Post
Topic
Board Gambling
Re: Housebets.io - The Leading DeFi Sportsbook & Casino
by
HousebetsIo
on 20/04/2023, 16:23:45 UTC
My Gosh what a feel I got when I visited the website.
That black background with vibrant colors steal the show, while also giving enough opportunities to us for playing and also getting a chance to earn LFI tokens. I've become a fan of the concept, however I'd like to ask a question that came to my mind instantly when I knew that most of the winnings will be sent instantly because it's through the liquidity pools on LunaFi. So, if a big player wins huge on your casino, will the liquidity be drained away to pay the entire winnings to him?
Love your feedback! We have been building this for so long, so nice to hear some appreciation! Regarding the liquidity issue you mentioned: There are limits in place to make sure this can't happen. We will continue to add liquidity too, so we can take larger bets, we are just coming out of Beta. The LFI pool also acts as a last resort of insurance should anything happen.

Thanks for your kind response.
I'm still a bit skeptical about something I'd like to ask.
As you said that LFI pool will be the last resort of insurance if any big bettor wins and you don't have enough to pay him, may I ask that except this LFI pool liquidity, do you have your own backup capital (I'm not asking about adding liquidity or something, but in other major crypto) in order to keep your end safe? I mean, is there some amount (I'm not interested in asking to disclose it) with you already that you'll use both in advertising/marketing as well as payments to gamblers should they play and win big at your place, or are the winnings completely dependent on the liquidity of players alone?
As well, I'd like to know the type of bonuses you guys are providing on deposits (if any). I'd also suggest you to give some free spins to new players to try out your casino, this will help drive real traffic to your casino as well as may also convert them into permanent players of your casino if they like playing there. Last but not least, as CryptSafe suggested, if you're looking for advertising and marketing, I don't think there's any better place but this forum that has thousands of gamblers available here whom you can hire through signature campaign and spread the word about your casino.  Wink
Yes we raised significantly more than what we have in the house pools. This is a very novel concept, so we don't keep all of our funds locked here and we have a significant amount allocated to marketing. Our Airdrop campaign alone next week will cost us a few hundred K or so as we are aware a lot of people will immediately dump the token! It's worth noting our main investor is Yolo, the guys behind Bitcasino / Sportsbet so we have been well-funded and have benefited from all of their expertise!

The current promotions are all around the airdrop (and future airdrop campaigns) but we will also have a deposit bonus soon, Race To Mars leaderboard (here tomorrow hopefully!) regarding free spins, we are looking into developing this software & more crypto games are being added tomorrow too!