Timetwister
Legendary

Activity: 1205
Merit: 1047
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January 02, 2019, 12:27:17 PM |
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Another question. Considering the current onsite and offsite bankroll, what percentage of the onsite bankroll would have the casino to lose so that a player with 1:3 leverage (1 onsite, 2 offsite) would lose everything she deposited?
Would it be 1/(investor's leverage/average leverage) ?
So in this example: 1/(3/(5243/2978)=1/(3/1.76)=1/1.7=0.59; 59% drop; 2978*0.59=1757 BTC lost by the casino
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BTCevo
Legendary

Activity: 1834
Merit: 1008
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January 02, 2019, 01:43:35 PM |
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I do not think that it is related to what buatabit right now? How can you said that they are stealing buatabit domain? I do not see anything similar towards this issue right now. And what milewilda said is true though, so there is nothing to be so special to tell everyone. Btw do you even seen tons of similar sites as bustabit? I believe every single sites that similar to bustabit are using their open source v1 and try to make some money there but no one can really beat the real bustabit v2
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Josepht
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January 02, 2019, 03:22:24 PM |
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Another question. Considering the current onsite and offsite bankroll, what percentage of the onsite bankroll would have the casino to lose so that a player with 1:3 leverage (1 onsite, 2 offsite) would lose everything she deposited?
Would it be 1/(investor's leverage/average leverage) ?
So in this example: 1/(3/(5243/2978)=1/(3/1.76)=1/1.7=0.59; 59% drop; 2978*0.59=1757 BTC lost by the casino
I think it's like this: The investor has 1/3rd of his investment onsite, and 2/3rd offsite. Wins and losses are added and subtracted from his onsite investment. If the total bankroll decreases with 1%, his total investment decreases with 1% (fees are not included in this example). Since the offsite investment profits are also added to the onsite investment, the offsite investment decreases with 3%. We can conclude that if the total bankroll loses 33.3%, the onsite investment would be 'used up', and therefore will be gone. With the current total bankroll that would be (.33333 * 5050BTC =) 1683 BTC
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Timetwister
Legendary

Activity: 1205
Merit: 1047
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January 02, 2019, 04:58:18 PM |
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Another question. Considering the current onsite and offsite bankroll, what percentage of the onsite bankroll would have the casino to lose so that a player with 1:3 leverage (1 onsite, 2 offsite) would lose everything she deposited?
Would it be 1/(investor's leverage/average leverage) ?
So in this example: 1/(3/(5243/2978)=1/(3/1.76)=1/1.7=0.59; 59% drop; 2978*0.59=1757 BTC lost by the casino
I think it's like this: The investor has 1/3rd of his investment onsite, and 2/3rd offsite. Wins and losses are added and subtracted from his onsite investment. If the total bankroll decreases with 1%, his total investment decreases with 1% (fees are not included in this example). Since the offsite investment profits are also added to the onsite investment, the offsite investment decreases with 3%. We can conclude that if the total bankroll loses 33.3%, the onsite investment would be 'used up', and therefore will be gone. With the current total bankroll that would be (.33333 * 5050BTC =) 1683 BTC Actually what you are saying is the same, but easier. You lose everything when the total bankroll (the number you use, 5050, which was 5243 in my example) drops 1/(your leverage). It's the same as when the real, onsite, bankroll drops your leverage/the average leverage. So the more leveraged other users are, the bigger the drop has to be based on the onsite number. In the extreme case that everybody was 1:3, the onsite bankroll would have to drop 100%, which is equivalent to the total bankroll dropping 1/3.
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sana54210
Legendary

Activity: 3948
Merit: 1136
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January 03, 2019, 05:55:53 PM |
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I try to avoid things cleverer people than me say to avoid. Rhavar basically explained it amazingly and onsite is basically just regular bankroll investment we have known for years in this and other casino websites. Offsite is a bit too new for my test and I am not neither too familiar with the logic nor smart enough to take advantage of the opportunity right now hence I wouldn't go that road unless I would grasp it better.
For people who are really keen investors who know every detail that's probably a great thing to exists and provides more features if nothing else but for people like me who are new to investment or basically just go with it because they trust the website and not great on accounting parts, onsite is far better option, its simple yet very effective.
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JollyGood
Legendary

