Crash gambling no bitcoin
Rocketpotвґs exclusively offers provably fair games which employ the use algorithms to determine outcomes, thus guaranteeing results are completely random and fair.
New online casinos to play for real money
Rocketpot offers three different prizes to increase your chances to win big
Multiply your bitcoin
Watch your bitcoins multiply
Rocketpot is a bitcoin casino game. Place a bet and watch your bitcoins multiply! Cash out anytime to get your bet multiplied by that multiplier - but make sure to do it before the rocket crashes.
Hunt the jackpots
Every round brings you the chance to win one of the jackpots! If the rocket doesnвђ™t crash before the 75x multiplier you have a chance to win the jackpot regardless whether you cashed out before or not.
Roll the dice
Our new dice game gives you the possibility to place streaks of bets with super fast outcomes. Choose a number that you predict the dice roll will land - over or under - place a wager and see if you won!
Level up to unlock rewards
Every bet placed on rocketpot counts as experience points towards levelling up. Each level unlocks a prize chest for you that contains guaranteed rewards. The chests are provably fair and the prizes values increase with every level, culminating with guaranteed lamborghini at the end of your journey!
Play with friends
Play with friends in real-time & see who can HODL the longest! All the players participate in the same live round and can see how they fared against each other on the leaderboard.
Bet on the house
You can also multiply your bitcoin by investing in the rocketpot bankroll! By participating in the bankroll - which is used to pay out winning players - you essentially bet on the house, giving you a % of the house profits. Because rocketpotвђ™s risk management policy includes adjusting for the kelly criterion, a larger bankroll enables us to increase the maximum bet.
Security (nerd alert!)
Provably fair
Rocketpot is a provably fair bitcoin gambling game. Itвђ™s a win-win because the players know the house canвђ™t cheat and the house gains confidence that all wins are legitimate! Click here for more information on our provably fair system.
Multisig cold storage
The majority of the funds are securely held in cold storage with keys held by multiple signatories, making it considerably safer against hacks, theft or otherwise loss.
To the moon with rocketpotвђ™s bitcoin casino crash game
Welcome to rocketpot, the best bitcoin casino crash game online!
Fasten your seat belts and countdown to liftoff. Try your luck as you clear the skies on a quest for bitcoin rewards! And then watch moments later as the rockets go out in a crash of bountiful explosions!
Getting started with rocketpot
Want to enjoy some outer space action?
Signing up to use rocketpotвђ™s online casino is an easy and streamlined process. You just need to click on the sign-up button from the drop down menu on the upper right corner of the screen, from then on you can then choose to join using a google or facebook account, or create a unique login using your email address.
Hit the jackpot playing rocketpot
Rocketpot offers three different prizes to increase your chances to win big
These popular rewards are triggered once the multiplier reaches a corresponding threshold. The first jackpot round is triggered at 75x and is called the casino's mini jackpot. It is followed by the major jackpot, which gets triggered when the multiplier reaches 1,250x and the mega jackpot, which is triggered at 5,000x. Whenever an activation threshold is reached, one lucky player gets to spin the wheel for a chance to win a bitcoin jackpot!
Why use rocketpot?
Rocketpotвґs exclusively offers provably fair games which employ the use algorithms to determine outcomes, thus guaranteeing results are completely random and fair.
They are randomly generated prior to each game and they are based on hashes from the bitcoin ledger. The block for a hash is announced before the block is mined, ensuring that the numbers contained within the hash are completely random and verifiable.
Bitcoin crash games
The original bitcoin gambling game
With plenty of bitcoin casinos and crypto games coming up every month, it’s clear that bitcoin gambling’s popularity isn’t going down anytime soon.
Bitcoin crash is one of the exciting new additions to our list of the best bitcoin games. It is not only an incredibly easy game to learn but it also offers plenty of opportunities to win.
How does this game work and how can you maximize your potential to make gains? Read on to find out everything you need to know about bitcoin crash.
How to choose a bitcoin crash site
Given the popularity of the bitcoin crash game, there are countless bitcoin casinos offering it.
