Quote from: deisik on March 30, 2015, 04:20:41 PM

Quote from: futureofbitcoin on March 30, 2015, 03:04:20 PM

Quote from: deisik on March 30, 2015, 02:11:08 PM

Quote from: futureofbitcoin on March 30, 2015, 12:23:57 PM

Quote from: deisik on March 30, 2015, 10:46:26 AM

Yes, I had read your post and was going to reply to it, just wanted to first hear your reply to mine. I think, it is no use playing small amounts if you have time limits set or house edge incremented if you use a bot or otherwise try to increase your betting speed

I said in this thread before, but I'll say it again. Having a time limit is absolutely detrimental to a casino. If the point of giving the players an edge is to get more players to play, the amount of players they can get that way is far less than the amount lost because of a time limit. And the quality of players is a lot worse.

What do I mean? Well, if you consider a gambling addict, do they really want to wait say an hour between bets? No, they want to bet again right away to win back their loss, or maybe they're on a winning streak and they're "hot". They're not gonna wait until their "luck changes".

But you read just a part of my message. I didn't mean that those time limits should be firmly nailed down. Actually, I meant to say that the time limits (or rather time gaps between the bets) should ultimately determine the house edge. The faster you bet the higher edge you get...

Perhaps, I should update the opening post to make this clear at the start (since people tend to repeat what has already been said)

No I read your post. My point doesn't really change, people can just find ways around the time limit, or make a bot that plays right when the time is up. It won't really help bring in "real" gamblers, just people looking to make money off of the casino. They won't benefit from this.

You've read but seem to have misunderstood my idea. I don't know how the house edge is actually implemented at dice sites (anyone care to explain?), but I see no problem in keeping track of the time passed since the last bet made by the user. Therefore it shouldn't be difficult to change the house edge appropriately at the moment the bet is executed...

Wowow hold on a second, you are saying that the casino would change the odds in between bets depending on when the last bet was made? Like 51% chance to win, you bet and wait 2 secs and the next bet now has 50.5% chance? That would be a weird but good idea for a casino xD, quick register the patent!!