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Author Topic: This might be a different approach to gambling?  (Read 969 times)
Runnert
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September 24, 2019, 07:11:56 PM
Last edit: November 02, 2019, 01:03:02 AM by Runnert
Merited by LoyceV (2)
 #1

www.Fifty-Fifty.casino

Why Play at Fifty-Fifty?

**Player vs Player**
**0% house-edge/rake**
**Safe and secure**
**100% provably fair**
**we value your anonymity**
**Fast and easy to use**
**Free faucets(50Satoshi)**
**Player vs House(0%edge)**

New Updates!
**New theme! **
**100% provably fair now! **
**See here https://www.youtube.com/watch?v=C7pol415pp8**

**Fixed some minor bugs**
**Free Faucets!**
**Player vs House(0%edge up to 0.20$)**
** DDOS protected**
**Updated RNG page**

Quick introduction

Dear Everyone,

We have been working on a free to use online casino with zero house edge! We choose to leave the house edge out because we believe there should be no need to gain from gambling. After all we fund this site from our own pockets. We also strongly believe in anonymity so we do not apply KYC or collect any data besides your email (which doesn’t need confirmation). After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. In the future we will be adding more games and a more friendly UI but for now we try to focus on what is important. It’s a Player vs Player system and the winner takes all, without any house edge or fees. Make sure you check it out even if you are not a gambler! We truly appreciate all feedback and suggestions. gl hf =)    

https://www.fifty-fifty.casino


Why did we build this?

We are not someone special or well know online, we are not bank-made like some people suggested.
During the last past years we saw a lot of people around us losing a lot of money due to their gambling addiction, at first we tried to tell them just quit it, the house always wins. But they wouldn't listen due to the fact they already lost so much money, the wanted to win it back. After a while we figured that we couldn't help those people, what they really needed was proper addiction treatment. Yes many developed countries are offering that but still they wouldn't go. We figured out that for us it was impossible to have an impact on the betting problem, the fact we hated the most is that there are a lot of big corporations and casinos that are profiting and abusing this problem. Even the gambling authorities and offshore licensing companies are profiting from it. In some countries only the government is allowed to exploit gambling addiction.. It almost seems like they are a big mob who don't want any changes in their industry.

So we thought if we are not able to stop people from gambling, we could at least try to give them a better chance of winning! We are willing to spend our time and resources to realize this project and we will do our best to so. Our vision is to make sure no one can profit from the fact that gamblers have the urge to gamble. We know we are trying to move mountains and seas, and there is still a long way to go. However, we are very motivated to make this work and maybe, just maybe let some gamblers save a little money on not losing it to a house edge. Besides that it's player vs player, so all cash flows stay within the betting community, an individual might lose some but that makes someone else happy.

We know it sounds crazy a non-profit casino, and we understand you might have some concerns. Because of that we would like to be as open as possible and work side by side with the betting community. We will answer all project related questions.
We are currently financial stable enough to maintain the website, we do have the option for donations if anyone would like to help us out. But we will never ask for your money.


How our RNG is provably fair

Due to many concerns about the fact that; we(as the site owner) could play against the users while knowing the clientseed of the user that created a bet. We came up with a new way to give our bets 100% provably fair RNG. The new way will go as followed: Both players need to be online and in the same lobby, when both players are in the same lobby they create a clientseed in their browser. The hashed version of these clientseeds will be sent to the server. We will reveal your hashed version to the other player, and also the other way around. Make sure you copy your opponent's hashed clientseed, so you are able to check it after the bet has been played. When both players click 'confirm', both players will send their plain-text clientseed to the server at the same time.

In case something went wrong or someone tries to alter their clientseed in their browser after sending the hashed version of it, we will reject their clientseed. The person whose clientseed was wrong or is missing, still has the option to submit their clientseed within 48 hours and get the bet result. To make the system safe, the player who’s clientseed was correct has the option to either cancel the bet and refund the bet amount to both players, or to wait 48 hours and get all the funds without a result(but only if the other users didn’t submit their clientseed before 48 hours). This makes our system 100% safe. The only downside is that both players have to be online and in the exact same lobby. Due to that we will also offer our old system for those who believe that we won't use the outcome against them. And don't feel like waiting all day until someone joins them because we currently do not have that much users yet.


User interface


Fifty-Fifty.casino
✅ Faucets💰 ✅0% EDGE/RAKE💥✅PvP and PvH🤝✅NO ICO🚫✅PROVABLY-FAIR💯✅ANNONYMOUS😎❗
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September 24, 2019, 07:22:11 PM
 #2

No need to put up spaces when mentioning a website unless if its referral link then its prohibited.
Checking the site- Design is way too simple and checking on what game being offered its a pvp heads and tails game which isnt really that attractive here on crypto market
but since you are still on beta its better to add up some games which on demand into this market.

