Bitcoinduit.com - No more 2% House Fee, new game coming soon..

bal3wolf

sr. member

Activity: 476

Merit: 250

Power to the people!

Quote from: btcrun on August 19, 2011, 11:37:12 AM

Quote from: adalov on August 10, 2011, 09:49:04 PM

There is always a 10% fee on the first bet. Unfortunately this is not mentioned anywhere on the site.

This should appear in the rules section!
And what about the refund if only the initial bet is placed? Is this still common? Or is the 50-50 rule aplying at this point?

Thats why i stoped using the site so many games are poping up you have a high chance of never getting any bets and getting screwed bad house takes 10%+50% and you only end up getting 40% of your money back. More people would play if say you put it in as if no one plays you get 75% of your bet back you still profit and more people would play the game and not get burned and never come back.

btcrun

member

Activity: 103

Merit: 10

Quote from: adalov on August 10, 2011, 09:49:04 PM

There is always a 10% fee on the first bet. Unfortunately this is not mentioned anywhere on the site.

This should appear in the rules section!
And what about the refund if only the initial bet is placed? Is this still common? Or is the 50-50 rule aplying at this point?

Jonathan Ryan Owens

donator

Activity: 392

Merit: 252

Quote from: d3m0n1q_733rz on August 16, 2011, 09:00:30 PM

Having a bit of a problem using the site.

Could not connect: Access denied for user 'bitcoinduit'@'localhost' (using password: YES)

We were migrating. Had a service disruption, everything is back as it should be.

Regards,
Jonathan

d3m0n1q_733rz

sr. member

Activity: 378

Merit: 250

Having a bit of a problem using the site.

Could not connect: Access denied for user 'bitcoinduit'@'localhost' (using password: YES)

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

I just added .005 to the bounty Wink

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

Quote from: geek-trader on August 11, 2011, 12:09:12 AM

Quote from: Jonathan Ryan Owens on August 10, 2011, 01:45:35 AM

Quote from: shakaru on August 10, 2011, 01:38:28 AM

I love it. I do a game every Wednesday at 9pm GMT using your service and this makes me so much more happier knowing there is no more 2% fee. What is this new game too? So interested.
Thanks for your site btw. Great idea.

The new game will include the option to take a % of deposits and fund a bounty receiving address, which will be listed at the top of each round. This address can be used by anyone to send Bitcoin to, be it someone in the game (the host, or other generous players) or a complete stranger on the internet.

The public bounty address will be associated with a hyperlink for the purposes of viewing the sent balance on block explorer.

At the end of the round, the private key will be emailed to the last man in, with each person above him receiving the key in 5 minute increments, until the receiving address is drained by someone who successfully imports the private key into a wallet, and transfers the balance to their address of choice.

If none of the round players have redeemed the private key by the time 5 minutes has passed since the Host has received the private key associated with the bounty address, then the address will be made live in at the top of the round.

Regards,
Jonathan

OK, I just learned how to do this. Lets go for it! When do you think it will go live?

I'm looking forward to this too.

geek-trader

sr. member

Activity: 294

Merit: 250

Quote from: Jonathan Ryan Owens on August 10, 2011, 01:45:35 AM

Quote from: shakaru on August 10, 2011, 01:38:28 AM

I love it. I do a game every Wednesday at 9pm GMT using your service and this makes me so much more happier knowing there is no more 2% fee. What is this new game too? So interested.
Thanks for your site btw. Great idea.

The new game will include the option to take a % of deposits and fund a bounty receiving address, which will be listed at the top of each round. This address can be used by anyone to send Bitcoin to, be it someone in the game (the host, or other generous players) or a complete stranger on the internet.

The public bounty address will be associated with a hyperlink for the purposes of viewing the sent balance on block explorer.

At the end of the round, the private key will be emailed to the last man in, with each person above him receiving the key in 5 minute increments, until the receiving address is drained by someone who successfully imports the private key into a wallet, and transfers the balance to their address of choice.

If none of the round players have redeemed the private key by the time 5 minutes has passed since the Host has received the private key associated with the bounty address, then the address will be made live in at the top of the round.

Regards,
Jonathan

OK, I just learned how to do this. Lets go for it! When do you think it will go live?

adalov

full member

Activity: 126

Merit: 100

There is always a 10% fee on the first bet. Unfortunately this is not mentioned anywhere on the site.

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

Bug?

http://bitcoinduit.com/game/viewRound.php?id=High_Roller
ROI: 20%
Jackpot: 0%
Fees: 0.0%
Fees Total: 0.2000

http://bitcoinduit.com/game/viewRound.php?id=Secret_Doubler
ROI: 100%
Jackpot: 0%
Fees: 0.0%
Fees Total: 0.2500

Jonathan Ryan Owens

donator

Activity: 392

Merit: 252

Quote from: codler on August 10, 2011, 05:09:39 AM

Under the headline "Stats for Confirmed Deposits" , "Fees Total:" isnt 0BTC on rounds with fee 0%?

That's a cumulative stat. Fee is now 0%.

Regards,
Jonathan

codler

full member

Activity: 191

Merit: 100

Under the headline "Stats for Confirmed Deposits" , "Fees Total:" isnt 0BTC on rounds with fee 0%?

