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5901  Economy / Gambling / Re: BetterBets.io Bitcoin Casino ★VIP★15% Affiliate Bonus PLINKO|DICE|HORSE RACING on: August 04, 2015, 08:10:54 AM
Give us a day or two to take care of this and all should be good.

Or three so that you guys could have some fun with family instead of spending 16+ hours daily  Cheesy

If Arallmuus is up for it, we may run another contest like last month for bet sniping if people are interested.

That would be nice but then again third month anniversary is 15 days away from today . That is quite a lot of days to think of something else rather than the last snipping bet. I would need to think of something to keep the suspense over then doing the same thing over and over again. Perhaps some contest to hit x9999 in plinko will be great since we need atleast someone to hit that  Wink

Read the OP for details or our FAQ @ https://betterbets.io/app/content/faq/

Or nicely ask me in chat or PM me  Smiley

Rolls are going very fast now for me. I'm at over 2 bets/s it looks like, which is awesome (especially considering most of mine are < 100 bits, and those are rate limited).

Everything is as smooth as usual  Smiley
5902  Economy / Gambling / Re: PlinkoPot.com BTC Plinko - <1% House Edge - Up to 999x - Tournament Starts 8/3 on: August 04, 2015, 08:03:23 AM
stop it here, if i continue to argue, it will make more troubles, just leave it.

To be honest, Im not here to argue with you Smiley. Quoted your post just because some things needs to be cleared off. Im merely providing information about facts to what have been claimed in the previous posts because if those posts were to be seen by the trolls then you can expect there will be alot of fuss in the upcoming hours.
Besides such claims will only serves as a bad publicity for the site, therefore Im providing things to make it clearer so people wont ask the same question over and over again ( or keep on going to say the house edge is huge etc etc )

5903  Economy / Gambling / Re: Recently Reported. on: August 04, 2015, 07:42:08 AM
Definitely not because They are pretty much just providing a bad support service and that is all. This is a quite big site and there will be always people that wager there , so what they done is pretty much just leave the site and hope people will lose there without caring on their players . They do check on issues but not regularly ( after complaints )

Some references : http://dicesites.com/satoshidice

totally shows that the site still has some activities although the wagered amount seems to be lower, could be that they are either having a bad week or that some people are leaving because of their horrible support service and some not creditted deposit issue

Bad support is kinda abandoning ship.. if they really would want to keep it up and make some good profits their support should be alot faster..Their way of business atm is only losing current and potential players.

Not literally right. Some top sites have a bad support as well but that doesnt mean that they are abandoning the ship ( you must be aware of which one Im talking about ).
Having a bad support only means that you dont know how to run the site properly which might resulted in the loss of a few player but then for a site that has such big "reputation" and is on top of the google search for the SEO then you can expect there will be always playing coming in and out to play despite of all this lousy support

give it a month or something

For a lousy support like this ,a month is totally possible Cheesy
5904  Economy / Gambling / Re: ✔✔✔ block777.com | HUGE WEEKLY PRIZEPOOL | on: August 04, 2015, 07:32:48 AM
What is the house edge though?

If you would take some time just to read the OP then this question would not be needed. You are not playing against the house (literally )therefore there is no house edge as it only applies if you are playing against it. The correct word is "fee" and the game takes 1 % fee of the winnings.

Read more of this since you are not familiar with it ( I made a detailed explanation just incase someone like you dont understand )

i.e The winning pot has an amount of 1 BTC and Eligius is the pool that mined the xxx777 blocks

There are 3 addresses that bet on eligius to mined the block with the wager amount as the following

Address A : 0.01 BTC  >> 50 %
Address B : 0.005 BTC >> 25 %
Address C : 0.005 BTC >> 25 %

House takes 1% fee so 1 BTC x 1 % = 0.01 BTC and thats leave the pot with 0.99 BTC amount

0.99 BTC will be divided among the 3 addresses proportionally according to their wager so

Address A will receive 50 % x 0.99 BTC = 0.495 BTC
Address B will receive 25 % x 0.99 BTC = 0.2475 BTC
Address C will receive 25 % x 0.99 BTC = 0.2475 BTC



Because we determine your sending address by parsing the transaction we receive.

It will be neat if the site could make something like Direc*B*t which allow you to select the address to send to for the amount if you win. I find that both sites is kinda similar where you send your bet to an address thus there is a quite long waiting time before the "game" end. Having such system will encourage more bettors since it will allow some convenience for people to directly send from an exchanger or such

Disclaimer : no cross advertising intended , just making some examples there
5905  Economy / Gambling / Re: Best dice site(a game) on: August 04, 2015, 06:24:31 AM
IMO coinichiwa.com has faster bet speed.

