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Author Topic: New Casino Site Questions  (Read 467 times)
LosPitufos (OP)
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January 05, 2014, 01:35:49 PM
 #1

Hello,

We are small group of people that would like to start a Casino site, that will accept BTC (or other coins)

We like to see if that will be a good idea, so we are asking you to tell us if what we think is a good idea is something you will love.

We are planing to start small with some real casino games (card games like Black Jack, Baccarat etc. or keno 80, some scratch and win) then if it all works fine we will be constantly adding new games and new types, like video poker, slots, roulette and some raising dogs.
We plan to make it just like a real casino, as the main stream casinos still do not accept BTC for the bets.
We plan to make it all limited to virtual currency, but if it gets big we may even update to fait as well.

We plan to have a couple of affiliates programs that will give you and your friends a good profit from referring people. WE will even have program for affiliates that will be able to make a network of sub affiliates. This means you will be able to win from the affiliates of your referrals and there will not be a limit on the lvl you will receive omission on.
So let say you get a 50% from all the winnings of the Casino from your referrals, you can add a friend of yours and give them 40% of the winnings, so if they referred someone they will get 40% and you will be getting the remaining up to the 50% you are entitled to. If on other hand they decide to add someone and give them let say 20%. Then they will get the remaining up to 40% (what they earn) then you get the remaining up to 50%. And so on.

Ex:

You have 50% commission
-Friend A 40% commission
--Friend of Friend A 20% commission
-Friend B 30% commission

Let say:
all players you got in have lost like 100BTC
Friend A - 80BTC
Friend B - 200BTC
Friend of Friend A - 1000BTC

so here how it all works:
Friend B gets 30% of the 200BTC = 60BTC
Friend of Friend A - 20% of 1000BTC = 200BTC
Friend A - 40% of 80BTC + (40-20)% of 1000BTC = 32+200=232BTC
You get 50% of 100BTC + (50-40)% of 80BTC + (50-40)% of 1000BTC + (50-40)% of 200BTC = 50+8+100+20=178BTC


or if we change the upper logic and let say your players didn't play at all and the rest is kept as it is you will get 128BTC from recruitment of Friend A and B who managed to find players that generated profit.


Also just to make it clear, as this will be professional Casino software all the games are provably fair and you can check how it is calculated and also you can manipulate the variables ( we use random number generating and also will connect to a third party random generator, to have it that it will be fair) and you can manipulate how many times the random shuffle will be applied, so you will have it even tunes to your taste.


Please let us know if you find this something you like to be part of and how you feel about using BTC or some of the alt coins? also what you think if we create a coin specially for the casino, will that be better or not.
We need your feedback so we can create something useful that you will like and will be of your taste.
LosPitufos (OP)
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January 05, 2014, 01:57:49 PM
 #2

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Notice: This is only the scratch of what we plan on doing developing the BitCoinCasino.
So we will be adding more new features and as well we will consider all your suggestions so hope you will let us know how you feel about this.
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