➫ ➬ ➫ ➬ LUCKYB.IT ★ +2M bets ★ +100,000 BTC wagered - page 279.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: Sonny on January 27, 2014, 02:50:52 PM

Quote from: Kyraishi on January 27, 2014, 12:55:59 PM

Bet 0.0005 on green 0.4x : 0.0002 fees 0.0002return.
= 0x.
Btw a're you asking this Srsly ?

how can u call this 0.4x ?
0.0005 bet is 70% free money for the owner and 0 risk.

Why 0.0002 fee?
Isn't the bettor receive 0.0001 in this case?

Yep, that's right. Fee is 0.0001 and the bettor would get 0.0001. We thought that such small bets of 0.0005 were nice for newcommers to try the game first time to "see if it works". But obviously you cannot earn much by playing such tiny amounts repeatedly.

Sonny

hero member

Activity: 868

Merit: 1000

Quote from: Kyraishi on January 27, 2014, 12:55:59 PM

Bet 0.0005 on green 0.4x : 0.0002 fees 0.0002return.
= 0x.
Btw a're you asking this Srsly ?

how can u call this 0.4x ?
0.0005 bet is 70% free money for the owner and 0 risk.

Why 0.0002 fee?
Isn't the bettor receive 0.0001 in this case?

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

Quote from: Kyraishi on January 27, 2014, 12:16:57 PM

Srsly I think you should make the min bet to 0.01
Or warn them by a clear text bet under 0.01 is not efficient.
do it only for testing.

We had 0.001 min bet everywhere before, and considered setting it even higher, but people
complained a lot that you can't make small bets in that case. In the end we resorted to
allow the smallest bets possible to allow people to chose freely.

A warning under the min amount is a good idea though. We try to incorporate it into the
next update!

BlueMonkey

full member

Activity: 196

Merit: 100

Need any help ? Just PM me

Quote from: Kyraishi on January 27, 2014, 12:55:59 PM

Bet 0.0005 on green 0.4x : 0.0002 fees 0.0002return.
= 0x.
Btw a're you asking this Srsly ?

how can u call this 0.4x ?
0.0005 bet is 70% free money for the owner and 0 risk.

Lol. For me the min bet to get profit are 0.002 BTC.

Kyraishi

hero member

Activity: 952

Merit: 513

Bet 0.0005 on green 0.4x : 0.0002 fees 0.0002return.
= 0x.
Btw a're you asking this Srsly ?

how can u call this 0.4x ?
0.0005 bet is 70% free money for the owner and 0 risk.

BlueMonkey

full member

Activity: 196

Merit: 100

Need any help ? Just PM me

Quote from: Kyraishi on January 27, 2014, 12:16:57 PM

Srsly I think you should make the min bet to 0.01
Or warn them by a clear text bet under 0.01 is not efficient.
do it only for testing.

Reason ?

Kyraishi

hero member

Activity: 952

Merit: 513

Srsly I think you should make the min bet to 0.01
Or warn them by a clear text bet under 0.01 is not efficient.
do it only for testing.

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

Everyone, listen up!

The new LuckyBit promo (for one week):

Collector USB miners lottery

Win a collector ASIC miner by playing LuckyBit!

http://luckyb.it

You can now win a laser-engraved collector’s ASICminer Blockerupter USB miner by playing LuckyBit.

This edition has been engraved with the LuckyBit logo. We only engraved very few of them, so this is definitely a rare item.
They are new, functional, and will be delivered in original plastic boxes.

In this lottery, we are giving away a total prize money of 1.0 BTC!

>>> Go here for the full rules <<<

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

Quote from: BlueMonkey on January 27, 2014, 06:44:43 AM

What you mean ? Example, bet 0.001 Btc = miner fee 0.0001 BTC for sending and accept so we pay 0.0002 BTC fee min

True. I think I misunderstood you - did you mean that the fee is high relatively to the bet amount? In that case, you are right. What I meant: it does not matter if you play 1.0 or 0.001 Bitcoins, fees will always be at that level.

BlueMonkey

full member

Activity: 196

Merit: 100

Need any help ? Just PM me

Quote from: LuckyBitSupport on January 27, 2014, 06:07:50 AM

Quote from: BlueMonkey on January 27, 2014, 06:02:34 AM

Quote from: LuckyBitSupport on January 27, 2014, 05:59:52 AM

Quote from: Kyraishi on January 27, 2014, 05:17:12 AM

luckybit the games when you lose, you lose to casino and then you lose to miners lol. losing 0.01 to luckybit = another 0.01 for miners.

Fortunately, fees are not quite that high. You pay typically 0.0001-0.0003 for every transaction, and you can put multiple bets in one transaction.

It will be high if play less than 0.001 BTC

No, not really. If you play 0.01 or higher, you have a chance to play without fees - but even then it's not for sure.

