★FastBets.io - A New Way to Gamble ★ - page 14.

FastBetsStaff

newbie

Activity: 37

Merit: 0

Quote from: FastBetsStaff on February 27, 2016, 03:04:25 PM

Competition Announcement!

We will have a competition for new ideas to develop for the site tomorrow. (28/02/16) at 1pm UTC.
Prize: 1st place - 2500bits, (250,000 Satoshi)

All you need to do to enter, is post your idea of what you want to see next on the site into chat, participants will have 40 minutes.

Competition will end at 1:40pm UTC

For example, submission might be about:

Functions - Chat/Console/Messaging etc
Games - Multiplayer Game?...

Bump!

FastBetsStaff

newbie

Activity: 37

Merit: 0

Competition Announcement!

We will have a competition for new ideas to develop for the site tomorrow. (28/02/16) at 1pm UTC.
Prize: 1st place - 2500bits, (250,000 Satoshi)

All you need to do to enter, is post your idea of what you want to see next on the site into chat, participants will have 40 minutes.

Competition will end at 1:40pm UTC

For example, submission might be about:

Functions - Chat/Console/Messaging etc
Games - Multiplayer Game?...

lite

legendary

Activity: 1400

Merit: 1009

Quote from: FastSlots on February 26, 2016, 05:54:41 PM

Quote from: lite on February 26, 2016, 03:37:55 PM

Quote from: mcfom on February 26, 2016, 03:24:41 PM

Quote from: FastBetsStaff on February 26, 2016, 01:53:08 PM

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 100bits, (10,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 30 minutes.

Competition will end at 2pm UTC

.

If possible than kindly increase prize money, current amount looking just waste of time.

Yeah i think increasing the prize to 20/25k sat would be nice, all we have to do is find a funny video link right?

Hey guys, I think I need to explain a bit. We've been doing these competitions for a while now. It all started when we enabled youtube and imgur embeds in the chat on FastBets:

Then we started to host small competitions like: "I'm gonna give 100bit to the user that can post the best trailer to a horror movie" (the movie "Maniac" won). Was really not about the coins, but a lot of fun. So we wanted to share the fun with the bitcointalk community.

Do understand that taken out of context this might seem odd. For this reason we're gonna up the prize to 250bit=25000satoshi tomorrow. Might go down in the future again, we'll see

Ah okay i get it now, so it's not just a onetime competition/giveaway. it's cool if you set prize down to 10k sat or lower. Wink

FastBetsStaff

newbie

Activity: 37

Merit: 0

Quote from: FastBetsStaff on February 26, 2016, 01:53:08 PM

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 250bits, (25,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 60 minutes.

Competition will end at 2pm UTC

.

bump

FastSlots

hero member

Activity: 1008

Merit: 500

Quote from: lite on February 26, 2016, 03:37:55 PM

Quote from: mcfom on February 26, 2016, 03:24:41 PM

Quote from: FastBetsStaff on February 26, 2016, 01:53:08 PM

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 100bits, (10,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 30 minutes.

Competition will end at 2pm UTC

.

If possible than kindly increase prize money, current amount looking just waste of time.

Yeah i think increasing the prize to 20/25k sat would be nice, all we have to do is find a funny video link right?

Hey guys, I think I need to explain a bit. We've been doing these competitions for a while now. It all started when we enabled youtube and imgur embeds in the chat on FastBets:

Then we started to host small competitions like: "I'm gonna give 100bit to the user that can post the best trailer to a horror movie" (the movie "Maniac" won). Was really not about the coins, but a lot of fun. So we wanted to share the fun with the bitcointalk community.

Do understand that taken out of context this might seem odd. For this reason we're gonna up the prize to 250bit=25000satoshi tomorrow. Might go down in the future again, we'll see

lite

legendary

Activity: 1400

Merit: 1009

Quote from: mcfom on February 26, 2016, 03:24:41 PM

Quote from: FastBetsStaff on February 26, 2016, 01:53:08 PM

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 100bits, (10,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 30 minutes.

Competition will end at 2pm UTC

.

If possible than kindly increase prize money, current amount looking just waste of time.

