bustabit – The original crash game

[GamblingSiteFinder]

Can someone explain intelligibly how the Bankroll works?

The bankroll is the pool of money that the house uses to pay out winners that bet on the bustabit multiplier. The max profit that players can win from a round of the game is determined by the size of the bankroll. The larger the bankroll, the more players can win. Each player can only win 1% of the bankroll in a single round. Similarly, all players combined can only win 1.5% of the bankroll in a single round. Players can bet on the house (i.e. become bankrollers), and their bet is added to the bankroll such that they win when the house wins and they lose when the house loses.

If you decide to invest, be aware that there is a 2% dilution fee per investment, meaning 2% of you bankroll investment will instantly be distributed amongst all bankroll investors who joined before you. To quote bustabit's language again, the 2% dilution fee is bustabit's " way of rewarding long-time bankrollers. It's never too late to become one!"

For what period is interest accrue?

You will earn (or lose) for as long as you have money invested in the bankroll. Your investment will fluctuate after every completed round, with your bankroll balance updating in real-time. If a player loses a large sum of money, your invest will earn proportionately. However, if a player wins a large sum of money, your invest will lose proportionately.

How to cash out?

Investing/Divesting is very easy. Simply go to "Bankroll" -> "Change Investment". From there you just select the amount of bits you'd like to invest/divest. To invest, you'll need to deposit BTC to your bustabit account first.

Can I withdraw my money at any time?

Yes.

[bitgolden]

This new "hidden" features in many casinos are creating an epidemic! We do not care about what the hell you are doing, we don't give a F about your bet, why would anyone "snipe" someone who wants to be hidden, are you betting 1+ each time or something? Even if that was the case you can literally open an account in 1 minute and just change accounts anytime you want to play or start to get harassed or something which I am %100 sure won't happen here. Long story short it is totally useless.

I am glad bayareacoins finally came around and realized his mistake, it was a bad wording that got him confused probably, there is a tiny difference (when reading) between "I never said it is provably fair" and "I never said both are provably fair", if you skip through reading everything then you may have not seen "both" part of that sentence.

[Battareus]

If you decide to invest, be aware that there is a 2% dilution fee per investment, meaning 2% of you bankroll investment will instantly be distributed amongst all bankroll investors who joined before you. To quote bustabit's language again, the 2% dilution fee is bustabit's " way of rewarding long-time bankrollers. It's never too late to become one!"

Does this means what when I invest 10,000 bits and decide to withdraw them right back, only 9,800 will return and it makes no sense to invest for one evening? I tried to make more bits in this game for my first investment, but all I got was the 5000 bits that I lost when the game did not reach to the value 37x in 1.5 hours. I looked at the statistics of successful players, they all have a strategy to exit the game when the graph reaches high values. Those players who expect to reach 1.1 - 3x in every game in auto mode have negative statistics.

[imstillthebest]

This new "hidden" features in many casinos are creating an epidemic! We do not care about what the hell you are doing, we don't give a F about your bet, why would anyone "snipe" someone who wants to be hidden, are you betting 1+ each time or something? Even if that was the case you can literally open an account in 1 minute and just change accounts anytime you want to play or start to get harassed or something which I am %100 sure won't happen here. Long story short it is totally useless.

they want to be hidden because they are shy about thier stats which mostly negative  or they want to be hidden because they are high bettors/high rollers and they dont want for someone to discovered it so that no one can beg on them   . it makes no sense to bet 1 sats and hide your self  but i notice that other gamblers are only creating new accounts if they want to bet big and then dispose that account and create a new one but thier only wasting thier stats   and the perks if ever they reach vip status  .

[hopenotlate]

This new "hidden" features in many casinos are creating an epidemic! We do not care about what the hell you are doing, we don't give a F about your bet, why would anyone "snipe" someone who wants to be hidden, are you betting 1+ each time or something? Even if that was the case you can literally open an account in 1 minute and just change accounts anytime you want to play or start to get harassed or something which I am %100 sure won't happen here. Long story short it is totally useless.

they want to be hidden because they are shy about thier stats which mostly negative  or they want to be hidden because they are high bettors/high rollers and they dont want for someone to discovered it so that no one can beg on them   . it makes no sense to bet 1 sats and hide your self  but i notice that other gamblers are only creating new accounts if they want to bet big and then dispose that account and create a new one but thier only wasting thier stats   and the perks if ever they reach vip status  .

Guess the reason some big bettors would prefer stay hidden/anonimous may stand on the fact showing you accont is rich of bitcoin put them at risk of being targeted by hackers/scammers/beggars.

