romero121
Legendary
Offline
Activity: 3024
Merit: 1214
Vave.com - Crypto Casino
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February 26, 2019, 05:27:00 PM |
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How this gonna profiting is a myth, because the winning probability is less. Another thing they won't conduct the game until it gets at least half the participant. Without that it is completely a non profitable for Op. Such concepts have existed in the past, but none have been executed as scheduled.
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seoincorporation
Legendary
Offline
Activity: 3332
Merit: 3115
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February 26, 2019, 06:30:06 PM |
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How is the winner selected?
This is the situation when the blockchain technology is used. It helps to select the winner among the game participants while providing 100% transparency and accuracy. The point is that right now millions of computers around the world are solving math problems to support the work of the Bitcoin network. This process is called mining and its goal is the hash selection. When there are no free game squares left, we simply take the last three digits of the hash line and select the winner. If your square number matches it, then you get 1 Bitcoin. So, you will not give the price unless all the squares are sold? that's not fair at all How much shall I pay for the participation in the game?
The cost of one square is 0.005 Bitcoins. You can buy any number of squares and increase your chances of winning. So, you earn 4 bitcoin while you give 1, nice scam bro! House edge 400% What can i say, you are a genious!
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milewilda
Legendary
Offline
Activity: 3290
Merit: 1156
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February 26, 2019, 06:35:37 PM |
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How is the winner selected?
This is the situation when the blockchain technology is used. It helps to select the winner among the game participants while providing 100% transparency and accuracy. The point is that right now millions of computers around the world are solving math problems to support the work of the Bitcoin network. This process is called mining and its goal is the hash selection. When there are no free game squares left, we simply take the last three digits of the hash line and select the winner. If your square number matches it, then you get 1 Bitcoin. So, you will not give the price unless all the squares are sold? that's not fair at all Most probably the case since there would be no selection of winner as long those 1000 boxes wont filled up. How much shall I pay for the participation in the game?
The cost of one square is 0.005 Bitcoins. You can buy any number of squares and increase your chances of winning. So, you earn 4 bitcoin while you give 1, nice scam bro! House edge 400% What can i say, you are a genious! Was supposed to say the same thing. 0.005 per ticket x 1000 boxes = 5 btc - 1 BTC prize for the winner. He do have 4btc left. What a nasty easy profits. lol
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sufferer123
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February 26, 2019, 07:06:24 PM |
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The owner of the site takes big bite. This type of games to attract the player should not take large bites themselves. Otherwise, the user of the platform is very small and the site owner can not make money.
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AmoreJaz
Legendary
Offline
Activity: 3276
Merit: 1103
Leading Crypto Sports Betting & Casino Platform
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February 26, 2019, 08:07:18 PM |
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How is the winner selected?
This is the situation when the blockchain technology is used. It helps to select the winner among the game participants while providing 100% transparency and accuracy. The point is that right now millions of computers around the world are solving math problems to support the work of the Bitcoin network. This process is called mining and its goal is the hash selection. When there are no free game squares left, we simply take the last three digits of the hash line and select the winner. If your square number matches it, then you get 1 Bitcoin. So, you will not give the price unless all the squares are sold? that's not fair at all How much shall I pay for the participation in the game?
The cost of one square is 0.005 Bitcoins. You can buy any number of squares and increase your chances of winning. So, you earn 4 bitcoin while you give 1, nice scam bro! House edge 400% What can i say, you are a genious! -- genius at its core! lol but takes simple math how much he will get. but hey, many people are like this - OP is trying his luck to catch this type of individuals. wonder how many people he will get on board. at the moment of writing this, he got 3 already. btw the 1 BTC prize is already waiting...
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Bagaji
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February 26, 2019, 08:07:28 PM |
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If noone gets any referrals or other commissions then they are collecting 5btc to payout 1btc lol. Pretty sure 19$ for a 1:1000 chance is a bit overkill as well.
Overkill indeed, the possibility of winning is very narrow and in my opinion it doesn't worth trying because you will be convinced from day one that the probability of you not winning is one , so what is the need.
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omonuyak
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February 26, 2019, 08:19:03 PM |
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That is a very nice one and winning of bitcoin is what many of us will like to play as it is a bit easier to predict bitcoin and stocks market price in betting.
