Jimmy Wales (OP)
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July 03, 2017, 12:22:50 PM |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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ReckLess.6
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July 06, 2017, 11:55:12 AM |
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Right now, players seem to be stripping the house
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Angelina Jolie
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Global Risk Exchange - gref.io
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July 25, 2017, 10:45:14 PM |
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Now, there are 5 wins among last 40 bets, i.e. number of bet wise winning is 12.5%.
But, total amount wagered in last 40 bets is 1.31604279 BTC, whereas total amount won in last 40 bets is 1.818 BTC. Therefore, amount of bet wise winning is ~140%.
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Cofee.BLUE
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July 26, 2017, 02:43:49 AM |
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I can see this is just pure bullshit, look at the other bets, he lost more than he had win. Don't give wrong informatioon to people, someone will lose their money. Never check on their site but let us assume that id bet is for real so this id bet winning is just one time winning . So you cant compare it with overall profit that he earned there because it has nothing to do with it. This is just some big win AFAIK and it will attract more people to play on their site It is a matter of probability to earn or to win in a gambling but in regard to its system it much more okay because the transaction is on the block chain for sure bets and winnings. And it is an advertising strategy but it is a factual information to know where their bets is going to go or have. It is better to try because as much you will try their is also possibility that you could win. Just make sure to also have limitation for you to have holdings at the same time.
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Jimmy Wales (OP)
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October 01, 2017, 11:26:34 AM |
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TonnyKakar104
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October 03, 2017, 08:31:17 AM |
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The wins presented here are over whelming. These kinds of increases are presented possible by many people but not normally achievable. If you can make these theoretical numbers come true you can become a millionaire on no time.
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FrueGreads
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October 03, 2017, 08:54:33 AM |
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If they payout ration is 15x the bet amount, all wins you can post here will be big. The problem is, that in order to get a win like that, one needs to lose a lot first, unless he gets extremely lucky. If you just post the winnings here you will create "false" or at least deceiving impressions about the game. You should also post the invested amount compared to winnings. That would give a better view of how that game works, and how profitable it can be.
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Whitefalcon
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October 03, 2017, 09:47:34 AM |
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has any technique for this chain bet because it very difficult I think because is random number
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gamblingmonkey
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October 03, 2017, 08:47:05 PM |
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If they payout ration is 15x the bet amount, all wins you can post here will be big. The problem is, that in order to get a win like that, one needs to lose a lot first, unless he gets extremely lucky. If you just post the winnings here you will create "false" or at least deceiving impressions about the game. You should also post the invested amount compared to winnings. That would give a better view of how that game works, and how profitable it can be.
I started with 1 BTC. At the beginning I have lost more than I won.. But after some time when I got some feeling for this game I got some good winnings. Now I made the 1 BTC to 2.3 BTC. But you are right, in gambling it is all about luck. But if you play a game with 50% chance of winning you are more likely to win small amounts but in the long run you loose a lot. With this game you get 15x of your bet so it is clear that its more difficult to win there. Before chain-bet I played satoshi bones very often and lost lots of money that I was not able to win back. At chain-bet I lost like 0.8 BTC but was able to win 1.5 BTC. So my experience with this site says it is better than a 50/50 game.
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FrueGreads
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October 04, 2017, 10:35:21 AM |
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I think I agree with you, and I normally prefer big payouts than small ones. Meaning that although it's still about luck in the end, and in the long run you will probably break even or lose some, I think you can take more advantage of your luck when you are trying big payouts. I mean it's like playing big jackpots, you will lose most of the time, but if you are lucky enough to get one shot at the big prize, you will be in profit for good.
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piloder
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October 04, 2017, 04:25:50 PM |
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has any technique for this chain bet because it very difficult I think because is random number
No there is no any technique or strategy that will work for blockchain based games like this one, its pretty random. But you can bet same amount on multiple choices to increase your chance of winning or lower your risk.
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100bitcoin
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October 06, 2017, 01:57:35 PM |
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I think I agree with you, and I normally prefer big payouts than small ones. Meaning that although it's still about luck in the end, and in the long run you will probably break even or lose some, I think you can take more advantage of your luck when you are trying big payouts. I mean it's like playing big jackpots, you will lose most of the time, but if you are lucky enough to get one shot at the big prize, you will be in profit for good.
Statistically, luck relies on the house edge. But, sites generating random number on their own, may twist it in their favor depending on gambler's long time bet behaviour. That chance does not exist when random numbers are taken from blockchain.
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Jimmy Wales (OP)
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June 06, 2018, 07:06:44 PM |
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As the winning is now 10x, I have updated OP with the same info...
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BTCevo
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June 12, 2018, 02:52:49 PM |
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As the winning is now 10x, I have updated OP with the same info...
Why lowering it to 10x payout? You can let people bet smaller right instead of lowering the max payout. Btw this thread is not that active anymore, I do not know about about the site either, why bothering with such an update? This is not a good update after been silence for a few months. I thought that you are going to have some important update or may be some events holding on
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Jimmy Wales (OP)
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November 20, 2018, 11:48:58 PM |
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As the winning is now 10x, I have updated OP with the same info...
Why lowering it to 10x payout? You can let people bet smaller right instead of lowering the max payout. Btw this thread is not that active anymore, I do not know about about the site either, why bothering with such an update? This is not a good update after been silence for a few months. I thought that you are going to have some important update or may be some events holding on Oops. I did not lower anything. I'm merely an investor in Chain-Bet.com bankroll. They lowered it from 16x to 15x and then 10x. I hope it'll stay as is...
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