Author

Topic: Roobet.com | Crypto’s Fastest Growing Casino 🦘 - page 295. (Read 82919 times)

legendary
Activity: 2557
Merit: 1886
I think the house edge is even worse than speculated.

They basically copied bustabit's (old) dynamic house edge scheme, which was designed to scale a house edge of between 0-1%. The reason bustabit did that, is they had a bonus system that gave out bonuses for cashing out after other people. So the earlier you cashed out, the less house edge and the later you cashed out, the higher house edge (up to a max of 1%).

But roobet removed bustabit's bonus system, and then slapped on a 1-in-20 chance of 1x. So the net result is a house edge that scales between 5% and 6% depending how you play.

We can verify this by simulate playing a million games of flat betting 2x:

Code:
const gamesToPlay = 1000000;
let bankroll = 0;

for (let i = 0; i < gamesToPlay; i++) {
  let n = crashPointFromHash(generateHash(i.toString()));

  if (n >= 2) {
    bankroll++;
  } else {
    bankroll--;
  }
}

I'm using a deterministic hash, so people can reproduce my results. If you flat bet a million times at 2x, you would lose 54800*bet .... which is a house edge of 5.48%.  

If you cash out later (than 2x) you'd expect to see a higher house edge (which will max out at 6%)
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Wagers All Time
1,829,459,406


Is there possible event or perks on 2B milestone? Im quite excited on this one. Smiley
Probably HHampuz will announce the guess the total wager contest with higher prizes like in 1B event Smiley
Maybe another Pragmatic slots giveaway will be announced when it is really closer, another option is to send reward -+10 close to 2B bets.
Being a participant in the Roobet raffles is interesting, easy to get 5000 tickets if you can play the promo slots by Pragmatic.
sr. member
Activity: 1750
Merit: 260
Binance #SWGT and CERTIK Audited
Wagers All Time
1,829,459,406


Is there possible event or perks on 2B milestone? Im quite excited on this one. Smiley
On 1,000,000,000 wagers all time on Roobet, they launched different events that themed it. The highlight probably is the Art contest for it. I'm assuming that they will also hold an art contest when they reached new milestone soon.
Giveaways, etc.
legendary
Activity: 3094
Merit: 1127
Wagers All Time
1,829,459,406


Is there possible event or perks on 2B milestone? Im quite excited on this one. Smiley
legendary
Activity: 2772
Merit: 1028
Duelbits.com
The issue is caused by roobet took bustabit's provably fair scheme, and then added this to their crashPointFromHash code:

Code:
  if (divisible(hash, 20)) {
    return 1;
  }
which causes an extra 1 in 20 games be 1x. The verification code that's being used is unaware of that change, so it's showing what the game results were on bustabit.

It's not exactly cheating, because they never claimed to not have it (i.e. pretend they have a 1% house edge). But it's also disappointing they don't publish the actual house edge anywhere... (and don't even give it when directly asked)

I believe we can all agree, roobet is the worst casino with those kind of house hedge then.


I am checking posts in this topic, they said RTP is 98% on all games, when on crash it's only 95%.
No way, you get better bonuses for your losses since alternative casinos offer the bonuses/reloads based on your wager(not losses). Unless you are printing all day, Roobet can be a top casino for getting a big percent of losses back on the Vip rewards system. Btw, not all casinos have the same house edge. I watched a 10k crash on Roobet in 6 hours while no luck on Stake for 2 days.
P.S: House edge is 3% on dice/mines/towers so probably same on crash.
newbie
Activity: 17
Merit: 0
I believe we can all agree, roobet is the worst casino with those kind of house hedge then.

I disagree.
only crash casino i know with a 5% house edge  Grin

How do you know that? did they told you privately or just you lost multiple times and expressing your anger?

Actual long-term players and VIP players know that the average House EDGE of ROOBET is not more than 2%, and for VIP players it is less than 1.5%.
Do you know that in ROOBET every player has the chance to win a maximum of 15K USD in a single game?
ROOBET took an average of 2% house edge but most of these funds they spend to give bonuses to its loyal players and to organize promotional offers, so long-term players are benefited in various ways.

1 1.00x out of 20 games on crash games is 5% house edge at least, if not more.
1 out of 100 games, is 1% house edge  Smiley

Roobet replied to be, they checked few games and told me they had the same results as their sites, i replied to test the hashs i gave them, anyway it's like RHavar said.
legendary
Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I believe we can all agree, roobet is the worst casino with those kind of house hedge then.

I disagree.
only crash casino i know with a 5% house edge  Grin

How do you know that? did they told you privately or just you lost multiple times and expressing your anger?

