Topic: I run SatoshiRoulette.com (with the help of my code monkey) Ask Me Anything (Read 1383 times)

hrmm, off the top of my head I honestly couldnt say - we do have a SQL query I run to find out, I'll see if I can incorporate that into 1 of our stats page.
Any other statistics you would like to see ? Im loving google chart, so easy for me to use.

How many Bitcoins have you had bet on you since launch?

Hehe, several times.


he needed capital which I had


We Have supported litecoin for nearly a year now

We also support: TRC, PPC & NVC.

Bets with Bitcoin... cool! 
Something similar using Litecoin on the horizon?

Why did he partner with you? Why not just release SatoshiRoulette on his own?

As a BBV$Ler [from 2+2]:

Has anyone put it all on Black yet?

Oh lol really? That's a lame question then!

He is paid in banana's though seriously It's from a youtube amv he likes, he thinks is a suitable title for what he does.


It ebbs and flows, our capital is ~1000 btc though we usually only run the hot wallet with ~20% of that amount. The rest staying in cold storage.

Very nice work. Congrats to you and CodeMonkey! I enjoyed reading your comments.

Are you raking in the dough? How much capital did it take for you to launch?

I think that's his handle/alias. right?

Thanks for your answers!
One more question - why do you call your partner CodeMonkey?!

I personally have little to none, CodeMonkey has used it on previous projects he has worked on but prefers perl.

Do you have extensive experience with python?

"Only way to make money in a casino is to own one."

Congrats!

Yes:

Are you thinking of adding a deposit/withdrawl system, for small bets the transaction fees (especially on LTC)  make itr eally hard to win any money currently

Thanks for your responses, very insightful.

I also want to ask, what's the future with your website and partnership with your code monkey?


If it's not too much to ask, would Freicoin be an option in the future? The demurrage feature in the currency makes it ideal for spending. Having a casino to spend it in would be great.

You sure do , I shall answer as best I can below:

1. How long did it take you to go live from the moment you decided to start the site to when you accepted the first payment?

Its hard to say, perhaps 2 months of private testing and one month of unofficially open testing before going live.

2. How much of 'reserve' money do you have in case someone has a lucky streak for longer than you'd like?

~1000 BTC give our take.

We operate our casino so that can afford to payout 30-100 (max bet * max payout) wins depending on the game odds.
As some players may have noticed, our bets are dynamic, they grow/shrink if the hot wallets balance has grown/shrunk ~10% (configurable per engine instance).

3. What's the value of bets placed every day (approx)?

you could estimate/calculate that from here:
http://satoshiroulette.com/game-history.php?game=.*&DAYS=7&mode=BTC®EX=1

at a guess, the average bet is ~0.2 BTC.

4. What's your estimate of the amount of money it would take today to hire a programmer who could make a similar site?

CodeMonkey has sworn "never again" which honestly shook me when I was asking about follow up casinos. Due to accepting zero conf bets (still) you need to be on top of your security and always watching the forums and github for the latest exploits/ etc. So while the initial package may not cost too much, the on going maintenance would be costly unless your coder is reaping dividends like mine is.

That being said, the engine has been built to work as "a engine" in that you can feed it game config files which it will load and support "like magic". Its been designed from the ground up to be non programmer driven so I myself can easily add new games with no programming knowledge being required. We would eventually like to sell this or open source for a sufficient bounty as a complete software stack.

Here is an example game file so you get how easy it is:




5. Do you have an affiliate program?

unfortunately due to how blockchain betting works we do not have a way of tracking referrals to bets played.
However we are working on an addition to our casino which will add a login/account system so we can support betting "off the blockchain" for those that prefer it, this will include referral support .

I have a few questions -

1. How long did it take you to go live from the moment you decided to start the site to when you accepted the first payment?

2. How much of 'reserve' money do you have in case someone has a lucky streak for longer than you'd like?

3. What's the value of bets placed every day (approx)?

4. What's your estimate of the amount of money it would take today to hire a programmer who could make a similar site?

5. Do you have an affiliate program?