✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token - page 57.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: MusaMohamed on November 12, 2023, 08:31:50 PM

Dumping pressure from airdrop receivers is true and it happens with all projects that distribute airdrops to community. Because airdrop receivers, bounty hunters don't spend any money to invest in the token, they will dump it when they see green candles.

Project teams and market makers after pumping the token will wait a long time for selling pressure from bounty hunters to stop. After hunters dump all tokens they have, a new game will begin.

It is a general game playing from market makers because they are smart enough to not spend money pumping the token while selling pressure from bounty hunters is very big. They will waste money to do it and selling pressure from bounty hunters will affect whales' taking profit price too.

This is a problem for most developers which distribute some of their tokens in the form of airdrops, however the easiest way to counter this is simply by having a good project, as in that case the interest coming from investors will be high and the volume of the token volume will be high as well, so even if the majority of those which got an airdrop sold as soon as possible this will only have a minimal impact on the price, and after that difficult period comes to pass then the coin can finally move according to its true demand.

franzzz95

newbie

Activity: 3

Merit: 0

Quote from: Mahdirakib on November 13, 2023, 02:30:28 PM

Quote from: franzzz95 on November 13, 2023, 01:03:35 PM

So I don-t understand why the bet is considered Loss. Someone can help me?

The 'general terms' clause and the 'match result' clause says this:

Quote from: https://shuffle.com/info/sports

General Rules
Default setting is Result, which will settle the market as soon as the point that decides the outcome of that market is confirmed. In the event of a retirement, already-decided markets will stand and uncompleted markets will be voided.

Match Result
Market is settled after the final point of the match is confirmed. If match ends with retirement or default, market will be settled according to Exceptional Winner Settings.

Based on the general terms, your bet should have been voided. But there is a different rule of "Exceptional Winner Settings" in the match result clause. Perhaps, your bet was counted as loss for the 'Exceptional Winner Settings'. You have to ask them how the decision was taken. BTW, Houkes had won the first set, and was ahead in the second set too.

the assistance said me that they are waiting the responsible for the sports section. Thank you for your consideration. I will let you know how this story ends

Mahdirakib

legendary

Activity: 1946

Merit: 1026

In Search of Incredible

Quote from: franzzz95 on November 13, 2023, 01:03:35 PM

So I don-t understand why the bet is considered Loss. Someone can help me?

The 'general terms' clause and the 'match result' clause says this:

Quote from: https://shuffle.com/info/sports

General Rules
Default setting is Result, which will settle the market as soon as the point that decides the outcome of that market is confirmed. In the event of a retirement, already-decided markets will stand and uncompleted markets will be voided.

Match Result
Market is settled after the final point of the match is confirmed. If match ends with retirement or default, market will be settled according to Exceptional Winner Settings.

Based on the general terms, your bet should have been voided. But there is a different rule of "Exceptional Winner Settings" in the match result clause. Perhaps, your bet was counted as loss for the 'Exceptional Winner Settings'. You have to ask them how the decision was taken. BTW, Houkes had won the first set, and was ahead in the second set too.

franzzz95

newbie

Activity: 3

Merit: 0

Quote from: Little Mouse on November 13, 2023, 01:10:14 PM

Quote from: franzzz95 on November 13, 2023, 01:03:35 PM

Hello,

it was my first day on shuffle.com. I placed a bet on tennis. It was settled uncorrectly.

Have you contacted their support? You will get faster solution there I think.

They said me that the bet was settled correctly

Little Mouse

legendary

Activity: 2156

Merit: 2100

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Quote from: franzzz95 on November 13, 2023, 01:03:35 PM

Hello,

it was my first day on shuffle.com. I placed a bet on tennis. It was settled uncorrectly.

