So I had lost 2k rubies in 2 bets, totaling 4k in losses. I decided to verify the rolls on DiceSites.com I took the info from the bet (Bet #134138231)  Notice how the server secret shows 0. On the BetterBets.io verification page, it shows that you need to get the server secret from the moneypot verification. This is impossible, as RBIES bets are on BB's side and the rolls do not touch moneypot's API. Hovering over the "Click" for the moneypot verification, gives this url  ( https://www.moneypot.com/bets/0) which is an invalid bet. Without revealing the server secret, rolls can be manipulated! Maybe the server secret was 0...  Nope! That would give 9.14 as a roll. Please fix this BetterBets.io! My other bet which has the exact same result:  Hello, Rubies betting has not yet been integrated into dicesites.com we will have our developers take a look as well and resolve any issues that NlNico needs to show proper dicesites roll results. This is coin brand new and 3rd party verification can take some time, however we assure you no roll manipulation would ever occur on our site, it has no benefits to our future to defraud players in any way. Sorry for the confusion this may have caused. -Bjorn edit: To cut down on confusion I'll ask our devs to remove that link on the rubies betting if possible, thanks for bringing this up. Hi Folks, we're in the process of fixing this, it requires a database update on about 15M columns, which will run for about 30 minutes or so. We'll be back up as soon as this is complete and from that point on forward server secrets will be reported correctly. The blame for this is definitely on my head, I forgot to update our live database with the appropriate column change. Apologies to everybody. Rest assured, the provably fair process is alive and well and we do NOT tamper with bets in any way, shape or form. Hi, we've finished the updates on our end, but as luck would have it, Moneypot is also doing some maintenance on their systems. So while we're ready to go, until Moneypot completes their operations, we'll be putting the site in maintenance mode in order to avoid confusion and frustration caused by our site seeming to work but not really working after all. We'll be back up ASAP; thank you for your understanding in the meantime. |
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So I had lost 2k rubies in 2 bets, totaling 4k in losses. I decided to verify the rolls on DiceSites.com I took the info from the bet (Bet #134138231) Notice how the server secret shows 0. On the BetterBets.io verification page, it shows that you need to get the server secret from the moneypot verification. This is impossible, as RBIES bets are on BB's side and the rolls do not touch moneypot's API. Hovering over the "Click" for the moneypot verification, gives this url ( https://www.moneypot.com/bets/0) which is an invalid bet. Without revealing the server secret, rolls can be manipulated! Maybe the server secret was 0... Nope! That would give 9.14 as a roll. Please fix this BetterBets.io! My other bet which has the exact same result: Hello, Rubies betting has not yet been integrated into dicesites.com we will have our developers take a look as well and resolve any issues that NlNico needs to show proper dicesites roll results. This is coin brand new and 3rd party verification can take some time, however we assure you no roll manipulation would ever occur on our site, it has no benefits to our future to defraud players in any way. Sorry for the confusion this may have caused. -Bjorn edit: To cut down on confusion I'll ask our devs to remove that link on the rubies betting if possible, thanks for bringing this up. Hi Folks, we're in the process of fixing this, it requires a database update on about 15M columns, which will run for about 30 minutes or so. We'll be back up as soon as this is complete and from that point on forward server secrets will be reported correctly. The blame for this is definitely on my head, I forgot to update our live database with the appropriate column change. Apologies to everybody. Rest assured, the provably fair process is alive and well and we do NOT tamper with bets in any way, shape or form. |
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This looks like a pretty interesting proposal with great potential. I might be interested in getting a full spot. Is there a way to see better stats for the wagered of the site ? Would be nice to see some real stats so we could easily track wagered per month etc. One more question would be is the profit counted before funds are taken for promotions etc ? Or will it be counted after those calculations.
Looks like a really solid long term investment.
