Ouch. Bad news, I picked paper

Proof:
sha256(paper|234alsdkjfsalty) == 9ed48f503f21c4b9e4b873e39b53ad45d8f397cbff69c97c73f9e25b89e9f64c



Oh well, at least you got 10000 bits which I have credited to your account 

<3 My favorite type of gambler, someone who has fun regardless of the outcome.


So for fun, let's play a game of rock-paper-scissors: If you win, I'll give you 0.2 BTC. If you tie, I'll give you 0.1 BTC, and if you lose you get 0.01 btc.

To prove I can't change my result, here's my sha256 hashed (and salted) pick: 9ed48f503f21c4b9e4b873e39b53ad45d8f397cbff69c97c73f9e25b89e9f64c

So now pick between rock, paper or scissors (and let me know your bustabit account name to credit you). Guess wisely  

There's no need to announce stuff like that, removing access from people who no longer need it is considered a best practice, and has absolutely no adverse affects on anyone. Removing access doesn't imply that they did it because the person did something wrong, or anything like that.


You might want to also just filter out all bets < 100 bits or something, as they'll just add background noise and be annoying and slow to work with


Nor do I, unfortunately. I did find this chart I made from a bit before the sale though: https://i.gyazo.com/041bb7932ebd9bc346ea1c88ddb6a1b9.png

(and there you'll see the strong negative correlation between investor profit and wagered like I was talking about in my previous post)

For anyone interested in this stuff, this is an interesting paper worth checking out: https://lab.getmonero.org/pubs/MRL_Monte_Carlo_Edition.pdf


Although, a far simpler thing I think that would make sense to look at would be the correlation between site profit and volume. It's been my observation that the two are strongly inversely correlated with each other. Generally when people are doing well, they gamble (a lot) more, driving volumes through the roof -- and tend to be happy customers that come back. And likewise when people are doing poorly, they tend to not gamble much.

These type of threads tend to just attract spam, but I'll try avoid that by recommending some other sites I've played at, had good experiences, been able to verify the games (and have no financial motive to promote):

primedice.com (only has dice, but probably the most trusted bitcoin gambling site)
betking.io  (although currently down)
bitdice.me (i think has the biggest limits at the moment, and the ability to invest)
fastbets.io  (not that popular, but looks pretty and I like how they try build new interesting stuff)
nitrogensports.eu  (sports betting, but only used them a couple of times. I'm not much of a sports better)


Disclaimer: I haven't really been lately trying new casinos, so I'm probably missing out a ton of great new casinos

For people interesting in bankroll investing, another thing to look into is margin lending on some of the exchanges. I started about a week ago on bitfinnex and have so far averaged equiv to ~11% p.a.  Not entirely sure this justifies the counter party risk (after all, if they get hacked again you're pretty screwed), but it's a pretty viable thing to look into if you want to increase your diversification  

Another huge bustabit winner:



That's 201 BTC, but most impressively that's a recovery from previously -82 BTC.

Well that's the skill part, knowing to do that. There's a bit of a metagame though, for instance if someone is aiming at 100x, i know their chance of cashing out is only ~1% so I wouldn't try cash out after them, but I'd be better off cashing out early to secure the bonuses in the games they don't cash out.

Also the bonuses are % based, so it's equally fair no matter how big of a better you are -- you don't need to be the highest bettor (although sometimes it can help beef up the bonus pool).

https://www.bustabit.com/calculator

The "1% skill" part comes from ~1% of the game is bonus based. For every 100 BTC that is wagered, on average the site gives out 1% in bonuses. The bonus part is skill based in the sense you can compete with other players for it (see: bustabit.com/faq#fair)


Actually the house edge is quite a bit lower than 1% (see: bustabit.com/faq#odds). The skill based part doesn't really impact the house, as it's actually a purely pvp component (players fight amongst themselves for it)

For what it's worth, bustabit is one of the most transparent gambling businesses out there.  You can see bustabit.com/stats with it presented over time by some sites like thebitcoinstrip.com But unfortunately there's nothing like FDIC-insured bitcoin casino accounts

Yeah



There's no real regulatory oversight to bustabit, but if you did have a problem and wanted to take it up through legal channels, it'd be done in Costa Rica.  I'm pretty confident you won't have any problems though, the site does a huge amount of volume (average ~2000 BTC a day?) and has remarkably few complaints (probably less than a dozen cases in the entire history of bustabit that haven't been amicably resolved). Yesterday the site paid out 300 BTC (more than it took in) without holding any withdrawals for even a second.

Wow, we have a new #1 by net profit:




Yup, that's right: LosDeXibalbaMC has won 286 BTC 

It's almost certain you have malware on your computer (possibly a malicious browser extension?). Bitcoin addresses have a checksum so no copy-and-paste error can cause that.

I can't offer refunds (the money never even went to me), I doubt coinbase does either -- but you could check with them. I'd make sure to check your computer pretty throughly as fortunately this was just a very small amount of money, it could be a lot worse

@JackpotRacer I've asked you before, can you stop bringing me into this. I really don't support you. I forgot the context, but it's how I felt about how he was acting at that particular time about that particular thing (and something I should have probably kept to myself). You on the other hand seem to consistently act brain-damaged in all matters. Besides wasting everyone else's time with your crap, you're also wasting your own. Do you really have nothing better to do with your life than be a blight for years?

Seriously, move on with your life. Do something productive. Take up a new hobby. Volunteer in a soup kitchen. Play with lego. Seriously.

That transaction isn't sending money to a deposit address (neither 1AG1Tww6N3WS2AB2RWzDJ8EdqS4Y4QgNXw  or 1P6Di7brhBRvqywGcjQnA6hUC9ibc3UCJS is from bustabit).

If you're having issues, please use bustabit.com/support and i'll be happy to help

Last time this was posted, the site was just a front-end copy with absolutely no functional backend (that's why they removed the faucet). When ever you tried depositing it would always give the same deposit address, which was just a static address owned by the scammer.  I can't be bothered to check if they've changed anything since, but regardless stay very far away

Yeah, your method seems fine. Although since it's such a large amount of money, I'd also add something like a "<2years> CHECKSEQUENCEVERIFY" that allows some escrow-agents to resolve the dispute if the two parties don't 2-of-2 sign before then.


You'd also probably want to do a coin-join style send to the escrow address -- just so the first sending party doesn't risk getting trolled and have their money stuck in limbo

No problems, posting it on reddit is fine with me. Maybe one of the prediction sites can even turn this into a bet =)

Excellent, sounds great to me. I'm ok with 72 blocks being considered a "fork attempt". I've PM'd a link to this conversation to Dooglus and will fund it when/if he posts an address. Want to do more than 1 BTC by any chance?

The terms are rather unfair to me (e.g. if the fork happens just before the deadline, then it's impossible for the minority chain to mine 2100 blocks) but I'll overlook that. As long as I also win if BU makes a failure of its fork (i.e. after some time miners realize the BTC chain is worth more, with lower difficulty -- so they switch back). In that circumstance by the end of the year BTC will be the fork with the most proof-of-work, even though at one time it was a minority.

Anyway, I'm happy with 1 BTC and will go as high as 100 BTC.  May I suggest Dooglus as an escrow, but I'll take anyone of the standard escrows here.