Topic: ChipMixer.com betting is now provably fair (Read 2059 times)

If I am not wrong, ChipMixer.com betting has long been shut down. I could not get any reference of betting on their website. This thread should rather be locked.

I guess it is already solved as he posted the issue more than a year ago, perhaps he forgot to update when it was solved. Otherwise, he will comeback to this thread to post follow up message if his issue is not solved yet.


I believe there is a clear instruction on the main website, so I do not think youtube video is needed just for the instruction.

I advise you to record a video about your project, there are no videos with instructions on YouTube. There are several, but the links in their descriptions lead to scam sites. 

Well? ChipMixer, has this guy's problem been solved?

YO I have been trying to reach you about stuck coins and you have responded but I saw that you went and moved the coins today so WTF is that turning out to be a scam or what?
get back to me [email protected] with in the next day or Im gonna start leave scam reports on all the forums

Please check the thread: https://bitcointalksearch.org/topic/m.20612924

https://bitcointalksearch.org/topic/ann-chipmixercom-bitcoin-mixer-bitcoin-tumbler-mixing-reinvented-1935098

Seems to be a scam or buggy at the moment!

He's talking about the house edge not the fee

There is no fee for mixing on ChipMixer but it's expected of you to donate a small amount or gamble a small amount
After all, you are using a free service, you should give them some reward for providing the service


They had a giveaway thread for testing purposes where they gave out 0.01-0.02BTC to 10 people to test the website out (in vouchers)
Withdrawals were sucessful

did anybody try this service so much scammers out there and need a food mixer since bitmixer.io close the doors

This is true, it's not very private, but also you would need to give your e-mail address to ChipMixer every time you use it.
With our Electrum plugin, when you deposit, the deposit description contains recovery address. You could do that with every wallet.

We do not seek an investment. Current "bankroll" is enough.

Mixing and Gambling. That's new.
Maybe I was too fond of the other mixer that I thought this wont happen.
Well it did. Congratulations to this new feature of Chipmixer and I hope it goes.
I will try to visit the site later.
Is investment also open to this website? I mean like other gambling sites?

I am pretty sure they won't be emailing you the session details. Maybe as an option however most people wouldn't opt to use that option for many reasons.

For one, you use a mixing service to remain anonymous, why would you want your details sent over by email.

Email is not very private. Unless you opt for some encryption however that will only complicate things.

Don't think they will add this feature.

You can email the link to yourself if you really want to. Not much point to doing that though, as if you used a non encrypted email service like Gmail, they can easily know you used the mixer. It's better to save the link on your computer locally if you have to, or write it down.

Thanks RHavar for this detail analysis , I haven't thought in this way.  Chipmixer is providing mixing service for free and if they keep on losing with their betting option than we might actually loss a pretty unique mixing service which is really useful and easy to use.

I have donated few mBtc before there and would like to request others to do same so that we can have them alive for longer time.

Chipmixer, can you add one small feature to send session details to email we like? This can help us to easily track back our mixing process, some browser might loss session details after few hours.

You should use 3rd party browser like google chrome and let see if you can see the whole site fit to your mobile if not you can setup your browser to fit to your phone and let see if you can use the new feature of chipmixer and now its a well known mixer..
The added feature is interesting i just curious let see if someone test it and give some feedback .. i never heard a mixer that there is gambling feature.
Chipmixer is always making unique mixing and the good thing there you can only just donate you don't need to pay for a fee..

hard to give a shot on this since i usually use a mobile version.
and the site has terrible mobile version , it is not fit on my android smartphone , everything just looks messed up .
and sometimes there's a captcha that i cannot even read it and fill anything there because of it was covered . so i am not sure what feature it is

You are talking about the wrong mixer. ChipMixer doesn't require you to pay any fees, and you can get multiple chips of Bitcoin without paying an additional fee.

Gambling isn't there for hardcore gamblers to play a lot with, but rather for people that might be mixing coins and want to try to throw people trying to track their Bitcoin off by ending with more BTC than they deposited.

