This might be a different approach to gambling? - page 6.

shield132

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Metawin.com - Truly the best casino ever

Quote from: Runnert on September 24, 2019, 02:11:56 PM

Dear Everyone,

We have been working on a free to use online casino with zero house egde! After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

OP at first I want to tell you that zero house edge means going bankrupt for casino, so if you business is planned on short-term total loss, then it's good project.
Don't take it wrongly but you can achieve nothing without house edge. As I see max bet is 10$, this stops serious gamblers to gamble on your website and more likely your audience will be faucet catcher and players. That's not good for business too. I think it will be much more beneficial if you put ads on your website and offer people to play with just points, without any deposit or set memberships (but this last one won't be beneficial).

LUCKMCFLY

legendary

Activity: 2632

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Leading Crypto Sports Betting & Casino Platform

The platform is faster, have you worked on it? Within the platform, apart from the forum, whose participation has not been established, it would be useful if you could achieve some way to see users online, maybe an accountant.

Many players see if there are real players and not Bots (I am not saying that you use bots), this is very important because in this way the number of users increases and generates more interest in the players. Everything seems great.

Spaffin

full member

Activity: 1316

Merit: 108

Quote from: Runnert on September 26, 2019, 05:50:03 AM

Quote from: livingfree on September 26, 2019, 03:55:31 AM

Quote from: Runnert on September 25, 2019, 07:12:38 AM

Quote from: livingfree on September 24, 2019, 11:02:53 PM

Like what others concern, you need to show us that you can maintain the site without having any percentage of house edge. So, from the fees? from your own pocket? but how long?

We've seen old projects before that has this kind of feature too but in the long run, they've ended being quiet. I dunno know why, maybe they stopped already because they can't maintain their operation because of the promised 0% house edge.

We are able to fund hosting etc from our own pocket, and we don't mind doing it to give something to the community. We do all the development/coding and we enjoy doing it so that is also no issue.

I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

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.

I apologize for interfering in your conversation, but I could not help but note your statement about how a person can spend his money on pleasure. The fact is that I have never met such an opinion so that it would be possible to compare any hobby and spending my finances on it with a passion for gambling. If a person spends his money on repairing and caring for a motorcycle, as well as on gasoline, then as a result he achieves what he wanted, namely the pleasure of owning a luxury motorcycle and the pleasure of driving this vehicle. But with regard to gambling, if a gambler spends his money on a bet, then in any case he wants to get a win sometime. Indeed, this is the whole point, and not just to play with any result .

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: Runnert on September 24, 2019, 02:11:56 PM

Dear Everyone,

We have been working on a free to use online casino with zero house egde! After weeks of building we are proud to announce to you we have launched our beta version. But please keep in mind this is only the beta and we will we be continuously working on this project. Make sure you check it out even if you are not an gambler! We appreciate all feedback and suggestions. gl hf
https://www.fifty-fifty.casino

Sincerely,

Fifty-Fifty

Zero house edge caught my attention. As much as you are trying to lay everything in the open which is commendable but a little charge wont be bad because zero edge means there wont be an reserve for the business not to even maintain the site or pay the administrators or to cover any operating expenses. With zero edge, it means as much as you the customer can lose, so also can you lose and what happens when the customer wins on first attempt or on launch, it means you have to go source for funds to pay the customer. Another factor is that when you have zero edge, then it sends a message to the public that something is going on because if you dont get money from there to run the site, you must surely be doing something shady from behind the scene to recover this money.

Runnert

jr. member

Activity: 70

Merit: 2

Fuck the system.

Quote from: livingfree on September 26, 2019, 03:55:31 AM

Quote from: Runnert on September 25, 2019, 07:12:38 AM

Quote from: livingfree on September 24, 2019, 11:02:53 PM

Like what others concern, you need to show us that you can maintain the site without having any percentage of house edge. So, from the fees? from your own pocket? but how long?

We've seen old projects before that has this kind of feature too but in the long run, they've ended being quiet. I dunno know why, maybe they stopped already because they can't maintain their operation because of the promised 0% house edge.

We are able to fund hosting etc from our own pocket, and we don't mind doing it to give something to the community. We do all the development/coding and we enjoy doing it so that is also no issue.

I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

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.

livingfree

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Runnert on September 25, 2019, 07:12:38 AM

Quote from: livingfree on September 24, 2019, 11:02:53 PM

Like what others concern, you need to show us that you can maintain the site without having any percentage of house edge. So, from the fees? from your own pocket? but how long?

We've seen old projects before that has this kind of feature too but in the long run, they've ended being quiet. I dunno know why, maybe they stopped already because they can't maintain their operation because of the promised 0% house edge.

We are able to fund hosting etc from our own pocket, and we don't mind doing it to give something to the community. We do all the development/coding and we enjoy doing it so that is also no issue.

I understand your generosity about being a developer and contributing in the best way that you can. But let's be real here that in the long run, you can't sustain it anymore and there should be a way to generate income from every expense that the site will have.

