Post
Topic
Board Gambling
Re: Binary Options BTC/USD, LTC/USD, LTC/BTC * FREE PLAY * No registration *
by
pumpernick
on 22/09/2014, 19:35:21 UTC
Hey,

Well, 144 wins in a row look suspicios indeed. But what happened is much less specatacular than one might think. Your page just stopped acceptiing bets above 0.003BTC even though the page displayed a mex bet much higher than that. So I figured it would be ok to submit multiple bets at the same time to keep the game going. A bet in the range of 0.003-0.001 BTC is just not very thrilling. And I made sure not to bet more than the maximum bet at a time displayed on your page. Given that multiplayer it is still a nice streak but you must admit that the LTC/USD exchange rate was quite predicatble last week. And I lost far more than what I won.
However, when your page suddenly started to accept higher bets again I stopped submiting multiple bets at once and continued to bet normaly. But this time everything felt fishy and not that related to the actual exchange rate. Thats why I decided to check the outcome of bets on your site. To do this I wrote a simple app to fetch the trade log from BtcE, BitFinex and okCoin.cn (like explained on your site) and compared this to the three bets I posted above. And there is no doubt that the bet outcome is not backed by marked data.
There are better ways to cheat on undownbot.bz than actually betting for sure. The service is using a windows server running IIS and PHP. And the server time is off by a couple of houres. Which may also affect accuracy of bet outcomes. How do you evaluate the current exchange rate if you don't know the current time? The displayed exchange rates for LTC/USD and BTC/USD are also off by a tiny fraction. I think the service is not always using the latest CNY/USD exchange rate.

To my "real identity". I'm not a board kind of guy. In face, I do not even have an account on any other board except internal company boards. But this board is the only way to get in touch with you. Feel free to reveal my "real board identity" if you like. I think you are just trying to discredit me because you cheated on those bets.