RHavar
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December 01, 2017, 07:40:49 AM |
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How would you make money and thus be able to continue supporting the game if there is 0% rake?
The 0% rake would be exclusive to the pvp version. The primary game (playing against the house) would still have a normal house edge
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Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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DarkDays
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December 01, 2017, 08:38:49 AM |
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How would you make money and thus be able to continue supporting the game if there is 0% rake?
The 0% rake would be exclusive to the pvp version. The primary game (playing against the house) would still have a normal house edge I think he's asking why you would segment the population and have some players playing a game that earned you nothing.
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hopenotlate
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December 01, 2017, 03:07:49 PM |
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I think it's the fairest approach to try separate these groups of players, I'm just trying to find the smoothest way to do it. One thing I'm experimenting now with is a special PvP variant of bustabit with high bonuses, starting from 0.9x and being 0% house edge. And to limit the unbounded risk of offering a 0% house edge game, if the net profit is < 0, there will be a small rake. (e.g. if the game loses 20 BTC, there will be a 0.1% rake, or 100 BTC and a 1% rake etc. )
A small rake is foreseen anyway not significant. Maybe Ryan is going to offer this PvP game like an addon to the main game ( traditional one). If it was at me I wouldn't change a single aspect of the actual bustabit and still don't understand why it is going to be changed: I could be wrong but I guess it is the most successful game in bitcoin gambling industry just the way it is now.
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fiscorcle
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December 01, 2017, 04:33:16 PM |
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I think it's the fairest approach to try separate these groups of players, I'm just trying to find the smoothest way to do it. One thing I'm experimenting now with is a special PvP variant of bustabit with high bonuses, starting from 0.9x and being 0% house edge. And to limit the unbounded risk of offering a 0% house edge game, if the net profit is < 0, there will be a small rake. (e.g. if the game loses 20 BTC, there will be a 0.1% rake, or 100 BTC and a 1% rake etc. )
A small rake is foreseen anyway not significant. Maybe Ryan is going to offer this PvP game like an addon to the main game ( traditional one). If it was at me I wouldn't change a single aspect of the actual bustabit and still don't understand why it is going to be changed: I could be wrong but I guess it is the most successful game in bitcoin gambling industry just the way it is now. That's my perspective as well, as the old saying goes "it if ain't broke don't fix it"
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Chillz
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December 03, 2017, 11:26:12 PM |
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Are there any cool features just like a rebate for the loss that you had and bonuses? I might be interested in this game again. I will keep an eye for this update, I hope that you will bring something cool on the site. All the best
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sinanexchange
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December 04, 2017, 05:15:49 AM |
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İ hope too longride in coinworld
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LORD money
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December 04, 2017, 07:38:27 PM |
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I think that bustabit is always the same game, it doesn't change! maybe you can add some other games
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TwitchySeal
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December 11, 2017, 07:22:05 PM |
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I was just now made aware of another bitcoin fork (yay!) called "United Bitcoin", at the sexy domain: https://www.ub.com/I will be taking a snapshot of all users balances at fork time, and claiming for users so I can distribute to users (conditional upon there being trezor support for it) Fun Fact: Domain (ub.com) used to belong to ultimatebet - Home of the biggest online poker cheating scandal ever (owners could see players cards, stole tens of millions) in 2009. In 2011 they got shut down and ended up just stealing the rest of the money.
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Panda Trump
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December 11, 2017, 09:30:43 PM |
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I've spent some more time reading into "UB" and unfortunately will not be able to support it. According to the "whitepaper" it said: All active Bitcoin addresses will receive corresponding balances on UnitedBitcoin’s chain. Balances of inactive addresses will be collected and used to serve the community.
So I made sure to shuffle around the wallet so that all unspent were active in the last 30 days. However, reading the fine print (which isn't in the white paper) it says: The output address (receiving address) must also be listed as one of the input addresses and cannot be a totally new address
Which is total bullshit, and not something I realized before the fork. A normal bitcoin transaction uses a new address each time (for privacy point of views) and they created a totally arbitrary rule that says it can't be a totally new address (probably to intentionally limit the distribution). However, there is a "phase 2" way of getting the UB. However the "phase 2" way requires doing a "send bitcoin to the same address" transaction and manually submitting the txid. However, this isn't possible to really do on my production wallet and is cost prohibitive. (An at-peak consolidation right now would cost me an estimated 19534.55 USD in fees, for something that I have no assurances will even have any value). So unfortunately, there's really no way I am able to offer support for this :/ Just let your gamblers withdraw their Bitcoins and claim their UB at their own wallets. Besides, I don't feel like they're missing anything if they don't claim them anyways, as it's another pointless fork. It's insane that BCH reached such a height. BTG is a weird one too and I'm kinda sure something like United Bitcoin won't be able to get further than maybe a couple percents of the current Bitcoin price. -=-=- You seem like a pretty reasonable Customer Support Dictator Head of Customer Success. Good communication & Clear explanation... Thumbs up!