Actual long-term players and VIP players know that the average House EDGE of ROOBET is not more than 2%, and for VIP players it is less than 1.5%.
Do you know that in ROOBET every player has the chance to win a maximum of 15K USD in a single game?
ROOBET took an average of 2% house edge but most of these funds they spend to give bonuses to its loyal players and to organize promotional offers, so long-term players are benefited in various ways.
legendary
Activity: 2296
Merit: 2721
Top Crypto Casino
Every exchanges and gambling sites can be hacked. The list of hacked exchanges is long and will be expanded more with more hacked exchanges in next years. Exchanges have hacks can strengthen their security systems and can come back. Months ago, Hotbit exchange was hacked but they came back shortly and works smoothly after that accident.
That's exactly how it was with Bitstamp. If the damage is not too great, hacks can also be a wake-up call for companies to invest more in their system security, or it can also be a warning shot for competitors that they could be next and invest more in security tests etc. accordingly.
So if an exchange/vendor survives a hack financially, it usually means for us as end users that the system is much more secure afterwards and another hack via the same channel will be practically non-existent.
copper member
Activity: 2226
Merit: 1276
Need a Bounty Manager? t.me/shasan32
I just sent them an email, i'm waiting or their reply now, if anyone know what is going on; don't hesitate to post please
As you have sent them an email, I think it will be better to wait until receive a reply from them. You or any other cant go to any decision or say something anti of roobet before getting the answer on this issue. First wait and get response from them then make argument against them if necessary.
newbie
Activity: 17
Merit: 0
I believe we can all agree, roobet is the worst casino with those kind of house hedge then.

I disagree.
only crash casino i know with a 5% house edge  Grin
hero member
Activity: 1344
Merit: 742
The fact that a platform requires KYC has absolutely nothing to do with whether the site can be hacked or whether scams take place there - unfortunately. Just look at the hacks of the exchanges in the last time, without exception all exchanges had required KYC and were hacked anyway. A hacker does not usually create an account beforehand Wink
Every exchanges and gambling sites can be hacked. The list of hacked exchanges is long and will be expanded more with more hacked exchanges in next years. Exchanges have hacks can strengthen their security systems and can come back. Months ago, Hotbit exchange was hacked but they came back shortly and works smoothly after that accident.

Quote
KYC has no advantages for the user in my opinion, quite the opposite. But I understand that KYC is required, especially where there are FIAT interfaces.
You are right. KYC serves mostly for governments and exchanges, not customers.
Why KYC is extremely dangerous – and useless
legendary
Activity: 2828
Merit: 5894
Meh.
I believe we can all agree, roobet is the worst casino with those kind of house hedge then.

I disagree.
newbie
Activity: 17
Merit: 0
The issue is caused by roobet took bustabit's provably fair scheme, and then added this to their crashPointFromHash code:

Code:
  if (divisible(hash, 20)) {
    return 1;
  }
which causes an extra 1 in 20 games be 1x. The verification code that's being used is unaware of that change, so it's showing what the game results were on bustabit.

It's not exactly cheating, because they never claimed to not have it (i.e. pretend they have a 1% house edge). But it's also disappointing they don't publish the actual house edge anywhere... (and don't even give it when directly asked)
Hi thank you for explaining, so 1 in 20 games 1x when in bustabit it is 1 in 101 games? isnt that like 5% house edge? even more than slots..

I believe we can all agree, roobet is the worst casino with those kind of house hedge then.


I am checking posts in this topic, they said RTP is 98% on all games, when on crash it's only 95%.
legendary
Activity: 2557
Merit: 1886
The issue is caused by roobet took bustabit's provably fair scheme, and then added this to their crashPointFromHash code:

Code:
  if (divisible(hash, 20)) {
    return 1;
  }
which causes an extra 1 in 20 games be 1x. The verification code that's being used is unaware of that change, so it's showing what the game results were on bustabit.

It's not exactly cheating, because they never claimed to not have it (i.e. pretend they have a 1% house edge). But it's also disappointing they don't publish the actual house edge anywhere... (and don't even give it when directly asked)
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
-snip-
Of course the idea of roobet will have greater potential in the future, and indeed this is still a cons because some users don't want KYC to exist and turn off some who refuse KYC.
-snip-
I think sooner or later all online casinos will require KYC if they want to have a valid license. Roobet is because of its location probably just one of the first larger casinos, but that will certainly follow many more - if the casinos are not operated without a license, which of course can then bring other problems with it, also for the players. 
The same happened in exchanges, we all know that most exchanges did not ask KYC in the early days but they have to make it mandatory due to regulation since few years back.
Now we are starting to see some casinos asking for KYC as well, and it can be something common in the near future.
Of course it will bring some pro's and con's, but players has their own choice whether to accept it or not.
By now we should start to get used to it since maybe in future almost all casino's either old or new will require this since maybe this is new requirements by the law to the casino to implement this order in future so for now if I where the gambler bettee quit if you can't do some of the requirements they ask. Well yeah player has their own choice but  sin e government are now noticing the gambling crypto scene so expect that they will ask money from the gamblers ans maybe they sill.also regulatethinhs here.
Maybe because the license is also because it is the most important regulation to be implemented, so indeed the government has now taken a role in this, whether we like it or not, we have to do it, about this will definitely happen in all gambling platforms for those who already have a license, therefore the rules must be implemented even though there is a lot of opposition from players because they still want anonymity.
It seems that the current government will pay more attention to the official platform because this is an obligation because they are already located at the big point/.
newbie
Activity: 17
Merit: 0
Strange to see that happened as well (about the result of verifier and the result of bets are different). But i do believe almost no one would spend their time to check every hash after the bet (you are one of those). But Roobet has a great reputation in gambling, i also doubt they are faked the result of game to scam people.
well i spent the time to take a look because i lost with one of those 1x when it should have been a 209x  Cry
legendary
Activity: 2366
Merit: 1130
Strange to see that happened as well (about the result of verifier and the result of bets are different). But i do believe almost no one would spend their time to check every hash after the bet (you are one of those). But Roobet has a great reputation in gambling, i also doubt they are faked the result of game to scam people.
newbie
Activity: 17
Merit: 0
here we go once again :

