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61  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: November 01, 2019, 10:29:32 PM
You people are so gullible its pathetic lol.

Nothing is as pathetic as simultaneously trolling this thread and also promoting the site to earn referral commissions from people gullible enough to think your shitbot dice script gives them some advantage.


No more pathetic than this little gem:  "A provably fair draw picked out a lucky name, rather, a lucky User ID out of the millions of users that participated, and the winner is all set to receive a brand new Lamborghini Huracan or 21.87 BTC as a prize. "  Quoted directly from:  https://freebitco.in/site/blogs/bitcoin/lamborghini-giveaway-winner-announced/  and saved here:  https://web.archive.org/save/https://freebitco.in/site/blogs/bitcoin/lamborghini-giveaway-winner-announced/ in case you try to edit it lol

Crack open the User IDs txt file and what do we find?  66354 user IDs (of which about only 50-100 are actually "real", give or take a few 100).  Thats a FAR cry from "Millions of users".  Lie some more pls.  Like I said b4,  the lotteries (including this lambo thing) are a complete sham and waste of time.  No one real actually wins those.  Ever.  And if they do, it's a small miracle due to the sheer amount of fake accounts you place in the drawing pools.

Bottom line,  if you cant "prove" the user ID's are REAL, then the whole "Provably fair" claim goes right out the window.  End of story.

New idea for the "Betting" section:

Will the next Lottery or Lambo winner post in the bitcointalk threads!
Options:
"Yes" but it'll come from an unverified/newbie account
"Yes" It'll come from a verified account with lots of post history (Most likely to receive 0 votes here lol)
"No"  Thats absurd, no one actually wins these things.

I even gave you 2 "Yes" options. lol

CURRENT BITCOIN BLOCK: 601845
BITCOIN BLOCK FOR CLIENT SEED: 601857

Any clue why 601846 to 601856 were not chosen but 601857? I may answer: they were used but winner is not the house owned ID until 601857. Someone if you know how is the calculation, please check if 601846 to 601856 yield any winner please.

The most questionable things that look suspicious is the ticket list & block id used for the draw were published at the same time with winner ID announcement. At least they could post the list first and announce the block ID which is 1 or 2 days ahead before the drawing taking place. It's fair if this block number was published before the announcement of drawing and then the winner, but in this case it's not and it's big question lol. Any way, you should do that way next draw.
62  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: November 01, 2019, 07:04:46 AM
Looks are like some are still betting for that Lambo, and the round has resetted back to 180 days Cheesy

Their Twitter said "LAMBO ROUND 1" which mean it's repeat...too much profit for them lol.
63  Economy / Gambling / Re: BetKing.io is a blatant scam operated by Dean Nolan on: October 29, 2019, 07:32:46 AM
...

camtheman you are going to ruin this for a lot of people. Respond to the email and chat instead of hiding on the forum

What I can say and suggest for you is start over all again, with assumption that bankroll did not go anywhere and did not get rekted from trades or gambling as accused you have much more than enough to start everything new, the bank roll is big enough together with knowledge and asset (website codes, operating model) you can easily come up a whole new thing/ new webite and brand (with different identity of course) together with buch of attractive contests it's a sure and far better chance of success rather than keeping betking.io since it's dead already and let it be. So many dice sites are popping up and that's the chance as well as advantage for you since they will and certainly do not have that much bankroll compared to you (again, assume the coins are still there).

It might be not good for me to say so, since it is a kind of giving hand to cheater in people view, but that's the fact. Kill the dead brand and go for a whole new thing is better lol.
64  Economy / Gambling / Re: Private Bustadice + Bustabit Script (.6 BTC/600K Bits per Hour) on: October 29, 2019, 06:50:00 AM
Trying to sell a script is not a very good option, the most realistic is to bind the script into referer & referrals model where players are free to play and you get benefit from referrals income, but sadly there is no way to force that thing on most of the sites out there, none of them has feature to allow that except freebitco.in (some works required to do that).
65  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: October 28, 2019, 09:10:14 PM
I just checked website stats. I noticed something I hadn't paid attention to before.
At the time of writing the total amount wagered is 376,000 bitcoins and the amount won by users is 194,000 bitcoins.
I would like to know how the amount won by users is calculated.
If it's the total profit, then the website has lost 194,000 bitcoins. It's impossible.
If that's only the bets won, the amount lost is 376,000-194,000= 182,000. The total profit of users would be 12,000 bitcoins. This means that Freebitco has lost 12,000 bitcoins.
I think I am missing something.

It is just the gross total of wins.


