What is the MAIN difference to other casinos like FUN. I like FUN especially, because they are totally transparent regarding their games ... the game mechanics are open source etc. I am just wondering what Providence brings to the table ... what advantages?
Hi mate! So since you mention the FUN casino, I’d like to start from there. We are aware of all our competitors in the market
1) They use 3rd party game provider called (Softswiss) they are based in Switzerland and provide flash games. Although they say they are provably fair it's not possible to find a game hash or seed anywhere when you play games except the slots machines but we may be wrong. My technical lead Ivan said that there are also proofs on internet that they don't actually implement it at all, so for the players to decide.
2) They accept only Bitcoin because softswiss supports only bitcoin and they depend on their deposit processing. We have bitcoin, litecoin, eth and Pve tokens with bitcoin and litecoin allowed to be deposited with 0 confirmation. (lightning network)
On the other hand, we at Providence are covering both worlds,
PHYSICAL and online. In regards to our online casino having these benefits
The Providence Online Casino will have latest implementations regarding technical background and performance. The key aspects that will rolled in our initial launch of the platform will include:
0 confirmations required on deposits
All games implemented using Provably Fair system
Multi-currency (BTC, LTC, ETH, PVE)
3 games available in the start (Blackjack, Dice, Roulette)
On top of that, we intend to connect the physical and online casino. On that note, one major milestone that awaits Providence after the roll-out of the casino and hotel is a unique approach to games that will surely differentiate us from other online casinos on the market. We will be introducing a set of custom games that will be tied to the actual physical location and venue of the physical casino. A first concept of the game that is in research & development will be simple “binary betting” on actual player performance in the physical casino. Imagine that, at any moment in time you will be able to see players that are participating in the live games and bet on certain people with certain outcomes. You are not participating in the games itself but betting on your favourite “hot-streaker” and high rollers.
Example 1.
A person enters a table or a game with a certain amount of chips. You can place a binary bet if this person will win or lose in the next round or dealing of that particular game.
Several other concepts that are still in idea & feasibility stage include staking the house edge and increasing the odds for your gamers or margin betting (borrowing your bankroll to players) to increase winnings for both players. In addition, we will also engage our community and token holders to submit proposals and ideas how we can expand our gaming palette and offering. All implementations and milestones will be outlined in the roadmap section and further technical details in the technical approach section.
And... maybe even a VR representation of that. But it is still in disscusion and idea phase. Step by step!