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Author Topic: all or nothing  (Read 1241 times)
vitsum (OP)
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July 11, 2011, 01:58:28 AM
Last edit: July 11, 2011, 07:42:35 AM by vitsum
 #1

All or Nothing.
player who sends highest bet gets everything.

Send your bets to this address:
Code:
184bWkgUA18u8Mjz6nskzf6ZbH5eVJP85N

0.05 and 0.06 are mine Smiley
to get it you need to send transaction bigger than 0.06.

http://blockexplorer.com/address/184bWkgUA18u8Mjz6nskzf6ZbH5eVJP85N

because I use my bitcoin client for my own transaction, blockexplorer may show wrong balance of the game. to get balance of the game add all received transactions.

I will update balance of the game and highest bet there.

at current moment:
Code:
balance: 0.11
highest bet: 0.06

Player who sends highest bet will win all the bank (my cuts are 1%).
If nobody sends, I will win my own money, lol Smiley
Game will end after 12 hours after last bet.
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tysat
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July 11, 2011, 05:46:14 AM
 #2

Code:
bank: 0.11
highest bet: 0.6

I think you mean 0.06 for the highest bet?
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July 11, 2011, 07:25:02 AM
 #3

nobody wants to play, mods please delete this topic Smiley

Topic has been up for 5ish hours or so.... seems a little early to cancel it.
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July 11, 2011, 04:54:28 PM
 #4

I wouldn't be able to do it because I KNOW I probably have the least amount of anyone here. All or nothing can be interesting but when you are dealing with the whole community of anonymous people it's hard to know how much money everyone has. It just takes one secret early adopter with a fortune and they top up their account. I don't know how you could fix that though....

OR....
Make it secret!
Here's how it COULD work:
-announce the beginning with an address hashed and posted -it will be for the first person
-a reply on the forum and they get PM'd that address
-another hashed address is posted and the first reply get's that one...and so on until it's over
-this keeps addresses secret but can't be cheated later with missing or extra addresses

Not sure how to prevent the operator from winning though...

Maybe max comes from a hex digit of block hash with a certain date after it's over. Then the 1-16 tells how many from the most to count down from! So if the number was 5. The 5th biggest amount takes all...so people are targeting the highest 16 and even if the operator knows that they still could lose. I still don't know if that would be fair though. You could partner with another trusted person then at least each operator only knows half. That may bet better.

*Next Draw Feb 1*  BitLotto: monthly raffle (0.25 BTC per ticket) Completely transparent and impossible to manipulate who wins. TOR
TOR2WEB
Donations to: 1JQdiQsjhV2uJ4Y8HFtdqteJsZhv835a8J are appreciated.
anodyne
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July 12, 2011, 09:55:33 AM
 #5

I think this could work if it had some sort of real-time interface with sniping extension, like in penny auctions where the bids/bets come in slowly during the normal time and the real game starts with the late bids that each extend the auction for a few minutes.

Bitcoins: solid enough to build pyramids.
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