Topic: Anyone tried Chain-Bet.com? (Read 3112 times)
Just to inform everyone, as a promotional offer after our re-launch on Litecoin blockchain, Chain-Bet.com is now operating on 0% House Edge.
Look at their gambling live data, so much reds. It's seems like hard to hit a winning bet so the winning rate is low. Repetitive betting on a particular number is not a good strategy. Even if we hit it, the lose would be more than the profit. People would be looking for casinos where win rates and odds are better than others.
It means that the gambler can gamble without the fear that the system is rigging outputs at some way, which some casinos do and there is no chance for us to find it out.
This is true. Unfortunately majority of gamblers are not aware of this downside of legacy gambling games, where they have to have an account before playing.
I haven't been using this specific site, but I would recommend using sites like this, which uses the bitcoin blockchain to determine the winner.
It means that the gambler can gamble without the fear that the system is rigging outputs at some way, which some casinos do and there is no chance for us to find it out.
It's also good for the casino site, as they can't lose funds because a bug in their random system, I am going to try to place a small bet and I will update here my experience from the site.
It means that the gambler can gamble without the fear that the system is rigging outputs at some way, which some casinos do and there is no chance for us to find it out.
It's also good for the casino site, as they can't lose funds because a bug in their random system, I am going to try to place a small bet and I will update here my experience from the site.
A waste of your hard earned bitcoins. Try trading if you want to make some steady income. 
thats the brightest idea mate,you have earned your funds ina hard way then you will loss that easy because of this gambling site..try earn more first before spending as we al know theres no really winning in gambling the more chance of losing is indeed.That might be your experience and not everyone else and secondly bitcoin gambling is becoming unpopular because of the huge fees and slow confirmations so rather ;look out for some those gambling websites that accept both bitcoin and other alts so that you don't end up spending so much on facilitating the transaction alone.
A waste of your hard earned bitcoins. Try trading if you want to make some steady income.
thats the brightest idea mate,you have earned your funds ina hard way then you will loss that easy because of this gambling site..try earn more first before spending as we al know theres no really winning in gambling the more chance of losing is indeed. The key is in repetitive betting on a specific number.
That's not a guaranteed strategy either... i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
Looks like someone has just converted 0.0036 BTC to 0.0576 BTC on Chain-Bet.com. Check Bet ID #1990.
is this really happen? because if yes, then i think that guy have the best of luck in his life and he can win big money or even win the jackpot prize. i think there are only few people that can win the jackpot and he must have a luck for this and i think the site is getting loss much of money but i am sure that in next days or weeks, the site will be make other profit.
Someone just converted 0.014 btc to 0.224 btc
BTC 0.014 to BTC 0.224
Bet ID: 2324
Choice: 1
Bet Amount: BTC 0.014
Tx Hash: 0c8b253777e6c03ec8b046de6bd967e29489a17ca7745902e59112a577c45bd0
Status: won
Confirmation Block Height: 470345
Confirmation Block Hash: 000000000000000000b2bb7085855ed85908359b791932adfba1475ab667a5a1
Return Amount: BTC 0.224
Return Address: 1GFy8AnwpF7AP4fbGZfxnGjxPmDHPrkb2M
Return Tx: c671652dcd06ced9a1eec96fee8013579a3902c501a8491aebb46852fa49dad8
I saw this also and I try to bet with an amount closed to that one. I bet 5 times to test my luck but alas, i lose 0.05btc in an instant. Maybe chain-bet is not for me . Anybody here win with a bet greater than 0.01BTC?
I always win when I bet small and vice versa.
I tried it too and just lost it. Maybe the guy just got really lucky at his bets. Well this is gambling we can't really blame it on the site or anything else. It's just we get lucky or not. Though this is also assuming the site we are gambling on is legit and that it is not cheating us in any way possible.
But congrats to the guy who turned a small amount to a big one, it's always hard to do regardless of what site you are on.
The key is in repetitive betting on a specific number.
I wish Chain-bet could introduce other betting options, i.e. betting not only on one specific digit or letter but whole groups:
- only letters
- only numbers
- only odds/even numbers
of course payout would be lowered accordingly.
This is already possible by placing multiple bets within same block. - only letters
- only numbers
- only odds/even numbers
of course payout would be lowered accordingly.
i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
Looks like someone has just converted 0.0036 BTC to 0.0576 BTC on Chain-Bet.com. Check Bet ID #1990.
is this really happen? because if yes, then i think that guy have the best of luck in his life and he can win big money or even win the jackpot prize. i think there are only few people that can win the jackpot and he must have a luck for this and i think the site is getting loss much of money but i am sure that in next days or weeks, the site will be make other profit.
