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Author Topic: BitShuffle.io - Graph Betting  (Read 73 times)
hermons
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July 15, 2018, 07:06:49 PM
 #1

I'm happy to announce about Bitshuffle.io a new bitcoin based game - Graph betting.

Site Features:
Provably Fair - (Full explanation will be add to the site in the next days)
Graph Betting
Faucent
Easy to sign up and play
Fast & Secure
Affiliate System
In-site tutorial
24/7 Support – our specialists are more than happy to help you at any time!

How does it work?
The graph goes randomly up and down while the average point of the graph is always 1.00 - All the results are pregenerated so the game is completely fair and is not influenced by the website owners in anyway!
What you have to do is to guess if the graph will be lower or higher the current point on the graph , The site will multiply your bet according your betting efficiency.

What is efficiency?
Efficiency determines the multiplier on correct prediction. 75% efficiency means you'll be rewarded 75% of your bet amount once round ends. Efficiency grows up to 95% as you win predictions.

We have an affiliate system!
By registering through an affiliate link you will get 0.00000050BTC to your account , also by inviting people to register through your link you will receive 1.5% of their total bets.

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Oilacris
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July 16, 2018, 11:40:26 AM
 #2



How does it work?
The graph goes randomly up and down while the average point of the graph is always 1.00 - All the results are pregenerated so the game is completely fair and is not influenced by the website owners in anyway!
What you have to do is to guess if the graph will be lower or higher the current point on the graph , The site will multiply your bet according your betting efficiency.
I though this is a binary option site and trying to seek out on which price you do had followed (I though it is on BTC price) but im shocked you have stated that it is randomly going up and down?
This is prone to manipulation of such movement we dont even able to check out the fairness of those movements.
What is efficiency?
Efficiency determines the multiplier on correct prediction. 75% efficiency means you'll be rewarded 75% of your bet amount once round ends. Efficiency grows up to 95% as you win predictions.

Thats freaking 25% house edge on that case where you would able to get 1.75 if you do able to hit prediction.
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July 16, 2018, 03:15:20 PM
 #3


Quote
Thats freaking 25% house edge on that case where you would able to get 1.75 if you do able to hit prediction.

I don't think that's the case. I'm not sure, but I think since the average of the graph is always 1.00, it's more likely to go up when it's below 1.00, and more likely to go down when it's over 1.00.


Another thing that does concern me though, is that they claim to be provably fair (which would be a good thing), but I can't find a way on your site to actually verify it. Can you guys show me how we can actually verify that it's fair.
Also, I'd like to know the actual house edge. Can't be very low, since you guys give 1.5% of all bets to your affiliate partners.



Edit: this is weird, on this thread you claim 1.5% of all bets for affiliates, but on your site you give 5%. That must be an insane house edge you have there

Where to gamble with your BTC?  Visit my     thread        or        website
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July 16, 2018, 04:04:32 PM
 #4

This is only my personal opinion you can take it or leave it. Website looks good but, the game felt too slow for me. It would be better if you have a live support. House edge is pretty big, no gambler would ever want to play on a casino with high house edge. The chart is going up and down randomly so the fairness is questionable So, there is no option to verify the bets yet.

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July 16, 2018, 04:18:13 PM
 #5

This is only my personal opinion you can take it or leave it. Website looks good but, the game felt too slow for me. It would be better if you have a live support. House edge is pretty big, no gambler would ever want to play on a casino with high house edge. The chart is going up and down randomly so the fairness is questionable So, there is no option to verify the bets yet.
It would really big just imagine on the things he do said that you can potentially earn up from 75%-95% basing on the efficiency of your prediction.
In short they do set out 5% an assurance house edge because only 95% will only be given out and lower than that it would base into numbers or on the results.

Provably fairness lurks still on the shadows.

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hermons
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July 16, 2018, 06:26:44 PM
 #6



How does it work?
The graph goes randomly up and down while the average point of the graph is always 1.00 - All the results are pregenerated so the game is completely fair and is not influenced by the website owners in anyway!
What you have to do is to guess if the graph will be lower or higher the current point on the graph , The site will multiply your bet according your betting efficiency.
I though this is a binary option site and trying to seek out on which price you do had followed (I though it is on BTC price) but im shocked you have stated that it is randomly going up and down?
This is prone to manipulation of such movement we dont even able to check out the fairness of those movements.
What is efficiency?
Efficiency determines the multiplier on correct prediction. 75% efficiency means you'll be rewarded 75% of your bet amount once round ends. Efficiency grows up to 95% as you win predictions.

