y4x.com: BTC awarded on first block that has a bid

[Nite69]

You get better chances, if you pay the transaction fee :-D. I just played all 0.01 0.05 and 0.1 .. and of course, the biggest one did not have the fee included -> lost that one.

But that's the spirit of the game :-D. pay you taxes and you get luckier ;-)

Actually, you can increase your chances, if you know bitcoin. I do not know if it's good or bad Anyway, here are some basics I'm aware of:
- pay the fee, your payment is more likely included in the block
- use a bitocoin client with as many connections to the network as possible (maybe forced connections to largest pools?).
- follow blockchain.info main page also and refresh it just before you hit 'send'. don't hit, if there is a new block ;-)

[dooglus]

You get better chances, if you pay the transaction fee :-D. I just played all 0.01 0.05 and 0.1 .. and of course, the biggest one did not have the fee included -> lost that one.

In the case I'm thinking of I paid 0.0015 in fees, the initial bet only paid 0.0005, but still the initial bet got into a block before I did.  Both transactions hit blockchain.info long before the block was found.  The miner just decided to include the tx with the smaller fee rather than mine for some reason.

[BitcoinHoarder]

You get better chances, if you pay the transaction fee :-D. I just played all 0.01 0.05 and 0.1 .. and of course, the biggest one did not have the fee included -> lost that one.

In the case I'm thinking of I paid 0.0015 in fees, the initial bet only paid 0.0005, but still the initial bet got into a block before I did.  Both transactions hit blockchain.info long before the block was found.  The miner just decided to include the tx with the smaller fee rather than mine for some reason.

Sounds like the miner didn't have your tx... or he discriminates against high fees

[dooglus]

Sounds like the miner didn't have your tx... or he discriminates against high fees

My tx had a lot of small inputs - which is why the default client decided to include 3 times the usual fee I guess.

The miner may have decided it's better to include 3 small transactions rather than my 1 big one.

It just happened again by the way.  This time both transactions had the same minimum fee, but only the initial bet got into the block:
  http://blockchain.info/address/1Y4jkMHYjG8M9GeTgCZvkmsQLdwP9Q9me

In this case my transaction was smaller than the first bet, since it only had one input.

[Nite69]

I think rolltime functionality has increased the possibility that a transaction is not included in the next block. Pools can re-use the same block longer time.

[BitcoinHoarder]

Sounds like the miner didn't have your tx... or he discriminates against high fees

My tx had a lot of small inputs - which is why the default client decided to include 3 times the usual fee I guess.

The miner may have decided it's better to include 3 small transactions rather than my 1 big one.

It just happened again by the way.  This time both transactions had the same minimum fee, but only the initial bet got into the block:
  http://blockchain.info/address/1Y4jkMHYjG8M9GeTgCZvkmsQLdwP9Q9me

In this case my transaction was smaller than the first bet, since it only had one input.

How many nodes are you connected to with your sending client?  Blockchain.info is very easy to get broadcast to because they have 2500+ connections with their custom implementation.  You need more connections to increase your chances to get to miners maybe?

[dooglus]

How many nodes are you connected to with your sending client?  Blockchain.info is very easy to get broadcast to because they have 2500+ connections with their custom implementation.  You need more connections to increase your chances to get to miners maybe?

14 at the moment.

[Ploo]

The problem with having your transaction more appealing/accessible to miners is the scenario in which only your transactions are included in the next block and your competitors/starting bid aren't.

[dooglus]

The problem with having your transaction more appealing/accessible to miners is the scenario in which only your transactions are included in the next block and your competitors/starting bid aren't.

So long as my transactions all get in, I'm OK.  At least then I break even (except for the fee).

The problem is when mine don't get in.  Then I lose.

[ThePok]

I payed Fee, and one Minit later comes the Block, still didnt get in

That Game makes no fun this way

Its not realy about who bids last

Yes, iam crying loud as a Baby

But you need Happy users, Happy users play again, even if they lose, but in a fair way

http://blockchain.info/address/1Y4TGvLDohNfNkVMKCzt6DJ1G7HEhccdy

[BitcoinHoarder]

I payed Fee, and one Minit later comes the Block, still didnt get in

That Game makes no fun this way

Its not realy about who bids last

Yes, iam crying loud as a Baby

But you need Happy users, Happy users play again, even if they lose, but in a fair way

http://blockchain.info/address/1Y4TGvLDohNfNkVMKCzt6DJ1G7HEhccdy

You placed your bid 12 minutes after the address was revealed and you are not happy?  That's pretty risky, people who win just place their bid immediately and then pay close attention to whether anyone is trying to outbid them.

In form of an update I added a small amount 0.001 for those who don't want to commit a lot of BTC and I staggered the start time.  So 0.001 starts 1 minute between, 0.01 is 2 minutes, 0.05 is 5 minutes and 0.1 is ten minutes.

Enjoy!

[Ploo]

Maybe you could have a less frequent, bigger stakes game? 0.5 BTC every 4 hours or so.

