eternalgloom
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July 17, 2018, 11:58:14 AM |
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Just a quick question. Do you also get instant withdraws when you win (and cash out) like 500 ETH or more? If not, I still imagine it doesn't take too long to process, since there's usually always someone online to help.
The CG blog and FAQ doesn't mention anything about extremely high value withdraws, so could it be that they're also instant?
It's not applicable to myself, but was just thinking that it would be great advertising, most other casino's would probably keep the money for a couple of days or have to manually verify it.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Lutpin
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Goodbye, Z.
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July 17, 2018, 02:19:23 PM Last edit: July 17, 2018, 02:30:41 PM by Lutpin Merited by eternalgloom (3) |
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Just a quick question. Do you also get instant withdraws when you win (and cash out) like 500 ETH or more?
The main limitation there is hot wallet size, big transactions like that can quickly reach the full amount of the available hot wallet (as the hot wallet size is limited for security reasons), and thus be delayed simply by the fact there aren't enough funds in the automatic system to be processed, which then needs manual interference of someone moving funds to refill the hot wallets. Determining the full hot wallet for most coins is hard, as all funds are spread over many different addresses, with ETH however, there is just one main address, so we can plot the balance of that one to guesstimate the "instantly available" funds. Doing so from block 1,012,078 (Feb 2016) results in the following graph: As you can see, at one point, there were almost 10k ETH in the hot wallet (though that spike is just short, as the funds of course were quickly moved into a more secure storage location). While that historic chart is nice to look at, it doesn't give us much information about the current situation (numbers from 2 years ago are kinda outdated, especially with all the price changes since). So let's zoom in a little, and look at a graph for the last 4 months: While the wallet balance fell below 100 ETH a few times, most of the time withdrawals of at least 200 ETH could be processed instantly from the available funds in the hot wallet, with there being at least 500 ETH or at least 1000 ETH available a fair amount of time as well. I have no way to know about Mayson's transactions, but I would guess the latest drop in hot funds from cca 450 to cca 50 comes from them withdrawing what they had won at one point. Which also means their withdrawals have been processed instantly from the hot wallet, but that is (as already mentioned) just a guess.
This post focuses only on the wallet based answer to your question and ignores manual checks and any other reason for transaction delays. It's not a complete answer and not the best one you can get, but I think it gives a fair estimate of what you were looking for. Also charts, because nerd loves charts <3
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thenerdyone314
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July 17, 2018, 03:09:12 PM Last edit: July 17, 2018, 03:35:58 PM by thenerdyone314 |
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Also charts, because nerd loves charts <3
(My first attempt at a shortened reply) Nerd does love his charts
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thenerdyone314
Jr. Member
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July 17, 2018, 03:19:19 PM |
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I just checked on mayson stats right now and it seems that he is on a losing streak which is cost 500 eth although he wagered like a lot. What a big whale you have there crypto-games They fell down the same hole as many a gambler and didn't quit while they were ahead. After 3 or 4 days of winning they were in profit +731 ETH an hour or so before that losing streak finally hit. He had an epic ride.. He recovered to 500-600 ETH profit multiple times after falling under 50-100 ETH profit, but for some reason he kept going Not to parade his losses, but if anyone is interested in watching the crazy ride he had and all the ups and downs of it, I do have most of it recorded live and screenshots of the rest. I could put together a video if people are interested in seeing it.
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DogecoinMachine (OP)
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www.Crypto.Games: Multiple Games, Multiple Coins
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July 17, 2018, 05:36:31 PM |
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I just checked on mayson stats right now and it seems that he is on a losing streak which is cost 500 eth although he wagered like a lot. What a big whale you have there crypto-games They fell down the same hole as many a gambler and didn't quit while they were ahead. After 3 or 4 days of winning they were in profit +731 ETH an hour or so before that losing streak finally hit. He had an epic ride.. He recovered to 500-600 ETH profit multiple times after falling under 50-100 ETH profit, but for some reason he kept going Not to parade his losses, but if anyone is interested in watching the crazy ride he had and all the ups and downs of it, I do have most of it recorded live and screenshots of the rest. I could put together a video if people are interested in seeing it. That would be awesome!¨please do And to answer eternalgloom question and confirm Lutpin's analysis: Yes, all withdrawals are processed instantly if the hot wallet contains enough funds to process the withdrawal, otherwise it takes between an hour to 10 hours to move funds from cold wallet. need to move some funds to cold now.
