Post
Topic
Board Gambling
Re: Casinobit - no house edge, 100% payout
by
CasinoBit
on 08/12/2012, 21:42:37 UTC
I'm confused, why don't you just determine the games ahead of time and release the proof that you didn't cheat?  You are asking players to trust you because way after the fact you can estimate whether you had an edge or not.  That's kind of shaky evidence when you could just as easily release the order of your outcomes and we can both determine that you didn't change any outcomes and that there is no house edge.

To be completely frank, I am skeptical of a house that claims to have no edge.  Players don't care if a casino takes 1% (or whatever percent).

At the moment I doubt there is a casino in the world which is provably fair let alone one which accepts bitcoins anyone who claims otherwise is throwing around statements which are way too strong for him to comprehend and the 1% might not seem like a lot but in the long run it's the 1% that gets you.

Thus any casino which claims to be fair/provably fair while having a TTP are liars
I will believe your words if you are able to describe in details how to cheat for the SatoshiDICE operator.
Contrary, it is very easy to cheat for you as I have wrote in my previous post.

It is possible for them to rob their investors by sending selective transactions to themselves since they know the secret list ahead of time. The casinos you keep mentioning don't even have contact information when in our casino you can always open a ticket and someone will get back to you, even if you ignore the fact that they are detrimental to the bitcoin community.

I will much rather think how we can really prove that we are trustworthy instead of proving that others aren't, we are in the creative business, not the competitive one.