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Author Topic: ➫ ➬ ➫ ➬ LUCKYB.IT Classic ★★★ the oldest Bitcoin on-chain game ★★★  (Read 414822 times)
hanijackson
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December 05, 2014, 09:53:11 AM
Last edit: December 05, 2014, 10:03:12 AM by hanijackson
 #2041

Do you need any confirmations of your Bitcoin transaction to validate your bet and receive the payout ?
Depends on your transaction fee, LB's bet engine will decide for it, for example if that engine detects that your transaction fee is not standard so for sure it will wait for 1 confirmation then you will see your bet(s) are coming down else you will see your bets instantly.

Edit: LB sends back payouts instantly....sometimes it might takes seconds because payback engine could be busy with processing a lot of paybacks, but if you didn't see your bets for minutes... for example for more than 3-4 minutes you can get help by moderators and if moderators were not on the line, you can drop a quick text at support@luckyb.it, then they will handle it.
Buziss
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December 05, 2014, 10:32:22 AM
 #2042

nice to see some people hit high multiplier easily.

Just curious,
Is that possible if you lowering min bet ?
Let say min bet BTC 0.0005

What will be a direct impact because of that ?

The smaller the bet, the larger % the transaction fee will be.
You need to pay 0.0001 bitcoin for your bet, and another 0.0001 will be subtracted from your winning.

dbshck
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December 05, 2014, 11:19:35 AM
 #2043

nice to see some people hit high multiplier easily.

Just curious,
Is that possible if you lowering min bet ?
Let say min bet BTC 0.0005

What will be a direct impact because of that ?

The smaller the bet, the larger % the transaction fee will be.
You need to pay 0.0001 bitcoin for your bet, and another 0.0001 will be subtracted from your winning.

Offchain betting offer advantages for smaller bets I guess. Will luckybit implement offchain betting someday?

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Ume
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December 05, 2014, 11:23:00 AM
 #2044

Another great win on the high score list! vorpal bet 0.25BTC on yellow and hit x38, winning 9.5BTC!

Congratulations!

Congratulations Smiley
hanijackson
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December 05, 2014, 11:25:32 AM
 #2045

nice to see some people hit high multiplier easily.

Just curious,
Is that possible if you lowering min bet ?
Let say min bet BTC 0.0005

What will be a direct impact because of that ?

The smaller the bet, the larger % the transaction fee will be.
You need to pay 0.0001 bitcoin for your bet, and another 0.0001 will be subtracted from your winning.

Offchain betting offer advantages for smaller bets I guess. Will luckybit implement offchain betting someday?

We have answered this your question in our FAQ too.

Yes, we will.
Ume
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December 05, 2014, 11:31:32 AM
 #2046

nice to see some people hit high multiplier easily.

Just curious,
Is that possible if you lowering min bet ?
Let say min bet BTC 0.0005

What will be a direct impact because of that ?

lowering amount to 0.0005 btc means that you sucked up Tongue coz when you bet 0.0001(fee) cut out and when lb pays again the fee`s paid so you wont win anything unless you got big multiplier`x
LitecoinBoss
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December 05, 2014, 11:34:47 AM
 #2047

Do you need any confirmations of your Bitcoin transaction to validate your bet and receive the payout ?

I think every site have to confirm every transaction.

Buziss
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December 05, 2014, 11:41:16 AM
 #2048

nice to see some people hit high multiplier easily.

Just curious,
Is that possible if you lowering min bet ?
Let say min bet BTC 0.0005

What will be a direct impact because of that ?

The smaller the bet, the larger % the transaction fee will be.
You need to pay 0.0001 bitcoin for your bet, and another 0.0001 will be subtracted from your winning.

Offchain betting offer advantages for smaller bets I guess. Will luckybit implement offchain betting someday?

We have answered this your question in our FAQ too.

Yes, we will.

Good to know that. It will be a win-win situation for both Luckybit and its users IMO.
For its users, they will just need to pay a 0.0001 for their deposits and withdrawals, instead of 2* 0.0001 for every single bet.
And as a result, they should be more willing to make more bets, increasing the wagered amount and hence LB's profit.

coingamblingreviews
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December 05, 2014, 01:39:20 PM
 #2049

Do you need any confirmations of your Bitcoin transaction to validate your bet and receive the payout ?

