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Topic: Chain-Bet.com | On Chain | No KYC | 15x Win | Provably Fair | Since 2016 - page 7. (Read 38506 times)

jr. member
Activity: 115
Merit: 4
Moreover, dice sites, that require user to sign up, may track betting pattern of a gambler and generate random numbers accordingly. This probability is absolutely non-existent in this game.
You can track betting patterns without signing up.
How?

If the games are not provably fair, they can generate whatever they like and this totally independent of your betting pattern!
I made the statement for chain-bet and other provably fair games. Games, that are not provably fair, are out of question.
member
Activity: 206
Merit: 10
member
Activity: 103
Merit: 11
This game is just scam by design
hero member
Activity: 1344
Merit: 507
I think this is no different than the slots you find in casinos or those video poker machines in some bars.

Basically the house edge is clearly a rip-off but people are still playing their game.

All they need is a few gamblers a day and it's goodnprofot for them.

I dunno how house edge is calculated. I check winning % in bet history. Right now, there are 5 10x wins out of last 50 bets. Which means, winning ratio is 50:50. Is not it good?
In this case you did not lose anything, but 50 bets are not representative.


Moreover, dice sites, that require user to sign up, may track betting pattern of a gambler and generate random numbers accordingly. This probability is absolutely non-existent in this game.
You can track betting patterns without signing up.

If the games are not provably fair, they can generate whatever they like and this totally independent of your betting pattern!
newbie
Activity: 44
Merit: 0
Moreover, dice sites, that require user to sign up, may track betting pattern of a gambler and generate random numbers accordingly.
Is that possible? If yes, how?
legendary
Activity: 2772
Merit: 3282
I think this is no different than the slots you find in casinos or those video poker machines in some bars.

Basically the house edge is clearly a rip-off but people are still playing their game.

All they need is a few gamblers a day and it's goodnprofot for them.

I dunno how house edge is calculated. I check winning % in bet history. Right now, there are 5 10x wins out of last 50 bets. Which means, winning ratio is 50:50. Is not it good?

Moreover, dice sites, that require user to sign up, may track betting pattern of a gambler and generate random numbers accordingly. This probability is absolutely non-existent in this game.

Hello, other alt account of Chain-Bet. I'd request that you stop with your many alt accounts, and to just stick to one or two, please. Using alts to defend yourself as well as accuse competitors of creating fraudulent provably fair systems (kinda funny how someone who doesn't know how to calculate house edge somehow knows that provably fair can be broken) doesn't look good on your part. Here's the house edge calculation:

Code:
(1/16)*9+(15/16)*-1

Which gives -0.375, or a 37.5% edge. Can be applied with any game, such as a 1% house edge 2x dice roll:

Code:
(49.5/100)*1+(50.5/100)*-1

A large winning percentage in the past 50 bets can be easily accounted to variance.
member
Activity: 103
Merit: 11
So, it should be incredibly clever to invest on Chain-Bet bankroll. If u think so, u may head on to this thread - https://bitcointalksearch.org/topic/looking-for-32-investors-each-with-commitment-of-1-btc-2239307.

Nice try, alt account of "Bitcoin Gambling"
member
Activity: 103
Merit: 11
I think this is no different than the slots you find in casinos or those video poker machines in some bars.

Basically the house edge is clearly a rip-off but people are still playing their game.

All they need is a few gamblers a day and it's goodnprofot for them.

I dunno how house edge is calculated. I check winning % in bet history. Right now, there are 5 10x wins out of last 50 bets. Which means, winning ratio is 50:50. Is not it good?

Moreover, dice sites, that require user to sign up, may track betting pattern of a gambler and generate random numbers accordingly. This probability is absolutely non-existent in this game.

