plvbob0070
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December 18, 2020, 01:41:58 PM |
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With all the comments here on this thread, and checking again the site. The owner haven't managed to improve their site yet. So I don't think they can attract players here even if their house edge offering is legit. Sometimes people are not after for the low house edge of the casino but the entertainment they can get from the game. And with their game, don't think that it is enjoyable in the long run.
Building these kinds of sites would be really hard. Having a 0% house-edge is amazing and all but it is just there standing at one foot and can't do anything. It is better if they could maybe make the games more entertaining and inviting and as you've said, maybe develop and improve more their site. Maybe they could add more games and not just the game that they have right now. Nowadays, there are already a lot of gambling sites and it would really be hard to attract customers unless you are good at advertising your business. Even if they have a 0% house edge, most online gamblers would still probably choose to play on the sites they know. I would agree with you that improving the games, or adding more games would be nice to attract more players but if you don't know how to promote your site well, you would still get less to no customers.
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TGD
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December 18, 2020, 02:10:14 PM |
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People probably given up on it, because its difficult. Usually people play games that are simple including myself. I guess it can be nice for the smart contract or website to regain popularity, if they had more games to offer. What makes people bet in centralized House edge is the giveaways and bonuses cause it yields more profit.
Giveaways and bonuses is not the main reason why people still playing even there is a house edge. Security is the main reason why people still playing on casino with house like many famous casino. Gambler feel comfortable including myself in playing popular casino like duelbits because we can assure that our money is safe there. Giveaways and bonuses has a lot of requirements to claim that's why many gamblers were discourage to get it.
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Don't mind me | Just checking out here for Duelbits Promotion | Bitcoin 1M | Duelbits no 1
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johhnyUA
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December 18, 2020, 06:28:04 PM |
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~
Betting on blockchain hash is a relatively lengthy process with a time-out waiting for the result during which the excitement of betting decays. The awareness of 0% House Edge doesn't cover the loss of emotional state I get when gambling on fruit-machines in online casinos. Yes, many gamblers would prefer more active games, and also of course would often play in games with bigger variance even if expected value is lesser compared to 0 % house of edge game (or even to any other, for example people more often looks into jackpot than for gain from mid combos). My excuse to avoid 0% house edge is that i fear i could get scammed by the house which offer this unusual house edge of 0%. If there is no house edge, the casino can get rekt, therefor no casino will be 100% doing the business without the house edge.
With 0 house of edge it will be more like endless game. For example, in this game from OP, the EV is the same as bet - 1 dollar. So you can't win anything in long term but can't lose too.
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Oilacris
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December 18, 2020, 09:44:22 PM |
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People probably given up on it, because its difficult. Usually people play games that are simple including myself. I guess it can be nice for the smart contract or website to regain popularity, if they had more games to offer. What makes people bet in centralized House edge is the giveaways and bonuses cause it yields more profit.
It's true that many players like simple games but from time to time you need something to challenge you a bit. But with offer of 0% house edge some gamblers might have the bad feeling thinking it's possible scam because it's not quite usual. We have seen all of those gambling sites that had existed which HE is a normal thing and having none will really raise up some eyebrows on why the heck that some sites do offer 0% and how the hell they would able to make money if they do offer this one. Even if they do put up 1-2% then it wont really change a thing because these type of games doesnt really get too much interest.If this is some sort of DICE or roullete then theres a possibility for blockchain games then its hard. Avoiding this game doesnt only stuck out just because it does 0 house edge but also the game offered isnt nice at all.
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michellee
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December 19, 2020, 04:15:30 AM |
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People probably given up on it, because its difficult. Usually people play games that are simple including myself. I guess it can be nice for the smart contract or website to regain popularity, if they had more games to offer. What makes people bet in centralized House edge is the giveaways and bonuses cause it yields more profit.
It's true that many players like simple games but from time to time you need something to challenge you a bit. But with offer of 0% house edge some gamblers might have the bad feeling thinking it's possible scam because it's not quite usual. Only some people who want to search for gambling games can challenge them and get more tension when playing gambling games. People can feel if they need to change the game or still use that game to enjoy their time in gambling games. But maybe I think the giveaways and bonuses are attracting people to join that site.
