ETH-based descentralized casinos | Bitcointalksearch.org

joshy23

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Quote from: Saisher on February 08, 2020, 11:04:46 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

It's actually a good idea and the developers can create one for the community, if Eos and Tron can do it for the community why not ETH for the community, I guess no one among the community developers is interested in this idea and they leave to independent developers to create one for the community.

It's very possible though it will be depends with how developers will see the opportunities and how they benefits once they offered this kind
of gambling platform, likewise, if EOS and Tron able to work with this system it's very possible that ETH also have this capabilities.

Saisher

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

It's actually a good idea and the developers can create one for the community, if Eos and Tron can do it for the community why not ETH for the community, I guess no one among the community developers is interested in this idea and they leave to independent developers to create one for the community.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

The gamblers already trust the old sites and they wouldn't just leave it to some random and untrusted sites or developer.
There are so many things that they should consider before trying to make this happen and if there would be one could they survive?
Could they attract enough gambler to sustain their website?
What would they offer in order for the gambler to move to their platform?
This are the questions that would mostly be on their mind.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

The idea is promising. But be careful with some decentralized gambling casino that will launch with this method. I am fan of trading and uses dex always to trade coins but ita gonna be different if its about gambling. I dont know much platform or if there is that running already with this scheme. But if you heard of acewin platform they are using eth blockchain erc20 token for their token utility on their gambling site. But its not decentralized like what youre asking.

What they have is using the eth blockchain is for you to gain some dividend from their earning on the gambling games on their site.

aioc

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Quote from: Tipstar on February 06, 2020, 11:05:47 AM

Quote from: aioc on February 06, 2020, 11:02:09 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

So far there are no popular gambling sites like that any eth developer can do that for the Eth community but if you are a gambling operator you would like to target as many holders as possible and not only investors of Eth so your profit will not be restricted on one community if gamblers it's not profitable for gambler operator then.

ETH's network congestion is to be blamed for that. Inchain gambling is quite famous for Tron and there are many popular gambling dapps on Tron blockchain. Tron of course was intended to act as a gambling token and that's not a surprise. EOS dapps are the next popular in gambling for their agility. And even though being one of the most used coins, there are no successful gambling dapps on Ethereum.

I just remember the game Cryptokitties it was so popular back then that it cost network congestion and if there is gaming exclusive for Eth it will have a bad impact because gambler will have no option to deposit other coins because it is only for Etherem, I agree that there are coins built for gambling but Ethereum is built not only for gambling it's for everyone who wants to create their own token.

Lucasgabd

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Quote from: Tipstar on February 06, 2020, 11:05:47 AM

Quote from: aioc on February 06, 2020, 11:02:09 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

So far there are no popular gambling sites like that any eth developer can do that for the Eth community but if you are a gambling operator you would like to target as many holders as possible and not only investors of Eth so your profit will not be restricted on one community if gamblers it's not profitable for gambler operator then.

ETH's network congestion is to be blamed for that. Inchain gambling is quite famous for Tron and there are many popular gambling dapps on Tron blockchain. Tron of course was intended to act as a gambling token and that's not a surprise. EOS dapps are the next popular in gambling for their agility. And even though being one of the most used coins, there are no successful gambling dapps on Ethereum.

actually even when the network is clogged the fees are not higher than 0.03 USD
there are some gambling dappps but you're right, not many

let's see what the future will bring
a lot can change.

Tipstar

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Quote from: aioc on February 06, 2020, 11:02:09 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

So far there are no popular gambling sites like that any eth developer can do that for the Eth community but if you are a gambling operator you would like to target as many holders as possible and not only investors of Eth so your profit will not be restricted on one community if gamblers it's not profitable for gambler operator then.

ETH's network congestion is to be blamed for that. Inchain gambling is quite famous for Tron and there are many popular gambling dapps on Tron blockchain. Tron of course was intended to act as a gambling token and that's not a surprise. EOS dapps are the next popular in gambling for their agility. And even though being one of the most used coins, there are no successful gambling dapps on Ethereum.

aioc

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

So far there are no popular gambling sites like that any eth developer can do that for the Eth community but if you are a gambling operator you would like to target as many holders as possible and not only investors of Eth so your profit will not be restricted on one community if gamblers it's not profitable for gambler operator then.

Lucasgabd

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Quote from: LbtalkL on February 04, 2020, 09:16:41 AM

Quote from: agustina2 on January 28, 2020, 07:37:17 PM

The idea is not new.

Who doesn't like a decentralized form of gambling?

