first of all, I don't have to return 0.57 btc because, as you know chain-bet refused to pay my winnings. Its more like chain-bet owes me some btc
WTF? U seem to be a compulsive liar, who is now trying to distort the fact. Your winning was 0.57 BTC, which was sent to you twice, i.e. a total of 1.14 BTC. So, u were already owing 0.57 BTC to the house. Next chain-bet blocked a winning of 0.285 BTC of yours. So, you still owe (0.57-0.285) BTC, i.e. 0.285 BTC to the house. Below is the quote where u are admitting the fact yourself... All u have stated here are correct. You won a bet which was pending because the hot wallet did not have enough balance to pay u off. But, before we refill the hot wallet, we checked our previous payments and found something strange. In a previous winning of 0.57 BTC, the amount was sent to you twice! Yes U. Because, IP address from where that bet was placed and this one is same. That has made us to withheld your latest winning bet of 0.285 BTC. You received 0.57 BTC twice at this address - https://blockchain.info/address/1NYbyQ44JLnZPK9uugF7rGSbVfRsqcP42y. That may be true. But it is not my fault if your system is failing. I consider this double luck Because I was continuing playing your game I have already lost that amount. But anyway, I took big risk playing that game and I could have also lost all my coins. I think now it's time to just stop playing your game and move on to a bigger and more reliable gambling site like a lot of people mentioned in this thread. I wonder, why chain-bet has not opened a scam accusation against you as of yet. I think, they should do it at the earliest. second, this game is scam because of a almost 40% house edge.. here you can only loose
This allegation has already been rebutted multiple times. It is up to the game owner and the investors to decide at what house edge they'll run a game. If the game is provably fair, you have no right to object. No one is forced to play the game. U have absolutely no authority to decide what house edge a game should have. Calling it a scam is actually scammy itself. |
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This game is just scam by design
How? By design Please explain. Why r u even wasting time by arguing with this scammer? I guess, he has not yet returned the 0.57 that was sent to him twice by mistake. Better design a dashboard to monitor our investments in the bankroll. |
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Is this game still working?
No it's not. I think they closed their doors Please check https://www.chain-bet.com. Looking at the dashboard, it should be pretty clear to anyone that the game is working as is. It's incredibly stupid to play on Chain-Bet right now though, with a 37.5% house edge. Even the owners know about this, and the claim that the fees are too high just don't cut it when you use 9 sat/byte.So, it should be incredibly clever to invest on Chain-Bet bankroll. If u think so, u may head on to this thread - https://bitcointalk.org/index.php?topic=2239307.0. |
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Is this game still working?
No it's not. I think they closed their doors Please check https://www.chain-bet.com. Looking at the dashboard, it should be pretty clear to anyone that the game is working as is. |
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If u r planning to use Bitcoin blockchain for RNG, then u should check https://www.chain-bet.com for once. They have a fantastic use case. |
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What if last bet fails but the rest have been won, will the system take back you profit that has already been made?
Each and every bet is independent of each other. If u can correctly predict the last digit of a block hash, that confirms your bet, u'll get 10x of your bet amount. Simple. |
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Ouhh I see, you profit from the people that are beeing scammed. Now, u r being funny. When they were running with 0% HE, I was mostly losing, while u were most likely winning. So, according to your logic, at that point, I was being scammed by you. The problem here is, that I advertised chain-bet before and told people that this site is a better choice than other gambling sites... but that is not true anymore. It turned to scam people with a 40% HE.
The opposite is most likely true. You are milking this game for a long time, while telling people that it is a scam. I have mentioned your previous fake claims in a post above. You even called the gamblers retard, who are playing in here. Now, you are attempting to blackmail the game as well as us, the investors.
The fact is that chain-bet started with 0%HE so that gamblers start to play. After they got some people who play their game and don't watch this thread every day, chain-bet changed their rules... If you don't believe me, look at their board... there were a couple of bets higher than 0,01btc and they just got cut off. This proves that gamblers are not aware of the change and chain-bet steals their money!!
