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Author Topic: ETH-based descentralized casinos  (Read 518 times)
l3pox (OP)
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January 29, 2020, 12:07:50 AM
 #1

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?



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January 29, 2020, 12:37:17 AM
 #2

I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?


The idea is not new. 

Who doesn't like a decentralized form of gambling?

But there is no massive call or demands for that and crypto-gamblers still prefer the usual way which is choosing a much reputable site-deposit-play-withdraw. And to those persons or groups that are planning to build a site like that, gamblers should also see that they are serious in promotions and marketing.
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January 29, 2020, 01:01:12 AM
 #3

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?


This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

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smyslov
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January 29, 2020, 01:51:50 AM
 #4

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?



There should be one, but on the contrary if you are a casino operator you would want to have a casino that is open to everyone who wants to spend with different coins, it will attract variety of gamblers and not only those holders of Ethereum, every casino operators are competing with each other and you will have a hard time attracting those who wants to spend different coin.
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January 29, 2020, 02:06:32 AM
 #5

People seem to enjoy the reputation and history of the more established centralized casinos with relatively high playerbases that are already out there compared to decentralized casinos, and that's not surprising considering how much the centralized casinos advertise here and in almost every place you can see cryptocurrency being mentioned. A lot of people (especially newcomers to crypto) also have a stereotype that decentralized versions of traditionally centralized services to be more complicated, though over the last few years that's become less and less true.
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January 29, 2020, 03:08:02 AM
 #6

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?




I just don't think so if other online gambling platforms had applied this type of convenient betting. Most likely they're using bitcoin and they do have their own wallet deposit in order that their funds for bankroll will be credited on their site.
With that strategy of connecting wallet using metamask, it's awesome and this made the gambling experience will be more exciting; because in terms of safety metamask is reliable.
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January 29, 2020, 03:49:13 AM
 #7

So what if you don't want to use Eth or have run out of Eth and want to use other coins like Bitcoin, Dogecoin or other coins, I will have to trade my other coins to Ethereum so I can play in the platform, times are changing people wants a casino with multiple coins as an option to deposit.

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January 29, 2020, 05:48:10 AM
 #8

That's a good concept but I think more gambler prefer these old and trusted gambling sites. People like new services but decentralizing a gambling site maybe a thing on the future. Defi is really a trend now, but eth popularity has been shrugged of the list. I will still use bitcoin gambling site for now, until a good and trusted eth casino platform resurface.

Does anyone know of such platform?

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January 29, 2020, 05:54:37 AM
 #9

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?



There were lots of them but dont actually get some attraction nor interest. Just like this one https://ethex.bet/ and even EOS and TRX platforms do have the same system when it comes to decentralized gambling.

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January 29, 2020, 06:04:16 AM
 #10

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?




I don't think we have a need of that although it looks good because it will target a specific community, on second thought developers should give a lot of option to gamblers, there are some gamblers who do not like using a metamask, although it's a good option it will be experimental, will be interesting on how the community react will they support or will they go for traditional online gambling casino.

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January 29, 2020, 06:34:56 AM
 #11

The reputation thing is very important of aspect decentralization. I sometimes wonder why Blockchain developers don't take it very seriously. I guess some are building the most reliable reputation systems already.
Would be great to build something that works easily on the entire Ethereum ecosystem. It should be fool-proof, anonymous, private, somewhat linked to an individual, the owner should probably be able to hide (or get a new profile) his entire reputation to start all over again, but he/she would need to gain some decent reputation before he's allowed to use some important services.

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January 29, 2020, 07:18:23 AM
 #12

I think that most people like an idea like that.However for that to take place we need massive players who like playing with Ethereum and as far as I know this is not the case because almost all crypto gamblers like to play with bitcoin.When demand for crypto gambling will increase for Ethereum only then we can see an implementation of this idea.

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January 29, 2020, 07:58:52 AM
 #13

As mentioned, most players avoid complications. The traditional way of getting access to platform or creating an account saves them time and effort keeping their private key or getting into meta mask to gamble.

The simplier or convenient a platform for players, the better it gets attention from it's potential users. The reason why online gambling has been a good option for gamblers is the convenience of it.

