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Author Topic: Round #4 - 1.2x Payout 12 Hour Rounds @ 12:30AM/12:30PM PDT (UTC -7)  (Read 3630 times)
nhodges
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June 23, 2011, 06:22:53 AM
 #1

I'll probably only run this for a day while Mr. Owl's 48 hour one is going, but we'll see, maybe I'll do it longer.

GAME'S OVER (NO MORE 1.2x ROUNDS) AS OF 11:30 PM PDT (UTC-7) /  06:30 PM FORUM TIME

(above text will be updated and color changed when game starts and you can send deposits)

You know how this thing works, rules below and on the spreadsheet: https://spreadsheets1.google.com/a/irunbackwards.com/spreadsheet/ccc?key=tzMquRbPipSAWAMSpIqWX6Q&authkey=CJy43fkN#gid=0

Please, I remind you again, only send entries from the official client!

Block Explorer: http://blockexplorer.com/address/1N286nDXdFtfNpqWseD7cYzqDmLej8eTY2

Wallet Address: 1N286nDXdFtfNpqWseD7cYzqDmLej8eTY2

Rules:

  • Games run from 12:30 (AM/PM) to the following 11:50 mark. (11hr 20min)
  • I take a 1.2% fee for each deposit, collected from the leftover pool at the end of the game BEFORE the leftovers are distributed.
  • I take 12% of the leftover BTC, and the remaining 88% is split evenly among the unpaid players.
  • Minimum deposit amount: 0.5 BTC (0.6 BTC RETURN) / Maximum deposit amount 5 BTC (6 BTC RETURN)

Game History:


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June 23, 2011, 07:04:33 AM
 #2

Starting in 25 minutes! Make sure to wait until you see June 23, 2011, 07:00:00 am in the forum time at the very top right of the page here on the Bitcoin forums!

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June 23, 2011, 07:25:58 AM
 #3

Starting in 5 minutes!

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June 23, 2011, 07:32:31 AM
 #4

We have our first deposit, awaiting confirmations now!

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June 23, 2011, 07:35:28 AM
 #5

not confirmed yet?

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nhodges
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June 23, 2011, 07:36:06 AM
 #6

Still sitting at 0/unconfirmed in my BTC client, blocks are going slow tonight.

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June 23, 2011, 07:43:36 AM
 #7

We've got our first confirmations rolling in, waiting for blockexplorer to update and then I'm sending out the first payment!

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June 23, 2011, 07:43:46 AM
 #8

PPL, it just began. Best time time to get in...

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dego
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June 23, 2011, 07:47:10 AM
 #9

hm.... first 2 payments came in a the same time.. see blockexplorer...

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nhodges
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June 23, 2011, 08:03:49 AM
 #10

:] First payment is out, awaiting more deposit confirmations to send out the second payment! Like dego said, it's still early in the game, you can still make some Bitoins!

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June 23, 2011, 08:25:56 AM
 #11

We're still gaining momentum, there's still time to get in early!

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June 23, 2011, 08:27:37 AM
 #12

Got profit. Thanks a lot!
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June 23, 2011, 08:31:40 AM
 #13

Haha nice

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June 23, 2011, 09:08:22 AM
 #14

We're 1.8 away from next payout!

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June 23, 2011, 04:24:49 PM
 #15

Hey man, I realize you in no way are obligated to hear me out, but I was playing 2 games and accidentally sent to yours twice...

1LzMNfV16FCicK6iuJkTmwkj4S1opzn239

Is there any chance you could just refund me the second 2 BTC? My stupid mistake... Thanks

Refunding him since there has been no bets after and he PM'd me right after he sent it when there would have been no confirmations. I asked him to come confirm his PM.

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June 23, 2011, 04:51:25 PM
 #16

Ya thanks.

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June 23, 2011, 05:20:38 PM
 #17

No problem, note, in the future, all deposits will be considered final, it tampers with the easily transparent blockexplorer history, because there's no way to notate a refund there, it's assumed/understood.

1hr 30m left in this round, guys!

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June 23, 2011, 06:00:49 PM
 #18

50m left in round #1!

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June 23, 2011, 06:52:43 PM
 #19

Sent out loser payment of 3.696, next round starts in 38 minutes!

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June 23, 2011, 07:15:32 PM
 #20

Next round in 15 minutes!

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June 23, 2011, 07:30:41 PM
 #21

Two deposits are in!

