Bitcoin Forum

Pretty BIG winnings are taking place at https://www.Chain-Bet.com. Confirming the bet Tx and sending back the winning Tx took place within just 3 block time. Below are the bet details...

BTC 0.0998 to BTC 1.5968
Bet ID: 685
Choice: 2
Bet Amount: BTC 0.0998
Tx Hash: 7d7a65100e600d7b535687adaf0e26efa8dcf1a5291be3f5587ed54f438e8702 (https://blockchain.info/tx/7d7a65100e600d7b535687adaf0e26efa8dcf1a5291be3f5587ed54f438e8702)
Status: won
Confirmation Block Height: 437693 (https://blockchain.info/block-height/437693)
Confirmation Block Hash: 000000000000000000fafc2ec0ccf2df5ce6ba6aa7c68a1c1fe035ed778b3ee2 (https://blockchain.info/block/000000000000000000fafc2ec0ccf2df5ce6ba6aa7c68a1c1fe035ed778b3ee2)
Return Amount: BTC 1.5968
Return Address: 1CoinBcK1kA9uK8vpkUncEwLHjEm5Wbkph (https://blockchain.info/address/1CoinBcK1kA9uK8vpkUncEwLHjEm5Wbkph)
Return Tx: 80023ca0cf1a34d865389118c4bb1247dd8cbe9a3719a5741e9deb82ec8db58e (https://blockchain.info/tx/80023ca0cf1a34d865389118c4bb1247dd8cbe9a3719a5741e9deb82ec8db58e)

BTC 0.1 to BTC 1.5
Bet ID: 3293
Choice: 7
Bet Amount: BTC 0.1
Tx Hash: 713d0a12e3daa3e51b32e5e1ff06f77bad73237ea8d07f8cb57e6c7c50f5e952 (https://blockchain.info/tx/713d0a12e3daa3e51b32e5e1ff06f77bad73237ea8d07f8cb57e6c7c50f5e952)
Status: won
Confirmation Block Height: 486719 (https://blockchain.info/block-height/486719)
Confirmation Block Hash: 000000000000000000d93318cfed723662036c6c8c74ce58b57ec4a43e7582d7 (https://blockchain.info/block/000000000000000000d93318cfed723662036c6c8c74ce58b57ec4a43e7582d7)
Return Amount: BTC 1.5
Return Address: 1Kye8wZSz5TgnCWRqUWRuWFE7AojbhenhL (https://blockchain.info/address/1Kye8wZSz5TgnCWRqUWRuWFE7AojbhenhL)
Return Tx: 362c98b8ce19200332e720f12661136c83eaf8cc20d3cf33774b74e08c4a9699 (https://blockchain.info/tx/362c98b8ce19200332e720f12661136c83eaf8cc20d3cf33774b74e08c4a9699)

BTC 0.0698 to BTC 1.1168
Bet ID: 322
Choice: 4
Bet Amount: BTC 0.0698
Tx Hash: 5de218e4f956ece04b23cfaac9471365285415597c2ceaa10dbd283161048a1f (https://blockchain.info/tx/5de218e4f956ece04b23cfaac9471365285415597c2ceaa10dbd283161048a1f)
Status: won
Confirmation Block Height: 433692 (https://blockchain.info/block-height/433692)
Confirmation Block Hash: 0000000000000000037fe5a1b797b226ba24f3f882fd9cbc627f44a95d20acf4 (https://blockchain.info/block/0000000000000000037fe5a1b797b226ba24f3f882fd9cbc627f44a95d20acf4)
Return Amount: BTC 1.1168
Return Address: 1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj (https://blockchain.info/address/1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj)
Return Tx: de726e982b98993a1e97dd86b4ceb0211f03892047ed2a74443a9d8e2042c484 (https://blockchain.info/tx/de726e982b98993a1e97dd86b4ceb0211f03892047ed2a74443a9d8e2042c484)

BTC 0.05 to BTC 0.75
Bet ID: 3257
Choice: 7
Bet Amount: BTC 0.05
Tx Hash: ba0337cfb8913516bf92c1dc20ecfc6b10341970521439f94f3acc88351fb1fd (https://blockchain.info/tx/ba0337cfb8913516bf92c1dc20ecfc6b10341970521439f94f3acc88351fb1fd)
Status: won
Confirmation Block Height: 486394 (https://blockchain.info/block-height/486394)
Confirmation Block Hash: 000000000000000000de2e1a116fc361dca96f280e4de21587e5cdb5860f5417 (https://blockchain.info/block/000000000000000000de2e1a116fc361dca96f280e4de21587e5cdb5860f5417)
Return Amount: BTC 0.75
Return Address: 18cnJvGP8nbUNF1yDzjUViXY5sCKdzb1YF (https://blockchain.info/address/18cnJvGP8nbUNF1yDzjUViXY5sCKdzb1YF)
Return Tx: 0c4054a703f5f5845843803406b630cf9a86b51bf00f9273af0e01d7319e83cb (https://blockchain.info/tx/0c4054a703f5f5845843803406b630cf9a86b51bf00f9273af0e01d7319e83cb)

BTC 0.05 to BTC 0.75
Bet ID: 3220
Choice: 6
Bet Amount: BTC 0.05
Tx Hash: 32a199f074fd10509e33c4ceeac88b83336bb74e09cf527c8b4b9bc550a04724 (https://blockchain.info/tx/32a199f074fd10509e33c4ceeac88b83336bb74e09cf527c8b4b9bc550a04724)
Status: won
Confirmation Block Height: 486217 (https://blockchain.info/block-height/486217)
Confirmation Block Hash: 000000000000000000b3e476c055a20c2f3beb5f465782eb0e392dad787dee36 (https://blockchain.info/block/000000000000000000b3e476c055a20c2f3beb5f465782eb0e392dad787dee36)
Return Amount: BTC 0.75
Return Address: 1LPB8Mxo7iKyF5ugjVPBRQW1G2aEBxE7wo (https://blockchain.info/address/1LPB8Mxo7iKyF5ugjVPBRQW1G2aEBxE7wo)
Return Tx: a4efb78bb5318c3a4fab8f942b00d707bee50ece7a681e82bf87831cf27426de (https://blockchain.info/tx/a4efb78bb5318c3a4fab8f942b00d707bee50ece7a681e82bf87831cf27426de)

