Chain-Bet.com | On Chain | No KYC | 15x Win | Provably Fair | Since 2016

[Vaskiy]

0% House Edge wont remain forever. Try your luck, while it lasts.

Hey its been a while that you havent posted up into your own ANN thread.Is there any new updates or development on this site? Its good to see that you do show up some
transparency when it comes to total bankroll of the site which is currently sitting on Bankroll: 9.84462836 LTC. The site did able to get 139 Bets i presumed basing
off into that Bet ID thing. 0% HE wont remain forever but doesnt mean that this will really be giving out and edge on your part.
You/House could always make reductions not on the game itself but rather on the fees that would be deducted.

Even with 0% house edge, this gambling site gets so small traffic. Logically if they decide to set a new house edge, it will make them get lesser traffic than before. In my opinion, this is not a type of game which is played by many players. Nowadays gamblers prefer to play more attractive game such as dice, roulette, slots, etc. Anyway I'm surprised that this site is still able to stay here with the low traffic since 2016.

Making revenue out of 0% house edge is a real task. If one can succeed out of it, then other forms of casinos with higher house edge will be an easy thing. As in the quote, now-a-days Gamblers are much focused on Dice than other games. Four years of continued progress without any negative impact itself a big thing.

[Bitcoin Gambling]

Hey its been a while that you havent posted up into your own ANN thread.Is there any new updates or development on this site?

Site is more or less ready. As we roll in more money, we plan to get into aggressive advertisement in future.

Its good to see that you do show up some transparency when it comes to total bankroll of the site which is currently sitting on Bankroll: 9.84462836 LTC.

Primary reason of this is that we accept investment in bankroll.

The site did able to get 139 Bets i presumed basing off into that Bet ID thing.

It is the total number of Bet ID generated since we moved to Litecoin blockchain.

0% HE wont remain forever but doesnt mean that this will really be giving out and edge on your part. You/House could always make reductions not on the game itself but rather on the fees that would be deducted.

Not really. We have no hidden cost. Everything is transparent.

[LUCKMCFLY]

Hey its been a while that you havent posted up into your own ANN thread.Is there any new updates or development on this site?

Site is more or less ready. As we roll in more money, we plan to get into aggressive advertisement in future.

Its good to see that you do show up some transparency when it comes to total bankroll of the site which is currently sitting on Bankroll: 9.84462836 LTC.

Primary reason of this is that we accept investment in bankroll.

The site did able to get 139 Bets i presumed basing off into that Bet ID thing.

It is the total number of Bet ID generated since we moved to Litecoin blockchain.

0% HE wont remain forever but doesnt mean that this will really be giving out and edge on your part. You/House could always make reductions not on the game itself but rather on the fees that would be deducted.

Not really. We have no hidden cost. Everything is transparent.

Have you thought some strategy to attract more players? Today there are many casinos that are quite competitive, some opt for a great option that is to make the signature campaign here in the forum, and has given them much success, I have also seen that they have made additional design competitions, due to Do not handle so much capital for this, do not believe that through social networks can reach more people?

[panjul07]

Have you thought some strategy to attract more players? Today there are many casinos that are quite competitive, some opt for a great option that is to make the signature campaign here in the forum, and has given them much success, I have also seen that they have made additional design competitions, due to Do not handle so much capital for this, do not believe that through social networks can reach more people?

Even if it is true that sign campaign or competition can bring good effect to the site but bear in mind that not all sites have the funds for such marketing/promotional tools.
I'm quite sure chain-bet do not have great bankroll so they wont be able to spend much money for campaign/contests.
Their game is also not attractive enough these days, so spending money for campaigns wont be something worth to do IMO.

[carlfebz2]

Have you thought some strategy to attract more players? Today there are many casinos that are quite competitive, some opt for a great option that is to make the signature campaign here in the forum, and has given them much success, I have also seen that they have made additional design competitions, due to Do not handle so much capital for this, do not believe that through social networks can reach more people?

