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Topic: OddEvenBets.com - Winning 198%, House edge 1%, Provably fair - page 25. (Read 40222 times)

full member
Activity: 1022
Merit: 100
Welcome to my game! Smiley
full member
Activity: 1022
Merit: 100
I will increase max bet soon!
What max bet you prefer?

Better calculate max bet from max bankroll, use the Kelly factor:

http://www.albionresearch.com/kelly/

And choose a valor between 0.5 and 2 Kelly.

I'm giving a big help here if you didn't already thought about this, you HAVE TO have some strategy of bankroll management, Kelly is the best and most common technique

Thanks a lot!

But I don't know how fill all fields on calculator.

example:
Gambling Bankroll: $250
Odds offered: ??
Your estimate of your
Probability of Winning: 50%
Bets must be multiples of: $1 ??
The minimum bet allowed is: $2
newbie
Activity: 28
Merit: 0
And what will you minimum bet?
legendary
Activity: 1680
Merit: 1205
I will increase max bet soon!
What max bet you prefer?

Better calculate max bet from max bankroll, use the Kelly factor:

http://www.albionresearch.com/kelly/

And choose a valor between 0.5 and 2 Kelly.

I'm giving a big help here if you didn't already thought about this, you HAVE TO have some strategy of bankroll management, Kelly is the best and most common technique
full member
Activity: 1022
Merit: 100
I will increase max bet soon!
What max bet you prefer?
legendary
Activity: 3808
Merit: 1723
The reason why I suggested him to use Bitcoin Cash instead of Ethereum is for a few reasons. One of them being the ease of transitions.

Ethereum is very different to Bitcoin. And I don't know if he bought this site scripts or if he coded if from scratch. If its the former then he will have issues adding Ethereum as a currency.

Bitcoin Cash is easier because its basically exactly like bitcoin with 1 or 2 small changes like the SigOP for reply protection and a different daemon. And many people already own Bitcoin Cash so it wouldn't cause an annoyance where they have to go to an exchange first and purchase the currency.

I agree that's true.

I looking parthner/investor for increasing bankroll and max bet, also for run big promotion.
Profit 70/30, will pay every month.
We can use escrow for bankroll (big winning will be pay escrow trusted member manually)

If you interested, welcome https://bitcointalksearch.org/topic/looking-parthnerinvestor-2115158

How do I know which profits were actually made etc.?
If I was somehow proven fairness for my investment, and if I was the one actually holding it  Cheesy
I could probably withdraw 0.5BTC from Crypto-Games and invest it here.

Actually with most new dice sites it would be tough to see if the admin in anyway revealed his seed and cheated somehow to make it look like a loss. However since this website is transparent you don't have to worry about that because you can even manually just by looking verify all the bets.
full member
Activity: 1022
Merit: 100

I looking parthner/investor for increasing bankroll and max bet, also for run big promotion.
Profit 70/30, will pay every month.
We can use escrow for bankroll (big winning will be pay escrow trusted member manually)

If you interested, welcome https://bitcointalksearch.org/topic/looking-parthnerinvestor-2115158

How do I know which profits were actually made etc.?
If I was somehow proven fairness for my investment, and if I was the one actually holding it  Cheesy
I could probably withdraw 0.5BTC from Crypto-Games and invest it here.

It's easy, you can check all bets for month manually. I use 2 address wallet only, all bets transparent. (count all made bets, winnings)
Actually profit = all bets - winning
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
The reason why I suggested him to use Bitcoin Cash instead of Ethereum is for a few reasons. One of them being the ease of transitions.

Ethereum is very different to Bitcoin. And I don't know if he bought this site scripts or if he coded if from scratch. If its the former then he will have issues adding Ethereum as a currency.

Bitcoin Cash is easier because its basically exactly like bitcoin with 1 or 2 small changes like the SigOP for reply protection and a different daemon. And many people already own Bitcoin Cash so it wouldn't cause an annoyance where they have to go to an exchange first and purchase the currency.

I agree that's true.

I looking parthner/investor for increasing bankroll and max bet, also for run big promotion.
Profit 70/30, will pay every month.
We can use escrow for bankroll (big winning will be pay escrow trusted member manually)

If you interested, welcome https://bitcointalksearch.org/topic/looking-parthnerinvestor-2115158

How do I know which profits were actually made etc.?
If I was somehow proven fairness for my investment, and if I was the one actually holding it  Cheesy
I could probably withdraw 0.5BTC from Crypto-Games and invest it here.
legendary
Activity: 3808
Merit: 1723
Updated design!
Check it Smiley



Wow, the website is really improving and growing since it's beginning!

New design is nice looking.
You need add Bitcoin CASH (BTH), it will be better than Ethereum.

Who use ETH for gambling? No one Grin (I think 5% of all players)

And who use Bitcoin Cash for gambling? Do you think the number of bitcoincash gambler is higher than eth gambler? You should make a research.
Look at the fact that many big sites does not even support this coin, eth is still better than bitcoincash even though the price is under bitcoincash.

Definitely

Ethereum has almost a billion $ market cap
BCC is at 0.5 billion, but you have to consider that a lot more coins in BCC are left unclaimed and the actual supply is much lower and therefore the market cap too

The reason why I suggested him to use Bitcoin Cash instead of Ethereum is for a few reasons. One of them being the ease of transitions.

