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Author Topic: bustabit.com -- The Social Gambling Game  (Read 293876 times)
Dogedigital
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August 10, 2016, 02:10:09 AM
 #2501

Quote from: Superhitech link=topic=709185.msg15873294#msg15873294
It seems like CSGOCrash is having a little difficulty, as with all the CSGO gambling sites due to the scandals.

I haven't been following it, but I thought Valve was cracking down on gambling (source)? But it's been 3 weeks, and it seems many of the listed sites are still operational

(Also bustabit has a much lower house edge than csgocrash, ours is scaled from 0 to 1%, where there's is 1-2% -- so if you already have bitcoin, ours probably makes a smarter choice Cheesy)

Is this solely from removing the bonus aspect out or are there more changes that they have made?
RHavar
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August 10, 2016, 02:16:49 AM
 #2502

Is this solely from removing the bonus aspect out or are there more changes that they have made?

The removal of the bonuses account for 1%, but they also changed the probability of an instant-bust from 1-in-101 to 1-in-51 (as you can see in their fiddle), which accounts for another 1%. So in total their house edge is a static 2% higher than ours


Edit: Just to be clear, I have absolutely no problems with people offering high(er) house edge games. But I do take a bit of issue with false advertising on their homepage  Grin

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.
Superhitech
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August 10, 2016, 04:04:08 AM
 #2503

Quote from: Superhitech link=topic=709185.msg15873294#msg15873294
It seems like CSGOCrash is having a little difficulty, as with all the CSGO gambling sites due to the scandals.

I haven't been following it, but I thought Valve was cracking down on gambling (source)? But it's been 3 weeks, and it seems many of the listed sites are still operational

(Also bustabit has a much lower house edge than csgocrash, ours is scaled from 0 to 1%, where there's is 1-2% -- so if you already have bitcoin, ours probably makes a smarter choice Cheesy)

Yes, according to Valve, they have a new policy and are shutting down sites, for example CSGODouble, CSGOWild, and CSGOLotto have shut their doors, however it seems that the smaller dice sites who haven't received any warning from Valve are still running.

But like you said, your site is superior due to the lower house edge and probably better support in my opinion.  Cheesy
cowbay
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August 12, 2016, 02:18:44 AM
 #2504


Quote
11:29 qCrc5u4: @Ryan bustabit.com/game/3002891 do you like my skills i manually cashed that shit

^^ Now that's impressive

Suspiciously impressive. Not sure it is physically possible to do that manually at that multiplier.
DarkDays
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August 12, 2016, 06:16:41 AM
 #2505


Quote
11:29 qCrc5u4: @Ryan bustabit.com/game/3002891 do you like my skills i manually cashed that shit

^^ Now that's impressive

Suspiciously impressive. Not sure it is physically possible to do that manually at that multiplier.

Well of course it's physically possible.  Not to say "I'm going to cash out at exactly 49.26 multiplier" but if he pressed the button it's going to register at an exact time.  It just so happens that this exact time was milliseconds before the crash.  At least, I'm assuming that's what he's saying.
RHavar
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August 12, 2016, 04:00:31 PM
 #2506

At least, I'm assuming that's what he's saying.

Yeah exactly. It was just sheer, dumb luck that landed him a perfect cashout  Grin

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.
deadlyunknown
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August 12, 2016, 05:45:41 PM
 #2507

Quote from: Superhitech link=topic=709185.msg15873294#msg15873294
It seems like CSGOCrash is having a little difficulty, as with all the CSGO gambling sites due to the scandals.

I haven't been following it, but I thought Valve was cracking down on gambling (source)? But it's been 3 weeks, and it seems many of the listed sites are still operational

(Also bustabit has a much lower house edge than csgocrash, ours is scaled from 0 to 1%, where there's is 1-2% -- so if you already have bitcoin, ours probably makes a smarter choice Cheesy)

Yes, according to Valve, they have a new policy and are shutting down sites, for example CSGODouble, CSGOWild, and CSGOLotto have shut their doors, however it seems that the smaller dice sites who haven't received any warning from Valve are still running.

