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Topic: Welcome to the Greatest Bitcoin Casino on earth!! Exciting Sounds & Graphics! - page 6. (Read 10553 times)

legendary
Activity: 1022
Merit: 1001
Free credits sent to users gannicus & x4zers Smiley
legendary
Activity: 1134
Merit: 1112
Surprising why you keep the url on click at ?reff=4.

You should set a referral cookie.

(can't register, damn that over 18 rule.)
hero member
Activity: 812
Merit: 505
The Last NXT Founder

I played (I did the multiplier wheel with 99/100 odds and I lost a third of the time I spun it.

You misunderstood the game, there is no 99% odds. if you fill 50% of the area, it pays 20x the bet, so you have a 1 in 20 chance to win, or 95% chance to lose. 75% of the area pays 10x the bet, 90% chance to lose. the maximum area pays 1.3x the bet, so you have a 70% chance to win. so that why you lose 1/3 of the time. So to find the odds of winning just look at what the payout is.

So i did. Still the backend is horrible.
sr. member
Activity: 322
Merit: 250
Neg trust, was left by competing casinos

I played (I did the multiplier wheel with 99/100 odds and I lost a third of the time I spun it.

You misunderstood the game, there is no 99% odds. if you fill 50% of the area, it pays 20x the bet, so you have a 1 in 20 chance to win, or 95% chance to lose. 75% of the area pays 10x the bet, 90% chance to lose. the maximum area pays 1.3x the bet, so you have a 70% chance to win. so that why you lose 1/3 of the time. So to find the odds of winning just look at what the payout is.
legendary
Activity: 1022
Merit: 1001
Registered with username : nthoangga

Will try this out when I get my bonus  Smiley

Coins sent Smiley
member
Activity: 107
Merit: 10
PLAYGAME.com
Registered with username : nthoangga

Will try this out when I get my bonus  Smiley
legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
Do we still get some free credits to try your website? I don't mind gambling with actual BTC, but not before I get to try it out.

Click my link below & create an account, & I'll be happy to send you some Smiley



Account = Anon135246
legendary
Activity: 1022
Merit: 1001
ANNOUNCEMENT

Bitwincasino will not be subscribing to the 'provably fair' concept, since in its current state at least, it is open to manipulation. The initial 'hash seed' (which is crucial to the 'proof' of this system) not being revealed to the player until after the results are shown is but one of the many problems with this 'proof of fairness in play', that seems to be peddled by a few individuals.

Bitwincasino will not mislead customers into believing they have a fair chance of winning by hiding behind a concept that is flawed and open to manipulation.

thankyou
legendary
Activity: 1022
Merit: 1001
legendary
Activity: 1022
Merit: 1001

With provably fair systems being rather simple to implement, I don't see why any serious casino would omit it and why any better would go to a site that hasn't taken the minimal effort to implement it.

If this provably fair 'concept' (& please dont try to claim its anything more than that) is so important to you, perhaps you should go and play somewhere else wheres its in place. I sincerely wish you the best of luck - your probably going to need it with most other forms of gambling/casinos paying out a lot less than 98%.

As is quoted elsewhere in a discussion on the subject of 'provably fair' gambling here: https://bitcointalk.org/index.php?topic=311404.60

"But with any of the dice games, how can you tell if the winning seed was generated before or after your bet and roll? Or how can you tell if the first seed generated (which might have been a win) wasn't discarded and regenerated until your roll would create a loss instead ?  As long as in the long term the payout matches what the house odds claim to be, how would you tell that that the long odd bets were performing as promised? If the stated odds are 1 in 1000, but after 200,000 roles, only 900 wins occurred , how would one know if that was the luck of the house, or a random number generator or other logic wasn't subtly altered to benefit the house?"

