MintDice Bitcoin Casino - SportsBook & Provably Fair Games

[audaciousbeing]

Skill based games are not really that much easy in any case anyway, no skill based game can be mastered under a minute, however there is a huge difference between mastering something like that and also keeping the bots away. I have literally seen poker bots that doesn't even do that much stuff other than commands it's given, like fold when it has a bad hand, check when it has a decent hand, call or raise when it has super hands etc etc.

It means it really doesn't mean much for human players who can't even bluff because it is literally a bot they are playing against. So a developers job becomes to make sure players can't play something as simple as dice but also won't be playing against bots who would destroy them in almost every turn unless they are masters of the game.

For me, I think the problem is not the developers really only that they should make the options available. In essence, if I as a player, should be allowed to choose to play with either a bot or an individual and that also pose a challenge for a site coming into to the market and looking to carve a niche for itself in the market because if a player wants to play with human but there is no one available at the time due to several factors such as timing difference or lack of enough customers would definitely be discouraging to such individual but for a site that have huge number of players online at any point in time could successfully implement that option.

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[Tytanowy Janusz]

I'm curious about these skill-based games, does it implies that users can earn profits by mastering these games?

I'm concerned about some skilled guy able to take away the house bankroll. Furthermore, unlike real casinos that can ban certain individuals, in online casinos, TOR/VPN can bypass the blacklist.

In skill-based games gamblers plays against other gamblers instead against casino. Thus taking away bankroll is not possible. Am i right or i'm confusing something?

Like on Celer platform. You and your opponent enter the game with x money and the one who gets higher score in game grabs everything. The biggest issue with Celer is that games are easy to master by bots. I love to see that mintdice takes so much effort in implementing games that might be bot resistant.

[mu_enrico]

In skill-based games gamblers plays against other gamblers instead against casino. Thus taking away bankroll is not possible. Am i right or i'm confusing something?

Yes, you are making an assumption that mentioned skill-based games == PvP without enough information, it's different.
https://www.youtube.com/watch?v=UQtltNZ_pjs << a lot of skill games but not PvP

With that in mind, if Pyramid etc. is PvP, then taking away bankroll isn't possible, just like you said.

[inthelongrun]

I can see that MintDice is not just purely an online casino but is also sort of an investment company. I visited the site and I need to register so I can read the details with regards to investing. Can someone please do a screenshot or share it here what it is all about? Have you guys invested also? How much is the interest or the estimated monthly returns?

Thanks.

[theskillzdatklls]

I'm curious about these skill-based games, does it implies that users can earn profits by mastering these games?

I'm concerned about some skilled guy able to take away the house bankroll. Furthermore, unlike real casinos that can ban certain individuals, in online casinos, TOR/VPN can bypass the blacklist.

In skill-based games gamblers plays against other gamblers instead against casino. Thus taking away bankroll is not possible. Am i right or i'm confusing something?

Like on Celer platform. You and your opponent enter the game with x money and the one who gets higher score in game grabs everything. The biggest issue with Celer is that games are easy to master by bots. I love to see that mintdice takes so much effort in implementing games that might be bot resistant.

This is entirely correct. The house bankroll is not affected for two reasons. First off, they are PvP as mentioned, second off, the house bankroll will only apply to the current four games we have anyway, they either won't or can't apply to our future games.

The game of poker is a good example. To an extent, as long as people are playing, the house is happy. It doesn't matter if someone wins a lot of money, because they are winning it from other players, not the house. The house gets commission for each raked hand or tournament buy-in.

The only skill game to my knowledge where the house becomes affected by winning players are sports books. (Aside from something like card counting in blackjack which is technically illegal). And to be clear, as I just stated above, any new games, including the sportsbook implementation will not be part of the house bankroll. A sportsbook/investment bankroll combination would be virtually impossible to implement in a fair manner anyway, and so we won't.

[Bitinity]

I can see that MintDice is not just purely an online casino but is also sort of an investment company. I visited the site and I need to register so I can read the details with regards to investing. Can someone please do a screenshot or share it here what it is all about? Have you guys invested also? How much is the interest or the estimated monthly returns?

Thanks.

Are you new to a gambling site that accepts investment on its bankroll? There is no estimation on how much you will earn because you are investing in the bankroll which means that you are against the players. I do not think you need to sign up to read the information about the investment on the casino house bankroll. Visit this link https://mintdice.com/faq/investing/casino-house-bankroll and hopefully it can answers all your questions about the investment.

[theskillzdatklls]

I can see that MintDice is not just purely an online casino but is also sort of an investment company. I visited the site and I need to register so I can read the details with regards to investing. Can someone please do a screenshot or share it here what it is all about? Have you guys invested also? How much is the interest or the estimated monthly returns?

