Betbit.co| Dice game | 0.1% house edge | Referral program | Bonuses that shock!

[prsnt]

just found this site..a little bet history on the main page would be nice..over all works for me..and instant withdrawal is a huge plus!

[joksim299]

What is the maximum win/maximum bet on dice (betbit.co)?

Is withdrawal instant?

Thanks

We don't have limits. And the withdrawal is instant.

That is really odd. You should apply kelly criterion on your bankroll especially for 0.1% house edge.
What  will happen if someone bet 100 btc at x3 and win?

[betbit.co]

What is the maximum win/maximum bet on dice (betbit.co)?

Is withdrawal instant?

Thanks

We don't have limits. And the withdrawal is instant.

That is really odd. You should apply kelly criterion on your bankroll especially for 0.1% house edge.
What  will happen if someone bet 100 btc at x3 and win?

He/She will become a very happy if win or very unhappy if lose

[DarkStar_]

We don't have limits. And the withdrawal is instant.

Sign a message from an address with infinite* bitcoins, proving you can pay out someone who wins. Something like that seems like you will run away as soon as someone makes a big win that you can't pay out (probably like what pocket dice is doing). You won't gain trust if someone can win an amount you don't have.

*Infinte is a bit much - I think one hundred thousand will do (multiple people have 1k BTC, and they could play at a 99 multiplier)

[payno]

simple looks but over all nice greeat ......

[Bitinity]

What is the maximum win/maximum bet on dice (betbit.co)?

Is withdrawal instant?

Thanks

We don't have limits. And the withdrawal is instant.

That is really odd. You should apply kelly criterion on your bankroll especially for 0.1% house edge.
What  will happen if someone bet 100 btc at x3 and win?

He/She will become a very happy if win or very unhappy if lose

Hmm, serious/important question but you ansewered it with a joke? Are you really sure that you can pay more than 100btc for a single bet? You should prove it if you say that there is no limit on winning. Sounds a bit fishy since most all sites has maximum winning for a single bet.

[len01]

nice site
so max payout is 25x?

[joksim299]

nice site
so max payout is 25x?

It is maximum multiplier, they do not have maximum win limit you can win infinite amount of BTC on their site.

[angga23]

try the best one 

[deepaksharma]

Very bad design.Not supports mobile.I need to logon to get hash.

[dom791114]

Easy to use site

Seems fair enough

Good faucet

[maku]

Is there a way to limit/turn off roll animation when rolling single bets? I find it unnecessary long an annoying after some time.

I read in your ToS that: "For safety, we store a limited amount of bitcoins in our hot wallet." - how high is this amount exactly?

[betbit.co]

Is there a way to limit/turn off roll animation when rolling single bets? I find it unnecessary long an annoying after some time.

I read in your ToS that: "For safety, we store a limited amount of bitcoins in our hot wallet." - how high is this amount exactly?

Nope, you can't turn off the animation.

Sorry, but I can't answer to your question. The information about amount of bitcoins on our hot wallet is confidential.

[Bitinity]

Is there a way to limit/turn off roll animation when rolling single bets? I find it unnecessary long an annoying after some time.

I read in your ToS that: "For safety, we store a limited amount of bitcoins in our hot wallet." - how high is this amount exactly?

Nope, you can't turn off the animation.

Sorry, but I can't answer to your question. The information about amount of bitcoins on our hot wallet is confidential.

Would you mind to reply DarkStar post about your bankroll? It is odd that you have no max winning on a single bet, how players will trust you that you will pay any amount of btc? You should learn on how to run a gambling site from the older/trusted sites like PD, betking, justdice etc.

[osboncop]

Hello,

This is a nice game, but it is really possible to win with this game? Is there anyone here who has won and made a withdraw here? The settings looks good, but it's very had to win with the game.. Also, I would suggest that you add more games and also a chat room ( this will include a rain pool where active users in the chat can earn from it) so that other members can interact with each other to make it a little more social. It's just so boring playing alone without interacting with other members on the site as well as when it's hard to win here.

[DarkStar_]

Sorry, but I can't answer to your question. The information about amount of bitcoins on our hot wallet is confidential.

How much BTC do you have stored in cold wallets? Are you willing to prove your solvency (though it can't really be proved since you don't have a max win).

Anyone have a deposit/withdraw transaction from Betbit.co? I'd like to try to do some blockchain analysis and see if I can find how much they have in their hot wallet.

[indralit]

different from other site.
what max win limit?
its have unlimited btc?

[mehakwaheed]

 

Yes there is no difference no difference in betting and the generated number are random. Our core doesn't changes.... I’ll try to explain on example. If you play with 99% win chance, that means that in about 100 games you may lose ~1 time. So because of the bug in the system, this started to work not for 1 player, but all the online players (about 200). So there were players who didn’t lose during 200 bets and players who lost more then they suppose to lose

That explanation doesn't make any sense. Your system should be generating a random number in the range of [0, 10000000) with an equal probability of each outcome. Doing anything different is as far as I'm concerned cheating. (Unless you explicitly and very clearly tell people otherwise)


My guess what happened, based on the freakishly weird streaks I and other players saw, and your explanation of making "1 player lose" -- you configured the system to predict peoples bets and picked a number that would make them lose. Perhaps it was an honest mistake and misunderstanding as you are trying to make people lose "the right amount". I'm guessing two things happened, your system was far too aggressive (it was hard to not notice) and what you also probably what you didn't realize is that it would also make you extremely vulnerable to exploitation yourself (if you were doing that, I could predict that you were going to try make me lose and unexpectedly reverse the bet and increase the wager amount). Because of your "provably predetermine" scheme, you would be forced to honor the bets.

So I guess that would also explain why you reversed it all.

I'm almost inclined to leave negative trust, as I really don't think anyone should be playing on your casino with the way you're running it -- but I'll try assume good intentions.

Here's what I think you should do to remedy it:

   * Switch to a proper provably fair scheme. Go to just-dice.com and steal theirs, it's become an industry standard. It will protect yourself and your players
   * Offer a full refund to all players
   * With your affiliate program, you have a negative house edge. It's not possible to run a legitimate business like that. If this is intentional,
      you should be explicit that you have a budget to run your casino at a loss to attract players. Because I'm very inclined to believe you either
      aren't realizing this, or hoping to make the difference by cheating players

 

[FLoving]

Today I went to your site and started to play games at there (only for fun not for earning money, as I am a student and do not have money to loot on gambling sites) everything there was much better. The site is also attractive, including its look and the way we play at there.

[Erza]

different from other site.
what max win limit?
its have unlimited btc?

It seems like you didnt read the post before but they said that they dont have any limited to max win but they only limited to the 25x multiplier and their ToS said that they have limited bankroll but they cant even get it for us because it is confidential. But still I dont see any reason why some  big whale come here and try the site