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Topic: SATOSHINONCE.COM ~ REAL TRANSPARENT BETS ON THE BLOCKCHAIN - page 2. (Read 3632 times)

hero member
Activity: 603
Merit: 500
...I dont get the domain name. Do you know what 'nonce' means? Well here in the UK anyway.
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com
Hi, that's a very important point.

If the Bet Transaction wins in the orphaned Block it will get paid at 1 confirmation, regardless if later on with the new Block it will loose.

If the Bet Transaction loose in the orphaned Block, once it will be placed in the new Block our system will scan it again and if this time the Bet is a winning one we will pay it.

This will assure that players will always be paid in case they win (in both cases, in the orphaned and in the new Block). It is a "risk" we are taking on our shoulder to give a better customer'e experience and also to give consistency to our verification process that we think is our added value, compared to other betting sites.
legendary
Activity: 2940
Merit: 1333
We just went for a massive restyling of the site. Please have a look at the new graphic and let us know if you like it Smiley

It looks a lot better than it did before.

Quote
All winning transactions will pay out immediately at 1 Confirmation

What do you do if the nonce changes later due to a reorg? It's possible for the bet transaction to be included in multiple blocks which appear in the main chain at some point in time. If you pay out immediately there's a chance you'll pay bets with finish up losing when the winning block gets orphaned and replaced by a different one.
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com
THANK YOU!!! It's over 15 hours we are coding and we are missing coffee Smiley Thanks for your feedback

"Lucky Numbers are not calculate by us" as displayed on the site is missing a d after "calculate".
member
Activity: 119
Merit: 10
"Lucky Numbers are not calculate by us" as displayed on the site is missing a d after "calculate".
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com
19% of chances..


umm ... pretty hard to win here
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com

You have 19% odds to make a win


for match 2 digit number, it's too hard for win.. maybe looks like lotto this game
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com

We just went for a massive restyling of the site. Please have a look at the new graphic and let us know if you like it Smiley

THANK YOU!!!




a NEW WEBSITE is coming on the gambling scene: http://www.satoshinonce.com

THE MISSION:

ONLY  TRANSPARENT BETS ON THE BLOCKCHAIN
NO INTERNAL SOFTWARE TO ROLL DICE OR SPIN WHEELS BEHIND YOUR BACK!!!!

THE PRIZE:

WIN 60X YOUR BET (UP TO 3BTC PER BET!) IF YOU MATCH YOUR NONCE LAST 2 DIGITS (LUCKY NUMBER)

WIN 2X YOUR BET IF YOU MATCH ONLY 1 DIGIT OF THE LUCKY NUMBER

come and have a look: http://www.satoshinonce.com


legendary
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
...and the site is not opening

Seems to be working fine for me? Might be a browser issue?
legendary
Activity: 2016
Merit: 1106
...and the site is not opening
legendary
Activity: 2940
Merit: 1333
4%
So then what's the house edge?
It's a pretty old design just BTW.

Can you show your working please?

19% chance of matching 1 digit
1% chance of matching 2 digits

old payouts:

>>> 0.19 * 3 + 0.01 * 50
1.07

new payouts:

>>> 0.19 * 2 + 0.01 * 60
0.98

So you've increased the house edge from a very generous -7% to a more normal 2%?

Edit: oh, I get it. There's only an 18% chance of matching a single digit (9 ways of getting the 1st digit wrong and 9 ways of getting the 2nd digit wrong):

>>> 0.18 * 2 + 0.01 * 60
0.96
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com
4%
So then what's the house edge?
It's a pretty old design just BTW.
legendary
Activity: 1050
Merit: 1000
So then what's the house edge?
It's a pretty old design just BTW.
full member
Activity: 140
Merit: 100
YOU"RE LIKE A TIMEBOMB!
legendary
Activity: 1666
Merit: 1205
We are currently updating the site increasing the multiplier from 50x to 60x in case you match the 2 digits Lucky Number. We set the multiplier to 2x instead in case you match only 1 of the digits of the Lucky Number.
We've done so because we think that our fans want to give a try to satoshinonce to win big...

19% chance of matching 1 digit
1% chance of matching 2 digits

old payouts:

>>> 0.19 * 3 + 0.01 * 50
1.07

new payouts:

>>> 0.19 * 2 + 0.01 * 60
0.98

So you've increased the house edge from a very generous -7% to a more normal 2%?

If you want your players to "win big" you should leave the house edge negative and it will happen.  Roll Eyes

If I had only known how to calculate these odds before...
legendary
Activity: 2940
Merit: 1333
We are currently updating the site increasing the multiplier from 50x to 60x in case you match the 2 digits Lucky Number. We set the multiplier to 2x instead in case you match only 1 of the digits of the Lucky Number.
We've done so because we think that our fans want to give a try to satoshinonce to win big...

19% 18% chance of matching 1 digit
1% chance of matching 2 digits

old payouts:

>>> 0.19 0.18 * 3 + 0.01 * 50
1.07 1.04

new payouts:

>>> 0.19 0.18 * 2 + 0.01 * 60
0.98 0.96

So you've increased the house edge from a very generous -7% -4% to a more normal stingy 2% 4%?

If you want your players to "win big" you should leave the house edge negative and it will happen.  Roll Eyes
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com
We are currently updating the site increasing the multiplier from 50x to 60x in case you match the 2 digits Lucky Number. We set the multiplier to 2x instead in case you match only 1 of the digits of the Lucky Number.
We've done so because we think that our fans want to give a try to satoshinonce to win big... but if the luck is not coming your way fully, you can still make the double of your bet if you match just 1 digit...

Hope you agree with our approach and will continue to enjoy satoshinonce!

Please do not hesitate to tell us if you like the game!!!!!!

Thanks!





a NEW WEBSITE is coming on the gambling scene: http://www.satoshinonce.com

THE MISSION:

ONLY  TRANSPARENT BETS ON THE BLOCKCHAIN
NO INTERNAL SOFTWARE TO ROLL DICE OR SPIN WHEELS BEHIND YOUR BACK!!!!

THE PRIZE:

WIN 60X YOUR BET (UP TO 3BTC PER BET!) IF YOU MATCH YOUR NONCE LAST 2 DIGITS (LUCKY NUMBER)

WIN 2X YOUR BET IF YOU MATCH ONLY 1 DIGIT OF THE LUCKY NUMBER

come and have a look: http://www.satoshinonce.com


full member
Activity: 193
Merit: 100
www.blockchainlotteries.com
I like what the graphic designer has done! Cool looking site Smiley

We really appreciate your comment, thank you  Smiley  Hope you also enjoyed the game and its transparency  Smiley
full member
Activity: 193
Merit: 100
www.blockchainlotteries.com
Looks good, will try it out soon!

THANK YOU!!  Roll Eyes
legendary
Activity: 1974
Merit: 1003
umm ... pretty hard to win here
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