Our average Return To Player (RTP) on all game modes is ~ 98%.
So, the house edge is 6.7%
I'm confused...
Topic: Roobet.com | Crypto’s Fastest Growing Casino 🦘 - page 446. (Read 84471 times)
Roobet is a scam casino. Don't bet on it.
In my opinion, a high house edge is fine as long as it clearly displayed on the website so that users can make an informed decision about it. We can't force casinos to lower the HE, so let the free market decides.
Decentralized casino is a myth, lol.
Our average Return To Player (RTP) on all game modes is ~ 98%.
So, the house edge is 6.7%
I'm confused...Decentralized casino is a myth, lol.
Can you explain honest how? Is your casino fully decentralized?
The "honest" part of the casino has been in question for a while now.I mean this house edge deal wasn't really "liked" by a lot of your customers here and there is no one coming here and talking about how awesome it is or how much they liked but there are tons of people who come here and talk about how not proper it is and how they disliked the new house edges that are so high yet for some reason you guys are keep saying many of your customers liked it.
Well, I hope you enjoy people outside of bitcointalk because as long as this continues there will be tons of us who will always focus on how high the house edge here and brigade the topic with this topic and that would make other people see a reason not to play here (why would they when there is much better house edge somewhere else). All in all, I would say fix it.
I got the email from "Roobet"
The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
I didn't receive any email from them. Maybe because I didn't make any deposit yet!The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
However, when you click on deposit you will see that 1 confirmation is still required:
Can you explain honest how? Is your casino fully decentralized?
It doens't have to be decentralized to be honest. I don't get people who support the increased house edge. You can't just tell people "we have increased the house edge but we will be giving you more rewards".
You don't know if people like that or not, you don't know if people prefer less house edge and no rewards or even less house edge and still same rewards because there are places that have Christmas giveaways and races and rewards but still keep it at 1% house edge.
If we can somehow talk to person who decided to increase the house edge would be a good idea then maybe we can put some sense into him. But right now we just have a feedback about how horrible it is to increase the house edge just because there are give aways yet the only response we get is "customers love it". Well they don't, here we are as customers who used to play here and some of us even stopped since the house edge increased and telling you that no the customers don't like it but you are not willing to listen.You don't know if people like that or not, you don't know if people prefer less house edge and no rewards or even less house edge and still same rewards because there are places that have Christmas giveaways and races and rewards but still keep it at 1% house edge.
If you are happy with the house edge and the amount of customers left on the casino and you are willing to lose the customers who will leave because of it, then so be it, we will leave and find a casino with better house edge and you will keep entertaining the customers who are willing to play on a higher house edge.
Can you explain honest how? Is your casino fully decentralized?
I got the email from "Roobet"
The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
You can get a problem if someone using "double spend" the transaction.
How, you selected the user for instant transaction, did the player need to wagger/deposit a minimum amount?
The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
You can get a problem if someone using "double spend" the transaction.
How, you selected the user for instant transaction, did the player need to wagger/deposit a minimum amount?
Yap that's what is meant by instant deposit, means that you can play with your deposit without waiting any confirmations.
Indeed it is a bit risky of double spending, but I do think any sites offering instant deposit are aware about it and knows how to deal with it.
If there is no requirement mentioned on the email, I guess this instant deposit applies to all players without any requirements.
I got the email from "Roobet"
The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
You can get a problem if someone using "double spend" the transaction.
How, you selected the user for instant transaction, did the player need to wagger/deposit a minimum amount?
Instant deposit works if you have sent Bitcoin from your wallet and it is immediately credited to your account and does not require confirmation. AFAIK, anyone can enjoy this instant deposit feature as long as you are registered on the site and make deposits in any amount according to the requirements. The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
You can get a problem if someone using "double spend" the transaction.
How, you selected the user for instant transaction, did the player need to wagger/deposit a minimum amount?
I got the email from "Roobet"
The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
You can get a problem if someone using "double spend" the transaction.
