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(p.1)
Author
Topic: Somebody bet $7M worth of BTC... (Read 3677 times)
theonewhowaskazu
(OP)
Sr. Member
Offline
Activity: 448
Merit: 250
Somebody bet $7M worth of BTC...
January 26, 2014, 09:26:09 PM
#1
and lost? On 96.2% chance of winning?
https://just-dice.com/roll/152097271
WTF?
Isn't that like 20% of the bankroll of the entire site they just lost? How come the site's profit is still so low?
P
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E
D
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.
The Premier Bitcoin Gambling Experience:
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Bugpowder
Sr. Member
Offline
Activity: 394
Merit: 250
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 09:31:28 PM
#2
Quote from: theonewhowaskazu on January 26, 2014, 09:26:09 PM
and lost? On 96.2% chance of winning?
https://just-dice.com/roll/152097271
WTF?
Isn't that like 20% of the bankroll of the entire site they just lost? How come the site's profit is still so low?
That was mechs... he had bet his balance and won something like 50 times in a row and was up 6000BTC when he lost that roll.
Sutters Mill
Hero Member
Offline
Activity: 976
Merit: 575
Cryptophile at large
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 09:55:17 PM
#3
that guy must be GUTTED!
theonewhowaskazu
(OP)
Sr. Member
Offline
Activity: 448
Merit: 250
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 09:57:36 PM
#4
Quote from: Bugpowder on January 26, 2014, 09:31:28 PM
Quote from: theonewhowaskazu on January 26, 2014, 09:26:09 PM
and lost? On 96.2% chance of winning?
https://just-dice.com/roll/152097271
WTF?
Isn't that like 20% of the bankroll of the entire site they just lost? How come the site's profit is still so low?
That was mechs... he had bet his balance and won something like 50 times in a row and was up 6000BTC when he lost that roll.
So did I miss the daily profit being like -15% or something? Damn.
P
R
I
M
E
D
I
C
E
.
The Premier Bitcoin Gambling Experience:
Free BTC | Instant | Active Chat | #1 in Bitcoin Gambling
Cryptopher
Legendary
Offline
Activity: 1789
Merit: 1008
Keep it dense, yeah?
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 10:07:14 PM
#5
Quote from: Bugpowder on January 26, 2014, 09:31:28 PM
That was mechs... he had bet his balance and won something like 50 times in a row and was up 6000BTC when he lost that roll.
He went all in with 6k BTC? Geez, that is nuts. I bet the website owners are pretty chuffed though.
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Sutters Mill
Hero Member
Offline
Activity: 976
Merit: 575
Cryptophile at large
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 10:08:54 PM
#6
Quote from: Cryptopher on January 26, 2014, 10:07:14 PM
Quote from: Bugpowder on January 26, 2014, 09:31:28 PM
That was mechs... he had bet his balance and won something like 50 times in a row and was up 6000BTC when he lost that roll.
He went all in with 6k BTC? Geez, that is nuts. I bet the website owners are pretty chuffed though.
I thought that. They just made 7 mill in BTC!
whtchocla7e
Full Member
Offline
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 10:09:05 PM
#7
Gambling is always a gamble.
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Cheshyr
Full Member
Offline
Activity: 168
Merit: 100
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 10:26:02 PM
#8
On the date of that bet, BTC was about $200USD... so only 1.4M USD.
O.o
Holliday
Legendary
Offline
Activity: 1120
Merit: 1012
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 10:42:17 PM
#9
Quote from: Cheshyr on January 26, 2014, 10:26:02 PM
On the date of that bet, BTC was about $200USD... so only 1.4M USD.
O.o
Yeah, I was reading this thread thinking, "Again?"
If you aren't the sole controller of your private keys, you don't have any bitcoins.
DerKorb
Newbie
Offline
Activity: 19
Merit: 0
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 11:03:42 PM
#10
as he did win that money from the site before in a winning streak they did not realy "make" 6k btc that day. it was just a long series of probabilities ending in the expected outcome. the only money moved was his initial bet.
5thStreetResearch
Full Member
Offline
Activity: 126
Merit: 100
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 11:05:41 PM
#11
what a boss
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keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 11:13:02 PM
#12
Is that for real?
mistress_magpie
Full Member
Offline
Activity: 126
Merit: 100
Retired from the mistressing business
Re: Somebody bet $7M worth of BTC...
January 26, 2014, 11:13:22 PM
#13
Did the player ever make a comment about this anywhere?
1MEuWAgzeArG9sittnqhuTHkMtgvirZvuS
empoweoqwj
Hero Member
Offline
Activity: 518
Merit: 500
Re: Somebody bet $7M worth of BTC...
January 27, 2014, 02:56:06 AM
#14
Quote from: Sutters Mill on January 26, 2014, 09:55:17 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.
freedomno1
Legendary
Offline
Activity: 1848
Merit: 1096
Learning the troll avoidance button :)
Re: Somebody bet $7M worth of BTC...
January 27, 2014, 03:01:37 AM
#15
Well that seems amusing
Believing in Bitcoins and it's ability to change the world
cdog
Hero Member
Offline
Activity: 1036
Merit: 500
Re: Somebody bet $7M worth of BTC...
January 27, 2014, 03:02:00 AM
#16
Quote from: keithers on January 26, 2014, 11:13:02 PM
Is that for real?
quite possibly just a promotion but I have no idea
Caiapfas
Member
Offline
Activity: 112
Merit: 10
Re: Somebody bet $7M worth of BTC...
January 27, 2014, 03:03:20 AM
#17
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
If you liked my post or found anything I said useful send some coffee change to
BTC = 3LxtsmCjRDPD6oYYwz31dwFJW9ktUy1Yuz
kokojie
Legendary
Offline
Activity: 1806
Merit: 1003
Re: Somebody bet $7M worth of BTC...
January 27, 2014, 03:11:38 AM
#18
Quote from: Caiapfas on January 27, 2014, 03:03:20 AM
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"
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
empoweoqwj
Hero Member
Offline
Activity: 518
Merit: 500
Re: Somebody bet $7M worth of BTC...
January 27, 2014, 03:14:06 AM
#19
Quote from: kokojie on January 27, 2014, 03:11:38 AM
Quote from: Caiapfas on January 27, 2014, 03:03:20 AM
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.
bbit
Legendary
Offline
Activity: 1330
Merit: 1000
Bitcoin
Re: Somebody bet $7M worth of BTC...
January 27, 2014, 03:56:38 AM
#20
Quote from: whtchocla7e on January 26, 2014, 10:09:05 PM
Gambling is always a gamble.
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