10x win on Chain-Bet.com by betting on blockchain - page 4.

Daffadile

hero member

Activity: 1162

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Nice winning but how can it be 0 house edge ? They might go broke. Or are you just trying to advertise for them showing us the wins and the ease to play ? Seems a way to advertise to me. Wonder what the rest of the members on this thread think.

Jimmy Wales

member

Activity: 144

Merit: 17

Quote from: CasinoKiller on November 15, 2016, 07:00:48 AM

I see transaction and amount..

That's all required to verify a bet on a blockchain based gambling game.

Quote from: CasinoKiller on November 15, 2016, 07:00:48 AM

But who is winner?

One who received the winning Tx.

Quote from: CasinoKiller on November 15, 2016, 07:00:48 AM

Winner where are you?
Please post here..
We wait.

How on earth the winner will know that u r waiting for him?

numanoid

legendary

Activity: 1890

Merit: 1148

Quote from: CasinoKiller on November 15, 2016, 07:00:48 AM

~snip~

You can't be sure if the winner will come on here (he might be never known about this forum). Maybe the winner just anonymous person who know about bitcoinbetting from his friend, googling, or other else source.

CasinoKiller

sr. member

Activity: 300

Merit: 250

I see transaction and amount..
But who is winner?
Winner where are you?
Please post here..
We wait.

Jimmy Wales

member

Activity: 144

Merit: 17

Quote from: RocketSingh on November 11, 2016, 11:38:09 AM

Please add this one too - https://bitcointalksearch.org/topic/on-bitcoinbettingwebsite-someone-converted-00998-btc-to-15968-btc-1673328. This is the biggest one so far...

OP updated with the following bet info...

BTC 0.0998 to BTC 1.5968
Bet ID: 685
Choice: 2
Bet Amount: BTC 0.0998
Tx Hash: 7d7a65100e600d7b535687adaf0e26efa8dcf1a5291be3f5587ed54f438e8702
Status: won
Confirmation Block Height: 437693
Confirmation Block Hash: 000000000000000000fafc2ec0ccf2df5ce6ba6aa7c68a1c1fe035ed778b3ee2
Return Amount: BTC 1.5968
Return Address: 1CoinBcK1kA9uK8vpkUncEwLHjEm5Wbkph
Return Tx: 80023ca0cf1a34d865389118c4bb1247dd8cbe9a3719a5741e9deb82ec8db58e

RocketSingh

legendary

Activity: 1662

Merit: 1050

Quote from: Jimmy Wales on November 01, 2016, 06:45:58 AM

Thanks. OP updated with following bet info and bets have been organized in decreasing order from top to bottom.

BTC 0.0698 to BTC 1.1168
Bet ID: 322
Choice: 4
Bet Amount: BTC 0.0698
Tx Hash: 5de218e4f956ece04b23cfaac9471365285415597c2ceaa10dbd283161048a1f
Status: won
Confirmation Block Height: 433692
Confirmation Block Hash: 0000000000000000037fe5a1b797b226ba24f3f882fd9cbc627f44a95d20acf4
Return Amount: BTC 1.1168
Return Address: 1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj
Return Tx: de726e982b98993a1e97dd86b4ceb0211f03892047ed2a74443a9d8e2042c484

+1

Please add this one too - https://bitcointalksearch.org/topic/on-bitcoinbettingwebsite-someone-converted-00998-btc-to-15968-btc-1673328. This is the biggest one so far...

CrazyJoker

full member

Activity: 689

Merit: 102

Quote from: Bitinity on October 31, 2016, 05:21:39 AM

Quote from: Erza on October 31, 2016, 04:20:03 AM

Quote from: lollolloll on October 30, 2016, 08:02:07 AM

I don't think if I bet 1 btc and win ,he will pay me 16btc.

But if I bet 1 btc and lose , he will take away my 1 btc , for sure.

LOL

edit:so I think personally , there will be no one playing.

I just wondering too how much their max payout? Because if they did not set max payout, and when big whale lucky enough I dont think they can pay them for sure.

For OP, I just want to make make this things clear so can you really tell me this? Although it is 0% house edge you should have this bankroll to pay people

It is clear as stated on their FAQ, the maximum bet allowed is 1btc so they should have at least 16btc to cover 1btc bet winning. Indeed, we dont know how many btc on their wallet. Foe sure, they should prove that they can pay such amount. Otherwise, whales will never come to this site.

Does other sites that does not take investment in bankroll show their cold storage?

