There are no other way on how to monetize your site and its really impossible to think of that a gambling site owner wouldn't think
on how he would profit and charitable works is quite not common nowadays even millionaires do create their own business online
to gain up something out of their funds and doesn't tend to give out free service to the community.We know that staffs and maintenances
do have some cost and running a site will really have some those expense and making no profit wont be sustainable.
they can run ads on thier site just like what other websites do , so that they can keep the site up and pay other maintenance cost . you mention charity ? i see some gambling sites are now giving some of their income on the charity that they choose based on thier poll . the title really says it all . this gambling site is really unique to have a zero house edge if ever the owner pushes it . this can get instant attention resulting for them to become indemand which can make thier site run longer than usual
We don't want to bother our users with ads.
We don't see any needs to monetize it. No fees except regular BTC transaction fees we do not want to cover those. Hosting everything is not that much, people spend more on smoking etc. Other hobby's like driving an motorcycle also cost way more. I can ensure you we will be able to host this platform for free for atleast the next 5years. After that i can not promise anything but most likely we will still host it for free after that. Due to the fact we are not able to look into the future one of u might become very ill or something like that.
Okay, the next 5 years is assured that you will be able to maintain the hosting for this site. But the whole thing isn't just about hosting.
they can run ads on thier site just like what other websites do , so that they can keep the site up and pay other maintenance cost .
Actually the owner said that they don't have to monetize so that's why even adding ads on their website isn't going to benefit them (base on what he said). But until now, I'm still confused with his reasoning, anyway as long as this won't turn into a scam I think that will be okay.
We are not trying to scam ppl, if we wanted to target the ordinairy guy i could think of a 1000 other ways to do that way more efficient and with less work.
If you have 0% house edge, where will you get your income to sustain your presence?
And also, aside from the heads & tails, what other games are you going to have here?
Are you planning to get your gambling license also for this project?
There are no intentions to earn an income/revenue from the site, we have the resources to keep the site up and running.
So there is no need for any house edge. We see it more like our hobby to build this and to make something that never existed before.
We were thinking about adding PvP dice games, poker, sports-bets etc. But if you guys have any other ideas we are happy to hear you out.
Well right now we don't really feel like investing that much money into an gambling license. We can give our time and ofcourse pay for the hosting etc. If we reach an substantial amount of daily players we could always reconsider getting an license.
Well I will have to give you thumbs up for this. This is unique and has never been seen before. I love player vs player games and specially if there's a zero house edge it will give players an extra thrill to play and double their money based on their luck without having to give any portion of their winning voluntarily. It's good that you came up with this idea and wanting to spend resources to keep it alive without gaining. I will be sure to try it out and also wait for further improvements!
Thank you for your positive feedback!
We plan to roll out a new update somewhere next week. Make sure you keep in touch with the site on this forum.
I wonder why would you even consider creating a zero house edge casino? The concern that some people have raised regarding this being a data collection attempt is probably the closest thing to reality.
I just hope that you do not in any way try to slip in a house edge in one of your upcoming updates without the users knowing anything about it. Surely you have operating costs, how do you meet these while having zero house edge? Do you charge an extortionate withdrawal fee or something?
You guys know the saying... When something sounds too good to be true, it usually is!
We are not trying to collect data, and we will NEVER add a house edge to our website. Withdraw fees can be checked afterward so you can see it for your self. ;P
I understand it sound to good to be true, i think i will never be are to convince you guys on our beliefs. But i think time will tell.