EOS Poker Review

root
Reviewed: 31 January 2019
Poker is one of the first movers in the gambling dApp category. Contradictory to their token name, EOS Poker hosts a Blackjack dApp where users play a provably fair game of Blackjack against the AI.
EOS Poker is consistently working on improving their Blackjack game with features such as split being implemented recently. The team is also looking to create a Poker dApp in the near future.
References
Name EOS Poker
Platform
EOS
Token of interest
Supporting wallets
Category
Users 24h
379
Users 7d
Overall rating:
4 / 5
User experience
★★★★☆
Token integration
★★★★☆
Team
★★★★☆
Community
★★★★★
Security
★★★☆☆

How to use

  • Ensure you have Google Chrome (or another compatible browser) installed
  • Install (or access) Scatter (https://get-scatter.com)
  • Set up a new EOS address (or use your existing one)
  • Fund the address with EOS
  • Navigate to the eospoker.win to start playing

Functionality

We start by wallet support and registration of the account. As with many other gambling platforms that use EOS, you do not actually create your own profile but rather use EOS account instead. Clients need to set up Scatter and EOS wallet prior to the investment. The EOS Poker is currently only available on desktop.

The EOS Poker dApp provides an experience of playing Blackjack versus a dealer and users are able to run through many more games thanks to the short block time of EOS and not having to wait for other players like they would in a casino.

The whole system has improved a lot since inception with a recent visual uplift done to provide users a better gaming experience.

EOS Poker has also partnered with other EOS projects to list their tokens on the Poker platform. This give users of the dApp an option to play with tokens other than EOS.

Token Mechanics

Similar to most gambling dApps, Poker tokens are “mined” when users play on the Poker platform. Poker’s mining mechanism is governed by the following formula:

Poker=EOS Wagered*Remaining Poker×0.0458,000,000

Users can also stake Poker tokens for “dividends”, a payout of the platform’s profit.

Poker has also implemented a staking system for both tokens and EOS. Risk adverse users are able to earn Poker tokens by providing the dApp CPU. Users who stake CPU to the Poker contract are given Poker tokens daily.

The referral mechanism of Poker allows the referrer to get 50% of the Poker tokens mined by the referee. The referrer will also enjoy 0.2%  of the referee’s winnings in EOS. All rewards are paid out from the team and the referee does not bear any cost.

Issues

Hacks are part and parcel of a growing ecosystem. Hacks also bring to light exploits that developers might have overlooked. The EOS Poker platform has been hacked once where the service logging down seeds was not restarted after an update. The malicious user was able to apply a “Blackjack” seed to recurrently win. EOS Poker was lucky to escape with only 1,374 EOS stolen by hacked lottery123.x

The team has implemented measures to prevent future occurrences like moving funds from the hot wallet to a cold wallet whenever a threshold is hit. This prevents dApp based exploits from draining their entire account.

Final verdict

We find that EOS Poker is innovative to start with a dApp that differentiates them from the norm. EOS Poker remains the go to platform for Blackjack players and have a tight community with developers occasionally checking into their telegram chat.

User experience
★★★★☆
Token integration
★★★★☆
Team
★★★★☆
Community
★★★★★
Security
★★★☆☆

Disclaimer

Token Valley is an independent provider of research relating to the Decentralized Application ecosystem. We have not been paid nor mandated for this research report. The views expressed are entirely those of Token Valley, and are merely opinions. The contents of this report and its attached documents have been prepared without taking account of your objectives, financial situation or needs. Because of that you should, before taking any action to acquire or deal in, or follow a recommendation (if any) in respect of any of the financial products/ investments/ tokens/ or information mentioned in or downloaded from or through this website, consult your own investment adviser to consider whether it is appropriate having regard to your own objectives, financial situation and needs. Whilst Token Valley believes the information contained in this report is based on information which is considered to be reliable, its accuracy and completeness are not guaranteed and no warranty of accuracy or reliability is given or implied and no responsibility for any loss or damage arising in any way for any representation, act or omission is accepted by Token Valley or by any officer, agent or employee of Token Valley or its related entities. Token Valley reserves the right to at any time vary, without notice, the range of services offered and the terms under which such services are offered.