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Author Topic: bustabit.com -- The Social Gambling Game  (Read 294775 times)
dooglus
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February 25, 2015, 04:31:00 AM
 #1201

1 bit = 100 satoshis

I thought I hit the 0 but I guess I didnt' Tongue

To be honest I have to admit I imagined it was a typo from you ....but couldn't resist  Grin

Haha. Touche

I think the initial decision to make a bitcoin be 10e8 satoshis was kind of weird. Why 8? We usually deal in millions (10e6) or billions (10e9). Arbitrarily deciding there are 100 million satoshis per bitcoin seems like an odd decision.

The "bit" makes sense of it in a clever way (I think).

There are 1 million bits in a bitcoin, and 100 satoshis in a bit. These are both numbers we're familiar with, which mean things to us in a way that "100 million" doesn't. So now any amount of bitcoin can be expressed as a number of bits with two decimal places:

123,456,789  satoshis =
1,234,567.89 bits =
1.234 567 89 BTC


Seeing money amounts written with 2 decimal places is exactly what we're used to seeing - dollars and cents, pounds and pence, etc.

Alternatively, if you're used to "uBTC", just remember that a bit is just another name for a uBTC - a millionth of a bitcoin.

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Tongkar
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February 25, 2015, 04:37:34 AM
 #1202

.....and another 20,000x cashout  Grin

https://www.moneypot.com/game/1129935


amazing win ever i seen 20,000X, congrats man for this.
This is really unbelievable I saw many times index going up and up but mostly without having bets placed on that. Cool someone succeed to hit that high.

Realy really nice and very lucky but I saw you're profit still negative.
The hardest part is chasing a loss.

I'll try this out today.

beware of addiction, this site is pretty much addictive and you will end up blowing up your coins before you realize it

Yes, I'm become addicted on the first glance and the site bust me at the end  Sad
Good job cowbay I see you on there everyday. About time you hit one congrats Grin
ChiliPowder
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February 25, 2015, 04:57:23 AM
 #1203

.....and another 20,000x cashout  Grin

https://www.moneypot.com/game/1129935


amazing win ever i seen 20,000X, congrats man for this.
This is really unbelievable I saw many times index going up and up but mostly without having bets placed on that. Cool someone succeed to hit that high.

Realy really nice and very lucky but I saw you're profit still negative.
The hardest part is chasing a loss.

I'll try this out today.

beware of addiction, this site is pretty much addictive and you will end up blowing up your coins before you realize it

Yes, I'm become addicted on the first glance and the site bust me at the end  Sad
Good job cowbay I see you on there everyday. About time you hit one congrats Grin
Nice man, congrats! The question is are you up?

Hey Moneypot admin is that the bigget hit so far?

I know I scream like a bitch when I hit 2k on 4000 satoshis lol.

Couldnt imagine hitting 20k
Kprawn
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February 25, 2015, 07:51:05 AM
 #1204


Realy really nice and very lucky but I saw you're profit still negative.
The hardest part is chasing a loss.

I'll try this out today.

beware of addiction, this site is pretty much addictive and you will end up blowing up your coins before you realize it

Yes, I'm become addicted on the first glance and the site bust me at the end  Sad

lol, been there, done that  Grin Grin

this is one of my gambling website which I visited and play there besides coinroyale, PD and DB
The site is attractive and addictive even with a simple design like that, imagine if rhavar change the design and allow and invest feature + crazy advertising, this sites could become one of the best gambling sites ( which i believe the site is already one of the best out there)

I agree the invest option would be great, but then he would have to increase the house edge, to accomodate for the profits needed to pay the investors... and that would chase people away.

The site needs to be simple, without the clutter of too many ad's. { It loads faster and cause less lag, when things are simple }

I know Ryan is busy with Vault .... He might accept investors for that or other projects in future.... I would like to be part of that.. if it is just 50% as successfull as MoneyPot.  Wink


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dooglus
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February 25, 2015, 10:24:01 AM
 #1205

I know Ryan is busy with Vault .... He might accept investors for that or other projects in future.... I would like to be part of that.. if it is just 50% as successfull as MoneyPot.  Wink

As I understand it, the main point of Vault is to allow people to bankroll sites. Moneypot would be a natural first user of Vault.

