BETwitter - Bet & Win Bitcoins - Data source is Twitter - Promo coins

[cryptworld]

it is amazing the amount of stats that you have, but It is scary to bet without knowing anything about what may happen 

[btcfaucet]

it is amazing the amount of stats that you have, but It is scary to bet without knowing anything about what may happen  

Come on, what's scary in a <$2 bet? :-)

People bet life savings on dice games where it's mathematically guaranteed they will lose in the long run.

Here you get to place a tweet knowing about many different things that influence the outcome, and many times (see the examples above) a simple gut feeling will land you a winning bet.

I'm not a big Twitter user myself but some tweets I run into while reading logs are either funny or informative. The games and the tweet logs are nice to browse sometimes.

Ps. since ~12 hours ago the numbers are updated automatically for live games. Should make it more fun to watch in real time. Also thinking of making a chart or some illustration on game tweets/followers/etc.

[CryForMeSky]

Boy it really seemed like that was EXACTLY what happened. 

https://betwitter.com/game/156/selection/popmusic-selector

When someone tweeted one of those celebrities full names, it seemed like the person who tweeted that name had their follower count added to the running total.  Is that wrong?  If it is wrong, I honestly can't figure out what that game is about.  Could you inform me please?

You may have been confused because in this specific and unique game, the words themselves were celebrity names. But "lady gaga" could have been "shortbread", it's just a word. The celebrity list wasn't applied to this game in any way.

The follower count for the *word* 'lady gaga' grew when someone new tweeted 'lady gaga'.

When someone tweets a word, the *tweets count* grows by one, always.

The "tweeter count", "maximum followers", "total followers" and "celebrities" only grow if it's the person's first tweet of the word in the game.

Right, we're saying the same thing.  I'm saying it was very confusing BECAUSE the key words in this game were people who had their own twitter pages with follower counts.  It's confusing that "follower count" means follower count of the people who tweet out those names and not follower count of those people themselves.

Anyway, I see you've already implemented a couple of my suggestions, the site looks great and I'll def be checking out some games today.  I think a live chart illustrating the tweeter count during the game is a great idea.

[CryForMeSky]

Can you explain how the payouts work in the 'estimation' games (like the upcoming "lol" game)?  There is an option to bet varying amounts but that doesn't make much sense since the odds of two people guessing the exact same number are very very very low.  Looking at the game it was cloned from, it looks like there were two payouts (out of three bets), one for 84.6% of the prize pool and one for 15.4% of the prize pool.  Are these static payouts?  Are they based on how far away from the actual the guess is?  I can't find any of these answers on the site, sorry if I'm overlooking something I just can't see the advantage in betting .02 over .005 and I can't figure out how the payouts work in that specific game type.

Edit: Nevermind, I found it "In estimate type games, the coins are redistributed between the players based on how close they were to the result, how close other players were to the result, and how much they bet. The system takes the median average of differences between the guesses and the result. Players who guessed the result perfectly get maximum score, players who are further away from the result than twice the median average get a score of 0. The scores are also multiplied by the bet amount, in other words how much the players risked. The coins are then redistributed based on these scores. ".

[bitllionaire]

Does anyone know how could we predict the most likely to happen? or this is just pure luck?

[CryForMeSky]

Does anyone know how could we predict the most likely to happen? or this is just pure luck?

Do research, think critically.  

For example, the current game is work vs school.  More people are affected by work than are affected by school.  In addition to that, when the game starts (4pm PST/7pm EST), way more people will be at work/have work on their mind than will be at school.  So it makes sense that work should win.  However you also have to look at the pools.  There is a lot more money on 'work' than there is on 'school'.  So if you bet on school, you'd win a lot more money than if you'd bet on work.  So if you think something is 50/50, it makes sense to bet on the thing that has the least money in it so you make the most.

[btcfaucet]

https://betwitter.com/game/125/selection/what-is-going-on-in-the-world-right-now

I think with a slightly different timing, the Ferguson events would have caused this game to end with 'shooting' for the first time.

[goose20]

Does anyone know how could we predict the most likely to happen? or this is just pure luck?

Do research, think critically.  

For example, the current game is work vs school.  More people are affected by work than are affected by school.  In addition to that, when the game starts (4pm PST/7pm EST), way more people will be at work/have work on their mind than will be at school.  So it makes sense that work should win.  However you also have to look at the pools.  There is a lot more money on 'work' than there is on 'school'.  So if you bet on school, you'd win a lot more money than if you'd bet on work.  So if you think something is 50/50, it makes sense to bet on the thing that has the least money in it so you make the most.

Logical.
But if it's not 50/50, dont bet on the less popular option in the hope of 'making the most' -  alot of the games are no brainers and the popular option are popular for a good reason - some easy games are out there (albeit with only very little profit potential).

[btcfaucet]

But if it's not 50/50, dont bet on the less popular option in the hope of 'making the most' -  alot of the games are no brainers and the popular option are popular for a good reason - some easy games are out there (albeit with only very little profit potential).

IMHO even a small profit is good profit, when there isn't a lot of risk.

To the gentleman reading this thread who indirectly sent me a text message: I don't remember ordering a free penetration test (I don't mean random scanning, I mean someone signing up and then playing around), but thanks for the effort anyway.

[shulio]

IMHO even a small profit is good profit, when there isn't a lot of risk.