So, the profits users have made is bigger than the amounts they have lost. If the total win is 194,000 bitcoins, the total loss would be 182,000 bitcoins.
How can the total profit be bigger than total loss? 

You did not get it, the numbers does not yield correct result for sure, it's more or less for marketing purpose. 376,000 includes stakes for both won/lose bets, 194,000 is the amount won back on total of 376,000 spent on stakes of both winning and losing bets, this includes winning amounts are reused for betting again and counted toward that total wagered number, the real amount used for turning around would be much lesser. Simple math, since the site edge is 5% or 1/20 then the mean amount of 18800 bitcoins are used to wager that total 376,000 count of bitcoins and the site's profit is within 18800 bitcoin.
66  Economy / Gambling discussion / Re: Martingale revisited on: October 28, 2019, 06:42:00 AM
Good to hear that you are still in success with your revised martingale. I myself having own revised martingale, not double the bet size, not playing for high win chance but "suitable" win chance. The conclusion is "it's success" and also agree with you that with suitable strategy, the moment that the defined balance drained to 0 will be definately long enough that we might not witness in one life time.

I just hope you can minimize your losses here.

Martingale will always be martingale and always that we are still gambling.

The last time I used this strategy drained my balance off my saved satoshis. I am a bit disappointed but that satoshis are the one I got in their faucets but still, I saved that in months and it was gone in a minute. Just remember that is how martingale play your balance.

Nah, i am not sure about other strategy, but for my case I would call it is a success case. As for your situation (which lose everything within a minute) I have experienced and work out my way (with references and research of course) to the state that I am currently on which is not losing and not risking of losing but getting out with profit (slowly and steady). I am confident with it because I can see the variances after enough number of bets. On the site I am playing now it's 39 and almost 40 millions bets placed, and the variances already happened and tend to repeat. Yes, "repeat", this is the most important factor since I can see it is repeated thus, I can control it (aka beating a losing streak with enough balance & satisfy the casino constraints).
67  Economy / Gambling discussion / Re: Martingale revisited on: October 27, 2019, 12:19:31 AM
Good to hear that you are still in success with your revised martingale. I myself having own revised martingale, not double the bet size, not playing for high win chance but "suitable" win chance. The conclusion is "it's success" and also agree with you that with suitable strategy, the moment that the defined balance drained to 0 will be definately long enough that we might not witness in one life time.
68  Economy / Gambling discussion / Re: Premium Domain Name is the Best Asset for a Gambling Startup on: October 10, 2019, 05:03:39 AM
Where is research for .io domains? Smiley

Domain name is the only 0.05% of 100% of the work you need to do to have successful gambling site. So, yes, it's really no much matter what is your domain. For example, trustdice.win, stake.com - these domains are not premium at all, but the games are very popular.

You are not getting it rightt. At least, you need to have clear understanding of what domain name is, before commenting in a matter like this. Every startup founder who knows their trade will surely disagree with you.

Now, let me make it clear for you. Stake.com is a first class premium domain name, and responsible for at least 50% of the platform's success. Trustdice.win is a junk domain name, and any success they are having could have easily been doubled or tripled with .com domain.

Yep, he need to understand both things: effort needed and reward received. Only 0.05% of work needed but it's reward is much much more than that.

For any browser type in the domain only and press Ctrl + Enter, the .com part is automatically filled. On a mobile phone keyboard there is a .com key (to help mobile user type the domain faster, cos they can't press Ctrl + Enter on their phone)...If the .COM is not important, then those software / hardware developvers wouldn't care to have that feature on their products!
69  Economy / Gambling discussion / Re: Martingale revisited on: October 09, 2019, 04:50:55 PM

Just post here how much doge you have now (current balance + withdrawals) and i will know everything - starting balance, profit % and i can even code for you how much lucky you are.


That's not correct 100%. Look at my below stat and use your method to predict how lucky I am, and when will I got bursted.



70  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: October 07, 2019, 08:14:35 PM
I'm really failing to see why freebitcoin is giving away lambo tickets for people who are depositing , can't they just deposit and make a withdrawal after that ?
not sure if people who are gambling in the site like the way the tickets are getting distributed cause IMO it's not fair to gamblers

It's fair enough, which a gambler might normally desposit 0.01-0.02 but now they might increase the amount to 0.05, from a statistical view it already help increase wagering amount thus increased income for them.Out of 100% of the users deposited, it may need less than 1% of them to keep the coin there and managed to wager & lost is enough.
71  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: October 06, 2019, 10:50:11 PM
^^ New set of players?

