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Topic: bustabit.com -- The Social Gambling Game - page 19. (Read 293500 times)

hero member
Activity: 706
Merit: 500
I'm looking to pay someone to make a custom bb script for me. PM me if your capable and willing to do the job for .02
hero member
Activity: 994
Merit: 502
Another huge bustabit winner:



That's 201 BTC, but most impressively that's a recovery from previously -82 BTC.

Great! Smiley This definitely restores hope for gamblers from the bottom of graph.
He was in the BTC100 profit club and then went to -BTC81 and yesterday I checked his profile and he was up 6BTC even that was incredible result.
Up with 6 btc is still good since its $6000+ as of now which is already a good amounts of money. 82 btc lose was huge and now he able to recover to won 200 btc which is really great and you are right it restores hope but should not be taken seriously because we dont have the same luck as theirs and we dont have that much money to use on playing.
currently he is still betting and his profit down to 170 btc. He was crazy, he was betted on high multiplier with high bet too (mostly he was used 1 btc/bet) and chasing max profit (around 22-23x), he is still doing this until now. He was recovered, then back to (-) negative and then recovered again until now.
Here is one of his big winning bet(5 mins ago)



Haha this is the rare case where variance may not work in the house's favor....
legendary
Activity: 1680
Merit: 1001
Another huge bustabit winner:



That's 201 BTC, but most impressively that's a recovery from previously -82 BTC.

Great! Smiley This definitely restores hope for gamblers from the bottom of graph.
He was in the BTC100 profit club and then went to -BTC81 and yesterday I checked his profile and he was up 6BTC even that was incredible result.
Up with 6 btc is still good since its $6000+ as of now which is already a good amounts of money. 82 btc lose was huge and now he able to recover to won 200 btc which is really great and you are right it restores hope but should not be taken seriously because we dont have the same luck as theirs and we dont have that much money to use on playing.
currently he is still betting and his profit down to 170 btc. He was crazy, he was betted on high multiplier with high bet too (mostly he was used 1 btc/bet) and chasing max profit (around 22-23x), he is still doing this until now. He was recovered, then back to (-) negative and then recovered again until now.
Here is one of his big winning bet(5 mins ago)

hero member
Activity: 2926
Merit: 722
CoinPoker.com
Another huge bustabit winner:



That's 201 BTC, but most impressively that's a recovery from previously -82 BTC.

Great! Smiley This definitely restores hope for gamblers from the bottom of graph.
He was in the BTC100 profit club and then went to -BTC81 and yesterday I checked his profile and he was up 6BTC even that was incredible result.
Up with 6 btc is still good since its $6000+ as of now which is already a good amounts of money. 82 btc lose was huge and now he able to recover to won 200 btc which is really great and you are right it restores hope but should not be taken seriously because we dont have the same luck as theirs and we dont have that much money to use on playing.
member
Activity: 114
Merit: 10
Bankroll will make or break you (just like every other gambling game). Alexy clearly has oodles of bankroll to ride through the extreme losses.
legendary
Activity: 2184
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
Another huge bustabit winner:



That's 201 BTC, but most impressively that's a recovery from previously -82 BTC.

Great! Smiley This definitely restores hope for gamblers from the bottom of graph.
He was in the BTC100 profit club and then went to -BTC81 and yesterday I checked his profile and he was up 6BTC even that was incredible result.
legendary
Activity: 2557
Merit: 1886
Another huge bustabit winner:



That's 201 BTC, but most impressively that's a recovery from previously -82 BTC.
legendary
Activity: 2557
Merit: 1886
You mean by skill player? I do not think that it has anything to do with skill here, as long as you are the highest bettor and try to last long enough then you will good bonus.

Well that's the skill part, knowing to do that. There's a bit of a metagame though, for instance if someone is aiming at 100x, i know their chance of cashing out is only ~1% so I wouldn't try cash out after them, but I'd be better off cashing out early to secure the bonuses in the games they don't cash out.

Also the bonuses are % based, so it's equally fair no matter how big of a better you are -- you don't need to be the highest bettor (although sometimes it can help beef up the bonus pool).

Quote
And btw what do you mean by calculator for this house edge? Is there any calculator there?
https://www.bustabit.com/calculator
legendary
Activity: 1834
Merit: 1008
Also 1% skill ? You can't prove that ? Is it probabky fair that it is 1% . What skill exactly? That's a way to advertise to get people to play and is the only problem I have with bustabit. If it was 1% skill bustabit would make no money. I think they mean 1% house edge. Who knows. Maybe there is a crash level you can pull xP

The bonus system allows for skilled play, and there have been +EV bots created that can beat the house edge and make a profit. Those +EV bots make a profit from other people losing more. (which is why bustabit is kinda a PvP game) Bustabit makes money from their house edge, and people being unlucky. They even have a calculator for finding the house edge depending on the multiplier.

Poker is at least 50% skill, but poker houses still make money, so I don't see why 1% skill prevents bustabit from making money.

You mean by skill player? I do not think that it has anything to do with skill here, as long as you are the highest bettor and try to last long enough then you will good bonus. And btw what do you mean by calculator for this house edge? Is there any calculator there?
legendary
Activity: 2557
Merit: 1886
Also 1% skill ? You can't prove that ? Is it probabky fair that it is 1% . What skill exactly?  That's a way to advertise to get people to play and is the only problem I have with bustabit.