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February 25, 2015, 02:37:47 PM
 #1206

I know Ryan is busy with Vault .... He might accept investors for that or other projects in future.... I would like to be part of that.. if it is just 50% as successfull as MoneyPot.  Wink

As I understand it, the main point of Vault is to allow people to bankroll sites. Moneypot would be a natural first user of Vault.


quoted this from ryan so that anyone can read this because this is going to be connected with investor feature at moneypot

blockage and csmcanarney are right, but let me expand a little on what we're building with vault (which is coming together, but still 1-2 months from production quality).


Vault Value proposition for users:
* A highly usable web-wallet, suitable for day-to-day use with all the features you'd expect for that
* We don't ask who you are, or why you're using vault
* Good (external) privacy, your coins are mixed with everyones coins
* Offchain transfers: Transfer money to people/accounts instantly off-chain.
* Unified login system for gambling sites. Vault is an OAuth2 provider, and you can authorize apps to login and have access up to a specified  amount of money. Not only do you get the unified identity across sites, but you can "Add funds" instantly by just authorizing the app to gamble/spend more (no more waiting for confirmations)

Vault Value proposition for investors:
* Invest your money in a single bankroll, that is used by multiple websites. You only need to trust Vault, and not other gambling operators.


Vault Value proposition for devs/casinos:
* Focus only on building an engaging gambling game. You can even build a gambling game without running your own server!
* Leverage the dirt simple "Login With Vault", no screwing around with creating your own user system, security system, 2FA, forgot password, support requests to reset passwords/emails/2FA, etc., handling withdrawals, deposits and reduce friction for people who already have a vault account
* You can use the flexible provably fair betting API to make bets on behalf of your user. You can verify them in real time, to make sure Vault isn't ripping you off. The provably fair betting API is flexible enough to support games like: dice, roulette, plinko and slots from day one.
* Have users gamble directly against Vault's bankroll. This means on *day 1* you can offer high limits, and have absolutely no worries about variance or solvency, vault takes care of that for you.
* Offload security to Vault. All users balances are kept in vault as is the site bankroll.
* Have a steady source of income. From investors perspective, we always give them a 1/2 kelly for every bet (with a minimum of a 0.1% house edge). When ever you send Vault a bet with a house-edge greater than a 1/2 kelly, vault and your app will a 50-50 profit share. [1].  The core principle here, you get a steady stream of income based on your volume and the odds you offer your users.





[1] Details of the investor/vault/app profit sharing subject to change




 
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Southpaw0
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February 25, 2015, 02:48:38 PM
 #1207

Crazy how you could sit down and play so many games, wonder if theres a moneypot bot that allows you to play without being at the screen yourself.

ill handcuff you to the shower and put an apple in your mouth with the water running on cold then you handcuff me to the bed and go to town.. just dont BURN the house down with your hot ass oven cus i will be dead and you will be gone
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February 25, 2015, 03:19:32 PM
 #1208

You can set your auto bet under the strategy tab Smiley
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February 25, 2015, 03:24:36 PM
 #1209

Crazy how you could sit down and play so many games, wonder if theres a moneypot bot that allows you to play without being at the screen yourself.

there is an autobet setting
and also you can code your own strategy for it at github

 
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........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
blockage
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February 25, 2015, 04:22:07 PM
 #1210

Hey Moneypot admin is that the bigget hit so far? Wager and profit are in bits.
I'm not an admin but I can still answer that question. You might say I'm an obsessive data collector Grin Here is the list of all the cashouts >500.00x so far. As you can see 20k is the highest.

