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Title: A Gambling Project Post by: 100bitcoin on February 08, 2014, 08:22:03 PM 100bit.co.in (http://www.100bit.co.in) This project failed. But not the dream. A new is shaping up here (https://bitcointalk.org/index.php?topic=526706.0). I am planning to build a gambling site with following features... 1. Everyone will join with a static amount of 0.01 BTC 2. Jackpot amount will rise till it reaches 1 BTC, i.e. 100 Tx. Game will be open for 1 month. If we dont get 100 Tx by then, it will close with existing Tx to chose the winner. 3. Each Tx index will be added to get a number and will be divided by the number of Tx. The remainder will identify the winning Tx. Can this idea take off ? Update 1: I have launched the basic website. Anyone can now start participating in the game. Please check it here => www.100bit.co.in Update 2: A suggestion was made by the community to put a time limit on the game (https://bitcointalk.org/index.php?topic=455724.40). I think it is valid and hence updated Point 2 & 3 accordingly. Update 3: I have posted the thread here is gambling section => https://bitcointalk.org/index.php?topic=471521.0 ...Once you send your amount to the given address, you may post your Tx details in this thread. Update 4: Good News friends. The game has began. We have got our first Tx. Please monitor: https://blockchain.info/address/1K3dhqF1hLsqThRw41KvMkFrogvgy5e6cp Update 5: This round is over. Details: https://bitcointalk.org/index.php?topic=471521.0 Title: Re: A Gambling Project Post by: roslinpl on February 08, 2014, 11:35:21 PM I am planning to build a gambling site with following features... 1. Everyone will join with a static amount of 0.01 BTC 2. Jackpot amount will rise till it reaches 1 BTC, i.e. 100 joinee 3. Each Tx index will be added to get a number and the 2 rightmost digit will be counted to identify the winning Tx Can this idea take off ? try to implement this into some visible thing and then we can tell you more about. I like 1 point. Rest seems maybe ok. Title: Re: A Gambling Project Post by: 100bitcoin on February 09, 2014, 06:47:54 AM I am planning to build a gambling site with following features... 1. Everyone will join with a static amount of 0.01 BTC 2. Jackpot amount will rise till it reaches 1 BTC, i.e. 100 joinee 3. Each Tx index will be added to get a number and the 2 rightmost digit will be counted to identify the winning Tx Can this idea take off ? try to implement this into some visible thing and then we can tell you more about. I like 1 point. Rest seems maybe ok. Thank u for your response. Actually I am new to this gambling business. I have no trust formed and it is expected that people will be skeptical about playing on a new site. So I am trying to understand if 0.01 BTC is OK for them to try out something new. At the same time, it is a jackpot game. So among 100 joinee, only one will win. I'm NOT sure how this fact is taken in the gambling world. Hence I am looking for community feedback before coding the site. Title: Re: A Gambling Project Post by: roslinpl on February 09, 2014, 11:07:34 AM I am planning to build a gambling site with following features... 1. Everyone will join with a static amount of 0.01 BTC 2. Jackpot amount will rise till it reaches 1 BTC, i.e. 100 joinee 3. Each Tx index will be added to get a number and the 2 rightmost digit will be counted to identify the winning Tx Can this idea take off ? try to implement this into some visible thing and then we can tell you more about. I like 1 point. Rest seems maybe ok. Thank u for your response. Actually I am new to this gambling business. I have no trust formed and it is expected that people will be skeptical about playing on a new site. So I am trying to understand if 0.01 BTC is OK for them to try out something new. At the same time, it is a jackpot game. So among 100 joinee, only one will win. I'm NOT sure how this fact is taken in the gambling world. Hence I am looking for community feedback before coding the site. It is for gambling world. Jackpot system like 1 of 100 will get price is very nice. Run it and I will give a try :) Title: Re: A Gambling Project Post by: DeboraMeeks on February 09, 2014, 01:15:38 PM 100 participants is a bit high. I only have 1% to win 1 btc. Maybe make it 20 people put between 0.01 and 0.05 in, winner gets 95%. House gets 5%?