Not anymore  Wink

but im not sure if they are still in good condition as of now xD

Pretty much yes they are still on top spot for the speed round. If you would to compare BetterBets to any dice site around here in term of speed then you would probably notice there is a whole different level of it. Although decision has been made to throttle some bets but still you will be always welcomed to test it and compare ( even to coinchiwa )

A word of advice would be try to use chea's bot ( references below )if you would like to measure the speed of the bet because the bot will automatically calculate the roll/1sec

references : https://bitcointalk.org/index.php?topic=1135816.0



On a side note, if possible could we just use Panjul's idea once this round is over? It will take weeks just to get a few result while on the other hand it could be done faster with his idea. You can make the voting round to be a month instead of a week if the voting will be based on his idea ( besides a month for whole categories is much faster than a week for one category )
5906  Economy / Gambling / Re: PlinkoPot.com BTC Plinko - <1% House Edge - Up to 999x - Tournament Starts 8/3 on: August 04, 2015, 06:12:52 AM
actually i am not telling you that you are a scam.

Technicallly you are not saying the site is scam but you are implying with a different words, "huge house edge"

but probability seems ridiculous based on what we have done.

If it is based on what "you" have "played" then it is ridicilously wrong because you know your data isnt accurate since your sample is only small number, variance could kill it

https://www.moneypot.com/users/lottery248

you know, provably fair is good to prevent manipulation

Wrong, provably fair is there to make manipulation much easier to be noticed if the house decided to do so ( thats literally different meaning ). It cant prevent manipulation because manipulation can still be done if no one notice it , like what 999dice did or skipping nonces ( which is quite hard to detect unless someone knows how provably fair work )

however, once the hash used, that hash will be forever and cannot be appeared again, if i guessed correctly.

Which hash are you looking for ? All hash and its secret will be reveal in your moneypot's BET ID

i.e https://www.moneypot.com/bets/58705810

i don't wanna argue, what i have said is based on someone's complaint.

Well but you did ! Anyway the house edge is recorded in Moneypot and there is no way the house could fake the edge. If the house edge is truly huge as what have been claimed then you would see such number in moneypot's BET ID as well but the fact is that the house edge is low industry standard and varies depending on your chosen board (my jackpot x999 board is 1.02 % edge btw )
5907  Economy / Scam Accusations / Re: CloudThink.IO removed management pictures after being caught with stealing on: August 03, 2015, 04:52:11 PM
rather an inexperienced scammer

Much rather inexperienced scammer that got exposed of their lies since day 1

who knows how to hide his tracks well enough.

Covering tracks is pretty much a thing that every scammer will do

-snip-

This isnt a complaint thread about your unpaid payment and basically most people wont even care about this since his trust score should clearly show that you should not trust this guy at all. In fact dont even think about promoting his scam sites because it serves nothing good at all

LOL, the plot thickens......

https://bitcointalk.org/index.php?topic=1141984.0

He just loves giving things away, does our Rikkie.

Cheap way of getting free advertisement. Basically he needs people to put in a "good" review for the product, if someone wants a biased review then you can be sure that they are up to no good. Would love to see if this miner actually "exist"



I'm afraid my colleagues who were in charge of this didn't have the necessary experience and manpower to offer credibility.

The bolded part is translated into have no shills to offer fake vouches and credibility
5908  Economy / Gambling / Re: Can bitcoin casino go bankrupt? on: August 03, 2015, 04:34:52 PM
I guess bankroll management doesnt have any effect on bankruptcy

Wrong, bankroll management is a must. A proper kelly criterion should be followed and this is to ensure a high roller doesnt break the house in few split of bet thus this will be limiting the house's losses as well.

their bankroll depends on the wagered, the more wagered the site get the most income they get

Wrong, although the house has the edge over for the long run but it is not a guarantee that they house will keep on winning with the more people wagering there as there will be always a day or two where the house is completely out of luck so purely depends on the wagered status isnt right at all

and with a little development I think they wont be bankrupt

Wrong again, a site that put in poor development will not attract any player. Just take a look at how many poorly developed gambling site in this board that dont attract any player at all. Basically they just put their site on launch here and hope for the best which wont work here as there are alot more far better sites in almost every aspect

References :

Minidice : https://bitcointalk.org/index.php?topic=1091286.0

Doodledice : https://bitcointalk.org/index.php?topic=1104611.0

PatDice : https://bitcointalk.org/index.php?topic=1109238.0

SawDice : https://bitcointalk.org/index.php?topic=1064019.0

CrimeDice : https://bitcointalk.org/index.php?topic=1083359.0 ( and alot more, just hit the search button )
5909  Economy / Gambling / Re: Recently Reported. on: August 03, 2015, 03:56:46 PM
it looks like they abandoned the ship

