Casinobit - no house edge, 100% payout

[CasinoBit]

No house edge, 100% payout!

Key ideologies:

• No house edge, all games are free!
• No spamming the bitcoin network! We pay generous transaction fees!
• High quality HTML5 games.
• Anonymity is always a priority, we never save more information about you than what is necessary to operate, after which we securely dispose of it.
• Mental games that don't use a TTP are always better than ones that do.
• Responsible gambling.

HTML5, multi-platform poker is soon to be added, deadline is somewhere in the near 2 week. Casinobit will be the first Casino to use such technology.
Try http://www.casinobit.net you won't be disappointed!

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[giantdragon]

Please, be honest... You offer to play against the house and winner is being determined by your own random number generator. Therefore you can change outcome of any game or to know the results before it completes, so your house edge can magically climb from 0 to 100%.

Players, be cautious!

[BitcoinHoarder]

Is there some verifiability in your games?  Do you release information so that we can prove wins and losses?

[CasinoBit]

Please, be honest... You offer to play against the house and winner is being determined by your own random number generator. Therefore you can change outcome of any game or to know the results before it completes, so your house edge can magically climb from 0 to 100%.

Players, be cautious!

Is there some verifiability in your games?  Do you release information so that we can prove wins and losses?

Currently the game on the main page is a beta of sorts, with bitcoin being a public P2P network you can estimate the house edge yourself plus there isn't any casino which is more secure. It has come to our attention that some casinos are unauthentic:

Haystack answer
A haystack answer (or statement) is a volume of false or irrelevant information, possibly containing a true fact (the needle in the "haystack"). Even if the truth is included, it is difficult or impossible to detect and identify. In this way, the legendary Leprechaun hid his pot of gold,[4] even after it had been found.

Lying by omission
Also known as a continuing misrepresentation, a lie by omission occurs when an important fact is left out in order to foster a misconception. Lying by omission includes failures to correct pre-existing misconceptions. When the seller of a car declares it has been serviced regularly but does not tell that a fault was reported at the last service, the seller lies by omission.

Some casinos claim to be fair and some even claim to be provably fair when in reality they lie somewhere between the two definitions above since:
A) Nothing stops a casino from disconnecting from a player in the event of the player receiving a hand which is likely to win.
B) Nothing stops the casino from bruteforcing different keys incase a TTP is used to get an outcome which is the most profitable for the TTP.
C) Even such casinos which are considered 100% secure and use the last transaction or the hash of all transactions as means of determing a winning hand/number/player can still bruteforce the outcome by sending small amounts to themselves.
D) People that own shares of any competing casino don't state that clearly in their posts when bashing us to not make their personal gain obvious which is unethical in the real business world.
Thus any casino which claims to be fair/provably fair while having a TTP are liars at best and we are at least as trustworthy as them if not more since we are more serious regarding the matter and ready to invest a lot more funds into our casino.

Since having no TTP at all seems to be the only real answer to having a truly verifiable casino this has been our milestone and will always continue to be, until we get enough interest/investors/funds to support such a project.

[BitcoinHoarder]

I'm confused, why don't you just determine the games ahead of time and release the proof that you didn't cheat?  You are asking players to trust you because way after the fact you can estimate whether you had an edge or not.  That's kind of shaky evidence when you could just as easily release the order of your outcomes and we can both determine that you didn't change any outcomes and that there is no house edge.

To be completely frank, I am skeptical of a house that claims to have no edge.  Players don't care if a casino takes 1% (or whatever percent).

[giantdragon]

Thus any casino which claims to be fair/provably fair while having a TTP are liars

I will believe your words if you are able to describe in details how to cheat for the SatoshiDICE operator.
Contrary, it is very easy to cheat for you as I have wrote in my previous post.

[CasinoBit]

I'm confused, why don't you just determine the games ahead of time and release the proof that you didn't cheat?  You are asking players to trust you because way after the fact you can estimate whether you had an edge or not.  That's kind of shaky evidence when you could just as easily release the order of your outcomes and we can both determine that you didn't change any outcomes and that there is no house edge.

To be completely frank, I am skeptical of a house that claims to have no edge.  Players don't care if a casino takes 1% (or whatever percent).

At the moment I doubt there is a casino in the world which is provably fair let alone one which accepts bitcoins anyone who claims otherwise is throwing around statements which are way too strong for him to comprehend and the 1% might not seem like a lot but in the long run it's the 1% that gets you.

Thus any casino which claims to be fair/provably fair while having a TTP are liars

I will believe your words if you are able to describe in details how to cheat for the SatoshiDICE operator.
Contrary, it is very easy to cheat for you as I have wrote in my previous post.

It is possible for them to rob their investors by sending selective transactions to themselves since they know the secret list ahead of time. The casinos you keep mentioning don't even have contact information when in our casino you can always open a ticket and someone will get back to you, even if you ignore the fact that they are detrimental to the bitcoin community.

I will much rather think how we can really prove that we are trustworthy instead of proving that others aren't, we are in the creative business, not the competitive one.

[giantdragon]

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.

[CasinoBit]

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.

[giantdragon]

Secret list! List! Not the transaction ID.

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

You are writing bullshit! Really!

LUCKY NUMBER
The lucky number used to determine the winner of games is simple. It is simply the first bytes of hmac_sha512(secert,txid). That would be the secret string as the key and the transaction ID of your bet transaction as the data.

http://www.satoshidice.com -> Verification

[CasinoBit]

Secret list! List! Not the transaction ID.

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

You are writing bullshit! Really!