So, how can you choose the best one and enjoy the most rewarding gaming experience? Take a look at some of the aspects you need to consider:
Design and usability
The design of the bitcoin casino you choose to play at will have a significant impact on your gaming experience.
From the layout, you can usually tell whether or not the casino site is intuitive. Now that you have an idea of what the game entails, do you know a bitcoin casino site that seems to offer all necessary tabs at a glance? If yes, then you should give that casino site a try.
Functionality
Does the casino site provide stats and a leaderboard? Are you able to view your betting history? Is there a tipping functionality? Having access to these details can come in handy when planning your strategy.
While we are still on functionality, take a moment to check the site performance. Are there any time lapses or is it smooth and seamless? Since this could make a difference between a win and a loss, make sure your chosen bitcoin casino offers impeccable performance.
Mobile access
Is the site mobile-friendly? What mobile operating systems does it support?
The simplicity of bitcoin crash makes it a great game for playing on the go or while waiting in line. It would be best to sign up on a crypto casino that supports mobile use.
Bitcoin crash casinos
Play bitcoin crash at any of the casinos listed below. All of these casinos accept bitcoin deposits and withdrawals. So what are you waiting for? Find the best casino and start playing this timeless bitcoin gambling game!
Thebitcoinstrip.Com thoroughly reviews the casinos listed on this website as a means to provide accurate and valuable information to its readers. To continue providing free access to the public, this website accepts commission payments from some of the casino operators shown below. However, we do not accept direct payments for casino ratings.
Welcome offer
Enter the bonus code in chat and have 5000 JB credited. Click "free spin" to spin the wheel!
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
Get a total of $100 USD in reloads for depositing more than $100 on stake. The reload will consist of $2.5 per day, spread across 40 days that can be claimed with a simple click of a button on the site. This bonus does not have any strings attached, no turnover requirements or anything like that. Deposit more than $100, and you can claim $2.5 per day during 40 days. Conditions: total deposit amount has to be higher than $100 (the equivalent in crypto at that time). Player has to have the email verified. Only one bonus per person
18+. Full T&cs apply. Please gamble responsibly.
12 bespoke games, all uniquely designed fun and charming design style with experience points and rewards 24/7 live support offers casino and sport
First deposit
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
The more you bet the more points you earn
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Welcome offer
Click here to enter :https://gleam.Io/jyaxj/roobet-x-the-bitcoin-strip-1000-giveaway
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500+ slots live blackjack provably fair up to 15% cashback on each spin multiple house games live chat
Welcome offer
Paid out in increments of 10% of bets. Bonus to be rolled-over on bets with a multiplier of x1.1
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
This is the internal currency that you can exchange for various gifts and use to maintain the gameplay.
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
18+. Full T&cs apply. Please gamble responsibly.
First deposit
18+. Full T&cs apply. Please gamble responsibly.
First deposit
Use bonus code PLUS5 to get +5% on your first deposit
Wager requirement: 2x deposit
18+. Full T&cs apply. Please gamble responsibly.
Bitcoin crash
bonuses & codes
Like most online gambling platforms, bitcoin crash sites offer alluring promotions to keep players coming back.
Here are some of the common offers you may come across:
Jackpots
Players can compete for huge jackpots on these sites. The requirements for such jackpots differ but the one thing they have in common is the big opportunity to win. They may be available on every round or periodically.
Deposit matches
This is another common type of promotion where the casino offers to match your deposit to a certain limit. While you cannot withdraw the bonus, you can use it to get some worthwhile wins.
Bitcoin faucets and rain
Bitcoin faucets and rain are usually available on community forums and basically offer an opportunity to get some free crypto.
Top 8 bitcoin crash bonuses
Thebitcoinstrip.Com thoroughly reviews the casinos listed on this website as a means to provide accurate and valuable information to its readers. To continue providing free access to the public, this website accepts commission payments from some of the casino operators shown below. However, we do not accept direct payments for casino ratings.
