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61  Economy / Gambling / Re: This might be a different approach to gambling on: September 27, 2019, 03:02:40 PM
The platform is faster, have you worked on it? Within the platform, apart from the forum, whose participation has not been established, it would be useful if you could achieve some way to see users online, maybe an accountant.

Many players see if there are real players and not Bots (I am not saying that you use bots), this is very important because in this way the number of users increases and generates more interest in the players. Everything seems great.

Thank you for your feedback!

We are working on the playform everyday. We plan to release a new update somewhere next week. We currently have the amount of users online displayed at the home page. But we will look futher into that!
62  Economy / Gambling / Re: This might be a different approach to gambling on: September 27, 2019, 02:54:57 PM
Like what others concern, you need to show us that you can maintain the site without having any percentage of house edge. So, from the fees? from your own pocket? but how long?

We've seen old projects before that has this kind of feature too but in the long run, they've ended being quiet. I dunno know why, maybe they stopped already because they can't maintain their operation because of the promised 0% house edge.

We are able to fund hosting etc from our own pocket, and we don't mind doing it to give something to the community. We do all the development/coding and we enjoy doing it so that is also no issue.
I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.
I apologize for interfering in your conversation, but I could not help but note your statement about how a person can spend his money on pleasure.  The fact is that I have never met such an opinion so that it would be possible to compare any hobby and spending my finances on it with a passion for gambling. If a person spends his money on repairing and caring for a motorcycle, as well as on gasoline, then as a result he achieves what he wanted, namely the pleasure of owning a luxury motorcycle and the pleasure of driving this vehicle.  But with regard to gambling, if a gambler spends his money on a bet, then in any case he wants to get a win sometime.  Indeed, this is the whole point, and not just to play with any result .

Well we are not gamblers. From our perspective we enjoy coding and developing this platfrom. Besides that we gain pleasure from making something that hasn't been done before and might help out some ppl in the long run. The fact that ppl gamble is not good but atleast we can make sure no one profits from it.
63  Economy / Gambling / Re: This might be a different approach to gambling on: September 27, 2019, 02:48:56 PM
Dear Everyone,

We have been working on a free to use online casino with zero house egde!  After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf  
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

Zero house edge caught my attention. As much as you are trying to lay everything in the open which is commendable but a little charge wont be bad because zero edge means there wont be an reserve for the business not to even maintain the site or pay the administrators or to cover any operating expenses. With zero edge, it means as much as you the customer can lose, so also can you lose and what happens when the customer wins on first attempt or on launch, it means you have to go source for funds to pay the customer. Another factor is that when you have zero edge, then it sends a message to the public that something is going on because if you dont get money from there to run the site, you must surely be doing something shady from behind the scene to recover this money.

Thank you for your feedback!

It's an PvP system so we don't have to pay out anything. Besides that we are the admins/developers of the site so the only cost we have is hosting and we are willing to pay that out of our own pocket. We have no second agenda, and i can ensure you there is nothing shady going on behind the scene.
64  Economy / Gambling / Re: This might be a different approach to gambling on: September 26, 2019, 10:50:03 AM
Like what others concern, you need to show us that you can maintain the site without having any percentage of house edge. So, from the fees? from your own pocket? but how long?

We've seen old projects before that has this kind of feature too but in the long run, they've ended being quiet. I dunno know why, maybe they stopped already because they can't maintain their operation because of the promised 0% house edge.

We are able to fund hosting etc from our own pocket, and we don't mind doing it to give something to the community. We do all the development/coding and we enjoy doing it so that is also no issue.
I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.
65  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 09:21:08 PM
This doesn't makes sense though since you don't want to have a profit and you just want a zero house edge. I think this is some kind of an experimentation before going on to a full game. A type of collecting data before making a real casino with a house edge.

Anyway, good luck on your experiment or whatsoever. The site design is quite simple, you might wanna twerk it a little bit to look more interesting.

Thank you for your feedback!

We didn't really looked into the design that much yet, we will later on. It's experimental right now but we are going to work from what we have.
So the house edge will always be zero, even in the final version i can ensure you that. We try to collect as little data as possible, because we find privacy and anonymity very important.
66  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 07:37:36 PM
simple design with 0 house edge . I will keep eyes on your site how it will be in future .

