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Anyone knows what is APY from bankroll investing after the change to the commission ?
You can piece it together from https://dicesites.com/bustabitHard to predict exactly, but I divested most of my funds, as the returns were pretty low (and put some more in bustadice which had higher returns). Although there can still be some potential. Like on 2022-1-1 I invested 1.03 BTC into the bankroll (all I had in my account at the time) as a whale was playing and was just annihilating the site. Whales often have a tendency to keep gambling until the odds catch up with them, and now, a week later, that 1.03 BTC is worth 1.16 BTC. But that's no where near typical returns, and was really just because I was lucky and timed the investment after the whale had won so much money under the assumption that he'd probably return his winnings back into the site. But yeah, bustabit investing is nothing like the early days  I looked at the above website but couldn`t find a way to extract the data collected. (edit: in second thought I can view the source of the site and copy the data._ also tried looking at https://www.bustabit.com/bankroll_stats.csv, that data is missing the bankroll at the time, but I guess it chnages live every roll so it's hard to give one number. it it fair to say it's low single digits return nowadays? kinda hard to find a way to park your btc today. is bustadice higher return because of the different bankroll and EV compared to bustabit? another question - from the .csv data looks like sometimes commission it taken from negative profit days. is it a mistake? |
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Anyone knows what is APY from bankroll investing after the change to the commission ?
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when placing my seed in Iguana it's says "opps...something went wrong!"
well what the hell is wrong ? I can use the seed in the komodo ICO website and it shows the correct address.
Did you include the spaces between words? I copied it so yes. |
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when placing my seed in Iguana it's says "opps...something went wrong!"
well what the hell is wrong ? I can use the seed in the komodo ICO website and it shows the correct address.
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When is the new whitepaper will be published?
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To take bonus 25% like in first day ICO need only have btcd chepaer than 532 k satoshi.
So anybody who buy this Komodo for BTC was FOOL !!!
This is wrong! For BTCD to be a better way to invest in KMD-ICO than by investing via BTC on day one with 25% bonus you need a BTCD price of 425,6 k sat or lower. So dont worry. You haven't been fooled. You actually made a good deal. The math is: 532k sat divided by 125 percent. Now we have 15% bonus for BTC ICO investors. So the maths now is 532 divided by 115 = 463 k sat. yes but there is a another bonus to the BTCD price at the end if I'm not mistaken. check out their calculator. |
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it was 50% on the BTCD price around august. so it's not comparable to the BTC bonus. |
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The in game csgo skins economy is hugh. Skins have real dollar value according to their artificial rarity in game.
There are thousands of sites to bet or gamble skins.
Also if you sell on the steam market it costs you 15%-12%. But to transfer p2p costs nothing.
A second thing to note is that the sites profit is in skins and in order to
Liquidate skins on 3rd party market you sell them around 75% give or take, so their reported profits is lower.
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bustabit now has a csgo skins version at csgocrash.com.
though about doing it long time ago and finally someone made it.
p.s. are they aligned with your open source "rules"?
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sent bitcoin to the ICO, now after 9 confirmation still don't see it on the ico website. anyone experienced something similar ?
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Hey everyone, yeah, sorry bustabit is getting hit by quite an intense DDoS =o (someone wanting 3 BTC lol). Obviously we aren't going to pay, but might have intermittent downtime while it happens. Now that I'm awake, i'll be able to deal with it a lot better  Thanks for the info! Question about the lotto. This morning I logged on and did !lotto which showed me the lotto stats of 8x cash out with 11 minuets left till draw. Then I did !lotto odds and it shows 14 players in the que. So I set the auto bet to 8x and sat back and waited to see if I could hit x8 in 11 minuets. After 10 rounds I hit the 8x cash out on auto, which I thought should have entered me into the drawing. but when I did !lotto odds. The odds were still the same at 14 players. So my question is if you are playing in auto are you still entered? And if say the cash out is 8x do you cash out at 8x or above to be entered. Any information would be greatly appreciated. Thanks This would be a question for Dexon, he's the one who wrote and runs the lotto so I'm not entirely sure. If you want, just PM me your username and I'll give you the prize =) is he running the lottery from his own funds? if so its very generous of him. Edit: will there be some sort of a referral system, have you ever thought about doing it? |
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I knew I had some holes in my knowledge that seems obvious to you guys by looking at the code and the FAQ couldn't satisfy me.
dooglus, your ELI5 explanation was great, thank you I understood everything perfectly.
