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    Heads or Tails....

    Gambling
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    • U
      UKMark last edited by

      In between other Dev work I have decided to hack up a quick Heads/Tails dice type game as follows:

      Odds = 50/50 & Provably Fair
      Win Payout = (Stake * 2) - 3%
      Lose Payout = Stake * 0.0005%

      So if you place 5FTC on Both Heads & Tails (in the same transaction/TXID) your return would be guaranteed to be:
      9.7FTC (Win result) + 0.0025FTC (Lose result) = 9.7025FTC (Total return)

      [b]To Play:[/b]

      [b][i]Bet Heads[/i]= 6heADSy5DLKTvtuWen2yheHz3BQ7J7qGEd[/b]

      [b] [i]Bet Tails[/i]= 6tAiLShMjxRLR2yLmbpx1fZwiH4URBBKXd[/b]

      [b]50/50 Fairness Provabiltiy:[/b]
      sha256 hash of the TXID for the placed bet
      first four hex bytes of the resultant sha256 hash
      hexidecimal to decimal conversion of the first four hex bytes
      If decimal value is an Even number - Result = Heads
      If decimal value is an Odd number - Result = Tails

      [color=red][b]Min Bet = 1 FTC[/b] [/color]
      [color=red][b]Max Bet = 25 FTC[/b] [/color]

      [b]NOTE:[/b] [i]If you bet outside of the stated Min/Max amounts above you WILL lose your stake!
      [/i]
      Payouts are pretty much instant due to :o 0 confirms.

      As with all Dice type games, please only send coins if the address you are sending from can receive them back, so for example the Feathercoin client will work 100% OK but the likes of BTC-E will not.

      I think I have covered just about everything above, if not feel free to ask any questions.

      Any problems with payouts (or lack thereof :D) please post below or PM me along with the TXID of your bet and I will investigate fully.

      Depending on the success/popularity of this I may decide to build a full dice game in the future.

      Good Luck! 8)

      ATB

      Mark

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      • ghostlander
        ghostlander Regular Member last edited by

        3% house edge? No, thanks :)

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        • M
          Markus1337 Regular Member last edited by

          [quote name=“ghostlander” post=“26303” timestamp=“1377510638”]
          3% house edge? No, thanks :)
          [/quote]

          Haha you’re funny, so you went on Satoshi Dice and saw a 1.9% you think everyone will use it? It’s very hard to get off the ground with only 1.9% house, if you remember that scammer who had ftcdice.com he charged 5% house fee and people still played.

          Instead of being so negative maybe give people a try because I’m sure he worked very hard to make it work and so that everyone with Feathercoins can use it. If you can make a better one with less house please go for it, otherwise keep your negativism to yourself. Thank you :)

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          • U
            UKMark last edited by

            2.975% actually :P

            I didn’t think it was that extortionate considering it was instant payout tbh. :-\
            But I am willing to listen & learn…
            OK, so what would you deem to be a [i]fair[/i] house fee? Both for punter and house?
            Bear in mind I am taking 100% of the risk of 0 confirms [i]not[/i] the punter!
            Also are there any other comparable games for FTC that you can point me to?

            Edit: Changed above percentage, it is actually lower than I originally thought. :o

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            • M
              Markus1337 Regular Member last edited by

              ftcdice.com 5%

              So you’re saying if I write to satoshidice they will lower to 0.5% ;D

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              • U
                UKMark last edited by

                [quote name=“Markus1337” post=“26314” timestamp=“1377516322”]
                ftcdice.com 5%

                So you’re saying if I write to satoshidice they will lower to 0.5% ;D
                [/quote]

                You can always try. :D
                If Ghostlander can provide me with a comparable service for FTC that beats my odds, is 100% provably fair and offers instant payout on 0 confirms, then I will match it! 8)

                1 Reply Last reply Reply Quote 0
                • U
                  UKMark last edited by

                  [quote name=“iawgoM” post=“26349” timestamp=“1377550875”]
                  Won 50 FTC, sorry UKMark ;D This is better than mining, lol!
                  [/quote]

                  Everyone is winning my coins today! :'(
                  And they say honesty is the best policy ::) ;D

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                  • J
                    Jmart last edited by

                    Pretty cool and works extremely fast.

