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Author Topic: 🌟 🌟 🌟 Satoshiround.com on sale LAST PRICE 0,5 BTC 🌟 🌟 🌟  (Read 582 times)
Round99 (OP)
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May 09, 2018, 05:11:26 PM
Last edit: November 14, 2018, 08:29:30 AM by Round99
 #1

.
Dear players, Satoshiround is pleased to present our new game, totally on-chain and totally fair
.
.
BTC & BCH - On-chain game | On-chain Provably Fair
.

SATOSHIROUND game (and website) is on-sale for 0,7 BTC. Info at satoshiround@gmail.com

How to play
1. Choose the currency you prefer between Bitcoin BTC and Bitcoin Cash BCH
2. Listen to the spirits, focus your mind and choose: odd or even?
3. Send BTC or BCH (an amount between the minimum and the maximum allowed) to the corresponding address
4. Wait until your transaction is included in the first block, last character of that block will determine the result of your bet

How it works
. Each Bitcoin or Bitcoin cash block is essentially a hash in hexadecimal format, this means that the last character (the one that determines the outcome of the bet) can be: 0 1 2 3 4 5 6 7 8 9 a b c d e f
. You can bet that the last character of the block that first includes your transaction is ODD (1 3 5 7 9 = 31.25%) or EVEN (0 2 4 6 8 = 31.25%)
. If you guess, you win your bet multiplied x 3. If a letter comes out, the house wins.

Next Goals
1. Lower the house edge| MAY 08 UPDATE: HOUSE EDGE LOWERED, NEW PAYOUT: BET X 3 for both BTC and BCH
2. Increase the maximum bet limits (NOW 0.002 for BTC and BCH)
3. Improve user experience: send us your advice!

Provably Fair
1. The outcome of each bet is determined by the last character of the block that includes your transaction, so nobody can cheat
2. You can check the outcome of your bet from any existing blockchain explorer, the result will be the same and will remain written in the blockchain forever
3. The bet is verified with at least 2 confirmations. You can see in real time if you won

Have fun and good luck!
panjul07
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May 09, 2018, 07:12:02 PM
 #2

this is a very classic game. I used to play gambling first. memilh ODD or EVEN is a gambling that I really enjoy. draft became my favorite place to gamble .. my jatar this will be a success. and if you have a good reputation, I might stop there

Nice google translate!
Check the outcome of the google translate first before posting it anywhere.

Back to topic, how much is the house edge of this game? Sorry to ask as I'm not so good in math to calculate it, but it seems that it has higher house edge than the other odd even game type.

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...Next Generation Crypto Casino...
MChain
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May 09, 2018, 07:44:27 PM
 #3

House edge is redonkulous
Odd numbers: 1 3 5 7 9 | Even numbers: 0 2 4 6 8 | House wins with: a b c d e f

You're not going to find many players with 33% edge, mate

/
Round99 (OP)
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May 09, 2018, 08:02:43 PM
 #4

House edge is redonkulous
Odd numbers: 1 3 5 7 9 | Even numbers: 0 2 4 6 8 | House wins with: a b c d e f
You're not going to find many players with 33% edge, mate
First goal in our todo list is to lower the house edge.
Remember that the odds of winning are almost 1 in 3 and bets are paid with a multiplier of X 2.5, then 0.002 BTC is paid 0.005 BTC.
Another fundamental thing is security, the outcome is fair 101% because the blockchain guarantees that nobody can alter it, no client-seed, no server-seed, no manipulation.  Wink
Enjoy
MChain
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May 09, 2018, 08:20:00 PM
 #5

House edge is redonkulous
Odd numbers: 1 3 5 7 9 | Even numbers: 0 2 4 6 8 | House wins with: a b c d e f
You're not going to find many players with 33% edge, mate
First goal in our todo list is to lower the house edge.
Remember that the odds of winning are almost 1 in 3 and bets are paid with a multiplier of X 2.5, then 0.002 BTC is paid 0.005 BTC.
Another fundamental thing is security, the outcome is fair 101% because the blockchain guarantees that nobody can alter it, no client-seed, no server-seed, no manipulation.  Wink
Enjoy

Not doubting fairness of your outcomes. Its just the edge is too high. Your game is analogous to casinos roulette when betting on red or black except with roulette you have 47.4% chance of winning while here there's only 31.5% chance of winning. Sure the payment is slightly larger (x2.5 vs x2) but it doesn't compensate enough for a higher edge.
Raise winners multiplier up to x3 (you would still have an edge) and you'd have a chance to get your site going on here. Still not sure about that since there are plenty of places for gamblers to play

/
stomachgrowls
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May 09, 2018, 08:20:42 PM
 #6

this is a very classic game. I used to play gambling first. memilh ODD or EVEN is a gambling that I really enjoy. draft became my favorite place to gamble .. my jatar this will be a success. and if you have a good reputation, I might stop there

Nice google translate!
Check the outcome of the google translate first before posting it anywhere.

