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BitGoG (OP)
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October 19, 2015, 03:13:21 PM
Last edit: October 20, 2015, 04:13:22 AM by BitGoG
 #1

Delete this
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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October 19, 2015, 03:18:29 PM
 #2

How would you generate result for each round, round time is so long to get complete and that kind of waiting time will make this boring and look like a lottery i think some kind of instant betting game can get more attention.
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October 19, 2015, 03:19:02 PM
 #3

0.005 seems a rather big for a new website especially as there is no way to guarantee the site doesn't just disappear with the coins. Also the 24h round time seems really long but all said, good luck with the site.
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October 19, 2015, 03:22:18 PM
 #4

provably fair proof missing?
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October 19, 2015, 03:22:39 PM
 #5

0.005 seems a rather big for a new website especially as there is no way to guarantee the site doesn't just disappear with the coins. Also the 24h round time seems really long but all said, good luck with the site.

Onchain gambling site with 24 hour interval period to know about result is not a good idea and i also think that kind of business is looking complicated, how would to maintain your business if winner will get 10x all pot amount?
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October 19, 2015, 03:24:01 PM
 #6

Fail...

No Max... Really?

Let me know if you want to earn BTC.
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October 19, 2015, 03:28:01 PM
 #7

How you guys pick the winning number? Are you guys using provably system to verify winning number? And yeah minimum for ticket 0.005 is abit high.. maybe should have different bet like 0.0005 0.001.. or so..

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October 19, 2015, 03:44:07 PM
 #8

- No provably fair mechanism on how the numbers will be generated?
- No max bet amount? Really? Can you proof your cold wallet address to pay if there is a huge winning?

I can't believe that those two points come from a very new fresh site. Anyway, good luck on your project..even though I doubt that you'll get some players to play from this community.



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October 19, 2015, 03:59:26 PM
 #9

As the above persons mentioned, provably fair is a must. One simple way is to use the block hash of the first block found after the round deadline, which cannot be controlled by the players nor you.

BitGoG (OP)
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October 19, 2015, 04:14:19 PM
 #10

0.005 seems a rather big for a new website especially as there is no way to guarantee the site doesn't just disappear with the coins. Also the 24h round time seems really long but all said, good luck with the site.

Onchain gambling site with 24 hour interval period to know about result is not a good idea and i also think that kind of business is looking complicated, how would to maintain your business if winner will get 10x all pot amount?
this is no fees promotion at start, later we will add a small fees for winners like 1-2%.
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October 19, 2015, 04:48:30 PM
 #11

0.005 seems a rather big for a new website especially as there is no way to guarantee the site doesn't just disappear with the coins. Also the 24h round time seems really long but all said, good luck with the site.

Onchain gambling site with 24 hour interval period to know about result is not a good idea and i also think that kind of business is looking complicated, how would to maintain your business if winner will get 10x all pot amount?
this is no fees promotion at start, later we will add a small fees for winners like 1-2%.

I am also waiting to hear something about provably fair mechanism as so many people already asked about this but you didn't reply anything about this so how you would generate the winning number for each round Huh
BitGoG (OP)
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October 19, 2015, 04:55:52 PM
 #12

0.005 seems a rather big for a new website especially as there is no way to guarantee the site doesn't just disappear with the coins. Also the 24h round time seems really long but all said, good luck with the site.

Onchain gambling site with 24 hour interval period to know about result is not a good idea and i also think that kind of business is looking complicated, how would to maintain your business if winner will get 10x all pot amount?
this is no fees promotion at start, later we will add a small fees for winners like 1-2%.
I am also waiting to hear something about provably fair mechanism as so many people already asked about this but you didn't reply anything about this so how you would generate the winning number for each round Huh
The winning number will generated using a special function coded in script to pick the winning number from those 10 numbers, to make it transparent we also added result page where everyone can see which number won for a specific round, complete history of winners for all rounds

with BTCitGoG winning probability is minimum 10% that is much higher when compared to other games
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October 19, 2015, 05:05:06 PM
 #13

so according to you placing multiple bets will increase chance of winning? how

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BitGoG (OP)
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October 19, 2015, 05:20:47 PM
 #14

so according to you placing multiple bets will increase chance of winning? how
Yes, betting on multiple numbers increase your winning probability, normally for betting on each number your winning probability is 10% but you can increase it by placing multiple bets on different number, if you place bets on 5 different numbers then your winning probability will 50%
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October 19, 2015, 05:31:06 PM
 #15

The winning number will generated using a special function coded in script to pick the winning number from those 10 numbers, to make it transparent we also added result page where everyone can see which number won for a specific round, complete history of winners for all rounds

with BTCitGoG winning probability is minimum 10% that is much higher when compared to other games

If so, the game would not be provably fair as the players cannot verify if the house has changed the winning numbers. Showing all the previous winning numbers is not good enough IMHO.