Hi Edmundduke as you may already know our site launched May, 2015 and we have wagered Total Bets: 134,430,007 Wagered: 32918.3705 BTC this is all verified through Moneypot.com as a trusted 2nd party. You can use this link to verify current and future income to see revenue for stakeholder dividends here: https://www.moneypot.com/full-stats.json the field you are looking for is this ""app_commissions":1120686974.27155" which is the current income from the end of December until today. As you may know Moneypot was taken over by a new team and there has been an adjustment period which we are now coming out of and running in full capacity. Stakeholders receive the full 80% of Bitcoin revenue, this is not after marketing or other costs, you get the entire 80% earned by the site and 75,000 Rubies to stake as well. There are only 34 stakeholder spots left and each is 1/40th of the 80% revenue. The money raised will allow us to build the entire ecosystem for Rubies to flourish and becomes the sole income for our site, similar to how just-dice runs on clams except we offer both BTC and Rubies betting. BetterBets is just the vehicle for delivering Rubies through wide distribution to the world, but there will be multiple businesses supporting it in the months to come. You can see on the OP of the thread the full revenue earned the past 9 months totals over 181 BTC, which Moneypot would easily verify to interested parties. Rubies volume is now "Wagered: 30218638.4358 RBIES" in just 5 days since launch, people are really enjoying them and the methods of distribution. Email us at contact@betterbets.io if anyone has any further questions. Please keep in mind that Bet-Mining Rubies is based on volume we have several players who have over 100 Rubies with a starting bankroll of 0.014 btc. Bet-Mining Rubies is purely volume based, there seems to be a misconception you have to lose 1 BTC to gain 30 Rubies this is completely not the case, we are talking volume just like people make on exchanges (similarly). Any site owners looking to add Rubies to your business please pm, or email us and we will help you get started. -Bjorn Thank you for the reply. I might give it a try, will see. The main issue holding me back right now is the rather limited bankroll that MP provides, it will be really hard to have a decent wagered at BB with such a small max profit. It could of course get better in the future if the invested grows in MP but it looks to stay the way it is for a while. It could be good if the interest in rubies grows and the price goes up, but it is really hard to grow a currency. If we make the calculations based on this years performance, we would need 3 years for a break even. This is just based on getting back the BTC. Lets just hope things pick up soon, been a damn slow year it seems. While your calculations are correct, please realize this: we had a few months of really great volume and then had some very intrusive real-life issue which sort of sidetracked us for a while. These issues have been taken care off and we're now once again ready to dedicate ourselves to BetterBets.io (as demonstrated by the launch of Rubies, which was more work than it seems on the surface) and push hard on the marketing front. If past performance is any indicator of what we're capable off, you should see top-notch volume around the corner again in the near future. Yes i understand this part, everyone can get into a slump from time to time and it seems overall wagered is down on most gambling sites. By the looks of it most volume and interests will be pushed towards developing Rubies. This could potentially mean a move away from BTC, reducing the value investors gain from BTC volume. The idea is that Rubies price will rise to compensate, but there's no guarantee it will. Making the main concern that investors gain nothing from Rubies volume, except the potential rise in price, which would motivate them to sell to get back the investment, therefore loosing their position as an investor. Kind of a forced situation. Well, consider the potential rise in Rubies value the equivalent of an insurance policy. Ideally you will get a return of your investment within 12 months (or 18 months at the latest) and then still hold a pile of rubies which will be another nice chunk of cash. P.S Added this question:
Lets say i get the 75000 Coins and after a year i want to stay for another year. I would then need to have 90000 coin right ? Does it grow gradually every year ? SO next would be 90000 + 20% ?
And the dividends would continue for as long as my Rubies bag keeps increasing or till BB closes right ?
Correct. It compounds at 20% a year. So it goes 75000 -> 90000 -> 108000 -> etc. As long as you maintain this balance, you'll be getting paid the dividends. And as we said ever since the launch of BetterBets.io: We're serious and we're here for the long run. |
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This looks like a pretty interesting proposal with great potential. I might be interested in getting a full spot. Is there a way to see better stats for the wagered of the site ? Would be nice to see some real stats so we could easily track wagered per month etc. One more question would be is the profit counted before funds are taken for promotions etc ? Or will it be counted after those calculations.
