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Author Topic: [FOR SALE] BitcoinRush :: Feel the rush of 0.1% house edge. Provably Fair.  (Read 4214 times)
BitcoinDistributor
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July 14, 2015, 11:01:02 AM
 #21

Yes its very relatively simple. You get the hang of it pretty fast.

But its the best because of the moneypot API


GOod job
Says the person who called the OP a disgrace for posting in another thread...seems like you're changinyg your colors daily...oh look a signature campaign...now I get it...you post BS just to get paid.

I HATE YOU SIGNATURE CAMPAIGNS GET THE FUCK OUT OF THIS FORUM.

I'm a lover not a hater. I'm a scam buster misunderstood. However, this forum is full of haters which is why you see my trust. They can't handle my success so they try to stop me...BUT NO ONE STOPS MY SUCCESS! ....Find Quickseller annoying? Click the "ignore" button below his name! You're welcome!
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July 14, 2015, 11:35:50 AM
 #22

Why so many people played and play on 999dice? Because it's fast and you can multiply or use other commands with your keyboard, you can also make 200 bets per second, if you implement something like that + your low house edge, you can have success, i personally do not play dice anymore but im sure you would attract a lot of people, think about it.
Yes i think thats the only reason,999 dice has 0.1 % edge what people really like,plus they have 200 bets per second,that feature is one the best on all dice sites,but its still a scam site
BitcoinRush.com (OP)
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July 14, 2015, 06:17:42 PM
 #23

Thanks for the warm response everyone.

Bitcoin Rush updates:
 * Max profit has been lifted to 200,000 bits. Thanks you to all the new investors who have made this possible.
 * Hotkey improvements. They now show on all screen sizes
 * I've put a disclaimer at the bottom of the page disavowing any connection to bitcoinrush.io or bitcoinrush,tk

More on-going work on the autobet which I hope to release shortly
XinXan
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July 14, 2015, 07:28:26 PM
 #24

Thanks for the warm response everyone.

Bitcoin Rush updates:
 * Max profit has been lifted to 200,000 bits. Thanks you to all the new investors who have made this possible.
 * Hotkey improvements. They now show on all screen sizes
 * I've put a disclaimer at the bottom of the page disavowing any connection to bitcoinrush.io or bitcoinrush,tk

More on-going work on the autobet which I hope to release shortly

That is pretty good, the kotkeys are always a good thing, one of the best features i could find in dice sites, im not into autobetting tho but of course a lot of people use it.

I suppose this "project" is going to end up as a normal dice casino, perhaps you are looking for some investors?
arallmuus
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July 14, 2015, 07:39:20 PM
 #25

I suppose this "project" is going to end up as a normal dice casino, perhaps you are looking for some investors?

He is certainly not looking for investor though because this site is using moneypot's API and there are 206 BTC invested currently that will be used to provide bankroll to all application that uses its API. Even if he is looking for investor, there is no way for investor to specifically invested in his dice site because investor will only be able to invest through moneypot unless he decided to take his site out of moneypot's bankroll usage and decided to fund it by his own + investors

R


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BitcoinRush.com (OP)
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July 14, 2015, 11:20:03 PM
 #26

Yes what arallmuus said is accurate. I have no plans of ever storing user data, funds or a bankroll.
bitbaby
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July 15, 2015, 05:28:43 AM
 #27

Well I must say I thought this was a new thread for BitcoinRush.io and I thought they might have made it to start things with a clean less cluttered thread but I was wrong.
Unfortunate name clash there. BitcoinRush.com has no association at all with bitcoinrush.io, I'll update the page with a footer that explains that to prevent any confusion as well.

Quote
It's a plain simple dice site OP, let's see if it can stand the competition from already running well established dice site with much better features, I think you should start some kind of launch promotion to attract players.

Good idea, I will run organize some signature campaigns. Would you know of anyone to recommend an escrow for the signature funds?


I don't plan on competing with the established dice sites, they offer a lot more than I possibly could. And there's no real money to be made in 0.1% edge. I think my total commission so far is 50 bits. I just want to offer BitcoinRush as a safe place where people can make small bets with a real 0.1% house edge. After all I do have a day job and outside hobbies as well.

When I said launch promotions I meant some kind of small giveaways to let people test the site out, you can add some wagering requirements to it, so it won't get abused. Signature campaigns are great way to get recognition of forum members who are otherwise unaware of the site. Here's an escrow list: https://bitcointalk.org/index.php?topic=855778.0 choose the one you prefer.

jambola2
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July 15, 2015, 05:33:41 AM
 #28

When I said launch promotions I meant some kind of small giveaways to let people test the site out, you can add some wagering requirements to it, so it won't get abused. Signature campaigns are great way to get recognition of forum members who are otherwise unaware of the site. Here's an escrow list: https://bitcointalk.org/index.php?topic=855778.0 choose the one you prefer.

Actually, I'm not sure how much they'll be able to afford giveaways and campaigns, to be honest.
0.1% house edge is really really low. This could attract big players, but their maximum profit is too low to attract any big players that would pay for the signature campaigns and giveaways.
I think they just have to hope that word of mouth can carry them forward.

No longer active on bitcointalk, however, you can still reach me via PMs if needed.
arallmuus
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July 15, 2015, 05:51:03 AM
 #29

When I said launch promotions I meant some kind of small giveaways to let people test the site out, you can add some wagering requirements to it, so it won't get abused.

Definitely cant be done because once you deposited / creditted a bonus to a user then the user is free to withdraw whatever amount that he has on his moneypot's account. Bitcoinrush will has no previlleges over the funds unless it is depositted into the app and moneypot has no feature to put in some "wagering requirement" before you can withdraw the funds ( and I dont think it will ever be )

Signature campaigns are great way to get recognition of forum members who are otherwise unaware of the site.