Someone just converted 0.014 btc to 0.224 btc
BTC 0.014 to BTC 0.224
Bet ID: 2324
Choice: 1
Bet Amount: BTC 0.014
Tx Hash: 0c8b253777e6c03ec8b046de6bd967e29489a17ca7745902e59112a577c45bd0
Status: won
Confirmation Block Height: 470345
Confirmation Block Hash: 000000000000000000b2bb7085855ed85908359b791932adfba1475ab667a5a1
Return Amount: BTC 0.224
Return Address: 1GFy8AnwpF7AP4fbGZfxnGjxPmDHPrkb2M
Return Tx: c671652dcd06ced9a1eec96fee8013579a3902c501a8491aebb46852fa49dad8
I saw this also and I try to bet with an amount closed to that one. I bet 5 times to test my luck but alas, i lose 0.05btc in an instant. Maybe chain-bet is not for me . Anybody here win with a bet greater than 0.01BTC?
I always win when I bet small and vice versa.
I tried it too and just lost it. Maybe the guy just got really lucky at his bets. Well this is gambling we can't really blame it on the site or anything else. It's just we get lucky or not. Though this is also assuming the site we are gambling on is legit and that it is not cheating us in any way possible.
But congrats to the guy who turned a small amount to a big one, it's always hard to do regardless of what site you are on.
i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
Looks like someone has just converted 0.0036 BTC to 0.0576 BTC on Chain-Bet.com. Check Bet ID #1990.
is this really happen? because if yes, then i think that guy have the best of luck in his life and he can win big money or even win the jackpot prize. i think there are only few people that can win the jackpot and he must have a luck for this and i think the site is getting loss much of money but i am sure that in next days or weeks, the site will be make other profit.
Someone just converted 0.014 btc to 0.224 btc
BTC 0.014 to BTC 0.224
Bet ID: 2324
Choice: 1
Bet Amount: BTC 0.014
Tx Hash: 0c8b253777e6c03ec8b046de6bd967e29489a17ca7745902e59112a577c45bd0
Status: won
Confirmation Block Height: 470345
Confirmation Block Hash: 000000000000000000b2bb7085855ed85908359b791932adfba1475ab667a5a1
Return Amount: BTC 0.224
Return Address: 1GFy8AnwpF7AP4fbGZfxnGjxPmDHPrkb2M
Return Tx: c671652dcd06ced9a1eec96fee8013579a3902c501a8491aebb46852fa49dad8
I saw this also and I try to bet with an amount closed to that one. I bet 5 times to test my luck but alas, i lose 0.05btc in an instant. Maybe chain-bet is not for me . Anybody here win with a bet greater than 0.01BTC?
I always win when I bet small and vice versa.
I wish Chain-bet could introduce other betting options, i.e. betting not only on one specific digit or letter but whole groups:
- only letters
- only numbers
- only odds/even numbers
of course payout would be lowered accordingly.
- only letters
- only numbers
- only odds/even numbers
of course payout would be lowered accordingly.
i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
Looks like someone has just converted 0.0036 BTC to 0.0576 BTC on Chain-Bet.com. Check Bet ID #1990.
is this really happen? because if yes, then i think that guy have the best of luck in his life and he can win big money or even win the jackpot prize. i think there are only few people that can win the jackpot and he must have a luck for this and i think the site is getting loss much of money but i am sure that in next days or weeks, the site will be make other profit.
Someone just converted 0.014 btc to 0.224 btc
BTC 0.014 to BTC 0.224
Bet ID: 2324
Choice: 1
Bet Amount: BTC 0.014
Tx Hash: 0c8b253777e6c03ec8b046de6bd967e29489a17ca7745902e59112a577c45bd0
Status: won
Confirmation Block Height: 470345
Confirmation Block Hash: 000000000000000000b2bb7085855ed85908359b791932adfba1475ab667a5a1
Return Amount: BTC 0.224
Return Address: 1GFy8AnwpF7AP4fbGZfxnGjxPmDHPrkb2M
Return Tx: c671652dcd06ced9a1eec96fee8013579a3902c501a8491aebb46852fa49dad8
i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
Looks like someone has just converted 0.0036 BTC to 0.0576 BTC on Chain-Bet.com. Check Bet ID #1990.
is this really happen? because if yes, then i think that guy have the best of luck in his life and he can win big money or even win the jackpot prize. i think there are only few people that can win the jackpot and he must have a luck for this and i think the site is getting loss much of money but i am sure that in next days or weeks, the site will be make other profit.
