Topic: CryptoFlip | Peer-to-Peer Gambling | 50/50 Odds, 1% Rake | Coin Flipping Fun! - page 2. (Read 4687 times)

Given the p2p nature of this coinflip site, one does not even need to prove if it is fair or not. The outcome of the dice rolls only affect the players, not the house (which gets a fixed profit of 1% for each roll). I'm definitely gonna play once this is launched.

AKA:
FAIREST COINFLIP EVARS!!!

SHUT UP AND TAKE MY (nonexistent) BTCs

bump for interest.

Wow this is really cool, I like how it's not a 'house edge' just 1% take, this makes it so the site doesn't care if you win or lose they get paid regardless.  This would be a good site to keep 'doubling your bet until you win' kind of thing.

Will you have an affiliate program?

IMPORTANT UPDATE
During our run of stress tests, we've discovered a couple performance wrinkles that we would prefer to smooth
out before launching. We have pushed back our launch date to Friday, May 2nd to ensure enough time to correct
the issues, and perform another run of stress testing. In addition, we are tightening up our strategy to provide you
with the ultimate gaming experience. Updates are listed below. As well, it has been brought to our attention that a
house edge and a rake are in fact the same - we appreciate the users pointing this out and have updated our description of the site.



-What is CryptoFlip?
CryptoFlip is a peer-to-peer Bitcoin and Altcoin game site based on the classic notion of a coin toss.
1 vs. 1, human-to-human fun, with true 50/50 odds and a 1% rake!

Included site features:

• Chat box to connect with other players and CF community
• Statistics and Graphs to determine success rate of you and your opponent (per game, and total history)
• Wide array of Altcoins to choose from, with the potential for many more coins in the future
• Invite-only games (perhaps you want to challenge a friend?)

-How does it work? Where does the house profit?
At CryptoFlip, we take a 1% rake from the winnings of each bet. For us, this is our form of revenue to maintain
the site and to support our developers, with the exception of every Friday (information below). As you can imagine,
1% is a minor amount from a players perspective, and a fair amount from the developers eye, and we believe this should
leave both parties happy at the end of the day.

Example:
If you bet BTC0.1 against a player, and you win, you would be returned BTC0.199, total profit being BTC0.099
The remaining BTC0.001 goes to house.


-Do you accept Bitcoin only?
Absolutely not! One of our major goals is to diversify the online gaming industry. We accept BTC, LTC and a good selection of popular altcoins,
with the potential for many more to be added in the future..


-Provably Fair?
Yes, CryptoFlip is provably fair - this means that based on the client seed you provide and the server hash we return, you can be sure that the
final result is not tampered with. The math will be on site and open to view for anyone interested in the fairness of CryptoFlip.


-Other interesting features
In the creation of CryptoFlip, we have used HTML5 sockets, which means new games and accepted bets are updated in realtime!
Because of this we also have a very low server load and little bandwidth usage. (Only when required will data be transferred)
Due to the light-weight framework, CryptoFlip is extremely fast and sure to be responsive during the most important of times.
Our many security measures makes sure your coins are safe while playing on CryptoFlip, which means no mysterious coin disappearances!


**Update 1**
We are Happy to introduce Free Play Fridays! At CryptoFlip we've decided to provide ZERO rake every single Friday. This means
that you are playing with true 50/50 odds and full 2x profits. No strings attached!

And for those interested in the aesthetic of our site, please see the screenshot below:

https://i.imgur.com/ocbkj2z.png

Happy Flipping!

-CF Team