Title: Re: A Gambling Project Post by: 100bitcoin on February 11, 2014, 01:19:12 PM 100 participants is a bit high. I only have 1% to win 1 btc. Maybe make it 20 people put between 0.01 and 0.05 in, winner gets 95%. House gets 5%? Thank you for sharing your opinion. I have given thought and have planned it this way... 0.01 BTC will be the unit payment. Now one can do multiple transactions to increase his chance of win and there is no limit to that, i.e. one can himself do all the 100 transactions, but then he ensures that he'll lose 5% as it'll go to the house. Please let me know what u people think about this... Title: Re: A Gambling Project Post by: roslinpl on February 11, 2014, 01:21:22 PM 100 participants is a bit high. I only have 1% to win 1 btc. Maybe make it 20 people put between 0.01 and 0.05 in, winner gets 95%. House gets 5%? Thank you for sharing your opinion. I have given thought and have planned it this way... 0.01 BTC will be the unit payment. Now one can do multiple transactions to increase his chance of win and there is no limit to that, i.e. one can himself do all the 100 transactions, but then he ensures that he'll lose 5% as it'll go to the house. Please let me know what u people think about this... There should be a limit for 1 person. In other case someone will spam your deposit system thats for sure. Title: Re: A Gambling Project Post by: 100bitcoin on February 11, 2014, 01:33:25 PM 100 participants is a bit high. I only have 1% to win 1 btc. Maybe make it 20 people put between 0.01 and 0.05 in, winner gets 95%. House gets 5%? Thank you for sharing your opinion. I have given thought and have planned it this way... 0.01 BTC will be the unit payment. Now one can do multiple transactions to increase his chance of win and there is no limit to that, i.e. one can himself do all the 100 transactions, but then he ensures that he'll lose 5% as it'll go to the house. Please let me know what u people think about this... There should be a limit for 1 person. In other case someone will spam your deposit system thats for sure. Can u please tell me how come one can spam the system if I dont put on a limit ? Title: Re: A Gambling Project Post by: roslinpl on February 11, 2014, 02:03:48 PM " e. one can himself do all the 100 transactions, but then he ensures that he'll lose 5% as it'll go to the house."
so someone with few btc can do all 100 transactions over and over. Am I right? :) Title: Re: A Gambling Project Post by: RGBKey on February 11, 2014, 02:13:14 PM You're going to have a very hard time getting enough people to deposit without any trust.
Title: Re: A Gambling Project Post by: 100bitcoin on February 11, 2014, 02:14:43 PM " e. one can himself do all the 100 transactions, but then he ensures that he'll lose 5% as it'll go to the house." so someone with few btc can do all 100 transactions over and over. Am I right? :) 0.01 BTC is the payment unit. Now one person is doing 100 transactions over and over. What will happen ? He'll ensure that for every 100 transaction he is going to lose 0.05 BTC. How does he game the system ? He'll actually ensure his loss !!! Title: Re: A Gambling Project Post by: 100bitcoin on February 11, 2014, 02:27:17 PM You're going to have a very hard time getting enough people to deposit without any trust. Yes. That is one big point that I have mentioned in my second post and this is what worries me the most. I am all new to this gambling business with no trust formed. So why people will trust me ? There is always a possibility that I may run out with their fund. This is the reason I am asking the community if 0.01 BTC is low enough to try a new gambling business or u want me to lower the entry cost ? Title: Re: A Gambling Project Post by: Sonny on February 12, 2014, 07:35:38 PM 5% edge? It will be way too high IMO.
Good luck with your project :) Title: Re: A Gambling Project Post by: 100bitcoin on February 12, 2014, 09:23:44 PM 5% edge? It will be way too high IMO. Good luck with your project :) I have not yet decided it to be 5%. Rather another member suggested it... 100 participants is a bit high. I only have 1% to win 1 btc. Maybe make it 20 people put between 0.01 and 0.05 in, winner gets 95%. House gets 5%? Its good if u please suggest how much other houses keep in general. I am planning to start a thread in the gambling section soon and need to clear out these things beforehand. Title: Re: A Gambling Project Post by: Kiki112 on February 12, 2014, 09:37:08 PM I don't completely follow you, is this some sort of a raffle or what? o.O
