bustabit – The original crash game

[jostorres]

Investing into a casino is not really something people can do without having a thick skin. It is not an easy thing and there are too many emotional people that have breakdowns over the volatility as well. I have seen so many people that basically said that casino is stealing money from the investors by claiming they are actually posing as customer on their own casino and win because they know something and get the investors money.

Yes, investors are sore losers just like gamblers as well some times. Which means if you are patient and you have a thick skin, there could be days someone wins 200+ bitcoins and maybe it will happen few times back to back as well? It is all a possibility since we are all doing something based on luck. All of this is not that easy but if you can wait it is a great thing over long term obviously.

Basically what people are saying about investment is the fact that there is really not much you can do but to wait, if you are in a hurry you should not do it. Plus, there is an extra with the investment as well that many people do not consider. Bitcoin is something that usually gains value, and I mean in long term it really does, rarely it ever has a lower year than previous year (even if previous year has higher highs, it also has lower lows) so that means if you hold buy bitcoin and hold it, you are going to make a profit from it. When you invest here, you are going to make a profit with that too.

So, let's assume you invest 1 bitcoin here today, you spent 9k and bought it, and now you are invested 1 bitcoin, at the end of 2 years you are going to both have 1.2 bitcoin (made up example) but also it will be like 15-16k because bitcoin goes up too.

[Emitdama]

My guess is the winner disclosed their real identity ( or has established connections ) with "online friends" and when won that nice pot he made a clumsy attempt to form an alibi and break any relationship with someone he fears could claim a part of the cake for some reason that only they know.

It really doesn't make any sense the " I won so much money I don't deserve I will end my life" statement and I don't even drink the "we don't know who sits on the other side of the pc" speech : just don't withdraw or donate to charity , family , friends, do good, help the needy and so on. you can do whatever it takes to make you feel better.


Or simply he was just trolling other players.

If we were talking about a small amount of money, all of that could be real and I would have believed it, you won 2k and feel pressured about it since it is not enough for anything? Totally understandable. But, we are talking about 2 million dollars. That is enough money to pay all your debt, buy a house, buy a place so you can rent out and have an income, help out friends, give to charity, share with family AND still have some left.

Maybe not in USA or UK, which could be a lot less things you can buy, however when we are talking about 2 million dollars that is a lot of money that you can buy happiness with. I never believed "money doesn't buy happiness" motto, I always thought "money doesn't buy happiness, it buys crazy ass happiness" because with enough money even if you feel sad, you can simply go see a doctor about it.

[noormcs5]

My guess is the winner disclosed their real identity ( or has established connections ) with "online friends" and when won that nice pot he made a clumsy attempt to form an alibi and break any relationship with someone he fears could claim a part of the cake for some reason that only they know.

It really doesn't make any sense the " I won so much money I don't deserve I will end my life" statement and I don't even drink the "we don't know who sits on the other side of the pc" speech : just don't withdraw or donate to charity , family , friends, do good, help the needy and so on. you can do whatever it takes to make you feel better.


Or simply he was just trolling other players.

If we were talking about a small amount of money, all of that could be real and I would have believed it, you won 2k and feel pressured about it since it is not enough for anything? Totally understandable. But, we are talking about 2 million dollars. That is enough money to pay all your debt, buy a house, buy a place so you can rent out and have an income, help out friends, give to charity, share with family AND still have some left.

Maybe not in USA or UK, which could be a lot less things you can buy, however when we are talking about 2 million dollars that is a lot of money that you can buy happiness with. I never believed "money doesn't buy happiness" motto, I always thought "money doesn't buy happiness, it buys crazy ass happiness" because with enough money even if you feel sad, you can simply go see a doctor about it.

Money does bought happiness but i have seen many people who earned big amounts from gambling or other sources but after that they get effected into complex diseases and most of their money is spend on their treatment. Sometimes you won a big amount from crash game and on the other day your car is stolen. Incidents like these happens and that's why people say that money is not permanently yours.