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iePlay Nowei
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Runnert
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September 24, 2019, 07:28:52 PM
 #3

No need to put up spaces when mentioning a website unless if its referral link then its prohibited.
Checking the site- Design is way too simple and checking on what game being offered its a pvp heads and tails game which isnt really that attractive here on crypto market
but since you are still on beta its better to add up some games which on demand into this market.

Thank you for your feedback! We are currently working on improving our RNG system. After that we want to add dice games with 1-6 players, poker and sports-bets etc.

Fifty-Fifty.casino
✅ Faucets💰 ✅0% EDGE/RAKE💥✅PvP and PvH🤝✅NO ICO🚫✅PROVABLY-FAIR💯✅ANNONYMOUS😎❗
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September 24, 2019, 11:08:42 PM
 #4

If you have 0% house edge, where will you get your income to sustain your presence?
And also, aside from the heads & tails, what other games are you going to have here?
Are you planning to get your gambling license also for this project?

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iePlay NoweiI
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September 24, 2019, 11:16:36 PM
 #5

Dear Everyone,

We have been working on a free to use online casino with zero house egde!  After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf  
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

How can we assure that you have a zero house endge? Where you can get profit if you put your house endge into zero?
Upon visiting your website its look simple theres a lot of online casino with a lot of good features its better to make a good marketing strategy to bring more customer.

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September 24, 2019, 11:57:03 PM
 #6

What is your business model? From what I've seen, you don't seem to have any method of making a profit, since you don't take any rake. I'm worried that you're only method of turning a profit is by cheating on your heads and tails game - you know the server seed and know the opponent's client seed, so you can easily create a client seed that generates a win for you.

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September 25, 2019, 03:01:38 AM
 #7

I'm worried that you're only method of turning a profit is by cheating on your heads and tails game - you know the server seed and know the opponent's client seed, so you can easily create a client seed that generates a win for you.
I'm quite confused right now because upon reading the website it's a PvP type of game. The most plausible way to have their profit if they give an advantage to your opponent and that said opponent is a player from the house. Right now there are a few people using the site so they need to use somebody to play in the site because they "do not support a bot-api." Even without a bot, you could decide on where you would give the win (generating a win to the favorable side) then profit from it.

That's just my take on the situation. No other way they could profit, no affiliates, ads, etc. Great initiative though.

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September 25, 2019, 03:38:57 AM
 #8

No need to hurry in launching your gambling site, it needs more feature games that can lure gamblers to visit. Yet, the design is too simple and it is not attractive to gambler enthusiasts for sure. Because in P2P gambling platform need more players unless if you had using bot as their opponent. The suggestion above of mine is good to follow, having an affiliate program will help your gambling site more progressive.

 
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September 25, 2019, 04:02:53 AM
 #9

Like what others concern, you need to show us that you can maintain the site without having any percentage of house edge. So, from the fees? from your own pocket? but how long?

We've seen old projects before that has this kind of feature too but in the long run, they've ended being quiet. I dunno know why, maybe they stopped already because they can't maintain their operation because of the promised 0% house edge.

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September 25, 2019, 06:08:43 AM
 #10

Dear Everyone,

We have been working on a free to use online casino with zero house egde!  After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf  
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

May I please ask, how do you plan to earn revenue? If there is no house edge, how do you pay for the hosting or other stuffs? Or is it just during the beta period? The concern that Darkstar raised, is very valid and that's the first thing came to my mind just after reading the announcement thread!

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September 25, 2019, 06:47:10 AM
 #11

Checked out the site and observed the following:

- Design is way too bland and you could have put more effort into making it look better.
- 1 confirmation deposit should be prioritized over 3 confirmation deposits since 3 confirmations tend to take a lot of time sometimes.
- Expected to find dice and only found heads or tails which is honestly not that appealing.
- How is this 0% house edge model feasible in the long run?
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September 25, 2019, 08:38:35 AM
 #12

It seems the OP has been busy to work on his site because he is come back and give more information related to his website. I visited on the site, and I look that the design is too simple and there is no advertisement or any catchy image. I think the OP should add an image on the site so people will have an interest and they will stay for a long time. As others said, I wonder how he can make a profit if he applies no house edge? In the FAQ section, I think he needs to explain about deposit and withdraw, and I hope he doesn't use KYC for the members.

