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coinjedi (OP)
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May 17, 2012, 02:00:12 AM |
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Done! For future reference, we usually do the decision within 24 hours following the Event Date which is set at the end of the day you see. |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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BIGMERVE
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May 17, 2012, 04:02:16 AM |
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Done! For future reference, we usually do the decision within 24 hours following the Event Date which is set at the end of the day you see. Ah I see. Thanks. By the way this is my favorite bitcoin website. Really sleek design and fun to play with. I hope it gets more and more popular so the pots get larger. |
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Stephen Gornick
Legendary
 Offline
Activity: 2506
Merit: 1010
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May 17, 2012, 04:15:08 AM |
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By the way this is my favorite bitcoin website.
It really is a fantastic service, isn't it? I hope it gets more and more popular so the pots get larger.
Though I make mostly small wagers, I have many of them open currently. Instead of withdrawing winnings though, I find myself using those towards additional wagers. And because there are many new bets all the time, I am depositing more pretty regularly, so my "Balance in Bets" keeps growing: - http://betsofbitco.in/profileI wonder if that is typical use. |
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coinjedi (OP)
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May 17, 2012, 12:00:21 PM |
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By the way this is my favorite bitcoin website.
It really is a fantastic service, isn't it? I hope it gets more and more popular so the pots get larger.
I am glad you enjoy the site. |
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malevolent
can into space
Legendary
Offline
Activity: 3472
Merit: 1721
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May 20, 2012, 12:58:49 PM |
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WHO is behind BetsofBitco.in?
The layout of the site is very similar to moonco.in
indian domain
false whois info
private whois
anonymous hosting on sechelles
I have a feeling the same person is behind both websites.
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Signature space available for rent.
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coinjedi (OP)
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May 20, 2012, 11:09:05 PM |
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WHO is behind BetsofBitco.in?
The layout of the site is very similar to moonco.in
indian domain
false whois info
private whois
anonymous hosting on sechelles
I have a feeling the same person is behind both websites.
Well, obviously nothing we'll say will convince you, but for the record we have no relation to moonco.in. We have started before they disappeared and .in domains are popular in bitcoin community for obvious reasons. I think it is started by betco.in. |
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malevolent
can into space
Legendary
Offline
Activity: 3472
Merit: 1721
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May 21, 2012, 06:59:54 AM |
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Care to reveal your identity then? Or in any way prove that people can trust you with their money? I think saying 'the site is running already for several months with success' doesn't prove anything if you look at Moonco.in, MyBitcoin, Bicoin7 and others. |
Signature space available for rent.
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coinjedi (OP)
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May 22, 2012, 12:58:15 PM |
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Care to reveal your identity then? Or in any way prove that people can trust you with their money? I think saying 'the site is running already for several months with success' doesn't prove anything if you look at Moonco.in, MyBitcoin, Bicoin7 and others.
We wish to remain anonymous at this time. |
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coinjedi (OP)
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May 22, 2012, 01:10:34 PM |
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Are prediction betting/prediction markets gambling anymore than the stock market investing? I think it is controversial. But in any case I've posted this on both forums and the gambling forum thread didn't take off, I think the gambling community decided that it is not in their interest. I'll keep this bet open because the bet is on the total May ratings which is not available yet. The news is based on the third week of May data, not the whole month. |
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Sukrim
Legendary
Offline
Activity: 2618
Merit: 1006
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May 27, 2012, 08:29:55 AM |
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http://betsofbitco.in/item?id=333 is basically decided, as difficulty will be the same as now on block 182000 - False wins. One of the few bets so far that I've seen where the majority did not predict correctly. Are there some stats on that by the way (how often there was an exact tie and how often the majority was right/wrong)?
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Stephen Gornick
Legendary
Offline
Activity: 2506
Merit: 1010
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May 28, 2012, 01:20:36 AM
Last edit: May 28, 2012, 04:04:23 AM by Stephen Gornick |
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Heh. Ok, I must have been thinking "more than 24 hours" and typed "never". Either way, isn't that too loose? This is a wallet where I have money, right?
