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Right now, the stat on dashboard is even more impressive for gamblers. From Bet ID 4910 to 4983, 50 bets have been placed. Within this range, BTC 0.40999977 has been wagered and BTC 0.5154958 has been won through 6 distinct win. This is more than 125%. Now that many casinos accept altcoins like XMR or ZEC there is less demand for anonymous onchain betting websites such as this.
BTC is BTC. XMR or ZEC will never get its place. If there is so much to win, why are you not playing this game? In the last two weeks there were only three bets and all of them are lost. |
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Winning rate 10/16 but payout x10  The winning rate is 1/16 and the payout is x10  like i said, scam by design @MarbleBoss aka chain-bet: please don't start another discussion. Your game is scammy crap! Have u been to any casino at Vegas or Macau? There are many tables where the winning rate is 1/10 and the payout is x2. They're licensed and get audited as well. No one dare to call them scam. The reason I mention this is because there is nothing scammy in running a game with low winning rate. Gamblers do not gamble only because of the winning rate. There are many other factors that makes them decide where will they throw their money at. That is true, but I assume most people here primarily gamble at online Bitcoin casinos where winrates and odds are better than what's offered in real-life casinos and even here. Not exactly an apples-to-apples comparison here. Low win rates absolutely do affect where people gamble, however. I would gladly spend money on a game that is enjoyable but has low win rates, but in this case this game is nothing special and offers no new features I'd be willing to pay for at the cost of a lower chance of winning compared to another blockchain-based game. Is there really any other proper blockchain based game? If yes, what are those? No! This is the only one and you should spend all your money in it! If you want to get rich.. this is the way to go! |
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Winning rate 10/16 but payout x10 The winning rate is 1/16 and the payout is x10 like i said, scam by design @MarbleBoss aka chain-bet: please don't start another discussion. Your game is scammy crap! |
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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... I'm tired of discussing that with you. If you don't get it, just be quiet |
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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. 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 second, this game is scam because of a almost 40% house edge.. here you can only loose |
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This game is just scam by design
How? By design |
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This game is just scam by design
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Nice try, alt account of "Bitcoin Gambling" |
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I think this is no different than the slots you find in casinos or those video poker machines in some bars.
Basically the house edge is clearly a rip-off but people are still playing their game.
All they need is a few gamblers a day and it's goodnprofot for them.
I dunno how house edge is calculated. I check winning % in bet history. Right now, there are 5 10x wins out of last 50 bets. Which means, winning ratio is 50:50. Is not it good? Moreover, dice sites, that require user to sign up, may track betting pattern of a gambler and generate random numbers accordingly. This probability is absolutely non-existent in this game. Most of the wins on the bet history are from the site administrator himself. Just look at the history of this site. The site operator tried to lure in some gamblers with his so called 0% house edge. After some people started to play and lost lots of money, he changed to 37% house edge and also reduced maximum betting amount. Chain-bet.com just scams you in a very clever way.. so be careful |
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Is this game still working?
No it's not. I think they closed their doors |
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All the coin ceased to pump up the whales. Or will we see another price of 7$?
I think it will shoot to 100$ at the end of this year |
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Maybe the design flaw is your stupidity? The iota wallet and network however are secure. You can't blame iota if you disclose your private key
What is actually your contribution to this whole issue? Other than calling people stupid? Crawl back in that hole you came from, fanboy, if you have nothing to contribute. My contribution is to correct your claims because most of them are simply not true. If someone asks you for a proof to your claim you only tell them they should open their eyes or they are fanboys. Btw. I don't call people in general stupid.. It's just you I'm calling stupid because you have proven your stupidity with this thread. |
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But information security elements such as a simple password protection of your wallet were and are still completely ignored.
The IOTA Wallet is protected with an 81 character long password. Is that not enough for you? That is not a password, it is your private key. But nice that you mentioned it, proves only that you guys are not aware of the design flaws and immanent danger to lose all your money. Maybe the design flaw is your stupidity? The iota wallet and network however are secure. You can't blame iota if you disclose your private key |
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This thread gives a lot of false information that OP is spreading.
You can stop trolling now, fanboy. What exactly is incorrect in the original posting? Your initial post is like all people have lost their coins. That is not true, hence false information You are not safe, even if you did not use any seed generator. I explained that already. There are 2 things, authentication and authorization. Right now you can only use a seed which is your private key, to login to your wallet, authentication. There is no way to protect this seed. That would be authorization, or put it simply, a password. IOTA does not have that simple but necessary functionality.
This is not true. You are only in danger if you used online seed generators. While that is true in general, it is not for IOTA as the private key aka seed was compromised in thousands of cases. Perhaps 90% of all wallets used these online seed generators.
This is also false information. There were 4 million Dollars stolen. This is not 90% of the wallets. Check line 527 at the link you were posting https://docs.google.com/spreadsheets/d/1IOpYdi8x9R0ivpC2Fl75N9iVDXo82py0yybC9nsxV-I/edit#gid=0If one would have kept IOTA on the exchange, no seeds would have been created and the funds would still sit there.
This is not ture as well. You should do some research before you claim such things Always if someone says anything against your claims you call him a fanboy which also might not be true. And last but not least, you can stop posting with all your newly generated double accounts. @runz fanboy Read it again, and take of your pink sunglasses. And stop smoking, needless to say  LOL, that's all you can say? Try again.. |
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This is crazy! IOTA should be more concerned and careful about their users security. It should be their top priority.
What could IOTA do if the users give their login credentials to third parties? The breach was not about users giving their login credentials away. The problem was not having an official solution to generate seeds, forcing users to look forward to third parties solutions. Random seed generation with command line (linux or macOS) was not an option for the most part of users. Offline seed generators (javascript wise) were widely accepted as tolerable practice. Now that sh*t is done, all sorts of genius come here to criticize layman investors and pose as daddy knows it all. If you use online banking, is the bank generating the password for you? Do you use online generators for that as well? But you are right. This would not have happened if the wallet would generate the seed for its users. The wallet is not foolproof yet. |
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This thread gives a lot of false information that OP is spreading.
You can stop trolling now, fanboy. What exactly is incorrect in the original posting? Your initial post is like all people have lost their coins. That is not true, hence false information You are not safe, even if you did not use any seed generator. I explained that already. There are 2 things, authentication and authorization. Right now you can only use a seed which is your private key, to login to your wallet, authentication. There is no way to protect this seed. That would be authorization, or put it simply, a password. IOTA does not have that simple but necessary functionality.
This is not true. You are only in danger if you used online seed generators. While that is true in general, it is not for IOTA as the private key aka seed was compromised in thousands of cases. Perhaps 90% of all wallets used these online seed generators.
This is also false information. There were 4 million Dollars stolen. This is not 90% of the wallets. Check line 527 at the link you were posting https://docs.google.com/spreadsheets/d/1IOpYdi8x9R0ivpC2Fl75N9iVDXo82py0yybC9nsxV-I/edit#gid=0If one would have kept IOTA on the exchange, no seeds would have been created and the funds would still sit there.
This is not ture as well. You should do some research before you claim such things Always if someone says anything against your claims you call him a fanboy which also might not be true. And last but not least, you can stop posting with all your newly generated double accounts. |
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I can assure you that this will never happen, yobit is the worst exchange where you can deploy your coin. They will never update a wallet unless you pay them.
Well, they replied to my ticket in reasonably short time, so they are doing something. Perhaps more people should make some pressure and open support tickets to fix the maintenance for IFLT. Oh shit, you lost more coins? |
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This is crazy! IOTA should be more concerned and careful about their users security. It should be their top priority.
What could IOTA do if the users give their login credentials to third parties? |
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