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Author Topic: BETTING POOL FOR TIME & DATE WE HIT 1 MILLION WAGERED ON JUST-DICE! 0.01 BTC/BET  (Read 737 times)
mechs (OP)
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August 03, 2013, 12:50:44 AM
Last edit: August 03, 2013, 01:09:59 AM by mechs
 #1

Just-Dice has had an amazing start, in about 6 weeks we now stand with over 734,000 BTC wagered! With Dooglus' permission, we are holding a winner-take-all pool to see who can guess closest to the time and date for when the 1,000,000 bitcoin mark is hit.  There will be no house take - the entire jackpot will go to the winner(s) and will be held in escrow by Dooglus. I have asked Dooglus to send a signed reply with the bitcoin address for the bets to be sent that he will be escrowing the jackpot.

RULES:

1. Pick a date and a time in UTC.  You should pick the date and the hour.  You can bet as many time slots as you multiple people can bet the same time slot.  We will be rounding down the nearest hour, so keep that in mind when betting.  If multiple people pick the same time slot and it wins, then the jackpot will be split evenly. If two bets are equidistant from the winning date/time, then the jackpot will be split.
Eg. 8/20/2013 @ 6pm UTC - if the that 1,000,000 BTC mark is hit at 6:59pm + 59 seconds, it will still be counted as 6pm  (won't be rounded up to 7pm)
To figure out UTC time go to: http://www.worldtimeserver.com/current_time_in_UTC.aspx

2.  Bets cannot be changed once placed

3. Accepting bets until 800,000 BTC total wagered is reached.

4.  To place your bets, send your BTC to 1KFBfgU9iBEEFSLyycgvBKcLyRyrWUWZ2A and then post in this thread a signed message from the sending address with the bets you wish to place.  Remember, 0.01 BTC per bet is acceptable.

Mechs


"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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dooglus
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August 03, 2013, 04:58:20 AM
 #2

I have asked Dooglus to send a signed reply with the bitcoin address for the bets to be sent that he will be escrowing the jackpot.

Here:

Code:
$ bitcoind verifymessage \
  1KFBfgU9iBEEFSLyycgvBKcLyRyrWUWZ2A \
  HCHebDrFUazX1Dj2xJGhjgJUj7H+LgJZSvPcBHjKWvBf4/fc851fkWTWi7gMLt7Qa30TiznNdXLArXuVkqTGnmU= \
  'this is the address for the Just-Dice.com 1 millionth BTC wagered pool'
> > > true

3 questions:

How are you going to prevent people changing their predictions?

Can people send 0.10 BTC in a single transaction, say, and make 10 selections?

Can Deb and I play?

Just-Dice                 ██             
          ██████████         
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    ██████████████████████   
        ██████████████       
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   Play or Invest                 ██             
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   1% House Edge
mechs (OP)
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August 03, 2013, 05:00:58 AM
 #3

I have asked Dooglus to send a signed reply with the bitcoin address for the bets to be sent that he will be escrowing the jackpot.

Here:

Code:
$ bitcoind verifymessage 1KFBfgU9iBEEFSLyycgvBKcLyRyrWUWZ2A HCHebDrFUazX1Dj2xJGhjgJUj7H+LgJZSvPcBHjKWvBf4/fc851fkWTWi7gMLt7Qa30TiznNdXLArXuVkqTGnmU= 'this is the address for the Just-Dice.com 1 millionth BTC wagered pool'
true

3 questions:

How are you going to prevent people changing their predictions?

Can people send 0.10 BTC in a single transaction, say, and make 10 selections?

Can Deb and I play?
How are you going to prevent people changing their predictions?
Will keep an excel spreadsheet, all bets are final

Can people send 0.10 BTC in a single transaction, say, and make 10 selections?
Yes, one selection per each .01 BTC wager

Can Deb and I play?
Sure. 
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