bustabit – The original crash game

[wisefam3]

Hey guys,
Check out this article written on the ‘Top 3 Most Unique Casinos in 2020'! So cool to see that Bustabit is on the list: https://4king.com/3-most-unique-casinos/

wow, great for bustabit. if you are the writer of that list, what criteria do you have in mind to set that list?

[Nellayar]

Hey guys,
Check out this article written on the ‘Top 3 Most Unique Casinos in 2020'! So cool to see that Bustabit is on the list: https://4king.com/3-most-unique-casinos/

Seems like it is only favourable for the author. There are still good online gambling sites that have more users and games. However, I am agree with your regarding with bustabit. Yes, bustabit is unique online gambling site and one of the most trusted online gambling site since it is already established its trust to the people. A lot of site crashed down since 2014, but look at bustabit. It is cool and still kicking!

[Negotiation]

Hey guys,
Check out this article written on the ‘Top 3 Most Unique Casinos in 2020'! So cool to see that Bustabit is on the list: https://4king.com/3-most-unique-casinos/

Seems like it is only favourable for the author. There are still good online gambling sites that have more users and games. However, I am agree with your regarding with bustabit. Yes, bustabit is unique online gambling site and one of the most trusted online gambling site since it is already established its trust to the people. A lot of site crashed down since 2014, but look at bustabit. It is cool and still kicking!

I agree with you this is a really great site This site is very popular for gambling from the very beginning Bustabit is playing much better now Currently most people are leaning towards it because of the lockdown. In this case, the huge demand for this site in the field of gambling is increasing and many have made a profit Many credible sites are less likely to lose in that case.

[Emitdama]

Even if you do not give your real name, your username could be shared in many places, which means there is a possibility that if you have the username at bustabit and on bitcointalk, people could message you here if you have a lot of money. You would think just because someone has a lot of money doesn't mean they will end up giving you money, but people see that as a chance and they write like pages and pages and send it to you in order to make some sort of convincing talk about how you should send them money.

99% of the time it will result to nothing at all but there is that one in a million time that they could maybe get money from you. So, showing your username is still quite risky for a lot of people, hence why they try to stay hidden as much as they can.

[jostorres]

Hey guys,
Check out this article written on the ‘Top 3 Most Unique Casinos in 2020'! So cool to see that Bustabit is on the list: https://4king.com/3-most-unique-casinos/

Seems like it is only favourable for the author. There are still good online gambling sites that have more users and games. However, I am agree with your regarding with bustabit. Yes, bustabit is unique online gambling site and one of the most trusted online gambling site since it is already established its trust to the people. A lot of site crashed down since 2014, but look at bustabit. It is cool and still kicking!

I agree with you this is a really great site This site is very popular for gambling from the very beginning Bustabit is playing much better now Currently most people are leaning towards it because of the lockdown. In this case, the huge demand for this site in the field of gambling is increasing and many have made a profit Many credible sites are less likely to lose in that case.

There is "unique" and there is unique. Bustabit has always been a unique place in the sense that it was the first place that ever started, I think it was called moneypot at the very early days if I am not wrong and then they changed the name to bustabit and made moneypot into like this big casino bankroll main website type of thing.

RHavar was the creator if I am not wrong on both of them and sold everything. At the end of the day there are ton of places like this now sure, but the first one was bustabit, it came before all of them and it even licenses its own code to others to create competition as well, they probably realized there would be anyway so might as well make profit from it. So is it unique? Yes it is unique that it was the first of this style, but is it rare? No it is not anymore.

[Lakai01]

I noticed a minor bug: at my deposit ETA page the recommended fee alternates between 24.82 sat/vB and 182.03 sat/vB as I refresh the page (not on every refresh page, though).

Now this is just a wild guess, but at least with Bustadice the fees are recalculated regularly (every minute?), and depending on the load of the network, sometimes higher and sometimes lower.
What speaks against this being the case for you is the big difference between the calculated fees. The differences are usually much smaller, there are often only a few sats if, for example, you have the widhdrawal page open for a longer time and only perform the widhdrawal after 5 minutes.

