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Topic: ★FastBets.io - A New Way to Gamble ★ - page 54. (Read 58688 times)

hero member
Activity: 1008
Merit: 500
January 05, 2015, 01:05:59 PM
#64
I just added a slider to chart bet that allows the user to control speed of the chart. Still needs some calibration, but I wanted to get it out there.

I'll now working on a second slider with which the user will be able to control the rate of change. I probably will not be able to launch this feature before tomorrow.

Thanks to @edmundduke and @KingOfSports for suggesting these features.
hero member
Activity: 1008
Merit: 500
January 04, 2015, 05:06:22 PM
#63
Thanks for all you comments, I'll answer to each of you below.

@flippy, thanks again for finding this not-so-easy-to-find bug. It's now fixed, the client secret is updated on every tick

@elephantas1, I'm very happy you like it. We are working on improvements to the slot machine, to be released in the next weeks (we have another game to launch first).

@edmundduke, great point. The time between updates was a little under 1sec, I just changed it to about 1.5sec (the precise time depends on the users location and the load on the server). Just give it a try and let me know what you think. We could also have something like a slider with which the user could control the speed. If you Edmund or anyone else would like have this feature, just let me know.

@KingOfSports, I appreciate your honesty, bad feedback is very often the most helpful feedback. Regarding the house edge however, I disagree. Consider a dice game on autoplay. There you have a house edge of 1% every second. That is a 5x bigger house edge than on chart bet. Honestly, with a house edge of 0.2% it's going to take ages for me to make a profit (right now I have lost quite a bit). The only reason I am doing this is because I want to try something new, and I'm giving a discount so that lots of people can try it.

Concerning the rate of change however, you might be right. Currently the maximal change on one tick is 4% of the current value. Maybe that is too low. Thinking about it, maybe we should have two sliders, one for Edmund (where you can change the speed), and one for KingOfSports (where you can change the rate of change)...

I might actually try that tomorrow.. Thanks everyone!
hero member
Activity: 602
Merit: 500
Acc bought - used solely for signature testing
January 04, 2015, 04:40:10 PM
#62
Looked at the chart game - honestly it isn't that impressive plus a house edge of 0.20% EVERY couple seconds is awful. It'd be more interesting if literally one second its worth 50% and next it could be worth 200%. Literally changes of <1% on average don't excite me. I watched the chart game for a good minute and not once did any of the lines even reach 11000 (10% higher then when you buy at the starting 10k so thats pretty unexciting to me as a gambler).
legendary
Activity: 1624
Merit: 1007
January 04, 2015, 04:07:37 PM
#61
The games are really fun. The site itself is looking better and better by the day. Im welcoming every change Smiley
But yes the last game with charts, maybe the delay needs to be longer between the profit margin changes. More time for players to decide if they wish to sell or no.
sr. member
Activity: 378
Merit: 250
January 04, 2015, 03:15:41 PM
#60
those fast slots are really cool my favorite game of the site
hero member
Activity: 1008
Merit: 500
January 04, 2015, 09:39:20 AM
#59
Hi Flippy

You are raising some valid points here. Let me address them one by one.

1) The reset happens when (a) the user has not bought any of the three virtual stocks, and (b) the stocks are further apart than a certain threshold. Therefore the reset never has any impact on the balance or chance of winning of the user.

We are doing the reset because over time, the three stocks tend to degrade to three parallel lines, and thus the chart looks quite boring (to see this behaviour, just buy a stock to prevent the reset and wait). As you suggest, I have added a description to the "how it works" section.

2) You are absolutely right, there is a bug in our provably fair system. What should happen is that a random client seed is generated for every tick in the clients browser. I'm currently working on a fix and will post here when done.


member
Activity: 117
Merit: 100
January 04, 2015, 12:14:38 AM
#58
The idea behind chart-bet is fun, but there's a couple of issues with the fairness of it:

1: I noticed that at certain times, the chart resets, so all the values go back to +10000. However, it's not stated anywhere when this reset will happen, or what would happen if the reset happened while the player had bought in.

2: Due to the automatic and fast paced nature of the game, there is little opportunity for the player to change the client seed between ticks. Since the server seed changes with every update, the server will usually know what the client seed is and could deliberately generate losing server seeds. I suggest either using a nonce (site chooses server seed which will stay the same, player chooses client seed which will stay the same, increment the nonce with each tick of the chart) or adding a clientside option that generates a new client seed on every tick.
hero member
Activity: 1008
Merit: 500
January 03, 2015, 05:32:29 PM
#57
Chart-Bet is back up and stable now.

