Funding and Discussion for New Gambling Site 1 to 37 or dice

[VC George]

Must be some serious shit then 
Good luck with your project

[Dabs]

Must be some serious shit then 
Good luck with your project

It is some real serious shit. Truly. Honestly. Lives have been transformed. You may think it's just a simple game. Pick a number from 1 to 37. Or pick 2 numbers from the same range.

But the impact it has on a nation and on society. It's something that many find difficult to comprehend. (It's illegal in the Philippines, but people still play it.)

Thank you for the luck. We're going to need it. But mostly marketing and promotion. If we can just capture a tiny market (and of course award prizes to winners quickly so word spreads out) then it will be a success for all the initial investors.

The concern (for me) for now is how to operate it. Can I just have a "bola" where numbers are randomly picked? Or would I have to make use of hashes and math and all that? Either way, the rules will be laid out for all the players, whether explicitly stated or implied. The point I was trying to make, the numbers are not exactly random. Think of it as "lowest unique bid auction" or something along those lines.

[geoffreyqp]

what do you mean "no limits". certainly there has to be a limit?

also to develop just one game, spending 30 btc seems like a lot to me

Bankroll, development, promotions, marketing, etc.

Sabi nga x1000 ang mapapanlunan nung winner kaya talagang kailanagan ng malaking BR

none of that is part of the 30btc to develop. there is a mention of 50btc for br which is understandable.

[Dabs]

I don't know if you've tried, but you can't really develop a good or decent bitcoin game site for less than 20 to 30 BTC (fiat equivalent).

That's about how much I spent for 64blocks.com and it took about 6 months working with him. The concept is simple. All the problems with running the site ... not so simple.

[acroman08]

"the numbers are not exactly random".
"lowest unique bid auction"

This may not work especially if we're aiming to operate and compete with the other casinos.(international)(you know how paranoid people are here)
Or is this mainly aimed at Filipinos? Another thing is the "No Limits", that's quite risky for the investors so there should always be a set max bet amount or maybe a certain percentage of the bankroll. The one I'm currently working with has 2.5% of the bankroll as the max bet amount (even though their bankroll isn't small @ 600+BTC,it's a good way to reassure investors and as well as protection against whales/bankruptcy).

I don't know if you've tried, but you can't really develop a good or decent bitcoin game site for less than 20 to 30 BTC (fiat equivalent).

That's about how much I spent for 64blocks.com and it took about 6 months working with him. The concept is simple. All the problems with running the site ... not so simple.

Yep. 20 BTC isn't gonna work, especially with the recent spate of DDoS attacks. Cloudfare for casinos could get really pricey. (around $1k-4k)

*On a side note, have you thought about adding a game like "e-bingo"? It's a popular game among Filipinos. Plus, it's got a pretty high House Edge at around 11 - 30% I think. Take a look at this https://www.betmotion.com/en/video-bingo.aspx .  

[Galer]

I don't know if you've tried, but you can't really develop a good or decent bitcoin game site for less than 20 to 30 BTC (fiat equivalent).

That's about how much I spent for 64blocks.com and it took about 6 months working with him. The concept is simple. All the problems with running the site ... not so simple.

I know this game called hweteng  in our country right.Im interested to join and invest some bitcoin.

[vindicare]

ayun I want to be part of it sir Dabs hehe kaso pag ipunan ko muna yung pang invest ko kahit konti lang tulong narin ako sa ibang gawain  goodluck po pala. Ay wait sir Dabs ask ko lang kasi diba bawal/binawalan yung mga online gambling dito satin or mali lang talaga ako ng nabasa? parang inutos ni mr. president dba? ano po bang balak niyo dun?

[kamotequte]

good luck on your project sir Dabs, im sure the people here will have your back. im willing to invest aswell. Keep it up sir.

[tenk]

ayun I want to be part of it sir Dabs hehe kaso pag ipunan ko muna yung pang invest ko kahit konti lang tulong narin ako sa ibang gawain  goodluck po pala. Ay wait sir Dabs ask ko lang kasi diba bawal/binawalan yung mga online gambling dito satin or mali lang talaga ako ng nabasa? parang inutos ni mr. president dba? ano po bang balak niyo dun?

Correct me if I'm wrong ah. I think yung online gambling na pinagbabawalan ni Duterte is the ones Pagcor accredited na mga computer gambling establishment. Di siya actually online like mga websites but establishments with computers where you can gamble.

Wala rin kasing jurisdiction ang Philippine Government regarding websites offering gambling. So they can't really touch these onlien gambling websites, unless it violates any laws of the Philippines and within the country.

[Natalim]

Thanks mate, I'll be waiting for the english thread, also note that using a provable fair script prevents you from going bankrupt in case of big bets.

I'm not going to go bankrupt the way it was originally intended to operate, no matter how much people bet. I'm not sure you get the implication here. Filipinos are quite familiar with the real life version of this game I'm trying to bring online. It's been the cause of at least one President's downfall from power.