Now, u r either being an ignorant or pretending to be one. Before posting in the thread, the game itself was updated. Minimum & Maximum bet amounts are not only written in FAQ, but also mentioned when an address is generated. They also made a tweet regarding the same - https://twitter.com/Chain_Bet_/status/930065571433066497. What more a site can do to inform their players regarding a change? Are u expecting them to personally call up the gamblers? But this has nothing to do with me or if I pay back double winnings..
Then, why not return 0.285 BTC to the bankroll and then bring in allegations? So you suggesting that I should return the amount to the scammers wallet? Is it because you make more profit then? The loss was assumed by the house and we, the investors, did not need to bother about it. So, if u return the 0.285 BTC, that u scammed, I, personally, wont make any profit. I am curious what you say to this post  I think you will not answer anymore  I am not an escapist like u r. But, as your arguments are failing and u r trying to portray large HE as an indication of scam, u may or may not get any further reply. |
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I see you put a lot of efford into quoting my previous posts.
Yah. I dont argue without proof. But this has nothing to do with me or if I pay back double winnings..
Then, why not return 0.285 BTC to the bankroll and then bring in allegations? Do you know any other honest gambling site that charge 40%HE?
I dont know any other honest gambling site that ran for almost six months with 0%HE either. Nor do I know any other honest gambling site that relies on random numbers generated by bitcoin blockchain. I heard that, BIG gambling sites do behavior mapping of long standing gamblers to generate random number and hence gamblers lose even with so called low HE. This is more like the investor based games => chain-bet = 40%HE = investor based games = scam
LoLz... Now, I doubt whether u understand the very concept of HE. U can not calculate HE of investor based games. They run on the fundamental principle of Ponzi, where an early investor is paid by late investors. It has nothing to do with gambling and hence your comparison does not stand. Since you call yourself MarbleBoss.. Would you really play this game with its current setup?
I used to play when it was running with 0% HE. After that, when they asked for investment from private investors (Ref: https://bitcointalk.org/index.php?topic=1643248.0), I joined them. Never regretted my decision. |
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People who are still playing this game with a multiplier of 10x must be not aware of the change or are complete retards.
So, almost six months back u advised OP to close his site... It was between 0.004 to 0.02 btc. I was playing this game sice December 2016 and what I saw there were only like 10 bets from other people since I started playing. With new regulation it makes no sense to me to play any further. I think most people will think the same and OP can close his site.
...and now u r calling the people playing here are retard!  Also the decision of OP to reduce the multiplier that much is just scam. He uses the good reputation of this site and makes it to 40%HE game... I'm speechless
How funny! First, u refused to pay back 0.57 BTC that was sent to u twice by mistake and called it a scam... Ouch now chain-bet.com is scamming!
I consider this double luck
Simply, I do not have this amount left. Maybe it is better that I can not play at this site anymore.. This game made me kind of addicted  Now, they have lowered their winning multiplier and its a scam again? A game can run with whatever house edge they want, as long as the gamblers are aware of it in advance. They are not holding any gambler as hostage to play on their site. Looks like, u have a tendency to call things scam, if u can not milk it out in your favor. Plz grow up. |
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Anyone who Gained profits for program
If u look at the last 40 bets as visible on the board, a total of 0.675 BTC have been won as against 0.6455 BTC wagered. So, on an average, gamblers are on profit right now. |
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Due to increase in average cost of confirming a Bitcoin transaction, we are hereby increasing transaction processing fee from 0.0004 BTC to 0.001 BTC. At the same time, minimum bet amount is being raised from 0.0005 BTC to 0.002 BTC. We understand, this might impact small bet amounts, but to ensure faster processing of bet forwarding Tx and winning amount sending Tx, we had no other way. Sorry for the inconvenience caused. https://twitter.com/Chain_Bet_/status/870375527063801856Dude, are you serious So, as your only real player I can say I didn't care if I have to wait hours until bets confirm. I can check if I won or not by my own and wait for payout. But with this high fee the bets of today were my last ones. I liked your game but now I say byebye. You can write me a pm if you change it back in the future What was your average bet size? It was between 0.004 to 0.02 btc. I was playing this game sice December 2016 and what I saw there were only like 10 bets from other people since I started playing. With new regulation it makes no sense to me to play any further. I think most people will think the same and OP can close his site. I'm not encouraging u to gamble, but if u bet within the range of 0.1 btc to 1 btc, u probably get better house edge here than anywhere else. |
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Due to increase in average cost of confirming a Bitcoin transaction, we are hereby increasing transaction processing fee from 0.0004 BTC to 0.001 BTC. At the same time, minimum bet amount is being raised from 0.0005 BTC to 0.002 BTC. We understand, this might impact small bet amounts, but to ensure faster processing of bet forwarding Tx and winning amount sending Tx, we had no other way. Sorry for the inconvenience caused. https://twitter.com/Chain_Bet_/status/870375527063801856Dude, are you serious So, as your only real player I can say I didn't care if I have to wait hours until bets confirm. I can check if I won or not by my own and wait for payout. But with this high fee the bets of today were my last ones. I liked your game but now I say byebye. You can write me a pm if you change it back in the future What was your average bet size? |
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It's a shock somebody like you used to be DT1.
