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Rl casino

Started by Wollongong [12833] on in Graveyard.

25 replies · 124 views · thread synced · 15 days ago · View on torn.com
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Wollongong [12833]

Ok... So the RMT rules are tightened, and you can now no longer use Torn currency to play slots on other sites.

 

First: I didn't know you could

Second: protecting people from gambling is a good thing

 

But... Implied in this change is a business model where a real casino accepts T$ as currency. The thing with a business model is that you have costs and income, and income exceeds cost.

 

Say I have a slotmachine. It works on US$ and TC$. People through in dollars, and it pays out dollars, usually keeping a percentage. That is your earnings.

 

How does that work with TC$? It takes TC$ and pays TC$, so the owner makes TC$. Which is worthless, unless you break the old RMT rules.

 

Or they pay USD, which means spending money to get something which doesn't seem worth the effort.

 

So unless we are speaking a hobbyist who is just having fun and getting some TC$ in return, what's the point? If I were smart enough to build a Ben-Hur style race, is it that bad if people spend some money? How is that different from selling a forum banner?

 

Stop... I am getting distracted.... The main question: how the hell does any serious casino make money from Torn players spending Toen currency?

NichtGersti [3380912]

There was this whole thread discussing the topic.

It's not what you think it is. It's players (vibe-)coding their own casinos for Torn players to gamble their money in, but these casinos are classified as other games under the RMT rule. Not just that, but they had the potential to be the perfect platform for RMTing itself or middlemanning asset-transfers for RMTs/multis.

Also it's completely unregulated and Torn staff understandably doesn't want to waste time on regulating them.

 

You can find like two dozen of them in the gambling forum on a single glance.

 

Edit: Nvm, pretty certain OP just trolls.

Mentions: Banning of third party casinos

Wollongong [12833]

What? How? A person losing sees his loss, how can you fake that? And even if you do, so what? You have a billion TC$. You can't pay the bills with that. You'd have to sell them, which was illegal anyway.

 

So confused...

pdk [3626257]

I pay you 1000$ irl. You set up a gambling site. i join and with 10m torn money join bonus i win a 100b jackpot, which i inmediatly cash out. Except your gambling site is an api checker which returns a rand if its not me, and a win if it is me. RMT

WhackedMaki [2587660]

Person 1, we'll call them Loser, has a third party casino app.

Person 2, we'll call them Loser 2, wants to buy money and contacts Loser, sliding him a few hundred real dollars.

 

Loser 2 makes an account on their app. Loser goes in and changes the background math on Loser 2's account.

 

Wow, Loser 2 won 5 billion TCT across their 10 bets! So lucky! This casino is so legit, look everyone Loser 2 won 5 billion so you should come gamble with us too!

pdk [3626257]

Thats one of the reasons they got banned

 

Scenario 2

I join a ‘legit’ gambling site, bet 10-20m, win, lose a few times, bet 1b. I lose. I martingale and lose 15b before stopping. Except behind the html its just reducing odds based on bet size, so 20m might have 60% to win, but 1b has 10%. Scam, and one that can target people who are selfexcluded, which defeats the purpose of that torn feature. 

Friends [1195734]

Players use these sites because you are not holding torn cash when playing (no mug risk) also they use items for credits that another way to do safe transactions while buying credits and cashing out credits 

Wollongong [12833]

That seems unnecessarily complicated.... Just pay me $ 1000, we marry, and a week later you notice I forgot to lock my vault. You clear the room, take all my cash and I go to the Forum to call you a scammer and everyone points at me and laughs about the idiot I am.

 

No need for a casino.

pdk [3626257]

Except why would you marry a noob? And what if i buy more than 1b torn cash? Or what if i dont want to buy torn cash and have my account labeled as a scammer?

Wollongong [12833]

The whole third party casino in toen is new to me, so I have no clue how to interpret it. Hell, I know zilch about online casinos.

 

Either way, I am struggling to understand why people would put in this much effort.

WhackedMaki [2587660]

I mean, the property vault only holds one billion dollars. It's pretty obvious when that happens a hundred times. Plus, that's a very clear in game trail of actions that staff can follow. Most RMT people aren't RMTing once, and after your 7th spouse cleans you out of a billion dollars in the vault there's going to be some head scratching.

pdk [3626257]

So your argument against RMT banning is ‘its unnecessarily complicated’? If someones gonna drop a few hundred irl bucks on torn, you think they wont wait 10min for you to buy a claude or chatgpt subscription or whatever ai vibecoders use and generate a scamsite?

Blackganox90 [3598209]

So you make sure that every player in your major city knows, then start an underground casino club, you play poker with em physically and pay with torn money, thats 3rd party gambling, but allowed :D

Wollongong [12833]

Ok, so consensus seems that casinos are a cover to collect TC$ in order to have something to sell to others for cash?

 

Is that worth the effort? Does it even cover the hosting/server cost of such a casino? 

 

Say I let my vault be emptied for 1B each time... It takes a few hours of work.is TC$ traded for such a high price that it is worth the effort???