[BitcoinHoarder]

Maybe you could have a less frequent, bigger stakes game? 0.5 BTC every 4 hours or so.

For sure, I like the idea of bigger stakes.  So far I am keeping larger stakes for events... like I am going to have a big stakes for New Years Day.  That reminds me, I should add the New Years stake.

[Nite69]

Maybe initial bets 0.01, 0.02,0.04, 0.08 etc so people can try martingale ;-)

[dooglus]

Maybe initial bets 0.01, 0.02,0.04, 0.08 etc so people can try martingale ;-)

That's a fun idea. 

[BitcoinHoarder]

Maybe initial bets 0.01, 0.02,0.04, 0.08 etc so people can try martingale ;-)

This is different in that you can win many multiples of your bet (not just 1x like black/red on roulette) if you get in late enough to get the whole pot.  You can only martingale if nobody else is playing against you.

[dooglus]

Maybe initial bets 0.01, 0.02,0.04, 0.08 etc so people can try martingale ;-)

This is different in that you can win many multiples of your bet (not just 1x like black/red on roulette) if you get in late enough to get the whole pot.  You can only martingale if nobody else is playing against you.

So it's not strictly martingale betting.  But players could still keep 'moving up' to the next stake level until they win, making it very martingale-like.  If you bet close to (but higher than) the highest existing bet each time then your winnings will be very close to, and possibly more than, the sum of your bets.

[Nite69]

Oh man ...

i did send 0.101 BTC to 1Y4wvaZXLNkSfYC4RCL9ZK4gvSYYFZovD ...
my Transaction got included in the Block, but not the Startingbet!!!

That System is bad

Maybe, last bet in the block afterto the block with the initionalbet should be the winner!?!

Same thing happened to me :

http://blockchain.info/address/1Y4gqnxNJP5UK27EhKoc24AvJQtpKMEnY

This time, the initial bid *did not* have a fee, and it got included 3 blocks later!

Of course, the system tells the rules, so this is a known risk to the player. However, it makes the playing less attractive. I would also prefer a slight change to the rules; the winning bet should be searched from the block where the intial bed is *and* earlier blocks.

But of course, this is my opinion (and ThePok's ?), but  the host defines the rules...

Edit: hmm.. I think I actually won, but I only won back my bet, without the initial bed. And minus fees, of course :-D

Edit2: Here is the transaction where the win came to my wallet, if you are interested:
http://blockchain.info/tx-index/36240968/2487f45d1b3c369b1f493dbe35f00ab0224887f52fe6595ee409cda7a1ed997e

[Nite69]

I payed Fee, and one Minit later comes the Block, still didnt get in

That Game makes no fun this way

Its not realy about who bids last

Yes, iam crying loud as a Baby

But you need Happy users, Happy users play again, even if they lose, but in a fair way

http://blockchain.info/address/1Y4TGvLDohNfNkVMKCzt6DJ1G7HEhccdy

However, in this I must disagree. This is part of the rules, and I find it fair. There is a risk the player takes.

Of course, the rules could be different, but then the house should take a fee from all winnings. There is no point to make this kind of site just to spread bitcoins :-)

[BitcoinHoarder]

Oh man ...

i did send 0.101 BTC to 1Y4wvaZXLNkSfYC4RCL9ZK4gvSYYFZovD ...
my Transaction got included in the Block, but not the Startingbet!!!

That System is bad

Maybe, last bet in the block afterto the block with the initionalbet should be the winner!?!

Same thing happened to me :

http://blockchain.info/address/1Y4gqnxNJP5UK27EhKoc24AvJQtpKMEnY

This time, the initial bid *did not* have a fee, and it got included 3 blocks later!

Of course, the system tells the rules, so this is a known risk to the player. However, it makes the playing less attractive. I would also prefer a slight change to the rules; the winning bet should be searched from the block where the intial bed is *and* earlier blocks.

But of course, this is my opinion (and ThePok's ?), but  the host defines the rules...

Edit: hmm.. I think I actually won, but I only won back my bet, without the initial bed. And minus fees, of course :-D

Edit2: Here is the transaction where the win came to my wallet, if you are interested:
http://blockchain.info/tx-index/36240968/2487f45d1b3c369b1f493dbe35f00ab0224887f52fe6595ee409cda7a1ed997e

Argh, I just updated my bitcoind and I lost the paytxfee value, so indeed I was not attaching a fee to the initial bids.  This is fixed.  I have sent you the missing .10 that you should have had for the bid and I sent you an additional .25 for reporting the bug.  Thanks.

I am not an advocate of ensuring the initial bid is included for three reasons: 1) It is rare.  Excluding this issue where I wasn't sending a fee, the initial bid almost always get the first block.  2) The player is only losing a potential win, they get their initial bid back.  So yes, you don't get the initial bid but "no harm done".  3) This game is not about winning the initial bid, it's about winning the pot.  If there were more than 1 player on the pot then 99% of the payout will come from the bidding.