Code:
    username    | game_id |  factor  | wager |  profit
----------------+---------+----------+-------+-----------
 cowbay         | 1129935 | 20000.00 |    40 | 800000.43
 cowbay         | 1095238 | 12345.67 |    16 | 197531.04
 cowbay         | 1090922 |  6666.66 |    16 | 106666.73
 cowbay         | 1082757 |  4000.00 |    10 |  40000.11
 Gambletron5000 |  604396 |  2500.00 |    10 |  25000.36
 yujinbojee     |  622528 |  1285.01 |    10 |  12850.36
 yujinbojee     |  620219 |  1185.01 |     3 |   3555.10
 fanbox         |  527994 |  1151.26 |     1 |   1151.29
 220            | 1010596 |  1000.00 |    20 |  20000.53
 Ghris          |  704245 |  1000.00 |    10 |  10000.20
 MathWins       |  603130 |  1000.00 |    10 |  10000.14
 sureshnsnet    |  950338 |  1000.00 |     1 |   1000.01
 btcpizza       |  638302 |  1000.00 |     5 |   5000.14
 Ghris          |  703039 |  1000.00 |    10 |  10000.42
 sureshnsnet    |  957394 |  1000.00 |     1 |   1000.02
 kicken55       |  600008 |  1000.00 |    10 |  10000.23
 MathWins       |  604396 |  1000.00 |    10 |  10000.36
 220            | 1009149 |  1000.00 |   100 | 100001.89
 MathWins       |  603783 |  1000.00 |    10 |  10000.23
 Ghris          |  704435 |  1000.00 |    10 |  10000.13
 cowbay         |  500876 |   999.99 |    10 |  10000.04
 AOTP           |  658172 |   998.00 |    33 |  32934.43
 vjs            |  913341 |   991.62 |     5 |   4958.16
 WONTED         | 1032538 |   725.36 |   100 |  72537.80
 vjs            |  919174 |   695.86 |    10 |   6958.87
 cowbay         |  515000 |   666.66 |     6 |   4000.02
 Yna            |  636112 |   666.00 |     1 |    666.03
 Yna            |  635050 |   666.00 |     1 |    666.01
 MathWins       |  563566 |   650.00 |  1000 | 650016.30
 BertBetsBits   |  763602 |   589.32 |   862 | 508009.52
 nick1234       | 1090763 |   584.24 |    10 |   5842.53
 convicted2008  | 1135867 |   582.59 |    10 |   5826.08
 Ostrow         |  657250 |   555.00 |    35 |  19425.95
 Yna            |  515758 |   520.64 |   251 | 130683.47
 sterky         |  603438 |   513.56 |    10 |   5135.72
 singpays       |  636139 |   505.00 |    10 |   5050.21

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February 25, 2015, 04:27:42 PM
 #1211

Hey Moneypot admin is that the bigget hit so far? Wager and profit are in bits.
I'm not an admin but I can still answer that question. You might say I'm an obsessive data collector Grin Here is the list of all the cashouts >500.00x so far. As you can see 20k is the highest.

Code:
    username    | game_id |  factor  | wager |  profit
----------------+---------+----------+-------+-----------
 cowbay         | 1129935 | 20000.00 |    40 | 800000.43
 cowbay         | 1095238 | 12345.67 |    16 | 197531.04
 cowbay         | 1090922 |  6666.66 |    16 | 106666.73
 cowbay         | 1082757 |  4000.00 |    10 |  40000.11
 Gambletron5000 |  604396 |  2500.00 |    10 |  25000.36
 yujinbojee     |  622528 |  1285.01 |    10 |  12850.36
 yujinbojee     |  620219 |  1185.01 |     3 |   3555.10
 fanbox         |  527994 |  1151.26 |     1 |   1151.29
 220            | 1010596 |  1000.00 |    20 |  20000.53
 Ghris          |  704245 |  1000.00 |    10 |  10000.20
 MathWins       |  603130 |  1000.00 |    10 |  10000.14
 sureshnsnet    |  950338 |  1000.00 |     1 |   1000.01
 btcpizza       |  638302 |  1000.00 |     5 |   5000.14
 Ghris          |  703039 |  1000.00 |    10 |  10000.42
 sureshnsnet    |  957394 |  1000.00 |     1 |   1000.02
 kicken55       |  600008 |  1000.00 |    10 |  10000.23
 MathWins       |  604396 |  1000.00 |    10 |  10000.36
 220            | 1009149 |  1000.00 |   100 | 100001.89
 MathWins       |  603783 |  1000.00 |    10 |  10000.23
 Ghris          |  704435 |  1000.00 |    10 |  10000.13
 cowbay         |  500876 |   999.99 |    10 |  10000.04
 AOTP           |  658172 |   998.00 |    33 |  32934.43
 vjs            |  913341 |   991.62 |     5 |   4958.16
 WONTED         | 1032538 |   725.36 |   100 |  72537.80
 vjs            |  919174 |   695.86 |    10 |   6958.87
 cowbay         |  515000 |   666.66 |     6 |   4000.02
 Yna            |  636112 |   666.00 |     1 |    666.03
 Yna            |  635050 |   666.00 |     1 |    666.01
 MathWins       |  563566 |   650.00 |  1000 | 650016.30
 BertBetsBits   |  763602 |   589.32 |   862 | 508009.52
 nick1234       | 1090763 |   584.24 |    10 |   5842.53
 convicted2008  | 1135867 |   582.59 |    10 |   5826.08
 Ostrow         |  657250 |   555.00 |    35 |  19425.95
 Yna            |  515758 |   520.64 |   251 | 130683.47
 sterky         |  603438 |   513.56 |    10 |   5135.72
 singpays       |  636139 |   505.00 |    10 |   5050.21