But like you said, your site is superior due to the lower house edge and probably better support in my opinion.  Cheesy

As soon as those unrecognizable sites will be popular, Valve will sent a warning to them soon anyway. They changed the rules on some sites just to maintain it, like dota2/csgolounge as they blocked the usage of some selected countries.
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August 18, 2016, 11:22:18 AM
 #2508

Great social bitcoin gambling game

RHavar
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August 26, 2016, 07:15:06 PM
 #2509

Great social bitcoin gambling game

Glad you like! And this month being one of our best, pulling in over 28k btc of wagers -- making it the most popular bitcoin gambling game of the month (AFAIK).  Grin

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.
RHavar
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September 03, 2016, 10:17:58 PM
 #2510

Just a reminder to players, please don't run bots or strategies that scrape/crawl the site (e.g. download player or game pages) -- it trips up the ddos filter and your ip will likely get banned. If this happens to you, please just email me your ip address (rhavar@protonmail.com) and confirm you've turned off any bots that scrape/crawl the site  Grin

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.
Ryan Dugan
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September 06, 2016, 01:23:29 AM
 #2511

This is a very fun game I think it is fair. More fair then most. I am not sure why people want to use bots and think that they will make money. It is not true. Bustabit rounds are long so if you use a not to play over hours because of that it is ok but it will not win for you. That is impossible.

Lanzador
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September 06, 2016, 01:29:58 AM
 #2512

Just a reminder to players, please don't run bots or strategies that scrape/crawl the site (e.g. download player or game pages) -- it trips up the ddos filter and your ip will likely get banned. If this happens to you, please just email me your ip address (rhavar@protonmail.com) and confirm you've turned off any bots that scrape/crawl the site  Grin

Is there any way to get such info without that happening
DarkStar_
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September 06, 2016, 01:55:46 AM
 #2513

This is a very fun game I think it is fair. More fair then most. I am not sure why people want to use bots and think that they will make money. It is not true. Bustabit rounds are long so if you use a not to play over hours because of that it is ok but it will not win for you. That is impossible.
There are +EV bots at bustabit, because of the nature of the game (bonuses for late cashouts), and some people think they can make a profit doing martingale. They could also be trying to chase a large multiplier with a bot, and using it to bet while they are busy. If you have a +EV bot, you can play it for days/weeks/months and possibly be in a profit. It can win for you, and it definitely is possible. Those bots are probably really hard to code though, and no one who has a +EV bot has shared it/sold it AFAIK.

taking a break - expect delayed responses
Kotone
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September 06, 2016, 02:00:54 AM
 #2514

Im making some fun with bustabit site where you have 90% of luck and you always need to cash out before you bust or before the line crash! this is fun game of all and it's fair for all players who played this before just remindering for those player who played this game don't greed to much xD

RHavar
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September 06, 2016, 06:30:38 AM
 #2515

Those bots are probably really hard to code though, and no one who has a +EV bot has shared it/sold it AFAIK.

Depending on game conditions, they can be pretty easy to code. The most simple +EV bots I've seen is when you see someone else doing good, just write your bot to automatically cash out after that person. Quite often you can even play +EV by hand, especially when you have something like a whale who is cashing out very late (then you just cashout early, and most of the time you'll get good bonuses).

But yeah, afaik too no one who has written an advanced bonus-oriented bot has shared/sold it  (as it would make it hard for them to use themselves)

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.
elDano
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September 06, 2016, 07:25:21 AM
 #2516


If you want to give it a try without commitment, there's a builtin faucet that gives out 2 bits (2 millionths of a bitcoin) an hour.


I'm checking out your site,  but FYI there's a weird typo in the OP (bolded above).  A bit is a unit of information.  I think you meant a 2 μBTC (sometimes written ubtc in ascii).   The other normal way of saying this 200 Satoshi.  Cheers!

I was motivated to use 'bits' by http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html

I can't stand using BTC as the base currency, I find numbers like 0.00004 are completely unreadable and unrelatable to -- while on the flip side  4,000,000 bits isn't hard to read. I'm not against to using μBTC, but that doesn't seem where momentum is heading -- so I'm jumping on the 'bit' train, and hoping others will follow =)

Wow, ok, thanks for catching me up on that.  I, personally, find it absolutely nuts to adopt an already in-use unit and apply it to bitcoin.  I think that everyone knows what a bit is, it's a unit of information.  Ie a 1 or 0 in a computer memory.  It's a true or false.  To me, the idea of saying that 100satoshi is 1"bit" is a little like saying, let's say that 100 satoshi's = 1meter.  How that is suppose to alleviate confusion, I have no idea.

Anyway, nothing personal, but I certainly won't be following this trend.  If for somereason, microBTC is too abstruse, what's hard about 200satoshis?

