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Topic: Opening a new gambling website 2020' - page 2. (Read 575 times)

legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
February 24, 2020, 06:34:48 PM
#37
that's not right, read the post above

Also, learn how to quote replies, dammit !
newbie
Activity: 14
Merit: 0
February 24, 2020, 05:20:54 PM
#36
This throws me off:


I don't get the game at all, if you need 10 players to start each round then why the chance to win is 70% to 90%? If there are 10 users and only one win, then the chance to win is 10%.

And if we place a bet of 1.5mbtc to win 1.95btc, then we are talking about 10 users paying 1.5mbtc each one, that means the house earns 15mbtc and they pay only 1.95btc... that's the worst house edge I have ever seen.

So, the problem with this casino is:
-No provably fair
-Big withdraw fees
-Enormous house edge
-Not a gambling license
-Unclear math


Bolded some data that confused me.  Isn't the gambling company giving away too much if they give away 1.95 BTC from one of the 10 people who bet 1.5mbtc?

that's not right, read the post above

newbie
Activity: 14
Merit: 0
February 24, 2020, 05:13:35 PM
#35
https://bitcoinbetgame.com/#/rules
The withdrawal of assets.
The charge for withdrawal of assets will be paid by the player. This is a fixed fee 0.0004 BTC or 0.4 mBTC


Quote
Lottery rules.
Every player has three levels of difficulty and can bet on a lottery at her/his discretion.
GOLDEN LEVEL gives every player a 70% chance to win 30% of betting amount. (For example: You bet on an amount of 0.10 BTC and you win 0.13 BTC ).
SILVER LEVER gives every player a 80% chance to win 20% of betting amount. (For example: You bet on an amount of 0.10 BTC and you win 0.12 BTC).
BROWN LEVEL gives every player a 90% chance to win 10% of betting amount. (For example: You bet on an amount of 0.10 BTC and you win 0.11 BTC).

I don't get the game at all, if you need 10 players to start each round then why the chance to win is 70% to 90%? If there are 10 users and only one win, then the chance to win is 10%.

And if we place a bet of 1.5mbtc to win 1.95btc, then we are talking about 10 users paying 1.5mbtc each one, that means the house earns 15mbtc and they pay only 1.95btc... that's the worst house edge I have ever seen.

So, the problem with this casino is:
-No provably fair
-Big withdraw fees
-Enormous house edge
-Not a gambling license

you can bet and shut down the computer , if no one joins the game within 24 hours funds are automatically returned to your account
if ten players bet 1.5 mBTC to win 1.95 mBTC of these ten wins seven (70%) and three players lose, seven players collect the 1.95 mBTC (+30%= 0,45 mBTC) , my commission on this bet is 0,45 mBTC so where do you see this advantage here
as far as I know games that do not use normal money and valuables do not necessarily have to have a gambling license
I am in the process of licensing the algorithm  
thank you for your comment , but don't judge too harshly because you don't quite understand
I accept your criticism and I will try to correct everything you write about
As for the forum, I am very sorry for everyone, but this is my second forum in which I write something I don't have the experience here like you all
I greet you




-Unclear math

copper member
Activity: 475
Merit: 251
in BTC we trust
February 24, 2020, 03:50:56 PM
#34
Way too many red flags here op. Let me summarize my views:

- Horrible ANN thread
- No live customer support
- No way to prove that your games are 100% fair
- Site name is way too shady
- Site design is pretty bad

Overall, this might not be a scam, but you need to improve in all these departments if you wish to attract gamblers.

Well said , well summarized
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
February 24, 2020, 03:49:27 PM
#33
This throws me off:


I don't get the game at all, if you need 10 players to start each round then why the chance to win is 70% to 90%? If there are 10 users and only one win, then the chance to win is 10%.

And if we place a bet of 1.5mbtc to win 1.95btc, then we are talking about 10 users paying 1.5mbtc each one, that means the house earns 15mbtc and they pay only 1.95btc... that's the worst house edge I have ever seen.

So, the problem with this casino is:
-No provably fair
-Big withdraw fees
-Enormous house edge
-Not a gambling license
-Unclear math


Bolded some data that confused me.  Isn't the gambling company giving away too much if they give away 1.95 BTC from one of the 10 people who bet 1.5mbtc?
legendary
Activity: 3346
Merit: 3130
February 24, 2020, 03:41:35 PM
#32
https://bitcoinbetgame.com/#/rules
The withdrawal of assets.
The charge for withdrawal of assets will be paid by the player. This is a fixed fee 0.0004 BTC or 0.4 mBTC


Quote
Lottery rules.
Every player has three levels of difficulty and can bet on a lottery at her/his discretion.
GOLDEN LEVEL gives every player a 70% chance to win 30% of betting amount. (For example: You bet on an amount of 0.10 BTC and you win 0.13 BTC ).
SILVER LEVER gives every player a 80% chance to win 20% of betting amount. (For example: You bet on an amount of 0.10 BTC and you win 0.12 BTC).
BROWN LEVEL gives every player a 90% chance to win 10% of betting amount. (For example: You bet on an amount of 0.10 BTC and you win 0.11 BTC).

