on-chain casinos phenomenon

[Swordsoffreedom]

I have been unable to understand the meaning of the on-chain because all the ones that I have seen before that are not usual crypto casinos are using webconnect or the casino connect directly to the self-hosted wallet of the gamblers but after deposit has been made, it is nothing more than the other crypto casinos. Some of the casinos also accept deposit just like other casinos and some even accept fiat deposit.

Yes, I think this is where the most confusion about the term on-chain casino comes from.

To me, the meaningful test of being on-chain is, where the bet is being executed & outcome is being determined? where the randomness is coming from? who is authorizing the payout? who is in control of the player’s deposited funds?

If smart contract accepts bet, enforces the outcome of the bet, and allows to withdraw without anyone's permission, I mean casino employee's permission then it is true that the blockchain is changing the trust model. However, there are some hybrid versions of these models where some of the casino's operations occur off chain, and the team retains admin/upgrade or oracle control. That is precisely the Web2.5 problem that I was referring to.

[Nrcewker]

As suggested by other members, yes start by giving a brief introduction to the types of games users can play. Then categorise the casinos/sites based on those game types. I think many people will be more interested in PvP games, so try to cover as many casino games as you can in this category.

Moreover if you want to generate some extra income, you can reach out to casinos to offer advertising slots on your site. While displaying these advertisements, explicitly mention that the casino is sponsored and is being featured on your site.

I think if you work on these suggestions then your review site will become more valuable to gamblers.

[Oshosondy]

Moreover if you want to generate some extra income, you can reach out to casinos to offer advertising slots on your site. While displaying these advertisements, explicitly mention that the casino is sponsored and is being featured on your site.

I think if you work on these suggestions then your review site will become more valuable to gamblers.

Yes that will make him earn extra profit but he need to put in mind that the more traffic he has on the website, the more will be his pay. If he is not having enough traffic, the gambling sites can use a site to easily know the number of visitors his website is having monthly. If the visitors are not much, the gambling site may decline the offer. So he should get higher number of traffic first on the website.

[lombok]

As suggested by other members, yes start by giving a brief introduction to the types of games users can play. Then categorise the casinos/sites based on those game types. I think many people will be more interested in PvP games, so try to cover as many casino games as you can in this category.

Moreover if you want to generate some extra income, you can reach out to casinos to offer advertising slots on your site. While displaying these advertisements, explicitly mention that the casino is sponsored and is being featured on your site.

I think if you work on these suggestions then your review site will become more valuable to gamblers.

The classification of the betting service in its promotion at the earliest stage will go a long way to help the visitors locate the information. The category of competitive players is currently in demand and should be revised more. In addition, the promotional space offers, organized by sponsors, may also be a substantial source of daily revenues to managers. Labeling advert is obligatory to ensure there is some clarity as to the status of the content.

Any positive comment on how this information should be organized could be priceless in the further evolution of the review site. Authenticity in presenting paid content will ensure that the readers will feel honored and safeguarded against scam. This will clearly boost the reputation of the review site thus becoming more credible.

[Emjay24]

You said your review platform is  unbiased and reputable, right? but how do you actually establish that a crypto casino review is unbiased? How does your methodology prevent conflict of interest when it comes to giving a casino 9/10 or recommended, particularly if there's an affiliate commission?

This is an interesting question. Going through the op review sites which are on his page, https://cryptocasinoinsiders.com/, I can see a whole lot of casinos which are active on this forum listed there, but how did the op come about the rating? Did they test the casinos themselves to get a first-hand experience, or is their review and rating based on other players' input, as I can’t find an option for guests to submit or question any review on their platform?

This is an interesting point, another is how they come up with that calculation, which formulas were used to arrive at such individual ratings as seen in the details section of each casino, which was averaged to have the summary rating. I also noticed that some casinos don't have a full explanation of the review like Rollbit had there, so we don't yet know the yardsticks of their evaluation, so I will treat it as speculative results.

OP You can start by making things clearer on your site about your methodologies, then hopefully you get on to properly review every casino on this forum to make it more engaging for forum users. I couldn't come to terms with not seeing a casino as big as Rainbet reviewed on your site .

There's a lot need for upgrades on your site and transparency of grading methods, so get back to work.

[AgriTrack]

I think it is very strange, or rather: controversial... for a centralized website to review PvP casinos.
I think the best way to review these sites is by allowing the users themselves to leave their reviews, while the website simply manages the platform and has the mission of ensuring that the reviews are truly organic and genuine.

It's not easy or even possible to keep everything decentralized, especially the review system, and then be able to ensure that the reviews are organic and genuine, because that can only be possible if the platform is centralized, requires some sort of verification from every user before they can leave a review about a platform, and then it can be easier to maintain a higher rate of genuine or organic reviews. We can look at TrustPilot as an example for this, because you can't really trust the reviews and ratings provided by TrustPilot because they are easily manipulable.