To the gentleman reading this thread who indirectly sent me a text message: I don't remember ordering a free penetration test (I don't mean random scanning, I mean someone signing up and then playing around), but thanks for the effort anyway.

beware there are alot who target new sites by doing this kinds of extortion, you will either got the threat that your site will be DDOS or whatever, and ask for some btc to stop this, just becareful about this

[bitllionaire]

Does anyone know how could we predict the most likely to happen? or this is just pure luck?

Do research, think critically.  

For example, the current game is work vs school.  More people are affected by work than are affected by school.  In addition to that, when the game starts (4pm PST/7pm EST), way more people will be at work/have work on their mind than will be at school.  So it makes sense that work should win.  However you also have to look at the pools.  There is a lot more money on 'work' than there is on 'school'.  So if you bet on school, you'd win a lot more money than if you'd bet on work.  So if you think something is 50/50, it makes sense to bet on the thing that has the least money in it so you make the most.

where could I research with statistics about twitter?

[cryptworld]

it is amazing the amount of stats that you have, but It is scary to bet without knowing anything about what may happen  

Come on, what's scary in a <$2 bet? :-)

People bet life savings on dice games where it's mathematically guaranteed they will lose in the long run.

Here you get to place a tweet knowing about many different things that influence the outcome, and many times (see the examples above) a simple gut feeling will land you a winning bet.

I'm not a big Twitter user myself but some tweets I run into while reading logs are either funny or informative. The games and the tweet logs are nice to browse sometimes.

Ps. since ~12 hours ago the numbers are updated automatically for live games. Should make it more fun to watch in real time. Also thinking of making a chart or some illustration on game tweets/followers/etc.

In some way you are right    I may throw some bits to your site

[CryForMeSky]

Does anyone know how could we predict the most likely to happen? or this is just pure luck?

Do research, think critically.  

For example, the current game is work vs school.  More people are affected by work than are affected by school.  In addition to that, when the game starts (4pm PST/7pm EST), way more people will be at work/have work on their mind than will be at school.  So it makes sense that work should win.  However you also have to look at the pools.  There is a lot more money on 'work' than there is on 'school'.  So if you bet on school, you'd win a lot more money than if you'd bet on work.  So if you think something is 50/50, it makes sense to bet on the thing that has the least money in it so you make the most.

where could I research with statistics about twitter?

The API is public.  I can't be giving ALL of my secrets away, now can I?

[SyGambler]

Follower of Jesus and Allah !!!

Really lol

[btcfaucet]

Posted some new originals, some clones, done some bugfixes, and created a script so I could quickly add bets on both sides (or at least two different bets) on each upcoming game. Again, a nice sum of BTC is pending in the games and some of them are pretty darn obvious. Whatever isn't very obvious is all that more fun. So why not throw some coin at a fun game?

[btcfaucet]

beware there are alot who target new sites by doing this kinds of extortion, you will either got the threat that your site will be DDOS or whatever, and ask for some btc to stop this, just becareful about this

It's always a possibility. They would be wasting their time though. I always do the dirty work and email all providers taking part in the ddos so whoever aimed it at me may or may not succeed in it, but would definitely lose a few bots/hosts without achieving any results. Or at least not more or funnier results than ddossing any random bitcoin site on the internet.

Paying to terrorists / extortionists is obviously out of the question. Even if the site earned money, but right now it being offline would actually save me coin. I just keep gambling/giving it away with probably losing bets, just to make sure no games get autocancelled

[btcfaucet]

There is 0.82 BTC pending in games right now. Exciting

I will post a bigger bet soon with plenty of time for people to bet on, and I'll up the stakes. Anyone feel like they would play if the minimum bet was say 0.05 BTC and the game was something good?

[pozmu]

There is 0.82 BTC pending in games right now. Exciting

I will post a bigger bet soon with plenty of time for people to bet on, and I'll up the stakes. Anyone feel like they would play if the minimum bet was say 0.05 BTC and the game was something good?

0.05 is too much for me I don't want to lose it all :/
0.02 looks like max I would like to bet with my bankroll which is about 0.1
BTW I don't understand that stats in user area:

Bets: 0.165 BTC, 0.199532 won (121 %)

Almost 0.2 won but my balance, including funds frozen in bets is ~1.3
Am I right that this only includes amount won but doesn't take any loses into account?
That's little misleading...

[superSTAR777]

I was checking the site , design is A ++ just trying to understand the concept and the way it works:)

[btcfaucet]

I was checking the site , design is A ++ just trying to understand the concept and the way it works:)

Oh boy. Every such comment (and there have been many) tells me that I need to make a nifty Youtube video and it will be the ice breaker :-)

Bets: 0.165 BTC, 0.199532 won (121 %)
Almost 0.2 won but my balance, including funds frozen in bets is ~1.3
Am I right that this only includes amount won but doesn't take any loses into account?
That's little misleading...

'Received' was too long. I've changed it to 'paid' just now, so now it's more accurate. I just hope noone is confused and thinks they paid more fees than they bet

What that means is you're basically up by 21%: you bet .165 BTC in so far and got a total payout of 0.199532 BTC in total.


=== I HAVE POSTED NEW GAMES AND NEW BETS ===

=== ONE OF THE GAMES HAS 0.3 BTC IN IT (a true or false game) ===

https://betwitter.com/games