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function crashPointFromHash(serverSeed, clientSeed) {
function divisible(hash, mod) {
// We will read in 4 hex at a time, but the first chunk might be a bit smaller
// So ABCDEFGHIJ should be chunked like AB CDEF GHIJ
var val = 0;
var o = hash.length % 4;
for (var i = o > 0 ? o - 4 : 0; i < hash.length; i += 4) {
val = ((val << 16) + parseInt(hash.substring(i, i+4), 16)) % mod;
}
return val === 0;
}
var hash = crypto.createHmac('sha256', serverSeed).update(clientSeed).digest('hex');
/* In 1 of 101 games the game crashes instantly. */
if (divisible(hash, 101))
return 0;
/* Use the most significant 52-bit from the hash
to calculate the crash point */
var h = parseInt(hash.slice(0,52/4),16);
var e = Math.pow(2,52);
return Math.floor((100 * e - h) / (e - h));
}
Or, in English: To get from the sha256 hash to the crashpoint: 1) if the hash is exactly divisible by 101, crashpoint is 0x 2) otherwise crashpoint is (1 + 99e/(e-h)) / 100 to 2 decimal places, where e is 2^52 and h is the first 13 characters of the hash Intuitively: h ranges from 0 to 2^52-1. If h is very small, e-h is very big, 99e/(e-h) is very close to 99, and the crashpoint is 1.00x. If h is very big, e-h is small, 99e/(e-h) is very big, and the crashpoint is huge. 1) How can I divide a hash string by a number or use in in a math forumla? doest hashes have numerical value ? 2) the value of e is generated randomly or its derived out of something ? if you can show me an exmaple of this calculation it would be great. 2) Also how are the odds of X multiplier to appear are calculated ? RHavar: thank you for the explanation that part I understood but you made it even clearer. I dont really know about how dice works at the backend but there is a method used by jackpot sites in the cs:go community where they used a secret string + a random generated number into a hash. they publish the hash and the secret before the game ends, once the game concludes you can take the winning number and the secret string and hash to check if it matches the hash that was published. I can understand that this method is weak because you need to trust the site owners to generate true random numbers and strings. |
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Hi Ryan, I have been trying to figure out the engine behind that makes this game provably fair. I have read the FAQ and the thread about "Fair Seeding Event". I understood that you have generated 10 million hashes (with a private key and the hash from an arbitrary block set in the future). And I understand that you play the game backwards from the 10th million hash to the 1st. The thing I fail to understand is how the bust odd is derived from the hash that is played at the moment. here is a quote from dooglus: Moneypot will play through that chain of hashes, in reverse order, and use the hashes to determine the crash point in a provably fair manner. here is a quote from the FAQ: Third, it works out what the multiplier would be if there was no house edge. I know i`m missing a component/level to understand it and I hope you or anyone else can explain it to me in ELI5 form. |
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Well often sports bookies will limit users to a certain max bet value, does it happen in dices? I have no clue but I can guess that no because it's a game of luck more then skill (sports betting takes some skill).
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This is just a heads up. I've been waiting for more then 2.5 hours for a withdraw to confirm. I'm posting the txid to see if anybody can see why its taking so long.
txid: e5a361b7da376bcf7f9575e1a16414faac6261f850740dabf9d9f6c0f1b445ed
I think I've explained it already a couple times why on support, but it's because after that transaction was sent a flux of new transactions have come in with higher priority, and backlogged it. I promise you'll get your money, and I even created a conflicting transaction for you with an *extremely* high fees: https://live.blockcypher.com/btc/tx/c0c364ec8bfee5059f6cb4a3fe1578643ce5bce43b2f5510d25822364732ff59/There's nothing else I can do, and you just need to be patient, and I promise you'll get your money. Incidentally, once 0.12 bitcoin comes out, this will be supported much better and won't be a problem. I just want to say... this is ridiculous (not you, the backlog). 0.002+ BTC fee on a somewhat small (byte-wise) transaction and after 7 hours it still has ZERO confirmations? Wow... few weeks back I had to wait 14 hours for my transaction to show ! |
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Hi Ryan, can you please explain the idea of the max profit, how is it calculated and effect the multiplier ?
Not Ryan, but I think I can answer it. The max profit is a number calculated by the height of the bankroll. Bustabit calculates the max profit by the kelly criterion. That basically means you can win (i believe it is this number now) 3% of the current bankroll of the site. It does not affect the multiplier at all, except for the following: If everyone combined bet 2 btc on a max profit of 10 btc, the game cashes everyone out that is not yet cashed out when the profit of everyone combined reaches 10 btc. To make it real simple, let's say you are the only player playing currently. You bet 1 btc with a max profit of 10 btc. If you keep it running, the game will cash you out at 10x multiplier. Even though the multiplier could have gone higher. Thank you man, your explanation was very clear. At first I though that it affects the multiplier. Ryan can you please explain if you have time how would you use kelly criterion in order to calculate the max bet? |
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Hi Ryan, can you please explain the idea of the max profit, how is it calculated and effect the multiplier ?
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I think that in the future we will all have those kind of stories where the bitcoin price will be very high and you will look at your bitcoin purchases and discover you bought overpriced stuff.
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I wonder if they hodl their bits will the demand for bitcoin cause the price go up or the current bitcoin in circulation is enough to satisfy demand.
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