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Author Topic: Bitcoinduit - Long Bets  (Read 1187 times)
CJYP (OP)
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August 16, 2011, 05:58:02 AM
Last edit: August 25, 2011, 04:12:29 AM by CJYP
 #1

I have started a round on Bitcoinduit. This should last a long time because of the rules:
http://bitcoinduit.com/game/viewRound.php?id=Long_bets
EDIT: I have started a round on BitCatch that is identical in every way except that it only lasts 24 hours, and the jackpot is 30%:
http://bitcat.ch/rounds/21
EXPIRED

ROI: 20%
Jackpot: 15%
Minimum Deposit: 0.1 BTC
Maximum Deposit: 2.0 BTC

Low fees and high jackpot, with a large range of options.

Current Bitcoinduit Jackpot: 0.99 - multiply your bet of 0.1 by 10 or double your bet of 0.5
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CJYP (OP)
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August 16, 2011, 03:52:54 PM
 #2

The jackpot is now at almost .75 BTC. You can try to claim it with a bet of 0.1, and even if you don't, you're very likely to be repaid. This game should go on for a while.
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August 17, 2011, 02:05:29 AM
 #3

Jackpot is now .84!
A bet of 0.1 has a chance of multiplying itself by 8! (you'd almost not want to win the 1.2x)
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August 21, 2011, 03:46:36 AM
 #4

A bet of 0.1 will now almost 10x itself if it's the last bet!
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August 22, 2011, 04:23:33 AM
 #5

NEW - I started an almost identical round on Bitcatch!
http://bitcat.ch/rounds/21
Jonathan Ryan Owens
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August 22, 2011, 06:56:43 AM
 #6

Traitor Tongue

-Jon

CJYP (OP)
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August 22, 2011, 09:55:28 PM
 #7

Traitor Tongue

-Jon
Cheesy If I were a traitor, i would have dropped the Bitcoinduit round from the thread completely! Plus, the BitCatch round will expire much faster than the Bitcoinduit round because it only lasts 24 hrs.
And BitCatch has the option of jackpots of up to 30% (which Bitcoinduit didn't have when I set up Long bets, I don't know if it has it now), which is why 3 deposits are enough to make the jackpot larger than any bet you can make.
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August 22, 2011, 10:28:03 PM
 #8

Traitor Tongue

-Jon
Cheesy If I were a traitor, i would have dropped the Bitcoinduit round from the thread completely! Plus, the BitCatch round will expire much faster than the Bitcoinduit round because it only lasts 24 hrs.
And BitCatch has the option of jackpots of up to 30% (which Bitcoinduit didn't have when I set up Long bets, I don't know if it has it now), which is why 3 deposits are enough to make the jackpot larger than any bet you can make.

I was playing around. FYI 30% Jackpots have been available before bitcat.ch hosted games went live Smiley - or for around 36 hours now.

Regards,
Jonathan

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August 23, 2011, 01:41:08 AM
 #9

Traitor Tongue

-Jon
Cheesy If I were a traitor, i would have dropped the Bitcoinduit round from the thread completely! Plus, the BitCatch round will expire much faster than the Bitcoinduit round because it only lasts 24 hrs.
And BitCatch has the option of jackpots of up to 30% (which Bitcoinduit didn't have when I set up Long bets, I don't know if it has it now), which is why 3 deposits are enough to make the jackpot larger than any bet you can make.

I was playing around. FYI 30% Jackpots have been available before bitcat.ch hosted games went live Smiley - or for around 36 hours now.

Regards,
Jonathan
I know you're playing around.
And I suspected that the jackpots had been raised when I saw that someone had 16% jackpot, but it was capped at 15% when I made Long Bets.

BTW, 1Dj5N is set to win almost a whole bitcoin for his bet of 0.1 in 42 hrs on Bitcoinduit, and on BitCatch 14D9u is set to get back 1.8 BTC in less than 3 hrs.
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August 25, 2011, 04:09:09 AM
 #10

Bitcat.ch round expired, and I don't intend to start another round.
You get the host fees, but you don't get any of the pot at all when you host a game there. I profited a total of 0.063 from the bitcat.ch round, while they profited at least 2.0.
1E2Cs... was the lucky winner of a pot of 1.89. That's nice, if you ask me. He/she won almost 19x what he/she bet!

Bitcoinduit is still going strong. The next bet, whatever the size, will push the jackpot above 1.0.
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August 25, 2011, 04:14:39 AM
 #11

Bitcat.ch round expired, and I don't intend to start another round.
You get the host fees, but you don't get any of the pot at all when you host a game there. I profited a total of 0.063 from the bitcat.ch round, while they profited at least 2.0.
1E2Cs... was the lucky winner of a pot of 1.89. That's nice, if you ask me. He/she won almost 19x what he/she bet!

Bitcoinduit is still going strong. The next bet, whatever the size, will push the jackpot above 1.0.

I was wondering about that. May it's an oversight, or he didn't realize that Bitcoinduit does it that way, so he left it out as a feature?

At least on Bitcoinduit, the 50% of the pot that doesn't go to you helps out Wikileaks.

Regards,
Jonathan

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