We'll be offering this crazy low house edge of 0.2% for a limited time only. Come check it out before it's too late!
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
January 02, 2015, 10:28:47 PM
#56
Congrats! to the new launch.

The chart bet is really cool. I still find the double or nothing very addictive. Smiley
hero member
Activity: 1008
Merit: 500
January 02, 2015, 05:24:47 PM
#55
@Rulishix thanks for standing up for me but I really don't mind giving out a small bonus in exchange for feedback. After all it's valuable information for me and helps me build a site that people like...

@bleeding2323 I'm happy to hear that the site is working for you. However, I think it's still down for a couple of users, and it's much slower than it should be if it's not.

Concerning your suggestion about the promo, you are probably right. However we are a small team and we are really focussed on launching games atm. We will start marketing once we have launched our first batch of games (one or two games still to come...)

@karakhan: "When life gives you lemons, make lemonade" ;-)

The three of you will all get a small bonus by pm in a minute, @Rulishix please feel free to loose it if you don't want it :-)
sr. member
Activity: 274
Merit: 250
January 02, 2015, 05:20:10 PM
#54
only lemons nothing more and free spins taking money lol
sr. member
Activity: 406
Merit: 250
January 02, 2015, 05:07:55 PM
#53
The website is still down. The issue seems to be with our web host. I'll let you know when the issue is resolved.
websites working for me
op do you have any freeplay promo i can have?
it would be cool if you did some sort of promo to get your site out there imo

Sites been up for months! STFU begging for shit. People like you are a drain on the gambling economy asking for faucets and shit. If you can't afford to gamble then you shouldn't be fucking gambling!
full member
Activity: 229
Merit: 100
https://forum.positroncrypto.com/
January 02, 2015, 04:38:00 PM
#52
The website is still down. The issue seems to be with our web host. I'll let you know when the issue is resolved.
websites working for me
op do you have any freeplay promo i can have?
it would be cool if you did some sort of promo to get your site out there imo
hero member
Activity: 1008
Merit: 500
January 02, 2015, 03:01:56 PM
#51
The website is still down. The issue seems to be with our web host. I'll let you know when the issue is resolved.
hero member
Activity: 1008
Merit: 500
January 02, 2015, 02:39:42 PM
#50
Ok, I reconfigured the server, disabled the chat, and restarted. Server is back up now. Hope it holds up...
hero member
Activity: 1008
Merit: 500
January 02, 2015, 02:03:02 PM
#49
Here we go, the website crashed under load a few minutes after posting the above. We're working to restore service. We'll keep you posted...
hero member
Activity: 1008
Merit: 500
January 02, 2015, 01:45:06 PM
#48

Happy to introduce Chart Bet to the world of gambling. As far as I know it's a new concept that is inspired by the gambling that goes on on the stock market: you can buy and sell virtual stocks and make money if you buy low and sell high.

We are offering this game with an extremely low house edge of just 0.2%. It is important to note that this house edge applies every time the chart is updated (circa 1 time per second). Thus it's comparable to a dice game on autoplay. As dice games often re-roll the dice every second at a house edge of 1%, your odds of winning on chart bet are dramatically better.

I'd love to get feedback as to what the community thinks of our new concept? Would you like to see more experiments like this in the future or should we be build out some classics (like dice etc) first?

Cheers,
Henry
hero member
Activity: 1008
Merit: 500
December 18, 2014, 12:03:56 PM
#47
Hey americas guy!

You are right, that is a bug. Until we fix it you can reload the page after you rotated your ipad and the fruits will reappear. Thanks for spotting that one. I'll send you a small bonus by pm.

Cheers!
newbie
Activity: 1
Merit: 0
December 17, 2014, 07:21:14 PM
#46
Guy from the americas here :-)

This is my feedback: I dig the design and that it works on my iPad. However, if I turn the ipad sideways, the fruits disappear...

Does that qualify for a bonus?
hero member
Activity: 1008
Merit: 500
December 17, 2014, 03:24:03 PM
#45

Shameless repost to bump this up for all people from the americas who might be coming online now.

Feedback would be highly appreciated. I have a habit of sending out small bonuses to people who give feedback and criticism - won't be ditching that habit today :-)
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