RE: GAMER Buyback System is LIVE by cryptopassion

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Viewing a response to: @kryptogames/gamer-buyback-system-is-live

steemit · @cryptopassion ·
$0.47
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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vote details (8)
@cryptopassion · (edited)
$0.13
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.
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vote details (67)
@qam2112 · 
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

Posted using [Partiko Android](https://partiko.app/referral/qam2112)
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vote details (1)
@kryptogames · 
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.
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@cryptopassion · (edited)
$0.12
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.
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vote details (72)
@transcript-junky · 
@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...
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@kryptogames ·
$0.28
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?
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vote details (1)
@cryptopassion · (edited)
$0.12
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.
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vote details (69)
@kryptogames · 
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.
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