to this forum months ago but to be honest  your game is still a game which is hard to survive because it is a pvp based game where players needs to wait other players to bet against each others. Means that players may need to wait for long time just for one game.


Title: Re: SocialBet.io :: True Odds :: Now gamble
Post by: socialbet on August 08, 2019, 07:56:48 PM
Hello community!
We have an announcement today. We have completed implementing a cashier and already published. Now you may deposit and try to win some real coins.

So go ahead, enjoy the game and feel how it is when you play with true odds.

We are still in beta and like water and air, we need your feedback, criticism and suggestions.

Good luck!

So finally it is officially launched and ready to be played. Indeed it took a bit long time since you came to this forum months ago but to be honest  your game is still a game which is hard to survive because it is a pvp based game where players needs to wait other players to bet against each others. Means that players may need to wait for long time just for one game.

Thank's for an honest feedback :D We have something big prepared for you :) Also we have already some people who bought tickets, so you may already answer to their bets! Go ahead, give us a try.


Title: Re: SocialBet.io :: We are looking for funding
Post by: socialbet on August 14, 2019, 10:20:49 AM
I just fall in love with your site's layout that's really impress me. Website look good and superb, Its a first time happen ever i reach to the gambling page without any problem. All the gambling site have some issues like slow loading, blank page. Your site is fast and better than other keep it up anad good luck for future projects

We have already added a cashier, so now you may try your pure luck at SocialBet.io (http://SocialBet.io). BTW, our founders are already gambling with each other, that's very funny LOL.


Title: Re: SocialBet.io :: True Odds :: Cashier added :: Gamble now
Post by: StickyFingaz on August 15, 2019, 04:27:32 PM
Today the first players won CTO's coins. I mean my coins  :) Thank's for choosing us.


Title: Re: SocialBet.io :: True Odds :: Cashier added :: Gamble now
Post by: socialbet on August 27, 2019, 12:35:13 PM
Hello community, for all those, who were asking how we are going to monetize, we have prepared an article for you. Read it and if you still have questions, feel free to ask anything  :)
https://socialbet.io/blog/why_are_we_free (https://socialbet.io/blog/why_are_we_free)
Cheers!