Jimmy Wales

member

Activity: 144

Merit: 17

Quote from: RocketSingh on October 30, 2016, 05:59:25 AM

Quote from: Jimmy Wales on October 04, 2016, 01:10:00 PM

Pretty BIG winnings are taking place at www.BitcoinBetting.website. Confirming the bet Tx and sending back the winning Tx took place within just 3 block time. Below is the bet details...

BTC 0.01065 to BTC 0.1704
Bet ID: 253
Choice: 4
Bet Amount: BTC 0.01065
Tx Hash: 4c525b1eed39a0a174fcf84f827e06a15e63eb2c08ac0dcab7fd3fed2c8eca8d
Status: won
Confirmation Block Height: 432839
Confirmation Block Hash: 000000000000000003175c2b1ed904d19664640c87c850228e6187a880a0d2a4
Return Amount: BTC 0.1704
Return Address: 15KAjydnfMAhrgQePavBLJxjtoGfk7qv5h
Return Tx: 802947b764453dd39fd66d1855f78767303c69f86ec207fb328f2698ff52283d

BTC 0.0198 to BTC 0.3168
Bet ID: 598
Choice: 3
Bet Amount: BTC 0.0198
Tx Hash: 90f498a2a0f06839eb62eaff89fc1072aec7a322a3f288957a911804f3ffc0c0
Status: won
Confirmation Block Height: 435283
Confirmation Block Hash: 0000000000000000001fdfa9afc5c98cdbc7e2cf81dabc038b4f062ded1d2e73
Return Amount: BTC 0.3168
Return Address: 17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ
Return Tx: 60017b53b1153714d1138c16b82a13238e98287d68fea3b1f0261a362e3a61e1

Is there any other gambling site offering such BIG winning opportunity at 0% house edge?

So far, I am not aware of any other than this one. But, another BIG win took place on this site where someone converted 0.0698 BTC to 1.1168 BTC. I think, that bet details should be included in OP. Related thread - https://bitcointalksearch.org/topic/someone-converted-00698-btc-to-11168-btc-on-bitcoinbettingwebsite-1643063

Thanks. OP updated with following bet info and bets have been organized in decreasing order from top to bottom.

BTC 0.0698 to BTC 1.1168
Bet ID: 322
Choice: 4
Bet Amount: BTC 0.0698
Tx Hash: 5de218e4f956ece04b23cfaac9471365285415597c2ceaa10dbd283161048a1f
Status: won
Confirmation Block Height: 433692
Confirmation Block Hash: 0000000000000000037fe5a1b797b226ba24f3f882fd9cbc627f44a95d20acf4
Return Amount: BTC 1.1168
Return Address: 1BLockKo8FLApX2Wx7rJXv9C3bk9FJPzJj
Return Tx: de726e982b98993a1e97dd86b4ceb0211f03892047ed2a74443a9d8e2042c484

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: Bitinity on October 31, 2016, 05:21:39 AM

It is clear as stated on their FAQ, the maximum bet allowed is 1btc so they should have at least 16btc to cover 1btc bet winning. Indeed, we dont know how many btc on their wallet. Foe sure, they should prove that they can pay such amount. Otherwise, whales will never come to this site.

Yeah that is true, but until now they dont even have said anything about their bankroll on how much they can pay. But not all site willing to prove this that they have big amount or low amount because it is too risky. But this is needed to make sure that site wont scam us or running away with our profit

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: Erza on October 31, 2016, 04:20:03 AM

Quote from: lollolloll on October 30, 2016, 08:02:07 AM

I don't think if I bet 1 btc and win ,he will pay me 16btc.

But if I bet 1 btc and lose , he will take away my 1 btc , for sure.

LOL

edit:so I think personally , there will be no one playing.

I just wondering too how much their max payout? Because if they did not set max payout, and when big whale lucky enough I dont think they can pay them for sure.

For OP, I just want to make make this things clear so can you really tell me this? Although it is 0% house edge you should have this bankroll to pay people

It is clear as stated on their FAQ, the maximum bet allowed is 1btc so they should have at least 16btc to cover 1btc bet winning. Indeed, we dont know how many btc on their wallet. Foe sure, they should prove that they can pay such amount. Otherwise, whales will never come to this site.

Erza

legendary

Activity: 1078

Merit: 1000

Quote from: lollolloll on October 30, 2016, 08:02:07 AM

I don't think if I bet 1 btc and win ,he will pay me 16btc.

But if I bet 1 btc and lose , he will take away my 1 btc , for sure.

LOL

edit:so I think personally , there will be no one playing.

I just wondering too how much their max payout? Because if they did not set max payout, and when big whale lucky enough I dont think they can pay them for sure.

