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Author Topic: Joker7: 99% RTP Bitcoin gambling platform  (Read 246 times)
YomkonZeda (OP)
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February 13, 2021, 09:41:53 AM
Last edit: February 17, 2021, 01:32:48 PM by YomkonZeda
 #1

Dear Bitcoin enthusiasts,

I would like to present to you a platform I have been working on for a while now. It is a gambling platform that uses bitcoin as a payment method without any payment processors nor conversion to other currencies, so the bets and wins are all in terms of bitcoin no matter how the bitcoin price changes. ( 1000 satoshis = 1 credit on the platform, less than 1$ minimum deposit ).
For the withdrawals, we process a single transaction everyday at 4am CST.

There are many games:
Slots5 & Slots3: the classical slots games with guaranteed RTP of 98%.
Roulette & Dice: with bonuses up to 1000x and guaranteed RTP of 98%.
Slots Community: a slots game that displays a jackpot containing all lost bets and wins are a percentage of that jackpot depending on the symbol you get in the winning line. We take 2% of your winnings as our fee.
LUDO: the famous LUDO game that you can play with your friends directly on the website. We take 2% from the winning player.
Tombola: hourly, daily, weekly and monthly tombola game. Basically everyone buys tickets and one player wins, he gets 98%, we get 2%.

We will be adding many other games and opportunities to win.
I really hope you give it a try.

Link: https://joker7.live

Good luck everyone!
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February 13, 2021, 12:26:54 PM
 #2

Are you a developer of this casino for getting user feedback? or only promoting the casino? If you want to promote the casino better to buy Copper Membership [1] and move it to gambling sections.

The first thing you may need to fix your site is about the grammatical error "singup" it should be "sign up"

I think it would be better if the deposit address can be copy-paste or add features to auto copy-paste.

Is your casino add "provably fair" algorithm?

In your ToS you reserve the right to close, cancel, block etc due to technical difficulties, hacking and cheating. It would be better if you explain more specific what act can be considered as suspicious activities, so gamblers will know and prevent from those act.


[1] https://bitcointalk.org/index.php?action=credit;promote

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February 13, 2021, 12:52:53 PM
 #3

Hi again,
Thank you very much for having tried and read the website.

I am the developer and currently the only member of the team of the website.

I will correct the grammatical error you mentioned and for the casino, the algorithms of all games are programmed to give the maximum output to players as long as the calculated RTP is equal to 98% so I don't think it is "provably fair" but it is still fair. That is why I try to use guaranteed RTP.

The casino is still in the first phase and all activities are logged (very detailed logs). I tried to debug with the help of 20 tester as much as I could but bugs might exist and people might use them, if this can be proved I will cancel the bug users transactions (nothing will go to my prockets, I only get 2%).
I think there is a big need for a UX designer and I will be recruiting someone asap.

Thanks again for trying. I hope you get to play and have fun.
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February 13, 2021, 09:05:59 PM
 #4

Before you focus more into developing and fixing some bugs in your website I think you should prioritize first on obtaining a gambling license for your project because when I have visited your website I didn't see any kind of gambling license while navigating your website. A gambling license has a lot of benefit besides you officially making your operations legal it will also make your gambling site more trustworthy thus giving you a big step on gaining more players. Also if you don't want to get in trouble with the law I think that you should make your website unavailable temporarily until you obtain a gambling license as there is that risk that they will shutdown your website permanently. My other suggestions are change your domain to a .com one as well as having a homepage for your website as having a log-in page as your welcome page is something that will lack information for visitors who wants to know more about what you have.

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February 14, 2021, 11:39:01 AM
 #5

I saw your thread in the project development and it's good that you move it here, members are recommending that you get a copper membership you don't want to be the only one updating and promoting a gambling site without wearing a copper membership this is important and for newbie developers who are serious in promoting their project, members will give you high regard if you are wearing a copper member rank.
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February 14, 2021, 11:58:52 AM
 #6

I saw your thread in the project development and it's good that you move it here, members are recommending that you get a copper membership you don't want to be the only one updating and promoting a gambling site without wearing a copper membership this is important and for newbie developers who are serious in promoting their project, members will give you high regard if you are wearing a copper member rank.

but am worried as he is alone in this endeavour. since this is a gambling site, does he have sufficient bankroll to maintain this site? what if someone wins big? can he pay the winner/s without hesitation? buying copper membership is easy but managing the site alone is quite tedious. lets see how long he can maintain this site without any complaints from the players?

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February 14, 2021, 12:03:34 PM
 #7

Since the website's very new, how about some welcome bonus for new users to test the games and give feedback? I also wanted to say that your Terms of Service are way too short and don't contain some important information. What is the minimum deposit and withdrawal? What is the maximum bet (you should set something like this or otherwise you might not be able to pay out the winnings because you simply don't have enough money)? What is your KYC policy?
And I had trouble understanding this one:
Quote
This is not a very “professional” company. This is an idea that will add value to both the platform’s team and its users.
I just don't understand how to interpret it and what kind of value it somehow adds.

