Print Page - Double Trouble 2! Double your money within 7 days!

Economy => Marketplace => Topic started by: bitcoinlottery on June 04, 2011, 10:36:12 PM

Title: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 04, 2011, 10:36:12 PM

Double Trouble 2

Double Trouble 2 is a very simple game. Someone begins with an arbitrary amount (at least 0.05 btc), for example 0.10 btc. The next one in the game can send also an arbitrary amount. The first gets double his amount if the total amount after the entry is double his amount. Then the next one can get double his money and so on! This continues until 7 days after the last double!
Note: You don't have to double the previous amount.

Steps
1. Send at least 0.05 btc to

Code:

1L5XmYTMvJ5chaMoYRybX6grpMGVYhbJcn

Watch: http://blockexplorer.com/address/1L5XmYTMvJ5chaMoYRybX6grpMGVYhbJcn

2. Wait (or promote this game) until someone else plays and double your money within 7 days!

- Excluding transaction fee and 1% fee
- Don't use EWallet

Open source! (Python)

Code:

tickets = [
    ['1EPd8DM5vQ3UvQY6Yr4bcYk13a4XsBnwz3', 5],
    ['1EnvHJgQh7WGPpnL686RDQFW6FEeznTbkB', 10],
    ['1tqwh6iBYk7F7gcVQ7PKuamf1PR4QgbgF', 20],
    ['1HvsWwqqtc775XM2iYHjAoekpzH3dptVNr', 41],
    ['1JosHcP8sVeBCdonMDSaZfS6cb9Ub46cmJ', 40],
    ['1FZ8tW5wjh1EDFsztSQYtpkxsa1C79GvZX', 125],
    ['1DpL7b8XBE7N2FecL6GGMtSRVUyBKC6Rd3', 251],
    ['16Uox1JKSqfe5LpWpm5TVVqdCcqBiybfgP', 5],
    ['19xRS9cz3m8YXnf83eWe2vHRL1skgixJre', 20],
    ['1FdtJayHR5qWJ67RAhGDjgedVKjFSHSKad', 75],
    ['1BUN1vb6r6fz1peafNrptCtMuRwVq8aNKo', 5],
    ['1AiqDfTWsT2wiu9JqgFJaCYpJZ5XBMGRPy', 50],
    ['12DnFV5JeeD8oBeVd17hkqZCaAnKzWeoNp', 15],
    ['17r7ALUqoKQ3d8MpQ8QBTfqiEoQMiztRDh', 20],
    ['1HvsWwqqtc775XM2iYHjAoekpzH3dptVNr', 50],
    ['1QKVV9BHmZNJkMCUNyssYX1BimzXZ72dQP', 125],
    ['1NV8i5tQGysjogJZcZ2mAQkf6NsT4ccw2Q', 100],
    ['19oR5xAYaASPtPxgaV3BuQTCn7Dh9Wrzqw', 40],
    ['17CNzobc24LRVJq3gCQd9QnWLdpDCoXxNU', 20],
    ['1582JDAsVa7Az7Y6EDQF8GKMV6mg1P45Cd', 100],
    ['1Gky6cMJbc2cnVeN3XRneEnrf2AkbLKxZ5', 27],
    ['1LBYhr4Nqjk2fRYmmbsgqd5bu5ZmfJhFot', 17],
    ['1KrgjdHmwmVcEWjjeucbsy4EZKQeegGVPx', 10],
    ['1B2hyCyBMoxTfCmdkMGEmHBd6RjC6H3QoS', 10],
    ['18Efa3oHTiiVp3DUo1PZqZk5E1wvfvTWRM', 8],
    ['1GSpia2fLLu9BqWeTq1je7o4HnTdBVWRAD', 34],
    ['1jm7dK6WVtLYLvwZ3tj8spUUgtgZTyPSR', 40],
    ['1PkNeHAtxzojKWxDphiEhQxP6xzbGGXiv3', 100],
    ['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 752],
]

result = []

total = 0
wanted = tickets[0][1] * 2
index = 0
for i in range(1,len(tickets)):
    total += tickets[i][1]
    while (total >= wanted):
        print (tickets[index][0], wanted)
        total = total - wanted
        index = index +1
        wanted = tickets[index][1] * 2
print(str(wanted - total) + " cents to go for next double")

Title: Re: Double Trouble 2 Small edition: first one gets 0.05 btc free! Double your money!
Post by: bitcoinlottery on June 04, 2011, 10:50:02 PM

You can still get 0.05 btc!