Many people have won BIG money on Chain-Bet.com. Check this thread for reference - https://bitcointalksearch.org/topic/10x-win-on-chain-betcom-by-betting-on-blockchain-1635955
i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
Looks like someone has just converted 0.0036 BTC to 0.0576 BTC on Chain-Bet.com. Check Bet ID #1990.
is this really happen? because if yes, then i think that guy have the best of luck in his life and he can win big money or even win the jackpot prize. i think there are only few people that can win the jackpot and he must have a luck for this and i think the site is getting loss much of money but i am sure that in next days or weeks, the site will be make other profit.
i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
Looks like someone has just converted 0.0036 BTC to 0.0576 BTC on Chain-Bet.com. Check Bet ID #1990.
i have never heard of it, i ll take a look rigth now
If u have, please do let us know. I'm interested in playing at 0% house edge as well.
i have never heard of it, i ll take a look rigth now
They are operating since May 30, 2016 and here is their official thread - https://bitcointalksearch.org/topic/chain-betcom-on-chain-no-kyc-15x-win-provably-fair-since-2016-1492457
i have never heard of it, i ll take a look rigth now
I've tried PD and honestly the design is so shit from the PD4 redesign. Honestly I wouldn't recommend you using it.
I have no idea what you are talking about.Are you really reading what the thread says. What is the problem with PD from what i know is prime dice and it is one the only dice site i am rolling most of the time if i really wanted to play some dice and that is simply because of the simple design.And for the OP i have no idea and have never tried Chain-Bet.com
I've tried PD and honestly the design is so shit from the PD4 redesign. Honestly I wouldn't recommend you using it.
How is PD compared to Chain-Bet.com?
if the site is legit and trusted, maybe we can try to playing on that site, but with 0% house edge, i wonder how percent our luck is work?
Many have already tried and won as u can see in this post - https://bitcointalksearch.org/topic/10x-win-on-chain-betcom-by-betting-on-blockchain-1635955i think the most player will get the chance to loss their money. how the owner pays the fee with 0% house edge?
Do u think 1% house edge sites make exactly 1% of the total wagered amount? No. That is why a 0% house edge sites exist. To give 1% more winning chance to the gamblers. hero member
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I never seen this site before and i am curious about 0% house edge because this is the only gambling site that i seen 0% house edge.
Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
i think they only earn profit from the player that lose , the site seems legit and trusted , they also put proof of winning. why would you not try it by yourself?Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
if the site is legit and trusted, maybe we can try to playing on that site, but with 0% house edge, i wonder how percent our luck is work? i think the most player will get the chance to loss their money. how the owner pays the fee with 0% house edge?
I never seen this site before and i am curious about 0% house edge because this is the only gambling site that i seen 0% house edge.
Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
This is the only site offering 0% house edge. U'll find a long discussion regarding this here - https://bitcointalksearch.org/topic/which-gambling-sites-have-0-house-edge-1633110 Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
I never seen this site before and i am curious about 0% house edge because this is the only gambling site that i seen 0% house edge.
Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
i think they only earn profit from the player that lose , the site seems legit and trusted , they also put proof of winning. why would you not try it by yourself? Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
I never seen this site before and i am curious about 0% house edge because this is the only gambling site that i seen 0% house edge.
Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
Upon back reading looks like the site still not yet prove by high reputative members here that this site is legit or not..
Did you guys tried this site?
I came across a pretty new gambling game called https://www.Chain-Bet.com in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
This game has brought in a fantastic concept to the bitcoin gambling industry. Moreover, it is probably the only honest 0% house edge game running for so long...
Looking at their dashboard, it is pretty evident that many are using it and a thread on BitcoinTalk is tracking BIG wins over there as well...
Pretty BIG winnings are taking place at https://www.Chain-Bet.com. Confirming the bet Tx and sending back the winning Tx took place within just 3 block time. Below are the bet details...
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
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
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
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
Have you tried to grab such BIG winning opportunity at 0% house edge?
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
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
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
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
Have you tried to grab such BIG winning opportunity at 0% house edge?
OP updated as www.bitcoinbetting.website is now known as https://www.chain-bet.com.
I've tried PD and honestly the design is so shit from the PD4 redesign. Honestly I wouldn't recommend you using it.