In my opinion, 'provably fair' is just a scam run by some gambling sites to instil confidence in the customer - nothing more (but people can do their own research on the topic & discuss it further in other threads in this forum if their interested). Lets rest the discussion on the subject in this thread here Smiley


Quoted for those few individuals that seem to have missed it. Smiley


legendary
Activity: 2198
Merit: 1989
฿uy ฿itcoin
Do we still get some free credits to try your website? I don't mind gambling with actual BTC, but not before I get to try it out.
legendary
Activity: 1022
Merit: 1001
Do we still get some free credits to try your website? I don't mind gambling with actual BTC, but not before I get to try it out.

Click my link below & create an account, & I'll be happy to send you some Smiley

legendary
Activity: 1022
Merit: 1001

With provably fair systems being rather simple to implement, I don't see why any serious casino would omit it and why any better would go to a site that hasn't taken the minimal effort to implement it.

If this provably fair 'concept' (& please dont try to claim its anything more than that) is so important to you, perhaps you should go and play somewhere else wheres its in place. I sincerely wish you the best of luck - your probably going to need it with most other forms of gambling/casinos paying out a lot less than 98%.

As is quoted elsewhere in a discussion on the subject of 'provably fair' gambling here: https://bitcointalk.org/index.php?topic=311404.60

"But with any of the dice games, how can you tell if the winning seed was generated before or after your bet and roll? Or how can you tell if the first seed generated (which might have been a win) wasn't discarded and regenerated until your roll would create a loss instead ?  As long as in the long term the payout matches what the house odds claim to be, how would you tell that that the long odd bets were performing as promised? If the stated odds are 1 in 1000, but after 200,000 roles, only 900 wins occurred , how would one know if that was the luck of the house, or a random number generator or other logic wasn't subtly altered to benefit the house?"

In my opinion, 'provably fair' is just a scam run by some gambling sites to instil confidence in the customer - nothing more (but people can do their own research on the topic & discuss it further in other threads in this forum if their interested). Lets rest the discussion on the subject in this thread here Smiley
legendary
Activity: 2940
Merit: 1333
All the games are fair.

That's not what Redcoin says.  He said earlier that if there haven't been enough losers recently then it's impossible to win:

Not sure how to be "provably fair". Its a different type of game, and only pays out when there are losers, same way as any modern slot machine.

If you win 98 points, it means somone has lost 100 points

I presume that means that if there isn't enough to pay out a winning coin toss, you won't get a winning coin toss.  Is that correct?
legendary
Activity: 1022
Merit: 1001
I played (I did the multiplier wheel with 99/100 odds and I lost a third of the time I spun it. also playd the coin flip game and got 15 tails in a row and it somehow glitched and let me accumulate a negative balance.).

Thanks, we are still finding the odd bug with some of the game but are working towards fixing them as they are found.

legendary
Activity: 1022
Merit: 1001
Heads or tails? What ill it be?
Is this one fair?  It seems a simple coin toss would be easy enough to program to be fair.

Or does it make sure the player loses if the casino has been unlucky recently?

All the games are fair.

The casino has a 98% payout, so for every 100 credits bet, 98 are put back into the prize pool.
Fair =/= provably fair. Can you prove that a game is fair?

The best way is to prove it for yourself. Claim the 100 free credits and make your own judgement.
legendary
Activity: 1022
Merit: 1001
Heads or tails? What ill it be?
Is this one fair?  It seems a simple coin toss would be easy enough to program to be fair.

Or does it make sure the player loses if the casino has been unlucky recently?

All the games are fair.

The casino has a 98% payout, so for every 100 credits bet, 98 are put back into the prize pool.
legendary
Activity: 1022
Merit: 1001
Whats your star sign?  Grin





legendary
Activity: 2940
Merit: 1333
Heads or tails? What ill it be?
Is this one fair?  It seems a simple coin toss would be easy enough to program to be fair.

Or does it make sure the player loses if the casino has been unlucky recently?
legendary
Activity: 1022
Merit: 1001
Heads or tails? What will it be?   Grin

 



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