Thank you for your feedback.
Make sure you keep up to dated with the latest update on here! Smiley



I'm still not sure how a site doesn't want profit , it doesn't make sense for me personally but maybe that's really the case here

the sportsbook part I'm not getting , it's impossible to run a book where there is no house edge cause even books that have margins can offer value bets from time to time so the book may make you lose money actually
unless the pvp part including sportsbetting as well , is that the plan to make people bet on sports against each others  ?

I understand it doesn't makes sense to you but try to see it this way, why should a online casino make money? They don't have to pay for staff, rent and equipment etc like a regular casino. Our only cost is hosting but its a small fee we willing to cover ourselves because we like doing this. Al development we enjoy doing so that is also no issue.

I don't want to share too much on the sports-bets at this time, due to the fact other casino's might copy it. But i can ensure you our sports-bets will be without any house edge an will be PvP! ;P


I might be wrong but is this some form of a test-only gambling platform which people can try out provably-fair systems before getting out on the real gambling sites? Because if it is not, then you are asking for bankruptcy at all (well you must be rich guys to begin with since you have answered that you don't do this for the profit). Zero-percent house-edge is not yet seen on this industry, and the most common is 0.1% and that's the lowest I've seen. Just checked out the site and perhaps some design tweaks would help.

It's not a test site for other casino's in anyway. Because it's not seen in this industry before we wanted to build it. Make something that hasn't been done before(as far as we know). Besides that we are not "rich" but wealthy enough to afford a monthly fee for hosting.

Erm... What do you mean you're not doing this for profit?
I'd understand this if it were a school's project but since it's a gambling site then it's also possible that you end up losing instead!

I don't think 1% up or down would be a decisive factor for some to choose you or not, you could set it to 49-51 after the beta.

Like i said we are not looking after profits. Nothing else to say about that. Tongue
Why would we end up losing? Due to the fact we pay for hosting?

I can see that but a decisive factor might be that we gain nothing from it. Player1 or Player2 wins, and the other one looses. The money stays within the community.
67  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 03:27:10 PM
Not everyone lives in the same time zone ;P But yes we are working constantly on improving the website.
We are not looking to earn revenue from it. And yes all our games wil become PvP. You could see us as a platfrom where people can play against each other without anyone interfering them, or a escrow between 2 player gambling online.
^ Good to see that you had been answered all concerns here and those suggestions that they are given. But here is also my friendly concern to you OP please do reply within one row, its looks like spamming. You can quote all in one reply. Friendly wishes and hoping that this project of yours will come successful soon good luck.

Good point.
Thank you!

I saw this site also integrated with your own forum and it could be good place to talking and discuss about games or anything else related your site although still no activities at there

Correct no activity yet, so we will just do it here.

I think that at the time of making the bets you should establish some online chat, because when the bet is made it is like something very automatic, it gives the impression that you are playing with a Bot. Try to make the interface with some colors, maybe if you can integrate night mode, it would be something to improve.

Thank you for your feedback!

We will do a lot of UI changes once the backend works perfectly, dark-mode is a good one we are also thinking about implementing that. Smiley
Did you play a bet already? Because you will join a lobby with an other player where there is a chatroom and the option to switch to public chat.
If you mean something else please try to explain it in a different way.



What people have been missing out on the "zero house edge" is that its a marketing effort obviously. They are doing a heads or tails game and hope that one day people would come over and play there without the casino itself gambling. It would mean user 1 and user 2 playing against each other and whoever the winner is the casino doesn't have a house edge since they are not in the bet themselves.

So, there is no house edge because its not a game house is involved in, think of like poker games where you play against each other. Now do they have rake I have no idea, maybe they do have a rake or maybe they don't but that doesn't change the fact that there is no house edge part. So its a marketing effort to say zero house edge in game where there is no house anyway.


