how you made 30% ROI? i can't see...
you wasted 70 credits that cost 0.1 BTC... the prize for the auction is 0.1BTC... it's 0% ROI... where other players is all on negative ROI, and Houser is with all players bid profit
you waste 0.155 btc to buy 112 credits... you waste 70... to earn 0.1 that's equivalent to 70 -.-
EDIT: well, i need to go now... if you can prove me i'm wrong i ask you apologize for all this, if you can't, i want your soul..., i'll back later bye
0.1 + 0.1 + 12 credits > 0.155. No? seriously?
I did put everything here:
i don't understand your point ndnhc, can you explain that? and i know you are very experience guy in this forum, you won't do a math mistake like this.
what you did is basically cut all bids and give house free profit, ... what's not fair. because no one will bid more than the pot value
waitting for a explanation...
also we have some strange things like... a problem with a bid and ndnhc received a extra 0.1 BTC... ndnhc offering to pay the 0.0028 from this another guy...
it looks like ndnhc is the chainbid owner for me
Nah, let me explain what happened.
I bought 112 credits because I wanted to win the first 0.1
BTC option. It was undoubtedly +EV, and I won it.
But I was simply reloading it, after kind of 10 minutes since I had no idea how to claim it, when I saw the timer suddenly counting from 2 minutes or so. I was confused and placed a few bids and was beaten by a series of bids placed in the last 2 seconds. But OP honored both considering that the bug was not any players' fault and did a pretty nice job in paying out both winners. He could simply have refunded the credits and voided the auction. I appreciate him for what he did.
Now, you see, I only have 0.052 to break-even. Given that I cannot cash it out directly, all I could is to beat the last minute bidder, one guy who makes a lot of bets in the last seconds. I made a series of bets such that this guy would need to have more than the number of credits I bid to beat me to it. I had lost like 20 credits to this guy, and had only 82 left, couldn't risk it anymore. So, I played safe and went near all-in to win 0.1
BTC.
It also beats the logic you gave such that if I was OP, I would be bidding just what I would need to win. Certainly not like 70 credits.
I also have a PM from Chainbid, and all my transactions are available.
tl;dr
I started with 0.1540
BTCI now have 0.1
BTC + 0.1
BTC + 12 credits
Which part doesn't make sense to you?
Edit: If you participated in a lottery draw, and you were declared the winner, and later the host said some were not able to buy lottery tickets (I know this is a stupid example
) and extends the lottery for another day and declared another winner, would you accept that?
I, by the way, got the same rights.
And it was settled generously by the OP, and I thank him for the same.
For the helping a fellow human being to claim his prize, is it such a big deal?
This is the first trust feedback I got back in 2013:
Jaaawsh -2: -1 / +0 2014-09-04 0.00200000 Sent me a couple mBTC so I could get a betting promo. Really appreciate it!
It is kinda mind-blowing that I could be so many people at once.
You don't have to hide behind an alt. You can raise your concerns openly.
i want your soul.
Not for sale.