Frequently Asked Questions

What is Timebits?

Timebits is a clone of the extremely popular bitcoin gambling game Bustabit. The rules are same as the original Bistabit Game

How to play?

Place a bet. Watch the multiplier increase from 1x upwards! Cash out any time to get your bet multiplied by that multiplier. But be careful because the game can bust at any time, and you'll get nothing!

What is a Tick?

Tick is a Token and it will be used as Native token for Timebits, Tick Token created in Ethereum platform, At the time of this writing Tick is a millionth of a bitcoin or 100 satoshis, You are able to deposit and withdraw Ethereum and Bitcoin at any time by going to your account page.

How do I deposit Bits?

You will need to transfer bitcoins or ether or Tick Token directly to the deposit address on your account/deposit page. Deposited bitcoin or ether will be automatically converted into Bits

How long is the deposit address valid?

It is permanently attached to your account. You can save it, or use it for automatic funding, or whatever else you like. All payments to this address will be automatically credited to your account.

How long do deposits take to be credited?

We instantly credit accounts upon a single confirmation for bitcoin and for ether and Bits upon 14 network confirmations, which on average is approximately 10-30 minutes from the time of the transaction.

How do I withdraw Bits?

On your account page, you can convert Bits to bitcoin or ether as you want. Small withdrawals (i.e. smaller than the balance of our hot-wallet) are processed instantly and you will be given the transaction ID immediately.

Larger withdrawals will be shown in your withdrawal page as "PENDING" and will require us to manually remove sufficient funds from our cold storage. Usually this process will take less than two hours, but may take up to 24 hours, depending on the time of day and other circumstances.

For bitcoin withdraw fee 0.0005 BTC ether withdraw fee 0.01 ETH from any withdrawal amount to cover as mining fees.

Withdrawals must be in increments of 1 Tick, with a minimum withdrawal for Bitcoin 0.001 BTC, for Ether 0.02 ETH

What is gross profit?

Gross profit refers to the sum of the profit from each game you've played without considering your loses.

What happens if I disconnect from the game?

Upon detecting that you have disconnected we cash you out (assuming the game is still in progress). Regardless of whether your client is connected or not, the auto cash-out feature will work as expected (it happens on the server), and we highly recommend you use it if internet reliability or performance is a concern.

How high can the game go?

There's no real limit! However, if during a game we ever are facing a net loss of 3% of the bankroll or greater, the server will automatically cash out all players still in the game, forcing them to enjoy an early win and a sizeable profit. You can see in game what the current max win is (in the bottom right of the chart)

Is the game fair?

Absolutely! And we can prove it. Please see: the bitcoin talk thread for technical details.