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Topic: bustabit.com -- The Social Gambling Game - page 37. (Read 293959 times)

legendary
Activity: 1463
Merit: 1886
October 13, 2016, 04:41:35 PM
Wow, we've finally hit  500k bitcoin wagered!!


As a fun prize, first person who can tell me how many nyan games there has been, since we've been provably fair will get 0.1 btc. (Please don't guess, show exactly how you figured it out)
legendary
Activity: 1463
Merit: 1886
October 12, 2016, 02:16:05 PM
What exactly were the accusations?  They have so many players that there's absolutely no reason to cheat.  People are silly.

Basically not paying out people who won a lot of money, and shadow muting anyone who discusses it. I don't play there myself, or have any inside information -- so I really have no way of knowing if the accusations are true, so I feel bad for repeating rumors. But I have heard this from a few different independent people, and I would feel bad for saying nothing if this is actually true.

They also disappeared for a few weeks without a trace or any communication, where everyone presumed they exit-scammed and then came back online, as they realized that was a bit short-sighted. So they're probably not the most reliable of people.
legendary
Activity: 1330
Merit: 1000
October 12, 2016, 01:12:44 PM
I've heard from a few different people that csgocrash.com (who I regretfully sold a copy of the source code of bustabit, for 2 btc) has started scamming from its users. I have no way of verifying the accusations, but would strongly advise staying clear of that site until it's resolved.

Sad

What exactly were the accusations?  They have so many players that there's absolutely no reason to cheat.  People are silly.
full member
Activity: 140
Merit: 100
October 12, 2016, 11:17:51 AM
I've heard from a few different people that csgocrash.com (who I regretfully sold a copy of the source code of bustabit, for 2 btc) has started scamming from its users. I have no way of verifying the accusations, but would strongly advise staying clear of that site until it's resolved.

People will also have almost no recourse to recoup funds, given that Valve is already cracking down on CSGO gambling and probably won't be very sympathetic to people who lose money
legendary
Activity: 1463
Merit: 1886
October 12, 2016, 11:16:31 AM
I've heard from a few different people that csgocrash.com (who I regretfully sold a copy of the source code of bustabit, for 2 btc) has started scamming from its users. I have no way of verifying the accusations, but would strongly advise staying clear of that site until it's resolved.
hero member
Activity: 714
Merit: 500
October 07, 2016, 12:00:28 AM
Wow! Our biggest single-game win ever. A big congratulations to alexy, winning a 35.3 BTC in a single game (with a bet of 0.03 BTC or 30000 bits)!

https://www.bustabit.com/game/3208538

That is really big win and that was so amazing feeling to get 1,177x in a bet, congratulation to alexy for winning that huge amount, that is nice to see because I never tried more than 100x on that game.
legendary
Activity: 1463
Merit: 1886
October 06, 2016, 11:33:48 PM
Wow! Our biggest single-game win ever. A big congratulations to alexy, winning a 35.3 BTC in a single game (with a bet of 0.03 BTC or 30000 bits)!

https://www.bustabit.com/game/3208538
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
September 28, 2016, 10:11:48 PM
Omg I lost all of my profit for 1 month all in ones! This is because of my greedynes, 10 red train  eats my profit for 1 month too sad i need to start again from the beginning Sad
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
September 28, 2016, 10:03:29 PM
Somewhat of a milestone:



Taken from: https://thebitcoinstrip.com/leaderboard.html


Let's see how long we can hold this place!  Grin


Edit: Maybe I'm celebrating a little too early. Seems like thebitcoinstrip.com has had some stats collection errors in the past week, and is clearly underestimating PD wagers? (it shows only 224k BTC wagered?)

I had no you guys were getting that much action.

Maybe Bitcoin gambling isn't in as bad a shape as I thought.  Congrats.

( No idea who owns thebitcoinstrip. but, it would be nice if they put up some warnings for some of the shady sites and dropped the known scam sites.  Example )

full member
Activity: 140
Merit: 100
September 28, 2016, 09:35:25 PM
Somewhat of a milestone:



Taken from: https://thebitcoinstrip.com/leaderboard.html


Let's see how long we can hold this place!  Grin


Edit: Maybe I'm celebrating a little too early. Seems like thebitcoinstrip.com has had some stats collection errors in the past week, and is clearly underestimating PD wagers? (it shows only 224k BTC wagered?)


