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Author Topic: MintDice Bitcoin Casino - SportsBook & Provably Fair Games  (Read 34868 times)
SquallLeonhart
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November 10, 2019, 04:38:13 PM
 #741

House edge has never been really an important issue for anyone who gambles, a real gambler knows that it doesn't matter if the house edge is 1% or 10% because in the end you are going to lose the money to casino if you gamble long enough. The only possible way of making money gambling is either gambling on skill based games like poker or you could play dice type of house edge games but bet all-in and hope you will win and get out if you win without betting again.

If you keep gambling the house edge (doesn't matter if 1 or 10 or 50) will eat it up, the number only changes the speed you are losing the money. Sure, a sector average 1% would be a lot better and I would support that as well but it wouldn't change THAT much on the website, just a small part.
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November 13, 2019, 04:04:26 AM
 #742

House edge has never been really an important issue for anyone who gambles, a real gambler knows that it doesn't matter if the house edge is 1% or 10% because in the end you are going to lose the money to casino if you gamble long enough. The only possible way of making money gambling is either gambling on skill based games like poker or you could play dice type of house edge games but bet all-in and hope you will win and get out if you win without betting again.

If you keep gambling the house edge (doesn't matter if 1 or 10 or 50) will eat it up, the number only changes the speed you are losing the money. Sure, a sector average 1% would be a lot better and I would support that as well but it wouldn't change THAT much on the website, just a small part.
You says might be true that the gamblers can usually accept the house edge for each casinos and they seems not too complaining about this because as long they can gamble regularly and maybe won then it will be enough for them but nothing wrong if someone asking about house edge and it could be more good if the gamblers playing at the casinos which have low of house edge but mintdice have normal house edge from 1% - 3% for each games so i think it should not too bothering

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November 13, 2019, 06:03:32 AM
 #743

House edge has never been really an important issue for anyone who gambles, a real gambler knows that it doesn't matter if the house edge is 1% or 10% because in the end you are going to lose the money to casino if you gamble long enough. The only possible way of making money gambling is either gambling on skill based games like poker or you could play dice type of house edge games but bet all-in and hope you will win and get out if you win without betting again.

If you keep gambling the house edge (doesn't matter if 1 or 10 or 50) will eat it up, the number only changes the speed you are losing the money. Sure, a sector average 1% would be a lot better and I would support that as well but it wouldn't change THAT much on the website, just a small part.

I wonder what kind of "real gambler" who does not care about house edge? Indeed, the longer you play the higher chance you'll lose your money but if there is a gambler who do not care between 1% or 10% house edge especially for the same type of game then I can say that he/she is not a real gambler but dumb gambler. House edge will always be one of the most important things to consider by gamblers imho.

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November 13, 2019, 12:52:56 PM
 #744

Agrees that number of games is not really important,the best example could be bustadice they are literally new compared to other rival casino sites but still managed to pick top spot on dice gambling sites on the other hand people may interested if there is multiple games available at single game so they no need to register new site for every games.

I remember that mintdice team is developing a game which is not available on any gambling sites yet so this could be a game changing point for mintdice.

That is strange,,, I thought bustadice was an old name. I myself play at yolodice and there is a different look and feel there, based a lot on simplicity of dice and straightforwardness of play.

And you have sites like freebitcoin that only do dice also, but they have other interesting mutual sports. So yes,,, you do not need a lot of games if you are good at some.

Mintdice is another who understands this. All the competition is good for us!

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November 13, 2019, 05:40:27 PM
 #745

House edge has never been really an important issue for anyone who gambles, a real gambler knows that it doesn't matter if the house edge is 1% or 10% because in the end you are going to lose the money to casino if you gamble long enough. The only possible way of making money gambling is either gambling on skill based games like poker or you could play dice type of house edge games but bet all-in and hope you will win and get out if you win without betting again.

