Pages:
Author

Topic: [JACKPOT 9.2 BTC] Bitcatch round #4. Now with jackpot. - page 3. (Read 6605 times)

legendary
Activity: 1137
Merit: 1001
maybe a running pot total could be posted somewhere. Or, another column which shows how much new money is needed for payout by each entry.

xyu
full member
Activity: 182
Merit: 100
Why don't bets since Jul 14 02:48:06 get paid out? There is definitely enough money in the pot.
Why do you think so? The current pot is 0.33158 BTC, do you taking into account 3% fee?
czz
newbie
Activity: 48
Merit: 0
Why don't bets since Jul 14 02:48:06 get paid out? There is definitely enough money in the pot.
full member
Activity: 224
Merit: 100
Jackpots are similar to penny auctions, and those do end at some point.
full member
Activity: 213
Merit: 100
This looks like a pyramid scheme but..How can someone lose?

EDIT: Wow didn't realize that it only pays out after no1 has entered for 24 hours. Now I'm pissed I entered.
Um. It pays out instantly, it ends when no one's entered for 24 hours.

And how do you think people can lose? Same way they do in any pyramid scheme. The longer it goes on, the further the gap between new entries and paid entries. I would say that people entering now are probably not going to end up getting a payout, the gap is getting too wide.

But most pyramid schemes don't have a jackpot.
full member
Activity: 191
Merit: 100
This looks like a pyramid scheme but..How can someone lose?

EDIT: Wow didn't realize that it only pays out after no1 has entered for 24 hours. Now I'm pissed I entered.
Um. It pays out instantly, it ends when no one's entered for 24 hours.

And how do you think people can lose? Same way they do in any pyramid scheme. The longer it goes on, the further the gap between new entries and paid entries. I would say that people entering now are probably not going to end up getting a payout, the gap is getting too wide.

I believe they will get paid, because there is a jackpot. It just gets slow, so it is never late
full member
Activity: 224
Merit: 100
This looks like a pyramid scheme but..How can someone lose?

EDIT: Wow didn't realize that it only pays out after no1 has entered for 24 hours. Now I'm pissed I entered.
Um. It pays out instantly, it ends when no one's entered for 24 hours.

And how do you think people can lose? Same way they do in any pyramid scheme. The longer it goes on, the further the gap between new entries and paid entries. I would say that people entering now are probably not going to end up getting a payout, the gap is getting too wide.
full member
Activity: 213
Merit: 100
This looks like a pyramid scheme but..How can someone lose?

EDIT: Wow didn't realize that it only pays out after no1 has entered for 24 hours. Now I'm pissed I entered.
xyu
full member
Activity: 182
Merit: 100
Sorry, but I can't find my answers in the threads..

A) If someone bets less than the minimum (0.30) or more than the maximum (1.2), they can still 'play' and get the 10%, but they are not eligible for the jackpot, nor does it move the countdown timer another 24hrs?

B) an 'unconfirmed entry' doesn't extend the clock, so you shouldn't wait until there is 5 minutes left in the 24hr period to place an entry

C) how many confirms until official?



A) If someone bets less then minimum - their get 99% of their bet back, if I would sent entire amount back, someone could attack the game sending many 0.01 btc transactions and all server's money would be spent on fees. If someone bets more that upper limit then one bet will be placed with maximum value and remaining coins will be sent back.
Bet bounds changes during round, so, when round starting limits lower  and if round goes for a while bounds usually being raised.
full member
Activity: 191
Merit: 100
legendary
Activity: 1137
Merit: 1001
suggestion for jackpot rounds:

Bounty to end the current round, say 10 BTC (50% to owner, 50% to pool). If the jackpot gets close/over 10, there would be an incentive for the last guy to pay the bounty and win the jackpot.
legendary
Activity: 1137
Merit: 1001
Sorry, but I can't find my answers in the threads..

A) If someone bets less than the minimum (0.30) or more than the maximum (1.2), they can still 'play' and get the 10%, but they are not eligible for the jackpot, nor does it move the countdown timer another 24hrs?

B) an 'unconfirmed entry' doesn't extend the clock, so you shouldn't wait until there is 5 minutes left in the 24hr period to place an entry

C) how many confirms until official?

full member
Activity: 224
Merit: 100
looks like round4 is gonna end lol i needed 2 more bets to get a pay out lol probly.
Dude, every time someone makes a bet the time is extended to 24 hours remaining. If you only need 2 more bets, there's no way you're going to miss out, I wouldn't be surprised if people entering now eventually got paid out.

Yea true i should get paid out but you notice how long it takes to pay people now its getting very hard when the game is this long to get paid.

...well, yeah, that is generally how pyramid games work.
sr. member
Activity: 476
Merit: 250
Power to the people!
looks like round4 is gonna end lol i needed 2 more bets to get a pay out lol probly.
Dude, every time someone makes a bet the time is extended to 24 hours remaining. If you only need 2 more bets, there's no way you're going to miss out, I wouldn't be surprised if people entering now eventually got paid out.

Yea true i should get paid out but you notice how long it takes to pay people now its getting very hard when the game is this long to get paid.
full member
Activity: 224
Merit: 100
looks like round4 is gonna end lol i needed 2 more bets to get a pay out lol probly.
Dude, every time someone makes a bet the time is extended to 24 hours remaining. If you only need 2 more bets, there's no way you're going to miss out, I wouldn't be surprised if people entering now eventually got paid out.
sr. member
Activity: 476
Merit: 250
Power to the people!
looks like round4 is gonna end lol i needed 2 more bets to get a pay out lol probly.
member
Activity: 108
Merit: 10
Dropping in just to say that I like the new rules.

With BTC prices going as they are, bitcatch is slightly more profitable than playing the market. Tongue
full member
Activity: 224
Merit: 100
Just posting so I'm notified on new replies.
sr. member
Activity: 328
Merit: 250
O, okay. bit of a random element (: I like it. Thanks for the quick reply
xyu
full member
Activity: 182
Merit: 100
After the first confirmation, the list of unconfirmed entries got shuffled.  For example, my two entries with 14gHHdZo1z2wmEfRLjxmTCsEqoDQQQFW86 were back to back, and right when the 1st confirmation hit, the entire list got shuffled resulting in one being knocked back almost to the end.  Is this supposed to happen?

Yep, because when transaction first appeared in bitcoind (with zero confirmation) time of transaction is the time when it appeared, but I couldn't rely on that information, transaction may appear and receive its first confirmation only in next hour, so I must rely on time when transaction appeared in the first block (and bitcoind did the same) and because one block contains multiple transactions they all have the same time
Pages:
Jump to: