FIRST Peer-2-Peer betting website. NO HOUSE & NO DEALER 1$ UNLIMITED GAINS

[betroom.eu]

One question about the stock market thing, if all the prices are done on random generation, then how can people know when the price is going up or down? I suggest the random-ness is also added to demand and supply rules,,, meaning to say if more people buy it then the price can slowly rise up in terms of demand, and if there is too much supply price goes down. Like a real stockmarket;)

Very interesting concept you have there, though on low volume people might take larger positions, drive the stock into a certain direction to build momentum and then sell out. But this is not abnormal at all since all the large bank are doing the same, so yeah, very interesting point u have there. In a future update i might think of adding this too. The way it s built now it s like the derivatives market where you win/lose based on the price difference and you do not hold any position in the stock, but again, it s an interesting point of view you have there.
Thank you for this valuable piece of information.

[betroom.eu]

Hello and welcome! I've seen lots of casinos and reading the description of the games was actually very refreshing and promising. The reason for that is that it's not a typical set of games, and all of them sound engaging because they require fast thinking and decision-making. Moreover, a peer-to-peer casino is indeed something that is at least rare if not unique. At least, I don't remember seeing any of those. Unfortunately, the website is down, so I cannot check out the games. I hope you will fix that soon, it kind of does not make a good impression when it's already not working.

Thank you so much for the good review. I have made important updates and it might have been down when you checked it out. Please do check it out again and let me know your honest opinion. thank you so much.

[betroom.eu]

Is there a problem about your hosting? I can't access your website.

The web page at https://betroom.eu/ might be temporarily down or it may have moved permanently to a new web address.

^ I can't access too maybe they had encounter problems or such having maintenance to their site.
I can't give exactly feedback because I can't access the site probable when they were available again soon and give my honest feedback.
P2P system is good in a gambling platform when hosting a game but I don't know if how to make a profit when there is no house edge. Owners must have the revenue in business gambling marketing to have expenses when improving/upgrading the site. Because usually, it will not long last or the reason of having exit scam.

In order to play our games you must do 2 things:
1. Credit your account with Bitcoins which will be converted into Betcoins (Betroom's currency where 1 Bitcoin = 10,000 Betcoins)
2. Purchase tickets for the game u wish to play (here we take 3% service charge off of ticket sales)

As a side note, the more tickets you buy, the more chances to win the pot you have.
We NEVER take part in the games, we do NOT have/act as dealers and we WANT players to win. We sit on the opposing side of the casino business in that we are client-centric while casinos are casino-centric.

[Twinkledoe]

Hey guys, My name is Catalin
-

3. There is a way that people can increase their chances of success - buying more tickets. The more tickets you buy, the more chances you have to win the pot. To keep things fair, each additional ticket purchased costs double than the previous one.

4. Betroom's games are fast paced, giving its players the opportunity to win large amounts of money in a matter of seconds, every 20 seconds to be exact.

-
Yours truly, Joe.

You said your name is Catalin but at the very last of your statement, you signed out as Joe? Which one is which?

And where you are earning income is only from the 3% commission for every ticket, are there any other ways you are earning from your website? Is that too much - you are charging twice the amount for each additional ticket? For me, should be the same. What is the reasoning behind that?

[YOSHIE]

there are some interesting concepts to learn about your current Betroom gambling site, which is a $ 1 dollar win once a 20 second round.
I have a question.
1. Other than Rocket, Keno Frenzy, Mania, how many more are there on your game site, I didn't find anything else.
That I see most youtube videos, and one more if we have one account is enough to play in different games or have to create an account one by one each toy.

site: https://betroom.eu/

[betroom.eu]

Hey guys, My name is Catalin
-

3. There is a way that people can increase their chances of success - buying more tickets. The more tickets you buy, the more chances you have to win the pot. To keep things fair, each additional ticket purchased costs double than the previous one.

4. Betroom's games are fast paced, giving its players the opportunity to win large amounts of money in a matter of seconds, every 20 seconds to be exact.

-
Yours truly, Joe.

You said your name is Catalin but at the very last of your statement, you signed out as Joe? Which one is which?

And where you are earning income is only from the 3% commission for every ticket, are there any other ways you are earning from your website? Is that too much - you are charging twice the amount for each additional ticket? For me, should be the same. What is the reasoning behind that?

If you read the whole statement you would have known by now that "Joe" is the character i portray to be represented by everyone joining Betroom. Everyone being Joe in Betroom's eyes means equality, this is what Betroom stands behind. 

