Hit the Block (Player's Edge Betting)

[hittheblock]

Hit the Block (Player's Edge Betting)

Hi this is my first commercial betting program. It's so simple to play.
Let me know if you have suggestions to improve it.

Win 18x your bet:
Send any amount from 0.01 btc to 1 btc to:
12468ZjBthJYXDeFKZywXfJi9bCacQtiQB
You will win 18x your bet if the following conditions are met:
1. The block height of your transaction is an even number (ends with 0,2,4,6,8).
2. The last digit of the block hash is equal to the last digit of the transaction hash. (this happens 1 every 16 times)
Notes:
Only 1 bet per transaction.
If the bet is more than 1 btc, only 1 btc will be considered and the rest is donation.
If the bet is less than 0.01 btc, it is considered as donation.
If you win, you will get your prize using the first bitcoin address input (like satoshidice).
Prizes will be sent after 2 block confirmations.

Win 1.1x your bet:
Send any amount from 0.01 btc to 1 btc to:
13579cvHx6QukzwzYp6PuQvpwBgA4GFApc
You will win 1.1x your bet if the following conditions are met:
1. The block height of your transaction is an odd number (ends with 1,3,5,7,9).
2. The last digit of the block hash is not equal to the last digit of the transaction hash. (this happens 15 every 16 times)
Notes:
Only 1 bet per transaction.
If the bet is more than 1 btc, only 1 btc will be considered and the rest is donation.
If the bet is less than 0.01 btc, it is considered as donation.
If you win, you will get your prize using the first bitcoin address input (like satoshidice).
Prizes will be sent after 2 block confirmations.

If you have any problem, just comment and I will try to respond as soon as I can. I want to improve this depending on the reception of the players. You can test your wallet using the minimum bet to be sure that you will get your winnings. You can verify everything using any web based block chain explorer.

[1714688681]

1714688681

[rodrigobitcoin]

even if the game is based on the blocks and therefore is not manipulated, you are a new user,and there are no guarantees that you pay after winning. you should use an escrow

[hittheblock]

even if the game is based on the blocks and therefore is not manipulated, you are a new user,and there are no guarantees that you pay after winning. you should use an escrow

payment is automatic, if someone's trustworthy enough here i can put up a security deposit or something to prove that i will pay

[Mist]

Can you sign something that proves you can pay out an 18 btc for your first bet?

[hittheblock]

Can you sign something that proves you can pay out an 18 btc for your first bet?

i have 30 bitcoins in my ubuntu server running bitcoind and another 60 offline. how can i sign the one for this game? i haven't tried it yet, if you can help me that would be great but i will try to figure it out.

[arallmuus]

Can you sign something that proves you can pay out an 18 btc for your first bet?

i have 30 bitcoins in my ubuntu server running bitcoind and another 60 offline. how can i sign the one for this game? i haven't tried it yet, if you can help me that would be great but i will try to figure it out.

this is the best guide on how to sign a message by shorena https://bitcointalk.org/index.php?topic=990345.0

you can simply sign a simple message

Code:

"Hi this is hittheblock, I own this address <address> and today is <today's date> 

[hittheblock]

Can you sign something that proves you can pay out an 18 btc for your first bet?

i have 30 bitcoins in my ubuntu server running bitcoind and another 60 offline. how can i sign the one for this game? i haven't tried it yet, if you can help me that would be great but i will try to figure it out.

this is the best guide on how to sign a message by shorena https://bitcointalk.org/index.php?topic=990345.0

you can simply sign a simple message

Code:

"Hi this is hittheblock, I own this address <address> and today is <today's date> 

"Hi this is hittheblock, I own this address 1srcdhityWS2HPr2Wx22bAodMgtnJCRzY and today is 04/19/2015."
G29Kk/08DpXkIMWPDnuvD4E7TEscMMv6Uim8XbBdp2+OP2WjnmiysuXUjXlMO9+WiAGqhkH8aCXPqmxW25M1Ctk=

is this enough?

