coinsp.in Two-Up! Soft Opening Take Two | FREE BTC | 1BTC Contest

[coinsp.in]

Hello all!

About a month ago we introduced a new game in the the Bitcoin gambling community, and we're happy to announce that it's almost ready for prime time.  

We invite everyone to come on over to http://coinsp.in, register an account, and start playing.  All new registrations during this promotional period start out with BTC0.0001 to try out the game.  Additionally, whoever logs the most bets between now and 12 August at midnight Eastern time will win BTC1.

Deposits and withdraws are working as well, so this is all for real BTC.

Good luck!
The coinsp.in team

Edit 4 August 2013 @ 20:10 Eastern:

Unfortunately some folks are trying to take advantage of our free BTC offer by continuously creating multiple accounts.  From this point forward, the offer is only valid once per IP.

[coinsp.in]

In response to some questions we've received:

What are the odds and house edge?

Code:

Game	Chance		Payout	HE
1	50%		1.98x	1%
2	3.125%		31.68x	1%
3	0.1953125%	506.88x	1%
4	0.1953125%	

We are aware the the site claims payouts of 1.98x, 30x, and 500x, but we've chosen to use simple numbers for aesthetic reasons. 

How does the jackpot work?
1.5% of every losing bet is paid in to the progressive jackpot.  It is won by flipping 5 heads or tails in a row.  The wager amount is taken in to account when determining the payout, such that a wager equal to the game's maximum bet will win 100% of the jackpot, and a wager equal to 1% of the game's maximum bet will win 1% of the jackpot.  The jackpot will be reset to BTC1 if it ever drops below that level.

The maximum bet is pretty low.
The Bitcoin gaming community demands a much lower house edge than traditional gaming establishments, so operators and investors are exposed to significantly more risk.  To keep ourselves from going bankrupt, we've decided to keep our maximum win equal to 1% of our current holdings.  As we receive more investments and the site profits, we'll be able to offer higher wagers.  Investment opportunities will be available built in to the site starting a few days before our Grand Opening event, scheduled for early-mid September.  Of course any potential investors are more than welcome to contact us at info@coinsp.in.

We hope to see everyone enjoy our new game!

Good luck,
The coinsp.in team

[Mooshire]

Hello all!

About a month ago we introduced a new game in the the Bitcoin gambling community, and we're happy to announce that it's almost ready for prime time.  

We invite everyone to come on over to http://coinsp.in, register an account, and start playing.  All new registrations during this promotional period start out with BTC0.0001 to try out the game.  Additionally, whoever logs the most bets between now and 12 August at midnight Eastern time will win BTC1.

Deposits and withdraws are working as well, so this is all for real BTC.

Good luck!
The coinsp.in team

Thanks!

[Mooshire]

I can't withdraw clicking on the button does nothing.

[coinsp.in]

We'll get on it asap, sorry!

Edit: Okay, it should be fixed now.

[HollowIP]

I had a jackpot 'roll' but I cashed out the round to early.

[HollowIP]

Did this just prevent me from getting the jackpot?

https://i.imgur.com/LyH5RAj.png

[Mooshire]

Also happened to me. http://gyazo.com/4f0c88c2fdc7caac850598532f6860d2

Smells fishy...

[Mooshire]

How convenient. It doesn't show up in the bet list for provably fair afterwards.

EDIT: So right now I can't withdraw, I never recieved the 0.0001 bonus in my account, and possible jackpot roll is not provably fair.

[coinsp.in]

Can either of you post the bet id's of those bets or around them?

[Mooshire]

Can either of you post the bet id's of those bets or around them?

The one I made right before it was 3512, and there was nobody else betting around that time.

EDIT: So close http://gyazo.com/0d25fd28d41aaf46548ab7876fe5e458

[HollowIP]

Can either of you post the bet id's of those bets or around them?

I haven't refreshed yet, but this is the info on the bottom

https://i.imgur.com/wKwPiTZ.png

[edit: yeah, after refresh it was all lost too, no betID found either]

[coinsp.in]

This is the entry from our database:

Code:

id	alias	serverHash	serverSecret	userSeed	outcome_1	outcome_2	outcome_3	outcome_4	outcome_5	bet	return0	created
3513	Mooshire	08977d8b07c80b49034a5d57d55d3b537f1035ca9e451762b8...	[3,1,1,0,2,3,2,0,0,2,1,0,0,1,3,0,0,2,0,2,3,1,1,3,3...	93bf8732a023f65b6752ae14d6443445ffd0e1a93a90fdf199...	0	0	0	0	0	1	0	2013-08-04 15:42:57

This indicates that you did indeed win the jackpot.  Your balance has been increased to reflect the win you should have received.  I'm sorry that happened and I'll be sure to have our developer figure out why it did.

