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Hello everyone,
Apologies for my absence lately; I've been incredibly busy working on various things for my investors. Currently, I'm facing some challenges with my cash flow, which might impact my availability here in the near future. I'm in the process of seeking new investors who are interested in supporting my casino venture.
Some of my current investors have requested their returns, and while I didn't necessarily have to comply, I chose to honor their requests, which has affected the pace of casino development. I appreciate all the valuable advice and contributions from this community, much of which I've already implemented into my casino.
Last week, I traveled to Cyprus to meet with potential investors, though the outcome remains uncertain at this point.
In the meantime, I need to carefully consider my next moves. I value your continued input and support. This isn't goodbye; I'll still be here, seeking your opinions and more.
I will keep updated here if somethings happen about my ventures.
Thank you for your all contributions. This is not good bye, this is just a step back to take a bigger step forward.
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Always will keep update . Additionally, I would like to ask everyone who in here, what do you think about the "loss bonus", "deposit bonus" and etc. What is your opinion on these thing?
The loss bonus better know as rake back or cash back are cool, you can always give 1% of each losing bet back to the user, that way they will have some small balance to keep playing on your site. About the deposit bonus, that one is cool when the rules are not insane like a roll-over of x60, if the roll-ove is low then you will see a lot of users taking that promo, and even you can do multiple bonus of this kind, first deposit gives 100%, second one gives 75%, 3rd one gives 50%. Another kind of bonus that is really nice is the rain on chat. But I'm not sure if your site will have a chat. Site will have chat opportunities for users and thank you for your advice. Also this week I already developed some new features to my project. In soon, I would like to share possible UI/UX design with the community. I just wait some confirmations from my investors because some of features doesn't exist in the crashing area. Also I gotta offer from the one online casino for working for them as COO Murphy Laws are working :DDD |
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Hey Mark, That's quite the rollercoaster you've been on with Bitcoin and the crypto world! Your story totally resonates with a lot of us here who've had their ups and downs in the market. I totally get the itch to build something that's fair and engages the community more than just the cold odds of traditional gambling. Your idea of building a new Crash game focused on a fair and enjoyable user experience is really exciting. It's awesome that you want to integrate the community's feedback into the development. Maybe you could consider features that reward patience and strategic play, which could help differentiate your game from the typical high-risk casino models. Plus, incorporating some form of profit-sharing or rewards for consistent players could keep the community engaged and invested in the game's success. What does everyone else think? Any features or ideas you'd love to see in a new community-driven Crash game? Hey, Thank you for your comment. I already design one system focusing to profit-sharing name is the "Shareholder" mechanism. On this mechanism, user can join the casino's profit and losses. |
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One of the main challenges for a new platform or business to come out whether here on gambling industry or any industries is that you would really be needing up to give something unique or havent been seen before. That's what I'm saying to this : No. The entire history of businesses tell us about it. Coca-Cola was created in 1886 then several years later another carbonated soft drink, Pepsi-Cola, was introduced by a competing company. Was a unique drink that haven't been seen before? Hardly. But it's a thriving business, thriving to this day. The revenue of PepsiCo was more than $9 billion USD in 2023. And that's just one example. Surely, such approaches also work in the realm of gambling. You can copy everything from a well-known gambling site and make just some tiny changes, say, in color palette and house edges of some games and voila, a new site is born. Will it be successful depends on many things but its uniqueness is of a minor importance. Wow, that is a very interesting approach. I saw the good and white light. |
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Always will keep update . Additionally, I would like to ask everyone who in here, what do you think about the "loss bonus", "deposit bonus" and etc. What is your opinion on these thing?
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We're on the verge of finalizing a deal with an investor, which will accelerate our processes significantly. Once everything is in place, we'll be excited to share all the details with you, including our name, logo, brand, and more.
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Your thread is already 4 pages how is it going after you've gone this many numbers of pages, how about summarizing what members have suggested and what you have concluded, and posting it in your main thread for everyone to see and analyze so people coming in new to this discussion will see the progress of this discussion I've seen the development of this discussion on the second page why not include it on the main post.