Yeah i think increasing the prize to 20/25k sat would be nice, all we have to do is find a funny video link right?

mcfom

legendary

Activity: 1260

Merit: 1001

Quote from: FastBetsStaff on February 26, 2016, 01:53:08 PM

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 100bits, (10,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 30 minutes.

Competition will end at 2pm UTC

.

If possible than kindly increase prize money, current amount looking just waste of time.

fulgdenea

hero member

Activity: 700

Merit: 500

I also think that competition which 100 bits reward is some kind of prank, op need to be increase the reward amount to keep engage more people there to chase this but 100 bits is not looking attractive anymore. Wink

Paidi

legendary

Activity: 952

Merit: 1002

Quote from: panjul07 on February 26, 2016, 02:35:22 PM

Quote from: FastBetsStaff on February 26, 2016, 01:53:08 PM

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 100bits, (10,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 30 minutes.

Competition will end at 2pm UTC

.

No offense, but dont you think that the prize is quite low? IMHO, 100bits for whatever kind of competition is not worth enough.

We will have a competition for the funniest prank
OP seems to have won this competition, total prize of 100 bits coolest prank this year I do not think a big site like fastbet offering a competition prize 100 bits ( 10000 satoshi ) Sad

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: FastBetsStaff on February 26, 2016, 01:53:08 PM

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 100bits, (10,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 30 minutes.

Competition will end at 2pm UTC

.

No offense, but dont you think that the prize is quite low? IMHO, 100bits for whatever kind of competition is not worth enough.

FastBetsStaff

newbie

Activity: 37

Merit: 0

Competition Announcement!

We will have a competition for the funniest prank on YouTube tomorrow (27/02/16) at 1pm UTC.

Prize: 1st place - 250bits, (25,000 Satoshi)

All you need to do to enter, is post your best YouTube video link of the funniest prank you can find into chat, participants will have 30 minutes.

Competition will end at 2pm UTC

.

FastSlots

hero member

Activity: 1008

Merit: 500

FASTBETS IS LAUNCHING AN AFFILIATE NETWORK

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I'm not gonna lie, we are not awesome in the art of marketing over here at FastBets. However, if you are, you can use that to your advantage. Despite the fact that we are a well trusted brand in the Bitcoin gambling space, many high rollers have never heard of FastBets. So if you happen to be friends with one, or if your just an genius in getting traffic, just give out our affiliate link and start earning today!

HOW IT WORKS

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Give that link to a friend, put in on your blog, tweet it out, we don't care (do keep it classy though).

WHATS IN FOR YOU

Whenever a user that visits FastBets.io through of your personal affiliate link, he will be your affiliate. That means that for every bet he or she makes, you earn 10% of the house edge, no matter if the bet wins or loses. Plus affiliates are forever over at FastBets, so once you get an affiliate you'll make money for a long time...

Payments are made into your account every Friday, withdraw are instant of course

You can see upcoming & past payments in our handy affiliate dashboard

Should you have any questions, feel free to ask here or shoot me an email ([email protected])

FastSlots

hero member

Activity: 1008

Merit: 500

Quote from: Sourgummies on February 02, 2016, 10:10:54 AM

Quote from: FastSlots on February 02, 2016, 09:08:23 AM

That is in fact an excellent idea. I'll have to look into how much work implementing this would be (first guess, not that much). That would really give me best of both worlds, convenience for the player and security for myself. Thanks

Haha, well I'm glad to be of assistance! Hopefully every user of FastBets will be able to see this new feature in play very soon! It's not that difficult to add in, so I assume you won't have too much trouble with it.

Thanks mate, as always, great input. Will be put into action soon

Sourgummies

hero member

Activity: 728

Merit: 500

Never ending parties are what Im into.

Quote from: FastSlots on February 02, 2016, 09:08:23 AM

That is in fact an excellent idea. I'll have to look into how much work implementing this would be (first guess, not that much). That would really give me best of both worlds, convenience for the player and security for myself. Thanks

Haha, well I'm glad to be of assistance! Hopefully every user of FastBets will be able to see this new feature in play very soon! It's not that difficult to add in, so I assume you won't have too much trouble with it.

