Bitcoin Forum

Economy => Gambling => Topic started by: Fray on November 20, 2012, 04:41:47 AM



Title: I will gamble on SatoshiDice with your Bitcoins
Post by: Fray on November 20, 2012, 04:41:47 AM
I will gamble on SatoshiDice with your Bitcoins for a small fee.  I have the finest of good luck charms to aid me.  For a limited time the fee will be 7%.  Minimum is 10 BTC.  Please send bitcoins here :  15e8kmHQsGE26xdmqH1BAEMrzd35BtJiSm
Winnings will be sent to the depositing account.  Hurry and send your Bitcoins to take advantage of the introductory rate.


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: DeathAndTaxes on November 20, 2012, 04:54:04 AM
How about I ask you to gamble with 100 BTC.  You use your own funds and if you win you deduct your 7% fee and send the rest of my winning here:  1DGoNStqQoGVyf1CvYApNedoPao8yNMfzF
If you lose my 100 BTC I am sure you can just forgive it right given your luck is so good that you should be able to win it back in no time.


Note: my offer is only slightly stupider than the OPs.


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: DeathAndTaxes on November 20, 2012, 05:12:09 AM
Sorry my post was directed to the OP.  Without the "finest of good luck charms" the whole deal just falls apart.


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: dooglus on November 21, 2012, 02:15:48 AM
I will gamble on SatoshiDice with your Bitcoins for a small fee.  I have the finest of good luck charms to aid me.  For a limited time the fee will be 7%.  Minimum is 10 BTC.  Please send bitcoins here :  15e8kmHQsGE26xdmqH1BAEMrzd35BtJiSm
Winnings will be sent to the depositing account.  Hurry and send your Bitcoins to take advantage of the introductory rate.

This has been suggested before.  Last time the guy was asking to keep 25% of the profits!  I undercut him, asking for just 5%, and got the job.  I won (https://bitcointalk.org/index.php?topic=105600.msg1277014#msg1277014) the guy 0.41 BTC and kept 0.02 BTC for myself. :)

I enjoyed doing it, so for a limited period I'm offering the service for free.  That's right, I'll take a 0% cut of any winnings.

Tell me how you want me to play (how much risk, how much you want to win, or any other parameters you like) and I'll do my best.  Post here and I'll give you a deposit address to use.


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: Yuhfhrh on November 21, 2012, 02:31:14 PM
I will gamble on SatoshiDice with your Bitcoins for a small fee.  I have the finest of good luck charms to aid me.  For a limited time the fee will be 7%.  Minimum is 10 BTC.  Please send bitcoins here :  15e8kmHQsGE26xdmqH1BAEMrzd35BtJiSm
Winnings will be sent to the depositing account.  Hurry and send your Bitcoins to take advantage of the introductory rate.

This has been suggested before.  Last time the guy was asking to keep 25% of the profits!  I undercut him, asking for just 5%, and got the job.  I won (https://bitcointalk.org/index.php?topic=105600.msg1277014#msg1277014) the guy 0.41 BTC and kept 0.02 BTC for myself. :)

I enjoyed doing it, so for a limited period I'm offering the service for free.  That's right, I'll take a 0% cut of any winnings.

Tell me how you want me to play (how much risk, how much you want to win, or any other parameters you like) and I'll do my best.  Post here and I'll give you a deposit address to use.

I wish to take you up on this. I will wager 1 bitcoin, and aim for 1.5 return. I demand, however, that you take 5% of any return.

I'll do it. 16exchJU1UCJcSkNEyBxzZfbZpA4189Bmt


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: RodeoX on November 21, 2012, 02:52:12 PM
How much do I get when you loose it all?  :)


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: Yuhfhrh on November 21, 2012, 03:24:21 PM
I will gamble on SatoshiDice with your Bitcoins for a small fee.  I have the finest of good luck charms to aid me.  For a limited time the fee will be 7%.  Minimum is 10 BTC.  Please send bitcoins here :  15e8kmHQsGE26xdmqH1BAEMrzd35BtJiSm
Winnings will be sent to the depositing account.  Hurry and send your Bitcoins to take advantage of the introductory rate.

This has been suggested before.  Last time the guy was asking to keep 25% of the profits!  I undercut him, asking for just 5%, and got the job.  I won (https://bitcointalk.org/index.php?topic=105600.msg1277014#msg1277014) the guy 0.41 BTC and kept 0.02 BTC for myself. :)

I enjoyed doing it, so for a limited period I'm offering the service for free.  That's right, I'll take a 0% cut of any winnings.

Tell me how you want me to play (how much risk, how much you want to win, or any other parameters you like) and I'll do my best.  Post here and I'll give you a deposit address to use.

I wish to take you up on this. I will wager 1 bitcoin, and aim for 1.5 return. I demand, however, that you take 5% of any return.

I'll do it. 16exchJU1UCJcSkNEyBxzZfbZpA4189Bmt
Appreciated, but I am only in this for doog's special brand of numerical wizardry.

Understood.  (I guarantee him and I have the same chances.  :D)


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: dooglus on November 21, 2012, 04:54:55 PM
I wish to take you up on this. I will wager 1 bitcoin, and aim for 1.5 return. I demand, however, that you take 5% of any return.

Well alright!

1ENhPicE9pA79aXVacrZBzLjWRv4e7MTNr

It's the same address I used last time.

Edit: last time (see my previous link) I posted transaction IDs before sending the bets so the guy could see that I wasn't cheating him.  It's kind of a pain to create the transactions offline and post their IDs, but I can if you like.  Let me know.