Title: Re: A Gambling Project Post by: Sonny on February 12, 2014, 09:57:09 PM Its good if u please suggest how much other houses keep in general. I am planning to start a thread in the gambling section soon and need to clear out these things beforehand. Just for illustration. Peerbet: 0% Primedice: 1% Justdice: 1% Luckyb.it: <1.76% SatoshiDice: ~1.9% Title: Re: A Gambling Project Post by: 100bitcoin on February 13, 2014, 01:56:19 PM I don't completely follow you, is this some sort of a raffle or what? o.O Here each player will join with 0.01 BTC. One can do multiple transactions each with 0.01 BTC. This joining will continue till the total reaches 1 BTC. Now we will add up a value taken from all the Tx to get a number. The right most 2 digits of this no. will decide the winning Tx. Title: Re: A Gambling Project Post by: BitCoinDream on February 13, 2014, 02:39:15 PM Its good if u please suggest how much other houses keep in general. I am planning to start a thread in the gambling section soon and need to clear out these things beforehand. Just for illustration. Peerbet: 0% Primedice: 1% Justdice: 1% Luckyb.it: <1.76% SatoshiDice: ~1.9% How does peerbet operate with 0% edge ? Title: Re: A Gambling Project Post by: kreeften on February 13, 2014, 02:51:31 PM Its good if u please suggest how much other houses keep in general. I am planning to start a thread in the gambling section soon and need to clear out these things beforehand. Just for illustration. Peerbet: 0% Primedice: 1% Justdice: 1% Luckyb.it: <1.76% SatoshiDice: ~1.9% Peerbet: 0% ??? Title: Re: A Gambling Project Post by: Sonny on February 13, 2014, 04:36:56 PM How does peerbet operate with 0% edge ? Peerbet: 0% ??? My bad, I sure make it more clearly. The original peerbet has only 1 game (raffles), and it is 0% edge. Later on, the site owner sold the site to bit777, and more games (with edge) were added on it. Quote Play Raffles, Wheel and Dice! 0% House edge on Raffles, 0.3% on PeerDice, 1% on Dice and 3.2% on Wheel! Title: Re: A Gambling Project Post by: roslinpl on February 13, 2014, 04:47:29 PM And how is your project?
Going good? Title: Re: A Gambling Project Post by: 100bitcoin on February 13, 2014, 06:43:58 PM And how is your project? Going good? Yes... I am gonna rent a domain to run the first show and I have got a suitable domain of my choice. The first game will be mostly operated manually and run in a thread posted in the gambling section of this forum. Initially I need to see people's participation in the game... whether they want to spend 0.01 BTC for a jackpot of 0.95 BTC. Once the first show run successfully, I'll go for automation. Will be posting the thread soon along with the domain name... Title: Re: A Gambling Project Post by: roslinpl on February 13, 2014, 07:47:41 PM And how is your project? Going good? Yes... I am gonna rent a domain to run the first show and I have got a suitable domain of my choice. The first game will be mostly operated manually and run in a thread posted in the gambling section of this forum. Initially I need to see people's participation in the game... whether they want to spend 0.01 BTC for a jackpot of 0.95 BTC. Once the first show run successfully, I'll go for automation. Will be posting the thread soon along with the domain name... good to hear. So just waiting for a link! :) asap! :) will promote your site if it is going to be good! Title: Re: A Gambling Project Post by: 100bitcoin on February 14, 2014, 01:51:27 PM And how is your project? Going good? Yes... I am gonna rent a domain to run the first show and I have got a suitable domain of my choice. The first game will be mostly operated manually and run in a thread posted in the gambling section of this forum. Initially I need to see people's participation in the game... whether they want to spend 0.01 BTC for a jackpot of 0.95 BTC. Once the first show run successfully, I'll go for automation. Will be posting the thread soon along with the domain name... good to hear. So just waiting for a link! :) asap! :) will promote your site if it is going to be good! Thank you for a supporting hand. Going to update soon... Any other suggestion in the mean time is highly welcome :) Title: Re: A Gambling Project Post by: serje on February 14, 2014, 02:01:49 PM Put a limit!
