MintDice Bitcoin Casino - SportsBook & Provably Fair Games

[mu_enrico]

The traffic is of course a metric for any casino, no traffic, no customers, no turnover, no revenue, right?

Depends, is it real human or bots, from targeted links or not, paid or organic? These are what I mean by "traffic is not a useful metric for measuring the casino's performance."

Buying traffic, using chatbots, and spamming here and there, is easy my friend. With your logic, then anyone can boost sales by simply... buying traffics.

However, only management can have access to meaningful data, e.g., real traffic, demography, bounce rate, average time spent, etc., and use it as one of the metrics for decision making. In term of low activity, it can be used as a reality check, why my shop was so empty? What did I do wrong?

But in my experience, I'd rather disable the analytics (faster load time), keep building, and focus on the customer's experience. Guess what? I'm a much happier person right now. But each entrepreneur has a different approach regarding this, so it's fine as long as it's profitable.

*sorry for slightly off-topic post guys. Not that I tried to defend MintDice, but I cannot stand inaccurate logics.

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[Upgrade00]

But in my experience, I'd rather disable the analytics (faster load time), keep building, and focus on the customer's experience. Guess what? I'm a much happier person right now. But each entrepreneur has a different approach regarding this, so it's fine as long as it's profitable.

Mintdice team seem to also be working hard on improving the customer experience while also handling the marketing aspect.
Disabling the analytics is possible, but I doubt the possibility of it being faked would chase potential visitors, so there's really no harm done.
It's just similar to trading, some investors would go with the trending currencies while others would do fundamental analysis and go for the one with the most potential.

[MintDiceSara]

Nice response @MintDiceSara,

Anyway, about the traffic. How can we sure sites that have high traffic and high betting activities, didn't use internal bots? In my opinion, traffic is not a useful metric for measuring the casino's performance. Only the casino's management knows the bottom line (P&L).

From what I see, MintDice has chosen the correct organic strategy up to this point. Keep building good stuff guys, but do it quickly before you lose the momentum.

All I can tell you is that we have never artificially inflated traffic or numbers on our website ever.
But then again, all you can do is believe me or not

[mu_enrico]

All I can tell you is that we have never artificially inflated traffic or numbers on our website ever.
But then again, all you can do is believe me or not

Of course you didn't do that stuff
I, as one of the community member here, not only want to "help" MintDice in promotion but also want to give useful feedback if I found one.

So, keep doing the "continuous improvement" with the feedback of the community in this building process.

Mintdice team seem to also be working hard on improving the customer experience while also handling the marketing aspect.

Yep, don't get me wrong mate, marketing is essential for new businesses.

The signature campaign is one of the best choices

Seriously, it's like hiring content creator, reviewer, tester, and perhaps advisor at the same time.

[Haunebu]

Depends, is it real human or bots, from targeted links or not, paid or organic? These are what I mean by "traffic is not a useful metric for measuring the casino's performance."

I disagree. Traffic is everything and it is what most people check out to observe whether a particular site is doing well or not. The first thing that any customer would check while researching a site is traffic (Alexa ranking, Chat room players etc).

The traffic can be natural or artificial, but the numbers are what matter at the end of the day. Mintdice is doing really well in this area and are improving in a short span of time making them a competitive site in the crypto gambling realm.

[redsun114]

Depends, is it real human or bots, from targeted links or not, paid or organic? These are what I mean by "traffic is not a useful metric for measuring the casino's performance."

I disagree. Traffic is everything and it is what most people check out to observe whether a particular site is doing well or not. The first thing that any customer would check while researching a site is traffic (Alexa ranking, Chat room players etc).

The traffic can be natural or artificial, but the numbers are what matter at the end of the day. Mintdice is doing really well in this area and are improving in a short span of time making them a competitive site in the crypto gambling realm.

Traffic is important but also interaction is quite important as well. Just to give an example from a very very obvious website. Let's say you go to a youtube video, the video is watched like 100 million times (doubtful with just bots but giving an obscene example) and there are just 100 comments and few likes, wouldn't you think that video was manufacturedly that high on viewer count? You probably would, and you wouldn't subscribe to their channel.

Now of course, there are good ways to use bots, for example if you are too down the list and getting some bots would mean it would take you higher on the list and you would get more viewers who think you are good thanks to it and you would need less and less bots but in the end it is not a long term solution.

[tvplus006]

...But then again, all you can do is believe me or not

I have no reason not to believe you. But I’m interested to know what percentage of the slot return to the player? I believe that these figures should be accessible to everyone.

[sana54210]

...But then again, all you can do is believe me or not

I have no reason not to believe you. But I’m interested to know what percentage of the slot return to the player? I believe that these figures should be accessible to everyone.