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: Fray on November 21, 2012, 06:38:58 PM
The next three to join will receive the introductory offer.  A very small 7% fee on winnings.  15e8kmHQsGE26xdmqH1BAEMrzd35BtJiSm


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: dooglus on November 22, 2012, 02:01:06 AM
Sent: cd5ba2fe364df234014b58b4cb0f3fa637de28a8458cc75809361613e7a6cc77
No need for txids first, after-action is perfect. Strategy and loss-limit choices are entirely yours. I have faith in the dooglus.
Good luck!

Received.

Here's my thoughts on how best to get you the return you asked for:

These are the relevant available bets:

Code:
lessthan 64000	1dice9wVtrKZTBbAZqz1XiTmboYyvpD3t 	97.6563%	1.004x	1.900%	98.100%	0.0010	250.0000
lessthan 60000 1diceDCd27Cc22HV3qPNZKwGnZ8QwhLTc 91.5527% 1.071x 1.900% 98.100% 0.0010 250.0000
lessthan 56000 1dicegEArYHgbwQZhvr5G9Ah2s7SFuW1y 85.4492% 1.147x 1.900% 98.100% 0.0010 250.0000
lessthan 52000 1dicec9k7KpmQaA8Uc8aCCxfWnwEWzpXE 79.3457% 1.235x 1.900% 98.100% 0.0010 250.0000
lessthan 48000 1dice9wcMu5hLF4g81u8nioL5mmSHTApw 73.2422% 1.338x 1.900% 98.100% 0.0010 250.0000
lessthan 32768 1dice97ECuByXAvqXpaYzSaQuPVvrtmz6 50.0000% 1.957x 1.900% 98.100% 0.0010 250.0000
lessthan 32000 1dice8EMZmqKvrGE4Qc9bUFf9PX3xaYDp 48.8281% 2.004x 1.900% 98.100% 0.0010 250.0000

We want a 50% return.

So 2 possibilities seem to be:

1) Play "lessthan 52000" twice

We have a 63.0% chance of winning 52.2 bitcents:

Code:
>>> (float(52000) / 65536) ** 2
0.6295740604400635
>>> 1.235 * 1.235
1.525225

2) play "lessthan 56000" three times

We have a 62.4% chance of winning 50.9 bitcents:

Code:
>>> (float(56000) / 65536) ** 3
0.6239133654162288
>>> 1.147 * 1.147 * 1.147
1.509003523

The first option has a slightly higher chance of winning, and a slightly higher payout too, so that's what I'll do.


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: dooglus on November 22, 2012, 02:04:18 AM
First bet:

To: satoshidice lessthan 52000 1dicec9k7KpmQaA8Uc8aCCxfWnwEWzpXE
Debit: -1.00 BTC
Net amount: -1.00 BTC
Transaction ID: efd324da2866659ed3266efd504fc5858a5592bad798470e941c79703fe9887b

It won:

Credit: 1.2345603 BTC
Net amount: +1.2345603 BTC
Transaction ID: 2b41d4be73d9974f6634ba25debc90fc4aa54197a04a1aba7dc4ea158bbfcd1c

1.23456 BTC - that looks like a lucky number to me!  ;)

https://i.imgur.com/ePou4.png

So onwards...


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: dooglus on November 22, 2012, 02:10:59 AM
I only bet 1.23456 on the 2nd bet, for luck.  I kept the ugly 30 extra satoshis back.

To: satoshidice lessthan 52000 1dicec9k7KpmQaA8Uc8aCCxfWnwEWzpXE
Debit: -1.23456 BTC
Net amount: -1.23456 BTC
Transaction ID: fb57d4ca861119576ad687f92f2600d083332ef7a1651b3ae47d627ac6d5f3fe

We won again: :)

Credit: 1.52425605 BTC
Net amount: +1.52425605 BTC
Transaction ID: 265da2854d0661c1845eaf47bc387cf299c24c43a5d10ed83c1bee97da89bbb8

https://i.imgur.com/aawrv.png

So overall the profit is 0.52425635 BTC, which after my 5% commission means I owe you 1.49804353 BTC:

Code:
>>> 1.52425605 - 1.23456 + 1.2345603 - 1
0.52425635
>>> 0.52425635 * 0.95 + 1
1.49804353

Shall I send it to one of the hundred or so addresses (http://blockchain.info/tx-index/34041898/cd5ba2fe364df234014b58b4cb0f3fa637de28a8458cc75809361613e7a6cc77) you sent the 1 BTC from?  Or do you want it sent somewhere else?


Title: Re: I will gamble on SatoshiDice with your Bitcoins
Post by: dooglus on November 22, 2012, 02:38:13 AM
Ha! yes, that coin cost me 0.04 to send. It appears to have scraped every fraction from my entire wallet.

Let's do: 13H9T6AZZ4isALxVAhLKbHjh6Lo3GorkTH

Look at his batting record folks! The man is unstoppable! Don't pay 7% elsewhere!

Sent:

To: nomorecoin 13H9T6AZZ4isALxVAhLKbHjh6Lo3GorkTH
Debit: -1.49804353 BTC
Net amount: -1.49804353 BTC
Transaction ID: 8a36dc41fd8d81ab52e7a062c6a3a3f8fab02e9a822e30ab5b46de54c6cea78f

I didn't think about the "loss limit" you mentioned until after I'd bet your whole coin...  I think statistically speaking you're best off making a few large bets rather than lots of smaller bets, since you can expect to lose the house edge percentage of every bet you place.