Title: Re: Double Trouble 2 Small edition: first one gets 0.05 btc free! Double your money!
Post by: chris200x9 on June 05, 2011, 01:38:55 AM

im in this one, the other one was too rich

Title: Re: Double Trouble 2 Small edition: first one gets 0.05 btc free! Double your money!
Post by: bitcoinlottery on June 05, 2011, 05:53:40 AM

The first two doubled their money! (And the first got a 0.05 btc bonus!)

Title: Re: Double Trouble 2 Small edition! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 07:02:10 AM

The third doubled his money!

Title: Re: Double Trouble 2 Small edition! Double your money within 7 days!
Post by: herbertfilby on June 05, 2011, 07:17:06 AM

Edit: Was having trouble reloading the page, but the transaction went through and is showing up now. :)

0.41

Title: Re: Double Trouble 2 Small edition! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 07:50:10 AM

4th and 5th got double their money!

Title: Re: Double Trouble 2 Small edition! Double your money within 7 days!
Post by: herbertfilby on June 05, 2011, 09:59:51 AM

Confirmed payback :)

Up 2.51

(sorry for extra decimal, transaction fee keeps throwing me off)

Title: Re: Double Trouble 2 Small edition! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 10:11:33 AM

6th got doubled his money!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 05:18:01 PM

Added to the first post that you don't have to double: you can participate with an arbitrary amount.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 05, 2011, 05:42:54 PM

Ok I get it now. Phew! I was worried about the sustainability if that were the case ;D
Cool game. 6 days to go.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 05:58:24 PM

Quote from: herbertfilby on June 05, 2011, 05:42:54 PM

Ok I get it now. Phew! I was worried about the sustainability if that were the case ;D
Cool game. 6 days to go.

=)
7 days actually, since it is 7 days since the last ;)

Title: Re: Double Trouble 2 Small edition: first one gets 0.05 btc free! Double your money!
Post by: chris200x9 on June 05, 2011, 05:58:51 PM

Quote from: chris200x9 on June 05, 2011, 01:38:55 AM

im in this one, the other one was too rich

My contribution 0.1 is not showing up? Sent last night.

Title: Re: Double Trouble 2 Small edition: first one gets 0.05 btc free! Double your money!
Post by: bitcoinlottery on June 05, 2011, 06:03:00 PM

Quote from: chris200x9 on June 05, 2011, 05:58:51 PM

Quote from: chris200x9 on June 05, 2011, 01:38:55 AM

im in this one, the other one was too rich

My contribution 0.1 is not showing up? Sent last night.

I don't see it here http://blockexplorer.com/address/1L5XmYTMvJ5chaMoYRybX6grpMGVYhbJcn
Does your client say it is confirmed?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: chris200x9 on June 05, 2011, 06:05:14 PM

I used mybitcoin.com - it shows up in my history

edit: I'm not trying to get money out of you, I'm just trying to find out what happend.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: jimbo77 on June 05, 2011, 06:19:32 PM

Quote from: chris200x9 on June 05, 2011, 06:05:14 PM

I used mybitcoin.com - it shows up in my history

it came from 1CBvDM2M37ExZjWjJDKEED7c9KGNEHY46k (I mean should have came from)

edit: I'm not trying to get money out of you, I'm just trying to find out what happend.

I don't think it works with mybitcoin. I think you have to use Bitcoin.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 06:21:21 PM

Quote from: chris200x9 on June 05, 2011, 06:05:14 PM

Please don't use an ewallet, the adress it sends from isn't one you can get money on.
Do you think you were 1EnvHJgQh7WGPpnL686RDQFW6FEeznTbkB?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: chris200x9 on June 05, 2011, 07:01:06 PM

I have no clue, like I said it's no big deal I was just wondering what was going on.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: lemonginger on June 05, 2011, 07:30:23 PM

what happens if two people send the same amount to double the one before them?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 08:24:05 PM

Quote from: lemonginger on June 05, 2011, 07:30:23 PM

what happens if two people send the same amount to double the one before them?