BTC 0.04 to BTC 0.6
Bet ID: 2609
Choice: 5
Bet Amount: BTC 0.04
Tx Hash: 336ad1f61e207d1973ab2aa7c78eb648405a26ce23f68fc4c2e0750e1e36885c (https://blockchain.info/tx/336ad1f61e207d1973ab2aa7c78eb648405a26ce23f68fc4c2e0750e1e36885c)
Status: won
Confirmation Block Height: 474006 (https://blockchain.info/block-height/474006)
Confirmation Block Hash: 000000000000000000c6e2a8fff0367f896ec9d43a03ce4bff9f11f454a9dd05 (https://blockchain.info/block/000000000000000000c6e2a8fff0367f896ec9d43a03ce4bff9f11f454a9dd05)
Return Amount: BTC 0.6
Return Address: 1DAHAivGUUEEq4A38nkuyFJtVJQtuRTRq9 (https://blockchain.info/address/1DAHAivGUUEEq4A38nkuyFJtVJQtuRTRq9)
Return Tx: d4084618e8d34b6d858b29db5b11bd0b755c986e96ecd2789d2976dae8c3672b (https://blockchain.info/tx/d4084618e8d34b6d858b29db5b11bd0b755c986e96ecd2789d2976dae8c3672b)

BTC 0.04 to BTC 0.6
Bet ID: 2605
Choice: 4
Bet Amount: BTC 0.04
Tx Hash: 980e9164f3397b4ba8f0e8c03ae5297187ca87219de386ac51d90e6c41564fec (https://blockchain.info/tx/980e9164f3397b4ba8f0e8c03ae5297187ca87219de386ac51d90e6c41564fec)
Status: won
Confirmation Block Height: 473943 (https://blockchain.info/block-height/473943)
Confirmation Block Hash: 000000000000000000fe6a01d93666652ad20b6b17c30892b84f78ac93699224 (https://blockchain.info/block/000000000000000000fe6a01d93666652ad20b6b17c30892b84f78ac93699224)
Return Amount: BTC 0.6
Return Address: 1HD6Ha6FUBWBBG1LCxizKsVzmZ8CQqPB2S (https://blockchain.info/address/1HD6Ha6FUBWBBG1LCxizKsVzmZ8CQqPB2S)
Return Tx: 054aa66e3cd1a5abaf9b977beb69562501af1a85d439031b41e0008bf2f2703b (https://blockchain.info/tx/054aa66e3cd1a5abaf9b977beb69562501af1a85d439031b41e0008bf2f2703b)

BTC 0.04 to BTC 0.6
Bet ID: 2592
Choice: 6
Bet Amount: BTC 0.04
Tx Hash: d76352cece8b29d6aa71c8c1c743ceda75eee7a096744bcce0d66dc97217c2ca (https://blockchain.info/tx/d76352cece8b29d6aa71c8c1c743ceda75eee7a096744bcce0d66dc97217c2ca)
Status: won
Confirmation Block Height: 473915 (https://blockchain.info/block-height/473915)
Confirmation Block Hash: 0000000000000000003899866b5155880e79ef470b84387acc6057a55f8eabf6 (https://blockchain.info/block/0000000000000000003899866b5155880e79ef470b84387acc6057a55f8eabf6)
Return Amount: BTC 0.6
Return Address: 128FNYbNgTpSCx3tjr96xn98p8DbUsuhnw (https://blockchain.info/address/128FNYbNgTpSCx3tjr96xn98p8DbUsuhnw)
Return Tx: 8dc42db03c3548c6035332e964844afee240bf333200d4aa8a952f911ee13fa3 (https://blockchain.info/tx/8dc42db03c3548c6035332e964844afee240bf333200d4aa8a952f911ee13fa3)

BTC 0.0198 to BTC 0.3168
Bet ID: 1772
Choice: 3
Bet Amount: BTC 0.0198
Tx Hash: 3ea39dd5cc79c85b278882ae411143ed6448dcd83b7bab95b3ea0edcce5c64da (https://blockchain.info/tx/3ea39dd5cc79c85b278882ae411143ed6448dcd83b7bab95b3ea0edcce5c64da)
Status: won
Confirmation Block Height: 459387 (https://blockchain.info/block-height/459387)
Confirmation Block Hash: 00000000000000000101a9fb427e633052fd6fb38fbb1b19de8ebbae48c85c73 (https://blockchain.info/block/00000000000000000101a9fb427e633052fd6fb38fbb1b19de8ebbae48c85c73)
Return Amount: BTC 0.3168
Return Address: 1Ed98QfFV2JeZ9X25aP3Mz9CBgY6BuSVXZ (https://blockchain.info/address/1Ed98QfFV2JeZ9X25aP3Mz9CBgY6BuSVXZ)
Return Tx: 056d0d0e6ce06ca7c35ab78c24f09473d67076535dea119b785525bd80b5d0bc (https://blockchain.info/tx/056d0d0e6ce06ca7c35ab78c24f09473d67076535dea119b785525bd80b5d0bc)

BTC 0.0198 to BTC 0.3168
Bet ID: 598
Choice: 3
Bet Amount: BTC 0.0198
Tx Hash: 90f498a2a0f06839eb62eaff89fc1072aec7a322a3f288957a911804f3ffc0c0 (https://blockchain.info/tx/90f498a2a0f06839eb62eaff89fc1072aec7a322a3f288957a911804f3ffc0c0)
Status: won
Confirmation Block Height: 435283 (https://blockchain.info/block-height/435283)
Confirmation Block Hash: 0000000000000000001fdfa9afc5c98cdbc7e2cf81dabc038b4f062ded1d2e73 (https://blockchain.info/block/0000000000000000001fdfa9afc5c98cdbc7e2cf81dabc038b4f062ded1d2e73)
Return Amount: BTC 0.3168
Return Address: 17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ (https://blockchain.info/address/17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ)
Return Tx: 60017b53b1153714d1138c16b82a13238e98287d68fea3b1f0261a362e3a61e1 (https://blockchain.info/tx/60017b53b1153714d1138c16b82a13238e98287d68fea3b1f0261a362e3a61e1)

