bustabit – The original crash game

[logfiles]

Quite sad to see the owner of a 'trusted gambling site' treat it's users like this.

I've been active on BaB for almost 2 years, I've never had any problems involving bans or mutes until this. It's upsetting to me that you permanently ban me for no good reason and tell me "I won't reply to your requests". You've stripped me of one of my favourite downtime hobbies and  I hope people see this and reconsider playing on the site.

It would be bad if they had locked up your funds and refused to give them back to you but look, they just said they don't want to do business with you. So why don't you just move on. Stop forcing the issue.

There must be  a clear reason they don't want to deal with you anymore, and I think you have an idea.

[1714049981]

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[1714049981]

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[1714049981]

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[1714049981]

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[Fatunad]

How can you think its okay to permanently ban a loyal user based on nothing but your own judgement?

Isn't it his site?

Don't you think he should be able to ban whoever the hell he wants for whatever reason he wants?

The internet is big, go find help or lose your money somewhere that wants your action.

Why would push that far if he's already been restricted? Also we have tons of crash game sites at the moment and not only Bustabit but those are just copy cats
of course and this one is the origin of crash game but still considerable to burn up money into those sites though.

Only test out the sites

* 1bitprofit.com
 * 7mbtc.com (credible scam accusation: https://bitcointalk.org/index.php?topic=709185.msg21840393#msg21840393 )
 * bananobust.com (formerly cryptobust.io)
 * bitcoinhero.com
 * bitcrasha.com
 * bitrise.me (formerly phun.io)
 * bitsler.com
 * bitsquare.bet
 * busts.io
 * CAB (Asia)
 * crashbch.com, crashdoge.com, crasheth.com, crashingbitcoin.com, crashingcrypto.com, crashltc.com, crashnano.com (credible scam accusation: https://bitcointalk.org/index.php?topic=5139985)
 * crashdice.com
 * csgocrash.com
 * elitecrash.io
 * erena.io
 * ethchase.io
 * ethcrash.io
 * ethercrash.io
 * gamdom.com
 * hash.game
 * nanogames.io, raigames.io
 * paizacasino.com
 * roobet.io
 * slamcrash.com (formerly slamtoken.com)
 * zcrash.io

Source: https://www.bustabit.com/license.txt

Tons of choices eh? Dont waste off your time on sending emails and messages yet you had been already ignored.

[GamblingSiteFinder]

Today I came across a crash gambling site that lets users place multiple bets per round. Once all of your bets are placed, you can either cash them all out at once during the round, or staggered individually across multiple bust points. If BaB is brainstorming new ideas, this sounds like a pretty cool concept.

[decodx]

Today I came across a crash gambling site that lets users place multiple bets per round. Once all of your bets are placed, you can either cash them all out at once during the round, or staggered individually across multiple bust points. If BaB is brainstorming new ideas, this sounds like a pretty cool concept.

I'm not sure if it's okay to discuss other websites here, but this sounds like an interesting concept, and I would love to see that. The idea of a crash game where you can place multiple bets per round is something I've never heardd before.

[UnbanPerplex21]

Devans you dumb fucker



You unbanned me a few months ago and I was enjoying myself on your site again, playing some days when I had nothing better to do - then out of nowhere you just reban me? I literally did nothing wrong and broke no rules and you won't give me answers to why.... Explain this to me and unban me because it's pathetic what you're doing.

[dunfida]

Devans you dumb fucker



You unbanned me a few months ago and I was enjoying myself on your site again, playing some days when I had nothing better to do - then out of nowhere you just reban me? I literally did nothing wrong and broke no rules and you won't give me answers to why.... Explain this to me and unban me because it's pathetic what you're doing.

Bans usually comes with reason and he wont really be making such decision if you havent done something so the best thing to do is to contact him on his forum account directly rather than on whining on this ANN thread,.

Cursing on here wont really make much difference.Why not create new account?

[UnbanPerplex21]

Devans you dumb fucker



You unbanned me a few months ago and I was enjoying myself on your site again, playing some days when I had nothing better to do - then out of nowhere you just reban me? I literally did nothing wrong and broke no rules and you won't give me answers to why.... Explain this to me and unban me because it's pathetic what you're doing.

Bans usually comes with reason and he wont really be making such decision if you havent done something so the best thing to do is to contact him on his forum account directly rather than on whining on this ANN thread,.

Cursing on here wont really make much difference.Why not create new account?