Welcome offer
Get a total of $100 USD in reloads for depositing more than $100 on stake. The reload will consist of $2.5 per day, spread across 40 days that can be claimed with a simple click of a button on the site. This bonus does not have any strings attached, no turnover requirements or anything like that. Deposit more than $100, and you can claim $2.5 per day during 40 days. Conditions: total deposit amount has to be higher than $100 (the equivalent in crypto at that time). Player has to have the email verified. Only one bonus per person
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
Keep checking stakes promotions as every week there are new and exciting challenges to win free money
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
Place a bet on qualifying darts matches, and earn DOUBLE WINNINGS if your selection also records the match treble
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
Free crypto every 6 hours
18+. Full T&cs apply. Please gamble responsibly.
First deposit
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
6 players are rewarded every 6 hours
18+. Full T&cs apply. Please gamble responsibly.
Welcome offer
Enter the bonus code in chat and have 5000 JB credited. Click "free spin" to spin the wheel!
18+. Full T&cs apply. Please gamble responsibly.
Skip ahead
- Bitcoin crash casinos
- Bonuses
- What is bitcoin crash?
- Features
- How to play
- Example games
- Bustabit
- Nanogames
- Crashbtc
- Top rated crash games
- Information & strategy
- What is the house edge for bitcoin crash?
- What is the maximum you can win in a crash game?
- How to beat bitcoin crash
- Pros and cons of playing bitcoin crash
- Bitcoin crash strategy & tips
- How do I know if a bitcoin crash site is legit?
- Final thoughts
- Faqs
Bitcoin crash
what is bitcoin crash?
Bitcoin crash is one of the hottest cryptocurrency games right now. It is an online multiplayer game that works on a money pot concept. First offered by bustabit.Com, it has risen to popularity due to its adrenaline-pumping thrill. Moreover, it offers a high potential for profitability.
Since the game is built on blockchain technology, it makes use of the technology to ensure random crashes. The use of this technology does not only facilitate randomness but also makes it possible for individual players to verify the outcome.
Furthermore, it ensures fast payment processing and players have far better control over their winnings.
Bitcoin crash
features
Take a look at some of the key features of bitcoin crash:
Multiplier concept
What makes it particularly exhilarating is a rising curve that can crash at any moment. The curve features a multiplier that increases from x1.00. All you need to do is place a bet then sit back and watch the curve rise.
You can cash out at any moment and your reward will be the product of your bet and the multiplier (bet x multiplier). However, in order to win, you have to cash out before the random crashing of the curve, which ends the round.
The best part is that everyone who manages to cash out before the crash wins. But if you are among those who wait too long, then you forfeit your winnings. At times, the curve crashes as soon as the game begins and everyone loses. Other times, it may seem to go on indefinitely.
Becoming part of the bankroll
It is also possible to grow your bitcoin fortunes by becoming part of the bitcoin crash bankroll. The bankroll refers to the money pool a bitcoin casino uses to pay out winners.
If you become part of it, when the casino makes a profit, you also get a portion of it. The idea behind the bankroll concept is to give the casino a bigger limit for the maximum bet.
Autobet
One of the best features of the bitcoin crash game is the autobet provision. To use this feature, you will need to set a base bet, which refers to the amount you want to use to start betting. Next, you’ll decide how you want to play the game.
For instance, you could set an increasing bet amount or keep all amounts identical. You could also decide to increase the amount every time you win and decrease it after every loss. Under autobet, you can limit the maximum size of your bets and set the number of bets you want to place.
Auto cashout
Exiting the game is not always easy, particularly when you imagine how high the multiplier can go. To minimize your potential for loss, you can opt to use the auto-cashout feature. Basically, this allows you to exit the game at a fixed point.
For example, you could set your exit point at 5x. If the game does not crash before them, you will automatically cash out at that point with your winnings in hand. Through this feature, you can sit back and enjoy watching your strategy play out.
Bitcoin crash
how to play
A bitcoin crash game being played at stake.Com
Learning how to pay bitcoin crash does not involve a steep learning curve. In fact, once you understand the basics of how it all works, you will be good to go.
The concept is extremely simple. Players place a bet then watch the curve go up with multiplier increases. Gamblers can then cash out any time to get their bet multiplied by that multiplier. The trick is to cash out before the curve randomly crashes, ending the round. The players that cashed out on time get paid depending on the value the multiplier they had before they opted out. For those not so lucky they forfeit their potential winnings. It can also happen that the game fails as soon as it starts, causing everyone to lose instantly, but it could also potentially fail to crash.