The "1% skill" part comes from ~1% of the game is bonus based. For every 100 BTC that is wagered, on average the site gives out 1% in bonuses. The bonus part is skill based in the sense you can compete with other players for it (see: bustabit.com/faq#fair)

Quote
If it was 1% skill bustabit would make no money. I think they mean 1% house edge. Who knows. Maybe there is a crash level you can pull xP

Actually the house edge is quite a bit lower than 1% (see: bustabit.com/faq#odds). The skill based part doesn't really impact the house, as it's actually a purely pvp component (players fight amongst themselves for it)
legendary
Activity: 2772
Merit: 3282
Also 1% skill ? You can't prove that ? Is it probabky fair that it is 1% . What skill exactly? That's a way to advertise to get people to play and is the only problem I have with bustabit. If it was 1% skill bustabit would make no money. I think they mean 1% house edge. Who knows. Maybe there is a crash level you can pull xP

The bonus system allows for skilled play, and there have been +EV bots created that can beat the house edge and make a profit. Those +EV bots make a profit from other people losing more. (which is why bustabit is kinda a PvP game) Bustabit makes money from their house edge, and people being unlucky. They even have a calculator for finding the house edge depending on the multiplier.

Poker is at least 50% skill, but poker houses still make money, so I don't see why 1% skill prevents bustabit from making money.
hero member
Activity: 966
Merit: 535
OMG bustabit . Ryan enjoy my money. Eh I'm not gonna play again it's too addictive and I'm the wrong person who should play I will go broke because it's too much fun. Also I watch a guy lose a lot the other day and don't want to end up like him.

Also 1% skill ? You can't prove that ? Is it probabky fair that it is 1% . What skill exactly? That's a way to advertise to get people to play and is the only problem I have with bustabit. If it was 1% skill bustabit would make no money. I think they mean 1% house edge. Who knows. Maybe there is a crash level you can pull xP
hero member
Activity: 700
Merit: 500
No way you can retire with ~$300,000 today....maybe if you're like 70 already...

It depends on where you live.
You have to be living in a very poor third World country to retire with $300K, I mean here where I live, I consider us either third World or a bad second World country and houses costs close to $300k if you want a good house. Definitely a lot more in USA in some places. If you live in a third World country where $300k is a whole lot of Money than I am sure you won’t be betting that on bustabit as well.
hero member
Activity: 1008
Merit: 1012
I just want a bitcoin based gambling site that I am wanting to join in on and try to be as transparent as possible to the players who want to join there site.

For what it's worth, bustabit is one of the most transparent gambling businesses out there.  You can see bustabit.com/stats with it presented over time by some sites like thebitcoinstrip.com But unfortunately there's nothing like FDIC-insured bitcoin casino accounts
Fair enough. Smiley
I see you have been asked these sort of questions before and have your answers prepared so not to disclose your site's secrets of your sites business model.
I can respect that. Wink
legendary
Activity: 2557
Merit: 1886
I just want a bitcoin based gambling site that I am wanting to join in on and try to be as transparent as possible to the players who want to join there site.

For what it's worth, bustabit is one of the most transparent gambling businesses out there.  You can see bustabit.com/stats with it presented over time by some sites like thebitcoinstrip.com But unfortunately there's nothing like FDIC-insured bitcoin casino accounts
hero member
Activity: 1008
Merit: 1012
No but, i believe the situation that happen and with the screenshots and everything showing you that i couldn't even cancel a bet and it still betted my money....never mind just please check you email.

As I've explained, I've carefully gone over the logs and the server behaved exactly as expected. While I'd love to have the margins to hand out money, bustabit operates on one of (or the?) lowest margins in the business and it simply isn't economically viable for me to refund losing bets. That is unfortunately non-negotiable and final, even if it means I get a bad review here and reddit.
Are you the owner of Bustabit?
Where are they located? It says licensed on the home page but that does not mean they are located there.
Clarify this so I can have confidence when I am placing my btc into the wallet of your site.

Although you have doubt in them, you can put it away just saw their big win there. See their leaderboard and you will be amaze on how much they have win. I do not say that it will guarantee you winning but it still depends on luck when you are doing gambling thing
Not really a doubt factor here. I didn't say anything about how much they are paying out or how much they are taking in. It is not about that.
I just want a bitcoin based gambling site that I am wanting to join in on and try to be as transparent as possible to the players who want to join there site.
Is that not something someone has the right to know when they are putting any of their money, in this case bitcoin which is worth money to them, into before they use a service or making a purchase?
If not, then you might as well be just giving him your money/bitcoin and not even bother playing. Because this is just as good as throwing your money/bitcoin away.
It is in my eyes anyways. Roll Eyes
legendary
Activity: 1834
Merit: 1008
No but, i believe the situation that happen and with the screenshots and everything showing you that i couldn't even cancel a bet and it still betted my money....never mind just please check you email.

As I've explained, I've carefully gone over the logs and the server behaved exactly as expected. While I'd love to have the margins to hand out money, bustabit operates on one of (or the?) lowest margins in the business and it simply isn't economically viable for me to refund losing bets. That is unfortunately non-negotiable and final, even if it means I get a bad review here and reddit.
Are you the owner of Bustabit?
Where are they located? It says licensed on the home page but that does not mean they are located there.
Clarify this so I can have confidence when I am placing my btc into the wallet of your site.

Although you have doubt in them, you can put it away just saw their big win there. See their leaderboard and you will be amaze on how much they have win. I do not say that it will guarantee you winning but it still depends on luck when you are doing gambling thing
legendary
Activity: 3304
Merit: 1221
Top Crypto Casino
No way you can retire with ~$300,000 today....maybe if you're like 70 already...

It depends on where you live.
legendary
Activity: 1680
Merit: 1001
Wow, we have a new #1 by net profit:

-snip-

Yup, that's right: LosDeXibalbaMC has won 286 BTC  Shocked
He only lead in 1 day (Lose 11 btc yesterday) and now gohard get his position back as the number #1 by the highest net profit https://www.bustabit.com/user/gohard with 279 BTC profit



hero member
Activity: 994
Merit: 502
No way you can retire with ~$300,000 today....maybe if you're like 70 already...
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