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Interestingly, I just noticed that they are now operating on 0% house edge.Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
I imagine 0% is some kind of initial promotion, limited time offer. This - or owner is rich enough so he can take additional expenses.
Hello from BitcoinBetting.website.
- We do offer 0% house edge.
- No deposit to site wallet is required as the game directly runs on blockchain.
- All bets are individually verifiable over blockchain.
We are new and instead of spending on ad, we are offering this opportunity to gamblers. If u r a gambler, please do give us a try...
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Interestingly, I just noticed that they are now operating on 0% house edge.Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
I imagine 0% is some kind of initial promotion, limited time offer. This - or owner is rich enough so he can take additional expenses.
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Interestingly, I just noticed that they are now operating on 0% house edge.Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Interestingly, I just noticed that they are now operating on 0% house edge.Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Interestingly, I just noticed that they are now operating on 0% house edge.Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
I came across a pretty new gambling game called www.bitcoinbetting.website in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
try to join LetItRide, it is nowadays going much better, and it has their own coin LIR you can invest in there if you do not want to gamble, the coin is nowadays going much better.
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Interestingly, I just noticed that they are now operating on 0% house edge.Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Interestingly, I just noticed that they are now operating on 0% house edge. Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
I tried them a month ago and they are okay with their games, they still need way more reviews but they are good.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
Nothing is wrong with trying a new one out but be sure to always start with a low deposit.
How can you call it anything else with a house edge of 50%. Even slot games got a better house edge @ 15%.
With 50%house edge it's like you are donating your money to the owner...
With 50%house edge it's like you are donating your money to the owner...
They seems to have significantly lowered the house edge...
We have experimentally raised the Player vs House multiplying factor from 8x to 15x. Any further changes will be notified here. Thank you everyone for showing interest in this new game.
You can probably trust it but then odds are bad.
They seems to have raised winning bet multiplier from 8x to 15x.What's with the .website domain anyway ?
What's wrong with .website domain anyway? It is a new TLD... that's it.I think satoshi ones would be a better idea.
What is that? I came across a pretty new gambling game called www.bitcoinbetting.website in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
You can probably trust it but then odds are bad. What's with the .website domain anyway ? I think satoshi ones would be a better idea.
Only if a really trusted member does it I feel comfortable at it.
What does it mean by a really trusted member? 
I never have tried them but you can maybe try them with a very low amount so everyone can see if it its legit.
You have to be very careful these days with such websites.
You have to be very careful these days with such websites.
That is indeed the option you can pick, I heard they are okay but the fact is still that based on not a lot of reviews I do not trust it.
Only if a really trusted member does it I feel comfortable at it.
Well, yes, I've experimented personally with many gambling sites although I haven't had a positive experience overall with gambling. However, I have had luck with a few dice sites.
I guess try not to be too greedy is the key to gambling.
True. This understanding is very basic for every gambler. I guess try not to be too greedy is the key to gambling.
Its nice that it already has been tested but this is based on 2 people, I do not think you can fully depend on this if you are asking me..
I agree fully with this, 2 people that have given their feedback is not much, we need more people to really trust this website.
I'm really sick of these ponzi's these days...
How can you call it anything else with a house edge of 50%. Even slot games got a better house edge @ 15%.
With 50%house edge it's like you are donating your money to the owner...
1. http://www.dictionary.com/browse/ponzi
Quote
a swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks.
2. https://en.wikipedia.org/wiki/Ponzi_scheme
Quote
A Ponzi scheme (also a Ponzi game or a Ponzi) is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.
In this case, where do u get old investors getting paid by new investors?
Its nice that it already has been tested but this is based on 2 people, I do not think you can fully depend on this if you are asking me..
I agree fully with this, 2 people that have given their feedback is not much, we need more people to really trust this website.
I'm really sick of these ponzi's these days...
How can you call it anything else with a house edge of 50%. Even slot games got a better house edge @ 15%.
With 50%house edge it's like you are donating your money to the owner...
Its nice that it already has been tested but this is based on 2 people, I do not think you can fully depend on this if you are asking me..
I agree fully with this, 2 people that have given their feedback is not much, we need more people to really trust this website.
I'm really sick of these ponzi's these days...
Whether this website is legit or not is beside the point.
This is because the house has a 50% edge. 16 possibilities (with either a 4x or 8x payout). This is literally the WORST payout of any gambling site I've ever come across. Why would an intelligent gambler like yourself take the worst odds imaginable?
