Bitcoin Forum

I've been asked by RHavar (https://bitcointalk.org/index.php?action=profile;u=389331) to organize an event in which you can win a few Silver Wallets (https://bitcointalk.org/index.php?topic=983211.0)! This event will be handled entirely by me. If I feel that you are cheating the system or disrupting the event, you will be disqualified and made in-eligible to participate in this event. My username on bustabit (https://www.bustabit.com/) is "bitcoininformation".

Who is allowed to participate?
Everybody is allowed to participate, as long as you have a bustabit (https://www.bustabit.com/) account and you are able to post here!

How can I claim a prize?
To claim a prize you have to post the following information:

• Your bustabit username
• Which contest you won
• The game id which qualifies you to win the contest (if applicable)

If everything checks out you will need to get online on bustabit so that I can confirm in the chat that the posted username is really you. After that I'll need the following information from you:

• Name
• Street Address
• City
• Province/State
• Postal/Zip Code
• Country
• Email Address (for Track&Trace code, optional, but recommended)
• A phone number (if you are from outside the US)

What can I win exactly?
You can win one of the following coins, but which you get depends on which contest you win.

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           Design 1                         Design 2               Design 1 /w Gold
https://i.imgur.com/gvvGhrB.jpg (https://i.imgur.com/guHpahX.jpg)  https://i.imgur.com/30swvYM.jpg (https://i.imgur.com/2I8v37v.jpg)  https://i.imgur.com/7k0umOe.jpg (https://i.imgur.com/3iwSUx3.jpg)

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Current contests

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None!

Finished
1.   whitetuxpeng (on bustabit) The first person to bet 1BTC (1,000,000 bits) and have it bust at 0x wins a non-numbered Design 1 coin. (0.990099% chance)
2.   Dexon The first person to bet 0.1BTC (100,000 bits) and have a perfect cashout at 1.1x (i.e. the game also busts at 1.1x) wins a numbered Design 2 coin. (0.817513% chance)
3.   whitetuxpeng (on bustabit) The first person to get the profit of half of the max profit (currently 5.26BTC) wins a numbered Design 1 /w Gold coin. (15.683168%)
4.   Dexon The first person to bet 0.001BTC (1000 bits) in a 10x game (after game id 1894700 (https://www.bustabit.com/game/1894700)), wins a non-numbered Design 1 coin. (9.811792% chance)
5.   snailmen The first person to bet 0.0001BTC (100 bits) and cashout at or after 50x, wins a non-numbered Design 1 coin. (1.960788% chance)
6.   Everyone that wagered 10BTC or more this month are eligible for a free non-numbered Design 1 or a numbered Design 2 coin, if they pay shipping. This offer can only be used by the first 10 0 people that pay for shipping (reserving is not possible). Please checkout the list to see if you qualify (https://bitcointalk.org/index.php?topic=1194812.msg12558099#msg12558099) and be sure to claim your spot.
7.   Yna The first person to bet 0.001BTC (1000 bits) in a 10x game (after game id 1898005 (https://www.bustabit.com/game/1898005)), wins a non-numbered Design 1 or numbered Design 2 coin. (9.811792% chance)
8.   going4gold The first person to lose 0.5BTC and then recover it, wins a numbered Design 1 with Gold Trim! This streak cannot be used for #9.
9.   i.o. The first person to lose 8 times in a row (doubling each time, or more) and recovers it wins a non-numbered Design 1. This streak cannot be used for #8.
10.   Gmaster1 The first person in the top 100 (https://bustabit.com/leaderboard) to post here (after game id 1901900 (https://www.bustabit.com/game/1901900)), gets a numbered Design 1 with Gold trim! You can only participate in this event if you haven't won anything in this event.


This event is done on a first come, first serve basis, so be sure to claim your reward fast. In this context "bust" means that the game crashed at the specific multiplier. Game results from before this thread do not count.

#2 looks like something achieveable for me! Lemme have a try

https://www.bustabit.com/game/1888018

100k bits on 1.1x !

Confirmed. Congratulations on being the first to win!

Congrat haha maybe next lucky -_-

The site admin & the thread's OP (promoter) do expect gamblers to exercise a minimum of intelligence in realizing that trying to win this type of 'contest' is a tremendously negative-EV endeavor (https://bitcointalk.org/index.php?topic=709185.msg12542244#msg12542244), obviously ; As they wouldn't bother running this 'contest' unless it was at great mathematical & psychological advantage to them (house edge, gamblers' fallacy/greed, etc)..

So, enjoy losing more to the game than you won from your 'high position' in the 'LoserBoard' (http://www.bustabit.com/loserboard), w/ high-risk, low-reward, low-payout* gambling to 'win a loser's contest' xD

*The maxprofit, high cashout contest winning option is an exception to the rest of the 'low-reward high-risk (of insta-bust) modes' - but what makes it a low-worth wager to chance is actually the house max bet limit, which, due to thus not being able to increase bet size much at all when hitting low multipliers, thus resulting in something like this (http://www.bustabit.com/user/whitetuxpeng) much more easily than the odds of hitting MaxProfit on a bet successfully, before the downfall happens ;p

I don't believe this is the case, if not for the simple reason all these prize-triggers were going to happen anyway. So if you didn't purposely try get it, that's a nice free bitcoin silver wallet for you.

