⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️ - page 162.

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: Gustavv on July 04, 2017, 07:54:23 PM

Amazing that the price of edgeless to the moon now
Big order at 0.00027 btc at bittrex, i wish the price will go go up more and more

Yes 1$ is near,edg will develop his own technology to solve problems related to etherum network and strategic partners edg has chances to be top casino of the world

Gustavv

hero member

Activity: 672

Merit: 500

Amazing that the price of edgeless to the moon now
Big order at 0.00027 btc at bittrex, i wish the price will go go up more and more

SpacemanOne

full member

Activity: 336

Merit: 101

icowidgets.com

If FunFair deliver their product (they have a working beta now) none of the existing Ethereum-based casino projects will be able to compete with them.
Edgeless is expected to be slower and to have higher fees.
Edgeless doesn't offer any Slots games. While everybody in the industry knows that Casinos Make More Money on Slots Than Any Other Game

scarface-T

full member

Activity: 211

Merit: 100

i'll buy edgeless until casino is done and then lend my edg to profit. i believe edg team and korean friends

bdivrik

sr. member

Activity: 812

Merit: 262

Quote from: SweetHodler on July 04, 2017, 12:39:02 PM

can I ask, how is it possible that a casino has 0% edge? What does that mean excatly? In games of black jack or roulette odds are set to be in favor of the house as default. Can somebody please explain this to me?
It would make sense to me if for example edgeless would have poker, where it actually varies from site to site the amount of rake(house edge) you have to pay.

please read OP !!

Quote

How Edgeless Casino Can Be Profitable Business with 0% edge?

Casino profits and 0% (0.83% in practise) house edge concept.

There are several ways how Edgeless Casino can be profitable. Edgeless Casino provides games which depend on LUCK+SKILL and Sports Betting.

The first two games provided will be Blackjack and Video Poker. Both games are played with a combination of LUCK and SKILL. That means players make choices and either play well or poorly. To give an example of such a situation:

Blackjack:
House has a 6 card.
The player has 16.
The player wants to collect at least 17 and hits for one more card. - BAD MISTAKE.
The player just made a huge error, because, 12+ against 6 ALWAYS STAYS. (according to Blackjack basic strategy)

An average player does not play ‘the perfect game’ therefore, in the long run the casino makes a profit from his mistakes.

An analogy can be taken from poker. A new player is playing against a Pro. Both have equal probability conditions - 50% vs. 50%. However, the Pro player makes better choices and the new player makes bad decisions, and in the long run, the Pro wins.

SweetHodler

member

Activity: 178

Merit: 10

can I ask, how is it possible that a casino has 0% edge? What does that mean excatly? In games of black jack or roulette odds are set to be in favor of the house as default. Can somebody please explain this to me?
It would make sense to me if for example edgeless would have poker, where it actually varies from site to site the amount of rake(house edge) you have to pay.

entr

sr. member

Activity: 602

Merit: 277

Quote from: rgornik on July 04, 2017, 04:02:23 AM

Quote from: entr on June 29, 2017, 04:58:33 AM

Edgeless casino idea is excellent but it's value is not supported by the coin. Who wants to invest million dollars to get a ticket for a lottery which is only %40 of the profit of barely known casino. There is no doubt price will rise. After the release , there will be great dump. Do not be fascinated by hype.

How about rise in last few days, ha?

Nothing unexpected.

Pab

legendary

Activity: 1862

Merit: 1012

EDG is now traded on ShapeShift exchange https://twitter.com/edgelessproject/status/882116774073843714

and edg update read it is worth to https://medium.com/@tomasdraksas/dev-update-4-key-milestones-and-launch-308649a2944d

Thanks devs looks like edg future is bright

rgornik

sr. member

Activity: 532

Merit: 253

Quote from: entr on June 29, 2017, 04:58:33 AM

Edgeless casino idea is excellent but it's value is not supported by the coin. Who wants to invest million dollars to get a ticket for a lottery which is only %40 of the profit of barely known casino. There is no doubt price will rise. After the release , there will be great dump. Do not be fascinated by hype.

How about rise in last few days, ha?

Buerra

legendary

Activity: 980

Merit: 1000

how is the license is going on? Is there any update? around 10 days ago they said they just need license before go on live. Hopefully this week we will see full versions. Team was always on schedule so I don't think they will miss this milestone

bm303

newbie

Activity: 11

Merit: 0

Blackjack needs some graphic design work. Hopefully it looks cleaner before release. Get the graphics smooth, platform stable, and market and this coin will be the best long term investment in crypto for the next 3 years.

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: jiangsuren on July 03, 2017, 05:36:55 PM

Quote from: stromae on July 03, 2017, 05:23:54 PM

Quote from: cleverhope on July 03, 2017, 10:46:25 AM

Hi guys. any thought about listining to Polo or Kraken? EDG is really solid project, so it needs more volume!

Hello. I don't really think that edg can be ever listed on poloniex because poloniex is very taft against casino-based projects. Here edg is a pure casino project and this makes the poloniex possibility very low. For the Kraken, it would be great for edgeless community.

nothing is impossible , if edgeless have the strong community and the high trade vol. i think poloniex is no reason to refuse a good token. Wink

The volume is not quite big yet and the development is not fully done, maybe after such development and we will see a big
buying power of EDG token then poloniex might think of adding edgeless. We never know at least we have a very hardworking devs.

jiangsuren

sr. member

Activity: 322

Merit: 250

Quote from: stromae on July 03, 2017, 05:23:54 PM

Quote from: cleverhope on July 03, 2017, 10:46:25 AM

Hi guys. any thought about listining to Polo or Kraken? EDG is really solid project, so it needs more volume!

