Bitcoin Forum
May 10, 2024, 03:43:32 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 [36] 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 ... 119 »
  Print  
Author Topic: bustabit – The original crash game  (Read 60314 times)
dooglus
Legendary
*
Offline Offline

Activity: 2940
Merit: 1330



View Profile
September 06, 2019, 01:42:25 AM
Merited by suchmoon (4), bones261 (2), crwth (1)
 #701

The problem with that approach is that there is no way for the customer to tell whether the casino is really generating the rolls randomly. They could be choosing them deliberately some percentage of the time to make the players lose more than they should.
Isn't this the one you call house edge?

No. The house edge is something quite different. Your chance of winning any particular bet is slightly lower than the payout would imply. For instance if you're betting to double your money you might expect to win 50% of the time, but the house adjusts the payout to make its edge. The payout for a 50% chance is typically around 1.98x, and your chance to win a 2x bet is typically 49.5%. That's how the edge is built in. There's no "choosing them deliberately some percentage of the time to make the players lose more than they should" involved.

With the knowledge of the operator to know the result, wouldn't they be able to give you a seed where it could be checked and be proven the right outcome but they gave the "losing" part to the player? I guess you would just really trust the site when you gamble.

No again. Provably fair sites allow the players to check for themselves that they aren't being cheated. We were talking about the people bankrolling the site. It's possible for the site (in collusion with its auditors if necessary) to cheat those people without it being detected, but not for it to cheat its players.

Just-Dice                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   Play or Invest                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   1% House Edge
1715355812
Hero Member
*
Offline Offline

Posts: 1715355812

View Profile Personal Message (Offline)

Ignore
1715355812
Reply with quote  #2

1715355812
Report to moderator
1715355812
Hero Member
*
Offline Offline

Posts: 1715355812

View Profile Personal Message (Offline)

Ignore
1715355812
Reply with quote  #2

1715355812
Report to moderator
1715355812
Hero Member
*
Offline Offline

Posts: 1715355812

View Profile Personal Message (Offline)

Ignore
1715355812
Reply with quote  #2

1715355812
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715355812
Hero Member
*
Offline Offline

Posts: 1715355812

View Profile Personal Message (Offline)

Ignore
1715355812
Reply with quote  #2

1715355812
Report to moderator
1715355812
Hero Member
*
Offline Offline

Posts: 1715355812

View Profile Personal Message (Offline)

Ignore
1715355812
Reply with quote  #2

1715355812
Report to moderator
1715355812
Hero Member
*
Offline Offline

Posts: 1715355812

View Profile Personal Message (Offline)

Ignore
1715355812
Reply with quote  #2

1715355812
Report to moderator
Spaffin
Full Member
***
Offline Offline

Activity: 1316
Merit: 108



View Profile WWW
September 07, 2019, 04:19:35 PM
 #702

As far as I understand the gameplay, the goal is to win against the bank before it collapses.  But I can’t understand how my winnings depend on the volume of bets I have made?  It seems to me that everyone can win this game if he is not greedy.

FXBOX    [TelegramTwitter ]  ▞  GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
██████████████████  PLAY 2 EARN FINANCIAL GAMES  ██████████████████
INVESTINGTRADINGLOTTERYMARKET PREDICTIONS     ◖ READ MORE
ralle14
Legendary
*
Offline Offline

Activity: 3178
Merit: 1877


Metawin.com


View Profile
September 07, 2019, 05:36:19 PM
 #703

But I can’t understand how my winnings depend on the volume of bets I have made?  It seems to me that everyone can win this game if he is not greedy.
That's what net profit means you basically combine the profits you've made from all of your bets.

It seems to me that everyone can win this game if he is not greedy.
Not everyone can win even if they're not greedy there's always a bunch of people losing on certain rounds..

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Spaffin
Full Member
***
Offline Offline

Activity: 1316
Merit: 108



View Profile WWW
September 08, 2019, 02:38:17 PM
 #704

But I can’t understand how my winnings depend on the volume of bets I have made?  It seems to me that everyone can win this game if he is not greedy.
That's what net profit means you basically combine the profits you've made from all of your bets.