And by the way, do you already have a domain, domain is very important for a gambling platform gamblers want to know right away what the platform is based on the name of the domain, and since it's a Crashgame platform why not buy a domain that closely related to that, we'll know how serious you are if you have one already.
Before I unveil and share my new idea with the community, I need to reach out to the Crypto Gambling Foundation to become a Verified Operator, akin to established platforms like Bustabit and Stake.com. However, despite numerous attempts, their email appears to be inactive. I've also reached out to other gambling projects with no success. At present, my primary focus is obtaining verification as an operator and ensuring provable fairness. |
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Now, lets come to my this week homework. So, here's my question to you all: Should I establish this company? And if so, which country would be the most suitable location?
We have already laid our insights and that question is for you to answer , and I will instead put my question towards you is that Are you serious in having business in gambling? because if does then you should learn how to manage your desire and your money and of course that knowledge you bring us here, and hope that new strategy will be applicable to favor you and the gamblers as well. I just ask that question for creating discussion the group. I have two options on my side about establishing company. The country that i choose must be friend of gambling which means I am not going to choose Dubai or etc. And the result means about choosing country, there will direct me to tax paradise countries or cyprus. |
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Hey folks, I've been following your discussions closely. While I acknowledge that success in Bustabit largely hinges on luck, I believe there are effective strategies that can tilt the odds in one's favor. Martingale may not be the best approach, as it often leads to losses. However, I've developed alternative strategies that have been yielding positive results for me.
And other answer of the other question is my main reason for creating up this topic is to tap into the insights of fellow gamblers. I want to create the ultimate gaming experience based on what players truly desire.
Now, lets come to my this week homework. So, here's my question to you all: Should I establish this company? And if so, which country would be the most suitable location?
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What you are thinking and planning to do is actually good, but honestly speaking, it is not easy to do. Do you have any knowledge here of what you think is the OP plan? Or do you have a background in the IT course?
I only said this because it seems like an advantage because if you know something about IT, it will be easy for you to make games with the technology we have now, for sure, which will make the methods you use more effective. . Maybe just start with the simple games that the gambler community often plays in this field of the crypto space.
I have experience in software development, but I'm more interested in pursuing a career in business development. I've developed an operational plan that leverages my background to get me started. While a software background might be helpful, it's ultimately my work skills that will matter most. Background doesn't do anything, you do. |
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Hi guys, I'm trying to contact the admins of cryptogambling.org at admin@cryptogambling.org, but my emails keep bouncing back like "Undelivered Mail Returned to Sender" . Does anyone have another way to get in touch with them? Thanks! |
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As for me it is not so rare game to develop something new. And trying to find investors that moment looks strange enough as for me.
The best idea can be to show some test version at least, probably for "potential investors" but anything it must be some realized ideas. Now i only see marketing project. May be i mistake, but i saw too much scam in cryptocurrencies to believe only words.
As long there would really be assurance or kind of security then expect that there would really be no investor that would really be able to trust up. Verbals wont really be enough for them to get convinced specially we are talking some significant amount to be invested specially if its really just that still on developmental stage. It is really just that hard to get one if you are really that trying to pool up funds for a project. Yes, you do have that legit ideas and really that honest on building one but getting trust something online is really a huge challenge. Unless if you do really be able to present something which might convince them to make some investment and this is something that it is really needed. Surely it is so. That`s why i don`t believe different "last 10 slots" with "today i sold 8 of them, be fast to buy last 2". The same time as investor, i don`t want to search information for such project. I want to get information here, and it must be as full as possible to make me ask the OP about something. Here i don`t see something that can interest me yet. Hey, let's take a breather and relax. I never mentioned needing investment from you or from Bitcointalk. It seems there might have been a misunderstanding. I simply shared my roadmap and outlined what I've accomplished since day one. Let's clear up any miscommunication and focus on moving forward positively. A madman threw a stone into a well and 10 wise men can't get it out. |
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~ Now, I've known about Bustabit for a year or two. It's a place I go to unwind sometimes. For instance, just last week, I lost around $10k on futures trading. But before that loss, I actually turned $250 into nearly $5,000 on Bustabit by playing patiently. As I was doing this, I told myself I'd keep playing patiently and turn it into $100,000. However, after losing that $10k, I went back to Bustabit and the guy who play very patiently, very calm, very relax start to play with 5000bit 5000bit and lost all of the money.
