Ryan and I are proud to announce
bustadice, a new take on classic dice.
The game is simple: For each bet the outcome is randomly chosen between 1x and 1,000,000x. It's up to you to guess a target that you think the outcome will exceed. If the bet's outcome falls short of your guess, you lose your wager. But if you guessed correctly, your wager is multiplied by your guess!
If you've played
bustabit before then you'll feel right at home at bustadice, but seasoned dice players will appreciate bustadice for its simplicity and higher limits as well.
Highlights- High limits, constrained only by the bankroll
- Instant deposits available
- Native, sandboxed scripting support for custom strategies and bots
- Highly optimised wallet system for best-in-class privacy and low withdrawal fees
- Bankroll investing
- Advanced provably fair system designed to protect not only the players, but also investors
- Existing investors receive compensation from new investors when the bankroll is diluted
Bitcoin gambling has come a long way, with provable fairness towards players becoming the norm. Unfortunately investors still don't have the same kind of guarantees.
They risk casinos getting hacked or operators disappearing with their investments over night. But even at best, if neither of that happens, investors can never be certain that they aren't being undetectably cheated by someone with knowledge of future rolls. There is simply no way to know whether that incredibly lucky highroller was a legitimate player or a malicious casino operator merely pretending to be one.
Similar to how JustDice pioneered provably fair dice games, we hope that bustadice will considerably improve the situation for investors and set the standard for casino investing.
Enhanced provable fairnessbustadice builds upon conventional provably fair systems to provide additional guarantees to players, investors and the casino itself:
For players: If a dispute over fairness arises with a legacy casino, it's largely their word against yours. In bustadice, on the other hand, all bets are committed to an independent audit server in real-time and can be reviewed and verified by Ryan if need be.
For investors: Neither I nor Ryan can undetectably cheat by predicting future rolls. Assuming you trust the two not to collude, investing becomes provably fair.
In addition, the casino itself gains increased confidence that all wins are legitimate–even if the game server were to be compromised.
The way we do achieve is by introducing a third party: The auditor (Ryan). Final roll results are computed with input from all three parties: The player, the game server and the auditor. When a server seed is revealed, both the player and the auditor can verify its bets.
For a simplified high-level overview of how it works, take a look at our
FAQ. Or jump right into the technical details by taking a look at our
open-source verifier and reference code.
Protection against dilutionTo compensate existing investors for diluting the bankroll, 2 % of every investment is distributed among all investors (including the new investor).
Multisignature cold storageThe majority of users' funds is securely held in 2-of-2 cold storage with keys split between Daniel of bustabit and Ryan, the auditor.
This wallet can only be accessed with the approval of both keyholders. Multiple redundancies ensure that users' deposits can be safely returned to them if something were to happen to one of the keyholders.
