Topic: Casinobit - no house edge, 100% payout (Read 8099 times)

CasinoBit, you should hire me as a PR manager. Currently, you are doing PR worse than MPOE-PR, and that is really an achievement.

A few things for the future:

1) I'm a 30 year old IT professional who plays Minecraft. The dismissive tone you've had for the entire thread sounds like customer support I've experienced before that won't really care about my very real money at stake in their game. YOU are the sole PR person for this site that none of us have heard of before, and you've done a horrible job of providing PR - insulting and dismissing people groups.

2) You started off in your OP sounding like it was your project, and now you're saying that none of this is your repsonsibility. You're new here, introduce yourself. Give us a reason to like you, which I haven't seen yet.

3) You entered into an internet forum for an experimental peer-to-peer digital cryptocurrency where some of the first proponents were hardcore anarchists, but don't want to talk details about how the product works. Again, this sounds like not taking the time to actually try and learn about who you're talking to, which makes me think that I won't be taken seriously if I enter your site.

4) I also have access to chief security experts, some of whom make far more than $150 an hour. That doesn't mean that I hired them, which is what it sounds like you didn't do either. Of course, this could just be the fact that you have no technical chops to discuss what is going on with your site with people who demonstrably do.

5) The reason provably fair games are a necessity is that Bitcoin is rife with scams. A sickening amount of traffic that goes on is a scam, so people are very cautious. Again, you didn't read the forums, you didn't know who you were talking with, and you just come across as being a brat who expects people to believe you without proof. Casinos don't have to show proof because we can easily sue if it turns out that they aren't fair and they are legislated - this has become something that is known. If you suddenly disappear with the Bitcoins or cook the algorithms to have an edge while saying that you don't, we have little to no recourse.

What I see here is that you come into a forum that a cursory glance would show is very technically minded with no technical expertise to back you up. Then upon being asked for details, you proceeded to minimize, dismiss, and insult the very people who would be your biggest word of mouth believers and initial investors.

And last thought about the site: the color of the text on the buttons needs to be changed. Even if you aren't color blind, it requires concentration to get letters out of it. The entire site consists of same colored text on same colored background with no contrast to make it easy on the eyes. The font is too small to sustain that and it tires eyes out. There is also improper grammar in several places throughout, raising more red flags.

Final thought; you (as the website admin, I have to assume you have final say on what goes on the website) have felt the need to say on the homepage says "Bitcoin verifies transactions with the same state-of-the-art encryption that is used in military and government applications." Then you come onto the forum that is responsible for the community behind Bitcoin, and proceed to show a very poor knowledge of what encryption is. This disconnect between what is being stated and the meaning behind the words is what seems to be turning most of us off.

You are lost my friend.  You might see other operators as competitors but that's really not how we see ourselves when speaking to you about issues.  We all want to see Bitcoin succeed and crap websites don't help the community image.  So we just try to help, no one told you to go away.  If we wanted you to go away we wouldn't have said anything and your site would have taken the inevitable plunge to obscurity because your site really is garbage design and won't appeal to people.  Remember most people owning bitcoins are fairly technical and can smell crap from a country mile away.  We don't engage you to have a buddy to talk ciphers to.

Haha I must admit I did laugh 

I didn't mention poker.  You said other casinos' provable fairness was BS.  I asked if you had anything to back that up.  You dodged the question.  Holdem is irrelevant to my question since there's no bitcoin poker site currently offering provable fairness.

If you are a simple website admin, then please stop acting like you know more than everyone else here about provably fair gameplay, etc.  It is obvious you do not, as indicated by the countless number of statements you have made in this thread that were just plain wrong.

I've highlighted more text meant to insult in your prior post, which only serves to further dig yourself into a hole.  A proper response might have been as follows:

Notice how you can still get your point across without using sarcasm, implying lack of braincells in others, and guessing at their age?

It is obvious you DO mean disrespect by continually making snarky comments towards everyone here.  Revise your attitude, and maybe people will take you and your site more seriously.  People have given you good feedback and advice, and all you do is toss it in the trash and throw tantrums about how it doesn't need to be changed.  You seem to take every comment of constructive criticism personally.  I assume you want this site to succeed, but to do that, you need to grow a thicker skin, learn to take people's advice, know that you are NOT the smartest person in the room, and be the better person in any situation you come across.

Just my two bitcents.

Got it.  Like Tom Smykowski.  He deals with the god damn customers, so the engineers don't have to.  He has people skills, he is good at dealing with people!  Can't you understand that?  What the hell is wrong with you people?