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PuertoLibre
Legendary
Offline
Activity: 1890
Merit: 1003
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February 26, 2019, 08:59:50 PM |
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If noone gets any referrals or other commissions then they are collecting 5btc to payout 1btc lol. Pretty sure 19$ for a 1:1000 chance is a bit overkill as well.
Overkill indeed, the possibility of winning is very narrow and in my opinion it doesn't worth trying because you will be convinced from day one that the probability of you not winning is one , so what is the need. Well said, probability is low for winning such amount. I prefer to try my luck on lottery games than making money for someone else.
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rdbase
Legendary
Offline
Activity: 3052
Merit: 1578
Join the world-leading crypto sportsbook NOW!
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February 26, 2019, 09:21:03 PM |
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If noone gets any referrals or other commissions then they are collecting 5btc to payout 1btc lol. Pretty sure 19$ for a 1:1000 chance is a bit overkill as well.
For the site to run this there is a profit for them of BTC4 after paying out the winner the BTC1. So to me the only winner of this site is the owner. This is not really gambling for them as they do not have to spend a thing out of their own pocket.
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24Kt
Member
Offline
Activity: 1092
Merit: 67
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February 26, 2019, 09:52:55 PM |
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If noone gets any referrals or other commissions then they are collecting 5btc to payout 1btc lol. Pretty sure 19$ for a 1:1000 chance is a bit overkill as well.
For the site to run this there is a profit for them of BTC4 after paying out the winner the BTC1. So to me the only winner of this site is the owner. This is not really gambling for them as they do not have to spend a thing out of their own pocket. Crystal clear! If you will buy their ticket, you are making them rich. Not even giving its 50% of this 5 BTC, but they are taking 80% of it. So who would be happy to gamble their money?
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tippytoes
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February 26, 2019, 10:33:26 PM |
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Does the OP already made up his mind not to continue this tricky game of his? This is like grabbing cash from unknowingly users who are not paying attention to overall scenario of the game.
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Ranly123
Full Member
Offline
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
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February 26, 2019, 10:41:27 PM |
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Hello. We present you a cryptocurrency game that allows you to win 1 BTC!WEBSITETELEGRAMWhat is the goal of the game and how much will the winner get?There is a field with 1000 game blocks on the Home page. Each square has its own unique number (from 000 to 999). When the last square is purchased, one Bitcoin will be received by the player whose square number matches the last three digits of the last hash of the Bitcoin block. All hashes are available in the right panel on the Home page of the site, as well as on numerous resources (for example, BTC.com) The prize will be 3823 USD at the current exchange rate. What is the probability of winning?The probability of winning is one in 1000, i.e. a chance to win is hundreds of thousands times more than in any state lottery. For example, the probability of winning the USA lottery is 1 in 650,000! Can you feel the difference? How much shall I pay for the participation in the game?The cost of one square is 0.005 Bitcoins. You can buy any number of squares and increase your chances of winning. StockThe first week the cost of the square is 0.002 BTC. The second week is 0.003 BTC. The third week is 0.004 BTC. How is the winner selected?This is the situation when the blockchain technology is used. It helps to select the winner among the game participants while providing 100% transparency and accuracy. The point is that right now millions of computers around the world are solving math problems to support the work of the Bitcoin network. This process is called mining and its goal is the hash selection. When there are no free game squares left, we simply take the last three digits of the hash line and select the winner. If your square number matches it, then you get 1 Bitcoin. How will I get my award?You do not have to wait for the payment of your awards. All operations with the accrual of both partner Bitcoins and prize Bitcoin take place as soon as possible to the online Bitcoin wallet. At the same time, the information about the accrual is publicly available, because the details of each individual Bitcoin transaction are visible to the entire network, so each person can find out to which wallet the prize Bitcoin is awarded. We shall remind that the history of all Bitcoin transactions (blockchain) is stored on all network nodes. Partner ProgramGet 10% from each square purchased through your referral link. The award will be accrued to your Bitcoin wallet, and you will find information on payments by clicking on the link that you will receive on your email. Two unique differences of our Partner Program:First, the buyers are interested to use your link. The fact is that they also get a 10% discount on their first purchase. Second, you also get a 10% discount if you use your own link. By publishing a referral link, you not only gain profit but also bring the game closer to the final and the selection of the winner. The concept is good but in order to encourage more people to bet, I guess it's better to escrow someone with high reputation in this forum. It is hard to trust someone especially when it involves money, so having an escrow to your promo is the best way to work it out.
