Topic: bustabit – The original crash game - page 72. (Read 61171 times)

Youre not the first one to come up with a variation of martingale that you think beats the house. But even if you had unlimited funds you still can't do it. You will always lose because of house edge and max bet size. You should create a simulation and test your strategy on millions of random crashes.

Thank you for the reply. I have to say it seems very close to the original as far as the look goes.

Do you have any plans for expansion in to other websites to add to the portfolio or expanding the range on either website to give it a Stake type of multi-gaming feel? Or are current plans just to keep things are they are and concentrate on operating both websites?

For rare events is made a reset to the initial bet. Doubling does not go on forever, the loss after the last unsuccessful bet is overlaps by subsequent successful ones which will go after the reset. There is a certain balance in the system of doubling bets, at some moment it ceases to work in plus and begins to increase the loss in progression.

Aaand his Twitter was already hacked. Yikes.

Don't get me wrong there are still possibilities and there are rare instances, so yes you are right that when you build a strategy you feel like you are doing it based on what is rare and what is not rare. Yet what you are forgetting is that the game CAN go 1000x twice in a row, the game CAN go 1.13 10 times in a row, just because it is rare doesn't mean it is impossible, the word "impossible" here is not used figuratively but literally, it is literally possible to make insane moves.

Now of course, you can make more money by chasing the rare events because they are rare so you would lose "rarely" but that doesn't mean it won't happen. Which means you will make a profit for a long time and hit a bad luck couple times in a row and lose all your money, the only difference between you and someone who lost all his money on first try would be the time you guys spent.

I believe that Stake's crash game is custom-built and doesn't share any code with bustabit.

Yep. Most often no matter how it's explained, people believe what they want to believe though

Simply put, previous outcomes don't help predict future results. Every round's outcome is 100% independent from each previous round.

Your logic is incorrect. However much you may believe it's possible to predict when an outcome (in an independent event) is the most likely, it isn't. Each round of the game, the probability of an event remains the same. The event could be for example that the game crashes at 2x. Probability of this event is 49.5% for each round. You cannot take previous events into calculation as each round is independent from the previous rounds. You can calculate that the probability of an event after 999 rounds could be 99.99% but if the next round is independent from the 999 other rounds, there's no certainty that the event happens in the 1000th round.

EDIT: Added emphasis that this applies for independent events

The whole world is a set of systematic randomness. 2 people in one city cannot go crazy and go jump from the roof. More precisely the probability of such event is extremely small. We don’t see 5 times in a row bust at 1x, (I saw 3) just as we don’t see 10 times in a row at 10x, we can build an algorithm that tracks a sequence of rare events after which will start the game.

Yeah, some websites really do not need a curacao license at all if you ask me, sure in order to save themselves from legal stuff they do have some license but consider this for a moment, do you really trust curacao licensing platform or do you trust devans more?

I personally trust RHavar and Devans more than I trust whoever is giving licenses to these casinos, I am sure there has been a ton of casinos with curacao licenses that was given to them by some idiot and then those casinos actually scammed people, which means they are not really a proof that curacao is trustworthy or enough.

However when you look at devans and Rhavar they are actually more trustworthy to me than Trump coming up and saying "this website is trustworthy" that is actually a warning that it is not trustworthy, so I trust these guys more than I trust president of USA.

my god man, what part of random don't you understand? there are no strategies.

Just out of curiosity, is the Crash game on Stake under licence from Bustabit or is that a different code altogether?

Yesterday when the stakes were high and reached 1 Bitcoin large crash values did not drop out, some players lost up to 5 bitcoins. This morning no one big is playing and 2 Nyans in a row have appeared. I do not understand how this works. Why does one who puts a large amount and counts on a low cash out get bust at 1x, and when he leaves the game, the game immediately changes and starts again to show large crash values, what is the reason?

Though I am not referring to Bustabit/Bustadice but more in the generic sense, it is understandable that gaming websites owners might want anonymity for a variety of reason but eventually all those reasons could be used in various ways to provide cover in the event of an exit scam. That does not help game players or investors but that is just the way things are. Investing is a risk and so is game playing in more ways than the obvious one.

