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Author Topic: ★FastBets.io - A New Way to Gamble ★  (Read 58612 times)
cazkooo
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March 16, 2015, 10:56:42 PM
 #301


And finally … the special bonus giveaway for high rollers! We're offering 0.1btc to the first three players who can hit the maximum win limit on Double or Nothing! Place a bet of 0.01 BTC or more, and hit a long winning streak (around 8-12 wins, depending on your bet size and our current bankroll)

what is the current bankroll for now, I seems to be cant find this info and whats the max bet ? how many win will I need if i place a bet of 0.1 btc?
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FastSlots (OP)
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March 16, 2015, 11:07:16 PM
 #302


And finally … the special bonus giveaway for high rollers! We're offering 0.1btc to the first three players who can hit the maximum win limit on Double or Nothing! Place a bet of 0.01 BTC or more, and hit a long winning streak (around 8-12 wins, depending on your bet size and our current bankroll)

what is the current bankroll for now, I seems to be cant find this info and whats the max bet ? how many win will I need if i place a bet of 0.1 btc?

Hi cazkooo. The bankroll in our hot wallet is currently about 7.76 bitcoin. Our max win protection kicks in when you are about to win 40% of our bankroll in a single bet, so that should be a winning streak of about 4 or 5 wins. Good luck!
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March 16, 2015, 11:15:16 PM
 #303


And finally … the special bonus giveaway for high rollers! We're offering 0.1btc to the first three players who can hit the maximum win limit on Double or Nothing! Place a bet of 0.01 BTC or more, and hit a long winning streak (around 8-12 wins, depending on your bet size and our current bankroll)

what is the current bankroll for now, I seems to be cant find this info and whats the max bet ? how many win will I need if i place a bet of 0.1 btc?

Hi cazkooo. The bankroll in our hot wallet is currently about 7.76 bitcoin. Our max win protection kicks in when you are about to win 40% of our bankroll in a single bet, so that should be a winning streak of about 4 or 5 wins. Good luck!

Wait, I forgot to take into account that the max bet size is 0.04bitcoin. So your gonna need a winning streak of 6 or 7. Our protection system is dynamic to the wins and losses that take place all the time, so the precise number will vary.
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March 17, 2015, 05:27:15 PM
 #304








Just a quick reminder that there are only three days left in our competition. It works like this: The user that hits the longest winning streak on Double or Nothing till next Friday (20th of March) wins. Simple :-)

Example: Joe bets on green, result is green; he then bets on red, result is red; he bets on green again, the result is green. That’s a winning streak of length 3.

The prizes are:
  • 1. Place: 0.1 bitcoin
  • 2. Place: 0.04 bitcoin
  • 3. Place: 0.02 bitcoin

Here are the rules in detail:
  • You have to be a registered FastSlots user to participate.
  • Your bet size must be at least 0.00001btc.
  • When you hit a winning streak, take a screenshot and post it to this thread (you have to post a screenshot to be eligible for the prize). Please make sure that bet size and win are visible.
  • The price will be awarded to the first user that hits a streak of a certain length. For example if Alice hits a streak of length 8 on day 1, Bob hits a streak of length 9 on day 2, and Charlie hits a streak of length 9 on day 3, then Bob is first, Charlie is second, and Alice is third. We consider the point in time that the screenshot is posted.
  • The competition ends on Friday 20th of March, 11.59pm GMT

And finally … the special bonus giveaway for high rollers! We're offering 0.1btc to the first three players who can hit the maximum win limit on Double or Nothing! Place a high bet and hit a long winning streak. When you see a warning that you have hit the win limit take a screenshot. Post the screenshot here, and we'll send 0.1 BTC right to you!

You can find the current leaderboard below. Good luck everybody! In case you have any questions just email me (henry@fastslots.co) or post to the thread.







funtotry
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March 17, 2015, 08:12:43 PM
 #305

Deposited 0.04 btc, got down to 0.02 but got VERY lucky on bonusdice and got to 0.05. Had lots of fun, well worth my gained ~3$!
Had no luck on double or nothing, tried to get a big streak but didn't get very far.

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March 17, 2015, 10:10:02 PM
 #306

Deposited 0.04 btc, got down to 0.02 but got VERY lucky on bonusdice and got to 0.05. Had lots of fun, well worth my gained ~3$!
Had no luck on double or nothing, tried to get a big streak but didn't get very far.

Hey Funtotry, I'm happy to hear you had a good time.