BTC 0.01065 to BTC 0.1704
Bet ID: 253
Choice: 4
Bet Amount: BTC 0.01065
Tx Hash: 4c525b1eed39a0a174fcf84f827e06a15e63eb2c08ac0dcab7fd3fed2c8eca8d (https://blockchain.info/tx/4c525b1eed39a0a174fcf84f827e06a15e63eb2c08ac0dcab7fd3fed2c8eca8d)
Status: won
Confirmation Block Height: 432839 (https://blockchain.info/block-height/432839)
Confirmation Block Hash: 000000000000000003175c2b1ed904d19664640c87c850228e6187a880a0d2a4 (https://blockchain.info/block/000000000000000003175c2b1ed904d19664640c87c850228e6187a880a0d2a4)
Return Amount: BTC 0.1704
Return Address: 15KAjydnfMAhrgQePavBLJxjtoGfk7qv5h (https://blockchain.info/address/15KAjydnfMAhrgQePavBLJxjtoGfk7qv5h)
Return Tx: 802947b764453dd39fd66d1855f78767303c69f86ec207fb328f2698ff52283d (https://blockchain.info/tx/802947b764453dd39fd66d1855f78767303c69f86ec207fb328f2698ff52283d)

Have any of you tried to grab such BIG winning opportunity purely based on bitcoin blockchain's randomness?

Wrong section, should be in gambling section, very nice winnings, lucky guy.

I'm not that guy. I have lost on their game. I'm asking whether there are other gambling sites offering 0% house edge where I wont have to fight with the site owner to get my winnings out?

After Bet ID: 253, there seems to be a long losing streak...

Wow I like the concept, and 16x is great  :)

Of course that no one will mention that he first needed to lose $1000 just to win $100. Posting about with big win streaks are good for building hype.

---

Op, you are asking bout another site with 0% House Edge. Why exactly you need another site? You have BitcoinBetting.website and apparently you can win big there...

As I said, I have lost on their game. Hence, I'm looking for alternatives. Does not mean I have given up on them. Everyday I try a little on www.bitcoinbetting.website.

What do you mean with "fighting site owner to get winnings out?" I am little confused how can 0% house edge help you with that. House edge has nothing to do with withdrawals. And to your first post, someone won 0.17, but are you sure that guy didn't lose before or after he won this?

never thought to do that, thanks to information

I can see this is just pure bullshit, look at the other bets, he lost more than he had win. Don't give wrong informatioon to people, someone will lose their money.

Never check on their site but let us assume that id bet is for real so this id bet winning is just one time winning . So you cant compare it with overall profit that he earned there because it has nothing to do with it. This is just some big win AFAIK and it will attract more people to play on their site

Lately, many gambling sites, where deposit to site wallet is required, are denying BIG wins. www.bitcoinbetting.website is pretty safe from this issue as players do not require to keep anything deposited to the site wallet. We can play and forget. Either we lose or win back directly to an address that we control. I prefer this kinda games...

LoLz... that's so true in the gambling world. Greed Rulez... 8)

I also think it's nothing more than just an advertising trick because OP shared only his winning transaction, in gambling everything form is risky even 0% house edge gambling form too, we can see this how risky that is too like someone place money on block 433141 and lost there.

Yes i agree that it is just some advertising but i dont understand why someone would posts their lose? Doesnt make sense to me, all we need is just big win to make sure that their site doesnt cheat like some other site. And this is gambling without high risk you wont get a good payout, in gambling you risk everything to get more so i think it still worth it

WTF! I clearly stated in the OP that those are not my winning...


And more people are winning on www.BitcoinBetting.website against 0% house edge, as clearly evident from their dashboard.

Can you please elaborate on how it is 0% house edge? How does it work and why do you have a 0% house edge?

Don't be baited by the fact that this site is not using standard House Edge. Your chances of winning are still extremely slim.

You might read and direct your question here: https://bitcointalk.org/index.php?topic=1492457.0 (https://bitcointalk.org/index.php?topic=1492457.0) - It is an official thread of bitcoinbetting.website.

Tried this once with 100k sato bet and resulted in a loss. Honestly, there is a low probability to win on this game, a very low one.
This is not recommended for those people who have less bankroll.

And to you really think that huge bankroll will help you win more? The only way I can think of which will help you win more is if can cover more bet options.
But I don't think that huge bankroll is necessarily needed for that.

I agree with you, winning chance on this  kind  of  game is  very low  which you would really need  a  huge bankroll to be profitable with it  but its  not a  guarantee hence the  winning percentage to lose is too far away. I just bet once and  failed  and i wont   bet ever again this  kind  of game.

Higher bankroll is not necessary to win, wait.. what?
No, I don't agree with that. Higher bankroll will all be applicable to any gambling game.
Most people can't win on the first try, they need alot of tries to have it. So, how can they beat the house if on their first bet, they are already shrunk?

Take bitcoinbetting.website as an example. Actually, this is one of the gambling site with the lowest rate to win. You have to win once before reaching your 16th bet to win some bits.

What you are telling is like on every 16th bet it is surely winning then anyone can deposit high and bet low bitcoins till 15th bet and on 16th bet bet full bankroll and win it, like this you can make a big bankroll,

dont try to fool the users with this unlogic strategy. What if the user loses on 16th bet also, this is possible if not every one will win high and no one will be in loss in this site except the Site owner who is going to lose all.

www.bitcoinbetting.website allows u to place bet on as many options as u want in each block. If u place bet on only one option, then your odds are high. But, if u place bets on 8 options in a block, then your chance of win is pretty high.

The dashboard merely shows each bet in a row and hence it appears that the rate of loss is high. U never know whether the same person is betting on multiple options in a single block and winning one.

At the end of the day, it is all about strategy to take advantage of the 0% house edge.

You should re-read my statement . I didn't said anything about "sure winning".

Yes you're right, there is a chance too that it will be all 16x reds.