Let everyone have a fair chance! for example limit the number of entries to 10! Title: Re: A Gambling Project Post by: BitCoinDream on February 14, 2014, 04:44:09 PM Put a limit! Let everyone have a fair chance! for example limit the number of entries to 10! Can u please tell me how does it go against someone's fair chance ? If one does 50 entry, he's also susceptible to lose a bigger amount and even if he win, he'll actually win in lesser %. Is not it ? Please correct me if I have misunderstood the game. And yes, launch it fast. This is going to be the 1st game depending on blockchain data to decide the winner. Gonna be interesting. :) Title: Re: A Gambling Project Post by: serje on February 14, 2014, 06:26:47 PM Put a limit! Let everyone have a fair chance! for example limit the number of entries to 10! Can u please tell me how does it go against someone's fair chance ? If one does 50 entry, he's also susceptible to lose a bigger amount and even if he win, he'll actually win in lesser %. Is not it ? Please correct me if I have misunderstood the game. And yes, launch it fast. This is going to be the 1st game depending on blockchain data to decide the winner. Gonna be interesting. :) for example: pot is 0.1 and one ticket costs 0.0001 this raffle will need 1000 participants they buy 999 tickets and wait for someone to spend 0.0001 so that they can win it and they make like thousand of raffles like this if you make unlimited entries and you let us see how many people sent money to that raffles i doubt someone will just give away 0.01 just because someone spent 0.99 at least i will not play such a game i rather give 6$ to an old man than donate it to someone how is just taking all the chances i would suggest you to make more raffles after you make the first one one with 1BTC, one with 0.5BTC, one with 0.1BTC and so on! by fair chance i wanted to say if the bot is 1BTC and the buy in is 0.01 put a limit of 10 tickets per member this way they all stand equals and if you have more raffles then you are addressing to a larger scale of customers all with different sizes of wallets! just my opinion! Title: Re: A Gambling Project Post by: Sonny on February 15, 2014, 08:09:19 AM Put a limit! Let everyone have a fair chance! for example limit the number of entries to 10! Can u please tell me how does it go against someone's fair chance ? If one does 50 entry, he's also susceptible to lose a bigger amount and even if he win, he'll actually win in lesser %. Is not it ? Please correct me if I have misunderstood the game. And yes, launch it fast. This is going to be the 1st game depending on blockchain data to decide the winner. Gonna be interesting. :) for example: pot is 0.1 and one ticket costs 0.0001 this raffle will need 1000 participants they buy 999 tickets and wait for someone to spend 0.0001 so that they can win it and they make like thousand of raffles like this if you make unlimited entries and you let us see how many people sent money to that raffles i doubt someone will just give away 0.01 just because someone spent 0.99 It is still fair, for both "spending 0.0001 and have a chance of 0.1% to get back 0.1" and "spending 0.0999 and have a chance of 99.9% to get back 0.1". And don't forget, OP is planning to have a positive house edge. So, if you buy 99% of the tickets, you are guaranteed to lose lol. ;) Title: Re: A Gambling Project Post by: BitCoinDream on February 15, 2014, 01:46:06 PM Put a limit! Let everyone have a fair chance! for example limit the number of entries to 10! Can u please tell me how does it go against someone's fair chance ? If one does 50 entry, he's also susceptible to lose a bigger amount and even if he win, he'll actually win in lesser %. Is not it ? Please correct me if I have misunderstood the game. And yes, launch it fast. This is going to be the 1st game depending on blockchain data to decide the winner. Gonna be interesting. :) for example: pot is 0.1 and one ticket costs 0.0001 this raffle will need 1000 participants they buy 999 tickets and wait for someone to spend 0.0001 so that they can win it and they make like thousand of raffles like this if you make unlimited entries and you let us see how many people sent money to that raffles i doubt someone will just give away 0.01 just because someone spent 0.99 at least i will not play such a game i rather give 6$ to an old man than donate it to someone how is just taking all the chances i would suggest you to make more raffles after you make the first one one with 1BTC, one with 0.5BTC, one with 0.1BTC and so on! by fair chance i wanted to say if the bot is 1BTC and the buy in is 0.01 put a limit of 10 tickets per member this way they all stand equals and if you have more raffles then you are addressing to a larger scale of customers all with different sizes of wallets! just my opinion! Thanx for the explanation. I think u r right. But in Bitcoin world, I guess this limitation is not really possible. Because u can limit an address. But one person can create multiple addresses to participate. Rather, as Sony correctly pointed out, if you buy 99% of the tickets, you are guaranteed to lose. Title: Re: A Gambling Project Post by: Rulishix on February 15, 2014, 09:46:15 PM What kind of site would this be? Dice? Casino? Poker? Seems interesting! I hope it all works out.
Title: Re: A Gambling Project Post by: roslinpl on February 16, 2014, 12:29:04 AM Yes seems very interesting :) we all wait untill it is fiished!