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ralle14
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December 19, 2020, 07:09:51 AM |
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With 0 house of edge it will be more like endless game. For example, in this game from OP, the EV is the same as bet - 1 dollar. So you can't win anything in long term but can't lose too.
Aside from the house edge the only multiplier available in their game is x16 they're basically relying on the bad luck of their gamblers due to the low win probability. That's true mate but there are other means any gambling casino can sustain their business within the 0% house edge, the transaction fees on the platform could be use for that purpose. There are gambling casinos that aren't 0% house edge but yet scam gamblers in their platform, so, judging from that perspective might be wrong. Believe me, if those casinos with 0% house edge gat some good games; then why not be with them just becasue of fun?.
Withdrawal fees could be a good alternative to take some cut but it'll take a lot of transactions/bets before it becomes significant.
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BIN-BIN
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December 19, 2020, 08:03:01 AM |
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Being away for 4 year is a long time and within this time other blockchain gambling industry have witness different good development.
0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
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smyslov
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December 19, 2020, 08:13:50 AM |
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Being away for 4 year is a long time and within this time other blockchain gambling industry have witness different good development.
0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
Adding more games and features will be great for the project as you can see, it has only one game those who are looking for entertainment will play here but they will not stay long to play, they want a variety of games, they prefer gambling sites with a lot of features even with a house edge, not all gamblers are looking for money.
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boyptc
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December 19, 2020, 08:52:17 AM |
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0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
As you say, it's just a promotion but can't make the casino keep going if it will forever like that. And you're right with the marketing. The known casinos doesn't stop marketing even if their casinos are already popular.
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samputin
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December 19, 2020, 10:25:56 AM |
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0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
Of course, players are not dumb enough to easily get hook on such sweet words (even though it never existed in the first place). As the owner, make your brand popular as much as possible, upgrade your services as well so that you will get outstanding reviews from the pioneers who tried your site. The news will spread around and that's the time when you can expect an increase on your market. Gambling business is way more than a "0% house edge" phrase. Adding more games and features will be great for the project as you can see, it has only one game those who are looking for entertainment will play here but they will not stay long to play, they want a variety of games, they prefer gambling sites with a lot of features even with a house edge, not all gamblers are looking for money.
What? What's with the connection of variation of games and the willingness of players to earn money? I don't get it. As far as I'm concern, all players have the hopes to earn (even the slightest) money in their mind that's why they go in there. Even the ones who just wanna have fun are subconsciously wanting a taste of winning of course.
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ethereumhunter
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December 19, 2020, 11:12:42 AM |
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Being away for 4 year is a long time and within this time other blockchain gambling industry have witness different good development.
0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
Many things have changed after 4 years, and he needs to search for the trend now. He can not stick to his plan because he will be too old to follow the trend. The promotion will be good to start while he can edit something on his site and add something new so when people visit his site, they will see a different than a few years ago.
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Twinkledoe
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December 19, 2020, 10:59:46 PM |
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<snip>
That's true mate but there are other means any gambling casino can sustain their business within the 0% house edge, the transaction fees on the platform could be use for that purpose. There are gambling casinos that aren't 0% house edge but yet scam gamblers in their platform, so, judging from that perspective might be wrong. Believe me, if those casinos with 0% house edge gat some good games; then why not be with them just becasue of fun?.
Withdrawal fees could be a good alternative to take some cut but it'll take a lot of transactions/bets before it becomes significant. Basically not when the gambling platform have some good looking and appealing games on their platform, some gambling platforms with the right games made some good reasonable cut from their transactions, there are some that solely pay staff's salaries from these transaction fees, my point is: if there will be more good games that will attract more gamblers the transaction fees will be enough to take care of the casino bills IMO. But looking at the current bank roll of this site, they only have 9.9745 LTC, roughly $1200 only. So if in case there will be a winner and hit a good winning results, they will be bankrupt easily. Now, the chain-bet needs to strategize how they can get players and sustain their interest. Because this kind of game, I don't think you can keep the interest of players for long time.