You are 100% correct, and by zero house edge we mean also no rake, rate, fee, commission, or exchange cost of chips in anyway.
We do not earn money in anyway.
68  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 01:29:16 PM


Gambling sites are business and its owners do spent out some cash from their wallets to launch up the site.
Zero house edge or no any other ways on profiting will always be a question on mind.We arent building a charity here just to have that aim on having
a fair gambling to everyone.lol

Well we are not really a business we operate like one but without financial motives. I understand is weird to believe us, especially in a market that is all about money. But i can ensure you we want to work with the community hand in hand and do everything that see fit. We posses the resources to make gambling fair for everyone why shouldn't we make it? Not everyone is in it to make some money. ;P
69  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 01:17:39 PM
the site looks verry simple! its under construction or something?

Thank you for your feedback!

Yes we are still developing the site. We posted this because we strive to work hand in hand with the betting community, get feedback and improve the site in anyway the community sees fit.
70  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 01:05:45 PM
Zero house edge means you have to find a different way to make profit other than just hoping that gamblers lose at your casino! Of course, this usually happens anyway but you will get smart gamblers who make the most of 0 edge,,, especially when it comes to promotions (which is usually +EV anyway during promos even with house edge).

Only heads or tails, so this is PvP? That means site takes nothing for 0 house edge?

We don't see why we should do promotions? And why should we be making profit? I can help my neighbours for free can i? Not everyone is in it to make money.

Currently there is only head or tails, but we are playing to add more games in the future. And all those games will be PvP. Correct the site takes nothing, 0 house edge.
71  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 12:59:32 PM
~snip~
We appreciate all feedback and suggestions.
Checked out the site and observed the following:

- Design is way too bland and you could have put more effort into making it look better.
- 1 confirmation deposit should be prioritized over 3 confirmation deposits since 3 confirmations tend to take a lot of time sometimes.
- Expected to find dice and only found heads or tails which is honestly not that appealing.
- How is this 0% house edge model feasible in the long run?
^ These are the fact that I want also to know but OP I think is very busy right now, did not online from the time he posted this thread. Upon looking at the site, all replies above were right. Very poor website and how could be impossible to get revenue if there is no house edge, it means it is only third party gambling site that has a feature of P2P? Let us just wait for the update by the OP.

Not everyone lives in the same time zone ;P But yes we are working constantly on improving the website.
We are not looking to earn revenue from it. And yes all our games wil become PvP. You could see us as a platfrom where people can play against each other without anyone interfering them, or a escrow between 2 player gambling online.

72  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 12:51:15 PM
Nop... This site is far from being a beta. I think a lot of work has not been done here. The design is very dry , the forum too has to be colourful to attract discussion because colour is attracting to gamblers. Maybe, it wasn't suppose to be posted yet until it is at least 90% ready which will get visitors to be expecting a completion in their minds. Anyway, wish you well as you put the works in order.

Thank you for your feedback!

We saw it more as the beta of the idea/concept. We know the site is far from done yet. All design features we will add later on. We did post it on purpose without the site being 100% done, so we could work together with to community on improving the website in the way they see fit.
73  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 12:44:43 PM
It seems the OP has been busy to work on his site because he is come back and give more information related to his website. I visited on the site, and I look that the design is too simple and there is no advertisement or any catchy image. I think the OP should add an image on the site so people will have an interest and they will stay for a long time. As others said, I wonder how he can make a profit if he applies no house edge? In the FAQ section, I think he needs to explain about deposit and withdraw, and I hope he doesn't use KYC for the members.

We are working everyday to improve the site. Good point u made about the image but for now we think there is more important work to be done.
We are not looking to make profit in anyway. What did you find unclear about the deposit and withdraw system? And no we currently do not apply KYC, anonymity is a must for us. If we become licensed we will have to use the KYC law.
74  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 12:35:40 PM
Checked out the site and observed the following:

- Design is way too bland and you could have put more effort into making it look better.
- 1 confirmation deposit should be prioritized over 3 confirmation deposits since 3 confirmations tend to take a lot of time sometimes.
- Expected to find dice and only found heads or tails which is honestly not that appealing.
- How is this 0% house edge model feasible in the long run?

Thank you for your feedback!