It seems to me that everyone can win this game if he is not greedy.
Not everyone can win even if they're not greedy there's always a bunch of people losing on certain rounds..
As I understand it, if there is a condition for raising rates after each win, can I use the previous win without making a new deposit?  Regarding winning and losing, everything is clear here, because gambling is precisely who is luckier. Grin By the way, I am currently following this project a lot and I was pleasantly surprised by the information that a provably fair game scheme is in place to eliminate any further doubts about legitimacy.  Respect.

FXBOX    [TelegramTwitter ]  ▞  GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
██████████████████  PLAY 2 EARN FINANCIAL GAMES  ██████████████████
INVESTINGTRADINGLOTTERYMARKET PREDICTIONS     ◖ READ MORE
vbond
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile WWW
September 08, 2019, 09:06:51 PM
 #705

I found another site without a license. (onehash.com/moon)
devans (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 368


View Profile
September 12, 2019, 02:50:19 PM
 #706

well it's good site for high rollers but not the best for odds there is many other sites provide better odds last night i saw 9 then 9 then 13 reds a row which is was insane almost other sites max reds 8 / 11 not that much bustabit good for high rollers only

bustabit's house edge is only 1%. That's fairly standard in the industry, certainly not higher than ordinary.
devans (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 368


View Profile
September 12, 2019, 02:51:54 PM
 #707

I found another site without a license. (onehash.com/moon)

At a quick glance it doesn't look like they are using bustabit's old source code. If that's the case they don't need a license. Only bustabit's source code is protected, not the concept of a crash game itself.
shield132
Hero Member
*****
Offline Offline

Activity: 2212
Merit: 854



View Profile
September 12, 2019, 03:39:57 PM
 #708

I found another site without a license. (onehash.com/moon)

At a quick glance it doesn't look like they are using bustabit's old source code. If that's the case they don't need a license. Only bustabit's source code is protected, not the concept of a crash game itself.
At first onehash is reputable website and they are on btctalk for a long time, they wouldn't do such action for two reason: 1. Copyright 2. Forum ethics

devans
Wish it was possible to license game because you can't imagine what happens outside your website. A lot of local casinos are so hyped with this game recently, they added it and attracted a lot of customer. This fact makes me sad that such a great website has less customers then those whom just cloned your website yesterday.
Btw don't you plan to make some changes in game UI? It's very, very old, as far as I remember it was never changed.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
JollyGood
Legendary
*
Online Online

Activity: 2534
Merit: 1713


Top Crypto Casino


View Profile
September 12, 2019, 05:34:55 PM
 #709

Someone allegedly has some issues/misunderstandings with Bustabit. He opened a thread titled "Bustabit - scam or hacking - HELP ME"

https://bitcointalk.org/index.php?topic=5183720.0;topicseen

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
devans (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 368


View Profile
September 13, 2019, 12:36:53 PM
 #710

Someone allegedly has some issues/misunderstandings with Bustabit. He opened a thread titled "Bustabit - scam or hacking - HELP ME"

It looks like he's already received good advice in the thread, namely to contact me via bustabit's support request form at https://www.bustabit.com/support if he has an issue with his account.

I cannot discuss other players' support requests or private information, but it's worth noting a few things: bustabit never deletes an account on its own accord. The only time an account will be deleted is if the user requests it. Both withdrawing as well as deleting an account require the account's login credentials to be entered again to confirm.
devans (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 368


View Profile
September 13, 2019, 12:39:23 PM
 #711

Wish it was possible to license game because you can't imagine what happens outside your website. A lot of local casinos are so hyped with this game recently, they added it and attracted a lot of customer. This fact makes me sad that such a great website has less customers then those whom just cloned your website yesterday.

What do you mean by local casinos being hyped by bustabit? Do you mean you know of any brick and mortar casinos that have implemented a crash game like bustabit's? 😲

Btw don't you plan to make some changes in game UI? It's very, very old, as far as I remember it was never changed.

