Sorry about that... wanted to get attention to our cool new concept... and in fact, I did play and win 0.04BTC, and in fact, I did not think of this myself (my partners did)... but the point is - nor I (even with my control of the site), nor anyone else, can really cheat here... I would be taking the same risk as anyone else if I send in money, and I have the same chances as everyone else to win.

That's how elegant the idea is. Even I can play and I wouldn't have an advantage over the others.

Anyway, we're working on more functionality all the time. The clock that Joohansson mentioned is apparently a bug, but you can be sure that the actual time the system uses is taken directly from the blockchain.info API. The time displayed in your browser is client side, and is to give the user indication of the length of the block. All transactions are validated, and the winner is determined by the server.

Obviously, all this is on the blockchain, so it's all there for everyone to double-check. We have no intention of cheating, nor the possibility (as funds are released at the end of every round). We're smart enough to realize that if this turns out to be popular, the best bet for us is to keep it honest.

So thanks for playing, come back again... you'll see more cool stuff then.