FastSlots

hero member

Activity: 1008

Merit: 500

Quote from: Sourgummies on February 02, 2016, 08:57:32 AM

[...]

Isn't there, though, an alternate way, to prevent any money loss? You could let them gamble and only withdraw when they have a confirmation. That way, you can let people deposit with 0 confirmations and still play, but when they're done playing, they can withdraw as long as they're not double-spending. Another thing about this is that probably during the time they gamble (if they don't all-in) their confirmation usually goes through.

That is in fact an excellent idea. I'll have to look into how much work implementing this would be (first guess, not that much). That would really give me best of both worlds, convenience for the player and security for myself. Thanks

Sourgummies

hero member

Activity: 728

Merit: 500

Never ending parties are what Im into.

Quote from: FastSlots on February 02, 2016, 08:42:20 AM

Quote from: Falconer on February 02, 2016, 02:00:04 AM

Quote from: FastSlots on February 01, 2016, 06:49:47 PM

Quote from: bitcoin revo on February 01, 2016, 06:36:37 PM

Quote from: FastSlots on February 01, 2016, 06:29:36 PM

FastBets is now accepting 0-confirmation deposits.

That sounds sweet for the average casino user, but is BlockCypher reliable enough to risk being scammed for a potentially large deposit? Also, how does it work - if it turns out to be a double spend, do the coins and any winnings/withdrawals immediately get denied?

Great job, by the way.

What the confidence factor does is it "predicts the likelihood of an attempted double-spend succeeding against a transaction". We will accept the deposit when that likelihood is below 0.1%. In case a double spend would go through, we'd have to pay for that from our hot wallet. As our cold wallet is always much bigger than the player funds, player funds are not at risk.

I'm happy to take a small risk of being victim to a double spend attack if I can improve the user experience.

As for the reliability of blockcyper, they are a company incorporated in California, with a very respectable team, and a bunch of world class investors. I have no doubt in my mind that they are reliable. (http://www.blockcypher.com)

Taking a risk for double spend attack is ot a wise thing to do. People are never in for the game or the feature but only for the money. You will be risking your money with nothing to gain back which is stupid imo. There are lot of cases at the other site where user should have loss huge but they attempted the double spend and got it back

Thanks for your input Falconer but I respectfully disagree

I've mentioned before that all I'm doing here is copying stuff I like. I lately came across an article by Eric Voorhees (founder of SatoshiDice, godfather of Bitcoin gambling, now CEO of ShapeShift) where he talkes about his experience with accepting 0-conf deposits at Satoshidice

Source is well worth reading btw: https://shapeshift.io/site/blog/2015/12/01/note-ceo-erik-voorhees-appeal-zero-conf#sthash.7QZDEVAU.dpuf

I'm just gonna try to do the same thing. If I get a problem, I can change one line of code and go back requiring 1-conf on a deposit.

Isn't there, though, an alternate way, to prevent any money loss? You could let them gamble and only withdraw when they have a confirmation. That way, you can let people deposit with 0 confirmations and still play, but when they're done playing, they can withdraw as long as they're not double-spending. Another thing about this is that probably during the time they gamble (if they don't all-in) their confirmation usually goes through.

FastSlots

hero member

Activity: 1008

Merit: 500

Quote from: Falconer on February 02, 2016, 02:00:04 AM

Quote from: FastSlots on February 01, 2016, 06:49:47 PM

Quote from: bitcoin revo on February 01, 2016, 06:36:37 PM

Quote from: FastSlots on February 01, 2016, 06:29:36 PM

FastBets is now accepting 0-confirmation deposits.

That sounds sweet for the average casino user, but is BlockCypher reliable enough to risk being scammed for a potentially large deposit? Also, how does it work - if it turns out to be a double spend, do the coins and any winnings/withdrawals immediately get denied?

Great job, by the way.

What the confidence factor does is it "predicts the likelihood of an attempted double-spend succeeding against a transaction". We will accept the deposit when that likelihood is below 0.1%. In case a double spend would go through, we'd have to pay for that from our hot wallet. As our cold wallet is always much bigger than the player funds, player funds are not at risk.

