Topic: CHAINBID.com - 1° Gambling with Unique bid auctions in BITCOIN - page 5. (Read 6907 times)

https://www.chainbid.com/concluded-bids/426/0.10-BTC

And the Winner is: ndnhc

Bid ID   User ID   Bid   Timestamp   Status
1   28   0.0200 BTC   1448104054   Unique bid but too high
2   28   0.0100 BTC   1448104148   Unique bid but too high
3   23   0.0075 BTC   1448117981   Unique bid but too high
4   23   0.0074 BTC   1448117981   Unique bid but too high
5   23   0.0073 BTC   1448117981   Unique bid but too high
6   23   0.0072 BTC   1448117981   Unique bid but too high
7   23   0.0071 BTC   1448117981   Unique bid but too high
8   23   0.0070 BTC   1448117980   Unique bid but too high
9   23   0.0069 BTC   1448117980   Unique bid but too high
10   23   0.0068 BTC   1448117980   Unique bid but too high
11   23   0.0067 BTC   1448117980   Unique bid but too high
12   23   0.0066 BTC   1448117980   Unique bid but too high
13   23   0.0065 BTC   1448117980   Unique bid but too high
14   23   0.0064 BTC   1448117980   Unique bid but too high
15   23   0.0063 BTC   1448117980   Unique bid but too high
16   23   0.0062 BTC   1448117980   Unique bid but too high
17   23   0.0061 BTC   1448117980   Unique bid but too high
18   23   0.0060 BTC   1448117980   Unique bid but too high
19   23   0.0059 BTC   1448117980   Unique bid but too high
20   23   0.0058 BTC   1448117980   Unique bid but too high
21   23   0.0057 BTC   1448117980   Unique bid but too high
22   23   0.0056 BTC   1448117979   Unique bid but too high
23   23   0.0055 BTC   1448117979   Unique bid but too high
24   23   0.0054 BTC   1448117979   Unique bid but too high
25   23   0.0053 BTC   1448117979   Unique bid but too high
26   23   0.0052 BTC   1448117979   Unique bid but too high
27   23   0.0051 BTC   1448117979   Unique bid but too high
28   28   0.0050 BTC   1448103964   Not unique auction and too high
29   23   0.0050 BTC   1448117979   Not unique auction and too high
30   23   0.0049 BTC   1448117979   Unique bid but too high
31   23   0.0048 BTC   1448117979   Unique bid but too high
32   23   0.0047 BTC   1448117979   Unique bid but too high
33   23   0.0046 BTC   1448117979   Unique bid but too high
34   23   0.0045 BTC   1448117979   Unique bid but too high
35   23   0.0044 BTC   1448117979   Unique bid but too high
36   23   0.0043 BTC   1448117978   Unique bid but too high
37   23   0.0042 BTC   1448117978   Unique bid but too high
38   23   0.0041 BTC   1448117978   Unique bid but too high
39   23   0.0040 BTC   1448117978   Unique bid but too high
40   23   0.0039 BTC   1448117978   Unique bid but too high
41   23   0.0038 BTC   1448117978   Unique bid but too high
42   23   0.0037 BTC   1448117978   Unique bid but too high
43   23   0.0036 BTC   1448117978   Unique bid but too high
44   23   0.0035 BTC   1448117978   Unique bid but too high
45   23   0.0034 BTC   1448117978   Unique bid but too high
46   23   0.0033 BTC   1448117978   Unique bid but too high
47   23   0.0032 BTC   1448117978   Unique bid but too high
48   23   0.0031 BTC   1448117978   Unique bid but too high
49   23   0.0030 BTC   1448117978   Unique bid but too high
50   23   0.0029 BTC   1448117978   Unique bid but too high
51   23   0.0028 BTC   1448117977   Unique bid but too high
52   23   0.0027 BTC   1448117977   Unique bid but too high
53   23   0.0026 BTC   1448117977   Unique bid but too high
54   23   0.0025 BTC   1448117977   Unique bid but too high
55   23   0.0024 BTC   1448117977   Unique bid but too high
56   23   0.0023 BTC   1448117977   Unique bid but too high
57   23   0.0022 BTC   1448117977   Unique bid but too high
58   23   0.0021 BTC   1448117977   Unique bid but too high
59   23   0.0020 BTC   1448117977   Unique bid but too high
60   23   0.0019 BTC   1448117977   Unique bid but too high
61   23   0.0018 BTC   1448117977   Unique bid but too high
62   23   0.0017 BTC   1448117977   Unique bid but too high
63   23   0.0016 BTC   1448117932   Unique bid but too high
64   23   0.0015 BTC   1448117977   Unique bid but too high
65   23   0.0014 BTC   1448117976   Unique bid but too high
66   23   0.0013 BTC   1448117976   Unique bid but too high
67   23   0.0012 BTC   1448117976   Unique bid but too high
68   23   0.0011 BTC   1448117939   Unique bid but too high
69   23   0.0010 BTC   1448117976   Unique bid and lower
70   56   0.0009 BTC   1448117908   Not unique auction and too low
71   23   0.0009 BTC   1448117976   Not unique auction and too low
72   56   0.0008 BTC   1448117914   Not unique auction and too low
73   23   0.0008 BTC   1448117976   Not unique auction and too low
74   56   0.0007 BTC   1448117921   Not unique auction and too low
75   23   0.0007 BTC   1448117976   Not unique auction and too low
76   28   0.0006 BTC   1448105149   Not unique auction and too low
77   23   0.0006 BTC   1448117976   Not unique auction and too low
78   28   0.0005 BTC   1448105149   Not unique auction and too low
79   56   0.0005 BTC   1448117872   Not unique auction and too low
80   23   0.0005 BTC   1448117976   Not unique auction and too low
81   28   0.0004 BTC   1448105149   Not unique auction and too low
82   56   0.0004 BTC   1448117884   Not unique auction and too low
83   28   0.0003 BTC   1448105149   Not unique auction and too low
84   56   0.0003 BTC   1448117890   Not unique auction and too low
85   28   0.0002 BTC   1448105149   Not unique auction and too low
86   56   0.0002 BTC   1448117896   Not unique auction and too low
87   28   0.0001 BTC   1448105117   Not unique auction and too low
88   56   0.0001 BTC   1448117900   Not unique auction and too low

