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21  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: January 06, 2020, 11:21:23 PM
I'm trying to be constructive and to motivate team to.bring new site live faster.
I'm not against Bitdice I just expected them to become No. 1 dice site I love them and playing since launch
BoxxoB already said that there would be something new for this year and for now theres nothing we can do but to wait for such update. Cheers!

Everybody acknowledged that, yes there will be something new, but when will it be, that's the critical thing since new sites are comming out like one per month. For me personally i play in both sites since it's the job of my bot to do the dicing game, but certainly the setting aka the budget to play on bitdice will be much lower since it doesn't have contest Cheesy
22  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: January 06, 2020, 03:11:48 AM
Seems like whales are still sleeping this week.  Smiley

Yes winter sleep. To get whales Bitdice must offer something interesting.
In the history when there were records broken in terms of wagering volume it was all one user playing same as it was on Betking
One user was playing martingale with 1 satoshi base have you seen that?
Whales do not really get that much excited on anything other than just competitions that give them a potential to have a positive house edge, aside from that you can't get whales to play. Looking at the competition the rewards are not really that high to justify a whale to gamble anything over 10 bitcoin, sure it is still something that drops the house edge because you get something but compared to other places that gives out tons of money for the competition it is really not that high here at all.

As long as you make a competition for wagering and give people 0.1 bitcoin or more (not the winner but the whole contest) than you may start to see it increase, I am not even sure if anyone gets anything from these leaderboards at all? I didn't see any prizes for being first but it could be something I missed out so I am sorry about that part. There was 28 people when I checked, you just have to do a lot more promotions to increase that, specially for a website this old, you deserve at least 100+

Their only marketing is here in Bitcointalk (sig+constantly bumped thread), they showed to us that they indeed know how to promote service if you were following their ICO they had active Steemit, Medium blogs, Twitter and ads on many premium crypto news sites including press releases. When ICO concluded they became quiet and silently spending tens thousands monthly on staff,server etc. blog is not regularly updated accounts on social media sites are inactive ( only thing is that Boxxob opened threads at various low traffic forums)
When they were on top there were almost zero competition and they never had huge player base (300+ users online peak when chat rains are enormous)
In reality when BitExo opened most of the players started playing there and few whales that remained played elsewhere and all that volume was made by few players that left the site.
They promised big things in the ICO while they just added some garbage third party slots and low quality sports book while competition offer much more games, competitions and almost all have active real live chat support, better interface, more active regular chat and high-end autobet features.
Look at some of their competitors Stake and Bitsler they are both unique and more interesting and keep customers engaged in their activities.
...
Check their traffic estimation https://www.similarweb.com/website/bitdice.me  (it is too low to even be estimated)

Agreed, even that there is a whole brand new site (which even do not have a thread on this forum yet) aged 1 month old and his ranking is at 1,300,000, while this site is at 1,600,000. The owner of this site must decide to make it a module based development (i.e: bring the dice into new platform first including first in-place wagering contest) not to wait to finish everything in one go, it will take like 1 years ++ more from now and with that time, all the potential revenue will be lost to others. You can see that other site has like "75 contests monthly" you don't have to check how legit is it, but the number alone can do something in people mind. One i first saw their site, take a look at features, number of contest, and a crowded chat box...the question came out of my mind immediately "why i don't come over earlier"
23  Economy / Gambling discussion / Re: Martingale revisited on: December 29, 2019, 06:15:05 AM
I have a key stat which is the rate of earning per total wagered amount (currently at 8%+), as long as i keep it higher than the house edge, the final result should come out possitive since a common house edge is 1% the casino is expected to earn from me 1% of wagered amount, however since my rate is 8%, there is still a big gap of 7% so that the house edge can't eat my capital+ earning (unless the casino decided to raise it house edge to above 8% which is likely a NEVER happening thing)

All good but be aware that you are supposed to lose

I mean the casino expects you to lose eventually. If, on the other hand, you are not losing and going on, actually sucking in money from the casino instead, they may not quite like it. As long as the amount thus lost by the casino is not great, they may turn a blind eye to your actions as other people trying to follow the approaches described in this thread could compensate for the casino loss through their own loses. However, if you are winning big, don't be surprised to get kicked out at the end of the day, and probably not in the way you may like it or at least find acceptable and appropriate (read, prepare yourself for really ugly and nasty things)

Yeah, that's the major problem but I don't worry too much since that will just prove the fact that there is a way to win and really is. The casino might one day ban me for being winning too much with a common reason that people would believe such as exploit of bug, abuse of something, not complying to T&C or any kind of things related. However that would be also a draw back since the method is kept secret but then I might getting mad and publish it, include the open source code to Github for other experts to come and verify....once it is verified and users are jumping into it the end of the casino is set up.