Activity: 3388
Merit: 2332
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January 04, 2019, 08:30:25 PM |
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I doubt that the domain belongs to them, if it is available surely anybody can register it because it belongs to nobody. In this case I doubt "Bustabit" is an actual registered trademark though it is a trading name used by the owners.
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statdude
Legendary

Activity: 1498
Merit: 1000
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January 12, 2019, 12:53:46 AM |
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With the bonus feature (sadly) gone, does anyone know of any sites still offering such a thing?
Or, has there been any consideration made to bringing it back as a separate side game? Also, is there any info out there on the new ownership?
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Timetwister
Legendary

Activity: 1205
Merit: 1047
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January 12, 2019, 02:23:22 AM |
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With the bonus feature (sadly) gone, does anyone know of any sites still offering such a thing?
Or, has there been any consideration made to bringing it back as a separate side game? Also, is there any info out there on the new ownership?
It's owned by devans.
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Josepht
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January 12, 2019, 09:20:26 AM |
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With the bonus feature (sadly) gone, does anyone know of any sites still offering such a thing?
Well, it has been gone for a long time already. To answer your question: I know that ethercrash.io does offer the bonus feature.
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statdude
Legendary

Activity: 1498
Merit: 1000
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January 12, 2019, 07:58:18 PM |
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With the bonus feature (sadly) gone, does anyone know of any sites still offering such a thing?
Well, it has been gone for a long time already. To answer your question: I know that ethercrash.io does offer the bonus feature. Thanks for the point out to EtherCrash, looks like a pretty busy site too! I noticed there are a string of EOS-based crash sites. Two I saw are on-chain and using some form of the bonus feature. None are using the same classic Bustabit UI, though. EOSBET probably has the best and closest UI, but no P2P version (although they mention they have publicly tested one in the past and may in the future).
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BTCevo
Legendary

Activity: 1834
Merit: 1008
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January 14, 2019, 11:58:44 AM |
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With the bonus feature (sadly) gone, does anyone know of any sites still offering such a thing?
I believe on bustabit v2 there is no way they can get it back again, but if you ask for site that still have this bonus, I can say that every site that still using bustabit v1 script, they all still have this bonus as well, but I never consider that you should really play it there since I do not really believe on their system as well, although it is like a copy paste exactly from bustabit. So I will still go on bustabit then other similar sites
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deisik
Legendary

Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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January 14, 2019, 01:52:15 PM |
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With the bonus feature (sadly) gone, does anyone know of any sites still offering such a thing?
Well, it has been gone for a long time already. To answer your question: I know that ethercrash.io does offer the bonus feature. Thanks for the point out to EtherCrash, looks like a pretty busy site too! I noticed there are a string of EOS-based crash sites. Two I saw are on-chain and using some form of the bonus feature. None are using the same classic Bustabit UI, though. EOSBET probably has the best and closest UI, but no P2P version (although they mention they have publicly tested one in the past and may in the future) They are likely looking for ways to stake EOS coins I've been looking for something similar myself probably combined with some good gaming experience (still trying to understand what's what in this department, so bear with me), and I ran across a multitude of these sites (games) offering such a possibility, including Ethereum staking (when the Constantinople fork gets released as I got it). Don't know if it is going to catch on, but the idea seems to be worth investigating it further
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Caladonian
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January 15, 2019, 02:00:02 AM |
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With the bonus feature (sadly) gone, does anyone know of any sites still offering such a thing?
I believe on bustabit v2 there is no way they can get it back again, but if you ask for site that still have this bonus, I can say that every site that still using bustabit v1 script, they all still have this bonus as well, but I never consider that you should really play it there since I do not really believe on their system as well, although it is like a copy paste exactly from bustabit. So I will still go on bustabit then other similar sites Crash game are again being used by some alts, there's another one who uses TRX for playing, same concept with bustabit and still providing bonuses, but same with your opinion, its still far better using the original game and feel the same excitement when you first deal with than finding something with those copy system and blame them if you will not be satisfied.
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Supercrypt
Legendary