But there is no massive call or demands for that and crypto-gamblers still prefer the usual way which is choosing a much reputable site-deposit-play-withdraw. And to those persons or groups that are planning to build a site like that, gamblers should also see that they are serious in promotions and marketing.

Maybe not on Ethereum platform but they have some gambling dapps, On TRON and EOS they have decent volume with Decentralized Gambling Sites. Just like this one on Tron https://888tron.com/ But of course, do your own research about this site. To OP you can find the full list on https://dappradar.com/

great comment, thanks @LbtalkL
the link with the Dapp list is super usefull and definitely related to what I was talking about.

will look into it
thanks a ton.

davinchi

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

There are two possible ways for making a casino to be based on ethereum. First one is based on ethereum payment alone and the second one is based on ethereum network for hash calculations (they do not need to generate their own hashes but uses ETH network's block hashes for deciding the outcome of lottery or dicing by decoding it) and obviously using ETH as a primary bankroll.

I like to know pooltogether is doing what kind of adoption with ethereum (I really hate visiting random sites along with bitcointalk). I prefer to be playing with second way of ethereum based casinos as their provably fair mechanism is open to anyone to cross check. This type of casino based on bitcoin network is not possible as bitcoin's block generations are taking at least 10 minutes whereas ethereum generates 2 or 4 blocks for every minutes.

LbtalkL

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Quote from: agustina2 on January 28, 2020, 07:37:17 PM

The idea is not new.

Who doesn't like a decentralized form of gambling?

But there is no massive call or demands for that and crypto-gamblers still prefer the usual way which is choosing a much reputable site-deposit-play-withdraw. And to those persons or groups that are planning to build a site like that, gamblers should also see that they are serious in promotions and marketing.

Maybe not on Ethereum platform but they have some gambling dapps, On TRON and EOS they have decent volume with Decentralized Gambling Sites. Just like this one on Tron https://888tron.com/ But of course, do your own research about this site. To OP you can find the full list on https://dappradar.com/

Lucasgabd

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Quote from: milewilda on January 31, 2020, 12:48:21 PM

Quote from: kryptqnick on January 31, 2020, 11:53:59 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I've seen various projects like that, but they tend to be short-lived. For one, Metamask had some stuff about banning Ethereum applications (not sure whether this is currently the case, but talks have made things uncertain anyway). Another problem is that using Metamask is not user-friendly from my personal experience. It's not that easy to figure out how it works, to make everything right so that smart contracts work. Some casinos offer alternatives, but I don't think they are better. I can't name a single Ethereum smart-contract-based casino right now, even though I've seen plenty. It seems to me that it's easier for people to give their money to reputable casinos in easy ways than figure out the smart contract stuff.

When we do talk about short-lived then this one is a fact.Im not aware with that Metamask eth app ban though.
I agree on the thing about being not user friendly of Metamask yet i do experience it when im still new on using it.
Without proper guide and some basic operation or technical you would surely get confused.There were lots of smart contract
based casinos out there but im pretty sure that those arent getting some good traffic.People get used to choose those
popular ones which are way less complicated.

not aware of metamask bans to ETH apps either
kryptqnick, are you sure that you're not making a small confusion between google banning metamask?

I thought metamask wouldn't be able to block the connection between certain apps or websites.

Quote from: amishmanish on February 01, 2020, 08:54:32 AM

What am i missing here? What exactly is "Decentralized" gambling. You are already using an anonymous, permissionless currency. What can a casino want as a service provider that decentralization helps?
Zero benefit to the gambler as well. Also, by very definition, a casino has to be a centralized entity. So this is a good idea to discuss but no, not going to happen.

people with too many certainties are curious.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I don't think we are going to see one, gamblers don't want to use non traditional way to deposit, I don't think many of gamblers are using metamask at all some of them are not trading in a decentralized exchange where metamask is very popular, they don't want to give their private to any application or extension even if it is proven 100% safe.

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What am i missing here? What exactly is "Decentralized" gambling. You are already using an anonymous, permissionless currency. What can a casino want as a service provider that decentralization helps?
Zero benefit to the gambler as well. Also, by very definition, a casino has to be a centralized entity. So this is a good idea to discuss but no, not going to happen.

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Quote from: milewilda on January 29, 2020, 05:28:02 AM

Quote from: imstillthebest on January 29, 2020, 05:12:59 AM

Quote from: 20kevin20 on January 29, 2020, 03:45:53 AM

Quote from: Kemarit on January 28, 2020, 08:01:12 PM

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

Why do you believe MetaMask is a problem? I think it's quite easy to use and a decentralized gambling platform would only make even more progress in the world of decentralization.

