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Topic: Dragon's Tale activity... Accepting credit cards?? maybe beta release?? (Read 1218 times)

full member
Activity: 185
Merit: 114
Here's the scoop. We just moved the game to Costa Rica, and now accept credit cards, though the game will continue to be denominated in Bitcoins. IOW, Bitcoin is the preferred way to play because "pure Bitcoin accounts" have no restrictions on in-game gifting, PvP play, instant withdrawals. Also, credit card charges are only available for non-US players, though there's no such restrictions on pure Bitcoin accounts.

When you buy Bitcoins on a credit card, it sets a flag on your account. Once set, you can no longer withdraw Bitcoins, or gift to accounts that can withdraw Bitcoins, and you can't play PvP games against others that can withdraw Bitcoins. IOW, it sort of segregates the game into restricted and unlimited accounts. You can, however, cash out to the same credit card that you bought the Bitcoins on. Trusted long-time players have no such restrictions.

Buying and selling Bitcoins on a credit card involves no fees (to you), no market spread, just an exact spot price, computed as the average of the realtime MtGox bid&ask. Of course *we* pay fees of around 12% round trip including MtGox fees, market spread, credit card fees and the occasional chargeback. When you buy Bitcoins on a credit card, a little indicator appears lower-left showing how far to go until you get a free cashout (typically around 6x playthough, as they say on other gambling sites.) This 12% and the 6x will be adjusted to reflect our actual costs as time goes on. For instance, the more volume we do, the lower fees our credit card gateway charges.

BTW, on Friday we had the single biggest jackpot in Dragon's Tale history, 520 BTC. (A different player once had a better day, around 800 BTC net win, but this was the biggest single jackpot.)

Beta is a couple weeks off - cashing out on credit cards won't work until probably Tuesday or so, and I'm refining some of the level quests to reflect the current higher Bitcoin/$ price, and to include more newly released games. We now have 51 different games, all radically different than bricks & mortar casino games.

legendary
Activity: 1420
Merit: 1010
well now Dragins Tale now accepts credit card payment Smiley so come join the fun!! shake a coconut tree... or try ur luck at tipping a cow... still confused... just come join and look for yourself Smiley

I am not a sales person or employee of DT, just an avid player Smiley come find me i play as a character called Peter, and be sure to give me a few wiffs of ur cigar if u smoke it in game!!
hero member
Activity: 568
Merit: 500
good for'em if they did, but haven't we had enough random "let's make a deal" bets around here for awhile?

ed/ btw I'd bet you pretty much anything that they aren't about to start taking visa/mc. But if I'm wrong, it will be the biggest coup in money laundering since ollie north put his sweaty hand on a bible.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
Since we're just making stuff up... I think dragons finally ate an important part of the server and they're valiantly fighting them back into submission.
legendary
Activity: 1420
Merit: 1010
Been trying to log on Dragons Tale http://www.dragons.tl/ all night, and "the servers are only open for developers..."

I think Di/Teppy was close to having credit card payments sorted on the game!! Cheesy so perhaps its the final finishing touches being put on the code to accept credit card payments!!  But i'm only speculating here....

erm and as this is a post in gambling.... i'll make a 10LTC bet (really wanna bet 1BTC but don't have 1btc atm Sad....) that the reason why DT is down is because the credit card payment is being coded... any takers??  Grin

All donations greatly appreciated:

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LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D
LQC: vbJVpeF82Ezd3Dx8ubWeiFeEguFwPctzJL
I0C: jU8MuSJcw7XmauyddGFSoo5HzEAPgjxfsz
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PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym
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