Activity: 1554
Merit: 1054
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January 15, 2019, 04:32:21 PM |
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I wish to see one for ethereum, not like ethereum is some unknown coin but for some reason except for primedice and dapp gambling websites there are not many places that accept ethereum as a payment option. Why wouldn't casinos take ethereum to gamble is beyond me, I would love to see bustabit accept ethereum or at least see a clone of the game that takes ethereum instead. Bustaeth or whatever  . However, no matter how many similar games are out there the feeling of security this one gives will never be achieved, I know there are clones and even the source code could be copied from this one directly but it will never give me the feeling of playing at a place where I know I won't be scammed. I would rather turn my ethereum into bitcoin and deposit here and by luck if I manage to win I would rather withdraw the btc and turn it into ethereum instead of trying to find a place to play with ethereum directly.
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DarkStar_
Legendary

Activity: 2772
Merit: 3288
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January 15, 2019, 06:37:52 PM |
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I wish to see one for ethereum, not like ethereum is some unknown coin but for some reason except for primedice and dapp gambling websites there are not many places that accept ethereum as a payment option. Why wouldn't casinos take ethereum to gamble is beyond me, I would love to see bustabit accept ethereum or at least see a clone of the game that takes ethereum instead. Bustaeth or whatever  . However, no matter how many similar games are out there the feeling of security this one gives will never be achieved, I know there are clones and even the source code could be copied from this one directly but it will never give me the feeling of playing at a place where I know I won't be scammed. I would rather turn my ethereum into bitcoin and deposit here and by luck if I manage to win I would rather withdraw the btc and turn it into ethereum instead of trying to find a place to play with ethereum directly. If you bothered to literally read the last 4 posts instead of immediately signature spamming, someone linked ethercrash.io which is a bustabit clone that accepts ETH.
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taking a break - expect delayed responses
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vbond
Newbie

Activity: 55
Merit: 0
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January 25, 2019, 12:18:35 AM |
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It does, it's just that the jsfiddle doesn't "live reload". After making the code change (e.g. changing the salt) you need to hit "Run" and then redo the verification (and you'll see it prints out different busts) Thank you. So it works like you said.
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JollyGood
Legendary

Activity: 3388
Merit: 2332
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January 25, 2019, 10:35:55 AM |
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It does, it's just that the jsfiddle doesn't "live reload". After making the code change (e.g. changing the salt) you need to hit "Run" and then redo the verification (and you'll see it prints out different busts) You seem to know a lot about coding. Are you a full stack dev?
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Captain Corporate
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January 25, 2019, 01:59:07 PM |
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Lol, he is THE rhavar. He is not only a developer but he is the creator of all things known to men. Don't you ever disrespect rhavar ever again boi!!
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Supercrypt
Legendary

Activity: 1554
Merit: 1054
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January 25, 2019, 02:11:37 PM |
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I wish to see one for ethereum, not like ethereum is some unknown coin but for some reason except for primedice and dapp gambling websites there are not many places that accept ethereum as a payment option. Why wouldn't casinos take ethereum to gamble is beyond me, I would love to see bustabit accept ethereum or at least see a clone of the game that takes ethereum instead. Bustaeth or whatever  . However, no matter how many similar games are out there the feeling of security this one gives will never be achieved, I know there are clones and even the source code could be copied from this one directly but it will never give me the feeling of playing at a place where I know I won't be scammed. I would rather turn my ethereum into bitcoin and deposit here and by luck if I manage to win I would rather withdraw the btc and turn it into ethereum instead of trying to find a place to play with ethereum directly. If you bothered to literally read the last 4 posts instead of immediately signature spamming, someone linked ethercrash.io which is a bustabit clone that accepts ETH. If you cared to read all of my post instead of thinking its a signature spamming you can read at the very bottom of the post it clearly says I would rather turn my ethereum into bitcoin and play here instead of playing somewhere else for ethereum. Is it that much hard for you to read all of the post before commenting on someone writing a longer than a single sentence ? I know ethercrash and I do not want to play there with ethereum, the point is not to just play with ether no matter where or how, the point is to get bustabit to accept ethereum as well. You can find places in the online casino world that takes almost any coin, there are now places like coinswitch or changelly or whatever that helps casinos to take whatever deposit they want but that doesn't make the website any alright. However, if you trust bustabit and also want to play on ethereum you can just "wish" they add ethereum as well. Ethercrash is not the answer I am looking for, it is bustabit adding ethereum. Read the whole post before making a snarky comment.
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