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January 29, 2020, 08:08:22 AM
 #14

I think I have seen such as casino but can't remember now. This concept is very old like gambling by connect meta mask. But they didn't become much popular here. Most of gamblers like to play simply, make deposit and withdraw. Because such as decentralized gambling site doesn't allow to use so may coins. So most of gamblers just simply skip them. I believe if a centralized casino have good reputation somehow, then there is no issue to join there.

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January 29, 2020, 08:30:45 AM
 #15

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I can't see any gambling site with that too, but you may also send your deposit using your myetherwallet for example to send your ETH in that particular website, I think there will be a reason why all the casinos do not allowed that or did not adapt that decentralized thing, but if they do, it would be easier for us to connect our metamask and send the eth in a short time only.
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January 29, 2020, 08:40:37 AM
 #16

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?



this is a good idea though i know in past there are some issues discussed as this but nothing settled ,i don't know whats the reason why there are no ethereum based gambling.

like EOS that there are many Casino based game and also some online Games that offers eos as you constantly play those game.
i think i would love to have this kind of site though i will not connect my wallet directly instead will only deposit for safer playing.
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January 29, 2020, 08:45:53 AM
 #17

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

Why do you believe MetaMask is a problem? I think it's quite easy to use and a decentralized gambling platform would only make even more progress in the world of decentralization.

After all, when we will have +95% websites with KYC enabled, we will eventually all look for decentralized platforms to go to.. I'm already looking forward to moving to them.

Decentralized platforms will obviously require more attention when handling funds and will not be as easy as 1-2-3. Just like exchanging funds on Binance is instant while on decentralized exchanges it could take from a few minutes to hours. Casinos would probably function similarly.
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January 29, 2020, 10:12:59 AM
 #18

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

Why do you believe MetaMask is a problem? I think it's quite easy to use and a decentralized gambling platform would only make even more progress in the world of decentralization.

After all, when we will have +95% websites with KYC enabled, we will eventually all look for decentralized platforms to go to.. I'm already looking forward to moving to them.

Decentralized platforms will obviously require more attention when handling funds and will not be as easy as 1-2-3. Just like exchanging funds on Binance is instant while on decentralized exchanges it could take from a few minutes to hours. Casinos would probably function similarly.

for me yes its a hassel because you need to install it and download it , what if you dont have a pc  ?  metamask is still possible for mobile  ?  but for a user that already have metamask and enjoy using dex sites , that wont be a big problem for them  . on cex sites , we depo , play , wd but dex sites works the same too  ,  import , play and wd   . the wd time on dex is i think more faster because its automated and no one checks the withdrawals while on cex  , they can check it which cause delays
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January 29, 2020, 10:28:02 AM
 #19

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

Why do you believe MetaMask is a problem? I think it's quite easy to use and a decentralized gambling platform would only make even more progress in the world of decentralization.

After all, when we will have +95% websites with KYC enabled, we will eventually all look for decentralized platforms to go to.. I'm already looking forward to moving to them.

Decentralized platforms will obviously require more attention when handling funds and will not be as easy as 1-2-3. Just like exchanging funds on Binance is instant while on decentralized exchanges it could take from a few minutes to hours. Casinos would probably function similarly.

for me yes its a hassel because you need to install it and download it , what if you dont have a pc  ?  metamask is still possible for mobile  ?  but for a user that already have metamask and enjoy using dex sites , that wont be a big problem for them  . on cex sites , we depo , play , wd but dex sites works the same too  ,  import , play and wd   . the wd time on dex is i think more faster because its automated and no one checks the withdrawals while on cex  , they can check it which cause delays
Thats what decentralized means where you do have the full control of your funds if you tend to deposit nor withdraw without intervention.
Its just a matter of preference though but i do highly believe that most people will play to those sites that do still need some registration.
I agree on the point that its quite hassle on making up some downloads and making transactions from time to time.

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January 29, 2020, 10:31:32 AM
 #20

Decentralization doesn't add any notable perks to gambling in my view.
Provable fairness is already the best way for casinos to prove to their players that any amount wagered in their platform goes through a process that ensures the generation is random and not rigged by the house. To add decentralization mostly makes things more complicated. The perks of decentralization are best experienced on projects that can tokenize part of their venture or at least in some way enjoy the benefits of their project operation through a dAPP (for example no censorship).

But so long as cryptocurrency gambling remains out of the mainstream the most part, simply using cryptocurrency helps to avoid censorship, so there really isn't a need in terms of the users benefiting.

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