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Topic: ★FastBets.io - A New Way to Gamble ★ - page 14. (Read 58688 times)

newbie
Activity: 37
Merit: 0
February 28, 2016, 06:35:09 AM
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!
newbie
Activity: 37
Merit: 0
February 27, 2016, 02:04:25 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?...
legendary
Activity: 1400
Merit: 1009
February 27, 2016, 10:27:30 AM
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 Smiley
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
newbie
Activity: 37
Merit: 0
February 26, 2016, 05:27:51 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
hero member
Activity: 1008
Merit: 500
February 26, 2016, 04:54:41 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 Smiley
legendary
Activity: 1400
Merit: 1009
February 26, 2016, 02:37:55 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?
legendary
Activity: 1260
Merit: 1001
February 26, 2016, 02:24:41 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.
hero member
Activity: 700
Merit: 500
February 26, 2016, 02:19:36 PM
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
legendary
Activity: 952
Merit: 1002
February 26, 2016, 02:05:11 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  Undecided
legendary
Activity: 3500
Merit: 1354
February 26, 2016, 01:35:22 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.
newbie
Activity: 37
Merit: 0
February 26, 2016, 12:53:08 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 30 minutes.

Competition will end at 2pm UTC
.
hero member
Activity: 1008
Merit: 500
February 21, 2016, 05:26:13 PM


FASTBETS IS LAUNCHING AN AFFILIATE NETWORK

You can now invite your friends to join FastBets.io and get a 10% commission on each of their bets (wins & losses).

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

Just head over to FastBets.io and create an account. Then click on 'become an affiliate' at the bottom of the screen to find your personal affiliate link.



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 Smiley 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])

hero member
Activity: 1008
Merit: 500
February 02, 2016, 11:27:52 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 Smiley
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 Smiley
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
February 02, 2016, 09:10:54 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 Smiley
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.
hero member
Activity: 1008
Merit: 500
February 02, 2016, 08:08:23 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 Smiley
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
February 02, 2016, 07:57:32 AM
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. Smiley

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 Smiley 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.
hero member
Activity: 1008
Merit: 500
February 02, 2016, 07:42:20 AM
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. Smiley

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 Smiley 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.
legendary
Activity: 2660
Merit: 1141
February 02, 2016, 01:00:04 AM
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. Smiley

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
hero member
Activity: 1008
Merit: 500
February 01, 2016, 05:49:47 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. Smiley

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)
legendary
Activity: 1168
Merit: 1049
February 01, 2016, 05:36:37 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.
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