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Title: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: anbu_haku on March 13, 2014, 04:23:04 PM The 50/50 Game
Double or Nothing Hi BTC Lovers, Please DO NOT trust me! :o .. but I wish to start a game that doubles your bet with a 50/50 chance ;D So let's start small & if it turns out OK, I'll create a proper site for it once I've established trust within the forum & have a sizeable pot. Here we go! Steps to Participate:
The Rules
TID Result Calculation
Calculation Example
Funds Allocation
Good Luck! ;D ANBU Haku P/s: Senior or Trusted BTC member, please quote OP. I will only make minor changes & regular updates for the Reserve amount & maximum bets. Thank you. Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Kyraishi on March 13, 2014, 04:27:07 PM 24 hours waiting for a such small amount bet?
you must be kidding aren't you? sorry but me, I can't wait long. Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: anbu_haku on March 13, 2014, 04:27:39 PM I'm doing this in hopes to build trust & make profit in the long run. Hence having a very low bet amount.
Hope it is cool with you all ;) Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: anbu_haku on March 13, 2014, 04:36:27 PM 24 hours waiting for a such small amount bet? you must be kidding aren't you? sorry but me, I can't wait long. Since I am not able to be in front of the screen constantly, I'm giving myself that much time to check the thread, verify bets & make payouts. I do apologies if its too long. My long term goal, is to have a proper site with the same rules with a semi-auto or auto-payout feature. So while I'm learning to understand and create the daemon/program for the site, I thought why not get the game started in BT first ;) Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Kyraishi on March 13, 2014, 04:38:15 PM 24 hours waiting for a such small amount bet? you must be kidding aren't you? sorry but me, I can't wait long. Since I am not able to be in front of the screen constantly, I'm giving myself that much time to check the thread, verify bets & make payouts. I do apologies if its too long. My long term goal, is to have a proper site with the same rules with a semi-auto or auto-payout feature. So while I'm learning to understand and create the daemon/program for the site, I thought why not get the game started in BT first ;) okay I understand, but are you planning to do more than double? maybe triple ? Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Buziss on March 13, 2014, 04:38:32 PM So the result is solely based on the Tx ID, right?
And, you know we can check the Tx ID before broadcasting the Tx, right? Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Kyraishi on March 13, 2014, 04:39:50 PM So the result is solely based on the Tx ID, right? And, you know we can check the Tx ID before broadcasting the Tx, right? really? Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Buziss on March 13, 2014, 04:40:49 PM So the result is solely based on the Tx ID, right? And, you know we can check the Tx ID before broadcasting the Tx, right? really? I guess you are referring to my second line... And yes, we can easily do that... Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: anbu_haku on March 13, 2014, 04:45:06 PM okay I understand, but are you planning to do more than double? maybe triple ? Its a possibility. Thanks for the idea ;) but instead of using the 1st 8 character, the rule would be to use the 1st 16th character of ID to increase the difficulity. Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: anbu_haku on March 13, 2014, 04:51:19 PM So the result is solely based on the Tx ID, right? And, you know we can check the Tx ID before broadcasting the Tx, right? True, but in order to have a "valid" bet you would need to have an uneditted post bet in this thread before executing the Tx Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Buziss on March 13, 2014, 04:56:56 PM So the result is solely based on the Tx ID, right? And, you know we can check the Tx ID before broadcasting the Tx, right? True, but in order to have a "valid" bet you would need to have an uneditted post bet in this thread before executing the Tx Guess you misunderstood my point. Say I make a reply "High", and I will create a tx to your address. Before broadcasting the tx, I will check if I will win with it. If not, I will create another tx with another input so that it will have a different tx id, and check if I will win; and so on. Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Buziss on March 13, 2014, 05:00:03 PM So there are only 2 possible outcomes IMHO:
1. You run with all the money, and all bettors lose their money. 2. All (or at least most) of the bettors win their bets, and you lose your money. Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: anbu_haku on March 13, 2014, 05:04:43 PM Thanks Buziss for highlighting it, I really didn't know about that & yes, I did miss the point about that "broadcasting".
Need to come up with another provably fair method of doing this than. Thanks again!! ;D To others: Please do not make any bets yet! :o Title: Re: The 50/50 Game | Double or Nothing | Min: 0.001 / Max: 0.002 | 200% Payout Post by: Buziss on March 16, 2014, 03:31:17 AM Thanks Buziss for highlighting it, I really didn't know about that & yes, I did miss the point about that "broadcasting". Thanks again!! ;D You are welcome. Need to come up with another provably fair method of doing this than. You may want to take a look how other on-chain gambling sites (such as SatoshiDice or luckyb.it) works. |