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Topic: After 1 year of diversified bitcoin dice house bank investment we lost 32.46% - page 10. (Read 17798 times)

legendary
Activity: 1512
Merit: 1012
Keep up the awesome work Smiley
legendary
Activity: 1833
Merit: 1030
This is pretty cool! Nice work!
full member
Activity: 180
Merit: 100
Ice Dice have come back to life and their figures have been updated. They have by fare the lowest turnover and expected annual return, to be honest I am only invested in them for the purposes of this comparison. See the updated figures and Ice Dice review here

http://www.bitcoin-dice-guide.com/bitcoin-dice-reviews/#icedice

In the time it took to write this they are offline again, so still having problems, feels like a sinking ship to be honest.
full member
Activity: 180
Merit: 100
Thanks for the discussion on how to treat Dice Ninja for the purpose of this comparison table. What we will do is keep the real figures there and affecting the column average for
- Current Balance
- Current Return
- Annualized Return
as in that part of the table we are reporting real historical results. The Dice Ninja loss did happen during the time of this investment comparison and is relevant lesson to be reminded of. However we will remove the figures from
- House Bank
- Bank Turnover
- Investor Edge
- Expected Annual Return
- Review Score
and replace them with a "-" that will not affect the column averages as that part of the table is about hypothetical future return and it does not make sense for a non operator to be included. This will be done before the next update, sorry for the delay.

Here is the weekly update for October 30th 2014



  • Dice Now is rewriting their whole site and will launch with a new name and domain, the timetable is unknown. We are excited about this as they are already a high quality and reliable operator that do things a bit differently, not just another just dice clone. On the other hand don’t expect to see any improvements or marketing on Dice Now which guarantees the betting volume will remain tiny.

  • Ice Dice website is not loading for me at the moment so their figures are not updated. I will keep checking until it loads or can be declared dead  Undecided

  • Peerbet have improved their web design with a new background and home page. We have updated their review score which his lifted them 2 sports in the rankings.

  • Coinwin house bank has more than halved in size and is now less than ฿11.

  • PRC's house bank has gone up another ~฿1000 and they were the only site with good turnover this week of ~฿1000.
legendary
Activity: 1267
Merit: 1000
Should keep dice.ninja in your stats.
It keeps your report consistent and factual.
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
Maybe you should remove dice.ninja from the average computation, list it as dead or something.

i dont think he actually should remove it. he invested in it so did many other people. so as far as his investing portfolio is concerned in real life, he's down a full coin there. removing scam sites is getting rid of real world problems that are part of the investment risk that should be considered in an actual annualized average.
legendary
Activity: 1974
Merit: 1003
Maybe you should remove dice.ninja from the average computation, list it as dead or something.

Yup, good point; also very good work, following this thread  Smiley
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Maybe you should remove dice.ninja from the average computation, list it as dead or something.
full member
Activity: 180
Merit: 100
Here is the weekly update as of 24th of October 2014


Most investments were steady except win88 which had it's 3rd stellar week and will go to top spot if it repeats that performance.

Our password manager and ourselves did not record our Ice Dice user ID, thinking we could log in with our user name and password. We could not, the user ID recovery function did not work and support did not help. Luckily the user ID is part of the referral URL that we did record so we got access to our account eventually but it was a negative experience that showed up the lacking in Ice Dice's system and support.

See the live table, operator reviews and more good stuff at the Bitcoin Dice Guide.
full member
Activity: 180
Merit: 100
Did you interviewed the owner of these sites? How did you come up with thos information?

We contacted all the sites and most have replied but we do not need to contact the sites for the information in the table, the sites publish the size of their banks and the amount bet and we track that over time to work out the bank turnover time.


One thing I don't get. They say they've invested BTC1 in each, but in 'Bitcoin Casino' review score it says:

Quote
What we don’t like:
 Investment not open to all customers and ฿10 minimum. House bank and dice bets stats not available. Navigation is not as intuitive as other sites. Not much action.

Good catch, we got in just before win88 changed that policy.
legendary
Activity: 2436
Merit: 1561
VERY nice comparison table! Just one (small) thing... I am not sure I understand that final "score" column, is that related to the other numbers (seems not) or it's just about your general feeling on the sites?

It's not based on numbers but on their rating. Go to their website and click 'review score' to see how they rate it.


One thing I don't get. They say they've invested BTC1 in each, but in 'Bitcoin Casino' review score it says:

Quote
What we don’t like:
 Investment not open to all customers and ฿10 minimum. House bank and dice bets stats not available. Navigation is not as intuitive as other sites. Not much action.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
VERY nice comparison table! Just one (small) thing... I am not sure I understand that final "score" column, is that related to the other numbers (seems not) or it's just about your general feeling on the sites?
legendary
Activity: 2436
Merit: 1561
up 15 btc investing 19 btc when the profit was -83 on prcdice=P I love it

I invested small amount when profit was slightly above zero. Made around 37%, so similar to the OP. There were some crazy times when whales were playing.

Also made ~10% on DOGE investment, but not many people know that PRCDice accept it, so there are not many DOGE players.
legendary
Activity: 1267
Merit: 1000
Quote
How many times the bank is turned over per year multiplied by the edge is the expected anal annual return.

Typo alert.
full member
Activity: 140
Merit: 100
✘ΑΦΩ✘
Did you interviewed the owner of these sites? How did you come up with thos information?
full member
Activity: 180
Merit: 100
Thanks for all your comments it is very encouraging Smiley

I was looking for exactly this for quite some time, thank you!

Thanks for saying so, that is exactly what we were hoping. I first thought of doing it for myself on a spread sheet then I realized if that was useful for me it would be useful for others in the community so I decided to share it.

Nice topic idea.

Will you update this thread regularly?

At least every week Smiley

great stuff, really.
how are you going to handle new sites that enter?

The lesson from dice ninja says that we should not touch them!

Anyway we are able to add new sites and 7 out of the 9 columns on the table will be just as relevant for comparison. Or we could group some new ones together and make a round 2, perhaps make each table last a year. Anyway we really tried to include every decent option there is so this is not an issue for as long as possible.
newbie
Activity: 48
Merit: 0
up 15 btc investing 19 btc when the profit was -83 on prcdice=P I love it
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
great stats, i guess prc dice good for investment Smiley

Investing is so-so. Gamble and gtfo!
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
great stuff, really.
how are you going to handle new sites that enter?
legendary
Activity: 2436
Merit: 1561
Nice topic idea.

Will you update this thread regularly?
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