[hittheblock]

https://blockchain.info/address/1srcdhityWS2HPr2Wx22bAodMgtnJCRzY
isnt this the wallet i'm signing?

[ndnh]

https://blockchain.info/address/1srcdhityWS2HPr2Wx22bAodMgtnJCRzY
isnt this the wallet i'm signing?

Yep. sorry, I added the quotes in the message.

Do you want  an escrow? I am willing to be one.
No fee. Tips appreciated. kind of ecrow.

[hittheblock]

https://blockchain.info/address/1srcdhityWS2HPr2Wx22bAodMgtnJCRzY
isnt this the wallet i'm signing?

Yep. sorry, I added the quotes in the message.

Do you want  an escrow? I am willing to be one.
No fee. Tips appreciated. kind of ecrow.

seriously? no fee? how can i be sure that it will be ok? how does it work anyway?

[arallmuus]

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
Hi this is hittheblock, I own this address 1srcdhityWS2HPr2Wx22bAodMgtnJCRzY and today is 04/19/2015.
-----BEGIN SIGNATURE-----
1srcdhityWS2HPr2Wx22bAodMgtnJCRzY
G29Kk/08DpXkIMWPDnuvD4E7TEscMMv6Uim8XbBdp2+OP2WjnmiysuXUjXlMO9+WiAGqhkH8aCXPqmxW25M1Ctk=
-----END BITCOIN SIGNED MESSAGE-----

Message has been verified and the address contains 30 BTC

seriously? no fee? how can i be sure that it will be ok? how does it work anyway?

you send some funds to the escrow in hold, as a guarantee that just incase if you dont payout for the hit the block game. For the starting point of your game, I would suggest you to limit the max bet into either 0.1 or 0.05 and the escrow will hold the funds for the max possible payout of your game

[ndnh]

https://blockchain.info/address/1srcdhityWS2HPr2Wx22bAodMgtnJCRzY
isnt this the wallet i'm signing?

Yep. sorry, I added the quotes in the message.

Do you want  an escrow? I am willing to be one.
No fee. Tips appreciated. kind of ecrow.

seriously? no fee? how can i be sure that it will be ok? how does it work anyway?

Yeah. the normal fee is 1%. But many escrows do it for free too. It involves just holding and releasing funds, right? I mean no other responsibilities?

It works like this:
1. You send a part of the funds to the escrow. say 5BTC? (less if you are lowegin the max bet) an amount that will cover any losses made by the participant.
2. Players play.
3. The security is that, if you end up scamming etc. (which is quite prevallent here, though you don't seem like such a person ) the escrow will be able to cover the scammed amount of funds of the players.
4. If nothing happens, after a period or when the game closes, or when you requests, the funds are send back to you, after the escrow posting here letting everyone know that the funds are no longer at escrow.

You can also pick one from here: https://bitcointalk.org/index.php?topic=855778.0
devthedev, and Quickseller is recommended, since they are around most of the time.


Edit: I got to go now. If you are going to use escrow, you one on the list.
Thanks

[hittheblock]

https://blockchain.info/address/1srcdhityWS2HPr2Wx22bAodMgtnJCRzY
isnt this the wallet i'm signing?

Yep. sorry, I added the quotes in the message.

Do you want  an escrow? I am willing to be one.
No fee. Tips appreciated. kind of ecrow.

seriously? no fee? how can i be sure that it will be ok? how does it work anyway?

Yeah. the normal fee is 1%. But many escrows do it for free too. It involves just holding and releasing funds, right? I mean no other responsibilities?

It works like this:
1. You send a part of the funds to the escrow. say 5BTC? (less if you are lowegin the max bet) an amount that will cover any losses made by the participant.
2. Players play.
3. The security is that, if you end up scamming etc. (which is quite prevallent here, though you don't seem like such a person ) the escrow will be able to cover the scammed amount of funds of the players.
4. If nothing happens, after a period or when the game closes, or when you requests, the funds are send back to you, after the escrow posting here letting everyone know that the funds are no longer at escrow.