Thanks.

There's a free guide you can download without needing to register that you can find in the main navbar. There is also the FAQ.
https://mintdice.com/guide/investing
https://mintdice.com/faq/investing

The expected monthly returns for now are quite low since our bankroll is rather large and gambling volume is low. We are doing our best to raise awareness presently, but ultimately expected returns are tied directly to gambling throughput. So an investment into MintDice is a vote of confidence either presently or into the future that we will be able to attract gamblers.

I'll add that if at any point you are unhappy, withdrawing is always an option, be that 1 hour or 1 year later, it makes no difference.

[Tytanowy Janusz]

The only skill game to my knowledge where the house becomes affected by winning players are sports books.

Are you sure about that? Aren't the odds still changing based on users bets until final confirmation that is released when bets are closed. Final odds are set in the way that it does not matter who will win. Payout is always set to be equal to (income from losers - expected house profit)/number of winners.

https://www.youtube.com/watch?v=UQtltNZ_pjs << a lot of skill games but not PvP

That's amusement park not casino where big money are involved. Casino will never open a game with unknown odds (without statistic advantage) other than PVP where their bankroll is not involved.

[leea-1334]

Skill based games are not really that much easy in any case anyway, no skill based game can be mastered under a minute, however there is a huge difference between mastering something like that and also keeping the bots away. I have literally seen poker bots that doesn't even do that much stuff other than commands it's given, like fold when it has a bad hand, check when it has a decent hand, call or raise when it has super hands etc etc.

It means it really doesn't mean much for human players who can't even bluff because it is literally a bot they are playing against. So a developers job becomes to make sure players can't play something as simple as dice but also won't be playing against bots who would destroy them in almost every turn unless they are masters of the game.

Come on, skill-based games in online casinos are not hard at all. I would even say that it is pure psychological manipulation and skill that you need, even if you do not understand statistics anymore. Sometimes especially like in poker, you only need to understand the mind of the other players at the table.

Poker bots can never do this. They only do statistics, and never take advantage when another player always calls all in or whatever. Bots do not always win.

[inthelongrun]

I can see that MintDice is not just purely an online casino but is also sort of an investment company. I visited the site and I need to register so I can read the details with regards to investing. Can someone please do a screenshot or share it here what it is all about? Have you guys invested also? How much is the interest or the estimated monthly returns?

Thanks.

Are you new to a gambling site that accepts investment on its bankroll? There is no estimation on how much you will earn because you are investing in the bankroll which means that you are against the players. I do not think you need to sign up to read the information about the investment on the casino house bankroll. Visit this link https://mintdice.com/faq/investing/casino-house-bankroll and hopefully it can answers all your questions about the investment.

~snipped

There's a free guide you can download without needing to register that you can find in the main navbar. There is also the FAQ.
https://mintdice.com/guide/investing
https://mintdice.com/faq/investing

The expected monthly returns for now are quite low since our bankroll is rather large and gambling volume is low. We are doing our best to raise awareness presently, but ultimately expected returns are tied directly to gambling throughput. So an investment into MintDice is a vote of confidence either presently or into the future that we will be able to attract gamblers.

I'll add that if at any point you are unhappy, withdrawing is always an option, be that 1 hour or 1 year later, it makes no difference.

Thanks for your replies.

I was referring to this link https://mintdice.com/guide/investing from free guides (investing). Which I cannot click the "Casino Bitcoin Investment".

I haven't tried investing into any casino bankrolls but I do have some ideas since some relatives and friends did it some years ago. Betking bankroll investment then did very well like around 4% rate of returns monthly.

I read that there is an estimated 10,000 bitcoins gambled yearly (around 27.4 btc daily) on Mintdice. With 1% house edge then there will be around 100 btc in a year or 8.33 btc monthly earnings. I am curious on the size of the current bankroll.


 

[MonsterV]

Skill based games are not really that much easy in any case anyway, no skill based game can be mastered under a minute, however there is a huge difference between mastering something like that and also keeping the bots away. I have literally seen poker bots that doesn't even do that much stuff other than commands it's given, like fold when it has a bad hand, check when it has a decent hand, call or raise when it has super hands etc etc.

It means it really doesn't mean much for human players who can't even bluff because it is literally a bot they are playing against. So a developers job becomes to make sure players can't play something as simple as dice but also won't be playing against bots who would destroy them in almost every turn unless they are masters of the game.