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February 15, 2021, 01:09:22 AM
 #8

I am the developer and currently the only member of the team of the website.

I will correct the grammatical error you mentioned and for the casino,
It's just a small mistake but it can take people to judge the website isn't seriously created and good to see you fair about the unprofessional company and currently working under development, but it's better to launch a website where had enough security for the user like 2fa and another. About the deposit, I suggest using the bech32 address with a decreasing fee.

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February 15, 2021, 02:34:46 AM
 #9

Just a suggestion, it maybe better to you to start looking for a serious investor to work with you to develop your web, because it is certainly not easy to just develop a games site and compete with the existing if not really support by huge fund. A lot of money will also allow you to start promoting by giving bonuses or even have a signature campaign on this forum. BTW good luck with your games site in future.

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February 15, 2021, 03:36:09 AM
 #10

I would like to present to you a platform I have been working on for a while now. It is a gambling platform that uses bitcoin as a payment method without any payment processors nor conversion to other currencies, so the bets and wins are all in terms of bitcoin no matter how the bitcoin price changes.
of course there will be no changes because you only accept bitcoin but is there a bitcoin casino that tries to modify your winning when a btc price changes ? thats no good if theyl do that but usually the gambler is the one that will adjust his bets if he saws that btc price is too high or too low and its always better to have an additional crypto curency choice because not all are using bitcoin right now due to its massive increase .
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February 15, 2021, 06:24:50 AM
 #11



We will be adding many other games and opportunities to win.
I really hope you give it a try.

Link: https://joker7.live

Good luck everyone!

I tried to go to the homepage to check the design, but I am redirected to the login/registration page, the default homepage is the login/registration page which is not good for first-time visitors, of course, you would like to see the design and information about the site, but there's no option to do that, the first thing that will attract gamblers are design and information but your site is not giving these two important things. 


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February 15, 2021, 07:04:50 AM
 #12

I like the fact that you're transparent with your RTP and it is completely uniform throughout your site.

However, have you taken into consideration the fact that most of your competitors offer proprietary slots games at 1% or less (Cryptogames, Bitvest, etc.). Even third party slots like pragmatic offer >98% RTP usually.

If you're serious about marketing/gaining a large player base, then perhaps offer lower house edges on at least some certain games - it will make you that much more competitive.
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February 15, 2021, 06:01:15 PM
Last edit: February 15, 2021, 07:20:40 PM by YomkonZeda
 #13

Thank you everyone for trying it and for your feedback.

It is really motivating and I will take every single detail into consideration.
RTP will be changed to 99% and I will work on enhancing the design and homepage.
For the legislation I am trying to work it out and I will take actions.

Thank you very much and I will inform you of the new updates in this post.
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February 15, 2021, 11:19:36 PM
 #14

Thank you everyone for trying it and for your feedback.

It is really motivating and I will take every single detail into consideration.
RTP will be changed to 99% and I will work on enhancing the design and homepage.
For the legislation I am trying to work it out and I will take actions.

Thank you very much and I will inform you of the new updates in this post.

It's good that you are open to suggestions, you can start by wearing a copper membership it will show how dedicated you are by getting yourself a copper membership because members will think that what will follow is creating a well-designed announcement thread and promoting your gambling site to your signature space, you have a lot of things to do and you can start by doing that.

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February 15, 2021, 11:39:58 PM
 #15

Can you make the site content viewable to your first-time visitors?

Generally, most visitors want to see the site content first for a quick check and won't bother to register until then.

I like the overall idea and system of your platform and hoping for good progress now that you make it live.
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February 16, 2021, 01:51:07 PM
 #16

Even third party slots like pragmatic offer >98% RTP usually.
Fake news Grin

Can you make the site content viewable to your first-time visitors?

Generally, most visitors want to see the site content first for a quick check and won't bother to register until then.
Yep, tbh the site looks so bad when the very first screen (landing page) is the registration form.

RTP will be changed to 99%
Is it theoretical RTP? Did you test your software before you claim such value?

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February 17, 2021, 01:32:14 PM
 #17

Once again thank you for your feedback everyone.
I am still working on the new update.
For the RTP I called it "guaranteed" because the algorithms, although partly reliable on randomization check to favor outcomes that get the games RTPs to 99%. It is not theoretical, it is "tricked" if you would like to call it, but in a good way. I'm trying to figure out a way to make this 100% transparent for players to see what has been happening without ruining the whole game. For games like Tombola, Slots Community and LUDO it is quiet clear because everything is shown on your screens, for Roulette, Dice and other slots it is still not transparent so I understand your concern about it.

I am currently working on a front page and redesign of the platform. I currently work alone on it that's why it is taking a while.
Please note that I am minimizing the costs in order to not need to earn more than 1% that is why the marketing efforts, the team and the quality are currently modest. I will be happily spending more once I earn some money to spend.