I was on DT because of my reputation of being a trustworthy man not because of my language or race. You can see my localbitcoins profile here https://localbitcoins.com/accounts/profile/escrowmsa/I went to Jail due to same reason, If I was a crook and was involved in a crime, I would have flown away with millions. But no I was at my home when police literally kidnapped me from my home and asked my family to not contact local police, they asked me if I have CCTV installed at my home, which I didn't had. According to chargesheet I was not arrested from my home, I was arrested from India Gate, where I've never went in my whole life. Now you can imagine how corrupt Indian police is. I have learned one thing in Jail that being silent is a sign of cowardness. If you want to survive you have to fight or you will die. I have two questions... 1. I think, a similar incident happened to a person named Mahin Gupta, who is currently CTO of ZebPay. His bitcoin trading volume was most likely bigger than u. But, there was no arrest etc. for him. So, why administration was so strict about u? 2. Media reports that u transferred coins to someone name Sumair Sheikh in Dubai. Did u get to know this person on Bitcointalk? |
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As per my experience, the Tx appear on dashboard only when the forwarding Tx gets confirmed. You'll find each and every bet you have placed have been forwarded somewhere. Check if that forwarding Tx has been confirmed or not. It is a slow game, but not a scam. You should make it more clear in here so users don't make any more than 1 bet per address.
What do u mean? The following is stated both on OP and their FAQ...
3. Can I generate multiple addresses and send bitcoins to them in a single transaction?
No. Only the amount sent to the first address generated will be considered as bet and all other amounts sent in that transaction will be considered as donation.
4. Can I send multiple transactions to a single address?
No. Only the first transaction received by the generated address will be considered as bet and all further transactions will be considered as donation.
Whenever an address is generated, the following notification is given... Please send only one transaction to the generated address. Only the first transaction received by the generated address will be considered as bet and all further transactions will be considered as donation.
What else the site operator can do to make this rule more clear? If someone still make mistake, it is not a mistake. It is deliberate attempt to disrupt normal operation. Right now I think you should just send him back the 0.01 BTC since its a large amount and since his bet was also 0.01BTC, why would he want to donate 100% of his winnings, it doesn't make sense.
It seems he placed two bet of 0.01 BTC at the address 1LYgyFk9X8y3dD7uQVhmGiGhC9acXzrJLo with option 'c'. As per Bet ID 1876, last digit of the block hash was '0'. So, he lost both. Should not get anything back. |
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This game is running for almost a year now with 0% house edge! This is fantastic.
I think, it is time other gambling games offer 0% house edge as well.
Did you ever played this game? Yep ...played there multiple times. |
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This game is running for almost a year now with 0% house edge! This is fantastic.
I think, it is time other gambling games offer 0% house edge as well.
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Also, they do have an house edge, since they take BTC from your original bet. Send 0.01BTC? It's a 0.0098BTC bet to them, which adds up to a house edge. The house edge varies based on bet size, but there definitely is a house edge.
You are confusing House Edge with processing fee. As chain-bet.com is a blockchain based game, they deduct BTC 0.0002 to cover their mining fee. This deduction is clearly stated when u generate an address as well as it is mentioned in their FAQ. Especially, now, as the Tx fee pressure is rising, I wonder, how they still cover with such a low fee! On the other hand, House Edge is simply the probabilistic edge house enjoys over gamblers, which has no distant relation with processing fee whatsoever. |
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