Come on, skill-based games in online casinos are not hard at all. I would even say that it is pure psychological manipulation and skill that you need, even if you do not understand statistics anymore. Sometimes especially like in poker, you only need to understand the mind of the other players at the table.

Poker bots can never do this. They only do statistics, and never take advantage when another player always calls all in or whatever. Bots do not always win.

I also think so, instead I think luck-based games are difficult to play because it has a random strategy rather than a skill-based game. When I play and bet in skill-based games, I only rely on statistical abilities and feelings and that is good enough in results if the analysis is good.

What you are saying is true that bots are only able to see statistics and then run algorithms that have been created, but bots don't have feelings and other players can trick those feelings.

[panjul07]

I read that there is an estimated 10,000 bitcoins gambled yearly (around 27.4 btc daily) on Mintdice. With 1% house edge then there will be around 100 btc in a year or 8.33 btc monthly earnings. I am curious on the size of the current bankroll.

I think this number is just an example, the current traffic on mintdice wont give that much number of gambled btc daily. Coming up to its current bankroll, as I remember their bankroll is more than 350btc when I checked it few weeks ago. It can be bigger now in case there are some new investors.

I haven't tried investing into any casino bankrolls but I do have some ideas since some relatives and friends did it some years ago. Betking bankroll investment then did very well like around 4% rate of returns monthly.

Bear in mind that there is no guarantees return on this kind of investment, there is always a risk of losing money once there are some whales who big win on the site. So invest what you can afford to lose only, don't spend too much just because you think there will be a x% of monthly return.

[BTCevo]

Skill based games are not really that much easy in any case anyway, no skill based game can be mastered under a minute, however there is a huge difference between mastering something like that and also keeping the bots away. I have literally seen poker bots that doesn't even do that much stuff other than commands it's given, like fold when it has a bad hand, check when it has a decent hand, call or raise when it has super hands etc etc.

It means it really doesn't mean much for human players who can't even bluff because it is literally a bot they are playing against. So a developers job becomes to make sure players can't play something as simple as dice but also won't be playing against bots who would destroy them in almost every turn unless they are masters of the game.

With the current technology I believe it is really easy to put some hard bot to play because it can copy players attitude and how the game is played. But the point is, casino wont do that because what they aim is players against players site not players vs bot site, they will use bot when it has less players. And even if it is players vs bot then I do not think it is easy and cheap to have that bot implemented on the site though

Anyway does mintdice even have poker games? And I do not think there is any skill based games to play as well, all of their game is just some normal games against the house edge

[Tytanowy Janusz]

Anyway does mintdice even have poker games? And I do not think there is any skill based games to play as well, all of their game is just some normal games against the house edge

There is no poker and no other skill-based game on mintdice jet. But as theskillzdatklls said 3 skill based games will be implemented soon:

Games:
Pyramid (Skill Game)
Castle Royale (Skill Game)
Sports and E-Sports book (Skill Game)

In that order. I would expect the first two games to release before the end of 2019. Castle Royale ideally Q1 2020. Sportsbook ideally Q1 as well but less certain on that one.

[redsun114]

Those are carnival games not casino games, of course they are capable of winning, the whole purpose of that is to give people a chance to win, plus they buy those toys wholesale together (worked at a carnival when I was a kid) as a whole carnival which makes it super cheap for them so when you try that many times to win eventually they make their money back most of the time.

We are talking about a casino, casinos have house edge and even if you think a game that requires skill like for example blackjack has a house edge which means they are making money in the long term no matter how skilled you are, plus this is digital so you can't count cards neither since cards are shuffled all together each time. Long story short there is no game that is skill based with no house edge where you can beat the house.

[MintDiceSara]

Thanks for your replies.

I was referring to this link https://mintdice.com/guide/investing from free guides (investing). Which I cannot click the "Casino Bitcoin Investment".

I haven't tried investing into any casino bankrolls but I do have some ideas since some relatives and friends did it some years ago. Betking bankroll investment then did very well like around 4% rate of returns monthly.

I read that there is an estimated 10,000 bitcoins gambled yearly (around 27.4 btc daily) on Mintdice. With 1% house edge then there will be around 100 btc in a year or 8.33 btc monthly earnings. I am curious on the size of the current bankroll.

You can find the current bankroll here: https://mintdice.com/account/investment/overview

If you want information on investing without entering your email address for the free guide, check out our FAQ on that topic:
https://mintdice.com/faq/investing

[theskillzdatklls]

The only skill game to my knowledge where the house becomes affected by winning players are sports books.

