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Author Topic: bustabit – The original crash game  (Read 56062 times)
JollyGood
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November 12, 2020, 06:00:44 PM
 #1621

The risk is definitely there for online casinos and gambling websites if there is a massive win but it also has plenty of problems for gamblers too. With almost no checks and balances in place to cap the amounts being bet by individuals it does create moral and ethical issues as I mentioned in my previous post.

I wonder if devans would consider adding some of cap to amount any given user could bet within a certain period such as 24 hours or 7 days or calendar month and regardless of whether it is considered it would be valuable feedback to hear from devans about his views on placing caps on user bets in general.


Regardless of investments and possible way to try to recoup the losses I think losing that amount of money (whether in Bitcoin or $4.5 million cash) is a huge blow to anybody. It must have a negative effect on the psyche. I think very few people would bet over $4 million at online casinos using a payment card or even by cash at the table at a top casino so why would someone bet it online using Bitcoin?

That in itself raises moral and ethical questions about whether online casinos should implement a stronger policy to cap user bets in order to try to suppress what might deemed as out-of-control or irregular betting which might be looked upon as addiction - some may agree and others may differ but casinos and online gambling sites do have responsibilities to their users.

Considering how most casinos have wagering limits per bet, usually 10BTC or such, I’m pretty surprised that Bustabit has no wagering limits of its own (based on what I read on the last few pages of this thread, as I never played there).

It’s actually risky for casinos to allow such high bets, because several of these bets made at the same time win large amounts of BTC and normal odds could bankrupt the casinos if they all win. Limits are put in place so whales can’t make huge bets like that for which the casino may not have enough liquidity for paying out and still have enough money to cover operating expenses of the rest of the bets for the day.

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StackGambler
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November 13, 2020, 12:54:00 AM
Last edit: November 13, 2020, 01:13:46 AM by StackGambler
 #1622

In case other people are wondering, there are reports from 10+ users in my server that bustabit is down / not connecting

Edit: it's back up now

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November 13, 2020, 12:55:40 AM
Merited by DarkStar_ (10), malevolent (1), BayAreaCoins (1)
 #1623

The risk is definitely there for online casinos and gambling websites if there is a massive win but it also has plenty of problems for gamblers too. With almost no checks and balances in place to cap the amounts being bet by individuals it does create moral and ethical issues as I mentioned in my previous post.

I wonder if devans would consider adding some of cap to amount any given user could bet within a certain period such as 24 hours or 7 days or calendar month and regardless of whether it is considered it would be valuable feedback to hear from devans about his views on placing caps on user bets in general.


Regardless of investments and possible way to try to recoup the losses I think losing that amount of money (whether in Bitcoin or $4.5 million cash) is a huge blow to anybody. It must have a negative effect on the psyche. I think very few people would bet over $4 million at online casinos using a payment card or even by cash at the table at a top casino so why would someone bet it online using Bitcoin?

That in itself raises moral and ethical questions about whether online casinos should implement a stronger policy to cap user bets in order to try to suppress what might deemed as out-of-control or irregular betting which might be looked upon as addiction - some may agree and others may differ but casinos and online gambling sites do have responsibilities to their users.

Considering how most casinos have wagering limits per bet, usually 10BTC or such, I’m pretty surprised that Bustabit has no wagering limits of its own (based on what I read on the last few pages of this thread, as I never played there).

It’s actually risky for casinos to allow such high bets, because several of these bets made at the same time win large amounts of BTC and normal odds could bankrupt the casinos if they all win. Limits are put in place so whales can’t make huge bets like that for which the casino may not have enough liquidity for paying out and still have enough money to cover operating expenses of the rest of the bets for the day.

Why on earth would a casino limit bets when its entire purpose is to maximize wagered volume?

Also, there is a check in place, it's called a round max profit which is Kelly compliant

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November 13, 2020, 01:15:35 AM
 #1624

You know what guys? WangTangV2 is back! He is registered on new account with nick WangTang_V6




Get ready, bustabit investor  Cool


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November 13, 2020, 06:45:03 AM
 #1625

You know what guys? WangTangV2 is back! He is registered on new account with nick WangTang_V6

Get ready, bustabit investor  Cool


Surprise Surprise!  Grin
I was expecting to be back but not this quick!

