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Topic: bustabit.com -- The Social Gambling Game - page 63. (Read 293938 times)

hero member
Activity: 1778
Merit: 520
September 08, 2015, 11:00:03 PM
The chat is now hugely improved. Multi-lingual people can subscribe to multiple channels at once, and see the unread messages of each.  And now all users are assigned a random color!

This is awesome! Can you also highlight messages that come to your name. For example @rhavar would always be highlighted on your screen so you can see who's talking to you specifically?
im pretty sure it already does that doesn't it? i might be mistaken though, i always seen the @user highlight before... does it not highlight anymore with the new chat system?
legendary
Activity: 1988
Merit: 1007
September 08, 2015, 09:01:16 PM
The chat is now hugely improved. Multi-lingual people can subscribe to multiple channels at once, and see the unread messages of each.  And now all users are assigned a random color!

This is awesome! Can you also highlight messages that come to your name. For example @rhavar would always be highlighted on your screen so you can see who's talking to you specifically?
legendary
Activity: 1050
Merit: 1000
September 06, 2015, 12:20:55 PM
im having trouble with the new capcha system

https://github.com/zixaphir/appchan-x/issues/836
hero member
Activity: 882
Merit: 1000
Exhausted
September 05, 2015, 11:36:05 AM
On the game page, the max profit is shown as 10.97 btc while on the stats page the max win is 11.178 btc.
Ryan, could you take a look at the discrepancy?

Yeah, something I've been meaning to fix. The stats page makes a rough approximation of the bankroll, and is a little bit off. The exact bankroll is what you see in game  (Get the max profit and divide by 3%)

I see. Thanks for the clarification.

In effect the bankroll is a sort of soft number that caps my total liability, and is small enough that I can easily prove I hold that amount of money.

It must be feeling great when you are able to call 300+ btc as a "small enough" amount. Grin


How is the crash point calculated?

Is crashing at precisely 1.02x and crashing at precisely 99.21x has the same probability? I doubt so. Can you make it clear?
Can it crash at 99.21x??

Edit: I mean the distribution is not even, or is it?
I think it does not have the same difference in probability for crashing at two immediately near points.


Edit2: I can say, it does not work like dice, where a similar working would have 1 in 101 chance for hitting any number, but it would have a max of 100. So how does it exactly work?

At 0% house edge,
it would have 50% chance of crossing 2x.
33.33% chance of crossing 3x,
25% chance of crossing 4x, and so on?
Hmm maybe this can help you in this https://www.bustabit.com/faq#crash-point , couldn't understand much of it(but I'll edit the post accordingly if I do) as I'm not much of a coder.

https://www.bustabit.com/calculator could be helpful as well, if you are wondering how likely it is for the crashpoint to be above a particular number.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 05, 2015, 05:37:04 AM

Hmm maybe this can help you in this https://www.bustabit.com/faq#crash-point , couldn't understand much of it(but I'll edit the post accordingly if I do) as I'm not much of a coder.

Thanks Smiley
No idea how I missed just that particular part in the entire FAQ.

Not a coder either, but will try to understand things. Smiley
hero member
Activity: 532
Merit: 500
You have eyes but can see Mt. Tai?!
September 05, 2015, 03:21:29 AM
How is the crash point calculated?

Is crashing at precisely 1.02x and crashing at precisely 99.21x has the same probability? I doubt so. Can you make it clear?
Can it crash at 99.21x??

Edit: I mean the distribution is not even, or is it?
I think it does not have the same difference in probability for crashing at two immediately near points.


Edit2: I can say, it does not work like dice, where a similar working would have 1 in 101 chance for hitting any number, but it would have a max of 100. So how does it exactly work?

At 0% house edge,
it would have 50% chance of crossing 2x.
33.33% chance of crossing 3x,
25% chance of crossing 4x, and so on?
Hmm maybe this can help you in this https://www.bustabit.com/faq#crash-point , couldn't understand much of it(but I'll edit the post accordingly if I do) as I'm not much of a coder.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 05, 2015, 03:01:24 AM
How is the crash point calculated?

