Topic: 🌟 🌟 🌟 Satoshiround.com | ODD or EVEN game on-chain | Payout BET X 3! 🌟 🌟 🌟 (Read 582 times)

The sale was opened on November 14th (not 6 months ago). Making a site like this from programmers would cost a lot more, believe me. Something disturbs you in this sale?

Dont you notice that there is no one interested to buy your site? No offenses, but I see it as a fact. Its been around 6 months and I do not see any serious buyers. I'm not really sure why, but I have to agree that your site is not worth for 0.5btc. People can just build it from scratch and spend less than 0.5btc IMO.

The new owner has the possibility to modify the game in a more or less profound way. It is however an excellent starting point at a good price.

Sad to say that this site of yours wont really be that worthy for 0.5 BTC and dont you notice theres no one do make offer. Odds and even game arent really popular at all
i cant see anyone would interest to buy this but well good luck on your sale. Competition is indeed hard.

LAST PRICE UPDATE
SATOSHIROUND game (and website) is on-sale for 0,5 BTC. Info at [email protected]

Satoshiround is an on-chain game with a customizable house edge (currently 6.25%) and with a customizable game volume (minimum bet and maximum bet).
Players must guess if the last digit of the block that will contain the betting transaction will be odd or even (the letters instead make the house win).
The verification of the outcome takes place through the last digit of the block containing the bet transaction.
Simple, safe.
The system has been used for 7 months and has no bugs or problems with operation. There have been almost 500 bets without having invested a satoshi in the advertising, this to say that the margins are very wide.
Price: 0,5 BTC
The sale includes:
- The domain satoshiround.com
- The Cloudflare account to protect the system
- The email address [email protected]
- Site hosting (great Icelandic provider)
- All the frontend, backend and scripts necessary for the operation
- Accound btc.com with the hot wallets necessary for operation
- All accounts and passwords
Hosting expires on 20 November 2018, if you buy Satoshiround after that date, the system must be reinstalled BUT NOW EVERYTHING IS ALREADY CONFIGURED AND READY TO USE, just add an amount to the hot wallets to pay the winnings and reopen the site. Nothing else.

As you can see in IMAGE 1 and 2:
IMAGE 1: https://ibb.co/mLXO2q
IMAGE 2: https://ibb.co/egR5FA
1. Menu: Each menu is customizable and opens via lightbox
2. Cryptocurrency selection: It is possible to bet with Bitcoin BTC or Bitcoin Cash BCH. Selection is made via the drop down menu
3. Bet addresses:In this tab we find the betting address with its QR code, the minimum and maximum bet (customizable with the backend scripts) and the bet multiplier.
The addresses change when you select BTC or BCH.
By clicking on the address this is automatically copied and then easily used in the wallet from which the bet will be sent. Also compatible with smartphones.
4. Bet list and outcome check: This table is updated in real time and contains the unique ID of the bet, the TX of the bet with links, the TXID of the payout if the bet is winning, the choice of the player (odd or even), the verification block with link to the blockchain, the result of the bet, the bet amount, the payout and the currency used.

PRICE UPDATE
SATOSHIROUND game (and website) is on-sale for 0,7 BTC. Info at [email protected]

It’s a shame, I know. Thank you and many thanks to everyone who played on Satoshiround!

It's a shame that it didn't work out for casino creators. The competition is strong which makes it difficult to get successful, especially by offering classical games. Selling the website might also be hard these days, but if you has a good tech and stuff, you should probably make a post about it in Marketplace section. Make sure you include screenshots of how website worked, perhaps a gif file file a small demo, at least a little part of the code behind it and you should probably be willing to trade a bit, since people might find that 1 bitcoin is too much. Good luck!

SATOSHIROUND game (and website) is on-sale for 1 BTC. Info at [email protected]

Concerning the BCH part of your site, some people are having a problem playing.
They tell me that their wallets do not let them proceed forward with the address you have on your site.
I looked and sure enough, we have a problem.
Here is the solution to the problem >  https://www.bitcoinabc.org/2018-01-14-CashAddr/

https://cashaddr.bitcoincash.org/   
Hope this helps

SOMBRERO KISSES

Our first 300 bets, thank you all!
Enjoy the on-chain ODD or EVEN game!  
SATOSHIROUND.COM

Both Bitcoin BTC and Bitcoin Cash BCH fees @ 0.00005 BTC / Kb, this means it's a big time to try our ODD or EVEN on-chain game!
Enjoy 

Not a problem
I have some free time coming up, so i will do some advertising for you in small ways in private places.
Not guaranteeing any more clients, but what little i have to offer may help you a bit

You seem like you're alright, keep up the good work

SOMBRERO KISSES

Thanks for your feedback. Every suggestion regarding marketing and techniques to give more visibility is always welcome. 