Why anyone would even consider gambling on a site with a 50-75% edge (depending on 4x vs 8x) is the definition of ignorant stupidity. Sorry if I come across abrasive, but most sites have a house edge of 1-5% depending on the game etc.
50% is highway robbery. No doubt about it. Stay away like the plague.
Or conversely, convince me why gambling with such an egregious house edge is a smart decision.
Happy betting (on ANY site other than the aforementioned)
(Here's a free tip -- play online live blackjack and use Hi-Lo to count and you can have an edge OVER the house of 1-2%).
This is because the house has a 50% edge. 16 possibilities (with either a 4x or 8x payout). This is literally the WORST payout of any gambling site I've ever come across. Why would an intelligent gambler like yourself take the worst odds imaginable?
Why anyone would even consider gambling on a site with a 50-75% edge (depending on 4x vs 8x) is the definition of ignorant stupidity. Sorry if I come across abrasive, but most sites have a house edge of 1-5% depending on the game etc.
50% is highway robbery. No doubt about it. Stay away like the plague.
Or conversely, convince me why gambling with such an egregious house edge is a smart decision.
Happy betting (on ANY site other than the aforementioned)
(Here's a free tip -- play online live blackjack and use Hi-Lo to count and you can have an edge OVER the house of 1-2%).
Its nice that it already has been tested but this is based on 2 people, I do not think you can fully depend on this if you are asking me..
I agree fully with this, 2 people that have given their feedback is not much, we need more people to really trust this website.
I'm really sick of these ponzi's these days...
Well, yes, I've experimented personally with many gambling sites although I haven't had a positive experience overall with gambling. However, I have had luck with a few dice sites.
I guess try not to be too greedy is the key to gambling.
I guess try not to be too greedy is the key to gambling.
Its nice that it already has been tested but this is based on 2 people, I do not think you can fully depend on this if you are asking me..
I never have tried them but you can maybe try them with a very low amount so everyone can see if it its legit.
You have to be very careful these days with such websites.
Two people have already confirmed on the previous page of this thread that the site is paying out as expected.You have to be very careful these days with such websites.
I tried it. It is working as expected. Very addictive. Control yourself before you jump in.
I tested out the site and it pays out appropriately.
I never have tried them but you can maybe try them with a very low amount so everyone can see if it its legit.
You have to be very careful these days with such websites.
You have to be very careful these days with such websites.
i have never heard about them and it seems like i can't find any feedbacks about their service anywhere. do you have any links to something like their announcement topic on the bitcointalk gambling board?
Announcement topic: https://bitcointalksearch.org/topic/chain-betcom-on-chain-no-kyc-15x-win-provably-fair-since-2016-1492457also their domain name .website is most probably acquired for free which is a bad sign.
.website is NOT free at all. Please check https://www.godaddy.com/tlds/website-domain
too risky website, pinoyhash.com is more promising betting website.
i have never heard about them and it seems like i can't find any feedbacks about their service anywhere. do you have any links to something like their announcement topic on the bitcointalk gambling board?
also their domain name .website is most probably acquired for free which is a bad sign.
also their domain name .website is most probably acquired for free which is a bad sign.
I haven't tried them yet, because the house edge is high, and I don't really like betting on high multipliers/on chain games. They seem to be legit though, and have made payouts. Not large amounts, but it is a start. 1/16 chance to win 8x is pretty bad imo.
I never tried this site, I don't like gambling and betting so much, but only check them for gain some knowledge about them. I heard about that first time here. If you like to bet on sports matches then Sportsbet.io is better then any other,
spending your money on a brand new site which is not even confirm as a legit is not a good idea.
Ah... Signature shilling at it's finest. Giancula isn't part of sportsbet.io other than managing the campaign, so you are out of luck for getting a bonus. Also, they advertise a bunch of stuff they don't have, so they aren't that good. Also wanted to point out that bitcoinbetting.website was released before sportsbet.io was. Don't be a hypocrite. spending your money on a brand new site which is not even confirm as a legit is not a good idea.
I never even heard from them, I think they are okay but I never used them, if I was you I would wait on some more reviews just to be sure it can be trusted.
You can never be sure enough these days.
If you never heard from them and there are no real reviews you can better just not take the gamble if you ask me.You can never be sure enough these days.
I came across a pretty new gambling game called ~link removed~ in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
According to a website its looks new i never heard or saw this site before beware .. better to wait for reviews about the site ..or you can try it with your self just put a small amount to try.. some new site in online are scammers and get your real information or other activity. 
Why do you want to bet on a site which looks not very professional and honest when there are money fair prooven sites?
