Welcome to Bytecoin Dice (BTE): Where Fairness and Transparency Meet!
At Bytecoin Dice, we’ve built a game that prioritizes transparency, fairness, and low fees—all powered by the efficiency of Bytecoin (BTE). Here's why Bytecoin Dice is a great choice for players who value trust and reliability in online gaming.
1. Provably Fair: The Heart of Our System
We are committed to ensuring every bet placed is provably fair. This means you, as a player, can verify the fairness of each bet independently, without relying on us.
How Provably Fair Works:
Transaction-Based Outcomes: Every bet is processed based on your unique Bytecoin transaction ID (txid). The txid is a public record created by the Bytecoin blockchain when you place your bet.
Dice Roll Calculation: We take the first 10 characters of the txid (which is in hexadecimal format) and convert it to a decimal number. This number is then used to determine your dice roll, a completely random and verifiable outcome.
Example:
If your txid is 1a2b3c4d5e6f7890abcdef1234567890, we extract the first 10 characters: 1a2b3c4d5e. This hexadecimal value is converted into a decimal number and modded by 100 to generate a dice roll between 0 and 99. The fairness comes from the fact that this txid is created by the Bytecoin blockchain—not by us—so it’s impossible for anyone to manipulate it.
Why This Matters:
You Control the Outcome: No one—including us—can alter the result once the bet is placed. The result is directly tied to the transaction ID created by the Bytecoin network.
Verify for Yourself: After each game, you can independently verify the outcome using the steps we provide. It’s that simple.
2. Low, Transparent Fees: What You Keep Is What You Deserve
At Bytecoin Dice, we want to keep more of your winnings in your pocket. Our house fee is one of the lowest in the industry—just 1% of your total payout. Here’s why that’s a game-changer for you:
When you win a bet, you are entitled to a payout based on the odds you placed your bet on. For example:
A bet on 1/2 odds (50% chance to win) would double your wager.
A bet on 1/4 odds (25% chance to win) would quadruple your wager.
We only take a 1% fee of your payout—not your initial bet amount. This ensures that the lion’s share of the winnings stays with you.
Example of a 1/2 Odds Bet:
Let’s say you placed a bet of 100 BTE on 1/2 odds.
If you win, you’re entitled to 200 BTE (double your original bet).
Our fee would be 1% of your payout, which is 200 BTE. That’s just 2 BTE in fees!
Your final winnings would be 198 BTE—a small fee for a big reward.
Why We Keep Fees Low:
Player-Centric Model: We want you to win, and we want to reward your success. That’s why we keep our fees as low as possible.
Complete Transparency: You’ll always know how much is deducted from your winnings upfront. No hidden fees, no surprises.
3. Bytecoin (BTE) Efficiency: Fast, Secure, and Anonymous
We chose Bytecoin (BTE) because it offers several advantages that align with our vision of fair, efficient, and anonymous gaming.
Key Benefits of Bytecoin:
Speed: Bytecoin transactions are fast, meaning you can place bets and receive payouts almost instantly.
Low Transaction Fees: Bytecoin’s network fees are extremely low compared to other cryptocurrencies, so you won’t lose significant amounts to network fees when placing bets or receiving winnings.
4. How to Verify the Fairness of Your Bet
We’ve made it easy for you to verify your bet outcome independently. Here’s how you can check if you’ve won:
Step 1: Get Your Transaction ID (txid)
After placing your bet, open your Bytecoin wallet and find the transaction where you sent the bet to Bytecoin Dice. This will be marked as a sent transaction.
Copy the transaction ID (txid) from your wallet.
Step 2: Convert txid to Decimal
Take the first 10 characters of your txid.
Use an online hexadecimal to decimal converter to convert these characters into a decimal number.
Step 3: Calculate Your Dice Roll
Once you have the decimal number, apply this formula to get your dice roll:
Dice Roll = (Decimal Value) mod 100
This gives you a random number between 0 and 99.
Step 4: Compare to the Betting Odds
For 1/2 odds, you win if the dice roll is less than 50.
For 1/4 odds, you win if the dice roll is less than 25.
For 1/8 odds, you win if the dice roll is less than 12.5.
For 1/16 odds, you win if the dice roll is less than 6.25.
If your dice roll is below the threshold for the odds you chose, congratulations—you win! Bytecoin Dice will automatically send your winnings to your Bytecoin address.
5. Why Play Bytecoin Dice?
Provably Fair: You can verify every single bet outcome. We use the Bytecoin blockchain to ensure fairness.
Low Fees: Just 1% of your payout is deducted as our house fee—one of the lowest in the industry.
Fast and Secure: Bytecoin (BTE) offers fast transaction speeds with enhanced privacy features, giving you a seamless experience.
So what are you waiting for? Take a spin on Bytecoin Dice (BTE) and enjoy the most transparent, fair, and rewarding gaming experience today!