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Topic: [vDice.io]►Ethereum Blockchain Gambling►►**New & Awesome Version of Site - page 10. (Read 31075 times)

legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
I have one question it may look immature but as it appeared in my head, that why dont we use our own coin as the source of betting so that the users will buy our coin and use it for betting instead of using ETH for betting , like other gambling sites are using bitcoin as betting. As i have seen some new projects coin which are using their gambling and gaming projects to use their own developed coin to do betting so in this way they can promote their own coin and develop it more.

The best way to do it is to offer a slight discount for using VSL. That way customers can use both.

You want to allow people to bet in a popular currency many might already have like ETH. Putting up an extra roadblock would lose you business, so the best way is just a slight discount for your currency imo. (It creates demand for the currency and because people often keep a balance for when they want to bet again, it can take quite a lot off the market.)
That's a good suggestion, that way VSL will increase it's demand and vdice will be getting bigger, I hope developers will consider that idea.
In normal casinos they do a lot of promotion and to come up with something unique is always a better idea to attract people to gamble.
legendary
Activity: 1138
Merit: 1001
I have one question it may look immature but as it appeared in my head, that why dont we use our own coin as the source of betting so that the users will buy our coin and use it for betting instead of using ETH for betting , like other gambling sites are using bitcoin as betting. As i have seen some new projects coin which are using their gambling and gaming projects to use their own developed coin to do betting so in this way they can promote their own coin and develop it more.

The best way to do it is to offer a slight discount for using VSL. That way customers can use both.

You want to allow people to bet in a popular currency many might already have like ETH. Putting up an extra roadblock would lose you business, so the best way is just a slight discount for your currency imo. (It creates demand for the currency and because people often keep a balance for when they want to bet again, it can take quite a lot off the market.)
legendary
Activity: 1302
Merit: 1027
I have one question it may look immature but as it appeared in my head, that why dont we use our own coin as the source of betting so that the users will buy our coin and use it for betting instead of using ETH for betting , like other gambling sites are using bitcoin as betting. As i have seen some new projects coin which are using their gambling and gaming projects to use their own developed coin to do betting so in this way they can promote their own coin and develop it more.
legendary
Activity: 1138
Merit: 1001
By the way, how is process of creating new vDice game going? There wasn't any new updated on vDice blog since 11th April.
AFAIK this game should be around the corner already, as it was advertised to be released mid May.

Also, as others already said - minimum bet requirement needs to be lowered ASAP.

Right now the focus is getting the next (new) game out the door. Then we can switch back to the dice game upgrades.

The next game is a slot machine (vSlots). The code is done. We’re in the process of switching the vSlots game code to the new datasource.
We decided also to change (mostly remove!) some parts to reduce gas costs for both placing a new bet and for executing the callback transaction.

The new code with those changes will be delivered by tomorrow to our front-end developers. Then they can finish work on their APIs.
The HTML code and design is nearing completion. Then we just stitch all 3 parts together and go live!

We’re also still waiting for the 3rd party code audit by Peter Vessenes team at New Alchemy.
We are assured that is well and truly underway. Once received we’ll publish that for peer review and feedback.

legendary
Activity: 1288
Merit: 1000
By the way, how is process of creating new vDice game going? There wasn't any new updated on vDice blog since 11th April.
AFAIK this game should be around the corner already, as it was advertised to be released mid May.

Also, as others already said - minimum bet requirement needs to be lowered ASAP.
legendary
Activity: 3052
Merit: 1273
Have been into this debate way before, but didn't get it considered yet by the management. I have been trying my best to take this to them and draw their attention towards this that the price of ETH has gone way above and losing such an amount would be harsh on our side, so they should really change the minimum to something which could be an affordable loss if lost so. So that we could gain more users for the site.
I can't find the reason for them to not consider changing this limits, have they replied anywhere about this in this thread or anywhere. I think they are not changing this because this is embedded in their smart contracts and to make any small changes like this they might have to re-code all their smart contracts. Correct me if i am wrong... Roll Eyes

They replied and said that they are looking forward to changing it, but I think that as the time passes by, they are actually losing some potential users who might be interested in trying out the site with less bet sizes but can't go ahead due to big min bets.
legendary
Activity: 1218
Merit: 1006
Yes they replied on the last page...

The min. bet parameter needs to come down.
The dramatic ETH price rise has ramification for a number of factors, not just vDice, but gas on the network etc, etc.

...Right now the focus is getting the next (new) game out the door. Then we can switch back to the dice game upgrades.
Thanks for quoting it, it will be nice to have more games in vdice and i think all of them will be based on smart contracts like this one.