-We are currently working on improving the backend of the site, all visuals are just side tasks for now.
-We are well aware of that but we decided to go for the safe option for now.
-I understand where you are coming from, we plan to add more games and make the site more diverse in the future.
-It's not, and we have no problem with that.
75  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 12:19:46 PM
Dear Everyone,

We have been working on a free to use online casino with zero house egde!  After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf  
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

May I please ask, how do you plan to earn revenue? If there is no house edge, how do you pay for the hosting or other stuffs? Or is it just during the beta period? The concern that Darkstar raised, is very valid and that's the first thing came to my mind just after reading the announcement thread!

We made that announcement thread so our users know we are trying to be as transparent as possible.

We are not trying to earn any revenue from it. We pay hosting out of our own pocket and we are currently in a financial state that allows us to do so. And the site will be 100% free, without any house edge even after the beta.
76  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 12:12:38 PM
Like what others concern, you need to show us that you can maintain the site without having any percentage of house edge. So, from the fees? from your own pocket? but how long?

We've seen old projects before that has this kind of feature too but in the long run, they've ended being quiet. I dunno know why, maybe they stopped already because they can't maintain their operation because of the promised 0% house edge.

We are able to fund hosting etc from our own pocket, and we don't mind doing it to give something to the community. We do all the development/coding and we enjoy doing it so that is also no issue.






77  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 12:02:38 PM
No need to hurry in launching your gambling site, it needs more feature games that can lure gamblers to visit. Yet, the design is too simple and it is not attractive to gambler enthusiasts for sure. Because in P2P gambling platform need more players unless if you had using bot as their opponent. The suggestion above of mine is good to follow, having an affiliate program will help your gambling site more progressive.

We understand the site is too basic to be a proper gambling site as you guys know them. We will be working on making it more attractive.
But as of now we try to focus on the idea of this concept, and making it 100% safe and working in the back end of the site. We are currently not looking for fast progress, we want to be rock solid before expanding.
78  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 11:47:25 AM
I'm worried that you're only method of turning a profit is by cheating on your heads and tails game - you know the server seed and know the opponent's client seed, so you can easily create a client seed that generates a win for you.
I'm quite confused right now because upon reading the website it's a PvP type of game. The most plausible way to have their profit if they give an advantage to your opponent and that said opponent is a player from the house. Right now there are a few people using the site so they need to use somebody to play in the site because they "do not support a bot-api." Even without a bot, you could decide on where you would give the win (generating a win to the favorable side) then profit from it.

That's just my take on the situation. No other way they could profit, no affiliates, ads, etc. Great initiative though.


Thank you for your feedback!

Please read our post above this one.

We are not looking to profit from it. You could see it as a charity organization.
79  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 11:30:23 AM
What is your business model? From what I've seen, you don't seem to have any method of making a profit, since you don't take any rake. I'm worried that you're only method of turning a profit is by cheating on your heads and tails game - you know the server seed and know the opponent's client seed, so you can easily create a client seed that generates a win for you.

There is no business model. We build this website because we do not find it fair that casino's always win.

That is a really good point you made there, you might want to klik "please read more" on our home page where we explain a new system to prevent this from happening.
The only problem with that is: that both players have to be in the lobby simultaneously, and with a brand new website where there is almost no traffic this might become an issue. We wanted to add this later on(when there is enough traffic), but since you guys are really worried about that we started development right away. Please keep in mind that this function wont be as user friendly in the beginning as the way we do it now. Eventually we want all our games to use the SSB method.
80  Economy / Gambling / Re: This might be a different approach to gambling on: September 25, 2019, 10:47:43 AM
Dear Everyone,

We have been working on a free to use online casino with zero house egde!  After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf  
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

How can we assure that you have a zero house endge? Where you can get profit if you put your house endge into zero?
Upon visiting your website its look simple theres a lot of online casino with a lot of good features its better to make a good marketing strategy to bring more customer.

it's PvP and we are not able to take an edge of that. We don't want to make profit, and we don't see why we should?
I understand the site looks really stiff and simpel. We will be working on that in the future, thank you for your feedback. Smiley
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