We’ve broken it down into three steps, take a look:
Before the game
Before a game begins, you should probably take a moment to check out other players’ activities. At what point have they been exiting previous games? What are the average bet sizes?
Once you get an idea of what everyone else is up to, select the amount you want to bet. If you would like to automate the process, set the multiplier and then place your wager.
During the game
The game is pretty fast-paced and there is no betting once the curve starts to rise. If you already set your multiplier limit, all you have to do is sit back, watch and wait. But if you did not, you should be looking for an opportunity to cash out.
Remember, the longer you wait, the higher it goes and the higher your potential winnings. At the same time though, the chances of a crash increase as time passes. Choose your limit and opt out.
Crash!
Once it crashes, you cannot salvage your fortune. If you cash out in time, you will get your winnings amounting to the bet amount multiplied by the multiplier at the time you cashed out. But if you wait too long, you’ll lose and need to wait for the next round.
All in all, timing is everything in bitcoin crash. In case you happen to opt out at the very last moment just before the crash, you will get the highest possible winnings of the round.
Bitcoin crash
example games
While bustabit.Com was the original bitcoin crash site and remains one of the top offerings, there have been a few more that have come on to the scene to offer even more adrenaline-charged gambling action.
Bustabit
Bustabit.Com, as we mentioned was the trailblazer for bitcoin crash game. The site provides plenty of gambling fun whether gamblers are betting big or small. The game never fails to provide thrills. The chat box is active and friendly.
Bustabit is fast-paced action and quick crashes make for a very exciting game. The site also allows players to bring the house edge down to zero. With an active administrator, the game is rapidly growing and being extended upon. The best features also include a razor-thin house edge.
Bustabit's famous crash game
Nanogames
Nanogames.Io is a provably fair crash game using bitcoin and a few other currencies. It guarantees fast deposits and withdraws, along with live support standing by to help 24/7. They also provide contact through their discord server or via a support ticket.
There are extremely high multipliers exceeding 10000x which indicates that wins could potentially be astronomical in size. In the chat of the site, you can access a script to calculate probabilities, median, longest streaks and all kinds of other statistics, etc. Which can be useful if you want to bet with a certain strategy. The site also offers a faucet to earn cryptocurrency.
Crashbtc
Crashbtc offers real-time play for gambling fundi’s. Interested parties will also find their strategy guide an added bonus to maximize bitcoin winning opportunities as well as a keen house edge. They also reward 3 bits (a bit is a millionth of a bitcoin or 100satoshis) every hour for free.
The casino accepts deposits in bitcoin and the money will be instantly available. In terms of withdrawals, smaller withdrawals are instant, while larger ones can take up to 24 hours to process.
The site has a betting limit of 1 000 000 bits and there is a bonus for the last player to crash out in time.
Bitcoin crash
top rated crash games
We have rated and reviewed a huge list of bitcoin crash games. Some of the very best reviews can be found in the list below:
- Stake
- Trustdice
- BC game
- Gamdom
- Gamdom
- Thunderpick
- Onehash
- Roobet
- Rocketpot.Io
- Richprize casino
- Tower.Bet
- Edgeless
- Crashbtc
- Forest.Bet
- Satoshihill casino
Bitcoin crash
information & strategy
What is the house edge for bitcoin crash?
Typically, the house edge for bitcoin crash is 1%, though it may vary from one bitcoin casino to the other. For casinos that offer 1%, that would mean 1% is in favor of the house, and 99% in your favor.
This is what makes provably fair games like bitcoin crash so alluring.
What is the maximum you can win in a crash game?
The maximum amount you can win is unpredictable. On most crypto casinos offering the game, the highest multiplier ever reached is 500x. Consider this, if you had placed a wager of $10 and the multiplier went to 500x, you would be taking home $5,000.
Note, however, that 500x only seems to be the highest multiplier for now. In the real sense, the sky is literally the limit.
