Somebody bet $7M worth of BTC... | Bitcointalksearch.org

quone17

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Quote from: empoweoqwj on January 26, 2014, 09:56:06 PM

Quote from: Sutters Mill on January 26, 2014, 04:55:17 PM

that guy must be GUTTED!

That guy is an idiot / gambling addict, probably high at the time. Serves him right. Casinos are there to take your money. Fact.

Being an addict of gambling or drugs is a disease - it doesn't "serve him right." You could say maybe losing will help him recover eventually (by stopping gambling), but he's not inherently a bad person.

empoweoqwj

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Quote from: Sutters Mill on January 31, 2014, 09:15:56 AM

Quote from: empoweoqwj on January 31, 2014, 01:41:32 AM

Quote from: Proteus123 on January 31, 2014, 01:18:18 AM

I can't imagine the depression after losing $7 million on a 96% bet, but then again I would NEVER bet 7 million dollars in a casino ever. What was he thinking??

Lack of thinking was the thinking. Or simple addiction. There are a huge number of gambling addicts around. Just most don't have $7M lying around. Most are broke.

Yeah, and remember it might have been an early adopter and this might only have been a small portion of their wallet.

Perhaps trying to get rid of the "evidence" before the feds come after him Wink

Sutters Mill

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Cryptophile at large

Quote from: empoweoqwj on January 31, 2014, 01:41:32 AM

Quote from: Proteus123 on January 31, 2014, 01:18:18 AM

I can't imagine the depression after losing $7 million on a 96% bet, but then again I would NEVER bet 7 million dollars in a casino ever. What was he thinking??

Lack of thinking was the thinking. Or simple addiction. There are a huge number of gambling addicts around. Just most don't have $7M lying around. Most are broke.

Yeah, and remember it might have been an early adopter and this might only have been a small portion of their wallet.

Bitbuy

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Activity: 308

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Quote from: mistress_magpie on January 26, 2014, 06:13:22 PM

Did the player ever make a comment about this anywhere?

Closest I know was the selling of his JD account:
https://bitcointalksearch.org/topic/auction-just-dice-investment-account-with-479btc-commission-exempt-earnings-355604

allthingsluxury

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Wow that is just crazy.

empoweoqwj

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Quote from: Proteus123 on January 31, 2014, 01:18:18 AM

I can't imagine the depression after losing $7 million on a 96% bet, but then again I would NEVER bet 7 million dollars in a casino ever. What was he thinking??

Lack of thinking was the thinking. Or simple addiction. There are a huge number of gambling addicts around. Just most don't have $7M lying around. Most are broke.

Proteus123

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I can't imagine the depression after losing $7 million on a 96% bet, but then again I would NEVER bet 7 million dollars in a casino ever. What was he thinking??

retrend

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The reason against rigging gambling websites is that you can make more money in the long term simply by being the house.

There's no need to cheat in games that you have already rigged in your favour and have gamblers playing anyway.

iheartubuntu

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Quote from: Caiapfas on January 26, 2014, 10:03:20 PM

software gambling websites are rigged. As a programmer I could make the software do anything. watch your betting habits and then when you bit big you lose. I can also see how much btc you have in your local wallet and the one you sent from. So make the game play accordingly

I have to agree with this assumption 100%.

It doesnt matter which site I am on or which game I play. I like dice and roulette (and sometimes slots). I notice if I bet small amounts I win just fine. Example. 10mBTC > 20 mBTC > 40 mBTC then WIN. If I'm betting larger amounts I'll just lose and lose big. Example being 200 > 400 > 800 mBTC... LOSE.

Ive kept a log over the past month since I started and I am overall up a lot. Its all about money management, nothing else. Theres no holy grail as far as Im concerned and when betting larger amounts, the computer really makes sure you lose

neordicICE

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Definitively he has much more Bitcoins than he can use/spend, thats why such high bets. Young early adopter I guess.

Bitcoins redistributed = good thing

djarot

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Crazy ..

EvilPanda

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Small Red and Bad

Quote from: Caiapfas on January 30, 2014, 03:17:38 PM

Quote from: bbit on January 26, 2014, 10:56:38 PM

Quote from: whtchocla7e on January 26, 2014, 05:09:05 PM

Gambling is always a gamble.

this!

Gambling like the lotto is taxation on the stupid.

Yup lotto is one of the biggest scams ever.

Caiapfas

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Quote from: bbit on January 26, 2014, 10:56:38 PM

Quote from: whtchocla7e on January 26, 2014, 05:09:05 PM

Gambling is always a gamble.

this!