Very good improvement
We thank you for listening and the work you do on this project.
I trust the chain

Now this is just my opinion, so take it or leave it.
I'd leave everything alone for now and concentrate on marketing for the site.
You'd be surprised at what a little bit of marketing will do if done on the right platforms.
Just my humble opinion

In the last 36 hours we have improved our backend systems, which has caused little delay in displaying bets on homepage.
We thank you for your patience and remind you that no bet will ever be lost. The chain does not lie 
Enjoy!

Promise kept!

UPDATE: HOUSE EDGE LOWERED, NEW PAYOUT: BET X 3 for both BTC and BCH

Thanks to everyone who played with Satoshiround.com the payout was increased from x2,5 to x3 with a significant reduction of the house edge.

As promised we have taken a step forward and we will do others in the future. Enjoy!  

Good to know that gambling site owners do welcome community feedbacks even though it turns out to be ironic but still being replied with nice words. Good luck for future changes and hope you would really lower the house edge because most gamblers dont really like to see those high numbers which will definitely lose out our interest when we do plan to play on gambling sites.

Thanks for your feedback. I understand your point of view  (and your i irony ), step by step we will try to improve ourselves.

this is some huge milestone,congratulations 
hope you reach another 100 bets by the end of this year!
and yeah, to add to darkstar's and loycev's comments: lower the house edge,it is simply ridiculously high and not competetive
however you put it, 21% HE is one of the worst I've seen in gambling,make it 5% or less or risk counting bets made at your site in dozens

Big time to try the new Satoshiround.com ODD or EVEN game with Bitcoin or Bitcoin Cash!
Low transaction fees and value at the lows of the period, enjoy!

Near the first 100 bets!
Thanks to all the players for the trust and good luck!
We will improve our game more and more.

Hi BTCevo, now our house edge is about 21.8, not 30. At the top of our list of things to do there is just the lower house edge 

There is odds and even options which mean if there is a b c d e f house will win right? And how much is the payout then? If I coun it right then it must be like x3 on dice games, you should have at least this payout of you want to attract people here. Because 30% house edge is pretty huge and if do not give the exact payout then people will choose dice for sure since it is easier by playing dice

Hi JL421, our HE is lower than 25%, but we will try to do better and better!

Just a little heads up currently most sites have house edge of max 25% and yours is a lot i hope you consider to reduce your house edge

Everyone can choose how to try to win their coins in the way they prefer and in the way that they think best/fun. But believe me, the concept of "house edge" and the mathematics behind gambling is as clear to me as to all professional players, as to all owners of betting websites.
Anyway!
Judging from the first 24 hours of betting (without having purchased paid advertising), I would say that many users have decided to have fun with us
Some players have won, others do not, others will win but evidently some users prefer to play "10" bets and try their luck and enjoying the wait for the block generation and the charm of the blockchain rather than consume the mouse button playing "1000" rounds of usual and boring dice games.
If the trend continues to be positive we will repay our players with lower house margins, higher multipliers and other goodies! 
Enjoy!

I think you are the one who isn't clear of the concept of house edge. With a 21% edge, I'm expected to lose 21% of my bet, every time I make a bet. The player is expected to (and should expect to) go bankrupt in 5 bets. Why do I care? Because I prefer to play an expected 100 bets, compared to 5 bets. I would say more bets = more excitement.

It is a different game, but would 5 bets here provide more entertainment than 100 bets elsewhere? (this is assuming each bet is a static amount)


With a 0.1% house edge (lets assume we play on the totally not a scam 999dice^[1], with a 0.1% edge), I'm expected to go bankrupt after 1000 bets of an even amount. I would not become rich, but I would lose money slower.

---

^[1] In case my sarcasm isn't obvious, to anyone reading this post, please avoid 999dice; they are a scam.

