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An idea needs feedback

Discussion in 'Online Casinos' started by hahacasino, Dec 12, 2004.

    Dec 12, 2004
  1. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    Hi,

    I plan to start a casino with a new concept, make every player a house stock holder and get paid daily.

    Add a feature to software by this formular:

    player income = 50% x house profit x player wager / total wager

    So a player will always make some money just by wagering. House profit cuts down 50% but might get more players to join.

    I need your feedback on this idea, do you like it? Who's software you prefer?
    Should I use a window to display how many players are online, total wager, house profit, your wager and your income?

    All feedbacks are deeply appreciated!
     
  2. Dec 12, 2004
  3. sming

    sming Dormant account

    Quite a noval idea! Can you base your casino on games with live dealers such as casinowebcam? Because there is more for the player, it ought to attract educated players.

    -sming
     
  4. Dec 12, 2004
  5. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    sming,

    Thank you very much.

    I am looking for a software that is welcome to the most players, any suggestions?

    I hope to attract uneducated players, educated players don't play house games, me for one.

    I believe gamblers are all money greed, give them $ they will come.

    How to give, when to give and how much to give, will be the key.

    I plan to use halfcasino.com or casinohalf.com to name the new casino website, which one is better?

    Thank you again, wish you a great day!

    Joe
     
  6. Dec 13, 2004
  7. BakuPT

    BakuPT Dormant account

    Occupation:
    None your business
    Location:
    Portugal
    The idea seems very interesting and would for sure atract lots of gamblers however:

    Day 1 - I deposit $100 make a red/black wager on roulette and lose
    0,5x100x100/100=$50
    I get $50 bucks back. I cashout those $50.

    Day 2 - Deposit $100 again, same bet and win.
    I cashout $200.

    Loks like there need to be some more "rules" to prevent these kind of action.

    PS: casinohalf.com seems a better name.
     
  8. Dec 13, 2004
  9. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    BakuPT,

    Thank you for your feedback!

    Maybe I didn't make it clear.

    Some players win some lose, house net win is the house profit.

    your income = 50% x house profit x your total daily wager amount / total players' total daily wager amount

    Good bj players might like this idea the most.

    Or I misunderstood your question?

    Nice evening!

    Joe

    PS> I see it now, you are talking about half of the loss back idea, cash back 10%, seems intercasino is using it.
     
    Last edited: Dec 13, 2004
  10. Dec 13, 2004
  11. BakuPT

    BakuPT Dormant account

    Occupation:
    None your business
    Location:
    Portugal
    Yes i was thinking of something like these.

    I must say that your concept that i now understand correctly is very,very,very interesting. I would just make it work by dividing games into categories and i am talking against myself :what: . I usually only play BJ or Jacks or Better or something above these returns.
    What i am saying is do these but slots,keno,etc split the house profit among them.
    Video poker among them.
    21 games category among them.
    Or just rank stuff by % : Below 95%, from 95% to 98% and above 98%.
    I think something like these would be more effective to atract customers and of course more fair.
     
  12. Dec 13, 2004
  13. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    Thank you for the post!

    Why make it so complicate? No matter what you play, win or lose, the only thing that matters your income is your total wager amount and the house profit. Same concept will apply to sports, bingo and poker in the future if the casino become a winner.

    I watch the bonus war, comp war for long, believe players are tired of them. Make player a stock holder seems a good solution.

    Play low house edge games or not is of players free choice.

    Thoughts?
     
  14. Dec 13, 2004
  15. unicorn40

    unicorn40 Dormant account

    Occupation:
    cold storage warehouse worker
    Location:
    Ontario, Canada....
    Regarding the "rebate"...

    Hey Joe....

    Using this as an example...

    If you have 20 players.... and 18 lose an overall average of $100 each...
    Then you have the two other players win a total of $2000...

    The 18 that lost would get "nothing" back... is that correct?

    And how often would you payout any rebates, and start from 0 again?
     
  16. Dec 13, 2004
  17. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    20 players are played in the last 24 hours, if 18 lost $100 each and 2 won $300 each, the house profit is $1200.

    If you are one of the 20 players, no matter you won or lost on your game play, on midnight you will get paid this much:

    $600 x your total wager / 20 players total wager

    Tomorrow will be paid again if you wager and casino makes profit.

    Is this answer OK to you?

    Thank you for your post!

    Joe
     
  18. Dec 13, 2004
  19. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    I too think this is an interesting idea. However as a player you need to fully trust to operators before you get into this. I'm not saying you are untrustworthy, far from it, but there needs to be something in place that gives peace of mind.

    You ask what type of software to use. I think personally if it was Microgaming or Cryptologic (personally I prefer Microgaming) , I'd trust the concept as they seem to licence to trustworthy people. If it was RTG or another software platform, I'd need more convincing. From what i understand, to get a licence you need to prove that sufficient funds are there to withstand player wins - this is usually a hefty 7-figure amount I believe (Jetset will probably know more on this) so understanding who's backing the operation would also help with the trust thing.

    Hoep that helps Haha...good luck with the idea.

    Cheers

    Simmo!
     
  20. Dec 13, 2004
  21. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    Simmo,

    Thank you very much!

    microgaming software will be the first choice.

    Agree totally, player trust is the key.

    If our meister become the casino host, we ought have a winner.

    Cheers :lolup:

    Joe
     
  22. Dec 13, 2004
  23. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    True Joe - but that would probably put him in a difficult position so don't bank on that one :)

    Cheers

    Simmo!
     
  24. Dec 13, 2004
  25. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
  26. Dec 13, 2004
  27. Slotster!

    Slotster! I predict a riot. CAG

    Occupation:
    al Hazard
    Location:
    Location, Location!
    :lolup:

    I can't download the software, it just keeps taking me back to the index page. Shame, it looks like my kinda place :D
     
  28. Dec 13, 2004
  29. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    True Simmo - but who else has his power?

    If, just if, it could be a legend story in gaming world.

    He is too famous to be just a webmaster.
     
  30. Dec 13, 2004
  31. Simmo!

    Simmo! Moderator Staff Member

    Occupation:
    Web Dev.
    Location:
    England
    Actuall CM, joking aside, I wonder if a Sex theme for a real casino run by reputable operators would bring in the punters. Interesting experiment...
     
  32. Dec 13, 2004
  33. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Roman casino tried that!
    But you can't use their name & reputable in the same sentence! :D
     
  34. Dec 13, 2004
  35. hahacasino

    hahacasino Banned User - too annoying

    Occupation:
    enjoy life
    Location:
    us
    :lolup:
     
    Last edited: Dec 13, 2004
  36. Dec 14, 2004
  37. sw2003

    sw2003 Dormant account

    Location:
    somewhere :)
    What motivated you, Bryan, to put up that page? It seems pretty weird!
    I wouldn't call that funny, ok may be just slightly! :)
     
  38. Dec 14, 2004
  39. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    Slotland sponsored the "Spot the Fake Casino" promo last year. I had banners located on the site linking to this "casino" and contestants were to "spot the fake casino". Those who did were entered into a cash prize drawing I believe. I had another one "Rip Me a New A'hole Casino" but it's no longer live :(
     

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