And if you are smart about it, you can make it pretty easy to get the prizes without being -EV. For instance,  busting 1 btc of 0x:  If you bet 1 BTC @ 1x, there's 0 house edge, and only two options: You win the bet (+ possible bonuses) or you lose the bet, but win the contest. So even if you valued the prize at $10, this would be +EV for the gambler. (Note: You may need a 2nd account to bonus snipe people who bonus snipe you).


Really the point of these contests are to have fun, and improve the bustabit community, not a short term money grab. In fact, for the contests to "pay off" they would have to generate about ~1700 BTC worth of extra volume, something i strongly doubt they will nor expect them to.

https://www.bustabit.com/game/1885911

1BTC bust at 0x

Game results from before this thread do not count (as stated in the OP).  Sorry.

assloua:!winner
DexonBot : Winner winner, chicken dinner!! Congratulations!! :D

I'm hope everyone at bustabit.com/loserboard can got chance to gets COIN  :D with randomly LUCKY Using !Roll 100 At chat box  ;D ;D ;D .

Such beautiful coins. Congrats !!!

username: nino127-5
https://www.bustabit.com/game/1894322

Haha, i know right :P

Not sure why you are posting here as you didn't win anything.

I'm no on the top of players list ?

I guess so, but there isn't a contest for that. You didn't got the max profit nor did you gamble 1BTC and went bust on the 0x.

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Two new contests have been added to the OP!

Remember: This contest is done on a first come, first serve basis. If you are the first to claim a contest (and proof that you are indeed eligible to win), you'll get the price.

https://www.bustabit.com/game/1894712

1k on 10.00x

Confirmed. Another coin for you!

Hit it! 50x on a 100 bit bet!

http://bustabit.com/game/1894809

Confirmed. Well done!

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Users that have gambled 10BTC or more this month are eligible for a free non-numbered Design 1 or numbered Design 2 coin, if they pay shipping. This offer can only be used by 10 0 people that pay for shipping (reserving is not possible). Please checkout the list to see if you qualify and be sure to claim your spot.

Hi Mitchełł, i'd like to claim! (same username as Bustabit).

How do I proceed? PM Sent.

Q's;

• Approximately how much would shipping be to Australia?
• Can I pay in Bitcoin ;-)

EDIT: I just read https://bitcointalk.org/index.php?topic=983211.0. Bitcoin, Yes. $13 international shipping.

Shipping internationally is indeed $13 and it's $5 within the USA. You can, of course, pay with Bitcoin. I've received your PM and once I confirm your identity we will conclude this deal, which will get you a nice coin for a very low price. ;)

EDIT: Identity confirmed. Shipment paid. Coin will be send in 24 to 48 hours.

Thank you, Mitchełł. Looking forward to it's arrival.

what if I wagered more than 10 btc for the year 2015?

That just work for 1month.

I would like to claim also, thanks.

Ill send a pm  ;D

Confirmed! Your coin will be send within 24 to 48 hours!

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Let's have another contest! Yes, we have had this one before, but it's so nice and easy!

EDIT: Already won by Yna in game 1898008 (http://bustabit.com/game/1898008).

I believe I qualify for one.

Your bustabit username: 3forem
Which contest you won: Wagered 10btc

Correct. You are the last one as well. ;D

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I've made contest #3 a lot easier. You now only need to hit a 5.3x multiplier with 1BTC instead of a 10.something. The chance to get that is 18.494302%, but you must be willing to risk a BTC to do so. Of course, you could use less, but you would need to get a higher multiplier.

About contest #6 I can see only three coins were claimed but contest is over.

Am I missing something?

A lot of people didn't post here. They just claimed it with a PM or in the bustabit chat itself.

Oh well, misinterpreted contest rules: when I read "...on a first come first served basis" I thought a post here to record order of arrival was necessary otherwise there would be a certain margin of discretion in claiming order (not important in first nine positions but decisive for the remaining one).

But all good if there are no disputes

Glad to hear that! Here are three new contests! Good luck everyone. ;D

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I think i hit #9

https://www.bustabit.com/user/dxc

Yes you did! Your coin will be shipped within 24 to 48 hours. ;D

posting to confirm about #7
https://www.bustabit.com/user/going4gold

OOH! me for #10 bustabit.com/user/Gmaster (http://bustabit.com/user/Gmaster)

Your bustabit username: Lanky
Which contest you won: #10
The game id which qualifies you to win the contest: https://www.bustabit.com/game/1901900

Both confirmed winners. You guys know what to do (it's all in the OP).

https://www.bustabit.com/game/1832712

What about that game? Is doesn't win #1 or #3. It also happened before this thread (and thus invalid anyway).

Does this require a payout or a profit of that value?

The natural interpretation would seem to be that you need to profit by half of the maximum profit.

That would require a payout multiplier of at least 6.26x, which has a chance of happening of less than 16% (else the game would be +EV).

hmm, you are right! it should be 6.26x.

Pretty sure it is profit by half of max profit and not payout though the example implies so. (At least that is what I thought)

Edit: Yeah, it can't be 18%. Around 15% at current half of max profit of 5.665BTC,

Oh yes, you are correct dooglus. I messed up the calculations, my bad. I've updated the OP.

All was Finished, Nice ;)