Topic: [ANN] New Premium Online Bitcoin Casino (Read 2422 times)

Hi mc_lovin

Thank you for reviewing the big game ticker and finding a miss leading issue with it that we will correct immediately!

The way this ticker is prepared are as followed. First a script that runs inside the gaming database generate the top 20 withdrawals over a 30 days period and return the game name the value and the player IP address. This data is then taken and put manually inside the website ticker as the IP need to be transposed to a location as we don't collect any user information except for an email address and the Bitcoin depositing address that is used to pay back the winnings.

Now the problem you pointed out arises while the casino use casino credits in the database instead of Bitcoins to make it more fun to play (1 BTC = 10 Casino Credits). The value in the ticker are not Bitcoins but Casino Credits thus need to be divided by 10 to reflect the correct amount.

I hope this clarify the discrepancy for you and others.

This was not intentional and I like to apologize for it!

On a side note we have been operating the casino since 2 months but only announced it here once we were sure all was working as expected. We are quite happy with the current response from customers (mostly not from the Bitcoin community). We are currently working on "how to" movies to explain how to buy Bitcoins at preferred exchangers and how to use their web wallets to transfer Bitcoins back and for to their player account.

As a thank you for your time and work I would like to offer you 20 casino credits just PM me your account info (you don't need to play you can cash it out immediately if you prefer).

My #1 concern, among with a blog article about your site which I will choose not to post here because I can't confirm it's accuracy, is this:

There is an animation on the front page that shows the top winnings of the games.

Currently it says this:

MORE THAN 100 CASINO GAMES

Biggest win this month:
3D ROULETTE BTC 78,00 Australia

25 LINES ACES & FACES BTC 150,00 Austria

HAPPY BUGS BTC 96,00 Colombia

GLADIATOR BTC 226.00 Argentina

ELEKTRA BTC 191.00 Italy

SANTA SURPRISE BTC 271,00 Germany

FRANKIE DETTORI BTC 235,00 Italy

BONUS BEARS BTC 185.00 United Kingdom

BLACKJACK BTC 120,00 USA

DOLPHIN REEF BTC 275.00 France

Gladiator BTC 140.00 Germany

AZTECA BTC 95,00 South Africa

THE INCREDIBLE HULK BTC 175.00 Russia

IRON MAN BTC 182.00 Norway

X-MEN BTC 169.80 Egypt

DESERT TREASURE BTC 99.00 Brazil

PENGUIN VACATION BTC 55.00 Colombia

FROM RUSSIA BTC 95.00 Netherlands

That took me awhile to grab off the site, but let's look at the data.  The "top" winner of those games (remember, there are over 100 games and this is just 20 of those games) is 2837.80 BTC.  At $4 a coin that's $11,351.20, not bad for a web site that is only a WEEK OLD.  And that's not even the losers or the not-so-biggest winners on each game, which I estimate to be another billion btc of revenue. Let's say hypothetically someone in Egypt won 169.80 playing X-Men, that bitcoin transaction would show up in the blockexplorer, right?  Show us.  Why are some of the reported biggest winners reported with a comma between the decimal place?  Why is Gladiator listed twice, when there is only 1 Gladiator game in the interface.  I feel like I've wasted enough time trying to prove my point.  Defend yourself.

Just a quick note to let you know that all is back to normal sign-up, deposits and withdrawals are all operating as expected. The gaming part was never affected by this incident.

Again sorry for any inconveniences.

Sorry, I prefer my financial websites to look like their targeted audience is older than 12 year olds.

Short update on current situation; the website is back online but currently deposit and new signup are disabled. Gaming servers are running normally.

Will update once deposits and signup are back online.

 Again sorry for the trouble some components could not handle the peak load at some times.

Just to let you know that the website is down but the gaming server is still running so players with current accounts can still play the flash version and download version.

I will let you know when service resume.

Sorry for any inconveniences caused.

I totally agree with you, online gambling law is complex and different for each countries. Most important so is to comply with the law where your server are hosted, this will save you lot of troubles.

Opening a gambling company in Australia is out of our scope. But as Australia is part of the WTO cross border internet services are granted.

As stated in our T&C (see bellow) each player is responsible as a grown up person to decide for himself if we wants to play or not based on his country of origin and the legality of online gambling. We are not the police and like to offer each grown up person the possibility to enjoy online gambling for it's own private entertainment.  

3 LEGAL REQUIREMENTS
3.1 You can only use the Online Casino and/or the Website if you are the legal age as determined by the law of the country where you live.
3.2 You cannot use the Online Casino and/or the Website if you are under 18 years of age in any circumstances.
3.3 Some legal jurisdictions have not addressed the legality of online gambling and others have specifically made online gambling illegal. We do not intend that anyone should use the Online Casino and/or the Website where such use is illegal. The availability of the Online Casino and/or the Website does not construe an offer or invitation by us to use the Online Casino in any country in which such use is illegal. Use of the Online Casino is void wherever prohibited by any applicable law. You accept sole responsibility for determining whether your use of the Online Casino is legal in the country where you live.  

yeas indeed, thank you for your prompt answer 

Dear paraipan

Thank you for your kind words.