How, you selected the user for instant transaction, did the player need to wagger/deposit a minimum amount?
The email give me information about instant deposit bitcoin, did this feature will be no confirmation for the transaction of bitcoin.
You can get a problem if someone using "double spend" the transaction.
How, you selected the user for instant transaction, did the player need to wagger/deposit a minimum amount?
Lots of our players love it because you can hit 14x very easily compared to 36x
Who loves it? I certainly don't, 36X sounds 2.5X better, perhaps "1% better". It is dishonest for casino to say that one can very easily hit 14X payout, now you are just misleading your customers.When will you pay remaining $9K to yahoo from winning bet your site accepted?
I don't get people who support the increased house edge. You can't just tell people "we have increased the house edge but we will be giving you more rewards".
You don't know if people like that or not, you don't know if people prefer less house edge and no rewards or even less house edge and still same rewards because there are places that have Christmas giveaways and races and rewards but still keep it at 1% house edge.
Make people compete against each other for a prize if you have to but when you make the house edge anything above 1% (except blackjack maybe) then you are making people leave. I am not saying "everyone" will leave, but there will be people who will leave because of high house edge, we don't care about the rewards when we lose that much anyway.
You don't know if people like that or not, you don't know if people prefer less house edge and no rewards or even less house edge and still same rewards because there are places that have Christmas giveaways and races and rewards but still keep it at 1% house edge.
Make people compete against each other for a prize if you have to but when you make the house edge anything above 1% (except blackjack maybe) then you are making people leave. I am not saying "everyone" will leave, but there will be people who will leave because of high house edge, we don't care about the rewards when we lose that much anyway.
@absolutely-positioned Few days ago i've seen "1% house edge" written under each game despite roulette. Now i see that it disappear. I've calculated house edge on dice and its 2,37%. Is it a mistake, temporary increase or permanent? I didn't see any announcement about that. OP still shows 1% house edge.
We are updating this image currently, will be updated today.
Our average Return To Player (RTP) on all game modes is ~ 98%.
You can read more information about our 13 days of Roo promo and site improvements here: https://www.twitlonger.com/show/n_1sr3buq
You should either drop it back to 1% like almost all other casinos or you should make the giveaways and free stuff a lot more so that the reason of "roowards" would make sense. It is your decision of course, you can stick to your guns as well but I think people will move somewhere with less house edge in that case.
We have increased our on-site rains and giveaways on socials drastically. The reward amount on Roowards (our rakeback system) also increases with this change.
This change was indeed made to provide for more ways of giving back to our users as well as increase our marketing for Roobet, you can read more about this here: http://tl.gd/n_1sr3buq
Thats not how its done. Look at Stake fully transparent and they still have all of these bonuses without need to deceive customers
@absolutely-positioned Few days ago i've seen "1% house edge" written under each game despite roulette. Now i see that it disappear. I've calculated house edge on dice and its 2,37%. Is it a mistake, temporary increase or permanent? I didn't see any announcement about that. OP still shows 1% house edge.
We are updating this image currently, will be updated today.
Our average Return To Player (RTP) on all game modes is ~ 98%.
You can read more information about our 13 days of Roo promo and site improvements here: https://www.twitlonger.com/show/n_1sr3buq
You should either drop it back to 1% like almost all other casinos or you should make the giveaways and free stuff a lot more so that the reason of "roowards" would make sense. It is your decision of course, you can stick to your guns as well but I think people will move somewhere with less house edge in that case.
We have increased our on-site rains and giveaways on socials drastically. The reward amount on Roowards (our rakeback system) also increases with this change.
This change was indeed made to provide for more ways of giving back to our users as well as increase our marketing for Roobet, you can read more about this here: http://tl.gd/n_1sr3buq
Return to player 98% is a nice way of saying the house edge became 2%. I mean you can call it whatever you want and you can try to trick and make a good marketing and even give reasons and excuses for it but in the end it is 2% house edge and that is double the crypto world standard. If you want to be like freebitcoin that has 5% house edge but gives a lot of stuff for free and has around 150btc+ on average daily gambling volume than go ahead do that but you are not giving away "that" much stuff so far which means the 2% is not justified yet.
