Well, guess not


In other news due to the amount of spam/abuse coming from the tor network, I've unfortunately had to block all exit nodes. Hopefully in the near future, i'll do something a little more fine-grained, like wagering (or deposit) requirements for tor users

I guess you've not played much poker or bustabit =)

In bustabit, you don't need to win against the house. As long as you can win against other players (in the form of bonuses) it's actually possible to play +EV.

See: https://www.bustabit.com/guide  for a really badly written introduction.

I've seen several players over a long period of time be able to make a few bitcoins through smart play. Actually most people don't appreciate the level of depth and dynamics that (can be) in bustabit. Not only in just bonus hunting, but knowing when you can bonus hunt (some period of time, it's not worth even trying) and when you should  (e.g. Normally whales are easy to bonus hunt if you match their bets, but unless you have a huge bankroll it can backfire pretty hard. I saw someone lose ~10 BTC trying this)

So bitcoininformation (Mitchełł) and I have been looking into the possibility of ordering physical bustabit buttons. They would connect to your computer (via USB) and emulate a keyboard with some keystroke that the bustabit website listens to. When you hit the button you could place a bet, or more importantly cash out.

Picture something like:


(but not as cool looking).


The main problem just seems to be the cost of international shipping. If we ordered a few hundred of them, would you guys be interested in buying them for only the price of shipping $5 or $6 USD?

Or does it? I like to think of the small bets like the gentle sound that a fan makes when helping you go to sleep, while getting interrupted by the gang war outside (the big bets).



But being serious, "noise" was probably the wrong word to use. I just meant that the small bets are greatly inflating the total-bet count, which makes the win look a lot less likely than it actually is, all the while actually benefiting investor.

On this app there's been made:

572102 bets @ 0.0001 BTC (on 2x). 282271 have won, and 289831 lost resulting in a net player loss of 0.756 BTC.  
543899 bets @ 0.0002 BTC (on 2x). 269188 have won, and 274711 lost resulting in a net player loss of 1.1046 BTC
277403 bets @ 0.0004 BTC (on 2x). 137664 have won, and 139739 lost resulting in a net player loss of 0.83 BTC
140016 bets @ 0.0008 BTC (on 2x).   69327 have won, and  70689 lost resulting in a net player loss of 1.08 BTC


This sort of general trend continues, unless you get to the bets that have only been done a few times, where the player(s) have got rather lucky

e.g.

82 bets @ 4 BTC  (on 2x). 45 won, and 37 lost resulting in a net player win of 32 btc
8   bets @ 6 BTC  (on 2x).   5 won, and 3 lost  resulting in a net player win of  12 btc


so actually, the small bets haven't really done much but added a lot of noise. The investors would be far worse off without them

Also accounts were carried over to that domain, so it's safe to enter your old username/password =)

https://www.moneypot.com/apps/497-investdice

has resulted in about ~73.5 BTC of investor loses and counting 

In the display layer, all values are floored to the satoshi. This is so if someone has 1.9 satoshi it shows up as 0.01 bits. Even though it's closer to 0.02 bits, it shows as 0.01 to prevent people trying to withdraw 0.02 (which wouldn't be allowed). Internally MP keeps a lot more precision than that.

So the bet in question has **slightly** less EV than 1 satoshi, so the format function is flooring it, which makes it show  as -0.02.  (Actually that's the reason the values above it aren't displayed nicely, so you can see the precise value)

By check, I doesn't mean "check their id", but I mean check some of the network requests and database fields and make sure everything looks normal. Often I chart the bets, and run a few simulations to see how likely it happened. I even have done this a few times on losers, and make sure that nothing is wrong there too. It's a totally non-invasive thing, that mainly happens automatically and you wouldn't know it's happening unless I told you

I never lock accounts while looking into them (they are always free with withdraw, and continue gambling) but it's a completely normal part of operating a casino. It'd be irresponsible if I didn't =)

Yeah, although I'd argue all winners tend to look suspicious. (I've lost my fair share of sleep investigating stuff). I've been looking at the accounts and history, and have no reason to suspect any foul play. Also it's worth pointing out, at once time I saw one of the accounts sitting at -5 BTC in net profit, just he aggressively won it back. Loss-chasers tends to have very consistent returns, until they don't.

Looks like invest dice is continuing the absolute carnage! Well done! And coincidentally, the bankroll is now at an all-time-high. 

We're back in action! You'll need to refresh the page though! Sorry about all the downtime, another OVH problem

http://travaux.ovh.net/?do=details&id=15238

Our gameserver host just took a dive, so I'm moving to a new hosting provider right now. Your money is completely safe, and available to withdraw:

https://www.bustabit.com/withdraw


ETA till I get games up and running again is about 3-5 hours

The issue is that the bonuses are calculated exactly, then rounded to the nearest satoshi. So say someone wins a 1.7 satoshi bonus, that ends up getting rounded to 2 satoshis.

If their bet size was 1 bit, that means they got a 2% bonus instead of the supposed 1.7%  

So it's not really an issue, just a quirk

The FAQ is right, but I'm currently waiving the 10%-net-profit fee at the moment. Once it comes back, it'll use a new high-water mark, and only commissions on profits on that will be charged.

(Originally divesting would reset the profit/loss stats, but as cowbay pointed out that discourages investors from gambling to win back their money. So I've waived the whole thing, until I implement it properly).  And fortunately for investors, my highest priority at the moment is getting a new lottery out the door, and some BaB improvements =)

So enjoy while it lasts =)

https://www.moneypot.com/apps/497-investdice

is on a rampage through investor profits! Players have outperformed the expected 12 BTC loss, by winning 17 BTC!

I've noticed there's been a problem in some of the support form delivery  (remind me to never use email system for support again), and a few support tickets have been undelivered. If you were trying to get in contact with me, could you please resubmit the ticket =)

Thanks yeah, I'll clean that up. MP has a "balance" and "unconfirmed_balance" (which is exposed to apps, too). And I'm just (poorly) trying to explain they move from the unconfirmed column to the balance after 1 confirmation.



Added an issue for that, yeah, tips show up in "all" but don't have their own filter. The difference between "recieve" and "tip" is that receive is on the MP level, while a tip is on the app level. I'll add a specific tip filter. (also really need a app filter too)