http://cur.lv/cmtq
Is there really no house edge?
We offer games of chance where players compete against each other and not the house (casino). Games are truly zero-sum, i.e. the long-term expected value is zero, contrary to the expected loss in all regular casino games (roulette, craps, slots, etc). In addition, there are no hidden costs, and we charge no commission on deposits and withdrawals.
Can I trust you?
Our games are provably fair. When a game is created, we generate a random nonce and publish its SHA-256 hash. When this game is complete (all bets are made), we wait for the next Bitcoin block, and then concatenate its hash with the nonce's plaintext and use this value to determine the winner. This approach lets you to ensure that the Peerbet operator cannot possibly change the outcome of the game before it completes, or even to know its results ahead of time.
How long must I wait until the results of the game will be known?
To determine the winner we need to wait for the next Bitcoin block. On average, Bitcoin blocks are generated every ten minutes.
What is an instant mode?
In the instant mode results of the game will be known right after the last bet was made without waiting for the next Bitcoin block. However, in this mode it is impossible for us to prove that we have no possibility to know outcome of the game before it completes so enable it only if you trust Peerbet.
What currencies do you accept?
We accept only Bitcoin. To get started you can create an online wallet and get some free Bitcoins.
What measures do you take to protect Peerbet from hackers?
We store all our funds off-site on an encrypted HDD and have a backup copy. Every 24 hours we perform a backup of the database. Even if the server is hacked, no funds will be lost.
How long does it take for funds to be credited?
Funds are credited after one (1) confirmation is received.
How long does it take for withdrawals to be processed?
Withdrawals are being processed manually and payments are sent once a day in order to minimize transaction fees.
Spent total: 0.00522908 BTC
Won total: 0.097572 BTC
http://cur.lv/cmtq
