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

[socialbet]

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?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

[Pamadar]

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?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

[legendster]

The beta version of SocialBet is now open for players worldwide.

SocialBet, a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io, try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io

Have you approached Wefunder?
They may be the perfect place for you to raise funds.

Since you have a weird KYC policy, I would suggest you to fix that first and then approach Wefunder. See how things turn out. If you evolve your betting site into something like Wagerr, then you could become a bigger player down the line in this sector.

[beerlover]

I think the other poster for socialbet was a bit more professional, if you guys want to be taken seriously it would be better if socialbet account responds instead of stickyfingaz. I mean nobody really wants to see their casino respond with "bro" and than ask for a funding.

I think it would be wiser for a company that definitely has this much potential needs to find "business" people at heart as well, I know finding the developers and the designers are the main bulk of the production but if you are lacking funding and you need marketing than you need some "business" people who can do those sort of things, I know those type of people are not loved in coding and startup worlds but those are the ones that help you out during this stage of the company.

[StickyFingaz]

I think the other poster for socialbet was a bit more professional, if you guys want to be taken seriously it would be better if socialbet account responds instead of stickyfingaz. I mean nobody really wants to see their casino respond with "bro" and than ask for a funding.

I think it would be wiser for a company that definitely has this much potential needs to find "business" people at heart as well, I know finding the developers and the designers are the main bulk of the production but if you are lacking funding and you need marketing than you need some "business" people who can do those sort of things, I know those type of people are not loved in coding and startup worlds but those are the ones that help you out during this stage of the company.

Thanks for the advice!

This is my own profile and I am a developer .
Socialbet's account is monitoring our marketing guy.

[socialbet]

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?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

[examplens]

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?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

no matter which amount is in question? So there is no problem to withdraw 5BTC?

[tanvir232]

Personally i visit your site socialbet io.the graphics design of the site and all games are very gorgeous and attracted too.its very easy to use for beginner.All information  looks very cool.more update,more player in site.

[traderethereum]

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?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

no matter which amount is in question? So there is no problem to withdraw 5BTC?

Although it is no problem, I suggest withdrawing for small amount day by day so the system will not beep and investigate you. It already happens in the other gambling site, and I don't want you to get the same experience as them. So it's better to withdraw with safety and don't make an alarm for them.

[coinplus]

I think that is a legal requirement, they have to do that. So, all in all if a government or part of it asks socialbet for information regarding a customer for something suspicious socialbet has to follow with it otherwise they would be breaking the law.

As long as socialbet doesn't just ask for kyc on people who just won big (aka cloudbet 330 bitcoin thing) than it is fine, the kyc should not be for people who win or lose big, it should be for people who are looked by the government and when that day comes and it is asked by them than of course socialbet has to follow the regulations and laws of the country they are based in and give them the information asked. It is not about what socialbet wants or does this is the law in many countries. KYC upfront is not nice but KYC when required is expected.

[xvids]

So this is player vs player bet and the site wouldn't get anything from the bets.
And the game is like lottery in freebitco the more ticket you have the higher your chance in winning.
I like the idea but how would we or you know if the law in our country require a KYC  in your site?
Gamblers could use VPN to change their IP location.

[wwzsocki]

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

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

Exactly this is the rule I am talking about, thanks for the quote. How do I know if KYC will be not required by law when I will withdraw? I am from the EU.

[tanvir232]

Visit socialbet io I realized that this is a very simple design site.there is no colour sense for the gambling site.the donar who wants to donate they must observed your site design,feature & colour too.there is no extra attracted view. Must needed update to get big amount fund.when i followed your leaders board just shocked to see someone get 62Btc,second one get also 62btc 3rd one get 57btc.how can it possible?is it true?

[tippytoes]

Visit socialbet io I realized that this is a very simple design site.there is no colour sense for the gambling site.the donar who wants to donate they must observed your site design,feature & colour too.there is no extra attracted view. Must needed update to get big amount fund.when i followed your leaders board just shocked to see someone get 62Btc,second one get also 62btc 3rd one get 57btc.how can it possible?is it true?

Read few pages before posting. They were in the test mode at that time. So whatever big amount you are seeing, those were test performances. So don't be shocked with the amount.

How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin?
It makes me a shock to see that amount. Is that so easy to win a big amount?

After all, the site was easy to load, and it doesn't take a long time to open a full page.

Look suspicious that's a huge amount to win but it look like a testnet for the site? I will review this gambling site by the way is there any free coins to test your site? You have a 0% house edge compare to other gambling site I hope it that true.

Yes, we are in beta and still testing the platform. Anyone who registers gets fake money to test our game. Also, we use bots to test performance and that huge wins belong to them

[virasog]

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?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.

[maximumcoin]

Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.

Me too.
I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.

[maydna]

Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.

Me too.
I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.

Yes, we have so many options to register, and we can easily move to another gambling site which doesn't need KYC, and I think we are free to choose the site. That will happen too with the exchanges. So far, I only send my ID to my local exchanges because I am trading on their site and I want to deposit and withdraw from them although I always use third party services to help me to send the money.

And related to SocialBet, we have a choice to register on their site or not, and if they are required to fill KYC, then we can leave them and don't register in their site. That is the simple thing that we can do if we don't want to fill KYC and I think everyone will decide by themselves.

[socialbet]

Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.

Me too.
I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.

Yes, we have so many options to register, and we can easily move to another gambling site which doesn't need KYC, and I think we are free to choose the site. That will happen too with the exchanges. So far, I only send my ID to my local exchanges because I am trading on their site and I want to deposit and withdraw from them although I always use third party services to help me to send the money.

And related to SocialBet, we have a choice to register on their site or not, and if they are required to fill KYC, then we can leave them and don't register in their site. That is the simple thing that we can do if we don't want to fill KYC and I think everyone will decide by themselves.

Again, We won't annoy our players with KYC. This is a legal thing to avoid problems with the government.
SocialBet.io is a gambling platform which has been built by gamblers for gamblers. We are one of you. We understand you and if we find a way to remove a KYC, we shall do it immediately  For the first we removed the house edge.
And again Yes we do have a monetization model. We will announce it as we pass security, performance and a lot of other tests

[Pamadar]

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?

I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?

Here is our KYC point

We may require complete verification of Your account with all the docs needed in cases required by law

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a  player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.

Which is common with crypto gamblers, if they seen some chances being compromise they will hesitate to use the new gambling house, instead of taking chances they will keep the current one that they've got and will continue using it for their convenience, things like this needs to be assess
by the team to attract more players.

[XCANA]

Warmly want to give my personal feedback based on your website. Website look good and professional, the very first time visiting a gambling platform without any stress of navigation, keep it up as you grow up with others; in the arena of gambling. Also, the games are cool but will recommend you introducing more games into the platform that will make it measure up with others, kudos.