I've not offered security advice.  I offered advice on how to prove that you're not running a ponzi scheme.

I don't use Javascript alerts anywhere on Just-Dice.

I don't use PHP anywhere on Just-Dice.

I'm not 17.

In short I'm not sure what you're talking about, or why you keep making statements that have no basis in fact.

Not changing the subject, just find it quite funny that you believe that I should take security advice from someone who hosts on an unsecure shared hosting with a domain registered on Namecheap and take GUI advice from someone who uses Javascript alert as a part of the interface, not to mention the PHP advice from a 17 year old kid.

It is hosted on an Amazon AWS instance.

I wonder why you're changing the subject again.

If you think that making a ponzi "claim" is done by you competitor, I am so sorry that I have nothing to compete with you. Neither am I losing coins on your site and want to destruct your business, frankly I've got quite some profit from you. What I am doing is just expose this stuff to every investors to your site that your algorithm (at the point you haven't modified). I am not much a free guy that have a lot of time to waste on stuff like this, I have bunches more of summer assignments to clear up.

From the words of other investors now investing, it seems you have identified that new investments are not profit. With the current situation that your investment system have made a loss for you as you "overpaid" profit by determining new investment as profit, and without a clear invest and divest log in your system (anyway coins are not revertable :meh:). You should consider verivifing how many coins had every user have left on the server and how much coins you have in the wallet. Making sure that your future transaction go smooth. By the way I have knew a Chinese guy who have deposited 100BTC into your system, havent tossed into anywhere, just the balance. If he is not contacting you (a smart friend's not-so-smart friend, dont even know who he is), i guess you can make use of those coins temporarily to cover the loss perhaps.

Next time coding new stuff. Not only getting 25 confirmation from the network is important, consider confirming your logic and the final code 25 times before you release.

I don't know if that was aimed at me, but I've made no claim that you're a ponzi.  Quite the opposite, I've offered advice on how to prove that you're not.

BEWARE OF CSS CALLS!

Speaking of bad business practices   haha Come on, show us your true side.  

How do I know it? 13 years of online gambling and internet marketing experience is how I know it. Your traffic claims are ridiculous, your bet activity on site the past week is the very least suspicious as I have been following it since the start of it, the way you deal with CS matters it outright terrible, you have not addressed an obvious, tested and proven ponzi claim by 001sonkit. Well excuse me but "We are not a scam" is not enough in such situations.

Are you trying to use ponzi money to silence scam accusations? By chance is you name Trendon Shavers former known as pirateat40?
Paid using victims money: https://bitcointalk.org/index.php?topic=91661.msg1013612#msg1013612

I do not see how the attacks are personal when they are clearly exposing your bad business practices.

How about John K?

You're saying you DON'T want to use an escrow?

You're saying I send you the coins, and if CasinoBit is a Ponzi, expect you to pay me out?

... Are you kidding me right now?

He claims to have 1000-1500 unique visitors per day.

http://www.alexa.com/siteinfo/casinobit.net#trafficstats

The traffic he claims is a lie. As is his whole investment scheme. And if you guys haven't noticed, he had 100btc in bets over 8 months, and now ever since he started the investment scheme last week he has 2500btc in bets - that's most likely fake bets in my opinion to grow the investment scheme... Few days ago he claimed someone won 30btc on a bet, the bet wasn't shown in Top winners on his site (that could be a bug of course, as the site is buggy as hell). Let alone worst customer support that has ever existed on Earth, not addressing any of the users' doubts on the forum, not willing to show any concrete proof that there is no actual scam. He could at least address 001sonkit's long and very detailed accusation on how exactly he is cheating the users.  Let's not be naive here.

What he is cheating is the investors. It is totally true that the investment scheme is related to the roulette wheel below, very obviously that if someone bet and loses, you get his coins. But what he didn't tell you is that new investments are calculated as a "winning" to old investors. That's why we've seen some people saying that he got from 5BTC to 25 BTC over the night while there aren't even much losing bets that cover the profit it got. And meanwhile it had been running for a week, owner of CB instead of finding whats wrong with the large amount of suspicious profit that is more than what the site had won (eg: house own 90BTC and there aren't 90BTC bets, and people are saying their profit is like doubled). He advertised on how well this scheme is moving on.
This would remain 2 solution:
1. He is smart enough to not even know how a ponzi scheme works
2. (As seen on Just-Dice user chat room)


And for the traffic result:

He claims to have 1000-1500 unique visitors per day.

15 BTC? Deal.

Doog as escrow?

Hilarious.

CasinoBit has WAY too much ponzi written all over it for you to invest now. If it is a ponzi, all the withdrawals that are coming will mean that you get nothing out. I don't think CasinoBit will last 3 months now, or at least it's investment part won't.

Yup down for me to.  Still not got my original withdraw as of yet.  Still sitting on zero confirmations.  I'm no block chain expert, but what would cause a transaction to sit at zero confirmations for almost 2 days if not the originating site?

Is casinobit.net under DDOS again?

Having trouble accessing the site.

Under attack again?  Can't load

Due to the nature of bitcoin and fractions, it is vital that you add 1 or 2 decimal places to the "percentage of total bankroll invested," due to the possibility of low investment amounts.

Currently, with .11 BTC invested, which your site claims is ".01%," divesting would only earn me .07 of the ~720BTC invested right now.
Since .11 is more accurately .0153% of the sites' total bankroll, it would be unfortunate to only receive a fraction of what I've truly earned.

CasinoBit, do you still plan to lunch a poker site?

You say FUD I say accusation, ta-may-toe, ta-mah-toe.  

I have noticed that over the past 3 days the profit margin of total winning/total bets has increased ~2.5% and the total bets have more than doubled.  I don't see these numbers in any of the pro-ponzi calculations.

Can't wait for the Ddos to be mitigated, so I can throw some coins back.

Well, I successfully withdrew my earnings, 7.06 BTC, I think I'd rather keep everything in my own wallet until everything is resolved.

I think I may be the opposite of most people, I don't like to jump to the "scam" conclusion as soon as one person offers some "proof."
With all the scam accusations always flying around and even a couple scam whistle-blowing sites that list pretty much any site that is involved in BTC, I think people mostly lean towards scam right from the get-go.  Some even seem like they WANT things to be scams...
Don't misinterpret what I'm saying, caution is necessary, especially dealing with BTC, but there is a line between cautious and paranoid.  A warning about dealing with caution can also quickly escalate into a witch hunt.

Issues have been raised, re-raised, repeated, and rephrased about whether this is a ponzi.  Any more will be beating a dead horse.  Any person being smart about investing their BTC have everything they need to make an informed decision at this point.  My decision: withdraw and wait.  My reason:  DDOs attack and current high probability of a substantial portion of the bankroll getting withdrawn in a short time period.

Casinobit, have you considered asking the community for suggestions about dealing with the attack?  This is a tech-savvy bunch after all.
Showing the invest script would also help, if it won't compromise the security of the site.
You really haven't done much besides deny allegations, proving them wrong would go a long way.  I can't see a reason not to defend yourself, unless there is nothing to defend.

To the operator: why there is no clear explanation of how is the profit calculated?
The fact that people make a lot more money that expected is scaring.

The money is either from gamblers or from other investors.

As I've said, there is no ponzi, the profit is calculated as (Total-Winnings)*(Respective percent owned).