This does not make sense for me. However, if you want to try the site you should set little amounts and look whether it is fair or not.
This does not make sense for me. However, if you want to try the site you should set little amounts and look whether it is fair or not.
I came across a pretty new gambling game called www.bitcoinbetting.website in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
I never tried this site, I don't like gambling and betting so much, but only check them for gain some knowledge about them. I heard about that first time here. If you like to bet on sports matches then Sportsbet.io is better then any other,
spending your money on a brand new site which is not even confirm as a legit is not a good idea.
spending your money on a brand new site which is not even confirm as a legit is not a good idea.
Had a look at the site, It looks fun. Although the domain looks shady. I never liked TLDs like that.
I'd probably wait for more people here to weigh in their experiences first before I try it myself.
I'd probably wait for more people here to weigh in their experiences first before I try it myself.
A waste of your hard earned bitcoins. Try trading if you want to make some steady income.
Okay, so there are already a couple gambling sites that work off this same concept (guessing digits of your transaction ID) as well as other options of gambling, so I guess it's better to check out those others before using Bitcoin Betting.
I would like to know about those gambling sites that work on this same concept. I am not aware of any. Please note that, this is not guessing digits of your transaction ID. Transaction ID (or Hash) can be created offline and hence can not be used as an unpredictable string. This is about guessing the last digit of the block hash which would include your transaction ID. This is something absolutely new as far as my gambling experience is concerned. If u know any other platform is offering similar game, please lemme know. 
I never even heard from them, I think they are okay but I never used them, if I was you I would wait on some more reviews just to be sure it can be trusted.
You can never be sure enough these days.
If you never heard from them and there are no real reviews you can better just not take the gamble if you ask me.You can never be sure enough these days.
Okay, so there are already a couple gambling sites that work off this same concept (guessing digits of your transaction ID) as well as other options of gambling, so I guess it's better to check out those others before using Bitcoin Betting. That being said, the interface is clean and minimalistic (although I can see it being a little dull) and the functionality looks good. The website doesn't look like it's very populated; but I suppose that doesn't mean much for this kind of gambling?
TL;DR: Looks good, but there are plenty of different options with more features.
I never even heard from them, I think they are okay but I never used them, if I was you I would wait on some more reviews just to be sure it can be trusted.
You can never be sure enough these days.
If you never heard from them and there are no real reviews you can better just not take the gamble if you ask me.You can never be sure enough these days.
I never even heard from them, I think they are okay but I never used them, if I was you I would wait on some more reviews just to be sure it can be trusted.
You can never be sure enough these days.
If you never heard from them and there are no real reviews you can better just not take the gamble if you ask me. You can never be sure enough these days.
I never even heard from them, I think they are okay but I never used them, if I was you I would wait on some more reviews just to be sure it can be trusted.
You can never be sure enough these days.
You can never be sure enough these days.
I came across a pretty new gambling game called www.bitcoinbetting.website in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
I tried it. It is working as expected. Very addictive. Control yourself before you jump in.
It appeared to me that the Player vs Player is not much active yet. Hence any bet amount going in is just coming out as is for Player vs Player.
I came across a pretty new gambling game called www.bitcoinbetting.website in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
I tried it. It is working as expected. Very addictive. Control yourself before you jump in. The wining rate is really low to win 8x but if you go through few of the last wining you may see only 3x payout on win. I think they are still in beta phase but even 8x is lower compared to risk of loss.
The payout in their site was 4x at launch and later it was raised to 8x. It was never 3x as you have claimed here. It seems u asked this question in their thread and they have already given an answer to that...Bet id 20 8 0.0003 Click Here 414057 won
but on detail it shows return of 0.0012 BTC which is only 4x of bet but OP claims to return 8x on correct guess quite confusing.
We launched with 4x return and then raised it to 8x. Here is the announcement...but on detail it shows return of 0.0012 BTC which is only 4x of bet but OP claims to return 8x on correct guess quite confusing.
We have experimentally raised the Player vs House multiplying factor from 4x to 8x. Any further changes will be notified here. Thank you everyone for showing interest in this new game.
Let's not spread misinformation.
The wining rate is really low to win 8x but if you go through few of the last wining you may see only 3x payout on win. I think they are still in beta phase but even 8x is lower compared to risk of loss.
I came across a pretty new gambling game called https://www.Chain-Bet.com in another thread. They seems to be on chain and using the last digit of a block hash as random number. Have anyone here tried this so far ? Would like to have some feedback before I start playing there.
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