What do you mean exactly?
If three entries are for example:

1
2
2

the first one gets 2 first, the second one has to wait on 2 more (because he should get 4). Or:

1
1
1

first one gets 2, the second and third have to wait.

Does this explain it to you?
It simply shifts to the next if there is enough money to pay the previous double the amount back.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 08:40:49 PM

I think next time (at the end of this game, at least 7 days from now on) I will anounce when exactly the game begins (in UTC). Then everybody can play about the same time 8)...

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: lemonginger on June 05, 2011, 09:59:55 PM

ahhh, i thought it had to be the very next person contributed exactly double or else you were screwed

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 05, 2011, 10:28:03 PM

Hah, yeah that's what I was thinking, and I figured that in 4-5 rounds, people would give up because the next level was going to be astronomical haha. Thanks for clarifying.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 05, 2011, 10:40:15 PM

Quote from: lemonginger on June 05, 2011, 09:59:55 PM

ahhh, i thought it had to be the very next person contributed exactly double or else you were screwed

No, fortunately not ;).

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 05, 2011, 11:35:11 PM

Added 0.5 to keep it going.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 05:46:20 AM

7th got double his money!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 06:17:13 AM

made a python script for this:

Code:

tickets = [
    ['1EPd8DM5vQ3UvQY6Yr4bcYk13a4XsBnwz3', 5],
    ['1EnvHJgQh7WGPpnL686RDQFW6FEeznTbkB', 10],
    ['1tqwh6iBYk7F7gcVQ7PKuamf1PR4QgbgF', 20],
    ['1HvsWwqqtc775XM2iYHjAoekpzH3dptVNr', 41],
    ['1JosHcP8sVeBCdonMDSaZfS6cb9Ub46cmJ', 40],
    ['1FZ8tW5wjh1EDFsztSQYtpkxsa1C79GvZX', 125],
    ['1DpL7b8XBE7N2FecL6GGMtSRVUyBKC6Rd3', 251],
    ['16Uox1JKSqfe5LpWpm5TVVqdCcqBiybfgP', 5],
    ['19xRS9cz3m8YXnf83eWe2vHRL1skgixJre', 20],
    ['1FdtJayHR5qWJ67RAhGDjgedVKjFSHSKad', 75],
    ['1BUN1vb6r6fz1peafNrptCtMuRwVq8aNKo', 5],
    ['1AiqDfTWsT2wiu9JqgFJaCYpJZ5XBMGRPy', 50],
    ['12DnFV5JeeD8oBeVd17hkqZCaAnKzWeoNp', 15],
    ['17r7ALUqoKQ3d8MpQ8QBTfqiEoQMiztRDh', 20],
    ['1HvsWwqqtc775XM2iYHjAoekpzH3dptVNr', 50],
    ['1QKVV9BHmZNJkMCUNyssYX1BimzXZ72dQP', 125],
    ['1NV8i5tQGysjogJZcZ2mAQkf6NsT4ccw2Q', 100],
    ['19oR5xAYaASPtPxgaV3BuQTCn7Dh9Wrzqw', 40]
]

result = []

total = 0
wanted = tickets[0][1] * 2
index = 0
for i in range(1,len(tickets)):
    total += tickets[i][1]
    if (total >= wanted):
        print (tickets[index][0], wanted)
        total = total-wanted
        index = index +1
        wanted = tickets[index][1] * 2

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 06:33:37 AM

8 doubled!
Can 19oR5xAYaASPtPxgaV3BuQTCn7Dh9Wrzqw please send back the money? I did send 0.890 instead of 0.089 and to the wrong one...

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 06, 2011, 10:52:03 AM

* Sent .89 back to you :)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 10:54:15 AM

Quote from: herbertfilby on June 06, 2011, 10:52:03 AM

* Sent .89 back to you :)

Ah, thank you! =)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: jigj119 on June 06, 2011, 02:44:00 PM

Still hoping to get a payout on what I contributed. Are we allowed to play more than once?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 06, 2011, 04:09:05 PM

I don't see why not.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 04:13:16 PM

Quote from: jigj119 on June 06, 2011, 02:44:00 PM

Still hoping to get a payout on what I contributed. Are we allowed to play more than once?

Yes you are =). Actually, it can be part of your strategy...