Never seen those names before, unless I'm mistaken. Nevertheless, bitdice is performing very well so I'm not surprised if we saw new whales or mid-tier gamblers shifting to bitdice, an established crypto gaming site that stood the test of time and even though there's a lot of competition around, we remain on top.  Smiley

New names doesn't mean new people, that the fact. In term of a business I don't think it perform well enough, it might be OK for a single man company but they have many employees...their total wager volume per week might need to be much more bigger than this.

Act fast, change fast, do it fast and make it Bitdice!

@docthusinh why’re you trolling here? In case you’re not aware then let me inform that you cannot create more than one account at Bitdice their system will ban duplicate accounts hence new user name means new people. Also another baseless statement from you regarding their earnings, they’re doing very well in their business so I would request you not to make statements like this.
Check current stat of wagered vs player won. Currently it's 0.5+/- BTC income on their Dice, this stat got reset somehow but it's there for like 2 weeks since their last database upgrade. 0.5 Btc for two weeks or 1.0 Btc a month, I don't think it can cover all the operation costs. Don't want to make you down but this is the fact, thus act fast since there are numerous of dice sites including many new ones are getting famous extremely fast, you surely don't want that happen which player go for these sites and stay there.
72  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: October 06, 2019, 03:39:35 AM
^^ New set of players?

Never seen those names before, unless I'm mistaken. Nevertheless, bitdice is performing very well so I'm not surprised if we saw new whales or mid-tier gamblers shifting to bitdice, an established crypto gaming site that stood the test of time and even though there's a lot of competition around, we remain on top.  Smiley

New names doesn't mean new people, that the fact. In term of a business I don't think it perform well enough, it might be OK for a single man company but they have many employees...their total wager volume per week might need to be much more bigger than this.

Act fast, change fast, do it fast and make it Bitdice!
73  Economy / Gambling / Re: Bitvest.io Sucks, Admin cheat and dont pay, WARNING DONT PLAY ON BITVEST on: September 28, 2019, 11:59:27 PM
Hi macarrao! You should pm lightlord here on this forum he's active here and also, try to pm zodiac or promo in bitvest.io but i think zodiac processes the manual withdraw from the  last i've checked if the admin is online you'll get your money in no time anyway, you should wait for the admin to manual withdraw your winnings and not to play with it since the longer you play, the lesser the winning chance and in the end you'll bust your bankroll.

i think thats the best way to approach this. i dont think lightlord will want to ruin their reputation by not resolving a simple matter from their patrons. bitvest has long been in this community and the OP should reach out to the right persons to resolve his withdrawal issues.

It's not 100% about resolving withdrawal issues, an established casino shall have automatic payment system and for any specific "big" amount which is higher than a specific mark, they should notify users (i.e: an email saying so to let the player know / estimate when will payment happen). For this case: the casino play the game and the player fall into it exactly the way they want (delay and keep silent is the best strategy to beat player mood), and as a player his anger ruined his day.

Also, the use of "forum" is nonsense regarding to this matter, and it's not an excuse that the casino owner is more active on public forum than staying with his casino and monitor it to support customers in a timely manner, rather than let the customer bring the issue to a public forum (so that he need to act to protect his casino reputation).
74  Economy / Gambling / Re: FortuneJack has a problem in Dice game on: September 27, 2019, 12:40:33 AM
It's pretty nuts that nobody noticed this even though it was a persistent issue for years. I'm curious to see how much extra Fortunejack made from this and what they will do to reimburse the effected players. Given that this issue dates back years it will be extremely difficult to even figure out who was effected and to what degree, but given this level of error they should really spend some time to get this right.

I am more on "I/they/we don't care, since I/they/we did not urge to play on the site". I personally realized that after few minutes playing around with the site when I was seeking for sites 3 plus months ago, and then go away/ never turning back with simple thought that "it favour the house".

The key thing for them on Dice game is Min Bet vs Max Win range is too low to let a dice bot play for long enough rather than 0.49 vs 0.50 thing.
75  Economy / Gambling / Re: Freebitco gamblin' stream currently live :) on: September 22, 2019, 06:04:13 PM
Undoubtedly, I understand what you are talking about, but it’s very difficult to immediately understand and comprehend.  The situation in which I am today reminds me of the time when I was studying the multiplication plate.  When I was just trying to study it, it was very difficult for me, but over time, in a place with knowledge that I just learned by heart, I came to understand how this all happens.  Now, with this understanding, I can solve multilevel equations mentally, without the help of a calculator.  Now it’s time for me to study the procedure for gambling, which I have yet to understand.