[betroom.eu]

there are some interesting concepts to learn about your current Betroom gambling site, which is a $ 1 dollar win once a 20 second round.
I have a question.
1. Other than Rocket, Keno Frenzy, Mania, how many more are there on your game site, I didn't find anything else.
That I see most youtube videos, and one more if we have one account is enough to play in different games or have to create an account one by one each toy.

site: https://betroom.eu/

There are 3 games for the moment and there is a very good reason keeping the number of games low - keeping the pot HIGH. If i were to create a lot of games then the pots would diminish in size and that s not what people want. People want to pay as little as they can, win BIG, win FAST and as many times per day as possible. This is the concept behind ALL my games - place bets worth LESS than 1$ and potentially win HUGE. I want to take my website to the point where i make a millionaire every 20 seconds. This is the goal. I can achieve this ONLY with YOUR help. Together we can revolutionise the whole industry!

[Zicadis]

"FIRST PEER TO PEER BETTING" - now, I do like the sound of that and it's not just the sexy phrase but more like what it stands for. I think, one too many times players like me worry that despite the 'provably fair' quote playing agains the house edge or a bot is not the same as playing against other humans, and so I think the benefit of peer-to-peer betting is providing players with more confidence in their bettings.

I really do hope this project gets uplifted because it's yet another 'whole' in gambling that needs to be filled.

[GreatArkansas]

I have a question about this item on the Frequently Asked Questions(FAQ);
By this means, there will be no restriction on which country the user is located?
Like for example in some gambling sites, they always indicate which country are not alllowed to play on their gambling site and they are extremely strict with it.

[The Cryptovator]

I have a question about this item on the Frequently Asked Questions(FAQ);
By this means, there will be no restriction on which country the user is located?
Like for example in some gambling sites, they always indicate which country are not alllowed to play on their gambling site and they are extremely strict with it.

I what I understand from this FAQ is, owner of site means that he is accepting only bitcoin for his site. Since bitcoin isn't controlled by any government or organization so everyone from all countries able to make deposit with bitcoin. He isn't going to accept any other currency like fiat, so it's not limited for any country. And likely there is not jurisdiction restrictions as far as I know. And also on terms and conditions, seems they did not restrict anyone above 18 years. Their KYC policy will applicable if incase they found someone below 18 years old.


However, that was my opinion, it would be better if team answer by themselves.

[betroom.eu]

"FIRST PEER TO PEER BETTING" - now, I do like the sound of that and it's not just the sexy phrase but more like what it stands for. I think, one too many times players like me worry that despite the 'provably fair' quote playing agains the house edge or a bot is not the same as playing against other humans, and so I think the benefit of peer-to-peer betting is providing players with more confidence in their bettings.

I really do hope this project gets uplifted because it's yet another 'whole' in gambling that needs to be filled.

To further fuel your idea, respond to other posts on this thread and clarify 100% what we, at Betroom, stand for, i will send you a paragraph from our website's knowledge base:

"Hey guys, My name is Catalin, i m the owner and developer of this web app. There are a few things i want to share with you such that people will understand better why i chose this route.

1. First off, there is only a 3% fee deducted when the players buy their tickets, therefore this is not a rake. It is a commission similar to concert ticket sellers/re-sellers or any other type of ticket selling business. And to be honest, 3% is 3 cents per dollar which is half what ticket resellers charge for selling tickets.

2. Another assumption that i want to tackle is that "Betroom is making money while players are losing money". Risk exists in anything we do, from eating our daily meals, going to work to brushing our teeth, therefore risk exists and it cannot be avoided. But it CAN be mitigated. Traditional casinos have no such interest because their bet is against the player, winning when the player loses, therefore making every possible move to increase their odds against the player. Aside from that, what are the odds a player has to predict an event correctly? The answer is simple, 100% divided by the number of possible outcomes. While a coin toss would yield a 50% chance of winning, a lottery game (6/49) would only give the player 1 chance out of 13,983,816 possible combinations to win the pot. It is fair to say that the casino wins EVERY time. Here BETROOM comes into play. I have designed all games such that players do not have to beat the odds to win the pot, they have to be better than the rest of the participants. Let s take Betroom's Stock Market Mania game. In the real stock market, losing money does not get you anywhere, except to being broke. Here, at Betroom, you can finish the trading session with less than the starting capital and still win the pot; you just have to lose less than the others to WIN the pot. This is the beauty of it, you don t have to be Nostradamus to make money, you just have to be better than your competition. Let s take another example, Betroom's Keno Frenzy game, the one who matches the most numbers takes the pot. The Rocket Crash game is no less better than the other games Betroom prides itself with; the winner is the player that jumps last off the rocket before it crashes. Betroom is NOT demanding its players to be foreseers, it demands them to be just better than their peers to win HUGE pots costing them less than 1$ per ticket. What game exists out there where people that have a losing score are being paid huge jackpots? NONE, i can tell you that!

