How is the funding search process going ? Have you guys found any investors that would be interested in funding the project ? I know it must be crazy hard to find an investor who wouldn't mind paying money for a project that has %0 house rake because it would be really difficult to make the money back, even on projects that are totally irrelevant to casinos people prefer to invest into stuff that has monthly recurring revenue instead of just advertisement money.
But, no matter what the user numbers on the beta must be saying how much visitors and how many users and how many active betters are there which would kind of show how much you could make from advertisement as well and that could help you get some investors. We are really looking to get out of the beta process and I know it will be hard without an investor so please keep us updated.
Topic: SocialBet.io :: Know how are we going to monetize a casino with TRUE ODDS - page 2. (Read 1649 times)
April 02, 2019, 04:17:24 AM
April 02, 2019, 02:55:28 AM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that.. Also how are you going to maintain the servers if you don't take an edge?
This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.
If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.
gambling site wont able to sustain for long term if they would continue not to be profitable.We know that these are businesses and in order to survive they would need to earn money
and without it then expected for this to fail and die.
We are not going to monetize the game. But shall monetize the project. And we will get a profit. We understand that it is very unbelievable and uncommon, but the day has come!
Technologies + our creativeness will solve the problem April 02, 2019, 02:45:04 AM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that.. Also how are you going to maintain the servers if you don't take an edge?
I think this one of there unique features from other online casinos that have this kinds of games.
My question do they need a big sponsors? I cannot understand because they already launch their beta site.
April 01, 2019, 06:22:45 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that.. Also how are you going to maintain the servers if you don't take an edge?
This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.
If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.
gambling site wont able to sustain for long term if they would continue not to be profitable.We know that these are businesses and in order to survive they would need to earn money
and without it then expected for this to fail and die.
April 01, 2019, 12:55:20 PM
Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))
It has been part of this fundraising and few are been honest. I know many of this lottery websites that asked for funding but at the end we see that investors are finding it difficult to come up with good returned on there invest. However, we still have other gambling project that comes here to raise funds and are doing extremely well. April 01, 2019, 12:54:05 PM
Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))
We are not going to disappear. We did and are doing a lot of work every day. Please check our website, pay attention to our site performance, interface and read more about our mission at socialbet.io/about.
I think the only thing that will disappear is your doubts
April 01, 2019, 12:49:02 PM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that.. Also how are you going to maintain the servers if you don't take an edge?
Just give us some time and You will see, that 0 is real. We have really BIG ideas
April 01, 2019, 12:48:11 PM
Why do all lottery tokens only carry out fundraising, and then disappear? Has anyone thought about that? But I think that investing your money in such a project is the same as playing the lottery)))
April 01, 2019, 12:17:24 PM
Warmly want to give my personal feedback based on your website. Website look good and professional, the very first time visiting a gambling platform without any stress of navigation, keep it up as you grow up with others; in the arena of gambling. Also, the games are cool but will recommend you introducing more games into the platform that will make it measure up with others, kudos.
Thank's for feedback.
We have mind-blowing game ideas
April 01, 2019, 09:35:34 AM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that.. Also how are you going to maintain the servers if you don't take an edge?
This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.
If this site is only providing one game which is a pvp raffle game, how can they get big advantages if they offer Zero house edge? There is no advantages at all of offering zero house edge in a pvp based game. I do not even think that it is profitable for them if they provides game like dice/blackjack with 0 house edge.
April 01, 2019, 09:12:34 AM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that.. Also how are you going to maintain the servers if you don't take an edge?
This is also my question to the team a 0% house edge is new to my eyes because how they take to gain profit? For the maintenance of the site however even this online casino has a zero house edge it stil has a big advantages.
April 01, 2019, 09:03:37 AM
I am not a big fan of raffle games. I'd like to see blackjack, roulette or maybe poker & dice with 0% house edge. But I don't know how you will manage to do that.. Also how are you going to maintain the servers if you don't take an edge?
April 01, 2019, 09:01:14 AM
Warmly want to give my personal feedback based on your website. Website look good and professional, the very first time visiting a gambling platform without any stress of navigation, keep it up as you grow up with others; in the arena of gambling. Also, the games are cool but will recommend you introducing more games into the platform that will make it measure up with others, kudos.
