Hack Forums
This might be a different approach to gambling - Printable Version

+- Hack Forums (https://hackforums.net)
+-- Forum: Money (https://hackforums.net/forumdisplay.php?fid=241)
+--- Forum: Crypto Currency (https://hackforums.net/forumdisplay.php?fid=380)
+--- Thread: This might be a different approach to gambling (/showthread.php?tid=6009725)

Pages: Pages 1 2 3 4 5 6 7 8 9


This might be a different approach to gambling - Fifty-Fifty - Sep 20, 2019

www.Fifty-Fifty.casino



Why Play at Fifty-Fifty?

Player vs Player
0% house-edge/rake
Safe and secure
100% provably fair
we value your anonymity
Fast and easy to use
Free faucets(50Satoshi)
Player vs House(0%edge)
No ICO BS!

New Updates!

Fixed some minor bugs
Added free faucets!
Added Player vs House(up to 0.20$) 0% edge!
Chat in PvH
Updated RNG page


Quick introduction

Dear Everyone,

We have been working on a free to use online casino with zero house edge! We choose to leave the house edge out because we believe there should be no need to gain from gambling. After all we fund this site from our own pockets. We also strongly believe in anonymity so we do not apply KYC or collect any data besides your email (which doesn’t need confirmation). 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. In the future we will be adding more games and a more friendly UI but for now we try to focus on what is important. It’s a Player vs Player system and the winner takes all, without any house edge or fees. Make sure you check it out even if you are not a gambler! We truly appreciate all feedback and suggestions. gl hf =)    

https://www.fifty-fifty.casino



Why did we build this?

We are not someone special or well know online, we are not bank-made like some people suggested.
During the last past years we saw a lot of people around us losing a lot of money due to their gambling addiction, at first we tried to tell them just quit it, the house always wins. But they wouldn't listen due to the fact they already lost so much money, the wanted to win it back. After a while we figured that we couldn't help those people, what they really needed was proper addiction treatment. Yes many developed countries are offering that but still they wouldn't go. We figured out that for us it was impossible to have an impact on the betting problem, the fact we hated the most is that there are a lot of big corporations and casinos that are profiting and abusing this problem. Even the gambling authorities and offshore licensing companies are profiting from it. In some countries only the government is allowed to exploit gambling addiction.. It almost seems like they are a big mob who don't want any changes in their industry.

So we thought if we are not able to stop people from gambling, we could at least try to give them a better chance of winning! We are willing to spend our time and resources to realize this project and we will do our best to so. Our vision is to make sure no one can profit from the fact that gamblers have the urge to gamble. We know we are trying to move mountains and seas, and there is still a long way to go. However, we are very motivated to make this work and maybe, just maybe let some gamblers save a little money on not losing it to a house edge. Besides that it's player vs player, so all cash flows stay within the betting community, an individual might lose some but that makes someone else happy.

We know it sounds crazy a non-profit casino, and we understand you might have some concerns. Because of that we would like to be as open as possible and work side by side with the betting community. We will answer all project related questions.
We are currently financial stable enough to maintain the website, we do have the option for donations if anyone would like to help us out. But we will never ask for your money.



How our RNG is provably fair

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.


User interface
https://i.imgur.com/bD81XYh.png



RE: This might be a different approach to gambling - Fifty-Fifty - Sep 21, 2019

(Sep 20, 2019 05:21 PM)Focus Broken Wrote:  It looks good, and from experience, I can say that current bet matching liquidity for bets isn't a very big issue as soon as you attract just a few people.  Very altruistic concept, I'm curious how you plan to monetize/scale it.

Thank you for your feed back!

But for the first 10 users it might be better that they are able to play afk due to the fact there wont be maybe "online" players.

In the near future we plan to add dice games with the same concept as the coin flip. But then with 1-6 players in one lobby.
Next to that maybe increase the betting limits and add some more stability to the site. How this all will exactly fold out we don't know.
What i do know is that we enjoy working on this free for use concept and our goal is to make ppl aware there are always losing(in the long run) with gambling now. There are zero financial motives on our side of the story, we see it more like a hobby. ;P

Fifty-Fifty


RE: This might be a different approach to gambling - SIM-4274998 - Sep 21, 2019

(Sep 21, 2019 04:57 AM)Fifty-Fifty Wrote:  Thank you for your feed back!

But for the first 10 users it might be better that they are able to play afk due to the fact there wont be maybe "online" players.

In the near future we plan to add dice games with the same concept as the coin flip. But then with 1-6 players in one lobby.
Next to that maybe increase the betting limits and add some more stability to the site. How this all will exactly fold out we don't know.
What i do know is that we enjoy working on this free for use concept and our goal is to make ppl aware there are always losing(in the long run) with gambling now. There are zero financial motives on our side of the story, we see it more like a hobby. ;P

Fifty-Fifty

beware of blackshadow, a professional gambler who beats the casino even with house a edge 🤝
jk very cool concept, you may even earn in the long term if this many gamblers join, this will encourage them to never stop and sooner or later loose their potential earnings to you 🤝


RE: This might be a different approach to gambling - Rsynced - Sep 21, 2019

(Sep 20, 2019 04:25 PM)Fifty-Fifty Wrote:  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  remove the spaces!