hopefully soon! Good luck to dev! Title: Re: A Gambling Project Post by: 100bitcoin on February 16, 2014, 09:32:41 AM What kind of site would this be? Dice? Casino? Poker? Seems interesting! I hope it all works out. The game logic is open. Winner will be found depending on blockchain data. So, I guess, it is neither Dice nor Poker. Can it be categorized as Casino ? I'm NOT sure !!! Can anyone please suggest in which category this game will fall ? Title: Re: A Gambling Project Post by: serje on February 16, 2014, 09:47:28 AM What kind of site would this be? Dice? Casino? Poker? Seems interesting! I hope it all works out. The game logic is open. Winner will be found depending on blockchain data. So, I guess, it is neither Dice nor Poker. Can it be categorized as Casino ? I'm NOT sure !!! Can anyone please suggest in which category this game will fall ? I think it's more like Lotto or Keno without numbers :) We all pay to reach a jackpot! And 100% someone will win not like at Lotto or Keno where there is a big chance that everyone will loose! Title: Re: A Gambling Project Post by: 100bitcoin on February 16, 2014, 08:31:15 PM Yes seems very interesting :) we all wait untill it is fiished! hopefully soon! Good luck to dev! Yep. The skeleton of the website that would be run manually at the beginning is ready. I'll be posting in the gambling section soon. You may start playing though... Here we go => www.100bit.co.in Title: Re: A Gambling Project Post by: serje on February 16, 2014, 08:52:11 PM Yes seems very interesting :) we all wait untill it is fiished! hopefully soon! Good luck to dev! Yep. The skeleton of the website that would be run manually at the beginning is ready. I'll be posting in the gambling section soon. You may start playing though... Here we go => www.100bit.co.in The rightmost 2 digits will identify the winning transaction. what this actually means? Title: Re: A Gambling Project Post by: 100bitcoin on February 16, 2014, 09:06:47 PM Yes seems very interesting :) we all wait untill it is fiished! hopefully soon! Good luck to dev! Yep. The skeleton of the website that would be run manually at the beginning is ready. I'll be posting in the gambling section soon. You may start playing though... Here we go => www.100bit.co.in The rightmost 2 digits will identify the winning transaction. what this actually means? Suppose the sum of all the Input tx_index are = 1131001470 Therefore, the address that made the 70th transaction is the winner. 70 is the rightmost 2 digits of the sum. Title: Re: A Gambling Project Post by: serje on February 16, 2014, 09:12:30 PM Yes seems very interesting :) we all wait untill it is fiished! hopefully soon! Good luck to dev! Yep. The skeleton of the website that would be run manually at the beginning is ready. I'll be posting in the gambling section soon. You may start playing though... Here we go => www.100bit.co.in The rightmost 2 digits will identify the winning transaction. what this actually means? Suppose the sum of all the Input tx_index are = 1131001470 Therefore, the address that made the 70th transaction is the winner. 70 is the rightmost 2 digits of the sum. Ok, I got it now :D Title: Re: A Gambling Project Post by: alekfor on February 16, 2014, 09:45:20 PM Good luck!
Title: Re: A Gambling Project Post by: yntro on February 16, 2014, 10:36:09 PM I am planning to build a gambling site with following features... 1. Everyone will join with a static amount of 0.01 BTC 2. Jackpot amount will rise till it reaches 1 BTC, i.e. 100 joinee 3. Each Tx index will be added to get a number and the 2 rightmost digit will be counted to identify the winning Tx Can this idea take off ? intresting idea.. well atleast never saw something like this before i guess :D give it a shot. Title: Re: A Gambling Project Post by: BitCoinDream on February 17, 2014, 04:02:50 PM Yes seems very interesting :) we all wait untill it is fiished! hopefully soon! Good luck to dev! Yep. The skeleton of the website that would be run manually at the beginning is ready. I'll be posting in the gambling section soon. You may start playing though... Here we go => www.100bit.co.in good ...plz post it in the gambling section too... Title: Re: A Gambling Project Post by: quone17 on February 17, 2014, 04:06:22 PM one problem is the people who start might have to wait a long time until the 100 people enter and they'll begin to doubt if the raffle will ever occur. maybe set a time limit and/or person limit so that they know it will start on a certain date even if only 50 people show up (and then win only .5 btc)
Title: Re: A Gambling Project Post by: 100bitcoin on February 17, 2014, 04:41:56 PM one problem is the people who start might have to wait a long time until the 100 people enter and they'll begin to doubt if the raffle will ever occur. maybe set a time limit and/or person limit so that they know it will start on a certain date even if only 50 people show up (and then win only .5 btc) Nice point, but there is one problem in implementing it in this system, because our winner is dependent on blockchain.info tx_index. We are adding up Tx indices to get a number between 0-99. But, if I stop the game depending on the participation, then how will I decide the winner ? Suppose there are 34 transactions. If the rightmost 2 digits of the added result is 73, then no one will win it and this is bad. Can u please suggest any counter mechanism to sort out his problem ? Title: Re: A Gambling Project Post by: OnkelPaul on February 17, 2014, 04:57:34 PM Take the sum of tx_indexes modulo number of entries. This gives a number between 0 and (number of entries - 1). If you either add 1 to the result or number your entries starting from 0 you have found the winning entry that would get the jackpot minus house edge.
