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Author Topic: Which bitcoin casino is your favourite and why?  (Read 3284 times)
Casino Nick
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January 30, 2014, 12:56:34 PM
 #61


I see your favourite casino is BitZino then according to this post? Wink I guess you must be running the bitcoincasinopro review page. Seems like a good entry for a newbie like me to discover the space:) How about promotions? I do not really see many casinos offering any deposit bonuses. Is this because there is an issue of abusing them? In the end the margins running your own games should be quite high so giving something on top should not be an issue.

Do you think provability is really so important and why the iGaming industry did not implement it yet?

To be honest I was trying to understand how it works on BitZino and there is no way I am able to prove the result with my knowledge - I get stucked with Marseene Twist ... . To me it seems like a good advertisement point but I fear for an ordinary Joe like me that would be too sophisticated to crack down and actually prove it manually.

Is provability important just for casinos that are running software from 3d party providers that are not very well known or casinos that are not really licensed to protect against scammers maybe?

I am not so sure that a normal casino player fear when playing a game from NET ENT or Playtech that they are actually tweaking their RNG? In the end most of the big casinos out there in the iGaming industry are either using Microgaming, Playtech or Netent and some others smaller providers. Games run on their servers for multiple operators so they have a huge reputation to loose if they would set up the games manually.

I can only speak for BitcoinVideoCasino, but we don't offer deposit bonuses and other promotions because our house edge is too low for it to be a profitable marketing strategy. It's better for the players to pick casinos with published low house edges than play with casinos who have an edge high enough to offer bonuses. Those casinos are also much less likely to publish their rates.

We also developed every game from the ground up ourselves, we're provably fair, we publish house edge, our Android app is open source, and we have a publicly available API. Users on BitcoinVideoCasino also have the option to manually change the client seed. Provable fairness is important in the Bitcoin Casino industry because we have no regulatory bodies, there has to be some way to monitor a casino's behavior and players need assurances that they are not being scammed.

Is any casino actually doing instant cash outs and up to what amount? Are instant cash outs just a promotional phrase? Smiley Let's say I deposit 1 BTC i play and after 1 day I decide to withdraw 1.5 BTC. Are casinos actually processing this instantly?

I am really curious how that works considering the risk you might have as casino.
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aksplace
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January 30, 2014, 08:57:36 PM
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On The Official BCP Recommended List all casinos send immediately.  

Casino Nick
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January 30, 2014, 09:26:50 PM
 #63

On The Official BCP Recommended List all casinos send immediately.  

I guess most of them are indeed instantly processing 0.1 BTC. Would be interesting to know up to which amount. I guess this depends on the liquidity but lets say you cash out 10BTC. I really wonder how many bitcoin casinos give you an instant cashout for that.

Is BCP recommended list everybody with A+ rating or everybody on the review list even the ones with D rating?
aksplace
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January 30, 2014, 09:44:26 PM
 #64

On The Official BCP Recommended List all casinos send immediately.  

I guess most of them are indeed instantly processing 0.1 BTC. Would be interesting to know up to which amount. I guess this depends on the liquidity but lets say you cash out 10BTC. I really wonder how many bitcoin casinos give you an instant cashout for that.

Is BCP recommended list everybody with A+ rating or everybody on the review list even the ones with D rating?

Everyone on the recommended list holds an A+ rating and that includes a few companies that offer no affiliate programs and/or not sponsors.

Casino Nick
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January 31, 2014, 04:55:16 PM
 #65

On The Official BCP Recommended List all casinos send immediately.  

I guess most of them are indeed instantly processing 0.1 BTC. Would be interesting to know up to which amount. I guess this depends on the liquidity but lets say you cash out 10BTC. I really wonder how many bitcoin casinos give you an instant cashout for that.

Is BCP recommended list everybody with A+ rating or everybody on the review list even the ones with D rating?

Everyone on the recommended list holds an A+ rating and that includes a few companies that offer no affiliate programs and/or not sponsors.

Awesome, so I assume you tested them all. Nice job, getting paid for playing Smiley
bitcoinproplayer
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February 10, 2014, 10:28:51 AM
 #66

In a 8 deck shoe of Baccarat the house edge on a banker bet is 1.06%. Therefore, if you bet $1.00 for 10,000 games, the game balance should be around -1.06%*$10000 = -$100.60
Depending on what deposit and bonus offer you receive, the final balance will be different from casino to casino.

So lets suppose a casino offered you a 200% bonus with a 12x rollover. You will have to look in the fine print but for example BITOOMBA Casino says Baccarat hands equal only .25% of the rollover so we will have to multiply the 12x rollover by 4 to satisfy such bonus. If you deposit $100, just by playing Baccarat alone and only wagering $1.00 per spin you would have to play banker 14400 times to meet such rollover. Lets plug the numbers into the calculation and this is what you should end up around -1.06%*$14400 = -$152.64.