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thenerdyone314
Jr. Member
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July 18, 2018, 12:56:44 AM |
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I just checked on mayson stats right now and it seems that he is on a losing streak which is cost 500 eth although he wagered like a lot. What a big whale you have there crypto-games They fell down the same hole as many a gambler and didn't quit while they were ahead. After 3 or 4 days of winning they were in profit +731 ETH an hour or so before that losing streak finally hit. He had an epic ride.. He recovered to 500-600 ETH profit multiple times after falling under 50-100 ETH profit, but for some reason he kept going Not to parade his losses, but if anyone is interested in watching the crazy ride he had and all the ups and downs of it, I do have most of it recorded live and screenshots of the rest. I could put together a video if people are interested in seeing it. That would be awesome!¨please do Alright, I will see what I can do. Bear with me, as I am a n00b at videos and just downloaded a new video editing software, so I have to learn how to use it. Should have it up tomorrow hopefully.
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pinkflower
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July 18, 2018, 03:49:38 AM |
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Crypto-Games, how do you decide which cryptocurrencies to add on your site? Do the developers or the leaders of the project need to contact you in private and apply, or do you do it under your own due diligence? Ty.
we add those that we think will bring something to the website. Would you regard adding a small value, but unique, coin and with a growing community like Burst? It might be a good addition to your site and add value to it. I will leave this information for your consideration. General information- Name: Burst
- Ticker: BURST
- Number of decimals: 8
- Maximum supply: 2,158,812,800
- Algorithm: Proof-of-Capacity
- Release: no ICO, no premine
- Developers: PoC Consortium
Exchanges listed- bisq (P2P exchange): BURST/BTC
- Bittrex: BURST/BTC
- C-Cex: BURST/BTC, USD, LTC, Doge
- Coinroom: BURST/USD, EUR, PLN, GBP, NOK, CHF, CZK, DKK
- Indacoin: BURST/USD, EUR, RUB (Visa & MasterCard)
- Livecoin: BURST/BTC
- Poloniex: BURST/BTC
- UPbit: BURST/BTC
- xchange.me: BURST/BTC, ETH
More informationTechnical support / contact
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TheQuin
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July 18, 2018, 07:28:39 AM |
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Good looking banners. Just out of curiosity what is the "#1 BITCOIN AND ALTCOIN CASINO" claim based on?
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joter85
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July 18, 2018, 07:47:18 AM |
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Good looking banners. Just out of curiosity what is the "#1 BITCOIN AND ALTCOIN CASINO" claim based on?
Because we are the best? That is good enough for us.
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TheQuin
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July 18, 2018, 07:48:24 AM |
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Because we are the best? That is good enough for us.
I tend to agree. That LottoBot is on good form.
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DogecoinMachine (OP)
Legendary
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Activity: 2871
Merit: 1131
www.Crypto.Games: Multiple Games, Multiple Coins
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July 18, 2018, 07:49:13 AM |
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Because we are the best? That is good enough for us.
I tend to agree. For example - Largest crowdfunded site (currently 3500 BTC invested) - Largest Wagering contest each month - Best paying referral program for all players (25% of the house edge of every bet made by everyone you refer...FOREVER) - Highest faucet among all websites
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eternalgloom
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Activity: 1792
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July 18, 2018, 10:25:22 AM |
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Great looking banners, I'll use them under every Steemit post I make from now on, instead of the text ads that I used to use. Also, thanks for the graphs Lutpin, good to know that the ETH hot wallet usually holds enough funds to process big wins.
Also agree with CG being the best crypto casino, also one of the safest and most lucrative crypto investments for sure!
