Buying our bankroll (Investment) - page 2.

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: wachtwoord on August 10, 2013, 03:53:06 PM

I send 1.7 BTC, but it needs 25 confirms before I can invest it (4-5 hours ..)

Also, how do I log into the same account again? I tried entering the same withdrawal address in another browser and I got another deposit address and other account data. For now I bookmarked the unique link but this does not seem quite secure, can you explain? (I mean, there isn't even a password).

Finally, where on the site can I find my balance?

The balance should appear in the bottom left corner, the link is very secure, as secure as the private address of your bitcoin address as long as you keep it private but even if you send it to someone that person will not be able to access it.

If you have any concerns or problems you can always contact us.

wachtwoord

legendary

Activity: 2324

Merit: 1125

I send 1.7 BTC, but it needs 25 confirms before I can invest it (4-5 hours ..)

Also, how do I log into the same account again? I tried entering the same withdrawal address in another browser and I got another deposit address and other account data. For now I bookmarked the unique link but this does not seem quite secure, can you explain? (I mean, there isn't even a password).

Finally, where on the site can I find my balance?

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: Boelens on August 10, 2013, 12:03:16 PM

Hm, seems interesting. I really like your casino so I might invest a bit Wink

.

Thanks!

By the way everyone, the total sum bet is now larger than the total winnings so this is the time to invest. Hope no one will win big soon Wink

Boelens

hero member

Activity: 672

Merit: 500

Hm, seems interesting. I really like your casino so I might invest a bit Wink

.

CasinoBit

sr. member

Activity: 364

Merit: 250

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: peonminer on August 09, 2013, 02:09:09 PM

Thanks! Your site seems to have big payouts much more often than other gambling sites. Most likely due to the link to a real table. That's really cool.

More like a whale using some form of system, if you look back at our history we didn't have big payouts this often (or big bets).

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Thanks! Your site seems to have big payouts much more often than other gambling sites. Most likely due to the link to a real table. That's really cool.

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: peonminer on August 09, 2013, 01:03:55 PM

The site doesn't seem very active... 'Current/Next' hasn't shown a game since I've pulled the site up. Is there another way to see a transparency to who/when/how much for plays/players? A main records book for the public? Just like coinroll.it has.

"History" at the top right, sometimes it's active sometimes it's not but I see someone has won a huge bet in the last 24 hours.

EDIT: It's b7ab1fd9-010e-11e3-a270-e840f2d1c9bf in game 19372 that bet on 17 and got 17, won 25.2BTC

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

The site doesn't seem very active... 'Current/Next' hasn't shown a game since I've pulled the site up. Is there another way to see a transparency to who/when/how much for plays/players? A main records book for the public? Just like coinroll.it has.

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: peonminer on August 09, 2013, 01:01:50 PM

So, if the balance goes negative, I will still have my % of stake?

% of the negative stake.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

So, if the balance goes negative, I will still have my % of stake?

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: peonminer on August 09, 2013, 12:38:19 PM

Quote from: CasinoBit on August 09, 2013, 12:27:57 PM

Quote from: peonminer on August 09, 2013, 12:13:35 PM

If I double my funds, does that still accrue for house investment?

You need to "Move" the investment to your account when you have made a good profit.

Why? Why not leave it in the investment account to continue growing? Here in lies the question. If I make a profit, does the 'initial investment'+'profit'='accrued investment amount' OR will I only make profit from the 'initial investment' Huh

You can leave it invested as well and it will grow further, if a whale comes along and wins 50BTC you will be put into a negative balance, you will be able to wait out the negative balance and withdraw when it is positive again.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Quote from: CasinoBit on August 09, 2013, 12:27:57 PM

Quote from: peonminer on August 09, 2013, 12:13:35 PM

If I double my funds, does that still accrue for house investment?

You need to "Move" the investment to your account when you have made a good profit.

Why? Why not leave it in the investment account to continue growing? Here in lies the question. If I make a profit, does the 'initial investment'+'profit'='accrued investment amount' OR will I only make profit from the 'initial investment' Huh

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: peonminer on August 09, 2013, 12:13:35 PM

If I double my funds, does that still accrue for house investment?

