SocialBet.io :: Know how are we going to monetize a casino with TRUE ODDS - page 3.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Quote from: socialbet on March 29, 2019, 05:04:20 AM

Quote from: wwzsocki on March 29, 2019, 04:28:55 AM

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

Exactly this is the rule I am talking about, thanks for the quote. How do I know if KYC will be not required by law when I will withdraw? I am from the EU.

xvids

sr. member

Activity: 1176

Merit: 301

So this is player vs player bet and the site wouldn't get anything from the bets.
And the game is like lottery in freebitco the more ticket you have the higher your chance in winning.
I like the idea but how would we or you know if the law in our country require a KYC in your site?
Gamblers could use VPN to change their IP location.

coinplus

legendary

Activity: 1386

Merit: 1058

I think that is a legal requirement, they have to do that. So, all in all if a government or part of it asks socialbet for information regarding a customer for something suspicious socialbet has to follow with it otherwise they would be breaking the law.

As long as socialbet doesn't just ask for kyc on people who just won big (aka cloudbet 330 bitcoin thing) than it is fine, the kyc should not be for people who win or lose big, it should be for people who are looked by the government and when that day comes and it is asked by them than of course socialbet has to follow the regulations and laws of the country they are based in and give them the information asked. It is not about what socialbet wants or does this is the law in many countries. KYC upfront is not nice but KYC when required is expected.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: examplens on March 29, 2019, 04:13:32 PM

Quote from: socialbet on March 29, 2019, 03:51:32 PM

Quote from: Pamadar on March 29, 2019, 05:48:53 AM

Quote from: socialbet on March 29, 2019, 05:04:20 AM

Quote from: wwzsocki on March 29, 2019, 04:28:55 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 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

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

no matter which amount is in question? So there is no problem to withdraw 5BTC?

Although it is no problem, I suggest withdrawing for small amount day by day so the system will not beep and investigate you. It already happens in the other gambling site, and I don't want you to get the same experience as them. So it's better to withdraw with safety and don't make an alarm for them.

tanvir232

member

Activity: 252

Merit: 10

Personally i visit your site socialbet io.the graphics design of the site and all games are very gorgeous and attracted too.its very easy to use for beginner.All information looks very cool.more update,more player in site.

examplens

legendary

Activity: 3472

Merit: 3507

Crypto Swap Exchange

Quote from: socialbet on March 29, 2019, 03:51:32 PM

Quote from: Pamadar on March 29, 2019, 05:48:53 AM

Quote from: socialbet on March 29, 2019, 05:04:20 AM

Quote from: wwzsocki on March 29, 2019, 04:28:55 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 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

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

no matter which amount is in question? So there is no problem to withdraw 5BTC?

socialbet

newbie

Activity: 48

Merit: 0

Quote from: Pamadar on March 29, 2019, 05:48:53 AM

Quote from: socialbet on March 29, 2019, 05:04:20 AM

Quote from: wwzsocki on March 29, 2019, 04:28:55 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 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

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

Absolutely yes!

StickyFingaz

newbie

Activity: 6

Merit: 0

Quote from: beerlover on March 29, 2019, 09:25:30 AM

I think the other poster for socialbet was a bit more professional, if you guys want to be taken seriously it would be better if socialbet account responds instead of stickyfingaz. I mean nobody really wants to see their casino respond with "bro" and than ask for a funding.

I think it would be wiser for a company that definitely has this much potential needs to find "business" people at heart as well, I know finding the developers and the designers are the main bulk of the production but if you are lacking funding and you need marketing than you need some "business" people who can do those sort of things, I know those type of people are not loved in coding and startup worlds but those are the ones that help you out during this stage of the company.

Thanks for the advice!

This is my own profile and I am a developer

.
Socialbet's account is monitoring our marketing guy.

beerlover

legendary

Activity: 3052

Merit: 1188

I think the other poster for socialbet was a bit more professional, if you guys want to be taken seriously it would be better if socialbet account responds instead of stickyfingaz. I mean nobody really wants to see their casino respond with "bro" and than ask for a funding.

I think it would be wiser for a company that definitely has this much potential needs to find "business" people at heart as well, I know finding the developers and the designers are the main bulk of the production but if you are lacking funding and you need marketing than you need some "business" people who can do those sort of things, I know those type of people are not loved in coding and startup worlds but those are the ones that help you out during this stage of the company.

legendster

hero member

Activity: 1778

Merit: 764

www.V.systems

Quote from: socialbet on March 10, 2019, 01:57:50 PM

The beta version of SocialBet is now open for players worldwide.

SocialBet, a transparent and fair gaming platform, is now launched to the world. Designed with special attention to players and their opinions, our top-notch gaming space is made to bring the social aspect back into gambling. That is why SocialBet is completely free, i.e. the house edge is 0%.

The bold decision to reject the house edge once and forever is speaking volumes about our commitment to greater player experience. We enter the market with a clear goal - to deliver an honest and free platform created by gaming enthusiasts for players.

We will be following player experience with great care and attention because your feedback will shape SocialBet into an ultimate user-friendly and player-facing environment. On the early stage of the launch, the beta version will run bots to diversify the actions within the platform. On this occasion, we strongly encourage all players to unveil the full potential of socialbet.io, try out every feature and button and even find bugs. This outstanding interaction will help us, the developers, to improve the game and boost the entertainment to the maximum.