I don't get the game at all, if you need 10 players to start each round then why the chance to win is 70% to 90%? If there are 10 users and only one win, then the chance to win is 10%.

And if we place a bet of 1.5mbtc to win 1.95mbtc, then we are talking about 10 users paying 1.5mbtc each one, that means the house earns 15mbtc and they pay only 1.95mbtc... that's the worst house edge I have ever seen.

So, the problem with this casino is:
-No provably fair
-Big withdraw fees
-Enormous house edge
-Not a gambling license
-Unclear math
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
February 24, 2020, 03:19:34 PM
#31
First of all even the name of the topic is not really correct way to start. I first read the topic name and thought this was a discussion topic and not an announcement topic. Normally when you announce a game you write the name of the game on the topic itself to get a lot more attention, this way people literally come to this topic to discuss about starting a casino in 2020 and how is it different than starting one before.

Aside from that, like everyone has mentioned before, topic needs to start with good images and good marketing, basically all around better design, even if you are not a scam, this still doesn't change the fact that it needs to have a lot better UI than this to attract customers. Maybe you have great features but as long as it is not appealing you will have hard time getting people to it.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
February 24, 2020, 02:56:48 AM
#30
Hi
it's hard to prove, the scheme is logical, the algorithm chooses, not me , therefore, ten people are needed to prove
otherwise how can I do it , you want, I will send you the source code for the algorithm Grin , I don't force anyone to play
everybody will do as he thinks
You are missing the point. Words are not enough to justify your legitimacy. Why would ten people want to deposit their hard earned money into a shady website when they could deposit it into a legit site instead?

Even if you send random amounts to people to test your site, that still wouldn't be enough. The only way you can turn this around is if you listen to our feedback and make the appropriate changes and relaunch it in a better way later.
sr. member
Activity: 1176
Merit: 301
February 24, 2020, 01:30:40 AM
#29
I guarantee everyone that it is not a scam
Said every scammer ever.
You don't even explain how the game works. There is no information on the site.

you don't even want to come to the site and read the terms of use , everything is described on the page
if you are cheated, you can call me a cheater
but not before
, please

Translated to - Let me steal your money first & then you can moan
Best translation that I've read so far and very accurate.
OP I don't think that anyone would really take this seriously the way you promote it is to tiring to read.
You just need to post the most needed information for us to know what it is on your platform.
Besides when promoting a project you don't need to tell us that it isn't a scam you've just made it more suspicious.
sr. member
Activity: 2030
Merit: 356
February 24, 2020, 12:01:11 AM
#28
I guarantee everyone that it is not a scam
Said every scammer ever.
You don't even explain how the game works. There is no information on the site.

I was about to visit this site but as soon as I saw this comment, I changed my mind. Why would OP needed to say this that this is not a scam. lol

it's a pity, but it's obviously your decision and everyone must respect it
regards


LOL!, the title website itself with "btcmultiplier" looks shady, personally, I would not play on your site, sorry.

I suggest you give full information about the site if you are part of the team or affiliated so we can evaluate it, limited information is shady.

Hello
everything will be available in time , Apple was created in the garage Smiley but thank you for your comments, certainly conclusions will be drawn

So you are a comparing your project with Apple.  Smiley Also Rome was not built in a day  Cheesy


I don't compare myself to Apple, I just pay attention to where they started, this is just the beginning of this project


I see you are very committed to your project and incipte of lot of criticism you are defending your project to be a legit one. All of us has no ad intention towards you but we are raising the concerns which we feel here. Anyways i will be following this project in the next couple of weeks to see where it is going. Mind it that you cannot scam for a long time and if your project is good one, then all these negative comments will be turned positive in your favor.
legendary
Activity: 3808
Merit: 1723
February 23, 2020, 11:54:17 PM
#27
The reason why you are getting tons of critisisms is because of the way you are presenting your site. Generally when a site is half finished, poorly designed, bad english, unprofessional ANN in this forum then 9 times out of 10 it was a scam in the past.

You might be legit and not scam people but the way you desribe everything makes it seem like you just want to make a quick buck scamming people. Take the site offline, finish it properly, correct all the errors, read the comments in this thread and follow them and then relaunch it.

We also need some proof of provably fair and some form of cold storage to prove solvency. You should sign your BTC address with todays date and a message to prove you have enough funds to pay out the gamblers incase the site becomes slightly unprofitable temporarily due to variance.
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
February 23, 2020, 05:53:23 PM
#26


These are all nice stories, you know. But that still says nothing about the provably fair system.

It's like saying, send me your money and I'll pick a few people to share the spoils with.