I think I want to be part of this project, I'll keep an eye on this one. Purely a filipin concept.

[Emerge]

Navette Capital Group will be watching the developments of this.
Please provide more details on PM?

Regards

[Jeemee]

I am not really familiar with the game jueteng but I have been hearing this all over the place.
And I don't know how it works.

But I'm on your back Sir Dabs. I want to invest as well.

[bloom08]

good luck on this sir dabs.
still gonna follow this thread for updates

[passivebesiege]

Im also interested. Mahaba pa yung Panahon kaya pwede pa ako nakaipon ng pandagdag pa pero pag matatabi na ako ng pang start kung magsisimula na to good luck sir dabs.

[vindicare]

ayun I want to be part of it sir Dabs hehe kaso pag ipunan ko muna yung pang invest ko kahit konti lang tulong narin ako sa ibang gawain  goodluck po pala. Ay wait sir Dabs ask ko lang kasi diba bawal/binawalan yung mga online gambling dito satin or mali lang talaga ako ng nabasa? parang inutos ni mr. president dba? ano po bang balak niyo dun?

Correct me if I'm wrong ah. I think yung online gambling na pinagbabawalan ni Duterte is the ones Pagcor accredited na mga computer gambling establishment. Di siya actually online like mga websites but establishments with computers where you can gamble.

Wala rin kasing jurisdiction ang Philippine Government regarding websites offering gambling. So they can't really touch these onlien gambling websites, unless it violates any laws of the Philippines and within the country.

parang yun nga hehe sana hindi sakop yung magiging gambling site ni sir dabs nakalagay naman sa post niya na hindi sakop ng jurisdiction yung soon gambling site niya , go tayo mga guys

[Dabs]

"the numbers are not exactly random".
"lowest unique bid auction"

This may not work especially if we're aiming to operate and compete with the other casinos.(international)(you know how paranoid people are here)
Or is this mainly aimed at Filipinos?

Yes, this is a concern in this bitcoin-centric gambling world. Yet there are hundreds or thousands of "traditional" fiat-only gambling websites. Poker. BlackJack. Live Dealers. Slots. Other casino games. None of them are Provably Fair. They do have a certificate from some government agency, or some group that audited them. But there is no way for a player to verify anything.

It's a website operating from Saturn, so it's open to everyone in the Solar System where it is legal for players, but I won't bother checking.

I'm gambling on my reputation. It's how all traditional 1-37 operators worked. They paid out winners. Everyone knows the games are "rigged", but if you played the right strategy, you could be a winner too. It's simple: you bet on the numbers that no one else bets on.

I don't want to spell it out for you, as that's part of the fun and mystique and mystery and allure of the game. Everyone thinks they all have a chance. They do. It's essentially a raffle. I just need to find a way to make it look nice.

I could always go and make it "Provably Fair", that won't be a problem, but I'm trying to gauge interest from private investors if they want to try the "traditional" way.

Another thing is the "No Limits", that's quite risky for the investors ...

Again, I'm not sure you get what is implied by "No Limits". The house will NEVER lose. A winner will ALWAYS be declared. And prizes will ALWAYS be given to the winners every draw. In this case, all I need are private investors, there won't be any "public" investors like other dice sites where you can create an account, deposit bitcoins, and click "invest".

*On a side note, have you thought about adding a game like "e-bingo"? It's a popular game among Filipinos. Plus, it's got a pretty high House Edge at around 11 - 30% I think.

That's essentially what 64blocks already is. It's a mix of bingo, sic bo, and dice but at a house edge of 1.56%. Any kind of "traditional" lottery or bingo will indeed have a high house edge, and unless backed by a large corporation or government legally, won't attract players.


everyone else. Saturn! (The one with rings!) All legal advice welcome, but I can safely "discard" it. I don't know of any Saturnians that will attempt to sue me.

[Dabs]

A lowest unique bid auction operates under the following three main rules:

1. Whoever bids the lowest unique positive amount wins.
2. If there is no unique bid then no one wins.
3. No participant can see bids placed by other participants.

In my game, we modify the rules so #2 becomes: the lowest most unique (less participants) bid wins. So there is always a winner. And we make the game a little bit more exciting by revealing a little bit (but not enough) about the bids of other participants.

It has some semblance to Guess 2/3 of the average.

You can do an online search for these terms and you'll see some material about it.

In any case, this is the reality of actual jueteng games in the Philippines. But in this website, we are, at least open about it. OR we infer or imply that that is how we operate. As far as players are concerned, it's random for all practical intents and purposes. The "RNG" becomes all the bettors for every draw.

[Dabs]

Maybe when it launches, the first game available would be a simpler version. Pick one number from 1 to 37. Winner gets 40 times what he bet. Draw is once a day, then increases to twice a day later on. Adding more draws when there are more players.

[Dabs]

Or, as much as I like a jueteng / small town lottery type of game, maybe I can just put up a dice site which focuses on and accepts only one particular altcoin. At least we would have a more predictable future.

[kelstasy]

Nice project good luck brother!