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Topic: Peerbet.org - Play without house edge! - page 26. (Read 106648 times)

sr. member
Activity: 336
Merit: 250
December 10, 2012, 12:00:01 PM
#50
Is peerbet provably discreet as well?

8P
sr. member
Activity: 336
Merit: 250
December 10, 2012, 11:56:55 AM
#48
I think this is the only place in the world with a zero-sum lottery of $13,000+ dollars.
legendary
Activity: 1582
Merit: 1002
December 10, 2012, 11:47:47 AM
#47
I have an idea. Create a page, that is red on the right side, and black on the left side.
Each is determined from the outcome of the blocks.

Played live. And bets can be in any order, such as there may be 50 people betting 1 bitcoin on red
and 1 person betting one bitcoin on black.

Bets are made by division.

So if red has 50 Bitcoins, (50 different people)
and black has 1 bitcoin.   (A single person)

When black hits. Black wins 1 bitcoin + (50/50), And every person loses (1/50th, and now has 0.98 BTC each) This brings black up to 2 BTC.
When red hits. Red wins 1 bitcoin, distributed among the 50 people, everyone getting 1.02 BTC.
Very interesting idea! I will definitely implement it.

Perhaps for raffles you can take a 1% cut off that, to generate a little revenue.
The philosophy of Peerbet is to make ALL games truly zero-sum.

This is what I want
...
(about zero-sum roulette and blackjack)
Peerbet is a P2P gaming platform! I have no plans to offer games against the house. Instead I am thinking about offering Texas Holdem, but it will take some time to implement.

Can you show pending deposits in the History list? It's kinda annoying to not know what's happening.
Funds are credited instantly after 1 confirmation (notification being received via Bitcoinmonitor.net). You can enter the address into Blockchain.info and see it's status.

it would be awesome to see a live chat feed! This is too much fun.
Agree, will implement.

That would change the expected return due to transaction fees.
Would make the "Play without house edge!" kinda unreal, not that the house keeps the edge, but the miners.
I am paying transaction fees, so it is 100% free for you. Therefore there are accounts and withdrawals are being sent once a day in a bunch.

P.S. First big cash-out made worth of 4 BTC!
http://blockchain.info/tx-index/36080025/4817159c077b0784df811b61a8d12300a12dbce139e5e24ce0cf5d3a7e08bbb8
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 07:22:51 AM
#46
Btw, we're going offtopic, talking about horses and.

You just ended your sentence abruptly, perhaps a horse got angry, and kicked you in the face
for saying that, and you couldn't finish your sentence  Cheesy

Btw you started the horse thing first  Smiley


donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 07:05:43 AM
#45
Well you were implying if you deposit more BTC, you will get raped.
Wait you didn't clarify your terms. That means by definition,
if you deposit BTC in Anything you will in fact be raped by a horse!
That is if God exists, then your promise will be held in hell
where you will be raped by horses for all of eternity.  Smiley

Besides worst comes to worst, throw 5 BTC on 79%
Satoshidice, if you win, you got your 1 BTC back xD
sr. member
Activity: 336
Merit: 250
December 10, 2012, 06:47:43 AM
#44
horses don't do that to people just other horses
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 05:55:10 AM
#43
Basically one side of the site would operate similar to satoshidice, after it reached 2/2 it would send back
to its players, and for the customizing part you would create an account, and make your own games
with the stats.

I am just suggesting things that would increase popularity.

That would change the expected return due to transaction fees.
Would make the "Play without house edge!" kinda unreal, not that the house keeps the edge, but the miners.

True in a way, but do note, when you make an account you have to send BTC to your account.
And that alone costs 0.0005 BTC. Then it has to send back to you.

So there is still transaction fee. You can't ever have true 0%.

But its like 99.99% Pay-back. And I would have to say that's
the best in the world  Smiley Or one of, if there is any better  Smiley
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 05:53:43 AM
#42
I think I see now. But what would happen if two people send to the same address?

Also, optional email notifications would be a nice feature in the future, especially for big lotteries (like the ones I just made...).

Well the same thing would happen as Satoshidice. Satoshidice address is the same always.
And receives multiples of bets from different people.

It should be able to pick the winner, and return to the winner between the two people.
Else Satoshidice wouldn't work?
legendary
Activity: 952
Merit: 1000
December 10, 2012, 05:52:48 AM
#41
Basically one side of the site would operate similar to satoshidice, after it reached 2/2 it would send back
to its players, and for the customizing part you would create an account, and make your own games
with the stats.

I am just suggesting things that would increase popularity.

That would change the expected return due to transaction fees.
Would make the "Play without house edge!" kinda unreal, not that the house keeps the edge, but the miners.
sr. member
Activity: 336
Merit: 250
December 10, 2012, 05:51:07 AM
#40
I think I see now. But what would happen if two people send to the same address?

Also, optional email notifications would be a nice feature in the future, especially for big lotteries (like the ones I just made...).
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 05:48:11 AM
#39
Basically one side of the site would operate similar to satoshidice, after it reached 2/2 it would send back
to its players, and for the customizing part you would create an account, and make your own games
with the stats.

