Topic: MintDice Bitcoin Casino - SportsBook & Provably Fair Games - page 24. (Read 35066 times)

One thing we'd like to do is accept fiat deposits and give people Bitcoin to play with to make the whole process easier for everyone, but actually implementing such a system is nearly impossible (presumably largely because of fraud). Bitpay and all of them only tend to work in the reverse direction where you give them the Bitcoin and they credit with fiat.

Nonetheless, we are exploring options for working with fiat with MintDice. The major goal is to make it crypto-oriented but it's such a smaller market than crypto it's hard to stay that confined as we try to grow.

Or the casinos could basically just have a way of buying bitcoins with fiat as well? It doesn't have to be directly, you can't really offer people a way of buying bitcoins with fiat on a casino and not have too many legal issues about it, however they could redirect people to places like coinspayment.net or bitpay or whatever else they want and just have a "deposit with fiat" option where it is a third party app that allows people to give fiat and get bitcoin.

On top of that if mintdice offers a faucet like thing for a very very small amount they could actually get those people stick around as well. All these combined equals to mintdice going with the whole "advertise even in non-crypto casino world to get more customers" type of deal and have a lot of customers.

If they want to advertise then they should avoid anything mainstream because 99% of people don't own crypto and won't own it and the exposure will just be a waste. In my opinion I think a good way to advertise a crypto casino is actually on tradingview. I don't know if you realise but I think they allow advertisements for certain sectors that people search for.

So if someone is constantely looking at Crypto charts like BTCUSD or ETHUSD or ETHBTC then the Tradingview will usually display Crypto only ads like Crypto exchanges like Bybit or promoting some type of ICOs.

I think this would be a better resource than Facebook because those advertisements are very expensive and keep in mind this is a very niche market. Just because someone is into Crypto they might not be into gambling and if someone is into gambling they might not be into crypto. Very ultra niche market.

Hence why the signature campaigns are very effective on this forum.

Advertising on social media is good but they also need to target the market according to the theme of their site. But for me the media that is capable of attracting a lot of players is google / facebook because this platform has targeted and customizable insight features.

And well, I agree with your idea, that the site will look perfect if they add an exchange for users who are new to crypto so they don't get confused in learning and getting started.

I second this. A lot of gaming sites where you can pay with BTC or alts are usually advertised on this forum or Telegram/Discord only. To reach the masses you need to advertise on Twitter, FB etc., especially if you want to attract people to your site who are not that familiar with crypto currencies.

The main problem for this people is that they usually don't own any coins, so sites would have to offer fiat deposits, too, which is very unlikely that they will do

Yeah, I think that the expansion towards acquiring more websites might not be the best move especially at this time when most of the effort should still be on development and heavy advertising on social media platforms. The platform is already good but there's still a lot more room for improvement and I'm sure more people would be inclined into trying the games here but aren't all fully aware of its existence.

It is not really that sane to think about acquiring other smaller websites now. That is how the big corporations get bigger and I realize that is something they will have to think about eventually but we are talking about a casino that has about 40 pages on bitcointalk. Even the goliaths of this sector like stake and freebitcoin hasn't done something like that so it would be weird to have a website this small to go out and buy other competition to get bigger.

Definitely, it is a possibility in distant future but mintdice is already awesome as it is and I doubt they need to grow that big that quickly for now. They are already working on getting bigger and better inside and that's all we need and the owner is here constantly talking with us which is the most important part.

Mintdice is a great website and we love it, it is one of the most entertaining casinos out in the world and I feel lucky to play here, yet it is actually very tiny compared to goliaths like facebook or reddit and all those websites that are probably 100000x bigger than mintdice had whole lot of design changes as well.

If mintdice has been working on their change since June to today and still have time to go, I can't even imagine how long it took those huge websites to have their changes. I know the new version will be much better but don't be worried if people don't like it at first, that is always the case when something we get used to changes, but than we get used to it and can't go back.

Well, for people using non-provably fair / licensed softwares, they kind of have to use the predetermined odds that the machine comes with and that is pretty much that. Since we created our own machines, we can manipulate our odds to create all sorts of new machines that users may like with little difficulty. The most difficult part of the process would be simply adding in new themes (which isn't even that hard)... we presently have icy mint blue, minty fresh green and cinnamon hot red. The rest of it, like the numbers part, is relatively easy. And if the slot machine demand is there, we can add in a bunch more options later, so we'll have this discussion in a more real sense later in 2020 I imagine

Even though we have our own slot machine software doesn't mean we can change that easily. I'm sure some people have thought about this before, it is interesting and trivial, but it is difficult to realize because it might be a rule in a slot game.

