I hope you're all doing well!
Since this is just on developing period i guess this wont be appropriate to be posted on this gambling section but either on project development or announcement boards (correct me if im wrong).
Towards the project im little bit curious yet you had mentioned that this wont really be just like a typical game against the house.
From the description he wrote it sounds a lot like a game which i made back in 2016
https://www.youtube.com/watch?v=C--rJtSVj_c ( it doesnt exist anymore so not advertisement)
Im wondering how are you gonna make a provably fair system for this kind of game?
Hash/salt/roll isn't really it, because you(house) could still see the outcome of the game before everyone else does.
I agree that this is a problem. It's a problem with the entire provability system itself though. The owner of Bustabit said that the number generates before the game starts to prevent it from sniping big players. Whether or not he's telling the truth is an entirely different proposition. I think it's still good to implement provability fair regardless.
Not 'something new' entirely.
I've seen things like this on multiple occasions - and yes, in the crypto sphere, not somewhere else.
Things like fish bite fish cross my mind.
Never heard of that one and Google doesn't show much.
It's an interesting idea but I'd be worried the platform would be dominated by a few players that group up to game the system.
Would it also be provably fair?
I've thought about this too. That's why I believe there should be multiple servers that people can participate in with minimum amounts. The incentive for big players to snipe smaller players won't be there when they could instead bet with other high rollers on their own network. Basically, if you have fees each round and a whale comes along to bet then the fees won't make it worthwhile.
To answer your question: yes!
This isn't just a random dice game or bust before a specific number. Tried and saturated. Envision a pool of funds that people contribute to. The people who pay more have a higher chance of winning. In effect, this a bit like a lottery or a raffle. Just without having to specifically guess a number. The more tickets you buy; the higher chance you have. This is sure to incentivise competition among players which in turns means more revenue for us.
As far as I understand this game basically turns out to be just about the money? Can you, let's say, but 100% of tickets and win? If the difference in the price of the ticket and the prize is big enough it would still make sense. At the same time it would make the game fair. I mean there are so many people, who bet and gamble when they don't have much money just because of the hope to win. With your rules whose people will see their chances to win and won't get involved eventually.
PvP idea sounds great to me, each one will want to invest more to gain more and that's how the game gets more interesting - the prize cost rises, right?
And about working with you - do you consider paying cash, or is it just the % of a profit, that one will get for work?
The prize comes from the placed bets itself. It would be impossible to have a single person betting. The game at the very minimum requires two people to work.
If I were to pay cash, it would have to be for a finished product, not hours worked. But that would be at sacrifice of your future share of the profits. I think it's better to receive a continuous payment month-after-month than just a single payment. Are you in this for short-term gains or long-term?
We're still looking for a backend developer!