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 04:17:57 PM

9th double!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: IIOII on June 06, 2011, 04:49:05 PM

An interesting game - maybe I'll give it a try on the 2nd run.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: obekt on June 06, 2011, 05:32:04 PM

Very interesting game.
I am in with 0.27 :)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 07:37:03 PM

Just 0.08 btc to go for the next one!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 06, 2011, 07:45:33 PM

0.08 sent.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 06, 2011, 07:50:52 PM

are you manually paying out or have you worked it out to programmatically pay out?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: obekt on June 06, 2011, 08:14:42 PM

Do I have to post here every transaction, every ammount if I play more than once ?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 06, 2011, 08:22:17 PM

Quote from: obekt on June 06, 2011, 08:14:42 PM

Do I have to post here every transaction, every ammount if I play more than once ?

Each transaction would be a different entry. You aren't going to double your total contribution per se...

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 08:24:57 PM

10 and 11 payed!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 08:26:15 PM

Quote from: hawks5999 on June 06, 2011, 07:50:52 PM

are you manually paying out or have you worked it out to programmatically pay out?

I have a python script to see who gets what (see first post) and manualyl paying out.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 08:27:13 PM

Quote from: obekt on June 06, 2011, 08:14:42 PM

Do I have to post here every transaction, every ammount if I play more than once ?

No, it just goes to this page: http://blockexplorer.com/address/1L5XmYTMvJ5chaMoYRybX6grpMGVYhbJcn

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 06, 2011, 08:54:13 PM

Ah. Gotit. Didn't scroll on the code block.

Fun concept. Charles Ponzi would be proud ;D

So besides the 1%, I didn't see the fees enumerated anywhere.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 09:06:15 PM

Quote from: hawks5999 on June 06, 2011, 08:54:13 PM

So besides the 1%, I didn't see the fees enumerated anywhere.

What do you mean exactly?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 09:22:39 PM

12-19 payed by big 7.529 contribution!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 06, 2011, 09:26:37 PM

Quote from: bitcoinlottery on June 04, 2011, 10:36:12 PM

- Excluding transaction fee and 1% fee

maybe it's my own ignorance of the system asking....

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 06, 2011, 09:35:34 PM

Quote from: hawks5999 on June 06, 2011, 09:26:37 PM

Quote from: bitcoinlottery on June 04, 2011, 10:36:12 PM

- Excluding transaction fee and 1% fee

maybe it's my own ignorance of the system asking....

The amount what you get is calculated by this formula:

a = doubleamount - 0.01 * doubleamount - transactionfee

so doubleamount minus 1% fee and transaction fee (usually 0.01, sometimes 0.02) of bitcoin.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: obekt on June 06, 2011, 10:04:21 PM

Quote from: bitcoinlottery on June 06, 2011, 09:22:39 PM

12-19 payed by big 7.529 contribution!

go go all in ! :o

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Matten on June 06, 2011, 10:07:59 PM

Played with 0,2 BTC and confirm receipt of 0,376.

WTG, nice game :-)

Edit says: receipt

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Ookami on June 06, 2011, 10:13:30 PM

yay, the 7,5btc guy payed the beer I'm drinking right now ^^ thx

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 07, 2011, 01:08:16 AM

I think the stakes in this game just got a whole lot more interesting. 5 and 4 btc added

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: NiLO on June 07, 2011, 01:32:24 AM

An interesting game
I'm in :D

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: obekt on June 07, 2011, 05:18:36 AM

Quote from: herbertfilby on June 07, 2011, 01:08:16 AM

I think the stakes in this game just got a whole lot more interesting. 5 and 4 btc added

Cool. So now it's my turn to get paid. I have several unpaid entries before 7.529 doubles 8)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: billyjoeallen on June 07, 2011, 05:20:46 AM

I doubled my money anyway. i bought in at 9$/BTC and then it went up to 18.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 07, 2011, 05:53:40 AM

Quote from: billyjoeallen on June 07, 2011, 05:20:46 AM

I doubled my money anyway. i bought in at 9$/BTC and then it went up to 18.

If you double your BTC count you are effectively 4x'ing your investment.
Of course you have to "cash" out at some point and then you go back into fiat which is losing it's value.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 07, 2011, 07:47:52 AM

Big doubles!
20 - 29!
Even the 7.5 btc is doubled!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 07, 2011, 08:48:37 AM

30-31!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Jimmy2011 on June 07, 2011, 11:14:12 AM

Quote from: bitcoinlottery on June 05, 2011, 08:40:49 PM

I think next time (at the end of this game, at least 7 days from now on) I will anounce when exactly the game begins (in UTC). Then everybody can play about the same time 8)...