Interesting idea. Since we have our own custom built slot machine software, adding something like this in would be relatively trivial all else equal. We can consider something like this when we get around to the slots upgrade later. I'd say more important than anything else, if our slot machines are popular enough when the time comes, we can devote more time and money to their development and vice versa.

Mintdice literally grew so fast that you guys could potentially acquire a whole another website, I don't know how it works in casino world since its just domains and you can at most redirect people to yourself but it was just an example of how big you got so suddenly .

Free spins would be nice addition of course but I would say allowing us to do changes on the lines and the bets could be even better, for example one person may want to play slots where you win almost all the time but very tiny and when you lose rarely you lose the bet so like playing on 98% dice game, but some people may want the 50% one where you usually end up with same bankroll after hundreds of bets with tiny fractional changes because of house edge, some people may want the rare wins that make you rich suddenly but end up losing all the time until you win that big one.

Yes, this has kind of been mentioned in the past, but the majority of our design and development talent has been going towards this exact task but it is a monstrous project. We started this in June/July... I expect it to hopefully be ready around February/March all else equal. This will also include full mobile web compatibility.

That's one example of things we are doing before upgrading the slots.

Great, although you'll not do it in the near future but at least it is nice to hear good news. It seems that you are working on many things to be released next year, I hope it will worth your time and it will worth for those who are waiting for the great updates next year. Keep the good work up and dont forget to give update on this thread on everything you have done so this forum wont forget about the site due to your busy time in working for the updates.

Great news, I also like that feature.
But will you only focus on the feature updates in the game? Are you not planning on updating the appearance of MintDice's website? I hope it can look more attractive with a simple design and good color composition.

And for site access speed is pretty good when compared to 2 months ago, I also hope this will be upgraded to improve the player's experience.

Actually yes!

We do plan on doing a free spin mode and a few other key changes to the slot machines to make them more exciting. This will come later next year though as we have prioritized tasks. But as far as present games are concerned, we plan on doing the most updates to the slot machines, and some level of updates as well to Bit.Rocket once we get other things in place first.

Do you have plan to modify the slot game? The current game is attractive already but I feel there is something missing on a slot game, it is freespin bonus mode. Would be nice if you can add this feature on your slot game, as it is the most hunt feature by most slot players including me. Adding a feature to choose how many lines to bet would be nice as well.
The auto betting feature also need to be modified by adding more features such as stop on loss xx and stop on profit xx like in most other sites.

I agree with you, it is true that most people play gambling to make money. Therefore a lot who take big risks by using big capital
to make big profits too. In the gambling world everything is about money, there are indeed some people doing gambling just for fun.
But the amount is small.

We are talking about also the 8% of that people not making money as well, so we have 92% of the people who gamble for fun, that is something, we also have that 8% and not all of them make money. Yes, there must be some people make money but explain to me logic that if you have even unlimited amount of money how are you planning to make money from a game that has house edge?

The only possible way to make money is to go all in at once and make a big win and leave, if you continue to gamble after your big win eventually you will continue to lose money as well. So, at the end there is literally no way of making money from gambling mathematically, it is not possible, it is impossible. This of course only applies if you gamble long enough, not for the short burst of big wins.

Most people do most of these types of activities for fun. Stanford noted that about 92% of gamblers are mostly just in it for harmless/casual fun:
https://www.gsb.stanford.edu/insights/most-gamblers-are-just-out-fun

Of course, that leaves the remaining 8% that probably take it too far. You can say this type of thing about virtually any human activity, like alcohol. Most probably use it just fine, a few do not. Even healthy activities like exercise have people that take it too far and probably end up doing more damage to their bodies than good at the extreme end of the spectrum. A healthy balance for any of these activities is mostly for fun for most people and where the vast majority of the population will tend to end up.

As for why people have to bet money, that depends on the person, but the fantasy of winning a lot of money very quickly is more alluring to many than not. Many people that buy lottery tickets like the fantasy of what they would do if they win, even if they know it is unlikely. If gambling for fun for you or others is good enough, it's for that very reason that we have Federal Reserve Dollars (play money) on MintDice while most Bitcoin casinos do not offer such a service.

And naturally, we do not want problem gamblers on MintDice and we've added a few measures on our website for people to get help and we can block accounts as well through customer support.