100 entries is just a special case of this - modulo 100 just means to take the last 2 digits. Of course, it requires some arithmetics to check whether the right transaction won - just taking the last 2 digits is easier. But then adding up 100 tx indexes is already quite some bit of work, so few people would check manually. Another possible problem (unless I misunderstood the function of tx_index) is the placement of transactions in the list - are they sorted strictly by tx_index, or by arrival at your node? Onkel Paul (note that even though I gave technical advice on how such a thing might be done, I generally recommend against gambling, especially if you don't really have money that you won't miss when you lost it...) Title: Re: A Gambling Project Post by: 100bitcoin on February 17, 2014, 06:07:08 PM Take the sum of tx_indexes modulo number of entries. This gives a number between 0 and (number of entries - 1). If you either add 1 to the result or number your entries starting from 0 you have found the winning entry that would get the jackpot minus house edge. 100 entries is just a special case of this - modulo 100 just means to take the last 2 digits. Of course, it requires some arithmetics to check whether the right transaction won - just taking the last 2 digits is easier. But then adding up 100 tx indexes is already quite some bit of work, so few people would check manually. Another possible problem (unless I misunderstood the function of tx_index) is the placement of transactions in the list - are they sorted strictly by tx_index, or by arrival at your node? Onkel Paul (note that even though I gave technical advice on how such a thing might be done, I generally recommend against gambling, especially if you don't really have money that you won't miss when you lost it...) Thank u for the solution ..so what I understand, if we have a tx_index sum of 987654321 and 89 transactions at the end of the time limit, then 50 is the winning transaction. Because => https://www.google.com/search?q=987654321%2589 ...I'm NOT sure how people are going to accept it. I'm waiting for community feedback for this rule. Regarding the sequence of transaction, it is by the arrival at my node. I mentioned it at Point 3 of http://www.100bit.co.in/rules.php @Onkel Paul Yes, I agree that if 0.01 BTC is something that someone cant afford to lose, he/she should stay away from this game. At the same time, I urge you to make the first transaction for a kick start :) Title: Re: A Gambling Project Post by: serje on February 17, 2014, 06:10:46 PM Take the sum of tx_indexes modulo number of entries. This gives a number between 0 and (number of entries - 1). If you either add 1 to the result or number your entries starting from 0 you have found the winning entry that would get the jackpot minus house edge. 100 entries is just a special case of this - modulo 100 just means to take the last 2 digits. Of course, it requires some arithmetics to check whether the right transaction won - just taking the last 2 digits is easier. But then adding up 100 tx indexes is already quite some bit of work, so few people would check manually. Another possible problem (unless I misunderstood the function of tx_index) is the placement of transactions in the list - are they sorted strictly by tx_index, or by arrival at your node? Onkel Paul (note that even though I gave technical advice on how such a thing might be done, I generally recommend against gambling, especially if you don't really have money that you won't miss when you lost it...) Thank u for the solution ..so what I understand, if we have a tx_index sum of 987654321 and 89 transactions at the end of the time limit, then 50 is the winning transaction. Because => https://www.google.com/search?q=987654321%2589 ...I'm NOT sure how people are going to accept it. I'm waiting for community feedback for this rule. Regarding the sequence of transaction, it is by the arrival at my node. I mentioned it at Point 3 of http://www.100bit.co.in/rules.php @Onkel Paul Yes, I agree that 0.01 BTC is something that someone cant afford to lose, he/she should stay away from this game. At the same time, I urge you to make the first transaction for a kick start :) Title: Re: A Gambling Project Post by: roslinpl on February 17, 2014, 10:56:43 PM as long as this numbers are variable then i say YES! Sure we say yes!! :) Developing is so amazing! :) Title: Re: A Gambling Project Post by: Sonny on February 18, 2014, 04:26:16 AM Take the sum of tx_indexes modulo number of entries. This gives a number between 0 and (number of entries - 1). If you either add 1 to the result or number your entries starting from 0 you have found the winning entry that would