Definitely not because They are pretty much just providing a bad support service and that is all. This is a quite big site and there will be always people that wager there , so what they done is pretty much just leave the site and hope people will lose there without caring on their players . They do check on issues but not regularly ( after complaints )

Some references : http://dicesites.com/satoshidice

totally shows that the site still has some activities although the wagered amount seems to be lower, could be that they are either having a bad week or that some people are leaving because of their horrible support service and some not creditted deposit issue
5910  Economy / Gambling / Re: Can bitcoin casino go bankrupt? on: August 02, 2015, 08:30:06 PM
With an old gambling website that is likely to have a much larger bankroll, indeed the chances are pretty slim. This isn't the case with a newer gambling website, which is likely to have a much smaller bankroll. It is possible that variance could kill a newer gambling website.

AFAIK there will be only two conditions to not be "killed"

#1.  Use a proper kelly criterion ( posted in few post above )
#2.  Wagered volume.

Unless the house could secure a good betting volume constantly then the site will live even if is suffering on loss ( some new site has a good volume ). The sad thing is that just most people here tend to not give the new site a "chance" although some newer sites tend to be "better" apart from the trustworthyness ofc

the casino's trick is that they make you feel like you have a 50/50 shot of winning a hand of blackjack, but in reality you don't.

Right on the nail !

-snip- if -snip-

There isnt any need of the "IF" words there especially with something that highly unlikely going to happen and this will be just derailing the topic

That said there have been investment based casinos which have gone negative in profit, but if they have the bankroll to continue, then they will likely come back. For shorterm it can always happen.

Wrong, if the profit is going negative then the site needs more people to play and "LOSE" to recover which is what happen to most gambler. That is how the site will recover but if the site going negative and there isnt anyone playing and "losing" ofc then things will be on its opposite
5911  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! on: August 02, 2015, 08:15:48 PM

-snip-

-snip-
I believe that he is stuck between two points:

1. If he would be totally silent, no updates and so on, the risk that some of you would take legal (or illegal) actions increases.
2. If he would be open, honestly saying what has happened and what's the situation now, regarding your money it would most likely be the same. The risk that some of you would take legal (or illegal) actions would increase.

Im afraid this wont be the case. Back then he was quite "popular" and lot of his fanboy will break up an arm or leg just to defend him when he was late with payment.
If he stated the "real" reason of all this delay few months ago , some people will just "forgive" him or whatever ( some people just dont have the right mind) but that thing has long gone anyway ( even I suspected this will still be the case though )


That was in May I believe, maybe End of April (?)

Middle of May IIRC ( I could be wrong on this)

What I want to say with that: In my opinion there won't happen anything without pressure.

A legal pressure is currently under arrangement ( references below)

Some will get hardware, some will get a "soon" and some won't but wait, because... some other got it. He can do this for a very long time.

Part of my speculations as well because by doing this he can keep this stalling tactics to keep on working

-snip-

For me this is much of about entertainment for now because I had got off from this "waiting" stuff by selling on loss ( Im happy with it rather than keep on waiting for uncertainty ). Some people just cant get the fact that this is a "scam" and legal issue needs to be taken . Probably because of his nice attitude before this "cloudmining" fell apart.

Also to pursue things legal, a Real identity is needed (bolded references below) and some people arent ready to go that far thus some tend to wait instead of taking legal action. Basically some thought that they are not losing anything either to keep on waiting more since they have waited for months ( yes 7+ months already ). Most are on the verge of "let it go" as what I've seen, even you can read few previous post that actually wont even care whatever happen even if they dont actually get the "magical hardware" and not even fuss when then Q&A is keep on being delayed

FYI from gethashing thread... https://forum.gethashing.com/t/not-paying-ltcgear-discussions/2031/3772

I'm going to post this here. https://litecointalk.org/index.php?topic=26244.0

I'm not going to have a discussion about it here though. A legal action is going to be started and anyone that is interested in participating in the action is required to provide their RL information.

If you do not plan to provide RL information (name, address, phone, email) do not fill out the form because it will not be sent to the lawyer.

If you do not plan to provide financial information for the case providing a paper trail of bank funded fiat to crypto currency exchange, fiat equivalent value of crypto in exchange for services rendered and a blockchain trail to purchased products at LTCGear you may not be able to participate in the action.

This form is for filing to participate in the action. It required RL information, and at this time only products that you own in your combined LTCGear accounts. The form can be updated in the future if you make and purchases or sales. This form will be up for approximately 2 weeks.

