HaxBet BETA: Bet with HaxCoins

[Patrik]

Are you working on getting some system to pay the bets out automatically? You shouldn't burden yourself with paying out all our bets manually Kuma.

[Kuma]

Are you working on getting some system to pay the bets out automatically? You shouldn't burden yourself with paying out all our bets manually Kuma.

It's pretty much automatic. I just have to press a button and it pays out all the bets.

[Joey Barton]

Who is bankrolling this organisation?

[EBUS]

These shouldn't count as they were bet during the match.

[Patrik]

They never made a profit ebus, look at the payout column

[geng]

i'm willing to give 100 haxcoins to a random who reps this..

becos well.. i fucking hate haxcoins and have no idea what they do.. so idgaf

---

NOP U R REP DIS 1 FOR 112 HAXCOINS.

U REP IT GOOD THOUGH NOT BAD BITCH

[Kuma]

A-League round 14 odds now up.

[Patrik]

Will you be posting the round 21 odds for barclay's league as well?

[jad]

I found some issues with haxbet tonight, which have obviously been noticed with haxbet shut down and some of the money made removed, but there is more to be done.

Issues
Haxbet accepted negative bets, which isn't a problem in and of itself as it just like being the bookmaker for the odds presented, however there was no limit on the amount that could be bet. That meant players were able to bet more than their bank balance, and become instant trillionaires. That money would be lost and more if they lost the bet, however you could create an alias account to make the bet then donate the money to others before the result was decided.

You were also able to bet on games not yet played, bank the money until then and then make a positive contra bet on the day of the game, but keep the interest made on the negative bet in the meantime. That's 20 billion a day on a 1 trillion bet, blowing the 25,000 haxcoin leader out of the water.

I also noticed haxbet accepted bets of 0.005 and below without deducting from your bank balance, but still showed a collect amount against the bet. Bets were limited to a collect of 10 million but a collect of 2.1 billion, 210 times that, regardless of the odds. Bank balances could not exceed 10 million, however the amount you put in the bank was deducted from your haxcoin balance despite only 10 million going into your account

Cleanup
Only Jad and Oomps managed to place negative or 3 decimal place bets before haxbet was closed down. Their bets are still showing on the Haxbet active bets page, so you can see the bets that were placed. These bets have not been removed, despite haxbet being shut down, suggesting they should not have been accepted.

The money made from these bets and subsequent donations have only been partially adjusted. See below the donations that were made:



The donations to Rvp, Swoozy, Maxie and Jad have not been reversed. The bank balances of Oomps, Jad (excluding the donations), Bronco and WestOz were all set to 0.00, as opposed to rolling back to the balances they had before the betting & donating. I had about 25,300, Bronco had about 2,000, I'm not sure about Oomps & WestOz.

Could you please set this right for everyone, possibly leaving a small reward for myself and Oomps for highlighting the flaws in the system. After all, "flawed map deserves"

[Winky]

That's nice jad but did you have to donate to others and make it harder for the admins to reverse your mess? And then you have the audacity to request a reward for exploiting the glitch.

I am both disgusted and shocked by your actions tonight and request that your formally apologize to the admins who have worked so hard to provide us with this refined betting system.