Ethereum is very different to Bitcoin. And I don't know if he bought this site scripts or if he coded if from scratch. If its the former then he will have issues adding Ethereum as a currency.

Bitcoin Cash is easier because its basically exactly like bitcoin with 1 or 2 small changes like the SigOP for reply protection and a different daemon. And many people already own Bitcoin Cash so it wouldn't cause an annoyance where they have to go to an exchange first and purchase the currency.
full member
Activity: 1022
Merit: 100
I looking parthner/investor for increasing bankroll and max bet, also for run big promotion.
Profit 70/30, will pay every month.
We can use escrow for bankroll (big winning will be pay escrow trusted member manually)

If you interested, welcome https://bitcointalksearch.org/topic/looking-parthnerinvestor-2115158
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Updated design!
Check it Smiley



Wow, the website is really improving and growing since it's beginning!

New design is nice looking.
You need add Bitcoin CASH (BTH), it will be better than Ethereum.

Who use ETH for gambling? No one Grin (I think 5% of all players)

And who use Bitcoin Cash for gambling? Do you think the number of bitcoincash gambler is higher than eth gambler? You should make a research.
Look at the fact that many big sites does not even support this coin, eth is still better than bitcoincash even though the price is under bitcoincash.

Definitely

Ethereum has almost a billion $ market cap
BCC is at 0.5 billion, but you have to consider that a lot more coins in BCC are left unclaimed and the actual supply is much lower and therefore the market cap too
legendary
Activity: 3500
Merit: 1354
New design is nice looking.
You need add Bitcoin CASH (BTH), it will be better than Ethereum.

Who use ETH for gambling? No one Grin (I think 5% of all players)

And who use Bitcoin Cash for gambling? Do you think the number of bitcoincash gambler is higher than eth gambler? You should make a research.
Look at the fact that many big sites does not even support this coin, eth is still better than bitcoincash even though the price is under bitcoincash.
sr. member
Activity: 1330
Merit: 258
New design is nice looking.
You need add Bitcoin CASH (BTH), it will be better than Ethereum.

Who use ETH for gambling? No one Grin (I think 5% of all players)
full member
Activity: 1022
Merit: 100
Looks nice! please correct the redirection, when i click on oddevenbets image/icon/link i'm redirected to (http://oddevenbets.com/index.html), which shows the error 404 not found!

I corrected redirection.
Thanks.
legendary
Activity: 1400
Merit: 1009
Looks nice! please correct the redirection, when i click on oddevenbets image/icon/link i'm redirected to (http://oddevenbets.com/index.html), which shows the error 404 not found!
full member
Activity: 1022
Merit: 100
Updated design!
Check it Smiley

legendary
Activity: 1834
Merit: 1008
Your bankroll is way too small...i won't absolutely trust you (and nobody should) without some sort of collateral in escrow, but have you considered permitting the users to invest? I think you can also do it on-chain, without accounts (it would be the first example as far as I know)

What do you expect from new site? Every new site always start with low bankroll, this is for sure. What they really need to do is maintain the player there so they can improve their bankroll and their site for sure. But with this kind of game, are you sure they have big whale? I never expect big whale playing this kind of game, but we never know what it will be in the future
legendary
Activity: 3808
Merit: 1723
Your bankroll is way too small...i won't absolutely trust you (and nobody should) without some sort of collateral in escrow, but have you considered permitting the users to invest? I think you can also do it on-chain, without accounts (it would be the first example as far as I know)

I have small bankroll now, but game can pay 15-20 winnings at row on MAX bet.

Idea with investors is good, how can realise it? (I can make accept deposits and will pay profits every month)

This is why you should try running this on the ETHEREUM chain as a smart contract. And design the contract to check the available bankroll and reject any bets where winnings couldn't be paid. It would be very simple to do and it would provide clarity and security for everyone that gambles with your service.

Right now the BTC chain has crazy 400 Sats/byte fees, nobody will be gambling because that alone means almost $10 on fees alone both ways. Not smart.
legendary
Activity: 1680
Merit: 1205
Your bankroll is way too small...i won't absolutely trust you (and nobody should) without some sort of collateral in escrow, but have you considered permitting the users to invest? I think you can also do it on-chain, without accounts (it would be the first example as far as I know)

I think it is better that they cliam they only have low bankroll instead they claim that they have huge bankroll. It is on chain game already, isn't it? As I can see you do not need to have an account here, you only need to send your money yhen you will get your profit directly after confirmation(s).

I meaned on-chain investment for the bankroll. You could set an address to deposit, and another address to withdraw (like if u deposit any sum in that address with the same address u used for deposit, you withdraw your investment)
legendary
Activity: 3066
Merit: 1312
Your bankroll is way too small...i won't absolutely trust you (and nobody should) without some sort of collateral in escrow, but have you considered permitting the users to invest? I think you can also do it on-chain, without accounts (it would be the first example as far as I know)

I think it is better that they cliam they only have low bankroll instead they claim that they have huge bankroll. It is on chain game already, isn't it? As I can see you do not need to have an account here, you only need to send your money yhen you will get your profit directly after confirmation(s).
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