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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, 07:37:36 PM
 #41

simple design with 0 house edge . I will keep eyes on your site how it will be in future .

Thank you for your feedback.
Make sure you keep up to dated with the latest update on here! Smiley



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  ?

I understand it doesn't makes sense to you but try to see it this way, why should a online casino make money? They don't have to pay for staff, rent and equipment etc like a regular casino. Our only cost is hosting but its a small fee we willing to cover ourselves because we like doing this. Al development we enjoy doing so that is also no issue.

I don't want to share too much on the sports-bets at this time, due to the fact other casino's might copy it. But i can ensure you our sports-bets will be without any house edge an will be PvP! ;P


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.

It's not a test site for other casino's in anyway. Because it's not seen in this industry before we wanted to build it. Make something that hasn't been done before(as far as we know). Besides that we are not "rich" but wealthy enough to afford a monthly fee for hosting.

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.

Like i said we are not looking after profits. Nothing else to say about that. Tongue
Why would we end up losing? Due to the fact we pay for hosting?

I can see that but a decisive factor might be that we gain nothing from it. Player1 or Player2 wins, and the other one looses. The money stays within the community.

Fifty-Fifty.casino
✅ Faucets💰 ✅0% EDGE/RAKE💥✅PvP and PvH🤝✅NO ICO🚫✅PROVABLY-FAIR💯✅ANNONYMOUS😎❗
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Runnert (OP)
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September 25, 2019, 09:21:08 PM
 #42

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.

Thank you for your feedback!

We didn't really looked into the design that much yet, we will later on. It's experimental right now but we are going to work from what we have.
So the house edge will always be zero, even in the final version i can ensure you that. We try to collect as little data as possible, because we find privacy and anonymity very important.

Fifty-Fifty.casino
✅ Faucets💰 ✅0% EDGE/RAKE💥✅PvP and PvH🤝✅NO ICO🚫✅PROVABLY-FAIR💯✅ANNONYMOUS😎❗
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September 26, 2019, 08:55:31 AM
 #43

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.
I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

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Runnert (OP)
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September 26, 2019, 10:50:03 AM
 #44

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.
I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.

Fifty-Fifty.casino
✅ Faucets💰 ✅0% EDGE/RAKE💥✅PvP and PvH🤝✅NO ICO🚫✅PROVABLY-FAIR💯✅ANNONYMOUS😎❗
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September 26, 2019, 06:23:09 PM
 #45

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

Zero house edge caught my attention. As much as you are trying to lay everything in the open which is commendable but a little charge wont be bad because zero edge means there wont be an reserve for the business not to even maintain the site or pay the administrators or to cover any operating expenses. With zero edge, it means as much as you the customer can lose, so also can you lose and what happens when the customer wins on first attempt or on launch, it means you have to go source for funds to pay the customer. Another factor is that when you have zero edge, then it sends a message to the public that something is going on because if you dont get money from there to run the site, you must surely be doing something shady from behind the scene to recover this money.
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September 26, 2019, 08:06:11 PM
 #46

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.
I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.
I apologize for interfering in your conversation, but I could not help but note your statement about how a person can spend his money on pleasure.  The fact is that I have never met such an opinion so that it would be possible to compare any hobby and spending my finances on it with a passion for gambling. If a person spends his money on repairing and caring for a motorcycle, as well as on gasoline, then as a result he achieves what he wanted, namely the pleasure of owning a luxury motorcycle and the pleasure of driving this vehicle.  But with regard to gambling, if a gambler spends his money on a bet, then in any case he wants to get a win sometime.  Indeed, this is the whole point, and not just to play with any result .

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September 26, 2019, 08:48:35 PM
 #47

The platform is faster, have you worked on it? Within the platform, apart from the forum, whose participation has not been established, it would be useful if you could achieve some way to see users online, maybe an accountant.

Many players see if there are real players and not Bots (I am not saying that you use bots), this is very important because in this way the number of users increases and generates more interest in the players. Everything seems great.

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September 26, 2019, 09:17:29 PM
 #48

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
OP at first I want to tell you that zero house edge means going bankrupt for casino, so if you business is planned on short-term total loss, then it's good project.
Don't take it wrongly but you can achieve nothing without house edge. As I see max bet is 10$, this stops serious gamblers to gamble on your website and more likely your audience will be faucet catcher and players. That's not good for business too. I think it will be much more beneficial if you put ads on your website and offer people to play with just points, without any deposit or set memberships (but this last one won't be beneficial).