                    1 Reply Last reply Reply Quote 0
                    • U
                      UKMark last edited by

                      [quote name=“Jmart” post=“26362” timestamp=“1377563712”]
                      Pretty cool and works extremely fast.
                      [/quote]

                      Thanks for feedback, glad you like! 8)

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                      • U
                        UKMark last edited by

                        Site will be down temporarily with intermittent service while I update the daemon with the new ACP version… I will post back when everything is good to go again!

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                        • U
                          UKMark last edited by

                          Ok, all good to go again! 8)

                          1 Reply Last reply Reply Quote 0
                          • M
                            meetrat1 last edited by

                            Nice idea, next step would be a catchy site to keep people playing.

                            1 Reply Last reply Reply Quote 0
                            • ghostlander
                              ghostlander Regular Member last edited by

                              [quote name=“UKMark” post=“26315” timestamp=“1377519127”]
                              [quote author=Markus1337 link=topic=3417.msg26314#msg26314 date=1377516322]
                              ftcdice.com 5%

                              So you’re saying if I write to satoshidice they will lower to 0.5% ;D
                              [/quote]

                              You can always try. :D
                              If Ghostlander can provide me with a comparable service for FTC that beats my odds, is 100% provably fair and offers instant payout on 0 confirms, then I will match it! 8)
                              [/quote]

                              I’m fine with Peerbet if I have too much BTC to spare :) BTW, they have 0% house edge.

                              [quote author=Markus1337 link=topic=3417.msg26308#msg26308 date=1377513264]
                              [quote author=ghostlander link=topic=3417.msg26303#msg26303 date=1377510638]
                              3% house edge? No, thanks :)
                              [/quote]

                              Haha you’re funny, so you went on Satoshi Dice and saw a 1.9% you think everyone will use it? It’s very hard to get off the ground with only 1.9% house, if you remember that scammer who had ftcdice.com he charged 5% house fee and people still played.

                              Instead of being so negative maybe give people a try because I’m sure he worked very hard to make it work and so that everyone with Feathercoins can use it. If you can make a better one with less house please go for it, otherwise keep your negativism to yourself. Thank you :)
                              [/quote]

                              All that nonsense about my negativism made me a good laugh :)

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                              • J
                                Jmart last edited by

                                ugh… lost 35 coins tonight in like 10 bets lol … Love the game wish me luck next time…

                                1 Reply Last reply Reply Quote 0
                                • U
                                  UKMark last edited by

                                  [quote name=“Jmart” post=“26994” timestamp=“1378085623”]
                                  ugh… lost 35 coins tonight in like 10 bets lol … Love the game wish me luck next time…
                                  [/quote]

                                  Thanks for playing jmart, hoping to get a simple website up and running to get more interest in this game with more people playing it will be easier to lower the fee’s, although I have no control over the luck side of things :), I am also working on another dice game with a few more chances to win, if you would like to test this then let me know and I’ll PM you the details, I’ll also send you a few coins for your troubles…

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                                  • U
                                    UKMark last edited by

                                    [color=red]All Games May Be Intermittent as I’m working on the back end…Will advise when OK to play again![/color]

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                                    • U
                                      UKMark last edited by

                                      [color=red]Site is currently being tested in closed BETA, will update with further details soon.[/color]

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                                      • C
                                        caryopsis last edited by

                                        Thanks for the game, let me know if you need some help testing the game still

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                                        • U
                                          UKMark last edited by

                                          [quote name=“caryopsis” post=“27602” timestamp=“1378661659”]
                                          Thanks for the game, let me know if you need some help testing the game still
                                          [/quote]

                                          Hay at last you manage to join us! :)
                                          I will pm you further details now. 8)

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                                          • U
                                            UKMark last edited by

                                            [quote name=“iawgoM” post=“27631” timestamp=“1378710010”]
                                            I believe this topic can be locked because “Heads / Tails” is now a part of this topic: http://forum.feathercoin.com/index.php?topic=3628.0
                                            [/quote]

                                            Good point :)
                                            Topic now locked.

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