Edit: Hence, it better for the casino to let it be, there is winner, and the winner is a case study to prove that their system is fair.
24  Economy / Gambling discussion / Re: Martingale revisited on: December 26, 2019, 06:21:12 AM
Only newbies will do this strategy. This is a big no-no especially on auto betting. You will come back with an empty balance. I usually do manual on dice games. When I do auto betting, it will be minimal amount.

Maybe martingale works against a peer to peer betting. But against a rich casino with a house-edge. No way.

That's because you follow the major, what I can tell is it work, just don't be greedy and be persistence.

FYI: https://imgur.com/Zec47lS

Greed and impatience are killing the wannabe martingalers

Anyone seriously considering using martingale should honestly ask themselves what they are actually looking for. Martingale is a long-distance journey which requires a great deal of patience. In simple terms, it is not a hit-and-run strategy, so if you are greedy and impatient (apart from lacking an ability to correctly assess your chances to stay in the game), this approach is probably not your thing

Guess the most users thinks the profit goes to slow and start playing to big compared with their balance.

That's the major issue of why most of the players are losing, to success the player must have enough patient and perisistence. With some programming skill anyone can make a betting strategy that fit them in which they will not lose in a specific time frame, the thing is how each of the players define that time frame. I personally bind it to the bet count, in which current target is not losing after 500,000,000 bets and to translate it to actual time required 500,000,000 / 4 / 3600 / 24 = 1446 days (where 4 is the desired bet per second according to my network connection speed to the casino site), long enough to enjoy the game, and who know by that time, the earning during the process can help to last longer (aka ability to beat a bigger losing streak that is unlikely to occur). There is an important key measure is the "earning speed" in which if you can earn fast enough in a given time frame so that in the event of an extremely rare losing streak occur the earning + initial capital is large enough to help to beat that rare losing streak. I have a key stat which is the rate of earning per total wagered amount (currently at 8%+), as long as i keep it higher than the house edge, the final result should come out possitive since a common house edge is 1% the casino is expected to earn from me 1% of wagered amount, however since my rate is 8%, there is still a big gap of 7% so that the house edge can't eat my capital+ earning (unless the casino decided to raise it house edge to above 8% which is likely a NEVER happening thing).



25  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: December 23, 2019, 06:27:46 AM

PS. It's very likely the next version of the website is going to have much more activities.


Hope so but I don't think it will make any different beside "continuous wager contest with sizable prizes" and "higher bet back, loss back ratio" with only this two features you can already getting alot of activities.
26  Economy / Scam Accusations / Re: NEW SCAM-Find out a mining site account information with password with 5BTC on: December 15, 2019, 08:54:03 PM
I already reported the link that OP's shared.

Another strategy of those scammers fooling people and might fall into their trap if you are not doing research and if you followed your emotion of being greed. It's a big BOOM that you're very lucky you did not fall on this kind of trap. Scammers now getting smarter and only naive people will fall into their next victim.

The best solution as of now, the more will report it is a high chance to eliminate this phishing site and can't be able to open.

Yes I reported including the search keyword (which is the job scamming phone number in this case) and the originate site (which has phone directory) that contains a look alike "google ads banner", that's where the actual scamming content comming from.
27  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: December 15, 2019, 12:29:58 AM
Start up of a new week and we already have some high wagerer here.
.. snip..
@milewilda do you believe that this user (newalias) is a potential whale, considering his total wager amount I feel he/she has all the signs of being a whale. Also is it just me or even others feel that as we’re heading towards the holiday season more and more whales are dropping by to play at Bitdice?.