@vdice_io what types of games you guys gonna add? If you can share some screenshot it will be nice.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
vDice_io crushing gaming records on the $ETH blockchain
 like no other platform with now over 43,042+
 bets placed & over 10,650 $ETH won
 That is good growing of vdice.io, it will be more increasing
 in the future.
Thanks for letting us now about the site stats and yes it does really indicates that Vdice is growing since people do have an alternative coin to use on.As expected this development or popularity will surely rise up in upcoming future and theres no doubt that vdice would be considered one of the famous site.
legendary
Activity: 2030
Merit: 1028
vDice_io crushing gaming records on the $ETH blockchain
 like no other platform with now over 43,042+
 bets placed & over 10,650 $ETH won
 That is good growing of vdice.io, it will be more increasing
 in the future.

ETH is promosing coin so no wonder people always use it for almost for all transaction.
When Vdice decide to use ETH as their currency is a good decision as it keep growing all the time
legendary
Activity: 910
Merit: 1000
 vDice_io crushing gaming records on the $ETH blockchain
 like no other platform with now over 43,042+
 bets placed & over 10,650 $ETH won
 That is good growing of vdice.io, it will be more increasing
 in the future.
legendary
Activity: 1138
Merit: 1001
Have been into this debate way before, but didn't get it considered yet by the management. I have been trying my best to take this to them and draw their attention towards this that the price of ETH has gone way above and losing such an amount would be harsh on our side, so they should really change the minimum to something which could be an affordable loss if lost so. So that we could gain more users for the site.
I can't find the reason for them to not consider changing this limits, have they replied anywhere about this in this thread or anywhere. I think they are not changing this because this is embedded in their smart contracts and to make any small changes like this they might have to re-code all their smart contracts. Correct me if i am wrong... Roll Eyes

Yes they replied on the last page...

The min. bet parameter needs to come down.
The dramatic ETH price rise has ramification for a number of factors, not just vDice, but gas on the network etc, etc.

...Right now the focus is getting the next (new) game out the door. Then we can switch back to the dice game upgrades.
legendary
Activity: 1218
Merit: 1006
Have been into this debate way before, but didn't get it considered yet by the management. I have been trying my best to take this to them and draw their attention towards this that the price of ETH has gone way above and losing such an amount would be harsh on our side, so they should really change the minimum to something which could be an affordable loss if lost so. So that we could gain more users for the site.
I can't find the reason for them to not consider changing this limits, have they replied anywhere about this in this thread or anywhere. I think they are not changing this because this is embedded in their smart contracts and to make any small changes like this they might have to re-code all their smart contracts. Correct me if i am wrong... Roll Eyes
legendary
Activity: 3052
Merit: 1273
https://www.vdice.io Is the minimum bet 0.22 ETH that seems a bit high?
Yes you have got the good point, vdice have to lower this down 0.22 at current exchange rate counts $20 which is really high minimum for players.
Also maximum bet for 19x multiplier is only 0.44 ETH which is very low limit compared to other normal bitcoin/altcoin dice sites.


Maybe they haven't taken the recent points into consideration to reduce the minimum bet amount. They should immediately do it otherwise they may lose a lot of smaller bets from many people. Including me, I don't want to bet so much of each game. It better to reduce as soon as possible.

Have been into this debate way before, but didn't get it considered yet by the management. I have been trying my best to take this to them and draw their attention towards this that the price of ETH has gone way above and losing such an amount would be harsh on our side, so they should really change the minimum to something which could be an affordable loss if lost so. So that we could gain more users for the site.
legendary
Activity: 1218
Merit: 1006
https://www.vdice.io Is the minimum bet 0.22 ETH that seems a bit high?
Yes you have got the good point, vdice have to lower this down 0.22 at current exchange rate counts $20 which is really high minimum for players.
Also maximum bet for 19x multiplier is only 0.44 ETH which is very low limit compared to other normal bitcoin/altcoin dice sites.


Maybe they haven't taken the recent points into consideration to reduce the minimum bet amount. They should immediately do it otherwise they may lose a lot of smaller bets from many people. Including me, I don't want to bet so much of each game. It better to reduce as soon as possible.
Yes I also think they will loss so much players specially the one who like to give them a try for first time, as there is also no way to test their game without paying with real ETH and the minimum amount is quite high which new players don't want to use just to give it a try.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
But for that to happen in reality, I think VSL needs to get listed on some popular major exchanges like Poloniex and Bittrex, because they hold almost 50% of the altcoin market share and getting over there would give much more exposure and volume as well as value to the tokens. Let's try to get it over these giants in the world of altcoins, and help it get valued higher.