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September 26, 2019, 09:22:06 PM
 #49

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.


This is the first time that I have encountered that an online gambling site doesn't want to earn income or revenue.
Are you for real or do you have all the riches already to make this project like a hobby as you said?
Maintaining a site already requires money. How about the staffs that will be working on it? Like the chat support?
Are they working for free also? How many people are involved in this project?
I hope you have no loopholes in this pvp system that you can eventually gain money from.
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September 26, 2019, 10:07:14 PM
 #50

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.


This is the first time that I have encountered that an online gambling site doesn't want to earn income or revenue.
Are you for real or do you have all the riches already to make this project like a hobby as you said?
Maintaining a site already requires money. How about the staffs that will be working on it? Like the chat support?
Are they working for free also? How many people are involved in this project?
I hope you have no loopholes in this pvp system that you can eventually gain money from.
There are no other way on how to monetize your site and its really impossible to think of that a gambling site owner wouldn't think
on how he would profit and charitable works is quite not common nowadays even millionaires do create their own business online
to gain up something out of their funds and doesn't tend to give out free service to the community.We know that staffs and maintenances
do have some cost and running a site will really have some those expense and making no profit wont be sustainable.

R


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imstillthebest
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September 27, 2019, 03:21:19 AM
 #51

There are no other way on how to monetize your site and its really impossible to think of that a gambling site owner wouldn't think
on how he would profit and charitable works is quite not common nowadays even millionaires do create their own business online
to gain up something out of their funds and doesn't tend to give out free service to the community.We know that staffs and maintenances
do have some cost and running a site will really have some those expense and making no profit wont be sustainable.

they can run ads on thier site just like what other websites do , so that they can keep the site up and pay other maintenance cost  . you mention charity  ?  i see some gambling sites are now giving some of their income on the charity that they choose based on thier poll  .  the title really says it all  . this gambling site is really unique to have a zero house edge if ever the owner pushes it  .   this can get instant attention resulting for them to become indemand which can make thier site run longer than usual 
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September 27, 2019, 07:13:50 AM
 #52

We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.
Okay, the next 5 years is assured that you will be able to maintain the hosting for this site. But the whole thing isn't just about hosting.

they can run ads on thier site just like what other websites do , so that they can keep the site up and pay other maintenance cost  .
Actually the owner said that they don't have to monetize so that's why even adding ads on their website isn't going to benefit them (base on what he said). But until now, I'm still confused with his reasoning, anyway as long as this won't turn into a scam I think that will be okay.

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iamsheikhadil
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September 27, 2019, 07:20:02 AM
 #53

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.


Well I will have to give you thumbs up for this. This is unique and has never been seen before. I love player vs player games and specially if there's a zero house edge it will give players an extra thrill to play and double their money based on their luck without having to give any portion of their winning voluntarily. It's good that you came up with this idea and wanting to spend resources to keep it alive without gaining. I will be sure to try it out and also wait for further improvements! Wink
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September 27, 2019, 11:34:35 AM
 #54

I wonder why would you even consider creating a zero house edge casino? The concern that some people have raised regarding this being a data collection attempt is probably the closest thing to reality.

I just hope that you do not in any way try to slip in a house edge in one of your upcoming updates without the users knowing anything about it. Surely you have operating costs, how do you meet these while having zero house edge? Do you charge an extortionate withdrawal fee or something?

You guys know the saying... When something sounds too good to be true, it usually is!
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September 27, 2019, 02:48:56 PM
 #55

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

Zero house edge caught my attention. As much as you are trying to lay everything in the open which is commendable but a little charge wont be bad because zero edge means there wont be an reserve for the business not to even maintain the site or pay the administrators or to cover any operating expenses. With zero edge, it means as much as you the customer can lose, so also can you lose and what happens when the customer wins on first attempt or on launch, it means you have to go source for funds to pay the customer. Another factor is that when you have zero edge, then it sends a message to the public that something is going on because if you dont get money from there to run the site, you must surely be doing something shady from behind the scene to recover this money.

Thank you for your feedback!

