Pages:
Author

Topic: ​​​​​​​ - page 2. (Read 3300 times)

newbie
Activity: 56
Merit: 0
June 18, 2013, 06:55:40 PM
#11
Can you publish source code so we can know its 90% odds to win
newbie
Activity: 14
Merit: 0
June 18, 2013, 06:40:53 PM
#10

FAQs

Is CryptoBounty profitable?
Yes! Over 90% of the people who have played on the site have won!

What if nobody buys my bounty?
CryptoBounty is getting increasingly popular, so profitability rates are soaring. However, the best way to make sure that your bounty is bought and you make money is to tell everyone that you bought the bounty! Worst case scenario: you get a consolation prize of 20%.

Is this a pyramid scheme?
No. CryptoBounty does have a pyramidal structure, but is no more a pyramid scheme than any regular casino game.

Our support team welcomes any questions you may have. Thanks, hope to see you on the site!

Interesting idea, but you should really be a little bit more careful in your FAQ. Just because you put an answer in there does not make it true.

Your answer to the first question obviously can't be true. Everyone who plays over the long term will lose. Claiming that it's "profitable" is like saying that because you might win any particular pull of a slot machine, that gambling is profitable. Or claiming that the Martingale strategy in gambling is profitable because you win the majority of your sessions (it's just that the times you lose are huge in comparison to your much smaller winners).

And the site fits the definition of a pyramid scheme pretty much exactly: it's not sustainable, and the people at the bottom are essentially feeding money to those at the top in the hopes of collecting money from future participants below them. Casino games do not operate under this model and are simple games of chance (albeit with a house edge, obviously).
newbie
Activity: 56
Merit: 0
June 18, 2013, 06:31:53 PM
#9

Hi guys,

I'm here to tell you about CryptoBounty, a brand new gambling service. It's similar to the popular King of the Hill game in casinos. Basically, you buy the bounty, wait for someone to buy it back from you, and win the profit plus your initial deposit.

FAQs

Is CryptoBounty profitable?
Yes! Over 90% of the people who have played on the site have won!

What if nobody buys my bounty?
CryptoBounty is getting increasingly popular, so profitability rates are soaring. However, the best way to make sure that your bounty is bought and you make money is to tell everyone that you bought the bounty! Worst case scenario: you get a consolation prize of 20%.

Is this a pyramid scheme?
No. CryptoBounty does have a pyramidal structure, but is no more a pyramid scheme than any regular casino game.

Our support team welcomes any questions you may have. Thanks, hope to see you on the site!

profitable for you? maybe. profitable for the gambler?  No way.
newbie
Activity: 32
Merit: 0
June 18, 2013, 06:26:12 PM
#8
cool idea I wish you the best of luck

You're awesome! Thanks!
newbie
Activity: 14
Merit: 0
June 17, 2013, 12:44:02 PM
#7
I dont believe its 90% chance because I LOST ON THE FIRST TRY.
newbie
Activity: 21
Merit: 0
June 17, 2013, 12:15:00 PM
#6
I did a couple of low "bets" on the BTC Bounty which paid off (less than 1 BTC) - money was transferred straight away, so I'm happy.

But looking at the LTC Bounty - currently 169 LTC - I fear that the current owner will be lucky to get rid.

Can we not have FTC included? I have a few thousand that are looking to be frittered away!  Grin

Glad you like the site! Smiley

No FTC just yet, we're waiting for the network to stabilise.

Well I lost a bit on BTC today, but have had a couple of small wins previously and another small win just now.

So I can't complain! :-)
newbie
Activity: 28
Merit: 0
June 17, 2013, 11:56:33 AM
#5
cool idea I wish you the best of luck
newbie
Activity: 21
Merit: 0
June 16, 2013, 01:50:44 PM
#4
I did a couple of low "bets" on the BTC Bounty which paid off (less than 1 BTC) - money was transferred straight away, so I'm happy.

But looking at the LTC Bounty - currently 169 LTC - I fear that the current owner will be lucky to get rid.

Can we not have FTC included? I have a few thousand that are looking to be frittered away!  Grin
newbie
Activity: 44
Merit: 0
June 15, 2013, 04:32:10 AM
#3
how to play ?
sr. member
Activity: 364
Merit: 250
June 12, 2013, 04:54:36 PM
#2
Another one of those...

House edge is (first number is number of buys of the bounty):
1st   80%
2st   34%
3st   19,47%
4st   12,77%
5st   9,15%
6st   7,02%
7st   5,72%
8st   4,89%
9st   4,36%
10st   4,01%
11st   3,78%
12st   3,63%
13st   3,53%
14st   3,47%
15st   3,42%
16st   3,39%
17st   3,37%

newbie
Activity: 13
Merit: 0
June 12, 2013, 03:46:12 PM
#1
​​​​​​
Pages:
Jump to: