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Author Topic: Chain-Bet.com | On Chain | No KYC | 15x Win | Provably Fair | Since 2016  (Read 38433 times)
bruboi
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April 24, 2020, 10:42:15 PM
 #381

I am wondering when this game is rewritten to LTC blockchain? I think the "next few days" are over...
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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adaseb
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April 26, 2020, 06:01:09 AM
 #382

I am wondering when this game is rewritten to LTC blockchain? I think the "next few days" are over...

If they want an easy rewrite they can just switch it to the Bitcoin Cash blockchain which basically an very easy swap for them and you can probably do 1 sat/byte or even less than 1 sat/byte. And the fees won't be an issue.

The problem is that nobody really wants to bet with onchain games anymore. It was big back in the day when bitcoin was created and most bets were done onchain back then however now you can just send your BTC to Primedice or any other casino and bet instantly instead of waiting for transactions to confirm and pay any fees.

If privacy is an issue then most casios are KYC free and some casinos even allow privacy coins, hence another reason why there is no demand anymore for onchain bets. Hence they can switch to a different blockchain but it won't make much difference.

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Bitcoin Gambling (OP)
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September 01, 2020, 07:25:40 PM
 #383

Extremely sorry to keep you guys waiting for so long. Chain-Bet.com is back. Now on Litecoin blockchain.

https://twitter.com/Chain_Bet_/status/1300866522089357312

Join our new Telegram group for real time chat - https://t.me/chain_bet_com

DutchDemon
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September 02, 2020, 10:18:57 AM
 #384

Extremely sorry to keep you guys waiting for so long. Chain-Bet.com is back. Now on Litecoin blockchain.

https://twitter.com/Chain_Bet_/status/1300866522089357312

Join our new Telegram group for real time chat - https://t.me/chain_bet_com
Welcome back!

0% house edge is heaven for gamblers. But, why would anyone invest in bankroll with 0% house edge?
BlackFor3st
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Betking.io - Best Bitcoin Casino


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September 02, 2020, 04:08:50 PM
 #385

I am pretty sure that there will be many gamblers who will try their luck to this kind of game especially that the reward is pretty high which is 16 times to their bet if they can guess correctly the last digit of their block has transaction.

But the choices is 16 so the percentage to guess correctly the last digit is a little bit small but not that small compare to lotto and other jackpots. I would be love to try my luck to this one.

panjul07
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September 02, 2020, 04:39:57 PM
 #386

I am pretty sure that there will be many gamblers who will try their luck to this kind of game especially that the reward is pretty high which is 16 times to their bet if they can guess correctly the last digit of their block has transaction.

But the choices is 16 so the percentage to guess correctly the last digit is a little bit small but not that small compare to lotto and other jackpots. I would be love to try my luck to this one.

In fact, not many players love to play this game. See, it is a 4 years old site but not many activities in this thread as well as on the site.
Now they have just changed the game into LTC only, probably due to the high tx fee of bitcoin which makes them get less players compared when the tx fee is of btc is in normal condition.
Frankly speaking the game is not really attractive for these days, I myself prefer to bet on dice game with 16x payout instead of playing this kind of game.
For sure, it is a matter of taste. Every single person has their own preferences which game to play, so good luck if you are going to play this game.

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Bitcoin Gambling (OP)
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September 02, 2020, 05:03:37 PM
 #387

Welcome back!

0% house edge is heaven for gamblers. But, why would anyone invest in bankroll with 0% house edge?
Thank you. 0% house edge is our promotional offer. It will not last for long. This is for players to try the game with lowest possible risk.

I am pretty sure that there will be many gamblers who will try their luck to this kind of game especially that the reward is pretty high which is 16 times to their bet if they can guess correctly the last digit of their block has transaction.

But the choices is 16 so the percentage to guess correctly the last digit is a little bit small but not that small compare to lotto and other jackpots. I would be love to try my luck to this one.
Definitely give it a try and let us know your experience. Join our Telegram group for real time chat - https://t.me/chain_bet_com.

In fact, not many players love to play this game. See, it is a 4 years old site but not many activities in this thread as well as on the site.
Now they have just changed the game into LTC only, probably due to the high tx fee of bitcoin which makes them get less players compared when the tx fee is of btc is in normal condition.
Frankly speaking the game is not really attractive for these days, I myself prefer to bet on dice game with 16x payout instead of playing this kind of game.
For sure, it is a matter of taste. Every single person has their own preferences which game to play, so good luck if you are going to play this game.
What you see as 'Live Gambling Data' is only a few LTC bets from last few days. BTC bets from last 4 years are not there. We have not yet decided whether to make those old data public again or not. Also, you will probably not get any dice game with 0% house edge. As promotional offer after relaunch, we are now operating on 0% house edge, i.e. equal chance to win for both player and the house. Give us a try and let us know your experience. Join our Telegram group for real time chat - https://t.me/chain_bet_com.

DutchDemon
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September 03, 2020, 07:09:15 PM
 #388

Welcome back!

0% house edge is heaven for gamblers. But, why would anyone invest in bankroll with 0% house edge?
Thank you. 0% house edge is our promotional offer. It will not last for long. This is for players to try the game with lowest possible risk.
How long will it last? I wont invest a Litoshi at 0% house edge.
Bitcoin Gambling (OP)
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September 04, 2020, 07:32:26 PM
 #389

Welcome back!

