SocialBet.io :: Know how are we going to monetize a casino with TRUE ODDS - page 4.

pinoycash

hero member

Activity: 1316

Merit: 514

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.

socialbet

newbie

Activity: 48

Merit: 0

Quote from: pinoycash on March 27, 2019, 03:29:44 PM

Having a working product can easily raised money for further development.

Why don't you launch a traditional ICO to raise money for further platform development, its been done before by other casino platform and usually ICO casino is an easy sell specially if you have some real transparent team members.

Also a tokenize profit sharing casino platform is attractive to some long term investors.

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

socialbet

newbie

Activity: 48

Merit: 0

Quote from: coinplus on March 27, 2019, 02:48:42 PM

I can sort of understand why you would need investors, funding is a very important part of this business and you would be becoming big much faster with a lot of money.

Moreover, you are known to constantly brag about your zero rake, it is not really "house edge" in your case because its a game where the money you get should be considered rake, house edge is when a game is versus the casino but this game is player versus player mostly, so you have zero rake in the house. It means if an investor wants to fund your project, how would you pay him back, or how would they make money ? You are building a business that basically has no profitable idea so far, in order to fund a project investors usually want to know how you can make money with it, without that there is no point of investing.

SocialBet has different monetization channels. One of them is the ads.
Now we are focused on beta and as we pass it, the monetization model will be announced. We are doing a lot of work every day and we want to do some good job for the crypto community.
We are planning to add a new game at the end of the beta. Still without a rake or whatever you call it

pinoycash

hero member

Activity: 1316

Merit: 514

Having a working product can easily raised money for further development.

Why don't you launch a traditional ICO to raise money for further platform development, its been done before by other casino platform and usually ICO casino is an easy sell specially if you have some real transparent team members.

Also a tokenize profit sharing casino platform is attractive to some long term investors.

coinplus

legendary

Activity: 1386

Merit: 1058

I can sort of understand why you would need investors, funding is a very important part of this business and you would be becoming big much faster with a lot of money.

Moreover, you are known to constantly brag about your zero rake, it is not really "house edge" in your case because its a game where the money you get should be considered rake, house edge is when a game is versus the casino but this game is player versus player mostly, so you have zero rake in the house. It means if an investor wants to fund your project, how would you pay him back, or how would they make money ? You are building a business that basically has no profitable idea so far, in order to fund a project investors usually want to know how you can make money with it, without that there is no point of investing.

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

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

Quote from: AhmadM on March 27, 2019, 01:31:27 PM

Quote from: socialbet on March 27, 2019, 01:09:34 PM

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

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

https://bitref.com/18d6Hp14N6qDEbGYVvfut9jxvbbT4xoHwn

Unfortunately it is pretty hard to receive donations from people when you don't have any previous experience in this gambling domain. You don't have an audience to support you with donations. So I think your best option is to find a person who is willing to invest a big amount of money in your project so you can get it started. Otherwise you will wait months, maybe years to receive donations of 1-2$ until you reach your goal.

StickyFingaz

newbie

Activity: 6

Merit: 0

Quote from: AhmadM on March 27, 2019, 01:31:27 PM

Quote from: socialbet on March 27, 2019, 01:09:34 PM

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

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

AhmadM

sr. member

Activity: 1008

Merit: 308

Quote from: socialbet on March 27, 2019, 01:09:34 PM

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

So the next update is your site can be used by mobile users, how long you will take it? Can you provide us the actual date for the mobile version can be accessible?

StickyFingaz

newbie

Activity: 6

Merit: 0

Quote from: dark08 on March 27, 2019, 09:07:34 AM

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

Bro no one will ask you for KYC

if you won't do suspicious actions.

socialbet

newbie

Activity: 48

Merit: 0

Quote from: dark08 on March 27, 2019, 09:07:34 AM

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

Thank you for your attention. Your feedback is very important to us.
The mobile version is coming soon

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: dark08 on March 27, 2019, 09:07:34 AM

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

One of the best adjustment attracting more gamblers is to removed this KYC or to amend it, same with other gambling house who only cater this function whether they've suspecting gamblers doing some illegal or suspicious act inside the house, but for those gamblers who are not doing anything and just enjoying, they will be more attracted to try your site if you will adjust to this.

dark08

full member

Activity: 798

Merit: 104

No improvement until now please make some move team if you want to attract more gamblers.
I'm one of a gmabler to monitor your site until the first time you introduced to this forum site, If I were you just remove the KYC because people dont like to give their personal information.

feryjhie

hero member

Activity: 882

Merit: 595

Quote from: socialbet on March 27, 2019, 02:03:32 AM

Quote from: feryjhie on March 26, 2019, 08:27:41 PM

Quote from: xvids on March 26, 2019, 03:47:13 PM

Quote from: Bitinity on March 10, 2019, 04:09:11 PM

0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote

20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote

59. To withdraw funds, We require complete verification of Your account with all the docs needed

This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?