Even if it is true that sign campaign or competition can bring good effect to the site but bear in mind that not all sites have the funds for such marketing/promotional tools.
I'm quite sure chain-bet do not have great bankroll so they wont be able to spend much money for campaign/contests.
Their game is also not attractive enough these days, so spending money for campaigns wont be something worth to do IMO.

This is the truth!

If you do try to compare the complexity of creating a gambling site like this and on a casino then you can eventually tell which one do really ask out for more cost when it comes to expenses which is into those fancy casino sites that we do have on this market and this one is just pretty simple to look at.

Even though marketing does really play a big role on sites success but the thing you had said about budget allocation and not all would really be having enough thing to do so
and so as with bankroll.Last thing which blockchain type games isnt really that popular at all.

[Bitcoin Gambling]

0% House Edge wont remain forever. Try your luck, while it lasts.

...and it is over.


Few important updates on https://www.Chain-Bet.com . . .

- Winning is now 15x.

- Minimum amount of bet is 0.0001 LTC.

- Maximum amount of bet is 0.1 LTC.

- Minimum amount of investment is 1 LTC.


Related Tweet: https://twitter.com/Chain_Bet_/status/1380937706880999427

We do not take any commission on investor's profit. We expect our investors to be active to spread the word about Chain-Bet.com on and beyond BitcoinTalk. Investors of Sr. Member rank or higher may wear the following signature...

Chain-Bet.com | On Chain Litecoin Gambling | 15x Win | Provably Fair

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[Bitcoin Gambling]

Bear market has been boon for us. Gamblers are back on Chain-Bet.com. Also, if you are on Telegram, consider joining our small new group - https://t.me/chain_bet_com.

[Bitcoin Gambling]

Currently we are running a contest to Guess & Win 10000000 Litoshi aka 0.1 LTC for Free from Chain-Bet.com. If you are on Twitter, feel free to participate.

Announcement: https://twitter.com/Chain_Bet_/status/1445825519291826184

[ryzaadit]

-snip-

Is on-chain gamble.

Most types of betting like this is suitable for "Lottery" or game like chain-bet offering to us, is old school game but some people still like it. The best things about on-chain gamble, your winning is automatically sending to your address via smart contract. The house edge 6.25%, well the RTP still almost same like Evolution Game ~XD with around 94-96%.

There is no strategy for this game, since you only guess most the time for people who want try their luck.

[milewilda]

Currently we are running a contest to Guess & Win 10000000 Litoshi aka 0.1 LTC for Free from Chain-Bet.com. If you are on Twitter, feel free to participate.

Announcement: https://twitter.com/Chain_Bet_/status/1445825519291826184

Its surprising that you had came back into this forum after several months without having any updates or whatsoever.
Checking out on the link given about promotion mechanics:
What would be the last digit of LTC block #2140000❓

Edit: Rewards is $179.74 $17.9 which i could say a small one imho on guessing up some last digit.

[ryzaadit]

-snip-

Since the game is old-school is kinda hard for them to compete with other casinos on this industry. 0.1 LTC is still good, try to gamble again and guess 1 number you will get 15x times of your and from 0.1 to 1.5 LTC ~XD.

I join the giveaway, wish me luck boys.

[Bitcoin Gambling]

Its surprising that you had came back into this forum after several months without having any updates or whatsoever.

That's not true. After June post in this thread, I have posted in August, September & October as well. Not in this thread though. May be, check my post history.

I join the giveaway, wish me luck boys.

Best of Luck.

All those, who are participating in this contest, please make sure to follow instructions in announcement tweet properly. Avoiding any task stated in instructions, will lead to disqualification.

Related Tweet: https://twitter.com/Chain_Bet_/status/1447146481731788800

[Bitcoin Gambling]

To celebrate Litecoin's 10th Birthday, Chain-Bet.com is giving away 0.1 LTC.