I read through this thread and in general everyone seems to be quite impressed by this mix (no pun intended) of mixing coins and gambling.
But have anyone actually tested this gambling while mixing thing and can share the first-hand opinion about this service? Worth or not?
3% House Edge seems kinda high considered that standard minimum mixing fee is  0.5% plus 0.0005 for every forward address.

New features added and looks like the betting one is interesting i thought that this is only for mixing but you added a gambling style mixing..
Well i think it is good idea and more people will be interested about a new feature since many of bitcoin users are always want to gamble to double their bitcoins..

In the future if there is enough interest then will probably lower the house edge, they are probably keeping it high because they want their main mode of business to be the mixing service and not people just betting on dice.

I'm not really much of a competitive person, I think it's great for the industry when there's more fair and honest gambling options.

Slightly off topic. But it also goes into why I think their house-edge is totally reasonable:

When someone goes to a casino, their intention is to gamble. If they win, they'll probably just gamble more. That's why I don't think from a business perspective an online casino will see a huge difference in revenue between having a 0.2% house edge and a 1% house edge (other than you can't offer as big limits sanely) as I suspect on a 0.2% edge site (e.g. like bustabit's historical average) people will tend to gamble ~5x as much as a 1% edge site (as people tend to be loss constrained).

But a site like chipmixer, I think the draw is clearly for privacy/mixing and gambling is just an add-on to improve that. So I suspect there's not going to be much turnover of the same money (if you win, you'll probably just withdraw immediately), so to sanely be able to offer it -- it makes sense to have a higher house edge.


For reference, for every 1 BTC someone's deposited at bustabit they've on averaged turned it over 18.78 times and then left with 0.96 BTC. Without such a high turn over, there's no real way I could really be paying the bills with such a low edge.


Anyway, I think what chipmixer is doing is pretty cool. I really like their idea of giving you a private key (instead of sending you money) so you can spend link it with your wallet and throw off any analytics. It's all pretty neat 

Do you see their new offering in the gambling world some competative competition to your site ryan?

Maybe a nyan called chipper perhaps.

Just kidding mate!
Everybody just loves you site. Which I have always thought it was an offshoot of Moneypot.
I think I asked you once if you were a former owner of that league of gambling sites.

Does this mean house edge is more than 5%  If yes than that is really huge and I don't think any wise guy will bet on your platform. I don't think gambling and mixing mix well however I have to say what you have developed is awesome and quite unique and easy to use mixing service.

I guess I somewhat understand the point of this.

For starts since its a mixing service, it obviously has the capital to pay out everybody since their BTC cold storage is large.

Secondly is that for most people the only way to mix is to split the amounts. Because if you mix 1 BTC, and 5 minutes later 1 BTC minus fees arrives somewhere else, then it can be easily traceable.

So you have to split them and when you split them with different time frames its very difficult if not impossible to detect the destination. What this site does is, instead of splitting you can just gamble it away, so if you gamble away 20% of your deposit, it will be hard to track the other 80%. Or you can be lucky and win 20% and in the same way would be difficult to track.

I with this site and service luck.

Wow, I never knew that a mixing site could make a gambling site! Thats really nice OP, it's a good way to keep it cool here in the gambling sections. It is nice since I have not seen anything like this int past. I guess people will surely try out this function whenever they are mixing their coins. It's good also that you implemented provably fair games. Good luck OP

If you said your bankroll is much much higher why only limited us 0.128 btc only for the highest bet? This is pretty low for "much much bankroll". This is pretty absurd when you have great bankroll but only to let us play as 0.128 btc as max bet

The highest chip value you can bet is 128 mBTC. Our "bankroll" is much, much higher.

We are not a casino. Casino's goal is to provide fun and addicting way of spending percentage of your coins. Our goal is to increase users privacy in which betting makes mixer's output unpredictable. We are not against casinos, we have different goals.

In our defence we did not expect betting function to be that popular. It was just an extra way to improve privacy whenever you use it or not. But then people went with whole double my bitcoins routine and improvements for betting was inevitable.