Request to participate in class action against LTCGear

*Note this this legal action does not necessarily mean that a lawsuit is taking place. The strategy for proceeding will be determined by legal counsel once we gather the initial participants.

Found the post from TheMage. Here: https://litecointalk.org/index.php?topic=26857.0

Even TheMage's ultimatum wasnt enough to make him "act" it seems
5912  Economy / Gambling / Re: PlinkoPot.com BTC Plinko - <1% House Edge - Up to 999x - Tournament Starts 8/3 on: August 02, 2015, 07:00:39 PM
that site still has problem to open in firefox when i tried to open this it went unresponsive suddenly for a long time, after 2 minutes of waiting i am able to access into my account so try resolve this issue with firefox.

Thats funny, I got an issue with my chrome and firefox working pretty well for me

Code:
ERR_SSL_VERSION_OR_CIPHER_MISMATCH

The most possible way to know the leader board is by checking all participant's stats manualy one by one on moneypot

This isnt possible for several reason :

#1. You have no data about how many people that actually wager in the site because you couldnt monitor the site for 24/7

#2. Even if you know all user that wager during the tournament, you will need to note down their starting wager amount and deduct it later for 
     The final wagered amount ( some account should have wagered few bits on the site so the starting wager count will not be zero )

tl;dr : a simple script to count the total wager is the answer for this. Although rmcdermot might have got this already

Try our Jackpot Board - Up to 999x payout. (Thanks Arallmuus)

No problem, goodluck  Smiley
5913  Economy / Gambling / Re: Can bitcoin casino go bankrupt? on: August 02, 2015, 05:59:25 PM
so your claim is not accurate.

Well , he is not claiming though much of like verifying

so yes, I would say that many bitcoin casinos could bust out pretty quick, as they don't have any institutional investors that are providing huge amounts of bankroll to bet against.

Huge amount of bankroll isnt the factor that decides if the BTC casinos could bankrupt or not because each a "proper" BTC casino follow the kelly criterion rules (mostly) . Even if a site has only 25 BTC as a bankroll, it doesnt matter unless the site put in a low kelly criterion like 0.5x or 1x of the edge .
This is to ensure that someone dont bust the house in an instance and without it, someone could bust the house in an instance even if the house got a huge bankroll ( assuming that guy is pretty lucky )

References of a dice sites that has 100BTC bankroll but allowed 20BTC max payout in one game

https://bitcointalk.org/index.php?topic=1064019.msg11606288#msg11606288

Turns out the the bankroll decreased by 30 % in less than 2 weeks

https://blockchain.info/address/1DUTgipJHFctU3UyWFavWmddRea7cAR5YK
5914  Economy / Gambling / Re: Can bitcoin casino go bankrupt? on: August 02, 2015, 05:38:40 PM
I was always told that regular casino games are rigged so that the casino never loses money

If you mean the land casinos then it is most likely no since they need license to operate and the chances are pretty slim for them to rig their games because there will be always an inspection

If the bitcoin casinos are using real random number generation then it is possible for them to
actually go bankrupt no?

Yes but the chances are pretty slim , close to zero unless someone manage to know the server seed ( like hufflepuff did and drained the bankroll ) . Each game is equipped with house edge to ensure the house will always win in the long run and although the house is losing but if there is still people playing then you can be sure the house will recoup its loses

Not a bitcoin casinos but just an example of the house that is losing right now

http://dicesites.com/bitdiceme/clam

http://dicesites.com/peerbet/ppc

Both sites is "losing" currently but if you see the chart and compare you will see that the house is recouping its loses little by little so the probability to "bankrupt" will be close to nil ( hint : check the total profit chart )
5915  Economy / Services / Re: Best Poker and Bingo - Playtodos.com Signature Campaign on: August 02, 2015, 05:29:56 PM
Post count: 2460
BTC address: 16dHPZPX7Qt1fXjG3RSFgdAr3E24WRaHVp
5916  Economy / Gambling / Re: BetterBets.io Bitcoin Casino ★VIP★15% Affiliate Bonus PLINKO|DICE|HORSE RACING on: July 31, 2015, 08:11:15 PM
Receiving error message AUTH_ID_OR_SECRET each time i try to bet.  Ive logged in and out of the site and money pot.  Any idea on resolving?

