BitGoG (OP)
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October 19, 2015, 03:13:21 PM Last edit: October 20, 2015, 04:13:22 AM by BitGoG |
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Delete this
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amiryaqot
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October 19, 2015, 03:18:29 PM |
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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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edmundduke
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October 19, 2015, 03:19:02 PM |
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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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poorhurt
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October 19, 2015, 03:22:18 PM |
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provably fair proof missing?
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trafficolaa
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October 19, 2015, 03:22:39 PM |
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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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I E
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October 19, 2015, 03:24:01 PM |
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Fail...
No Max... Really?
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Let me know if you want to earn BTC.
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Everybitbit
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October 19, 2015, 03:28:01 PM |
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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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panjul07
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October 19, 2015, 03:44:07 PM |
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- 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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Dennis7777
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October 19, 2015, 03:59:26 PM |
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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.
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BitGoG (OP)
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October 19, 2015, 04:14:19 PM |
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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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Havelivi
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October 19, 2015, 04:48:30 PM |
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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](https://bitcointalk.org/Smileys/default/huh.gif)
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BitGoG (OP)
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October 19, 2015, 04:55:52 PM |
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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](https://bitcointalk.org/Smileys/default/huh.gif) 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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Sharma
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October 19, 2015, 05:05:06 PM |
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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 |
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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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Shogen
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October 19, 2015, 05:31:06 PM |
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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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BitGoG (OP)
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October 19, 2015, 05:35:37 PM |
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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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Shogen
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October 19, 2015, 05:55:27 PM |
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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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cazkooo
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October 19, 2015, 06:03:08 PM |
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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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BitGoG (OP)
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October 19, 2015, 06:05:40 PM |
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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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boopy265420
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October 19, 2015, 06:07:29 PM |
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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.
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