On BitcoinBetting.website someone converted 0.0998 BTC to 1.5968 BTC!

Jimmy Wales

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Activity: 144

Merit: 17

Quote from: audaciousbeing on November 21, 2016, 12:36:55 PM

And I want to believe that the person you are referring to is yourself but what I would ask is to what end? To show us you can win? to show us we can also win on that site thereby promoting the site?

Nopes. I'm NOT the winner. I'm kinda excited about this 0% house edge thing and closely tracking progress of the site. So, if there is a BIG winning there, I let the community know.

Quote from: audaciousbeing on November 21, 2016, 12:36:55 PM

I will go for the latter but how will the site makes its own income if its having 0% house edge? or the site is just meant winning? Please satisfy my curiosity.

House edge is merely a probabilistic figure. It is NOT site commission. 0% house edge means both u & house has equal winning probability in the long run. But, as bankroll of the house is in general bigger than an individual player, they manage to keep the bank rolling in the long run and hence make profit. Hopefully, I've been able to satisfy your curiosity.

dollarbill$44

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Nice!!!

LFC_Bitcoin

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Very nice win detailed in the OP, I've seen a lot bigger before though. Still, congrats to whoever pulled in the big win Grin

Blitzboy

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16x times on winning. This guy must be very very lucky. Imagine if he put about 1 bitcoin there, he will collect 16 bitcoin after guessing correct last digit of last digit of the block hash that includes his transaction. Congrats, whoever you are. i think would try this site

it seems legit to me

audaciousbeing

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Activity: 1330

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And I want to believe that the person you are referring to is yourself but what I would ask is to what end? To show us you can win? to show us we can also win on that site thereby promoting the site? I will go for the latter but how will the site makes its own income if its having 0% house edge? or the site is just meant winning? Please satisfy my curiosity.

RocketSingh

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Activity: 1662

Merit: 1050

Quote from: NorrisK on November 18, 2016, 06:37:45 AM

It is nice to see a win like this but most likely there have also been a lot of losing bets before and after that one.

True. And there were as I explained to another guy thinking this win as sheer luck...

Quote from: RocketSingh on November 07, 2016, 01:39:56 PM

One can increase his winning chance by doing a trade off with expected payout and it seems this winner actually did that. U think that this guy has won huge amount with 6.25%, is because u r looking at only one bet. But, if u look at the whole board, it seems like from 681 to 692, all bets are his. So, in reality, he played with 6.25*(692-680) = 75% winning chance.

All u need to do is place multiple bets on multiple options.

Quote from: NorrisK on November 18, 2016, 06:37:45 AM

Don't get too hyped when you see wins like this, it is not likely to happen to you.

True again. That's why I said the following...

Quote from: RocketSingh on November 08, 2016, 06:35:13 PM

Control is another name of Gamble. Wink

NorrisK

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It is nice to see a win like this but most likely there have also been a lot of losing bets before and after that one.

Don't get too hyped when you see wins like this, it is not likely to happen to you.

RocketSingh

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Activity: 1662

Merit: 1050

Quote from: acroman08 on November 17, 2016, 06:15:00 AM

That's a pretty nice win. But, would really need a huge bankroll to increase win chance.
I wonder how many times he placed multiple bets and at what amount before he got that win.

I would certainly like to try but well, I'd really need a big enough bankroll.

Anyway, nice win!

U really dont need a BIG bankroll to win at www.bitcoinbetting.website. Instead, u need a good strategy and disciplined play. In a previous post I explained how this player won 1.5968 BTC...

Quote from: RocketSingh on November 07, 2016, 01:39:56 PM

One can increase his winning chance by doing a trade off with expected payout and it seems this winner actually did that. U think that this guy has won huge amount with 6.25%, is because u r looking at only one bet. But, if u look at the whole board, it seems like from 681 to 692, all bets are his. So, in reality, he played with 6.25*(692-680) = 75% winning chance.

All u need to do is place multiple bets on multiple options.

Golftech

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Well congrats mate for winning that huge amount as others said its really a big luck to win that amount since its just a new game into my knowledge i will try to look for it see if how the game works and if im also lucky like him.

acroman08

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That's a pretty nice win. But, would really need a huge bankroll to increase win chance.
I wonder how many times he placed multiple bets and at what amount before he got that win.

I would certainly like to try but well, I'd really need a big enough bankroll.

Anyway, nice win!

MarbleBoss

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Activity: 169

Merit: 110

Quote from: MafiaCoin on November 09, 2016, 08:30:52 AM

Quote from: MarbleBoss on November 07, 2016, 06:47:07 AM

16x win with 0% house edge is amazing... Roll Eyes

Chance of winnings is 1/16= 6.25%
Need will be lucky for wins!
I will try soon

Chance of winning is what u decide. If u bet on 15 different options in a single block, your chance of winning will be 6.25*15 = 93.75%

Albert Hamilton

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Activity: 128

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Quote from: RealPhotoshoper on November 09, 2016, 06:12:13 AM

I might will try to guess 15 number / character at one transaction , is it possible btw?

According to their FAQ...

Quote

3. Can I generate multiple addresses and send bitcoins to them in a single transaction?

No. Only the amount sent to the first address generated will be considered as bet and all other amounts sent in that transaction will be considered as donation.

So, u can not place bets in one Tx to multiple addresses, but can send multiple Tx to multiple addresses.

