Topic: After 1 year of diversified bitcoin dice house bank investment we lost 32.46% (Read 17732 times)
October 18, 2015, 07:15:13 PM
i am really sorry for the huge loss. now den i saw this thread. as it can see, casino is sure making money due to house edge but the problem is there is no government or law backing. so investors are hugely at risk for getting all their btc stolen and never be returned. The ROI can be quite attractive at first too but it will also decrease when times go due to lesser bets(more casino) and more investor(less %).
October 18, 2015, 07:08:33 PM
imo, having the same investment across all sites isn't a good idea.
Do the math and find the best investments (ROI). Consider how secure the investment is. Allocate a portion of the portfolio considering both of them (additionally consider the growth rate too). Review and make changes to the portfolio kind of every 2 weeks or so.
Do the math and find the best investments (ROI). Consider how secure the investment is. Allocate a portion of the portfolio considering both of them (additionally consider the growth rate too). Review and make changes to the portfolio kind of every 2 weeks or so.
Right, this real life investment comparison is meant to give people information to help them do exactly that, or whatever strategy they want to try.
October 18, 2015, 02:36:26 AM
Just - dice has been doing good but the volatility because of the sell pressure is the main problem now
I got my bid in at around .001 BTC per.
It's best to claim your free coins if possible from your old BTC, LTC or DOGE wallets. (see my signature for a easy way to see if your addresses qualify)
Purchasing to invest over there isn't required.
October 18, 2015, 02:29:08 AM
I heard it's more safe to invest on gambling site which use MoneyPot
Maybe you could get back what you have lost
It is the same but if you mean safe means get profit and you will not lose then you are wrong, investing everywhere has a risk of losing and that in moneypot there are many new investor pilling up now so your stack will get lower if you dont have a large stack
Diversifying your dice portfolio is not the way to go.
Stick with Just-dice.
Stick with Just-dice.
Just - dice has been doing good but the volatility because of the sell pressure is the main problem now
October 18, 2015, 02:25:38 AM
Diversifying your dice portfolio is not the way to go.
Stick with Just-dice.
Stick with Just-dice.
October 17, 2015, 11:12:56 PM
imo, having the same investment across all sites isn't a good idea.
Do the math and find the best investments (ROI). Consider how secure the investment is. Allocate a portion of the portfolio considering both of them (additionally consider the growth rate too). Review and make changes to the portfolio kind of every 2 weeks or so.
I have invested in 3 sites, all doing pretty good. Around 0.2% daily ROI estimate. Lost some because of CLAM price crashing, but still holding on for a couple of months.
This is for example, how I plan to make my portfolio.
Site %
secret dice site 45%
BitDice.me 30%
Other major sites (MP, JD (high risk), etc.) 10%, 10% and 5%.
Do the math and find the best investments (ROI). Consider how secure the investment is. Allocate a portion of the portfolio considering both of them (additionally consider the growth rate too). Review and make changes to the portfolio kind of every 2 weeks or so.
I have invested in 3 sites, all doing pretty good. Around 0.2% daily ROI estimate. Lost some because of CLAM price crashing, but still holding on for a couple of months.
This is for example, how I plan to make my portfolio.
Site %
secret dice site 45%
BitDice.me 30%
Other major sites (MP, JD (high risk), etc.) 10%, 10% and 5%.
October 17, 2015, 10:47:36 PM
3 sites going bust out of 8. Not good at all.
Gambling at sites seem to have better odds than investing in gambling sites.
Gambling at sites seem to have better odds than investing in gambling sites.
It's not entirely surprising though - given the fact that there is little to no accountability this is something the con artists are more than happy to do. Honestly I'm more surprised there aren't more dice sites trying to prey on people. Most of these sites are happy to exist for a year or so and go for the long con to eventually scam - although I do agree it is a sad state of affairs.
October 17, 2015, 10:06:14 PM
3 sites going bust out of 8. Not good at all.
Gambling at sites seem to have better odds than investing in gambling sites.
Gambling at sites seem to have better odds than investing in gambling sites.
October 17, 2015, 09:38:02 PM
You missed a huge opportunity here https://www.moneypot.com/investment
Investors basically having a field day.
Investors basically having a field day.
October 17, 2015, 08:33:09 PM
Just a reminder I (Bitedge) am the OP (Bitcoin Betting Guide)
The big news in bitcoin dice since the last update is that the biggest and most trusted name in bitcoin gambling, Nitrogen Sports, now has an excellent dice product, reviewed here
https://bitroll.com/bitcoin-dice-reviews/
I think it looks great and what sets it apart is the overall quality of the operator with a long history of trouble free honest service where you get instant deposit and withdrawals and share your balance with the excellent sportsbook and poker games.
It’s a shame there is no investment or auto betting bot and I don’t like how you have to scroll up and down between the betting interface and your own bet results but overall I think it’s the best bitcoin dice option, although if you are a real dice only purist not in the US or Australia PrimeDice might still be best.
This is a milestone update for the bitcoin dice investment comparison
https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/
It has been 1 year since we invested! It has been a terrible year for the bitcoin dice investment scene; with many scams, the best dice sites to play on not having house bank investment, the return of JustDice happening with an altcoin instead of bitcoin and no progress or innovation in producing the much needed trustless model for house bank investment.
