Is you gamling site profitable? How, if there is none house edge?
it is not my project. I just found it on the web. Check peerbet.org out. It's non-profit as far as i can see .... 
Topic: btc will bring a revolution to online gambling and swallow USD-Gambling at large (Read 893 times)
September 06, 2013, 06:33:41 AM
September 05, 2013, 06:35:13 AM
Is you gamling site profitable? How, if there is none house edge?
September 05, 2013, 05:19:19 AM
The point is:
If you go to online-gambling these days on the www with Euro or Dollar you always have to trust the casino to be honest. With BTC some important things change:
-payout and deposit is instant and probably anonymous (now absolutely not the caser with old-fashion online-casinos)
-the player can check without any doubt which is the casino with the highes payout and if those casinos are honest. On the BTC-Network a casino which is not honest can not survive.
-with peerbet.org we have the first casino (i know of) where there is no house involved. This does only exist in BTC-environment and is unique on the net
so i dont say too much if i state that BTC will probably bring a complete revolution to online gambling and possibly whipe the Euro/USD-Market clean in the coming years.
i expect a huge influx of gamblers from around the world as soon this is understood. Some bloggers should report on it from a gamblers perspective to get things going (please do so if you read this and are a blogger). That will give BTC the next push forward and this is imminently happening - right now.
http://www.coindesk.com/what-will-gambling-do-to-the-bitcoin-block-chain/
as soon gamblers flood in prices rise further ... that's the next big push - it's going to happen.
If you go to online-gambling these days on the www with Euro or Dollar you always have to trust the casino to be honest. With BTC some important things change:
-payout and deposit is instant and probably anonymous (now absolutely not the caser with old-fashion online-casinos)
-the player can check without any doubt which is the casino with the highes payout and if those casinos are honest. On the BTC-Network a casino which is not honest can not survive.
-with peerbet.org we have the first casino (i know of) where there is no house involved. This does only exist in BTC-environment and is unique on the net
so i dont say too much if i state that BTC will probably bring a complete revolution to online gambling and possibly whipe the Euro/USD-Market clean in the coming years.
i expect a huge influx of gamblers from around the world as soon this is understood. Some bloggers should report on it from a gamblers perspective to get things going (please do so if you read this and are a blogger). That will give BTC the next push forward and this is imminently happening - right now.
http://www.coindesk.com/what-will-gambling-do-to-the-bitcoin-block-chain/
Quote
SatoshiDice made ฿33,310 ($4.29m) from May-Dec 2012. That’s not inconsiderable.
But as the market leader in bitcoin betting, SatoshiDice is a big fish in a relatively obscure pond. In 2012, the worldwide online gambling market across all currencies was worth $35.8bn. Clearly, there’s a lot left to play for.
But as the market leader in bitcoin betting, SatoshiDice is a big fish in a relatively obscure pond. In 2012, the worldwide online gambling market across all currencies was worth $35.8bn. Clearly, there’s a lot left to play for.
as soon gamblers flood in prices rise further ... that's the next big push - it's going to happen.
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