After all, when we will have +95% websites with KYC enabled, we will eventually all look for decentralized platforms to go to.. I'm already looking forward to moving to them.

Decentralized platforms will obviously require more attention when handling funds and will not be as easy as 1-2-3. Just like exchanging funds on Binance is instant while on decentralized exchanges it could take from a few minutes to hours. Casinos would probably function similarly.

for me yes its a hassel because you need to install it and download it , what if you dont have a pc ? metamask is still possible for mobile ? but for a user that already have metamask and enjoy using dex sites , that wont be a big problem for them . on cex sites , we depo , play , wd but dex sites works the same too , import , play and wd . the wd time on dex is i think more faster because its automated and no one checks the withdrawals while on cex , they can check it which cause delays

Thats what decentralized means where you do have the full control of your funds if you tend to deposit nor withdraw without intervention.
Its just a matter of preference though but i do highly believe that most people will play to those sites that do still need some registration.
I agree on the point that its quite hassle on making up some downloads and making transactions from time to time.

No matter how decentralized is that, still the government has something to do with it depends on your country. It is really hassle most especially when you know that withdrawal process is very crucial and you need to be secured about it. Government will take actions when they know that some cryptocurrency or coins are decentralized. Downloading and installing is not a problem in some ways and you really need some patient and persistence.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Rather than using the etherum network to signing with the casinos, there are a number of casinos which are using Waves or Eos platforms to support their monetary circulations. Etherum network was basically been created to help generate new coins in the markets by deploying smart contract on the network.

Etherum network allows us to generate and deploy the smart contract which is the initial stage of any token generation. This itself might point us why etherum network is not been used in gambling platforms. There are networks like EOS which are entirely been generated for the gambling platform so we could continue using those.

milewilda

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Quote from: kryptqnick on January 31, 2020, 11:53:59 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I've seen various projects like that, but they tend to be short-lived. For one, Metamask had some stuff about banning Ethereum applications (not sure whether this is currently the case, but talks have made things uncertain anyway). Another problem is that using Metamask is not user-friendly from my personal experience. It's not that easy to figure out how it works, to make everything right so that smart contracts work. Some casinos offer alternatives, but I don't think they are better. I can't name a single Ethereum smart-contract-based casino right now, even though I've seen plenty. It seems to me that it's easier for people to give their money to reputable casinos in easy ways than figure out the smart contract stuff.

When we do talk about short-lived then this one is a fact.Im not aware with that Metamask eth app ban though.
I agree on the thing about being not user friendly of Metamask yet i do experience it when im still new on using it.
Without proper guide and some basic operation or technical you would surely get confused.There were lots of smart contract
based casinos out there but im pretty sure that those arent getting some good traffic.People get used to choose those
popular ones which are way less complicated.

kryptqnick

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I've seen various projects like that, but they tend to be short-lived. For one, Metamask had some stuff about banning Ethereum applications (not sure whether this is currently the case, but talks have made things uncertain anyway). Another problem is that using Metamask is not user-friendly from my personal experience. It's not that easy to figure out how it works, to make everything right so that smart contracts work. Some casinos offer alternatives, but I don't think they are better. I can't name a single Ethereum smart-contract-based casino right now, even though I've seen plenty. It seems to me that it's easier for people to give their money to reputable casinos in easy ways than figure out the smart contract stuff.

Lucasgabd

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Quote from: Docnaster on January 30, 2020, 01:44:02 PM

There are a huge amount of solutions like this already, but not many of them have risen to prominence simply because nobody wants to pay a transaction fee for every single bet.

Instead, casinos would rather than you connect via metamask, then have you deposit to your casino account balance, that way they can complete the bet off-chain without racking up transaction costs.

The only way you could really get around this is by using a cryptocurrency that has a nearly instant transaction speed, with free transactions. Something like Dash or IOTA could work, but they're not smart-contract capable.

can you number some of the solutions already on the market?
I searched it but couldn't find.

fees are quite small, specially if your betting amount is higher than 10 usd.

cheaper fee for an ETH transaction atm is 0.004 USD.
kinda fine, isn't it?

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Quote from: alani123 on January 30, 2020, 05:04:41 AM

Quote from: Ucy on January 30, 2020, 04:02:45 AM

Quote from: alani123 on January 29, 2020, 05:31:32 AM

Decentralization doesn't add any notable perks to gambling in my view.
Provable fairness is already the best way for casinos to prove to their players that any amount wagered in their platform goes through a process that ensures the generation is random and not rigged by the house. To add decentralization mostly makes things more complicated. The perks of decentralization are best experienced on projects that can tokenize part of their venture or at least in some way enjoy the benefits of their project operation through a dAPP (for example no censorship).

