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RE: GAMER Buyback System is LIVE

in #steemit5 years ago

Are you sure of that sentence :
"Kryptogamers is a Provably Fair gaming platform with the lowest house-edge and maximum profit distribution (70% profits distributed)"

I mean, I have decided to start to sell all my tokens "gamers" because the dividend are very very low compared to what you are earning in reality.

Look again this time, you just withdrawed today or yesterday around 60k of STEEM, this is your profit for the last weeks (1 or 2 months max) and you are stating you are distributing in dividend 70% of the profit? I really don't understand how you can bring these numbers.

When I look the dividend distributed since the start of your game, it is around 26k steems. This amount is not even 50% of you last withdrawal and you did several other withdrawals since the game is existing.

So explained me your way of calculation because for sure it is not 70% of your real profits. I'm really impatient to see an answer about that.
Thank you.

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As mentioned in our dividend distribution post, all the dividends are distributed based on the house edge of each game which you already understand. And if you calculate our winning history in the last 1-1.5 months, you will see that 95% of the days were a loss for us but still we were paying out dividends and that few days were much more profitable and dividends were paid out during those days too. But, when a casino makes a loss day and dividend is paid, it is fine for you while if we make a profit, you feel disappointing. Do you think this is fair? If we dont make any profits, how would we run our platform?

mmmm I don't understand how you can give these numbers.
a good day for a dividend gives around 100 STEEM as total dividend for all the holders of the token. I have around 1-2% of all the tokens and I received around 1 or 2 Steem as didivend per day...

Are ou saying me that your casino don't earn more than 142 STEEM (142*70%=100 STEEM) 95% of the days? if you state that, I can say you it is totally false.

Tell me how you can withdraw 60k STEEM of pure profit in less than 2 months if 95% of the days you are in lost? I never see that you have injected back some STEEM in your casino because you were losing but I saw several times withdrawal of STEEM and the last one was around 60k, I remember others around 40k and so on.

if someone is good enough here with blockchain, is it possible to have the list of all the withdrawals done by "Kryptogames" and the possible deposits done by "Kryptogames" even I never saw any of those. It would show clearly your profits and show that you way of calculating your profits is wrong.

As explained in my previous post, only with your last withdrawal, it demonstrated that you are earning much much more than what is distributing to holders (26000 Steem distributed to token holders since the game started).

I'm not here to say you are earning too much (it is the goal of a casino) or that your games are not fair (even I lost thousand of STEEM in your games), I'm here to say that most of the profits are in your pocket and not distributed to the holders of the token like you are trying to show.

The fact is all our transactions are on Steem Blockchain. So I request you to please check each day's inflow and outflow so that you get to know the profit/loss of each day. Dividend distribution happens after factoring in the costs in the 70% distribution (https://steemit.com/steemit/@kryptogames/launching-the-highest-paying-dividend-system-equipped-with-the-first-ever-token-buyback-program-to-distribute-even-greater). If you can show me one day where we have distributed wrong dividends or anything wrong, we will accept your claims but without any calculation, please don't falsely accuse us of anything. It is simply the fact that the profits earned (60k Steem) can be much higher/lower than the house edge on any given day. So if you compare actual profits and dividend distribution as per house edge, you are comparing apples and oranges because dividend distribution is happening based on house edge which is a measure of house profits in the longer run and NOT on any given day or month. Please try to understand that we have always done the dividend distribution as we stated in our post. We have never lied to anyone about anything or given false claims or done anything unfair to anyone. If you still think the numbers are not right, you are most welcome to verify it and report it to us and the community.

Did I accuse you to lie? I'm saying that you are using the house edge calculation to distribute the dividends while your profits are much more bigger than this house hedge, it is all... no lie or false accusation here.

Where did you see I said you that you distributed wrong dividends for any days??? I'm saying that you are using a calculation for the distribution of the dividends which is not corresponding to your real profits, I say HERE REAL PROFITS (NO HOUSE EDGE), since you started that game. Am I wrong?

So yeah that topic is closed for me but please specify to all your communications it is 70% based on house edge and not this kind of sentence : "profit distribution (70% profits distributed)" that you are still using at the top of this post. Because for me, the profits are the money that you are able to whidraw each month and not that theoric house edge which will be perhaps verified one day or never...

If that's what you are trying to convery to us, then we can understand your point. 70% profits distributed is now changed to 70% based on house edge. You could have just told this earlier and made it easier for us as well as everyone. Thanks anyways.

I know you are calculating this profit with the house edge of eachgame but this calculation is not showing at all the reality of the profit that your gambling game is doing.

Understand that it is kinda disapointing to see your casino earning several thousand of STEEM in one day and see the next day that the dividend is around 100 STEEM in total and must be divided with all the holders of the token... That 70% distributing blabla is not showing at all the reality.

So yeah you will say you are not earning everyday but just compared the profits that you withdrawed and your house hedge estimation used for the dividend and you will see it is not at all the same amount... It is easy to see it as everything is on the blockchain.

The odds of you getting a reply are less the 10% lol Agree with you but don't think they speak English and the site is a scam. Have you had bets that freeze and take your money without doing anything had it done 5 times now. Zero response from anyone. No result shown just money disappeared. Also there blackjack game doesn't play right when they have an ace sometime they let you take a card be it a picture sometimes they just pull a picture themselves

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Yeah you are not fair with them on this point because I already had some issues and it has been always solved quickly on discord except for my last request which was a particular request. But so saying they don't answer and they don't have a support is not true.