If you keep gambling the house edge (doesn't matter if 1 or 10 or 50) will eat it up, the number only changes the speed you are losing the money. Sure, a sector average 1% would be a lot better and I would support that as well but it wouldn't change THAT much on the website, just a small part.

I wonder what kind of "real gambler" who does not care about house edge? Indeed, the longer you play the higher chance you'll lose your money but if there is a gambler who do not care between 1% or 10% house edge especially for the same type of game then I can say that he/she is not a real gambler but dumb gambler. House edge will always be one of the most important things to consider by gamblers imho.
There are different type of gamblers that rest of gamblers can't just understand forever. No real gambler would play to win money, of course if it is poker or any other game where you "gamble" against another person that would be understandable and I get that.

However, if you are gambling against the house that means you will lose your money, it doesn't matter if it is 1% or 10% but you WILL lose your money, that is how casinos work and that is how they make their money, sure there are times you get lucky and hit a big win and you can leave to stay profitable but in the long term house will take your money no matter what the house edge is. So, what you can do is to just enjoy the game, just have fun and get the most entertainment out of the casino as you can which means house edge doesn't matter.

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November 13, 2019, 06:30:08 PM
 #746

Agrees that number of games is not really important,the best example could be bustadice they are literally new compared to other rival casino sites but still managed to pick top spot on dice gambling sites on the other hand people may interested if there is multiple games available at single game so they no need to register new site for every games.

I remember that mintdice team is developing a game which is not available on any gambling sites yet so this could be a game changing point for mintdice.

That is strange,,, I thought bustadice was an old name. I myself play at yolodice and there is a different look and feel there, based a lot on simplicity of dice and straightforwardness of play.

And you have sites like freebitcoin that only do dice also, but they have other interesting mutual sports. So yes,,, you do not need a lot of games if you are good at some.

Mintdice is another who understands this. All the competition is good for us!
AFAIK,bustadice was created in 2017's later part correct me if I am wrong,now it is one of most reputed site and I feel mintdice also will be one among the top casino in the next year if they keep on doing good things with no issues.

Yes more competition means better gambling experience for the players.

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November 14, 2019, 02:13:31 AM
 #747

There are different type of gamblers that rest of gamblers can't just understand forever. No real gambler would play to win money, of course if it is poker or any other game where you "gamble" against another person that would be understandable and I get that.

However, if you are gambling against the house that means you will lose your money, it doesn't matter if it is 1% or 10% but you WILL lose your money, that is how casinos work and that is how they make their money, sure there are times you get lucky and hit a big win and you can leave to stay profitable but in the long term house will take your money no matter what the house edge is. So, what you can do is to just enjoy the game, just have fun and get the most entertainment out of the casino as you can which means house edge doesn't matter.
The ability to control emotion and greediness is the determinant thing to help people don't lose all of their funds because of gambling. It is true for gambling as well as trading. For serious traders who seriously think that trading is their daily lives and bring vital daily income for them and their families, they don't take too high risks that in turn might put them and their funds under potential liquidations.

It is the same for gambling. Serious and wise gamblers identify at the start that how much funds they afford to lose for gambling. Besides that they identify at beginnings that even in worst cases (when they lose control of emotion, greediness and with very bad luck) they will lose all their funds for gambling but they still have most of their assets to live and move forwards.

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November 14, 2019, 08:43:14 AM
 #748

There are different type of gamblers that rest of gamblers can't just understand forever. No real gambler would play to win money, of course if it is poker or any other game where you "gamble" against another person that would be understandable and I get that.

However, if you are gambling against the house that means you will lose your money, it doesn't matter if it is 1% or 10% but you WILL lose your money, that is how casinos work and that is how they make their money, sure there are times you get lucky and hit a big win and you can leave to stay profitable but in the long term house will take your money no matter what the house edge is. So, what you can do is to just enjoy the game, just have fun and get the most entertainment out of the casino as you can which means house edge doesn't matter.
The ability to control emotion and greediness is the determinant thing to help people don't lose all of their funds because of gambling. It is true for gambling as well as trading. For serious traders who seriously think that trading is their daily lives and bring vital daily income for them and their families, they don't take too high risks that in turn might put them and their funds under potential liquidations.