By the way, I've noticed that there have been several users trying to get the 0.1 bitcoin in the high rollers in the competition (see below). We've had some near misses but no one has been successful so far. I think that for people that are happy to gamble at higher stakes the high roller competition should be quite attractive. Without the competition the house edge of Double or Nothing is at just 1%. Taking the competition into account, its even lower...
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March 17, 2015, 10:22:54 PM
 #307



The bankroll in our hot wallet is currently about 7.76 bitcoin. Our max win protection kicks in when you are about to win 40% of our bankroll in a single bet, so that should be a winning streak of about 4 or 5 wins. Good luck!


Wait, I forgot to take into account that the max bet size is 0.04bitcoin. So your gonna need a winning streak of 6 or 7. Our protection system is dynamic to the wins and losses that take place all the time, so the precise number will vary.


0.04 bet size to actually hit 6-7 streaks with the 0.1 prize is a bit hard to achieve, well I tried 0.01 BTC to actually reach the highest streak event and I was always busted at 5-6x streak, let alone someone manage to get #1 and #2 with 9 and 8 streak is very lucky guy indeed
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March 17, 2015, 10:37:57 PM
 #308



The bankroll in our hot wallet is currently about 7.76 bitcoin. Our max win protection kicks in when you are about to win 40% of our bankroll in a single bet, so that should be a winning streak of about 4 or 5 wins. Good luck!


Wait, I forgot to take into account that the max bet size is 0.04bitcoin. So your gonna need a winning streak of 6 or 7. Our protection system is dynamic to the wins and losses that take place all the time, so the precise number will vary.


0.04 bet size to actually hit 6-7 streaks with the 0.1 prize is a bit hard to achieve, well I tried 0.01 BTC to actually reach the highest streak event and I was always busted at 5-6x streak, let alone someone manage to get #1 and #2 with 9 and 8 streak is very lucky guy indeed

Hi shulio. If we had no house edge the chance of getting a 6-streak would be 1 in 64: to get a streak of length 1 your chances are 1 in 2 (or 50%); length 2 is half that chance, that is 1 in 4 (or 25%); length 3 is 1 in 8 (or 12.5%),  ... length 6 is 1 in 2^6 which is 1 in 64 (or 1.56%).

If you take our house edge of 1% into account then the same calculation gives you that your chances are 0.495^6 which is 1.47%. That's your chance of hitting it in one try, if you continue to try the chances are much higher.

But as you know, probability can be a b**ch: If you're unlucky you could try forever and fail. If you are lucky you might hit it quite quickly. When we launched the competition Jaaawsh posted a 5-streak within minutes...

FastSlots (OP)
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March 18, 2015, 10:32:55 PM
 #309





Just a reminder: We are hosting a competition where you can win a prize for hitting a winning streak in Double or Nothing.

The longest streak that has been hit so far was of length 9 by somuchee. No one has claimed the prize for high rollers yet. If you like to gamble at higher stakes you should give it a shot as there are 0.3 bitcoin in unclaimed prize money up for grabs! All details here.

Good luck everyone.
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March 19, 2015, 04:47:37 PM
 #310





We have a new entrance to the leaderboard on our Double or Nothing competition. The user Lite just posted a winning streak of length 9! That gets him into position 3 and he is not on track to win 0.02 bitcoin.

I'm wondering whether someone will be able to hit a streak of length 10. If you can make it you'll be very likely to win the overall competition and take home a sweet 0.1 bitcoin. Anyone up for the challenge?

All the details for the competition can be found here.
MarkMJ
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March 19, 2015, 05:41:40 PM
 #311

Hello,

After I make a deposit to this game more exactly at chart'bet I has very angry,but WHY?
So after you will click buy,I also click buy to all 3,all 3 they have done nothing but to decline to take my turn in continuous balance that I had
After 20 min the game tells me so,take a walk
This game in SCAM in my opinion, sorry for saying but this is the truth.
All 20 min I was only with - - - - - take a walk.

I'm RED and that's GOOD, i will never be GREEN and that's not BAD! there's no one i'd rather be than me.
DEV for cryptocurrency but I HATE forks
FastSlots (OP)
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March 19, 2015, 06:16:11 PM
 #312

Hello,

After I make a deposit to this game more exactly at chart'bet I has very angry,but WHY?
So after you will click buy,I also click buy to all 3,all 3 they have done nothing but to decline to take my turn in continuous balance that I had
After 20 min the game tells me so,take a walk
This game in SCAM in my opinion, sorry for saying but this is the truth.
All 20 min I was only with - - - - - take a walk.