I am a simple website admin, I am not here to discuss cryptography or any technical related info. I am a messenger between the person above me and the average user, I reply to emails, help resolve account problems etc etc, anyone with enough braincells to comprehend the concept of internal company hierarchy will understand that no one will pay a chief security expert which works with banks (and we have access to those) 150$ an hour to discuss ciphers with 16 year old teenagers that play Minecraft.

It is clear how much competition and dirty promoting exist on these forums since I was met with sticks and stones.

I mean no disrespect but I would rather trust my money to casino 777 than Satoshi or any other "provably fair" casino which will likely loose it's bitcoins as foolishly as Bitcoinia. Those who mind don't matter, those who matter don't mind. If there are any serious entrepreneurs that are ready to invest I can easily arrange an online chat with an expert.

And when a site uses a secret 10 characters in length, your bruteforce suddenly takes 3,844 days.  Watch out if they increase it to 14 characters, then you're looking at 155 million years!

So what makes you think a site like SatoshiDice would use an easy-to-bruteforce 8 character or less secret?  In fact, they use a 64 character secret!  http://satoshidice.com/secretlist.php

Seriously, you are doing a TERRIBLE job with PR for this site.  You come in here like a buffalo in a china shop, aggressively attacking anyone who disagrees with you, with no regard for the fact that THEY MIGHT BE RIGHT!  I would strongly suggest that you step down out of whatever public role you hold with the "company" and have someone else with a much thicker skin and who knows their cryptography step up to do the job.

Still I will pass the idea up top, after we introduce the deposit/withdraw modules and the general bitcoin exchange we can add something like that as a seperate little application below every casino game.

The fact that doing so will probably take anywhere between 175 and 24395872948732987 years to complete.

Hashing is a wonderful tool that solves all sorts of problems that when solved make a provably fair casino possible.  I invite you to learn as much as you can on the topic.

What stops people from paralleling the SHA256 hashing on many ALUs, like GPUs for example and bruteforcing the key?


How do you propose provable fairness will be implemented in Texas Holdem except using mental poker?

What do you mean by that?  Is it that you don't understand how provable fairness works, or have you found some way the sites can cheat despite their so-called provable fairness?  If so, could you please point out how?

I'm not sure how you think the rest of the casinos are BSing about provable fairness. THEY ARE NOT. SIMPLE EXAMPLE:

Lucky Number ranges from 1 to 100. If it's less than 50, you win 2x!

SITE has a secret. Say "foo". Now if they tell the secret, then people can calculate the lucky number. So they HASH it with something like SHA256 and tell you that.

YOU has a secret too. Say "bar". You give the secret to SITE. Now site will know your lucky number since they combine your secret, with their secret. However they cannot change their secret now since they already gave you the hash.

Now do you understand it?

You might say, but the site knows their secret! What if they played the game THEMSELVES? They'd knew what PLAYER secret to use to win! But the only point of that is you're SCAMMING THE GAME. However if 10% of the "game" is owned by outside investors, then you can scam them. So yeah, satoshidice can scam their shareholders but not you.

The roulette shouldn't even be there at the moment, everything is being remade.


There is no such thing. We could show that the game on the main page probably provably fair like Satoshi. The rest of casinos are BSing about provable fairness, we might as well MD5 hash the current millisecond and provide the string to the user as "evidence".

That depends on the payouts.  For example if he pays 37-1 for a single number instead of the usual 35-1 then it could be zero edge.  Seems unlikely though.  It would be simpler to just not have zeros on the wheel.  Makes the maths easier.

I want to remind again that Casinobit admin is misleading about 100% payout! Having 2 zeroes on the roulette gives him 5.26% advantage.

I was serious.  Your choice of colours and font size make that part of the page very ugly and hard to read for me.


He may not be looking for sane customers.  The insane ones probably make for better profits.  And if you look at the online gambling market as a whole, approximately 0.00% of all the money bet is bet at provably fair casinos.

If you're trying to appeal to the general public rather than people who know about bitcoin then provable fairness is probably something it's safe to ignore for the moment.  Most people don't even realise it's possible for a casino to prove that they're not cheating.

Your game needs to be provably fair before any sane person plays it.

More like competitors trolling me but meh, it's currently in the first testing stages and we don't really care to introduce the bitcoin community to the casino. We care more about introducing people from the gambling community who are new to bitcoin to the casino.