get the jackpot minus house edge. 100 entries is just a special case of this - modulo 100 just means to take the last 2 digits. Of course, it requires some arithmetics to check whether the right transaction won - just taking the last 2 digits is easier. But then adding up 100 tx indexes is already quite some bit of work, so few people would check manually. Another possible problem (unless I misunderstood the function of tx_index) is the placement of transactions in the list - are they sorted strictly by tx_index, or by arrival at your node? Onkel Paul (note that even though I gave technical advice on how such a thing might be done, I generally recommend against gambling, especially if you don't really have money that you won't miss when you lost it...) Thank u for the solution ..so what I understand, if we have a tx_index sum of 987654321 and 89 transactions at the end of the time limit, then 50 is the winning transaction. Because => https://www.google.com/search?q=987654321%2589 ...I'm NOT sure how people are going to accept it. I'm waiting for community feedback for this rule. Regarding the sequence of transaction, it is by the arrival at my node. I mentioned it at Point 3 of http://www.100bit.co.in/rules.php @Onkel Paul Yes, I agree that if 0.01 BTC is something that someone cant afford to lose, he/she should stay away from this game. At the same time, I urge you to make the first transaction for a kick start :) I have no problem with that rule at all. Good luck to your project :) Title: Re: A Gambling Project Post by: sanjoea on February 18, 2014, 08:21:28 AM I like to join but i don't have money to share
Title: Re: A Gambling Project Post by: BitCoinDream on February 18, 2014, 11:01:29 AM I like to join but i don't have money to share U dont need money here. U need 0.01 BTC ;) Title: Re: A Gambling Project Post by: serje on February 18, 2014, 11:37:26 AM I like to join but i don't have money to share Do you want me to buy you a ticket? Title: Re: A Gambling Project Post by: Hilaryclok on February 18, 2014, 02:08:15 PM Sure you can. Do it!
Title: Re: A Gambling Project Post by: Sonny on February 18, 2014, 04:50:38 PM I like to join but i don't have money to share You will get enough bitcoin to buy several tickets soon, when you receive your sig ad payment. :D Title: Re: A Gambling Project Post by: 100bitcoin on February 19, 2014, 03:36:05 PM I have updated the first post of this thread as per the community suggestion. The game may begin now :)
Title: Re: A Gambling Project Post by: tadukaz9 on February 19, 2014, 03:55:03 PM When this game will be going on? I think i would give it a try.
Title: Re: A Gambling Project Post by: 100bitcoin on February 19, 2014, 04:13:34 PM When this game will be going on? I think i would give it a try. The game is ON. To participate, U just need to send 0.01 BTC to 1K3dhqF1hLsqThRw41KvMkFrogvgy5e6cp. If you send that amount, please post your Tx details here => https://bitcointalk.org/index.php?topic=471521.0 Title: Re: A Gambling Project Post by: 100bitcoin on February 20, 2014, 03:29:22 PM GooD news :) We have got our first Tx : https://blockchain.info/tx/39101406353faa921a957942e0894a859f9dc1cb837fed0d8e73679c57eb2aae
If u make your Tx. Please update here : https://bitcointalk.org/index.php?topic=471521.0 Title: Re: A Gambling Project Post by: serje on February 20, 2014, 03:34:26 PM GooD news :) We have got our first Tx : https://blockchain.info/tx/39101406353faa921a957942e0894a859f9dc1cb837fed0d8e73679c57eb2aae If u make your Tx. Please update here : https://bitcointalk.org/index.php?topic=471521.0 Yeah that's me :) I will edit my post with the link! Title: Re: A Gambling Project Post by: 100bitcoin on February 21, 2014, 07:22:54 PM GooD news :) We have got our first Tx : https://blockchain.info/tx/39101406353faa921a957942e0894a859f9dc1cb837fed0d8e73679c57eb2aae If u make your Tx. Please update here : https://bitcointalk.org/index.php?topic=471521.0 Yeah that's me :) I will edit my post with the link! Thanx... xpecting more people to participate :) Title: Re: A Gambling Project Post by: WillBeIn2018 on February 21, 2014, 07:41:03 PM Sound great!
Title: Re: A Gambling Project Post by: Klodike69 on February 21, 2014, 09:21:36 PM GL & HF!
Title: Re: A Gambling Project Post by: BitCoinDream on February 22, 2014, 09:31:45 AM Title: Re: A Gambling Project Post by: serje on February 22, 2014, 09:34:16 AM Good Luck & Have Fun!
You are welcome! :) Title: Re: A Gambling Project Post by: BitCoinDream on February 23, 2014, 03:32:39 PM Good Luck & Have Fun! You are welcome! :) Thank U :) Title: Re: A Gambling Project Post by: nahtnam on February 23, 2014, 07:15:25 PM I dont understand what this game is/does.