Although I'm constantly working on improving bustabit, I don't have any specific plans to revamp the user interface right now. For what it's worth bustabit–including its front end–underwent a complete rewrite from the ground up less than two years ago.
JollyGood
Legendary
*
Online Online

Activity: 2534
Merit: 1713


Top Crypto Casino


View Profile
September 13, 2019, 03:15:59 PM
 #712

Someone allegedly has some issues/misunderstandings with Bustabit. He opened a thread titled "Bustabit - scam or hacking - HELP ME"

It looks like he's already received good advice in the thread, namely to contact me via bustabit's support request form at https://www.bustabit.com/support if he has an issue with his account.

I cannot discuss other players' support requests or private information, but it's worth noting a few things: bustabit never deletes an account on its own accord. The only time an account will be deleted is if the user requests it. Both withdrawing as well as deleting an account require the account's login credentials to be entered again to confirm.


I never doubted your honesty or your credibility. I just wanted to bring it to your attention since the claim made was hard to believe as a fault by the website.

Thank you for the clarification.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
BTCevo
Legendary
*
Offline Offline

Activity: 1834
Merit: 1008


View Profile
September 14, 2019, 11:46:58 AM
 #713

Someone allegedly has some issues/misunderstandings with Bustabit. He opened a thread titled "Bustabit - scam or hacking - HELP ME"

https://bitcointalk.org/index.php?topic=5183720.0;topicseen

Yes there is a lot of similar rumors, wondering if it has been on the samee person and many people already giving some good explanation well enough but still he said that there is a scam between them. I am wondering if this is a internal problem coming from them or not


I found another site without a license. (onehash.com/moon)

At a quick glance it doesn't look like they are using bustabit's old source code. If that's the case they don't need a license. Only bustabit's source code is protected, not the concept of a crash game itself.
At first onehash is reputable website and they are on btctalk for a long time, they wouldn't do such action for two reason: 1. Copyright 2. Forum ethics

devans
Wish it was possible to license game because you can't imagine what happens outside your website. A lot of local casinos are so hyped with this game recently, they added it and attracted a lot of customer. This fact makes me sad that such a great website has less customers then those whom just cloned your website yesterday.
Btw don't you plan to make some changes in game UI? It's very, very old, as far as I remember it was never changed.

Dont you think it is a little bit too late for now to license their own game? At the first play, they are the one starting the open source so every single person may create the similar game. So if they are going to license the game it still not worth. May be some attraction will do to help the site
devans (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 368


View Profile
September 14, 2019, 12:04:10 PM
 #714

Yes there is a lot of similar rumors, wondering if it has been on the samee person and many people already giving some good explanation well enough but still he said that there is a scam between them. I am wondering if this is a internal problem coming from them or not

I'm not sure what you mean as that's the only thread about bustabit of its kind that I've seen. In any case it looks like the OP deleted the thread, so I assume that he's satisfied after getting in touch with me.


Dont you think it is a little bit too late for now to license their own game? At the first play, they are the one starting the open source so every single person may create the similar game. So if they are going to license the game it still not worth. May be some attraction will do to help the site

bustabit does sell licenses for its v1 software and a decent number of casinos use it: https://www.bustabit.com/license.txt. But to my knowledge bustabit's game concept itself cannot be protected, only the software itself. Of course I'm not a lawyer, so I might be wrong about that 😅
malevolent
can into space
Legendary
*
Offline Offline

Activity: 3472
Merit: 1721



View Profile
September 20, 2019, 08:27:13 PM
Merited by suchmoon (4), BayAreaCoins (1)
 #715

I've noticed that bustabit and bustadice now have Terms of Service, and I also have noticed it includes some controversial clauses, so I have some questions:

1. "Users for which using the service is not legal in their applicable jurisdiction(s) are prohibited from using the service."

"To ensure that no prohibited users are using the service, the operator may demand proof of age, citizenship and residence of any user at his own discretion. If the user does not provide adequate proof at the operator's request they may be barred from further using the service."