You should either drop it back to 1% like almost all other casinos or you should make the giveaways and free stuff a lot more so that the reason of "roowards" would make sense. It is your decision of course, you can stick to your guns as well but I think people will move somewhere with less house edge in that case.
You should either drop it back to 1% like almost all other casinos or you should make the giveaways and free stuff a lot more so that the reason of "roowards" would make sense. It is your decision of course, you can stick to your guns as well but I think people will move somewhere with less house edge in that case.
"Return to player" - Online slot games often have a published Return to Player (RTP) percentage that determines the theoretical house edge. Some software developers choose to publish the RTP of their slot games while others do not.[3] Despite the set theoretical RTP, almost any outcome is possible in the short term. - Wikipedia
So it's not "nice way of saying the house edge became 2%" and a way to " trick and make a good marketing". Its a well-known phrase used in the gambling nomenclature with definition in Wikipedia.
I do agree that 2% house edge is quite a lot but big part of gambling site do not even share this data. You can calculate them on dice or roulette but it is impossible on crash, slots and other similar games.
@absolutely-positioned Few days ago i've seen "1% house edge" written under each game despite roulette. Now i see that it disappear. I've calculated house edge on dice and its 2,37%. Is it a mistake, temporary increase or permanent? I didn't see any announcement about that. OP still shows 1% house edge.
We are updating this image currently, will be updated today.
Our average Return To Player (RTP) on all game modes is ~ 98%.
You can read more information about our 13 days of Roo promo and site improvements here: https://www.twitlonger.com/show/n_1sr3buq
You should either drop it back to 1% like almost all other casinos or you should make the giveaways and free stuff a lot more so that the reason of "roowards" would make sense. It is your decision of course, you can stick to your guns as well but I think people will move somewhere with less house edge in that case.
So, the house edge is 6.7%
Why should play a game with 6.7% house edge?
Anyone loves this game know nothing about odds, winning chance, house edge, etc.
Assume that the odds for gold coin is 36x,
In this case we should have 37 coins, 18 of coins should be red, 16 of them should be silver and one coin should be gold. If so, the house would be:
HE(If the odds for gold is 36x)=1-((1/37)*36)=0.027
So, if there are 37 coins, the house edge is 2.7% while in a game with 15 coins, the house edge is 6.7%
I cannot understand why users should prefer 15 coins to 37 coins.
As I said, only those who know nothing about house edge love your game.
I see that the last update results in a higher HE for Roulette.
Or if you don't want to change the multipliers/HE, it would be best to inform players (about 6.7%) on the website so they could make informed decision before playing this game.
Thanks.
Lots of our players love it because you can hit 14x very easily compared to 36x
Yes, however, 6.7% HE is actually pretty high. It might drive off some gamblers who are "HE sensitive." You could reduce HE by increasing payouts, perhaps 2.1 for bronze and silver, and 14.7 for gold.Or if you don't want to change the multipliers/HE, it would be best to inform players (about 6.7%) on the website so they could make informed decision before playing this game.
Thanks.
I couldn't find anything about the chance of winning, the house edge and procedure of determining the winning color in roulette
But there are 15 coins. 7 of coins are red, 7 of coins are silver and one coin is gold.
I checked their roulette multiple times to see it myself and I can also confirm that their board consists of only 15 coins which isn't enough for the house edge to reach 2.7%. But there are 15 coins. 7 of coins are red, 7 of coins are silver and one coin is gold.
The changelog needs to be updated since that's the only page where you can see the all of the games house edge at the moment.
Less fields actually increase house edge.
They are NOT HONEST ONLINE CASINO
So, the house edge is 6.7%
Why should play a game with 6.7% house edge?
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