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Author Topic: bustabit.com -- The Social Gambling Game  (Read 293938 times)
espringe (OP)
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July 25, 2014, 04:52:58 AM
Last edit: December 21, 2016, 02:15:14 AM by espringe
Merited by ankit10 (1)
 #1

bustabit.com
 


Bustabit a social bitcoin gambling game in which you place a bet and cash out before the the bust event. All games are generated from provably fair distribution, and includes both a skill and luck element. In it's almost year of operation, it has become one of the most popular bitcoin gambling games, reliably handling  thousands of bitcoins in withdrawals, deposits and winnings
FanEagle
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July 25, 2014, 01:50:17 PM
 #2

it's very very interesting concept, I will write a review very soon about it, it's very funny tho.
BitBerau
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July 25, 2014, 06:38:43 PM
Last edit: July 25, 2014, 06:50:33 PM by BitBerau
 #3

it's very very interesting concept, I will write a review very soon about it, it's very funny tho.

becarefull play in here Cheesy
im just deposit 10000 bits
 
Game   Crashed At   Cashed Out   Profit
4 mins ago   10,000 bits   10,000.00   Lose   - 10,000.00
9 mins ago   + 133.07 10,000 bits   38,354.66   11,791.80     1,924.87

Just play 2 games,
1st i win Crashed At "38,354.66"
2nd lose Crashed At "10,000.00"  Huh  Huh  Huh i not believe hit 10,000,00 Cheesy
https://www.moneypot.com/game/163325

maybe just unlucky..

N The End Play in here.. Cheesy
GoldGamingLTD
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July 25, 2014, 06:44:24 PM
 #4

SHIT , YOUR SITE IS SHIT
anshar
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July 25, 2014, 07:15:15 PM
 #5

SHIT , YOUR SITE IS SHIT

don't flaming in this thread
Dread Pirate Roberts
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July 25, 2014, 07:56:42 PM
 #6

interested for killing time haha . maybe need some design
and more feature
good luck with your website . and this instant cash out or ?
BitBerau
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July 25, 2014, 08:06:07 PM
 #7

interested for killing time haha . maybe need some design
and more feature
good luck with your website . and this instant cash out or ?

i think instant  Wink

he need custome bits, not just 1, 100, 10000, and 100000 bits..
maybe user can custome amount bet in bits..

HOPE history bets and chat make 1 page.
so i can chat and look history bets  Wink
GoldGamingLTD
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July 25, 2014, 08:36:01 PM
 #8

GATHERS USERS INFO AND STEALS IT
espringe (OP)
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July 26, 2014, 03:26:11 AM
 #9

maybe just unlucky..

Unfortunately so. It's not quite as rare as you would imagine. The independent probability of this occurring is precisely 1% -- but as you mentioned, you did play a few games before such event happened.  In the FAQ and strategy guide, you'll find that referred to as the instant-crash. I've tried to give people some level of confidence that the game's are fair by sending the hashed outcome (and a hash of the seed used to make the output) -- which at least can demonstrate that the outcome of the game is 100% predetermined *before* anyone plays.

But I like to think, the best reason to think I'm not cheating -- is it's really not in my interest. I run this game completely transparently, using my real name (Eric Springer) and risk my reputation on it (which in turn, risks my ability to derive my livelihood living in a foreign country). And of course, if you run the maths on the house odds and statistics, I don't *need* to cheat -- the game always eventually works out in my favor. In fact, during the growth stage now -- I'd prefer to be making *nothing* to increase growth. (And in fact, feeding my profits into back into the game, via running some little promos)


Anyway, don't sweat it. The numbers and patterns can really get to your head. I had my own panic moment, when the house returns weren't matching what they should be. One of players was consistently beating the game -- the chance of them having such a return after so many games was less than 1 in a 1000. I was getting ready to halt game play while I did some thorough analysis -- but fortunately, I didn't. The guy kept playing, and sure enough the returns started trending back to the expected value.


Also, please ignore GoldGamingLTD -- he's a rather unsophisticated troll. If anyone has any legitimate concerns, please raise them!
jeffthebaker
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July 26, 2014, 08:19:24 AM
 #10

This is a very interesting concept. And the faucet means all can try Grin I'll be sure to give this a try when I get my hands on a computer
P509SHO
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July 26, 2014, 08:24:45 AM
 #11

your site so interesting. so funny  Cheesy

ssty
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July 26, 2014, 02:00:48 PM
 #12


https://www.moneypot.com/user/ssty

1Q7dWseeDDodkZCfXxutSn9cBJeeEMVcT8

thx
danneu
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July 27, 2014, 04:13:27 PM
 #13

Nice to see it finally launch, man.
sed
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July 28, 2014, 12:57:23 AM
 #14


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!
Minnlo
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July 28, 2014, 06:50:10 AM
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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!

It is not really a typo, as there were some heated discussion on introducing a new unit "bit" for 1 bit = 100 satoshi.
You can check http://www.reddit.com/r/Bitcoin/comments/1rmto3/its_bits/ and https://bitcointalk.org/index.php?topic=592691.0 for examples. Smiley

espringe (OP)
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July 28, 2014, 09:01:56 PM
 #16


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 =)
hosumfu
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July 29, 2014, 10:39:05 AM
 #17

can give some to try??
1C7VMBwL1DEnxGvEE9zPWkUgK4QiT6QrS8

my id is williamho
espringe (OP)
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July 29, 2014, 05:06:05 PM
 #18

can give some to try??
1C7VMBwL1DEnxGvEE9zPWkUgK4QiT6QrS8

my id is williamho

There's a builtin faucet, that gives out 2/bits an hour -- which is enough to play at the 1 bit table for a while =)

sed
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July 29, 2014, 05:27:13 PM
 #19


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.
izanagi narukami
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July 29, 2014, 05:57:38 PM
 #20


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.
i agree with Sed, i prefer using satosi rather than bit.
Bit can be represent as binary digit that can make someone confuse a bit for the first time player  Tongue
But if someone has familiar with your site, i think it's not a big deal.

Overall i like this betting site,simple, unique , attractive ,fun, and sometime made my heart beating so fast  Grin

Smiley
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