I also agree with someone who said in this thread that there are barely any on-chain on decentralized casino platforms available right now, at least I have not seen any. I remember some of them being announced on this forum in the past, but I don't see them being active. I think regulators mostly don't let on-chain casinos to thrive, because it will allow people to avoid getting taxed based on their gains through gambling. Also, on-chain casinos will have their limitations, people can't play slots or many other games.

[cryptoaddictchie]

I run on of the most reputable and unbiased crypto casino review websites and I wanted to reach out to this community to for topics, mysteries, questions you have in terms of "On-chain Casinos", "GambleFi" and "PvP Casino Games"

Its quite few actually those gamblefi or any casinos that run on a web3 decentralized manner. Most of reputable casino sites are centralized and rarely to find some that are non custodial wallet based platform. Theres a mix actually, but I wont trust a review from a centralized review sites cause chances are those are nitpick or made up feedbacks.

Better for some own experience from gamblefi peeps. Maybe find on reddit a sub topic about this?

[suzanne5223]

I run on of the most reputable and unbiased crypto casino review websites and I wanted to reach out to this community to for topics, mysteries, questions you have in terms of "On-chain Casinos", "GambleFi" and "PvP Casino Games". Also you can suggest to review any casino - We are here to write for the community!

I  believe what every gambler wants never changes, which is transparent is the house edge ^{(and RTP for every game)}, games truly provably fair, real on-chain volume ^{(and liquidity, not just marketing info)}, no hidden fees, fair or no bonus wagering requirements, instant withdrawal, and a clear KYC policy ^{(if there's KYC)}. But the information provided by some gambling platform review websites makes it hard for most gamblers to trust the reviews done by crypto casino review websites because some are paid reviews.

[Nathrixxx]

I run on of the most reputable and unbiased crypto casino review websites and I wanted to reach out to this community to for topics, mysteries, questions you have in terms of "On-chain Casinos", "GambleFi" and "PvP Casino Games". Also you can suggest to review any casino - We are here to write for the community!

I  believe what every gambler wants never changes, which is transparent is the house edge ^{(and RTP for every game)}, games truly provably fair, real on-chain volume ^{(and liquidity, not just marketing info)}, no hidden fees, fair or no bonus wagering requirements, instant withdrawal, and a clear KYC policy ^{(if there's KYC)}. But the information provided by some gambling platform review websites makes it hard for most gamblers to trust the reviews done by crypto casino review websites because some are paid reviews.

You're right, things are not the same way they used to be in the past, and this is why so many gamblers today find it more difficult to trust on the new platforms coming up, because this is what most gamblers want, in a situation whereby they could find reliability with the use of a particular gambling platform they have decided to use, I know that they will get opposite impression from what they so online about any casino .

[Hispo]

...

Better for some own experience from gamblefi peeps. Maybe find on reddit a sub topic about this?

Last time I checked the gambling subreddit, they were more into normal and centralized casinos and not paying much attention to "decentralized" gambling services. Actually, they have a sticky thread on their sub-reddit warning people not to join crypto casinos at all, as they are generally regarded as scams by many people there.

I don't think he would need to join that community in order to get information about Web3 gambling , there may be more information on the cryptocurrency subreddit. Much more people there who may have experiences with such ecosystem.

[CryptoBuds]

I run on of the most reputable and unbiased crypto casino review websites and I wanted to reach out to this community to for topics, mysteries, questions you have in terms of "On-chain Casinos", "GambleFi" and "PvP Casino Games". Also you can suggest to review any casino - We are here to write for the community!

My personal guess is that prediction market is now growing faster than actual casino.

I think so because last year I saw its monthly volume around 5 billion. And this year it has reached almost 50 billion dollar.

I want to know from you, does your review platform plan to cover prediction market as separate categories in addition to PvP casino game and on-chain casino? Or are you still putting them under the casino umbrella?

[cryptoaddictchie]

Last time I checked the gambling subreddit, they were more into normal and centralized casinos and not paying much attention to "decentralized" gambling services. Actually, they have a sticky thread on their sub-reddit warning people not to join crypto casinos at all, as they are generally regarded as scams by many people there.

I don't think he would need to join that community in order to get information about Web3 gambling , there may be more information on the cryptocurrency subreddit. Much more people there who may have experiences with such ecosystem.

I see honestly the inquiry of OP is quite rare as Im also aware that most gambling site are centralized and pretty rare to have a decentralize gamblefi but since I used metamask for metawin site this is an example however its a mixture of centralized and non custodial approach.

Ive also checked on X since Im more active there and didnt see a good one that seems reputable enough to discuss with if theres a legit one Id say below 5 or close to none.

[Karl_3000]

I see honestly the inquiry of OP is quite rare as Im also aware that most gambling site are centralized and pretty rare to have a decentralize gamblefi but since I used metamask for metawin site this is an example however its a mixture of centralized and non custodial approach.

I know the gambling site called Metawin through an advertisement before and I have used it to gamble. Metawin is not decentralized at all, it is totally centralized but it has a way you can make use of the web3 by connecting your self-custody wallet to Metawin and use it to fund your account. But everything that is happening on the casino site is centralized just like the traditional online gambling sites because after you deposited into your Metawin account, Metawin has the complete control of your coins. You can also deposit through crypto address and fiat on Metawin.