I'm happy to take a small risk of being victim to a double spend attack if I can improve the user experience.

As for the reliability of blockcyper, they are a company incorporated in California, with a very respectable team, and a bunch of world class investors. I have no doubt in my mind that they are reliable. (http://www.blockcypher.com)

Taking a risk for double spend attack is ot a wise thing to do. People are never in for the game or the feature but only for the money. You will be risking your money with nothing to gain back which is stupid imo. There are lot of cases at the other site where user should have loss huge but they attempted the double spend and got it back

Thanks for your input Falconer but I respectfully disagree

I've mentioned before that all I'm doing here is copying stuff I like. I lately came across an article by Eric Voorhees (founder of SatoshiDice, godfather of Bitcoin gambling, now CEO of ShapeShift) where he talkes about his experience with accepting 0-conf deposits at Satoshidice

Source is well worth reading btw: https://shapeshift.io/site/blog/2015/12/01/note-ceo-erik-voorhees-appeal-zero-conf#sthash.7QZDEVAU.dpuf

I'm just gonna try to do the same thing. If I get a problem, I can change one line of code and go back requiring 1-conf on a deposit.

Falconer

legendary

Activity: 2506

Merit: 1125

Quote from: FastSlots on February 01, 2016, 06:49:47 PM

Quote from: bitcoin revo on February 01, 2016, 06:36:37 PM

Quote from: FastSlots on February 01, 2016, 06:29:36 PM

FastBets is now accepting 0-confirmation deposits.

That sounds sweet for the average casino user, but is BlockCypher reliable enough to risk being scammed for a potentially large deposit? Also, how does it work - if it turns out to be a double spend, do the coins and any winnings/withdrawals immediately get denied?

Great job, by the way.

What the confidence factor does is it "predicts the likelihood of an attempted double-spend succeeding against a transaction". We will accept the deposit when that likelihood is below 0.1%. In case a double spend would go through, we'd have to pay for that from our hot wallet. As our cold wallet is always much bigger than the player funds, player funds are not at risk.

I'm happy to take a small risk of being victim to a double spend attack if I can improve the user experience.

As for the reliability of blockcyper, they are a company incorporated in California, with a very respectable team, and a bunch of world class investors. I have no doubt in my mind that they are reliable. (http://www.blockcypher.com)

Taking a risk for double spend attack is ot a wise thing to do. People are never in for the game or the feature but only for the money. You will be risking your money with nothing to gain back which is stupid imo. There are lot of cases at the other site where user should have loss huge but they attempted the double spend and got it back

FastSlots

hero member

Activity: 1008

Merit: 500

Quote from: bitcoin revo on February 01, 2016, 06:36:37 PM

Quote from: FastSlots on February 01, 2016, 06:29:36 PM

FastBets is now accepting 0-confirmation deposits.

That sounds sweet for the average casino user, but is BlockCypher reliable enough to risk being scammed for a potentially large deposit? Also, how does it work - if it turns out to be a double spend, do the coins and any winnings/withdrawals immediately get denied?

Great job, by the way.

What the confidence factor does is it "predicts the likelihood of an attempted double-spend succeeding against a transaction". We will accept the deposit when that likelihood is below 0.1%. In case a double spend would go through, we'd have to pay for that from our hot wallet. As our cold wallet is always much bigger than the player funds, player funds are not at risk.

I'm happy to take a small risk of being victim to a double spend attack if I can improve the user experience.

As for the reliability of blockcyper, they are a company incorporated in California, with a very respectable team, and a bunch of world class investors. I have no doubt in my mind that they are reliable. (http://www.blockcypher.com)

bitcoin revo

legendary

Activity: 1168

Merit: 1049

Quote from: FastSlots on February 01, 2016, 06:29:36 PM

FastBets is now accepting 0-confirmation deposits.

That sounds sweet for the average casino user, but is BlockCypher reliable enough to risk being scammed for a potentially large deposit? Also, how does it work - if it turns out to be a double spend, do the coins and any winnings/withdrawals immediately get denied?

Great job, by the way.

Topic: ★FastBets.io - A New Way to Gamble ★ - page 14. (Read 58632 times)