Satoshi Nonce is like a lottery game but instead of drawing lots or getting the number results through scrambled numbered balls, the game uses blockchain nonce numbers. It’s an excellent idea for a BTC gambling site. The results really bound to be fair. Although the game is simple and the site looks a little dated, you get a game that is provably fair and enjoyable at the same time.
Simply put, a blockchain nonce is a unique random number that is used by miners to create a new valid block of the bitcoin blockchain. This number cannot be predicted. It does not follow a pattern. As such, it is a good number to place bets on. There is no possibility for cheating as the game is as secure and trustworthy as the bitcoin system you will be using to place bets and earn prizes.
Satoshi Nonce features two games. These are Game 0-9 and Game 00-99. These are all games that rely on blockchain nonce numbers for their results.
In Game 0-9, you need to pick a number from 0 to 9 by typing the number on the field in the game’s interface or by using the number slider or the + and – buttons at the opposite tips of the number slider. You then have to choose your bet: Over or Under. The payouts (the multipliers in the Over and Under buttons), by the way, automatically adjust as you choose a number for the game. As you click your bet, a modal window will then appear, indicating the bitcoin wallet address to where you should send your bet. Your bet should be at least 0.001 BTC and a maximum of 0.1 BTC. A network fee of 0.0001 BTC will be charged for the transaction.
You have the option to go to the Bets tab to find your bet and optionally put a mark (star) on it.
After sending your bet to the address indicated, you then have to wait for the transaction to have 1 confirmation. Obviously, you need to wait for the confirmation since the result of the game will be based on the transaction’s blockchain nonce number. The result will be based on the last digit of the nonce number of the block where the bet you sent is included.
Payout will be immediate. It is made after 1 confirmation.
The other game on Satoshi Nonce, Game 00-99, is similar to Game 0-9. The minimum and maximum bet amounts are the same. The process of playing is likewise identical. However, it is different in the betting aspect. Instead of choosing a number and betting Over or Under, you will have to bet on a specific number or a specific number set. Yes, there are two ways to bet here.
If you bet on a specific number, your payout is set at 98.00x of your bet amount. If you bet on a number set, the payout is at 19.600x of your bet amount. Obviously, the prize for the specific number bet (00-99) is higher because your probability of picking the right number is pegged at 1/100, whereas for the number set betting, you only have to choose from 20 sets or a probability of 1/20. The numbers you can bet on for the number set betting on Game 00-99 are grouped into 20 “numbers” (5 numbers in every “number”). These numbers are 00-04, 05-09, 10-14, 15-19, 20-24, 25-29, etcetera.
To bet on a specific number (00-99), you will use the number slider and click on the red button that indicates the number you have chosen to place your bet. To bet on a number set, just go to the lower portion of the game interface and click on the number set you want to bet on.
Again, just like in Game 0-9, you need to have 1 confirmation after sending your bet to the bitcoin wallet address indicated on the game. The game result will be based on the last 2 digits.
If you win, your prize will be immediately sent to you through the same bitcoin wallet address you used for sending your bet.
IMPORTANT: You cannot use shared wallets to play on Satoshi Nonce. You can’t also use Coinbase, Bitstamp, BTC-e wallets, and other kinds of wallets that don’t give you control over your bitcoin keys.
Satoshi Nonce only uses bitcoins for the games. The bitcoins are presented in the BTC denomination on the site so be ready to encounter a lot of decimal points.
There are no deposits on this site. You can’t do a bulk bitcoin transfer here to be stored in some account associated with you (as the player), and used as your betting fund later on. Instead, you will be sending bitcoins to a specific address every time you play or every time you place a bet. As mentioned earlier, a network fee of 0.0001 BTC is charged every time a bet is made. You need to add this fee with the bet you send.
Since there are no deposits, there are also no withdrawals on Satoshi Nonce. If you win, your prizes are immediately sent to you after the result of the game has been determined.
Bets can only be considered valid if they are within the minimum and maximum bet amounts set on the site (0.001 BTC to 0.1 BTC). Bets that are not within this range are considered invalid. Fortunately, invalid bets are not forfeited. They will be returned to your bitcoin wallet address after 6 confirmations. If you want to save on transaction fees, you can actually do multiple bets or bets for multiple numbers on the same block.
Unfortunately, Satoshi Nonce does not have a free bitcoin faucet. It also does not have a Demo or Play for Fun mode. You really need to send bitcoins to the address indicated on the game to be able to play. Hence, we cannot consider this site a free bitcoin casino.