Your ID is 23
you have bet from 3 to 80 (-7 from other user) = 70 credits = 0.001375*70 = 0,09625 BTC
You bet 0,1 BTC to win 0,1 BTC?

something wrong in your math

You are in 0 profit don't make sense your text... it's all recorded... anyone can see the bet log
"I started with 0.1540BTC
I now have 0.1BTC + 0.1BTC + 12 credits
Which part doesn't make sense to you?"

Hi ndnhc,

thank you very much for the offer,
below is a bitcoin address to send 0.0028 BTC
1NSUE7HHKYTHzdo92NR3YHayrdD1W7G8Cp

after I receive the prize, I definitely will reimburse you,
Thank you and I appreciate your help, 

Nah, let me explain what happened.

I bought 112 credits because I wanted to win the first 0.1BTC 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 0.1BTC.
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 0.1540BTC
I now have 0.1BTC + 0.1BTC + 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.

Chain Bid confirm that user NDNHC is not part of our staff and do not even we had the pleasure of knowing him personally.

Can i ask something really suspecious (maybe not fair) (i'm not accusing... just telling, each one can judge by their own)?

i was following this last 0.1 BTC no req auction

it had 17 bids, and last seconds ndnhc bet from near 0.005 to 0.075 = (70 bids) you can check the history

Prize is 0.1 BTC... 70 bets in best way, buying 100 +12 cost 0.1540 BTC... so each bet cost 0.001375 BTC
so ndnhc spend 0.001375 * 70 = 0.09625 BTC

profit = 0.00375 BTC, he still need to pay the win bid amount..., so profit is something like 0 BTC...

it mean... ndnhc win nothing... and 17 bets are lost... and house profit 17 bets

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

WOW fantastic

Won the auction.
But darn! All I needed was like 1 ticket and I used up like 70 tickets expecting competition.



Can help.

Can you give the address where you are to send 0.0028BTC?

Unfortunately, the process is automated, you should find someone who anticipates the payment of 0.0028 BTC, so as to free the sending of the object at auction.
We can not pay the difference.
Otherwise you can wait until we implement the program of payments with the function of payment for difference.

Hurry and go to play! The 0.10 BTC auction is about to expire.
Good luck!

Hi ChainBid,

unfortunately I do not have a balance amount of 0.0028 BTC in my wallet, so it seems I can not pay to be able to receive the prize.
Is there a solution or the other way?
Can you cut amounted to 0.0028, from a total prize amount of 0.1 BTC ?, so that the rest can I receive ?, let me know the best solution, Thanks

Two more auctions without quorum

https://www.chainbid.com/bids

First one expires <4 hours

Go go go!

From this page:
Profile -> https://www.chainbid.com/my-bids

 

How to know if i win? Or if someone elses win

Congratulations!

Please go to https://www.chainbid.com/my-victory and follow the instructions

Hello, I won it.

Waiting to receive prize, I have added my bitcoin address,
btw, Thanks ChainBid !!

Hurry and go to play! The 0.10 BTC auction is about to expire.
Good luck!

Status:    Waiting
Details:    Waiting for 1° confirmation on blockchain of your payment

 

Contratulations to both Winners

Contratulations and sorry for this bug, we've fixed.
4b4c65e2a08716c87badecdf8b9172bbe93fd3927f40406745084305d9fbfd9e

No, we don't think to put a limit on last minute. The last few minutes are the focus of the game


We've got a new no-quorum auction
https://www.chainbid.com/bid/425/0.10-BTC

Do you have any plans to put a limit or restriction on last minute bets? The last minute bets get a lot of advantage.


Edit: Confirming receipt of 0.1BTC.
Thank you.

Looking forward to another auction. quorum or no quorum. 

Thanks
3NAdLw6qqc7F2YVgqgVDnCcRfSfTz4HnpM is the bitcoin address.


Was a bit confused. The auction vanished when time was like 01:10 or something.

I had bought the 100+12 credits too.