Hi. Really sorry you had a bad experience. I'm currently on the road but will sort this out as soon as possible (few hours max).
Tongkar
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March 19, 2015, 11:07:08 PM
 #313

Has anyone ever won a decent amount playing chart bet?
FastSlots (OP)
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March 19, 2015, 11:13:16 PM
 #314

Hello,

After I make a deposit to this game more exactly at chart'bet I has very angry,but WHY?
So after you will click buy,I also click buy to all 3,all 3 they have done nothing but to decline to take my turn in continuous balance that I had
After 20 min the game tells me so,take a walk
This game in SCAM in my opinion, sorry for saying but this is the truth.
All 20 min I was only with - - - - - take a walk.

Hi. Really sorry you had a bad experience. I'm currently on the road but will sort this out as soon as possible (few hours max).

Hey MarkMJ, just reached out by pm so that we can get this sorted...
FastSlots (OP)
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March 19, 2015, 11:20:29 PM
 #315

Has anyone ever won a decent amount playing chart bet?

Hey Tongkar, a lot of people have made quite sizeable wins on chart bet. You don't have to take my word for it, it's a provably fair game with a house edge of 0.2%.

It's a bit tough to be called a scammer here to be honest. If you look at our casino you will notice that we have put a lot of work and love into it. We would be idiots if we were to scam people now. You can also look at the comments in this thread and you will notice that we have a lot of very happy customers.

I have looked into MarkMJ account and could not find any irregularities. I have reached out to him by pm and I'm sure we can figure out what happened and come to a solution that everybody is happy with.
MarkMJ
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March 20, 2015, 04:58:56 AM
 #316

I have looked into MarkMJ account and could not find any irregularities. I have reached out to him by pm and I'm sure we can figure out what happened and come to a solution that everybody is happy with.

You looked into WHAT?!
This is my solution
I just fucking waste 6 hours to show you that the system is fucked up
I lost to this krap about 6 hours and you can see,
You will never get the amount that you bet,let's say you bet 0.01 you will never reach 0.01000001,you will get only 0.00999999 and so,
Also not fair because if you make refresh (because you need to do) you will lose more
You need to make refresh because the chart will stop in one or 2 hours
But check what happens after I sell the yellow.
I DO NOT RECOMMEND THIS WEBSITE.
You can check some prof.

















(because you need to do)





This is not BAD luck,this is SCAM.

I'm RED and that's GOOD, i will never be GREEN and that's not BAD! there's no one i'd rather be than me.
DEV for cryptocurrency but I HATE forks
edmundduke
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March 20, 2015, 07:22:43 AM
 #317

I have played the chart bet and i tripled my original deposit in under 10 minutes. I also had a look at the provably fair and all looks ok.
I know other players who have also won a decent amount from the charts game.
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March 20, 2015, 07:56:12 AM
Last edit: March 20, 2015, 10:05:01 AM by FastSlots
 #318

I have looked into MarkMJ account and could not find any irregularities. I have reached out to him by pm and I'm sure we can figure out what happened and come to a solution that everybody is happy with.

You looked into WHAT?!
This is my solution
I just fucking waste 6 hours to show you that the system is fucked up
I lost to this krap about 6 hours and you can see,
You will never get the amount that you bet,let's say you bet 0.01 you will never reach 0.01000001,you will get only 0.00999999 and so,
Also not fair because if you make refresh (because you need to do) you will lose more
You need to make refresh because the chart will stop in one or 2 hours
But check what happens after I sell the yellow.
I DO NOT RECOMMEND THIS WEBSITE.
You can check some prof.
...

tldr: MJ played at FastSlots, lost it all, complained in the forum that we are a scam; I looked into it, found no problem on our side and that he had just lost his 0.04 btc deposit; I gave him a full refund nonetheless, asking him to tone it down; He takes the refund, looses it all again, makes above post.

I'd really like for everybody to know what is going on here. MarkMJ came to our site yesterday, played some chart bet on the free account and raked in a small profit going from 1000 satoshi to 1112. He then decided to to make a deposit of 0.04 Bitcoin, played, and lost it all. In my mind there would be two possible next actions:
1) Accept that in gambling there is the possibility of losing money, take the loss like a man, and hope for better days.
2) If I'm really suspicious I'd pm the op to see what is going on.

MarkMJ opted for possibility 3: Post to the forum thread in big red font that the site is a scam. I subsequently made a quick post to the forum and got in touch with him by pm. He told me by email that he would remove his comments if I were to give him a refund (that is what is called extortion). I looked into our db very closely and convinced myself that it was in fact only bad luck. We have a provably fair system where every step can be checked. It turns out that there was no bug on our side and that MJ was just really unlucky. I felt really bad for the guy so I gave him a full refund. In exchange I had asked him to tone down his comments in the thread.

