Hey there
I will try to answer all questions that I feel are relevant by this post since my last time here. If you feel that I missed something, please quote it to bring it back on the table. If new question(s) come to your mind, also please, do not hesitate to ask on this thread.
So it means, are you are mirror site of this game as you said you are sharing the same pool of players. How are we going to validate such claim?
You are right, bitcoin.com game is a mirror, you can validate this claim by going through their game page, and checking the smart contracts used to perform the rounds of each games. The smart contracts they use are the same as
https://PumpFight.com. By doing that, you'll also notice the pools of players are indeed shared.
having accurate customers support regarding games and other technical issues is almost impossible also.
Unless for a few of them that have the right approach and being up to date with their own services to the extent that none of their customers get stranded while engaging on the casino.
Giving the exact right support is a top priority for every single business, so I do fully agree with you. Creating this thread is part of the process of giving players more room to reach out to the community and admins for eventual help. As our game is fully open source, everyone can dig and find answers if an issue arises for someone.
Our house edge is 0%. PumpFight is not a house based platform, players are betting against each other. But platform's profits should still be generated somehow. So the commission is taken as a percentage from only the winning pool (and not on every bet placed). The commission is taken into account inside the displayed "potential profits" of each bet. Thus, a player knows the exact potential outcome of a winning trade, including the fees of the platform, before the bet is even placed.
I was referring to that by 'house commission'. This type of commission rate gives guaranteed profits to the casinos from each round. The winner side is getting 166% amount when the bet amount is same on both sides. So, the commission rate is around 17% from each round. The commission rate is changing a bit when the bet amount isn't same on both sides. Everyone would address this commission rate as high.
Thank you for pointing this out, and adding more precision to your first post. I think most of the future PumpFight players here would appreciate some words about how actually the payouts and commission works, even though as all of this information is already publicly available, I am sure the current players that registered from here did already checked the full games terms
In short : the platform gets 5% flat fee from only the winning pools. There is no fee anywhere else in the platform. But as I mentioned earlier :
So the commission is taken as a percentage from only the winning pool (and not on every bet placed). The commission is taken into account inside the displayed "potential profits" of each bet. Thus, a player knows the exact potential outcome of a winning trade, including the fees of the platform, before the bet is even placed.
The multiplier the players bets for, as an outcome of the pool he enters, is the actual multiplier he is aiming for : already taking the platform fee into account.
Also, it may sometimes happen that there is some ties on some assets. The starting price of the round may be the same as the ending price of the round, in that case the funds are distributed back to players and the platform does not get any fee from the round (because there is no "winning pool").
Thanks to this commission structure, some players do even engage in an arbitrage strategy, taking only advantaged trades. Due to the PVP nature of the games, payouts can sometimes go as high as 300%-400%.
And why exactly do you see a 17% potential "fee" in the payout, is because on that particular pool : 12% is redistributed to the users as Jackpot (as for now), for liquidity purposes.
The pool you picked up is the only one with such high percentage going back to the users as Jackpot and not as direct payout. It is usually and for most pools only 1% that goes to Jackpot funds.
You can verify the platform commission is 5% for every game by heading to the smart contract -> read contract -> feeJackpotPercentage (fee used as Jackpot) / feePercentage (actual platform fee).