Their stats have been off fairly frequently. They said one week that Crypto Games had $200m USD wagered in a single week
legendary
Activity: 1463
Merit: 1886
September 28, 2016, 09:20:03 PM
Somewhat of a milestone:



Taken from: https://thebitcoinstrip.com/leaderboard.html


Let's see how long we can hold this place!  Grin


Edit: Maybe I'm celebrating a little too early. Seems like thebitcoinstrip.com has had some stats collection errors in the past week, and is clearly underestimating PD wagers? (it shows only 224k BTC wagered?)
legendary
Activity: 3808
Merit: 1723
September 17, 2016, 07:01:05 AM
I give up playing bustabit. .1 Bitcoin I just disappear. I can not control my appetite when you're getting profit Undecided

Yeah the site is pretty addictive and when you are on a losing streak you should try and limit your losses such as setting a daily limit for yourself or betting in smaller amounts.
hero member
Activity: 630
Merit: 500
RealistaToken.com
September 17, 2016, 06:43:00 AM
I give up playing bustabit. .1 Bitcoin I just disappear. I can not control my appetite when you're getting profit Undecided
legendary
Activity: 2716
Merit: 2093
Join the world-leading crypto sportsbook NOW!
September 10, 2016, 01:13:11 AM
What would the code look like if you wanted a set house edge which is not scaling?

It would look very similar, just with different calculations for the crash point.
Identical to most.
legendary
Activity: 2940
Merit: 1333
September 10, 2016, 12:54:14 AM
What would the code look like if you wanted a set house edge which is not scaling?

It would look very similar, just with different calculations for the crash point.
newbie
Activity: 24
Merit: 0
September 09, 2016, 04:58:51 AM
   return Math.floor(((100 * e) - h) / (e - h));

That's the only really interesting line. We can ignore the "0x crash 1-in-101 games" part, because that is only used to fund the 1% bonus that it paid out on the other 100-in-101 games. It has no effect on the house edge at all.

We can even lose the Math.floor bit, because that just makes sure the result has no more than 2 decimal places. And divide the top by 100, because that function is returning the crash point times 100 (so it's an integer).

So the crash point is simply:

Code:
 e - h/100
  ---------
    e - h

e is a big number, but it doesn't really matter what it is (it's 2^52)
h is a random number between 0 and e-1 inclusive

Let's look at three cases:

1. If h is at its minimum, 0, the crash point is 1x

The house edge is 0%. (We can ignore the 1-in-101 0x crashes, because on the other 100-in-101 games we get a 1% bonus, assuming we're the only player, or that all the other players are also playing at a 1x cashout).

2. If h is half way through its range, e/2, the crash point is 1.99x

So we have a 50% chance of winning 1.99x. That gives an RTP of 50%*1.99 = 99.5% and so a house edge of 0.5%

3. If h is at its maximum, e-1, the crash point is 0.99e+0.01 (ie. very high, since e is a big number)

So we have a 100/e% chance of winning 0.99e+0.01. That gives an RTP of (99e+1)/e% ~= 99% and so a house edge of a tiny bit under 1%.

So you can see that the house edge ranges from 0% to 1% as your payout multiplier ranges from 1x to high numbers.

i just don't know how i would go about calculating the house edge for a certain multiplier

The payout multiplier for any particular h is (from the code you pasted):
  m = (e - h/100) / (e-h)   [1]
and the probability p of hitting that payout is:
  p = (e-h)/e   [2]
  h = e-ep
the RTP for that h is [1]*[2]*100:
  (e - h/100) / (e-h) * (e-h)/e * 100
  = (e - h/100) * 100/e
  = 100 - h/e
and so the house edge is simply:
  edge = 100 - RTP
  = h/e
  = (e-ep)/e
  = 1-p

Now you want the house edge for a given multiplier, m. Let's find h in terms of m:
  m = (e - h/100) / (e-h)
  (e-h)m = e - h/100
  em - hm = e - h/100
  em - e = hm - h/100
  e(m-1) = h(m-0.01)
  h = e(m-1)/(m-0.01)

And so the house edge:
  edge = h/e
  = e(m-1)/(m-0.01)
  = (m-1)/(m-0.01)