The downward trend continues with 2 of our 3 remaining operators house bank shrinking (BitDice stayed the same). The headline result is that in 1 year of diversified investment in bitcoin dice house banks we lost 32.46%. A more careful investor would have had a better result but not enough to make it worth the risk, and an investor who is truly careful would not invest in any bitcoin dice house banks anyway.
Bitcoin dice house bank investment is dead for now and only a trustless implementation can bring it back to life.
The big news in bitcoin dice since the last update is that the biggest and most trusted name in bitcoin gambling, Nitrogen Sports, now has an excellent dice product, reviewed here
https://bitroll.com/bitcoin-dice-reviews/
I think it looks great and what sets it apart is the overall quality of the operator with a long history of trouble free honest service where you get instant deposit and withdrawals and share your balance with the excellent sportsbook and poker games.
It’s a shame there is no investment or auto betting bot and I don’t like how you have to scroll up and down between the betting interface and your own bet results but overall I think it’s the best bitcoin dice option, although if you are a real dice only purist not in the US or Australia PrimeDice might still be best.
This is a milestone update for the bitcoin dice investment comparison
https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/
It has been 1 year since we invested! It has been a terrible year for the bitcoin dice investment scene; with many scams, the best dice sites to play on not having house bank investment, the return of JustDice happening with an altcoin instead of bitcoin and no progress or innovation in producing the much needed trustless model for house bank investment.
The downward trend continues with 2 of our 3 remaining operators house bank shrinking (BitDice stayed the same). The headline result is that in 1 year of diversified investment in bitcoin dice house banks we lost 32.46%. A more careful investor would have had a better result but not enough to make it worth the risk, and an investor who is truly careful would not invest in any bitcoin dice house banks anyway.
Bitcoin dice house bank investment is dead for now and only a trustless implementation can bring it back to life.
August 12, 2015, 07:57:13 AM
How did you get the bank turnover for Peerbet as 1 day?
Shoot your right, I must of misread or mistyped a figure. Updated thanks.
August 12, 2015, 07:33:47 AM
Great list, looks like its time to invest.
What I see is 3 out of 9 sites ended as a scam, and OP has an overall -21.27% loss in the past 10 months. Are you looking at the same figure as I am lol?
August 12, 2015, 07:17:51 AM
Hi all, OP here. I change the name and address of the old Bitcoin Betting Guide to Bitedge. Full details here http://www.bitedge.co/blog/introducing-bitedge-the-improved-bitcoin-betting-guide/
Dice now have gone to the top in the greatest comeback of all time.
I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.
PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.
10 months after we started I would say it’s a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table http://www.bitroll.co/dice-investment-comparison/
Dice now have gone to the top in the greatest comeback of all time.
I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.
PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.
10 months after we started I would say it’s a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table http://www.bitroll.co/dice-investment-comparison/
PRC is still running with investment at the moment. Just not accepting new or allowing top ups.
August 12, 2015, 07:13:52 AM
Great list, looks like its time to invest.
August 12, 2015, 07:04:05 AM
How did you get the bank turnover for Peerbet as 1 day? Their total wagered seems to have only increased by 30 btc in the past 2 weeks according to the graph on http://dicesites.com/peerbet
August 11, 2015, 10:22:36 PM
tyvm for doing all of this through the months, been fun to follow
August 11, 2015, 10:19:56 AM
Hi all, OP here. I change the name and address of the old Bitcoin Betting Guide to Bitedge. Full details here https://bitedge.com/blog/introducing-bitedge-the-improved-bitcoin-betting-guide/
I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.
PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.
10 months after we started I would say it’s a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/
I have only just realised Peerbet take their 7% commission from investors at the time of withdrawal not in real time or weekly like other sites do. As such I have constantly overstated the Peerbet return by 7% but I have now corrected that.
PRC dice has stopped investment so they have been changed to a static result. They gave an annualized return of 75% so we have to say well done and good luck in the future.
10 months after we started I would say it’s a pretty sorry looking table. We have had 3 exit scams and 3 retirements (dicebitco.in is the one that is not shown). It seems the prime of Just Dice was the prime of dice investment in general, only a trustless system would get me excited again and get me to consider further investment. Here is the table https://bitroll.com/house-bank-investment-guide/dice-investment-comparison/
July 04, 2015, 08:26:04 AM
Bitcoin Betting Guide you can suggest my a secure dice site for invest , better if is in bitcoin ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?
I think they are already saying it in the title "Peerbet now best investment!"
Still, you have your own mind, so try to catch the best investments available in the markets.
July 04, 2015, 08:17:32 AM
Bitcoin Betting Guide you can suggest my a secure dice site for invest , better if is in bitcoin ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?
It's always up to you to make your own judgement on whether the site is secure and trustworthy or not.
July 04, 2015, 04:18:16 AM
Bitcoin Betting Guide you can suggest my a secure dice site for invest , better if is in bitcoin ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?
Secure for me, is when the dev not close a site and go with all money. I have invest in just-dice, but is only for clam coin. And you know one betting site to invest ?
Jump to: