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Author Topic: Peerbet.org - Play without house edge!  (Read 106570 times)
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July 07, 2013, 10:11:59 PM
 #481

I have an idea, though it may have been mentioned before. How about a lottery option? You put a lottery prize, say 0.001BTC and sell 100k tickets for .0000015BTC - .000002BTC. You can do something like this now but you are betting against other people. With the new option, you put up the prize and get people to bet against each other without you risking a loss. You can also add in a ticket threshold so the person who puts up the prize turns a profit. Only slightly different from what goes on now but it might be different enough to bring in more people or give current users a different way to gamble.
giantdragon (OP)
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July 08, 2013, 01:37:04 AM
 #482

How about a lottery option? You put a lottery prize, say 0.001BTC and sell 100k tickets for .0000015BTC - .000002BTC. You can do something like this now but you are betting against other people. With the new option, you put up the prize and get people to bet against each other without you risking a loss. You can also add in a ticket threshold so the person who puts up the prize turns a profit. Only slightly different from what goes on now but it might be different enough to bring in more people or give current users a different way to gamble.
In this scheme operator must participate in games, which makes Peerbet no more peer-to-peer playing, but a gambling entity (that have legal risks).
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July 08, 2013, 08:06:41 PM
 #483



english > italian
spanish > italian
Are you native Italian?


I Am native Italian...can i help you?
giantdragon (OP)
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July 08, 2013, 08:54:07 PM
 #484

I Am native Italian...can i help you?
Thank you, but as you can see we already have Italian locale. However, if it has bad quality you can proofread.
giantdragon (OP)
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July 13, 2013, 03:33:41 PM
 #485

Made some updates in chat PM system.
Private messages from bots will be highlighted the same way as messages from users (blue color). Also recipient username will be shown for outgoing PMs.
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July 13, 2013, 11:39:36 PM
 #486

I Am native Italian...can i help you?
Thank you, but as you can see we already have Italian locale. However, if it has bad quality you can proofread.
in case how i can  contact you?
giantdragon (OP)
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July 14, 2013, 12:36:37 AM
 #487

in case how i can  contact you?
Send PM on Bitcointalk or use Contact Us form:
https://peerbet.org/contact.php
KgBC
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July 15, 2013, 12:14:43 AM
 #488

Hey, we just started a user-driven wiki for Peerbet.org players:

http://peerbetwiki.3owl.com

Help us grow!
King regards
KgBC alias The Brain
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July 18, 2013, 02:22:14 AM
 #489

english to malay already have or not?
I know malay

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giantdragon (OP)
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July 18, 2013, 03:30:28 AM
 #490

english to malay already have or not?
I know malay
Malay is already done.
pocesar
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July 23, 2013, 01:17:00 PM
 #491

I'm kinda addicted to this site, and losing everything after a long winning streak, every time, it's a bad sign of my addiction...

https://github.com/pocesar - BTC 1KLRAFHGGhE2WiRASkASatvMR1vALmkB9L
HollowIP
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July 23, 2013, 03:54:44 PM
 #492

Part of the problem I have with this site is that users create their own lottos, but also buy around 90% of the tickets or so, giving that player a huge advantage. This makes it incredibly hard to profit/win off of unless you create your own lotto and buy the majority of tickets. So it's rare to find equally fair bets. Maybe have an option for that? Or, perhaps each user can only buy up to 50% of their own lotto tickets?
I think it would spark more interest and up the profits going in and out. Smiley

BTC-  3FofPhtcESndpyLTJTJEnpShdHgbN82pAz
pocesar
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July 23, 2013, 04:33:03 PM
 #493

Part of the problem I have with this site is that users create their own lottos, but also buy around 90% of the tickets or so, giving that player a huge advantage. This makes it incredibly hard to profit/win off of unless you create your own lotto and buy the majority of tickets. So it's rare to find equally fair bets. Maybe have an option for that? Or, perhaps each user can only buy up to 50% of their own lotto tickets?
I think it would spark more interest and up the profits going in and out. Smiley

say you create a game with 10 tickets, and you buy 9, leaving 1 for others to buy, at 0.005 BTC each, they lose only 0.005 and you MIGHT lose 0.045 BTC, since you still give 10% chance for them. High risk for you and low profit for you, high profit chance for the other user at a small price, it's pretty simple.

https://github.com/pocesar - BTC 1KLRAFHGGhE2WiRASkASatvMR1vALmkB9L
pedrog
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July 23, 2013, 05:16:10 PM
 #494

Part of the problem I have with this site is that users create their own lottos, but also buy around 90% of the tickets or so, giving that player a huge advantage. This makes it incredibly hard to profit/win off of unless you create your own lotto and buy the majority of tickets. So it's rare to find equally fair bets. Maybe have an option for that? Or, perhaps each user can only buy up to 50% of their own lotto tickets?
I think it would spark more interest and up the profits going in and out. Smiley

say you create a game with 10 tickets, and you buy 9, leaving 1 for others to buy, at 0.005 BTC each, they lose only 0.005 and you MIGHT lose 0.045 BTC, since you still give 10% chance for them. High risk for you and low profit for you, high profit chance for the other user at a small price, it's pretty simple.

Yap, with those odds a player will lose 10% of the raffles, so he will need to win 9 raffles just to cover that one loss.

Yeah Math!

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July 24, 2013, 02:07:07 AM
 #495

If more people used this site, by the thousands, there could be mini lottos happening round the clock 24/7.
And basically for free. 100 satoshis or less can be made free from many sites. The odds are way better than a traditional lotto.
I'm in no way connected with the site, just passing along a thought.
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July 24, 2013, 02:07:17 AM
 #496

Hey, we just started a user-driven wiki for Peerbet.org players:

http://peerbetwiki.3owl.com

Help us grow!
King regards
KgBC alias The Brain

Nice implementation!

That's great, specially for newbies learn how available bots work.

Suggestion for bots wiki section: add the winning odds for each bot's game; if it's provably fair; if there are available jackpots; (un)limited tickets; etc.

Keep up the good work!

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giantdragon (OP)
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July 25, 2013, 03:54:05 PM
 #497

CoinURL ads have been temporarily removed from Peerbet because some of them contains malware.
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July 25, 2013, 08:41:01 PM
 #498

Thanks for not letting CoinURL's stupidity get in the way of everyone's betting.

giantdragon (OP)
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July 26, 2013, 10:40:28 PM
 #499

Deposit refuses to clear. This happens a little too often...

txid: 1501599ee28489fb74c1ed704b0b28ccfa1e7f4c233aa876587f0fee89d1aa6e
Thanks for notification...
As I said in previous posts, Peerbet uses third-party payments notification service which sometimes goes down. I contacted admin, he must fix soon!
Also I have credited your deposit manually.

P.S. We temporarily switched to Blochain.info API, so subsequent deposits must be credited without delay.
giantdragon (OP)
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July 26, 2013, 10:48:05 PM
 #500

That's nice to hear, but... where's my money?
I have edited previous post. Check your account again.

Quote
Also I have credited your deposit manually.
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