Bitcoin Forum

Economy => Gambling => Topic started by: ned.ryerson on June 11, 2014, 08:14:23 PM



Title: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: ned.ryerson on June 11, 2014, 08:14:23 PM
Hi All,

I am announcing a new blockchain betting game with results derived directly from the blockchain called BetTheChain!  No more custom/3rd party verification scripts to check your results.

Currently, there are 4 bets that you can place.  Bets are placed by sending BTC to one of these addresses:
  • 1oddn3t83Vc56jvs6rkmnNxaxjU19yZRV: That the last character of the hash of the block that includes your bet transaction is ODD (1, 3, 5, 7, 9, b, d, or f).  Pays out 1.95x your wager.  Min bet amount: 0.001 BTC.  Max bet amount:  0.01 BTC
  • 1evenXj6YLpEfeCShW6jbjP7Vg7FsAzRd: That the last character of the hash of the block that includes your bet transaction is EVEN (0, 2, 4, 6, 8, a, c, or e).  Pays out 1.95x your wager.  Min bet amount: 0.001 BTC.  Max bet amount:  0.01 BTC
  • 1in8Gaf3QMFqCCVLaFM9XQG3Um19ANZZj: That the last character of the hash of the block that includes your bet transaction is 0 or 1.  Pays out 7.0x your wager.  Min bet amount: 0.001 BTC.  Max bet amount:  0.003 BTC
  • 1in4gyrvwyhww9fyh2hGt3cdi1Ub172Bz: That the last character of the hash of the block that includes your bet transaction is 0, 1, 2, or 3.  Pays out 3.25x your wager.  Min bet amount: 0.001 BTC.  Max bet amount:  0.006 BTC

Bets over/under their corresponding min/max bet range will be "returned to sender".

All refunds and rewards are deducted 0.0001 BTC for a transaction fee.

Current Promotion:
The first 5 people to place a max bet for any of the wagers above will receive the amount wagered back, FREE, regardless of whether you win or lose your bet!  Simply reply to this thread with the transaction ID of your bet.

More types of bets to come!

Additional Info:
Right now, because we settle wagers as soon as your transaction is confirmed, we will use the first block that we receive.  This could mean that we end up using a block that will eventually be orphaned, but this does not happen often.  We may change this in the future to wait for 2 or 3 confirmations to ensure that we are always using a block from the main chain.

As with other chain betting games, please make sure you use a compatible wallet so that your reward can be sent to you!  If you aren't sure what type of wallet to use, check out https://blockchain.info/wallet (https://blockchain.info/wallet) which is compatible.


Title: Re: BetTheChain - A new BlockChain betting game with easy verification
Post by: ned.ryerson on June 12, 2014, 01:01:42 AM
As a launch promotion, the first 5 to wager at least 0.01 BTC (collectively across bets from the same address) and reply to this thread will have their losses (up to the first 0.01 BTC wagered) refunded to that address.


Title: Re: BetTheChain - A new BlockChain betting game with easy verification
Post by: monbux on June 12, 2014, 01:03:09 AM
As a launch promotion, the first 5 to wager at least 0.01 BTC (collectively across bets from the same address) and reply to this thread will have their losses (up to the first 0.01 BTC wagered) refunded to that address.

Is there a site that you have provided for this?
Plus, is it automatic or manual payments?


Title: Re: BetTheChain - A new BlockChain betting game with easy verification
Post by: ned.ryerson on June 12, 2014, 01:06:34 AM
There is no site yet.  I am still looking for reliable offshore hosting to view results.  Payouts are automatic after the block containing your transaction is found.


Title: Re: BetTheChain - A new BlockChain betting game with easy verification
Post by: ned.ryerson on June 12, 2014, 01:20:47 PM
As promised, we have added additional wagers that you can make:

1in8Gaf3QMFqCCVLaFM9XQG3Um19ANZZj: That the hash of the block that contains your transaction will end with a "0" or a "1".  The multiplier for this wager is 7.0x your wager.  Min bet: 0.001 BTC.  Max bet:  0.003 BTC

1in4gyrvwyhww9fyh2hGt3cdi1Ub172Bz:  That the hash of the block that contains your transaction will end with a "0", "1', "2", or "3".  The multiplier for this wager is 3.25x your wager.  Min bet:  0.001 BTC.  Max bet:  0.006 BTC.

If you have any other types of wagers that you would be interested in, please let me know.


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: ned.ryerson on June 12, 2014, 02:18:11 PM
Updating our promotion:

Current Promotion:
The first 5 people to place a max bet for any of the wagers above will receive the amount wagered back, FREE, regardless of whether you win or lose your bet!  Simply reply to this thread with the transaction ID of your bet.