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thenerdyone314
Jr. Member
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Activity: 47
Merit: 6
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July 18, 2018, 09:44:38 PM Last edit: July 19, 2018, 02:36:16 AM by thenerdyone314 |
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I just checked on mayson stats right now and it seems that he is on a losing streak which is cost 500 eth although he wagered like a lot. What a big whale you have there crypto-games They fell down the same hole as many a gambler and didn't quit while they were ahead. After 3 or 4 days of winning they were in profit +731 ETH an hour or so before that losing streak finally hit. He had an epic ride.. He recovered to 500-600 ETH profit multiple times after falling under 50-100 ETH profit, but for some reason he kept going Not to parade his losses, but if anyone is interested in watching the crazy ride he had and all the ups and downs of it, I do have most of it recorded live and screenshots of the rest. I could put together a video if people are interested in seeing it. That would be awesome!¨please do Alright, I will see what I can do. Bear with me, as I am a n00b at videos and just downloaded a new video editing software, so I have to learn how to use it. Should have it up tomorrow hopefully. The quality of the video is pretty poor and my editing may not be the best, but here's what I got. https://youtu.be/PrXk8eGdFJoEDIT: Previous video cut off the sides. This one should be better: https://www.youtube.com/watch?v=wQ_2L1RbKFg
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DogecoinMachine (OP)
Legendary
Offline
Activity: 2871
Merit: 1131
www.Crypto.Games: Multiple Games, Multiple Coins
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July 19, 2018, 05:05:21 AM |
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I just checked on mayson stats right now and it seems that he is on a losing streak which is cost 500 eth although he wagered like a lot. What a big whale you have there crypto-games They fell down the same hole as many a gambler and didn't quit while they were ahead. After 3 or 4 days of winning they were in profit +731 ETH an hour or so before that losing streak finally hit. He had an epic ride.. He recovered to 500-600 ETH profit multiple times after falling under 50-100 ETH profit, but for some reason he kept going Not to parade his losses, but if anyone is interested in watching the crazy ride he had and all the ups and downs of it, I do have most of it recorded live and screenshots of the rest. I could put together a video if people are interested in seeing it. That would be awesome!¨please do Alright, I will see what I can do. Bear with me, as I am a n00b at videos and just downloaded a new video editing software, so I have to learn how to use it. Should have it up tomorrow hopefully. The quality of the video is pretty poor and my editing may not be the best, but here's what I got. https://youtu.be/PrXk8eGdFJoEDIT: Previous video cut off the sides. This one should be better: https://www.youtube.com/watch?v=wQ_2L1RbKFgWow Nice one, thank you
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kurian
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July 19, 2018, 10:27:54 AM |
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I just checked on mayson stats right now and it seems that he is on a losing streak which is cost 500 eth although he wagered like a lot. What a big whale you have there crypto-games They fell down the same hole as many a gambler and didn't quit while they were ahead. After 3 or 4 days of winning they were in profit +731 ETH an hour or so before that losing streak finally hit. He had an epic ride.. He recovered to 500-600 ETH profit multiple times after falling under 50-100 ETH profit, but for some reason he kept going Not to parade his losses, but if anyone is interested in watching the crazy ride he had and all the ups and downs of it, I do have most of it recorded live and screenshots of the rest. I could put together a video if people are interested in seeing it. That would be awesome!¨please do Alright, I will see what I can do. Bear with me, as I am a n00b at videos and just downloaded a new video editing software, so I have to learn how to use it. Should have it up tomorrow hopefully. The quality of the video is pretty poor and my editing may not be the best, but here's what I got. https://youtu.be/PrXk8eGdFJoEDIT: Previous video cut off the sides. This one should be better: https://www.youtube.com/watch?v=wQ_2L1RbKFgOh my God that's crazy.. 29000 ETH!!! Thank you for making the video. I wonder how much is the maximum win per bet on cryptogames. Looks like HighRollers are on fire these days...
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TheQuin
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July 19, 2018, 10:33:39 AM |
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Oh my God that's crazy.. 29000 ETH!!! Thank you for making the video. I wonder how much is the maximum win per bet on cryptogames. Looks like HighRollers are on fire these days... On dice the max win is currently 108.18 ETH but this one was playing roulette. The max roulette bet is 70 ETH so if you put that on a single number you would win 2,450 and then, of course, you can combine other bets on a single spin.
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DogecoinMachine (OP)
Legendary
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Activity: 2871
Merit: 1131
www.Crypto.Games: Multiple Games, Multiple Coins
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July 19, 2018, 11:58:53 AM |
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Oh my God that's crazy.. 29000 ETH!!! Thank you for making the video. I wonder how much is the maximum win per bet on cryptogames. Looks like HighRollers are on fire these days... On dice the max win is currently 108.18 ETH but this one was playing roulette. The max roulette bet is 70 ETH so if you put that on a single number you would win 2,450 and then, of course, you can combine other bets on a single spin. Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.
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TheQuin
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July 19, 2018, 12:27:36 PM |
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Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.
OK, I didn't find that in the FAQ, it just says you can bet between 0.0002 ETH and 70 ETH. What's the maximum for Bitcoin (just in case I ever run into it )?
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Lutpin
Copper Member
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Activity: 1876
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Goodbye, Z.
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July 19, 2018, 01:59:05 PM |
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Just to correct you about roulette. Maximum win per field is 50 ETH, but you can win more than 50 ETH in a single round if you f.e. bet on RED + Number 23, those are two fields and your max win will be 100 ETH.
OK, I didn't find that in the FAQ, it just says you can bet between 0.0002 ETH and 70 ETH. What's the maximum for Bitcoin (just in case I ever run into it)? 5 BTC per field (or to be more accurate per single type of bet, every stack of chips you place has their own max win), at which point you can start adding corners and splits, which count towards their own limit.
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