Sincerely,

Fifty-Fifty

If you do not have a house edge, couldn't you go broke and out of business?


RE: This might be a different approach to gambling - Rsynced - Sep 21, 2019

(Sep 21, 2019 04:46 PM)Focus Broken Wrote:  If there's no house edge, there's no opportunity earn from customers.


Curious about this as well.  It's certainly possible you could finance the site with advertisements, and I've been eagerly awaiting reaching the singularity where efficiency increase so much that house edge is eliminated entirely and gamblers truly get to try their luck against each other instead of facing an inevitable loss.

It's almost to good to be true like a HYIP


RE: This might be a different approach to gambling - Fifty-Fifty - Sep 22, 2019

(Sep 21, 2019 04:16 PM)Rsynced Wrote:  If you do not have a house edge, couldn't you go broke and out of business?

Fifty-Fifty provides a platform on which people can play against eachother. So the only expenses we have are server costs, witch we are able to cover right now.

(Sep 21, 2019 04:55 PM)Rsynced Wrote:  It's almost to good to be true like a HYIP

In our minds the site is far from good now, but I can ensure you that its 100% true. =)


RE: This might be a different approach to gambling - Rsynced - Sep 22, 2019

(Sep 22, 2019 12:13 PM)Fifty-Fifty Wrote:  Fifty-Fifty provides a platform on which people can play against eachother. So the only expenses we have are server costs, witch we are able to cover right now.


In our minds the site is far from good now, but I can ensure you that its 100% true. =)

Ok, thanks for the info and good luck!


RE: This might be a different approach to gambling - Omniscient - Sep 22, 2019

Having a 0% house edge is an interesting way to advertise and market.


RE: This might be a different approach to gambling - Lindros - Sep 22, 2019

(Sep 22, 2019 12:13 PM)Fifty-Fifty Wrote:  Fifty-Fifty provides a platform on which people can play against eachother. So the only expenses we have are server costs, witch we are able to cover right now.


In our minds the site is far from good now, but I can ensure you that its 100% true. =)

This is what I thought when I saw the coin flip. Interesting, you are just using a hi-low RNG to determine the winner? I thought that the best way to get close to 50/50 gambling odds was RS staking lol. This seems just as good if not better/easier.


RE: This might be a different approach to gambling - Fifty-Fifty - Sep 22, 2019

(Sep 22, 2019 03:06 PM)ZietzSeV Wrote:  This is what I thought when I saw the coin flip. Interesting, you are just using a hi-low RNG to determine the winner? I thought that the best way to get close to 50/50 gambling odds was RS staking lol. This seems just as good if not better/easier.

By using clientseeds and a serverseed we determine a number between 1 and 1 million so yes an hi-low rng.
Indeed Runescape staking was the closest you could get to 50/50 odds but due to the new tax system that doesn't work anymore...


RE: This might be a different approach to gambling - Fifty-Fifty - Sep 24, 2019

(Sep 22, 2019 02:39 PM)Omniscient Wrote:  Having a 0% house edge is an interesting way to advertise and market.

Not only that but we think a PvP system is the purest from of gambling.
And if have have the resources to create that why shouldn't we? :P


RE: This might be a different approach to gambling - Fifty-Fifty - Sep 25, 2019

(Sep 20, 2019 04:25 PM)Fifty-Fifty Wrote:  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  remove the spaces!

Sincerely,

Fifty-Fifty

Site is still online guys what do you think? :)


RE: This might be a different approach to gambling - drip2hard - Sep 25, 2019

Not a bad site, add more games though. Looks great!


RE: This might be a different approach to gambling - Fifty-Fifty - Sep 25, 2019

(Sep 25, 2019 09:34 PM)drip2hard Wrote:  Not a bad site, add more games though. Looks great!

Thank you for your feedback, in the future we will add more games like dice games, poker and sportsbetting.


RE: This might be a different approach to gambling - Fifty-Fifty - Sep 27, 2019

(Sep 21, 2019 04:57 AM)Fifty-Fifty Wrote:  Thank you for your feed back!

But for the first 10 users it might be better that they are able to play afk due to the fact there wont be maybe "online" players.

In the near future we plan to add dice games with the same concept as the coin flip. But then with 1-6 players in one lobby.
Next to that maybe increase the betting limits and add some more stability to the site. How this all will exactly fold out we don't know.
What i do know is that we enjoy working on this free for use concept and our goal is to make ppl aware there are always losing(in the long run) with gambling now. There are zero financial motives on our side of the story, we see it more like a hobby. ;P

Fifty-Fifty

Still online, let us know what you think!