3. There is a way that people can increase their chances of success - buying more tickets. The more tickets you buy, the more chances you have to win the pot. To keep things fair, each additional ticket purchased costs double than the previous one.

4. Betroom's games are fast paced, giving its players the opportunity to win large amounts of money in a matter of seconds, every 20 seconds on average.

5. Last but NOT least, EVERYONE at Betroom is considered equal to everyone else, everyone is Joe. Betroom IS impartial, Betroom does NOT favour anyone, Betroom does NOT have any odds of winning in any of its games and, most importantly, Betroom WANTS its players to win so that they become rich, independent, loyal and start trusting the concept, the work and dedication behind it. Betroom IS player-centric, finding itself at the opposing end of traditional casinos which are casino-centric.

Guys, i am really really really EXCITED to put this forth and i hope you can all see the BEAUTY of it the same as i did when i created it!

Yours truly, Joe."

[YOSHIE]

I can achieve this ONLY with YOUR help. Together we can revolutionise the whole industry!

Thanks for the answer, this is very helpful information for me.
I will start on one of your gaming sites, to find $ 1 luck in seconds, I am interested in trying this challenge. I hope I am lucky this time.
Of course every risk gambling must be there, this is what makes me excited and having fun.



I will try at the Keno Frenzy game.

[betroom.eu]

Hey guys, My name is Catalin
-

3. There is a way that people can increase their chances of success - buying more tickets. The more tickets you buy, the more chances you have to win the pot. To keep things fair, each additional ticket purchased costs double than the previous one.

4. Betroom's games are fast paced, giving its players the opportunity to win large amounts of money in a matter of seconds, every 20 seconds to be exact.

-
Yours truly, Joe.

You said your name is Catalin but at the very last of your statement, you signed out as Joe? Which one is which?

And where you are earning income is only from the 3% commission for every ticket, are there any other ways you are earning from your website? Is that too much - you are charging twice the amount for each additional ticket? For me, should be the same. What is the reasoning behind that?

If you read my comment correctly you would have seen that "Joe" is the denomination that everyone gets in when joining Betroom, everyone is equal in Betroom's vision. Betroom is impartial (does not care which player wins), it s fair (all players have equal chances of winning the pot) and all games are designed in the same exact way (all players buy tickets, tickets' price minus the small 3% service charge goes to fill the pot, winner takes all). Betroom stands at the opposing pole of traditional casinos, Betroom WANTS people to win because it s client-centric, NOT casino-centric like all other casinos that have 99.99% odds of winning against its players. Betroom ONLY makes money by charging the 3% service fee, THAT S IT!

In order to understand the price structure of our tickets, you need to understand what a ticket does for a player. A ticket gives a player 1 chance to win the pot. If each player buys 1 ticket, the chance of each player winning the pot is 100% divided by the number of players. If a player wants to double, triple, quadruple etc. its changes of winning, that player needs to buy more tickets. It would not be fair if 1 player invested a large enough amount of money such that he can take other people's money every time. According to our tests, it would take roughly 100 tickets for someone to have an ABSOLUTE edge in anyone game against the others. But we made the ticket price so high that the world GDP would not be able to buy 100 tickets in one shot. Betroom wants EVERYONE to win, Betroom does NOT favour certain individuals, Betroom does NOT have any odds in the games, NONE of Betroom's employees is allowed to play the games, all-in-all Betroom is IMPARTIAL. If there is no winner in one game, the pot WILL roll over to the next game, such that Betroom will NEVER hold on to the pot and Betroom will NEVER charge a rolled-over pot a second time. Betroom charges 3% service fee when tickets are being bought. We made this structure to make sure we NEVER charge the pot and we NEVER charge tickets a second time. This is what we call a "provably fair" system, where there is CLEAR and CONCISE actions taken for the sake of TRANSPARENCY. Betroom aims to be so large to make a millionaire every 20 seconds. Betroom stands for FAIRNESS, EQUALITY and IMPARTIALITY. Betroom is ALWAYS on player's side and at the same time at the OPPOSING END of the traditional casino's side.

If you invest more money into buying tickets, you increase your chances of winning and also increase the pot size. Again, Betroom's ticket price structure is made that way NOT for Betroom to make more money, but to PREVENT people with a large enough capital to put a monopoly on its games so that EVERYONE has a chance of winning the pot. That s what we, at Betroom, stand for.
Also if a player buys a lot of tickets, it increases the pot so that a player buying a single ticket might get 1000 times its investment such that he gets a HUGE return on his investment.

