Bitcoin Forum

An easy to play game that is fun to follow along using our network game interface!


How to play this simple and fun game:

• Send your wager to our pool address and wait for the bitcoin network to mine the predetermined game block.
• The first public key of each valid wager is compared to the block hash of the game block.
• Our system pays out the pool to the public key that best matches that block hash!

Basics of the game:

1. What is a valid wager?

Any transaction sending .001 BTC to our pool address and having one confirmation by the time the game block is mined, is considered a valid wager.
Multiple wagers from the same public key will not increase the odds of that public key winning.
You must wager from an address which you control and which you can receive your winnings to.
Wagers less than the minimum amount are not considered valid but the funds are added to the pot.

2. How is the winner determined?

The first public key of a valid wager transaction will be compared to the game block blockhash. Each of the last 27 characters of your public key is compared versus all digits in the block hash in Base58 encoding. Each time one of those 27 characters from your public shows up in the Base58 version of the blockhash your public key gets gets one point. The public key with the most points is the winner.
Pots will be split among the winners if there are multiple keys with the same score.

3. Payouts

Our system will send all of the funds in the pool less the house take of 5% to the winner(s) public key. It is very important the anyone playing our game control the key that they are sending their wagers from, as payouts will be sent to that key.
Additionally each non-winning address sending a valid wager to our system will receive back .0001 BTC as a confirmation of receipt of the wager.

Payout transactions will be sent to the network immediately following the issuance of the game block.




Current games:

Our system is playing games every block number ending in zero.

***UPDATE***

Follow out game LIVE using our network game interface at http://blockbets.com/play.php (http://blockbets.com/play.php)

Send valid wager transactions to our public key for your chance to win:
1bkbetE3dz2zcXfgKUjWuvKmSYC5KdZkz

reserved

Open source data and algorithmic payouts ensure integrity. Glad to see another new provable fair operation coming to light. best of luck in your venture

checked and watched. :)

I'm in there. Waiting for start now !   :P

Reserved.

pretty cool looking. will check it out

Reserved!

btcblockbet.com is that you? ;)

interesting gambling game. watching this :)

We are not affiliated with btcblockbet.com in any way.

We posted a very short article on reddit today as well.

It outlines why Bitcoin may be a great benefit for the gaming industry as a whole.

http://www.reddit.com/r/Bitcoin/comments/1r5e4q/provably_fair_games_one_of_the_biggest_advantages/

Can Bitcoin help the tarnished image of online gaming?

We think so!

Great graphics. Good luck

BLOCKBETS.COM Announces Seeded Jackpot!

Blockbets.com is hosting a seeded jackpot game for internal testing and early players!


We are holding a seeded jackpot this evening for testing early players. Our house players will be adding extra BTC funds to the pot for anyone who has early access to the public key!

The targeted "payout block" will be at approximately 1AM Eastern Time.

Signup at blockbets.com to get notification for rules and the public key to play!

Block game details are available to those who signup to our mailing list.

The next payout block number is:

271,060

All valid wagers with 1 confirmation by that block number have a chance to win the pot.

One of the players will win the entire seeded jackpot!

Signup for the public key and wagering information at http://blockbets.com

I don't understand....i signed up a few Days ago but i got nth else than a Newsletter subscription....The Game is already running? How do i enter? Or am i completely wrong and don't see the light?

Nah, you're not alone... That's all I got and all the links on the page are dead. What gives?

Hello and thanks everyone for their interest.

We currently have a seeding jackpot in our pool address which is available to those who sign up for our mailing list.

Our system is currently playing games every block ending in 0.

The next game with the seeded jackpot will be played on block 271070

Sign up to our newsletter to get our public key at http://blockbets.com


Best of luck to all players in the seeded jackpot!

Due to requests such as those above and the successful testing of our payout system we are pleased to announce the release of our public address for wagering.

Please read the rules posted at the top of this thread for more information and the address.

Best of luck to everyone!

Thanks a lot!  You should check out our new game page that lets you follow the game LIVE on the Bitcoin network.

Visit:
http://blockbets.com/play.php (http://blockbets.com/play.php)

I agree that provably fair gambling is completely changing how people think about online gambling. I have written an article (http://bitcoinreviewer.com/provably-fair/) about what it is and how it is very important.

Thanks for supporting provably fair gaming!

Announcing an update to our live game UI for the Bitcoin network and an updated game description on our website.

Visit http://blockbets.com (http://blockbets.com) to see and learn more!