Most of the wins on the bet history are from the site administrator himself. Just look at the history of this site. The site operator tried to lure in some gamblers with his so called 0% house edge. After some people started to play and lost lots of money, he changed to 37% house edge and also reduced maximum betting amount. Chain-bet.com just scams you in a very clever way.. so be careful

HaHa it seems like the operator of this site manipulates the bet history  Grin. This address https://blockchain.info/address/1HymtXgagEJjHQAX2UwpwrD6P1Vr6PAaF1 sends bets only to chain-bet.com and always wins!! With this behavior I don't trust this site
jr. member
Activity: 115
Merit: 4
I think this is no different than the slots you find in casinos or those video poker machines in some bars.

Basically the house edge is clearly a rip-off but people are still playing their game.

All they need is a few gamblers a day and it's goodnprofot for them.

I dunno how house edge is calculated. I check winning % in bet history. Right now, there are 5 10x wins out of last 50 bets. Which means, winning ratio is 50:50. Is not it good?

Moreover, dice sites, that require user to sign up, may track betting pattern of a gambler and generate random numbers accordingly. This probability is absolutely non-existent in this game.
legendary
Activity: 3808
Merit: 1723
Is this game still working?

No it's not. I think they closed their doors

Please check https://www.chain-bet.com. Looking at the dashboard, it should be pretty clear to anyone that the game is working as is.

It's incredibly stupid to play on Chain-Bet right now though, with a 37.5% house edge. Even the owners know about this, and the claim that the fees are too high just don't cut it when you use 9 sat/byte.

I think this is no different than the slots you find in casinos or those video poker machines in some bars.

Basically the house edge is clearly a rip-off but people are still playing their game.

All they need is a few gamblers a day and it's goodnprofot for them.


legendary
Activity: 2772
Merit: 3282
Is this game still working?

No it's not. I think they closed their doors

Please check https://www.chain-bet.com. Looking at the dashboard, it should be pretty clear to anyone that the game is working as is.

It's incredibly stupid to play on Chain-Bet right now though, with a 37.5% house edge. Even the owners know about this, and the claim that the fees are too high just don't cut it when you use 9 sat/byte.

So, it should be incredibly clever to invest on Chain-Bet bankroll. If u think so, u may head on to this thread - https://bitcointalksearch.org/topic/looking-for-32-investors-each-with-commitment-of-1-btc-2239307.

Not really, as they barely have any turnover. Even with a 37.5% edge, it's too risky and is more gambling, then investing.
full member
Activity: 169
Merit: 110
Is this game still working?

No it's not. I think they closed their doors

Please check https://www.chain-bet.com. Looking at the dashboard, it should be pretty clear to anyone that the game is working as is.

It's incredibly stupid to play on Chain-Bet right now though, with a 37.5% house edge. Even the owners know about this, and the claim that the fees are too high just don't cut it when you use 9 sat/byte.

So, it should be incredibly clever to invest on Chain-Bet bankroll. If u think so, u may head on to this thread - https://bitcointalksearch.org/topic/looking-for-32-investors-each-with-commitment-of-1-btc-2239307.
legendary
Activity: 2772
Merit: 3282
Is this game still working?

No it's not. I think they closed their doors

Please check https://www.chain-bet.com. Looking at the dashboard, it should be pretty clear to anyone that the game is working as is.

It's incredibly stupid to play on Chain-Bet right now though, with a 37.5% house edge. Even the owners know about this, and the claim that the fees are too high just don't cut it when you use 9 sat/byte.
full member
Activity: 169
Merit: 110
Is this game still working?

No it's not. I think they closed their doors

Please check https://www.chain-bet.com. Looking at the dashboard, it should be pretty clear to anyone that the game is working as is.
member
Activity: 103
Merit: 11
Is this game still working?

No it's not. I think they closed their doors
member
Activity: 169
Merit: 10
Global Risk Exchange - gref.io
Is this game still working?
member
Activity: 103
Merit: 11
What's more, one all the more thing, as I am a games wagering individual, might want to know why you all don't put each UCL recreations or Europa League amusements for betting?just inquisitive in knowing


But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness.
member
Activity: 126
Merit: 10
What's more, one all the more thing, as I am a games wagering individual, might want to know why you all don't put each UCL recreations or Europa League amusements for betting?just inquisitive in knowing
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