Is crashing at precisely 1.02x and crashing at precisely 99.21x has the same probability? I doubt so. Can you make it clear?
Can it crash at 99.21x??

Edit: I mean the distribution is not even, or is it?
I think it does not have the same difference in probability for crashing at two immediately near points.


Edit2: I can say, it does not work like dice, where a similar working would have 1 in 101 chance for hitting any number, but it would have a max of 100. So how does it exactly work?

At 0% house edge,
it would have 50% chance of crossing 2x.
33.33% chance of crossing 3x,
25% chance of crossing 4x, and so on?
legendary
Activity: 1988
Merit: 1007
September 05, 2015, 02:47:47 AM
If he got that much of bitcoin why he always bet 1 btc with 2.xx multiplier? Why dont he just use 10 btc aim 1.02 for he will end up winning a lot with that kind of things. This is just so ridiculous even if he's down he never want to stop. He is such a great whale

Bustabit doesn't allow that, as it enforces maximum bets of 1 BTC. Unlike traditional dice sites, we have a floating house edge (0% to 0.99%). So cashing out at 1.02x has very close to 0 house edge which would start to become untenably risky if we allowed unlimited bet sizes. By the time you're trying to cashout at 2x, the house edge is now ~0.5% which at least justifies taking the risk (from the our perspective)

Another thing to keep in mind is that you can still bust at 1.02. I was running a script at 1.02x, starting at 1 bit, and within 500 rolls it had already busted (0.00, 1.01, 1.00). At 1 BTC, that'd be (using a theoretical unlimited capped bet) 1+10+100 = 111 BTC lost right there, with a total gain of 5 BTC or a net loss of ~106 BTC.

I've also had a 4x and 5x bust but took more times for that to happen (that would be a 1111 and 11111 BTC loss, respectively).
legendary
Activity: 1498
Merit: 1000
September 04, 2015, 06:47:28 PM
If there is anyone capable of writing scripts and would like to write one for hire, please PM me.
legendary
Activity: 1463
Merit: 1886
September 04, 2015, 01:53:10 PM
If he got that much of bitcoin why he always bet 1 btc with 2.xx multiplier? Why dont he just use 10 btc aim 1.02 for he will end up winning a lot with that kind of things. This is just so ridiculous even if he's down he never want to stop. He is such a great whale

Bustabit doesn't allow that, as it enforces maximum bets of 1 BTC. Unlike traditional dice sites, we have a floating house edge (0% to 0.99%). So cashing out at 1.02x has very close to 0 house edge which would start to become untenably risky if we allowed unlimited bet sizes. By the time you're trying to cashout at 2x, the house edge is now ~0.5% which at least justifies taking the risk (from the our perspective)
legendary
Activity: 1834
Merit: 1008
September 04, 2015, 10:59:39 AM
If anyone wants to watch a show, realhavok has made almost +30 BTC in the last hour, and still betting 1 BTC/round Shocked

This is show! He bets 1B every round it is exciting to watch, but unfortunately he is down 11B at the moment.
 

Edit: -20BTC

That's a ridiculous amount of betting, even if he's down!


Dang!

Looks like he regained some, though. He's only down 11B again.
looks like he's making a huge comeback! instead of being down -20BTC he's now +20BTC! https://www.bustabit.com/user/realhavok

He is magician! Come and watch, he is betting right now!

If he got that much of bitcoin why he always bet 1 btc with 2.xx multiplier? Why dont he just use 10 btc aim 1.02 for he will end up winning a lot with that kind of things. This is just so ridiculous even if he's down he never want to stop. He is such a great whale
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 04, 2015, 10:45:11 AM
Is profit part of bankroll as normally done?

When a player wins, it takes from the bankroll and when a player loses it adds to the bankroll. But the reason for the big discrepancy between the bankroll and total profit, is because the site started with a bankroll (money I put in), and every so often I've withdrawn money for the bankroll to pay for expenses. And if the site needed, I'd put more money into the bankroll (which almost happened once, when the max profit fell below 1 btc).

In effect the bankroll is a sort of soft number that caps my total liability, and is small enough that I can easily prove I hold that amount of money.