I am just suggesting things that would increase popularity.
legendary
Activity: 952
Merit: 1000
December 10, 2012, 05:47:55 AM
#38
Just credited my account with 1 BTC.
Let's see how this goes  Grin
Aaaaand it's gone.

Spent total: 5.0609596 BTC
Won total: 4.0609596 BTC
Net profit: -1. BTC

donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 05:46:13 AM
#37
hmm, I disagree. I think having an account is a big hook. The stats tracking is really nice, and it makes depositing more straightforward. I feel like I'd have to read your idea more than once to understand, and maybe others would too. IMHO.

Not what I am saying Honest bob, I am implying that you can make an account, or opt not to.
Your offer two choices. There is a game that make account making unnecessary.
And some there is, as of customizing.

I am just offering two choices, and I think to some players they would prefer this.
Some would want an account and some wouldn't

----------------------------------------------------------------

Set amount addresses:

Bob sends 1 BTC to set-address. Its queued 1/2 for spots.
Tom now can send to this address, any amount from 0.01> no greater then 1 BTC.
So first player odds will always reside at 50% and no less.
If I send 0.01 BTC I take a small chance of getting Bob's 1 BTC.

Non set amount addresses:

Tom sends 1 BTC to Non set-address. Its queued 1/2 for spots.
Dave sends 10 BTC to Non set-address. Its now 2/2 spot.
And Dave takes a 9/10 of getting Tom 1 BTC.

These limit at 10 BTC, and same for above.
For non set amount, the first player money
can be staked for less then 50%,
and for first option, it will be forced at 50% or greater.
sr. member
Activity: 336
Merit: 250
December 10, 2012, 05:43:59 AM
#36
Sorry Carlos, looks like you're out of luck Tongue
sr. member
Activity: 336
Merit: 250
December 10, 2012, 05:42:58 AM
#35
Make it deposit-able, without creating accounts.

So I send 1 BTC to this address, it immediately queues for 1/2 for another player.
Make about 10 bet addresses, and have this on the front page.
Some players will see the 1/2 thing, and send there Bitcoin's there.

Make it that for some addresses its a set amount you can send.
And some it isn't. So one address a person may have 1 BTC in it.
And the limit to send is up to 10 BTC.

If I send 10 BTC, I take a 9/10 of winning 11 BTC and a 1/10 of him winning 10 BTC.
Etc etc etc.

This would further more increase your site popularity, and decrease or make the need
for making accounts unnecessary.


hmm, I disagree. I think having an account is a big hook. The stats tracking is really nice, and it makes depositing more straightforward. I feel like I'd have to read your idea more than once to understand, and maybe others would too. IMHO.
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 05:40:33 AM
#34
Make it deposit-able, without creating accounts.

So I send 1 BTC to this address, it immediately queues for 1/2 for another player.
Make about 10 bet addresses, and have this on the front page.
Some players will see the 1/2 thing, and send there Bitcoin's there.

Make it that for some addresses its a set amount you can send.
And some it isn't. So one address a person may have 1 BTC in it.
And the limit to send is up to 10 BTC.

If I send 10 BTC, I take a 9/10 of winning 11 BTC and a 1/10 of him winning 10 BTC.
Etc etc etc.

This would further more increase your site popularity, and decrease or make the need
for making accounts unnecessary.

----------------------------------------

Set amount addresses:

Bob sends 1 BTC to set-address. Its queued 1/2 for spots.
Tom now can send to this address, any amount from 0.01> no greater then 1 BTC.
So first player odds will always reside at 50% and no less.
If I send 0.01 BTC I take a small chance of getting Bob's 1 BTC.

Non set amount addresses:

Tom sends 1 BTC to Non set-address. Its queued 1/2 for spots.
Dave sends 10 BTC to Non set-address. Its now 2/2 spot.
And Dave takes a 9/10 of getting Tom 1 BTC.

These limit at 10 BTC, and same for above.
For non set amount, the first player money
can be staked for less then 50%,
and for first option, it will be forced at 50% or greater.



donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 05:33:42 AM
#33
Yep it's me Smiley Not exactly pennies anymore is it?
1 BTC deposit, I was at 1.40 BTC (.4 profit) and now I'm at 0 waiting for 2 bets.
If I win I get 2.46 BTC, if not, I'll make a promise to all gods and the universe that if I deposit more BTC I'll be raped by a horse.

 Shocked

Maybe your luck will run as good as mine xD
I originally taken out 26.5 BTC for a 7970 card,

And now I have bought a 7970, 5970 and pci express extenders.
And somehow I have got 56.4 BTC  Smiley

(Satoshidice)

Some were betting 0.01 at less than 256, and earning 2.56 BTC xD
Some insane luck here  Smiley
sr. member
Activity: 336
Merit: 250
December 10, 2012, 05:25:33 AM
#32
I'm about to win it all back too, though.
sr. member
Activity: 336
Merit: 250
December 10, 2012, 05:22:11 AM
#31
With about 10 people online, this would insane.
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