It is the same for gambling. Serious and wise gamblers identify at the start that how much funds they afford to lose for gambling. Besides that they identify at beginnings that even in worst cases (when they lose control of emotion, greediness and with very bad luck) they will lose all their funds for gambling but they still have most of their assets to live and move forwards.
Its always been the case that if you don't know your limits and how to gamble or control yourself then maybe these people in this situation should re-evaluate their actions and reflect on their true situation. And in simple terms, if you can't afford to lose then stay away.
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November 14, 2019, 06:30:57 PM
 #749

The ability to control emotion and greediness is the determinant thing to help people don't lose all of their funds because of gambling. It is true for gambling as well as trading. For serious traders who seriously think that trading is their daily lives and bring vital daily income for them and their families, they don't take too high risks that in turn might put them and their funds under potential liquidations.

It is the same for gambling. Serious and wise gamblers identify at the start that how much funds they afford to lose for gambling. Besides that they identify at beginnings that even in worst cases (when they lose control of emotion, greediness and with very bad luck) they will lose all their funds for gambling but they still have most of their assets to live and move forwards.
Knowing limits is not really "emotional" anymore, it is literally mathematical. At the end of the day, there is literally no way you could make a profit in the long term when you are gambling, which means you would have to be an idiot to think you can find a "method" for making money here. There is none, the only thing that can change is whether you can lose all your money very quickly or it may take some time to lose it.

When considering the house edge and how the casino is making a profit for both themselves and the investors you need to realize gambling is not to make money but to have fun. That is why I have been gambling for YEARS now and never been disappointed because I have a limit that I put to myself and never break that which means I have fun but never feel sad when I lose.
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November 14, 2019, 06:52:04 PM
 #750

When considering the house edge and how the casino is making a profit for both themselves and the investors you need to realize gambling is not to make money but to have fun. That is why I have been gambling for YEARS now and never been disappointed because I have a limit that I put to myself and never break that which means I have fun but never feel sad when I lose.

Are you sure that you are gambling only for the purpose of having fun, because actually the people gambling here have a lot to make money. Well maybe you can say to the public that you are aiming for fun, but your heart is different, that is for money. If it's just for fun in a gambling game, why do we have to bet with risk can't we play without money and have fun?

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November 14, 2019, 06:55:42 PM
 #751

When considering the house edge and how the casino is making a profit for both themselves and the investors you need to realize gambling is not to make money but to have fun. That is why I have been gambling for YEARS now and never been disappointed because I have a limit that I put to myself and never break that which means I have fun but never feel sad when I lose.

Are you sure that you are gambling only for the purpose of having fun, because actually the people gambling here have a lot to make money. Well maybe you can say to the public that you are aiming for fun, but your heart is different, that is for money. If it's just for fun in a gambling game, why do we have to bet with risk can't we play without money and have fun?
Don't confuse with investors and gamblers,investors are here only for money but the ROI is realistic value and alsmost guaranteed when we invest on the reputed gambling site but while gambling even people expect to win they are going to lose more times than their wins this is why house is in profits even if they pay huge amount as rewards.

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November 14, 2019, 08:06:41 PM
 #752

When considering the house edge and how the casino is making a profit for both themselves and the investors you need to realize gambling is not to make money but to have fun. That is why I have been gambling for YEARS now and never been disappointed because I have a limit that I put to myself and never break that which means I have fun but never feel sad when I lose.

Are you sure that you are gambling only for the purpose of having fun, because actually the people gambling here have a lot to make money. Well maybe you can say to the public that you are aiming for fun, but your heart is different, that is for money. If it's just for fun in a gambling game, why do we have to bet with risk can't we play without money and have fun?
I am one of those people who play only for the fun, too. I seldomly deposit any money, I usually play with earnings from faucets or free rolls or earnings from signature campaigns. Of course I really enjoy it when I win some money but I also know that only the casino is making real money in the long run.
I would never play games without money because the thrill is completly gone and you just stupidly hit the "roll" button as often as you want to.