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I'm sorry, what are talking about, mate? How can you turn $250 into nearly $5,000 by playing "patiently"? The answer is, you can't. No patience will help you to do something like that, it all depends only on luck. /// I agree with you that no amount of patience will make $250 almost $5,000 in gambling. That's just luck. I am convinced that you should not rely on gambling to increase your capital. Personally, I prefer to invest in more reliable and stable ways to increase my wealth that do not depend on random factors. In futures trading on Bitcoin, the game is not fair but allowing for potential wins. Backtesting can be conducted to refine strategies. When playing futures, you must develop effective strategies, considering the two possible outcomes: the price of Bitcoin either rising or falling. Same for Bustabit. |
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~ Now, I've known about Bustabit for a year or two. It's a place I go to unwind sometimes. For instance, just last week, I lost around $10k on futures trading. But before that loss, I actually turned $250 into nearly $5,000 on Bustabit by playing patiently. As I was doing this, I told myself I'd keep playing patiently and turn it into $100,000. However, after losing that $10k, I went back to Bustabit and the guy who play very patiently, very calm, very relax start to play with 5000bit 5000bit and lost all of the money.
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I'm sorry, what are talking about, mate? How can you turn $250 into nearly $5,000 by playing "patiently"? The answer is, you can't. No patience will help you to do something like that, it all depends only on luck. Now, if you want to build a new crash game and need an advice, read what @yahoo62278 said in his post. I can't add anything to that. I employ a strategic approach to my gameplay. I never play consecutively. Typically, after observing a series of red outcomes, usually around 4 or 5, I join the game. Let's say I start with a bet of 1 BIT and lose it. I then double my bet to 2 BIT, and if I lose again, I double it once more to 4 BIT. This pattern continues, always waiting for a 2x PAYOUT. After lots of games, my decisions must be made swiftly, usually within 5 seconds, and I often opt to increase my bet while simultaneously lowering the payout. For instance, if I lose two games with a 2 BIT bet, I might increase my bet by 50% and simultaneously reduce the payout by 50%, ultimately ensuring that my vault remains balanced by the end of my gaming sessions. I never play with anger. I never fight against the LEO (old. Daniel). Yes you are right sometimes, I'm losing myself and play with all bits and waiting 2x payout. If this happens, everything is going well. But end of the story, house always win. Let's check my calculation: 1 Round => Play with 2 BIT => 1.68x BUSTED | TARGET PAYOUT (DETERMINE BEFORE GAME):2 / TOTAL BET: 2 BIT | TARGET PROFIT: 4 BIT | RESULT= TOTAL 2 BIT LOST 2 Round=> Play with 2 BIT => 1.64x BUSTED| TARGET PAYOUT(DETERMINE BEFORE GAME):2 | TOTAL BET: 4 BIT | TARGET PROFIT: 4 | RESULT : TOTAL 4 BIT LOST IF I WON 2.ROUND, I WILL CLOSE MY LOSS WITH NO PROFIT. RIGHT? YES. 3 Round, At this point I have to make a decision.
Option 1:=> Play with 4 BIT => 2.22x BUSTED | TARGET PAYOUT(DETERMINE BEFORE GAME):2 | TOTAL BET: 8 BIT | TARGET PROFIT: 8 BIT | RESULT : 0 BIT PROFIT Option 2:=> Play with 8 BIT => 2.22x BUSTED | TARGET PAYOUT(DETERMINE BEFORE GAME): 1.5x | TOTAL BET: 12 BIT | TARGET PROFIT: 12 BIT | RESULT: 0 BIT PROFIT Did you see I did increase my BIT 50% and reduct my payout as same? I'm not playing with my chance. |
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I've been actively engaged in playing Bustabit, and I've noticed certain aspects lacking that could enhance the user experience. This realization has inspired me to create my own platform, starting with a fair and seamless crash game.
Bustabit is the original creator of the crash game, they also have a huge bankroll and one of the best approaches when it comes to user privacy, I don't remember Bustabit ever asking their customers to submit KYC documents. So many reasons keep them popular to this day. By the way what do you think about SPRIBE's Aviator? How would you rate them? What are the strong and weak sides of their crash game named Aviator? Development Progress:- The UI/UX design is nearly complete.