I suppose this is the main target of Vslice team/dev/owner as of now on which this coin would be listed on major exchanges but if its not still possible then going through mid-tier would do as long the exposure would really be started. Once this coin would be listed the its expected already that value would be somehow decent.

Do we really need any more reasons for VSL tokens to get added to Bittrex? I have seen many fake coins as well as useless coins being listed there just by seeing some great volume for them over other exchanges, then why don't they add VSL which is a part of something real, something very new and useful as well as a modern technology which is working over with Ethereum Smart contracts to give a chance to us to gamble with an emerging altcoin when Bitcoins are valued so high.
But I'm not finding any differences between bittex and yobit as both are listing many scamcoins. Instead of looking for adding VSL into bittex, I like to suggest to take efforts to list in some other reputed exchanges like kraken or poloniex.

But already VSL is being traded in four exchanges which is very much enough for covering more than 80% of crypto people as an average crypto user manages accounts at least in 10 exchanges.

I think we no need to worry much which exchange is listed or not. Because soon or later they will come to know the potential of the coin and they will add in into their exchanges. These reputed sites not listing only good coins but some shit coins as well.
This do really normally happens on which we do really like for it to be listed because we do know its potential compared to those coins who are being listed already there which dont really have potential or benefit at all but well its their decision but you are right we wont really need to worry if its listed or not because sooner or later they will surely see that VSL do really have a bright future,.

We are users, and if we won't worry then whom? I don't think such behavior would let this succeed because if we are into it, we should see each and every aspects of its improvements as a coin on one side, and as a tradable asset on the other. For every coin to succeed, its users need to "expose" its potential in front of other users who may be potential customers of future.
You do really have the point and yes for us users of it we should really strive to spread the awareness of this coin regarding to its potential and its usage and it does really contribute on coins career path or development path.
legendary
Activity: 1456
Merit: 1005
https://www.vdice.io Is the minimum bet 0.22 ETH that seems a bit high?
Yes you have got the good point, vdice have to lower this down 0.22 at current exchange rate counts $20 which is really high minimum for players.
Also maximum bet for 19x multiplier is only 0.44 ETH which is very low limit compared to other normal bitcoin/altcoin dice sites.


Maybe they haven't taken the recent points into consideration to reduce the minimum bet amount. They should immediately do it otherwise they may lose a lot of smaller bets from many people. Including me, I don't want to bet so much of each game. It better to reduce as soon as possible.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
Nice article talking about vdice.io how to play, how to make investments in vdice.io and everything related vdice.io  from espaciobit.com in Spain languege, it will gives good understanding about vdice.io in local languege and it will takes many costumers to play gambling on vdice.io congratulation for comunity of vdice and welcome for local comunity of vdice.
https://espaciobit.com.ve/main/2017/05/05/vdice-el-mejor-juego-de-apuestas-en-linea-basado-en-el-blockchain-de-ethereum/
Nice one, thank you for sharing, I manage to google translate it and I understood the sentences correctly.
We should have this kind of articles to educate the majority, there are countries who love to gamble but no idea with how simple it is using the crypto currency, with vdice it will help them, so thanks for this site.
legendary
Activity: 910
Merit: 1000
Nice article talking about vdice.io how to play, how to make investments in vdice.io and everything related vdice.io  from espaciobit.com in Spain languege, it will gives good understanding about vdice.io in local languege and it will takes many costumers to play gambling on vdice.io congratulation for comunity of vdice and welcome for local comunity of vdice.
https://espaciobit.com.ve/main/2017/05/05/vdice-el-mejor-juego-de-apuestas-en-linea-basado-en-el-blockchain-de-ethereum/
legendary
Activity: 1138
Merit: 1001
vDice.io setting another record high in bets placed 41,830
ETHER WON 10,268 almost doing 1,000+ bets a day on the most popular gaming Dapp,

And New version for Ethreum Wisdom mobile app: integrated support for StellarOrg, vSliceCoin, gnosisPM WeTrustPlatform, it will makes easy to using on android smartphone

https://t.co/sHpmOxpbmV
That's a good milestone of success, I have been seeing progress after progress for Vdice, that big number of ether just simply shows more people are coming to play.

https://www.vdice.io Is the minimum bet 0.22 ETH that seems a bit high?