Yes I understand some people are bored of dice.

However I don't think they will switch over to a different type of game if there is a house edge that's majority against them.

Most people that play these types of high house edge games is usually because they are illinformed of the odds against them.

Take the lottery or the slots in a real casino. Everybody gambles those ways only because they have no idea that it's very difficult to win.

Oh! thanks for the correction! Ive been calculating basing on the winning chance all summed then percentage left was i mentioned which is incorrect. I didnt notice house do have that House: a b c d e f which based on the formula above you would really result to 21.875% which is really high.

But you do need to agree that the player is betting the same as this dice sites like what he mentioned for lesser winnings, which on the player's perspective is not good. The concept and the provably fair system is great but if the winnings are not that great or in anywhere competitive like what others are giving you might have trouble finding loyal members to your game. Boosting the multiplier up to 3.00x won't also hurt your house edge but at the same time will match what other gambling sites are offering.

Games like this (I'm talking about on-chain based games not casino dice) have higher house edges, we've done a similar game but with a lower house edge and in the future we will work to lower it more.

A winning of 2.5x is low for winning percentage the player has. Other gambling sites particularly the ones who have dice sites have their 31.25% chance of winning make their winnings multiplied by 3.168x which is 66.8% more than what you are offering. Also you have the edge here with every bet you have more than 60% chance of getting the players bet is big. You should make the winning multiplier bigger than what you are offering now, you can even change the rules and make the 60% edge to the player but with a lesser multiplier.

LoyceV, no, I don't expect everyone agree, I expect that we are talking about real facts and that information is not misrepresented.
That blessed "101%" it's just a way of saying that we have no way to manipulate the result, if 100% means to generate keys safely (the standard method of casinos) we are even more fair than that. We assumed that "101%" is just a saying, I hope it is clear now.
If a player wants casinos to earn nothing, then he should simply not play.
We were honest writing in main post that the first of our goals is to lower the house edge and increase the win multiplier.
Try to play, give a chance if you like this kind of games. We are here to clarify any doubt and provide technical support, not for arguing 

Only quoting the relevant part is normal forum etiquette, I did snip (~) to make a point.

Now who's decontextualizing things? My point is: you can't ignore the house edge and pretend it's all luck only.

Please don't say 1 in 6^1000 isn't a limit.

As a programmer, you should know "101%" doesn't make sense at all. 100% fair is the maximum, pretending to be more than that is impossible and can only be used to convince naive users.

That's just semantics, it's all connected.

Imagine the opposite: you play only once, and lose. Of course I'm interested in the house edge!

A low house edge doesn't make a game EV+. But it does give you a better chance than a high edge.

Well, you can't expect everyone to just agree.

You have decontextualized everything that I wrote to your advantage and you have used only some parts. This should not be done. The reality is that you're talking about things you do not know, and it's easy to understand it.
1. The "spirit" is just a fancy way of saying: choose odd or even based on what you feel.
2. If you know how statistics work, you know you can win many times consecutively or lose many consecutively. Without statistic limits.
3. I NEVER WROTE: "I'm a programmer ~, our system is 101%." I WROTE: "I'm a programmer, there are a thousand ways to make dishonest a system that would
be fair". Seriously, who do you think you're talking to?
4. Odds is not the same as house edge. If you do not understand this, avoid talking badly about what you do not know.
5. Imagine this situation: You play only once at our game and win. Are you still interested in the house edge?
6. If the house edge is so important at the end of the odds then I challenge you: go to the casino with the lowest existing house edge and play. You will surely become rich! But please!
I'm willing to talk about everything, but throwing mud on something without any motivation is not good for me.

Saying the house edge is not related to a good or bad game doesn't make any sense. That's like saying chances, odds and coincidence have nothing to do with a game being either good or bad, but it's all up to "the spirits".

This simply doesn't make any sense.

Are you seriously asking why players care about the odds they're given?

Although that's true, it's also all the more reason to warn people against games with a high edge.

Dear adaseb, there are people who love dice, others who prefer roulette, others slot machines, etc. This is a different game, some love on-chain games and the fact that they are based exclusively on the blockchain with its charm.
Why do you care so much as the house wins if you have 1 chance in 3 to win your bet multiplied by 2.5?
If you like the game, play. If you do not like it, you can do something else. I believe that the concept of "house edge" to date is not yet clear to many.

