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Topic: ApopheniaBTC - Bet and solve the challenges to win BTC. - page 7. (Read 58241 times)

legendary
Activity: 966
Merit: 1000
In holiday we trust
The bounties seem a bit small this site has potential to be huge I think you need more publicity and sponsorship.
hero member
Activity: 560
Merit: 501
Supermutated Virulent Microbial Strain
Wow I somehow missed the conversation here over the past days. I'll read through it in the afternoon and answer any questions.

Latest pic is this:



When r u going to post a better quality picture or a clue?
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
Wow I somehow missed the conversation here over the past days. I'll read through it in the afternoon and answer any questions.

Latest pic is this:

legendary
Activity: 966
Merit: 1000
wow that last one looks very difficult  Huh Huh Huh Huh and yet it has the lowest bounty
legendary
Activity: 2982
Merit: 1485
The latest puzzle say this in hint area: "Hint: What is this?"
What kind of hint is that? Cheesy

Still 65 hours and no prediction. It looks hard right now.
hero member
Activity: 658
Merit: 500
oh i knew those letters though i was too late to make a guess on it, i guess i will have to wait for another picture to be more clear also waiting for more games
legendary
Activity: 1148
Merit: 1000
Very fresh and knowledge-use game.
Unfortunately Im very bad in those games  Sad
legendary
Activity: 1582
Merit: 1059
Wow, then how could you think to make money when there are only few challengers in your site? That's very hard with these contestant number. You should do something more to earn more profit. This site has a unique puzzle in BTC community.

Yes this game is fresh and preaty unique, so I think it will do good if it gets promoted. But like he said he prefers to develop it a little more before going that way, and I think that is fair.
Looking forward to see how the new "game mode" will turn out!
Zz
legendary
Activity: 1820
Merit: 1077
Wow, then how could you think to make money when there are only few challengers in your site? That's very hard with these contestant number. You should do something more to earn more profit. This site has a unique puzzle in BTC community.
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
Quote
If you don't solve the puzzle your money is gone. That's how site owner make money.
Actually, that's not true. In the very rare cases when a picture was not solved, the remaining money in the pot is transfered to the starting pot of the next challenge. This is stated in my ToS/Fees I believe.

But when someone know your puzzle you got others btc who put wrong answers, right?

Not exactly.

For each challenge I put from my wallet a starting pot.

People have to bet to place answers.

About 60% of their bet goes to the pot, the other 40% goes to my wallet.

When someone gets the answer right, the whole pot (the starting pot + those 60% of each bet places till then) gets sent to the winner.

Also the starting pot is 4 times the bet.

So to math it up:

B = bet
S = starting pot

S=4*B

After X bets my earnings are:

X*B*40%

And I've already paid for the starting pot:

4*B

So to break even for a picture I need:

X*B*40%=4*B
X*40%=4
X*0.4=4
X=4/0.4
X=10

I need 10 bets to be placed just to get back my money that I lost for the starting pot.

For each bet after the 10th, i'm making a profit.

Of course there are a few more factors that you need to take into account but they are trivial. For example I give out 5% of my earnings to the referral of the winner. So I don't get to keep exactly 40% of the bets. But on the other hand I earn some money from ads etc. And I also loose some money for the domain and the certificate so I guess it's quite more complex but in any case I consider 10 bets to be my break even point. :-)

You can read the ToS, Fees and the other help sections if you'd like to learn more. Or just ask of course.
Zz
legendary
Activity: 1820
Merit: 1077
Quote
If you don't solve the puzzle your money is gone. That's how site owner make money.
Actually, that's not true. In the very rare cases when a picture was not solved, the remaining money in the pot is transfered to the starting pot of the next challenge. This is stated in my ToS/Fees I believe.

But when someone know your puzzle you got others btc who put wrong answers, right?
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
can i ask you how you get profit from it if you actually pay people from your wallet for it as you want to add even more of it?