MafiaCoin

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Activity: 182

Merit: 100

Quote from: MarbleBoss on November 07, 2016, 06:47:07 AM

16x win with 0% house edge is amazing... Roll Eyes

Chance of winnings is 1/16= 6.25%
Need will be lucky for wins!
I will try soon

dunfida

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Quote from: RocketSingh on November 07, 2016, 01:39:56 PM

Quote from: dunfida on November 07, 2016, 08:03:46 AM

Quote from: clickerz on November 07, 2016, 07:15:26 AM

He is very lucky and congratulations to him. All of us just dream that we will be lucky also but never manifested Cheesy

or if it did, just only a small amount. Sometime we just want to win big by betting low lol

We are always aiming that thing which we bet low and win high which is impossible in any cost , if possible you would really need 1000% luck in able to win it. Regarding on that man who won huge amount i could really say that hes too lucky to convert his 0.09 to 1.5 btc. I could say bitcoinbetting site is good but the chances of winning is only 6.25% just as expected payouts would really high.

One can increase his winning chance by doing a trade off with expected payout and it seems this winner actually did that. U think that this guy has won huge amount with 6.25%, is because u r looking at only one bet. But, if u look at the whole board, it seems like from 681 to 692, all bets are his. So, in reality, he played with 6.25*(692-680) = 75% winning chance.

All u need to do is place multiple bets on multiple options.

Im thinking that method too that he probably used it because these would really increase the chance of winning but you would need huge bankroll and also that method do have still risk on lossing all that money. Using that method would do and i saw it that all those betting are belong to him. Thanks for clarifying i didnt see that thing and i assumed only on one bet.

RealPhotoshoper

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Quote from: RocketSingh on November 09, 2016, 05:41:21 AM

Quote from: tabas on November 08, 2016, 08:40:29 PM

It is really an amazing thing to see those people who are winning big amount every time they will gamble. And this 0% house edge by bitcoinbetting.website is making them more popular

It is the only blockchain based provably fair bitcoin gambling game with 0% house edge. It was destined to happen.

Quote from: tabas on November 08, 2016, 08:40:29 PM

and if this type of winning will be continuously happening, it's going to have two result: It's either they will get a lot of gamblers or they will be bankrupt. And I forget, Congrats to you buddy!

One BIG win is compensated by multiple small losses. Look at the board and u'll find why the chance of being bankrupt is negligibly small.

I have tried this game several times , but not yet have a luck ti win Sad

.
I might will try to guess 15 number / character at one transaction , is it possible btw?
I mean i will bet 1, 2 , 3 so on to 15 selection so i will lost 14 bet but get returned 16 times which means i won it right? Will it works?

RocketSingh

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Activity: 1662

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Quote from: tabas on November 08, 2016, 08:40:29 PM

It is really an amazing thing to see those people who are winning big amount every time they will gamble. And this 0% house edge by bitcoinbetting.website is making them more popular

It is the only blockchain based provably fair bitcoin gambling game with 0% house edge. It was destined to happen.

Quote from: tabas on November 08, 2016, 08:40:29 PM

and if this type of winning will be continuously happening, it's going to have two result: It's either they will get a lot of gamblers or they will be bankrupt. And I forget, Congrats to you buddy!

One BIG win is compensated by multiple small losses. Look at the board and u'll find why the chance of being bankrupt is negligibly small.

yolanda222

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Quote from: 20kevin20 on November 07, 2016, 04:12:12 PM

Congratulations to him, but sadly, most of the time you're getting greedy because of the big win and hope for more, which leads to re-depositing the money on the online casino and playing with it again. I've seen people doing that, it happened even to me and it's not a good feeling.

You're not the only one , that happens with me . After i get money and withdraw it i want to get more and leads be a greedy person and i lose my bet instantly that's bad habit and can't be tolerate it.

Hope this guy don't be a greedy person and keep the winnings in his wallet (maybe he can buy something he wants)

tabas

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Quote from: numanoid on November 07, 2016, 06:52:57 AM

Well, another lucky user who won big amount. This guy has more "luck" than a guy who hitted a big amount too back then (but smaller than this winnings), you can see on Here. All i can say just, congrats for him!

It is really an amazing thing to see those people who are winning big amount every time they will gamble. And this 0% house edge by bitcoinbetting.website is making them more popular and if this type of winning will be continuously happening, it's going to have two result: It's either they will get a lot of gamblers or they will be bankrupt. And I forget, Congrats to you buddy!

jossiel

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Quote from: 20kevin20 on November 07, 2016, 04:12:12 PM

Congratulations to him, but sadly, most of the time you're getting greedy because of the big win and hope for more, which leads to re-depositing the money on the online casino and playing with it again. I've seen people doing that, it happened even to me and it's not a good feeling.

That's fine and good to him if he win big amount as he gamble. It depends on how he will make his winnings save and being used.

But I'm pretty sure that he will just manage his earnings properly and have a broad mind he won't make the house edge get again his win.

Anyway, congrats to you Jimmy Wales hoping to see more winnings from you.

RocketSingh

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Quote from: 20kevin20 on November 07, 2016, 04:12:12 PM

Congratulations to him, but sadly, most of the time you're getting greedy because of the big win and hope for more, which leads to re-depositing the money on the online casino and playing with it again. I've seen people doing that, it happened even to me and it's not a good feeling.

Control is another name of Gamble. Wink

Topic: On BitcoinBetting.website someone converted 0.0998 BTC to 1.5968 BTC! (Read 683 times)