Well it looks like a whale to me, 5 BTC is no joke for us mere mortals, but for those whales it doesn't mean anything, so yes all signs points to being another whale in the ocean. As far as holiday goes, I don't think that they will dropping or at least stop playing, they can do it even if they travel with families in the holiday season so I don't think they will take a break. They will just continue their fun specially in holidays like this.

Stupid talk in this thread just to bump it.
I think so too, althought there might be a chance that the whale like one of the games so much but to be honest whales are busy to compete for wagering contest on other sites.
28  Economy / Scam Accusations / NEW SCAM-Find out a mining site account information with password with 5BTC on: December 15, 2019, 12:05:46 AM
Here is my story:

Got a text message from someone regarding to job interview at a company called SLD, found out that I never applied for that company after looking throrough those companies I applied for and try to match their full company name with S.L.D initial but none found. I then try a quick search on google to see if any smell of fishing and managed to find out a random site with directory of phone numbers and a database connection error message with a mining site https://mcxlive.ltd including login information.

I was thinking like god damn there might be another big hack in crypto world and managed to open Tor to try to login with hope that I can find something that might be interested (well greedy I am). Managed to log in and BOOM, an account balance of 4.9xxxxx BTC sitting there with mining stat of few THs. I was like god damn I am rich, and forward to change the email address immediately and it can be done easily (I am smart enough to think that a withdrawal request may notify to the owner's email address and he will find out)! A quick thought in mind  "it look suspicious" but greedy make me forward, I then try to withdraw that amount but it said 5BTC is the minimum (with a note that can't be changed because it can only be set when creating an account), oh shit, I then immediately look at the estimate earning rate stat and look like it take at least 20 days more to reach that 5BTC, I then have a quick look on the right side and saw a payment history of every 30 days (phew that true owner might not login for like 25 days more), quickly after that I proceed to change the account password (well I can wait for it to mine and I am just sitting here as a new legit account owner) and guess what, it can't be changed and keep saying incorrect old password! I thought may be the site won't allow anynomous browsing, greedy make me to proceed again, open chrome and navigate to the site with my bare home connection, BOOM a big RED warning from the AV plugin, it was like my good soul boy gave a good caution (during the whole session) and I then search for that site on google...someone told the same story, the same account balance....Phew, another sweet dream broken but luckily I was like ready to deposit the small change to make it up to 5BTC for withdrawal.
29  Economy / Gambling discussion / Re: Martingale revisited on: December 13, 2019, 10:30:47 AM

docthsinh also have point, but I think it will also differ on how you do it your martingale strategy. I saw some different martingale strategy online, like they modified it or have some tweaks, but I still keep losing, lol.

Btw,  V1saya, can you share what kind of martingale you using or how it works?

FYI a certain thing is what every strategy posted online will not work for your case. Simple thinking is that why would one would publish it for everyone to benefit from. As for my case I wrote a program my own, implement logics and calculations my own which is unique, and to tell that would it ever be published then the answer is no unless i can find a way to bind it to my benefit and also need to limit the spreading of it.
30  Economy / Gambling discussion / Re: Martingale revisited on: December 12, 2019, 08:51:16 PM
Only newbies will do this strategy. This is a big no-no especially on auto betting. You will come back with an empty balance. I usually do manual on dice games. When I do auto betting, it will be minimal amount.

Maybe martingale works against a peer to peer betting. But against a rich casino with a house-edge. No way.

That's because you follow the major, what I can tell is it work, just don't be greedy and be persistence.

FYI: https://imgur.com/Zec47lS

It's currently passed 50 million bets mark and is this a non work case?, and if you are still around i will show you once it get to 100m mark and still in bigger profit.
31  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 12, 2019, 12:08:56 PM
So that what I say is correct, it get doubled, first the already house edge 5% and the next is 1 sat. Too aggressive in this case.

Are you for real? Are you really complaining about rounding of up to 0.000072 USD. I just explained why it is essential. Why do you just ignore that. Is it because it shows you don't have a complaint? Or is it because you want to change the subject after I just proved you incorrect?
I don't mean to complaint of the value but what is "true" must be clarified

How about apologising for this?