I think everybody should have an equal time period, or we can say each bet has the same lifetime, for example 7 days or 3 days. So if I bet at Monday this week, the life of this bet will be ends at the next Monday, during the lifetime, the owner of the bet has opportunity to win his/her double. The lifetime parameter is one key parameter of the game, of course it can be adjusted to a relatively fixed time as the game goes on day by day. After the change, the game is endless and each bet has the same lifetime.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 07, 2011, 12:02:23 PM

Quote from: Jimmy2011 on June 07, 2011, 11:14:12 AM

Quote from: bitcoinlottery on June 05, 2011, 08:40:49 PM

I think next time (at the end of this game, at least 7 days from now on) I will anounce when exactly the game begins (in UTC). Then everybody can play about the same time 8)...

Good idea! I will think about that.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: billyjoeallen on June 07, 2011, 12:12:28 PM

Quote from: hawks5999 on June 07, 2011, 05:53:40 AM

Quote from: billyjoeallen on June 07, 2011, 05:20:46 AM

I doubled my money anyway. i bought in at 9$/BTC and then it went up to 18.

If you double your BTC count you are effectively 4x'ing your investment.
Of course you have to "cash" out at some point and then you go back into fiat which is losing it's value.

Good point. I'm not planning on cashing out, so I guess you could say I got my money at half price.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 07, 2011, 01:55:10 PM

Quote from: Ookami on June 06, 2011, 10:13:30 PM

yay, the 7,5btc guy payed the beer I'm drinking right now ^^ thx

You're welcome!

Double Trouble 2 works!

http://i52.tinypic.com/1zwow14.png

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 07, 2011, 03:02:38 PM

So where are we in the list? I've completely lost track haha.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Ookami on June 07, 2011, 03:27:26 PM

I hope this game doesn't change next round *g* Wouldn't make half as much sense if it becomes an endless game.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 07, 2011, 03:40:50 PM

Quote from: herbertfilby on June 07, 2011, 03:02:38 PM

So where are we in the list? I've completely lost track haha.

We are trying to fill the first $5 submission after the $7.5

997 cents to go for next double

http://www.skulpt.org/ has an online Python processor where you can drop the code and add in received amounts and see where we are.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 07, 2011, 03:43:27 PM

Quote from: Ookami on June 07, 2011, 03:27:26 PM

I hope this game doesn't change next round *g* Wouldn't make half as much sense if it becomes an endless game.

Yeah, there is no game involved in an endless process. Perhaps the game mechanics will only become clear to players as we approach the end of 7 days.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 07, 2011, 05:38:30 PM

Just added 1.

As for endgame, yeah, I think it ends when the stakes get too high and people aren't willing to put in anymore. The nice thing about this particular version is that you don't need to double down every time, but it does make getting payouts slower unless we get some bigger bets.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 07, 2011, 06:35:17 PM

The other nice thing is that it starts again in 7 days. I think the next time through there will be more dynamics at play as people understand the mechanics more.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 07, 2011, 10:52:24 PM

I've been playing with some of the numbers so far and it's kind of interesting:

So far:

Amount Sent: 43.87 BTC
Amount Paid: 42.74 BTC
Average Sent: .93 BTC
Median Sent: .27 BTC
Time from First Sent to Second Sent: 1 hour
Time from First Sent to Last Sent: 67 hours
Time since Last Sent: 5 hours
Time from First Sent to First Paid: 5.5 hours
Time since Last Paid: 16 hours

8.92 BTC to go for next double

and a side note: mt gox at 20.36

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Justsomeforumuser on June 08, 2011, 12:11:59 AM

ITT: Moar egyptian slaves, building pyramids.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 08, 2011, 12:29:32 AM

Indeed

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 08, 2011, 01:46:03 AM

Quote from: hawks5999 on June 07, 2011, 03:40:50 PM

Quote from: herbertfilby on June 07, 2011, 03:02:38 PM

So where are we in the list? I've completely lost track haha.

Where are we at?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 08, 2011, 03:58:25 AM

8.92 BTC in gets you your 10 BTC out.

Then 8 BTC in gets the 4 BTC out after you.