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October 19, 2015, 05:35:37 PM
 #16

If so, the game would not be provably fair as the players cannot verify if the house has changed the winning numbers. Showing all the previous winning numbers is not good enough IMHO.
Why winning number will changed?
one number from those 10 numbers will winner and all users who placed bets on this number will receive winning amount to their wallet address automatically. we are planning about adding feature of posting tx ID on result page for winners payment withdrawal as proof.

tx id can't be changed
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October 19, 2015, 05:55:27 PM
 #17

If so, the game would not be provably fair as the players cannot verify if the house has changed the winning numbers. Showing all the previous winning numbers is not good enough IMHO.
Why winning number will changed?
one number from those 10 numbers will winner and all users who placed bets on this number will receive winning amount to their wallet address automatically. we are planning about adding feature of posting tx ID on result page for winners payment withdrawal as proof.

tx id can't be changed

The problem is that you can check which number has the lowest wagered and can then choose that particular number to be the winning number. This way you can be sure you are going to pay out less than you received in the round (lowest wagered among the 10 numbers * 10 < total wagered on all 10 numbers). I am not saying you will do it, but you can do it if you want to. No offense.

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October 19, 2015, 06:03:08 PM
 #18

If so, the game would not be provably fair as the players cannot verify if the house has changed the winning numbers. Showing all the previous winning numbers is not good enough IMHO.
Why winning number will changed?
one number from those 10 numbers will winner and all users who placed bets on this number will receive winning amount to their wallet address automatically. we are planning about adding feature of posting tx ID on result page for winners payment withdrawal as proof.

tx id can't be changed

Stop dragging it longer already. Just show how fair this site is or no one will be playing here. You dont need to say special code for this, you just need to show how you select the winner in a fair way because people here is not stupid to understand some code. Withdrawal is not a proof , even ponzi has their withdrawal proof
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October 19, 2015, 06:05:40 PM
 #19

If so, the game would not be provably fair as the players cannot verify if the house has changed the winning numbers. Showing all the previous winning numbers is not good enough IMHO.
Why winning number will changed?
one number from those 10 numbers will winner and all users who placed bets on this number will receive winning amount to their wallet address automatically. we are planning about adding feature of posting tx ID on result page for winners payment withdrawal as proof.

tx id can't be changed

Stop dragging it longer already. Just show how fair this site is or no one will be playing here. You dont need to say special code for this, you just need to show how you select the winner in a fair way because people here is not stupid to understand some code. Withdrawal is not a proof , even ponzi has their withdrawal proof
sorry but we can't share my script code,why should we? This is not any altcoin where we have have to share the code for virus/ premine checking
if you don't like this then don't post here for spam
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October 19, 2015, 06:07:29 PM
 #20

Now is time for instant games where everything works in no time whether it is deposit/withdrawal or winning except sports games.This is outdated concept to wait 24 hours to know who is the winner on not provably fair system.You may reconsider of your idea of this type site.
BitGoG (OP)
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October 19, 2015, 06:12:05 PM
 #21

Now is time for instant games where everything works in no time whether it is deposit/withdrawal or winning except sports games.This is outdated concept to wait 24 hours to know who is the winner on not provably fair system.You may reconsider of your idea of this type site.
Yes we agree people like instant games but we wanted to make it different
Mixed version of gambling site and lottery where multiple users wins and they choose their lucky number
option to choose their number and multiple winners that makes it different from others


in instant games like dice,luckybit for 10x profit you winning potential is less then half of BitGoG winning potential
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October 19, 2015, 06:12:25 PM
 #22

sorry but we can't share my script code,why should we?