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DarkDays
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December 11, 2017, 10:55:35 PM |
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Fun Fact: Domain (ub.com) used to belong to ultimatebet - Home of the biggest online poker cheating scandal ever (owners could see players cards, stole tens of millions) in 2009. In 2011 they got shut down and ended up just stealing the rest of the money.
Oh interesting, I didn't know that bit of history. They probably got a good deal on the domain. I wonder if the name "United Bitcoin" came after the domain (as it seems rather strange to use the word "united" when you're forking) Most of the major US-facing poker site domain names were seized by the US government on Black Friday. Some sites, like Stars, decided to play nice, withdraw from the states, pay a shitload of money, and take on other debt in order to curry favor (and it worked, since Stars is now allowed to operate in New Jersey). Other sites, like UB (and their sister site AP) decided to bounce and steal everyone's money. I'd imagine the domains were sold or released and got snapped up by enterprising resellers who sold the domain to these guys, who created a name that fit the domain.
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yeezred
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December 12, 2017, 06:06:30 AM |
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I haven't used this in almost a year now. Is the creator still working on Bustabit 2?
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negrito
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December 18, 2017, 02:22:06 PM |
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Hello, I like the bustabit.. It's a nice game.. is the owner the same with bustadice?
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Josepht
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December 18, 2017, 02:25:49 PM |
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Hello, I like the bustabit.. It's a nice game.. is the owner the same with bustadice?
No, bustabit does not have the same onwner as bustadice. RHavar is the owner of bustabit, and devans is the owner of bustadice. RHavar is helping devasns with his site however, so they are somewhat linked.
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hopenotlate
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December 18, 2017, 04:20:59 PM |
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Hello, I like the bustabit.. It's a nice game.. is the owner the same with bustadice?
Ryan (Rhavar), bustabit owner, is a partial owner of Bustadice as he himself stated here : https://bitcointalk.org/index.php?topic=2219681.msg22399067#msg22399067Also the main part of users' funds is held in 2-of-3 cold storage with keys split between Daniel of bustabit, Ryan and a neutral third party.
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FluxTube
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December 28, 2017, 01:19:42 PM |
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I'm very exited to announce my crowd sourced, licensed by bustabit, litecoin casino: https://www.bustacoin.com
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KloNEM
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January 20, 2018, 02:26:24 PM |
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Ryan, do you plan to make something with transaction fee, e.g. "multiple output for more players", as you mentioned sometime ago ? At least now, could you please lowering the fee into some more reasonable level? E.g. 600-700 bits ? I think 900 bits is "more than enough" now (and anyway, my last withdrawal went out with 511 bits fee in fact, so the 600-700 level would be enough, I believe). Thanks!
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KloNEM
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January 22, 2018, 01:05:54 PM |
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Ryan, do you plan to make something with transaction fee, e.g. "multiple output for more players", as you mentioned sometime ago ? At least now, could you please lowering the fee into some more reasonable level? E.g. 600-700 bits ? I think 900 bits is "more than enough" now (and anyway, my last withdrawal went out with 511 bits fee in fact, so the 600-700 level would be enough, I believe). Thanks!
Yup, in less than a week we should have a totally overhauled withdrawal system that gives users better choice and works far better in general =D That's a great news, thanks a lot ! ;-)
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Theb
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January 22, 2018, 02:01:55 PM |
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I think that bustabit is always the same game, it doesn't change! maybe you can add some other games
The game is called bustabit I don't think that adding games will be necessary for there growth as players know that they are going to the site to play what they have which is bustabit. They are known of this game and if there is no demand for an additional game there will be no players for that game. If you really want to play other games you can go to other gambling sites which offer a wide variety of games. Also there type of user interface only caters or supports one kind of game, having a complete overhaul will surprise old members.
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BTCevo
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January 23, 2018, 09:17:05 AM |
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Ryan, do you plan to make something with transaction fee, e.g. "multiple output for more players", as you mentioned sometime ago ? At least now, could you please lowering the fee into some more reasonable level? E.g. 600-700 bits ? I think 900 bits is "more than enough" now (and anyway, my last withdrawal went out with 511 bits fee in fact, so the 600-700 level would be enough, I believe). Thanks!
Yup, in less than a week we should have a totally overhauled withdrawal system that gives users better choice and works far better in general =D Do you mean to split the withdrawal fee in three ways like other side did? Low, normal and fast? May be you can but still it does not really matter here, what I know, people want to have small fee with faster withdrawal which is impossible so I scare many people will start on using low and start complaining around when their money not in their wallet on some period time
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LEINADbtc
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January 23, 2018, 07:28:22 PM |
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Really wish you guys have eth,bch... Not interested in paying over 10-15$ to gamble around 50$ ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Guess i'm gonna use those clones ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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