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Author Topic: Fun-casino - online Bitcoin and Funcoin casino.  (Read 36339 times)
fundev (OP)
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March 31, 2016, 06:49:41 AM
Last edit: September 02, 2016, 08:09:10 AM by fundev
 #1

Welcome to Fun-casino, online Bitcoin casino.

Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Provably Fair" technology, which guarantees fairness of winning/loss.

Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.

Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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merelcoin
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March 31, 2016, 06:52:44 AM
 #2

Welcome to Fun-casino, first decentralized Bitcoin casino.

What does it mean – decentralized? Huh

Decentralized casinos are totally independent and anonymous without any administrators who can interfere either in gaming process or financial relations between casino players.

The purpose of such decisions, which no one controls, is to facilitate the exchange of goods and services between unknown people on the principle of "smart contract"
ensuring justice and fairness once the transaction is finished (transaction between player and fun-casino).

Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Probably Fair" technology, which guarantees fairness of winning/loss.

Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.

Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.

Strange concept...
Correct me if i'm wrong, but, decentralised = no one has controll of the funds.
But when i read your description, it looks like fun-casino still has a wallet to which you have to send your coins, so there is centralisation (fun-casino).

Am i missing something here?
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March 31, 2016, 12:15:17 PM
 #3

Welcome to Fun-casino, first decentralized Bitcoin casino.

What does it mean – decentralized? Huh

Decentralized casinos are totally independent and anonymous without any administrators who can interfere either in gaming process or financial relations between casino players.

The purpose of such decisions, which no one controls, is to facilitate the exchange of goods and services between unknown people on the principle of "smart contract"
ensuring justice and fairness once the transaction is finished (transaction between player and fun-casino).

Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on "Probably Fair" technology, which guarantees fairness of winning/loss.

Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.

Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.

Strange concept...
Correct me if i'm wrong, but, decentralised = no one has controll of the funds.
But when i read your description, it looks like fun-casino still has a wallet to which you have to send your coins, so there is centralisation (fun-casino).

Am i missing something here?


Hello,

We do have wallet but it belongs to billing system and automatically goes to user balance. This account is mutual for all users and their winnings are also withdrawn automatically.

This account is on casino code. All further functional details can't be described because of some extra safe measures and kept in secret. Wink

It seems a little centralised to me. So you have control of all of the funds recieved?
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April 07, 2016, 09:07:34 AM
 #4

I would also like to know more about who controls the funds, I mean they must go somewhere besides being used for payouts?

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April 07, 2016, 09:31:39 AM
 #5

I would also like to know more about who controls the funds, I mean they must go somewhere besides being used for payouts?


If i understand the OP correctly, there is a hot wallet. The OP mentions it's inside their billing system, nevertheless he must have the private key of the addresses somewhere (or at least, he must be able to export the private keys in case he's using an api or json-rpc), otherwise he wouldn't be able to handle payouts in case somebody wins Wink
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April 07, 2016, 12:33:52 PM
 #6

i also don't understand the decentralized part of the casino!

what is being described in the first post is the definition of on chain gambling, which is being done by many other casinos. so i don't understand why is it being called decentralized?

--looking for signature--
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April 07, 2016, 01:34:50 PM
 #7

So if no one has control over the funds ? If some financial problem occurs . Will you give us the money by your hand ?
Many are claiming that it is centralized Sad

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April 07, 2016, 01:40:27 PM
 #8

Wait, so what is your goal as casino operator? You obviously want to earn money because crating script, hosting site, keeping all things in checked is time consuming and no one will be doing this for free.
So how exactly this 'decentralized' casino is being funded? Someone is collecting House Edge for sure.
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April 08, 2016, 07:39:13 AM
 #9

Still have no deposits at Fun-casino Shocked


We do have a special offer for all players going to make their First deposit!*

Deposit over 0.1 BTC and receive 0.1 BTC bonus using the following bonus code:

UI56B45


Note*: offer is valid until April 14.

No offense but it is not special as you said, all casinos offers the same on deposit bonus which make most players will not take this bonus because of its wagering requirement.

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April 08, 2016, 07:44:44 AM
 #10

Still have no deposits at Fun-casino Shocked


We do have a special offer for all players going to make their First deposit!*

Deposit over 0.1 BTC and receive 0.1 BTC bonus using the following bonus code:

UI56B45


Note*: offer is valid until April 14.

why are you asking for big deposit at this new born casino.. can't we play for free with built in faucet. like all major casino and gambling sites. they offer some free coins for new users to play and gain trust. then they can deposit. do your site have this function?
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April 08, 2016, 09:10:22 AM
 #11

I would also like to know more about who controls the funds, I mean they must go somewhere besides being used for payouts?


