Questions tagged [gambling]
The gambling tag has no usage guidance.
28
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How to deal with bitcoin/crypto volatility as an online casino?
Let's say an online casino has btc as a deposit and withdrawal method.
Assuming A player deposits 1 btc, plays and does neither win nor lose much and then cashes out the balance, which happens to be ...
CommunityBot
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2
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Security advise on setting up a gambling Bitcoin site
I have written a Bitcoin gambling site and am planning on the best approach to host it/manage it securely.
The site is implemented in Java using the BitcoinJ API and servlets etc are handled via the ...
CommunityBot
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3
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Where are Bitcoin online casinos hosted?
With a few Bitcoin-powered online casinos popping up every now and then, I am wondering where they are hosted and if they operate legally in the given area?
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1
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Why in crypto casinos payment is mainly in bitcoin? [closed]
Why in crypto casinos payment is mainly in bitcoin, ethereum, tron and other cryptocurrencies, but there is no payment in stablecoins? Isn't it more profitable to accept payments in usdt, usdc, busd? ...
CommunityBot
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Why can the race between the honest chain and an attacker chain be characterized as a Binomial Random Walk?
I am not familiar with Bitcoin, hope someone can tell me why. Thank you!
Let's consider the following scenario.
The probability of the attacker finds the next block is q and the probability of the ...
CommunityBot
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1
vote
0
answers
125
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Online wallet for betting / customer profile?
I am looking for a system that provides users with the option to deposit and withdraw BTC to a generated address.
Basically something that works like https://primedice.com/play and https://dicecoin....
3
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0
answers
77
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How does a game like Satoshi Dice avoid de-anonymizing users?
When considering games like satoshi dice or many other more typical online casino games, how do they handle awarding prizes? It seems like they pay back to the original input that sourced capital to ...
5
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1
answer
2k
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Why do transaction/blockchain based gambling sites use such complicated methods for proving fairness?
Doesn't the block hash or the transaction id provide enough entropy
(for example, by using block_hash % 37 to generate a random number between 0 and 36)?
Block Chain Roulette determines the lucky ...
8
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1
answer
793
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Are transaction hashes random?
Why does satoshidice have to re-hash the transaction details in order to determine your "lucky" number?
Are there no publicly viewable randomized numbers or hashes that are impossible for the sender ...
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2
answers
753
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Just-Dice or some other Gambling API?
Is there a gambling site where they expose an API for it? I want to build an application that leverages a crypto/bitcoin gambling site's bank roll. Just-dice seems to have the biggest bank roll to ...
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3
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3k
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How to implement a game like SatoshiDice?
Everyone knows what SatoshiDice is. Their core mechanic is gambling through the use of Bitcoin transactions with the payout being directly linked to the transaction that fuelled the bed to avoid ...
5
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1
answer
739
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Using Bitcoin contracts to run a betting site without the need for deposits?
There are a couple of bitcoin betting sites, but they all seem to require making a deposit with them. Is it possible to somehow use the Bitcoin contract system to establish a distributed betting pool? ...
1
vote
2
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92
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Accept bitcoin easily without strict terms of services?
I'm interested in starting a gambling site, it has been difficult to find an easy way to handle user funds.
Solutions such as Bitpay or Coinbase disallow usage for gambling.
BIP32 blockchain ...
- 5,646
3
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6
answers
803
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For US Tax purposes, is Bitcoin mining more like property, "work to solve a puzzle" or "winning a lottery"?
From a taxation perspective, I think it's important to clarify if running a Bitcoin mining operation is more like property exchange, labor to solve a puzzle, vs winning a lottery that runs every 10 ...
CommunityBot
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1
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Who is the programmer behind SatoshiDice?
I have talked with Erik Voorhees and I learned that he is not the person that programmed SatoshiDice. Does anyone know who is the developer behind this game is?
- 29.4k
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51
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Bitcoin user characteristic
I am starting with the execution of internet marketing activities for one Bitcoin gambling site that I owe, and I am trying to figure what best describes owners of bitcoin.
Are there any ...
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1
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Third party gambling
In my country of Norway online gambling is legal, but the banks are not permitted to transfer money to online gambling companies. So all transfers of money to online gambling sites are done thru third ...
CommunityBot
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0
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240
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Accessing certain parts from the 'listunspent' array
I am developing a web application in PHP. I wish to be able to detect incoming transactions whenever they come, by using the 'listunspent' Bitcoin JSON RPC call. As expected, a long list of ...
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5
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What provably fair Bitcoin gambling sites work well on a mobile?
Are there an Bitcoin-based gambling sites or apps that work on a mobile?
Most of the sites seem to be assuming the player is on a full size display.
If the service isn't considered "provably fair" ...
- 1,756
15
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6
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Which Bitcoin-powered gambling sites are "provably fair"?
Through the spread of Bitcoin for the purposes of online gambling, the concept of "provably fair" games came more into the limelight. Which of the Bitcoin-powered gambling websites are provably fair?
...
CommunityBot
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Provably fair unknown event time for Bitcoin gambling
I have a bitcoin lottery that is still in the prototype stage (bitsplit.it).
I believe that the game will be much more appealing, for certain reasons, if players (and the house) both don't know when ...
- 1,079
1
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1
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266
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What's needed to host a competitive game site
Let's say I wanted to host a site in which
users create their own accounts
they deposit bitcoins in said accounts
a commission of, say, 0.05% is kept of all the bitcoins that are deposited in the ...
- 5,134
3
votes
2
answers
868
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What is wrong with using hmac_sha512(block_hash, trans_id) as the resulting hash for a provably fair game?
Let's assume someone wants to make their own version of Satoshi Dice. Satoshi Dice states that the winning output of the game is determined in the following manner.
The lucky number used to ...
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2
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Is there a Bitcoin casino that is willing to collaborate on some economics research? [closed]
Am looking to collaborate with the owners of some of the online Bitcoin casinos. I am in the process of designing some behavioural experiments to test for biases in Bitcoin gamblers.
I will sign NDA ...
- 1,142
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4
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424
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Casino games using bitcoins [closed]
I have a new question about the ability to play and to use the bitcoin for that.
Can one play online casino games using the bitcoin currency ?
Thanks
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1
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282
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How to use block and transaction hashes for generating simple stochastic chances?
Many online Bitcoin gambling websites use the block chain info to prove fairness. Most of them use rather complex algorithms for this with pre-published secrets.
What most of them basically achieve: ...
CommunityBot
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9
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1
answer
2k
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How can a wager with SatoshiDICE be proven to be fair?
What steps will let a person manually verify that the DICE roll was fair?
- 854
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1
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Is there a reason SatoshiDice & BitLotto use 0.00543210 BTC, and not 1 satoshi, to customize pay-to addresses?
SatoshiDice and BitLotto allow players to customize where winnings are sent by including an extra 0.00543210 BTC payment to the desired address as part of the entry transaction.
Is there a technical ...
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