You dont need to share your all your github code or whatever it is , you just need to show how you select the winner. You are just dragging this and pretend to be stupid, Im sure you heard of provably fair and your site has no provably fair. Even if you are not using the standard provably fair just show how your system to select the winner
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October 19, 2015, 06:33:08 PM
 #23

You need to prove to all the people on the forum that your site it fair which doesn't necessarily mean showing all your code but of you don't prove your site is fair then your site will be another ghost town.
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October 19, 2015, 07:39:11 PM
 #24

Winning is the sent amount *10 ? What are even chances of winning ?This is certainly not a far gameplay .How does one see the amount of bets placed on a particular number ?You can easily manipulate the numbers according their weight of the bets .Has anyone tried it before ?Would like to give it a shot after some one recommends.
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October 19, 2015, 07:50:11 PM
 #25

Winning is the sent amount *10 ? What are even chances of winning ?This is certainly not a far gameplay .How does one see the amount of bets placed on a particular number ?You can easily manipulate the numbers according their weight of the bets .Has anyone tried it before ?Would like to give it a shot after some one recommends.

No nobody tried this gambling site before because it is just launched and this is its first round but strange nobody can know how many bets are placed on each number op must add real time statics to make it fair.
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October 19, 2015, 07:55:25 PM
 #26

I am afraid to place bet on any number because hard to know how it will work Huh
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October 19, 2015, 07:55:38 PM
 #27

Winning is the sent amount *10 ? What are even chances of winning ?This is certainly not a far gameplay .How does one see the amount of bets placed on a particular number ?You can easily manipulate the numbers according their weight of the bets .Has anyone tried it before ?Would like to give it a shot after some one recommends.

I think the winning amount is something like on block777 or bettingblocks, the total bet on all number divided into some winners who bet on the winning number. The more players bet on the winning number, the more he will get from the total pot. (I could be wrong on this)

Regarding the amount of bets placed, I think the only way to see is just by checking all deposit address on all numbers one by one. Just checked it by myself, and there is no transactions on all numbers yet.


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October 20, 2015, 12:11:14 AM
 #28

Winning is the sent amount *10 ? What are even chances of winning ?This is certainly not a far gameplay .How does one see the amount of bets placed on a particular number ?You can easily manipulate the numbers according their weight of the bets .Has anyone tried it before ?Would like to give it a shot after some one recommends.

I think the winning amount is something like on block777 or bettingblocks, the total bet on all number divided into some winners who bet on the winning number. The more players bet on the winning number, the more he will get from the total pot. (I could be wrong on this)

As stated in the OP under the section "How To Play":
5. When round ends winning number will added to results page and users who placed bets on this number gets 10x amount directly to the address from which you sent btc for betting.

So nope the winner(s) do not share the pot proportionally like on block777, but instead they will get 10x of their bet amount.

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October 20, 2015, 12:47:42 AM
 #29

can you give the difference between your site and with betting on a dice site with 10x multiplier? in dice players dont need to wait for 24hours to know the result and each roll can be verified
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October 20, 2015, 01:28:44 AM
 #30

The winning number will generated using a special function coded in script to pick the winning number from those 10 numbers, to make it transparent we also added result page where everyone can see which number won for a specific round, complete history of winners for all rounds

with BTCitGoG winning probability is minimum 10% that is much higher when compared to other games

If so, the game would not be provably fair as the players cannot verify if the house has changed the winning numbers. Showing all the previous winning numbers is not good enough IMHO.

Can you provide a proof that your not choosing winning number manually because if it is not transparent then you can always choose the number where least number of people betted correct? You just said some script but how to believe that, winner will be chosen by your script or by you? I hope you will provide more details on it.
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October 20, 2015, 01:46:39 AM
 #31

can you give the difference between your site and with betting on a dice site with 10x multiplier? in dice players dont need to wait for 24hours to know the result and each roll can be verified

Exactly, there's no reason to play here. OP failed to answer people's concerns even after being asked several times about how he's going to generate the number and how can the bettors verify that the number generated was done in a way that can't be cheated, he can very well pick the the number which has lowest bet and which is why I think he's willing to not take any percentage because he knows he can make money by picking the number which has the lowest amount of bets.

The minimum bet is too high and as written in OP there is no limit to Max bet, which means he must have infinite funds to pay for if someone wins a huge but the thing is he knows he can manipulate the winning numbers and which is why he's not worried about it.

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October 20, 2015, 04:10:35 AM
 #32

I asked management team for sharing the code and they said its risky, I am doing only management on forum

minimum bet amount lowered to 0.002btc so everyone can try our site

starting a new thread with new informations
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