I hope i answered your questions.

[Dalmar]

You can change the design of site, it is not smooth for the average gambler. Looks like the developers of the betroom get motivation from the Betfair which is the best gambling exchange for p2p trades. Especially for sports betting, some sites have liquidity providers and they only take a small commission form the winning side. Just a small suggestion, you can add no zero roulette and apply the commission form the winners.

[betroom.eu]

You can change the design of site, it is not smooth for the average gambler. Looks like the developers of the betroom get motivation from the Betfair which is the best gambling exchange for p2p trades. Especially for sports betting, some sites have liquidity providers and they only take a small commission form the winning side. Just a small suggestion, you can add no zero roulette and apply the commission form the winners.

Betroom is a TOTALLY new and different concept, unseen in the industry. I will quote a couple paragraphs from our website such that you will understand that we did not copy Betfair or any other concept for this matter:

"Hey guys, My name is Catalin, i m the owner and developer of this web app. There are a few things i want to share with you such that people will understand better why i chose this route.

1. First off, there is only a 3% fee deducted when the players buy their tickets, therefore this is not a rake. It is a commission similar to concert ticket sellers/re-sellers or any other type of ticket selling business. And to be honest, 3% is 3 cents per dollar which is half what ticket resellers charge for selling tickets.

2. Another assumption that i want to tackle is that "Betroom is making money while players are losing money". Risk exists in anything we do, from eating our daily meals, going to work to brushing our teeth, therefore risk exists and it cannot be avoided. But it CAN be mitigated. Traditional casinos have no such interest because their bet is against the player, winning when the player loses, therefore making every possible move to increase their odds against the player. Aside from that, what are the odds a player has to predict an event correctly? The answer is simple, 100% divided by the number of possible outcomes. While a coin toss would yield a 50% chance of winning, a lottery game (6/49) would only give the player 1 chance out of 13,983,816 possible combinations to win the pot. It is fair to say that the casino wins EVERY time. Here BETROOM comes into play. I have designed all games such that players do not have to beat the odds to win the pot, they have to be better than the rest of the participants. Let s take Betroom's Stock Market Mania game. In the real stock market, losing money does not get you anywhere, except to being broke. Here, at Betroom, you can finish the trading session with less than the starting capital and still win the pot; you just have to lose less than the others to WIN the pot. This is the beauty of it, you don t have to be Nostradamus to make money, you just have to be better than your competition. Let s take another example, Betroom's Keno Frenzy game, the one who matches the most numbers takes the pot. The Rocket Crash game is no less better than the other games Betroom prides itself with; the winner is the player that jumps last off the rocket before it crashes. Betroom is NOT demanding its players to be foreseers, it demands them to be just better than their peers to win HUGE pots costing them less than 1$ per ticket. What game exists out there where people that have a losing score are being paid huge jackpots? NONE, i can tell you that!

3. There is a way that people can increase their chances of success - buying more tickets. The more tickets you buy, the more chances you have to win the pot. To keep things fair, each additional ticket purchased costs double than the previous one.

4. Betroom's games are fast paced, giving its players the opportunity to win large amounts of money in a matter of seconds, every 20 seconds on average.

5. Last but NOT least, EVERYONE at Betroom is considered equal to everyone else, everyone is Joe. Betroom IS impartial, Betroom does NOT favour anyone, Betroom does NOT have any odds of winning in any of its games and, most importantly, Betroom WANTS its players to win so that they become rich, independent, loyal and start trusting the concept, the work and dedication behind it. Betroom IS player-centric, finding itself at the opposing end of traditional casinos which are casino-centric.

Guys, i am really really really EXCITED to put this forth and i hope you can all see the BEAUTY of it the same as i did when i created it!

Yours truly, Joe.
"

[GreatArkansas]

I have a question about this item on the Frequently Asked Questions(FAQ);
By this means, there will be no restriction on which country the user is located?
(...)

I what I understand from this FAQ is, owner of site means that he is accepting only bitcoin for his site. Since bitcoin isn't controlled by any government or organization so everyone from all countries able to make deposit with bitcoin. He isn't going to accept any other currency like fiat, so it's not limited for any country.
(...)

Oh, thanks. That's good to hear then, much better then. It's because maybe of the Betcoin?

This says it all, I slowly getting your point. Which before you can play on the site, you need to convert your Bitcoin to Betroom's Betcoin and convert it back to Bitcoin if you want to cash out off to their gambling site.
What a unique gambling site, I'll try this out soon.