For OP, I just want to make make this things clear so can you really tell me this? Although it is 0% house edge you should have this bankroll to pay people

Angelina Jolie

member

Activity: 169

Merit: 10

Global Risk Exchange - gref.io

Quote from: lollolloll on October 30, 2016, 08:02:07 AM

I don't think if I bet 1 btc and win ,he will pay me 16btc.

But if I bet 1 btc and lose , he will take away my 1 btc , for sure.

I dont think u have 1 BTC.

Quote from: lollolloll on October 30, 2016, 08:02:07 AM

LOL

lollolloll Cheesy

Quote from: lollolloll on October 30, 2016, 08:02:07 AM

edit:so I think personally , there will be no one playing.

So, I think personally, u r posting garbage just to raise your activity count to sell this account later. Hence, u should be banned from further spamming.

lollolloll

newbie

Activity: 56

Merit: 0

I don't think if I bet 1 btc and win ,he will pay me 16btc.

But if I bet 1 btc and lose , he will take away my 1 btc , for sure.

LOL

edit:so I think personally , there will be no one playing.

DutchDemon

jr. member

Activity: 115

Merit: 4

Quote from: ndnh on October 30, 2016, 06:03:43 AM

Quote

How does the house make money on this project?

I wonder the same. May be they are going to take all the house edge in one go right before they close. Grin

U guys are discussing something that has been discussed many times before on this forum. Here are a few instances...

Quote from: Red-Apple on October 04, 2016, 06:49:57 AM

Quote from: altcoinhosting on October 04, 2016, 04:18:54 AM

Personally, i think a casino game (any game) with a 0 percent house edge will either go bancrupt in the longrun, or will result in cheating...

i don't think so.

because people usually don't use good strategies and they are wasting their money in most of these gambling sites.

for example i have seen new dice sites that start off with a 0% house edge and there aren't that many winners on the site to win and bankrupt the casino.

house edge is like a guarantee in my opinion.

and also add to this, the fact that a lot of the gamblers will continue gambling when they win and if a losing streak hits them they lose all they have won so far.

Quote from: adaseb on October 23, 2016, 06:10:59 AM

Quote from: TheUltraElite on October 23, 2016, 05:44:30 AM

In general the concept on 0% house edge technically does not exist. The site owners and the affiliates are running a business and the house edge is the method by which they earn profits from the players.

If there was no method to fund the owners then the latter would go bankrupt and then the site/casino would not exist. Hence most sites who claim a 0% house edge are scammers, in general.

Not true and this was discussed many times here before. The casinos don't need 0% house edge to make money. The casinos make money because of human emotion, greed, and fear. Only reason most Casinos don't have 0% house edge is because there would be too many bots, and the bots they couldn't beat since computers don't feel emotion.

ndnh

legendary

Activity: 1302

Merit: 1005

New Decentralized Nuclear Hobbit

Quote from: cjmoles on October 28, 2016, 03:26:32 PM

LOL....Some of the math skills of the members we find in these threads are impeccable.

There is no need for math, the subject has 0% house edge on it.

Quote

How does the house make money on this project?

I wonder the same. May be they are going to take all the house edge in one go right before they close. Grin

Edit.
Ah sorry, I think they run on donations. Grin

Quote

3. Can I generate multiple addresses and send bitcoins to them in a single transaction?
No. Only the amount sent to the first address generated will be considered as bet and all other amounts sent in that transaction will be considered as donation.

Quote

4. Can I send multiple transactions to a single address?
No. Only the first transaction received by the generated address will be considered as bet and all further transactions will be considered as donation.

Quote

5. Is there any minimum amount of bitcoin that is to be sent?
Yes. You must send at least 0.0005 BTC. Anything below will be considered as donation.

Quote

6. Is there any maximum amount of bitcoin that is to be sent?
Maximum amount allowed is 1 BTC. Anything over this amount will be considered as donation.

RocketSingh

legendary

Activity: 1662

Merit: 1050

Quote from: Jimmy Wales on October 04, 2016, 01:10:00 PM

Pretty BIG winnings are taking place at www.BitcoinBetting.website. Confirming the bet Tx and sending back the winning Tx took place within just 3 block time. Below is the bet details...