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Vishnu.Reang
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December 20, 2020, 12:37:21 PM |
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0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
As you say, it's just a promotion but can't make the casino keep going if it will forever like that. And you're right with the marketing. The known casinos doesn't stop marketing even if their casinos are already popular. Promotional offers hardly last more than one or two months. That said, online casinos have other avenues for funds apart from the house edge. One option is to g for advertisements. Most of the online sites avoid this, because it can be irritating for the gamblers. Another avenue is from deposit/withdrawal fee. An online casino can operate profitably, if they waive off the house edge, but at the same time slightly increase the deposit/withdrawal fee.
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boyptc
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December 21, 2020, 06:50:58 AM |
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0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
As you say, it's just a promotion but can't make the casino keep going if it will forever like that. And you're right with the marketing. The known casinos doesn't stop marketing even if their casinos are already popular. Promotional offers hardly last more than one or two months. That said, online casinos have other avenues for funds apart from the house edge. One option is to g for advertisements. Most of the online sites avoid this, because it can be irritating for the gamblers. Another avenue is from deposit/withdrawal fee. An online casino can operate profitably, if they waive off the house edge, but at the same time slightly increase the deposit/withdrawal fee. Advertisements? that's the last that I can think of. I don't see any casino that has advertisement branding on their platform because they only rely on their product. It is a fact that having ads appearing on while playing is very much annoying. That's why most casinos don't do it.
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ethereumhunter
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December 21, 2020, 07:05:20 AM |
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0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
As you say, it's just a promotion but can't make the casino keep going if it will forever like that. And you're right with the marketing. The known casinos doesn't stop marketing even if their casinos are already popular. Promotional offers hardly last more than one or two months. That said, online casinos have other avenues for funds apart from the house edge. One option is to g for advertisements. Most of the online sites avoid this, because it can be irritating for the gamblers. Another avenue is from deposit/withdrawal fee. An online casino can operate profitably, if they waive off the house edge, but at the same time slightly increase the deposit/withdrawal fee. No matter what, the casino can search for other incomes, and they will still promote offers to many gamblers who do not come to their site. But some gamblers will not avoid a game with a 0% house edge, especially for a gambler who search for pleasure. Once a gambler found a place to play gambling and feel comfortable, they will not think much about the offers or the other promotional from the casino. They will think that it is a bonus for them to stay for a longer time.
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mirakal
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December 21, 2020, 10:42:57 AM |
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0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
As you say, it's just a promotion but can't make the casino keep going if it will forever like that. And you're right with the marketing. The known casinos doesn't stop marketing even if their casinos are already popular. Promotional offers hardly last more than one or two months. That said, online casinos have other avenues for funds apart from the house edge. One option is to g for advertisements. Most of the online sites avoid this, because it can be irritating for the gamblers. Another avenue is from deposit/withdrawal fee. An online casino can operate profitably, if they waive off the house edge, but at the same time slightly increase the deposit/withdrawal fee. No matter what, the casino can search for other incomes, and they will still promote offers to many gamblers who do not come to their site. But some gamblers will not avoid a game with a 0% house edge, especially for a gambler who search for pleasure. Once a gambler found a place to play gambling and feel comfortable, they will not think much about the offers or the other promotional from the casino. They will think that it is a bonus for them to stay for a longer time. I don't get it, casinos makes money through the house edge, that's the bread and butter of their business, without that they wouldn't make money. House edge has become a norms in casinos, and the competition here is the lowest house edge the more gamblers will play with them but never heard gamblers play in a casino because of no house edge, in fact gamblers might doubt if the casino is legitimate or not.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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bitbollo
Legendary
Offline
Activity: 3304
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Nec Recisa Recedit
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December 21, 2020, 02:20:45 PM |
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I don't get it, casinos makes money through the house edge, that's the bread and butter of their business, without that they wouldn't make money. House edge has become a norms in casinos, and the competition here is the lowest house edge the more gamblers will play with them but never heard gamblers play in a casino because of no house edge, in fact gamblers might doubt if the casino is legitimate or not.