I doubt that is really something that should be shared with the public, I mean they can if they want to but that is not a data information that they should be forced to give up. If you wanted house edge then sure, if you wanted odds sure, if you wanted anything related to you gambling here then you should definitely get it.

But, the question of "how many slot players return after gambling" is not really something that affects the way you gamble, maybe psychologically it does affect it but it doesn't affect the real outcome of your gambling so I think if they want to hide that information they should.

We could literally ask how much has been gambled on this website so far and how much profit mintdice made so far out of that and we have the right to ask that, doesn't mean they can't just decline it.

[rexxarofmoknathal]

...But then again, all you can do is believe me or not

I have no reason not to believe you. But I’m interested to know what percentage of the slot return to the player? I believe that these figures should be accessible to everyone.

I doubt that is really something that should be shared with the public, I mean they can if they want to but that is not a data information that they should be forced to give up. If you wanted house edge then sure, if you wanted odds sure, if you wanted anything related to you gambling here then you should definitely get it.

But, the question of "how many slot players return after gambling" is not really something that affects the way you gamble, maybe psychologically it does affect it but it doesn't affect the real outcome of your gambling so I think if they want to hide that information they should.

We could literally ask how much has been gambled on this website so far and how much profit mintdice made so far out of that and we have the right to ask that, doesn't mean they can't just decline it.

I agree with you on this. I see no obligation for the casino to share this info. This info is their logistic which they use internally to assess how their business progresses and since this does not affect the players then I see no advantage for the casino to publicise this other than them wanting to do so

[tvplus006]

...But then again, all you can do is believe me or not

I have no reason not to believe you. But I’m interested to know what percentage of the slot return to the player? I believe that these figures should be accessible to everyone.

I doubt that is really something that should be shared with the public, I mean they can if they want to but that is not a data information that they should be forced to give up. If you wanted house edge then sure, if you wanted odds sure, if you wanted anything related to you gambling here then you should definitely get it.

But, the question of "how many slot players return after gambling" is not really something that affects the way you gamble, maybe psychologically it does affect it but it doesn't affect the real outcome of your gambling so I think if they want to hide that information they should.

We could literally ask how much has been gambled on this website so far and how much profit mintdice made so far out of that and we have the right to ask that, doesn't mean they can't just decline it.

I agree with you on this. I see no obligation for the casino to share this info. This info is their logistic which they use internally to assess how their business progresses and since this does not affect the players then I see no advantage for the casino to publicise this other than them wanting to do so

If the percentage of return to the player is small, then it makes no sense to talk about it. I know such gambling in which the return is very low and it is impossible to win there. But if here the percentage of return is set at the level of a real casino to 95%, then this is very important information. And players should know this.

[DaveF]

...But then again, all you can do is believe me or not

I have no reason not to believe you. But I’m interested to know what percentage of the slot return to the player? I believe that these figures should be accessible to everyone.

I doubt that is really something that should be shared with the public, I mean they can if they want to but that is not a data information that they should be forced to give up. If you wanted house edge then sure, if you wanted odds sure, if you wanted anything related to you gambling here then you should definitely get it.

But, the question of "how many slot players return after gambling" is not really something that affects the way you gamble, maybe psychologically it does affect it but it doesn't affect the real outcome of your gambling so I think if they want to hide that information they should.

We could literally ask how much has been gambled on this website so far and how much profit mintdice made so far out of that and we have the right to ask that, doesn't mean they can't just decline it.

I agree with you on this. I see no obligation for the casino to share this info. This info is their logistic which they use internally to assess how their business progresses and since this does not affect the players then I see no advantage for the casino to publicise this other than them wanting to do so

If the percentage of return to the player is small, then it makes no sense to talk about it. I know such gambling in which the return is very low and it is impossible to win there. But if here the percentage of return is set at the level of a real casino to 95%, then this is very important information. And players should know this.

There are actually 2 different numbers involved for slot games.

The 1st number is the % hold. Or the percentage amount that you should loose. i.e. 1% hold means that after a very large number of $1 bets you should have 1% less then what you started with.

The 2nd number is the actual return. Or after "X" amount of bets how much you wind up with. In theory they should both be the same, in reality they are not. Why? Because the % hold includes the top prize amounts (with their slot the 5x bear or 5x penguin) so they tend to come a lot less. But, when they do it smooths out the curve of payouts.

-Dave

[theskillzdatklls]

Depends, is it real human or bots, from targeted links or not, paid or organic? These are what I mean by "traffic is not a useful metric for measuring the casino's performance."

I disagree. Traffic is everything and it is what most people check out to observe whether a particular site is doing well or not. The first thing that any customer would check while researching a site is traffic (Alexa ranking, Chat room players etc).

The traffic can be natural or artificial, but the numbers are what matter at the end of the day. Mintdice is doing really well in this area and are improving in a short span of time making them a competitive site in the crypto gambling realm.