Then it's .2, 10, .4, 6, 4, 2, 1.36, .18, .4, .1, 2 to get the rest out.

At that point it's 17.84 to get out the 8.92 in to get your 10 out. Then 16, .4, 20, .8, 12, 8, 4...

See how that works?

The better game right now is on mt. gox though, I think. We may be seeing double on there in under 7 days. Probably thanks to Senator Schumer.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 08, 2011, 04:27:29 AM

Ooh, I thought we were only a few cents away.
There were so many transactions, I didn't know if something got missed like earlier.

Makes sense, thanks! I'll probably contribute more just to keep the pyramid stable for a bit longer. No need to be greedy ;D

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 08, 2011, 09:04:16 AM

Quote from: Ookami on June 07, 2011, 03:27:26 PM

I hope this game doesn't change next round *g* Wouldn't make half as much sense if it becomes an endless game.

I am still thinking about it. Why wouldn't it make sense?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Ookami on June 08, 2011, 10:34:37 AM

Because this game lives off people who want to make quick money. Giving constant interest in the game the time to double the money will increase. In that scenario it will reach the max ttl for each bid at which point half the people will have nothing (they won't have anyway even with the current design, but the winners will be another group). At that point people should lose interest and the game will die as even more people lose.
Remember, this is a ponzi scheme and those *are* not sustainable.
The only reason to want a change to the current system is the hope to beat the flaws which is just not possible.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 08, 2011, 01:12:31 PM

Quote from: Ookami on June 08, 2011, 10:34:37 AM

No, the people would in the continious game have lives, so they bet on "will it be doubled within 7 (or less) days?" and if it did not, the ticket is gone (but not the rest of the money, that still stays in the game). I think that's nice.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 08, 2011, 03:38:26 PM

"Lives" are an interesting twist. I'd be curious to see how that works. However, as is pointed out, this is a pure ponzi and it only takes a significantly large entrant to kill the game. As we see right now, a 5, 4, 5 entrance has dried up entries. Partly because the exchange has doubled since the start but mostly because the average entrant is <1 BTC. People entering now with an average entrant have little hope of getting double out since 28 BTC needs to be paid just to move on to payout .05 and .5 entrants.

I think a change in the mechanics that would keep it running is to cap entrants to <1 BTC. Of course that number might diminish each week as exchanges rise.

No doubt that you will do well from this @bitcoinlottery but you'll likely do better by capping and keeping this a small stakes venture. 100 people putting in .5 will do you better than 3 putting in 5. In the end, you will walk away with unclaimed funds. I just think your take and the longevitiy will be better in a small stakes game.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 08, 2011, 05:20:20 PM

I think with the fast pace of the Internet, cutting the expiration date for a bet down to, maybe 1-3 days would work even better.

When your bid expires, it redistributes the pyramid and makes it sustainable longer since it has more cash to play with now. I wouldn't know the exact game rules as to how this would get distributed, but just an idea :)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: rx5yt on June 08, 2011, 06:48:32 PM

im confused. how does this all work. can i use a normal bitcoin client

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 08, 2011, 06:56:37 PM

The steps are in the first post.

Essentially, send an amount you want doubled to the address given in the first post from your BitCoin client.

Your money is doubled in order of money sent. So if someone is waiting for money to double before you, they will get doubled before you do. Payouts occur as others send money in to meet the doubling requirements of the next person awaiting payout.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: rx5yt on June 08, 2011, 07:06:57 PM

ohhh i get it. i would love to do this but my client isnt opening for some reason. i havnt been able to open it liek all morning

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: rx5yt on June 08, 2011, 08:24:52 PM

is anyone still playing. it says on that site that there hasnt been an entry in 2 days

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Nachtwind on June 08, 2011, 08:50:17 PM

i entered (my first) 0,05 today ,0)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 08, 2011, 09:05:38 PM

Quote from: rx5yt on June 08, 2011, 08:24:52 PM

is anyone still playing. it says on that site that there hasnt been an entry in 2 days

There were 4 entrants today. Remember the time is in UTC

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 09, 2011, 03:09:23 AM

Just added another BTC.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: krackajak on June 09, 2011, 05:28:50 AM

I sent in .09 like 2 days ago and haven't gotten anything....

