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Author Topic: Casinobit - no house edge, 100% payout  (Read 7872 times)
CasinoBit
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December 09, 2012, 03:53:58 PM
 #21

I have a gambling problem and i wouldnt touch this site with my worst enemy's bitcoins

Maybe currently you wouldn't but soon we will have commercial quality Texas Holdem, also no house fees  Wink

(Not that I encourage your terrible gambling addiction in any way)
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December 09, 2012, 06:40:45 PM
 #22

All the bugs reported by dooglus have been fixed.

I still find it hard to read the captcha:



and you still won't let me use the password I want to (and the error message doesn't fit in the box it's meant to):



I've still not got to play any games so I can't tell if you've fixed the biggest problem - that your games lacked provable fairness.  But given your first post on the subject I doubt you think it's worth doing.

Edit: I used a shorter password, managed to register, then when I went to sign in it asked for a new captcha:



but I guess I read it wrong, because then it did this:



and I can't see where to go from there.  There's no option to try logging in again.

The whole feel of the site isn't very slick.  It feels like something that's only just been put together and needs the rough edges taken off.

Just-Dice                 ██             
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   1% House Edge
dooglus
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December 09, 2012, 06:49:45 PM
 #23

I'm also a little confused.  Why do I need to register and provide an email address if you're

Quote
the number 1 online anonymous casino site and online poker in the world.

?

The game that appeared when I finally got logged in seems to be a little like satoshidice.  I send coins to an address to bet, and you return winnings to the address I sent from.  Why even ask for registration if that's the game?

Finally, is this how the game is meant to look?



It looks like there might be some small text in those green boxes.  If you chose a colour that contrasted with the green I might be able to tell for sure.

Just-Dice                 ██             
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   1% House Edge
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December 09, 2012, 07:00:47 PM
 #24

No house edge, 100% payout!

Nobody asked the real question, which I'm sure is the basis for all the skepticism. If your payout is 100%, how do you make money? How do you even pay the transaction fees?

Buy stuff on Amazon at a discount with bitcoins or convert Amazon points to bitcoins: Purse.io
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December 09, 2012, 07:22:12 PM
 #25

I'm also a little confused.  Why do I need to register and provide an email address if you're

Quote
the number 1 online anonymous casino site and online poker in the world.

?

The game that appeared when I finally got logged in seems to be a little like satoshidice.  I send coins to an address to bet, and you return winnings to the address I sent from.  Why even ask for registration if that's the game?

Finally, is this how the game is meant to look?



It looks like there might be some small text in those green boxes.  If you chose a colour that contrasted with the green I might be able to tell for sure.

The game on the main page doesn't require registration, you can send an amount and receive back at your address. The captcha is meant to be that way and the email is for opening support tickets on the site, if we value our customers anonimity it doesn't mean that we never contact our players. It isn't at all like anything, it gives you a sense of community and brings people together, a whole new experience.

And we do not have support for the color blind at the moment sorry  Wink
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December 09, 2012, 07:49:54 PM
 #26

just a note, if you're veryfying the password length, I can assume that you're storing the passwords in the database as plain text.

Man, it's a high security flaw, passwords in a database MUST be hashed and salted. I'malmost sure you don't know what I'm talking about, so take a time to learn more about it, and you should start reading here:

http://blog.moertel.com/articles/2006/12/15/never-store-passwords-in-a-database

and also see this site:

http://plaintextoffenders.com/about/

CasinoBit
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December 09, 2012, 07:56:58 PM
 #27

just a note, if you're veryfying the password length, I can assume that you're storing the passwords in the database as plain text.

Man, it's a high security flaw, passwords in a database MUST be hashed and salted. I'malmost sure you don't know what I'm talking about, so take a time to learn more about it, and you should start reading here:

http://blog.moertel.com/articles/2006/12/15/never-store-passwords-in-a-database

and also see this site:

http://plaintextoffenders.com/about/

Are you kidding me?
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December 09, 2012, 08:09:18 PM
 #28

Lol at all the people bashing this so hard.  Take the stick out of your ass and move on.