Thank you everyone and I appreciate all the feedback!
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February 18, 2021, 03:49:01 AM
 #18

For the RTP I called it "guaranteed" because the algorithms, although partly reliable on randomization check to favor outcomes that get the games RTPs to 99%. It is not theoretical, it is "tricked" if you would like to call it, but in a good way. I'm trying to figure out a way to make this 100% transparent for players to see what has been happening without ruining the whole game. For games like Tombola, Slots Community and LUDO it is quiet clear because everything is shown on your screens, for Roulette, Dice and other slots it is still not transparent so I understand your concern about it.
There are too many variables that could make "guaranteed" into "I'm sorry, I will fix this bug asap." The easiest thing to check is to play/simulate your own game a billion spins. If you get less than 99% or whatever your given RTP, you have a bug/mistake there.

Displaying the RTP statistic is nice to bring transparency, but the testing must be done beforehand.

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February 18, 2021, 12:24:43 PM
 #19

There are too many variables that could make "guaranteed" into "I'm sorry, I will fix this bug asap." The easiest thing to check is to play/simulate your own game a billion spins. If you get less than 99% or whatever your given RTP, you have a bug/mistake there.

Displaying the RTP statistic is nice to bring transparency, but the testing must be done beforehand.
Indeed, I did a ton of testing that's why I can confidently say it is guaranteed. And for the displaying, the only thing that stops me is the players not playing once it hits 99% and waiting for it to go down so no one would play anymore in some games. The concept is the RTP goes down than up (of course random factors intervene so it won't be a uniform process but it eventually goes back to 99%). Thank you for your remarks and I will be working more on transparency. If you have a suggestion about it, it would really help a lot because I'm finding difficulties to introduce more transparency without ruining the games.
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February 18, 2021, 01:21:04 PM
 #20

I'm glad that you are addressing issues, but can you include two issues about the home page where visitors are redirected to login/sign up page without having any idea, what the site is all about, you should also get a copper membership so you will be able, to create a well-design thread and post images to further promote your project.


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February 18, 2021, 03:03:33 PM
 #21

Indeed, I did a ton of testing that's why I can confidently say it is guaranteed. And for the displaying, the only thing that stops me is the players not playing once it hits 99% and waiting for it to go down so no one would play anymore in some games. The concept is the RTP goes down than up (of course random factors intervene so it won't be a uniform process but it eventually goes back to 99%). Thank you for your remarks and I will be working more on transparency. If you have a suggestion about it, it would really help a lot because I'm finding difficulties to introduce more transparency without ruining the games.
As long as the algorithm is built around independent event "theory" -- previous results won't affect next results, past RTP doesn't affect future RTP, displaying RTP won't matter much I think. It's pure superstition since RTP swings wildly, and don't forget that slots in the hot state produce more than 100% RTP, so 99% isn't a benchmark. You can display weekly, monthly, and all-time RTP. We will expect weekly or even monthly RTP swings wildly depending on the volatility setting, and all-time RTP will be close to 99%.

But if you try to build an algorithm that takes into account previous losses, when the probability of winning increases after a long losing streak, displaying statistics is a bad idea. I heard this kind of slots exist, but I never get to play one.


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February 20, 2021, 10:16:53 AM
 #22

Quote
As long as the algorithm is built around independent event "theory" -- previous results won't affect next results, past RTP doesn't affect future RTP, displaying RTP won't matter much I think. It's pure superstition since RTP swings wildly, and don't forget that slots in the hot state produce more than 100% RTP, so 99% isn't a benchmark. You can display weekly, monthly, and all-time RTP. We will expect weekly or even monthly RTP swings wildly depending on the volatility setting, and all-time RTP will be close to 99%.

But if you try to build an algorithm that takes into account previous losses, when the probability of winning increases after a long losing streak, displaying statistics is a bad idea. I heard this kind of slots exist, but I never get to play one.
The random output is always in a while loop verifying the RTP not exceeding 99%. I invested a sum to make wins possible since the first day. That is why players can win from their first spin for example. I know exactly what I am talking about that is why I keep mentioning the phrase "guaranteed rtp".
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February 20, 2021, 10:16:25 PM
 #23

Before you focus more into developing and fixing some bugs in your website I think you should prioritize first on obtaining a gambling license for your project because when I have visited your website I didn't see any kind of gambling license while navigating your website. A gambling license has a lot of benefit besides you officially making your operations legal it will also make your gambling site more trustworthy thus giving you a big step on gaining more players. Also if you don't want to get in trouble with the law I think that you should make your website unavailable temporarily until you obtain a gambling license as there is that risk that they will shutdown your website permanently. My other suggestions are change your domain to a .com one as well as having a homepage for your website as having a log-in page as your welcome page is something that will lack information for visitors who wants to know more about what you have.
That would be a good choice to start to do but op can't help to implement some restrictions once op obtain a gambling license. I have read a thread where a gambling platform have curacao license but it is not stated on the site about a country that should be restricted to gamble in this site just like the other gambling platform that restricts a country to gamble.

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