ndnh
Legendary
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Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
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October 30, 2016, 11:03:43 AM |
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LOL....Some of the math skills of the members we find in these threads are impeccable.
There is no need for math, the subject has 0% house edge on it. How does the house make money on this project? I wonder the same. May be they are going to take all the house edge in one go right before they close. Edit. Ah sorry, I think they run on donations. 3. Can I generate multiple addresses and send bitcoins to them in a single transaction? No. Only the amount sent to the first address generated will be considered as bet and all other amounts sent in that transaction will be considered as donation. 4. Can I send multiple transactions to a single address? No. Only the first transaction received by the generated address will be considered as bet and all further transactions will be considered as donation. 5. Is there any minimum amount of bitcoin that is to be sent? Yes. You must send at least 0.0005 BTC. Anything below will be considered as donation. 6. Is there any maximum amount of bitcoin that is to be sent? Maximum amount allowed is 1 BTC. Anything over this amount will be considered as donation.
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DutchDemon
Jr. Member
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Activity: 115
Merit: 4
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October 30, 2016, 11:24:03 AM |
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How does the house make money on this project? I wonder the same. May be they are going to take all the house edge in one go right before they close. U guys are discussing something that has been discussed many times before on this forum. Here are a few instances... Personally, i think a casino game (any game) with a 0 percent house edge will either go bancrupt in the longrun, or will result in cheating...
i don't think so. because people usually don't use good strategies and they are wasting their money in most of these gambling sites. for example i have seen new dice sites that start off with a 0% house edge and there aren't that many winners on the site to win and bankrupt the casino. house edge is like a guarantee in my opinion. and also add to this, the fact that a lot of the gamblers will continue gambling when they win and if a losing streak hits them they lose all they have won so far. In general the concept on 0% house edge technically does not exist. The site owners and the affiliates are running a business and the house edge is the method by which they earn profits from the players.
If there was no method to fund the owners then the latter would go bankrupt and then the site/casino would not exist. Hence most sites who claim a 0% house edge are scammers, in general.
Not true and this was discussed many times here before. The casinos don't need 0% house edge to make money. The casinos make money because of human emotion, greed, and fear. Only reason most Casinos don't have 0% house edge is because there would be too many bots, and the bots they couldn't beat since computers don't feel emotion.
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lollolloll
Newbie
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Activity: 56
Merit: 0
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October 30, 2016, 01:02:07 PM |
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I don't think if I bet 1 btc and win ,he will pay me 16btc.
But if I bet 1 btc and lose , he will take away my 1 btc , for sure.
LOL
edit:so I think personally , there will be no one playing.
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Angelina Jolie
Member
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Activity: 169
Merit: 10
Global Risk Exchange - gref.io
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October 30, 2016, 10:40:24 PM |
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I don't think if I bet 1 btc and win ,he will pay me 16btc.
But if I bet 1 btc and lose , he will take away my 1 btc , for sure.
I dont think u have 1 BTC. LOL
lollolloll edit:so I think personally , there will be no one playing.
So, I think personally, u r posting garbage just to raise your activity count to sell this account later. Hence, u should be banned from further spamming.
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Erza
Legendary
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Activity: 1078
Merit: 1000
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October 31, 2016, 09:20:03 AM |
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I don't think if I bet 1 btc and win ,he will pay me 16btc.
But if I bet 1 btc and lose , he will take away my 1 btc , for sure.
LOL
edit:so I think personally , there will be no one playing.
I just wondering too how much their max payout? Because if they did not set max payout, and when big whale lucky enough I dont think they can pay them for sure. For OP, I just want to make make this things clear so can you really tell me this? Although it is 0% house edge you should have this bankroll to pay people
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Bitinity
Legendary
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Activity: 3206
Merit: 1316
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October 31, 2016, 10:21:39 AM |
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I don't think if I bet 1 btc and win ,he will pay me 16btc.
But if I bet 1 btc and lose , he will take away my 1 btc , for sure.
LOL
edit:so I think personally , there will be no one playing.
I just wondering too how much their max payout? Because if they did not set max payout, and when big whale lucky enough I dont think they can pay them for sure. For OP, I just want to make make this things clear so can you really tell me this? Although it is 0% house edge you should have this bankroll to pay people It is clear as stated on their FAQ, the maximum bet allowed is 1btc so they should have at least 16btc to cover 1btc bet winning. Indeed, we dont know how many btc on their wallet. Foe sure, they should prove that they can pay such amount. Otherwise, whales will never come to this site.