0% house edge is heaven for gamblers. But, why would anyone invest in bankroll with 0% house edge?
Thank you. 0% house edge is our promotional offer. It will not last for long. This is for players to try the game with lowest possible risk.
How long will it last? I wont invest a Litoshi at 0% house edge.
Sorry. We can not really predict any specific date to end this promotional offer. As of yet, the priority is to build up initial volume.

100bitcoin
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September 08, 2020, 04:40:29 PM
 #390

BitcoinTalk forum users of Sr. Member rank or higher may wear the following signature...

Code:
[center][size=19pt][b][url=https://www.chain-bet.com] [color=red]Chain-Bet.com[/color] [color=teal] [color=black]|[/color] 16x Win [color=black]|[/color] 0% House Edge [color=black]|[/color] Provably Fair [color=black]|[/color] On Chain[/color][/url][/b][/size][/center]

PM sent regarding signature promotion. Please let me know...

0nline
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September 08, 2020, 07:03:23 PM
 #391

Cool concept. have not seen anything like this. But I think saying 0 house edge is a little misleading.
Bitcoin Gambling (OP)
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September 09, 2020, 10:56:05 AM
 #392

Cool concept. have not seen anything like this.
Thanks. Nice to know.

But I think saying 0 house edge is a little misleading.
Why? As per https://math.info/Misc/House_Edge/

House Edge = (true odds − payout odds) / (true odds + 1)

For Chain-Bet.com,
true odds = 16-1 = 15
payout odds =  16-1 = 15

Therefore, for Chain-Bet.com, House Edge = (15-15)/(15+1) = 0

Bitcoin Gambling (OP)
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September 24, 2020, 01:02:37 PM
 #393

Just been moved to Altcoin Section. Welcoming all Litecoin enthusiasts. Smiley

Bitcoin Gambling (OP)
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September 28, 2020, 11:59:12 AM
 #394


BitcoinTalk forum users of Sr. Member rank or higher may wear the following signature...


Code:
[center][size=18pt][b][url=https://www.chain-bet.com][color=blue]Chain-Bet.com [/color][color=black]|[/color][color=teal] On Chain Litecoin Gambling [/color][color=black]|[/color][color=red] 16x Win [/color][color=black]|[/color][color=green] 0% House Edge[/color][/url][/b][/size][/center]


This is to inform everyone that the signature code in OP has been updated.

DutchDemon
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October 27, 2020, 07:41:56 PM
 #395

Welcome back!

0% house edge is heaven for gamblers. But, why would anyone invest in bankroll with 0% house edge?
Thank you. 0% house edge is our promotional offer. It will not last for long. This is for players to try the game with lowest possible risk.
How long will it last? I wont invest a Litoshi at 0% house edge.
Sorry. We can not really predict any specific date to end this promotional offer. As of yet, the priority is to build up initial volume.
If you want your previous volume to be back, you need to onboard your investors again. To do that, you need to increase your house edge. No one will invest in bankroll @ 0% House Edge.
Bitcoin Gambling (OP)
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December 04, 2020, 05:37:22 PM
 #396

Welcome back!

0% house edge is heaven for gamblers. But, why would anyone invest in bankroll with 0% house edge?
Thank you. 0% house edge is our promotional offer. It will not last for long. This is for players to try the game with lowest possible risk.
How long will it last? I wont invest a Litoshi at 0% house edge.
Sorry. We can not really predict any specific date to end this promotional offer. As of yet, the priority is to build up initial volume.
If you want your previous volume to be back, you need to onboard your investors again. To do that, you need to increase your house edge. No one will invest in bankroll @ 0% House Edge.
Currently our bankroll is 10+ LTC. We plan to float a little more time with 0% House Edge.

cryptopediabd
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December 05, 2020, 06:32:57 AM
 #397

I think you should run signature campaign to use your service signature. People will not use your signature to just earn money from refferel. I just checked your site first site. I am impress bcs betting with only litecoin is fabulous idea. I hope your site will be much popularity betting site in the future. Good luck.
Bitcoin Gambling (OP)
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February 25, 2021, 12:11:08 PM
 #398

0% House Edge wont remain forever. Try your luck, while it lasts.

milewilda
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February 25, 2021, 04:35:23 PM
 #399

0% House Edge wont remain forever. Try your luck, while it lasts.

Hey its been a while that you havent posted up into your own ANN thread.Is there any new updates or development on this site? Its good to see that you do show up some
transparency when it comes to total bankroll of the site which is currently sitting on Bankroll: 9.84462836 LTC. The site did able to get 139 Bets i presumed basing
off into that Bet ID thing. 0% HE wont remain forever but doesnt mean that this will really be giving out and edge on your part.
You/House could always make reductions not on the game itself but rather on the fees that would be deducted.

Bitinity
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February 26, 2021, 05:10:06 AM
 #400

0% House Edge wont remain forever. Try your luck, while it lasts.

Hey its been a while that you havent posted up into your own ANN thread.Is there any new updates or development on this site? Its good to see that you do show up some
transparency when it comes to total bankroll of the site which is currently sitting on Bankroll: 9.84462836 LTC. The site did able to get 139 Bets i presumed basing
off into that Bet ID thing. 0% HE wont remain forever but doesnt mean that this will really be giving out and edge on your part.
You/House could always make reductions not on the game itself but rather on the fees that would be deducted.

Even with 0% house edge, this gambling site gets so small traffic. Logically if they decide to set a new house edge, it will make them get lesser traffic than before. In my opinion, this is not a type of game which is played by many players. Nowadays gamblers prefer to play more attractive game such as dice, roulette, slots, etc. Anyway I'm surprised that this site is still able to stay here with the low traffic since 2016.

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