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 09, 2011, 09:51:49 AM

6.75 btc to go for next double!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitcoinlottery on June 09, 2011, 09:54:35 AM

Quote from: krackajak on June 09, 2011, 05:28:50 AM

I sent in .09 like 2 days ago and haven't gotten anything....

That's the game ;). First you pay for others to double, and then you can get double your money back.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 09, 2011, 10:48:41 AM

Quote from: bitcoinlottery on June 09, 2011, 09:51:49 AM

6.75 btc to go for next double!

Since it's my bet that everyone is waiting on, I put up the 6.75 just so people who were waiting will have a chance.

The show must go on.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 09, 2011, 05:45:40 PM

Quote from: herbertfilby on June 09, 2011, 10:48:41 AM

Quote from: bitcoinlottery on June 09, 2011, 09:51:49 AM

6.75 btc to go for next double!

Since it's my bet that everyone is waiting on, I put up the 6.75 just so people who were waiting will have a chance.

The show must go on.

And therein lies a strategy. If you have a big bet in, it sometimes makes sense to fulfill your own requirements. Bet 7.52, put in an additional 6.68 when it gets down. Your bets are now 14.20 but you are getting 15.04 back. It's not actually a double unless someone pays out your second bet (or in my case I broke it down into smaller bets to increase chances of payout). However it is a net gain of .84 which at the current rate is about US$25.

The key though is to wait until what's required to release your first bet is less than the first bet. Otherwise you have a net loss.

Even though it's a simple ponzi game, there are several strategies for maximizing your output.

Of course, the runner of the game has the best output. House ALWAYS wins :D

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 09, 2011, 06:24:59 PM

Yep, I just wanted to get past my huge bet to get back to the nickle and dime bets that people put in. I realize I'm at a loss, but my earlier gains in the game even it out :)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: xXTechmanXx on June 09, 2011, 07:25:16 PM

I think I will enter , too with 0.25 BTC

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: misch0ng on June 09, 2011, 07:45:03 PM

I'm in with 0.07 :)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: cletus815 on June 09, 2011, 10:52:58 PM

In for .8 BTC!

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: supercool on June 10, 2011, 03:16:42 AM

Anyone interested can join the NEW double trouble game!!!

http://forum.bitcoin.org/index.php?topic=13567.0

:)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 10, 2011, 05:15:49 AM

Now just waiting for bitcoinlottery to come back online so we can continue :P

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 10, 2011, 05:18:03 AM

Quote from: supercool on June 10, 2011, 03:16:42 AM

Anyone interested can join the NEW double trouble game!!!

superuncool.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 10, 2011, 05:49:58 AM

for anyone keeping track:
7.91 BTC to go to payout the 4 BTC entrant.

Following close behind is another 10 BTC payout requirement

Here are the entrants yet to be paid out. (the wallet id is mine. It doesn't really map to the address chain). These numbers represent bitcents, so 400 = the 4 BTC entrant.

['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 400],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 10],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 500],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 20],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 300],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 200],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 100],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 68],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 9],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 40],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 5],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 9],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 5],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 100],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 5],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 5],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 5],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 21],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 100],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 675],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 9],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 25],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 7],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 25],
['1AeCTNhF3Sovi8fkjq7Buy8sYoc2C4xoo4', 8],

FYI - at this point if no one else gets paid out - btc lottery walks away with 26.51 BTC. It's good to be the house :)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 10, 2011, 10:53:46 AM

Quote from: bitcoinlottery on June 09, 2011, 09:51:49 AM

6.75 btc to go for next double!

Any updates?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: xXTechmanXx on June 10, 2011, 06:52:35 PM

I hope my 0.25 BTC get doubled when not I will be so disappointed :(

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 10, 2011, 07:58:57 PM

bitcoinlottery is usually on in the middle of the night EST, so we should hear something tonight.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Man From The Future on June 10, 2011, 11:32:42 PM

It seems 0.25 is what everyone goes for? :o

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Man From The Future on June 12, 2011, 01:00:04 AM

Erm, bump, and is this still even up? :P

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 12, 2011, 04:18:56 AM

:D

:)

:(

???