I was referring to a fair betting system by saying standard.
You can either verify your bets or not I dont think there is something you can do to go above standard
But no one can trust your site as long as you are not provably fair.

I can definitely see the added privacy this could add due to changing the amount of outputs and making it harder to trace.

Although I'm not sure I'd want to gamble during the mixing process. The only downside is if the coins were somehow associated with gambling after the mixing process but I don't see this being the case due to the mixing process. Therefore there probably isn't any harm in offering the ability to gamble as long as the provably fair mechanism is solid.

Provably fair means, now the user car prove the fairness of every bets. It does't mean the site was unfiar (making up bet results) without it.

Well, first i didn't try your gambling site at all because of the busy mode but as what i've see. It jave nice features and it's new with my eyes...... Would highely try this one if i have some free time. Anyways i've seen that tjere's so many promoting also this casino. Hope rhis one become popular

You won't be able to expect always to win but with the large stock of bankroll, I think a the bigger changes will come as you win. Fair gaming always prevails as you do the game with a promising bets but not to the extent that you drown yourself even bank roll has no enough funds. Make sure to bet in a desired amount you needed to play exactly and do fun gaming games.

I didn't knew that.
The mixer generally have a large stock that can easily work as a bankroll.
And the house edge always wins.

So it wasnt provably fair before?

How much btc is on your website for mixing? Because if it is not large enough than you cannot mix coins for large bets.

Looks good. I never even thought about that. That's a damn good idea. Gives oeoe something to do while they mix. You should make a live video of the mix happening for us to see. Good idea . Nice to see different things coming up.

Hi nice to see this improvement. For what I know this is the first mixer with this feature!
I hope to see other funny options for mixing my btc.

What would you change with ChipMixer to go higher than standard?

True being probably is the basic standard for any gambling site. However, the features and uniqueness the website offers makes it more attractive to users but in gambling industry the more old the more trustable. So have patient and keep doing the good work and go for the site.

I dont think that gambling goes well with tumbling. It looks like a desperate try to increase the winnings 

And btw any betting site that wants to be legit should be provably fair, so thats not really an upgrade but reaching the standard...

There is no mixing tax. We use donations and bets to fund ourselves.

For support please contact us by e-mail or BitcoinTalk PM. I have sent you PM.

ChipMixer started as a mixer with betting function added for increased privacy (it is harder to guess mixer's output if user can withdraw more than they deposited). We have received a lot of positive feedback about betting function and requests for provably fair mechanism.

That is a great idea. I Think you will provide the chance to those who will mix their coins using your service.  That will make your site more favorable by the people who need to mix their coins if there will not be a chance to lose. I think there is only win option. Please explain more about your this service.

Hi,

On the step 2, it says "All chips withdrawn", i made a voucher, but i can't find it on step 3.

Can you help me please?

Thank you!

The house edge is close to the one of Satoshi Dice but IMO it's to be expected from a service that doesn't specialize in gambling but rather in mixing. They probbaly want to reduce the risk the additional service would put on their main one.

The 3% edge is including the mixing taxes, right?

Its interesting idea but i have some reserves about it. Usually people whom are using a mixing service is using is for "work". To get their coins mixed and IMO with a less desire for gambling. But it's a nice addition for those with guts :)

Very interesting idea, mixing chips and doubling amount while you are doing it.
Although house edge is very high, i would rather use dice site with lower house edge for gambling and than mixer to mix coins, but i am sure someone will try his luck.

Hello Everyone

Some of you may know about ChipMixer, service that reinvents Bitcoin tumbling.
Some of you may know that we offer betting while mixing your coins.
But today...

Since today all of our bets are now provably fair with a chance of doubling your chip equals 15 out of 32 (which is around 47%).

Mixer's interface looks like this:



What do you think? Does gambling and tumbling mix well?

Clearnet link: https://chipmixer.com/
Tor link: http://chipmixerwzxtzbw.onion/