bustabit.com -- The Social Gambling Game

[RHavar]

Hi Ryan,

could you please think about (at least temporarily) lowering the withdrawal fee ? In the last days, BTC fee level has been clearly decreased, so I think that 700bits is unnecesarily high fee now. I guess lowering into ~ 400bits would be more than enough. Thanks.

Sorry about that, yeah it definitely should be lower. I made the mistake of hard-coding that value into the configuration file, with the only way of changing it reset the web-server. Which wouldn't be so bad, except I also made the mistake of storing mutes in memory 

So I've dropped the withdrawal fee now, but it won't kick in until I reset the webserver (when ever that is).

Fortunately in the next release (which is getting very close!) both of those issues are fixed, and withdrawals are going to be way cheaper. Like crazy cheap (thanks to me spending over a month optimizing coin selection and partial batching and what not ).

[game-protect]

WARNING!

There still is no governmental or regulatory framework governing online gambling or eGaming whatsoever, as such no official Costa Rica Online Gambling License designed to deal with e-gaming (gambling over the Internet) exists.

The absence of legislation governing online gambling operations or administration from Costa Rica means very clearly that a Costa Rica Online Gambling License does NOT exist!

As no special Costa Rica Online Gambling License exists or is required in Costa Rica, the business is operated by a specifically registered Costa Rican Company.

This provides for all the profits from the company to be tax free and indemnifies the directors from liability!

[dogevisitor]

Hi Ryan,

could you please think about (at least temporarily) lowering the withdrawal fee ? In the last days, BTC fee level has been clearly decreased, so I think that 700bits is unnecesarily high fee now. I guess lowering into ~ 400bits would be more than enough. Thanks.

Sorry about that, yeah it definitely should be lower. I made the mistake of hard-coding that value into the configuration file, with the only way of changing it reset the web-server. Which wouldn't be so bad, except I also made the mistake of storing mutes in memory 

So I've dropped the withdrawal fee now, but it won't kick in until I reset the webserver (when ever that is).

Fortunately in the next release (which is getting very close!) both of those issues are fixed, and withdrawals are going to be way cheaper. Like crazy cheap (thanks to me spending over a month optimizing coin selection and partial batching and what not ).

Have you ever considered actually opening a true wallet service?

[dogevisitor]

Have you ever considered actually opening a true wallet service?

Yeah. I actually have all the pieces that could make a really kick-ass wallet service (at least if you care about fees and on-chain privacy). The main problem is just that I'm really constrained for time. I'm already pretty delayed for bustabitv2 (I really wanted it out 6 months ago), no small part because of side-tracking with stuff like integrating a constraint-solver for handling withdrawals in a privacy/fee maximizing way

But if after the bustabitv2 launch everything is going smooth, I might split out the code to make a special wallet service =)

You need to hire an assistant haha, or a team

[KloNEM]

Hi Ryan,

could you please think about (at least temporarily) lowering the withdrawal fee ? In the last days, BTC fee level has been clearly decreased, so I think that 700bits is unnecesarily high fee now. I guess lowering into ~ 400bits would be more than enough. Thanks.

Sorry about that, yeah it definitely should be lower. I made the mistake of hard-coding that value into the configuration file, with the only way of changing it reset the web-server. Which wouldn't be so bad, except I also made the mistake of storing mutes in memory 

So I've dropped the withdrawal fee now, but it won't kick in until I reset the webserver (when ever that is).

Fortunately in the next release (which is getting very close!) both of those issues are fixed, and withdrawals are going to be way cheaper. Like crazy cheap (thanks to me spending over a month optimizing coin selection and partial batching and what not ).

Yeah, I absolutely understand to you with that hard-coding mistake, I did it the same many times in my "IT life" .

Which is just interesting now for me -- the fee on the blockchain is already lowered (around 157bits), although it is still cutting 700bits from Bustabit account by withdrawal. I supposed that "700 hardcoded bits" will be still used within  the BTC transaction (until you'll restart the server) ?

