Author

Topic: satoshiseleven.com - new gambling site (Read 1430 times)

mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
November 05, 2012, 07:56:06 AM
#13
Doubt it.. wouldn't be worth it to buy domain + hosting JUST for a short scam.

It would only cost you $20 if that Wink but it does seem like a lot of effort imho.

Lets wait and see.
vip
Activity: 1316
Merit: 1043
👻
November 05, 2012, 07:35:00 AM
#12
Doubt it.. wouldn't be worth it to buy domain + hosting JUST for a short scam.
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
November 05, 2012, 06:05:50 AM
#11
Site offline?

Lets hope its not a hit and run.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
November 04, 2012, 09:36:42 PM
#10
Site offline?
newbie
Activity: 19
Merit: 0
October 06, 2012, 08:40:03 AM
#9

that's strange :/
you can circumvent the dns by going directly to http://193.107.19.87

concerning a question i got by mail (from "Arturo"):
no, the last player does not have an unfair advantage since he can't manipulate his EV
he can (and that's the nerve-stretching part Wink ) manipulate his deviation from the expected value by increasing his chances by riskng more than the others
the ev is always the same!

but i see your point that players do not have much of an incentive to bet early!
to solve this i will make a script that bets every hour or so 0,1BTC to keep the games going


full member
Activity: 121
Merit: 102
sr. member
Activity: 364
Merit: 252
September 30, 2012, 10:13:08 PM
#7
SatoshiRoulette enters the game: http://blockchain.info/tx-index/d3931b61c2bc58f98d5ddc84e4c12667668d9ba7844821d1518aaf25690ccdf5 Cheesy

Very nice site and it is great to see even more game options.
newbie
Activity: 19
Merit: 0
September 30, 2012, 03:43:13 PM
#6
only 3 tickets remain, go go go Smiley
newbie
Activity: 19
Merit: 0
September 30, 2012, 03:03:17 PM
#5
the first game Satoshis11 has an EV of -1.5% (1% rake and 0.5% go into the bonus jackpot)

the second game Satoshis111 has an EV that is between  -1% (no bonus bets) and +X% (because the bonus bets from satoshis11 play with only 25% of normal winning chance)
legendary
Activity: 1022
Merit: 1000
September 30, 2012, 02:55:20 PM
#4
Are there any (flat) fees for betting?

What's the rake/house edge?
legendary
Activity: 1064
Merit: 1001
September 30, 2012, 02:50:14 PM
#3
While I'm not too much into negative-expectation house games (a little sports betting aside), I'm glad to see an increasing proliferation of gambling options. State regulation stifles the bricks'n'mortar gaming industry; Bitcoin has created, or at least the potential to create, golden new opportunities here.

Not only that but if we can divert money that would otherwise fund the State, we can help shrink the leviathan.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
September 30, 2012, 02:40:01 PM
#2
While I'm not too much into negative-expectation house games (a little sports betting aside), I'm glad to see an increasing proliferation of gambling options. State regulation stifles the bricks'n'mortar gaming industry; Bitcoin has created, or at least the potential to create, golden new opportunities here.
newbie
Activity: 19
Merit: 0
September 30, 2012, 02:12:27 PM
#1
Hello

I launched a new BitCoin gambling site and here are the key facts:

http://www.satoshiseleven.com

- players play against each other
- players throw money into the pot and one of them wins
- chance of winning the pot = pot equity
- two game modes (11 players and 111 players)
- huge pots (i hope Smiley ) and attractive bonuses
- verifiable and fair (blockchain, secret keys and stuff)
- very small rake

please check it out and tell me what you think

regards
Sat0shiseleven
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