Topic: bustabit.com -- The Social Gambling Game - page 60. (Read 293938 times)
Site's been a bit slow with no huge winners in the last couple days, but at least this went to a pretty cool guy:
type bust 500k into the chat box you will see the multiplier has gone past 1 million X before,
im to lazy to log on and check what the max ever hit before was but im pretty sure it was over 10 million, but i might be completely wrong though....
im to lazy to log on and check what the max ever hit before was but im pretty sure it was over 10 million, but i might be completely wrong though....
You can check with:
Quote
11:42 Ryan: !bust max
11:42 Shiba: Seen 10.69M in #814474. 1044513 games ago (295d 12h)
11:42 Shiba: Seen 10.69M in #814474. 1044513 games ago (295d 12h)
So yeah, 10.69 million is the highest it's been so far (almost a year ago)
Isn't offline investment technically the same as offering kelly risk level investment?
Like say I invest 1 CLAM at JD with 100x offsite which is the same is investing 1 CLAM at 50x kelly risk?
Like say I invest 1 CLAM at JD with 100x offsite which is the same is investing 1 CLAM at 50x kelly risk?
Nah, it's very different.
Let's imagine you have 10 BTC that you want to invest, and want to do so at a full kelly (the ideal). But you also want to minimize your counterparty risk, so you'll want to deposit as little as possible on the site.
With offsite, what you'd do is deposit 1 BTC and specify 9 BTC offsite. With leveraged investments, you'd deposit 1 BTC at a 10x kelly. Assuming a 1% house edge, in both cases you'd be risking 0.1 BTC a bet ... which is exactly what you want (a full kelly). So perfect.
Now, lets say your investment does well and you make 2 BTC profit.
With offsite investment you'd have 3 BTC + your 9 BTC offsite, and would be risking 0.12 BTC ... which is exactly what you want (A full kelly). With leveraged investments you'd have 3 BTC + your 9 BTC offsite, but would risking 0.33 BTC ... which way too much (to the point of landing you in negative expected growth territory).
And the exact opposite happens when your investment loses money, the leveraged investment you'd start to risk too little and would be under-utilizing your money.
Right.
The difference is that with Just-Dice's "offsite" feature, your offsite amount stays constant at whatever you declared it to be, but with leverage your imagined "offsite" amount is a fixed multiple of your onsite amount.
And Dexon has risen to the challenge:
In browser provably fair checker: http://jsfiddle.net/1L1uqcgv/6
In browser provably fair checker: http://jsfiddle.net/1L1uqcgv/6
Some people have wanted to generate the previous games in their browser to verify the games, so I made this quite quickly:
http://jsfiddle.net/1L1uqcgv/
Note that it logs to the browser console, so if anyone wants to polish up that jsfiddle and a little UI to it it'd be quite nice =)
http://jsfiddle.net/1L1uqcgv/
Note that it logs to the browser console, so if anyone wants to polish up that jsfiddle and a little UI to it it'd be quite nice =)
Well, this has been our busiest month by far! 
Over the last 30 days, we've been averaging over 800 BTC a day and processed thousands of bitcoins in deposits and withdrawals =)
Over the last 30 days, we've been averaging over 800 BTC a day and processed thousands of bitcoins in deposits and withdrawals =)
Congrats it's a fun game to play so I can see why its doing so well
(Plus it can get crazy ha-ha)
I've been seeing some pretty crazy multipliers on here, crazy how high it can go.
i like the game because of those crazy multi's
never seen higher then 20k multi yet tho.im to lazy to log on and check what the max ever hit before was but im pretty sure it was over 10 million, but i might be completely wrong though....
ive tried that bot before. its nice to be able to see those stats
Well, this has been our busiest month by far!