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November 15, 2019, 12:28:17 AM
Merited by Steamtyme (2)
 #753

When considering the house edge and how the casino is making a profit for both themselves and the investors you need to realize gambling is not to make money but to have fun. That is why I have been gambling for YEARS now and never been disappointed because I have a limit that I put to myself and never break that which means I have fun but never feel sad when I lose.

Are you sure that you are gambling only for the purpose of having fun, because actually the people gambling here have a lot to make money. Well maybe you can say to the public that you are aiming for fun, but your heart is different, that is for money. If it's just for fun in a gambling game, why do we have to bet with risk can't we play without money and have fun?

Most people do most of these types of activities for fun. Stanford noted that about 92% of gamblers are mostly just in it for harmless/casual fun:
https://www.gsb.stanford.edu/insights/most-gamblers-are-just-out-fun

Of course, that leaves the remaining 8% that probably take it too far. You can say this type of thing about virtually any human activity, like alcohol. Most probably use it just fine, a few do not. Even healthy activities like exercise have people that take it too far and probably end up doing more damage to their bodies than good at the extreme end of the spectrum. A healthy balance for any of these activities is mostly for fun for most people and where the vast majority of the population will tend to end up.

As for why people have to bet money, that depends on the person, but the fantasy of winning a lot of money very quickly is more alluring to many than not. Many people that buy lottery tickets like the fantasy of what they would do if they win, even if they know it is unlikely. If gambling for fun for you or others is good enough, it's for that very reason that we have Federal Reserve Dollars (play money) on MintDice while most Bitcoin casinos do not offer such a service.

And naturally, we do not want problem gamblers on MintDice and we've added a few measures on our website for people to get help and we can block accounts as well through customer support.




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November 16, 2019, 02:31:23 PM
 #754

We are talking about also the 8% of that people not making money as well, so we have 92% of the people who gamble for fun, that is something, we also have that 8% and not all of them make money. Yes, there must be some people make money but explain to me logic that if you have even unlimited amount of money how are you planning to make money from a game that has house edge?

The only possible way to make money is to go all in at once and make a big win and leave, if you continue to gamble after your big win eventually you will continue to lose money as well. So, at the end there is literally no way of making money from gambling mathematically, it is not possible, it is impossible. This of course only applies if you gamble long enough, not for the short burst of big wins.
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November 16, 2019, 04:54:28 PM
 #755

When considering the house edge and how the casino is making a profit for both themselves and the investors you need to realize gambling is not to make money but to have fun. That is why I have been gambling for YEARS now and never been disappointed because I have a limit that I put to myself and never break that which means I have fun but never feel sad when I lose.

Are you sure that you are gambling only for the purpose of having fun, because actually the people gambling here have a lot to make money. Well maybe you can say to the public that you are aiming for fun, but your heart is different, that is for money. If it's just for fun in a gambling game, why do we have to bet with risk can't we play without money and have fun?

I agree with you, it is true that most people play gambling to make money. Therefore a lot who take big risks by using big capital
to make big profits too. In the gambling world everything is about money, there are indeed some people doing gambling just for fun.
But the amount is small.

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November 16, 2019, 05:05:19 PM
 #756

Do you have plan to modify the slot game? The current game is attractive already but I feel there is something missing on a slot game, it is freespin bonus mode. Would be nice if you can add this feature on your slot game, as it is the most hunt feature by most slot players including me. Adding a feature to choose how many lines to bet would be nice as well.
The auto betting feature also need to be modified by adding more features such as stop on loss xx and stop on profit xx like in most other sites.