[RHavar]

So thanks to the extensive research of vadoff, you can see potentially manipulated results from (7mbtc.com) in purple:
https://jsfiddle.net/vadoff/r4kp44Lv/1/embedded/result/

I can't come up with a good explanation for how this would be happening, and it means their house edge isn't matching what they are advertising. I will update the bustabit.com/license.txt file to reference this post

[TwitchySeal]

So thanks to the extensive research of vadoff, you can see potentially manipulated results from (7mbtc.com) in purple:
https://jsfiddle.net/vadoff/r4kp44Lv/1/embedded/result/

I can't come up with a good explanation for how this would be happening, and it means their house edge isn't matching what they are advertising. I will update the bustabit.com/license.txt file to reference this post

So they are only manipulating winning bets by paying out less than they should?

If I were a cheater that owned a site like this, that's what I would do.  Players are much less likely to scrutinize a winning bet.

Does 7mbit.com have any presence on this forum?

[DarkDays]

So thanks to the extensive research of vadoff, you can see potentially manipulated results from (7mbtc.com) in purple:
https://jsfiddle.net/vadoff/r4kp44Lv/1/embedded/result/

I can't come up with a good explanation for how this would be happening, and it means their house edge isn't matching what they are advertising. I will update the bustabit.com/license.txt file to reference this post

So they are only manipulating winning bets by paying out less than they should?

If I were a cheater that owned a site like this, that's what I would do.  Players are much less likely to scrutinize a winning bet.

Does 7mbit.com have any presence on this forum?

Maybe I'm reading it wrong, but it looks like they are saying that some games are crashing at very low numbers (which would make most if not all players lose when some of them would have won) when they should be crashing at higher numbers.  For example:

27807ebb19abb46b215a159430ec701b1ff062867b9458eef139bb782f4c8536   should have crashed at 1.13   but crashed at 1.10

eb18dca6fa47714a37f95622a760a8a87061b48b80da3c9f5b2c64bd26baf566   should have crashed at 1.43   but crashed at 1.01

d1a0c7681205d1150beb27fa36f0062999d0fbb87fc2e160e43aae30500a35d6   should have crashed at 1.48   but crashed at 1.02

8887f6e956118c1625878bb46d2754c03f3983dd6f11a33d44537e9e8028f9a9   should have crashed at 1.63   but crashed at 1.00

0aea96252b1f5a6b72672a8930006c9d62e4dd67e2a9dc1933797b5629ab231a   should have crashed at 1.66   but crashed at 1.01

9f01292ec66a211bd09bdfeb744392b3ccf43d70fd2b8d7c3e1bfb4a20fb097a   should have crashed at 1.21   but crashed at 1.08

e97d35503abc8f9480226e6192efaf7780982e0ad04e553858ffef7d085774bb   should have crashed at 1.90   but crashed at 1.09

[TwitchySeal]

So thanks to the extensive research of vadoff, you can see potentially manipulated results from (7mbtc.com) in purple:
https://jsfiddle.net/vadoff/r4kp44Lv/1/embedded/result/

I can't come up with a good explanation for how this would be happening, and it means their house edge isn't matching what they are advertising. I will update the bustabit.com/license.txt file to reference this post

So they are only manipulating winning bets by paying out less than they should?

If I were a cheater that owned a site like this, that's what I would do.  Players are much less likely to scrutinize a winning bet.

Does 7mbit.com have any presence on this forum?