Over the last 30 days, we've been averaging over 800 BTC a day and processed thousands of bitcoins in deposits and withdrawals =)
Over the last 30 days, we've been averaging over 800 BTC a day and processed thousands of bitcoins in deposits and withdrawals =)
I've been seeing some pretty crazy multipliers on here, crazy how high it can go.
i like the game because of those crazy multi's
never seen higher then 20k multi yet tho.im to lazy to log on and check what the max ever hit before was but im pretty sure it was over 10 million, but i might be completely wrong though....
1 million... ?
That's the highest multiplier I've ever see if that's ever happen. I'm bet everyone will be regret forever if they just miss a million multiplier
On Tothemoon (based on BAB's source) I saw it hit 670k and on the very next roll hit 340k. Saw one that was like 900k+ as well but never two sequential ones that were that high.
OMG Just play 532 bet , Get profit 100BTC ++ awesome
How Much BTC need to play like that ?
Just play 532 bet , Get profit 100BTC ++ awesomeHow Much BTC need to play like that ?
That is one lucky guy, hoarding 100 btc in that game site. Huga bankroll and balls made of steel for sure
And the fact he only bet 532 times and won +100btc is truly mind boggling
He hit TTM for almost 50 BTC right after this as well, so he's probably up at least 150 BTC. Not sure if he hit any other sites.
It's not '1 lucky guy'. His accounts :
Real havoc happened to that bankroll indeed..
The Legendary Great White Tux..
Coin Rocketeer
Pho King
Finand
Tech Analysis..?
[Unconfirmed]The Winnerer..?
[Unconfirmed]^It's a recurring player who plays very recklessly, w/ no real strategy, and just submits his balance to 'Lady Luck' entirely. He's openly confirmed he maintains the above-listed^ accounts, and more, which as you can see, have lost about the same as the amounts he's earned on 'Phoking', 'CoinRocketeer' & 'Finand' so it should help dispel this myth that it's possible to reliably be this lucky (e.g. from 7 to 110btc), on this site or any other dice casino, on any timescale higher than short-term (more than a few hundred bets)..
..Unless you're playing, as I have been, w/ strict risk management rules w/ a semi-martingale or flatbetting strategy (anything outside of full, unlimited martingale) : Bet moderate, when winning - continue ; When losing - 'Stop-Loss' aka Stop, Accept Loss, Don't try to recoup in big bets right away, & Bet small again, so that you lose 1 day's worth of progress/bankroll growth, a few days here & there, instead of only growing, and growing, then one day, losing, inevitably, 100% of your bankroll.
Isn't offline investment technically the same as offering kelly risk level investment?
Like say I invest 1 CLAM at JD with 100x offsite which is the same is investing 1 CLAM at 50x kelly risk?
Like say I invest 1 CLAM at JD with 100x offsite which is the same is investing 1 CLAM at 50x kelly risk?
Nah, it's very different.
Let's imagine you have 10 BTC that you want to invest, and want to do so at a full kelly (the ideal). But you also want to minimize your counterparty risk, so you'll want to deposit as little as possible on the site.
With offsite, what you'd do is deposit 1 BTC and specify 9 BTC offsite. With leveraged investments, you'd deposit 1 BTC at a 10x kelly. Assuming a 1% house edge, in both cases you'd be risking 0.1 BTC a bet ... which is exactly what you want (a full kelly). So perfect.
Now, lets say your investment does well and you make 2 BTC profit.
With offsite investment you'd have 3 BTC + your 9 BTC offsite, and would be risking 0.12 BTC ... which is exactly what you want (A full kelly). With leveraged investments you'd have 3 BTC + your 9 BTC offsite, but would risking 0.33 BTC ... which way too much (to the point of landing you in negative expected growth territory).
And the exact opposite happens when your investment loses money, the leveraged investment you'd start to risk too little and would be under-utilizing your money.
thx again for your help
You're welcome.