[JollyGood]

As a first preference I would go with the misdirection via trolling option, I do not see how he would have been serious with the notion he would consider killing himself because he ended up a couple of million of USD$ richer.

Been away for a bit and missed your post.

My guess is the winner disclosed their real identity ( or has established connections ) with "online friends" and when won that nice pot he made a clumsy attempt to form an alibi and break any relationship with someone he fears could claim a part of the cake for some reason that only they know.

It really doesn't make any sense the " I won so much money I don't deserve I will end my life" statement and I don't even drink the "we don't know who sits on the other side of the pc" speech : just don't withdraw or donate to charity , family , friends, do good, help the needy and so on. you can do whatever it takes to make you feel better.


Or simply he was just trolling other players.

[vbond]

This was played by Daniel on an alternate account. Thus, he earns extra on investors.
There was a big profit. His greed is very high.

[RHavar]

This was played by Daniel on an alternate account. Thus, he earns extra on investors.
There was a big profit. His greed is very high.

Investor returns are 13% (?) higher than expected, and have been strong enough that long-term investors have been able withdraw more than they put in while keeping a balance higher than what they put in (!).


While that certainly doesn't prove anything (after all, if he stole $1000 from investors it would barely be a rounding error) and there's probably ways to fudge the stats like pretending there's less wagered than there really is (although that's tricky, because all bets are broadcasted to all players). Anyway, it does seem like a reasonable concern, so I'd suggest you shouldn't invest (or divest if you have) but it's a bit of a leap to just make random accusation without even circumstantial evidence.

[fullhdpixel]

This was played by Daniel on an alternate account. Thus, he earns extra on investors.
There was a big profit. His greed is very high.

Investor returns are 13% (?) higher than expected, and have been strong enough that long-term investors have been able withdraw more than they put in while keeping a balance higher than what they put in (!).


While that certainly doesn't prove anything (after all, if he stole $1000 from investors it would barely be a rounding error) and there's probably ways to fudge the stats like pretending there's less wagered than there really is (although that's tricky, because all bets are broadcasted to all players). Anyway, it does seem like a reasonable concern, so I'd suggest you shouldn't invest (or divest if you have) but it's a bit of a leap to just make random accusation without even circumstantial evidence.

That is the thing about these accusations, not just here but generally in all of websites that people could invest into, whenever people lose money on investment (or didn't even invested but saw someone won big) they end up blaming website for playing against themselves. There are two things wrong with that statement, I think if the website plays against itself, since its provably fair, they could easily end up losing, and since they will lose to investors and not to themselves, it makes no sense to risk it like that.

Secondly, bustabit is making shit ton of money already, why.... WHY would they need something like this? This is why I believe it makes no sense. Could I prove it technically? Of course not, I can't prove that they are not doing it, but it would be pretty stupid to do it so why would they? Just common sense.

[xxjumperxx]

This was played by Daniel on an alternate account. Thus, he earns extra on investors.
There was a big profit. His greed is very high.

Investor returns are 13% (?) higher than expected, and have been strong enough that long-term investors have been able withdraw more than they put in while keeping a balance higher than what they put in (!).


While that certainly doesn't prove anything (after all, if he stole $1000 from investors it would barely be a rounding error) and there's probably ways to fudge the stats like pretending there's less wagered than there really is (although that's tricky, because all bets are broadcasted to all players). Anyway, it does seem like a reasonable concern, so I'd suggest you shouldn't invest (or divest if you have) but it's a bit of a leap to just make random accusation without even circumstantial evidence.

There are two things wrong with that statement, I think if the website plays against itself, since its provably fair, they could easily end up losing, and since they will lose to investors and not to themselves, it makes no sense to risk it like that.

Since all rolls are predetermined, it would be possible for Daniel to see future rolls and place his bets accordingly...
Of course I am not sayin Daniel is doing so! I am just stating that it would be possible for him to do so.