I'm IP AND software banned and he also blocked my emails and wont respond anywhere.

[devans]

See my previous posts, which I believe were quite clear:

Assuming the name of your bustabit.com account is also Perplex005, I disabled betting for your account because I think that you have a gambling problem, which I explained to you several times. Obviously I can't stop you from gambling entirely, but given the things you have told me I don't think you should be gambling on bustabit or anywhere else. I will not change my mind regardless of how many times you complain about it.

I will not go into more detail as I cannot verify that this is indeed your bustabit account and also do not publicly discuss support requests and emails that users sent me in confidence in general.

You may not bet or chat on bustabit or bustadice because it is clear to me that you have a gambling problem. Based on your posts in this forum alone I am confident any reasonable person would agree with that assessment, not to mention your behavior via chat and email. I will not reconsider my decision–which I have explained to you at length multiple times–and I will no longer respond to your emails and support requests demanding to be allowed to bet again.

However, your ability to withdraw your money is not and never has been restricted. So once again: Please withdraw any remaining balance you may have and refrain from using bustabit.

You are not welcome on bustabit and I'd appreciate if you could stop spamming this thread with the same pointless complaint over and over again.

[UnbanPerplex21]

See my previous posts, which I believe were quite clear:

Assuming the name of your bustabit.com account is also Perplex005, I disabled betting for your account because I think that you have a gambling problem, which I explained to you several times. Obviously I can't stop you from gambling entirely, but given the things you have told me I don't think you should be gambling on bustabit or anywhere else. I will not change my mind regardless of how many times you complain about it.

I will not go into more detail as I cannot verify that this is indeed your bustabit account and also do not publicly discuss support requests and emails that users sent me in confidence in general.

You may not bet or chat on bustabit or bustadice because it is clear to me that you have a gambling problem. Based on your posts in this forum alone I am confident any reasonable person would agree with that assessment, not to mention your behavior via chat and email. I will not reconsider my decision–which I have explained to you at length multiple times–and I will no longer respond to your emails and support requests demanding to be allowed to bet again.

However, your ability to withdraw your money is not and never has been restricted. So once again: Please withdraw any remaining balance you may have and refrain from using bustabit.

You are not welcome on bustabit and I'd appreciate if you could stop spamming this thread with the same pointless complaint over and over again.

Do you want to explain why I am banned and blocked? You haven't explained it all all you fucking retard

[devans]

(…) I disabled betting for your account because I think that you have a gambling problem (…)

You may not bet or chat on bustabit or bustadice because it is clear to me that you have a gambling problem.

[oryeger]

Anyone knows what is APY from bankroll investing after the change to the commission  ?

[RHavar]

Anyone knows what is APY from bankroll investing after the change to the commission  ?

You can piece it together from https://dicesites.com/bustabit

Hard to predict exactly, but I divested most of my funds, as the returns were pretty low (and put some more in bustadice which had higher returns).


Although there can still be some potential. Like on 2022-1-1 I invested 1.03 BTC into the bankroll (all I had in my account at the time) as a whale was playing and was just annihilating the site. Whales often have a tendency to keep gambling until the odds catch up with them,  and now, a week later, that 1.03 BTC is worth 1.16 BTC. But that's no where near typical returns, and was really just because I was lucky and timed the investment after the whale had won so much money under the assumption that he'd probably return his winnings back into the site.

But yeah, bustabit investing is nothing like the early days

[oryeger]

Anyone knows what is APY from bankroll investing after the change to the commission  ?

You can piece it together from https://dicesites.com/bustabit

Hard to predict exactly, but I divested most of my funds, as the returns were pretty low (and put some more in bustadice which had higher returns).


Although there can still be some potential. Like on 2022-1-1 I invested 1.03 BTC into the bankroll (all I had in my account at the time) as a whale was playing and was just annihilating the site. Whales often have a tendency to keep gambling until the odds catch up with them,  and now, a week later, that 1.03 BTC is worth 1.16 BTC. But that's no where near typical returns, and was really just because I was lucky and timed the investment after the whale had won so much money under the assumption that he'd probably return his winnings back into the site.

But yeah, bustabit investing is nothing like the early days

I looked at the above website but couldn`t find a way to extract the data collected. (edit: in second thought I can view the source of the site and copy the data._
also tried looking at https://www.bustabit.com/bankroll_stats.csv, that data is missing the bankroll at the time, but I guess it chnages live every roll so it's hard to give one number. it it fair to say it's low single digits return nowadays?

kinda hard to find a way to park your btc today. is bustadice higher return because of the different bankroll and EV compared to bustabit?

another question - from the .csv data looks like sometimes commission it taken from negative profit days. is it a mistake?

