[ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino - page 38.

Sanglotslongs

sr. member

Activity: 448

Merit: 280

Quote from: peled1986 on May 26, 2014, 02:32:05 AM

Quote from: mightname on May 25, 2014, 10:04:54 PM

Football gambling first please!

I Agree - 2014 FIFA World Cup Brazil start June 12!
If chancecoin will have an easy client this will be amazing opportunity

other from that poker is the most popular game and I personally also like blackjack (will probably be easier to implement)

(p.s: mightname where did magician say this? it's not here and not in the chancecoin chat).

Great idea, they should be a big buzz for chancecoin ! A gambling application with "bet" like NXT asset, who any body can create a bet.
(http://www.bitcoinlivebets.com/index.php?action=wetten&u=liga&id=9452)
But who can chose the result of the bet ? A bot, or an admin ? Bet like this can't be automatic.

And a new logo

yeaar

newbie

Activity: 25

Merit: 0

TOYJJWGS

full member

Activity: 220

Merit: 100

I hope you can speed up the process, develop more new projects, to attract more people to come in

peled1986

legendary

Activity: 882

Merit: 1002

Quote from: mightname on May 25, 2014, 10:04:54 PM

Quote from: mightname on May 25, 2014, 09:43:20 PM

Please Give some suggestions about the new betting and gambling functions added to CHA!!!

From magician:

Venetian and I are going to have a discussion about what games and betting functionality to add next, based on all the feedback we've received.
what's your favorite method of sports betting? what existing site is a good example of the style of betting Chancecoin should implement?
and for regular casino games (blackjack, roulette, pai gow, poker, etc.), which ones do you think are most important to implement?
I g2g, but if you guys get a chance to answer those questions, I'll check the responses later.

Football gambling first please!

I Agree - 2014 FIFA World Cup Brazil start June 12!
If chancecoin will have an easy client this will be amazing opportunity

other from that poker is the most popular game and I personally also like blackjack (will probably be easier to implement)

(p.s: mightname where did magician say this? it's not here and not in the chancecoin chat).

Coindacioius

member

Activity: 98

Merit: 10

Is there any way to get a transaction id for sent CHA?

A 10000 CHA deposit has not been credited to my poloniex account.

It is has been 24+ hours since I sent the CHA.

deposit address:
178eBPD2gFLbT1ajdwkvbNDfGkvKVZNWn9

mightname

full member

Activity: 408

Merit: 100

Quote from: mightname on May 25, 2014, 09:43:20 PM

Please Give some suggestions about the new betting and gambling functions added to CHA!!!

From magician:

Venetian and I are going to have a discussion about what games and betting functionality to add next, based on all the feedback we've received.
what's your favorite method of sports betting? what existing site is a good example of the style of betting Chancecoin should implement?
and for regular casino games (blackjack, roulette, pai gow, poker, etc.), which ones do you think are most important to implement?
I g2g, but if you guys get a chance to answer those questions, I'll check the responses later.

Football gambling first please!

Matt Y

hero member

Activity: 647

Merit: 510

Counterpartying

If Chancecoin is in a position to make decentralized poker happen, there is a market for it.

http://forumserver.twoplustwo.com/29/news-views-gossip/bitcoin-making-online-gambling-legal-u-s-1284941/
http://forumserver.twoplustwo.com/29/news-views-gossip/idea-relating-new-regulation-decentralized-poker-software-1021113/
http://forumserver.twoplustwo.com/29/news-views-gossip/bitcoins-answer-us-poker-players-1021284/

mightname

full member

Activity: 408

Merit: 100

Please Give some suggestions about the new betting and gambling functions added to CHA!!!

From magician:

Venetian and I are going to have a discussion about what games and betting functionality to add next, based on all the feedback we've received.
what's your favorite method of sports betting? what existing site is a good example of the style of betting Chancecoin should implement?
and for regular casino games (blackjack, roulette, pai gow, poker, etc.), which ones do you think are most important to implement?
I g2g, but if you guys get a chance to answer those questions, I'll check the responses later.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: shadypepe on May 25, 2014, 06:12:35 PM

Quote from: bitcoinrocks on May 25, 2014, 03:00:01 PM

Quote from: sdersdf2 on May 25, 2014, 02:16:16 PM

Quote from: shadypepe on May 25, 2014, 08:17:15 AM

Quote from: sdersdf2 on May 25, 2014, 07:37:24 AM

How are
1) what people bet on
2) what the stakes are

determined with this coin? Basically, how does the decentralised gambling actually work?

from a non-technical point of view it's actually very simple: people make a bet, putting in their desired stake and winning probability, the system determines if the gambler won or lost via new york lottery drawing and he or she gets his coins or loses them. if he wins new coins are created, if he loses his stake is destroyed, which levels out on a long-term time scale.

So people are betting only on ny lottery drawings? Just wondering what some examples look like.

I'm curious about this too.

the lottery drawings are just an input for randomness. example: i choose 50% probability and i bet 100 cha. i win, i get 200 cha. (disregarding house edge).
it's really not that complicated to understand (as a concept at least, i guess technically it's a very challenging thing to develop)

Quote from: TwinWinNerD on May 25, 2014, 10:56:37 AM

can somebody elaborate on this? profit should be negative, right? or is this the house edge profit?