Looks like a really solid long term investment.
Hi Edmundduke as you may already know our site launched May, 2015 and we have wagered Total Bets: 134,430,007 Wagered: 32918.3705 BTC this is all verified through Moneypot.com as a trusted 2nd party. You can use this link to verify current and future income to see revenue for stakeholder dividends here: https://www.moneypot.com/full-stats.json the field you are looking for is this ""app_commissions":1120686974.27155" which is the current income from the end of December until today. As you may know Moneypot was taken over by a new team and there has been an adjustment period which we are now coming out of and running in full capacity. Stakeholders receive the full 80% of Bitcoin revenue, this is not after marketing or other costs, you get the entire 80% earned by the site and 75,000 Rubies to stake as well. There are only 34 stakeholder spots left and each is 1/40th of the 80% revenue. The money raised will allow us to build the entire ecosystem for Rubies to flourish and becomes the sole income for our site, similar to how just-dice runs on clams except we offer both BTC and Rubies betting. BetterBets is just the vehicle for delivering Rubies through wide distribution to the world, but there will be multiple businesses supporting it in the months to come. You can see on the OP of the thread the full revenue earned the past 9 months totals over 181 BTC, which Moneypot would easily verify to interested parties. Rubies volume is now "Wagered: 30218638.4358 RBIES" in just 5 days since launch, people are really enjoying them and the methods of distribution. Email us at contact@betterbets.io if anyone has any further questions. Please keep in mind that Bet-Mining Rubies is based on volume we have several players who have over 100 Rubies with a starting bankroll of 0.014 btc. Bet-Mining Rubies is purely volume based, there seems to be a misconception you have to lose 1 BTC to gain 30 Rubies this is completely not the case, we are talking volume just like people make on exchanges (similarly). Any site owners looking to add Rubies to your business please pm, or email us and we will help you get started. -Bjorn Thank you for the reply. I might give it a try, will see. The main issue holding me back right now is the rather limited bankroll that MP provides, it will be really hard to have a decent wagered at BB with such a small max profit. It could of course get better in the future if the invested grows in MP but it looks to stay the way it is for a while. It could be good if the interest in rubies grows and the price goes up, but it is really hard to grow a currency. If we make the calculations based on this years performance, we would need 3 years for a break even. This is just based on getting back the BTC. Lets just hope things pick up soon, been a damn slow year it seems. While your calculations are correct, please realize this: we had a few months of really great volume and then had some very intrusive real-life issue which sort of sidetracked us for a while. These issues have been taken care off and we're now once again ready to dedicate ourselves to BetterBets.io (as demonstrated by the launch of Rubies, which was more work than it seems on the surface) and push hard on the marketing front. If past performance is any indicator of what we're capable off, you should see top-notch volume around the corner again in the near future. Bjorn is a marketing machine and once the Rubies launch issues (marketing-wise) are resolved, you can be quite certain that he'll come up with exciting new ideas and campaigns to push volume. |
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Nice job on that document Ranlo. Well done! |
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If you haven't noticed, BetterBets.io has processed more than 30M (Million) Rubies wagered (this is turnover volume) since launch (about 5 days ago). This is a pretty awesome achievement for a newly launched coin and foreshadows more good things to come in the future. Enjoy your rubies and play it safe. PS: Also check out our Hall of Fame ( https://betterbets.io/app/fame/ ) ... there are some players with nice winnings now. |
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Hi, I'm happy to announce that Rubies has been listed on it's first exchange: https://c-cex.com/?p=rbies-btcC-Cex are some nice and good guys, it would be nice if we could throw some volume their way as a way of saying thanks for listing us so quickly. |
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Hi, I'm happy to announce that Rubies has been listed on it's first exchange: https://c-cex.com/?p=rbies-btcC-Cex are some nice and good guys, it would be nice if we could throw some volume their way as a way of saying thanks for listing us so quickly. |
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Hi,
we just pushed out another update which fixes a bunch of bugs and annoyances, most notably Luck Forging is now operational again.
