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Author Topic: ChipMixer.com betting is now provably fair  (Read 1962 times)
ChipMixer
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June 23, 2017, 03:36:34 PM
Last edit: June 23, 2017, 05:40:21 PM by ChipMixer
 #1

Hello Everyone

Some of you may know about ChipMixer, service that reinvents Bitcoin tumbling.
Some of you may know that we offer betting while mixing your coins.
But today...

Since today all of our bets are now provably fair with a chance of doubling your chip equals 15 out of 32 (which is around 47%).

Mixer's interface looks like this:



What do you think? Does gambling and tumbling mix well?

Clearnet link: https://chipmixer.com/
Tor link: http://chipmixerwzxtzbw.onion/

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June 24, 2017, 02:42:27 AM
 #2

I haven't tried your site, but I've read through how it works and am rather impressed by it all.

Well done =)

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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June 24, 2017, 09:19:49 AM
 #3

What do you think? Does gambling and tumbling mix well?
Very interesting idea, mixing chips and doubling amount while you are doing it.
Although house edge is very high, i would rather use dice site with lower house edge for gambling and than mixer to mix coins, but i am sure someone will try his luck.

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June 24, 2017, 10:03:08 AM
 #4

The 3% edge is including the mixing taxes, right?

Its interesting idea but i have some reserves about it. Usually people whom are using a mixing service is using is for "work". To get their coins mixed and IMO with a less desire for gambling. But it's a nice addition for those with guts :)

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June 24, 2017, 10:08:11 AM
 #5

The 3% edge is including the mixing taxes, right?

Its interesting idea but i have some reserves about it. Usually people whom are using a mixing service is using is for "work". To get their coins mixed and IMO with a less desire for gambling. But it's a nice addition for those with guts Smiley
The house edge is close to the one of Satoshi Dice but IMO it's to be expected from a service that doesn't specialize in gambling but rather in mixing. They probbaly want to reduce the risk the additional service would put on their main one.

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June 24, 2017, 12:18:32 PM
 #6

Hi,

On the step 2, it says "All chips withdrawn", i made a voucher, but i can't find it on step 3.

Can you help me please?

Thank you!
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June 24, 2017, 12:42:05 PM
 #7

That is a great idea. I Think you will provide the chance to those who will mix their coins using your service.  That will make your site more favorable by the people who need to mix their coins if there will not be a chance to lose. I think there is only win option. Please explain more about your this service.
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June 24, 2017, 01:11:09 PM
 #8

The 3% edge is including the mixing taxes, right?
There is no mixing tax. We use donations and bets to fund ourselves.

On the step 2, it says "All chips withdrawn", i made a voucher, but i can't find it on step 3.
Can you help me please?
For support please contact us by e-mail or BitcoinTalk PM. I have sent you PM.

That will make your site more favorable by the people who need to mix their coins if there will not be a chance to lose. I think there is only win option. Please explain more about your this service.
ChipMixer started as a mixer with betting function added for increased privacy (it is harder to guess mixer's output if user can withdraw more than they deposited). We have received a lot of positive feedback about betting function and requests for provably fair mechanism.

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June 25, 2017, 11:52:52 AM
 #9

I dont think that gambling goes well with tumbling. It looks like a desperate try to increase the winnings  Undecided

And btw any betting site that wants to be legit should be provably fair, so thats not really an upgrade but reaching the standard...


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June 25, 2017, 12:08:40 PM
 #10

I dont think that gambling goes well with tumbling. It looks like a desperate try to increase the winnings  Undecided

And btw any betting site that wants to be legit should be provably fair, so thats not really an upgrade but reaching the standard...

True being probably is the basic standard for any gambling site. However, the features and uniqueness the website offers makes it more attractive to users but in gambling industry the more old the more trustable. So have patient and keep doing the good work and go for the site.
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June 25, 2017, 07:11:35 PM
 #11

I dont think that gambling goes well with tumbling. It looks like a desperate try to increase the winnings  Undecided

And btw any betting site that wants to be legit should be provably fair, so thats not really an upgrade but reaching the standard...
What would you change with ChipMixer to go higher than standard?

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June 25, 2017, 07:13:41 PM
 #12

Hi nice to see this improvement. For what I know this is the first mixer with this feature!
I hope to see other funny options for mixing my btc.
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June 26, 2017, 12:27:03 AM
 #13

Looks good. I never even thought about that. That's a damn good idea. Gives oeoe something to do while they mix. You should make a live video of the mix happening for us to see. Good idea . Nice to see different things coming up.

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June 26, 2017, 12:42:27 AM
 #14

So it wasnt provably fair before?

How much btc is on your website for mixing? Because if it is not large enough than you cannot mix coins for large bets.

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June 26, 2017, 02:16:33 AM
 #15

I didn't knew that.
The mixer generally have a large stock that can easily work as a bankroll.
And the house edge always wins.

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June 26, 2017, 02:46:18 AM
 #16

I didn't knew that.
The mixer generally have a large stock that can easily work as a bankroll.
And the house edge always wins.

You won't be able to expect always to win but with the large stock of bankroll, I think a the bigger changes will come as you win. Fair gaming always prevails as you do the game with a promising bets but not to the extent that you drown yourself even bank roll has no enough funds. Make sure to bet in a desired amount you needed to play exactly and do fun gaming games.
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June 26, 2017, 02:56:23 AM
 #17

Well, first i didn't try your gambling site at all because of the busy mode but as what i've see. It jave nice features and it's new with my eyes...... Would highely try this one if i have some free time. Anyways i've seen that tjere's so many promoting also this casino. Hope rhis one become popular
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June 26, 2017, 03:22:24 AM
 #18

So it wasnt provably fair before?

How much btc is on your website for mixing? Because if it is not large enough than you cannot mix coins for large bets.
Provably fair means, now the user car prove the fairness of every bets. It does't mean the site was unfiar (making up bet results) without it.

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June 26, 2017, 03:31:27 AM
 #19

ChipMixer started as a mixer with betting function added for increased privacy (it is harder to guess mixer's output if user can withdraw more than they deposited). We have received a lot of positive feedback about betting function and requests for provably fair mechanism.

I can definitely see the added privacy this could add due to changing the amount of outputs and making it harder to trace.

Although I'm not sure I'd want to gamble during the mixing process. The only downside is if the coins were somehow associated with gambling after the mixing process but I don't see this being the case due to the mixing process. Therefore there probably isn't any harm in offering the ability to gamble as long as the provably fair mechanism is solid.
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June 26, 2017, 05:02:37 AM
 #20

I dont think that gambling goes well with tumbling. It looks like a desperate try to increase the winnings  Undecided

And btw any betting site that wants to be legit should be provably fair, so thats not really an upgrade but reaching the standard...
What would you change with ChipMixer to go higher than standard?

I was referring to a fair betting system by saying standard.
You can either verify your bets or not I dont think there is something you can do to go above standard Cheesy
But no one can trust your site as long as you are not provably fair.


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