Hi
it's hard to prove, the scheme is logical, the algorithm chooses, not me , therefore, ten people are needed to prove
otherwise how can I do it , you want, I will send you the source code for the algorithm Grin , I don't force anyone to play
everybody will do as he thinks

Knowledge is the virtue, you know? First, research what provably fair means. You have a lot of information on this topic on bitcointalk as well. Then, you will realize that this rambling of yours makes no sense.

EDIT: Here are some topics that might be of interest to you:
Why YOU should really care about Provably Fair...
"Provably Fair": How Fair & Provable is it?
What is a "Provably Fair" and How does it work?
newbie
Activity: 14
Merit: 0
February 23, 2020, 05:30:20 PM
#25


These are all nice stories, you know. But that still says nothing about the provably fair system.

It's like saying, send me your money and I'll pick a few people to share the spoils with.


Hi
it's hard to prove, the scheme is logical, the algorithm chooses, not me , therefore, ten people are needed to prove
otherwise how can I do it , you want, I will send you the source code for the algorithm Grin , I don't force anyone to play
everybody will do as he thinks
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
February 23, 2020, 05:11:11 PM
#24


These are all nice stories, you know. But that still says nothing about the provably fair system.

It's like saying, send me your money and I'll pick a few people to share the spoils with.
newbie
Activity: 14
Merit: 0
February 23, 2020, 04:19:48 PM
#23
I may have misrepresented this project , thank you for your comments I will try to present it differently
the site has been designed to order the algorithm was created by the company HONETI
https://honeti.com/
we are applying for licenses for our algorithm in the company https://itechlabs.com/
it will take a while because it is a very expensive procedure
this site is not a casino this is one game using only Bitcoin you can say this is an offline game
but there is communication between players , chat is available on the site players can exchange insights directly on the site
when it comes to support we are available to chat where it is possible to create private rooms
and on our chat channel in the telegram program https://t.me/BitcoinBetGame2020
how our service works
here we are not based on classic algorithms like in big casinos our algorithm uses a decimal system
that's why we don't need financial security
Ten people are always needed to run the game that's why your chances of winning are completely justified for example, ten people bet on lotteries 90% then out of these ten people nine wins
the tenth player's pool is divided into ten parts nine parts are transferred to nine wins and tenth is our commission
The funds are immediately transferred to the player's account and are immediately ready for withdrawal
we used three different levels
90% chance to win   + reward 10%
80% chance to win   + reward 20%
70% chance to win  + reward 30%
when it comes to the referral system we offer $ 100 for inviting ten players $ 1,000 for inviting a hundred players , all invited players must achieve active player status that is, he must play in ten lotteries no matter what we finance rewards from commissions and the rest of our funds

https://bitcoinbetgame.com/#/
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
February 23, 2020, 04:06:52 PM
#22

That's right, this is not a gambling site, this is just one game

Nevertheless, you should still make the game provably fair from a technical standpoint. No one in their right minds would blindly believe on your word that the game is not rigged.
newbie
Activity: 14
Merit: 0
February 23, 2020, 03:41:03 PM
#21
Way too many red flags here op. Let me summarize my views:

- Horrible ANN thread
- No live customer support
- No way to prove that your games are 100% fair
- Site name is way too shady
- Site design is pretty bad

Overall, this might not be a scam, but you need to improve in all these departments if you wish to attract gamblers.
If only op would consider your suggestion then the op can edit the ann thread to make it better, prove the fairness to people here  and have a live customer support for the people who might experienced an issue in the site. The site name in my opinion doesn't feel like a gambling site but more of a game that is cryptocurrency based game.


That's right, this is not a gambling site, this is just one game
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
February 23, 2020, 02:51:29 PM
#20
Way too many red flags here op. Let me summarize my views:

- Horrible ANN thread
- No live customer support
- No way to prove that your games are 100% fair
- Site name is way too shady
- Site design is pretty bad

Overall, this might not be a scam, but you need to improve in all these departments if you wish to attract gamblers.
If only op would consider your suggestion then the op can edit the ann thread to make it better, prove the fairness to people here  and have a live customer support for the people who might experienced an issue in the site. The site name in my opinion doesn't feel like a gambling site but more of a game that is cryptocurrency based game.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
February 23, 2020, 02:37:29 PM
#19
Way too many red flags here op. Let me summarize my views:

- Horrible ANN thread
- No live customer support
- No way to prove that your games are 100% fair
- Site name is way too shady
- Site design is pretty bad

Overall, this might not be a scam, but you need to improve in all these departments if you wish to attract gamblers.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
February 23, 2020, 12:21:51 PM
#18
Welcome to this forum! It's understandable that you want to advertise your website here, but you need to understand that even though our feedback might be harsh, we're trying to help you out.
First of all, op, please quote properly, without incorporating your answers into the quotes. It makes it hard to differentiate the questions from your responses.
Secondly, make a nice ANN thread, similar to those other websites have (with screenshots, links and stuff like that).
Finally, no offense but the website's design with winning opportunities and a creeping line don't encourage me to trust this website.
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