- We're actively planning the product process and system design.
- We've finalized the platform name, logo, and UI aesthetics.
Do you plan to share some UI/UX materials with us? To hype us? While I enjoy the fast pace and social aspects of Aviator, I find Bustabit's simple design more appealing. Personally, the sound effects in Aviator can be distracting, but that might not be the case for everyone. One key difference is that Bustabit utilizes a provably fair system, which is important to me. This aligns with our platform's core value of decentralization, which is why we won't be implementing KYC checks. Both Aviator and Bustabit offer exciting crash gameplay with high earning potential, but Bustabit's focus on simplicity and fairness resonates more with my preferences. About the interface is still under development, but it will offer a completely unique and innovative gameplay experience. While it shares some similarities with Bustabit, it's definitely not a clone. |
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BTC Project Update - April 3rd, 2024 Hi everyone! To follow the progress of my project, I've decided to share my journey with the individuals assisting me, as I believe it's their right to know. Currently, I am sharing what I've done so far and the stage I'm currently at in the project. To keep you informed on my project's progress, I'd like to share the current stage and some key decisions we've made.Project Stage:We're currently in the planning and development phase. We've had meetings with gambling industry people, who recommended considering investment options due to potential project costs. Based on this feedback, we're evaluating an investment plan and have prepared documents for potential investors. Our team is also finalizing the Pitch Deck for presentations. Development Progress:- The UI/UX design is nearly complete.
- We're actively planning the product process and system design.
- We've finalized the platform name, logo, and UI aesthetics.
Investment and Funding:- We've identified our competitive differentiators and will share them with potential investors.
- We're committed to the project regardless of securing investment. In that scenario, we plan to self-fund its development.
Platform Features:
- We're currently exploring the possibility of offering platform ownership (shareholders) without requiring game participation.
- After team discussions, we've decided to hold off on Web3 integration for the initial launch phase(This request came from my team, and I took holding position. After launch date, I'm going to review this more deeply).
Thank you for your time people. BTC
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Thank you for your kind words. I'm striving to create a user interface that is both unique and easily understandable. It will be so intuitive that anyone, regardless of their level of expertise, will instantly grasp the purpose of this place upon entering.
Just a friendly advice, try to remove unwanted replies when you're quoting others, making the thread more readable for someone who's visiting it for the first time, you're a newbie so you're excused, but it makes the general look much better. You are right. Thank you for your advice. I'll do that. |
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First of all hello markbit welcome to the forum again Back then, I suggested we invest in this virtual currency, but my dad shut it down completely. He said it was a scam and a waste of money. Needless to say, I dropped the whole idea and forgot about it for a while. Thanks, Dad (although ironically, he's now a successful crypto trader himself – guess it's a twist of fate!).
Oh believe me frennn almost all of this forum maybe had same feeling as you, my grandpa and one of my uncle didn't believe me at first when I play crypto thing but now they started to accept it when bitcoin gain more popularity and etc. Then came the bear market, the pandemic, and more. Bitcoin faded from my mind again until early 2021. I was in my final year of university and going through a bad breakup. My gf has cheated me and that moment To keep my mind occupied, I decided to learn about financial analysis and the crypto industry. After that year, I absorbed a ton of information – from the rise of memecoins, shitcoins and rug pulls to the highs of tokens like MAT, catecoin and the lows of losing it all on futures trading. While learning, I even started working for a couple of reputable crypto companies. Then I started to work alone alone alone then, one more company and then one more company and then one one…
Yeah bear market pandemic and broke up with girlfriend what a word. I mean this is the best time to hit the gym and start doing something  just like the Sigma male videos, and congratulations you ended up learning something and doing something useful like learning crypto more deeply. I lost around $10k on futures trading. But before that loss, I actually turned $250 into nearly $5,000 on Bustabit by playing patiently. As I was doing this, I told myself I'd keep playing patiently and turn it into $100,000. However, after losing that $10k, I went back to Bustabit and the guy who play very patiently, very calm, very relax start to play with 5000bit 5000bit and lost all of the money.