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 12, 2011, 02:42:41 PM

Quote from: Man From The Future on June 12, 2011, 01:00:04 AM

Erm, bump, and is this still even up? :P

bitcoinlottery hasn't been on in about 2 days. Even if he paid out what he owed, he's still in profit, so don't know why he'd cut and run when there's still people playing.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 12, 2011, 09:51:35 PM

Quote from: herbertfilby on June 12, 2011, 02:42:41 PM

Quote from: Man From The Future on June 12, 2011, 01:00:04 AM

Erm, bump, and is this still even up? :P

bitcoinlottery hasn't been on in about 2 days. Even if he paid out what he owed, he's still in profit, so don't know why he'd cut and run when there's still people playing.

Did he not pay you out? I know you basically bought your winnings, but did you never get them?

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 13, 2011, 02:09:26 AM

Nope. Never got them. But they are still at that address, so at least I know he didn't buy something with them or withdraw them... Gives me hope that he'll be back sometime.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: bitjet on June 13, 2011, 03:56:32 AM

I threw a few coins this way about a week ago and got nothing. Not sure I fully understand the concept.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 13, 2011, 04:25:49 AM

It's explained through the topic, but basically whenever you put in a bet, you are placed in a queue. A person in line will get paid double once enough people after him put up enough bets to pay out double of what he invested. Then it moves to the next person in line.

As you play, it takes longer and longer to get your double just because you are hoping to get everyone else to pay for your bet. I got tired of waiting, so I put down money against myself hoping to break even and keep the game rolling so other people had a chance to play, but the guy who started the game took the weekend off. :P

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 15, 2011, 07:40:13 PM

CONSIDER THIS GAME CLOSED

bitcoinlottery hasn't been on in 5 days, and the money he owes me is just sitting there. Hopefully he didn't get hit by a bus or something. >:(

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 15, 2011, 09:06:14 PM

Quote from: herbertfilby on June 15, 2011, 07:40:13 PM

CONSIDER THIS GAME CLOSED

Hopefully he didn't get hit by a bus or something. >:(

So you can beat him yourself? :D

So the game is open sourced for all intents, I'd happily start up another round.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: herbertfilby on June 16, 2011, 12:36:44 AM

If you'd please make sure not to run off in the middle of the game, sure. Start a new topic and post the link here.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: tysat on June 16, 2011, 06:00:29 PM

Quote from: herbertfilby on June 16, 2011, 12:36:44 AM

If you'd please make sure not to run off in the middle of the game, sure. Start a new topic and post the link here.

You inspired me last night.... forgot to put in the link to the new one I created:

http://forum.bitcoin.org/index.php?topic=17931.0

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: hawks5999 on June 17, 2011, 05:08:21 AM

Quote from: herbertfilby on June 16, 2011, 12:36:44 AM

If you'd please make sure not to run off in the middle of the game, sure. Start a new topic and post the link here.

Not going to run off Herbert - High Roller Double Trouble is here: http://forum.bitcoin.org/index.php?topic=18213.0

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Caesium on June 17, 2011, 11:19:23 AM

Seems to have slowed down a bit.. reinvested my winnings from earlier, lets keep it going guys :)

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Man From The Future on June 17, 2011, 08:24:14 PM

Quote from: Caesium on June 17, 2011, 11:19:23 AM

Seems to have slowed down a bit.. reinvested my winnings from earlier, lets keep it going guys :)

eek... read the end of thread first? :(

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: pokermon919 on June 17, 2011, 08:33:16 PM

Quote from: Man From The Future on June 17, 2011, 08:24:14 PM

Quote from: Caesium on June 17, 2011, 11:19:23 AM

Seems to have slowed down a bit.. reinvested my winnings from earlier, lets keep it going guys :)

eek... read the end of thread first? :(

yea that's a shame.. But check out http://forum.bitcoin.org/index.php?topic=18213.0
The operator is very on top of things and all the players are quite chatty in the google doc chat box.

Title: Re: Double Trouble 2! Double your money within 7 days!
Post by: Longmarch on June 17, 2011, 08:38:32 PM

Quote from: pokermon919 on June 17, 2011, 08:33:16 PM

yea that's a shame.. But check out http://forum.bitcoin.org/index.php?topic=18213.0
The operator is very on top of things and all the players are quite chatty in the google doc chat box.

edit: derp nevermind

Bitcoin Forum

Economy => Marketplace => Topic started by: bitcoinlottery on June 04, 2011, 10:36:12 PM