[fruktik]

Any positive comment on how this information should be organized could be priceless in the further evolution of the review site. Authenticity in presenting paid content will ensure that the readers will feel honored and safeguarded against scam. This will clearly boost the reputation of the review site thus becoming more credible.

Have you considered the idea that comments can be bought, just like casino reviews? It's quite common these days. Personally, I can't trust anything 100% anymore. Therefore, reviews and comments aren't the primary basis for my decisions. Only personal experience can help me draw the right conclusions. I always evaluate everything myself to understand how things work and whether it's worth getting involved.

[Cryptohygenic]

I run on of the most reputable and unbiased crypto casino review websites

Since you invited for topic, mysteries and questions from our community then I will ask a negligibly tough question. Please, dont take it too much personally. You said your review platform is unbiased and reputable, right? but how do you actually establish that a crypto casino review is unbiased?

This question should have someone in position of the Op hold by the balls because you can not defend the claim that the crypto casino you are serving is unbiased on their reviews.
Of course it ia possible for a casino to be reputable but claiming the reviews are unbiased is a big lapses of the promoters because it neither not you or the companies that writes the reviews but the community users.
So definitely everyone writing reviews on the site is based on their personal experiences and how it pleased them at their ends but you can not justify it if it is unbiased or not. Except you hired the reviewers to write on the site then you as a promoter concludes it is unbiased. This unbiased stuff should had been a public figure and not from the insider else, it is believe that you are only promoting the casino.

[danherbias07]

It's been two days and no answer from OP. There are a lot of queries, and I see that many forum members are intrigued by what he posted.

I have not really experienced any of what he said, especially the PVP casino. It will be difficult to get an answer from any forum member if you just post a raw topic. I think you should really add some details, and since you are a review website, I bet you have more knowledge about it.
Google can answer the questions, but all of them are also raw. A better explanation will still depend on the one who has experienced these kinds of gambling methods.

[davis196]

I run on of the most reputable and unbiased crypto casino review websites and I wanted to reach out to this community to for topics, mysteries, questions you have in terms of "On-chain Casinos", "GambleFi" and "PvP Casino Games". Also you can suggest to review any casino - We are here to write for the community!

What exactly do you mean by "on-chain casinos" and "gambleFi"? This sounds more like buzzwords, that can be related to scam projects, not actual crypto casinos. Can you give us examples of on-chain casinos and gambleFi? I don't know anything about such on-chain casinos, but I do remember, that there was a discussion about several attempts for creating truly decentralized casinos, by using smarts contracts and Decentralized Apps. Such on-chain/smart contract gambling games were created years ago, but they were too slow and didn't have the capacity to handle a big amount of active players at a given time frame. This is what I can recall from those discussions.

[Agbe]

I run on of the most reputable and unbiased crypto casino review websites and I wanted to reach out to this community to for topics, mysteries, questions you have in terms of "On-chain Casinos", "GambleFi" and "PvP Casino Games". Also you can suggest to review any casino - We are here to write for the community!

First of all you would have dropped the so called review website for the forum users to crosscheck the website activities plus the reviews so far. As for the on-chain casinos, I have only heard of one recently when they came to the forum to create their announcement thread it I have not heard much about them again. On-chain casinos if things are unbiased, it will run well but how casinos are going to do it because if a player violated and casino lock the gambler's account, it will not affect his funds so casinos shall think twice before implementing it.

[Zadicar]

I run on of the most reputable and unbiased crypto casino review websites and I wanted to reach out to this community to for topics, mysteries, questions you have in terms of "On-chain Casinos", "GambleFi" and "PvP Casino Games". Also you can suggest to review any casino - We are here to write for the community!

First of all you would have dropped the so called review website for the forum users to crosscheck the website activities plus the reviews so far. As for the on-chain casinos, I have only heard of one recently when they came to the forum to create their announcement thread it I have not heard much about them again. On-chain casinos if things are unbiased, it will run well but how casinos are going to do it because if a player violated and casino lock the gambler's account, it will not affect his funds so casinos shall think twice before implementing it.

I would like to say the same thing on which why not giving out the site name or review site url for us to check or simply the site isnt that done yet and already asking for crypto casinos to be checked out?
If the site is already done then it would be best that providing everything on OP and the community will really be suggesting on which site to be that reviewed but talking about those on-chain casinos then we do know that this isnt something rampant here on the market and would rather that those traditional casinos that we do have here on crypto space which are running. Yes, it did really make some noise but it didnt last up that much, there might be that ones existing but noting compared into those current existing ones we do have.

[Porfirii]

-snip-

PvP casinos are not as popular as traditional casinos which I know, but I would like to know about their revenue generating model and how it can be a sustainable as business?

I would like to rescue Findingnemo's question, since although it was the first reply to the OP no one has spoken about it. We have sometimes talked in passing about this topic, and whether the game is carried out between the players themselves, where the casino would come in or how it includes its edge? I would be interested in knowing the different options or modalities that exist today, and that I personally do not know.