I guess they are using a different approach for monetizing website right now, and as declared by OP this is just another marketing promotion... or a way to build a community behind the site. In this case it's not a question to be or not be legitimate casino... This game it's very hard. Make the right prediction with too many possibilities and no hints... plus you can't have some "combo" betting like classic roulette (colors / pairs /groups of 8 etc).
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ethereumhunter
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December 22, 2020, 08:04:58 AM |
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I don't get it, casinos makes money through the house edge, that's the bread and butter of their business, without that they wouldn't make money. House edge has become a norms in casinos, and the competition here is the lowest house edge the more gamblers will play with them but never heard gamblers play in a casino because of no house edge, in fact gamblers might doubt if the casino is legitimate or not.
I guess they are using a different approach for monetizing website right now, and as declared by OP this is just another marketing promotion... or a way to build a community behind the site. In this case it's not a question to be or not be legitimate casino... Exactly, that is what I mean. It is just a promotion from the casino. And if the casino uses that way, I think they already have another strategy for how they can make more money from the gamblers. The casino will always make money, and we know that. But they will not tell us how they are going to make money, and we do not know how much money they already have used one strategy.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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shield132
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December 22, 2020, 01:08:14 PM |
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0% house edge is a good promotion but you still need marketing to bring it to gamblers attention after 4 years relaunch.
As you say, it's just a promotion but can't make the casino keep going if it will forever like that. And you're right with the marketing. The known casinos doesn't stop marketing even if their casinos are already popular. Promotional offers hardly last more than one or two months. That said, online casinos have other avenues for funds apart from the house edge. One option is to g for advertisements. Most of the online sites avoid this, because it can be irritating for the gamblers. Another avenue is from deposit/withdrawal fee. An online casino can operate profitably, if they waive off the house edge, but at the same time slightly increase the deposit/withdrawal fee. No matter what, the casino can search for other incomes, and they will still promote offers to many gamblers who do not come to their site. But some gamblers will not avoid a game with a 0% house edge, especially for a gambler who search for pleasure. Once a gambler found a place to play gambling and feel comfortable, they will not think much about the offers or the other promotional from the casino. They will think that it is a bonus for them to stay for a longer time. I don't get it, casinos makes money through the house edge, that's the bread and butter of their business, without that they wouldn't make money. House edge has become a norms in casinos, and the competition here is the lowest house edge the more gamblers will play with them but never heard gamblers play in a casino because of no house edge, in fact gamblers might doubt if the casino is legitimate or not. Has become the norm? It was always this way from the beginning. Casino isn't a charity organization, it's a business, activity that offers you some services while getting profit from it. Has anyone ever seen casino that offers ads places to others? No, so let's forget this monetization method. Don't tell me that casino will run on donations too, one user here had this idea ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Also, people don't gamble on 0 house edge casinos because they don't exist and won't exist. If we want casino with 0% house edge, then we should change rules in casino products, for example: 1. Roulette must be played without ZERO. 2. If person busted at first but then the dealer followed too, then money should be returned... If anyone agrees to do that, then 21th century will be the heaven of gamblers.
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bitterguy28
Full Member
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Offline
Activity: 2058
Merit: 181
★Bitvest.io★ Play Plinko or Invest!
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December 22, 2020, 01:26:24 PM |
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I don't get it, casinos makes money through the house edge, that's the bread and butter of their business, without that they wouldn't make money. House edge has become a norms in casinos, and the competition here is the lowest house edge the more gamblers will play with them but never heard gamblers play in a casino because of no house edge, in fact gamblers might doubt if the casino is legitimate or not.
I guess they are using a different approach for monetizing website right now, and as declared by OP this is just another marketing promotion... or a way to build a community behind the site. In this case it's not a question to be or not be legitimate casino... This game it's very hard. Make the right prediction with too many possibilities and no hints... plus you can't have some "combo" betting like classic roulette (colors / pairs /groups of 8 etc). Making a 0 edge but also 0 chances of winning hehehe. Casino business over the years even upon the memory of our grandies ,Gambling operators gain from house Edge . Maybe those Sites are just having a different approaches but in the end?it is our Money that they will surely tale.So better look for the fair casino you'll find not some misleading one.
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