LUCKY NUMBER
The lucky number used to determine the winner of games is simple. It is simply the first bytes of hmac_sha512(secert,txid). That would be the secret string as the key and the transaction ID of your bet transaction as the data.

http://www.satoshidice.com -> Verification

SECRETS
So that is all well and good for the hashes but those are just hashes, not the actual secrets used. After a day has been over for at least 24 hours the system will release the secret used. Then you can verify that the hash of the secret matches the published hash in the hash file. This demonstrates that the system used the secret it promised it would use. A list of secrets for previous days can be found here: secret list

This thread isn't about putting down any other website, it's about putting ours up, but it is possible for them to cheat you. You can open a different thread and discuss it there, please stop hijacking threads and backlinking from them.

[BitcoinHoarder]

Player beware.

[dooglus]

What's a TTP?  Do you mean "trusted third party"?

SatoshiDice can certainly place bets against themselves, and can tell whether any given bet will win or not before publishing the transaction.  In that way they can defraud their shareholders by "winning" their profits for themselves.

A) Nothing stops a casino from disconnecting from a player in the event of the player receiving a hand which is likely to win.

Any decent casino will save the state of the game.  If you get disconnected you just reconnect and carry on where you left off.

B) Nothing stops the casino from bruteforcing different keys incase a TTP is used to get an outcome which is the most profitable for the TTP.

Yes, it does.  Use a big enough hash and bruteforcing becomes untenable.  sha256 is big enough if you hash a long enough secret.

C) Even such casinos which are considered 100% secure and use the last transaction or the hash of all transactions as means of determing a winning hand/number/player can still bruteforce the outcome by sending small amounts to themselves.

I don't care about bets they make against themselves.  So long as they can prove that their interactions with me are fair that's enough.  I know SatoshiDice could be cooking their books to defraud their investors.  I also know that when I make the "lessthan 32768" bet with them I have exactly 50% chance of winning.  I'm not an investor of theirs.  As a customer I know I'm getting a fair deal.

D) People that own shares of any competing casino don't state that clearly in their posts when bashing us to not make their personal gain obvious which is unethical in the real business world.
Thus any casino which claims to be fair/provably fair while having a TTP are liars at best and we are at least as trustworthy as them if not more since we are more serious regarding the matter and ready to invest a lot more funds into our casino.

Provable fairness (as used by satoshidice and bitzino.com for example) doesn't require a trusted third party.  The randomness comes from the customer providing some data that the house can't know in advance.  In the case of satoshidice the customer provides the txid.  At bitzino the customer provides an arbitrary "client seed".  In both cases the data provided by the customer determines the result of the bet, but so does the secret known only by the house.  The hash of the secret is provided before the customer provides their data, which ensures fairness.

[dooglus]

Aside from the above, I tried making an account.

* it complained that my password was too secure.  maximum 15 characters allowed

* the captcha you use is very hard to read

* once I eventually got registered I tried logging in and got an ugly error page:



I guess I'll give up for now.

[🏰 TradeFortress 🏰]

Are you serious? This is *horribad* programming.

1. You are using mysql, NOT mysqli. Mysql is deprecated.

2. You don't buffer headers, which is why you get the second error.

3. The architecture of your code is pretty bad. Why's that important? Because it shows you are not putting effort in development.

4. YOU ARE NOT SUPPRESSING ERRORS.

Watch out for pen testers.

[CasinoBit]

Are you serious? This is *horribad* programming.

1. You are using mysql, NOT mysqli. Mysql is deprecated.

2. You don't buffer headers, which is why you get the second error.

3. The architecture of your code is pretty bad. Why's that important? Because it shows you are not putting effort in development.

4. YOU ARE NOT SUPPRESSING ERRORS.

Watch out for pen testers.

This is why it is a beta of sorts, try to hack it, I dare every player.

And I don't agree with the 3rd statement, we put more effort than 95% of casinos currently (if not all).

[BitcoinHoarder]

And I don't agree with the 3rd statement, we put more effort than 95% of casinos currently (if not all).

You may be putting in *effort* but you are not producing quality outcomes.  TradeFortress is correct, if you are even using mysql instead of mysqli you are behind the php curve by a few years.  Languages evolve for important reasons, developers don't just deprecate the interface to the single most popular amateur database for no reason.  For example, you must not be using Prepared Statements... that's a structural issue, not a "beta" issue.

[CasinoBit]

And I don't agree with the 3rd statement, we put more effort than 95% of casinos currently (if not all).

You may be putting in *effort* but you are not producing quality outcomes.  TradeFortress is correct, if you are even using mysql instead of mysqli you are behind the php curve by a few years.  Languages evolve for important reasons, developers don't just deprecate the interface to the single most popular amateur database for no reason.  For example, you must not be using Prepared Statements... that's a structural issue, not a "beta" issue.

It is irrelevant, don't tell us how to handle our business please, we have had numerous attacks on our services, the last one happened ~10 minutes ago, never was there any data or bitcoin loss.

All the bugs reported by dooglus have been fixed.

[CasinoBit]

No house edge, 100% payout!

Key ideologies:

• No house edge, all games are free!
• No spamming the bitcoin network! We pay generous transaction fees!
• High quality HTML5 games.
• Anonymity is always a priority, we never save more information about you than what is necessary to operate, after which we securely dispose of it.
• Mental games that don't use a TTP are always better than ones that do.
• Responsible gambling.

HTML5, multi-platform poker is soon to be added, deadline is somewhere in the near 2 week. Casinobit will be the first Casino to use such technology.
Try http://www.casinobit.net you won't be disappointed!

Drop dead, you and all other gamble providers.

Hi there you must own stocks of one of our competitors and no, we will never go away.

The concept is liberating not just to the bitcoin community but to the gambling community as a whole.

[Lurk]

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