You may answer yes if I'll ask you if you are still willing to take money from your own pocket but if it's just an outcome to you, I really don't think that you'd be willing enough for that. There should be a way for you to monetize it unless you'll take it from fees but I think it's still that low.

Runnert

jr. member

Activity: 70

Merit: 2

Fuck the system.

Quote from: Oceat on September 25, 2019, 02:24:50 PM

This doesn't makes sense though since you don't want to have a profit and you just want a zero house edge. I think this is some kind of an experimentation before going on to a full game. A type of collecting data before making a real casino with a house edge.

Anyway, good luck on your experiment or whatsoever. The site design is quite simple, you might wanna twerk it a little bit to look more interesting.

Thank you for your feedback!

We didn't really looked into the design that much yet, we will later on. It's experimental right now but we are going to work from what we have.
So the house edge will always be zero, even in the final version i can ensure you that. We try to collect as little data as possible, because we find privacy and anonymity very important.

Runnert

jr. member

Activity: 70

Merit: 2

Fuck the system.

Quote from: sid027sp on September 25, 2019, 10:48:57 AM

simple design with 0 house edge . I will keep eyes on your site how it will be in future .

Thank you for your feedback.
Make sure you keep up to dated with the latest update on here!

Quote from: SyGambler on September 25, 2019, 11:48:28 AM

I'm still not sure how a site doesn't want profit , it doesn't make sense for me personally but maybe that's really the case here

the sportsbook part I'm not getting , it's impossible to run a book where there is no house edge cause even books that have margins can offer value bets from time to time so the book may make you lose money actually
unless the pvp part including sportsbetting as well , is that the plan to make people bet on sports against each others ?

I understand it doesn't makes sense to you but try to see it this way, why should a online casino make money? They don't have to pay for staff, rent and equipment etc like a regular casino. Our only cost is hosting but its a small fee we willing to cover ourselves because we like doing this. Al development we enjoy doing so that is also no issue.

I don't want to share too much on the sports-bets at this time, due to the fact other casino's might copy it. But i can ensure you our sports-bets will be without any house edge an will be PvP! ;P

Quote from: dothebeats on September 25, 2019, 12:22:05 PM

I might be wrong but is this some form of a test-only gambling platform which people can try out provably-fair systems before getting out on the real gambling sites? Because if it is not, then you are asking for bankruptcy at all (well you must be rich guys to begin with since you have answered that you don't do this for the profit). Zero-percent house-edge is not yet seen on this industry, and the most common is 0.1% and that's the lowest I've seen. Just checked out the site and perhaps some design tweaks would help.

It's not a test site for other casino's in anyway. Because it's not seen in this industry before we wanted to build it. Make something that hasn't been done before(as far as we know). Besides that we are not "rich" but wealthy enough to afford a monthly fee for hosting.

Quote from: RivAngE on September 25, 2019, 01:55:12 PM

Erm... What do you mean you're not doing this for profit?
I'd understand this if it were a school's project but since it's a gambling site then it's also possible that you end up losing instead!

I don't think 1% up or down would be a decisive factor for some to choose you or not, you could set it to 49-51 after the beta.

Like i said we are not looking after profits. Nothing else to say about that. Tongue

Why would we end up losing? Due to the fact we pay for hosting?

I can see that but a decisive factor might be that we gain nothing from it. Player1 or Player2 wins, and the other one looses. The money stays within the community.

Oceat

sr. member

Activity: 2506

Merit: 368

This doesn't makes sense though since you don't want to have a profit and you just want a zero house edge. I think this is some kind of an experimentation before going on to a full game. A type of collecting data before making a real casino with a house edge.

Anyway, good luck on your experiment or whatsoever. The site design is quite simple, you might wanna twerk it a little bit to look more interesting.

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

Erm... What do you mean you're not doing this for profit?
I'd understand this if it were a school's project but since it's a gambling site then it's also possible that you end up losing instead!

I don't think 1% up or down would be a decisive factor for some to choose you or not, you could set it to 49-51 after the beta.

dothebeats

legendary

Activity: 3542

Merit: 1352

I might be wrong but is this some form of a test-only gambling platform which people can try out provably-fair systems before getting out on the real gambling sites? Because if it is not, then you are asking for bankruptcy at all (well you must be rich guys to begin with since you have answered that you don't do this for the profit). Zero-percent house-edge is not yet seen on this industry, and the most common is 0.1% and that's the lowest I've seen. Just checked out the site and perhaps some design tweaks would help.

SyGambler

legendary

Activity: 2436

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guess who's back

I'm still not sure how a site doesn't want profit , it doesn't make sense for me personally but maybe that's really the case here

the sportsbook part I'm not getting , it's impossible to run a book where there is no house edge cause even books that have margins can offer value bets from time to time so the book may make you lose money actually
unless the pvp part including sportsbetting as well , is that the plan to make people bet on sports against each others ?

sid027sp

brand new

Activity: 0

Merit: 0

simple design with 0 house edge . I will keep eyes on your site how it will be in future .

Runnert

jr. member

Activity: 70

Merit: 2

Fuck the system.