CasinoBit
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December 09, 2012, 08:13:30 PM
 #29

Lol at all the people bashing this so hard.  Take the stick out of your ass and move on.

Competitors trying to bash us I guess.

No house edge, 100% payout!

Nobody asked the real question, which I'm sure is the basis for all the skepticism. If your payout is 100%, how do you make money? How do you even pay the transaction fees?

Currently we do not make money, the transactions fees are paid on behalf of the users. (Thus no house fees because the transactions fees are paid to the house)

In the near future we will have a third party operating as an exchange, this is where the profits will come from.
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December 09, 2012, 08:14:33 PM
 #30

since they know the secret list ahead of time.
You are wrong again! It is impossible for the SatoshiDice to know a Transaction ID ahead of time.

Secret list! List! Not the transaction ID.

I swear it's like people keep repeating what others said instead of thinking for themselves.

This is troubling.  I'm not much of a gambler, and haven't ever played SatoshiDice, but someone bringing a casino to the Bitcoin community is really not doing their homework to not understand how SatoshiDice's hashing works and why knowing the secret list ahead of time isn't a problem if it's being hashed with the transaction ID.  The algorithm is too simple for someone willing to build a casino website to not understand, and the overconfident attitude is highly misplaced.  Sorry, but I must apply my stamp of disapproval to this one.

Just to make it clear, I have no interest in anything gambling-related whatsoever.

Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable.  I never believe them.  If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins.  I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion.  Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice.  Don't keep coins online. Use paper or hardware wallets instead.
CasinoBit
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December 09, 2012, 08:58:58 PM
 #31

since they know the secret list ahead of time.
You are wrong again! It is impossible for the SatoshiDice to know a Transaction ID ahead of time.

Secret list! List! Not the transaction ID.

I swear it's like people keep repeating what others said instead of thinking for themselves.

This is troubling.  I'm not much of a gambler, and haven't ever played SatoshiDice, but someone bringing a casino to the Bitcoin community is really not doing their homework to not understand how SatoshiDice's hashing works and why knowing the secret list ahead of time isn't a problem if it's being hashed with the transaction ID.  The algorithm is too simple for someone willing to build a casino website to not understand, and the overconfident attitude is highly misplaced.  Sorry, but I must apply my stamp of disapproval to this one.

Just to make it clear, I have no interest in anything gambling-related whatsoever.

Just to make things clear, I am just an administrator, not the owner or the support team or the programmers. I think you tend to get them mixed. If knowing the list ahead of time wouldn't be a problem it would be public wouldn't it?
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December 09, 2012, 09:59:15 PM
 #32

This is troubling.  I'm not much of a gambler, and haven't ever played SatoshiDice, but someone bringing a casino to the Bitcoin community is really not doing their homework to not understand how SatoshiDice's hashing works and why knowing the secret list ahead of time isn't a problem if it's being hashed with the transaction ID.

It is possible for them to rob their investors by sending selective transactions to themselves since they know the secret list ahead of time.

This part is actually true.  It is possible for SatoshiDice to deliberately make bets against themselves that they know in advance will win.  This will reduce their profits, and result in lower payouts to their investors.

It's not possible for SatoshiDice to cheat against their players though (except by using the wrong day's secret, or just not paying out at all).

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   1% House Edge
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December 10, 2012, 08:35:15 AM
 #33

If this is truly 100% pay out, will there be zero sum roulette tables?
And zero house edge black jack games?






.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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December 10, 2012, 09:35:57 AM
 #34

The amount of flame/fail/anger/promoting/smart-asses in this thread is too damn high!
CasinoBit
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December 10, 2012, 11:08:40 AM
 #35

The amount of flame/fail/anger/promoting/smart-asses in this thread is too damn high!



Couldn't have said it better myself and yes there will be zero house edge blackjack and roulette, problem is we are losing money so far, hope that will change when poker/bitcoin exchange will be implemented.
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December 10, 2012, 01:50:13 PM
 #36

Site keeps crashing. No other site does this, so it isn't my side.
Will this be fixed? Or it doesn't work in Firefox?



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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December 10, 2012, 02:05:39 PM
 #37

just a note, if you're veryfying the password length, I can assume that you're storing the passwords in the database as plain text.