Dear friend, the "nonce: server_seed: client_seed" system is safe in itself...BUT...the problem is that sometimes the way it is applied is not sure.
Seed hidden until clicking a button, autobetting with resetting the seed when you return to manual play, "copy" ad-hoc managed function, modification of some seed characters (which at first sight seem the same), etc.
I'm a programmer, there are a thousand ways to make dishonest a system that would be fair, if these are systems considered 100% fair, our system is 101%.
But I do not want to talk bad about casinos, most of them are honest and their HE is enough to keep them healthy;)

Returning to talk about our game: a (totally crazy) miner, could virtually discard the block that included his transaction which would have been non-winning, in this way he will modify the entire result, it is true but for all other bets/players the next block would still offer a random result.
It does not change anything for anyone except for the miner (which has lost the intere reward for which it worked, without the certainty of winning the next block  ), do you understand?
Ask me to think of a number from 1 to 16, I know perfectly what number I will tell you, but you do not know, so for you the result is still random.
There is nothing misleading, so I ask you the courtesy to return to the topic, we are launching a new game here and I believe that we have dwelt enough on the "101%"  

I didn't really think people actually played games with a house edge so big. It really makes no sense.

You can just go on any dice site and play a very similiar odd/even game based on 50/50. Your edge would be 1%.

It seems that the only people who would use such a service would be to maybe mix some coins. Or if they had bad English and didn't understand the description or are bad at math.

 
I was pretty tired yesterday. so i use google translate part
Sorry
if we look at it, it looks like the edge of the house is fair enough,
I have not dared to try to gamble here, maybe wait for the incoming feedback before trying it

Which is why you use a nonce based system. You generate a server seed, ask the client for a client seed, and use those plus a nonce. Every result is predetermined, and this ensures that the house cannot cheat without detection, even if the client seed is not changed.


I do agree with this, however it is not provable. (which is the whole point of the misleading/inaccurate claim)

DarkStar_ I love talking to a pro user like you
Theoretically, if a miner finds a block and eliminates it (losing the reward) the transactions will be confirmed in one of the following blocks, obviously with a different hash.
The point is: for players nothing changes, in the sense that the result will always be random, and certainly can not be driven by us.
This makes it a safe system for those who bet much more than systems that are normally passed off as "100% safe" ie the server-seed and client-seed. No one changes the client-seed at every bet, unfortunately.
In addition, I repeat, discard a block to compromise the result is totally uneconomical, therefore has no reason to exist this possibility.

Chain-Bet has had a volume under 0.5BTC in the past month and a half. While they have a 37.5% edge, with such little volume, they could hurt more from variance.


LuckyBit has an edge below 3%, although they do seem to be inactive with development and paying extremely high transaction fees. With a higher fee environment, that's understandable, but as of right now, 1 sat/byte puts you into the next block (only 0.761 MB of transactions paying 1sat/byte or higher in the mempool right now) on the BTC network, and no one uses BCH, so it's even cheaper (literally 26 Kb of transactions in the BCH mempool).


No, I do agree that it's highly illogical. However:

Theoretically, you cannot verify whether a block was discarded or not, therefore the player cannot verify it. Hence, "misleading"; the player cannot prove that a miner didn't cheat. Calling it normal provably fair (imo) would be fine, but saying that it's better than ("101%") is misleading.

Are you telling us that a miner would discard a block and its reward to cheat and steal at most 0.005 BTC?
Furthermore, without the certainty of being able to mine the next block and include the bet?
It makes no sense, think about it. 

I did not compare our site to the national lottery, I just gave an example of the odds compared to risk, 1 chance against million, but millions of people played there ... simply because they like it, even against all the odds of winning.
In addition, on-chain games of this kind do not have a 1% HE, only casinos and big off-chain dice games - with deposit - have similar percentages.
The most similar game I know has an HE higher than 35%, but many players like it and use it.
I do not want to convince you, the data is objective, I just want to present our game in the right way possible.
Enjoy

Your house edge calculation is off. The correct calculation is (5/16)*1.5+(11/16)*-1, which yields an edge of 21.875%! That's 21 times greater than most dice games. The house edge on most lotteries is around 50%, but like leowonderful said, you aren't competing with them.