It's an PvP system so we don't have to pay out anything. Besides that we are the admins/developers of the site so the only cost we have is hosting and we are willing to pay that out of our own pocket. We have no second agenda, and i can ensure you there is nothing shady going on behind the scene.

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September 27, 2019, 02:54:57 PM
 #56

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.
I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.
I apologize for interfering in your conversation, but I could not help but note your statement about how a person can spend his money on pleasure.  The fact is that I have never met such an opinion so that it would be possible to compare any hobby and spending my finances on it with a passion for gambling. If a person spends his money on repairing and caring for a motorcycle, as well as on gasoline, then as a result he achieves what he wanted, namely the pleasure of owning a luxury motorcycle and the pleasure of driving this vehicle.  But with regard to gambling, if a gambler spends his money on a bet, then in any case he wants to get a win sometime.  Indeed, this is the whole point, and not just to play with any result .

Well we are not gamblers. From our perspective we enjoy coding and developing this platfrom. Besides that we gain pleasure from making something that hasn't been done before and might help out some ppl in the long run. The fact that ppl gamble is not good but atleast we can make sure no one profits from it.

Fifty-Fifty.casino
✅ Faucets💰 ✅0% EDGE/RAKE💥✅PvP and PvH🤝✅NO ICO🚫✅PROVABLY-FAIR💯✅ANNONYMOUS😎❗
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September 27, 2019, 03:02:40 PM
 #57

The platform is faster, have you worked on it? Within the platform, apart from the forum, whose participation has not been established, it would be useful if you could achieve some way to see users online, maybe an accountant.

Many players see if there are real players and not Bots (I am not saying that you use bots), this is very important because in this way the number of users increases and generates more interest in the players. Everything seems great.

Thank you for your feedback!

We are working on the playform everyday. We plan to release a new update somewhere next week. We currently have the amount of users online displayed at the home page. But we will look futher into that!

Fifty-Fifty.casino
✅ Faucets💰 ✅0% EDGE/RAKE💥✅PvP and PvH🤝✅NO ICO🚫✅PROVABLY-FAIR💯✅ANNONYMOUS😎❗
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September 27, 2019, 04:34:06 PM
 #58

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
Zero house edge? This means both the house and the players have equal chance of winning. So, how is this going to work? How is the casino going to make a profit? Since you have zero house edge, this means in the long run there is a chance that your bankroll won't exist anymore since users might win it all.
Anyways, if you are trying to advertise for your casino, then make a proper announcement thread with all important and required information. This you way you will get better response than now.

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September 27, 2019, 04:57:17 PM
 #59

Well we are not gamblers. From our perspective we enjoy coding and developing this platfrom. Besides that we gain pleasure from making something that hasn't been done before and might help out some ppl in the long run. The fact that ppl gamble is not good but atleast we can make sure no one profits from it.

Your concept is very interesting to me and I appreciate your intention that you provide this service for free. But members here are used to various scams, so they are mostly selective in choosing any platform. So indirectly many members here are suspicious of you, and I suggest you give a license to your platform or invite trusted member cooperation here so that your new platform at least has a guaranteed reputation.

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September 27, 2019, 04:59:14 PM
 #60


We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.
I apologize for interfering in your conversation, but I could not help but note your statement about how a person can spend his money on pleasure.  The fact is that I have never met such an opinion so that it would be possible to compare any hobby and spending my finances on it with a passion for gambling. If a person spends his money on repairing and caring for a motorcycle, as well as on gasoline, then as a result he achieves what he wanted, namely the pleasure of owning a luxury motorcycle and the pleasure of driving this vehicle.  But with regard to gambling, if a gambler spends his money on a bet, then in any case he wants to get a win sometime.  Indeed, this is the whole point, and not just to play with any result .

Well we are not gamblers. From our perspective we enjoy coding and developing this platfrom. Besides that we gain pleasure from making something that hasn't been done before and might help out some ppl in the long run. The fact that ppl gamble is not good but atleast we can make sure no one profits from it.
Once again, I apologize, but here I will allow myself to correct you a little, because there are things from which a person takes great pleasure when doing his favorite thing or from doing what he does very well.  In this case, I am sure that you are doing what brings you pleasure.  I’ve been working in the cryptocurrency market for several years in various forms and I’m not always able to get a good income, but nevertheless I like this activity and bring it pleasure.

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