I think every site have to confirm every transaction.

Not all sites. Some let you play without any confirmations but require a confirmation to do a withdraw...

enryk
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December 05, 2014, 01:40:39 PM
 #2050

nice to see some people hit high multiplier easily.

Just curious,
Is that possible if you lowering min bet ?
Let say min bet BTC 0.0005

What will be a direct impact because of that ?

The smaller the bet, the larger % the transaction fee will be.
You need to pay 0.0001 bitcoin for your bet, and another 0.0001 will be subtracted from your winning.

Offchain betting offer advantages for smaller bets I guess. Will luckybit implement offchain betting someday?

We have answered this your question in our FAQ too.

Yes, we will.

Good to know that. It will be a win-win situation for both Luckybit and its users IMO.
For its users, they will just need to pay a 0.0001 for their deposits and withdrawals, instead of 2* 0.0001 for every single bet.
And as a result, they should be more willing to make more bets, increasing the wagered amount and hence LB's profit.

How exactly will that work? Wouldn't there be a risk of people double spending their coins, and take advantage of that?

stingleword
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December 05, 2014, 07:54:39 PM
 #2051

Good to know that. It will be a win-win situation for both Luckybit and its users IMO.
For its users, they will just need to pay a 0.0001 for their deposits and withdrawals, instead of 2* 0.0001 for every single bet.
And as a result, they should be more willing to make more bets, increasing the wagered amount and hence LB's profit.
How exactly will that work? Wouldn't there be a risk of people double spending their coins, and take advantage of that?
Most offchain sites require your deposits to have confirmations before you can withdraw and will invalidate bets made against doublespent funds. Lucky Bit will surely take the appropriate precautions.

Crypto is dead, its community is a series of bad jokes.
Varicon
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December 06, 2014, 09:18:34 AM
 #2052

This website has been nominated for the Bitcoin gambling awards 2014. Please show your support for this website if it's your choice when it comes to Bitcoin gambling! Good luck!
Babba D
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yes my email is 49kasimk@gmail.com


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December 06, 2014, 09:53:51 AM
 #2053

will i ever win 999x Tongue i think not in this life Tongue

hanijackson
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December 06, 2014, 11:41:08 AM
 #2054

This website has been nominated for the Bitcoin gambling awards 2014. Please show your support for this website if it's your choice when it comes to Bitcoin gambling! Good luck!

Thank you so much for supportin' us <3
MICRO
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December 06, 2014, 01:11:19 PM
 #2055

This website has been nominated for the Bitcoin gambling awards 2014. Please show your support for this website if it's your choice when it comes to Bitcoin gambling! Good luck!

Thank you so much for supportin' us <3

If there wasn't primedice , luckyb.it would be my choice Smiley .

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● OVER 1000 GAMES
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JLynn171
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December 06, 2014, 04:49:12 PM
 #2056

This website has been nominated for the Bitcoin gambling awards 2014. Please show your support for this website if it's your choice when it comes to Bitcoin gambling! Good luck!

Thank you so much for supportin' us <3

If there wasn't primedice , luckyb.it would be my choice Smiley .

and if there wasnt a luckyb.it primedice woulda been my choice :-P
-Girlscout
Gmaster1
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December 06, 2014, 09:12:36 PM
 #2057

Luckybit is my choice. But I cant even vote yet.  Cry
-Gm
sherbyspark
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December 06, 2014, 09:21:44 PM
 #2058

Luckybit is my choice. But I cant even vote yet.  Cry
-Gm
What do you mean? Is it because your account is currently a newbie?
Gmaster1
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December 06, 2014, 09:27:18 PM
 #2059

Luckybit is my choice. But I cant even vote yet.  Cry
-Gm
What do you mean? Is it because your account is currently a newbie?

pretty much. im just more active and interested in live chats than forums.
BRE
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December 06, 2014, 09:45:51 PM
 #2060

Luckybit is my choice. But I cant even vote yet.  Cry
-Gm
What do you mean? Is it because your account is currently a newbie?

pretty much. im just more active and interested in live chats than forums.

Yes Gm is newbie in this forum , but he was the oldest regular user in LuckyBit .
Well he was not active in this forum , but i believe he will from now .
Go Go Gm Post !  Grin

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