How will you react to foreign governments requesting information about users accessing your website from foreign IP addresses?
Are you planning on using any 3rd party companies for KYCing of your users?
How long do you store user logs (IP addresses, user agents, deposit and withdrawal information) and private information used to confirm age/citizenship/residence? Can a user request the deletion of their data earlier?
Is it actually illegal to gamble and invest bitcoins in casino bankroll in the prohibited countries ("Aruba, Australia, Curaçao, France, Netherlands, Sint Maarten, United States of America")?

2. "The operator may permanently delete accounts that have not been accessed for two years and may make usernames of deleted accounts available for use with new accounts again."
[...]
"All funds of deleted dormant accounts including their balance and any bankroll investments are forfeited by the user and assumed by the operator."

Two years is a bit short, I've left some funds for this long in the past elsewhere without logging in for a similar period of time at least once (not that it's a smart thing to do but still).


Signature space available for rent.
GamblingSiteFinder
Full Member
***
Offline Offline

Activity: 211
Merit: 100

gamblingsitefinder.com


View Profile WWW
September 20, 2019, 08:58:37 PM
 #716

I would like some clarification as well, particularly on these two points:

Quote
The operator may permanently delete accounts that have not been accessed for two years and may make usernames of deleted accounts available for use with new accounts again.

What constitutes inactivity? Is logging in okay, or do wagers need to be placed?

Quote
All funds of deleted dormant accounts including their balance and any bankroll investments are forfeited by the user and assumed by the operator.

What happens with the bankroll investment in this case, is it dispersed among other bankrollers?

malevolent
can into space
Legendary
*
Offline Offline

Activity: 3472
Merit: 1721



View Profile
September 20, 2019, 09:08:39 PM
Merited by devans (5)
 #717

The answer to your two questions is here, in the full ToS:

https://www.bustabit.com/tos

Quote
For this purpose, an account's last access time is the time that the user last signed in to the account or connected to the service while already signed in.

'Assumed by the operator' means the owner of the site keeps the funds, I think.

You have to accept the ToS on both sites, but I can't find it linked anywhere on bustabit.


Signature space available for rent.
JollyGood
Legendary
*
Online Online

Activity: 2534
Merit: 1713


Top Crypto Casino


View Profile
September 20, 2019, 09:42:44 PM
 #718

The answer to your two questions is here, in the full ToS:

https://www.bustabit.com/tos

Quote
For this purpose, an account's last access time is the time that the user last signed in to the account or connected to the service while already signed in.

'Assumed by the operator' means the owner of the site keeps the funds, I think.

You have to accept the ToS on both sites, but I can't find it linked anywhere on bustabit.


By allowing sufficient time between the last time somebody accessed their account and whatever time frame is stated within the terms and conditions it gives plenty of clarity. By inserting a 24 month clause I would say that sounds about right and is a reasonable time but I take your point about people leaving funds on sites only to return to them later.

At that point there are a few options such as distributing the assumed funds one way or another towards investors or winners but if the OP decides those funds will be kept by him and it is clearly stated in the terms and condition then I see no problem with it.





I've noticed that bustabit and bustadice now have Terms of Service, and I also have noticed it includes some controversial clauses, so I have some questions:

1. "Users for which using the service is not legal in their applicable jurisdiction(s) are prohibited from using the service."

"To ensure that no prohibited users are using the service, the operator may demand proof of age, citizenship and residence of any user at his own discretion. If the user does not provide adequate proof at the operator's request they may be barred from further using the service."

How will you react to foreign governments requesting information about users accessing your website from foreign IP addresses?
Are you planning on using any 3rd party companies for KYCing of your users?
How long do you store user logs (IP addresses, user agents, deposit and withdrawal information) and private information used to confirm age/citizenship/residence? Can a user request the deletion of their data earlier?
Is it actually illegal to gamble and invest bitcoins in casino bankroll in the prohibited countries ("Aruba, Australia, Curaçao, France, Netherlands, Sint Maarten, United States of America")?

2. "The operator may permanently delete accounts that have not been accessed for two years and may make usernames of deleted accounts available for use with new accounts again."
[...]
"All funds of deleted dormant accounts including their balance and any bankroll investments are forfeited by the user and assumed by the operator."

Two years is a bit short, I've left some funds for this long in the past elsewhere without logging in for a similar period of time at least once (not that it's a smart thing to do but still).