Thats freaking 25% house edge on that case where you would able to get 1.75 if you do able to hit prediction.
There isn't actual house edge in the game , since the higher/lower the graph is the more chance the user has to win , for example if the graph is at 1.15 there is way more chances that the end point will be less than that since the average point is 1.00 , We are working on adding a provably fair explanation that will be simple as possible for every user and the math behind the game.

Quote
Thats freaking 25% house edge on that case where you would able to get 1.75 if you do able to hit prediction.

I don't think that's the case. I'm not sure, but I think since the average of the graph is always 1.00, it's more likely to go up when it's below 1.00, and more likely to go down when it's over 1.00.


Another thing that does concern me though, is that they claim to be provably fair (which would be a good thing), but I can't find a way on your site to actually verify it. Can you guys show me how we can actually verify that it's fair.
Also, I'd like to know the actual house edge. Can't be very low, since you guys give 1.5% of all bets to your affiliate partners.



Edit: this is weird, on this thread you claim 1.5% of all bets for affiliates, but on your site you give 5%. That must be an insane house edge you have there

The text on the site is not updated , will be done in few moments.

This is only my personal opinion you can take it or leave it. Website looks good but, the game felt too slow for me. It would be better if you have a live support. House edge is pretty big, no gambler would ever want to play on a casino with high house edge. The chart is going up and down randomly so the fairness is questionable So, there is no option to verify the bets yet.
As explained before the game house edge is not based on the multiplier only but also on the exact point on the graph in the current moment

This is only my personal opinion you can take it or leave it. Website looks good but, the game felt too slow for me. It would be better if you have a live support. House edge is pretty big, no gambler would ever want to play on a casino with high house edge. The chart is going up and down randomly so the fairness is questionable So, there is no option to verify the bets yet.
It would really big just imagine on the things he do said that you can potentially earn up from 75%-95% basing on the efficiency of your prediction.
In short they do set out 5% an assurance house edge because only 95% will only be given out and lower than that it would base into numbers or on the results.

Provably fairness lurks still on the shadows.
Provably fairness explanation will be add in the next couple of days
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July 16, 2018, 07:34:33 PM
 #7



How does it work?
The graph goes randomly up and down while the average point of the graph is always 1.00 - All the results are pregenerated so the game is completely fair and is not influenced by the website owners in anyway!
What you have to do is to guess if the graph will be lower or higher the current point on the graph , The site will multiply your bet according your betting efficiency.
I though this is a binary option site and trying to seek out on which price you do had followed (I though it is on BTC price) but im shocked you have stated that it is randomly going up and down?
This is prone to manipulation of such movement we dont even able to check out the fairness of those movements.
What is efficiency?
Efficiency determines the multiplier on correct prediction. 75% efficiency means you'll be rewarded 75% of your bet amount once round ends. Efficiency grows up to 95% as you win predictions.

Thats freaking 25% house edge on that case where you would able to get 1.75 if you do able to hit prediction.
There isn't actual house edge in the game , since the higher/lower the graph is the more chance the user has to win , for example if the graph is at 1.15 there is way more chances that the end point will be less than that since the average point is 1.00 , We are working on adding a provably fair explanation that will be simple as possible for every user and the math behind the game.
I do agree that this isn't actually a house edge as you are the one who will predict if it will be higher and lower on a certain point, you can actually be the one to choose to put your bet prediction set at "higher" when you see the graph is at its lowest point giving you a greater chance that it will go up, the same thing can be said when it is at its top price you can set your bet at a "lower" prediction. Provided that this game is provably fair I think that this is a fair game for gamblers. I do think that starting at 75% efficiency is kinda low maybe starting at 80% should be better.

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July 16, 2018, 10:46:45 PM
 #8

Another thing that does concern me though, is that they claim to be provably fair (which would be a good thing), but I can't find a way on your site to actually verify it. Can you guys show me how we can actually verify that it's fair.
They have a tab called 'provable fair' which have listed down the functions to generate a hash and create the graph on random outputs. Although I have not tested them out with an actual outcome, I will be doing it in a few minutes.

Also, I'd like to know the actual house edge. Can't be very low, since you guys give 1.5% of all bets to your affiliate partners.
No trace of house-edge found in the given formula.

The project looks a bit interesting but a dice game with plain numbers is always more welcomed on the screen over a fancy graph. Wink

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July 16, 2018, 11:30:12 PM
 #9

I just checked on your site, it is pretty good to have such binary game. This is been so long since someone is trying to made any nice binary gamble. But when it comes to the payout, is there anyway to verify our bet that it is a provably fair? Which price are you referring your higher and lower payout? As you can see here, provably fair system is a must for every site. If only you can tell us how it works may be everything should be good

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