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Author Topic: This might be a different approach to gambling?  (Read 1032 times)
Runnert (OP)
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September 25, 2019, 12:02:38 PM
 #21

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.

We understand the site is too basic to be a proper gambling site as you guys know them. We will be working on making it more attractive.
But as of now we try to focus on the idea of this concept, and making it 100% safe and working in the back end of the site. We are currently not looking for fast progress, we want to be rock solid before expanding.

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September 25, 2019, 12:07:59 PM
 #22



Gambling sites are business and its owners do spent out some cash from their wallets to launch up the site.
Zero house edge or no any other ways on profiting will always be a question on mind.We arent building a charity here just to have that aim on having
a fair gambling to everyone.lol

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September 25, 2019, 12:12:38 PM
 #23

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.

We are able to fund hosting etc from our own pocket, and we don't mind doing it to give something to the community. We do all the development/coding and we enjoy doing it so that is also no issue.







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September 25, 2019, 12:19:46 PM
 #24

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!

We made that announcement thread so our users know we are trying to be as transparent as possible.

We are not trying to earn any revenue from it. We pay hosting out of our own pocket and we are currently in a financial state that allows us to do so. And the site will be 100% free, without any house edge even after the beta.

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Runnert (OP)
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September 25, 2019, 12:35:40 PM
 #25

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?

Thank you for your feedback!

-We are currently working on improving the backend of the site, all visuals are just side tasks for now.
-We are well aware of that but we decided to go for the safe option for now.
-I understand where you are coming from, we plan to add more games and make the site more diverse in the future.
-It's not, and we have no problem with that.

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September 25, 2019, 12:44:43 PM
 #26

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.

We are working everyday to improve the site. Good point u made about the image but for now we think there is more important work to be done.
We are not looking to make profit in anyway. What did you find unclear about the deposit and withdraw system? And no we currently do not apply KYC, anonymity is a must for us. If we become licensed we will have to use the KYC law.

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Runnert (OP)
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September 25, 2019, 12:51:15 PM
 #27

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.

Thank you for your feedback!

We saw it more as the beta of the idea/concept. We know the site is far from done yet. All design features we will add later on. We did post it on purpose without the site being 100% done, so we could work together with to community on improving the website in the way they see fit.

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September 25, 2019, 12:59:32 PM
 #28

~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.

Not everyone lives in the same time zone ;P But yes we are working constantly on improving the website.
We are not looking to earn revenue from it. And yes all our games wil become PvP. You could see us as a platfrom where people can play against each other without anyone interfering them, or a escrow between 2 player gambling online.


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Runnert (OP)
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September 25, 2019, 01:05:45 PM
 #29

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?

We don't see why we should do promotions? And why should we be making profit? I can help my neighbours for free can i? Not everyone is in it to make money.

Currently there is only head or tails, but we are playing to add more games in the future. And all those games will be PvP. Correct the site takes nothing, 0 house edge.

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September 25, 2019, 01:17:39 PM
 #30

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

Thank you for your feedback!

Yes we are still developing the site. We posted this because we strive to work hand in hand with the betting community, get feedback and improve the site in anyway the community sees fit.

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Runnert (OP)
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September 25, 2019, 01:29:16 PM
 #31



Gambling sites are business and its owners do spent out some cash from their wallets to launch up the site.
Zero house edge or no any other ways on profiting will always be a question on mind.We arent building a charity here just to have that aim on having
a fair gambling to everyone.lol

Well we are not really a business we operate like one but without financial motives. I understand is weird to believe us, especially in a market that is all about money. But i can ensure you we want to work with the community hand in hand and do everything that see fit. We posses the resources to make gambling fair for everyone why shouldn't we make it? Not everyone is in it to make some money. ;P

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September 25, 2019, 01:37:15 PM
 #32

I saw this site also integrated with your own forum and it could be good place to talking and discuss about games or anything else related your site although still no activities at there

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September 25, 2019, 01:40:55 PM
 #33

Not everyone lives in the same time zone ;P But yes we are working constantly on improving the website.
We are not looking to earn revenue from it. And yes all our games wil become PvP. You could see us as a platfrom where people can play against each other without anyone interfering them, or a escrow between 2 player gambling online.
^ Good to see that you had been answered all concerns here and those suggestions that they are given. But here is also my friendly concern to you OP please do reply within one row, its looks like spamming. You can quote all in one reply. Friendly wishes and hoping that this project of yours will come successful soon good luck.
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September 25, 2019, 01:57:46 PM
 #34

I think that at the time of making the bets you should establish some online chat, because when the bet is made it is like something very automatic, it gives the impression that you are playing with a Bot. Try to make the interface with some colors, maybe if you can integrate night mode, it would be something to improve.