OK so I can confirm that your statement of:" to get a result 0 or 10000 there is 1/2 lesser chance of getting other numbers" is COMPLETELY WRONG.


Why did you just go back and edit your previous post after I had already answered it? Are you trying to make look like I ignored you latest bullshit?

This post up above sums it up perfectly.



For this, I already make a screenshot and do you want to see it? What a feeling that some thing are going to happen from your say and luckily i captured it with my post being the last. You are not answering directly straight to the point but drive the story to something else and will just telling other "bullshit, idiot, liar, blah blah" after starting to lose to defense it.

The example given just to let anyone else reading this to read and verify himself and my main point is "getting 10000 is not the same chance or 1/2 chance of getting other numbers" despite your marketing terms but technically people need to know what is the real chance behind it.

There is nothing to deny that I purposely tried to drive you to "admit that the system is really rounded of to the nearest integer" with your examples too (hope they are still there). So that I can prove that it's not and it's also not 1:20000 as per your saying to get the $200 prize number, but it's much more than that which is 1:4294967295, and also not 1:492496 as you argued with me.

Base on simple math you can't give out 30,000,000 / 492,496 = ~ 60 * 200 = 12000 USD a day understanding that this is free and your main income is not from Free Roll as well as can't effort to pay out this amount since it's only a gateway to other things.

Numbers of user accounts and total "free roll" count per day will definately huge and you simply can't and won't pay on the 1:492,496 but 1:4,294,967,295 is more realistic. I dare you to show a reasonable proof of "total free rolls played per day" and total number of rolls that hit 10000. Definately you will not because it will yield the true odd as I said.




32  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 12, 2019, 07:07:33 AM
A simple term can be understand the same way by everyone but it can be another meaning by the one whom defined it.

There is no room for misunderstanding the meaning of the word "nearest".

The reason I've asked so many time that is because on your site what currently going on an can be checked and verified is the payout of winning of Multiply BTC game which is not "rounded of to the nearest whole number" but to benefit the house it's rounded down. It's a strange thing that in any other site the rounding thing is done correctly and fair (up to the smallest unit is satoshi), but in your site despite the already high house edge, by using the math rounding, it's again "make used" to benefit the house on paying the winning payout by round down.


This is a completely different subject and I didn't reply because I didn't want the 2 issues to cloud or confuse.

There is a very simple and essential mathematical reason why the payouts are rounded down to the nearest Satoshi. If we rounded to the nearest whole number and you bet 50 sats at 1.01x the 0.5 Sat win would be rounded up to 1 Sat but you would only lose 50 Sats when you lose. That would make it a +EV bet and the bankroll would emptied 1 Sat at a time.
For anyone making reasonable size bets the rounding loss of up to 0.000072 USD isn't really of any significance.


So that what I say is correct, it get doubled, first the already house edge 5% and the next is 1 sat. Too aggressive in this case.
33  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 12, 2019, 06:44:36 AM
Don't ask me again to learn superb math if the above calculation is wrong, I only have enough math to finish my job as a seasonal Progammer, peach.

I'm not questioning your programming skills. It is your comprehension of simple basic terms like "rounded off to the nearest whole number" I am having doubts about.

I assumed everyone knew that means x.0 to x.49999..... is rounded down and x.5 to x.99999..... is rounded up. That's why the question was too dumb to answer the first time you asked it.

4294967295÷429496.7295=10000
4294967294÷429496.7295=9999.999997672
4294967293÷429496.7295=9999.999995343

etc. all get rounded up.
A simple term can be understand the same way by everyone but it can be another meaning by the one whom defined it. The reason I've asked so many time that is because on your site what currently going on an can be checked and verified is the payout of winning of Multiply BTC game which is not "rounded of to the nearest whole number" but to benefit the house it's rounded down. It's a strange thing that in any other site the rounding thing is done correctly and fair (up to the smallest unit is satoshi), but in your site despite the already high house edge, by using the math rounding, it's again "make used" to benefit the house on paying the winning payout by round down.

