SocialBet.io :: Know how are we going to monetize a casino with TRUE ODDS

[dark08]

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

[Caladonian]

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

One of the best adjustment attracting more gamblers is to removed this KYC or to amend  it, same with other gambling house who only cater this function whether they've suspecting gamblers doing some illegal or suspicious act inside the house, but for those gamblers who are not doing anything and just enjoying, they will be more attracted to try your site if you will  adjust to this.

[socialbet]

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

[StickyFingaz]

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

Bro no one will ask you for KYC if you won't do suspicious actions.

[AhmadM]

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

[StickyFingaz]

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

[MakeMoneyBtc]

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poker.
Look at our donations - 0 Satoshi
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

Unfortunately it is pretty hard to receive donations from people when you don't have any previous experience in this gambling domain. You don't have an audience to support you with donations. So I think your best option is to find a person who is willing to invest a big amount of money in your project so you can get it started. Otherwise you will wait months, maybe years to receive donations of 1-2$ until you reach your goal.

[coinplus]

I can sort of understand why you would need investors, funding is a very important part of this business and you would be becoming big much faster with a lot of money.

Moreover, you are known to constantly brag about your zero rake, it is not really "house edge" in your case because its a game where the money you get should be considered rake, house edge is when a game is versus the casino but this game is player versus player mostly, so you have zero rake in the house. It  means if an investor wants to fund your project, how would you pay him back, or how would they make money ? You are building a business that basically has no profitable idea so far, in order to fund a project investors usually want to know how you can make money with it, without that there is no point of investing.

[pinoycash]

Having a working product can easily raised money for further development.

Why don't you launch a traditional ICO to raise money for further platform development, its been done before by other casino platform and usually ICO casino is an easy sell specially if you have some real transparent team members.

Also a tokenize profit sharing casino platform is attractive to some long term investors.

[socialbet]

I can sort of understand why you would need investors, funding is a very important part of this business and you would be becoming big much faster with a lot of money.

Moreover, you are known to constantly brag about your zero rake, it is not really "house edge" in your case because its a game where the money you get should be considered rake, house edge is when a game is versus the casino but this game is player versus player mostly, so you have zero rake in the house. It  means if an investor wants to fund your project, how would you pay him back, or how would they make money ? You are building a business that basically has no profitable idea so far, in order to fund a project investors usually want to know how you can make money with it, without that there is no point of investing.

SocialBet has different monetization channels. One of them is the ads.
Now we are focused on beta and as we pass it, the monetization model will be announced. We are doing a lot of work every day and we want to do some good job for the crypto community.
We are planning to add a new game at the end of the beta. Still without a rake or whatever you call it
 

[socialbet]

Having a working product can easily raised money for further development.

Why don't you launch a traditional ICO to raise money for further platform development, its been done before by other casino platform and usually ICO casino is an easy sell specially if you have some real transparent team members.

Also a tokenize profit sharing casino platform is attractive to some long term investors.

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good %

We are open for discussions

[pinoycash]

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good %

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform Plus ETH Token creation can easily be done if you are a real developer.

[MakeMoneyBtc]

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good %

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform Plus ETH Token creation can easily be done if you are a real developer.

Those ICO projects that do it the cheapest way usually end up as bad as they started. An ICO would be a good idea for the OP but it's not as easy as it seems. First of all a good ICO has a professional website created with good and quality informations available on it. Then an ICO should be promoted a lot which requires some money at least at the beginning. And finally they would have to worry about managing their token, adding it to different exchanges and other things like that. So an ICO requires a complicated process and I am not sure if OP wants and can afford that since he is already looking for funding.

[socialbet]

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good %

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform Plus ETH Token creation can easily be done if you are a real developer.

Those ICO projects that do it the cheapest way usually end up as bad as they started. An ICO would be a good idea for the OP but it's not as easy as it seems. First of all a good ICO has a professional website created with good and quality informations available on it. Then an ICO should be promoted a lot which requires some money at least at the beginning. And finally they would have to worry about managing their token, adding it to different exchanges and other things like that. So an ICO requires a complicated process and I am not sure if OP wants and can afford that since he is already looking for funding.

Absolutely yes! We are short of resources and can't do all at once. Our team is success oriented and we know that everything must be done at its time. Now it's time for the beta

[d1ceplayer]

I think ICO wouldn't be really a great way of going for a casino, after all you would need to create a new coin and that coin would be useless and would just be like "share of the casino" and all that which is not really the ideal solution. I think you could go with the investment option so many casinos do, they do it for bankroll but you can do it for all things regarding the casino, yeah I know it sounds weird but it can totally work.

Just an on-site investment like other casinos, check out crypto-games and all that and they have "bankroll" investment options for users, the only difference would be you would be taking money not for bankroll (since you do not need it) but for marketing and all that, you can repay people with interest later on when you start making money. That seems to be the only logical option left aside from literally selling shares of your casino.

[AhmadM]

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

[StickyFingaz]

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.

[ballerin and giroud]

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.

Do you have a plan to looking for funding? If you just offer everyone in this forum with gambling that you have I think it is not good idea. You have to find other ways, as mentioned above and explain the gambling project that you have well.

[StickyFingaz]

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi
https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.

Do you have a plan to looking for funding? If you just offer everyone in this forum with gambling that you have I think it is not good idea. You have to find other ways, as mentioned above and explain the gambling project that you have well.

We are also looking for investors not only through the web. We are already negotiating with angel investors, participation in different forms, etc.

[wwzsocki]

I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?

I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?