It is from the viewpoint of the house. If you bet any amount the house stands to win the house edge on average. The house won more than expected currently

shadypepe

sr. member

Activity: 266

Merit: 250

Quote from: bitcoinrocks on May 25, 2014, 03:00:01 PM

Quote from: sdersdf2 on May 25, 2014, 02:16:16 PM

Quote from: shadypepe on May 25, 2014, 08:17:15 AM

Quote from: sdersdf2 on May 25, 2014, 07:37:24 AM

How are
1) what people bet on
2) what the stakes are

determined with this coin? Basically, how does the decentralised gambling actually work?

from a non-technical point of view it's actually very simple: people make a bet, putting in their desired stake and winning probability, the system determines if the gambler won or lost via new york lottery drawing and he or she gets his coins or loses them. if he wins new coins are created, if he loses his stake is destroyed, which levels out on a long-term time scale.

So people are betting only on ny lottery drawings? Just wondering what some examples look like.

I'm curious about this too.

the lottery drawings are just an input for randomness. example: i choose 50% probability and i bet 100 cha. i win, i get 200 cha. (disregarding house edge).
it's really not that complicated to understand (as a concept at least, i guess technically it's a very challenging thing to develop)

Quote from: TwinWinNerD on May 25, 2014, 10:56:37 AM

can somebody elaborate on this? profit should be negative, right? or is this the house edge profit?

Coindacioius

member

Activity: 98

Merit: 10

Quote from: mightname on May 25, 2014, 06:14:36 AM

Quote from: mightname on May 25, 2014, 05:20:37 AM

Someone made a 7000CHA bet in casino. 98% "Chance to win".
Let's see the result. Grin

Win 72CHA

Actually it was a 6969 CHA bet.....ballin'!

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Quote from: sdersdf2 on May 25, 2014, 02:16:16 PM

Quote from: shadypepe on May 25, 2014, 08:17:15 AM

Quote from: sdersdf2 on May 25, 2014, 07:37:24 AM

How are
1) what people bet on
2) what the stakes are

determined with this coin? Basically, how does the decentralised gambling actually work?

from a non-technical point of view it's actually very simple: people make a bet, putting in their desired stake and winning probability, the system determines if the gambler won or lost via new york lottery drawing and he or she gets his coins or loses them. if he wins new coins are created, if he loses his stake is destroyed, which levels out on a long-term time scale.

So people are betting only on ny lottery drawings? Just wondering what some examples look like.

I'm curious about this too.

sdersdf2

full member

Activity: 224

Merit: 100

Quote from: shadypepe on May 25, 2014, 08:17:15 AM

Quote from: sdersdf2 on May 25, 2014, 07:37:24 AM

How are
1) what people bet on
2) what the stakes are

determined with this coin? Basically, how does the decentralised gambling actually work?

from a non-technical point of view it's actually very simple: people make a bet, putting in their desired stake and winning probability, the system determines if the gambler won or lost via new york lottery drawing and he or she gets his coins or loses them. if he wins new coins are created, if he loses his stake is destroyed, which levels out on a long-term time scale.

So people are betting only on ny lottery drawings? Just wondering what some examples look like.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

shadypepe

sr. member

Activity: 266

Merit: 250

Quote from: sdersdf2 on May 25, 2014, 07:37:24 AM

How are
1) what people bet on
2) what the stakes are

determined with this coin? Basically, how does the decentralised gambling actually work?

from a non-technical point of view it's actually very simple: people make a bet, putting in their desired stake and winning probability, the system determines if the gambler won or lost via new york lottery drawing and he or she gets his coins or loses them. if he wins new coins are created, if he loses his stake is destroyed, which levels out on a long-term time scale.

sdersdf2

full member

Activity: 224

Merit: 100

How are
1) what people bet on
2) what the stakes are

determined with this coin? Basically, how does the decentralised gambling actually work?

mightname

full member

Activity: 408

Merit: 100

Quote from: mightname on May 25, 2014, 05:20:37 AM

Someone made a 7000CHA bet in casino. 98% "Chance to win".
Let's see the result. Grin

Win 72CHA

mightname

full member

Activity: 408

Merit: 100

Someone made a 7000CHA bet in casino. 98% "Chance to win".
Let's see the result. Grin

Coindacioius

member

Activity: 98

Merit: 10

Quote from: gerrymander on May 24, 2014, 06:33:53 PM

I just saw the post on the Hacker News. Chancecoin looks like a very promising coin. I just bought a few hundred CHA on the Poloniex. This coin should really be trading at a higher price. Why are there so many big offers posted at low valuations? This creates a downward pressure on the price and makes it harder to get your order filled. If you want to sell, don't show your hand. Either pull your offer or put it at a way higher price. Be patient. We need to get the valuation higher so we can get higher on coinmarketcap, etc. so people take the coin seriously. Worry about capitalizing on your investment later, when you can do it at a better price. It's going to be pretty stupid if all of the initial investors fall over themselves to try to sell for like a 20% gain when we can work together to gain 2000%.

TLDR: Initial investors: please be more patient and don't show your hand on the sell side of the order book. Let's shoot for the sky high valuation this coin deserves. Who's with me?

So basically what you're trying to say is.........hooooooold for the longest time?

http://www.youtube.com/watch?v=NG1qooBzE2w

peled1986

legendary

Activity: 882

Merit: 1002

Topic: [ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino - page 38. (Read 146164 times)