That's the whole concept before something can be concluded thus it's complicated, but once it is concluded you might be surprise that it's required only less than 100 lines of code for the logic (not counting those supporting things for the bot to work i.e: talk with server, catch errors, etc..) and if it work for freebitco.in with 5% edge, it will work on any site since 1% or 2% is max.
I am one of those people who are confident that a good result can only be reached through logical inference.  But in this case, there are two options for how to achieve the goal, and this is the study and understanding of the whole process or the method of personal trial and error, during which understanding comes.  In my opinion, personal practice gives more results, because in this case a person gains experience.  But will the practice give me experience if I play with minimal sums of a few dollars?

For this case it includes both: logical calculation & personal experience. His bot initially perform not very effective (hit a rare streak once every two or three weeks) but after sometimes play and together with input from other users it achieve a near perfect result (hit a rare streak once every two or three months). So it can be concluded: research to have logical calculation (betsize, odds, iteration of random events/sets), resolve the "spike" or "skewness" of distribution of numbers (rolled results), test as much as possible to have accurate statistic. Sum of few dollars I would say it is a no, the minimum balance at least should be 0.5BTC (total willing to lose) for around 70% win chance but for better chance to win in the long term you need 1 -> 2BTC (almost you will never lose 24/7 plays with minimal/safest settings).

Otherwise as the site mod said, majority of them lose, that's because of "not enough balance". In any case, play with test mode first to understand how it work, if you managed to have enough patent to run the test 24/7 for few months or even half a year you will understand much of it and have enough confident on playing for real (required balance/ total earning / chance of bursting at specified balance). The reason for test that long is to find out how long it is for the question "you will lose in the long run".
76  Economy / Gambling discussion / Re: My gambling strategy on: September 22, 2019, 11:50:38 AM
It is just that you got lucky with your strategy. Strategies are just a sort of gamblers fallacy. In the long run you are bound to lose to the house due to the house edge. Try running your auto bet setting for more than 2/3 days, you will see that you have lost everything you had. It is better to cash out your coins as soon as you are on the green side of your balance.

With auto betting you always lose everything if you don`t stop it on time. With auto betting I didn`t win anything, in the long run, I have much more loses, all amount loses than with regular gambling, that`s why I stopped using it.
I wonder will OP share one information, the longest losing streak at 1.8 bet. I would like to know that.

Well I always do multiplier X 10 to see what for a red streak I can expect. So 20 reds on 2X and 1000 on 100X for example. If your strategy can handle those streak it might run for a while but bigger streaks can always occur.

Higher odd tend to last longer base on my understanding & real playing. I play on 200x and mostly it landed within the range of 1700-1900, once ever it reach 2100, but my balance support upto 2400! so it is pretty safe for a 24/7 play (3 months approximately atm).

afaik high odd means lower chance of winning but lower odd means higher chance of winning ( correct me if im wrong )  but how come higher odd tend to work on you and you said you last longer ?  higher odd also gives higher profit so you must be freaking rich now  . for us that are not born to be not so lucky  ,  i think we will only stick on lower to medium range of odds so that we can win more oftenly but the occurence of loosing can still occur oftenly based on my experience .

It will help to reduce the next bet size if we lose, and if we win the profit is big enough that can made up enough balance to win another higher rare losing streak. And another reason is due to the total possible outcomes. I.e: 0.0000 - 99.9999 which mean too many chances (1,000,000 possible outcomes) that the result will come outside winning range, aiming for higher odd cause the process to be extended longer (take much more bet count to reach the time where the results keep coming outside winning range).
77  Economy / Gambling discussion / Re: My gambling strategy on: September 21, 2019, 09:14:19 AM
It is just that you got lucky with your strategy. Strategies are just a sort of gamblers fallacy. In the long run you are bound to lose to the house due to the house edge. Try running your auto bet setting for more than 2/3 days, you will see that you have lost everything you had. It is better to cash out your coins as soon as you are on the green side of your balance.

With auto betting you always lose everything if you don`t stop it on time. With auto betting I didn`t win anything, in the long run, I have much more loses, all amount loses than with regular gambling, that`s why I stopped using it.
I wonder will OP share one information, the longest losing streak at 1.8 bet. I would like to know that.

Well I always do multiplier X 10 to see what for a red streak I can expect. So 20 reds on 2X and 1000 on 100X for example. If your strategy can handle those streak it might run for a while but bigger streaks can always occur.