Jonathan Ryan Owens

donator

Activity: 392

Merit: 252

Quote from: shakaru on August 10, 2011, 01:49:50 AM

Quote from: Jonathan Ryan Owens on August 10, 2011, 01:45:35 AM

Quote from: shakaru on August 10, 2011, 01:38:28 AM

I love it. I do a game every Wednesday at 9pm GMT using your service and this makes me so much more happier knowing there is no more 2% fee. What is this new game too? So interested.
Thanks for your site btw. Great idea.

The new game will include the option to take a % of deposits and fund a bounty receiving address, which will be listed at the top of each round. This address can be used by anyone to send Bitcoin to, be it someone in the game (the host, or other generous players) or a complete stranger on the internet.

The public bounty address will be associated with a hyperlink for the purposes of viewing the sent balance on block explorer.

At the end of the round, the private key will be emailed to the last man in, with each person above him receiving the key in 5 minute increments, until the receiving address is drained by someone who successfully imports the private key into a wallet, and transfers the balance to their address of choice.

If none of the round players have redeemed the private key by the time 5 minutes has passed since the Host has received the private key associated with the bounty address, then the address will be made live in at the top of the round.

Regards,
Jonathan

Me, I personally like this idea because it seems like something I can take advantage of. But as far as to the patrons of my games, I dont know if they are of a technical mindset to do this.

I was thinking to my self ealier that it would be great if there were options in the game that would allow me to see who the highest contributor was, or a way that the last depositor could get the half of the pot that would goto the op instead of the op getting it. Just a few more pull down menus and you could have this. These are all ideas that would get me to bite btw.

I don't expect everyone to use this game feature, but the tech savvy crowd will bite at it. If you know how to import a private key into your wallet, you will succeed. If you don't know how, I bet you go and learn really fast.

This game is sort of an educational tool above all else. I'm trying to help introduce concepts of how payments really work to the noobs and show that through repetition, anything becomes easy to understand.

Regards,
Jonathan

p.s. I'll give your thoughts on additional game rules some serious consideration.

shakaru

sr. member

Activity: 406

Merit: 250

QUIFAS EXCHANGE

Quote from: Jonathan Ryan Owens on August 10, 2011, 01:45:35 AM

Quote from: shakaru on August 10, 2011, 01:38:28 AM

I love it. I do a game every Wednesday at 9pm GMT using your service and this makes me so much more happier knowing there is no more 2% fee. What is this new game too? So interested.
Thanks for your site btw. Great idea.

The new game will include the option to take a % of deposits and fund a bounty receiving address, which will be listed at the top of each round. This address can be used by anyone to send Bitcoin to, be it someone in the game (the host, or other generous players) or a complete stranger on the internet.

The public bounty address will be associated with a hyperlink for the purposes of viewing the sent balance on block explorer.

At the end of the round, the private key will be emailed to the last man in, with each person above him receiving the key in 5 minute increments, until the receiving address is drained by someone who successfully imports the private key into a wallet, and transfers the balance to their address of choice.

If none of the round players have redeemed the private key by the time 5 minutes has passed since the Host has received the private key associated with the bounty address, then the address will be made live in at the top of the round.

Regards,
Jonathan

Me, I personally like this idea because it seems like something I can take advantage of. But as far as to the patrons of my games, I dont know if they are of a technical mindset to do this.

I was thinking to my self ealier that it would be great if there were options in the game that would allow me to see who the highest contributor was, or a way that the last depositor could get the half of the pot that would goto the op instead of the op getting it. Just a few more pull down menus and you could have this. These are all ideas that would get me to bite btw.

Jonathan Ryan Owens

donator

Activity: 392

Merit: 252

Quote from: shakaru on August 10, 2011, 01:38:28 AM

I love it. I do a game every Wednesday at 9pm GMT using your service and this makes me so much more happier knowing there is no more 2% fee. What is this new game too? So interested.
Thanks for your site btw. Great idea.

The new game will include the option to take a % of deposits and fund a bounty receiving address, which will be listed at the top of each round. This address can be used by anyone to send Bitcoin to, be it someone in the game (the host, or other generous players) or a complete stranger on the internet.

The public bounty address will be associated with a hyperlink for the purposes of viewing the sent balance on block explorer.

At the end of the round, the private key will be emailed to the last man in, with each person above him receiving the key in 5 minute increments, until the receiving address is drained by someone who successfully imports the private key into a wallet, and transfers the balance to their address of choice.

If none of the round players have redeemed the private key by the time 5 minutes has passed since the Host has received the private key associated with the bounty address, then the address will be made live in at the top of the round.

Regards,
Jonathan

shakaru

sr. member

Activity: 406

Merit: 250

QUIFAS EXCHANGE

I love it. I do a game every Wednesday at 9pm GMT using your service and this makes me so much more happier knowing there is no more 2% fee. What is this new game too? So interested.
Thanks for your site btw. Great idea.

Jonathan Ryan Owens

donator

Activity: 392

Merit: 252

Discuss.

Topic: Bitcoinduit.com - No more 2% House Fee, new game coming soon.. (Read 1747 times)