Well, I don't make profit from it, yet. If I start making profit I will obviously stop advertising this as >150% RTP. :-) Now if the question is why I keep doing it, it's for a few reasons:

1. I think that if I can attract more people to it, it will start making a profit so it's worth loosing some money now rather than letting it die. The break even point for a challenge is something like 8-12 bets if I remember correctly. If more than these many bets are places, I'm making a profit from this picture.
2. My losses are not big, I can definitely cover them. I mean paying for my server is more expensive than what I loose for prizes in Apophenia so it's OK.
3. Ads cover a (small) part of the costs.
4. Ideas like the one in the posts above, when implemented will cut my losses.

Quote
If you don't solve the puzzle your money is gone. That's how site owner make money.
Actually, that's not true. In the very rare cases when a picture was not solved, the remaining money in the pot is transfered to the starting pot of the next challenge. This is stated in my ToS/Fees I believe.
Zz
legendary
Activity: 1820
Merit: 1077
can i ask you how you get profit from it if you actually pay people from your wallet for it as you want to add even more of it?

If you don't solve the puzzle your money is gone. That's how site owner make money.
member
Activity: 64
Merit: 10
can i ask you how you get profit from it if you actually pay people from your wallet for it as you want to add even more of it?
legendary
Activity: 1582
Merit: 1059

Also have you considered an option with a more fast paced game?
Something like this. You would play aggainst other players in real time, probably 1on1 would be best.

Yeah, the could take turns guessing and the picture gets slightly clearer after each guess. Maybe give them maximum 24 hours to make a guess or they loose it. Maybe they loose their turn twice if they delay. And maybe they could have the option to pass their turn once every two turns or something. Yeah I can work on that!

Regarding the more real-time I'm a bit hesitant to force it into a real time game. What I propose above could turn into real-time if both players want to though. ;-) What do you think?

Yep that will work to. I thought about the other idea because I play something similar, but in a console, so it's practical, but on a web site your idea would work better. It would give more time for people to be able to play the game according to their own schedule, but still more paced than your classic mode, and with more emphasis on competing against another player.
hero member
Activity: 640
Merit: 500
Vanity of vanities; all is vanity...
I wish you put another puzzle, waiting 1 week for same puzzle is not good.

Well I should add more pictures instead of picking up the pace actually because I've had complaints about the picture getting clear while someone is sleeping etc.

Also have you considered an option with a more fast paced game?
Something like this. You would play aggainst other players in real time, probably 1on1 would be best.

Yeah, the could take turns guessing and the picture gets slightly clearer after each guess. Maybe give them maximum 24 hours to make a guess or they loose it. Maybe they loose their turn twice if they delay. And maybe they could have the option to pass their turn once every two turns or something. Yeah I can work on that!

Regarding the more real-time I'm a bit hesitant to force it into a real time game. What I propose above could turn into real-time if both players want to though. ;-) What do you think?
legendary
Activity: 1582
Merit: 1059
Loved the idea, you could have more puzzles at the same time though. Also have you considered an option with a more fast paced game?
Something like this. You would play aggainst other players in real time, probably 1on1 would be best.

A blurred image would come out, and maybe 4 option would appear at the bottom. The image would start going more nitid and the fastest one to guess the correct image would win (only one option allowed), so if you press to soon and get it wrong the other player would win (so it would be about skill and not luck, but more on the arcade mode side xD).
legendary
Activity: 1064
Merit: 1000
It's still too hard. One person tried gazebo but it's false. Still 53 hours left and I have no clue.
I wish you put another puzzle, waiting 1 week for same puzzle is not good.
sr. member
Activity: 420
Merit: 250
Damn, I want to try this but by the time the puzzle ends, I'll have forgotten about it.
Put simply, the pots are too long with too little funds.

Maybe an instant payment option could be implemented?
sr. member
Activity: 280
Merit: 250
The programming/math puzzles idea is nice although it's quite different from what apophenia is so it would probably be a sister website. It's more hard to create those puzzles and the betting model would also need to be different most likely. I'll give it some thought... ;-)

The last one shouldn't be too hard I think btw, that's why I left it hintless. :-) It will get clear soon enough.

Do we have to wait same image for 6-7 days? Can you put more puzzles at the same time?
well i guess it would be too big of a loss for him, people usually dont guess if they dont know the image and the prize is usually much bigger than the bet

But this way money flow is so slow. Players have to wait and play only 1 puzzle every week.
well you are right it would be cool if he could add more pictures to guess as i dont have luck hitting anything
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