April 01, 2019, 08:44:21 AM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?
I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?
I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?
I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?
Here is our KYC point
Quote
We may require complete verification of Your account with all the docs needed in cases required by law
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
by the team to attract more players.
April 01, 2019, 06:29:54 AM
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
Me too.I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.
Yes, we have so many options to register, and we can easily move to another gambling site which doesn't need KYC, and I think we are free to choose the site. That will happen too with the exchanges. So far, I only send my ID to my local exchanges because I am trading on their site and I want to deposit and withdraw from them although I always use third party services to help me to send the money.
And related to SocialBet, we have a choice to register on their site or not, and if they are required to fill KYC, then we can leave them and don't register in their site. That is the simple thing that we can do if we don't want to fill KYC and I think everyone will decide by themselves.
Again, We won't annoy our players with KYC. This is a legal thing to avoid problems with the government.
SocialBet.io is a gambling platform which has been built by gamblers for gamblers. We are one of you. We understand you and if we find a way to remove a KYC, we shall do it immediately For the first we removed the house edge.
And again
Yes we do have a monetization model. We will announce it as we pass security, performance and a lot of other tests 
March 31, 2019, 08:07:58 AM
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
Me too.I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.
Yes, we have so many options to register, and we can easily move to another gambling site which doesn't need KYC, and I think we are free to choose the site. That will happen too with the exchanges. So far, I only send my ID to my local exchanges because I am trading on their site and I want to deposit and withdraw from them although I always use third party services to help me to send the money.
And related to SocialBet, we have a choice to register on their site or not, and if they are required to fill KYC, then we can leave them and don't register in their site. That is the simple thing that we can do if we don't want to fill KYC and I think everyone will decide by themselves.
March 31, 2019, 02:00:24 AM
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
Me too.I usually avoid exchanges, casinos require KYCs.
However, sometimes, I have to do it because I don't have other choices, better exchanges, better casinos, and so on.
So, let's choose what is the best for your interest, and please do KYCs if you don't have other choices.
March 31, 2019, 12:52:24 AM
I have just read your terms and I see that you will full KYC even if I play with cryptocurrencies like BTC. Can you please explain why?
I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?
I don't want to play with FIAT only with BTC will this be possible to withdraw without verification?
I am not sure why do you think so, but we are not full KYC.
Please, can you quote the point that stands for our full KYC?
Here is our KYC point
Quote
We may require complete verification of Your account with all the docs needed in cases required by law
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.
Mostly people hesitate and are not willing to submit the KYC on any site and gambling is one of them. We come to play gambling online only because it is anonymous and we do not want to reveal our identity. If SocialBet.io or any other gambling site will make it compulsory , then we have so many options to move to other gambling sites.
March 30, 2019, 06:03:31 PM
Visit socialbet io I realized that this is a very simple design site.there is no colour sense for the gambling site.the donar who wants to donate they must observed your site design,feature & colour too.there is no extra attracted view. Must needed update to get big amount fund.when i followed your leaders board just shocked to see someone get 62Btc,second one get also 62btc 3rd one get 57btc.how can it possible?is it true?
Read few pages before posting. They were in the test mode at that time. So whatever big amount you are seeing, those were test performances. So don't be shocked with the amount.
How can people win that much bitcoin on that site? How much they use the money so they can be able to win that big amount of bitcoin?
It makes me a shock to see that amount. Is that so easy to win a big amount?
After all, the site was easy to load, and it doesn't take a long time to open a full page.
Look suspicious that's a huge amount to win but it look like a testnet for the site? I will review this gambling site by the way is there any free coins to test your site? You have a 0% house edge compare to other gambling site I hope it that true.
Yes, we are in beta and still testing the platform. Anyone who registers gets fake money to test our game. Also, we use bots to test performance and that huge wins belong to them
March 30, 2019, 04:38:17 PM
Visit socialbet io I realized that this is a very simple design site.there is no colour sense for the gambling site.the donar who wants to donate they must observed your site design,feature & colour too.there is no extra attracted view. Must needed update to get big amount fund.when i followed your leaders board just shocked to see someone get 62Btc,second one get also 62btc 3rd one get 57btc.how can it possible?is it true?
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