Satoshi Buckets - A game with a winning strategy! 1 BTC GIVEAWAY, 0.3 BTC LEFT. - page 3.

bitshy

newbie

Activity: 42

Merit: 0

Quote from: firefop on June 07, 2013, 01:12:13 PM

You know - you could make a companion game to let others bet on things like when the buckets will fall... what range the winnings will be in... etc.

I'll have to think about this. I have already thought about implementing a companion game where you bet on which bucket is going to fall. If you get it right, you get some of the fallen bucket's money. Otherwise, the money goes to the people who played in that bucket.

But unless there is some demand for that, I'm going to leave the buckets as they are for now, and let the player base grow, before trying something too different.

firefop

sr. member

Activity: 420

Merit: 250

You know - you could make a companion game to let others bet on things like when the buckets will fall... what range the winnings will be in... etc.

bitshy

newbie

Activity: 42

Merit: 0

Quote from: HelpPlease on June 07, 2013, 07:38:22 AM

Buckets not falling???

They are falling. :-) You just gotta be patient. This game is all based on the blockchain and its inherent unpredictibility. So sometimes it takes a while, but it will fall.

Rest assured that when a problem does occur, I will take care of it. Thanks for letting me know your concern!

HelpPlease

newbie

Activity: 42

Merit: 0

Buckets not falling???

bitshy

newbie

Activity: 42

Merit: 0

Quote from: firefop on June 07, 2013, 12:05:18 AM

So i'm a little unclear on the payout schema here.

When a bucket falls the total is cut in half and pays the other 2 buckets (which didn't fall).

How is the payout distributed inside each bucket... proportionally? So put in 0.1 and 10 others put in 0.01... I would get half the payout going to that bucket.. or 25% of the fallen bucket?

Hi firefop!

When a bucket falls, with value X, the following happens:

An estimated transaction fee is subtracted from X.
The house fee is applied to X. (At the moment, that's 0.05%.)
X is split in half. One half goes to one bucket, the other half goes to the other.
Each half is distributed fairly among the backers of the other buckets, proportionally to how much they backed the other bucket by.

So in case that you had 0.1 BTC in a bucket, and 10 other people had 0.01 BTC in that bucket, you would get half of the payout going to that bucket. That's roughly 25% of the value of the fallen bucket. This is true regardless of whatever the other standing bucket contains.

i3lome

full member

Activity: 210

Merit: 100

To me it seems it 1 bucket falls with .01 btc ~3% is subtracted and the rest goes to each person with a bet on a bucket

Say Ted bids 0.01 Red, BoB bids 0.01 Blue and James goes 0.01 Green.

Red Falls
Ted loses his 0.01
0.01- 3% (server cost)= ~0.008

Bob and James receive ~0.004 and goes to the next Round.

Then the fun continues

firefop

sr. member

Activity: 420

Merit: 250

So i'm a little unclear on the payout schema here.

When a bucket falls the total is cut in half and pays the other 2 buckets (which didn't fall).

How is the payout distributed inside each bucket... proportionally? So put in 0.1 and 10 others put in 0.01... I would get half the payout going to that bucket.. or 25% of the fallen bucket?

i3lome

full member

Activity: 210

Merit: 100

Were looking for big winners now. Still the most profitable game I found that I don't mind losing too

bitshy

newbie

Activity: 42

Merit: 0

To clarify: the minimum bet is still 0.01 BTC, but no bucket will fall until all buckets have at least 0.02 BTC.

bitshy

newbie

Activity: 42

Merit: 0

Hey folks! I've raised the minimum amount in each bucket per round to 0.02 BTC. This will reduce the amount of money that is chewed up in Bitcoin transaction fees. This should also raise the expected value of all the current buckets!

fmota

newbie

Activity: 18

Merit: 0

C'mon folks, let's rally the buckets! :-)

bitshy

newbie

Activity: 42

Merit: 0

Quote from: fmota on June 03, 2013, 07:21:58 AM

This game is fun! I've been playing for the last 2 days, and I've won over 40 mBTC.

Thanks, and congratulations!

fmota

newbie

Activity: 18

Merit: 0

This game is fun! I've been playing for the last 2 days, and I've won over 40 mBTC.

bitshy

newbie

Activity: 42

Merit: 0

Satoshi Buckets has passed 100 rounds!

In the last 100 rounds:

Red has won 61 times, for a total of ฿0.752.
Green has won 64 times, for a total of ฿0.627.
Blue has won 75 times, for a total of ฿0.643.

bitshy

newbie

Activity: 42

Merit: 0

The buckets are heavy! The competition is fierce!

ds2013

member

Activity: 111

Merit: 10

Quote from: LottoPool on June 02, 2013, 10:24:51 AM

I just filled red and green....I'm betting against ya lol

I guess you lost Cheesy

- Red bucket paid twice to me already.

bitshy

newbie

Activity: 42

Merit: 0

Quote from: ds2013 on June 02, 2013, 10:16:55 AM

filled the blue one Wink

A history page would be nice. Just to see the last few falling buckets ...

A history page is on the TODO list! :-)

You can download the raw history right now. You can open this history file in a text editor, or in Excel.

LottoPool

newbie

Activity: 14

Merit: 0

I just filled red and green....I'm betting against ya lol

ds2013

member

Activity: 111

Merit: 10

filled the blue one Wink

A history page would be nice. Just to see the last few falling buckets ...

LottoPool

newbie

Activity: 14

Merit: 0

Red bucket paying good, anyone fill it so a round goes off?

Topic: Satoshi Buckets - A game with a winning strategy! 1 BTC GIVEAWAY, 0.3 BTC LEFT. - page 3. (Read 4135 times)