You can also pick one from here: https://bitcointalk.org/index.php?topic=855778.0
devthedev, and Quickseller is recommended, since they are around most of the time.


Edit: I got to go now. If you are going to use escrow, you one on the list.
Thanks

have you done this before? i'm cool with sending you 5 btc but how sure will it be that i am not the one being scammed? i'll sleep first and let the scripts run. when i wake up we can arrange the escrow. i have 30 btc in the wallet where the script is running for now. everything is automatic so those who want to try the game can play even while i sleep.

[ndnh]

have you done this before? i'm cool with sending you 5 btc but how sure will it be that i am not the one being scammed? i'll sleep first and let the scripts run. when i wake up we can arrange the escrow. i have 30 btc in the wallet where the script is running for now. everything is automatic so those who want to try the game can play even while i sleep.

Use one from this list: https://bitcointalk.org/index.php?topic=855778.0
Preferably devthedev or Quickseller.

Good luck

P.S. Try setting up a site too, I think they have more confidence in a site that pure thread. Dunno why.

[hittheblock]

have you done this before? i'm cool with sending you 5 btc but how sure will it be that i am not the one being scammed? i'll sleep first and let the scripts run. when i wake up we can arrange the escrow. i have 30 btc in the wallet where the script is running for now. everything is automatic so those who want to try the game can play even while i sleep.

Use one from this list: https://bitcointalk.org/index.php?topic=855778.0
Preferably devthedev or Quickseller.

Good luck

P.S. Try setting up a site too, I think they have more confidence in a site that pure thread. Dunno why.

thanks for your help

[ndnh]

have you done this before? i'm cool with sending you 5 btc but how sure will it be that i am not the one being scammed? i'll sleep first and let the scripts run. when i wake up we can arrange the escrow. i have 30 btc in the wallet where the script is running for now. everything is automatic so those who want to try the game can play even while i sleep.

Use one from this list: https://bitcointalk.org/index.php?topic=855778.0
Preferably devthedev or Quickseller.

Good luck

P.S. Try setting up a site too, I think they have more confidence in a site that pure thread. Dunno why.

thanks for your help

btw. Don't you think the house edge is a little too high?

[hittheblock]

have you done this before? i'm cool with sending you 5 btc but how sure will it be that i am not the one being scammed? i'll sleep first and let the scripts run. when i wake up we can arrange the escrow. i have 30 btc in the wallet where the script is running for now. everything is automatic so those who want to try the game can play even while i sleep.

Use one from this list: https://bitcointalk.org/index.php?topic=855778.0
Preferably devthedev or Quickseller.

Good luck

P.S. Try setting up a site too, I think they have more confidence in a site that pure thread. Dunno why.

thanks for your help

btw. Don't you think the house edge is a little too high?

actually the player's edge is high as long as they can hit the right block

[ndnh]

have you done this before? i'm cool with sending you 5 btc but how sure will it be that i am not the one being scammed? i'll sleep first and let the scripts run. when i wake up we can arrange the escrow. i have 30 btc in the wallet where the script is running for now. everything is automatic so those who want to try the game can play even while i sleep.

Use one from this list: https://bitcointalk.org/index.php?topic=855778.0
Preferably devthedev or Quickseller.

Good luck

P.S. Try setting up a site too, I think they have more confidence in a site that pure thread. Dunno why.

thanks for your help

btw. Don't you think the house edge is a little too high?

actually the player's edge is high as long as they can hit the right block

Sorry, I did the math wrong!!
wow. 

But, what is your part of the cake??

[dznuts85]

if the player wins, who will cover the transaction fee? And is the payment will be sent to the sending address or it will be a players choice where to recieve it?

[Shogen]

Sound like an interesting on-chain game. With a good domain and an trusted escrow, it could be a big hit.

And is the payment will be sent to the sending address or it will be a players choice where to recieve it?

The line "If you win, you will get your prize using the first bitcoin address input (like satoshidice)." can be found in OP.