Regarding the needed resources to play the casino the PC download version should be less resource intensive than the Flash version.

Chrome and IE seems to use less resources than Firefox assuming you are using the latest version of the browsers and the last flash add-on version. We unfortunately won't be able to propose alternative skins for the game client. When testing we have found that directly starting the flash client through: http://gaming.bc-casino.com/ will save additional resources.

About the RNG used.
The random number generator in use was successfully certified by an independent third party. The evaluation was performed with the aim of identifying and detailing system weakness and potential issues of non-compliance with online casino software requirements. It was verified through mathematical and statistical analysis that the software distribute numbers with fair distribution.

Each games was tested independently with Degrees Of Freedoms (DOFs) if it says something to you, I would not understand what it means.

Example:
Video poker, Jack & Better, DOFs = 51
Table game, European Roulette, DOFs = 36
Slots, azteca, DOFs = 1,7,51,127
...

this was done for each games.

I hope to have answered all your questions

I believe you'd be in violation of Australian law if you let Australians gamble on your site. (the people doing the gambling aren't the ones violating it, the provider is, even if not within Australia)
They might have no way of enforcing it - but perhaps interesting to note if your company ever intends to open some other business here.

The point is - laws about online gambling are weird, and differently weird in different jurisdictions, and even working out whose jurisdiction applies can be weird.

I'm ok to being in the newbie section as we obviously are new and new user have clearly also very valuable comments. We are here for the long run and do not need to impose our business to any one. We have time to explain and to improve. Bitcoin is still new to many and it takes time to make a better world.

We already received multiple PMs with possible improvements and are in talk with Bitcoin Exchanges to make it more straightforward for players to acquire and deposit Bitcoins. The process is still scary for most or too complex and they need help with it. See our other thread here: https://bitcointalksearch.org/topic/looking-to-partner-with-exchangers-for-mutual-benefit-54594

Thanks

Dear Coinabul

Thank you for the good luck wishes we appreciate it!

Regarding the legality and as 556j correctly mentioned. An online casino operating within USA (server hosted in USA) would need a state license while when you are hosted and operate from abroad (which we are) this requirement is obviously no more binding. See also in your posted wiki the WTO ruling in favor to Antigua and offshore gambling operators.

UIGEA is clearly binding only for money processors (banks, e-wallets....) from fiat currencies thus again not binding for us as Bitcoin is not money and is not processed by third parties but directly from a players wallet.

It might sounds like grey area to some but to us it's clearly white at least until Bitcoins are define as being a currency by the federal reserve!

I would assume that means if you want to operate/host in their state and another assumption that this guy/his servers aren't in the USA. Not a lawyer though, obviously.

Legal you say?
*cough cough* UIGEA 2006 *cough cough*
Best of luck though!
http://en.wikipedia.org/wiki/Unlawful_Internet_Gambling_Enforcement_Act_of_2006
Specifically: "Additionally, in order for an online gaming company to start, a license from the state is required. No states currently give out online gambling licenses."

i like your casino but have a few issues though...

can you give the user an option to change into a neutral theme ? the one you have enabled uses lots of resources

can you post some references on the random number generator your casino is using ?

Perhaps you should wait until you exit the Newbie forum before posting. As is, you'll likely only receive traffic from unestablished users, but best of luck to ye'.

dear jutz

thank you for bringing up the legality of this operation.

We have clearly made profound legal research before setting this up. Our lawyers and myself strongly believe that accepting and playing with Bitcoin does not infringe the UIGEA "The Unlawful Internet Gambling Enforcement Act of 2006" as we do not act as a processor or financial institute.

To sum up our position and based on current US legislation: There is no U.S. federal law against gambling online!

Further for others maybe of interest:

• Some states might have laws against online gambling, but even there prosecution against players is rare.
• It's against federal law for websites to take sports bets over the Internet.
• It's against federal law for banks to handle online gambling transactions
• Taking ads for online gambling isn't specifically illegal, and it would be quite a stretch to make a case under a different statute (like racketeering or conspiracy).

Very good summery over legal gambling in the US: http://vegasclick.com/online/legal.html

Our position is also shared by most gaming operators from this forum which reassured us about our legal standing.

Freedom of speech freedom of play thanks to Bitcoin

Perhaps being on the radar for illegal gambling (in some jurisdictions only - and it's a grey area anyway), and acting as a cryptocurrency 'mixing' service  just isn't exciting enough.. they also need a bit of heat from IP lawyers to really feel alive.

hi libertytrader

the casino software has multiple branded marvel heroes slots. you can sign up with just an email address and you will receive a play for fun account that you can use to discover them.

check them out if you are a marvel fan!

be sure to check your spam folder for your account details as some new players reported the account confirmation email we send to land in the spam folder.

good luck!

whats with all the marvel stuff?