Yes, that's what I'm saying :). Good bankroll == you can bet as many as you want to lower the odds and increase the winning chances.

Although you place more options, does it allow you to win? 0% house edge for this method will let you a sure win thing. And how much is the payout for the multiple options? This is more likely dice games or may be better than dice games if there is no house edge

Just noticed another BIG win on www.BitcoinBetting.website. Someone just converted BTC 0.0198 to BTC 0.3168. OP updated with the bet details...

BTC 0.0198 to BTC 0.3168
Bet ID: 598
Choice: 3
Bet Amount: BTC 0.0198
Tx Hash: 90f498a2a0f06839eb62eaff89fc1072aec7a322a3f288957a911804f3ffc0c0 (https://blockchain.info/tx/90f498a2a0f06839eb62eaff89fc1072aec7a322a3f288957a911804f3ffc0c0)
Status: won
Confirmation Block Height: 435283 (https://blockchain.info/block-height/435283)
Confirmation Block Hash: 0000000000000000001fdfa9afc5c98cdbc7e2cf81dabc038b4f062ded1d2e73 (https://blockchain.info/block/0000000000000000001fdfa9afc5c98cdbc7e2cf81dabc038b4f062ded1d2e73)
Return Amount: BTC 0.3168
Return Address: 17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ (https://blockchain.info/address/17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ)
Return Tx: 60017b53b1153714d1138c16b82a13238e98287d68fea3b1f0261a362e3a61e1 (https://blockchain.info/tx/60017b53b1153714d1138c16b82a13238e98287d68fea3b1f0261a362e3a61e1)

Are you really saying you're not just advertising the site? lol. Sure looks like it to me. Seem pretty active in showing
the winning rolls.
Besides, that win doesn't really say much. The 'guy' could have a lost $100's if not $1000's before that 'winning' bet.
Same as after.

And yep, would probably need a sizable bankroll to increase win chance. 

First thing is that this is posted in gambling section nothing wrong :'\
Secondly congratulation to the OP for such nice wins with 0% house edge
Good luck for future

I'm kinda excited about this 0% house edge thing and closely tracking progress of the site. So, if there is a BIG winning there, I let the community know.

The beauty of an on chain betting game is that, u never know who is the owner of which bet. Everything is anonymous and I like this anonymity.

For a sizable win, that's true for any betting site in general.

x16 is cool!
what chance to win?
i think is hard to win..

Why wont you  try it  for yourself? Expect  the winning  rate would be  small  though  because  you are choosing  16 selection which means  you have  only 6.25% chance to win  in every roll. Members  do  always mentioned  here  that  you would  really need  a  big  bankroll  in able to sustain these kind  of game  which  odds  are  really small  and the  chances of winning but  its still rewarding  when you  hit  it.   I could really say that  those  person  who able to make 0.3+ btc  on  their bets are   just  lucky though  and  its  part  of gambling,  nothing to  be  surprised  about it.

Yep i too agree someone needs pure luck to win without heavy bankroll, if they fail continuously for 15 times in a row with single bet each time you lost your bankroll, which is more possible with 6.25% chance. we have seen more loose streaks even with 49% chance of winning.

But it will be surprise if someone wins that bet with 6.25% chances, but nearly hard chance to win. you guys just think of 6.25% to win but you have 93.75% chance to loose your bet.

Yeah that's a really nice win from such a small initial outlay. Hmmmm maybe I need to check this site out, never used it before.

Only if u r greedy enough to place just one bet in one block and expect 16x return. It is not a rocket science to place multiple bets in a single block to increase your chance of winning. If u place 15 bets on 15 different options and all those bets get confirmed in the same block, then you have 93.75% chance to win your bet.

good, i will try soon. i want win if my lucky will be with me.

this is really big win and have proof.
good luck admin!

LOL....Some of the math skills of the members we find in these threads are impeccable.  The critical thinking skills are even more overwhelming....I don't know here though....can somebody break down the math for me?  How does the house make money on this project?

U seem to be an example of an ultimate hypocrite. First u were complaining in the announcement thread about high house edge and now u r complaining about low house edge! Though I guessed your hypocrisy on July 20, 2016...

It is now pretty clear that u r from some other project and desperate to show this one under bad light in whatever way possible.

So far, I am not aware of any other than this one. But, another BIG win took place on this site where someone converted 0.0698 BTC to 1.1168 BTC. I think, that bet details should be included in OP. Related thread - https://bitcointalk.org/index.php?topic=1643063.0

There is no need for math, the subject has 0% house edge on it.



I wonder the same. May be they are going to take all the house edge in one go right before they close. ;D


Edit.
Ah sorry, I think they run on donations. ;D

U guys are discussing something that has been discussed many times before on this forum. Here are a few instances...

I don't think if I bet 1 btc and win ,he will pay me 16btc.

But if I bet 1 btc and lose , he will take away my 1 btc , for sure.

LOL

edit:so I think personally , there will be no one playing.

I dont think u have 1 BTC.

lollolloll :D

So, I think personally, u r posting garbage just to raise your activity count to sell this account later. Hence, u should be banned from further spamming.

I just wondering too how much their max payout? Because if they did not set max payout, and when big whale lucky enough I dont think they can pay them for sure.

For OP, I just want to make make this things clear so can you really tell me this? Although it is 0% house edge you should have this bankroll to pay people

It is clear as stated on their FAQ, the maximum bet allowed is 1btc so they should have at least 16btc to cover 1btc bet winning. Indeed, we dont know how many btc on their wallet. Foe sure, they should prove that they can pay such amount. Otherwise, whales will never come to this site.

Yeah that is true, but until now they dont even have said anything about their bankroll on how much they can pay. But not all site willing to prove this that they have big amount or low amount because it is too risky. But this is needed to make sure that site wont scam us or running away with our profit

Thanks. OP updated with following bet info and bets have been organized in decreasing order from top to bottom.