Enjoy and bet safely.
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We are very excited about all the possibilities that Rubies can achieve and will do our fair share to assist in this.
We've been extremely happy with our collaboration with Moneypot and will make sure that this collaboration continues in order to benefit us, Moneypot and our users. In all honesty, the response to launching Rubies has been better than expected and we're certain that with Moneypot on our side, we can grow Rubies into the first rate coin which sets the standard for an widely accepted business currency/coin. We look forward to working together with Moneypot and other interested parties in order to make the Rubies ecosystem grow and achieve it's full long-term potential. |
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I have installed the rubies wallet on my windows pc yesterday and sent some rubies from the app then I closed the wallet, and now I cant find it on my PC. Tried to find it on drive C: all programs but still cant find it. Did I do something wrong?
Maybe you extracted it your Downloads folder? |
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My next 90+ rubies are for free...    -tb- Yeah, you got lucky due to a bug. Bug has been fixed and unless Bjorn (as the business guy he has the final word on this) violently objects, my thought is to just let you keep them. Enjoy. You're saying I can't be that lucky? So if I can produce similar result, then it's not the bug but just me being lucky then.  -tb- I wish you the best of luck. If you got free Rubies today, it was due to a counting bug in our bet mining code which has since been fixed. |
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I hope you guys get up on your feet again quickly.The site is a lot of fun.I will definitely play there again.Hopefully you figure out what happened in the attack.
Good luck All
What attack you are talking about? I dont see any messages that betterbets has been attacked recently. No attacked has beeen made in betterbets.io recently. I think Kepler510 read some older review, the time Betterbets had security issues and breached by a hacker! That issues were fixed at the time! All that said, Betterbets team thrives to make the plataform app, a security and safe place to play! Keep playing at betterbets.ioCheers!! ●‿●     Just to clarify: there was no attack. The bug was an internal counting error and has been resolved. To the best of our knowledge, our system is secure and holding up just fine. |
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I'm doing a research on gambling and best sportbook site. I am very happy to look at this thread because I am going to try this and hopefully this site being one of the best site in my research. And I hope this site always perform routine maintenance.
He, we hope that you'll be happy with what you find on our site; we put a lot of thought, research and effort into it. And yes, we do perform regular maintenance and improvements on our site. |
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My next 90+ rubies are for free... -tb- Yeah, you got lucky due to a bug. Bug has been fixed and unless Bjorn (as the business guy he has the final word on this) violently objects, my thought is to just let you keep them. Enjoy. |
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Just a quick FYI: We just pushed out another batch of fixes which address a bunch of annoying issues. Please see the developer post (2nd post of this thread) for full details.
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Hi Everybody,
we just pushed out a new version which fixes a few minor annoyances, most notably the Rubies bet mining display is now fixed. As a courtesy to our users, we credited everybody who placed BTC bets since the launch of Rubies with 25 Rubies coins.
Enjoys and bet responsibly.
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Hi People,
the new site is live and generally seems to be upholding quite nicely.
A few bugs have been reported and we'll try to squash them all sometime later today. Rest assured, updates will be coming quite frequently now.
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Yes, definitely. Very nice! |
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Firstly I like this rubies idea it's got potential. If we choose to be a stakeholder and the 40 are not filled yet do we get the full 80% of btc income or 1/40? Trying to see if it's better to get in early and catch March payment. Many of us been waiting for this feature for months glad it's alive.
We have discussed this matter before launch and if I remember correctly, the decision was that even if there are less than 40 holders, 80% of profits will be divided between those holders. However, I'm the dev and Bjorn is the business guy, so his final word counts; as such, please wait for confirmation from him before taking this statement as fact. |
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