I really like to be able to stay logged in at various sites, so I feel like that is a good default behaviour. Wallet operations (withdrawals and address changes) require your password anyway. If you are at an untrusted computer you can always logout manually. Also there can be extensions for your browser of your choice that manages site authentications according to your taste (For example HTTP Logout for Firefox). Isn't my account easily vulnerable to a man-in-the-middle attack without SSL (HTTPS) being required? I know that the withdrawal will require a password and that page is only SSL, but wouldn't an attacker that sniffs and sees my session id be able to then submit wagers using my balance? That would seem to be an odd attack, but it could be used to juice up the payout for the attacker by getting a higher level of wagers on the losing side. |
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coinjedi (OP)
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May 28, 2012, 03:34:01 AM |
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As in any other variation parimutuel/pooled betting system there is no way to know the exact returns until the bets are closed. Have you seen the example distribution on our help page? |
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coinjedi (OP)
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May 28, 2012, 03:38:43 AM |
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Isn't my account easily vulnerable to a man-in-the-middle attack without SSL (HTTPS) being required?
I know that the withdrawal will require a password and that page is only SSL, but wouldn't an attacker that sniffs and sees my session id able to then able to submit wagers using my balance? That would seem to be an odd attack, but it could be used to juice up the payout for the attacker by getting a higher level of wagers on the losing side.
I've found that enforcing https for everything reduces the performance as things are not always cached properly. Requiring password for betting is also a nuisance. Either option would disrupt the user experience. Also as you have mentioned, unless the men-in-the-middle does not want to annoy you, he does not have an incentive for placing random bets. But if there is a demand from many users we can implement one the solutions. |
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rjk
Sr. Member
Offline
Activity: 448
Merit: 250
1ngldh
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May 28, 2012, 03:41:05 AM |
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Isn't my account easily vulnerable to a man-in-the-middle attack without SSL (HTTPS) being required?
I know that the withdrawal will require a password and that page is only SSL, but wouldn't an attacker that sniffs and sees my session id able to then able to submit wagers using my balance? That would seem to be an odd attack, but it could be used to juice up the payout for the attacker by getting a higher level of wagers on the losing side.
I've found that enforcing https for everything reduces the performance as things are not always cached properly. Requiring password for betting is also a nuisance. Either option would disrupt the user experience. Also as you have mentioned, unless the men-in-the-middle does not want to annoy you, he does not have an incentive for placing random bets. But if there is a demand from many users we can implement one the solutions. I think a good compromise would be to have a user-selectable option to enable or disable always-on SSL connections. That way, even if we ignore the session hijacking idea, it would also prevent simple sniffing and seeing whether and how a person is betting. |
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Sukrim
Legendary
Offline
Activity: 2618
Merit: 1006
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May 28, 2012, 11:33:15 AM |
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If you are the last one to bet on this right now (weight 3856.60) you'd get 1.35157500 BTC (of which 1 BTC is your amount bet you're getting back). I wrote a spreadsheet for private use that polls this data for my bets, so it should be quite correct... Of course this can change still quite a bit over time, depending on other bets on each side. |
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TheBitMan
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May 28, 2012, 01:19:56 PM |
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If you are the last one to bet on this right now (weight 3856.60) you'd get 1.35157500 BTC (of which 1 BTC is your amount bet you're getting back). I wrote a spreadsheet for private use that polls this data for my bets, so it should be quite correct... Of course this can change still quite a bit over time, depending on other bets on each side. thanks |
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giszmo
Legendary
Offline
Activity: 1862
Merit: 1105
WalletScrutiny.com
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May 29, 2012, 01:53:45 AM |
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Great site. My bet doesn't work as expected though. I want to create a bet with event date August 1st and betting deadline June 15th. Why doesn't it let me do that? I get some disappearing change-month-buttons on the deadline when I pick the event date so the earliest deadline I can define is July 4th. Huh? If there is any rule, why not allow me to pick any date but show an error explaining what's wrong for dates that are off limit? Though I make mostly small wagers, I have many of them open currently. Instead of withdrawing winnings though, I find myself using those towards additional wagers. And because there are many new bets all the time, I am depositing more pretty regularly, so my "Balance in Bets" keeps growing: - http://betsofbitco.in/profileI wonder if that is typical use. Haha  It is all over in all gambling sites I guess. Money you won is money you are "allowed" to loose without a bad conscience. |
| ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology)
WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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