Topic: Biggest bitcoin bet of 2015? (Read 4762 times)

Guess I need to quote myself again

ITT: No one actually reading the replies

I am the site owner

This is 100% real, there is blockchain proof and would be absolutely stupid for me to fake.
Here's why:

1) BetKing.io has a crowdfunded bankroll, when the house wins the profit gets split to investors. That means I would be paying the investors 1300 Bitcoin!
That would be the biggest waste of advertising money possible and I would still not have made that money back by now with the commission model I have.

2) That big bet is a losing bet, why would I want to promote that someone lost that much? Surely you would want to advertise a win?

3) There is blockchain proof of the player withdrawing 500-1000 Bitcoin multiple times per day for 3 days, almost all of it profit from his wins!

4) This forum was very active for 3 days while it happened and there were people watching all of his bets where he ran up a profit of over 1000 Bitcoin before losing. Posting screenshots in this thread the whole time https://bitcointalk.org/index.php?topic=910134.620 (that's roughly the start page, there are around 6 pages of replies)

And to clear up the player was able to bet so big and win so much because BetKing.io (it was named Pocket Rockets Casino at the time) had the largest crowdfunded Bitcoin bankroll of any gambling site for over a year and a half after JD closed, at the time of this bet there was around 3500 Bitcoin invested IIRC.

Is it possible the dude lost it on his own site?Maybe he was the site owner betting on his own site and created the situation for the drama and exposure to get all us peeps yammering on about it?

IT was explained or discussed somewhere else before but as far as i remember he didn't won many of those bets,it was a big loss.Though people also say that it was done for some popularity

I'm wondering how much that guy won before though. We can see only one bet from which he won 100 BTC but how many bets like this one were before that?

I don't think his winnings were over 1k BTC though.

Really, casino would just do a max to bet, because when some is going to bet like 5000BTC for example.
That he win that I think casino will just lose all the money or some thing. And waw people really cheat that is just sad.

Hufflepuff was cheating at PD and his bet was nowhere near 1300 Bitcoin, PD has a max bet of 40btc at the time.

Probably 1banana highrolling on PD regularly... Unfortunately he lost all.

I'm not sure when the Hufflepuff thing happened. If it was this year then it's the biggest bets I've ever seen.

Look its crazy betting that large amount even if the win odds are 99.9%. Not really worth winning 100BTC by betting 1300BTC.

Anyone know when that was taken?

Did you not see his roll? It is 1.08x multiplier and he still lose it, I just think he is not in that luck to roll. Nope there are some guys that win over 1k btc, if you know jackie. I forgot where did he played at but it seems he won a lot from that

Wow... Firstly the guy must be crazy... He would lose 1k BTC then say "Oh well" on the chat...

Most sites have house edges of less than 100 BTC so it's hard to find a site that accepts that kind of gigantic bets.

The biggest bets I've seen are probably from Turk0jan on PD... He was up 150+ coins before he busted them all.

Unknown? Check my screenshot and make your own conclusions.



Want to check their bankroll? Here you go: https://www.blocktrail.com/BTC/address/1FhxjhFb1YudGC1vtV4FuLpQc2uHzq3XFd

If you ever have that amount of money hit me up, anyways the site is backed up by multiple investors. So before taking you should inform yourself a bit at least, do your homework.

Good luck!

You mean the site with the most wagered of any Bitcoin crowdfunded dice site in the past year and a half?
Proof: https://dicesites.com/

Why is this look likes more to site advertising to me ?

A unknow dice site with high bet LOL

very very very awesome!!!
in the last few days this topic discussed in the group and bitcoin community regardless true or not about that bet we deserve applause for his courage to bet large amounts.

I wonder  he a member here? I hope someone comes along and says "it's me"

ITT: No one actually reading the replies

I am the site owner

This is 100% real, there is blockchain proof and would be absolutely stupid for me to fake.
Here's why:

1) BetKing.io has a crowdfunded bankroll, when the house wins the profit gets split to investors. That means I would be paying the investors 1300 Bitcoin!
That would be the biggest waste of advertising money possible and I would still not have made that money back by now with the commission model I have.

2) That big bet is a losing bet, why would I want to promote that someone lost that much? Surely you would want to advertise a win?

3) There is blockchain proof of the player withdrawing 500-1000 Bitcoin multiple times per day for 3 days, almost all of it profit from his wins!

4) This forum was very active for 3 days while it happened and there were people watching all of his bets where he ran up a profit of over 1000 Bitcoin before losing. Posting screenshots in this thread the whole time https://bitcointalk.org/index.php?topic=910134.620 (that's roughly the start page, there are around 6 pages of replies)

And to clear up the player was able to bet so big and win so much because BetKing.io (it was named Pocket Rockets Casino at the time) had the largest crowdfunded Bitcoin bankroll of any gambling site for over a year and a half after JD closed, at the time of this bet there was around 3500 Bitcoin invested IIRC.

I also think rolling dice with high bet and minimum multiplier have high risk. Even with 10% chance of loss you can easily become bankrupt with 2-3 losing bets.

Sometimes I really think that those bets are nothing but publicity schemes to generate free traffic to the gambling site.

I mean even if you do have 1300 BTC to bet with, what guarantee do you have that the site will actually let you withdraw that much money?

I doubt this will be legit.No one would be stupid enough to bet on a dice with so much btc. I still like to know if this really happened. Does anyone have any contacts with the website or can anyone give me a solid proof that this happened? I would love to write an article on this.

I also remember hufflepuff, a player that won something like 6000 BTC in primedice ! That was crazy ! But of course, I also remember the ones that has bet 7000 BTC on just dice and the only sentence that I do is this: Why? :O

I got it, so even he was lost 300,000 btc and total invested in the site only 3,000 btc the maximum payout wouldn't increased right?
Because maximum payout will increased only if there is an additional funds invested right?
But max payout will decreased if we won 100 of 300 max payout?
How you can calculate max payout if the case like that? Is it correct what I mentioned above?