Back to topic, how much is the house edge of this game? Sorry to ask as I'm not so good in math to calculate it, but it seems that it has higher house edge than the other odd even game type.
Gonna suppose to say the same thing which its clearly a google translated reply.  Cheesy

When it comes to odds i have seen this one Almost 1 on 3 chance of winning (31.25 %)  where if it would be calculated HE would be on 6.25% which is really high.
Round99 (OP)
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May 09, 2018, 09:09:17 PM
 #7

The house edge is the percentage that statistically the house holds for itself on X bets, it is not directly related to a good game or a bad game.
We can throw a die 1000 times and the result could always be 6, can I explain?
If we consider the house edge of national lotteries compared to the chances of winning, we have more chances to throw a coin into a well and express the desire to become millionaires  Wink
In this case there are about 1 on 3 chance of winning with a payout multiplied by 2.5 times the bet and a 100% safe system.
We think it's a good game, moreover, we will do our best to raise the multiplier, lower the house edge and improve user experience.
leowonderful
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May 09, 2018, 09:30:49 PM
 #8

Why are you comparing yourself to national lotteries when your main competitors here are going to be other number-based gambling sites that have lower house edges and thus get more traffic and plays than your site? It's great that you think your game is great and I respect that, but the fact remains that there's not much that differentiates similar number-gambling sites besides house edge, and an edge of 6.25% isn't exactly attractive for gamblers. You're just not competitive compared to other sites that have house edges of ~1% or less.
DarkStar_
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May 09, 2018, 09:50:17 PM
 #9

this is a very classic game. I used to play gambling first. memilh ODD or EVEN is a gambling that I really enjoy. draft became my favorite place to gamble .. my jatar this will be a success. and if you have a good reputation, I might stop there

Nice google translate!
Check the outcome of the google translate first before posting it anywhere.

Back to topic, how much is the house edge of this game? Sorry to ask as I'm not so good in math to calculate it, but it seems that it has higher house edge than the other odd even game type.
Gonna suppose to say the same thing which its clearly a google translated reply.  Cheesy

When it comes to odds i have seen this one Almost 1 on 3 chance of winning (31.25 %)  where if it would be calculated HE would be on 6.25% which is really high.

Your house edge calculation is off. The correct calculation is (5/16)*1.5+(11/16)*-1, which yields an edge of 21.875%! That's 21 times greater than most dice games. The house edge on most lotteries is around 50%, but like leowonderful said, you aren't competing with them.

Also, "provably fair 101%" is inaccurate, or misleading at best. Theoretically, a pool/miner could choose to discard a block for whatever reason, and this would have made your bet unfair due to a different outcome being reached. You cannot prove that you weren't cheated by a miner, so the statement is somewhat misleading. While they would have no reason to discard a block at the moment, it's still a possibility.

taking a break - expect delayed responses
Round99 (OP)
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May 09, 2018, 09:53:20 PM
 #10

I did not compare our site to the national lottery, I just gave an example of the odds compared to risk, 1 chance against million, but millions of people played there ... simply because they like it, even against all the odds of winning.
In addition, on-chain games of this kind do not have a 1% HE, only casinos and big off-chain dice games - with deposit - have similar percentages.
The most similar game I know has an HE higher than 35%, but many players like it and use it.
I do not want to convince you, the data is objective, I just want to present our game in the right way possible.
Enjoy Wink
Round99 (OP)
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May 09, 2018, 10:01:44 PM
 #11

Also, "provably fair 101%" is inaccurate, or misleading at best. Theoretically, a pool/miner could choose to discard a block for whatever reason, and this would have made your bet unfair due to a different outcome being reached. You cannot prove that you weren't cheated by a miner, so the statement is somewhat misleading. While they would have no reason to discard a block at the moment, it's still a possibility.
Are you telling us that a miner would discard a block and its reward to cheat and steal at most 0.005 BTC?
Furthermore, without the certainty of being able to mine the next block and include the bet?
It makes no sense, think about it.  Wink
DarkStar_
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May 09, 2018, 10:07:54 PM
 #12

The most similar game I know has an HE higher than 35%, but some players like it and use it.

Chain-Bet has had a volume under 0.5BTC in the past month and a half. While they have a 37.5% edge, with such little volume, they could hurt more from variance.

In addition, on-chain games of this kind do not have a 1% HE, only casinos and big off-chain dice games - with deposit - have similar percentages.

