Post
Topic
Board Gambling
Re: Hi, guys, I (NAKOWA) was beaten. Lost 5k BTC in two days (Still UP).
by
Peter R
on 27/09/2013, 17:36:25 UTC

Thus, I dare you to prove your strategy really works. If it really works you will be able to bankrupt the house. Its your money against mine, just play long enough until us or you go busto.

What do you say?

Since I don't believe we treated Nakowa fairly, I would be willing to take this a step further.  [But I doubt this will be popular among investors, and I don't know how difficult this would be to implement].

Subject to ONE PROVISION, I would be willing to credit Nakowa's account by an amount equal to all the losses he has taken since the change was made.  

HERE'S THE PROVISION: His funds are *locked* at JD until the total volume of his bets is twice* the bet volume of the voided sequence.  I.e., he must keep betting and cannot withdraw any funds until his total bet volume is high enough**.  


*the reason I am saying twice the volume is to account for the fact that had Nakowa's bets after the change been winning bets, then he would have likely kept his winnings happily.

**I guess he must also exceed the volume within 7 days or so, or he forfeits this back to the investors.

EDIT: I am assuming we lock his account after the credit such that his total locked balance is higher than the credited amount by some factor that we would negotiate.