But if wanting to stay anonimous only because other players may follow your bets is pointless expecially now that the bonus feature has been removed.

[Lakai01]

-snip-
Guess the reason some big bettors would prefer stay hidden/anonimous may stand on the fact showing you accont is rich of bitcoin put them at risk of being targeted by hackers/scammers/beggars.

There is only one reason someone wants to hide his username: to preserve your own anonymity.
Reasons are different why someone prevers to stay hidden. I am definitly no big player but still I hide my username at some sites, simply because I dont want to show the world how bad I am in terms of gambling

The ability to hide the username is a pretty common feature nowadays and I really appreciate it if a site offers it.

[GamblingSiteFinder]

Does this means what when I invest 10,000 bits and decide to withdraw them right back, only 9,800 will return and it makes no sense to invest for one evening?

That is correct. Up to 2 % of your investment is deducted as a non-refundable dilution fee. This fee is deducted from your bankroll investment the moment you invest.

[RHavar]

There is only one reason someone wants to hide his username: to preserve your own anonymity.
Reasons are different why someone prevers to stay hidden. I am definitly no big player but still I hide my username at some sites, simply because I dont want to show the world how bad I am in terms of gambling

The ability to hide the username is a pretty common feature nowadays and I really appreciate it if a site offers it.

You can also just generate a unique username: https://jimpix.co.uk/words/username-generator.asp#results (e.g. "chopwave" ) and when you're done, move on and never use it again. Or you can delete it at the end. No one is going to be able to associate it with you, and honestly, imho, a site that has open bet information is just so much more interesting than one with all these [[hidden]] stats/username/bets.

[Battareus]

It would be not bad to see the statistics of a Bankroll and have an idea of ​​how profitable or not it is to go into it. Now it’s not done quite conveniently when I type in the numbers of my balance of 10,000 bits, it shows that there will be 0.00% profitability, but I can’t check how much I will get if I invest 1 Bitcoin. The calculation is only from the amount that is now on the balance, this does not give a complete picture.

[dooglus]

It would be not bad to see the statistics of a Bankroll and have an idea of ​​how profitable or not it is to go into it.

If the site told you when it would be profitable to invest and when it wouldn't, why would anyone invest for the unprofitable times?

Maybe you're not understanding the concept of gambling. There is risk involved.

[redsun114]

I don’t know, maybe it's just my guesses, but yesterday I had 150 losses in a row, the game crashed before reaching my profit and would have reach at 151 time, but my balance had already ended at that time. Now I’ve edited the strategy and in the morning (+5 GMT here) I have found out that some player is following me, though after some time he disappeared. I think that if two or more people earn according to one effective strategy, then most likely this will be monitored and the chance to earn decreases, although this is my guess.

With a >0% house edge there is no strategy that will guarantee that you will win, and it doesn't matter if there's another player trying to cash out just before the game busts as the bonus system has been removed if this is what you had in mind.

Plus, I have laughed a lot at the +5 GMT plus part, like the hour of the day really matters to a game like bustabit with users all around the world gambling around the clock. I am pretty sure there are slower times here and there but in the end this place is alive and kicking 24 hours a day, how could anyone think that their play time would matter.

Nobody follows anybody, there are of course people who wait until you leave before they get out as well but that makes no sense since the bonus is gone, so its makes no sense if anyone gets out before you or after you if you are playing. What could possibly be the reason, they might be stealing your strategy? That ain't a feasible reason, why would anyone want to steal your strategy when they haven o idea who you are.

[GamblingSiteFinder]

I plan to invest in Bustabit. looks interesting after seeing the video on youtube review investment in bustabit. does anyone here know the thread for discussion of gambling sites? especially Bustabit where I can more clearly know the experience of investing. checking in this thread turns out there is an important point that we are subject to a 2% Fee withdrawal investment

You are already in the correct thread. This is the best place on the internet to discuss anything related to Bustabit.

[DGulari]

I plan to invest in Bustabit. looks interesting after seeing the video on youtube review investment in bustabit. does anyone here know the thread for discussion of gambling sites? especially Bustabit where I can more clearly know the experience of investing. checking in this thread turns out there is an important point that we are subject to a 2% Fee withdrawal investment

Idk what are you trying to do, asking where is the best place to disscuss about gambling while you already asked on the right thread?
Also, why aboout 2% from your investment? If you don't like it, just don't invest it, since you can see if that's already implemented since this threaf was created

[FanEagle]

a site that has open bet information is just so much more interesting than one with all these [[hidden]] stats/username/bets.

