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

[ChrisPop]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

[dark08]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

[Bitinity]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.

[socialbet]

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.

Thank's for feedback.
We have mind-blowing game ideas

[Mux@]

Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))

[socialbet]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

Just give us some time and You will see, that 0 is real. We have really BIG ideas

[socialbet]

Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))

We are not going to disappear. We did and are doing a lot of work every day. Please check our website, pay attention to our site performance, interface and read more about our mission at socialbet.io/about.
I think the only thing that will disappear is your doubts

[Idrisu]

Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))

It has been part of this fundraising and few are been honest.  I know many of this lottery websites that asked for funding but at the end we see that investors are finding it difficult to come up with good returned on there invest.  However,  we still have other gambling project that comes here to raise funds and are doing extremely well.

[milewilda]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.

Even on Dice/Blackhack wont even give them profits on 0% houseedge unless if they would charge up some fees before withdrawal but on any angle, a certain
gambling site wont able to sustain for long term if they would continue not to be profitable.We know that these are businesses and in order to survive they would need to earn money
and without it then expected for this to fail and die.

[steampunkz]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

I think this one of there unique features from other online casinos that have this kinds of games.
 My question do they need a  big sponsors? I cannot understand because they already launch their beta site.

[socialbet]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.

Even on Dice/Blackhack wont even give them profits on 0% houseedge unless if they would charge up some fees before withdrawal but on any angle, a certain
gambling site wont able to sustain for long term if they would continue not to be profitable.We know that these are businesses and in order to survive they would need to earn money
and without it then expected for this to fail and die.

We are not going to monetize the game. But shall monetize the project. And we will get a profit. We understand that it is very unbelievable and uncommon, but the day has come! Technologies + our creativeness will solve the problem

[Supercrypt]

How is the funding search process going ? Have you guys found any investors that would be interested in funding the project ? I know it must be crazy hard to find an investor who wouldn't mind paying money for a project that has %0 house rake because it would be really difficult to make the money back, even on projects that are totally irrelevant to casinos people prefer to invest into stuff that has monthly recurring revenue instead of just advertisement money.

But, no matter what the user numbers on the beta must be saying how much visitors and how many users and how many active betters are there which would kind of show how much you could make from advertisement as well and that could help you get some investors. We are really looking to get out of the beta process and I know it will be hard without an investor so please keep us updated.

[socialbet]

How is the funding search process going ? Have you guys found any investors that would be interested in funding the project ? I know it must be crazy hard to find an investor who wouldn't mind paying money for a project that has %0 house rake because it would be really difficult to make the money back, even on projects that are totally irrelevant to casinos people prefer to invest into stuff that has monthly recurring revenue instead of just advertisement money.

But, no matter what the user numbers on the beta must be saying how much visitors and how many users and how many active betters are there which would kind of show how much you could make from advertisement as well and that could help you get some investors. We are really looking to get out of the beta process and I know it will be hard without an investor so please keep us updated.

Everything is going fine, thank you
The fronts of work which need to be done are many. We need more time. I am sure, if we had got donates from the Bitcoin community, the project might move faster, but we have what we have!

[Mux@]

Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))

We are not going to disappear. We did and are doing a lot of work every day. Please check our website, pay attention to our site performance, interface and read more about our mission at socialbet.io/about.
I think the only thing that will disappear is your doubts

Thanks. I'm not a big fan of gambling. And I am very careful with investments. Several times I was trapped even where everyone before me benefited from the investment. But when I made my investments, the project immediately finished its work! I don't think you should involve me in your case. I'll bring you bad luck)))

[BTCevo]

Just give us some time and You will see, that 0 is real. We have really BIG ideas

Why dont you share something here? Any transparancy will be needed on opening new gambling site like this. Without the transparancy and provably fair system, I do not think it will be going to work even if you have such a big funding as well. Anyway, if you have such a great idea why not sharing it? Because if you asking some fund that means there will be investors right there and I believe they will demand profit in returns, so if you have this 0% house edge, how are you suppose to give them some benefits?

[beerlover]

Long story short they need a house rake otherwise they will never become big in any way. They can't have the funding themselves because they are looking for funding which means they do not have the funds themselves, and no real investor would be willing to invest into something that has zero house rake and just advertisements. Turn the house rake into like %0.1 if you can (which is really low lets face it) and you will start to gather a lot of money and not only you will find investors but you will also gather a ton of money yourself.

This dedication towards zero house rake will continue to create problems for the website. Just have even a slight bit of house rake and you will start money pouring in constantly and that way you can both have funds from there plus investors will be more willing.

[el kaka22]

The fronts of work which need to be done are many. We need more time. I am sure, if we had got donates from the Bitcoin community, the project might move faster, but we have what we have!

I guess the best option right now could be some sort of eosbet route where you just pay people dividends somehow. I mean I know you are zero house rake but with that it is almost impossible to get big funding, there is absolutely no way a smart investor go into zero house rake and hope the advertisements would be enough.

Or like many previously mentioned you could have an ICO and just distribute the earnings equally among the people who hold that coin, which could still be small but at least help out a bit.

Think of other ways to create funding aside from an investor, that seems far fetched right now but I am sure you could find other ways to gather funds, specially from community because people do not mind sending couple bucks to anywhere anyway and many people combine together could create a lot of money even though individually they look small.

[virasog]

I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that..  Also how are you going to maintain the servers if you don't take an edge?

This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.

If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.

Unfortunately most people do not know what a house edge is and they just come to play gambling. The gambling sites take advantage of this thing and try to fool the players. Also those who claim that they are offering zero House edge are totally false, as this is just not possible. No site want to give all the advantages to the gamblers.

[okala]

Nice outlook I must say and to say you platform has no house edge is another great features, I went through the website and did not find you minimum and maximum deposits and withdrawal limit, you can do us good by making those information public and also work in the future to add sport betting to your platform.

[Mastercon]

I just fall in love with your site's layout that's really impress me. Website look good and superb, Its a first time happen ever i reach to the gambling page without any problem. All the gambling site have some issues like slow loading, blank page. Your site is fast and better than other keep it up anad good luck for future projects