You need to "Move" the investment to your account when you have made a good profit.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

If I double my funds, does that still accrue for house investment?

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: kopipe on August 09, 2013, 11:56:27 AM

Quote from: CasinoBit on August 09, 2013, 11:45:49 AM

If the website is compromised (which is highly unlikely since we follow the highest standards of security) then you lose your investment, it obviously DOES have risks like any other investments out there so people need to be adults about this.

Thank you for your explanation. I just wanted to make sure we understood all possible risks. I can't assume things like this, because some sites like CoinLenders promise to reimburse from the personal funds of the admin in case investments are lost.

Regarding your strategy with the IP addresses and contacting support, it does sound quite secure but I think you should look into user accounts with 2FA in the future so that support is not overwhelmed by the complaints of users with dynamic IP's (this problem is only going to get worse).

I won't be investing, but good luck!

Thanks!

Quote from: peonminer on August 09, 2013, 12:03:04 PM

Quote from: kopipe on August 09, 2013, 11:56:27 AM

Quote from: CasinoBit on August 09, 2013, 11:45:49 AM

If the website is compromised (which is highly unlikely since we follow the highest standards of security) then you lose your investment, it obviously DOES have risks like any other investments out there so people need to be adults about this.

I won't be investing, but good luck!

Fuck it, i'll throw 0.10 BTC at it for a day and see if I get any returns. I'll report back here!

You are an early investor so chances are you're going to more than double your funds.

CasinoBit

sr. member

Activity: 364

Merit: 250

Quote from: Kouye on August 09, 2013, 12:07:33 PM

Quote from: CasinoBit on August 09, 2013, 11:44:02 AM

Say you invest 0.1BTC when there is a total of 100BTC invested, you now own 0.1% of the bankroll. If a whale comes along and loses 10BTC, you now own 0.11BTC (0.1% of the total 110BTC) so you will be able to "Move" the funds to your main account and withdraw from there, you will always profit in the long run despite any momentary negative balances because of our house edge.

Fixed that for you.
Total invested BTC looked like a low estimate, or at least I hope for you.
Or do I really hope ? Hmmm... Maybe not.

Currently the total invested is at ~17BTC, so you can buy most of the bankroll for pretty cheap.

Kouye

sr. member

Activity: 336

Merit: 250

Cuddling, censored, unicorn-shaped troll.

Quote from: CasinoBit on August 09, 2013, 11:44:02 AM

Say you invest 0.1BTC when there is a total of 100BTC invested, you now own 0.1% of the bankroll. If a whale comes along and loses 10BTC, you now own 0.11BTC (0.1% of the total 110BTC) so you will be able to "Move" the funds to your main account and withdraw from there, you will always profit in the long run despite any momentary negative balances because of our house edge.

Fixed that for you.
Total invested BTC looked like a low estimate, or at least I hope for you.
Or do I really hope ? Hmmm... Maybe not.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Quote from: kopipe on August 09, 2013, 11:56:27 AM

Quote from: CasinoBit on August 09, 2013, 11:45:49 AM

If the website is compromised (which is highly unlikely since we follow the highest standards of security) then you lose your investment, it obviously DOES have risks like any other investments out there so people need to be adults about this.

I won't be investing, but good luck!

Fuck it, i'll throw 0.10 BTC at it for a day and see if I get any returns. I'll report back here!

kopipe

full member

Activity: 245

Merit: 124

Quote from: CasinoBit on August 09, 2013, 11:45:49 AM

If the website is compromised (which is highly unlikely since we follow the highest standards of security) then you lose your investment, it obviously DOES have risks like any other investments out there so people need to be adults about this.

Thank you for your explanation. I just wanted to make sure we understood all possible risks. I can't assume things like this, because some sites like CoinLenders promise to reimburse from the personal funds of the admin in case investments are lost.

Regarding your strategy with the IP addresses and contacting support, it does sound quite secure but I think you should look into user accounts with 2FA in the future so that support is not overwhelmed by the complaints of users with dynamic IP's (this problem is only going to get worse).

I won't be investing, but good luck!

Topic: Buying our bankroll (Investment) - page 2. (Read 2127 times)