Also, "provably fair 101%" is inaccurate, or misleading at best. Theoretically, a pool/miner could choose to discard a block for whatever reason, and this would have made your bet unfair due to a different outcome being reached. You cannot prove that you weren't cheated by a miner, so the statement is somewhat misleading. While they would have no reason to discard a block at the moment, it's still a possibility.

Why are you comparing yourself to national lotteries when your main competitors here are going to be other number-based gambling sites that have lower house edges and thus get more traffic and plays than your site? It's great that you think your game is great and I respect that, but the fact remains that there's not much that differentiates similar number-gambling sites besides house edge, and an edge of 6.25% isn't exactly attractive for gamblers. You're just not competitive compared to other sites that have house edges of ~1% or less.

The house edge is the percentage that statistically the house holds for itself on X bets, it is not directly related to a good game or a bad game.
We can throw a die 1000 times and the result could always be 6, can I explain?
If we consider the house edge of national lotteries compared to the chances of winning, we have more chances to throw a coin into a well and express the desire to become millionaires  
In this case there are about 1 on 3 chance of winning with a payout multiplied by 2.5 times the bet and a 100% safe system.
We think it's a good game, moreover, we will do our best to raise the multiplier, lower the house edge and improve user experience.

Gonna suppose to say the same thing which its clearly a google translated reply.  

When it comes to odds i have seen this one Almost 1 on 3 chance of winning (31.25 %)  where if it would be calculated HE would be on 6.25% which is really high.

Not doubting fairness of your outcomes. Its just the edge is too high. Your game is analogous to casinos roulette when betting on red or black except with roulette you have 47.4% chance of winning while here there's only 31.5% chance of winning. Sure the payment is slightly larger (x2.5 vs x2) but it doesn't compensate enough for a higher edge.
Raise winners multiplier up to x3 (you would still have an edge) and you'd have a chance to get your site going on here. Still not sure about that since there are plenty of places for gamblers to play

First goal in our todo list is to lower the house edge.
Remember that the odds of winning are almost 1 in 3 and bets are paid with a multiplier of X 2.5, then 0.002 BTC is paid 0.005 BTC.
Another fundamental thing is security, the outcome is fair 101% because the blockchain guarantees that nobody can alter it, no client-seed, no server-seed, no manipulation. 
Enjoy

House edge is redonkulous
Odd numbers: 1 3 5 7 9 | Even numbers: 0 2 4 6 8 | House wins with: a b c d e f

You're not going to find many players with 33% edge, mate

Nice google translate!
Check the outcome of the google translate first before posting it anywhere.

Back to topic, how much is the house edge of this game? Sorry to ask as I'm not so good in math to calculate it, but it seems that it has higher house edge than the other odd even game type.

This is the official thread, all updates will be posted here

How to play
1. Choose the currency you prefer between Bitcoin BTC and Bitcoin Cash BCH
2. Listen to the spirits, focus your mind and choose: odd or even?
3. Send BTC or BCH (an amount between the minimum and the maximum allowed) to the corresponding address
4. Wait until your transaction is included in the first block, last character of that block will determine the result of your bet

How it works
. Each Bitcoin or Bitcoin cash block is essentially a hash in hexadecimal format, this means that the last character (the one that determines the outcome of the bet) can be: 0 1 2 3 4 5 6 7 8 9 a b c d e f
. You can bet that the last character of the block that first includes your transaction is ODD (1 3 5 7 9 = 31.25%) or EVEN (0 2 4 6 8 = 31.25%)
. If you guess, you win your bet multiplied x 3. If a letter comes out, the house wins.

Next Goals
1. Lower the house edge| MAY 08 UPDATE: HOUSE EDGE LOWERED, NEW PAYOUT: BET X 3 for both BTC and BCH
2. Increase the maximum bet limits (NOW 0.002 for BTC and BCH)
3. Improve user experience: send us your advice!

Provably Fair
1. The outcome of each bet is determined by the last character of the block that includes your transaction, so nobody can cheat
2. You can check the outcome of your bet from any existing blockchain explorer, the result will be the same and will remain written in the blockchain forever
3. The bet is verified with at least 2 confirmations. You can see in real time if you won

Have fun and good luck!