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Can you posted a signed Bitcoin address showing a reasonable bankroll to prove solvency. All you need to do is post an address and just sign it with your sites name and date.
You say that the max bet is $5000 USD so I am assuming you have at least 1-2 BTC in cold storage somewhere. However a safer amount would be maybe around 5 BTC given that in a single moment there can be more than 1 person betting the max amount of $5000 USD and after a few wins might clean out the casino and withdraw.
If they withdraw and you don't have the funds you will need to send the funds from your customer deposits and if everybody decides to one day withdraw everything you won't have enough BTC in your hot wallet to process the withdraws. So please post a BTC wallet proving solvency.
Even more if they want to statistically mitigate risk as much as they can. They'd need roughly a 120-150 BTC Bankroll for a safe $5000 (0.7 btc) max profit |
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OP Edit Provably fair out of your site until you fix it with at the very least using Random.org tickets as an external random source.
It's extremely misleading to say this is what provably fair is, and it's not acceptable in a PvP site.
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What external source of randomness are you using? Doesn't seem to be provably fair. Read up on our post regarding this if you are confused what I mean by this : https://bitcointalk.org/index.php?topic=5194336Also this isn't an attack, just trying to understand if there's something I missed here that makes it provably fair. I haven't really tested their provably fair extensively but at the first glance it looks like your standard server hashed/client seed combination and they do not use any external randomness sources not sure about the nonces though , and didn't find how to change the client seed here is the screen of their PF section :   if anyone would like to check their provably fair and post it here , will be appreciated They have no external source of random in their PvP site. Meaning it's possible for the casino to : - Create games with a skewed outcome - Join games knowing the outcome (i.e only games they'll win if they join) |
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Hello Ringg, appreciate your reply.
We have started our inital launch earlier, and we have enough bankroll to keep our casino functioning without any issue, even with a low house edge of 0.5%.
The 0.5% House Edge is a promo, which will only last till the end of this year.
Do you mind answering my question? What's the Bankroll, or at the very least what is the max I'm able to bet and win? |
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What external source of randomness are you using? Doesn't seem to be provably fair. Read up on our post regarding this if you are confused what I mean by this : https://bitcointalk.org/index.php?topic=5194336Also this isn't an attack, just trying to understand if there's something I missed here that makes it provably fair. |
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What's the bankroll?
Being a seemingly newer casino, are you able to sign a message from your (cold storage) to prove solvency?
These obviously aren't requirements, just tips to gain trust easier and possibly get traction from larger gamblers on your site.
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I believe Stake.com has live betting options now (Sports betting)
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Roobet claims to operate under the 365/JAZ license!
Game Protect currently handles several cases where casinos claiming to operate under the 365/JAZ license scammed its customers!
The 365/JAZ license issuer does not supervise roobet.com and is not willing to take responsibility for scammed customers!
Serious question for you, Do you have any proof that you personally actually got anyone money from websites? Verified proof, not just your word. I have played at roobet for the last couple weeks here and there and won a bit, withdraws came without any issues. So far all looks fine minus a couple bugs that need fixed but nothing that has to do with the casino being provably fair. Every time I check game-protect's trust, it seems to exponentially increase negatively. I think at this point it's fair to say anything he's stating is only to promote his own shady business model of putting unnecessary fear into sites players, pushing them to his service when they lose. |
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You missed the opportunity to brand roulette as "Roolette" Fix now D:
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How do calculate those sums? Do they pop in to your head or do you use a calculator? I thought I was fairly good at maths so would like to know the answer  1.5% of the total bankroll: 6438 and some change * 0.015 = 96.58 (50 * 96.58 * 1.02) — (50 * 96.58) = 96.58 If in such a scenario the game multiplier were to reach 1.03x, bustabit would be risking not 1.5% but 2.25% of the total bankroll. max bet has increased to 97.09 now but the principle remains the sameWouldn't the max bet just result in auto cashout around ~1.5? (Due to max profit being hit) |
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Very nice UI design, congratulations on the sites success.
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As others have criticized, could you be a bit more transparent on your ranking methodology?
If you're truly trying to promote the top 10 casinos, you should be factoring in their trust, provable fairness, support, etc, not whoever has the highest wallet to pay for the top spots.
Hope you understand where I'm coming from here, thanks.
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I'll probably throw a bid if this auction is still up when our sites closer to release.
This will likely take another few weeks though, my apologies if this is a bit too long.
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How many posts do you typically make monthly?
Is there any guarantee on said amount
Do you know who he is ? He is a Global Moderator. Even his few posts are more worth than the tons of posts by the ordinary members. I'm aware of the added status. It's clear his posts will be viewed at a higher value due to this, I don't think it's wrong to ask the number however. This would be a very different auction if he said he will not be posting for the next month while this ad runs, or if he's posting 10 times a day |
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Love the interface, color choice is pleasing to the eye.
When you place a bet though, does it lock in the current Bitcoin price after the round commences / betting time is up?
I hope so, otherwise in theory it seems you can just chose the more likely path based on what the price movement has been since the initial BTC price call.
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Glad to see an organization such as this in the gambling scene.
I think while striving for transparency and provable fairness with the gambling scene is a great thing,
You should also be transparent as possible with the approval process so when users see a site with the operator seal it's evident exactly what standards they're put up against.
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How many posts do you typically make monthly?
Is there any guarantee on said amount
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I don't understand the people who call BaB rigged.
I don't think most people realize what provable fairness is, and that it serves a very important purpose.
You should have an understanding of how the sites provably fair methodology functions, and verify the games yourself if you're skeptical.
Or like most, ignorantly call it rigged yet continue playing on the site.
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