But so long as cryptocurrency gambling remains out of the mainstream the most part, simply using cryptocurrency helps to avoid censorship, so there really isn't a need in terms of the users benefiting.

You missed another important part of decentralized gambling: the non-custodial part. Most centralized gamblings hold your fund,which is quite risky due to the possibility of scams or hacks taking place. Reputations or license (or both) compensate for this risk though

Fair point, custodianship could be a big advantage for decentralized gambling.
In the case of decentralized casinos, the game-maker essentially promises something along the lines of: Give me money, and win or lose, you'll be able to withdraw your balance. Which is a conflict of interest, because even if wagers are provably fair, if the casino is the custodian, they have a counter-incentive from paying out large winnings.
A non-custodian solution would be the opposite, like: Player plays, and they promise that if they lose they'll pay. I think some casinos had experimented with some similar model at least for emergency liquidity. Maybe moneypot, but I'm not sure.
Decentralization wouldn't be non-custodian in that sense, but at least could remove some of the trust from the equation. Like for example using a smart contract or dAPP for locking funds and giving winnings/losses to player/casino respectively.

But OP here doesn't showcase any technologies that would enable the well-known features centralized dice sites have. I'm not sure if randomness and provable fairness could be achieved in a fully decentralized and trustless system that also enables non-custodian gambling. Maybe such solutions exist already, but at least I haven't heard of any.

I think funds in smart contracts are locked under conditions. If conditions are not met, funds are sent back to the owners... so it's still OK too call that non-custodial. Decentralized non-custodial gambling sounds OK.

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Quote from: imstillthebest on January 29, 2020, 05:12:59 AM

for me yes its a hassel because you need to install it and download it , what if you dont have a pc ? metamask is still possible for mobile ? but for a user that already have metamask and enjoy using dex sites , that wont be a big problem for them .

Installing a wallet is a one-time process. I can't see the hassle you're talking about - you need a wallet to hold your funds anyway.

And, in fact, MetaMask is available for mobile too. Here's the Google Play link to it. Mobile is the new thing now, PCs are way less used. Mobile phones are taken everywhere with us, so now it's a bad idea to create something for PC that doesn't exist on mobile too. Mobility gives innovation a higher chance of being used due to frequent usage of smartphones.

I don't see where this large inconvenience comes from. Using a decentralized casino would work just like a centralized one, the only difference being the fact that casinos would process bets a little slower. On the other side though, your funds are safe. And I see no point in using a fast casino if your funds are at risk 100% of the time.

Quote from: imstillthebest on January 29, 2020, 05:12:59 AM

on cex sites , we depo , play , wd but dex sites works the same too , import , play and wd . the wd time on dex is i think more faster because its automated and no one checks the withdrawals while on cex , they can check it which cause delays

Please write this part in any language but gibberish... I don't get a single word out of your message.

josephdd1

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Fair enough, I agree with the fact that decentralisation is the equivalent of provable fair, and since most casinos are built with provably fair in mind there's no real benefit to added decentralisation other than a huge spike in capital investment, and where the players don't receive any benefits either.
For matters concerning player safety, the casinos should be fully transparent and by ensuring their money is safe the casinos in turn can't take more than what the players are willing to gamble with.

In other words, introducing decentralisation would not benefit anybody and hence its a feature nobody is paying attention to. I hope these comments gave you a solid understanding that decentralised ownership isn't always valuable, especially in gambling as providers must adhere to other terms already covering customer safety/protection!

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Gambling or casino Dapps based on ethereum network are not popular probably because of Network clogging that happens to Ethereum at times which makes it less fun. If you want some good popular casinos, you may have to look into EOS or TRON based dapps since they are more favorable.

Check out https://dappradar.com/and confirm for yourself that Ethereum based dapps have much lower 24 volume, Transactions and number of users as compared to TRON and EOS network based dapps.

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From all of those years with the emergence of ICOs and even during the bull run.

It's simply that casinos like that isn't the taste of the majority.

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Thats the only thing I hate about the bear market, since the price of all project had gone down so his the hype of all project with cryptocurrency both online and on-ground project. They can only get back to life when the rally starts and they are producing profit for every one. sadly there is assurance that the parabolic wont happen again and all crypto will go where they were. Casino is doing great on-ground than expected.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

That solution is called 'Onchain' gambling, and isn't a decentralized option because casinos must be a registered business to run under the law. But at least that solution let us bet from our wallet.

