⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️

[Giebaymax]

The latest news is always given to the developer seems that the first signature of this comes maybe I've participated also in here.. goodluck dev

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[DimiZb]

The beta launch of blackjack is very soon, and we can see the funding is 55000 ETH, now still only half of milestone 2, seek an opportunity to achieve that amount, tough and arduous challenge.

[matsud2]

Black Jack beta is coming...

Good news
next week is coming, Many of people interested to test it. Nice work

we hope with this black jack beta release will attrack more investor

[rgornik]

Black Jack beta is coming...

Good news
next week is coming, Many of people interested to test it. Nice work

we hope with this black jack beta release will attrack more investor

It gives you clear indication that they are sirius and have working prototype to test it

[coreMCbb]

For anyone uncertain about whether to invest in Edgeless or not, here's a TLDR version of the crowdsale https://cointldr.com/edgeless-crowdsale-report-05-03-2017

I invested , its the best ico now .

I disagree, peerplays is much better imo. They offer better returns for the investors. See: https://steemit.com/investing/@xwerk/peerplay-blockchain-primary-crowdfund-has-started-today-great-chance-for-investors-and-gamblers-alike
Edgeless keeps too much for themselfes and distributing the rest via a lottery seems very strange to me. This probably means that most of the investors will never see their investment back. If you are into gambling with the odds stacked against you, well then this may be for you. But it is a losing game.

I'm looking at PeerPlays website and white paper and I can't see anything about their team. Team is the most important aspect for me as an investor. I only invest in projects that are transparent about their team and that have team members with a great track record (finished projects, previous businesses, good advisors etc.). So PeerPlays is a "no go" for me.

[blocks.explorer]

For anyone uncertain about whether to invest in Edgeless or not, here's a TLDR version of the crowdsale https://cointldr.com/edgeless-crowdsale-report-05-03-2017

I invested , its the best ico now .

I disagree, peerplays is much better imo. They offer better returns for the investors. See: https://steemit.com/investing/@xwerk/peerplay-blockchain-primary-crowdfund-has-started-today-great-chance-for-investors-and-gamblers-alike
Edgeless keeps too much for themselfes and distributing the rest via a lottery seems very strange to me. This probably means that most of the investors will never see their investment back. If you are into gambling with the odds stacked against you, well then this may be for you. But it is a losing game.

peerplays was always and is still overvalued (I think marketcap is 20-30 million or even more lol, edge is still under 1 million. this also means 20 times less pay outs to investors compared to edgeless). by the way they are not using smart contracts and ethereum...they are using old tech...they are very slow in dev and did not reach there goals in time....they dont have a great team like  edge with real gambling and smart contract experts....strategy is and was never clear, first they announced normal online games, then gambling, maybe because there is more money but also more competetion lol...there are even more to say but I will stop now.

Investing in ICO these days is a gamble. You never know what will happen. Edgeless so far has raised around $1 million, it could be 5x more after launch and realization of the roadmap or it can become 5x less if dev does not deliver or gets delays.

[MarioV]

When you will update the spreadsheet with the bounties of the first week? (https://docs.google.com/spreadsheets/d/1dYtzLfT4POk4_FjSJVQGAWp_1xbehz_NOQkLHLEGZaE/edit#gid=0)

[rubiprojects]

For anyone uncertain about whether to invest in Edgeless or not, here's a TLDR version of the crowdsale https://cointldr.com/edgeless-crowdsale-report-05-03-2017

I invested , its the best ico now .

I disagree, peerplays is much better imo. They offer better returns for the investors. See: https://steemit.com/investing/@xwerk/peerplay-blockchain-primary-crowdfund-has-started-today-great-chance-for-investors-and-gamblers-alike
Edgeless keeps too much for themselfes and distributing the rest via a lottery seems very strange to me. This probably means that most of the investors will never see their investment back. If you are into gambling with the odds stacked against you, well then this may be for you. But it is a losing game.

peerplays was always and is still overvalued (I think marketcap is 20-30 million or even more lol, edge is still under 1 million. this also means 20 times less pay outs to investors compared to edgeless). by the way they are not using smart contracts and ethereum...they are using old tech...they are very slow in dev and did not reach there goals in time....they dont have a great team like  edge with real gambling and smart contract experts....strategy is and was never clear, first they announced normal online games, then gambling, maybe because there is more money but also more competetion lol...there are even more to say but I will stop now.

Investing in ICO these days is a gamble. You never know what will happen. Edgeless so far has raised around $1 million, it could be 5x more after launch and realization of the roadmap or it can become 5x less if dev does not deliver or gets delays.

Of course, you know not ICO, buy and sell an altcoin or even bitcoin is a gamble, you target to profit, but sometimes you lost the money. But edgeless is different, we can profit from casino profit, IMO it is guaranteed, we need noob blackjack players. 

[wrxbuzz]

55000 eth, I have contributed 500 eth, so let us witness the miracle, reaching the milestone 2 in last days. Be panic guys, 0% house edge casino is the future!

[pacekliksuram]

i hope more big giant whale from nowhere join the crowdsale than reach the last milestone

[daylox]

Just a question . How can shareholders earn 14,xx % with a zero edge for casino ? Where the profit comes from ?

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.

Look at this EXTENSIVE RESEARCH  from players’ mistakes in Blackjack - on average they give away an 0.83% edge to the casino. https://wizardofodds.com/image/ask-the-wizard/how-poor-are-bj-players.pdf

And that's exactly what the casino will earn - 0.83% which is the same as playing dice with an 0.83% house edge

The second stream of profit comes from sports betting. Sports Betting connects bettors against each other, charging vig / juice / rake from each side for their bets. In this area, the casino will earn 4% from all money wagered. An analogy can again be taken from poker. Imagine two players are betting 10$ against each other and the rake is 1%. So, they are actually betting 9.90$ and winner gets 19.80$.

