You don't really need to have a sportsbook to be competitive.
You can add multiple casino games instead of sportsbook until it comes to that, however eventually that is the big difference so even if you add like 10 casino games on mintdice, eventually you will have to add sportsbook so why not add it at first instead of trying to add it later on.
When mintdice first started I wasn't expecting this much attention, it wasn't anything special, sure it was a good website and a casino but I thought "well they are running a legit business without scamming anyone, that is at least something" and didn't realized how much important that is, people are really looking for decent websites that won't scam them so anything mintdice adds (casino, sportsbook, library, television shows, medical examination, usual stuff) all will be liked because we all trust the owner.
Thanks a lot Bitgolden, nice thing to say
And yes, our only goal is to provide a very high quality, fair and trustworthy platform, nothing short of this.
So far only 4 popular games available but are there Any news on when the next game in line, Pyramid is going to be launched and become available to play?
There was a very big internal set back with the game earlier which delayed the launch but it's being worked on rather diligently and should be ready for backend testing soon enough. For any update we have for this game, this Bitcointalk thread will be the first to know.
So far only 4 popular games available but are there Any news on when the next game in line, Pyramid is going to be launched and become available to play?
Stay tune, no announcement yet from them but I think they're working on it right now.
You don't really need to have a sportsbook to be competitive.
You can add multiple casino games instead of sportsbook until it comes to that, however eventually that is the big difference so even if you add like 10 casino games on mintdice, eventually you will have to add sportsbook so why not add it at first instead of trying to add it later on.
They doesn't have to compete with other sportsbook. As much as they see the market for bookies is big, they want to try it and check if it will click since most of the bettors are also looking for a better place to bet like in sports betting.
they do have to compete , same as they compete with other casinos
you don't open a business just to try it out , you want to make profit and to do that you must know the market
the sportsbook market is stacked same as the bitcoin casinos market , but there are much fewer really good no KYC crypto sportsbooks with decent odds
It's very difficult to run a no-KYC sportsbook because this can lead to many difficult outcomes for the house. How exactly we are going to approach the sportsbook has yet to be determined. For the most part, for the time being, we are mostly working on getting situated with the proper provider and working on early development. We'll have better information about this product in 2020.
Adding any game would increase your revenue, it is simply marketing in disguise of a new game, there is a house edge and that house edge is mostly same everywhere and you get to play that with different games to have more fun.
Let's say you make a dice game, it is 1% house edge and you found people that gambles 10 btc a day on that dice, you then add slots and it has 1% house edge too (all depends on what you make house edge) and suddenly you have 15 btc, to you it is both just machines with 1% house edge for the casino but for the gamblers it is different game that could somehow give different results which is not true but gamblers like to change games when it gets too hot.
Finally, sportsbook is just another marketing where casino is destined to win but gives a different method of losing to gamblers.
That's not entirely true, it is possible to win money from a sportsbook in the long term if you are skilled enough. But you are right that having more games/offerings gives us more visibility and is a form of marketing. And of course we'll do everything we can to be a high quality website