Good numbers but I guess the risk is that a competitor like EDG could probably look more successful than VDice pretty quickly. For example, VSlice raised a few hundred thousand ETH and EDG raised quite a bit too. Imagine if EDG bet 20k of the ETH they raised on their 90% payout games. They would get back 19.6k ETH but the total ETH won/bet on EDG would be double VDice and considering VSlice's/EDG value is largely based on forward earnings projections, their valuation would jump up from $10 million to Huh - a doubling in valuation could be worth $millions to them depending on their % ownership share. (On top of it, a lot of the 400 ETH lost would come back to them as profit share anyway.)

Looking forward to the release of the next VSlice game soon though  Smiley

Yes, you are correct. The min. bet parameter needs to come down.
The dramatic ETH price rise has ramification for a number of factors, not just vDice, but gas on the network etc, etc.

As a result we are aware that, whereas the min. bet parameter was perfect before, now it is too high in $ terms. So we have a bunch of upgrades we are doing to the code for the existing game. Such upgrades include integrating new random data source and bringing it up to current technology generally. This is mainly concerning building in Web3 more comprehensively, this new random datasource and some tweeks to improve bet processing speed and reliability. This has always been on the roadmap. It's essential stuff and it's in process...That update will have new min. bet parameter according to current market and will go live asap.

Right now the focus is getting the next (new) game out the door. Then we can switch back to the dice game upgrades.

The next game is a slot machine (vSlots). The code is done. We’re in the process of switching the vSlots game code to the new datasource.
We decided also to change (mostly remove!) some parts to reduce gas costs for both placing a new bet and for executing the callback transaction.

The new code with those changes will be delivered by tomorrow to our front-end developers. Then they can finish work on their APIs.
The HTML code and design is nearing completion. Then we just stitch all 3 parts together and go live!

We’re also still waiting for the 3rd party code audit by Peter Vessenes team at New Alchemy.
We are assured that is well and truly underway. Once received we’ll publish that for peer review and feedback.


Awesome, great stuff, thanks for the update! Looking forward to it
full member
Activity: 194
Merit: 100
vDice.io setting another record high in bets placed 41,830
ETHER WON 10,268 almost doing 1,000+ bets a day on the most popular gaming Dapp,

And New version for Ethreum Wisdom mobile app: integrated support for StellarOrg, vSliceCoin, gnosisPM WeTrustPlatform, it will makes easy to using on android smartphone

https://t.co/sHpmOxpbmV
That's a good milestone of success, I have been seeing progress after progress for Vdice, that big number of ether just simply shows more people are coming to play.

https://www.vdice.io Is the minimum bet 0.22 ETH that seems a bit high?

Good numbers but I guess the risk is that a competitor like EDG could probably look more successful than VDice pretty quickly. For example, VSlice raised a few hundred thousand ETH and EDG raised quite a bit too. Imagine if EDG bet 20k of the ETH they raised on their 90% payout games. They would get back 19.6k ETH but the total ETH won/bet on EDG would be double VDice and considering VSlice's/EDG value is largely based on forward earnings projections, their valuation would jump up from $10 million to Huh - a doubling in valuation could be worth $millions to them depending on their % ownership share. (On top of it, a lot of the 400 ETH lost would come back to them as profit share anyway.)

Looking forward to the release of the next VSlice game soon though  Smiley

Yes, you are correct. The min. bet parameter needs to come down.
The dramatic ETH price rise has ramification for a number of factors, not just vDice, but gas on the network etc, etc.

As a result we are aware that, whereas the min. bet parameter was perfect before, now it is too high in $ terms. So we have a bunch of upgrades we are doing to the code for the existing game. Such upgrades include integrating new random data source and bringing it up to current technology generally. This is mainly concerning building in Web3 more comprehensively, this new random datasource and some tweeks to improve bet processing speed and reliability. This has always been on the roadmap. It's essential stuff and it's in process...That update will have new min. bet parameter according to current market and will go live asap.

Right now the focus is getting the next (new) game out the door. Then we can switch back to the dice game upgrades.

The next game is a slot machine (vSlots). The code is done. We’re in the process of switching the vSlots game code to the new datasource.
We decided also to change (mostly remove!) some parts to reduce gas costs for both placing a new bet and for executing the callback transaction.

The new code with those changes will be delivered by tomorrow to our front-end developers. Then they can finish work on their APIs.
The HTML code and design is nearing completion. Then we just stitch all 3 parts together and go live!

We’re also still waiting for the 3rd party code audit by Peter Vessenes team at New Alchemy.
We are assured that is well and truly underway. Once received we’ll publish that for peer review and feedback.
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