How to beat bitcoin crash
Beating bitcoin crash has a lot to do with odds. If gamblers are playing by themselves against the computer or against a host of other players, they have a 1% chance of busting instantly as the round starts.
Many versions of this game offer bonuses, which is usually the house edge (1%) of the total amount wagered. This bonus is usually rewarded to the last gambler to withdraw before the crash. Should that player be the only aggressive player it could be extremely rewarding.
However, if there are several fervent players a good idea is to consider exiting slightly early hoping that the others will bust, thereby landing with the bonus. This is considered intuitive gambling. It can be tricky to pull off as it is all about timing as there will still be players that are going to give up a lot earlier, and they could end up with pool if the gambler holding out goes bust but if the gambler gives up their hand and take the winnings there is also the possibility that a more tenacious player will take the prize.
Pros and cons of playing bitcoin crash
Social availability
the bitcoin crash game has already created a massive following in crypto circles. As such, you will find an active player community on most crypto casino sites and enjoy lively conversation round the clock.
It is also a multiplayer game so you can easily make friends in-game.
Variety of currency accepted
notably, the bitcoin crash game is not limited to the use of BTC. Depending on the casino site where you sign up, you can play it using a variety of cryptocurrencies.
House edge
as noted earlier, the typical house edge for this game is usually 1%. It is therefore one of the lowest you can find on any crypto game. This greatly increases your chances of securing wins, which is great news for any gambler.
Fairness
bitcoin crash is a blockchain-based game that works on a provably fair model. This means players can confirm the fairness of each round using the blockchain network.
Highly addictive
the bitcoin crash game is extremely easy to learn, fast-paced, thrilling and fun. It offers plenty of opportunities to win. And when you lose, it is only a matter of time before you can recoup your losses. These features make it highly addictive and you may not notice the passing of time when playing.
Bitcoin crash strategy & tips
Keep in mind that bitcoin crash is a risk vs. Rewards game. The higher the level of risk you are willing to take, the higher the potential win.
To make your gaming experience worthwhile, consider the following tips:
Banking bonuses
Always take advantage of banking bonuses when you sign up on a crypto casino.
The banking bonus offers a great opportunity to make profits with little risk. On most sites, you will get a matched deposit bonus on your first deposit. Make this work to your advantage to maximize your gains.
Recovery strategy
Have a strategy in place at all times for recovering your losses, rather than simply leaving things to chance.
For instance, using the martingale betting system, after you lose one round, you can decide to increase your bet. The idea here is to ensure that when you eventually win, two things will happen. First, you will recover the losses, and second, you may actually make a profit.
You can set a specific percentage by which you will increase the bets. Once you win, then you go back to the lowest betting amount. However, to use this strategy, you will need to have a large bankroll. That way, no matter how many times you lose, your funds will not run dry and you can keep at it until you eventually win.
Have fun
Finally, it is a game of chance. So no matter how well you strategize, things can go either way.
Focus on having fun and the rest will fall into place. Make new friends in the community, take crazy chances once in a while and do something out of the ordinary to make the experience fun.
How do I know if a bitcoin crash site is legit?
There are some factors that can help you identify legit bitcoin crash sites. Take a look at some of them:
Security features
Legit casino sites offer a combination of security features to protect their users’ data. One of the common security features is the two-factor authentication feature during login and cashout.
Privacy features
For privacy-centric players, they can use sites that do not require any personal information during the signup process. Not only does this offer an opportunity to play anonymously, but it also means that there is no personal data that can be used tracking players.
Provably fair
A majority of bitcoin crash sites offer provably fair gaming. After all, the game is based on blockchain technology and as such provides an opportunity to support the feature.
Blockchain technology is characterized by a decentralized, shared ledger system. Therefore, all the details of a blockchain game are visible to players on the said ledger.
Community support
Legit sites typically have active player communities and a great reputation on crypto forums. Take time to assess what the crypto community has to say on a casino site before committing funds.
Licenses
Legit gaming sites operate under licensing from authorities such as curacao egaming, malta, gibraltar and others. Check on the bottom of the homepage to confirm their regulatory status.
Bitcoin crash
final thoughts
There is a lot to love about bitcoin crash. It is easy to learn, though some will say that it takes a lifetime to master.