The same would be apply to the free roll thing where everyone can check is, the winning of $200 or 10000 will be much much more than what's currently is, if there really a 1:492496 chance for getting 10000. With that huge number of accounts (30 mil+) in average of 1 user doing 1 roll per day (average out the case a user can roll many more than that and those accounts are inactive), it 30+ million times rolled per day and surprising that a very small number of users are reporting their big win over time, if that's real then 30000000/492496 = 60 wins at least per day, this is certainly not happening but with the rate of users who reported the win...only few of them over a week, it's clearly that the later case is currently going on which is 1:4294967295 chance, and thus the report winning thread is representing this correctly which is just one or two users are reporting winning for a specific day as well as there were already days without any report. Anyone know how to think and do the statistcal math can see it clearly .

 
34  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 12, 2019, 05:31:16 AM

The issue is we need to know what's inside the free thing,

You would know if you took the 30 seconds required to read understand the provably fair tab.


There is no information, that why I've asked and you didn't answer that key part, let I repeat, if the results are from 9999.51 - 9999.99 will it get rounded "to nearest integer" to become 10000, or it would be "rounded down" to become 9999 as similar to Multiply BTC results? If you will answer that it is truly "rounded to nearest integer" then explain why there is different in Multiply BTC game given the example: betting on 0.48% win chance or 197.92 odd, the payout would be only 196 in which equal to 197.92 less 0.92 part is stripped off (or rounded down) and less 1.00 stake.

Don't ask me to read because there is different found already, it's yours to clarify, just tell the truth.

It didn't answer because the difference between "rounded off to the nearest whole number" and "rounded down" is something anyone with primary school education will understand and comparing how the rolls are calculated to how something completely different is calculated is yet another straw man.

I will ask you to read again and explain how "rounded off to the nearest whole number" could possibly be any more clear or truthful.


OK so I can confirm that your statement of:" to get a result 0 or 10000 there is 1/2 lesser chance of getting other numbers" is COMPLETELY WRONG.
According to the calculation statement of your "PROVABLY FAIR" there are 1:4,294,967,295 maximum possible outcomes of that HEX to Integer, BUT to be yielded a 10,000 rolled number there is only ONE chance (which is 4294967295 / 429496.7295 = 10000).
To get a 9999, it need to be at least 429496.7295*9999 = 4294537798. Since they are "rounded off to the nearest whole number" any numbers from 4294537798 -> 4294967294 (less the last Integer 4294967295) will become 9999. There are: 4294967294 - 4294537798 = 429496 chance of getting 9999 compare with ONE(1) chance of getting a 10000. Apply the sam calculation any number from 0-9999 will have the same chance of 1:429496 to occur while there is 1:4294967295 chance to get a 10000.

Don't ask me again to learn superb math if the above calculation is wrong, I only have enough math to finish my job as a seasonal Progammer, peach.



 
35  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 12, 2019, 02:08:03 AM

The issue is we need to know what's inside the free thing,

You would know if you took the 30 seconds required to read understand the provably fair tab.


There is no information, that why I've asked and you didn't answer that key part, let I repeat, if the results are from 9999.51 - 9999.99 will it get rounded "to nearest integer" to become 10000, or it would be "rounded down" to become 9999 as similar to Multiply BTC results? If you will answer that it is truly "rounded to nearest integer" then explain why there is different in Multiply BTC game given the example: betting on 0.48% win chance or 197.92 odd, the payout would be only 196 in which equal to 197.92 less 0.92 part is stripped off (or rounded down) and less 1.00 stake.

Don't ask me to read because there is different found already, it's yours to clarify, just tell the truth.
36  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 11, 2019, 01:26:59 AM
~  Obviously most would assume 10,000 numbers reflects equally in the chances, do you have any reference or will I find this detail anywhere related to 'provably fair formula'.  

It's under the "THIS GAME IS PROVABLY FAIR!" tab right at the top of the page.

Quote
How are rolls calculated?

Two strings are created :
STRING1 = "[NONCE]:[SERVER SEED]:[NONCE]"
STRING2 = "[NONCE]:[CLIENT SEED]:[NONCE]"
Then HMAC-SHA512 is used to hash STRING1 with STRING2 as the secret key, giving us a 128 character hex string.
The first 8 characters of the hex string are taken and converted to a decimal.
This decimal is then divided by 429496.7295 and rounded off to the nearest whole number.
This whole number is used as your roll, with the maximum possible value being 10,000.