A good example of an Onchain game (For bitcoin) is classic.luckyb.it in that site you place a bet sending a bitcoin transaction, and you get a transaction back with your bet result.

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There are a huge amount of solutions like this already, but not many of them have risen to prominence simply because nobody wants to pay a transaction fee for every single bet.

Instead, casinos would rather than you connect via metamask, then have you deposit to your casino account balance, that way they can complete the bet off-chain without racking up transaction costs.

The only way you could really get around this is by using a cryptocurrency that has a nearly instant transaction speed, with free transactions. Something like Dash or IOTA could work, but they're not smart-contract capable.

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Quote from: coinfinger on January 30, 2020, 01:10:58 PM

Quote from: Cherylstar86 on January 29, 2020, 05:48:14 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Ethereum contract is very secure in terms of casino gambling games mode of transactions on a desired games. Metamask is one of the best wallet which can be applied as direct deposit towards the site. This is somewhat interesting for all players who finds an assurance for their funds.
For now I don't see any plans yet, but hopefully someday there will be one casino who can start this type of wallet integration.

Even now, there are a number of casinos which do accept etherum and run with metamask but those were been listed among the scam projects which would risk the money of the gamblers. Etherum is really a good coin but I have not yet seen it to be used on a maximum scale of graph onto the gambling platforms.

Some platforms support etherum deposits but in order to play any games onto the platform, we are required to convert those eth into the common coin for the platform. Also newly emerging gambling platforms are busy creating their own network of coins so they never consider etherum network to be used.

scams ? aw . that must be the reason on why there are few to none decentralize gambling site but most that we saw now are always centralized . eth is accepted on majority of the gambling sites and of the coin that is being used to by many gamblers . once a gambling site accept eth , you arent require to convert it to play but there are site that has a conversion service where you can convert your eth to other coin or other coin to eth , if that is what you want .

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Quote from: Cherylstar86 on January 29, 2020, 05:48:14 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Ethereum contract is very secure in terms of casino gambling games mode of transactions on a desired games. Metamask is one of the best wallet which can be applied as direct deposit towards the site. This is somewhat interesting for all players who finds an assurance for their funds.
For now I don't see any plans yet, but hopefully someday there will be one casino who can start this type of wallet integration.

Even now, there are a number of casinos which do accept etherum and run with metamask but those were been listed among the scam projects which would risk the money of the gamblers. Etherum is really a good coin but I have not yet seen it to be used on a maximum scale of graph onto the gambling platforms.

Some platforms support etherum deposits but in order to play any games onto the platform, we are required to convert those eth into the common coin for the platform. Also newly emerging gambling platforms are busy creating their own network of coins so they never consider etherum network to be used.

Lucasgabd

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Quote from: stomachgrowls on January 29, 2020, 05:30:11 PM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Check out these listing sites.

https://www.castlecrypto.gg/ethereum-games/
https://egamers.io/blockchain-games-list/

yes, I'm fammiliar with blockchain games but talking more about casinos atm.

Quote from: Heartilly on January 29, 2020, 05:49:46 PM

This was an easy task to do for an ETH specialist if they will put time here. The problem is gamblers don't like to make things more complicated if they will just want to gamble. The one that will just benefit here is those who are blockchain enthusiast and cares for decentralization.

Not all crypto-gamblers are die-hard blockchain enthusiasts. Some of these gamblers are already a gambler outside crypto and just switch into crypto-form of gambling because they see more convenience here compare to fiat.

totally agree with your point
but maybe they could do it with a nice onboarding system that is non-technical
kind like what Axie Infinity is doing where you can simply register with an email and is ready to play.

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Quote from: Ucy on January 30, 2020, 04:02:45 AM

Quote from: alani123 on January 29, 2020, 05:31:32 AM

Decentralization doesn't add any notable perks to gambling in my view.
Provable fairness is already the best way for casinos to prove to their players that any amount wagered in their platform goes through a process that ensures the generation is random and not rigged by the house. To add decentralization mostly makes things more complicated. The perks of decentralization are best experienced on projects that can tokenize part of their venture or at least in some way enjoy the benefits of their project operation through a dAPP (for example no censorship).

But so long as cryptocurrency gambling remains out of the mainstream the most part, simply using cryptocurrency helps to avoid censorship, so there really isn't a need in terms of the users benefiting.