Quote from: DoublerHunter on September 25, 2019, 08:40:55 AM

Quote from: Runnert on September 25, 2019, 07:59:32 AM

Not everyone lives in the same time zone ;P But yes we are working constantly on improving the website.
We are not looking to earn revenue from it. And yes all our games wil become PvP. You could see us as a platfrom where people can play against each other without anyone interfering them, or a escrow between 2 player gambling online.

^ Good to see that you had been answered all concerns here and those suggestions that they are given. But here is also my friendly concern to you OP please do reply within one row, its looks like spamming. You can quote all in one reply. Friendly wishes and hoping that this project of yours will come successful soon good luck.

Good point.
Thank you!

Quote from: bering on September 25, 2019, 08:37:15 AM

I saw this site also integrated with your own forum and it could be good place to talking and discuss about games or anything else related your site although still no activities at there

Correct no activity yet, so we will just do it here.

Quote from: LUCKMCFLY on September 25, 2019, 08:57:46 AM

I think that at the time of making the bets you should establish some online chat, because when the bet is made it is like something very automatic, it gives the impression that you are playing with a Bot. Try to make the interface with some colors, maybe if you can integrate night mode, it would be something to improve.

Thank you for your feedback!

We will do a lot of UI changes once the backend works perfectly, dark-mode is a good one we are also thinking about implementing that.

Did you play a bet already? Because you will join a lobby with an other player where there is a chatroom and the option to switch to public chat.
If you mean something else please try to explain it in a different way.

Quote from: el kaka22 on September 25, 2019, 09:56:14 AM

What people have been missing out on the "zero house edge" is that its a marketing effort obviously. They are doing a heads or tails game and hope that one day people would come over and play there without the casino itself gambling. It would mean user 1 and user 2 playing against each other and whoever the winner is the casino doesn't have a house edge since they are not in the bet themselves.

So, there is no house edge because its not a game house is involved in, think of like poker games where you play against each other. Now do they have rake I have no idea, maybe they do have a rake or maybe they don't but that doesn't change the fact that there is no house edge part. So its a marketing effort to say zero house edge in game where there is no house anyway.

You are 100% correct, and by zero house edge we mean also no rake, rate, fee, commission, or exchange cost of chips in anyway.
We do not earn money in anyway.

el kaka22

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What people have been missing out on the "zero house edge" is that its a marketing effort obviously. They are doing a heads or tails game and hope that one day people would come over and play there without the casino itself gambling. It would mean user 1 and user 2 playing against each other and whoever the winner is the casino doesn't have a house edge since they are not in the bet themselves.

So, there is no house edge because its not a game house is involved in, think of like poker games where you play against each other. Now do they have rake I have no idea, maybe they do have a rake or maybe they don't but that doesn't change the fact that there is no house edge part. So its a marketing effort to say zero house edge in game where there is no house anyway.

LUCKMCFLY

legendary

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Leading Crypto Sports Betting & Casino Platform

I think that at the time of making the bets you should establish some online chat, because when the bet is made it is like something very automatic, it gives the impression that you are playing with a Bot. Try to make the interface with some colors, maybe if you can integrate night mode, it would be something to improve.

DoublerHunter

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Activity: 2590

Merit: 644

Quote from: Runnert on September 25, 2019, 07:59:32 AM

Not everyone lives in the same time zone ;P But yes we are working constantly on improving the website.
We are not looking to earn revenue from it. And yes all our games wil become PvP. You could see us as a platfrom where people can play against each other without anyone interfering them, or a escrow between 2 player gambling online.

^ Good to see that you had been answered all concerns here and those suggestions that they are given. But here is also my friendly concern to you OP please do reply within one row, its looks like spamming. You can quote all in one reply. Friendly wishes and hoping that this project of yours will come successful soon good luck.

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

I saw this site also integrated with your own forum and it could be good place to talking and discuss about games or anything else related your site although still no activities at there

Runnert

jr. member

Activity: 70

Merit: 2

Fuck the system.

Quote from: milewilda on September 25, 2019, 07:07:59 AM

Gambling sites are business and its owners do spent out some cash from their wallets to launch up the site.
Zero house edge or no any other ways on profiting will always be a question on mind.We arent building a charity here just to have that aim on having
a fair gambling to everyone.lol

Well we are not really a business we operate like one but without financial motives. I understand is weird to believe us, especially in a market that is all about money. But i can ensure you we want to work with the community hand in hand and do everything that see fit. We posses the resources to make gambling fair for everyone why shouldn't we make it? Not everyone is in it to make some money. ;P

Runnert

jr. member

Activity: 70

Merit: 2

Fuck the system.

Quote from: moneyball on September 25, 2019, 07:00:04 AM

the site looks verry simple! its under construction or something?

Thank you for your feedback!

Yes we are still developing the site. We posted this because we strive to work hand in hand with the betting community, get feedback and improve the site in anyway the community sees fit.

Topic: This might be a different approach to gambling? - page 6. (Read 1009 times)