Some people invest into the Bankroll thinking its a sure thing... well over a long period of time that chance to make profit is failrly high, short term there can always be whales coming in and cleaning up and taking some coins away.

Bustabit is one of the fairest sites around, the way Daniel treats his players is great!

[Timetwister]

Since all rolls are predetermined, it would be possible for Daniel to see future rolls and place his bets accordingly...
Of course I am not sayin Daniel is doing so! I am just stating that it would be possible for him to do so.

You would have to be very stupid to kill the golden goose like that.

[xxjumperxx]

Since all rolls are predetermined, it would be possible for Daniel to see future rolls and place his bets accordingly...
Of course I am not sayin Daniel is doing so! I am just stating that it would be possible for him to do so.

You would have to be very stupid to kill the golden goose like that.

Daniel would be very stupid to even consider doing so!

I was just saying it is possible from a technical point of view!

[jostorres]

^I even remember there was a time when the website had some bug or something where some gambler managed to figure out how to win and stole like hundreds of bitcoins thanks to abusing that bug.

Daniel actually came in and managed to pay every investor their money back from his own pocket saying he was the one that did something wrong and nobody should suffer financial setback because of his mistake. He didn't had to do that, investors do invest knowing that website could have a bug very rarely, not like it happens all the time, I do not remember another time that happened for example, which is why it should have been investors that pay for that because they knew what they were getting into. Yet dany didn't really go for all that and just paid it straight up. Dude is one of the best there is.

[Tipstar]

Since all rolls are predetermined, it would be possible for Daniel to see future rolls and place his bets accordingly...
Of course I am not sayin Daniel is doing so! I am just stating that it would be possible for him to do so.

You would have to be very stupid to kill the golden goose like that.

Daniel would be very stupid to even consider doing so!

I was just saying it is possible from a technical point of view!

The game is provably fair to play. So anyone can play without any issue and the casino profits from 1% of house edge.
But when you are investing in the bankroll of bustabit, you are basically trusting the admin with your money. He knows every outcome and if he intended to, can place a bet to make a win out of investors money and not get caught. If you think you can't trust daniel, don't invest in bankroll.

[xxjumperxx]

The game is provably fair to play. So anyone can play without any issue and the casino profits from 1% of house edge.
But when you are investing in the bankroll of bustabit, you are basically trusting the admin with your money. He knows every outcome and if he intended to, can place a bet to make a win out of investors money and not get caught. If you think you can't trust daniel, don't invest in bankroll.

Of course you are trusting Daniel with your funds...
You are trusting Daniel with your money, not only for placing bets he knows the income to, but he has your funds in control. If he really wanted to scam, just take funds and close up shop...

But Daniel is a good one, I have been part of the site investment for quite a while!

[tbterryboy]

The game is provably fair to play. So anyone can play without any issue and the casino profits from 1% of house edge.
But when you are investing in the bankroll of bustabit, you are basically trusting the admin with your money. He knows every outcome and if he intended to, can place a bet to make a win out of investors money and not get caught. If you think you can't trust daniel, don't invest in bankroll.

Of course you are trusting Daniel with your funds...
You are trusting Daniel with your money, not only for placing bets he knows the income to, but he has your funds in control. If he really wanted to scam, just take funds and close up shop...

But Daniel is a good one, I have been part of the site investment for quite a while!

I guess when the investors are making so much money, it is really not a big deal if some people think bad of the website, its important what investors feel about investing, what others think about investing is really irrelevant. So, if you do not trust Daniel, if you do not trust the website itself, just do not invest?

It is really not like a forced thing, not every human has to put in 100 dollars into bustabit as soon as they turn 18 by law, it is a personal preference thing that you do if you want to, and if you do not want to just forget about it? I personally along with god knows how many countless investors do trust him, dude has been solid for a long long time since he got it from rhavar and ever since that moment investors have been making a ton of profit without stopping.

