Will add to Crypto Flip game site. Nice.

PM'd

FanEagle:

We are planning to implement a free "coin" on the site as a means for players to test out our sites functionality before sending their own coins to the site.


To all others - please refer the OP, as we have pushed back our launch to work out some minor issues we have discovered during stress testing, as well as implement some new features we have considered during our testing phase. We aim to have a flawless gaming experience, and wish to address all impediments to a smooth and successful launch. We appreciate your patience!

Stunna:

We are marketing it as "No House Edge" in the sense that you aren't playing at slightly unbalanced odds against the house; the odds of winning are 50% as opposed to, for example, 49.5% or similarly sub-50% odds on the majority of gambling sites. We consider this a fair trade-off, as the "house" doesn't take the sum of your bet if you lose - it goes to the competing player. Instead, we take 1% of each bet exclusively, and as mentioned in the original post, this is initially to cover hosting and pay our dev team for their work. In the future, assuming the site is a success, our cut of the bets will be distributed in other means, including possibilities like an affiliate program, a dice-bot for our chatbox, and potentially other types of games within the site where you do in fact play against the house.

to poordeveloper:

No affiliate program as of yet, we don't have the capital to guarantee referral bonuses. Perhaps based on the success of the launch we will consider some affiliate incentives to attract more players. As a "poordeveloper", surely you understand. 
We will keep this thread updated with any developments!

to Rulishix:

The site itself is essentially completed as of now; we are holding off our launch for a week to stress-test the site and weed out any bugs and glitches that might jeopardize a smooth launch. We realize that the launch is basically a make-or-break type of deal when it comes to a gambling site, and so we are doing everything we can to ensure that the site runs without any flaws.

We will have some screenshots before next week, so stay tuned!

IMPORTANT UPDATE
During our run of stress tests, we've discovered a couple performance wrinkles that we would prefer to smooth
out before launching. We have pushed back our launch date to Friday, May 2nd to ensure enough time to correct
the issues, and perform another run of stress testing. In addition, we are tightening up our strategy to provide you
with the ultimate gaming experience. Updates are listed below. As well, it has been brought to our attention that a
house edge and a rake are in fact the same - we appreciate the users pointing this out and have updated our description of the site.



-What is CryptoFlip?
CryptoFlip is a peer-to-peer Bitcoin and Altcoin game site based on the classic notion of a coin toss.
1 vs. 1, human-to-human fun, with true 50/50 odds and a 1% rake!

Included site features:

• Chat box to connect with other players and CF community
• Statistics and Graphs to determine success rate of you and your opponent (per game, and total history)
• Wide array of Altcoins to choose from, with the potential for many more coins in the future
• Invite-only games (perhaps you want to challenge a friend?)

-How does it work? Where does the house profit?
At CryptoFlip, we take a 1% rake from the winnings of each bet. For us, this is our form of revenue to maintain
the site and to support our developers, with the exception of every Friday (information below). As you can imagine,
1% is a minor amount from a players perspective, and a fair amount from the developers eye, and we believe this should
leave both parties happy at the end of the day.

Example:
If you bet BTC0.1 against a player, and you win, you would be returned BTC0.199, total profit being BTC0.099
The remaining BTC0.001 goes to house.


-Do you accept Bitcoin only?
Absolutely not! One of our major goals is to diversify the online gaming industry. We accept BTC, LTC and a good selection of popular altcoins,
with the potential for many more to be added in the future..


-Provably Fair?
Yes, CryptoFlip is provably fair - this means that based on the client seed you provide and the server hash we return, you can be sure that the
final result is not tampered with. The math will be on site and open to view for anyone interested in the fairness of CryptoFlip.


-Other interesting features
In the creation of CryptoFlip, we have used HTML5 sockets, which means new games and accepted bets are updated in realtime!
Because of this we also have a very low server load and little bandwidth usage. (Only when required will data be transferred)
Due to the light-weight framework, CryptoFlip is extremely fast and sure to be responsive during the most important of times.
Our many security measures makes sure your coins are safe while playing on CryptoFlip, which means no mysterious coin disappearances!


**Update 1**
We are Happy to introduce Free Play Fridays! At CryptoFlip we've decided to provide ZERO rake every single Friday. This means
that you are playing with true 50/50 odds and full 2x profits. No strings attached!

And for those interested in the aesthetic of our site, please see the screenshot below:



Happy Flipping!

-CF Team