bitbattle.me - no deposit, instant bets, ZERO waiting! 0-conf accepted!

[Herbert]

Ever consider having a deposit at the start of the battle so that there isn't a tx fee every time you bet? Would cut down on costs.

I was thinking of suggesting a way to allow users to gamble with their in session winnings, would have a similar effect.(less tx and faster)

Seems like a fun idea.

Regarding deposits I don't really like that idea. I think one advantage of bitbattle.me is the possibility for instant bets without any deposit in advance. I want to keep the amount of trust a new player needs into the site as low as possible, hence no initial account or deposit required.

Another thing is the idea of using your session winnings to gamble. Sounds interesting, but would require a total new betting system off-the-blockchain. So at least in the near future something like this will not be implemented...

If you want to save transaction fees you can already now place multiple bets in one transaction using "sendmandy"-functionality. But of course this does not help if you are running a bet strategy that depends on the result of previous bets.

Btw, as it seems 0.8 client will reduce the minimum forced tx fee I will follow and also adjust the fees both required for incoming bet transactions and for payment transactions.

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[Herbert]

As these questions came up quite often the last days I updated the FAQ with

• My bet got REJECTED. Why?
• My payment is in state "paid" but does not confirm and/or is not showing up on blockchain.info. Where is it?

[Herbert]

What about total BTC bet?

Total volume (incoming + outgoing transactions) of bitbattle.me is just a few hundred short of hitting 100,000 bitcoins

Very nice, early grats on the 100k mark

Thanks, and now you can officially congratulate! Today the total volume broke the 100.000 BTC mark 

And just in case you are wondering: Bitbattle.me is still available from everywhere, including U.S.!

[Herbert]

Although being inactive since several weeks, according to http://bitbattle.me/statistics/payout/ player Slim is still leading the payout charts with an impressive 22900.8674 BTC!

It's about time for someone stepping up to this position - Come on guys!

[Herbert]

GCInc informed me that http://botdice.com/ has been extended with bitbattle.me data. So you can test your bet strategy there without risking real coins

[Zaih]

This is only a tiny thing, but you should set a favicon for Bitbattle.

And wow, poor fella.



18 bet and not a single win

[Herbert]

Since bitcoin-Qt 0.8.2 has been released with updated default tx fee policy I changed the according policy also on bitbattle.me:

• Transaction fee for payouts is calculated accordingly (minimum 0.0001 BTC instead of 0.0005)

Also the acceptance policy for unconfirmed transactions is adjusted:

• If a transaction has fee >= 0.0005 0.0001, and all inputs are confirmed -> ALLOW
• If a transaction has fee < 0.0005 0.0001, but all inputs are confirmed -> ALLOW
• If a transaction has fee < 0.0005 0.0001, and at least one input is unconfirmed -> REJECT
• If a transaction has at least one unconfirmed input but fee >= 0.0005 0.0001 -> ALLOW
• If a transaction has at least one unconfirmed input and fee < 0.0005 0.0001 -> REJECT

Have fun  

[Herbert]

Some significant amounts were bet the last few days.
Check out the stats of benzoate and gandalf - quiet some impressive sessions there, both winning and losing .

Although they don't yet come close to the long-standing record-holding 1260 BTC payout obtained by Ash. To be fair I should mention that at that time the bet limits were around 30% higher than today

[SteamGamesBTC.com]

http://bitbattle.me/game/aad3ba8b60cf4a6783a9e0f277f034e1/

Is it normal @ 50%?

[Herbert]

http://bitbattle.me/game/aad3ba8b60cf4a6783a9e0f277f034e1/

Is it normal @ 50%?

One hell of a session indeed.
But looking at his stats benzoate is in normal range. Look at http://bitbattle.me/statistics/lucky_numbers/benzoate/ and http://bitbattle.me/statistics/win_percentage/benzoate/. He just had some bad luck (after having some good luck few days before )

[Herbert]

Bitbattle.me just exceeded a total volume of 125,000 BTC, with 180,000 bets placed. This makes for an average of 0.69 BTC or approximately 6 USD per bet

[mechs]

Bitbattle.me just exceeded a total volume of 125.000 BTC, with 180.000 bets placed. This makes for an average of 0.69 BTC or approximately 6 USD per bet

Hi Herbert, how is this provably fair?  Can you explain the mechanism please.

[Herbert]

Bitbattle.me just exceeded a total volume of 125.000 BTC, with 180.000 bets placed. This makes for an average of 0.69 BTC or approximately 6 USD per bet

Hi Herbert, how is this provably fair?  Can you explain the mechanism please.

It is following the common standard: TransactionID + output index is combined with a daily secret to determine the lucky number. The hashes of the daily secret are pre-calculated and can be downloaded from the site so you can check if the correct secret number was used.
Each bet contains detailed instructions how to verify. Sample: http://bitbattle.me/bet/179695/

[Herbert]

The backend was done for about one hour, but now back up again. All transactions that came in during that time have been processed.

[digit]

any freebies?

[Herbert]

any freebies?

No I also am not sure what would be the best way to offer something like this. One thing I was thinkin about would be a reduced house edge for a certain amount of time. Would this be interesting?

[Herbert]

The backend was done for about one hour this morning. Not yet sure about the root cause, but the system is up and running again and all transactions that came in during that time have been processed.

[Herbert]

Noticed there was a bug in the API (http://bitbattle.me/api/) that made it impossible to retrieve the player info json data for some accounts. This is fixed now :-)
See http://bitbattle.me/player/herbert/json/ for sample data.

[Herbert]

Only 10 days left until the first anniversary! 

[Herbert]

This morning the backend was stuck for about 2 hours, so no bets could be accepted. Problem is fixed and all transactions that came in during that period are handled. Sorry for the inconvinience