Have you contacted their support? You will get faster solution there I think.

franzzz95

newbie

Activity: 3

Merit: 0

Hello,

it was my first day on shuffle.com. I placed a bet on tennis. It was settled uncorrectly. The match was Elias vs Houkes in the challenger Montevideo. I bet on Gastao Elias. The player Gastao Elias retired but my betting was considered Loss. On every gambling website this bet would be refunded and the match considered voided.

The Terms and Conditions https://shuffle.com/info/sports say - For abandoned matches markets that have not reached their natural conclusion yet will be automatically voided.

So I don-t understand why the bet is considered Loss. Someone can help me?

This is my bet https://shuffle.com/?modal=sportBet&md-id=Rf3GUdxcBiDARqDzawBDbH

UPDATE: I contacted the support, they say me that the bet was settled correctly.

o48o

legendary

Activity: 3038

Merit: 1166

Leading Crypto Sports Betting & Casino Platform

Quote from: Wapfika on November 13, 2023, 07:56:03 AM

-cut-
Buying tokens using the profit on an open market is equivalent to profit sharing since the price will pump due to the buy pressure cause by the buy back. This is much better than Staking that use the reserve token to reward holders while the circulating supply is flooded in the market due to the rewards.

Oh, right, then it was basically semantics, as i thought you were talking about diving dividends to pseudonymous token holders, which is against securities laws in most countries that have laws in the first place.
Buying the token back from the market and burning it is a clever way to get around that, as it doesn't promise income vi dividends or price growth, even though with right tokenomics can definitely do that.

Quote from: Wapfika on November 13, 2023, 07:56:03 AM

Probably you didn’t know how utility token works. Security Token is the one that being target by regulators and not utility token. As long as they didn’t sell tokens to US token and other country that has strict law then they don’t have any problem to regulators. Don’t assume US SEC covers world wide. I assume you are referring to US SEC since they are the only one that is too strict to token sale. Cheesy

I am aware how utility tokens work, but it's a common mistake of thinking that any token sale outside US would fly. SEC is just most famous organization that's overseeing securities in US and investment opportunities that companies outside US are offering to US citizens. Other regions have their own versions of securities regulation oversight, and it's not just a wild west in everywhere else, in fact regulations can be tighter.

I am pretty positive that their team has legal section that is giving them solid advices on this, and they know their stuff, but i've been seen token sales going south so many times before, that it makes me skeptical.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: o48o on November 12, 2023, 07:43:07 PM

Quote from: Wapfika on November 12, 2023, 12:34:04 PM

Quote from: o48o on November 11, 2023, 06:10:39 PM

I don't have an opinion about the public sale, that's apparently happening with SHFL as well, because i don't have enough data on that, but i feel that's a little iffy, and i don't get why they would need to do this. If they indeed are selling them against crypto.

And it's not like everyone would be dumping at once. These 3 reasons are enough for many people to hodl or even buy more. Especially buyback and burn with fixed supply sounds juicy.

One utility of Shuffle token is profit sharing from the casino through distribution to token holders. The team also announced that the token will be listed on exchange which means they need money for liquidity pool to absorb airdrop tokens that will potentially sell or to have a trading volume.

It’s understandable if they do a public sale to cover for liquidity since they will share their profit to token holders. I believe the airdrop is part of rewarding loyal customers.

Either you misunderstood or i am missing some key information here. To my knowledge they aren't distributing any profits for tokens holders, but they are using profits to buy those tokens from the market and burn. Which is actually way better and way more legal method.

Buying tokens using the profit on an open market is equivalent to profit sharing since the price will pump due to the buy pressure cause by the buy back. This is much better than Staking that use the reserve token to reward holders while the circulating supply is flooded in the market due to the rewards.

Quote from: o48o on November 12, 2023, 07:43:07 PM

And yeah, i do get the liquidity pool part. I just don't agree that raising money that way would be a good idea. Token sales clash with regulators all the time, because they are often marketed illegally.