[malevolent]

Now this is just a wild guess, but at least with Bustadice the fees are recalculated regularly (every minute?), and depending on the load of the network, sometimes higher and sometimes lower.
What speaks against this being the case for you is the big difference between the calculated fees. The differences are usually much smaller, there are often only a few sats if, for example, you have the widhdrawal page open for a longer time and only perform the widhdrawal after 5 minutes.

No, that's not it, I had the estimations change within literally two seconds so it looks like it's a bug.

But I posted in the wrong thread, meant to post in the bustadice thread (although it's possible that the same would happen on bustabit, too, seeing how both sites are similar in many ways).

[Naida_BR]

Again, I lost everything. I'm sad guys. Recently, a very bad game.

You don't have a good strategy then.
Bustabit is one of the casinos that offer a good many profit to their users. If you are loosing your money so easily then you have to consider again the way you are placing your bets and how effective this is.

[fullhdpixel]

I noticed a minor bug: at my deposit ETA page the recommended fee alternates between 24.82 sat/vB and 182.03 sat/vB as I refresh the page (not on every refresh page, though).

Now this is just a wild guess, but at least with Bustadice the fees are recalculated regularly (every minute?), and depending on the load of the network, sometimes higher and sometimes lower.
What speaks against this being the case for you is the big difference between the calculated fees. The differences are usually much smaller, there are often only a few sats if, for example, you have the widhdrawal page open for a longer time and only perform the widhdrawal after 5 minutes.

I think ~25 sats would have been very difficult to withdraw since it would have taken a lot of hours but that is probably bare minimum without failing to go, like 2 days to go type of situation. However 182 was the norm, yesterday I did with 163 sats and it worked with like 3 hours or so, still not fast but that was the cheapest I could find with enough time to wait before I go to bed so that is what I did. At the end of the day you could basically use anything above 30sat/byte and you will get it so its kind of makes sense.

If you check bitcoin fee on those fee calculations website you will realize that the difference is that big in there as well, there is a huge difference between "I am willing to wait 24 hours" and "I want it in 20 minutes" levels, like 30 sats to 300 sats type of huge difference.

[Lakai01]

I think ~25 sats would have been very difficult to withdraw since it would have taken a lot of hours but that is probably bare minimum without failing to go, like 2 days to go type of situation.

The reason why the fees are so low here is that these non-instant widhdrawals are processed in a batch. This means that all pending Withdrawals are collected in a period of time and are only executed when a certain criterion is reached (a certain number of total BTC, 24 hours have passed, ...).

You can see this quite clearly if you look at one of the transactions:


(I've blackened out the addresses so no one gets pissed if he/she sees his/her address here ... just in case, you never know ... )

The transaction cost a total of 156 sats in fees, but for me personally only 43 sats - and I only had to wait about 3 hours for the transaction to be completed.

[malevolent]

I think ~25 sats would have been very difficult to withdraw since it would have taken a lot of hours but that is probably bare minimum without failing to go, like 2 days to go type of situation. However 182 was the norm, yesterday I did with 163 sats and it worked with like 3 hours or so, still not fast but that was the cheapest I could find with enough time to wait before I go to bed so that is what I did. At the end of the day you could basically use anything above 30sat/byte and you will get it so its kind of makes sense.

If you check bitcoin fee on those fee calculations website you will realize that the difference is that big in there as well, there is a huge difference between "I am willing to wait 24 hours" and "I want it in 20 minutes" levels, like 30 sats to 300 sats type of huge difference.

It was a deposit, not a withdrawal, but it didn't actually take very long for the transaction to confirm, less than an hour, actually.

[adaseb]

Basically ever since May 2020, the transaction fees have been very erradic. The way that most bitcoin exchange and services calculate the fees is usually some API where they get some fee to use so the confirmation confirms by next block. These fees generally are very high especially during periods of congestion, reason why is because if a transaction isn't confirm "very fast" then the user will most likely complain about the casino.