Man, it's a high security flaw, passwords in a database MUST be hashed and salted. I'malmost sure you don't know what I'm talking about, so take a time to learn more about it, and you should start reading here:

http://blog.moertel.com/articles/2006/12/15/never-store-passwords-in-a-database

and also see this site:

http://plaintextoffenders.com/about/

Are you kidding me?

Ok, I admit that I was kinda stupid in my last post, I just learned about hash passwords, but this doesn't mean that no one else knows about it. So, my questions is, if you're hashing the passwords why are you concerned about the password length?

and here I couldn't run it in firefox also, only in chrome.


CasinoBit
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December 10, 2012, 02:52:15 PM
 #38

just a note, if you're veryfying the password length, I can assume that you're storing the passwords in the database as plain text.

Man, it's a high security flaw, passwords in a database MUST be hashed and salted. I'malmost sure you don't know what I'm talking about, so take a time to learn more about it, and you should start reading here:

http://blog.moertel.com/articles/2006/12/15/never-store-passwords-in-a-database

and also see this site:

http://plaintextoffenders.com/about/

Are you kidding me?

Ok, I admit that I was kinda stupid in my last post, I just learned about hash passwords, but this doesn't mean that no one else knows about it. So, my questions is, if you're hashing the passwords why are you concerned about the password length?

and here I couldn't run it in firefox also, only in chrome.



In case someone would bruteforce the hash it wouldn't be too fast to find the password and the maximum password length is just there so people won't forget their 35 character passwords. Of course it is also salted so even if someone would get access to the database it would still be impossible for him to access the accounts, the bitcoins themselves are stored at a remote server which accesses the website anonymously.

Site keeps crashing. No other site does this, so it isn't my side.
Will this be fixed? Or it doesn't work in Firefox?

People are trying to hack it, there have been a lot of attempts so far, I personally encourage every attempt since it would be better to get hacked early on than later.

since they know the secret list ahead of time.
You are wrong again! It is impossible for the SatoshiDice to know a Transaction ID ahead of time.

Secret list! List! Not the transaction ID.

I swear it's like people keep repeating what others said instead of thinking for themselves.

This is troubling.  I'm not much of a gambler, and haven't ever played SatoshiDice, but someone bringing a casino to the Bitcoin community is really not doing their homework to not understand how SatoshiDice's hashing works and why knowing the secret list ahead of time isn't a problem if it's being hashed with the transaction ID.  The algorithm is too simple for someone willing to build a casino website to not understand, and the overconfident attitude is highly misplaced.  Sorry, but I must apply my stamp of disapproval to this one.

Just to make it clear, I have no interest in anything gambling-related whatsoever.

I actually hoped you would swallow your pride there and admit that I was right for a second, especially considering you decided to delete your own post. Which further accused us of trying to scam.

I like you all guys regardless and appreciate the feedback  Wink
giantdragon
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December 10, 2012, 07:19:41 PM
 #39

No house edge? Really!!? With 2 zeroes on the roulette!!?

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December 10, 2012, 07:43:27 PM
 #40

I'm also a little confused.  Why do I need to register and provide an email address if you're

Quote
the number 1 online anonymous casino site and online poker in the world.

?

The game that appeared when I finally got logged in seems to be a little like satoshidice.  I send coins to an address to bet, and you return winnings to the address I sent from.  Why even ask for registration if that's the game?

Finally, is this how the game is meant to look?



It looks like there might be some small text in those green boxes.  If you chose a colour that contrasted with the green I might be able to tell for sure.

The game on the main page doesn't require registration, you can send an amount and receive back at your address. The captcha is meant to be that way and the email is for opening support tickets on the site, if we value our customers anonimity it doesn't mean that we never contact our players. It isn't at all like anything, it gives you a sense of community and brings people together, a whole new experience.

And we do not have support for the color blind at the moment sorry  Wink
Dooglas is the man when it comes to testing gambling sites. It doesn't look good to write him off as color blind when he is just trying to give you advice. You would think knowing that someone who potentially would play your games is having trouble would make you want to change it so the max amount of customers can play.

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