Our Alexa rank is improving steadily but we still have a very long way to go. Please continue the support here, it is most welcome. Our immediate goal is to hit #50,000 or better then figure out another goal from there

As Sara has said, we have never artificially manipulated our gambling or traffic numbers once ever. Anything you see is real people. We would rather focus on real development and growth than spoofing numbers which we feel accomplishes next to nothing. Sometimes admins/developers do play but it is almost always to test things, not to spoof traffic, and it is extremely obvious when we are playing.

...But then again, all you can do is believe me or not

I have no reason not to believe you. But I’m interested to know what percentage of the slot return to the player? I believe that these figures should be accessible to everyone.

I'm not entirely clear on your question. Our slot machines have a RTP of 98% or house edge of 2%:
https://mintdice.com/faq/games-general/the-numbers/what-is-the-house-edge

If you are curious about what exactly the current slot payback percentages are in real life at this moment in time, these are accessible but I don't want to waste developers time presently figuring this out. I can make data like this more public later if it is of high interest once our more important concerns are taken care of.

Our slot machine backend math will be changing slightly (in a much more fun manner) in under 6 months ideally. So any raw data provided now won't matter too much as it will become obsolete anyway.

[tvplus006]

...
I'm not entirely clear on your question. Our slot machines have a RTP of 98% or house edge of 2%:
https://mintdice.com/faq/games-general/the-numbers/what-is-the-house-edge
...

Yes, this is exactly what interests me. All this is on the site, but I myself could not find it. I like your RTP. He shows that not only the house wins. Thank you and good luck!

[Scheede]

I do understand about the different withdrawal Options. It's just that the time taken to approve the withdraw would take longer(thus the pending notifications would stay on until the withdraw is approved probably by the Mintdice team, that's when one's transaction can now wait for confirmations on the bitcoin network which also takes some time)

Given the recent update by MindiceSara, this is bound to change, I think the approval process will be a lot quicker with automation.

By the way even Windice have a fixed fee of 0.0002 BTC but the approval speed is quicker before confirmations from the bitcoin network start. I think that's the direction mint dice are also pointing to 

Fixed fee is still good if the price is low, sometimes some places require a lot of money for the withdrawal and thats not acceptable, I mean including segwit now and there are other methods it should be simpler to withdraw. I know a place (exchange) that requires literally 0.001 for withdrawal, thankfully I never have to withdraw bitcoin from there but if I had to I would be super upset about it. 0.0002 is really not that much and could be accepted.

I mean whats the point of having three options when the withdrawal fee is already low, I think focusing on speed would be much better than focusing on the fee itself, if you have a really fast withdrawal speed you probably won't even notice what the fee is because you want to take your money out very quickly.

as far as I know windice doesn't have a fixed transaction fee
it has the upper cap of 0.0002 btc per bitcoin transaction and if the bitcoin network state requires a higher fee , lets say 0.0004 btc , they would pay it out of their pocket
usually though the fee is much lower and is calculated based on an average 2-6 blocks wait time
when I was withdrawing a few days ago , it was 0.0000335 btc 3350 sat
fixed fee has its drawbacks , for example I would not be too happy to pay 20k satoshi every time if I knew that the tx cost is only 1-3k satoshi
also if the chain is super congested , with tens of thousands of unconfirmeds a 20k satoshi fee could see your transaction stuck for hours if not days

Are there any advanced plans to implement Segwit? Just today I found out that my Segwit-address is not suitable and thus I had to create a Legacy-address for the withdrawal, what is not highly appreciated

[theskillzdatklls]

...
I'm not entirely clear on your question. Our slot machines have a RTP of 98% or house edge of 2%:
https://mintdice.com/faq/games-general/the-numbers/what-is-the-house-edge
...

Yes, this is exactly what interests me. All this is on the site, but I myself could not find it. I like your RTP. He shows that not only the house wins. Thank you and good luck!

No problem. We think it's a very good slot system we have. Good RTP, Provably Fair, pretty nice in house built Bitcoin styled graphics. And as I said earlier, it will get even better with our V3 Bitcoin slots roll out plan I'd think would be coming Spring 2020.

I do understand about the different withdrawal Options. It's just that the time taken to approve the withdraw would take longer(thus the pending notifications would stay on until the withdraw is approved probably by the Mintdice team, that's when one's transaction can now wait for confirmations on the bitcoin network which also takes some time)

Given the recent update by MindiceSara, this is bound to change, I think the approval process will be a lot quicker with automation.

By the way even Windice have a fixed fee of 0.0002 BTC but the approval speed is quicker before confirmations from the bitcoin network start. I think that's the direction mint dice are also pointing to 

Fixed fee is still good if the price is low, sometimes some places require a lot of money for the withdrawal and thats not acceptable, I mean including segwit now and there are other methods it should be simpler to withdraw. I know a place (exchange) that requires literally 0.001 for withdrawal, thankfully I never have to withdraw bitcoin from there but if I had to I would be super upset about it. 0.0002 is really not that much and could be accepted.