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September 25, 2019, 02:56:14 PM
 #35

What people have been missing out on the "zero house edge" is that its a marketing effort obviously. They are doing a heads or tails game and hope that one day people would come over and play there without the casino itself gambling. It would mean user 1 and user 2 playing against each other and whoever the winner is the casino doesn't have a house edge since they are not in the bet themselves.

So, there is no house edge because its not a game house is involved in, think of like poker games where you play against each other. Now do they have rake I have no idea, maybe they do have a rake or maybe they don't but that doesn't change the fact that there is no house edge part. So its a marketing effort to say zero house edge in game where there is no house anyway.

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September 25, 2019, 03:27:10 PM
 #36

Not everyone lives in the same time zone ;P But yes we are working constantly on improving the website.
We are not looking to earn revenue from it. And yes all our games wil become PvP. You could see us as a platfrom where people can play against each other without anyone interfering them, or a escrow between 2 player gambling online.
^ Good to see that you had been answered all concerns here and those suggestions that they are given. But here is also my friendly concern to you OP please do reply within one row, its looks like spamming. You can quote all in one reply. Friendly wishes and hoping that this project of yours will come successful soon good luck.

Good point.
Thank you!

I saw this site also integrated with your own forum and it could be good place to talking and discuss about games or anything else related your site although still no activities at there

Correct no activity yet, so we will just do it here.

I think that at the time of making the bets you should establish some online chat, because when the bet is made it is like something very automatic, it gives the impression that you are playing with a Bot. Try to make the interface with some colors, maybe if you can integrate night mode, it would be something to improve.

Thank you for your feedback!

We will do a lot of UI changes once the backend works perfectly, dark-mode is a good one we are also thinking about implementing that. Smiley
Did you play a bet already? Because you will join a lobby with an other player where there is a chatroom and the option to switch to public chat.
If you mean something else please try to explain it in a different way.



What people have been missing out on the "zero house edge" is that its a marketing effort obviously. They are doing a heads or tails game and hope that one day people would come over and play there without the casino itself gambling. It would mean user 1 and user 2 playing against each other and whoever the winner is the casino doesn't have a house edge since they are not in the bet themselves.

So, there is no house edge because its not a game house is involved in, think of like poker games where you play against each other. Now do they have rake I have no idea, maybe they do have a rake or maybe they don't but that doesn't change the fact that there is no house edge part. So its a marketing effort to say zero house edge in game where there is no house anyway.


You are 100% correct, and by zero house edge we mean also no rake, rate, fee, commission, or exchange cost of chips in anyway.
We do not earn money in anyway.

Fifty-Fifty.casino
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SyGambler
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September 25, 2019, 04:48:28 PM
 #37

I'm still not sure how a site doesn't want profit , it doesn't make sense for me personally but maybe that's really the case here

the sportsbook part I'm not getting , it's impossible to run a book where there is no house edge cause even books that have margins can offer value bets from time to time so the book may make you lose money actually
unless the pvp part including sportsbetting as well , is that the plan to make people bet on sports against each others  ?
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September 25, 2019, 05:22:05 PM
 #38

I might be wrong but is this some form of a test-only gambling platform which people can try out provably-fair systems before getting out on the real gambling sites? Because if it is not, then you are asking for bankruptcy at all (well you must be rich guys to begin with since you have answered that you don't do this for the profit). Zero-percent house-edge is not yet seen on this industry, and the most common is 0.1% and that's the lowest I've seen. Just checked out the site and perhaps some design tweaks would help.

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RivAngE
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September 25, 2019, 06:55:12 PM
 #39

Erm... What do you mean you're not doing this for profit?
I'd understand this if it were a school's project but since it's a gambling site then it's also possible that you end up losing instead!

I don't think 1% up or down would be a decisive factor for some to choose you or not, you could set it to 49-51 after the beta.
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September 25, 2019, 07:24:50 PM
 #40

This doesn't makes sense though since you don't want to have a profit and you just want a zero house edge. I think this is some kind of an experimentation before going on to a full game. A type of collecting data before making a real casino with a house edge.

Anyway, good luck on your experiment or whatsoever. The site design is quite simple, you might wanna twerk it a little bit to look more interesting.

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