LuckyBit has an edge below 3%, although they do seem to be inactive with development and paying extremely high transaction fees. With a higher fee environment, that's understandable, but as of right now, 1 sat/byte puts you into the next block (only 0.761 MB of transactions paying 1sat/byte or higher in the mempool right now) on the BTC network, and no one uses BCH, so it's even cheaper (literally 26 Kb of transactions in the BCH mempool).

Also, "provably fair 101%" is inaccurate, or misleading at best. Theoretically, a pool/miner could choose to discard a block for whatever reason, and this would have made your bet unfair due to a different outcome being reached. You cannot prove that you weren't cheated by a miner, so the statement is somewhat misleading. While they would have no reason to discard a block at the moment, it's still a possibility.
Are you telling us that a miner would discard a block and its reward to cheat and steal at most 0.005 BTC?
Furthermore, without the certainty of being able to mine the next block and include the bet?
It makes no sense, think about it.  Wink

No, I do agree that it's highly illogical. However:
Quote
Provably fair is a tool that enables you (the player) to verify each roll result and make sure you are not being cheated!

Theoretically, you cannot verify whether a block was discarded or not, therefore the player cannot verify it. Hence, "misleading"; the player cannot prove that a miner didn't cheat. Calling it normal provably fair (imo) would be fine, but saying that it's better than ("101%") is misleading.

taking a break - expect delayed responses
Round99 (OP)
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May 09, 2018, 10:20:30 PM
 #13

DarkStar_ I love talking to a pro user like you Wink
Theoretically, if a miner finds a block and eliminates it (losing the reward) the transactions will be confirmed in one of the following blocks, obviously with a different hash.
The point is: for players nothing changes, in the sense that the result will always be random, and certainly can not be driven by us.
This makes it a safe system for those who bet much more than systems that are normally passed off as "100% safe" ie the server-seed and client-seed. No one changes the client-seed at every bet, unfortunately.
In addition, I repeat, discard a block to compromise the result is totally uneconomical, therefore has no reason to exist this possibility.
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May 09, 2018, 11:07:40 PM
 #14

This makes it a safe system for those who bet much more than systems that are normally passed off as "100% safe" ie the server-seed and client-seed. No one changes the client-seed at every bet, unfortunately.

Which is why you use a nonce based system. You generate a server seed, ask the client for a client seed, and use those plus a nonce. Every result is predetermined, and this ensures that the house cannot cheat without detection, even if the client seed is not changed.

DarkStar_ I love talking to a pro user like you Wink
Theoretically, if a miner finds a block and eliminates it (losing the reward) the transactions will be confirmed in one of the following blocks, obviously with a different hash.
The point is: for players nothing changes, in the sense that the result will always be random, and certainly can not be driven by us.
In addition, I repeat, discard a block to compromise the result is totally uneconomical, therefore has no reason to exist this possibility.

I do agree with this, however it is not provable. (which is the whole point of the misleading/inaccurate claim)

taking a break - expect delayed responses
mostkey
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May 10, 2018, 06:33:44 AM
 #15

this is a very classic game. I used to play gambling first. memilh ODD or EVEN is a gambling that I really enjoy. draft became my favorite place to gamble .. my jatar this will be a success. and if you have a good reputation, I might stop there

Nice google translate!
Check the outcome of the google translate first before posting it anywhere.
 
I was pretty tired yesterday. so i use google translate part
Sorry
Back to topic, how much is the house edge of this game? Sorry to ask as I'm not so good in math to calculate it, but it seems that it has higher house edge than the other odd even game type.
if we look at it, it looks like the edge of the house is fair enough,
First goal in our todo list is to lower the house edge.
Remember that the odds of winning are almost 1 in 3 and bets are paid with a multiplier of X 2.5, then 0.002 BTC is paid 0.005 BTC.
Another fundamental thing is security, the outcome is fair 101% because the blockchain guarantees that nobody can alter it, no client-seed, no server-seed, no manipulation.  Wink
Enjoy
I have not dared to try to gamble here, maybe wait for the incoming feedback before trying it
adaseb
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May 10, 2018, 07:21:25 AM
 #16

I didn't really think people actually played games with a house edge so big. It really makes no sense.

You can just go on any dice site and play a very similiar odd/even game based on 50/50. Your edge would be 1%.