Look at the messages on there post comments they haven't answered and I didn't realise you had to set up an account on discord and then solve the issue even though the app is on steem but I take back then

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Odds of getting a reply are 100%. Within 24 hours of intimation on discord, we have always refunded all freeze bets and resolved any issue arising out of anything. Also, all our algorithms including blackjack are open-sourced and 100% tamper-proof. Even if we want to, we can't change a single number for our benefit. If you want to know the details of any transaction id in our betting history, we can show you the generated numbers as per the algorithm step by step. Only thing needed by your side is willingness to accept that everything can be fair and not that everything out there is a scam.

You still haven't answered any of the comments on your last post don't see why I would have to go to discord bet should automatically be refunded. Also the point about when dealer has an ace sometimes let's player take card sometimes it doesn't. Anyway never mind. Of course it's fair. Just like online poker horse racing and every other sport until someone exposes it. If it was 'provably' one of the gambling apps would be bust by now. Casinos in my area have been bust by individuals so couple of thousand steem would disappear pretty quickly. Or at the very least you wouldn't generate profits at least one.

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@qam2112 - I totally agree. My main complaint is that their referral system has allowed some generally decent Steemians here to refer their allies here ( as is what happened to me - @vlemon referred me via a post of his which is he has STILL decided NOT to take don, even now that he knows that this is a scam ) and I lost 1,500 Steem because I trusted the referrer. From this point on I will NEVER follow a referral link to ANY site (from Steem) which is not "free to play". Thanks for reinforcing what I have been saying, and sadly CHASTIZED by some people for. We need to keep our guard up here. But maybe those 1.5 mil GAMERS tokens (and other SMTs ) will end up replacing the Steem I lost. Live and learn...

I have been gambling all my life I know when im being scammed. Please ask them how many decks of cards they are playing with?
Also why you can sometimes and sometimes cannot take a card when they have an ace?
As they won't answer me
The reason why your not winning is because if they don't play with decks of cards and it is truly randomly generated numbers your odds decrease massively but I still believe the game is rigged coz the cards that come out are just funny. Also the fact noone has won says it all

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@qam2112 Interesting how these ANIMALS only respond when commentors call them on their scam and proceed to spread the warning on to other community members. The dude who originally referred me (by posting links to the game ) --> https://steemit.com/gaming/@vlemon/afairbettinggamingwebsiteusingthesteemblockchain-asmf2p14q5#@transcript-junky/pv3nx1 continues to leave his post up DESPITE knowing well what you and I know - that this is a completely rigged game (in terms of "rigged" to the point of stealing people's money with out timely communication. You wrote "but I still believe the game is rigged coz the cards that come out are just funny. Also the fact noone has won says it all", to which I completely agree. I said in another comment that "I know what real blackjack FEELS like, and this does NOT "feel" right - or feels "funny" in your words. What I have now decided to do is contact some of the higher-ups in the Steemit admin to report this issue and ask what types of countermeasures can be taken to protect other members from falling prey to this. I have also started making some phone calls to some high level law enforcement contacts in the USA (ex. my brother-in-law who works for the FBI) and other high level contacts in overseas jurisdictions. These guys don't know who they're messing with...

Awesome keep me informed. I may do a session and Screenshot every hand to show people. When I did a post to say they are a scam had one guy defending them. At one point he said 'it's there game so they can make up the rules' which is bullshit. That's like me setting up a football game and giving you 3 players and I have 11 absolute num nuts.
I don't understand coding but I assume someone has written what the options are otherwise 'provably' would pick out card 15 or card z. It'd not the only one try playing dice with Luckgames. Play and withdraw then play again an see what happens. On a 50/50 dice game I had 18 losses in a row in one hour. Max wins I had were 4. It gave me 7,8,10,12,16,22,35,2,4,7 as I was betting high. It's sick but get on with this scam first

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Yup. Now we've got their attention, because they're responding quickly here - primarily to do "damage control" I believe. We have the evidence on our side, and will communicate PUBLICLY here on the blockchain so that all communications will be documented and timestamped. I already have some solid evidence, and I recommend that we gather additional evidence as a GROUP (as @cryptopassion is also keeping track of their inputs and outputs). The more of the "frozen hand" bets, which the house stole, that we have documented the better. Video evidence is ideal, as active-play screenshots are less convincing. Screenshots are better for documenting the tricks these idiots are playing via the comments section. The more players we can get to provide evidence the more leverage we will have, and the more we can post on OTHER sites related to online gambling, which will put INCREASING pressure on these sociapaths. They want you to communicate via Discord because that is NOT based on the blockchain, and so the communication (and timestamps) cannot be used as documented proof. Please send me any/all evidence you have (and can further gather) via SteemChat. I have begun contacting Steemit admin, as well as some external high-profile online-gambling review web sites to report this along with the evidence. The best way to deal with a situation like this is to spread the evidence of fraud as widely as possible across the internet. Seasoned gamblers will be able to verify the fraud if the evidence is provided. If we keep at it they will give and will compensate. There are web sites which outline the proper legal procedure for dealing with this exact situation, and I will be consulting with the webmasters of those web sites for further input.

We have a copy of their algorithms are are testing for fairness. If there is any evidence of foul play, we will support your cause. They use 4 decks of cards and cards are no repeated. I am sure of that.

Excellent. Problem we will have they will jump ship as they have most the steem and not in steem power so can easily exit. I'm not sure how successful we will be but if this stops anyone else being scammed I am happy with that, I'm a gambler used to losing but some people rely on this for an income and that's not right exploting them. Please @ me in to whatever your doing I'm in with you no problem

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