Probably you didn’t know how utility token works. Security Token is the one that being target by regulators and not utility token. As long as they didn’t sell tokens to US token and other country that has strict law then they don’t have any problem to regulators. Don’t assume US SEC covers world wide. I assume you are referring to US SEC since they are the only one that is too strict to token sale. Cheesy

BABY SHOES

sr. member

Activity: 294

Merit: 433

HODL - BTC

Quote from: Wapfika on November 11, 2023, 11:28:14 AM

I agree on this too so that holders can benefit when bullrun comes but the problem is probably they are still not ready yet to distribute since they will need to prepare the utility first before they release.

You can actually still benefit because after the halving it's unlikely to be an immediate bullrun because you have to wait a few months and that's as usual with previous cycles, rest assured that the Shuffle token will be released at the beginning of the year that's what they said so it could be before the halving if you're expecting it.

It's my guess now that the developers haven't set up the utility yet or are building what they plan to do in the future, but this token is community-only not for pre-sale.

Quote from: o48o on November 12, 2023, 07:43:07 PM

And yeah, i do get the liquidity pool part. I just don't agree that raising money that way would be a good idea. Token sales clash with regulators all the time, because they are often marketed illegally.

What do you mean by token sales clashing with regulators? Is there a rule that casinos can't tokenize and pre-sell? I don't think there is such a rule.

Then in the market illegally? I honestly don't understand what this means because it's not possible for them to do this and to market on DEX for example I don't think it's illegal is it?

MusaMohamed

sr. member

Activity: 966

Merit: 306

Quote from: o48o on November 11, 2023, 06:10:39 PM

I don't have an opinion about the public sale, that's apparently happening with SHFL as well, because i don't have enough data on that, but i feel that's a little iffy, and i don't get why they would need to do this. If they indeed are selling them against crypto.

And it's not like everyone would be dumping at once. These 3 reasons are enough for many people to hodl or even buy more. Especially buyback and burn with fixed supply sounds juicy.

Dumping pressure from airdrop receivers is true and it happens with all projects that distribute airdrops to community. Because airdrop receivers, bounty hunters don't spend any money to invest in the token, they will dump it when they see green candles.

Project teams and market makers after pumping the token will wait a long time for selling pressure from bounty hunters to stop. After hunters dump all tokens they have, a new game will begin.

It is a general game playing from market makers because they are smart enough to not spend money pumping the token while selling pressure from bounty hunters is very big. They will waste money to do it and selling pressure from bounty hunters will affect whales' taking profit price too.

o48o

legendary

Activity: 3038

Merit: 1166

Leading Crypto Sports Betting & Casino Platform

Quote from: Wapfika on November 12, 2023, 12:34:04 PM

Quote from: o48o on November 11, 2023, 06:10:39 PM

I don't have an opinion about the public sale, that's apparently happening with SHFL as well, because i don't have enough data on that, but i feel that's a little iffy, and i don't get why they would need to do this. If they indeed are selling them against crypto.

And it's not like everyone would be dumping at once. These 3 reasons are enough for many people to hodl or even buy more. Especially buyback and burn with fixed supply sounds juicy.

One utility of Shuffle token is profit sharing from the casino through distribution to token holders. The team also announced that the token will be listed on exchange which means they need money for liquidity pool to absorb airdrop tokens that will potentially sell or to have a trading volume.

It’s understandable if they do a public sale to cover for liquidity since they will share their profit to token holders. I believe the airdrop is part of rewarding loyal customers.

Either you misunderstood or i am missing some key information here. To my knowledge they aren't distributing any profits for tokens holders, but they are using profits to buy those tokens from the market and burn. Which is actually way better and way more legal method.

And yeah, i do get the liquidity pool part. I just don't agree that raising money that way would be a good idea. Token sales clash with regulators all the time, because they are often marketed illegally.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: o48o on November 11, 2023, 06:10:39 PM

I don't have an opinion about the public sale, that's apparently happening with SHFL as well, because i don't have enough data on that, but i feel that's a little iffy, and i don't get why they would need to do this. If they indeed are selling them against crypto.