At this point if I were in his position there's really only one option, take my money and go my way (consider that MarkMJ was convinced to be playing in a rigged casino). But not for MJ. He proceeded to continue gambling at FastSlots, and to loose it all again. Then goes on to make the above post using even bigger red font (I removed that part from my quote).

I really don't know what his problem is, will contact mods now.

For everybody else: Chart Bet is a provably fair game with a house edge of 0.2%. You do not have to take my word on this, just look at the provably fair mechanism.


EDIT: So apparently MarkMJ just got 6 hours of gambling out of 0.04 Bitcoin and complained. Don't know what to say...
 
FastSlots (OP)
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March 20, 2015, 08:19:21 AM
Last edit: March 20, 2015, 08:38:22 AM by FastSlots
 #319

I have played the chart bet and i tripled my original deposit in under 10 minutes. I also had a look at the provably fair and all looks ok.
I know other players who have also won a decent amount from the charts game.

Thanks a lot Edmund. We've had a lot of happy customers. No one has called us a scam before. Here are two reasons why it is very obvious that we are not:

a) We are provably fair. This means that the sort of cheating that MJ is accusing us of is simply not possible.

b) Even if you do not trust provably fairness, try to think about how to set up a rigged casino. You'd probably do something like this: You buy a script from someone. You tweak the code so that it's rigged (very easy). Then you buy lots of adds to get as many people to participate in your scam as possible.

Now look at what we did. We coded everything ourselves. We really tried very hard to come up with some innovative games like Chart Bet, Double or Nothing, or Bonus Dice. We've spent a lot of time and money developing our own design language, finding good sounds, etc. We have engaged with the community (see this thread). We have still not spent money on ads bc I have this weird thought that a casino that grows organically could offer a far better house edge to players.

If we were a scam, we'd be like the most inefficient scam in the history of mankind.
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March 20, 2015, 02:05:39 PM
 #320

I have looked into MarkMJ account and could not find any irregularities. I have reached out to him by pm and I'm sure we can figure out what happened and come to a solution that everybody is happy with.

You looked into WHAT?!
This is my solution
I just fucking waste 6 hours to show you that the system is fucked up
I lost to this krap about 6 hours and you can see,
You will never get the amount that you bet,let's say you bet 0.01 you will never reach 0.01000001,you will get only 0.00999999 and so,
Also not fair because if you make refresh (because you need to do) you will lose more
You need to make refresh because the chart will stop in one or 2 hours
But check what happens after I sell the yellow.
I DO NOT RECOMMEND THIS WEBSITE.
You can check some prof.
...

tldr: MJ played at FastSlots, lost it all, complained in the forum that we are a scam; I looked into it, found no problem on our side and that he had just lost his 0.04 btc deposit; I gave him a full refund nonetheless, asking him to tone it down; He takes the refund, looses it all again, makes above post.

I'd really like for everybody to know what is going on here. MarkMJ came to our site yesterday, played some chart bet on the free account and raked in a small profit going from 1000 satoshi to 1112. He then decided to to make a deposit of 0.04 Bitcoin, played, and lost it all. In my mind there would be two possible next actions:
1) Accept that in gambling there is the possibility of losing money, take the loss like a man, and hope for better days.
2) If I'm really suspicious I'd pm the op to see what is going on.

MarkMJ opted for possibility 3: Post to the forum thread in big red font that the site is a scam. I subsequently made a quick post to the forum and got in touch with him by pm. He told me by email that he would remove his comments if I were to give him a refund (that is what is called extortion). I looked into our db very closely and convinced myself that it was in fact only bad luck. We have a provably fair system where every step can be checked. It turns out that there was no bug on our side and that MJ was just really unlucky. I felt really bad for the guy so I gave him a full refund. In exchange I had asked him to tone down his comments in the thread.

At this point if I were in his position there's really only one option, take my money and go my way (consider that MarkMJ was convinced to be playing in a rigged casino). But not for MJ. He proceeded to continue gambling at FastSlots, and to loose it all again. Then goes on to make the above post using even bigger red font (I removed that part from my quote).

I really don't know what his problem is, will contact mods now.

For everybody else: Chart Bet is a provably fair game with a house edge of 0.2%. You do not have to take my word on this, just look at the provably fair mechanism.


EDIT: So apparently MarkMJ just got 6 hours of gambling out of 0.04 Bitcoin and complained. Don't know what to say...
 

Should not have given him anything. You are a reputable enough casino and people were standing up for you. All you had to do was stand up for yourself as well, but now you've shown that all people have to do is bitch after they lose and call you scam and you'll give their money back. This is gambling. The site is provably fair. They don't get a penny back!
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