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Author Topic: ⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️  (Read 373285 times)
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July 03, 2017, 08:40:10 PM
 #4061

edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out

To take part at the lounge lottery? no idea what is that..

And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?

On Etheroll for example you get dividents from the gambling game.

If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.
This is what i understand from the whitepaper.
The profits of edg wil go for 40% to the lottery, and it wil be evenly distributed over all tokens. ( this is calles the lottery )
You can stake the edg tokens to recive this bounty, and the ''prices'' won by the tokens that havent been staked will be added to the lottery of the coming month.

please correct me if i am wrong

How to stake the EDG tokens? I still havent got an answer to that?
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July 03, 2017, 08:46:23 PM
 #4062

edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out

To take part at the lounge lottery? no idea what is that..

And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?

On Etheroll for example you get dividents from the gambling game.

If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.
This is what i understand from the whitepaper.
The profits of edg wil go for 40% to the lottery, and it wil be evenly distributed over all tokens. ( this is calles the lottery )
You can stake the edg tokens to recive this bounty, and the ''prices'' won by the tokens that havent been staked will be added to the lottery of the coming month.

please correct me if i am wrong

How to stake the EDG tokens? I still havent got an answer to that?


When the platform launches you can send EDG over there.
I imagine where would be  staking feature where the EDG can be staked.
So we just need to wait on the release of the platform.
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July 03, 2017, 09:23:54 PM
 #4063

Hi guys. any thought about listining to Polo or Kraken? EDG is really solid project, so it needs more volume!

Hello. I don't really think that edg can be ever listed on poloniex because poloniex is very taft against casino-based projects. Here edg is a pure casino project and this makes the poloniex possibility very low. For the Kraken, it would be great for edgeless community.
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July 03, 2017, 09:36:55 PM
 #4064

Hi guys. any thought about listining to Polo or Kraken? EDG is really solid project, so it needs more volume!

Hello. I don't really think that edg can be ever listed on poloniex because poloniex is very taft against casino-based projects. Here edg is a pure casino project and this makes the poloniex possibility very low. For the Kraken, it would be great for edgeless community.
nothing is impossible , if edgeless have the strong community and the high trade vol. i think poloniex is no reason to refuse a good token. Wink
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July 04, 2017, 12:12:36 AM
 #4065

Hi guys. any thought about listining to Polo or Kraken? EDG is really solid project, so it needs more volume!

Hello. I don't really think that edg can be ever listed on poloniex because poloniex is very taft against casino-based projects. Here edg is a pure casino project and this makes the poloniex possibility very low. For the Kraken, it would be great for edgeless community.
nothing is impossible , if edgeless have the strong community and the high trade vol. i think poloniex is no reason to refuse a good token. Wink
The volume is not quite big yet and the development is not fully done, maybe after such development and we will see a big
buying power of EDG token then poloniex might think of adding edgeless. We never know at least we have a very hardworking devs.
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July 04, 2017, 07:34:50 AM
 #4066

Blackjack needs some graphic design work. Hopefully it looks cleaner before release. Get the graphics smooth, platform stable, and market and this coin will be the best long term investment in crypto for the next 3 years.
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July 04, 2017, 07:37:58 AM
 #4067

how is the license is going on? Is there any update? around 10 days ago they said they just need license before go on live. Hopefully this week we will see full versions. Team was always on schedule so I don't think they will miss this milestone
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July 04, 2017, 08:02:23 AM
 #4068

Edgeless casino idea is excellent but it's value is not supported by the coin. Who wants to invest million dollars to get a ticket for a lottery which is only %40 of the profit of barely known casino. There is no doubt price will rise. After the release , there will be great dump. Do not be fascinated by hype.

How about rise in last few days, ha?

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July 04, 2017, 12:59:33 PM
Last edit: July 04, 2017, 02:48:40 PM by Pab
 #4069

EDG is now traded on ShapeShift exchange https://twitter.com/edgelessproject/status/882116774073843714

and edg update read it is worth to https://medium.com/@tomasdraksas/dev-update-4-key-milestones-and-launch-308649a2944d

Thanks devs looks like edg future is bright


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entr
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July 04, 2017, 03:34:47 PM
 #4070

Edgeless casino idea is excellent but it's value is not supported by the coin. Who wants to invest million dollars to get a ticket for a lottery which is only %40 of the profit of barely known casino. There is no doubt price will rise. After the release , there will be great dump. Do not be fascinated by hype.