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September 25, 2019, 09:21:54 AM
 #13

Nop... This site is far from being a beta. I think a lot of work has not been done here. The design is very dry , the forum too has to be colourful to attract discussion because colour is attracting to gamblers. Maybe, it wasn't suppose to be posted yet until it is at least 90% ready which will get visitors to be expecting a completion in their minds. Anyway, wish you well as you put the works in order.

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September 25, 2019, 10:17:19 AM
 #14

~snip~
We appreciate all feedback and suggestions.
Checked out the site and observed the following:

- Design is way too bland and you could have put more effort into making it look better.
- 1 confirmation deposit should be prioritized over 3 confirmation deposits since 3 confirmations tend to take a lot of time sometimes.
- Expected to find dice and only found heads or tails which is honestly not that appealing.
- How is this 0% house edge model feasible in the long run?
^ These are the fact that I want also to know but OP I think is very busy right now, did not online from the time he posted this thread. Upon looking at the site, all replies above were right. Very poor website and how could be impossible to get revenue if there is no house edge, it means it is only third party gambling site that has a feature of P2P? Let us just wait for the update by the OP.

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September 25, 2019, 10:38:23 AM
 #15

If you have 0% house edge, where will you get your income to sustain your presence?
And also, aside from the heads & tails, what other games are you going to have here?
Are you planning to get your gambling license also for this project?


There are no intentions to earn an income/revenue from the site, we have the resources to keep the site up and running.
So there is no need for any house edge. We see it more like our hobby to build this and to make something that never existed before.

We were thinking about adding PvP dice games, poker, sports-bets etc. But if you guys have any other ideas we are happy to hear you out.

Well right now we don't really feel like investing that much money into an gambling license. We can give our time and ofcourse pay for the hosting etc. If we reach an substantial amount of daily players we could always reconsider getting an license.

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September 25, 2019, 10:43:58 AM
 #16

Zero house edge means you have to find a different way to make profit other than just hoping that gamblers lose at your casino! Of course, this usually happens anyway but you will get smart gamblers who make the most of 0 edge,,, especially when it comes to promotions (which is usually +EV anyway during promos even with house edge).

Only heads or tails, so this is PvP? That means site takes nothing for 0 house edge?

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September 25, 2019, 10:47:43 AM
 #17

Dear Everyone,

We have been working on a free to use online casino with zero house egde!  After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf  
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

How can we assure that you have a zero house endge? Where you can get profit if you put your house endge into zero?
Upon visiting your website its look simple theres a lot of online casino with a lot of good features its better to make a good marketing strategy to bring more customer.

it's PvP and we are not able to take an edge of that. We don't want to make profit, and we don't see why we should?
I understand the site looks really stiff and simpel. We will be working on that in the future, thank you for your feedback. Smiley

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September 25, 2019, 11:30:23 AM
Last edit: September 25, 2019, 11:48:18 AM by Runnert
 #18

What is your business model? From what I've seen, you don't seem to have any method of making a profit, since you don't take any rake. I'm worried that you're only method of turning a profit is by cheating on your heads and tails game - you know the server seed and know the opponent's client seed, so you can easily create a client seed that generates a win for you.

There is no business model. We build this website because we do not find it fair that casino's always win.

That is a really good point you made there, you might want to klik "please read more" on our home page where we explain a new system to prevent this from happening.
The only problem with that is: that both players have to be in the lobby simultaneously, and with a brand new website where there is almost no traffic this might become an issue. We wanted to add this later on(when there is enough traffic), but since you guys are really worried about that we started development right away. Please keep in mind that this function wont be as user friendly in the beginning as the way we do it now. Eventually we want all our games to use the SSB method.

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September 25, 2019, 11:47:25 AM
 #19

I'm worried that you're only method of turning a profit is by cheating on your heads and tails game - you know the server seed and know the opponent's client seed, so you can easily create a client seed that generates a win for you.
I'm quite confused right now because upon reading the website it's a PvP type of game. The most plausible way to have their profit if they give an advantage to your opponent and that said opponent is a player from the house. Right now there are a few people using the site so they need to use somebody to play in the site because they "do not support a bot-api." Even without a bot, you could decide on where you would give the win (generating a win to the favorable side) then profit from it.

That's just my take on the situation. No other way they could profit, no affiliates, ads, etc. Great initiative though.


Thank you for your feedback!

Please read our post above this one.

We are not looking to profit from it. You could see it as a charity organization.

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September 25, 2019, 12:00:04 PM
 #20

the site looks verry simple! its under construction or something?

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