The payout table also states that possible results are 0-10000, not 1-10000 so both results 00000 and 10000 have half the chance of being rolled than any other number due to rounding.
It's free to play so I don't see any grounds for complaint that people being scammed by this.

The issue is we need to know what's inside the free thing, I bet you would happy to take small free white powder package at the airport checkpoint Smiley. Yes it's is provably fair, but how it should be rounded? "rounded off to the nearest whole number" i don't see it would be real taken into account how bet payout is calculated which is "round down" to the nearest whole number (as example of 197.97 above) so 9999.51 up to 9999.99 would definately yield 10000 but it will not because it is being rounded down in your system.
37  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 10, 2019, 11:53:12 PM
That would be weird if true, theres 10,000 possible whole number returned in the result.   To then have 20,000 possible outcomes would be surprising then.

Each time you roll you are generating a decimal, not a whole number. There are over 4 billion possible decimal numbers you can generate and only 0.005% of those decimals can be rounded to 10000.

Yeah, the rounding myth is unknown for this site and i think it's for purpose, to verify do a small check: bet with 1 satoshi on automatic mode with odd of 200 and check what is the actual pay, 196 satoshi for your reference. The real math behind is the real accepted odd is 197.92 and the decimal parts is stripped off hence 197 less 1 for the stake thus your win is 196.

Derrive from how they do the rounding from above example, 9999.9 or 9999.999999, the right part of the decimal will always be stripped off and the chance of getting 10000 is very very slim, you are not getting rounded for 0.9 -> 0.999999 to become 1.0 for being a top 1 winner.
38  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: December 09, 2019, 07:16:03 AM
Yeah and meanwhile good old kolloh waits in the wings, not in your face but always there:)

Bitcoin price is creeping back up against the tide. Wasn't expecting it to survive the weekend but I guess we'll see how the traders in China and Japan react on Monday morning, as usual. Hope I haven't jinxed anything;)

If it does go back to 8k and above I suspect we'll see the wagers go up faster!

What i can think of is another big dump back to 3500 range before any trend reversal. But that would be the chance for casino which gambler would probably cash in from their FIAT and would proably have some spare for gamble.
39  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: December 06, 2019, 12:02:13 AM
Just started using this site for my daily gambling and so far loving it. Is the active users count on top of the page really accurate? It can't be that so few people are playing and they are able to sustain the site with that...

If you are interested in how site is doing you can find more info on their Medium blog https://medium.com/@BitDice last quarter they incured net losses of  74k, mostly on staff and legal expenditures.
They used to have more players and turnover before they organized ICO.
They are regularly slow at implementing anything users request or what they announce is never released on time.
Probably you shouldn't have problems with deposit/withdraw otherwise you must be very patient.

Hope that they are smart enough to roll out phase by phase rather than waiting to complete everything and aim for a next big thing lauch. Estimated completion is like 1st Quarter of 2020, I don't think it can be done and base on the information on the reports the project was kicked off no more than 6 months...no way it can't be completed that fast with too many features. It may take another whole full year and probably it will not be finished thus customers are going on for other sites and stay there.
40  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: December 05, 2019, 11:51:03 PM
Honestly, I don't understand these big websites going for their second websites.

The reason for us is that we want to offer the ability to buy Bitcoin from us as well. That means we need licencing and KYC checks and we don't want to impose that on freebitco.in customers so doing it on a new website is the best option.


For sure you can't just write a whole new section of "fiat/crypto exchange" feature just for the convenient of customers rather than some kind of integration with 3rd Party and certainly it will add some overhead (credit/debit card fee, 3rd party exchange fee, own casino overhead fee). IMO the only mean and main purpose of KYC checks is not for customers benefit (buy Bitcoin with fiat) in any gambling website rather than a legit way for the casino owner themself to "legally" cashout their profit to $ (source of income, expenses, gross profit, tax, net profit) or to offset their bad estate investment. Going for KYC is just a mandatory step before cashing out without the risk of tax/fraud acusation/enforcement.

You may against it with some other reasons but I don't see any other reason than that.
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