More information on how sports betting is making money: http://www.biasharainsight.com/2016/01/how-do-sport-betting-sites-make-money/

To sum up - the first stream of profits is from games of luck+skill. The second stream of profits is from Edgeless casino with 0% edge games and is a very strong marketing channel for attracting players to Edgeless Casino. Gamblers can enjoy fair betting conditions, and a good percentage of visitors will do Sports Betting which generates 4% returns to the Casino.

The concept has not literally come out of the blue - discussions on zero edge casinos are already occurring in the community.

https://www.bitedge.co/blog/0-house-edge-provably-fair-and-trustless-gambling/

https://www.reddit.com/r/BitcoinGambling/comments/36z3wi/which_is_the_lowest_house_edge_fair_bitcoin_casino/

You redesign the blackjack rule, you are a game changer, many news will report your well designed blackjack, I am honorable to be the part of Edgeless ICO to conquer the gambling world.

[karman383]

Nice interviews : https://tokenmarket.net/blockchain/ethereum/assets/edgeless/podcast
He is Ignas right?

[rgornik]

When you will update the spreadsheet with the bounties of the first week? (https://docs.google.com/spreadsheets/d/1dYtzLfT4POk4_FjSJVQGAWp_1xbehz_NOQkLHLEGZaE/edit#gid=0)

they are updating it on a weekly basis. but also right now they have a "bot" hunt on facebook so might take a while

[vanarebane]

We keep 50k ETH after day 1 we reached the milestone 1, after that we can hardly raise more money, we need to focus on the bigger milestone, do more marketing.

[Densitymax]

50k Eth few days ago was more than $ 1 million , today 55k Eth it is just $ 920k

[Edgeless]

50k Eth few days ago was more than $ 1 million , today 55k Eth it is just $ 920k

It's okey. Once we released a white paper, couple of month ago. ETH price at that time was 8$. All our budget and final goal was calculated accordingly.

Nice interviews : https://tokenmarket.net/blockchain/ethereum/assets/edgeless/podcast
He is Ignas right?

Tomas, our gambling professional responsible for game models and communication

P.s

We got covered by Tech Announcer: https://techannouncer.com/edgeless-io-crowdsale-breaks-1000000-barrier/

[Edgeless]

50k Eth few days ago was more than $ 1 million , today 55k Eth it is just $ 920k

It's okey. Once we released a white paper, couple of month ago. ETH price at that time was 8$. All our budget and final goal was calculated accordingly.

So if at the and of the crowdsale the price of the ETH is still higher than 8$, do you will recalculate the milestones goals according to the ETH price ?
Do you plan to hold the collected ETH or to sell them directly at the end of the ICO ? What's your strategy about that ?

Definitely we will adjust milestones to an ETH price after an ICO.

 

[coreMCbb]

50k Eth few days ago was more than $ 1 million , today 55k Eth it is just $ 920k

It's okey. Once we released a white paper, couple of month ago. ETH price at that time was 8$. All our budget and final goal was calculated accordingly.

So if at the and of the crowdsale the price of the ETH is still higher than 8$, do you will recalculate the milestones goals according to the ETH price ?
Do you plan to hold the collected ETH or to sell them directly at the end of the ICO ? What's your strategy about that ?

Definitely we will adjust milestones to an ETH price after an ICO.

 

Does this mean that you'll convert your ETH to some more stable currency (like EUR) right after the ICO?

[blocks.explorer]

For anyone uncertain about whether to invest in Edgeless or not, here's a TLDR version of the crowdsale https://cointldr.com/edgeless-crowdsale-report-05-03-2017

I invested , its the best ico now .

I disagree, peerplays is much better imo. They offer better returns for the investors. See: https://steemit.com/investing/@xwerk/peerplay-blockchain-primary-crowdfund-has-started-today-great-chance-for-investors-and-gamblers-alike
Edgeless keeps too much for themselfes and distributing the rest via a lottery seems very strange to me. This probably means that most of the investors will never see their investment back. If you are into gambling with the odds stacked against you, well then this may be for you. But it is a losing game.

peerplays was always and is still overvalued (I think marketcap is 20-30 million or even more lol, edge is still under 1 million. this also means 20 times less pay outs to investors compared to edgeless). by the way they are not using smart contracts and ethereum...they are using old tech...they are very slow in dev and did not reach there goals in time....they dont have a great team like  edge with real gambling and smart contract experts....strategy is and was never clear, first they announced normal online games, then gambling, maybe because there is more money but also more competetion lol...there are even more to say but I will stop now.

Investing in ICO these days is a gamble. You never know what will happen. Edgeless so far has raised around $1 million, it could be 5x more after launch and realization of the roadmap or it can become 5x less if dev does not deliver or gets delays.

Of course, you know not ICO, buy and sell an altcoin or even bitcoin is a gamble, you target to profit, but sometimes you lost the money. But edgeless is different, we can profit from casino profit, IMO it is guaranteed, we need noob blackjack players. 

Yes, rich noob blackjack players are needed to sustain zero edge.

As to the profits, you will still need some luck as a huge percentage of it is distributed thru lottery.

[bitvalak]

This may be good for the future ICO because yesterday I see a lot of developers who have not continued development of programs they create. Either because they are already making a lot of profit or indeed any other factors.