Sorry if I derailed your thread about the social platform gambling.
There are so many people gambling and the gambling topic is going around everybody is promoting their online casino because there are to many of them so please come with good topics and not commercial.
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September 06, 2016, 12:06:41 PM
 #2517

This program is my betting site. I learn it in my groupmates in fb. It is an easy betting site but for me its not easy to win. I have pattern but its not applicable always because I lose game in just one shot. So I decided to quit and go to satoshimine where I lucky to this gambling site. I mean always win. He he.
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September 06, 2016, 02:02:16 PM
 #2518

This program is my betting site. I learn it in my groupmates in fb. It is an easy betting site but for me its not easy to win. I have pattern but its not applicable always because I lose game in just one shot. So I decided to quit and go to satoshimine where I lucky to this gambling site. I mean always win. He he.

What does that have to do with BustaBit?
Steve D
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September 09, 2016, 09:58:51 AM
 #2519

   return Math.floor(((100 * e) - h) / (e - h));

That's the only really interesting line. We can ignore the "0x crash 1-in-101 games" part, because that is only used to fund the 1% bonus that it paid out on the other 100-in-101 games. It has no effect on the house edge at all.

We can even lose the Math.floor bit, because that just makes sure the result has no more than 2 decimal places. And divide the top by 100, because that function is returning the crash point times 100 (so it's an integer).

So the crash point is simply:

Code:
  e - h/100
  ---------
    e - h

e is a big number, but it doesn't really matter what it is (it's 2^52)
h is a random number between 0 and e-1 inclusive

Let's look at three cases:

1. If h is at its minimum, 0, the crash point is 1x

The house edge is 0%. (We can ignore the 1-in-101 0x crashes, because on the other 100-in-101 games we get a 1% bonus, assuming we're the only player, or that all the other players are also playing at a 1x cashout).

2. If h is half way through its range, e/2, the crash point is 1.99x

So we have a 50% chance of winning 1.99x. That gives an RTP of 50%*1.99 = 99.5% and so a house edge of 0.5%

3. If h is at its maximum, e-1, the crash point is 0.99e+0.01 (ie. very high, since e is a big number)

So we have a 100/e% chance of winning 0.99e+0.01. That gives an RTP of (99e+1)/e% ~= 99% and so a house edge of a tiny bit under 1%.

So you can see that the house edge ranges from 0% to 1% as your payout multiplier ranges from 1x to high numbers.

i just don't know how i would go about calculating the house edge for a certain multiplier

The payout multiplier for any particular h is (from the code you pasted):
  m = (e - h/100) / (e-h)   [1]
and the probability p of hitting that payout is:
  p = (e-h)/e   [2]
  h = e-ep
the RTP for that h is [1]*[2]*100:
  (e - h/100) / (e-h) * (e-h)/e * 100
  = (e - h/100) * 100/e
  = 100 - h/e
and so the house edge is simply:
  edge = 100 - RTP
  = h/e
  = (e-ep)/e
  = 1-p

Now you want the house edge for a given multiplier, m. Let's find h in terms of m:
  m = (e - h/100) / (e-h)
  (e-h)m = e - h/100
  em - hm = e - h/100
  em - e = hm - h/100
  e(m-1) = h(m-0.01)
  h = e(m-1)/(m-0.01)

And so the house edge:
  edge = h/e
  = e(m-1)/(m-0.01)
  = (m-1)/(m-0.01)

And there's your answer. The house edge for a probability of p is 1-p, and for a multiplier of m is (m-1)/(m-0.01)

Examples:

  the house edge when you have a 0.5 probability of winning is 1 - p = 1-0.5 = 0.5%
  the house edge for a multiplier of 2x is (m-1)/(m-0.01) = (2-1)/(2-0.01) = 0.50251256%

Edit: if all you want to do is change the house edge so that it goes from 0% to N% instead of 0% to 1%, I think you only need to replace the 100 in the Math.floor line by 100/N. Don't change the insta-crash logic unless you want to unbalance the bonus system. Looks like you already changed it to insta-crash every 51 games (without changing the corresponding comment), but that's a bad idea. People won't want to play a game that insta-crashes so often. Adjust the edge using the Math.floor line instead.

Example:

>>> e = 2**52
>>> h = e * 0.75
>>> 100 - (e - h/100) / (e-h) * 25 # the bustabit setting - house edge is 0.75% when we have 25% chance of winning
0.75
>>> 100 - (e - h/20) / (e-h) * 25 # increase the house edge by a factor of 5 - house edge is 3.75% when we have 25% chance of winning
3.75


What would the code look like if you wanted a set house edge which is not scaling?
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September 10, 2016, 05:54:14 AM
 #2520

What would the code look like if you wanted a set house edge which is not scaling?

It would look very similar, just with different calculations for the crash point.

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