Dont expect too much from this, unless there is a constant exposure of your campaign then the result by doing this will pretty much be a waste of resources

but their maximum profit is too low to attract any big players that would pay for the signature campaigns and giveaways.

You are getting few wrong points.

#1. The maximum profit is tied to the Moneypot's bankroll which is currently 211 BTC

Therefore because it uses a kelly criterion ( depends on the site's house edge ) then the max profit that the site could give would be around ~200,000 bits ( thats 0.2 BTC )

#2. Giveaways and the other promotional stuff solely comes out from the pocket of the site owner and isnt funded by the investor's of Moneypot or the players because players' lost will goes to the investor (most of it around 99.9 %)

R


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SyGambler
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July 15, 2015, 05:56:16 AM
 #30

it's really a good site , finally I found a trusted site with small edge and powered by moneypot
I hope to see the chat active there and to see the max profit higher and higher , when you are able to do that I'm sure the site will crash the market
arallmuus
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July 15, 2015, 06:06:51 AM
 #31

to see the max profit higher and higher , when you are able to do that I'm sure the site will crash the market

It will not be "when he is able to do that" but it will be "when Moneypot is able to provide that" since the maximum profit is tied to Moneypot's bankroll because the site is not providing its own bankroll.
For the house that gives 1 % house edge , the maximum profit will be 2.1~ BTC which is a decent amount however since bitcoinrush has an edge of 0.1 % then even if Moneypot will be able to secure 1k BTC in the future, the maximum profit will still be 1 BTC for this site

R


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BitcoinRush.com (OP)
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July 15, 2015, 05:02:08 PM
 #32

To keep our promise to give back to the community we'll be giving out our giant 171 bits we've made in commission to the next person on the site who bets. I would have had thought with the amount of traffic we get to have had a lot more wagers but I guess that's due to the lack of an autobet which is quite a bit trickier to make than i thought it would be. Should be done tomorrow though
BitcoinRush.com (OP)
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July 15, 2015, 07:04:30 PM
 #33

Awarded to arallmuus for bet id 38231960
BitcoinRush.com (OP)
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July 17, 2015, 09:24:02 PM
 #34

it's really a good site , finally I found a trusted site with small edge and powered by moneypot
I hope to see the chat active there and to see the max profit higher and higher , when you are able to do that I'm sure the site will crash the market

Thank you very much ) I might have over-promised on updates, I had underestimated the time required when working with someone elses code. Hopefully on the weekend I'll make a bit more headway.
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July 17, 2015, 09:43:08 PM
 #35

When I said launch promotions I meant some kind of small giveaways to let people test the site out, you can add some wagering requirements to it, so it won't get abused.

Definitely cant be done because once you deposited / creditted a bonus to a user then the user is free to withdraw whatever amount that he has on his moneypot's account. Bitcoinrush will has no previlleges over the funds unless it is depositted into the app and moneypot has no feature to put in some "wagering requirement" before you can withdraw the funds ( and I dont think it will ever be )

Signature campaigns are great way to get recognition of forum members who are otherwise unaware of the site.

Dont expect too much from this, unless there is a constant exposure of your campaign then the result by doing this will pretty much be a waste of resources

but their maximum profit is too low to attract any big players that would pay for the signature campaigns and giveaways.

You are getting few wrong points.

#1. The maximum profit is tied to the Moneypot's bankroll which is currently 211 BTC

Therefore because it uses a kelly criterion ( depends on the site's house edge ) then the max profit that the site could give would be around ~200,000 bits ( thats 0.2 BTC )

#2. Giveaways and the other promotional stuff solely comes out from the pocket of the site owner and isnt funded by the investor's of Moneypot or the players because players' lost will goes to the investor (most of it around 99.9 %)



Ifyou use moneypot api for your casino u can just provide max profit to players of 0.2 btc. Its very low.

arallmuus
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July 17, 2015, 09:56:40 PM
 #36

Awarded to arallmuus for bet id 38231960

Confirmed that I received it !

Ifyou use moneypot api for your casino u can just provide max profit to players of 0.2 btc. Its very low.

Wrong, the max profit depends on the Moneypot's bankroll as well as the house edge for the site. Since bitcoinrush is a site with 0.1 % house edge therefore the max profit will be

0.1 % house edge x 1 x Moneypot's bankroll = ~0.225 BTC max profit

If a Moneypot site is using the standard edge of 1 % then the max profit ( betterbets.io for example )  will be

1 % house edge x 1 x Moneypot's bankroll = 2.25 BTC max profit

P.S : bankroll has increased since I last posted it

R


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BitcoinRush.com (OP)
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July 19, 2015, 12:39:01 AM
 #37

Over 7 BTC wagered. Thanks to our players who trusted us. Looks like it will be time for another micro giveaway again
BitcoinRush.com (OP)
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July 22, 2015, 06:04:01 PM
 #38

Up to an incredible 35 BTC. Not bad for a first week. And players have only lost 0.01% of what they've wagered. Hard beat that  Wink
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July 22, 2015, 06:06:42 PM
 #39

Over 7 BTC wagered. Thanks to our players who trusted us. Looks like it will be time for another micro giveaway again
when this giveaway will come :p

For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
FrozenOne
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July 30, 2015, 10:25:59 PM
 #40

Deposit made into an address at an app and nothing! Nothing in my account.

1CCKh4km6as8EQr2hxvUzrJFqoXhZ83z37

What happened? Where are my coins?
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