BTC 0.0698 to BTC 1.1168
Bet ID: 322
Choice: 4
Bet Amount: BTC 0.0698
Tx Hash: 5de218e4f956ece04b23cfaac9471365285415597c2ceaa10dbd283161048a1f (https://blockchain.info/tx/5de218e4f956ece04b23cfaac9471365285415597c2ceaa10dbd283161048a1f)
Status: won
Confirmation Block Height: 433692 (https://blockchain.info/block-height/433692)
Confirmation Block Hash: 0000000000000000037fe5a1b797b226ba24f3f882fd9cbc627f44a95d20acf4 (https://blockchain.info/block/0000000000000000037fe5a1b797b226ba24f3f882fd9cbc627f44a95d20acf4)
Return Amount: BTC 1.1168
Return Address: 1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj (https://blockchain.info/address/1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj)
Return Tx: de726e982b98993a1e97dd86b4ceb0211f03892047ed2a74443a9d8e2042c484 (https://blockchain.info/tx/de726e982b98993a1e97dd86b4ceb0211f03892047ed2a74443a9d8e2042c484)

Does other sites that does not take investment in bankroll show their cold storage?

+1

Please add this one too - https://bitcointalk.org/index.php?topic=1673328.0. This is the biggest one so far...

OP updated with the following bet info...


BTC 0.0998 to BTC 1.5968
Bet ID: 685
Choice: 2
Bet Amount: BTC 0.0998
Tx Hash: 7d7a65100e600d7b535687adaf0e26efa8dcf1a5291be3f5587ed54f438e8702 (https://blockchain.info/tx/7d7a65100e600d7b535687adaf0e26efa8dcf1a5291be3f5587ed54f438e8702)
Status: won
Confirmation Block Height: 437693 (https://blockchain.info/block-height/437693)
Confirmation Block Hash: 000000000000000000fafc2ec0ccf2df5ce6ba6aa7c68a1c1fe035ed778b3ee2 (https://blockchain.info/block/000000000000000000fafc2ec0ccf2df5ce6ba6aa7c68a1c1fe035ed778b3ee2)
Return Amount: BTC 1.5968
Return Address: 1CoinBcK1kA9uK8vpkUncEwLHjEm5Wbkph (https://blockchain.info/address/1CoinBcK1kA9uK8vpkUncEwLHjEm5Wbkph)
Return Tx: 80023ca0cf1a34d865389118c4bb1247dd8cbe9a3719a5741e9deb82ec8db58e (https://blockchain.info/tx/80023ca0cf1a34d865389118c4bb1247dd8cbe9a3719a5741e9deb82ec8db58e)

I see transaction and amount..
But who is winner?
Winner where are you?
Please post here..
We wait.

You can't be sure if the winner will come on here (he might be never known about this forum). Maybe the winner just anonymous person who know about bitcoinbetting from his friend, googling, or other else source.

That's all required to verify a bet on a blockchain based gambling game.

One who received the winning Tx.

How on earth the winner will know that u r waiting for him?

Nice winning but how can it be 0 house edge ? They might go broke. Or are you just trying to advertise for them showing us the wins and the ease to play ? Seems a way to advertise to me. Wonder what the rest of the members on this thread think.

Because i think winners from bitcointalk.

they are stuck on only the 720th bet?  is this some sort of SCAM?
720

Bet ID   Choice   Bet Amount   Bet Details   Block (Last Digit)   Status
720   f    0.00035   Click Here   439072 (f)   won ( 0.0056)

Are you serious? What is the co-relation between being stuck at 720^th bet and being a scam? ::)

Who really received winnings here?

From the information provided in OP, all we can say is owner of the following addresses are the 4 biggest winner so far...

i. 1CoinBcK1kA9uK8vpkUncEwLHjEm5Wbkph - 1.5968 BTC

ii. 1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj - 1.1168 BTC

iii. 17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ - 0.3168 BTC

iv. 15KAjydnfMAhrgQePavBLJxjtoGfk7qv5h - 0.1704 BTC

To know more, u need to follow the trail left by these addresses and out the winners to ask them...

yeah just say how they earn money so easily :) This may seem silly but using tx blockchain transaction id you at least I see the right thing, if from my eyesight is quite unique game need to look into

This is a very cool kind of game. I'll give it a try. I like the 16X winning possibilty but what if a whale comes to bet hard and destroys the payroll?
Is this site able to pay 16 btc for a winner (or even more)?
I doubt that

There will be a limit to what any betting site can accept as a stake but I wouldn't expect a win of 16 bitcoin to be a problem here. Most reputable bitcoin gambling sites have investors with much more than that (combined) in their cold wallets.

there are already tried the site, how do other people on this thread, what the site looks safe for a beginner like me, I hope anyone give a little review site

Yeah that is true but at least he needs to prove that he got much money there so people will believe that he wont run away with the money. And for the investment, I dont think that people really attract to put some investment there because of the deaign and the UI which is cant attract more people to play it. Only some prople will tty this site not some solid member that can even stay

www.BitcoinBetting.website is operational since May 30, 2016 (ref: https://bitcointalk.org/index.php?topic=1492457.0) and so far there is no allegation of wrong-doing. Hence, I think, one may try this game without bothering much...

@OP BitcoinBetting.website seems to have moved to Chain-Bet.com...


Please update the thread title accordingly...

Thanks for the heads up. OP updated.

Still you need to update the title of this thread - it is still showing: 16x win on BitcoinBetting.website with 0% House Edge!

OP title was updated, but last post title was not. Now, I have updated that as well...

True. Chain-Bet.com is a pretty unique game and probably the only one having 0% house edge.

Just noticed Bet ID #843. Someone recently converted BTC 0.0008 to BTC 0.0128 on Chain-Bet.com.

That is below the average bet size of Chain-Bet.com.

I just check the board of https://www.chain-bet.com.

So, a 0% house edge game has only 2 wins out of 20, i.e 10%! :o

HoW?

What does it matter how much they lost before winning? OP isn't saying that player as a postive bankroll, they are just saying that they won big there. What is the problem with that?

Are the odds just so bad that the house doesnt need an edge? What is the sites total bankroll, and at what amount if a withdrawal manual?

How can you play on a casino if they don't have access to the money you are depositing? an address that you control as to having the private key?
Show me a casino where I can play with my own address :D it's not site's wallet but a new wallet for each deposit.
If house edge is 0% then how exactly the house can sustain and not going bankrupt?
Winning big then try to withdraw small amounts and do a few withdraws, of course any casino doesn't like to let people take out their big wins as soon as they win :D.