It seems that the only people who would use such a service would be to maybe mix some coins. Or if they had bad English and didn't understand the description or are bad at math.
Round99 (OP)
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May 10, 2018, 07:39:10 AM
 #17

Which is why you use a nonce based system. You generate a server seed, ask the client for a client seed, and use those plus a nonce. Every result is predetermined, and this ensures that the house cannot cheat without detection, even if the client seed is not changed.
Dear friend, the "nonce: server_seed: client_seed" system is safe in itself...BUT...the problem is that sometimes the way it is applied is not sure.
Seed hidden until clicking a button, autobetting with resetting the seed when you return to manual play, "copy" ad-hoc managed function, modification of some seed characters (which at first sight seem the same), etc.
I'm a programmer, there are a thousand ways to make dishonest a system that would be fair, if these are systems considered 100% fair, our system is 101%.
But I do not want to talk bad about casinos, most of them are honest and their HE is enough to keep them healthy;)

Returning to talk about our game: a (totally crazy) miner, could virtually discard the block that included his transaction which would have been non-winning, in this way he will modify the entire result, it is true but for all other bets/players the next block would still offer a random result.
It does not change anything for anyone except for the miner (which has lost the intere reward for which it worked, without the certainty of winning the next block  Cheesy), do you understand?
Ask me to think of a number from 1 to 16, I know perfectly what number I will tell you, but you do not know, so for you the result is still random.
There is nothing misleading, so I ask you the courtesy to return to the topic, we are launching a new game here and I believe that we have dwelt enough on the "101%"  Wink
Round99 (OP)
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May 10, 2018, 07:46:02 AM
 #18

Dear adaseb, there are people who love dice, others who prefer roulette, others slot machines, etc. This is a different game, some love on-chain games and the fact that they are based exclusively on the blockchain with its charm.
Why do you care so much as the house wins if you have 1 chance in 3 to win your bet multiplied by 2.5?
If you like the game, play. If you do not like it, you can do something else. I believe that the concept of "house edge" to date is not yet clear to many.
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May 10, 2018, 07:48:57 AM
 #19

The house edge is the percentage that statistically the house holds for itself on X bets, it is not directly related to a good game or a bad game.
Saying the house edge is not related to a good or bad game doesn't make any sense. That's like saying chances, odds and coincidence have nothing to do with a game being either good or bad, but it's all up to "the spirits".

Quote
We can throw a die 1000 times and the result could always be 6
No, you can't! It's not only improbable, it's impossible. It's much more likely to just guess all private keys.
When you're running a casino, you should get your numbers straight. You know this isn't possible, so don't claim it. Unless you don't know it's impossible, in which case you shouldn't be in the casino business.

I'm a programmer ~, our system is 101%.
This simply doesn't make any sense.

Why do you care so much as the house wins if you have 1 chance in 3 to win your bet multiplied by 2.5?
Are you seriously asking why players care about the odds they're given?

Quote
I believe that the concept of "house edge" to date is not yet clear to many.
Although that's true, it's also all the more reason to warn people against games with a high edge.

¡uʍop ǝpᴉsdn pɐǝɥ ɹnoʎ ɥʇᴉʍ ʎuunɟ ʞool no⅄
Round99 (OP)
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May 10, 2018, 08:10:09 AM
 #20

The house edge is the percentage that statistically the house holds for itself on X bets, it is not directly related to a good game or a bad game.
Saying the house edge is not related to a good or bad game doesn't make any sense. That's like saying chances, odds and coincidence have nothing to do with a game being either good or bad, but it's all up to "the spirits".

Quote
We can throw a die 1000 times and the result could always be 6
No, you can't! It's not only improbable, it's impossible. It's much more likely to just guess all private keys.
When you're running a casino, you should get your numbers straight. You know this isn't possible, so don't claim it. Unless you don't know it's impossible, in which case you shouldn't be in the casino business.

I'm a programmer ~, our system is 101%.
This simply doesn't make any sense.

Why do you care so much as the house wins if you have 1 chance in 3 to win your bet multiplied by 2.5?
Are you seriously asking why players care about the odds they're given?

Quote
I believe that the concept of "house edge" to date is not yet clear to many.
Although that's true, it's also all the more reason to warn people against games with a high edge.
You have decontextualized everything that I wrote to your advantage and you have used only some parts. This should not be done. The reality is that you're talking about things you do not know, and it's easy to understand it.
1. The "spirit" is just a fancy way of saying: choose odd or even based on what you feel.
2. If you know how statistics work, you know you can win many times consecutively or lose many consecutively. Without statistic limits.
3. I NEVER WROTE: "I'm a programmer ~, our system is 101%." I WROTE: "I'm a programmer, there are a thousand ways to make dishonest a system that would
be fair". Seriously, who do you think you're talking to?
4. Odds is not the same as house edge. If you do not understand this, avoid talking badly about what you do not know.
5. Imagine this situation: You play only once at our game and win. Are you still interested in the house edge?
6. If the house edge is so important at the end of the odds then I challenge you: go to the casino with the lowest existing house edge and play. You will surely become rich! But please!
I'm willing to talk about everything, but throwing mud on something without any motivation is not good for me.
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