While my loss wasn't huge in the grand scheme of things, it taught me a valuable lesson: I want to create my own fair, reliable, and ultimately the best game ever.
Stay away from the futures fren even myself had loss around 3K in total so now I didn't trade futures only spot account especially if you have bunch of money you can start making 3-5% in a day from spot account. But you are crazy turned 250 into 100K that a lot of money. But here is the thing green if you want to create fair, reliable, and ultimately the best game ever. I don't believe that your site gonna make money from it I mean all casino start do promotion with fair word. So what do u mean by fair because casino itself is company for profit purposes We all share a common human history, which is why many experiences feel familiar to us. Take fairness, for example. In a game like 'Coin Flip,' where we each bet $1 and the winner takes $2(we are playing between us), fairness is inherent because no one can manipulate the outcome from the outside. However, when it comes to online casinos, trust becomes a concern. You can't always be certain if the website owner is adjusting the odds to favor their profits, like aiming to win 60% today and only 30% tomorrow. That's where fairness becomes crucial. By using a hash function to generate numbers, players can verify past outcomes and be confident that the website owner hasn't tampered with them. Of course, there's still a slight advantage for the house, typically around 1%, meaning they'll win approximately 1 game out of every 100 and this is necessary for the creating a sustainably business model. I hope my answer will satisfy to you. Thank you for your feedback. I am planning to differentiate my strategy by focusing on creating an exceptional user interface. As I was watching "Billion Dollar Code," I observed how the protagonist dedicated months of effort to showcase the Earth in a groundbreaking way. Eventually, they discovered the "Google Earth Approach Style," which revolutionized their presentation.
Thats why I believe, the gambler always gambler. The only different thing is the experience and them release a new dopamine from their brain. They must feel different.
And there is something in my mind.
Thank you for your feedback.
I like how you're describing your user's interface. Bustabit's approach is quite simple and straight-forward, and the live chat is a nice addition that makes the whole experience a little more fascinating. It certainly could use an updated interface, so from your description, I'm guessing you'll go the extra step and provide that, but keep in mind that simplicity is a virtue. Don't make a highly sophisticated game that's complicated for the average user; try to balance it between being fancy and simple enough at the same time. I wish you good luck and try to keep us updated if there's any progress. Thank you for your kind words. I'm striving to create a user interface that is both unique and easily understandable. It will be so intuitive that anyone, regardless of their level of expertise, will instantly grasp the purpose of this place upon entering. |
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I have always said it that the best thing a serious gambler can do for him or herself is, build his or her own casino and games, this way, he or she gets to actually play for as long and as frequently as he or she wants without actually losing a dime.
But the thing is that, building a good casino, and game as well, most especially from scratch, definitely will require alot of money, as well as experience, and after building out the casino and games installed on it, getting gamblers to want to try out the casino becomes another major goal, since this days, creating a website have become far much easier than getting traffic on the same website.
Can I say that your story was actually very interesting to read, I mean, I somewhat enjoyed every bit of it, and I wonder how you must be looking at your father for possibly being the reason why you did not own bitcoin at its very early stage, In 2014, I believe bitcoin was still below a hundred dollars, and look where it is today.
Anyways, if you are serious about building your own casino, and your mind is made up about it, then I support the idea, it's a very good one as long as you have the financial capabilities to make this a success, for we have seen often times some new users who come on this forum and on this board, claim to be building their own casino, but all of a sudden, they would stop being active, which most of the time, shows that they have abandoned the project.
I appreciate your kind words. I am grateful to my dad for providing me with the initial investment to enter the crypto industry. His generosity, giving me nearly $70,000 in 2021, set me on this path of delving deep into blockchain and crypto. In return for his trust and support, I've returned $200,000 to him, keeping the rest for myself. However, being involved in gambling requires a level head to avoid losing oneself in the game. I've been actively engaged in playing Bustabit, and I've noticed certain aspects lacking that could enhance the user experience. This realization has inspired me to create my own platform, starting with a fair and seamless crash game. Therefore, I've decided to channel my passion and expertise into building my own casino, with a focus on fairness and transparency. While it may not be a conventional casino at first, I aim to establish a platform that provides a superior crash gaming experience for users like myself. |
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