Lol,

Random?
0% HE means they don't earn on it.
Doesn't mean you won't lose...

Fun Fact: Not every game has the same multiplier/a fixed multiplier. chain-bet bets are playing with a 1/16 chance to win. 2/20 is pretty good for a 1/16 chance to win, but it's a very very low sample size and cannot accurately reflect the house edge/chance of winning.

Also, they do have an house edge, since they take BTC from your original bet. Send 0.01BTC? It's a 0.0098BTC bet to them, which adds up to a house edge. The house edge varies based on bet size, but there definitely is a house edge.

0% HE DOES NOT mean they don't earn on it. House Edge is NOT House Commission. Just like 1% HE sites do not earn exact 1% of the total wagered amount, 0% HE sites does not earn 0 either.

Right now, there are 4 wins out of 20, i.e. 20%.

The odds are high if u place a single bet. There are 16 options to bet on. If u place bet on multiple options in a single block, u'd eventually decrease your odds.

Generally, sites that do not take investment in bankroll, do not publish their bankroll either. But, as the highest bet amount it 1 BTC, highest withdrawal is 16 BTC. As per OP, the highest win so far is 1.5968 BTC, which was automatically withdrawn.

You are confusing House Edge with processing fee. As chain-bet.com is a blockchain based game, they deduct BTC 0.0002 to cover their mining fee. This deduction is clearly stated when u generate an address as well as it is mentioned in their FAQ. Especially, now, as the Tx fee pressure is rising, I wonder, how they still cover with such a low fee! On the other hand, House Edge is simply the probabilistic edge house enjoys over gamblers, which has no distant relation with processing fee whatsoever.

If you have 0% house edge, how can you profit? Theoretically, casinos earn money from house edge, so I can't find the source of your profit.

With substantial bankroll, a house can run comfortably and make decent profit with 0% house edge, if they dont allow automated betting by bots. If u exclude bets made by bots, u'll find 1% house edge games make much more profit than 1% of total wagered amount. Hence, though it is theoretically impossible to run a 0% house edge game, games like https://www.chain-bet.com still do exist in practical world.

Is it possible to check the stats of house winning/loss here? I am curious about their financial report. It is luck game, because 15/16 bets lost and 1/16 bets win, if players are luckier than the house, they will lose money.

I'm not aware of any such available stat. In general, gambling sites that do not take investment in bankroll, do not publish such financial reports either.

Every gambling site's house takes a little risk. For a 1% house edge site, if players is more than 1% luckier than the house, then house will lose as well.

Recently, someone seems to have converted BTC 0.005 to BTC 0.08 on www.chain-bet.com. Check Bet ID #1351.

well a lot of people make mistakes and most probably they will lose money in a longer time because of their greediness, all in all i really like this gambling website and I play here from time to time.

How much as a total % of the betting do you think a company with 1%house edge makes?

Why do automated bots effect profitability?

0% or 1% house edge casinos will still win in the end. Not because they have 1% house edge, but due to statistics. In the long run, the casino has more money than any gambler that would come to their doorstep. They will outlast a gambler in the money game, and they will win in the long run. Even if the gambler has a winning streak, it will not still be lesser than the losing streak he has plus all the other player's losing streak.

They do not have a 0% house edge. They take a "transaction fee" off of every bet before it's processed of 0.0002BTC, effectively adding a house edge, that is huge with small bets, and fairly small with larger bets.

Let's say I send a 0.001BTC bet. The site processes it as a bet of 0.0008BTC, which becomes 0.0128BTC if I win, with a 1/16 chance. I'm given essentially 80% of the money if it was processed as a 0.001BTC bet, making a house edge of 20% for 0.001BTC bets. It's gets even worse as you go down, with a 100% house edge for bets of 0.0002BTC or below.

This is wrong.


This is wrong too.

---

Having a game that is 0% house edge means that there is an equal likelihood (using basic 50/50 odds) for the house or for the player to win. Keeping this in mind and extrapolating, this means that for a given bankroll of the house, there is an equal likelihood over a long duration for the house to lose or win x amount.

For example, let's say that the bankroll is $10 and a number of players wager within a given time. You can consider this one player in total, and it won't change anything. Let's say that the total wagered amount is $10.

Whatever the chances, this is 0 ev. Meaning that the casino can expect to make an average profit of $0 from the wagers. It matters not how much their bankroll is: the profit is independent of that. Keep that in mind. For example, if we flip a coin for $5, does it matter whether I have $5 or $5000? No. My odds of winning and losing $5 are the same. Even if we continue for N times, my odds of winning and losing are still equal.

---

but at the end house always win no matter house edge, that s their bussiness, even if one or two player make profits, most of all will lost their coins

Right now, there are 0 wins out of 20, i.e. 0%. How do u justify this?

Right now, luck is favoring house. Does not mean, it always will. It is pure probability.

Right now, there are 5 wins out of 20, where all the winners have made 16x of their bet value. This game is pretty interesting ;)

Another BIG win on www.Chain-Bet.com . . .


BTC 0.0198 to BTC 0.3168
Bet ID: 1772
Choice: 3
Bet Amount: BTC 0.0198
Tx Hash: 3ea39dd5cc79c85b278882ae411143ed6448dcd83b7bab95b3ea0edcce5c64da (https://blockchain.info/tx/3ea39dd5cc79c85b278882ae411143ed6448dcd83b7bab95b3ea0edcce5c64da)
Status: won
Confirmation Block Height: 459387 (https://blockchain.info/block-height/459387)
Confirmation Block Hash: 00000000000000000101a9fb427e633052fd6fb38fbb1b19de8ebbae48c85c73 (https://blockchain.info/block/00000000000000000101a9fb427e633052fd6fb38fbb1b19de8ebbae48c85c73)
Return Amount: BTC 0.3168
Return Address: 1Ed98QfFV2JeZ9X25aP3Mz9CBgY6BuSVXZ (https://blockchain.info/address/1Ed98QfFV2JeZ9X25aP3Mz9CBgY6BuSVXZ)
Return Tx: 056d0d0e6ce06ca7c35ab78c24f09473d67076535dea119b785525bd80b5d0bc (https://blockchain.info/tx/056d0d0e6ce06ca7c35ab78c24f09473d67076535dea119b785525bd80b5d0bc)

Thanks... OP updated with the given info...

