BalloonBit.com | Provably Fair | 1% House Edge | Original gambling game

[coincolonel]

Good to see something new here. Be careful with your code next time and you're good to go!

It's kind of like a slower less fun version of moneypot.com, which I guess is where the idea came from. But the design is nicer I think.

both sites also have their own version of exploit.. Luckily , both have their second chance.

[SpreadBit]

Balloon burst
You have lost: 0.00200000 BTC
You could win: 0 BTC (x0)

wtf? :/

[BalloonBit.com]

First day of provably fair History is shown now.
Please check it out.

[bajing]

why sometime first time i click the balloon burst, chance 99%. 

[leen93]

why sometime first time i click the balloon burst, chance 99%. 

in 1% of the times that happens, if you cant live with that then dont bet

[dooglus]

why sometime first time i click the balloon burst, chance 99%.  

in 1% of the times that happens, if you cant live with that then dont bet

You can think of that first click as being the house edge.

1 time in 101 it fails, and you lose.

If you get past that first bet, you have a 50% chance of reaching 2x, a 10% chance of reaching 10x, etc. In general, a 100/N percent chance of reaching Nx - it's as if they is no house edge *once you get past the first click*.

So the house edge of the game is 100/101 = 0.9900990099%.

Edit: nice result here!

[bajing]

do you mean if i can get past my first click, then easy go to 2x with chance 50%

[dooglus]

do you mean if i can get past my first click, then easy go to 2x with chance 50%

Not really - I mean if you can get past the first click, just set a target and your expected value is exactly 0 - you don't expect to win or lose anything after that point. You'll get to 2x half the time, 10x 10% of the time, etc. just as you would expect.

It's getting past the first click that is the "unfair" part (the part that gives the site its edge against you) - because 0.9900990099% of the time you fail to do it, and when you DO manage it, you're only at 1x payout - so you've taken a small risk for no payout. After that, you get 100% "true" odds.

[dooglus]

I just tried playing "for BTC".

It told me my balance was "NAN" and when I made the first click, the spinner just kept spinning indefinitely.

When I reloaded the page, I discovered I was logged out, presumably because my login had timed out overnight.

This could be handled better!

[BalloonBit.com]

I just tried playing "for BTC".

It told me my balance was "NAN" and when I made the first click, the spinner just kept spinning indefinitely.

When I reloaded the page, I discovered I was logged out, presumably because my login had timed out overnight.

This could be handled better!

Thank you for letting us know about this bug.

[KingOfSports]

Apparently your house edge is now 10%. When I played for fun, the first click, the house edge, said 90% of 1x my bet, instead of 99%.

[dooglus]

Apparently your house edge is now 10%. When I played for fun, the first click, the house edge, said 90% of 1x my bet, instead of 99%.

Not for me. Here's what I see for the first click:



and the 2nd:



Can you post a screenshot please?

[BalloonBit.com]

Apparently your house edge is now 10%. When I played for fun, the first click, the house edge, said 90% of 1x my bet, instead of 99%.

Mistake, only writing that, for real its 99%, waiting for hosting to upload some new updates and will fix it too.

[El Emperador]

You could add a referral program to convey other users to the site 

[resya]

You could add a referral program to convey other users to the site 

or probably start a signature campaign to make your site grow bigger and become well known among btctalk members

[leen93]

first time i try it for free

Your Bet: 1 btc
Current Winnings: 100 btc (x100)

why i didnt play for real money 

[Arrogantx]

first time i try it for free

Your Bet: 1 btc
Current Winnings: 100 btc (x100)

why i didnt play for real money  

Right! I kick myself for punking out at 5x or something to see I could have made it to 100x !

[syahrere]

hope luck with this one 

[michietn94]

first time i try it for free

Your Bet: 1 btc
Current Winnings: 100 btc (x100)

why i didnt play for real money  

Right! I kick myself for punking out at 5x or something to see I could have made it to 100x !

I've try that too
but how to prove that free game and real game is using a same script ?

I mean free game using a "high chance" of winning to attract someone to play a real one

[LitecoinBoss]

hope luck with this one 

Luck and more credit btc will do the trick.