Here are all the smart contract of our games :
Forex EUR/USD 30' :
https://explorer.playblock.io/address/0x0167BbB18EF14EB9781c525c163BB92d8D8FFEFF?tab=contractForex EUR/USD VIP 30' (higher limits) :
https://explorer.playblock.io/address/0xAfE7B716479022faC516F418427Fb5FE5968EcB0?tab=contractForex JPY/USD 30' :
https://explorer.playblock.io/address/0x5b667c710d7344670b7099eB2536303Cd2663be6?tab=contractForex JPY/USD VIP 30' (higher limits) :
https://explorer.playblock.io/address/0xa522abb205Cfcb90482cdc9DD4aC53f5A3ECC37E?tab=contractForex GBP/USD 30' :
https://explorer.playblock.io/address/0x41D1dd7cCa5923495B75d635C744190C2cc1b1C5?tab=contractGold 30' :
https://explorer.playblock.io/address/0x061581a325fFc28a3521290e283D891040365f1D?tab=contractGold VIP 30' (higher limits) :
https://explorer.playblock.io/address/0xE1B06cF9636e7D7cd051af5e84339326303cD401?tab=contractOil 30' :
https://explorer.playblock.io/address/0x2Fd3E66Bb90De43B6204d491729727040c684efc?tab=contractNASDAQ 30' :
https://explorer.playblock.io/address/0xE1a24DCd7C81198E653f7b7e1D36793bDab4DA7d?tab=contractBTC 5' :
https://explorer.playblock.io/address/0x3A8C045BD27d0C059d8A3C0110267c4d2822e9bD?tab=contractBTC 15' :
https://explorer.playblock.io/address/0x02D3056B85578f1711481fD70Ae95e796B286697?tab=contractBTC 30' :
https://explorer.playblock.io/address/0x41d35a75b7E16114E6A11B8b52c3Eea3A48D38cC?tab=contractETH 60' :
https://explorer.playblock.io/address/0xDae35d2D5C0Aa167C5D231287328dFc3c1b6F939?tab=contractSOL 60' :
https://explorer.playblock.io/address/0x2AcbFDAAF70697fF195f37b75E4922e61f6176C6?tab=contractBNB 60' :
https://explorer.playblock.io/address/0x021bf434Ddaa1D41261cc2DFBBD6dF9815021035?tab=contractDOGE 60' :
https://explorer.playblock.io/address/0x61eF34c875e9f902fd18F38F387B89586821332B?tab=contractSHIBA 60' :
https://explorer.playblock.io/address/0x43E7Ce35ae4F610A17618B5B0f1d057eEFB5f4D6?tab=contractBTW, these type of betting game now got a heavy competitor against Evolution Games. The different the asset was in real asset but for Evolution Games based RNG not any backed asset. But still the system choose betting side are similar.
With these kind of fee commission are required high comparing to RNG Stock Option from EVO just 5%. How your casino will survive against them.
Based on that, this is a good thing for us : we have same commission, but we play with real assets at
https://pumpfight.com/trade : (Crypto, Forex, Nasdaq, Gold, Oil).
It's really tough to believe that your site which relies on a simple BTC prediction game has such high liquidities op. Liquidity can be checked on our smart contracts.
We do not rely on a simple BTC prediction game, but a BTC, ETH, SOL, BNB, DOGE, SHIBA + Forex, Gold, Oil prediction games.
And for this casino, they are likely a scam, to have such a exortant amount in total wins paid in their very short time of operation is very fishy, and again, their claim of being audited by certik is a lie until they provide their audit report link, every certik audit comes with a report link that can be accessed, viewed by anyone, without them providing that link, their claim of being auditted can certik is a lie.
As our games are open sourced, you can track the actual volume of games by yourself. You can do this by clicking on one of the last game, and head to "Check Hash", all transactions are public. Each games relies on one smart contract, for example the BTC 15 second pool is played on this smart contract : 0x02D3056B85578f1711481fD70Ae95e796B286697 (in the Playblock blockchain :
https://explorer.playblock.io/address/0x02D3056B85578f1711481fD70Ae95e796B286697).
Here is the Certik audit link of our smart contracts by the game provider, Playnance :
https://skynet.certik.com/projects/PlaynanceDamn I've been looking for a game like this!
Market based and like binary options. There used to be so many sites that had simple up/down bets and a 1.9 multiplier but they all shut down.
Making it more P2P might be a better solution. I'll surely be looking into this. Looks very promising.
You can give a try PumpFight. We often have 1.9 and higher multipliers due to our PVP nature.
There are accusations that the service is a mere copy. What's the link to the original?
Again, there is no copy. We all are partners at the same level with the game provider.
Bitcointalk is a forum of specialists. I believe most players who registered and are now actively playing from this forum did their due diligence before interacting with our games.