As I've already mentioned we do have wallet but it belongs to billing system. The funds can be used for withdrawal and as a rule it's done automatically Wink
So basically who earns the profit and loss made by casino ? I mean if there is no owner and none to control then really sounds silly and someone must be there to control funds. I wont deposit over 0.1 as you promoted, I love my btc man Tongue
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April 08, 2016, 09:26:15 AM
 #12

I would also like to know more about who controls the funds, I mean they must go somewhere besides being used for payouts?


As I've already mentioned we do have wallet but it belongs to billing system. The funds can be used for withdrawal and as a rule it's done automatically Wink
I understand what you are saying, you've made this system so everything processes automatically, but as the owner/developer you still have control over it, right?
I don't see how you could build something like this without being able to change where the profits go (house edge).

Are you planning on releasing the code to Github?

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April 08, 2016, 10:29:33 AM
 #13

Wow, the deposit bonus are very attractive, has anyone deposit and get the bonus to try out the site yet? Thank you

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April 08, 2016, 12:18:18 PM
 #14

Decentralized???  Huh how that can possible with account registration and login system.
And you are talking about blockchain technology used to cut middleman but i don't see any game which is exactly based on blockchain or results based on blockchain. Your casino doesn't even have blockchain based game which is already in several other casinos and you are shouting as your casino being decentralized one with big 50% deposit bonus??

I am smelling something fissy inside.
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April 08, 2016, 12:37:25 PM
 #15

Decentralized???  Huh how that can possible with account registration and login system.
And you are talking about blockchain technology used to cut middleman but i don't see any game which is exactly based on blockchain or results based on blockchain. Your casino doesn't even have blockchain based game which is already in several other casinos and you are shouting as your casino being decentralized one with big 50% deposit bonus??

I am smelling something fissy inside.
Let's be realistic, they are not really decentralized. This word is popular among bitcoin users and casino just wanted to incorporate this slogan in their ad.
Because I was wondering about this 'decentralized' casino thing earlier. Look at true decentralized service like Open Bazaar and see the difference yourself.
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April 08, 2016, 12:44:34 PM
 #16

What a lie.
It is not decentralized at all and only SoftSwiss and games are Provably Fair, PocketDice isn't provably fair they may cheat users. There is no way to verify spins for Endorphina|Betsoft| games and all spins are coming from their server.
Do you have any documentation on how your billing system works?

Quote
Decentralized casinos are totally independent and anonymous without any administrators who can interfere either in gaming process or financial relations between casino players.

The purpose of such decisions, which no one controls, is to facilitate the exchange of goods and services between unknown people on the principle of “smart contract” ensuring justice and fairness once the transaction is finished (transaction between player and fun-casino).

Casino software works on Blockchain technology, which guarantees its players placing bets, winning, and withdrawing their winnings instantly, staying anonymous within the system. All Fun-casino games are based on “Probably Fair” technology, which guarantees fairness of winning/loss.

Casino offers high-quality games from world-famous game providers: Betsoft gaming, Endorphina, Ezugi, Pocket Dice, SoftSwiss. The quality and fairness of games are proven by iTech Labs certificate.

Once all Fair games rules observed, Fun-casino guarantees instant withdrawal to its players. If not, player always has a chance to play again following the rules to get their money back.


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April 08, 2016, 12:52:03 PM
 #17

I just tried your casino site and most links did not work for me. do you actually have to register an account to be able to play some the games? Tried the live dealer link and it did not work for me.

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April 08, 2016, 12:56:06 PM
 #18

I have just checked your homepage and it really looks good , but need to know more about this decentralized as all people here wants
you mentioned smart contract and decentralized , is this like what people are talking about Ethereum ?
please give us more details , cause the market is now full of good casinos and you should prove your point in order to get more customers
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April 08, 2016, 12:56:32 PM
 #19

Decentralized???  Huh how that can possible with account registration and login system.
And you are talking about blockchain technology used to cut middleman but i don't see any game which is exactly based on blockchain or results based on blockchain. Your casino doesn't even have blockchain based game which is already in several other casinos and you are shouting as your casino being decentralized one with big 50% deposit bonus??

I am smelling something fissy inside.
Let's be realistic, they are not really decentralized. This word is popular among bitcoin users and casino just wanted to incorporate this slogan in their ad.
Because I was wondering about this 'decentralized' casino thing earlier. Look at true decentralized service like Open Bazaar and see the difference yourself.
I agree with you it seems like they see decentralization is have a magnet to get a players and I think it's not a problem because their based is bitcoin gambling site.

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April 08, 2016, 01:35:19 PM
 #20

I just tried your casino site and most links did not work for me. do you actually have to register an account to be able to play some the games? Tried the live dealer link and it did not work for me.

You can play for Free most our games also, as for Live dealer games so yes, it's for BTC and you should register and make deposit at first cause it's live game. Roll Eyes
I see now. Thanks for the clearing this up. I was wondering why the buttons for them do not work. But I am thinking if I register then I must put a deposit. I hope I can just put a small amount first to try it out.

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