Lets see what he can do this time around!  Grin
hopenotlate
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November 13, 2020, 11:01:51 AM
 #1626

You know what guys? WangTangV2 is back! He is registered on new account with nick WangTang_V6

Get ready, bustabit investor  Cool


Best of luck he deserves some to recover a bit (assuming he is same.one as wangtang V2).
Going to buy some popcorn and enjoy the action : it really amazes me.


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November 13, 2020, 11:17:23 AM
 #1627

Not sure if that's real wang. That person could be just another impersonator who use similar name with wangtangv2. Real wang were often bet 10, 50, 70, 100, and even 300 bitcoins while that guy only bet much smaller than wangv2 before
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November 13, 2020, 03:46:29 PM
Merited by malevolent (2)
 #1628

It'd be a really cool leaderboard feature to see the largest tips or most generous tippers of all-time on Bustabit.

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November 13, 2020, 06:35:55 PM
 #1629

Oh come ooonn!! Wang Tang should leave and not gamble anymore, I don't care if he ends up with 1000+ bitcoin profit this time around, obviously dude has a problem and he is not doing well in mindset, you just lost 300+ bitcoins (total of 600+ or so with how much he was profiting) and you are coming back?

I think there should be some sort of help sent on its way to stop him from gambling, this dude could literally lose another few hundred bitcoin and if not stopped this dude could lose all of his money forever. He doesn't seem to be stopping at 300+ so who could say where he will stop, you can't guarantee him stopping at the last dollar, he could go as much as being in debt after losing thousands of bitcoins. This is not healthy and I am very scared for him.

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November 13, 2020, 07:04:36 PM
 #1630

You know what guys? WangTangV2 is back! He is registered on new account with nick WangTang_V6

Get ready, bustabit investor  Cool

he goes back real soon it looks like he's ready to take back his recent btc losses. i thought he deleted his account for good but it looks like he delete it and create a new account just to make a new start, looks like everyone's are watching for his come back.

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November 13, 2020, 08:26:56 PM
 #1631

I think Wangtang is ready for war again let's see how much he'll gain this time let's see if this new account of Wangtang would be lucky. How many account does Wangtang already have? it seems that its v6? maybe some users already created 3,4 and 5.

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jostorres
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November 13, 2020, 08:44:19 PM
 #1632

Regardless of investments and possible way to try to recoup the losses I think losing that amount of money (whether in Bitcoin or $4.5 million cash) is a huge blow to anybody. It must have a negative effect on the psyche. I think very few people would bet over $4 million at online casinos using a payment card or even by cash at the table at a top casino so why would someone bet it online using Bitcoin?

That in itself raises moral and ethical questions about whether online casinos should implement a stronger policy to cap user bets in order to try to suppress what might deemed as out-of-control or irregular betting which might be looked upon as addiction - some may agree and others may differ but casinos and online gambling sites do have responsibilities to their users.
I never understood the logic of putting the burden of control to casinos when they are there to literally make money and not to help you out. I never understood the logic of "ban me from your casino because I am a gambling addict" type of idea neither, I understand that it is an ethical thing to do but frankly if I own a casino and there is a gambling addict that keeps losing all his money to me, isn't that great for me as the casino?

I opened this business so people would gamble and lose their money to me, why would I ban them for doing literally what I want them to do? Same goes here, why cap them? Let them lose 100 btc, 300 btc, 500 btc, 10000 btc doesn't matter how much, if they are screwing their own life that is on them, I am here to let them gamble and hope they lose everything they have, why did I started a casino if I do not want gamblers to gamble?

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StackGambler
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November 14, 2020, 03:22:56 PM
 #1633

It'd be a really cool leaderboard feature to see the largest tips or most generous tippers of all-time on Bustabit.

The largest rain I've seen was when known scammer and banned bustabit user Enzo rained 1 BTC on 4 people

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November 14, 2020, 03:24:24 PM
 #1634

It'd be a really cool leaderboard feature to see the largest tips or most generous tippers of all-time on Bustabit.