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November 16, 2019, 11:41:04 PM
 #757

Do you have plan to modify the slot game? The current game is attractive already but I feel there is something missing on a slot game, it is freespin bonus mode. Would be nice if you can add this feature on your slot game, as it is the most hunt feature by most slot players including me. Adding a feature to choose how many lines to bet would be nice as well.
The auto betting feature also need to be modified by adding more features such as stop on loss xx and stop on profit xx like in most other sites.

Actually yes! Smiley

We do plan on doing a free spin mode and a few other key changes to the slot machines to make them more exciting. This will come later next year though as we have prioritized tasks. But as far as present games are concerned, we plan on doing the most updates to the slot machines, and some level of updates as well to Bit.Rocket once we get other things in place first.




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November 17, 2019, 10:00:02 AM
 #758

Do you have plan to modify the slot game? The current game is attractive already but I feel there is something missing on a slot game, it is freespin bonus mode. Would be nice if you can add this feature on your slot game, as it is the most hunt feature by most slot players including me. Adding a feature to choose how many lines to bet would be nice as well.
The auto betting feature also need to be modified by adding more features such as stop on loss xx and stop on profit xx like in most other sites.

Actually yes! Smiley

We do plan on doing a free spin mode and a few other key changes to the slot machines to make them more exciting. This will come later next year though as we have prioritized tasks. But as far as present games are concerned, we plan on doing the most updates to the slot machines, and some level of updates as well to Bit.Rocket once we get other things in place first.

Great news, I also like that feature.
But will you only focus on the feature updates in the game? Are you not planning on updating the appearance of MintDice's website? I hope it can look more attractive with a simple design and good color composition.

And for site access speed is pretty good when compared to 2 months ago, I also hope this will be upgraded to improve the player's experience.

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November 17, 2019, 10:46:35 AM
 #759

Do you have plan to modify the slot game? The current game is attractive already but I feel there is something missing on a slot game, it is freespin bonus mode. Would be nice if you can add this feature on your slot game, as it is the most hunt feature by most slot players including me. Adding a feature to choose how many lines to bet would be nice as well.
The auto betting feature also need to be modified by adding more features such as stop on loss xx and stop on profit xx like in most other sites.

Actually yes! Smiley

We do plan on doing a free spin mode and a few other key changes to the slot machines to make them more exciting. This will come later next year though as we have prioritized tasks. But as far as present games are concerned, we plan on doing the most updates to the slot machines, and some level of updates as well to Bit.Rocket once we get other things in place first.

Great, although you'll not do it in the near future but at least it is nice to hear good news. It seems that you are working on many things to be released next year, I hope it will worth your time and it will worth for those who are waiting for the great updates next year. Keep the good work up and dont forget to give update on this thread on everything you have done so this forum wont forget about the site due to your busy time in working for the updates.

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.DuelbitsSPORTS.
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November 19, 2019, 03:23:01 AM
 #760

Do you have plan to modify the slot game? The current game is attractive already but I feel there is something missing on a slot game, it is freespin bonus mode. Would be nice if you can add this feature on your slot game, as it is the most hunt feature by most slot players including me. Adding a feature to choose how many lines to bet would be nice as well.
The auto betting feature also need to be modified by adding more features such as stop on loss xx and stop on profit xx like in most other sites.

Actually yes! Smiley

We do plan on doing a free spin mode and a few other key changes to the slot machines to make them more exciting. This will come later next year though as we have prioritized tasks. But as far as present games are concerned, we plan on doing the most updates to the slot machines, and some level of updates as well to Bit.Rocket once we get other things in place first.

Great news, I also like that feature.
But will you only focus on the feature updates in the game? Are you not planning on updating the appearance of MintDice's website? I hope it can look more attractive with a simple design and good color composition.

And for site access speed is pretty good when compared to 2 months ago, I also hope this will be upgraded to improve the player's experience.

Yes, this has kind of been mentioned in the past, but the majority of our design and development talent has been going towards this exact task but it is a monstrous project. We started this in June/July... I expect it to hopefully be ready around February/March all else equal. This will also include full mobile web compatibility.

That's one example of things we are doing before upgrading the slots.




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