If the bets being rolled are big and players are constantly playing then how can you say that casinos on smart contract are not at par with casinos deployed by traditional approach. At the end of the day what it matters is how many people do come back to play..? From what i have read is that Ethereum smart contracts are being deployed in every field now and will soon replace the traditional approach. I may not be much eligible as you to comment on this but i told you what i felt.
Sorry if i have commented anything wrong.
That's okay. It is a common misconception about casinos on smart-contracts.
Check vDice -
https://www.vdice.io/ - they hide wagered volume and net profit, but show number of bets - only 55,537 bets
Another casino Etheroll -
http://www.cryptocurrencychart.com/etheroll-live-stats/USD - their users wagered 91,841 Ethereum with 49.000 BETS
What's more important is that their users PAID 58,437 USD in COMMISSIONS to play the game. It's
more than 1 USD per bet.
All Ethereum casinos combined is about 1% of the Bitcoin casino volumes. Bitcoin volume is only about 5% of the whole online gambling market.
Regular players do not care about smartcontracts, they will not install special browser, special plugin and remember some special seed to play.
That's why BitDice is targeting FIAT players, rather then concentrate on smart-contract games.
PS: Sorry for the previous post, it's Edgeless who lost all funds and not Etheroll.
Regards,
Alex.