Someone just converted 0.014 btc to 0.224 btc

BTC 0.014 to BTC 0.224
Bet ID: 2324
Choice: 1
Bet Amount: BTC 0.014
Tx Hash: 0c8b253777e6c03ec8b046de6bd967e29489a17ca7745902e59112a577c45bd0 (https://blockchain.info/tx/0c8b253777e6c03ec8b046de6bd967e29489a17ca7745902e59112a577c45bd0)
Status: won
Confirmation Block Height: 470345 (https://blockchain.info/block-height/470345)
Confirmation Block Hash: 000000000000000000b2bb7085855ed85908359b791932adfba1475ab667a5a1 (https://blockchain.info/block/000000000000000000b2bb7085855ed85908359b791932adfba1475ab667a5a1)
Return Amount: BTC 0.224
Return Address: 1GFy8AnwpF7AP4fbGZfxnGjxPmDHPrkb2M (https://blockchain.info/address/1GFy8AnwpF7AP4fbGZfxnGjxPmDHPrkb2M)
Return Tx: c671652dcd06ced9a1eec96fee8013579a3902c501a8491aebb46852fa49dad8 (https://blockchain.info/tx/c671652dcd06ced9a1eec96fee8013579a3902c501a8491aebb46852fa49dad8)

There are several more big wins.. People are taking the house right now  :D

Looking at the board, that's what it seems like...

Multiple BIG wins are now visible on the board...

BTC 0.04 to BTC 0.6
Bet ID: 2609
Choice: 5
Bet Amount: BTC 0.04
Tx Hash: 336ad1f61e207d1973ab2aa7c78eb648405a26ce23f68fc4c2e0750e1e36885c (https://blockchain.info/tx/336ad1f61e207d1973ab2aa7c78eb648405a26ce23f68fc4c2e0750e1e36885c)
Status: won
Confirmation Block Height: 474006 (https://blockchain.info/block-height/474006)
Confirmation Block Hash: 000000000000000000c6e2a8fff0367f896ec9d43a03ce4bff9f11f454a9dd05 (https://blockchain.info/block/000000000000000000c6e2a8fff0367f896ec9d43a03ce4bff9f11f454a9dd05)
Return Amount: BTC 0.6
Return Address: 1DAHAivGUUEEq4A38nkuyFJtVJQtuRTRq9 (https://blockchain.info/address/1DAHAivGUUEEq4A38nkuyFJtVJQtuRTRq9)
Return Tx: d4084618e8d34b6d858b29db5b11bd0b755c986e96ecd2789d2976dae8c3672b (https://blockchain.info/tx/d4084618e8d34b6d858b29db5b11bd0b755c986e96ecd2789d2976dae8c3672b)

BTC 0.04 to BTC 0.6
Bet ID: 2605
Choice: 4
Bet Amount: BTC 0.04
Tx Hash: 980e9164f3397b4ba8f0e8c03ae5297187ca87219de386ac51d90e6c41564fec (https://blockchain.info/tx/980e9164f3397b4ba8f0e8c03ae5297187ca87219de386ac51d90e6c41564fec)
Status: won
Confirmation Block Height: 473943 (https://blockchain.info/block-height/473943)
Confirmation Block Hash: 000000000000000000fe6a01d93666652ad20b6b17c30892b84f78ac93699224 (https://blockchain.info/block/000000000000000000fe6a01d93666652ad20b6b17c30892b84f78ac93699224)
Return Amount: BTC 0.6
Return Address: 1HD6Ha6FUBWBBG1LCxizKsVzmZ8CQqPB2S (https://blockchain.info/address/1HD6Ha6FUBWBBG1LCxizKsVzmZ8CQqPB2S)
Return Tx: 054aa66e3cd1a5abaf9b977beb69562501af1a85d439031b41e0008bf2f2703b (https://blockchain.info/tx/054aa66e3cd1a5abaf9b977beb69562501af1a85d439031b41e0008bf2f2703b)

BTC 0.04 to BTC 0.6
Bet ID: 2592
Choice: 6
Bet Amount: BTC 0.04
Tx Hash: d76352cece8b29d6aa71c8c1c743ceda75eee7a096744bcce0d66dc97217c2ca (https://blockchain.info/tx/d76352cece8b29d6aa71c8c1c743ceda75eee7a096744bcce0d66dc97217c2ca)
Status: won
Confirmation Block Height: 473915 (https://blockchain.info/block-height/473915)
Confirmation Block Hash: 0000000000000000003899866b5155880e79ef470b84387acc6057a55f8eabf6 (https://blockchain.info/block/0000000000000000003899866b5155880e79ef470b84387acc6057a55f8eabf6)
Return Amount: BTC 0.6
Return Address: 128FNYbNgTpSCx3tjr96xn98p8DbUsuhnw (https://blockchain.info/address/128FNYbNgTpSCx3tjr96xn98p8DbUsuhnw)
Return Tx: 8dc42db03c3548c6035332e964844afee240bf333200d4aa8a952f911ee13fa3 (https://blockchain.info/tx/8dc42db03c3548c6035332e964844afee240bf333200d4aa8a952f911ee13fa3)

All the above have been updated in OP...

Right now, players seem to be stripping the house :D

Now, there are 5 wins among last 40 bets, i.e. number of bet wise winning is 12.5%.

But, total amount wagered in last 40 bets is 1.31604279 BTC, whereas total amount won in last 40 bets is 1.818 BTC. Therefore, amount of bet wise winning is ~140%.

It is a matter of probability to earn or to win in a gambling but in regard to its system it much more okay because the transaction is on the block chain for sure bets and winnings. And it is an advertising strategy but it is a factual information to know where their bets is going to go or have. It is better to try because as much you will try their is also possibility that you could win. Just make sure to also have limitation for you to have holdings at the same time.