Everything else should be multiples of 0.0001 in fee, depending on transaction complexity. It's a bit complicated (see here https://en.bitcoin.it/wiki/Transaction_fees ), but effectively you pay rarely more than 0.0001-0.0003 bitcoins in fees per transaction.

What you mean ? Example, bet 0.001 Btc = miner fee 0.0001 BTC for sending and accept so we pay 0.0002 BTC fee min

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

Quote from: Kyraishi on January 27, 2014, 06:07:06 AM

Unless You don't have brain sending multiple bets in a tx is a 100%losing strategy.
what idiot do this?

The bets in a transaction are independent of each other. For example, if you are playing two bets in one transaction, it is possible that one wins while the other one loses.

You can even play multiple games in one transaction! (for example red and yellow, or all three of them)

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

Quote from: BlueMonkey on January 27, 2014, 06:02:34 AM

Quote from: LuckyBitSupport on January 27, 2014, 05:59:52 AM

Quote from: Kyraishi on January 27, 2014, 05:17:12 AM

luckybit the games when you lose, you lose to casino and then you lose to miners lol. losing 0.01 to luckybit = another 0.01 for miners.

Fortunately, fees are not quite that high. You pay typically 0.0001-0.0003 for every transaction, and you can put multiple bets in one transaction.

It will be high if play less than 0.001 BTC

No, not really. If you play 0.01 or higher, you have a chance to play without fees - but even then it's not for sure.

Everything else should be multiples of 0.0001 in fee, depending on transaction complexity. It's a bit complicated (see here https://en.bitcoin.it/wiki/Transaction_fees ), but effectively you pay rarely more than 0.0001-0.0003 bitcoins in fees per transaction.

Kyraishi

hero member

Activity: 952

Merit: 513

Unless You don't have brain sending multiple bets in a tx is a 100%losing strategy.
what idiot do this?

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

Quote from: Stunna on January 27, 2014, 04:24:30 AM

Quote from: LuckyBitSupport on January 27, 2014, 04:08:53 AM

LuckyBit red has made it yesterday night into the list of the 100 most popular Bitcoin addresses:

https://blockchain.info/popular-addresses Cool

Thanks to everyone for participating!

With LuckyBit Green already there, we're missing only LuckyBit Yellow.

Awesome, congrats on all the success! I've had a chance to play a few times and had quite a bit of fun. Wink

Thanks for the kind words, Stunna! Love your site's interface - sooo clean.

BlueMonkey

full member

Activity: 196

Merit: 100

Need any help ? Just PM me

Quote from: LuckyBitSupport on January 27, 2014, 05:59:52 AM

Quote from: Kyraishi on January 27, 2014, 05:17:12 AM

luckybit the games when you lose, you lose to casino and then you lose to miners lol. losing 0.01 to luckybit = another 0.01 for miners.

Fortunately, fees are not quite that high. You pay typically 0.0001-0.0003 for every transaction, and you can put multiple bets in one transaction.

It will be high if play less than 0.001 BTC

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

Quote from: Kyraishi on January 27, 2014, 05:17:12 AM

luckybit the games when you lose, you lose to casino and then you lose to miners lol. losing 0.01 to luckybit = another 0.01 for miners.

Fortunately, fees are not quite that high. You pay typically 0.0001-0.0003 for every transaction, and you can put multiple bets in one transaction.

Kyraishi

hero member

Activity: 952

Merit: 513

luckybit the games when you lose, you lose to casino and then you lose to miners lol. losing 0.01 to luckybit = another 0.01 for miners.

snuffish

sr. member

Activity: 259

Merit: 250

They should be more informative on the site.. I lost 0.01 BTC because I sent it from BTC-e.com and didn't know that you need a wallet to make this work.
I read about that later in the "top left" of the site.. I didn't see it at first.

Stunna

legendary

Activity: 3192

Merit: 1279

Primedice.com, Stake.com

Quote from: LuckyBitSupport on January 27, 2014, 04:08:53 AM

LuckyBit red has made it yesterday night into the list of the 100 most popular Bitcoin addresses:

https://blockchain.info/popular-addresses Cool

Thanks to everyone for participating!

With LuckyBit Green already there, we're missing only LuckyBit Yellow.

Awesome, congrats on all the success! I've had a chance to play a few times and had quite a bit of fun. Wink

LuckyBitSupport

hero member

Activity: 706

Merit: 519

Official LuckyBit Support

LuckyBit red has made it yesterday night into the list of the 100 most popular Bitcoin addresses:

https://blockchain.info/popular-addresses Cool

Thanks to everyone for participating!

With LuckyBit Green already there, we're missing only LuckyBit Yellow.

Topic: ➫ ➬ ➫ ➬ LUCKYB.IT ★ +2M bets ★ +100,000 BTC wagered - page 279. (Read 414938 times)