After a solid nine hours of tedious code monkey struggle the withdrawal function of the Steem-Roller project, it appears to be completed! As it sits right now the project "could" be launched given the betting, investing, chat, deposit and withdrawal functionality are finally completed. The few functions left to finish implementing are the investment profit commission code and finishing up the site/chat moderator functionality. As it sits though it is a fully functioning gambling site offering community bankroll and 1% dice game for the STEEM currency. Currently looking at the site development being around 94% done and with a little luck closed beta testing should start around the beginning of next month.
Fast F**ckin' Withdrawals
Upon requesting a withdrawal from your account within 15 seconds it will be transferred to the account you specify. Allowing full customization of the withdraw amount with no minimum as well as the ability to set the transfer memo users will be able to send directly to exchanges or add custom memos to their withdrawals to keep track of their finances. A small 0.005 STEEM withdrawal fee applies to each successful withdraw request which will be taken off of the total amount withdrawn and will be used to offset operating costs and mitigate malicious individuals from using the site to spam transfer operations to the blockchain.
Faster F**ckin' Deposits
Deposits to the site generally are credited to account in less than 10 seconds from being sent with a maximum of 30 seconds to be added to accounts. Compared to BTC, LTC, DOGE, ETH or other crypto currency casino deposit delays this project blows them out of the water. Got the urge to gamble or invest in the bankroll? Don't get stuck waiting multiple minutes waiting for your deposit transfer.. The deposit functionality on this site is incredibly quick!
Real-Time Bet Monitoring
Anyone betting any amount of STEEM on the site will have their bets broadcast to all other clients allowing both gamblers and investors to keep an eye out for high rollers and massive gambling wins. Not only will the users be able to monitor their own rolls but also the global users rolls and a high roller list featuring wagers over 100 STEEM.
Incredibly Quick Auto-Bet Function
Get your gamble on with the help of the auto-bet functionality built into the site. On average the auto-bet allows users to roll anywhere between 10 to 30 bets PER SECOND with all variables such as wager amount, win chance, stop on win, increase on win, reset on win, stop on loss, increase on loss, reset on loss, roll high or low and amount of rolls the user wishes to play fully user specified. No need to sit there and play.. Let the auto-bet bot do it for you!
Community Backed Bankroll Investing
Probably the most exciting part of this entire project is the completely open to the community bankroll investment vehicle offered through Steem-Roller. Anyone will be able to deposit STEEM and invest it into the bankroll allowing them to profit whenever any gambler loses a bet. On top of investment in the bankroll being open to public savvy investors looking to maximize their profit (and risk) will be allowed to apply leverage on their investment up to 50 times their actual invested amount. This means that profits will be 50x greater on gambler loses but will also mean that any wins the gamblers pull off will effect your investment equity at a 50x rate as well. Leveraged STEEM investments should be awesome!
While over a short term investors may see small losses on their investments if gamblers are lucky, given the 1% house edge and the law of large numbers over time profit is almost guaranteed. A commission fee of 10% will be charged on all investment profits gained by those invested into the bankroll, this is how the site creates profits in order to run its servers and fund future development of the project. Commission will only be charged on profits however, if the investors aren't making money on their investment I personally don't feel it is fair for me to make any. This is the best business model for a service like this.
Anti-Cheat Provably Fair System
Nobody likes scammers or cheaters.. With the completely 100% provably fair system implemented on project Steem-Roller you can rest assured that no one, not even me, the site operator, can manipulate or change your rolls to make you lose while gambling. You can verify your rolls on independent 3rd party sites to make sure the outcome wasn't manipulated at all, allowing for peace of mind that you'll have a fair gaming experience. By allowing the user to change their server seed and client seed as they wish anyone wishing to try their luck can rest assured that no roll buggery or manipulation can take place.
This provably fair system is bullet-proof and is beyond the industry standard as far as gambling site security for user rolls goes. Insist on provably fair gaming wherever you play!
In Closing...
I'm damn excited to be first to offer a community bankrolled STEEM casino. While development has been a long and grueling process the end result should be an incredible boost to the use and demand for STEEM as well as provide an incredibly lucrative investment vehicle for those with liquid STEEM. While a few gambling sites offering STEEM have popped up over the past year, none of them offer the functionality nor investment potential that this project will bring to the table. All in all I believe that this service, once completed and fully tested, will help strengthen the market demand for STEEM as well as create a sub-community within the existing ecosystem helping it flourish.
Thanks for Reading, the Upvotes and Support!
Have a gooder folks!