Initial Deposit  + $200 Bonus - $152.64 = +47.36

If this is the case the player has a real edge and is unsuitable for a casino to offer long term especially with bitcoins which anyone could actually create 100 accounts and take such bonus offers. One thing is certain, Most RNG casino software is designed to take advantage of players and without the really dumb providers exposing themselves (casino web scripts for example and also the same software Bit777 shilled for) it sadly goes undetected.

For obvious reasons i would say....
RitzGrandCasino.com



https://RitzGrandCasino.com

Really another casinowebscripts product, you know your casino software is shit right and has been proven unfair.

https://bitcointalk.org/index.php?topic=410999.msg4537112#msg4537112


Tell me, did you work with cws and inspected their software? Did you certify their software to say it is unfair? I don't see in your profile that you work for a gaming certification authority.
So far both of you are just kids hiding behind your monitor and saying so much crap because you lack having a real life. Did you know that any software and games can be certified by a gaming authority?
But that is the job of the casino owner, not the developer's job, to certify a software.
The way cws sells their stuff gives a lot of flexibility to the buyer, allowing him to certify his games, modify them, etc. So what happens after they sell the software has nothing to do with cws. If the casino owner wants a certification, then he should go get it and put a stop to all the bad whispers.

The only thing I agree with you is that every online casino should have some sort of certification from a 3rd party. All those provably fair solutions that you guys praise to the skies 24/7, don't really say that the algorithms are not rigged to give a certain order for the cards or that the odds cannot be influenced. All that provably fair stuff happens on the casino's server, so unless someone verified the games and stated that nothing like that ever happens, provably fair doesn't exist. See this: http://www.reddit.com/r/Bitcoin/comments/1frm4x/

So for now stop talking so much trash about certification, provably fair and fairness, because the number of certified bitcoin casinos is less than 5% of the total bitcoin casinos and if you want to give names, then casinowebscripts is definitely not the first one to start with.
I worked with cws in the past, back in 2010 when I had a licensed casino in Philippines. They were very kind to me, so I don't like your tone here.


As for aksplace ... don't believe a word this guy says. If you however want to believe all the stories that this guy makes up, then take a few minutes and read this: https://bitcointalk.org/index.php?topic=310568.0

On-Topic: "Casino Nick", there are many provably fair casinos, but provably fair doesn't mean 100% fair. For me, fair means 100%. What is not 100% fair, is not fair at all. Just read the reddit post I gave. This basically reduces your selection amount to just a few names or maybe to 0.
Lucky Cris
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February 12, 2014, 04:02:51 AM
 #67

....every online casino should have some sort of certification from a 3rd party. All those provably fair solutions that you guys praise to the skies 24/7, don't really say that the algorithms are not rigged to give a certain order for the cards or that the odds cannot be influenced. All that provably fair stuff happens on the casino's server, so unless someone verified the games and stated that nothing like that ever happens, provably fair doesn't exist. See this: http://www.reddit.com/r/Bitcoin/comments/1frm4x/

...there are many provably fair casinos, but provably fair doesn't mean 100% fair. For me, fair means 100%. What is not 100% fair, is not fair at all. Just read the reddit post I gave. This basically reduces your selection amount to just a few names or maybe to 0.

Couple of days of rest from the forum - what's my welcome: I get my ass slapped back into reality! There is not one thing I disagree with. Matter of fact, I'm sure I've experienced just about all of the exploits in that reddit thread. I've yet to play at a bitcoin casino whose slots don't take advantage of them  - I DARE ANY OF THEM TO CHALLENGE THIS - we can definitely let the forum members to be the judge of it.


reymarkperry
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February 18, 2014, 07:18:28 AM
 #68

I enjoy playing casino games at Betcoin™. I trust this website because they’re 100% provably fair and I heard a lot of good feedback from random people about this site. They have plenty of games you can choose from, so you’ll really get a total entertainment if you join here.

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Lucky Cris
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February 19, 2014, 12:08:59 AM
 #69

I enjoy playing casino games at Betcoin™. I trust this website because they’re 100% provably fair and I heard a lot of good feedback from random people about this site. They have plenty of games you can choose from, so you’ll really get a total entertainment if you join here.

Betcoin.tm is the biggest scam site that there is - just for kicks I sent some coins there today because no one was playing... well, as usual, their bot came online and I lost every spin while it took all the winning spins. You really need to stop promoting this site.

btcgolfing
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February 19, 2014, 02:07:41 AM
 #70

Anything provably fair  Grin
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