You missed another important part of decentralized gambling: the non-custodial part. Most centralized gamblings hold your fund,which is quite risky due to the possibility of scams or hacks taking place. Reputations or license (or both) compensate for this risk though

Fair point, custodianship could be a big advantage for decentralized gambling.
In the case of decentralized casinos, the game-maker essentially promises something along the lines of: Give me money, and win or lose, you'll be able to withdraw your balance. Which is a conflict of interest, because even if wagers are provably fair, if the casino is the custodian, they have a counter-incentive from paying out large winnings.
A non-custodian solution would be the opposite, like: Player plays, and they promise that if they lose they'll pay. I think some casinos had experimented with some similar model at least for emergency liquidity. Maybe moneypot, but I'm not sure.
Decentralization wouldn't be non-custodian in that sense, but at least could remove some of the trust from the equation. Like for example using a smart contract or dAPP for locking funds and giving winnings/losses to player/casino respectively.

But OP here doesn't showcase any technologies that would enable the well-known features centralized dice sites have. I'm not sure if randomness and provable fairness could be achieved in a fully decentralized and trustless system that also enables non-custodian gambling. Maybe such solutions exist already, but at least I haven't heard of any.

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Quote from: alani123 on January 29, 2020, 05:31:32 AM

Decentralization doesn't add any notable perks to gambling in my view.
Provable fairness is already the best way for casinos to prove to their players that any amount wagered in their platform goes through a process that ensures the generation is random and not rigged by the house. To add decentralization mostly makes things more complicated. The perks of decentralization are best experienced on projects that can tokenize part of their venture or at least in some way enjoy the benefits of their project operation through a dAPP (for example no censorship).

But so long as cryptocurrency gambling remains out of the mainstream the most part, simply using cryptocurrency helps to avoid censorship, so there really isn't a need in terms of the users benefiting.

You missed another important part of decentralized gambling: the non-custodial part. Most centralized gamblings hold your fund,which is quite risky due to the possibility of scams or hacks taking place. Reputations or license (or both) compensate for this risk though

Heartilly

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This was an easy task to do for an ETH specialist if they will put time here. The problem is gamblers don't like to make things more complicated if they will just want to gamble. The one that will just benefit here is those who are blockchain enthusiast and cares for decentralization.

Not all crypto-gamblers are die-hard blockchain enthusiasts. Some of these gamblers are already a gambler outside crypto and just switch into crypto-form of gambling because they see more convenience here compare to fiat.

stomachgrowls

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Check out these listing sites.

https://www.castlecrypto.gg/ethereum-games/
https://egamers.io/blockchain-games-list/

DoublerHunter

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I still remember the days where I invested in an ICO with ERC20 Token based but the project did not go through as expected. That is when I learned that not every good project really goes through. Decentralized Online Casino site is a good idea. However, the tokens are intensively monitored by online asset regulators. Centralized casino's only advantage is that they have a higher reputation for the existing decentralized casinos. Maybe it is the reason why decentralized Casinos are not making it to the top and couldn't surpass the centralized Casino.

Lucasgabd

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Interesting to see the attention this topic got.

so, to clarify:
Metamaks is quite easy to use and would definitely be a good option for connections
right now there are more than 100 tokens basd on ETH including some pretty solid reputation projects like BAT.
I don't see why this would be a problem.

plus: itcould also accept other coins as a deposit but then we hava a greater barrier for descentralization and greater need for security.

also: how would it be non-custodian?
atomic swaps?

Quote from: leea-1334 on January 29, 2020, 07:59:54 AM

Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Well, actually there have been many in the past I remember even in 2017 we had cryptokitties already right? Or was that 2018? It used Metamask, you only needed to connect, and every other game type has been similar since that is exactly how Dapp operates. Check our TRON dapps and EOS dapps many games are like this.

I'm talking a bit more about gambling/casino/poker structure
but yes, the structure on the mentioned dapps could be simmilar to the one I'm talking about.

was thinking about Fulcrum as well.

leea-1334

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Well, actually there have been many in the past I remember even in 2017 we had cryptokitties already right? Or was that 2018? It used Metamask, you only needed to connect, and every other game type has been similar since that is exactly how Dapp operates. Check our TRON dapps and EOS dapps many games are like this.

Cherylstar86

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Ethereum contract is very secure in terms of casino gambling games mode of transactions on a desired games. Metamask is one of the best wallet which can be applied as direct deposit towards the site. This is somewhat interesting for all players who finds an assurance for their funds.
For now I don't see any plans yet, but hopefully someday there will be one casino who can start this type of wallet integration.

judeafante

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

We can only speculate, but I guess there is no need on that because the competition in the gambling is very stiff, it will only target people in the Ethereum community, and not on the whole gambling community, it is still a good option to have as many coins that gambler can use in a gambling site, so even if he doesn't have an Ethereum he can opt for a different coins.

hello_good_sir

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There are already solutions. However, I'd say that none of them currently are as popular as their centralized counterparts.

