Topic: This might be a different approach to gambling? - page 4. (Read 1009 times)

Guys we update our thread to give you guys some more information.

Players can donate to the project on the donation tab but you need to log in first before you can access it. It is kinda weird, the entire idea is something that hasn't been done before. But i can ensure you we want to create the best and safest experience for our users! That is why we were offline this afternoon to upgrade some security features.

I'm still thinking what you will get from having a zero house edge gambling site? Like you are paying for hosting fee without generating income from your players. Do you already thought of having a player donations, so you could get some? or just waiting for donator and sponsors?  If you guys doing it for free some people will think there is something wrong?  I mean it's kinda weird

The only costs we have at the moment are hosting fee's. And we will pay that out of our own pocket, because it doesn't has any financial impact on us. We don't really feel like getting a sponsor because there isn't much to pay. Well we don't want to hype our project in anyway because we strongly believe that when the community finds it good enough, users will will follow after that. So we are going to do our best to get to a point where players feel like playing on our site. More like word of mouth advertising.

A really new approach to gamblers. Having 0 house edge could be a game-changer but how can you supposed to maintain your gambling site if you are only relying upon on donations. Not to mention the hosting service fee and other website fee's. Finding a good sponsor or donator can help you a lot on the free service that you are giving. Hyping this gambling site could possibly attract some donators to support you.

Kudos to Runnert on making this gambling site without any house edge!

If an large casino would make this as a sister site, wouldn't they risk losing a lot of users on their main site and also lose their income stream as you said? All online casino's could pull of a exit scam but that is not our angle. Indeed the design is very simple at the moment, we are currently putting in a lot of effort on the backend of the website. But that doesn't mean there is not much effort put in. Just because it doesn't look like one of the 10.000 same casino websites. Their scrips are all pre-made, same with the layout. We actually build it an run it. They all bought some software. And have the funds to run it. We are planing to release a new RNG system somewhere this week.
Due to many concerns about the fact that; we(as the site owner) could play against the users while knowing the clientseed of the user that created a bet. We came up with a new way to give our bets 100% provably fair RNG. The new way will go as followed: Both players need to be online and in the same lobby, when both players are in the same lobby they create a clientseed in their browser. The hashed version of these clientseeds will be sent to the server. We will reveal your hashed version to the other player, and also the other way around. Make sure you copy your opponent's hashed clientseed, so you are able to check it after the bet has been played. When both players click 'confirm', both players will send their plain-text clientseed to the server at the same time.

In case something went wrong or someone tries to alter their clientseed in their browser after sending the hashed version of it, we will reject their clientseed. The person whose clientseed was wrong or is missing, still has the option to submit their clientseed within 48 hours and get the bet result. To make the system safe, the player who’s clientseed was correct has the option to either cancel the bet and refund the bet amount to both players, or to wait 48 hours and get all the funds without a result(but only if the other users didn’t submit their clientseed before 48 hours). This makes our system 100% safe. The only downside is that both players have to be online and in the exact same lobby. Due to that we will also offer our old system for those who believe that we won't use the outcome against them. And don't feel like waiting all day until someone joins them because we currently do not have that much users yet.

If you would like to help us out there is the option to donate to our project. We don't really feel like adding ads to a non-profit concept.

I understand that and if ppl don't trust it they can always deposit like 2$ and withdraw directly after they win something.
Well prob 90% of all gambling sites run on the same scrips. Ours on the other hand is build from scratch we use the most up-to-date techniques like Laravel and Vue with the newest versions. This combined with all updates over web sockets and not using any Ajax polling at all making is a lot of work to build new features. We don't chose the easy way, compared to the frontend we put a lot of effort in the backend of the website. Please keep in mind that everything is made out of nothing We started at 0% just like our house-edge if there are any more technical questions I will be glad to answer them.

Agree here 100%,,, and we all know we each hate ads and spam when we do not ask for it.

But on the other hand,,, if I like the site service and I do want to help them out, I will not mind seeing 1 or 2 ads a day, but of course only in a specific section where I can choose to watch and maybe open a faucet, that kind of thing. Just a suggestion:)

The issue here is that this sounds like a potential scam since you are saying it's 0% house edge and you are running this site under the goodness of your heart.

I would understand if a large Bitcoin casino like Fortunejack, Primedice, Bitsler launched some sister site and claimed it was 0% house edge because it's PvP then I would believe them, because they already got a income stream with their main site. However you don't seem to have one in anyway and it seems like it might be a potential exit scam in the future, especially with the very simple design. Means not too much effort was put into this and another reason why it might be a scam.

My questions are also like the above posters, how can we prove it's really some unique player on the other side of the bet and not yourself, since you know the server seed and client seeds.?

Just remember that we are in crypto world, and it means we should trust no one. Probably you are honest person, I don't know but people should not easily trust others just to keep them safe. Anyway, what is the complex parts you are talking about?

We have updated some questions to our original post.

If we are not able to maintain the site anymore( witch is highly unlikely ) we will make sure all funds go to the rightfull owner.
Like i said earlier: if we wanted to scam the ordinary guy there are 1000 other ways to do that way more efficient without building an complex gambling site.

With interference by a third-party we mean: giving in money to a casino/host. Yes we are a third-party but we are not interfering money wise, we are only there for the convenience that ppl don't have to be sitting together irl.

If you won't taking any profit from it, I'm frightened of your idea. If you do so, then I'm sure this won't have a long run and at the end I'm afraid that many people will lose their funds on the website when everything is done and you can't maintain this anymore.

So if its PvP, how would you guys profit? You guys are going to be taking a small fee from both sides of the users just like poker rake? What's the total percentage of the commission? Again, if this is PvP then I don't get it why would you guys be advertising by saying that you guys have "zero house edge"? Of course the house is not going to be involved here unless the player is playing against the house (which again will cause problems to the bankroll in the long run).

Care to explain more? You guys are the third party over here holding the users balance and stuffs.

We are not looking to profit from it in anyway. Also not on the traffic. Actually it's the other way around, we currently have 2-5 players and hope to get more later in the process.



I am wondering what expenses did you have in mind?




Zero means zero so not 0.0001% but 0%. And we will NEVER slide in a house edge.





I am not sure if we are able to attract gamblers everyone is free to play where ever they want.
Maintaining the site almost costs nothing. We are willing to cover that. We will never change the house edge.

Lets say its PvP but dont you consider on maintenance and expenses on maintaining the site? As an owner- you would be willing to pull out money for others benefits?
About on that Edgeless thing you said it is indeed possible that they would head up on that way.Anything can be change when they do saw that they already attracted lots of users and do impose fees in near future but the BIG question is, would they able to attract gamblers?

I think they would not really afraid of the expenses as OP said it's PvP

Honestly I don't 100% agree with this idea for long-term even though it's good for start. I know one gambling site called Edgeless (EDG), almost the same with this. They are offering zero house edge but 0,83% (CMIIW) in practice. They use the words "0% house edge" in order to attract people to join them. Perhaps, in the future (after getting a lot of users), this new site will do something with their users (either good or bad) or applying low house edge in order to pay the expenses.

Yes of course and that's the primary target on all businesses.Its just really hard to be convinced that you are running without minding the profitability of your website.

Traffic and ads wont be sustainable when we do talk about gambling site expenses.It would not suffice for sure.