But during the time you spend trying to master it, you have the opportunity to enjoy lots of easy wins. To get a shot at that, make sure to craft a workable strategy and stick to it. Have fun gaming!
Bitcoin crash
faqs
are crash games provably fair?
Bitcoin crash gambling sites use a specific algorithm to recreate the outcome, thus proving that it was indeed random. The algorithm usually takes hashes from both the server and the client base and runs them through to reach a conclusion.
how much can you win playing bitcoin crash?
There is no real limit. It all depends on how big the bet and how much conviction the gambler is playing with as well as predicting the perfect time to opt out. The gambler who opts out closest to the curve crashing wins the healthiest amount of money.
Site servers will sometimes automatically cash out, forcing an early win, if facing a certain loss percentage of the bankroll.
what crash games have the best RTP?
These games tend to offer a very good RTP as their house edge is so marginal. The sites can have as much as 99.9% RTP. The lower the house edge the higher the RTP generally.
Crash gambling no bitcoin
Place a bet. Watch the multiplier increase from 1x upwards! Cash out any time to get your bet multiplied by that multiplier. But be careful because the game can bust at any time, and you'll get nothing!
A bit is a millionth of a bitcoin or 100 satoshis. At the time of this writing, a single bit is worth roughly $0.0003 USD. You are able to deposit and withdraw bits at any time by going to your account page.
How can I get free bits?
Every hour during our promotional period we give free bits on your account page. We do this so that you may test and enjoy the game without any commitment. There are no strings attached, you may withdraw this money.
Deposits
You will need to transfer bitcoins to the deposit address on your account page. If you do not have any bitcoins, we can recommend coinbase if you are in the US (although the registration process is lengthy). Another great option is localbitcoins.Com, which lists traders in your area willing to sell (or buy) bitcoins. You can also search online to see if there are any bitcoin atms near you. And remember, you can withdraw directly to the bitcoin address on your account page!
How long is the deposit address valid?
It is permanently attached to your account. You can save it, or use it for automatic funding, or whatever else you like. All payments to this address will be automatically credited to your account.
How long do deposits take to be credited?
We instantly credit accounts upon a single confirmation, which on average is approximately 10 minutes from the time of the transaction.
How do I withdraw bits?
On your account page, you can transfer bits to any bitcoin address you want. Small withdrawals (i.E. Smaller than the balance of our hot-wallet) are processed instantly and you will be given the transaction ID immediately.
Larger withdrawals will be shown in your withdrawal page as "PENDING" and will require us to manually remove sufficient funds from our cold storage. Usually this process will take less than two hours, but may take up to 24 hours, depending on the time of day and other circumstances.
We remove 50 bits (about 0.05 USD) from any withdrawal amount to cover mining fees. We charge this amount regardless of the actual mining fees attached to the transaction, which may be more or less than this, depending on the block competition at the time of your withdrawal.
Withdrawals must be in increments of 1 bit (100 satoshis), with a minimum withdrawal of 120 bits (of which 50 bits goes towards the mining fee). As required, we will chip in our own money to help expedite confirmation time, such that we typically pay 100 bits in mining fees, despite charging you only 50 bits.
Gross profit refers to the sum of the profit from each game you've played without considering your loses.
Upon detecting that you have disconnected we cash you out (assuming the game is still in progress). Regardless of whether your client is connected or not, the auto cash-out feature will work as expected (it happens on the server), and we highly recommend you use it if internet reliability or performance is a concern.
How high can the game go?
There's no real limit! However, if during a game we ever are facing a net loss of 3% of the bankroll or greater, the server will automatically cash out all players still in the game, forcing them to enjoy an early win and a sizeable profit. You can see in game what the current max win is (in the bottom right of the chart)
What is the most I can bet?
We currently have a bet limit of 1,000,000 bits.
The bonus is a special prize that is awarded to the last people to cash out before the game busted. Getting the bonus is critical to skillful playing of crashbtc, as it is the only way to overcome house odds.