I mean whats the point of having three options when the withdrawal fee is already low, I think focusing on speed would be much better than focusing on the fee itself, if you have a really fast withdrawal speed you probably won't even notice what the fee is because you want to take your money out very quickly.

as far as I know windice doesn't have a fixed transaction fee
it has the upper cap of 0.0002 btc per bitcoin transaction and if the bitcoin network state requires a higher fee , lets say 0.0004 btc , they would pay it out of their pocket
usually though the fee is much lower and is calculated based on an average 2-6 blocks wait time
when I was withdrawing a few days ago , it was 0.0000335 btc 3350 sat
fixed fee has its drawbacks , for example I would not be too happy to pay 20k satoshi every time if I knew that the tx cost is only 1-3k satoshi
also if the chain is super congested , with tens of thousands of unconfirmeds a 20k satoshi fee could see your transaction stuck for hours if not days

Are there any advanced plans to implement Segwit? Just today I found out that my Segwit-address is not suitable and thus I had to create a Legacy-address for the withdrawal, what is not highly appreciated

Yes, sort of. Blockchain work is very messy and there's a lot of things in progress. So we have many other priorities. But once we have released the majority of major projects we want to get out there, we would then pivot to minor features such as Segwit, lightning and others. I wouldn't expect such things really to come within the next 12 months though I guess is the best way I can put it for now.

[fullhdpixel]

I am not entirely sure if withdrawal process is like number one request from a casino, it is almost always the same among all casinos and if not the ones that are more expensive of slower usually try to get faster and cheaper without customers saying anything because they want to be in the competition and not lose customers.

I think more games and more currencies and stuff like that are more common. For some reason, some websites make a ton of casino games like 100+ different slots only and then plenty other games so forth, and some websites stay with 1-5 games instead, don't know why there is no place with like 10-20 games and that's it. It is actually a great feeling to be able to choose whatever game you want and not have to switch websites so if I wanted something it would be more games.

[mu_enrico]

Are there any advanced plans to implement Segwit? Just today I found out that my Segwit-address is not suitable and thus I had to create a Legacy-address for the withdrawal, what is not highly appreciated

I think you mean Bech32 address format since I have no problem withdraw to P2SH-Segwit.
But yeah many service providers haven't updated their system to support bc1 format. Luckily modern wallets like Coinomi, Mycelium, etc., provide both Bech32 (default) and P2SH (compatibility).

It would be nice if withdrawal for Bech32 will be supported in the future.

[MintDiceSara]

I am not entirely sure if withdrawal process is like number one request from a casino, it is almost always the same among all casinos and if not the ones that are more expensive of slower usually try to get faster and cheaper without customers saying anything because they want to be in the competition and not lose customers.

I think more games and more currencies and stuff like that are more common. For some reason, some websites make a ton of casino games like 100+ different slots only and then plenty other games so forth, and some websites stay with 1-5 games instead, don't know why there is no place with like 10-20 games and that's it. It is actually a great feeling to be able to choose whatever game you want and not have to switch websites so if I wanted something it would be more games.

Thanks for the feedback. I understand that you prefer not to switch websites to play different games. To our defence though, we (unlike many others) build our own games from scratch. This takes a lot of work and time. Hence we are unable to launch a large amount of games in a short amount of time. Each game takes months to build and we are a very new casino

We plan to have a solid amount of games, of which several are completely unique. We are working hard on making this happen and on creating a site that won't make you wanna switch at all

[Scheede]

Are there any advanced plans to implement Segwit? Just today I found out that my Segwit-address is not suitable and thus I had to create a Legacy-address for the withdrawal, what is not highly appreciated

I think you mean Bech32 address format since I have no problem withdraw to P2SH-Segwit.
But yeah many service providers haven't updated their system to support bc1 format. Luckily modern wallets like Coinomi, Mycelium, etc., provide both Bech32 (default) and P2SH (compatibility).

It would be nice if withdrawal for Bech32 will be supported in the future.

Yepp, exactly, Bech32 (bc1...) is what I meant to say, thanks for clarification!  

[logfiles]

Are there any advanced plans to implement Segwit? Just today I found out that my Segwit-address is not suitable and thus I had to create a Legacy-address for the withdrawal, what is not highly appreciated

If the plans are there then i guess we may have to wait for a while. I dunno what it takes to implement support for the Bech32 address format but i feel it's probably quite complicated for certain service providers.

Even FortuneJack, one of the old players in the game do not support Bech32 format addresses up to now which left me quite surprised when i tried withdrawing from their website recently