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steampunkz
Sr. Member
Offline
Activity: 1162
Merit: 268
50% bonus on your First Topup
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February 27, 2019, 04:06:56 AM |
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From what I am seeing on this game, Chances of winning from your 0.002 BTC bet, for example, is only 1%? so winning is impossible? Damn, we need 1000% luck to win on this one!
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bitcoinisbest
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February 27, 2019, 05:15:38 AM |
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From what I am seeing on this game, Chances of winning from your 0.002 BTC bet, for example, is only 1%? so winning is impossible? Damn, we need 1000% luck to win on this one!
This has to be their else how can anyone afford to give you 1 btc which is like 3800$ for free. They would like to make many btc from by giving 1 btc away. It is upto us how do we take it and understand what are the chances of getting that 1 btc.
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Idrisu
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February 27, 2019, 06:36:41 AM |
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Winning 1 bitcoin is not the problem but what is the odd of winning. Poker and lottery industry using cryptocurrencies is growing and we are going to have more coming out in future that is going to makes everything competitive.
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Tamilson
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February 27, 2019, 08:08:21 AM |
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How will I get my award? You do not have to wait for the payment of your awards. All operations with the accrual of both partner Bitcoins and prize Bitcoin take place as soon as possible to the online Bitcoin wallet. At the same time, the information about the accrual is publicly available, because the details of each individual Bitcoin transaction are visible to the entire network, so each person can find out to which wallet the prize Bitcoin is awarded. We shall remind that the history of all Bitcoin transactions (blockchain) is stored on all network nodes.
It's true that the transaction is visible in the entire network, thanks to blockchain. But how can we be so sure that the winning address is from the real winner and not the others address. Well I think the answer is too damn obvious. Geez. Online lottery don't have future, it will just make it oddly.
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Happy Coding Life
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AB de Royse777
Legendary
Offline
Activity: 2660
Merit: 4091
Campaign Manager. My Telegram @Royse777
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February 27, 2019, 10:21:11 AM |
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I would be more interested in investing if the cost of each square was 0.001 BTC and a recognized escrow service was provided.
0.001 * 1000 = 1 BTC and this is not profitable for them. Anyway, from my observation, I think the price is not attractive also the entry free. When people calculate they will keep 1 BTC (assuming 0.002 BTC per slot) and they will give away another 1 BTC, they (people) lose motivation. As one of the member suggested they can keep a percentage of the collected money. Max may be 20%. I see there are only 3 squire sold so far.
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deisik
Legendary
Offline
Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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February 27, 2019, 10:53:21 AM |
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I like the concept however since you do not have any reputation in the forum, I will suggest to escrow the prize money to a trusted forum member and then market the website. The escrow will ensure that the winner will get paid 100% Is it possible to do this with a smart contract? I mean not with Bitcoin (which seems to be impossible yet) but with some other coin like Ethereum. From a user's perspective, the difference is pretty negligible between the two coins (for this thing), but the issues of trust will be greatly alleviated. Escrows these days cannot be trusted either even though 1 BTC is not so great amount to scam on. So I think making use of a smart contract is the right thing to do here, people may actually get interested
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gantez
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February 27, 2019, 03:08:50 PM |
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From what I am seeing on this game, Chances of winning from your 0.002 BTC bet, for example, is only 1%? so winning is impossible? Damn, we need 1000% luck to win on this one!
That of course is a big issue to look at. Yes it has been made in a way that it is very difficult to win big, limiting the chances of gamblers yet we are hearing win 1 bitcoin, how visible can this be
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maydna
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February 27, 2019, 03:19:49 PM |
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From what I am seeing on this game, Chances of winning from your 0.002 BTC bet, for example, is only 1%? so winning is impossible? Damn, we need 1000% luck to win on this one!
Yep, the chances are too low compare to the money we use to bet. We need more than 10000% of luck to win I am not sure who can win the game because when he can attract more player, it means his goals will reach in the short time and he doesn't mind to give 1 bitcoin because his profit is 4 bitcoin hahaha. And after that, he can get relax and enjoy the money If that happens, I think I will create a gambling site and invite as many people as I can to play on my websites, and I will get a lot of money from my site.
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