Higher odd tend to last longer base on my understanding & real playing. I play on 200x and mostly it landed within the range of 1700-1900, once ever it reach 2100, but my balance support upto 2400! so it is pretty safe for a 24/7 play (3 months approximately atm).
78  Economy / Gambling / Re: New Dicebot script. Earn 10% fast with low risk. on: September 20, 2019, 07:04:36 PM
So if I understood you correctly, then most bots that are allowed to use are aimed only at a superficial result that will not be outstanding for the user.  Then I believe that it is better for the player to work and polish his skills himself, without using bots.  What's the point then in bots?  Or are they just for the psychological satisfaction of a gambler?

The point that bots exist are: 1) if you play with built-in auto dice, there is not enough flexibility (settings) for the player to play, 2) browser based game cause memory leak over time (nature of it) and it can crash your game anytime after few hours of play, 3) not all gamblers know how to program/write code of the bot himself to have metioned feature, that's why public bots exists.

There are two types of bot: standard bot with feature such as multiply by x after each loss (Dicebot or Mydicebot has this type of calculation), custom bot in which multiply x1, x2, x3 or add y1, y2, y3 after each loss, or continously add one satoshi to the next betsize to suite targeted condition (loop of +1 satoshi until it fits). The later one is rare in which human can't do it, or built-in/well known bot can't or will not figure out how to do it. Given the following complex case:

- Given that for a set of 1000 test sessions with specific odd/ win chance over 100,000,000 rolls of each test session (100 billions bets made), the summarized statistic from the tests are "common - 99%", "rare - 0.75%", "extremely rare - 0.25%" losing streak, you want the bot do the following functions: adjust the betsize that "deposited amount" could sustain rare case and the "reserved amount (additional willing to deposit/lose)" could sustain extremely rare case, ajust the bet size that at the specified rare losing streak (let call it r1, r2, etc..) if you win the r1 streak the profit after that win can help you bet 3 more bets, r1+3 = r4, and so on if you win r4 streak the profit can help you bet 3 more bets r4 + 3 = r7. Or the total profit after winning of 100 common losing streaks can help to sustain up to r1+1 streak.

A question for you to test:
- Given a site at 1% edge, Player A total willing to lose budget is 1.0 BTC and he is betting on 0.5% win chance, scale his budget so that it can sustain 1800 bets.
- Given the same scenario, but for Player B he is richer and his willing to lose budget is 6.0 BTC playing on the same 0.5% win chance, scale his budget so that it can sustain 2400 bets.

I don't think this can be done using standard known calculation method, and certainly, rely on your skill alone can't help you acomplish above calculation or human can't do it. Finally to have the above complex case of betting strategy, you need something which come out from statistic (after numerous of time to do specific test), thus human can't collect that kind of statistic other than using a bot which can log the events.


79  Economy / Gambling discussion / Re: The house edge on: September 19, 2019, 06:40:46 AM
Hello guys,

So I'm interested in gambling sites, to be precise, that have the best user edge and many options like "stop loss" and controls like "auto spin". Which one do you use. I have found some but only that require deposit or shit like that. So I am open for any good advice? And no spam please!

Thank you,
Angell

i believe there is no best gambling site that is best when it comes to house edge and other features because majority of them now are the same  . most gambling sites that i know and visited have all the same 1 percent house edge and i think that is the lowest edge that you can get on a gambling game  , finding lower than that i think impossible because gambling sites will not earn anymore  . its like giving away thier money to the gamblers   . features like auto betting , stop at loss or stop at win is also present    .  you can try clicking on my sig to redirect to bitvest   . you wont regret it
Majority of them would fall in 1% level but there are some which is lower like Bitdice

The House Edge varies across casinos. Our House Edge is the lowest in the industry for games provided by BitDice. It is a measly 1%. And when you take advantage of the multiple bonuses we offer, the edge falls further to as low as 0.84% .

Crypto-games.net has 0.8% too and it isnt impossible to look for these low HE gambling sites yet they do eventually exist.

One suggestion for the bonuses especially bet back and loss back, please make it visible and available on the coin user is wagering. Bind it to bitdice point IMO is bad since it is another kind of holding the fund from being taken back by users.
80  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: September 19, 2019, 02:56:44 AM
I think you must have spent too long talking to The Village Idiot.

The guy has nothing to do here regarding to the topic we are talking about which is the lottery prize being offset for the Lambo. Btw, i take ideas/comments from both sides, you defend your casino, and he is a player which propose something might be hard to be true to the majorities but i am open to that including verify it because i am a player too. Understand that you need to defense your side but calling him, which is your customer, like that is not good Smiley
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