so cowbad is in the lead for this crazy amount of cashout
mind sharing the link to where i can check this bet using the bet ID? i want to see the max crash
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February 25, 2015, 04:35:07 PM
 #1212

so cowbad is in the lead for this crazy amount of cashout
mind sharing the link to where i can check this bet using the bet ID? i want to see the max crash

Go to the game of the listed id: https://www.moneypot.com/game/1129935.

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February 25, 2015, 09:14:24 PM
 #1213

Shiba's commands are now (partially) documented in a github wiki. You can also get the link by typing !help in chat.


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February 25, 2015, 11:33:54 PM
 #1214

omg 20k cashout..is that really?
i cant imagine if someone bet for 1000bits and won 20k..

gonna try it for sure..make my heart racing.

<a href="http://www.freebiebitcoin.com">Earn free bitcoin</a>
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February 25, 2015, 11:51:58 PM
 #1215

omg 20k cashout..is that really?
i cant imagine if someone bet for 1000bits and won 20k..

gonna try it for sure..make my heart racing.

It's 20kx, so if you bet 1000bits you'd win 20,000,000 (20BTC).
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February 26, 2015, 12:34:34 AM
 #1216

but i just found that max profit is 2 btc..

so likely will be limited and the profit will not credited ,right?

so theres no need to bet 20k and at least the sites limit max bet..

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CryForMeSky
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February 26, 2015, 12:40:02 AM
 #1217

but i just found that max profit is 2 btc..

so likely will be limited and the profit will not credited ,right?

so theres no need to bet 20k and at least the sites limit max bet..

Right.  It seems like the site would auto cash you out if the game is paying out the max profit number.  So if you bet 1000 a spin, even if you have auto cash out @ 20000x, it'll cash you out @ ~2000x.
birdcat90
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February 26, 2015, 01:58:38 AM
 #1218

but i just found that max profit is 2 btc..

so likely will be limited and the profit will not credited ,right?

so theres no need to bet 20k and at least the sites limit max bet..

Right.  It seems like the site would auto cash you out if the game is paying out the max profit number.  So if you bet 1000 a spin, even if you have auto cash out @ 20000x, it'll cash you out @ ~2000x.

yeah likely..its better to put max bet and what is the max payout..
until now i dont know what is that, need some confirmation too..what is the highest payout..make me curious

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CryForMeSky
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February 26, 2015, 02:04:52 AM
 #1219

but i just found that max profit is 2 btc..

so likely will be limited and the profit will not credited ,right?

so theres no need to bet 20k and at least the sites limit max bet..

Right.  It seems like the site would auto cash you out if the game is paying out the max profit number.  So if you bet 1000 a spin, even if you have auto cash out @ 20000x, it'll cash you out @ ~2000x.

yeah likely..its better to put max bet and what is the max payout..
until now i dont know what is that, need some confirmation too..what is the highest payout..make me curious

Max bet is 1BTC I think and the max payout fluctuates based on the house bankroll.  Right now it seems to be around 2BTC but for each roll it's listed in the bottom right hand corner of the graph.
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February 26, 2015, 02:20:23 AM
 #1220

im playing right know. Its a fun game and can be very nerve racking at times. I like it, Grin
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