I think I can see the warnings coming from one particular gaming website registered in Curaçao. Just the manner in which posts are made, posts are responded to and posts are ignored - speaks volumes about the project. When the project owner feels like he is somehow higher than others because

Sadly I cannot make a scam accusation against that one because as of yet nothing in relation to scam has occurred but when the exit strategy is implemented it will be too late to do anything about it. For that one, I do not see a case of selective scamming either as it will make others aware and they will pull (or try to pull) their funds out of the website. Instead, the owner will probably close overnight without warning just as another one that popped up out of nowhere and then vanished which was called Satoshibet: https://bitcointalksearch.org/topic/satoshibetio-lightning-network-provably-fair-no-registration-trollbox-5119826

I really think the value of Bustabit and Bustabit is way beyond any seal showing a Curaçao Licence. The manner is which the websites are maintained and the calm demeanour of its owner/operator along with the 10,000+ Bitcoin combined bankroll provide ample confidence to game players and investors. Plenty of gaming sites will pop-up for a short time then vanish without trace but the likes of Bustabit, Bustadice, Stake and Primedice will be around a long time because of the teams behind them.

In fact I'm already close to finding the Grail, the answer to how to play lies on the surface, just no one is looking for easy ways and come up with something more complex, such as strategies with averages and medians. You can start the game after the crash below 1.13x. Judging by the history, trains below 1.27x are quite rare; you can earn bits in between this trains. Immediately after the crash 1.13, start the game with a doubling and Cashout at 1.27x.

I'd rather refrain from advertising the site on devans thread, however we do have two other modes (Jackpot & Coinflip) Which are 100% Provably fair with unmined hashes from EOS blocks determining the winner.
There's a lot of complications when designing a provably fair system for RPS that's both user friendly and safe.
Like I said above, there's a way to do it however it introduces a huge window for user error and user experience is thrown out, as well as the additional learning curve of the play-style.
You can make RPS provably fair if it were house based i.e house creates games, however I feel this also takes away the unique feel of it as RPS traditionally is more known for not being a game of complete sheer randomness, and there's some minor strategies you can employ such as getting in your opponents head, conversely you could just randomly generate your choice.
Playing against the house basically just turns it into any other dice game / coinflip, where the outcome is you either double your money, draw, or break even.

If heat.gg is not making a provably fair one (they literally stated themselves) then there is no point on playing there, it all comes down to trusting the website and why would I, I wouldn't mind playing there with provably fair games, I have nothing against anyone in the crypto world but if it is not provably fair then I am not going to really risk it.

Also, you are definitely right if there was a way to provide hash myself I wouldn't play there neither because it is way too much work to put for just a simple RPS game, if there is a way to make RPS provably fair without too much work (basically just clicking) then I would love to play there, if there is nothing well I am not playing RPS right now so I would just continue to do that until someone figures it out.

^ yeah, the license is more to protect the owner and legitimize his new income stream wrt paying taxes and whatnots.

Well as a minimum standard many gaming websites show they have some sort of incorporation use Curaçao Licence.

In essence, if companies are incorporated in their country of residence they will probably be breaking the law as they will need a casino licence which will probably never be granted to a small company or start-up. Getting a gaming licence from the UK, EU or US for a small company or start-up with small amounts of funding will never happen. Registering a casino in Costa Rica such as when serial scammer Dean Nolan did with betking.io during the ICO in 2017 using an off-shore registrar is easy. So is registering in Curaçao. Neither offer investors or game players any real protection.

One of the main things it does for the owners when using Costa Rica and Curaçao is that they remain anonymous, their names and addresses are not made public and are not accessible by anybody. In the EU you can go online and find background information on any incorporation including names and addresses of shareholders.

A Curaçao licence does not actually provide any benefit to the end user, this quote in the link below just about sums it up "The greatest disadvantage of a license from Curacao is that it doesn't have much meaning":

https://www.gamblingsites.org/laws/curacao/


When Bustabit and Bustadice had an issues where some Bitcoin were stolen their owner ensured it was fixed fast and topped up the losses from his own pocket so bankroll investors did not lose out. That sort of behaviour has given Bustabit and Bustadice a great reputation and that reputation of the websites and its owner are a far bigger seal approval than the Curaçao seal.