It's simply because having a central entity helps in the sense that essentially, you are able to create a community much better. Sure, a decentralized alternative may see better house edges or odds or whatnot, but it lacks the feel of a true casino - it's just you versus a script, with no one watching.

There's barely any promos, games & rounds, etc. which explains the lack of success that these decentralized sites/tokens have.

alani123

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Decentralization doesn't add any notable perks to gambling in my view.
Provable fairness is already the best way for casinos to prove to their players that any amount wagered in their platform goes through a process that ensures the generation is random and not rigged by the house. To add decentralization mostly makes things more complicated. The perks of decentralization are best experienced on projects that can tokenize part of their venture or at least in some way enjoy the benefits of their project operation through a dAPP (for example no censorship).

But so long as cryptocurrency gambling remains out of the mainstream the most part, simply using cryptocurrency helps to avoid censorship, so there really isn't a need in terms of the users benefiting.

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Quote from: imstillthebest on January 29, 2020, 05:12:59 AM

Quote from: 20kevin20 on January 29, 2020, 03:45:53 AM

Quote from: Kemarit on January 28, 2020, 08:01:12 PM

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

Why do you believe MetaMask is a problem? I think it's quite easy to use and a decentralized gambling platform would only make even more progress in the world of decentralization.

After all, when we will have +95% websites with KYC enabled, we will eventually all look for decentralized platforms to go to.. I'm already looking forward to moving to them.

Decentralized platforms will obviously require more attention when handling funds and will not be as easy as 1-2-3. Just like exchanging funds on Binance is instant while on decentralized exchanges it could take from a few minutes to hours. Casinos would probably function similarly.

for me yes its a hassel because you need to install it and download it , what if you dont have a pc ? metamask is still possible for mobile ? but for a user that already have metamask and enjoy using dex sites , that wont be a big problem for them . on cex sites , we depo , play , wd but dex sites works the same too , import , play and wd . the wd time on dex is i think more faster because its automated and no one checks the withdrawals while on cex , they can check it which cause delays

Thats what decentralized means where you do have the full control of your funds if you tend to deposit nor withdraw without intervention.
Its just a matter of preference though but i do highly believe that most people will play to those sites that do still need some registration.
I agree on the point that its quite hassle on making up some downloads and making transactions from time to time.

imstillthebest

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Quote from: 20kevin20 on January 29, 2020, 03:45:53 AM

Quote from: Kemarit on January 28, 2020, 08:01:12 PM

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

Why do you believe MetaMask is a problem? I think it's quite easy to use and a decentralized gambling platform would only make even more progress in the world of decentralization.

After all, when we will have +95% websites with KYC enabled, we will eventually all look for decentralized platforms to go to.. I'm already looking forward to moving to them.

Decentralized platforms will obviously require more attention when handling funds and will not be as easy as 1-2-3. Just like exchanging funds on Binance is instant while on decentralized exchanges it could take from a few minutes to hours. Casinos would probably function similarly.

for me yes its a hassel because you need to install it and download it , what if you dont have a pc ? metamask is still possible for mobile ? but for a user that already have metamask and enjoy using dex sites , that wont be a big problem for them . on cex sites , we depo , play , wd but dex sites works the same too , import , play and wd . the wd time on dex is i think more faster because its automated and no one checks the withdrawals while on cex , they can check it which cause delays

20kevin20

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Quote from: Kemarit on January 28, 2020, 08:01:12 PM

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

Why do you believe MetaMask is a problem? I think it's quite easy to use and a decentralized gambling platform would only make even more progress in the world of decentralization.

After all, when we will have +95% websites with KYC enabled, we will eventually all look for decentralized platforms to go to.. I'm already looking forward to moving to them.

Decentralized platforms will obviously require more attention when handling funds and will not be as easy as 1-2-3. Just like exchanging funds on Binance is instant while on decentralized exchanges it could take from a few minutes to hours. Casinos would probably function similarly.

carlisle1

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

this is a good idea though i know in past there are some issues discussed as this but nothing settled ,i don't know whats the reason why there are no ethereum based gambling.

like EOS that there are many Casino based game and also some online Games that offers eos as you constantly play those game.
i think i would love to have this kind of site though i will not connect my wallet directly instead will only deposit for safer playing.

ice098

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I can't see any gambling site with that too, but you may also send your deposit using your myetherwallet for example to send your ETH in that particular website, I think there will be a reason why all the casinos do not allowed that or did not adapt that decentralized thing, but if they do, it would be easier for us to connect our metamask and send the eth in a short time only.