How about rise in last few days, ha?

Nothing unexpected.
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July 04, 2017, 04:39:02 PM
 #4071

can I ask, how is it possible that a casino has 0% edge? What does that mean excatly? In games of black jack or roulette odds are set to be in favor of the house as default. Can somebody please explain this to me?
It would make sense to me if for example edgeless would have poker, where it actually varies from site to site the amount of rake(house edge) you have to pay.
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July 04, 2017, 04:44:06 PM
 #4072

can I ask, how is it possible that a casino has 0% edge? What does that mean excatly? In games of black jack or roulette odds are set to be in favor of the house as default. Can somebody please explain this to me?
It would make sense to me if for example edgeless would have poker, where it actually varies from site to site the amount of rake(house edge) you have to pay.
please read OP !!


Quote
How Edgeless Casino Can Be Profitable Business with 0% edge?

Casino profits and 0% (0.83% in practise) house edge concept.

There are several ways how Edgeless Casino can be profitable. Edgeless Casino provides games which depend on LUCK+SKILL and Sports Betting.

The first two games provided will be Blackjack and Video Poker. Both games are played with a combination of LUCK and SKILL. That means players make choices and either play well or poorly. To give an example of such a situation:

Blackjack:
House has a 6 card.
The player has 16.
The player wants to collect at least 17 and hits for one more card. - BAD MISTAKE.
The player just made a huge error, because, 12+ against 6 ALWAYS STAYS. (according to Blackjack basic strategy)

An average player does not play ‘the perfect game’ therefore, in the long run the casino makes a profit from his mistakes.

An analogy can be taken from poker. A new player is playing against a Pro. Both have equal probability conditions - 50% vs. 50%. However, the Pro player makes better choices and the new player makes bad decisions, and in the long run, the Pro wins.


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July 04, 2017, 08:29:26 PM
 #4073

i'll buy edgeless until casino is done and then lend my edg to profit. i believe edg team and korean friends Smiley
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July 04, 2017, 11:49:21 PM
 #4074

If FunFair deliver their product (they have a working beta now) none of the existing Ethereum-based casino projects will be able to compete with them.
Edgeless is expected to be slower and to have higher fees.
Edgeless doesn't offer any Slots games. While everybody in the industry knows that Casinos Make More Money on Slots Than Any Other Game

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July 04, 2017, 11:54:23 PM
 #4075

Amazing that the price of edgeless to the moon now
Big order at 0.00027 btc at bittrex, i wish the price will go go up more and more
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July 05, 2017, 12:12:09 AM
 #4076

Amazing that the price of edgeless to the moon now
Big order at 0.00027 btc at bittrex, i wish the price will go go up more and more
Yes 1$ is near,edg will develop his own technology to solve problems related to etherum network and strategic partners edg has chances to be top casino of the world


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Itsmafy
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July 05, 2017, 12:53:26 AM
 #4077

This pump is insane. Let's go for 2$ at least.
Maslate
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July 05, 2017, 03:14:41 AM
 #4078

This pump is insane. Let's go for 2$ at least.
No we are going to hit 1 dollar first and everything will follow..
Right now it has slowly breaking the 30,000 sats and when it happen I am sure the price will
push through, this is good for us, keep holding and trust the developers.

SEnergy
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July 05, 2017, 03:33:53 AM
 #4079

I'm not sure whether this has been mentioned already (I just found you on coinmarketcap), but this, in my country, is called "shitting in your own mouth"
aisyah88
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July 05, 2017, 03:38:53 AM
 #4080

This pump is insane. Let's go for 2$ at least.
No we are going to hit 1 dollar first and everything will follow..
Right now it has slowly breaking the 30,000 sats and when it happen I am sure the price will
push through, this is good for us, keep holding and trust the developers.
Is there any truth in what you are saying at the moment, so how long will it take to see prices going around 30k ??
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