Are you sure about that? Aren't the odds still changing based on users bets until final confirmation that is released when bets are closed. Final odds are set in the way that it does not matter who will win. Payout is always set to be equal to (income from losers - expected house profit)/number of winners.

https://www.youtube.com/watch?v=UQtltNZ_pjs << a lot of skill games but not PvP

That's amusement park not casino where big money are involved. Casino will never open a game with unknown odds (without statistic advantage) other than PVP where their bankroll is not involved.

Positive. I'm very involved with the professionally gambling scene. The hardest part of sports betting for professional sports bettors is simply getting action. What you are referring to is an ideal situation where the book can hedge and align things appropriately but the actual world is much messier than this. Sportsbooks will have losing days all of the time.

https://abcnews.go.com/Sports/won-sportsbooks-banning-smart-money/story?id=57307967
(Random article I pulled but if you are interested you could search for many examples of this)

Skill based games are not really that much easy in any case anyway, no skill based game can be mastered under a minute, however there is a huge difference between mastering something like that and also keeping the bots away. I have literally seen poker bots that doesn't even do that much stuff other than commands it's given, like fold when it has a bad hand, check when it has a decent hand, call or raise when it has super hands etc etc.

It means it really doesn't mean much for human players who can't even bluff because it is literally a bot they are playing against. So a developers job becomes to make sure players can't play something as simple as dice but also won't be playing against bots who would destroy them in almost every turn unless they are masters of the game.

Come on, skill-based games in online casinos are not hard at all. I would even say that it is pure psychological manipulation and skill that you need, even if you do not understand statistics anymore. Sometimes especially like in poker, you only need to understand the mind of the other players at the table.

Poker bots can never do this. They only do statistics, and never take advantage when another player always calls all in or whatever. Bots do not always win.

It's more nuanced than this. You are completely correct that bots do not always win but the question is not whether they win or lose in the short term but more a question of whether or not they are strategically superior to their human opponents.

With poker in particular, it is getting more run over each year with an infestation of better and more effective bots in games. While poker in it's entirely is not solved yet, that day is coming. It also depends a lot on the variant of poker one is referring to.

Our goal (which may not be realistic) is to offer skill games that do not suffer from this problem yet, ideally.

Skill based games are not really that much easy in any case anyway, no skill based game can be mastered under a minute, however there is a huge difference between mastering something like that and also keeping the bots away. I have literally seen poker bots that doesn't even do that much stuff other than commands it's given, like fold when it has a bad hand, check when it has a decent hand, call or raise when it has super hands etc etc.

It means it really doesn't mean much for human players who can't even bluff because it is literally a bot they are playing against. So a developers job becomes to make sure players can't play something as simple as dice but also won't be playing against bots who would destroy them in almost every turn unless they are masters of the game.

With the current technology I believe it is really easy to put some hard bot to play because it can copy players attitude and how the game is played. But the point is, casino wont do that because what they aim is players against players site not players vs bot site, they will use bot when it has less players. And even if it is players vs bot then I do not think it is easy and cheap to have that bot implemented on the site though

Anyway does mintdice even have poker games? And I do not think there is any skill based games to play as well, all of their game is just some normal games against the house edge

We do not have poker games and they are nowhere on our roadmap. This would be a very long run product if we were to even build one. The #1 consideration for us launching a poker product would be whether or not we have a sufficient player base to support games, which I would want to be conservatively on the large side of, which we are nowhere close to at the moment.

Aside from that, I would want it to provide new value to players. If we simply launched a basic poker product, I don't think there would be a compelling reason to play on MintDice versus any other website. Especially when established websites can frequently offer $1M guarantees on tournaments that we could not come anywhere close to matching. And spending that much energy on something like that doesn't really make sense unless there's a good amount of reasoning to back it up.

[sheenshane]

snip-
The #1 consideration for us launching a poker product would be whether or not we have a sufficient player base to support games, which I would want to be conservatively on the large side of, which we are nowhere close to at the moment.

Glad to know if there is a poker feature game on Mintdice, I love to play poker because it is not about against the house edge. Usually, it is made the game about a P2P match from other players that sitting on the table. I think the number of users in Mintdice is enough to play each other if there is a poker game. Or they are using a bot for the house edge favor. I hope there is a poker game soon.

Anyway, I saw there are 4 choices game features in MintDice and I'm excited about how to play pyramid games.
Good job Mintdice team for the hard work just for the Mintdice gambling site.

[game-protect]

Why do you pay signature spam bots to represent your brand?

[Tytanowy Janusz]

Why do you pay signature spam bots to represent your brand?

yahoo62278, as campaign manager, is taking care about post and participants quality. Name 1 "spam bot". I'm sure that he will be kicked instantly (if you are right, which I doubt).