[devans]

Estimating the bankroll's rate of return is difficult because of how many variables there are, but I'll give it a shot:

In 2021, bustabit saw 27,398,415 XDR in gross gaming revenue and the bankroll's current size is 39,339,068 XDR. Let's assume that the gross gaming revenue will be the same going forwards and let's also assume that the commission rate will stay the same at its current 80.9%. Further assuming there are no investments or divestments, that represents an estimated return of 5,233,097 XDR or 13.3% for bustabit's bankroll in 2022.

In reality, players won't win/lose exactly the same amount they did in the past, the commission rate will continue to change with the size of the bankroll and Bitcoin's price and investors will add to and remove from the bankroll. These things are difficult to model, though, and require more assumptions of their own.

For bustadice it's even more difficult because its revenue is less consistent and the bankroll is still recovering from a loss in early 2021. Using the same methodology as above I arrive at an estimated rate of return of only 0.3% per year. In reality, its average annual revenue is larger than it was in 2021 and the bankroll will probably decrease in size once it reaches its all-time high profit again and it starts paying the commission again.

another question - from the .csv data looks like sometimes commission it taken from negative profit days. is it a mistake?

The commission is taken in real time whenever the bankroll's profit reaches a new ATH, so that can happen when players lose enough to generate a commission for bustabit and then win it back on the same day.

[Timetwister]

Estimating the bankroll's rate of return is difficult because of how many variables there are, but I'll give it a shot:

In 2021, bustabit saw 27,398,415 XDR in gross gaming revenue and the bankroll's current size is 39,339,068 XDR. Let's assume that the gross gaming revenue will be the same going forwards and let's also assume that the commission rate will stay the same at its current 80.9%. Further assuming there are no investments or divestments, that represents an estimated return of 5,233,097 XDR or 13.3% for bustabit's bankroll in 2022.

In reality, players won't win/lose exactly the same amount they did in the past, the commission rate will continue to change with the size of the bankroll and Bitcoin's price and investors will add to and remove from the bankroll. These things are difficult to model, though, and require more assumptions of their own.

For bustadice it's even more difficult because its revenue is less consistent and the bankroll is still recovering from a loss in early 2021. Using the same methodology as above I arrive at an estimated rate of return of only 0.3% per year. In reality, its average annual revenue is larger than it was in 2021 and the bankroll will probably decrease in size once it reaches its all-time high profit again and it starts paying the commission again.

Where can I see Bustadice's daily wagered history? Something like https://www.bustabit.com/bankroll_stats.csv for Bustadice.

What would happen to these websites if for some reason you couldn't work on them anymore?

[RHavar]

Where can I see Bustadice's daily wagered history? Something like https://www.bustabit.com/bankroll_stats.csv for Bustadice.

You mean: https://bustadice.com/bankroll_stats.csv ?

@Daniel on a side note, it'd be kinda nice to have a .html version (e.g. a formatted table) of those stats, right now the .csv is hard to read unless you import it into a spreadsheet

[Timetwister]

Where can I see Bustadice's daily wagered history? Something like https://www.bustabit.com/bankroll_stats.csv for Bustadice.

You mean: https://bustadice.com/bankroll_stats.csv ?

@Daniel on a side note, it'd be kinda nice to have a .html version (e.g. a formatted table) of those stats, right now the .csv is hard to read unless you import it into a spreadsheet

Exactly. I guess the formula to calculate fees is the same. btcxdr_360d_average*current BTC/55000000

[devans]

Exactly. I guess the formula to calculate fees is the same. btcxdr_360d_average*current BTC/55000000

For bustadice the factor is 80,000,000 instead of 55,000,000, but apart from that it is the same.

[Timetwister]

Exactly. I guess the formula to calculate fees is the same. btcxdr_360d_average*current BTC/55000000

For bustadice the factor is 80,000,000 instead of 55,000,000, but apart from that it is the same.

What would happen to these websites if you weren't able to operate them anymore?

[devans]

That depends on why I'm not able to operate them anymore, but I assume you're thinking about a bus-type situation. I've taken precautions to ensure that even in the worst case at a minimum bustabit can be wound down cleanly. I can't promise that bustabit and bustadice continue operating without me, but everyone including bankroll investors would be able to safely withdraw.