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June 23, 2011, 07:31:36 PM
 #22

Keep them coming people  Cheesy
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June 23, 2011, 07:37:56 PM
 #23

Yes, get in while there's still a low amount of players!

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June 23, 2011, 07:44:16 PM
 #24

First bet confirmations are in, will send out payment when second confirmations roll through!

http://blockexplorer.com/address/1EckHD9rnsNahYmnFys2BSU5VDAxSkA5HC

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June 23, 2011, 07:54:51 PM
 #25

First payout just went out, still early enough to make some Bitcoin!

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June 23, 2011, 08:27:21 PM
 #26

Only 0.6 BTC required for next payout!

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June 23, 2011, 09:24:08 PM
 #27

get in people! this is easy btc!
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June 24, 2011, 12:09:02 AM
 #28

someone help that poor sap in there  Wink
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June 24, 2011, 12:26:48 AM
 #29

Next payout only needs .6 more deposited to be made! Only TWO players so far WOW this should be treated like a new pot.

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June 24, 2011, 01:22:36 AM
 #30

We've got our third deposit and second payout, folks.

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June 24, 2011, 05:10:13 AM
 #31

1hr 20min to close.

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June 24, 2011, 06:16:17 AM
 #32

Game ends in 15 minutes, new game starts 1 hour after that!

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June 24, 2011, 07:24:45 AM
 #33

5 minutes until game start!

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June 24, 2011, 07:30:33 AM
 #34

Game's on!

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June 24, 2011, 08:31:00 AM
 #35

Only two riders, first rider just paid out!

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June 24, 2011, 08:39:34 AM
 #36

I'm in  Cool
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June 24, 2011, 08:54:41 AM
 #37

:] Nice, second person paid out! Ppl, get in while it's hot!

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June 24, 2011, 09:04:00 AM
 #38

:] Nice, second person paid out!
Thanks  Wink

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.Join the Trading Revolution.
WesleyK
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June 24, 2011, 12:53:35 PM
 #39

When will you update the sheet? Arent there new payments according to blockexplorer?
Mickey_morgan
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June 24, 2011, 01:07:58 PM
 #40

I'm in. Hope not too late.
nhodges
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June 24, 2011, 04:19:05 PM
 #41

Payout #3 is out, next payout is in .15 BTC!

nhodges
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June 24, 2011, 06:19:26 PM
 #42

Game ends in 10 minutes!

BitcoinPorn
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June 24, 2011, 07:02:26 PM
 #43

I have no idea what is going on here, but out of all these confusing threads I trust nhodges the post by post history. 

What is going on here?!  Sorry for being that guy who disrupts a good thread by not reading anything, but I swear I tried but all the threads look confusing and I believe there is money to be made and lost here.

nhodges
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June 24, 2011, 07:15:40 PM
 #44

Game's on in 15!

nhodges
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June 24, 2011, 07:32:51 PM
 #45

I have no idea what is going on here, but out of all these confusing threads I trust nhodges the post by post history. 

What is going on here?!  Sorry for being that guy who disrupts a good thread by not reading anything, but I swear I tried but all the threads look confusing and I believe there is money to be made and lost here.

Hey BitcoinPorn,

There's definitely money to made and lost in these types of games. What it equates down to is a "free ride" betting game, where users rush to place their bets in at the beginning of a round to increase their chances of being paid out sooner. Different versions of these games have different rules and odds that make it more or less appealing to winners or losers, respectively.

In this game, people paid out receive 1.2x their initial deposit, and losers split the pot with the operator (me) when the game ends. Losers evenly split 88% of the remainder pot and I get a 12% cut.

I hope that explained it a little better for you!

nhodges
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June 24, 2011, 08:09:26 PM
 #46

Need one more deposit for the first rider to be paid out! It's still early in the game, get in now!

nhodges
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June 24, 2011, 10:59:40 PM
 #47

Only one player, this should be treated as a fresh round!

WesleyK
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June 24, 2011, 11:46:05 PM
 #48

Only one player, this should be treated as a fresh round!

I'm in.. Again  Grin. Still fresh this one!
nhodges
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June 25, 2011, 01:18:02 AM
 #49

Only one player, this should be treated as a fresh round!

I'm in.. Again  Grin. Still fresh this one!

We've got our second rider, there's still time to make money in this round!

nhodges
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June 25, 2011, 03:59:23 AM
 #50

update: .2 replaced (accidentally spent .2 from the wrong wallet)

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