Details: https://twitter.com/Chain_Bet_/status/1448611831140868101

Currently we are running a contest to Guess & Win 10000000 Litoshi aka 0.1 LTC for Free from Chain-Bet.com. If you are on Twitter, feel free to participate.

Announcement: https://twitter.com/Chain_Bet_/status/1445825519291826184

Litecoin block #2140000, i.e. https://blockchair.com/litecoin/block/2140000, has been mined.

Last digit of the block hash is D.

None could guess it right. So, no one won the contest for this period.

Related Tweet: https://twitter.com/Chain_Bet_/status/1448709412151971843

[ryzaadit]

-snip-

No one win, damn.

Why not create a giveaway by guessing the last digit of the block again? rather than split the prize to everyone. Is really small to be honest ~XD more prefer guess the block again cause makes me curious who is the winner.

[Bitinity]

-snip-

No one win, damn.

Why not create a giveaway by guessing the last digit of the block again? rather than split the prize to everyone. Is really small to be honest ~XD more prefer guess the block again cause makes me curious who is the winner.

If he is going to have another giveaway, I think he should create it in this forum to get more participants but of course it should not be on the games and rounds board because the prize is in LTC so he should create it in the altcoin board (bounties). By the way it is an old site but seems to be struggling hard to get players. Without a doubt the game is not that attractive, I wonder why they do not improve by expanding the project with more games.

[ryzaadit]

-snip-

I referring for first giveaway on twitter ~XD.

I don't think they're gonna do giveaway continue on Games & Round board, they have limited funds the bankroll is also only 20-25 LTC. Is hard for them to fight on casino industry with this type gamble, so not really expect they're always doing giveaway.

Just want to see who the winner for guessing block again since no one winning on " 0.1 LTC for Free from Chain-Bet.com"

[Bitcoin Gambling]

To celebrate Litecoin's 10th Birthday, Chain-Bet.com is giving away 0.1 LTC.

Details: https://twitter.com/Chain_Bet_/status/1448611831140868101

This contest is over. 11 participants, who provided proper Litecoin address, have received 0.0090896 LTC each.

https://blockchair.com/litecoin/transaction/d3fc61867f19ff229a426bd780865bd7d7b9e39b2a929bc824624607de4d1355

Related Tweet: https://twitter.com/Chain_Bet_/status/1449344183261560837

It is interesting to see ~1 Litoshi/Byte transactions still get confirmed at next block on Litecoin network.

Why not create a giveaway by guessing the last digit of the block again? rather than split the prize to everyone. Is really small to be honest ~XD more prefer guess the block again cause makes me curious who is the winner.

Keep following us on Twitter and be on our Telegram Group. Contests will keep coming.

[ryzaadit]

-snip-

Thank you looking forward for next giveaway.

I'm not participated on the last giveaway, since the pool's giveaway prize is shared equally with everyone so not really worth for my self. More prefer guessing the block even with only 15-25$ prize but still fun to join, cause want to test the luck too ~xd

[Bitcoin Gambling]

Lately, I saw certain gambling games are asking for KYC at withdrawal. Just to let you guys know, we never did and never will. Each bet is placed from your own wallet/exchange address and, if won, sent directly to your wallet/exchange address. No question asked. Ever.

[stomachgrowls]

Lately, I saw certain gambling games are asking for KYC at withdrawal. Just to let you guys know, we never did and never will. Each bet is placed from your own wallet/exchange address and, if won, sent directly to your wallet/exchange address. No question asked. Ever.

For a Blockchain based type of game then it would really be understandable that KYC verifications wont be necessary considering that you cant even having that license since everything would be decentralized.

If you do look on those other platforms which does have providers and other things then it would really be understandable that most of them are licensed and regulation.
And as regulation becomes stricter and tighter then it understandable that they would really be needing to comply.

Do you have plans on having some marketing? Or wont really be that much that effective?