[xxjumperxx]

I kind of agree.
Yes its nice that Daniel offers us the possibility to invest but I think its in Daniels Interest to have people think highly of Bustabit. He doesnt want anyone to think bad about it, because players are the ones that play and generate profit!
A Casino doesn't want bad publicity, yes of course there will be some (players losing and blaming site) but payouts even on big wins are super quick and Daniel treats his high rollers and normal players with respect!

[barbara44]

I kind of agree.
Yes its nice that Daniel offers us the possibility to invest but I think its in Daniels Interest to have people think highly of Bustabit. He doesnt want anyone to think bad about it, because players are the ones that play and generate profit!
A Casino doesn't want bad publicity, yes of course there will be some (players losing and blaming site) but payouts even on big wins are super quick and Daniel treats his high rollers and normal players with respect!

Well, Daniel has been around long enough to see a lot of casinos go bigger than bustabit and a lot of them crash and burn. I remember back in the day there was something called moneypool that was connected to rhavar as well, might be different name, maybe not moneypool, but something that was in general as an idea to have a collective bankroll for multiple casinos, just one bankroll, and countless other casinos all tied to that bankroll all together so they wouldn't need to have a bankroll.

There was a website there that eventually started using something called ruby as well. That website basically became the biggest casino there ever was in crypto for like.. a month? Then crashed and burned and nowhere to be found now. So, what I am saying is, Daniel knows what makes a casino big, and what makes it keep going as big without going down.

[JollyGood]

Well he certainly does have an excellent reputation from what I can see, there are lots of people willing to vouch for devans and what cannot be denied is the manner in which he handled the situation with the vulnerability in the website which resulted in losses that he covered from his own pocket. That was a very swift move on his part to reassure investors and game players.

^I even remember there was a time when the website had some bug or something where some gambler managed to figure out how to win and stole like hundreds of bitcoins thanks to abusing that bug.

Daniel actually came in and managed to pay every investor their money back from his own pocket saying he was the one that did something wrong and nobody should suffer financial setback because of his mistake. He didn't had to do that, investors do invest knowing that website could have a bug very rarely, not like it happens all the time, I do not remember another time that happened for example, which is why it should have been investors that pay for that because they knew what they were getting into. Yet dany didn't really go for all that and just paid it straight up. Dude is one of the best there is.

[malevolent]

Well, Daniel has been around long enough to see a lot of casinos go bigger than bustabit and a lot of them crash and burn. I remember back in the day there was something called moneypool that was connected to rhavar as well, might be different name, maybe not moneypool, but something that was in general as an idea to have a collective bankroll for multiple casinos, just one bankroll, and countless other casinos all tied to that bankroll all together so they wouldn't need to have a bankroll.

There was a website there that eventually started using something called ruby as well. That website basically became the biggest casino there ever was in crypto for like.. a month? Then crashed and burned and nowhere to be found now. So, what I am saying is, Daniel knows what makes a casino big, and what makes it keep going as big without going down.

*Moneypot(.com). It was an interesting project, shame it didn't last, the URLs below for those who are curious:

https://web.archive.org/web/20151127194540/http://moneypot.com/
https://web.archive.org/web/20190115143554/http://moneypot.com/

[alani123]

Whale time on bustabit.
I don't know if you see this every day, but someone just lost 6.25 BTC in a single bet and promptly deleted their account right after.

Here's the bet:
https://www.bustabit.com/game/3462696
And prior to that, the same user had 'missed' many opportunities to cash out 1000 bits @ 100x, 500x or even 900x. Instead they were just showing up on chat to flex saying "that was nothing".
This was their goodbye message:


We'll never know the context of these actions but it's just interesting to see how fast someone can crash and burn with gambling. Always remember to never gamble with what you can't afford to lose.

[xxjumperxx]

Thanks Alani123.
I looked at the max profit and my small investment and noticed it grew a bit but missed who played and how much they lost!
Thanks for the update, but surprising people play, lose and then delete their account. Weird.