This is a quote from the book "On Zero Confirmation Transactions" by Chris Pacia
... coins to the merchant with a second output sending a small amount of coins to a gambling service. Then create a normal double spend transaction. Send the first transaction to the merchant, walk
out the store with the merchandise, then send the double spend to the Eligius pool. At the time of writing Eligius has about 3% of the hashing power. That means you have a 3% chance that Eligiu
s will mine the next block containing your double spend. A 3% chance of success is still fairly low, but you can repeat this over and over again until it works.
read full book
As damning as this s...