bustabit.com -- The Social Gambling Game

[DarkDays]

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]

I haven't used this in almost a year now. Is the creator still working on Bustabit 2?

[negrito]

Hello, I like the bustabit.. It's a nice game.. is the owner the same with bustadice?

[Josepht]

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.

[hopenotlate]

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#msg22399067

Also 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.

[FluxTube]

I'm very exited to announce my crowd sourced, licensed by bustabit, litecoin casino: https://www.bustacoin.com

[RHavar]

I'm very exited to announce my crowd sourced, licensed by bustabit, litecoin casino: https://www.bustacoin.com

It is worth noting, that "licensed by bustabit" is not an endorsement, just a copy of source code was given. I strongly discourage people from investing because of any association with bustabit.

[KloNEM]

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!

[RHavar]

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

[KloNEM]

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 ! ;-)

[Theb]

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.

[BTCevo]

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

[LEINADbtc]

Really wish you guys have eth,bch...
Not interested in paying over 10-15$ to gamble around 50$ 

Guess i'm gonna use those clones 

[KloNEM]

Well, lowering the fees is really great feature at bustabit v2, but unfortunately (at least for me) is it the only one. On the other side - weird dark design, repeatedly troubles with inputting values into fields (payouts, increase bet...whatever), (probably?) no bonuses in any games, etc ... sad at all.

Is there something like "original bustabit v1" clone somewhere over there ?

[Theb]

Well, lowering the fees is really great feature at bustabit v2, but unfortunately (at least for me) is it the only one. On the other side - weird dark design, repeatedly troubles with inputting values into fields (payouts, increase bet...whatever), (probably?) no bonuses in any games, etc ... sad at all.

Is there something like "original bustabit v1" clone somewhere over there ?

Well it does say that they are testing out the new version as it is there way to show that Daniel from bustadice is the new owner of busabit. Also the dark theme is not that bad compared to the original design, in fact I like the new one better although with flaws about some various fields it will be fixed with their tech support. It would just take time for you to be used to with the new user interface of the site.

[RGBKey]

Really wish you guys have eth,bch...
Not interested in paying over 10-15$ to gamble around 50$ 

Guess i'm gonna use those clones 

Bitcoin fees are extremely low right now, 2 sats per byte. You can send for pennies.

[Lionidas]

Well, lowering the fees is really great feature at bustabit v2, but unfortunately (at least for me) is it the only one. On the other side - weird dark design, repeatedly troubles with inputting values into fields (payouts, increase bet...whatever), (probably?) no bonuses in any games, etc ... sad at all.

Is there something like "original bustabit v1" clone somewhere over there ?

Well it does say that they are testing out the new version as it is there way to show that Daniel from bustadice is the new owner of busabit. Also the dark theme is not that bad compared to the original design, in fact I like the new one better although with flaws about some various fields it will be fixed with their tech support. It would just take time for you to be used to with the new user interface of the site.

Flaws from which fields?
As far as I can tell from using the new version of the site I have not run into any so far.
It runs just as the old one only a new interface is all I can tell really is the major difference.
They did have a way to switch between the wagering chart in the old one so maybe they will implement this feature some way in the future for the ones who do not like their change of style of the new site.
Overall I do like what I have experienced so far.

[devans]

I've put together a short overview of what's new in version 2 of bustabit in its new announcement thread. I'll post all news and future updates there as well.

[Timetwister]

I guess the summary is there are two types of bustabit players:
a) Those who play casually and against the house (and generally are bonus oblivious)
b) Those who play competitively for bonuses


libertynow with his bonus bot obviously belong to group b) and greatly benefits from playing against people in group a) (to their detriment).

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. )


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Anyway, nothing is going to be happening soon. So no need to panic. Just playing around with stuff to do my best to make everyone happy 

Did you end up creating that game?

[Vilrex]

can someone tell me if I invest on the bankroll with no leverage (only investing with onsite) what Kelly am I exposed to and how can I calculate it? also what is the Kelly if I where to use the offsite system as leverage?