Title: Re: A Gambling Project Post by: howzar on February 23, 2014, 08:01:08 PM I dont understand what this game is/does. Some kind of lottery. Title: Re: A Gambling Project Post by: nahtnam on February 23, 2014, 08:03:12 PM I dont understand what this game is/does. Some kind of lottery. What are all the tiles on the page? Title: Re: A Gambling Project Post by: roslinpl on February 23, 2014, 08:49:06 PM I dont understand what this game is/does. it does nothing yet ;) it is a "open project" :) Title: Re: A Gambling Project Post by: BitCoinDream on March 01, 2014, 12:47:57 PM I dont understand what this game is/does. it does nothing yet ;) it is a "open project" :) actually the game is running here => https://bitcointalk.org/index.php?topic=471521.0 OP said, the site will be set up properly once the first roll takes place w/o issue. Title: Re: A Gambling Project Post by: 100bitcoin on March 03, 2014, 02:46:50 PM I dont understand what this game is/does. it does nothing yet ;) it is a "open project" :) actually the game is running here => https://bitcointalk.org/index.php?topic=471521.0 OP said, the site will be set up properly once the first roll takes place w/o issue. The site is set up as well. Just it is operated manually rather than automatically... Please check www.100bit.co.in Title: Re: A Gambling Project Post by: 100bitcoin on March 07, 2014, 11:47:42 AM We have got our second Tx...
https://blockchain.info/tx/4e2efbdc1f4ade2bb01133b20e037efe00e6ad2db5ee01214e18e2ed7b7bf736 Title: Re: A Gambling Project Post by: apsvinet on March 07, 2014, 12:33:28 PM Does anyone who has used this so far have any concerns about payments, trust etc?
Title: Re: A Gambling Project Post by: BitCoinDream on March 07, 2014, 08:27:41 PM Does anyone who has used this so far have any concerns about payments, trust etc? AFAIK, this is the first roll... Title: Re: A Gambling Project Post by: newIndia on March 21, 2014, 03:32:19 PM So this game is going to end today ?
Title: Re: A Gambling Project Post by: Shogen on March 21, 2014, 03:47:58 PM So this game is going to end today ? IIRC, the game will end in about 11 hours, and the second player (1F27UySRsxWdtdQKxvKrSMppz2QAriPx3D) will win if there is no third player. https://bitcointalk.org/index.php?topic=471521.0 Title: Re: A Gambling Project Post by: 100bitcoin on March 22, 2014, 11:33:47 AM This round of game is over and the winner (https://blockchain.info/address/1F27UySRsxWdtdQKxvKrSMppz2QAriPx3D) has been paid 0.0285 BTC.
https://blockchain.info/tx/a3795c20e75c59d6e27ffcd72f630f62bc7d3ee3d6bad79d6030806bf338d5d6 Whether u have participated or watched this game, u are requested to leave a +ve trust feedback. Thank you all. Something more interesting is awaiting at www.100bit.co.in. Title: Re: A Gambling Project Post by: apsvinet on March 22, 2014, 01:50:54 PM This round of game is over and the winner (https://blockchain.info/address/1F27UySRsxWdtdQKxvKrSMppz2QAriPx3D) has been paid 0.0285 BTC. Good job paying! Being honest builds trust! https://blockchain.info/tx/a3795c20e75c59d6e27ffcd72f630f62bc7d3ee3d6bad79d6030806bf338d5d6 Whether u have participated or watched this game, u are requested to leave a +ve trust feedback. Thank you all. Something more interesting is awaiting at www.100bit.co.in. Best of luck in the future! Title: Re: A Gambling Project Post by: 100bitcoin on March 23, 2014, 04:34:21 PM I have started a thread for my next project. Expecting your valued contribution...
https://bitcointalk.org/index.php?topic=526706.0 Title: Re: A Gambling Project Post by: apsvinet on March 23, 2014, 07:22:13 PM I have started a thread for my next project. Expecting your valued contribution... This looks really good to be honest, very well done.https://bitcointalk.org/index.php?topic=526706.0 Title: Re: A Gambling Project Post by: BitCoinDream on March 24, 2014, 02:29:20 PM I have started a thread for my next project. Expecting your valued contribution... This looks really good to be honest, very well done.https://bitcointalk.org/index.php?topic=526706.0 Best of Luck for your new venture ...Remember, Fortune favors the Brave !!! |