BitPots.Com - A whole new game - Low Fees & New Game - Pot Gambling!

[Bitpot]

http://bitpots.com/LogoTall.png

BitPots.Com

BitPots is a brand new Gambling Site & Game!
We offer the ability to gamble against other players in timed pots, in which your chance to win is exactly the percent of the pot you own/have deposited.

• No Maximum Profit!
• Instant(4 confirms) Deposit and Withdrawal
• No Limits for Deposit/Withdraw
• Fast, Easy To Use, Clean Design
• No House Edge, Small Deposit Fee
• iPad, iPhone, Android Friendly

BitPots.Com


How to Play?

Step 1: First you need to register and set up your BitPots account, which you can access by clicking register on the top right-hand corner of the website.
Step 2: Once you have an account, you need to deposit some funds. Simply click Deposit in the top right-hand corner, after logging in, and send money to the displayed address.
Step 3: Return to the main page, and deposit into the pots. Your chance to win is proportional to the percentage of the pot you own.
Step 4: When you want to withdraw funds, click Withdraw in the top right-hand corner of the website. Enter your address, and the amount you wish to withdraw.

FAQ

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[hobala]

What is this?? Can u explain how to play this game..

[Bitpot]

I updated the main post with further instructions, and added a link to the FAQ. If you have any questions, post here or email us at bitpotsofficial@gmail.com .

[omahapoker]

just to let you know I signed up just now and got your email in my gmail spam folder. why is that?

[caga]

Its not really clear on how to play the game. You might want to update the site with a more descriptive explanation for playing the game. What does the time mean, below the 3 pots?

[rogerdonkey]

Its not really clear on how to play the game. You might want to update the site with a more descriptive explanation for playing the game. What does the time mean, below the 3 pots?

Agree we need know how to play this game and what benefit this game

[Bitpot]

Thanks for the tip --- I'll be getting our devs on this snap.

EDIT: I've created a more indepth page here: http://bitpots.com/htp.php
If that hasn't done the trick, can you guys tell me what you don't understand? --Thanks.

[elm]

guys send the coins first and ask later  

no house edge lol only 5% fee..............

[omahapoker]

I asked why i got verfy in gmail spam folder and no answer. thats strike 2

[Bitpot]

As it stands, I don't know why the verification email goes to spam. I'm having a server specialist come in and setup a mailserver for us tomorrow.

[Loophole]

So it is a lottery type of game, and the only winner will be able to get 95% of the pool, right?
But I can't find how the winner is determined.

[Bitpot]

We take 5% when you deposit it into the site, after that we take no more fees. The winner is determined by the following process:
Say player #1 puts in 10 BTC, #2 5 BTC and #3 15 BTC.
#1 owns 33.3% of the pot.
#2 owns 16.6% of the pot.
#3 owns 50% of the pot.
And they have these chances to win:
#1: 33.3%
#2: 16.6%
#3: 50%

[Chemistry1988]

We take 5% when you deposit it into the site, after that we take no more fees. The winner is determined by the following process:
Say player #1 puts in 10 BTC, #2 5 BTC and #3 15 BTC.
#1 owns 33.3% of the pot.
#2 owns 16.6% of the pot.
#3 owns 50% of the pot.
And they have these chances to win:
#1: 33.3%
#2: 16.6%
#3: 50%

Say like in your example, there are only three persons playing and they have a 33.3%, 16.6%, 50% chance to win respectively.
What are you going to do exactly to determine the winner? Is the process provably fair?

[Bitpot]

At the end of the timer, a random BTC amount is generated between 0-and the total balance of the pot. If that numbers falls within the amount between the balance before and after you deposited, you win.
Example:
Player #1 deposits 0.1 BTC.
Player #2 deposits 0.6 BTC.
Player #3 deposits 0.3 BTC.
Player #1 deposits 1 BTC.
The tally is 2 BTC, and so a random 8 decimal precision number is generated between 0-2. Say that number is 0.45682849.
Player #1: 0-0.1
Player #2: 0.1-0.7
Player #3: 0.7-1
Player #1: 1-2
Player #2 wins.
I did some research into being provably fair, My developer made it use a cryptographically secure php function to generate that number.

[s1ng]

Hmm.. it seems just like lottery

And min withdraw and min. deposit ?

what is the different between 1-hour, 12-hour, and 24-hour pots. ??

[Chemistry1988]

what is the different between 1-hour, 12-hour, and 24-hour pots. ??

I believe the lottery will be drawn once every 1 hour, 12 hours and 24 hours respectively for the 3 games.

[elm]

We take 5% when you deposit it into the site, after that we take no more fees. The winner is determined by the following process:
Say player #1 puts in 10 BTC, #2 5 BTC and #3 15 BTC.
#1 owns 33.3% of the pot.
#2 owns 16.6% of the pot.
#3 owns 50% of the pot.
And they have these chances to win:
#1: 33.3%
#2: 16.6%
#3: 50%

please explain ELI5

[s1ng]

what is the different between 1-hour, 12-hour, and 24-hour pots. ??

I believe the lottery will be drawn once every 1 hour, 12 hours and 24 hours respectively for the 3 games.

I see,
so if I want to see a winner quickly,
I just deposit at 1 hour pots

We take 5% when you deposit it into the site, after that we take no more fees. The winner is determined by the following process:
Say player #1 puts in 10 BTC, #2 5 BTC and #3 15 BTC.
#1 owns 33.3% of the pot.
#2 owns 16.6% of the pot.
#3 owns 50% of the pot.
And they have these chances to win:
#1: 33.3%
#2: 16.6%
#3: 50%

please explain ELI5

total amount to that pot was BTC 30 (10+5+15)

so the chance of winning for:
 
owner #1 : 10/30 = 1/3 = 33%
owner #2 : 5/30 = 1/6 = 16.6%
owner #3 : 15/30 = 1/2 = 50%

[Bitpot]

@s1ng It's a lottery funded by our fellow gamblers. No minimum withdrawal. Minimum deposit is 0.0002, as that is the blockchain transaction fee.
@s1ng Yes, if you want faster, lower winnings, go for the smaller pots. The long ones tend to accumulate more, though.

@Chemistry1988 Correct.

@elm What is ELI5?

[LitecoinBoss]

May I know what is the minimum withdrawal and deposit? How much time would it take for both?