And it's not like everyone would be dumping at once. These 3 reasons are enough for many people to hodl or even buy more. Especially buyback and burn with fixed supply sounds juicy.

One utility of Shuffle token is profit sharing from the casino through distribution to token holders. The team also announced that the token will be listed on exchange which means they need money for liquidity pool to absorb airdrop tokens that will potentially sell or to have a trading volume.

It’s understandable if they do a public sale to cover for liquidity since they will share their profit to token holders. I believe the airdrop is part of rewarding loyal customers.

o48o

legendary

Activity: 3038

Merit: 1166

Leading Crypto Sports Betting & Casino Platform

Quote from: Fivestar4everMVP on November 10, 2023, 10:15:30 PM

Well, I am not very sure, but I think I saw a countdown to the halving somewhere in binance and from the information there, the halving is expected on April and not may as you said or suggested.

Anyways, aside this one, I think alot of altcoins projects are also waiting on the side as well, for the halving and possible bull run to commence so they can start or begin some actions that will capture the attention of investors, this possibly the reason why almost everything pumps during a bull run, because it's hard to know or differenciate a coin or token with good utility and one without any utility but driven by pure speculation.

And this is also why I would always say that the bull run is the worst time to buy or invest in any project, wise investors do their research now and invest in good coins or tokens, when bull run comes, they sell while others are buying, many people end up with sh*t load of altcoins bought during bull run, and most times end up selling it at a loss after the bull run is over, or possibly hodl it to death.

So for me, would have been best they distribute their token now, so they know their price base.
Just my opinion though.

Then again, in the bullrun, people who get the airdrop wouldn't have been invested per se, but there would be definitely people investing. Meaning, like you said, they would be most likely buying overpriced tokens. And i myself wouldn't mind as they would be buying from us.

I don't have an opinion about the public sale, that's apparently happening with SHFL as well, because i don't have enough data on that, but i feel that's a little iffy, and i don't get why they would need to do this. If they indeed are selling them against crypto.

And it's not like everyone would be dumping at once. These 3 reasons are enough for many people to hodl or even buy more. Especially buyback and burn with fixed supply sounds juicy.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: Fivestar4everMVP on November 10, 2023, 10:15:30 PM

Quote from: Wapfika on November 09, 2023, 07:54:53 AM

I believe on the timing too since Bitcoin Halving will be on May while the potential distribution is on April which is a month before halving that typically mega bull run since everyone is positive about the halving.

The team also promised exchange listing that is very good to attract new holders aside from the players who farm the token through playing in the casino. I’m waiting for the team to release the detailed guide on the airdrop specifically the ratio of wager to the amount of token to be received in the future.

Well, I am not very sure, but I think I saw a countdown to the halving somewhere in binance and from the information there, the halving is expected on April and not may as you said or suggested.

You’re right, the estimated date change now since the last time I check it few months ago was the estimated date is on May. Probably the blocks confirmed much faster than estimated date but different website still show different date for the exact halving date though. But I think March - April is now the new target.

Quote from: Fivestar4everMVP on November 10, 2023, 10:15:30 PM

So for me, would have been best they distribute their token now, so they know their price base.
Just my opinion though.

I agree on this too so that holders can benefit when bullrun comes but the problem is probably they are still not ready yet to distribute since they will need to prepare the utility first before they release.

Also, I’m if they will release now are stay on their target date since I’m still accumulating wager in the casino to gain more tokens. Cheesy

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

Quote from: Wapfika on November 09, 2023, 07:54:53 AM

Quote from: Coin_trader on November 09, 2023, 04:58:40 AM

Nice digging. This is highly possible that their token will be distributed on their anniversary as a reward to their loyal customers. It’s good since it might timing to the hype of halving that will make the value of the token explode during the distribution since many investors will be looking for new gem to invest that time.