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: hodlmybtc on June 12, 2014, 02:42:37 PM
I bet 0.01 on even, txid: https://blockchain.info/tx/34b0131336d6267c1e8f5a7070ebf947f87eb41373f3d88bae93181c83d12209


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: Parham6 on June 12, 2014, 02:53:02 PM
I bet 0.01 on even, txid: https://blockchain.info/nl/tx/34b0131336d6267c1e8f5a7070ebf947f87eb41373f3d88bae93181c83d12209

Any confirmed return/payout? You've won 1.95x.
Your Hash: 00000000000000004ea0f7d3edf0feff1048cf7ee1e058f65ed11fe580d737fe

Edit: Seemingly confirmed payout below
https://blockchain.info/tx/ef70cd93452e0d0fce41216777395003118e416c17a07c63e76ab62ef31bd4f5


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: hodlmybtc on June 12, 2014, 03:05:46 PM
I bet 0.01 on even, txid: https://blockchain.info/nl/tx/34b0131336d6267c1e8f5a7070ebf947f87eb41373f3d88bae93181c83d12209

Any confirmed return/payout? You've won 1.95x.
Hash: 00000000000000004ea0f7d3edf0feff1048cf7ee1e058f65ed11fe580d737fe

Yes I've received the payout, it took a little longer after the block was found so I don't know if the automatic system works as it should.

Txid: https://blockchain.info/tx/ef70cd93452e0d0fce41216777395003118e416c17a07c63e76ab62ef31bd4f5

And according to the promotion I should get 0.01, regardless of wether I won or lost, haven't received that yet.

Edit: Didn't see your edit before posting :)


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: Parham6 on June 12, 2014, 03:07:43 PM
And according to the promotion I should get 0.01, regardless of wether I won or lost, haven't received that yet.

Weren't you supposed to get 0.0294 (considering the fees)?


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: ned.ryerson on June 12, 2014, 03:09:21 PM
I bet 0.01 on even, txid: https://blockchain.info/nl/tx/34b0131336d6267c1e8f5a7070ebf947f87eb41373f3d88bae93181c83d12209

Any confirmed return/payout? You've won 1.95x.
Hash: 00000000000000004ea0f7d3edf0feff1048cf7ee1e058f65ed11fe580d737fe

Yes I've received the payout, it took a little longer after the block was found so I don't know if the automatic system works as it should.

Txid: https://blockchain.info/nl/tx/ef70cd93452e0d0fce41216777395003118e416c17a07c63e76ab62ef31bd4f5

And according to the promotion I should get 0.01, regardless of wether I won or lost, haven't received that yet.
Hi hodlmybtc, congratulations on your win!  There was a quirk with the auto-payout, so I had to manually push your transaction.  I will send your additional 0.01 BTC shortly.  Please give me a bit of time so that I can address this auto-payout issue.


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: Parham6 on June 12, 2014, 03:12:05 PM
If I bet 0.01 two times and lose, will I get both 0.01s back or only one of them?


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: hodlmybtc on June 12, 2014, 03:13:17 PM
Weren't you supposed to get 0.0294 (considering the fees)?

Yes

Hi hodlmybtc, congratulations on your win!  There was a quirk with the auto-payout, so I had to manually push your transaction.  I will send your additional 0.01 BTC shortly.  Please give me a bit of time so that I can address this auto-payout issue.

Thanks! It's cool I'm not in a hurry


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: ned.ryerson on June 12, 2014, 04:12:30 PM
Promotion payout sent:  https://blockchain.info/tx/b8f1bf8902fd1deec79e0eec6f35dd9110008e982b7267ecdf7bc244f0f3de20


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: hodlmybtc on June 12, 2014, 04:17:36 PM
Promotion payout sent:  https://blockchain.info/tx/b8f1bf8902fd1deec79e0eec6f35dd9110008e982b7267ecdf7bc244f0f3de20

Received, thanks! Good luck in the future with your game, I might bet another time :)


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: ned.ryerson on June 12, 2014, 04:19:31 PM
If I bet 0.01 two times and lose, will I get both 0.01s back or only one of them?
Only one, sorry.  Only one promotion can be claimed per forum account.  You're forum account must have at least 20 posts too.


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: ned.ryerson on June 12, 2014, 08:29:01 PM
The auto-payout issue should be resolved now.  Payouts are made automatically as soon as a block with your transaction is found.

4 promos still available to be claimed!


Title: Re: BetTheChain | Provably Fair | Instant Payouts | Free BTC
Post by: ned.ryerson on June 13, 2014, 01:47:10 PM
Promo is still active, folks!