[The Cryptovator]

This says it all, I slowly getting your point. Which before you can play on the site, you need to convert your Bitcoin to Betroom's Betcoin and convert it back to Bitcoin if you want to cash out off to their gambling site.
What a unique gambling site, I'll try this out soon.

Small change, you don't need to convert by yourself. Actually I had suggested to team for keep a convert button from Bitcoin to Betcoin. But team implemented a different processor from beginning. When you will make deposit then your bitcoin automatically will converted to betcoin accordingly. You don't need to touch anything, likely team want to save gamblers time. Same thing for withdrawals as well. During withdrawal you will have to Betcoin amount instead of Bitcoin. So website will calculate automatically how much Bitcoin will you receive when you will click on "Withdraw". Its quite conflict word about "Bitcoin & "Betcoin". Likely team could create a different color for Betcoin like I wrote. So users will not confuse about it.

I think Betcoin just a internal algorithm to pay game. There is no value outside of this site. Don't know if they have plan for future. Since exchange rate always same so nothing to worry for gamblers here. They will always get same bitcoin amount.

[Haunebu]

Tried checking the site today and the loading speed was pretty bad. Is it some kind of server issue op? Also, it would be better if you guys provided some sort of bonuses since I cannot find any bonuses on your site currently.

I think Betcoin just a internal algorithm to pay game. There is no value outside of this site. Don't know if they have plan for future. Since exchange rate always same so nothing to worry for gamblers here. They will always get same bitcoin amount.

This makes sense now. This is basically like gambling with FIAT in certain sites(Converting from BTC to FIAT and vica versa). Useful information!

[betroom.eu]

Tried checking the site today and the loading speed was pretty bad. Is it some kind of server issue op? Also, it would be better if you guys provided some sort of bonuses since I cannot find any bonuses on your site currently.

I think Betcoin just a internal algorithm to pay game. There is no value outside of this site. Don't know if they have plan for future. Since exchange rate always same so nothing to worry for gamblers here. They will always get same bitcoin amount.

This makes sense now. This is basically like gambling with FIAT in certain sites(Converting from BTC to FIAT and vica versa). Useful information!

The site was down due to hosting company issues but it s back online now. The exchange rate is ALWAYS the same, 10,000 Betcoins for 1 Bitcoin. The plan is to expand the currency but for now it remains within Betroom's boundary. There is an automated conversion happening behind the scenes such that the user will never need to exchange manually.

Regarding bonuses, we cannot afford to offer bonuses due to the fact that we only take a 3% service charge for buying tickets. We are NOT a traditional casino that offers bonuses and then takes them back 10-fold. We are on the opposing side of traditional gambling. We offer fast paced games for people to play against other people and we offer them equal chances of winning the pot, an offer that casinos can NEVER match. Above that, we don t have ANY odds of winning in the games. All games are designed to place a small bet worth less than 1$ and potentially get back a virtually unlimited amount, depending on how large the pot is.

Aside from everything said, players do NOT have to beat the odds to win any game, they need to be just better than everyone else, better than their peers to win the pot. Let s take the Stock Market Mania game for example. In the real stock market if you lose money, you are a loser basically. Here, at Betroom, even if your ending capital is below your starting capital at the end of the trading session, but you are above everyone else, you STILL take the pot, you still WIN. All games are designed in the same way such that people do not have to guess the exact outcome of an event, they have to be closer to the actual value than their peers to win the pot. This is something new in the industry and a totally different approach to the gaming industry as a whole.

[Haunebu]

The site was down due to hosting company issues but it s back online now. The exchange rate is ALWAYS the same, 10,000 Betcoins for 1 Bitcoin. The plan is to expand the currency but for now it remains within Betroom's boundary. There is an automated conversion happening behind the scenes such that the user will never need to exchange manually.

Got it finally. I think it would be better if you highlighted this part in the op since this can get confusing really quickly. 

Regarding bonuses, we cannot afford to offer bonuses due to the fact that we only take a 3% service charge for buying tickets. We are NOT a traditional casino that offers bonuses and then takes them back 10-fold. We are on the opposing side of traditional gambling. We offer fast paced games for people to play against other people and we offer them equal chances of winning the pot, an offer that casinos can NEVER match. Above that, we don t have ANY odds of winning in the games. All games are designed to place a small bet worth less than 1$ and potentially get back a virtually unlimited amount, depending on how large the pot is.

Makes sense. I got into the habit of using the bonuses whenever I sign up on gambling sites which is why I expected the same from this site, but I understand why you guys cannot provide bonuses currently. However, it is good to see you guys conducting a signature campaign to increase exposure.