I made some changes to my strategy code:
Code:
var baseBet = 10; // in Bits
var cashout;
var mult;
// set one of mult or cashout, and the other will be calculated for you:
// mult = 1.12;
cashout = 1.5;
// what percentage to increase the net profit by each time we lose a bet; 0 for pure martingale
greed_percent = 5;
if (!mult)
mult = cashout / (cashout - 1) * (1 + greed_percent/100);
else if (!cashout)
cashout = mult / (mult - 1) * (1 + greed_percent/100);
var satoshis = baseBet * 100;
var crash = Math.floor(cashout*100 + 1e-6);
var currentBet = false;
engine.onGameStarting = function () {
if (currentBet && engine.lastGameWasLost())
currentBet *= mult;
else
currentBet = satoshis;
if (currentBet < engine.getBalance()) {
console.log('place bet of', Math.round(currentBet/100), 'at', crash/100);
engine.placeBet(Math.round(currentBet/100)*100, crash, false);
}
else {
engine.stop();
console.log('You ran out of bits :(');
}
};
Now you can tell it what multiplier to cashout at, or how much to multiply the stake by each time, and it will calculate the other accordingly. There's also a greed percentage, which you can set to make it increase your net winnings by a percentage each time you lose.
None of this is very well tested; use at your own risk; etc.
Here (on the left) is a 5x martingale sequence:
and here are a couple of 20x martingale sequences:
i know this is your own "strategy" but is this "strategy" or "gambling"
any success with the strategy??
I'm using it now and only using 100bit bets
I'm using it now and only using 100bit bets
I've been seeing some pretty crazy multipliers on here, crazy how high it can go.
i like the game because of those crazy multi's
never seen higher then 20k multi yet tho.im to lazy to log on and check what the max ever hit before was but im pretty sure it was over 10 million, but i might be completely wrong though....
1 million... ?
That's the highest multiplier I've ever see if that's ever happen. I'm bet everyone will be regret forever if they just miss a million multiplier
I remember a while ago when dooglus' idea of offline investments was taken into consideration. I guess you put that aside for moneypot's development (which by the way is amazing). Never got to know what happened tho.
Offline investments (which I think is a fantastic idea) ended up getting implemented in just-dice with clams. MoneyPot went for a bit of a different scheme, and for the moment bustabit is just privately bankrolled, which helps keep things simple.
Isn't offline investment technically the same as offering kelly risk level investment?
Like say I invest 1 CLAM at JD with 100x offsite which is the same is investing 1 CLAM at 50x kelly risk?
I've been seeing some pretty crazy multipliers on here, crazy how high it can go.
i like the game because of those crazy multi's
never seen higher then 20k multi yet tho.im to lazy to log on and check what the max ever hit before was but im pretty sure it was over 10 million, but i might be completely wrong though....
I've been seeing some pretty crazy multipliers on here, crazy how high it can go.
i like the game because of those crazy multi's
never seen higher then 20k multi yet tho. 
I've been seeing some pretty crazy multipliers on here, crazy how high it can go.
Sorry noob question here but what do you mean by TTM? when you look at his user history https://www.bustabit.com/user/Phoking the highest he went upto was 104+btc, he's now dropped to 61.41btc, the largest win i can see in his history is for i think 5 btc? does TTM not show on user history or what
I believe TTM stands for "ToTheMoon" another bitcoin gambling site (http://tothemoon.me) based on the bustabit source
Yep, you got it. Usually I spell it out but since BAB and TTM are so similar I went with the abbreviation, :p.
I think I am not lucky enough today. When I saw people played, they could achieve 20x until 27x. But when I joined, it stopped at 2 
. Still trying to make some profit 
. Still trying to make some profit Same here. I didnt understand how are they winning this? Is there some kind of method to play here? Its hard for me to get higher multiplier, always aim low but then Im losing too
If you watch, his wins were mostly at around 3-5x or so, which is lower than a lot of others play at. Essentially he was doing maximum bets and allowing the automatic cut-off to stop it for him I believe.
That mean he is only lucky? 3x to 5x is pretty risk though and Im sure he is got a huge bankroll to cover some of his loss. Do you mean he set it to 3x-5x then stop it?
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