I believe on the timing too since Bitcoin Halving will be on May while the potential distribution is on April which is a month before halving that typically mega bull run since everyone is positive about the halving.

The team also promised exchange listing that is very good to attract new holders aside from the players who farm the token through playing in the casino. I’m waiting for the team to release the detailed guide on the airdrop specifically the ratio of wager to the amount of token to be received in the future.

Well, I am not very sure, but I think I saw a countdown to the halving somewhere in binance and from the information there, the halving is expected on April and not may as you said or suggested.

Anyways, aside this one, I think alot of altcoins projects are also waiting on the side as well, for the halving and possible bull run to commence so they can start or begin some actions that will capture the attention of investors, this possibly the reason why almost everything pumps during a bull run, because it's hard to know or differenciate a coin or token with good utility and one without any utility but driven by pure speculation.

And this is also why I would always say that the bull run is the worst time to buy or invest in any project, wise investors do their research now and invest in good coins or tokens, when bull run comes, they sell while others are buying, many people end up with sh*t load of altcoins bought during bull run, and most times end up selling it at a loss after the bull run is over, or possibly hodl it to death.

So for me, would have been best they distribute their token now, so they know their price base.
Just my opinion though.

BABY SHOES

sr. member

Activity: 294

Merit: 433

HODL - BTC

Quote from: o48o on November 08, 2023, 06:12:30 PM

But anyway, i was wondering when their snapshot date would be and i noticed this:
....
Does this mean the snapshot would be would be 1st of April, as that's their official inception day? That would like up with their "early 2024" promise.

The snapshot date is not mentioned in detail they just said the beginning of 2024 so that's quarter 1, anyone here Shuffle users can still increase their bets until they fall within the criteria for airdrop 1 requirements.

The weekend is here again with a few more matches starting tonight.

Wolves vs Tottenham, here the bookies give Spurs a fairly high chance because there are a few things to know that Spurs players are injured: Maddison and Van de ven, Romero and Udogie will not play because the previous match got a red card, what an unfortunate situation.
But I believe in Spurs betting again.

Manchester United and Arsenal should win easily, their opponents are teams in the relegation zone.

The other two matches in Serie A that attract attention in multi betting are AC Milan who will probably win against Lecce away from home, because Milan have not won in the last 3 matches.
Juventus vs Cagliari, this will continue the winning trend for Juve.

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: Agbe on November 04, 2023, 11:45:48 AM

Quote from: Wiwo on November 04, 2023, 09:48:27 AM

Quote from: piebeyb on November 04, 2023, 09:36:18 AM

Quote from: Wapfika on November 04, 2023, 09:21:49 AM

They can reward only partial campaign payments as an optional payment method for participants. As signature campaign promoter of Shuffle, I will be happy to hold this token for future purposes since I have faith that token will boom in the future.

I think there is no problem if they pay for tokens, after all there are many examples of casino token projects that have been successful and casinos have become big enough to create high value tokens. Even though there are also some casino tokens that have gone bankrupt, despite all that there is no harm in holding these tokens as long as you are sure that this casino project will continue and become big in the future, as long as you don't buy it. and you get that from your job as a promoter of Shuffle's signature campaign. no one knows the future of this casino.

I tried playing on this site a while ago and haven't visited it, but I just found out they have their own token or I missed it in this thread and don't follow their updates, maybe I'll find out more about their tokens on their site, who know could be an additional reference for me to have a little. Grin

Yes being able to have continuous development and progress, their token will continue to have value and possibly increase in it value as per time and in line with the development of the projects, but if the team become negligent of their responsibility and focuses more on the revenue or taken profits at all cost, this will definitely affect the token on the long run.

So we have to accept with the fact that the success of any project lies with the team and as sensitive as casino projects are, most of them have failed to reach success in token development because of a lack of basic technical knowledge and lack of consistency.