The Cryptovator

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I think I have seen such as casino but can't remember now. This concept is very old like gambling by connect meta mask. But they didn't become much popular here. Most of gamblers like to play simply, make deposit and withdraw. Because such as decentralized gambling site doesn't allow to use so may coins. So most of gamblers just simply skip them. I believe if a centralized casino have good reputation somehow, then there is no issue to join there.

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As mentioned, most players avoid complications. The traditional way of getting access to platform or creating an account saves them time and effort keeping their private key or getting into meta mask to gamble.

The simplier or convenient a platform for players, the better it gets attention from it's potential users. The reason why online gambling has been a good option for gamblers is the convenience of it.

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I think that most people like an idea like that.However for that to take place we need massive players who like playing with Ethereum and as far as I know this is not the case because almost all crypto gamblers like to play with bitcoin.When demand for crypto gambling will increase for Ethereum only then we can see an implementation of this idea.

Ucy

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The reputation thing is very important of aspect decentralization. I sometimes wonder why Blockchain developers don't take it very seriously. I guess some are building the most reliable reputation systems already.
Would be great to build something that works easily on the entire Ethereum ecosystem. It should be fool-proof, anonymous, private, somewhat linked to an individual, the owner should probably be able to hide (or get a new profile) his entire reputation to start all over again, but he/she would need to gain some decent reputation before he's allowed to use some important services.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I don't think we have a need of that although it looks good because it will target a specific community, on second thought developers should give a lot of option to gamblers, there are some gamblers who do not like using a metamask, although it's a good option it will be experimental, will be interesting on how the community react will they support or will they go for traditional online gambling casino.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

There were lots of them but dont actually get some attraction nor interest. Just like this one https://ethex.bet/ and even EOS and TRX platforms do have the same system when it comes to decentralized gambling.

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That's a good concept but I think more gambler prefer these old and trusted gambling sites. People like new services but decentralizing a gambling site maybe a thing on the future. Defi is really a trend now, but eth popularity has been shrugged of the list. I will still use bitcoin gambling site for now, until a good and trusted eth casino platform resurface.

Does anyone know of such platform?

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So what if you don't want to use Eth or have run out of Eth and want to use other coins like Bitcoin, Dogecoin or other coins, I will have to trade my other coins to Ethereum so I can play in the platform, times are changing people wants a casino with multiple coins as an option to deposit.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

I just don't think so if other online gambling platforms had applied this type of convenient betting. Most likely they're using bitcoin and they do have their own wallet deposit in order that their funds for bankroll will be credited on their site.
With that strategy of connecting wallet using metamask, it's awesome and this made the gambling experience will be more exciting; because in terms of safety metamask is reliable.

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People seem to enjoy the reputation and history of the more established centralized casinos with relatively high playerbases that are already out there compared to decentralized casinos, and that's not surprising considering how much the centralized casinos advertise here and in almost every place you can see cryptocurrency being mentioned. A lot of people (especially newcomers to crypto) also have a stereotype that decentralized versions of traditionally centralized services to be more complicated, though over the last few years that's become less and less true.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

There should be one, but on the contrary if you are a casino operator you would want to have a casino that is open to everyone who wants to spend with different coins, it will attract variety of gamblers and not only those holders of Ethereum, every casino operators are competing with each other and you will have a hard time attracting those who wants to spend different coin.

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

This has been discussed in the past as far I can remember, why it didn't get traction from the community? It's because it just make things complicated for gamblers. As what @ agustina2 have mentioned, deposit->play->withdraw, simply as that.

We don't want that whole metamask before we can play. And I guess gamblers mindset is hard to change or at least to convince try a way way to deposit in order to enjoy.

agustina2

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Quote from: Lucasgabd on January 28, 2020, 07:07:50 PM

I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

The idea is not new.

Who doesn't like a decentralized form of gambling?

But there is no massive call or demands for that and crypto-gamblers still prefer the usual way which is choosing a much reputable site-deposit-play-withdraw. And to those persons or groups that are planning to build a site like that, gamblers should also see that they are serious in promotions and marketing.

Lucasgabd

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There's no need to be upset

With the raise of DeFi and solutions like Pooltogether I wonder how I haven't seen some ETH casinos with good reputation where you can simply connnect your wallet via metamask and play games.

are there solutions like that alreadyor nobody came up with it?

Topic: ETH-based descentralized casinos (Read 523 times)