The largest rain I've seen was when known scammer and banned bustabit user Enzo rained 1 BTC on 4 people

1btc on 4 people... holy moly! :O

Why did he get banned on Bustabit? Were the bitcoins he was raining/owned scammed from other people?
numanoid
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November 14, 2020, 03:28:00 PM
 #1635

It'd be a really cool leaderboard feature to see the largest tips or most generous tippers of all-time on Bustabit.

The largest rain I've seen was when known scammer and banned bustabit user Enzo rained 1 BTC on 4 people
when exactly it was happened? if that rain was happened when bitcoin was only worth $200 or $300, it's still not too big.
But if that happened when bitcoin worth around $10k, what lucky users of those 4 people
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November 14, 2020, 04:17:57 PM
Last edit: November 14, 2020, 04:32:33 PM by vbond
 #1636

Game #3920903 BUSTED AT: 1.24x 94782832d7ab76f1296fe2056a4333c186ccd23d2c3746b8e0fb6cd5ae5fc407

for monitoring

Game #3920927
BUSTED AT: 1.57x
601f5c6927b07e94418536c3d04b9a939d6c1c5243fc44fcbb124ac46560f5bc

Game #3920942
BUSTED AT: 1.49x  8b2ae8ca1c8d588187a36af4047ebb5a41c45a70c46af45bd7301879e776b177

Game #3920958
BUSTED AT: 1.57x 464c690964f659cd31384ea538ca119e5834ad1162f930fed28e875f39225813
xxjumperxx
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November 14, 2020, 04:28:33 PM
 #1637

Game #3920903 BUSTED AT: 1.24x 94782832d7ab76f1296fe2056a4333c186ccd23d2c3746b8e0fb6cd5ae5fc407

for monitoring

Game #3920927
BUSTED AT: 1.57x
601f5c6927b07e94418536c3d04b9a939d6c1c5243fc44fcbb124ac46560f5bc

Game #3920942
BUSTED AT: 1.49x  8b2ae8ca1c8d588187a36af4047ebb5a41c45a70c46af45bd7301879e776b177



What exactly are you trying to monitor?
And what exactly should we do with the game Hashes?

Could you please elaborate us as to why you posted these hashes?

Im curious
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November 14, 2020, 05:09:01 PM
 #1638

I was curious too what's with that hashes? do you want us to check or to verify if it is fair or not? mind giving us more info? or you just wanted to share those hashes for no reason at all?
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November 14, 2020, 05:34:07 PM
Last edit: November 14, 2020, 05:55:33 PM by vbond
 #1639

I'll tell you everything when the time comes.
Game #3921119
BUSTED AT: 1.71x 57ac444e3cd9ff812caf3d8f3b7d6d9c4af667191067ba02ae4e6f2578963ab3

Game #3921130
BUSTED AT: 2.21x cdae067314368b40ea36e0744569408202e946ba5e57ec760de35bc6219bc258
Game #3921138
BUSTED AT: 1.87x b63a0b1086e8a1956c20aaca3b75a70d517dad86dc04c160aa5e5409a423565b
Game #3921144
BUSTED AT: 2.62x b437916cc4d6bdf7cf51c45adbc5d9f3c487c1cfbdcb1b841e0d576628b3992e

I saved my game results over a month ago.
Today, after checking the chain, the results did not match. This happens at certain parts of the chain.
Game #3921176
BUSTED AT: 1.47x  f081db4ce7d39035a6b6b846e418cb147f8c416be6a605bc5c2cc4024c7288a2

Game #3921184
BUSTED AT: 1.55x 046b2f3c57e495a49af52847f1133974946fe97fb5c76b7038bb00f7ff7141c1
xxjumperxx
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November 14, 2020, 05:45:50 PM
 #1640

It will be something negative towards bustabit or devans...
This user always seems to bash or bad talk bustabit...

How many hashes will you post will you make until you tell us?

How about collect hashes and make them all in one post with a explanation?
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