BTC 0.01065 to BTC 0.1704
Bet ID: 253
Choice: 4
Bet Amount: BTC 0.01065
Tx Hash: 4c525b1eed39a0a174fcf84f827e06a15e63eb2c08ac0dcab7fd3fed2c8eca8d
Status: won
Confirmation Block Height: 432839
Confirmation Block Hash: 000000000000000003175c2b1ed904d19664640c87c850228e6187a880a0d2a4
Return Amount: BTC 0.1704
Return Address: 15KAjydnfMAhrgQePavBLJxjtoGfk7qv5h
Return Tx: 802947b764453dd39fd66d1855f78767303c69f86ec207fb328f2698ff52283d

BTC 0.0198 to BTC 0.3168
Bet ID: 598
Choice: 3
Bet Amount: BTC 0.0198
Tx Hash: 90f498a2a0f06839eb62eaff89fc1072aec7a322a3f288957a911804f3ffc0c0
Status: won
Confirmation Block Height: 435283
Confirmation Block Hash: 0000000000000000001fdfa9afc5c98cdbc7e2cf81dabc038b4f062ded1d2e73
Return Amount: BTC 0.3168
Return Address: 17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ
Return Tx: 60017b53b1153714d1138c16b82a13238e98287d68fea3b1f0261a362e3a61e1

Is there any other gambling site offering such BIG winning opportunity at 0% house edge?

So far, I am not aware of any other than this one. But, another BIG win took place on this site where someone converted 0.0698 BTC to 1.1168 BTC. I think, that bet details should be included in OP. Related thread - https://bitcointalksearch.org/topic/someone-converted-00698-btc-to-11168-btc-on-bitcoinbettingwebsite-1643063

DutchDemon

jr. member

Activity: 115

Merit: 4

Quote from: cjmoles on October 28, 2016, 03:26:32 PM

LOL....Some of the math skills of the members we find in these threads are impeccable. The critical thinking skills are even more overwhelming....I don't know here though....can somebody break down the math for me? How does the house make money on this project?

U seem to be an example of an ultimate hypocrite. First u were complaining in the announcement thread about high house edge and now u r complaining about low house edge! Though I guessed your hypocrisy on July 20, 2016...

Quote from: DutchDemon on July 20, 2016, 11:49:36 AM

Quote from: CEOKEY on July 15, 2016, 07:04:36 AM

Nice new site. But i saw so many status is lose in Live Gambling Data. Maybe it's hard game. Good Luck For New Betting Site

The funny thing is, those who were complaining about the house edge for last 3 pages, are now nowhere around, while the house edge is down to 0%. I'm sure they'll make a comeback if house edge goes up. Cheesy

It is now pretty clear that u r from some other project and desperate to show this one under bad light in whatever way possible.

cjmoles

legendary

Activity: 1176

Merit: 1017

LOL....Some of the math skills of the members we find in these threads are impeccable. The critical thinking skills are even more overwhelming....I don't know here though....can somebody break down the math for me? How does the house make money on this project?

bitKaBoom

full member

Activity: 166

Merit: 100

Quote from: LFC_Bitcoin on October 24, 2016, 12:35:03 PM

Quote from: Jimmy Wales on October 21, 2016, 02:01:13 PM

Just noticed another BIG win on www.BitcoinBetting.website. Someone just converted BTC 0.0198 to BTC 0.3168. OP updated with the bet details...

BTC 0.0198 to BTC 0.3168
Bet ID: 598
Choice: 3
Bet Amount: BTC 0.0198
Tx Hash: 90f498a2a0f06839eb62eaff89fc1072aec7a322a3f288957a911804f3ffc0c0
Status: won
Confirmation Block Height: 435283
Confirmation Block Hash: 0000000000000000001fdfa9afc5c98cdbc7e2cf81dabc038b4f062ded1d2e73
Return Amount: BTC 0.3168
Return Address: 17YTi5T5pGhsu3XJsRdMAiUwfsRLtsQEkJ
Return Tx: 60017b53b1153714d1138c16b82a13238e98287d68fea3b1f0261a362e3a61e1

Yeah that's a really nice win from such a small initial outlay. Hmmmm maybe I need to check this site out, never used it before.

this is really big win and have proof.
good luck admin!

bitKaBoom

full member

Activity: 166

Merit: 100

Quote from: milewilda on October 24, 2016, 12:21:23 AM

Quote from: bitKaBoom on October 23, 2016, 10:33:10 PM

x16 is cool!
what chance to win?
i think is hard to win..

Why wont you try it for yourself? Expect the winning rate would be small though because you are choosing 16 selection which means you have only 6.25% chance to win in every roll. Members do always mentioned here that you would really need a big bankroll in able to sustain these kind of game which odds are really small and the chances of winning but its still rewarding when you hit it. I could really say that those person who able to make 0.3+ btc on their bets are just lucky though and its part of gambling, nothing to be surprised about it.

good, i will try soon. i want win if my lucky will be with me.

Topic: 10x win on Chain-Bet.com by betting on blockchain - page 4. (Read 4860 times)