Thanks,
molloype

Oh Hi molloype, didnt expect to see that you in Bitcointalk. Apparently the site is under entire system check at the moment. It will be back soon however there is no ETA for that ( dont quote me on this ). Im terribly sorry for this  Sad
5917  Economy / Gambling / Re: [ Bettingblocks.com] ✔UNIQUE GAMBLING on block finders | ✔HUGE WINS EVERY WEEK! on: July 31, 2015, 04:39:07 PM
Hi can i know what the difference about this and block777? If i bet on 2 this website, is it the same closing time

Definitely different because the bettingblocks website is to bet for all blocks that ended with "7" so xxxxx7 and that would be 10 blocks interval of roughly 100 minutes. On the other hand the block777 website is to bet for blocks that ended with "777" so xxx777 and that is every 1000 blocks and roughly 10,000 minutes . Apparently the prizepool for the bettingblocks is lower than block777 because of the shorter time so if you are looking for game with higher prizepool than go for block777 instead
5918  Economy / Gambling / Re: Pachinko - Highly Addictive Bitcoin Game | 1.05% house edge | New Promo Board| on: July 31, 2015, 02:37:47 PM
sbankerdemon is funny guy, he continously defend Pachinko. he's talking to and fro.

There is no harm on that anyway as people tend to be more defensive towards the site that they love which is normal for him because I saw his post from the early days of this site that clearly indicates that he loves the site but to be biased is pretty different thing  Smiley

seems like he want to be noticed.

He is pretty much noticeable right now

we should make objective assessment, you can't act like that sbankerdemon, it's just make pacchinko reputation hurt.

This kind of things is basically out of control of the site owner. Some may be fanatic enough and that will just ruin the site because of their action however as stated above, the site owner is against cross advertising and such but if someone intended to do it then it is basically not a sole fault of the site

Cool around 540 rolls left Smiley nice now I have to keep a constant lookout

Start pumping the rolls Smiley it might go faster than what you thought
5919  Economy / Gambling / Re: [ Bettingblocks.com] ✔UNIQUE GAMBLING on block finders | ✔HUGE WINS EVERY WEEK! on: July 31, 2015, 11:30:21 AM
also will the jackpot be split between the winners or what?

There isnt any jackpot here and prizepool is definitely different than jackpot. The amount of the prizepool will be share according to the portion of you bet which means that if you own 25 % of the entire wager on XYZ pools and the pools mined the xxx777 block then you will get 25 % of the prizepool minus 1 % of the house fee

for detailed explanations :

logical would be that if a pool has 33% of hashpower, return should be 3x of amount

You got the wrong idea about this game because this game isnt something sort of that kind. Basically this game is about a collective pot that the amount will be divided to all the winners proportionally according to their wager amount

i.e The winning pot has an amount of 1 BTC and Eligius is the pool that mined the xxx777 blocks

There are 3 addresses that bet on eligius to mined the block with the wager amount as the following

Address A : 0.01 BTC  >> 50 %
Address B : 0.005 BTC >> 25 %
Address C : 0.005 BTC >> 25 %

House takes 1% fee so 1 BTC x 1 % = 0.01 BTC and thats leave the pot with 0.99 BTC amount

0.99 BTC will be divided among the 3 addresses proportionally according to their wager so

Address A will receive 50 % x 0.99 BTC = 0.495 BTC
Address B will receive 25 % x 0.99 BTC = 0.2475 BTC
Address C will receive 25 % x 0.99 BTC = 0.2475 BTC
5920  Economy / Gambling / Re: Best dice site(a game) on: July 31, 2015, 11:04:04 AM
Edit: Stats seem unreliable.
From the current statistics, PD, Bitdice.me is currently under-rated, and Betterbets is overrated, IMO.
Too many votes dependent on speed of bets, which is not that relevant as trust.

And rollin and many other sites are simply missing.

                  Round 1:Bet speed

Votes are supposed to be on speed in this round, did you even read the op?
As for sites missing in the list, they are added once someone votes for them, you're free to mention a site not in the list with positive/negative votes.

Aha I was typing almost the same thing and someone hit post before me o.O



It simply depends on how far you are from the server

Which is true, example if you roll from Frankfurt speed will be 10 bets/second in BetterBets and around 3-4 if you are in USA so the speed indicator is pretty much depends on several factor

and a lot of other issues.

Such as latency issue and connection

Betterbets is overrated, IMO.

Well to be honest this rating is based on user's experiences and will not literally affect the reputation of the site and it is not like there is a trophy for the site if they actually win this speed round . Each user will share a different opinion regarding a site and that isnt an indicator that the site is better than the others

I played once at Pocketdice.io and can say that winning there is easy because the speed of their servers is fine.
PocketDice: +1.

The speed of the roll isnt affecting your winning chance, everything stay the same as you will either bust quicker or get profit quicker and leave



1 positive Vote for BetterBets btw Smiley
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