There are problems however with what you pointed out regarding the possible need for KYC. I have a personal policy of never sending my ID to websites but those that do need to be very careful because nobody can say for sure what will happen to that data.

Not at all saying that Bustabit/Bustadice will do this but what happens if a user signs up and plays regularly, then after a few months wins a "big" amount but is blocked from withdrawing the funds unless KYC is sent. If it is a user with my principles that refuses to send KYC to any entity then what will happen to those funds?

We all know KYC has been used as an excuse by exchanges, gaming websites, bounty managers and more just as a ploy to either delay or refuse releasing funds. Again, not saying Bustabit/Bustadice will do it but others have done it and others are doing it.

Furthermore, with this update about terms and conditions more needs to be done such adding GDPR for European users and cookie notification.

Since when did Apis N.V. (the Government of Curacao licensed company) come in to existence? Maybe the terms and conditions were created and added after the licence was received and is a direct result of it.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
devans (OP)
Sr. Member
****
Offline Offline

Activity: 528
Merit: 368


View Profile
September 20, 2019, 10:42:52 PM
Merited by suchmoon (4), malevolent (3), GamblingSiteFinder (1)
 #719

How will you react to foreign governments requesting information about users accessing your website from foreign IP addresses?
Such requests would be reviewed by our lawyers who would advise us on a case-by-case basis. Like any business, bustabit is obligated to comply with lawful court orders of course.

Are you planning on using any 3rd party companies for KYCing of your users?
No, KYC checks are so rarely required that that's not worth it. bustabit's default assumption for any given user is that they are not prohibited from using bustabit. A KYC check is only necessary if I have a specific reason to believe that someone is prohibited from using bustabit, e.g. if they themselves claim they are underage in chat. It's worth noting that due to the prevalence of VPNs, accessing bustabit from an IP address in a prohibited jurisdiction is not sufficient to trigger a KYC check.

How long do you store user logs (IP addresses, user agents, deposit and withdrawal information) and private information used to confirm age/citizenship/residence? Can a user request the deletion of their data earlier?
Currently connection logs, deposit histories and withdrawal histories are stored indefinitely. Information collected to confirm the user's age, citizenship and/or residency is exclusively used for that purpose, is deleted immediately afterwards and is not passed on to any third parties.

Is it actually illegal to gamble and invest bitcoins in casino bankroll in the prohibited countries ("Aruba, Australia, Curaçao, France, Netherlands, Sint Maarten, United States of America")?
I can't speak to the legality of gambling or investing Bitcoin in any of these jurisdictions. bustabit excludes users from these jurisdictions both from playing and investing not because it's illegal there (it may or may not be) but because our gaming license requires it. Conversely, a country not being on that list doesn't mean that online gambling is legal there (again, it may or may not be). Ultimately it's up to the user to ensure that they always complies with their local laws.

What constitutes inactivity? Is logging in okay, or do wagers need to be placed?
Signing in or connecting to the site while already signed in is all that's necessary for an account to be considered active. You don't need to wager, chat or do anything else. It goes without saying that bustabit will never delete dormant accounts before making a best effort to contact the owner first.

Quote
All funds of deleted dormant accounts including their balance and any bankroll investments are forfeited by the user and assumed by the operator.

What happens with the bankroll investment in this case, is it dispersed among other bankrollers?
That's probably how I'd handle it since it seems like the simplest solution on a technical level (doesn't require any bankroll operations). However, since that's still in the distant future I can't commit to a firm answer yet. At some point in the future I would like to start recycling accounts that are clearly unused and making their user names available again, but I don't have any specific plans regarding that yet.
malevolent
can into space
Legendary
*
Offline Offline

Activity: 3472
Merit: 1721



View Profile
September 20, 2019, 11:05:08 PM
Last edit: September 20, 2019, 11:15:39 PM by malevolent
 #720

Thanks for answering.

From a privacy perspective it'd still be nice if the user could choose to delete at least some of the information stored related to their account after some amount of time has passed.

Signature space available for rent.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 [36] 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 ... 119 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!