Hello. I don't really think that edg can be ever listed on poloniex because poloniex is very taft against casino-based projects. Here edg is a pure casino project and this makes the poloniex possibility very low. For the Kraken, it would be great for edgeless community.

nothing is impossible , if edgeless have the strong community and the high trade vol. i think poloniex is no reason to refuse a good token. Wink

stromae

full member

Activity: 309

Merit: 100

Quote from: cleverhope on July 03, 2017, 10:46:25 AM

Hi guys. any thought about listining to Polo or Kraken? EDG is really solid project, so it needs more volume!

Hello. I don't really think that edg can be ever listed on poloniex because poloniex is very taft against casino-based projects. Here edg is a pure casino project and this makes the poloniex possibility very low. For the Kraken, it would be great for edgeless community.

LuckyRoyston

newbie

Activity: 12

Merit: 0

Quote from: profitgenerator212 on July 03, 2017, 04:40:10 PM

Quote from: LuckyRoyston on July 03, 2017, 04:38:37 PM

Quote from: KuromaYoichi on July 03, 2017, 03:52:27 PM

Quote from: Metros on July 03, 2017, 12:28:33 PM

Quote from: voteformeg on July 03, 2017, 12:22:19 PM

edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out

To take part at the lounge lottery? no idea what is that..

And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?

On Etheroll for example you get dividents from the gambling game.

If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.

This is what i understand from the whitepaper.
The profits of edg wil go for 40% to the lottery, and it wil be evenly distributed over all tokens. ( this is calles the lottery )
You can stake the edg tokens to recive this bounty, and the ''prices'' won by the tokens that havent been staked will be added to the lottery of the coming month.

please correct me if i am wrong

How to stake the EDG tokens? I still havent got an answer to that?

When the platform launches you can send EDG over there.
I imagine where would be staking feature where the EDG can be staked.
So we just need to wait on the release of the platform.

profitgenerator212

sr. member

Activity: 714

Merit: 251

Quote from: LuckyRoyston on July 03, 2017, 04:38:37 PM

Quote from: KuromaYoichi on July 03, 2017, 03:52:27 PM

Quote from: Metros on July 03, 2017, 12:28:33 PM

Quote from: voteformeg on July 03, 2017, 12:22:19 PM

edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out

To take part at the lounge lottery? no idea what is that..

And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?

On Etheroll for example you get dividents from the gambling game.

If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.

This is what i understand from the whitepaper.
The profits of edg wil go for 40% to the lottery, and it wil be evenly distributed over all tokens. ( this is calles the lottery )
You can stake the edg tokens to recive this bounty, and the ''prices'' won by the tokens that havent been staked will be added to the lottery of the coming month.

please correct me if i am wrong

How to stake the EDG tokens? I still havent got an answer to that?

LuckyRoyston

newbie

Activity: 12

Merit: 0

Quote from: KuromaYoichi on July 03, 2017, 03:52:27 PM

Quote from: Metros on July 03, 2017, 12:28:33 PM

Quote from: voteformeg on July 03, 2017, 12:22:19 PM

edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out

To take part at the lounge lottery? no idea what is that..

And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?

On Etheroll for example you get dividents from the gambling game.

If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.

This is what i understand from the whitepaper.
The profits of edg wil go for 40% to the lottery, and it wil be evenly distributed over all tokens. ( this is calles the lottery )
You can stake the edg tokens to recive this bounty, and the ''prices'' won by the tokens that havent been staked will be added to the lottery of the coming month.

please correct me if i am wrong

Metros

full member

Activity: 308

Merit: 100

Quote from: KuromaYoichi on July 03, 2017, 03:52:27 PM

Quote from: Metros on July 03, 2017, 12:28:33 PM

Quote from: voteformeg on July 03, 2017, 12:22:19 PM

edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out

To take part at the lounge lottery? no idea what is that..

And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?

On Etheroll for example you get dividents from the gambling game.

If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.

Well any one can buy tokens and take part of the lounge.. which lead to my main question, that there is no benefit what so ever for a long term hodler..

KuromaYoichi

sr. member

Activity: 756

Merit: 251

Sovryn - 300-500% APY on USDT Deposit

Quote from: Metros on July 03, 2017, 12:28:33 PM

Quote from: voteformeg on July 03, 2017, 12:22:19 PM

edgeless team did not anounced yet but if you have EDG you can participate in the lounge lottery , but still not sure how that will work , they say they going to tell more when BJ is out

To take part at the lounge lottery? no idea what is that..

And I assume that any one can simply take part of the lottery, so why would me (or any one else) invest and keep EDG for the long term?

On Etheroll for example you get dividents from the gambling game.

If i remember it right, 50% of the profit goes to the lottery and people can gamble using the token. So if Edgeless managed to yield nice profit, the lottery reward should be high and you need the token to enter the lounge. I don't know if they add other function for the token though.

profitgenerator212

sr. member

Activity: 714

Merit: 251

Quote from: Pab on July 03, 2017, 11:04:07 AM

Quote from: cleverhope on July 03, 2017, 10:46:25 AM

Hi guys. any thought about listining to Polo or Kraken? EDG is really solid project, so it needs more volume!

Polo didnt add any new coin from months and Kraken maybe.I will like to see edg on some Asia exch,China not possible i think,but some other asia countries

They dont like to add assets that dont work with the same daemon as Bitcoin. It would probably take a lot of configuration to make it work.

However they already have an ETH node probably setup so how hard could it be to add EDG support? Or other assets too?

People should be writing letters to Polo and Bittrex to add EDG fast!

Topic: ⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️ - page 162. (Read 391227 times)