And there's your answer. The house edge for a probability of p is 1-p, and for a multiplier of m is (m-1)/(m-0.01)

Examples:

  the house edge when you have a 0.5 probability of winning is 1 - p = 1-0.5 = 0.5%
  the house edge for a multiplier of 2x is (m-1)/(m-0.01) = (2-1)/(2-0.01) = 0.50251256%

Edit: if all you want to do is change the house edge so that it goes from 0% to N% instead of 0% to 1%, I think you only need to replace the 100 in the Math.floor line by 100/N. Don't change the insta-crash logic unless you want to unbalance the bonus system. Looks like you already changed it to insta-crash every 51 games (without changing the corresponding comment), but that's a bad idea. People won't want to play a game that insta-crashes so often. Adjust the edge using the Math.floor line instead.

Example:

>>> e = 2**52
>>> h = e * 0.75
>>> 100 - (e - h/100) / (e-h) * 25 # the bustabit setting - house edge is 0.75% when we have 25% chance of winning
0.75
>>> 100 - (e - h/20) / (e-h) * 25 # increase the house edge by a factor of 5 - house edge is 3.75% when we have 25% chance of winning
3.75


What would the code look like if you wanted a set house edge which is not scaling?
full member
Activity: 140
Merit: 100
September 06, 2016, 09:02:16 AM
This program is my betting site. I learn it in my groupmates in fb. It is an easy betting site but for me its not easy to win. I have pattern but its not applicable always because I lose game in just one shot. So I decided to quit and go to satoshimine where I lucky to this gambling site. I mean always win. He he.

What does that have to do with BustaBit?
sr. member
Activity: 644
Merit: 250
September 06, 2016, 07:06:41 AM
This program is my betting site. I learn it in my groupmates in fb. It is an easy betting site but for me its not easy to win. I have pattern but its not applicable always because I lose game in just one shot. So I decided to quit and go to satoshimine where I lucky to this gambling site. I mean always win. He he.
sr. member
Activity: 256
Merit: 250
September 06, 2016, 02:25:21 AM

If you want to give it a try without commitment, there's a builtin faucet that gives out 2 bits (2 millionths of a bitcoin) an hour.


I'm checking out your site,  but FYI there's a weird typo in the OP (bolded above).  A bit is a unit of information.  I think you meant a 2 μBTC (sometimes written ubtc in ascii).   The other normal way of saying this 200 Satoshi.  Cheers!

I was motivated to use 'bits' by http://blog.bitpay.com/2014/05/02/bitpay-bitcoin-and-where-to-put-that-decimal-point.html

I can't stand using BTC as the base currency, I find numbers like 0.00004 are completely unreadable and unrelatable to -- while on the flip side  4,000,000 bits isn't hard to read. I'm not against to using μBTC, but that doesn't seem where momentum is heading -- so I'm jumping on the 'bit' train, and hoping others will follow =)

Wow, ok, thanks for catching me up on that.  I, personally, find it absolutely nuts to adopt an already in-use unit and apply it to bitcoin.  I think that everyone knows what a bit is, it's a unit of information.  Ie a 1 or 0 in a computer memory.  It's a true or false.  To me, the idea of saying that 100satoshi is 1"bit" is a little like saying, let's say that 100 satoshi's = 1meter.  How that is suppose to alleviate confusion, I have no idea.

Anyway, nothing personal, but I certainly won't be following this trend.  If for somereason, microBTC is too abstruse, what's hard about 200satoshis?

Sorry if I derailed your thread about the social platform gambling.
There are so many people gambling and the gambling topic is going around everybody is promoting their online casino because there are to many of them so please come with good topics and not commercial.
legendary
Activity: 1463
Merit: 1886
September 06, 2016, 01:30:38 AM
Those bots are probably really hard to code though, and no one who has a +EV bot has shared it/sold it AFAIK.

Depending on game conditions, they can be pretty easy to code. The most simple +EV bots I've seen is when you see someone else doing good, just write your bot to automatically cash out after that person. Quite often you can even play +EV by hand, especially when you have something like a whale who is cashing out very late (then you just cashout early, and most of the time you'll get good bonuses).

But yeah, afaik too no one who has written an advanced bonus-oriented bot has shared/sold it  (as it would make it hard for them to use themselves)
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