https://i.imgur.com/vjsBUMx.png

Hash : b3dc3a610c5364a4983d46cc0043a06449f8d44212a8751b8573c5893055d4c6

1.00 1.00 ..

it should have been : 13.04 and 1.00

and of course someone did bet ALOT on this first 1.00 where it should have been a 13.04.

Feels bad to lose all of my money on this casino, i literally took the time to read every reviews to be sure, their kyc stuff made me feel even more secure  Angry


Another 1.00 right after i made my post :

40c09640ccb6e2516fca5a677521244d884af5201ff01f00ab18b1f74a4211ef
should have been 1.67 but they gave it a 1.00


https://i.imgur.com/ERRbs57.png




again

aeaeb25aa01093709d6e686a7abf9da1a1c2371b2ff62cc3c986c69e792095f3 = 1.5 but they crashed it at 1.00 .

https://i.imgur.com/LJn3wpM.png
newbie
Activity: 17
Merit: 0
https://i.imgur.com/1gLOOmX.png

1.00 - 1.79 - 3.21 - 1.69 - 1.48 - 85.59

https://i.imgur.com/2QkkmhB.png

Hash : 6b1ecf567083ee873deff0aa6147be20ffb6df337106b8cfa360612b8853df2e

1.29 - 1.79 - 3.21 - 1.69 - 1.48 - 85.59


Verified this with btcgosu verifier and the hash result shows the crash point at 1.29x

Once again !

https://i.imgur.com/s9OW3ua.png

1.00 - 3.53 - 7.82 - 1.50 - 1.94 ...
Hash : e6b69a4587b6ed05fe1211dfdf216a3cb2b05fcd55e3b832b349dc4322b321a0


https://i.imgur.com/sC9IEJG.png
1.22 - 3.53 - 7.82 - 1.50 - 1.94 ..

The crash point for this hash should be at 1.22x according to btcgosu verifier as well

I won't be coming back until all this stuff is cleared, this isn't how this is supposed to work at all !!

Yeah it isnt, the hash should show the same result as the verifier. I sent a PM to @Rhavar and @Webtricks, both of them are an expert on provably fair mechanism so they should probably know what is happening with this. If two verifier websites show the same result for the specific hash but it was crashing on 1x then its pretty weird though

well, potentially lost 20k $ on this "bug"  Undecided

to me it looks like a scam so far, lets wait for expert.

legendary
Activity: 2562
Merit: 1414
https://i.imgur.com/1gLOOmX.png

1.00 - 1.79 - 3.21 - 1.69 - 1.48 - 85.59

https://i.imgur.com/2QkkmhB.png

Hash : 6b1ecf567083ee873deff0aa6147be20ffb6df337106b8cfa360612b8853df2e

1.29 - 1.79 - 3.21 - 1.69 - 1.48 - 85.59


Verified this with btcgosu verifier and the hash result shows the crash point at 1.29x

Once again !

https://i.imgur.com/s9OW3ua.png

1.00 - 3.53 - 7.82 - 1.50 - 1.94 ...
Hash : e6b69a4587b6ed05fe1211dfdf216a3cb2b05fcd55e3b832b349dc4322b321a0


https://i.imgur.com/sC9IEJG.png
1.22 - 3.53 - 7.82 - 1.50 - 1.94 ..

The crash point for this hash should be at 1.22x according to btcgosu verifier as well

I won't be coming back until all this stuff is cleared, this isn't how this is supposed to work at all !!

Yeah it isnt, the hash should show the same result as the verifier. I sent a PM to @Rhavar and @Webtricks, both of them are an expert on provably fair mechanism so they should probably know what is happening with this. If two verifier websites show the same result for the specific hash but it was crashing on 1x then its pretty weird though
Jump to: