I looked at the All-Time Big Wins list, saw plenty of big winners and thought that was cool. So I looked at the Transaction ID's and looked through some of the wallets. I started getting really confused and sort of feel dumb right now. I can't really figure out whats going on with the bets. I guess I don't know how these sites that take bets over the Blockchain work. Or maybe something fishy is going on, cause I can't imagine a site not many have heard of could payout such huge wins. And I would like to just sort of learn something today.
If anyone can enlighten me with what I see, please let me know. I'm just curious.
So, look at this bet, its the 5th .4btc bet on the Big-Wins list:
The bet comes from
https://blockchain.info/address/1Kgt9HzZ64Qq5H2VQjdqpQ6e4EnurJyN73, but its showing the bettor sent his whole balance of 8.26139 BTC to the website. Then received 25.21389 BTC back from the bet like it sort of shows on the website, but it's different. But then the bettor sends back all of the 25.21389BTC back to the website? I didn't get it on the SS, but after the shown transactions below, he receives 0.00139BTC from SatoshiBones and then sends it back to the website. Blockchain does show he did receive a total of 33.47667 BTC and has a final balance of 0BTC over 6 transactions:
So did this bettor really receive a total of 33.47BTC (his initial 8 and the winning 25) and send it all to SatoshiBones where the max bet is only 2BTC? I'm so confused.
Then if you look at the wallet that sent him the initial 8.26139BTC
https://blockchain.info/address/166AVak5TRRzig7wrrLecHGLiQV7svZRGF, that wallet was given an initial 8.66239BTC before sending it to SatoshiBones and the bettor's wallet that we see in the initial bet.
If anyone could just explain this to me, that'd be cool. I am just really confused and want to know whats going on since I wasted 10 minutes trying to figure out what the hell is happening with these bets and transactions and how they relate to that website.