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Author Topic: SATOSHINONCE.COM ~ REAL TRANSPARENT BETS ON THE BLOCKCHAIN  (Read 3617 times)
satnonce (OP)
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November 20, 2014, 10:37:44 PM
Last edit: December 17, 2014, 01:29:37 AM by satnonce
 #1



a NEW WEBSITE is coming on the gambling scene: http://www.satoshinonce.com

THE MISSION:

ONLY  TRANSPARENT BETS ON THE BLOCKCHAIN
NO INTERNAL SOFTWARE TO ROLL DICE OR SPIN WHEELS BEHIND YOUR BACK!!!!

THE PRIZE:

WIN 35X YOUR BET IF YOU MATCH YOUR NONCE LAST 2 DIGITS (LUCKY NUMBER)

WIN 3.5X YOUR BET IF YOU MATCH ONLY 1 DIGIT OF THE LUCKY NUMBER

come and have a look: http://www.satoshinonce.com


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November 21, 2014, 04:27:30 AM
 #2

This is not good I think. you should provide a page for a personal account so that I can make a deposit before playing. and I do not need to make a deposit repeatedly
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November 21, 2014, 05:31:33 AM
 #3

for match 2 digit number, it's too hard for win.. maybe looks like lotto this game

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November 21, 2014, 05:34:29 AM
 #4

I like what the graphic designer has done! Cool looking site Smiley

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November 21, 2014, 06:20:57 AM
 #5

I like what the graphic designer has done! Cool looking site Smiley

Hey man, I noticed your username, do you have any site about coin gambling reviews?

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November 21, 2014, 12:10:28 PM
 #6

Its 1/100 chance to hit 50x and 1/10 chance for 3x. Isnt that a huge house edge?
satnonce (OP)
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November 21, 2014, 03:05:46 PM
 #7

Its 1/100 chance to hit 50x and 1/10 chance for 3x. Isnt that a huge house edge?

The chance of matching the full number is of course 1/100. The chance of matching just one of the 2 digits (the first or the second) is 1/10 x 2=1/5  (there are 2 chance of 1/10 as the are 2 digits). When you place a bet on the Lucky Number (an integer between 00 and 99), with a single bet you have 3 different ways of winning and as total winning and as total winning odds the sum of the 3 possibilities: 21/100 (1/10+1/10+1/100).
In simple words when you place a unique bet on a single number you have 21 chance on 100 to win something.

But the real innovation we think we are bringing is the level of transparency and easiness of bets results verification. Nothing is decided o extracted by us.. It's the Bitcoin Blockchain that "produce" the lucky numbers whenever a new block is found by the miners community.

Hope this clarified a bit our policy. We are always very happy to hear your feedback on this game and we are open and very pleased to get suggestions from you Smiley

Thanks!!


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November 21, 2014, 03:14:43 PM
 #8

So this is a 50/50 game?
satnonce (OP)
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November 21, 2014, 04:09:35 PM
 #9

I like what the graphic designer has done! Cool looking site Smiley

Hey man, I noticed your username, do you have any site about coin gambling reviews?

Is there any chance we could get a review from your site?

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satnonce (OP)
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November 21, 2014, 04:16:51 PM
 #10

So this is a 50/50 game?

21/100 game

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November 21, 2014, 04:27:34 PM
 #11

This is not good I think. you should provide a page for a personal account so that I can make a deposit before playing. and I do not need to make a deposit repeatedly
This is pretty much exactly how the original satoshi dice worked. They would have dedicated addresses that corresponded to various bets (based on theoretical win percentage rate), people would send btc to the address and after one confirmation you would either receive a very small amount to show that you lost or the win amount would be returned to you minus the TX fee.

It was so popular that most of the satoshi dice addresses are in the top 100 addresses with the most unique output addresses

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Erza
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November 21, 2014, 04:28:22 PM
 #12

And the house edge?

I don't think this is a very fair game Sad
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November 21, 2014, 07:41:00 PM
 #13

Looks good, will try it out soon!
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November 21, 2014, 07:54:05 PM
 #14

How is the house edge?

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November 22, 2014, 02:25:18 AM
 #15

Cant see this taking off.

Blocks can take quite a while at times to come through. Be a bit boring placing a bet only to wait 30mins+ for the result. At least with sport you can watch the game etc.

Gambling is about the quick thrill/fix (dice) or putting skill/knowledge to use (poker). This has neither.
satnonce (OP)
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November 23, 2014, 09:10:37 AM
 #16

Cant see this taking off.

Blocks can take quite a while at times to come through. Be a bit boring placing a bet only to wait 30mins+ for the result. At least with sport you can watch the game etc.

Gambling is about the quick thrill/fix (dice) or putting skill/knowledge to use (poker). This has neither.

Thank you for your feedback.
We think Satoshinonce is more comparable to a lottery than a dice game or poker.
We know that having to wait few seconds up to 20+ minutes can be considered by someone as a downside of our game but the mission we are trying to accomplish is to set up a game that is 100% fair and this can be achieved through the amazing Blockchain.
We hope in fact that people will appreciate the high level of transparency we have by relying on the Blockchain results, but we are open to any feedback that could improve the way satoshinonce game is made!

Thanks!

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November 23, 2014, 11:06:31 AM
 #17

The chance is hit 3x is 18/100.
The chance is hit 50x is 1/100.

So your site is paying back 104% on average to the players?  Huh

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November 23, 2014, 11:09:17 AM
 #18

I went back to 1999 after visiting your site.

elephantas1
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November 23, 2014, 03:25:06 PM
 #19

Its 1/100 chance to hit 50x and 1/10 chance for 3x. Isnt that a huge house edge?

The chance of matching the full number is of course 1/100. The chance of matching just one of the 2 digits (the first or the second) is 1/10 x 2=1/5  (there are 2 chance of 1/10 as the are 2 digits). When you place a bet on the Lucky Number (an integer between 00 and 99), with a single bet you have 3 different ways of winning and as total winning and as total winning odds the sum of the 3 possibilities: 21/100 (1/10+1/10+1/100).
In simple words when you place a unique bet on a single number you have 21 chance on 100 to win something.

But the real innovation we think we are bringing is the level of transparency and easiness of bets results verification. Nothing is decided o extracted by us.. It's the Bitcoin Blockchain that "produce" the lucky numbers whenever a new block is found by the miners community.

Hope this clarified a bit our policy. We are always very happy to hear your feedback on this game and we are open and very pleased to get suggestions from you Smiley

Thanks!!


Arghhhh can you just write the house edge and ill believe in you
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November 23, 2014, 04:22:28 PM
 #20

Its 1/100 chance to hit 50x and 1/10 chance for 3x. Isnt that a huge house edge?

The chance of matching the full number is of course 1/100. The chance of matching just one of the 2 digits (the first or the second) is 1/10 x 2=1/5  (there are 2 chance of 1/10 as the are 2 digits). When you place a bet on the Lucky Number (an integer between 00 and 99), with a single bet you have 3 different ways of winning and as total winning and as total winning odds the sum of the 3 possibilities: 21/100 (1/10+1/10+1/100).
In simple words when you place a unique bet on a single number you have 21 chance on 100 to win something.

It seems you have calculated the probabilities wrong.
The chance of matching only 1 digit should be 9/100 but not 1/10, as you should excluded the case of matching both digits.

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