Thanks. Smiley
That clarifies everything. Smiley
legendary
Activity: 1463
Merit: 1886
September 04, 2015, 10:31:46 AM
Is profit part of bankroll as normally done?

When a player wins, it takes from the bankroll and when a player loses it adds to the bankroll. But the reason for the big discrepancy between the bankroll and total profit, is because the site started with a bankroll (money I put in), and every so often I've withdrawn money for the bankroll to pay for expenses. And if the site needed, I'd put more money into the bankroll (which almost happened once, when the max profit fell below 1 btc).

In effect the bankroll is a sort of soft number that caps my total liability, and is small enough that I can easily prove I hold that amount of money.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 04, 2015, 08:47:40 AM
So, he kind of lost around 82BTC in a day (if you compare the extremes).  Shocked

In other news, Bustabit now has a bankroll of 372 btc, so that 82 btc house profit constitutes 22% of it. https://www.bustabit.com/stats

I am not sure whether that is right. I think you are.

If I am reading things right, the bankroll stays the same, and the profit increased by 82BTC to 506BTC or it is the usual thing, but the investors withdrew few hundreds of bitcoins, more than they invested (from the profit of course).

Is profit part of bankroll as normally done?
legendary
Activity: 1049
Merit: 1009
TRX: TCRKDukYt2zDie9vJDhToKrP3tyTV29U48
September 04, 2015, 08:42:19 AM
it's very very interesting concept,.,.GL
legendary
Activity: 1463
Merit: 1886
September 04, 2015, 08:30:28 AM
Yeah, that was on hell of a crazy ride. The action also encouraged a few other big betters, and at one point I was clocking a 55 BTC 24h/loss. After they (instant) withdrew those profits I was going to try make some promotional posts around the place about it but actually chickened out as I didn't have the stomach for more whale action. It's really no fun watching yourself lose, nor watching some else lose.

On that note, I might make a withdrawal from the bustabit bankroll of 100 btc. Gone too far to lose it now =)

On the game page, the max profit is shown as 10.97 btc while on the stats page the max win is 11.178 btc.
Ryan, could you take a look at the discrepancy?

Yeah, something I've been meaning to fix. The stats page makes a rough approximation of the bankroll, and is a little bit off. The exact bankroll is what you see in game  (Get the max profit and divide by 3%)
full member
Activity: 438
Merit: 100
arcs-chain.com
September 04, 2015, 06:57:31 AM
AFAIK this web is the most easier to earn money and lose money Wink

So be careful
hero member
Activity: 882
Merit: 1000
Exhausted
September 04, 2015, 06:07:31 AM
So, he kind of lost around 82BTC in a day (if you compare the extremes).  Shocked

In other news, Bustabit now has a bankroll of 372 btc, so that 82 btc house profit constitutes 22% of it. https://www.bustabit.com/stats

and now max. win. is 10.9BTC

On the game page, the max profit is shown as 10.97 btc while on the stats page the max win is 11.178 btc.
Ryan, could you take a look at the discrepancy?
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
September 04, 2015, 05:54:03 AM
https://www.bustabit.com/user/realhavok > Net Profit  -41,286,441.54 bits   Shocked Shocked Shocked

He seems to have lost everything as the last bet was just 709000 bits rather than his usual 999000 bits.
Anyway, it is just another example why gamblers need to control themselves and learn to stop.

Sad thing is he had some 41BTC profit here: https://bitcointalksearch.org/topic/m.12241506

So, he kind of lost around 82BTC in a day (if you compare the extremes).  Shocked
legendary
Activity: 2198
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
September 04, 2015, 05:53:26 AM
https://www.bustabit.com/user/realhavok > Net Profit  -41,286,441.54 bits   Shocked Shocked Shocked

He seems to have lost everything as the last bet was just 709000 bits rather than his usual 999000 bits.
Anyway, it is just another example why gamblers need to control themselves and learn to stop.

Ouch! He was up 30BTC many times and now he is down 40BTC and now max. win. is 10.9BTC. It is hard to stop when you are winning.
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