[coinsp.in]

Can either of you post the bet id's of those bets or around them?

I haven't refreshed yet, but this is the info on the bottom

https://i.imgur.com/wKwPiTZ.png

[edit: yeah, after refresh it was all lost too, no betID found either]

From our database:

1046c5fe1721b24034289d8369cd4add5d7a8772e661cc2cb5...   [3,2,1,0,1,0,0,0,0,3,1,0,0,2,2,2,2,3,3,0,3,0,1,2,0...   2d70f8c8cf469e68bcf2daa6a5e8ccfc31d993e59a4dee2bc9...   0   0   0   0   0   1   0   2013-08-04 15:53:28

There certainly seems to be a problem with the jackpots.  Your account will be credited with the appropriate amount for this win, and we apologize for the inconvenience.

[Mooshire]

This is the entry from our database:

Code:

id	alias	serverHash	serverSecret	userSeed	outcome_1	outcome_2	outcome_3	outcome_4	outcome_5	bet	return0	created
3513	Mooshire	08977d8b07c80b49034a5d57d55d3b537f1035ca9e451762b8...	[3,1,1,0,2,3,2,0,0,2,1,0,0,1,3,0,0,2,0,2,3,1,1,3,3...	93bf8732a023f65b6752ae14d6443445ffd0e1a93a90fdf199...	0	0	0	0	0	1	0	2013-08-04 15:42:57

This indicates that you did indeed win the jackpot.  Your balance has been increased to reflect the win you should have received.  I'm sorry that happened and I'll be sure to have our developer figure out why it did.

I appreciate your help. Does this mean I won 1.someodd BTC? My balance hasn't changed if that's the case.

[HollowIP]

https://i.imgur.com/exu9pZt.png

and it did it again. the bet before it was 4050.

[Mooshire]

http://gyazo.com/2db8dceca0c7d0651dc543af9777de7f

Happened for me too again. Sorry you're having all these troubles on launch.

[HollowIP]

http://gyazo.com/2db8dceca0c7d0651dc543af9777de7f

Happened for me too again. Sorry you're having all these troubles on launch.

Yeah, its unfortunate. Sorry about the issues.


[Edit: I received some credit back to my account, which put me at an even 0.0002- I am uncertain how the jackpot works totally and how I ended up with such an even number. haha.]

[double edit: I think I understand the jackpot now ]

[coinsp.in]

This is the entry from our database:

Code:

id	alias	serverHash	serverSecret	userSeed	outcome_1	outcome_2	outcome_3	outcome_4	outcome_5	bet	return0	created
3513	Mooshire	08977d8b07c80b49034a5d57d55d3b537f1035ca9e451762b8...	[3,1,1,0,2,3,2,0,0,2,1,0,0,1,3,0,0,2,0,2,3,1,1,3,3...	93bf8732a023f65b6752ae14d6443445ffd0e1a93a90fdf199...	0	0	0	0	0	1	0	2013-08-04 15:42:57

This indicates that you did indeed win the jackpot.  Your balance has been increased to reflect the win you should have received.  I'm sorry that happened and I'll be sure to have our developer figure out why it did.

I appreciate your help. Does this mean I won 1.someodd BTC? My balance hasn't changed if that's the case.

Not quite, the jackpot pays out pays out based on the percentage of the maximum bet, as discussed here:

How does the jackpot work?
1.5% of every losing bet is paid in to the progressive jackpot.  It is won by flipping 5 heads or tails in a row.  The wager amount is taken in to account when determining the payout, such that a wager equal to the game's maximum bet will win 100% of the jackpot, and a wager equal to 1% of the game's maximum bet will win 1% of the jackpot.  The jackpot will be reset to BTC1 if it ever drops below that level.

0.00000001 is 0.0001% of the maximum bet, so you won 0.0001% of the jackpot which came out to be about BTC0.0001.  I set your balance to an even BTC0.009 which was a little above that payout.

[Mooshire]

Oh well, I guess I can still win the most bets. I'm in the lead! Lol