Gambling like the lotto is taxation on the stupid.

m19

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Activity: 186

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Quote from: Sonny on January 30, 2014, 02:59:36 AM

Quote from: theonewhowaskazu on January 26, 2014, 11:18:47 PM

Quote from: Caiapfas on January 26, 2014, 10:03:20 PM

software gambling websites are rigged. As a programmer I could make the software do anything. watch your betting habits and then when you bit big you lose. I can also see how much btc you have in your local wallet and the one you sent from. So make the game play accordingly

Correction: "As a programmer I could make the closed source software do anything."

But to be fair to Caiapfas, he does have a point. I'm not saying that just-dice is doing this, but theoretically, a gambling company COULD insert fake dice rolls earlier in the gambling record, and especially if they only do it for a couple high-rollers, its EXTREMELY unlikely anybody would ever notice.

https://just-dice.com/roll/152097271

hash of server seed
fcf00ce25a69f3387cb0d7041cf5d5e3aa5e312c50d1c5c121cfcba1fd0a9231
server seed
not yet published
client seed
999999999999999999999999
nonce
748

Why is the server seed unpublished after months?

Because that account hasn't changed the secret yet. You need to click on random to get a new seed, then the old one gets published.

Also this particular player had loads more BTC than what he lost, of course it hurts, but it wasn't the end of the world. He told everyone not to worry about him.

Sonny

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Quote from: theonewhowaskazu on January 26, 2014, 11:18:47 PM

Quote from: Caiapfas on January 26, 2014, 10:03:20 PM

software gambling websites are rigged. As a programmer I could make the software do anything. watch your betting habits and then when you bit big you lose. I can also see how much btc you have in your local wallet and the one you sent from. So make the game play accordingly

Correction: "As a programmer I could make the closed source software do anything."

But to be fair to Caiapfas, he does have a point. I'm not saying that just-dice is doing this, but theoretically, a gambling company COULD insert fake dice rolls earlier in the gambling record, and especially if they only do it for a couple high-rollers, its EXTREMELY unlikely anybody would ever notice.

https://just-dice.com/roll/152097271

hash of server seed
fcf00ce25a69f3387cb0d7041cf5d5e3aa5e312c50d1c5c121cfcba1fd0a9231
server seed
not yet published
client seed
999999999999999999999999
nonce
748

Why is the server seed unpublished after months?

empoweoqwj

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Activity: 518

Merit: 500

Quote from: theonewhowaskazu on January 26, 2014, 11:18:47 PM

Quote from: Caiapfas on January 26, 2014, 10:03:20 PM

software gambling websites are rigged. As a programmer I could make the software do anything. watch your betting habits and then when you bit big you lose. I can also see how much btc you have in your local wallet and the one you sent from. So make the game play accordingly

Correction: "As a programmer I could make the closed source software do anything."

But to be fair to Caiapfas, he does have a point. I'm not saying that just-dice is doing this, but theoretically, a gambling company COULD insert fake dice rolls earlier in the gambling record, and especially if they only do it for a couple high-rollers, its EXTREMELY unlikely anybody would ever notice.

An online casino cheating their customers. Could never happen Grin

theonewhowaskazu

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Activity: 448

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Quote from: Caiapfas on January 26, 2014, 10:03:20 PM

software gambling websites are rigged. As a programmer I could make the software do anything. watch your betting habits and then when you bit big you lose. I can also see how much btc you have in your local wallet and the one you sent from. So make the game play accordingly

Correction: "As a programmer I could make the closed source software do anything."

But to be fair to Caiapfas, he does have a point. I'm not saying that just-dice is doing this, but theoretically, a gambling company COULD insert fake dice rolls earlier in the gambling record, and especially if they only do it for a couple high-rollers, its EXTREMELY unlikely anybody would ever notice.

bbit

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Bitcoin

Quote from: whtchocla7e on January 26, 2014, 05:09:05 PM

Gambling is always a gamble.

this!

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: kokojie on January 26, 2014, 10:11:38 PM

Quote from: Caiapfas on January 26, 2014, 10:03:20 PM

software gambling websites are rigged. As a programmer I could make the software do anything. watch your betting habits and then when you bit big you lose. I can also see how much btc you have in your local wallet and the one you sent from. So make the game play accordingly

Apparently you haven't heard of the concept "provably fair"

lol. Anything can be rigged, especially in software. SSL encrytion was supposed to encrypt stuff.

kokojie

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Quote from: Caiapfas on January 26, 2014, 10:03:20 PM

software gambling websites are rigged. As a programmer I could make the software do anything. watch your betting habits and then when you bit big you lose. I can also see how much btc you have in your local wallet and the one you sent from. So make the game play accordingly

Apparently you haven't heard of the concept "provably fair"

Topic: Somebody bet $7M worth of BTC... (Read 3637 times)