Check socialbet.io

Have you approached Wefunder?
They may be the perfect place for you to raise funds.

Since you have a weird KYC policy, I would suggest you to fix that first and then approach Wefunder. See how things turn out. If you evolve your betting site into something like Wagerr, then you could become a bigger player down the line in this sector.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: socialbet on March 29, 2019, 05:04:20 AM

Quote from: wwzsocki on March 29, 2019, 04:28:55 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 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

So for my understanding, you are not requiring KYC unless it will be required by law, so it's your justifications when a player needs to comply
with KYC procedures, any time a player can deposit and withdraw without any problem as long as they are not cater of this conditions.

socialbet

newbie

Activity: 48

Merit: 0

Quote from: wwzsocki on March 29, 2019, 04:28:55 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 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

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

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?

StickyFingaz

newbie

Activity: 6

Merit: 0

Quote from: ballerin and giroud on March 28, 2019, 10:30:28 PM

Quote from: StickyFingaz on March 28, 2019, 01:31:54 PM

Quote from: AhmadM on March 28, 2019, 10:07:00 AM

Quote from: StickyFingaz on March 27, 2019, 01:41:39 PM

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi

https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.

Do you have a plan to looking for funding? If you just offer everyone in this forum with gambling that you have I think it is not good idea. You have to find other ways, as mentioned above and explain the gambling project that you have well.

We are also looking for investors not only through the web. We are already negotiating with angel investors, participation in different forms, etc.

ballerin and giroud

member

Activity: 868

Merit: 16

Quote from: StickyFingaz on March 28, 2019, 01:31:54 PM

Quote from: AhmadM on March 28, 2019, 10:07:00 AM

Quote from: StickyFingaz on March 27, 2019, 01:41:39 PM

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi

https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.

Do you have a plan to looking for funding? If you just offer everyone in this forum with gambling that you have I think it is not good idea. You have to find other ways, as mentioned above and explain the gambling project that you have well.

StickyFingaz

newbie

Activity: 6

Merit: 0

Quote from: AhmadM on March 28, 2019, 10:07:00 AM

Quote from: StickyFingaz on March 27, 2019, 01:41:39 PM

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi

https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

We are very determined, but Out resources are limited, we try to find investment to involve more people.
Mobile fixes are coming soon.

AhmadM

sr. member

Activity: 1008

Merit: 308

Quote from: StickyFingaz on March 27, 2019, 01:41:39 PM

Bro we do our best, but we are a team of enthusiast and we do it everything from our own poket.
Look at our donations - 0 Satoshi

https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

I'm sorry if my question before makes offended you in somehow, I just want to know how your seriousness in the project and are you set a target on it or not.

d1ceplayer

sr. member

Activity: 686

Merit: 277

I think ICO wouldn't be really a great way of going for a casino, after all you would need to create a new coin and that coin would be useless and would just be like "share of the casino" and all that which is not really the ideal solution. I think you could go with the investment option so many casinos do, they do it for bankroll but you can do it for all things regarding the casino, yeah I know it sounds weird but it can totally work.

Just an on-site investment like other casinos, check out crypto-games and all that and they have "bankroll" investment options for users, the only difference would be you would be taking money not for bankroll (since you do not need it) but for marketing and all that, you can repay people with interest later on when you start making money. That seems to be the only logical option left aside from literally selling shares of your casino.

socialbet

newbie

Activity: 48

Merit: 0

Quote from: MakeMoneyBtc on March 27, 2019, 04:58:48 PM

Quote from: pinoycash on March 27, 2019, 03:53:02 PM

Quote from: socialbet on March 27, 2019, 03:34:28 PM

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good %

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform Cheesy

Plus ETH Token creation can easily be done if you are a real developer.

Those ICO projects that do it the cheapest way usually end up as bad as they started. An ICO would be a good idea for the OP but it's not as easy as it seems. First of all a good ICO has a professional website created with good and quality informations available on it. Then an ICO should be promoted a lot which requires some money at least at the beginning. And finally they would have to worry about managing their token, adding it to different exchanges and other things like that. So an ICO requires a complicated process and I am not sure if OP wants and can afford that since he is already looking for funding.

Absolutely yes! We are short of resources and can't do all at once. Our team is success oriented and we know that everything must be done at its time. Now it's time for the beta

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

Quote from: pinoycash on March 27, 2019, 03:53:02 PM

Quote from: socialbet on March 27, 2019, 03:34:28 PM

Yes, we agree with you, but an ICO project needs a lot of additional resources.
If there is someone that can help us to do an ICO we may offer a good %

We are open for discussions

Other ICO projects are doing it the cheap way possible with just nothing but promises, Since you have a working product you can simply set up a wordpress website and add the information about your team and details of your casino platform Cheesy

Plus ETH Token creation can easily be done if you are a real developer.

Those ICO projects that do it the cheapest way usually end up as bad as they started. An ICO would be a good idea for the OP but it's not as easy as it seems. First of all a good ICO has a professional website created with good and quality informations available on it. Then an ICO should be promoted a lot which requires some money at least at the beginning. And finally they would have to worry about managing their token, adding it to different exchanges and other things like that. So an ICO requires a complicated process and I am not sure if OP wants and can afford that since he is already looking for funding.

Topic: SocialBet.io :: Know how are we going to monetize a casino with TRUE ODDS - page 3. (Read 1649 times)