About 36 hours ago I accidentally left a database entry of 1300 BTC in a user's account after cashing out his balance.  The database showed he had a balance of 1300 when he really had a balance of 0.

He (or someone using his account) bet and lost those fake 1300 BTC, making investors think they had profited by 1300 BTC, but there were no coins on site backing those 1300 BTC.

I rolled back those fake bets, so the investors are back where they were before those particular fake bets were made.

To complicate matters, I took the rolled-back amounts out of player balances where possible, not out of player investments.  So people think "OMG he stole my 5 BTC balance".  But what happened in that case is your balance is 5 BTC lower than it was, but your investment is 5 BTC higher than it was, so it balances out.  It was stupid of me to take it from balance, not from invested, but I don't see how to fix that now that some people will have already re-adjusted their holdings accordingly.

I agree; with any other casino or business, a 'roll back' is exactly what would have happened. Didn't mean to insinuate anything negative about you; the community was legitimately worried about the 'loss' and I'm glad that it's worked out well for everyone involved and no one's made a big fuss about it.

Oh I see!

I refunded it to your account.  Thanks.

Only one of the ten donations is left to be refunded.

Thanks

Me to.

I think that many users here that aren't very knowledgeable when it comes to development don't understand that all you're doing when you send BTC to his provided address(es) all that happens is your balance is updated in a database.  If the database weren't backed up or a server crash happened and he didn't have the balances of users, you'd all lose your balance.

All your balance is is a # in a database that can be changed at almost any given time. 

so basically, the current banking system

either way, how else are you supposed to make off-chain transactions? also most BTC exchanges don't work any differently...

celeste is crazy - taking the site balance from -1900 to +200 and all values in-between.

Will

Losing a week wage in 5 minutes, arrghh Celeste is a maniac... Anyway, the feature allowing investors to choose what part of their investment will people bet against would be very appreciated. I have done some simulations and the current setup means that if the site has bad luck and there are whales this crazy, we can all be down for months with a pretty decent probability. I mean, I don't mind, but I am sure there are more risk averse investors out there...