The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .

yeah like Stake.com but stake/Primedice just require KYC if the players maybe have a suspicious game or breaking their TOS
and they will ask KYC

but this is different from stake or Primedice, you make the people must do KYC before he can withdraw
so i think the KYC will make your site not really popular

The same thing is at SocialBet. Why do you think it is different?

it's different because your site requires people to KYC first before withdrawing
but in stake/primedice people can withdraw as long he doesn't break any rules

Bitinity

legendary

Activity: 3066

Merit: 1312

It has been two weeks since you introduce your project, but it is still in beta phase. How long you are going to run the beta phase and what you got during these two weeks?

socialbet

newbie

Activity: 48

Merit: 0

Quote from: feryjhie on March 26, 2019, 08:27:41 PM

Quote from: xvids on March 26, 2019, 03:47:13 PM

Quote from: Bitinity on March 10, 2019, 04:09:11 PM

0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote

20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote

59. To withdraw funds, We require complete verification of Your account with all the docs needed

This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?

The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .

yeah like Stake.com but stake/Primedice just require KYC if the players maybe have a suspicious game or breaking their TOS
and they will ask KYC

but this is different from stake or Primedice, you make the people must do KYC before he can withdraw
so i think the KYC will make your site not really popular

The same thing is at SocialBet. Why do you think it is different?

feryjhie

hero member

Activity: 882

Merit: 595

Quote from: xvids on March 26, 2019, 03:47:13 PM

Quote from: Bitinity on March 10, 2019, 04:09:11 PM

0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote

20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote

59. To withdraw funds, We require complete verification of Your account with all the docs needed

This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?

The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .

yeah like Stake.com but stake/Primedice just require KYC if the players maybe have a suspicious game or breaking their TOS
and they will ask KYC

but this is different from stake or Primedice, you make the people must do KYC before he can withdraw
so i think the KYC will make your site not really popular

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: socialbet on March 26, 2019, 03:30:46 PM

Dear community and crypto lovers,

The official release of SocialBet.io is almost there. At this phase, we understand that we need more financial resources to kick-start the user acquisition process. We need to push now. We need to act fast and bold to acquire the critical mass of daily active users. We also need more people to move forward and for that, we need more financial resources.

We will soon release a version with real bitcoin money and we will need finances to cover for the marketing, new technologies integration and developing new games.

We are looking for an investment!

We are happy to answer your questions and tell you more about our plans and ideas.
Interested? PM us

i hope you are not relying from the community alone to respond to your financial needs to keep moving...
and if you are, more then likely your existence will not be here for long
accept the fact that people want an assurance before they send their money. so what is your assurance that their investments are secured?
anonymous team bragging with 0% house edge? think of other users perception on you. just to give you insights on how you will attack this situation

socialbet

newbie

Activity: 48

Merit: 0

Quote from: xvids on March 26, 2019, 03:47:13 PM

Quote from: Bitinity on March 10, 2019, 04:09:11 PM

0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote

20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote

59. To withdraw funds, We require complete verification of Your account with all the docs needed

This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?

Thank's for your question

Quote

I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?

We have ideas, how to monetize SocialBet. But now we are in Beta and right now we are not thinking about monetization, instead, we are doing updates and creating a better gaming environment.

Quote

And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?

We are not going annoy our users and will use the KYC only in suspicious cases.

xvids

sr. member

Activity: 1176

Merit: 301

Quote from: Bitinity on March 10, 2019, 04:09:11 PM

0% house edge? So how will you make profit? I just checked your site for a while, my concern goes to this:

Quote

20. The User is fully responsible for paying all fees and taxes applied to their winnings according to the laws of the jurisdiction of User’s residence.

So players should pay income's fee to the local government? I dont quite understand about above term as it is the first time I read this term.

Quote

59. To withdraw funds, We require complete verification of Your account with all the docs needed

This other term will not make your site become popular in this bitcoin gambling industry, what is the point of accepting bitcoin only but you requires for KYC?

There are some big winners under the recent winners tab, 3-4btc win. Are they real winners?

The site looks good and new for me and I want to learn more about your gambling site.
I think it would be great but I have the same interest in this you have a 0% house edge how could you continue to upgrade your site and keep the gamblers protected?
And I also want to hear those recent winners to ,And also about your withdrawal why do we have to do the KYC ?
There are already some sites that gambler could play and withdraw without sending their personal info .

socialbet

newbie

Activity: 48

Merit: 0

Dear community and crypto lovers,

The official release of SocialBet.io is almost there. At this phase, we understand that we need more financial resources to kick-start the user acquisition process. We need to push now. We need to act fast and bold to acquire the critical mass of daily active users. We also need more people to move forward and for that, we need more financial resources.

We will soon release a version with real bitcoin money and we will need finances to cover for the marketing, new technologies integration and developing new games.

We are looking for an investment!

We are happy to answer your questions and tell you more about our plans and ideas.
Interested? PM us

Topic: SocialBet.io :: Know how are we going to monetize a casino with TRUE ODDS - page 4. (Read 1649 times)