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BTCevo
Legendary
Offline
Activity: 1834
Merit: 1008
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October 31, 2016, 10:59:20 AM |
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It is clear as stated on their FAQ, the maximum bet allowed is 1btc so they should have at least 16btc to cover 1btc bet winning. Indeed, we dont know how many btc on their wallet. Foe sure, they should prove that they can pay such amount. Otherwise, whales will never come to this site.
Yeah that is true, but until now they dont even have said anything about their bankroll on how much they can pay. But not all site willing to prove this that they have big amount or low amount because it is too risky. But this is needed to make sure that site wont scam us or running away with our profit
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CrazyJoker
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November 02, 2016, 12:02:03 PM |
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I don't think if I bet 1 btc and win ,he will pay me 16btc.
But if I bet 1 btc and lose , he will take away my 1 btc , for sure.
LOL
edit:so I think personally , there will be no one playing.
I just wondering too how much their max payout? Because if they did not set max payout, and when big whale lucky enough I dont think they can pay them for sure. For OP, I just want to make make this things clear so can you really tell me this? Although it is 0% house edge you should have this bankroll to pay people It is clear as stated on their FAQ, the maximum bet allowed is 1btc so they should have at least 16btc to cover 1btc bet winning. Indeed, we dont know how many btc on their wallet. Foe sure, they should prove that they can pay such amount. Otherwise, whales will never come to this site. Does other sites that does not take investment in bankroll show their cold storage?
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Jimmy Wales (OP)
Member
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Activity: 143
Merit: 17
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November 15, 2016, 11:45:29 AM |
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CasinoKiller
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November 15, 2016, 12:00:48 PM |
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I see transaction and amount.. But who is winner? Winner where are you? Please post here.. We wait.
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numanoid
Legendary
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Activity: 1890
Merit: 1148
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November 15, 2016, 12:25:21 PM |
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~snip~
You can't be sure if the winner will come on here (he might be never known about this forum). Maybe the winner just anonymous person who know about bitcoinbetting from his friend, googling, or other else source.
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Jimmy Wales (OP)
Member
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Activity: 143
Merit: 17
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November 16, 2016, 12:35:19 PM |
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I see transaction and amount..
That's all required to verify a bet on a blockchain based gambling game. But who is winner?
One who received the winning Tx. Winner where are you? Please post here.. We wait.
How on earth the winner will know that u r waiting for him?
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Daffadile
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November 17, 2016, 04:35:50 PM |
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Nice winning but how can it be 0 house edge ? They might go broke. Or are you just trying to advertise for them showing us the wins and the ease to play ? Seems a way to advertise to me. Wonder what the rest of the members on this thread think.
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MafiaCoin
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November 17, 2016, 04:41:34 PM |
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I see transaction and amount..
That's all required to verify a bet on a blockchain based gambling game. But who is winner?
One who received the winning Tx. Winner where are you? Please post here.. We wait.
How on earth the winner will know that u r waiting for him? Because i think winners from bitcointalk.
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trytrytryx3
Member
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Activity: 64
Merit: 10
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November 17, 2016, 06:44:20 PM |
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they are stuck on only the 720th bet? is this some sort of SCAM? 720
Bet ID Choice Bet Amount Bet Details Block (Last Digit) Status 720 f 0.00035 Click Here 439072 (f) won ( 0.0056)
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Angelina Jolie
Member
Offline
Activity: 169
Merit: 10
Global Risk Exchange - gref.io
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November 17, 2016, 11:03:57 PM |
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they are stuck on only the 720th bet? is this some sort of SCAM? 720
Bet ID Choice Bet Amount Bet Details Block (Last Digit) Status 720 f 0.00035 Click Here 439072 (f) won ( 0.0056)
Are you serious? What is the co-relation between being stuck at 720 th bet and being a scam?
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CasinoKiller
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November 20, 2016, 06:13:24 PM |
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Who really received winnings here?
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RocketSingh
Legendary
Offline
Activity: 1662
Merit: 1050
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November 20, 2016, 06:27:20 PM |
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Who really received winnings here?
From the information provided in OP, all we can say is owner of the following addresses are the 4 biggest winner so far... i. 1CoinBcK1kA9uK8vpkUncEwLHjEm5Wbkph - 1.5968 BTC ii. 1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj - 1.1168 BTC iii. 17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ - 0.3168 BTC iv. 15KAjydnfMAhrgQePavBLJxjtoGfk7qv5h - 0.1704 BTC To know more, u need to follow the trail left by these addresses and out the winners to ask them...
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