Post
Topic
Board Gambling
Re: Vulnerabilities in gambling websites in past
by
goldkingcoiner
on 06/03/2022, 22:20:03 UTC
What we need is a gambling site which is as decentralised as possible and which does not store funds.
This idea is only good for the business, yes its somewhat secure the funds, but not a customer-friendly. If this is executed by a smart contract imagine you need to pay fee for transaction or gas everytime you bet from your wallet. This is not reasonable and no users will last not unless the fee is too small that it cannot affect enough your wallet balance.
Since bitcoin doesnt have smart contract that works like that then the gambling site will only work using its token? Nah, I don't think it can gather lots of users here though. You cab call it a revolutionary or secured, but nevermind.

Well, if you consider smart contracts and cryptocurrencies of blockchains like for example, the Binance Smart Chain, then you pay mere cents for each bet. That does not sound like a lot to me? So you pay 14 cents and you bet instead of 1 USD, 86 cents. if you want. Seems fair. Even for the poorest among us, that kind of gambling should be affordable. Most bet at least 10 USD so the 14 cent fee won't even be noticable.

Perhaps there can be some sort of bonus system to even out the fees?
i am in need for such developer that create such, but does it run like the normal non smart contract dice games? are there any examples ?

Thats a question you could ask in the other subforums of Bitcointalk. Project development and services would be good places to start looking for people that may be able to help you with the answers. I myself am no expert on developing smart contracts or even gambling software coding. Services subforum has experts looking to get hired for a job and the project development subforum has many people like yourself, working on different areas of diverse projects.

You might get lucky. Definitely luckier than in the gambling discussion subforum.