Cryptocurrency Casino Wl's

[ocportal]

Has anyone tried one of the many new cryptocurrency white labels yet?
I've seen some claiming they run with 0% house edge and using advanced blockchain technology for transparency.
What's your thoughts about them?

 

[TheGooner]

If they run with 0% house edge they won't make money to pay the bills - let alone affiliates.


If they're lying (or exaggerating) about that just how transparent do you think that they are?

 

[RyanWeb]

I have tried CryptoSlots by slotland, that is the only full crypto casino I have tried. To sign up you only need an email and password, its actually pretty cool.

Otherwise I have tried some of the deckmedia and bettingpartners casinos with btc, deposit and withdrawals are both fast. Deposit almost instant, withdrawals are less then 24 hours.

Casino Extreme also accepts a BTC, BCH, ETH, LTC and others. As far as white labels, do you have a list? I don't see many listed on your site?

If they run with 0% house edge they won't make money to pay the bills - let alone affiliates.


If they're lying (or exaggerating) about that just how transparent do you think that they are?

I have seen this at edgeless.io where it is ran using Ethereum smart contracts.

"0% HOUSE EDGE
Our casino will offer games that are solely based on skill and luck. If played perfectly, people will have a 0% edge gambling experience. However if players make mistakes; the casino will profit in the long run. "

 

[natshalovesfs]

If they run with 0% house edge, it's not actually good as far as I know

 

[AussieDave]

"0% HOUSE EDGE
Our casino will offer games that are solely based on skill and luck. If played perfectly, people will have a 0% edge gambling experience. However if players make mistakes; the casino will profit in the long run. "

I could somewhat agree with this if it were "skill" based, where the player's choice/selection or whatever determined the game's outcome. However games of "luck", are not influenced by anything other than chance (and probability if said game/s are ethically legit). Lets reverse the aforementioned... They're saying games of "luck" can give the player a 100% advantage. I say, BS!

 

[RobertJames.RJ]

It's nice to use crypto technology for gambling cuts bitcoin
Block chain system for btc working wherry "interesting")
the big time of transaction and huge fees repel gamer's from deposit in crypto
But our world move forward, and now we have a lot of crypto casionos in online
where you can deposit your money with lesser known currencies, so search and try by yourself, this is one advice
by the way you can find btc casinos in new bitcoin reviews about casinos like <snip> [spam removed]
hope it was helpful for u!)

 

[ocportal]

I could somewhat agree with this if it were "skill" based, where the player's choice/selection or whatever determined the game's outcome. However games of "luck", are not influenced by anything other than chance (and probability if said game/s are ethically legit). Lets reverse the aforementioned... They're saying games of "luck" can give the player a 100% advantage. I say, BS!

Well, I guess counting cards on blackjack online is a pretty difficult task. Maybe we should ask Don Johnson
In terms of probability and slots games I think blockchain technology offers great new ways and is on its way to revolutionize the iGaming industry. Also when you look at most online casinos they just bundle games from various providers and put a brand together that way but by using bitcoin, blockchain and cryptocurrencies for enabling white labels to run with smart contracts seems to be very interesting. I've seen some coins like casinocoin and others specializing in this field so I'm very curious to see what else is in development, especially for online casino owners.

 

[ocportal]

I have tried CryptoSlots by slotland, that is the only full crypto casino I have tried. To sign up you only need an email and password, its actually pretty cool.

Otherwise I have tried some of the deckmedia and bettingpartners casinos with btc, deposit and withdrawals are both fast. Deposit almost instant, withdrawals are less then 24 hours.

Casino Extreme also accepts a BTC, BCH, ETH, LTC and others. As far as white labels, do you have a list? I don't see many listed on your site?



I have seen this at edgeless.io where it is ran using Ethereum smart contracts.

"0% HOUSE EDGE
Our casino will offer games that are solely based on skill and luck. If played perfectly, people will have a 0% edge gambling experience. However if players make mistakes; the casino will profit in the long run. "

Crypto Slots looks pretty good, didn't know that one yet. Seems worth a few spins

 

[AussieDave]

They're saying games of "luck" can give the player a 100% advantage. I say, BS!

@ocportal - you quoted me, but didn't put forward any logic to why this tech can offer a player 100% advantage on a game of pure luck... I'm interest to know how this is at all possible???

 

[ocportal]

@ocportal - you quoted me, but didn't put forward any logic to why this tech can offer a player 100% advantage on a game of pure luck... I'm interest to know how this is at all possible???

Have a look at funfair.io, things are still in development but one of the potentially coming benefits for players could be that through blockchain technology, a players funds won't be held or controlled by the casino operator but by the player itself. Transparency is another but this will depend on the provider I guess.
Games of luck can be manipulated as history shows clearly (there ain't any luck for random players on those), makes sense?

 

[RyanWeb]

I also don't fully understand how 0% house edge could be sustainable unless they are trying to say algo wise the players will win 50% of the time and the house will win 50% of the time on average, keeping the house bankroll for games of luck at a somewhat consistent number. Then the casino would only make money based on games of skill, where the player must play a perfect game to obtain a 0% house edge, otherwise the casino will profit in the long run.

I'm just guessing how they might do it, I really have no idea.

 

[Kadabra]

i remember reading about it but need to find where. Anyway, depends on the game i guess. For example on roulette it means no money for casino.
Blackjack - it's really not a problem, as most players are far from playing the perfect strategy. In the past i've checked the bet/win ratio from my blackjack players - it was nowhere near the 0.5% house edge which most online bj games offer.

 

[LandofOz]

I have a lot of respect for Slotland Affiliates, but an online casino with a 0% house edge isn't what I'm looking for.

 

[RazorGamer]

It's certainly not what I'm looking for either, LandofOz.

 

[Robert Rejnek]

I have a lot of respect for Slotland Affiliates, but an online casino with a 0% house edge isn't what I'm looking for.

Hi,

This is Robert from Slotland Affiliates. We noticed that our brand name was mentioned here so I would like to provide you with some clarification

Our new CryptoSlots brand is really a cryptocurrency casino only. But unlike edgeless or funfair, we do not have any games with 0% house edge and our game engine is not based on ethereum smart contracts. We do not offer white label casino either. We offer standard slot machine and video poker games to our players.

What I would like to point out is the Provably Fair technology we decided to adopt for this project. In our opinion, this technology will be beneficial for the whole industry even though the concept still requires more promotion in the gambling community.

Robert
Slotland Affiliates