1% of each player's stake goes into the bonus pot. So if there are 4 players, betting 400, 300, 200, and 100, there will be 10 bits in the pot. If the biggest player wins, he gets the whole pot. The site works out the rate he would be getting if he won, ie. 400 bits bet gives 10 bits bonus - or 1/40th bonus per bit bet. It then applies the same rate to whoever actually wins.
So if the 100 bit player wins, he gets 1/40th of 100, or 2.5 bits. That leaves 7.5 bits in the pot, which goes to the next best placing player(s).
Suppose the 200 bit player comes 2nd. He is due 1/40th of 200, or 5 bits. There are still 7.5 bits in the pot, so he gets the full 5 bits he is due - the same as if he had come in 1st place.
Suppose the 300 bit player comes 3rd. He's due 7.5 bits (300/40) but there are only 2.5 bits left in the pot, so he gets those and that's all. There's nothing left for the 4th or worse place players.
1% of games will instant bust (0x) and no bonuses will be awarded, all other games have bonuses equal to 1% of the amount wagered.
Fairness
The house margin is scaled between 0 and 1 %, depending on how long you hold. An additional 1 % is effectively taken from every bet and put into the bonus pool, which is distributed in its entirety every game. As a consequence, skilless or random play has—at worst—an expected return of -2 %, but it is possible to overcome the house margin by skillfully getting bonuses.
The numbers are baked into the game, so you never need to worry about it. We do not have a fixed house margin, as this would prevent highly conservative play (e.G. If you were only attempting to make $2 in a $100 game, a house margin of 1 % would be 50 % of your potential profits!). Our unique formula makes it fair for both highly conservative play (cash out early) and highly aggressive play (hold until you're a millionaire). All games are provably fair.
The exact formula for the houses expected return is:
1 % * (intendedcashout - roomamount) * (roomamount / intendedcashout)
but to really get a good sense of how this affects you, please use our handy odds calculator.
The other important thing to keep in mind is that every game has a 1 % chance of instantly busting. We do not make any money on it, but rather use this to fund the bonus scheme. This is an important consideration to make if you are playing in such a way that you never win the bonus.
How is the game bust calculated? It basically does three things.
First, it mixes the hash with the clientseed (decided by the provably fair seeding event) using hmac-sha256
Secondly it gives a 1 in 101 chance of instant busting
Third, it works out what the multiplier would be if there was no house edge.
Fourth, it takes 1% off the multiplier and adds on 0.01x:
So half the time (other than 0x bust which we can ignore because they pay for themselves with the bonus) the multiplier will be 1.99x or more.
That means if we bet 1.99x we have a 50% chance of winning (again, ignoring 0x busts), and so the house edge is:
100 - (1.99 * 50) = 100 - 99.5 = 0.5%
The extra 0.01 that gets added on to the multiplier is half of the 1% that was taken off in this case, leaving the house edge at 0.5%. As the multiplier gets bigger, the 1% that is taken off gets bigger, and the 0.01x that gets added on becomes less and less significant, causing the house edge to tend to 1%
How to verify the game results?
There are already 3rd party scripts to verify the game hashes and to calculate the results like this jsfiddle.
What happens when the server forces people to cash out?
Under some circumstances the server will force people to cash out. The most common reason is that the game multiplier has gotten so large that we are risking too much of our bankroll (10 % or more). Another possible reason is unexpected server problems. If more than one person in a game is affected by the forced cash-out, we allocate the last cash-out bonus to a random player.
Do you have gambling addiction?
Gambling addiction, also known as compulsive gambling, is a type of impulse-control disorder. Compulsive gamblers can’t control the impulse to gamble, even when they know their gambling is hurting themselves or their loved ones. Gambling is all they can think about and all they want to do, no matter the consequences. Compulsive gamblers keep gambling whether they’re up or down, broke or flush, happy or depressed. Even when they know the odds are against them, even when they can’t afford to lose, people with a gambling addiction can’t “stay off the bet.”
Gamblers can have a problem, however, without being totally out of control. Problem gambling is any gambling behavior that disrupts your life. If you’re preoccupied with gambling, spending more and more time and money on it, chasing losses, or gambling despite serious consequences, you have a gambling problem.
If you think you have this problem please visit one of these sites to get assistance:
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