I agree that hidden usernames are really annoying, it wouldn't really be required if people didn't get paranoid over the smallest thing, why would anyone want to know your username, even if you poster it everywhere online wherever you can find, nobody would care.

If they want to hack you then they can do it without the hidden or with the hidden username, if they want to follow you then they can find patterns and still catch you red handed, but I am pretty sure there is no one who wants to do something like that on this website. Long story short, hidden usernames are useless waste of manhour for this website which could be used to improve design quality, I have always defended that we could improve the design and UX a lot better than what it is today, the features and the code are amazing, its run as its suppose to and its definitely a great website when it comes to functionality, but the design is lacking.

[Battareus]

It’s in the interests of the site owner to make an option to hide usernames or at least to hide some users by himself, because they can be used as indicators (what I'm doing now). For example, someone has a strategy with cash out on 90x, I have it in a separate tab, when he loses for 30 minutes, then I turn on my strategy for automatic earnings. After 5 - 10 minutes I have +200 bits on my balance.

[mitchr4]

It’s in the interests of the site owner to make an option to hide usernames or at least to hide some users by himself, because they can be used as indicators (what I'm doing now). For example, someone has a strategy with cash out on 90x, I have it in a separate tab, when he loses for 30 minutes, then I turn on my strategy for automatic earnings. After 5 - 10 minutes I have +200 bits on my balance.

Personally I don't agree if Bustabit provides that feature because it's not very useful. Because basically we've been playing anonymously using crypto and usernames, not real names. I am not sure what strategy you mean but people will not follow your strategy and don't even know if it works or not. Playing crash is a difficult game, it requires a lot of capital if you want to pay out with a high multiplier because you have to keep trying. It only relies on luck, there is only a small chance if you use the strategy.

[ahmadakbari]

It’s in the interests of the site owner to make an option to hide usernames or at least to hide some users by himself, because they can be used as indicators (what I'm doing now). For example, someone has a strategy with cash out on 90x, I have it in a separate tab, when he loses for 30 minutes, then I turn on my strategy for automatic earnings. After 5 - 10 minutes I have +200 bits on my balance.

I cannot understand what is the relation between losses of that person and your bets. Every bet you made is independent from your other bets and bets of other gamblers.

[Battareus]

It’s in the interests of the site owner to make an option to hide usernames or at least to hide some users by himself, because they can be used as indicators (what I'm doing now). For example, someone has a strategy with cash out on 90x, I have it in a separate tab, when he loses for 30 minutes, then I turn on my strategy for automatic earnings. After 5 - 10 minutes I have +200 bits on my balance.

I cannot understand what is the relation between losses of that person and your bets. Every bet you made is independent from your other bets and bets of other gamblers.

I know that an each bet does not depend on another, but there are statistics and you can not argue with it. If an event  (in this case, a bust at 90x) does not occur during the time during it usually took place, then the chance that the event will occur will increases. The chance of winning becomes higher than placing a bet at any moment which is not dependent on anything.

[ahmadakbari]

It’s in the interests of the site owner to make an option to hide usernames or at least to hide some users by himself, because they can be used as indicators (what I'm doing now). For example, someone has a strategy with cash out on 90x, I have it in a separate tab, when he loses for 30 minutes, then I turn on my strategy for automatic earnings. After 5 - 10 minutes I have +200 bits on my balance.

I cannot understand what is the relation between losses of that person and your bets. Every bet you made is independent from your other bets and bets of other gamblers.

I know that an each bet does not depend on another, but there are statistics and you can not argue with it. If an event  (in this case, a bust at 90x) does not occur during the time during it usually took place, then the chance that the event will occur will increases. The chance of winning becomes higher than placing a bet at any moment which is not dependent on anything.

You are 100% wrong. The outcome of the bet does not depend on the previous bets. The outcome of each bet is determined by a mathematical calculation which is provably fair.
You cannot bet based on previous bets. The chance of winning is always same.

[suchmoon]

I know that an each bet does not depend on another, but there are statistics and you can not argue with it. If an event  (in this case, a bust at 90x) does not occur during the time during it usually took place, then the chance that the event will occur will increases. The chance of winning becomes higher than placing a bet at any moment which is not dependent on anything.

It's a fallacy, albeit an amazingly persistent one. Don't do this, and more importantly - don't use bots/strategies/etc based on this - you'll end up broke and angry.

https://en.wikipedia.org/wiki/Gambler%27s_fallacy