Maybe I'm reading it wrong, but it looks like they are saying that some games are crashing at very low numbers (which would make most if not all players lose when some of them would have won) when they should be crashing at higher numbers.  For example:

27807ebb19abb46b215a159430ec701b1ff062867b9458eef139bb782f4c8536   should have crashed at 1.13   but crashed at 1.10

eb18dca6fa47714a37f95622a760a8a87061b48b80da3c9f5b2c64bd26baf566   should have crashed at 1.43   but crashed at 1.01

d1a0c7681205d1150beb27fa36f0062999d0fbb87fc2e160e43aae30500a35d6   should have crashed at 1.48   but crashed at 1.02

8887f6e956118c1625878bb46d2754c03f3983dd6f11a33d44537e9e8028f9a9   should have crashed at 1.63   but crashed at 1.00

0aea96252b1f5a6b72672a8930006c9d62e4dd67e2a9dc1933797b5629ab231a   should have crashed at 1.66   but crashed at 1.01

9f01292ec66a211bd09bdfeb744392b3ccf43d70fd2b8d7c3e1bfb4a20fb097a   should have crashed at 1.21   but crashed at 1.08

e97d35503abc8f9480226e6192efaf7780982e0ad04e553858ffef7d085774bb   should have crashed at 1.90   but crashed at 1.09

Ahh, that makes sense.  I was totally wrong - clearly a Bustabit n00b

[RHavar]

Maybe I'm reading it wrong, but it looks like they are saying that some games are crashing at very low numbers (which would make most if not all players lose when some of them would have won) when they should be crashing at higher numbers. 

You're reading it right. It's not clear to me if 7mbtc.com is intentionally manipulating results (e.g. adjusting it in response to a whale or something), or has altered their house-edge/formula and not properly advertising it.

[DarkDays]

Maybe I'm reading it wrong, but it looks like they are saying that some games are crashing at very low numbers (which would make most if not all players lose when some of them would have won) when they should be crashing at higher numbers. 

You're reading it right. It's not clear to me if 7mbtc.com is intentionally manipulating results (e.g. adjusting it in response to a whale or something), or has altered their house-edge/formula and not properly advertising it.

Do you have access to the game results to see if certain people were or were not betting during the early bust times?  There is a long stretch of bets that they didn't deviate, maybe something can be gleaned from that info. 

Also, if they had altered their house edge (in a fair way), would it only crash lower on already <1.97x crashes?  Wouldn't it be lower across the board?

[RHavar]

Just saw this today:
https://www.bustabit.com/game/4420630

Pretty cool, a 5.6M game. And niks28 managed to actually cashout at 100,000x  (although with only 1 bit )

[Jungian]

How's the investment feature coming along? Is that still on track to be released?

[RHavar]

How's the investment feature coming along? Is that still on track to be released?

Yeah, that part has all been written and extensively tested. I'm honestly super happy with how that has all turned out. The rest of the site, however, is still pretty rough. But at this point it's primary cosmetic stuff, so in the coming week I hope to iron most of it out.

[RHavar]

Stay tuned for a big announcement:

https://www.timeanddate.com/countdown/generic?iso=20170930T14&p0=60&font=cursive&csz=1


I don't want to spoil the surprise, so I won't say anything more than it's not related to bustabitv2 or anything  (which is going pretty well, you can play out with a pre-beta at dev.bustabit.com with some fake bits)

But it's exciting news!

[cruisinthrutime]

Your releasing the investment feature i guess...

[fiscorcle]

Your releasing the investment feature i guess...

Thought that was baked into v2?

[fiscorcle]

Your releasing the investment feature i guess...

Thought that was baked into v2?

Yeah, that is coming with the v2 release (which you can play around with at dev.bustabit.com )

So this is something additional?

[piloder]

Yeah, that is coming with the v2 release (which you can play around with at dev.bustabit.com )

Investment feature will be a nice addition on bustabit and the new homepage design is really nice. However it looks like game play withdow will not be changed a lot.

A new logo is just awesome compared to what bustabit have before. When this new version will be released?

[jamids]

I enjoyed playing bustabit before and have tried many combinations so that I can win even if there will be multiple crashes. It seems effective at first then revise again my strategy because I would have losing streaks. Greediness is really your enemy in this kind of game because seeing your money multiplied in just a couple of rounds is so exciting but if there will be multiple crashes and I use martingale then I would end up in a loss again. I am still in red in this site but I was able to withdraw about half of my initial capital on it.