As for now they can't pay with the token fully but can split it if they want it because the token is not yet listed in any exchange and you should also know that many participants withdraw funds every week to settle one thing or the other. So if they pay with the token it will affect many. And what I will advise. Yes it is good for the participants to use the shuffle token therefore Shuffle should ask the participants to create shuffle wallet and add it to the pay list and let them (shuffle) should pay their token there for the participants test run it. And that will help to circle the token very fast. Let the BTC pay be there and let them add their token.

You have a very good point in this regard, they can't possibly force it on anyone and you know people, a little thing they will start irrational attitudes if they do not have access to their money. By this approach you expressed, it's going to be by choice and those who would want to opt for the token must understand how it works and accept the terms of its distribution before doing so, and would have absolved Shuffle of all faults. Nonetheless, since it hasn't been listed on any exchange, a very good approach could still be structured on Shuffle through the member's page.

Though not listed yet, Shuffle could still create an internal exchange platform within their website where an exchange of the tokens could directly go for another coin of the holders' choice. I don't think this could be much of a headache. Besides, kudos to Shuffle for this initiative at a time when we are in the mood for the well-anticipated bull run. This should also help the token to grow.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

Quote from: Coin_trader on November 09, 2023, 04:58:40 AM

Nice digging. This is highly possible that their token will be distributed on their anniversary as a reward to their loyal customers. It’s good since it might timing to the hype of halving that will make the value of the token explode during the distribution since many investors will be looking for new gem to invest that time.

I believe on the timing too since Bitcoin Halving will be on May while the potential distribution is on April which is a month before halving that typically mega bull run since everyone is positive about the halving.

The team also promised exchange listing that is very good to attract new holders aside from the players who farm the token through playing in the casino. I’m waiting for the team to release the detailed guide on the airdrop specifically the ratio of wager to the amount of token to be received in the future.

UchihaSarada

full member

Activity: 434

Merit: 141

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Coin_trader on November 09, 2023, 04:58:40 AM

Nice digging. This is highly possible that their token will be distributed on their anniversary as a reward to their loyal customers. It’s good since it might timing to the hype of halving that will make the value of the token explode during the distribution since many investors will be looking for new gem to invest that time.

I’m still not yet accumulating wager volume on the casino due to my limited gambling time. This weekend is a great time for me though and I hope Shuffle will have an exclusive promotion again for bitcointalk user even in a form of free spin and free bet with just a wagering as requirements.

Time for an anniversary and the cryptocurrency market is in very bullish mode with many altcoins outperforming Bitcoin. The total market cap of altcoins is increasing a lot in the last 30 days. Bitcoin dominance is corrected and pulled back and usually Bitcoin needs a long time to get its dominance back.

I believe we are witnessing a mini altcoin season that can benefit small cap tokens. Hope the Shuffle team will take advantage of mini bull atlcoin season to do something with the token.

Altcoin season index shows altcoins are heating up and they are ready to explode after nearly three years of bear market.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: o48o on November 08, 2023, 06:12:30 PM

Once again missed out because i don't use twitter. I might give up and made a temp new account just for this kind of stuff.

But anyway, i was wondering when their snapshot date would be and i noticed this:

So, first airdrop is 12 month from inception. It took some digging, but i found their first tweet via Nitter

Does this mean the snapshot would be would be 1st of April, as that's their official inception day? That would like up with their "early 2024" promise.

Nice digging. This is highly possible that their token will be distributed on their anniversary as a reward to their loyal customers. It’s good since it might timing to the hype of halving that will make the value of the token explode during the distribution since many investors will be looking for new gem to invest that time.

I’m still not yet accumulating wager volume on the casino due to my limited gambling time. This weekend is a great time for me though and I hope Shuffle will have an exclusive promotion again for bitcointalk user even in a form of free spin and free bet with just a wagering as requirements.

Topic: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token - page 57. (Read 18503 times)