Man this site gets beaten! Almost 50 btc paid out today. Stunna I sincerely hope that's not out of your pocket again.

I love this concept! Good job guys!

Bitcoin opens up the gambling market for American players who can't play using their US Dollars 

Not sure if it qualifies, but it definitely stimulates spending.

Since we haven't implemented a public payout history yet (which we will do as we see you guys are going crazy about these statistics), here are the payouts to players we did for the past week:

Unique Id   Event Date                    Type        Amount   Status
1753   Fri, May 24, 2013 at 11:00 PM   BitCoin   8.00   Completed
1749   Fri, May 24, 2013 at 06:17 PM   BitCoin   5.00   Completed
1748   Fri, May 24, 2013 at 05:37 PM   BitCoin   5.00   Completed
1747   Fri, May 24, 2013 at 05:07 PM   BitCoin   40.00   Completed
1745   Fri, May 24, 2013 at 02:02 PM   BitCoin   61.00   Completed
1742   Fri, May 24, 2013 at 09:45 AM   BitCoin   30.00   Completed
1737   Fri, May 24, 2013 at 01:11 AM   BitCoin   114.00   Completed
1733   Thu, May 23, 2013 at 11:27 PM   BitCoin   338.20   Completed
1729   Thu, May 23, 2013 at 10:31 PM   BitCoin   2.00   Completed
1723   Thu, May 23, 2013 at 06:54 PM   BitCoin   56.00   Completed
1719   Thu, May 23, 2013 at 06:18 PM   BitCoin   54.00   Completed
1715   Thu, May 23, 2013 at 03:44 PM   BitCoin   1.00   Completed
1709   Thu, May 23, 2013 at 02:42 PM   BitCoin   3.00   Completed
1707   Thu, May 23, 2013 at 02:27 PM   BitCoin   60.00   Completed
1703   Wed, May 22, 2013 at 10:54 PM   BitCoin   6.00   Completed
1443   Wed, May 22, 2013 at 06:11 AM   BitCoin   100.00   Completed
1442   Wed, May 22, 2013 at 06:10 AM   BitCoin   18.00   Completed
882   Mon, May 20, 2013 at 03:00 PM   BitCoin   4.00   Completed
879   Mon, May 20, 2013 at 12:33 PM   BitCoin   1.00   Completed
877   Mon, May 20, 2013 at 06:25 AM   BitCoin   2.00   Completed
864   Sun, May 19, 2013 at 06:55 PM   BitCoin   50.00   Completed
858   Sun, May 19, 2013 at 12:50 PM   BitCoin   30.00   Completed
844   Sun, May 19, 2013 at 12:39 AM   BitCoin   15.00   Completed
842   Sun, May 19, 2013 at 12:06 AM   BitCoin   2.00   Completed
841   Sun, May 19, 2013 at 12:05 AM   BitCoin   26.00   Completed
838   Sat, May 18, 2013 at 10:21 PM   BitCoin   11.00   Completed
833   Sat, May 18, 2013 at 03:12 PM   BitCoin   1.00   Completed
823   Fri, May 17, 2013 at 08:18 PM   BitCoin   4.00   Completed
814   Fri, May 17, 2013 at 01:27 AM   BitCoin   11.00   Completed

Total: 1058.20 (10.5820 BTC)

Total payouts since opening (24th April): 3068.20 (30.6820BTC)

We can't thank you enough for trusting us with your play!  

mem, I noticed you have listed us only as a roulette game. We actually have more than 50 games.

I don't see how you calculate it, but if that is the case, then you should seriously consider taking advantage of it.   

What if someone had a botnet of say 500,000 pc's. Bitcoin is notorious for DDOS attacks, which origin from large botnets, and some of the botnets have 300-500,000 pcs or more. So what if someone pointed that artillery towards the sha?

Would it then be solvable in minutes/hours? Just asking a theoretical question.

Yes, dooglus.

Time: Thursday 9am EST - Sunday 11:59pm EST

Total Deposits minus (Account Balance + Total Withdrawals)

This accounts for the period of Thursday morning to Sunday 11.59pm. We will refund 30% of whatever net loss you might have during that period if you have any.

I hope that explains it.

Dooglus, yes we are aware of the concept. The issue is that we have 50 games and each has to get both its flash and server modified to submit and exchange extra values (the seeds and hashes). We have already arranged it, but it is a time consuming process that will take its toll. Truth be told, we came from the real money gambling world, and noone has ever heard of provably fair over there, so we came unprepared. In order to become competitive with the other establishments we WILL implement it, we will not have it any other way.

TradeFortress you will get your refund Monday morning. To address your mini QA session. Any casino, both online and land-based offers bonuses, go to Vegas and you will get $75 to play on slots, go to the Borgata in AC and you will get $25 for Blackjack. Same is for online casinos. Go to any online casino and you will see bonuses up to 2-300%. A good example would be: http://www.32red.com/ They are a publicly traded company on the London Stock Exchange and are highly regulated (and not rigged). They offer 32GBP deposit bonus on 10GBP, meaning 320%. So how is that non -EV for them? They look at the long-term play. Bonuses are only means to attract players. Every player has its cost or as it is called CPA (cost per acquisition). In 32red's case a player costs them 145GBP after all the bonuses and the affiliate commissions, and the average Net profit from a player they get is 472GBP. So they have close to 300% return on their acquisition investment for each player they bring. This varies on a per country basis, and the marketing channels used so it is not exact science. I am giving an example of how a negative EV for the casino is actually positive. This is the common practice in the gambling industry.

So in reality the question should be not why we are giving a bonus, but why no other bitcoin casino does it. 

In the meantime, if anyone has any doubts of the integrity of the software, you can contact our software provider, or we can arrange it together, and review the software. They literally showcase it on a daily basis.

We have the best software, the most games, the largest experience in the field, the best bonuses, and the best CS. Once we have the provably fair so all you guys can sleep safe...why would anyone play anywhere else? 

We are working on that but it isn't as simple or fast as it sounds. We are preparing a major upgrade that will include provably fair and a few other important options. In the meantime, we welcome the idea of an expert from the forum to review our software, so we can put the "shady" assumption aside.

30% of possible net loss yes. Only deposits between today and Sunday night count. If you already have a balance with us, that balance wouldn't count.

Casinobit you are the one with the childish insults...

Special Promo:

30% Refund on all deposits between today and Sunday night!

If you win, you keep all the winnings, if you lose, you get 30% back!

The max refund amount is 5btc.

All refunds will be processed Monday morning.

I assume we won't receive an answer.

To any players or competitors that read this: We are open to and will discuss any wrongdoing on our end if there is such.

We will not tolerate any false accusations by competing casinos.

Hey CasinoBit, will you man up a little and address your own accusations?

Being ignorant only proves you know you are in the wrong.

If you can't back your own accusations, just don't do them! What a shame... where is your dignity?

CasinoBit what you said is incredibly rude, offensive and full of undeserved hate towards us, and the very least you will have to do is give an explanation to the community and to us.



Note: We have not had ANY interaction with CasinoBit in the past, EVER. So the motives behind his comment are very unclear to us.

Casinobit, didn't want to post on your thread, but can you explain on the basis of what grounds are you claiming "but the individual who has started that thread is nothing less than a thieving liar" ?

No change whatsoever.

2 new Roulettes and a new competition coming soon!