If you use a service which has a dynamic fee that is charged by you, then use something like,
http://core.jochen-hoenicke.de/queue/#0,24h

And only do withdraws when its in the 1-5 sat/byte range, generally this is usually on weekends.

[devans]

The estimates on the /deposit-eta page rely on Blockstream's API. It looks like this is a bug or caching issue on their side.

[sana54210]

Basically ever since May 2020, the transaction fees have been very erradic. The way that most bitcoin exchange and services calculate the fees is usually some API where they get some fee to use so the confirmation confirms by next block. These fees generally are very high especially during periods of congestion, reason why is because if a transaction isn't confirm "very fast" then the user will most likely complain about the casino.

If you use a service which has a dynamic fee that is charged by you, then use something like,
http://core.jochen-hoenicke.de/queue/#0,24h

And only do withdraws when its in the 1-5 sat/byte range, generally this is usually on weekends.

The real problem here is not the fee's actually but the way exchanges usually try to save their own ass by charging a lot more. That is why I think bustabit is rare and casinos for some reason are doing much better than exchanges in general as well.

Considering the fact that you could get lucky in casino games, go into a website, deposit 10k, bet on x10, win 100k and leave (unlikely but not impossible) and there is no way exchanges could lose money on you, you pay them trading fee and never earn anything from them, it should have been just the opposite. They are already making a profit on you, depending on how much you trade, the withdrawal amount should be dropping, and even be zero if you trade enough. Casinos are doing much better even if you end up winning.

[wozzek23]

Again, I lost everything. I'm sad guys. Recently, a very bad game.

You don't have a good strategy then.
Bustabit is one of the casinos that offer a good many profit to their users. If you are loosing your money so easily then you have to consider again the way you are placing your bets and how effective this is.

I agree that you should not be losing all of your money that quickly here since there is basically a chart that keeps going up and even though sometimes it ends very quickly, you have a bankroll that you should really take care of as well. If you run out of money that quickly it is not really a good strategy to begin with and I agree.

However let's not act like millions of dollars have been lost here since the start neither, people DO lose money here all the time every single day, usually not that quickly, but even if it takes longer period of time they do end up losing all their money. Look at the start of the casinos bankroll and look at all the profits made since that moment, you gotta realize that no matter what your strategy is, there is a huge chance you will end up losing all your money.

[xxjumperxx]

Dont forget. Its still a casino!
Yes, you can win and yes you can lose.
There is no profitable script that will beat the system in the long run.
You can win short term, best to take money and move on.
But greed, is what gets all of them!

[andyBernard]

Ridiculous that people selling scripts is still a thing! Bustabit always gets you in the end, haha!

[xxjumperxx]

Ridiculous that people selling scripts is still a thing! Bustabit always gets you in the end, haha!

I mean there are scripts which will give you profit short term... Its just you need a big bankroll, to substain variance.
Just dont let it run unattended. 

[andyBernard]

Ridiculous that people selling scripts is still a thing! Bustabit always gets you in the end, haha!

I mean there are scripts which will give you profit short term... Its just you need a big bankroll, to substain variance.
Just dont let it run unattended. 

Haha yep! Few years ago thought I had a strategy that accounted for variance -$200 later haha. Was a costly lesson! 

[bearexin]

Ridiculous that people selling scripts is still a thing! Bustabit always gets you in the end, haha!

I mean there are scripts which will give you profit short term... Its just you need a big bankroll, to substain variance.
Just dont let it run unattended. 

Of course you could make some profit in the short term and that is basically what the gamblers are hoping for, gambling for one hour per day and making just 5-10 dollars per day using 100-200 dollars and just keep doing that. However, what they are not understanding that long term losses equals to that 200 dollars as well.

So, you make 10 bucks a day for 15 days, on 16th day you lose all 200 and that is how casino makes the money, you think you made a profit, after all it is 15 days in a row and some people even increase the bankroll to make more money as well, some are smarter and do not change whats working. In the end casino always wins, it is mathematically impossible, but I guess scripts would take the blame out of you, at least it won't be you that lost the money, you can blame the script for losing all your money.