More BIG wins are here...

BTC 0.1 to BTC 1.5
Bet ID: 3293
Choice: 7
Bet Amount: BTC 0.1
Tx Hash: 713d0a12e3daa3e51b32e5e1ff06f77bad73237ea8d07f8cb57e6c7c50f5e952 (https://blockchain.info/tx/713d0a12e3daa3e51b32e5e1ff06f77bad73237ea8d07f8cb57e6c7c50f5e952)
Status: won
Confirmation Block Height: 486719 (https://blockchain.info/block-height/486719)
Confirmation Block Hash: 000000000000000000d93318cfed723662036c6c8c74ce58b57ec4a43e7582d7 (https://blockchain.info/block/000000000000000000d93318cfed723662036c6c8c74ce58b57ec4a43e7582d7)
Return Amount: BTC 1.5
Return Address: 1Kye8wZSz5TgnCWRqUWRuWFE7AojbhenhL (https://blockchain.info/address/1Kye8wZSz5TgnCWRqUWRuWFE7AojbhenhL)
Return Tx: 362c98b8ce19200332e720f12661136c83eaf8cc20d3cf33774b74e08c4a9699 (https://blockchain.info/tx/362c98b8ce19200332e720f12661136c83eaf8cc20d3cf33774b74e08c4a9699)

BTC 0.05 to BTC 0.75
Bet ID: 3257
Choice: 7
Bet Amount: BTC 0.05
Tx Hash: ba0337cfb8913516bf92c1dc20ecfc6b10341970521439f94f3acc88351fb1fd (https://blockchain.info/tx/ba0337cfb8913516bf92c1dc20ecfc6b10341970521439f94f3acc88351fb1fd)
Status: won
Confirmation Block Height: 486394 (https://blockchain.info/block-height/486394)
Confirmation Block Hash: 000000000000000000de2e1a116fc361dca96f280e4de21587e5cdb5860f5417 (https://blockchain.info/block/000000000000000000de2e1a116fc361dca96f280e4de21587e5cdb5860f5417)
Return Amount: BTC 0.75
Return Address: 18cnJvGP8nbUNF1yDzjUViXY5sCKdzb1YF (https://blockchain.info/address/18cnJvGP8nbUNF1yDzjUViXY5sCKdzb1YF)
Return Tx: 0c4054a703f5f5845843803406b630cf9a86b51bf00f9273af0e01d7319e83cb (https://blockchain.info/tx/0c4054a703f5f5845843803406b630cf9a86b51bf00f9273af0e01d7319e83cb)

BTC 0.05 to BTC 0.75
Bet ID: 3220
Choice: 6
Bet Amount: BTC 0.05
Tx Hash: 32a199f074fd10509e33c4ceeac88b83336bb74e09cf527c8b4b9bc550a04724 (https://blockchain.info/tx/32a199f074fd10509e33c4ceeac88b83336bb74e09cf527c8b4b9bc550a04724)
Status: won
Confirmation Block Height: 486217 (https://blockchain.info/block-height/486217)
Confirmation Block Hash: 000000000000000000b3e476c055a20c2f3beb5f465782eb0e392dad787dee36 (https://blockchain.info/block/000000000000000000b3e476c055a20c2f3beb5f465782eb0e392dad787dee36)
Return Amount: BTC 0.75
Return Address: 1LPB8Mxo7iKyF5ugjVPBRQW1G2aEBxE7wo (https://blockchain.info/address/1LPB8Mxo7iKyF5ugjVPBRQW1G2aEBxE7wo)
Return Tx: a4efb78bb5318c3a4fab8f942b00d707bee50ece7a681e82bf87831cf27426de (https://blockchain.info/tx/a4efb78bb5318c3a4fab8f942b00d707bee50ece7a681e82bf87831cf27426de)

All the above have been updated in OP...

The wins presented here are over whelming. These kinds of increases are presented possible by many people but not normally achievable. If you can make these theoretical numbers come true you can become a millionaire on no time.

If they payout ration is 15x the bet amount, all wins you can post here will be big. The problem is, that in order to get a win like that, one needs to lose a lot first, unless he gets extremely lucky. If you just post the winnings here you will create "false" or at least deceiving impressions about the game. You should also post the invested amount compared to winnings. That would give a better view of how that game works, and how profitable it can be.

has any technique for this chain bet
because it very difficult I think
because is random number

I started with 1 BTC. At the beginning I have lost more than I won.. But after some time when I got some feeling for this game I got some good winnings. Now I made the 1 BTC to 2.3 BTC.

But you are right, in gambling it is all about luck. But if you play a game with 50% chance of winning you are more likely to win small amounts but in the long run you loose a lot. With this game you get 15x of your bet so it is clear that its more difficult to win there.

Before chain-bet I played satoshi bones very often and lost lots of money that I was not able to win back. At chain-bet I lost like 0.8 BTC but was able to win 1.5 BTC. So my experience with this site says it is better than a 50/50 game.

I think I agree with you, and I normally prefer big payouts than small ones. Meaning that although it's still about luck in the end, and in the long run you will probably break even or lose some, I think you can take more advantage of your luck when you are trying big payouts. I mean it's like playing big jackpots, you will lose most of the time, but if you are lucky enough to get one shot at the big prize, you will be in profit for good.

No there is no any technique or strategy that will work for blockchain based games like this one, its pretty random.
But you can bet same amount on multiple choices to increase your chance of winning or lower your risk.

Statistically, luck relies on the house edge. But, sites generating random number on their own, may twist it in their favor depending on gambler's long time bet behaviour. That chance does not exist when random numbers are taken from blockchain.

As the winning is now 10x, I have updated OP with the same info...

Why lowering it to 10x payout? You can let people bet smaller right instead of lowering the max payout. Btw this thread is not that active anymore, I do not know about about the site either, why bothering with such an update? This is not a good update after been silence for a few months. I thought that you are going to have some important update or may be some events holding on

Oops. I did not lower anything. I'm merely an investor in Chain-Bet.com bankroll. They lowered it from 16x to 15x and then 10x. I hope it'll stay as is...