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

[o48o]

And what if they don't get the license?

If Breakoutcoin can secure a license I'm 100% sure that Edgeless can too.

Well it's a gamble , edgeless gamble that is.

[HermanTheGerman]

If anyone walked away from EDG right now, what other coin would you chose to change?

[SweetHodler]

noob question but, in order to play in the EDG casino do you need EDG tokens? Or is/will there be a cashier available where you can deposit for example btc and eth?

[electricretard]

noob question but, in order to play in the EDG casino do you need EDG tokens? Or is/will there be a cashier available where you can deposit for example btc and eth?

They just said that they will change the original plan an now you will need EDG to play in the casino. Original plan was ETH but there's an issue storing that securely. There's good and bad with this, but I remain confident with the project and well, still up like crazy from the ICO. So let's gambool with EDG

[Dewi08]

Waiting for the dumper to be done again, at least making the panic of others, and see the price on the EDG more certainly panic of all people who buy at high prices ...

[muleroaa]

I'm amazed at the team's positive attitude towards this whole thing. It's a good thing that ETH has risen so much since the crowdfund.

I'm wondering, the fact that EDG will be used now for placing bets instead of ETH, isn't that a good thing either way? It creates more buying pressure? Wouldn't this have been better to have done in the first place anyway?

Might still be good to eventually have ETH added too though, just to gain a broader audience of users I guess.

[Bigbobbasher]

Someone had mentioned this on slack: why did devs not have their remaining eth in a hardware wallet rather than parity?

[toygg]

Its good that EDG will rise like crazy in the future but then the question is will people bet EDG instead of ETH. Like would EDG lose its appear to gamblers since they might not want to bet and win EDG as EDG is a rather new token as compared to ETH which is well established and valuable because lots of ICO uses it.

[gnurta]

Here is a simple calculation:

Edgeless team claims their casino to have a 0.83% edge in practice. It means that for every $1 bet on their platform, they statistically collect $0.0083 regardless of the outcome.

In order to recover $5.6 million, the accumulated wager needs to be over $674 million (5,600,000/0.0083).

It doesn't matter whether players use ETH, BTC or EDG to bet. The total value in USD should be equal to the above figure.

How long does it take to achieve that goal?

[Pab]

Its good that EDG will rise like crazy in the future but then the question is will people bet EDG instead of ETH. Like would EDG lose its appear to gamblers since they might not want to bet and win EDG as EDG is a rather new token as compared to ETH which is well established and valuable because lots of ICO uses it.

If thay win thay can participate in lottery,look how edg is stable btc price is rasing edg is 50 cents all the time

[minorman]

Here is a simple calculation:

Edgeless team claims their casino to have a 0.83% edge in practice. It means that for every $1 bet on their platform, they statistically collect $0.0083 regardless of the outcome.

In order to recover $5.6 million, the accumulated wager needs to be over $674 million (5,600,000/0.0083).

It doesn't matter whether players use ETH, BTC or EDG to bet. The total value in USD should be equal to the above figure.

How long does it take to achieve that goal?

That looks way too long to go, I was expecting an official statement from OP regarding the hack and how are they going to proceed with the remaining funds and what would be their next roadmap?

Have they provided any update on slack for this?

[josefelix]

the best casino i would say , dont have any edge , but if i have to compare EDGE project to other , edge is the most serius project never seen so far!

[denam]

Also I saw new update regarding usage of EDG as token to place bets on the platform of Edgeless casino. It is too early to say anything what players will say but need to dig more about the full length statement and more information about the plan. How team is going to make it attractive and valuable that everyone would be willing to use it.

[voteformeg]

maybe when sportsbetting kicks in it can take a free run , lots of money involved

[BaNgTHai]

the minimum bet is .1 ETH. Thats a big min bet in USD?
How do other people feel about this? I feel like there should be some way to change min with price.

[gnurta]

https://www.reddit.com/r/ethereum/comments/6obf5w/proposal_for_all_projects_that_saw_their_funds/

Waiting for some good news.

[jacaf01]

I fear for the future of this project, it has done well for investors but since the fund to be used for the development of their platform has been drained by hackers how are they going to remain competitive in the space

[Uhde]

It is very good that the price of edg was not affected so much because of stolen ethereum tokens.
And it is a good new that casino is starting to use edg only. It is going to affect on price as well.

[trumpc2016]

I fear for the future of this project, it has done well for investors but since the fund to be used for the development of their platform has been drained by hackers how are they going to remain competitive in the space

I had a private chat with co-founder Tomas. So things are very good:

1. They have enough funds in different coins to run project, only thing what was impacted by this hack is bankroll.

2. Before they run out of money their 50 millions will be unfrozen and this is worst case, though they don't want use that money and will do everything to not touch it for next couple years.

So guys, it looks like these people will win that rat race. As I stated before, challenges like these are good for business when it's just starting because it can direct it to right path.

Attracting of ETH community is much easier than EDG. Though it's much better to start with hard things than easy because after that will come big growth. Plus investors will be happy as fuck when EDG will get to $10. It can happen even before Christmas.

[silvestar]

I buy 30.000 tokens on the first day when Edgeless entered ttrex. I sold it twice as much as the price. I am very sad. It was disappointing.