Bitcoin Forum

The master can play big volumn and win bonus.

Wrong section of the forum, needs moving to here - https://bitcointalk.org/index.php?board=56.0

First of all, it's Bustabit and not Bustsabit. It is said in their own website that the key to beat their house is to take advantage of their winning bonus. There are people betting at 1.00x (the lowest multiplier possible) so if it instabusts at 1.00x or any low multiplier, they will get a bigger amount of bonus. Of course the higher the bet amount, the higher the bonus amount you'll receive.

The only downside to this is that it's quite hard to recover if it instabusts at 0.00x and there are times when it happens twice with just a couple of rounds of difference. I don't recommend this method but Bustabit says that is the only way to beat them so it is your choice. After all, it would still depend on your luck if you're going to have a 0.00x bust.

Yes because it is a gambling site.  It would never be safe and never ever would be fair.  It is a game of luck.  Many of my friends play the bustabit game and they have strategies.  There are times that they really good with it and earned a good amount of bitcoin.  And there were a time that they regret the fact that they became greedy and should stop the game when they feel that they have to stop it.  Any ways, it still gambling so better to allot bitcoin that you are willing to loose.

Any proof to say bustabit isn't really fair and cheats their players? Maybe you just got very unlucky on your play and there's no master controlling the multiplier.

Obviously, casino games are rarely "fair" in the sense of not disadvantaging players. Their purpose is to generate a profit after all!

However, in this context, a casino game being "fair" means that it follows its published game rules and actually offers the odds that it advertises. bustabit has a solid provably fair scheme (https://bitcointalk.org/index.php?topic=922898.0), so it is reasonable to call it "fair".

Try reading the thread before responding, and actually read the accusation. It isn't even a long post, so I don't see why you would completely ignore the post.

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While RHavar playing for his own bonuses is definitely a possibility, it's highly unlikely that he is as he is quite trusted and would ruin the reputation of his site. Furthermore, if he wanted to get more BTC, why bother adding late cashout bonuses in the first place? He could do what csgocrash did and remove late cashout bonuses, and keep instabusts.

The accusation is that RHavar plays his own games to win late cashout bonuses, not that the game isn't fair.

There is no strategy in gambling. If it were some kind of strategy that would worked on chance games like the dice being discussed here a lot of people would be rich by now. This is just myth and it does not exist in reality. When you play in a casino if you want to have fun, before starting to play consider the money that you will play there already lost. If you by chance succeed and make some money be happy about it, if you lose than you had already prepared yourself for such scenario.

Playing the devil's advocate: Removing bonuses while leaving the instant busts unchanged, thereby more than quadrupling the effective house edge, would likely not be received well by bustabit's player base. The site operator knows the game results in advance and also every player's wager size. He could use this information advantage to skim off the top of the bonus pool, which would largely go unnoticed by players.

However, I fully agree with you. Ryan has operated bustabit without any incidents since he purchased it two years ago and has never given any cause for distrust.

While this is largely correct–at least as far as profitable strategies go–it does not hold true for bustabit. In bustabit, players also compete against each other through the bonus system in addition to betting against the house. Skillful players can use this to their advantage to overcome the house edge and make wagers with a positive expected value.

Note that from the perspective of the house, the bonus system is neutral in terms of expected value. In other words, skillful players are not beating the house, they are simply beating other players more than the house is beating them.

If you are just experience of loses in bustabit and never experience to make a good profit i think you are just revenge just like you posted here. .
The only thing that i can tell you gambling is not source of earnings its just a game for fun..

Arbitrage in sportsbetting is a legitimate strategy. Coding a bot that plays +EV on bustabit is a strategy. While people won't get rich from +EV playing, some people are rich from arbitrage betting.

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Fair point. He could just lower the bonuses though, and still keep the house edge moderately low. Skimming the bonus pool would be very risky for him - he can't use his own account so he will have to make new accounts, and people might get very suspicious if those new accounts kept cashing out almost right before it busts, and people would eventually download the game history and analyze it if people get too suspicious.

It's so easy for the master to have lots of robots to skim off the bonus.

People will not analyze the history .its time costing . Even u found it you can not make people believe u.most people just care about win or lose.

The house edge of bustabit is 2%. So if u are clever enough please keep away from bustabit

No it is provably fair. All gambling site is provably fair. But you need to know how to win in the game in which the house will not get it back the profit you take from them in previous bet. So definitely you need to know how to play safe. How to stop to bet when you are winning. And play again tomorrow.

Yes I like the way you play. It is game changer of the game in which the house will not probably predict it that you are not addicted in his game site. Control your temptation makes your winning chance higher than being addicted to gambling in which your mindset is easy money that leads to losing your capital funds.

Did either of you actually read the thread? I suppose this is what is meant when people complain about signature campaigns encouraging low-quality posts.

The simple possibility of something does not prove that it actually exists or occurs. Without any evidence you are merely making baseless accusations.

Even if the site operator were able to consistently skim the entire bonus every single game, the effective house rate would be less than 1.3 %, not 2 %.

Show us some more detailed things , or you are just saying like " I think....."

Even if this is true the house edge is something that the site must have ,or how they make money from it ?

Its not charity its business.

uhmmm..... that's it .

so the prosperous of this forum is bubble(right？)

This may be true because I played in bustsabit I always lose? if this bustabit / other sites ?. because I was at the site every gain profit bustabit want to keep playing until forget to control the appetite and eventually lost :(

What? All gambling sites? So you'll say if such scam sites like 999dice, or other sh*t scam gambling sites have provably fair system in their sites?

No one asked about how to stop nor play safe in gambling here

You were unlucky. That's all.

999dice does in fact have a provably fair system that works, except its very flawed and basically needs you to tell the site that you will be verifying it for the game to be provably fair. The majority of gambling sites aren't provably fair, because of the number of casinos that run non provably fair probably rigged BetSoft games, or mostly non provably fair SoftSwiss games.