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Topic: After 1 year of diversified bitcoin dice house bank investment we lost 32.46% - page 7. (Read 17733 times)

legendary
Activity: 2310
Merit: 1039
I have to admit this is very interesting and tempting oportunity. but as always its risk as well.
legendary
Activity: 2436
Merit: 1561

Win88 had a big fortnight with the investment going from 1.25 to 1.35, if that continues they will soon overtake Pocket Rockets Casinofor top spot.


I wouldn't be so sure about that. Someone has just lost BTC152 on PRC. You just can't predict things like that... But they do seem to be getting a lot of action since the launch of 2.0.
legendary
Activity: 2436
Merit: 1561
Nice to see separate website just for dice sites.

But you really need to update it, remove Ninja and Dicebitco.in and add the new ones.
You don't have to invest in every single one of them to make a review.

It would be useful to update the current reviews when appropriate. You really should mention multiple investment risk options on the new PRC site (and give them some extra points for that).

Peace of shit Ice Dice is broken again and I am not optimistic for the future. If it was just my money I would pull it out asap but for the purpose of the table I guess I will ride it out. Or perhaps I should not because if it fails the table will be way in the negative again and these are meant to be real life stats and in real life I could see the failure coming and did not want to keep the funds in there...


I don't know what's the issue with IceDice, but if you don't feel comfortable keeping any funds there - just divest! And invest in any of the new sites instead (if you trust them enough).

Just put an asterisk (*) next to the name and appropriate footnotes, i.e.:

* divested on [date] because of..
** invested X BTC on [date].

something like that.

And if you decide to invest in new sites, you don't need to put whole 1 BTC on each. 0.1 or 0.01 would give the same % return value.

I don't think updating the table (divesting/new investments) will mess up the results. You'll have to do it anyway, sooner or later, if you want to provide meaningful, up-to-date insight.

One of the new sites worth checking is https://safedice.com/, their official thread:
https://bitcointalksearch.org/topic/safedicecom-bitcoin-dice-monero-05-edge-fast-cashout-since-2014-868275

Friendly operators, responsive and quick with fixing bugs and implementing new features. House edge is only 0.5% (variable) so that's their advantage over others. They could focus a bit more on promoting tho.

They're accepting investments upon request (with no minimum).
full member
Activity: 180
Merit: 100
Hi guys, it has been so long between updates because we moved the Dice Investment Comparison to a whole new website called the Bitcoin Dice Guide. We decided to make the Bitcoin Betting Guide just about sports betting so we have a whole site dedicated to bitcoin dice. We just launched it yesterday and we still have a lot of pages and content to add in the coming weeks.

We are back in profit overall.

The last couple of weeks has seen more the ฿4000 turned over at BitDice yet profit continues to decline.

PRC has improved their website, going back to the Pocket Rockets Casino branding, their total invested has decreased quite a bit.

Peace of shit Ice Dice is broken again and I am not optimistic for the future. If it was just my money I would pull it out asap but for the purpose of the table I guess I will ride it out. Or perhaps I should not because if it fails the table will be way in the negative again and these are meant to be real life stats and in real life I could see the failure coming and did not want to keep the funds in there...

Win88 had a big fortnight with the investment going from 1.25 to 1.35, if that continues they will soon overtake Pocket Rockets Casinofor top spot.

Here is the new ulr http://www.bitcoin-dice-guide.com/dice-investment-comparison/  and what the site looks like, feedback and ideas are welcome.

hero member
Activity: 590
Merit: 500
I see you updated the table on the website but you didn't updated this post. I'm sorry because I found your advices useful.
legendary
Activity: 2436
Merit: 1561
PRCDice launched a new version and went back to 'Pocket Rockets Casino' brand

https://pocketrocketscasino.eu

They now offer multiple investment risk options.

Are you going to stay at 1x kelly?
hero member
Activity: 686
Merit: 500
Bravo! Thank you for taking the time and effort to do this.

I've been looking for something new to invest in, ever since I left the cloudmining game.

I'm sorry about Dice Ninja though. Sad Hope you get your BTC back through your investments.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
great work. I think none of the sites listed shouldn't be removed from the overall stats, as scams happen in cryptoworld pretty often and thus should be part of the statistics.
full member
Activity: 180
Merit: 100
Thats right we are only including bitcoin sites. Ironic that a list made to help people find a replacement for Just Dice after its shut down can not include Just Dice's own relaunch.
hero member
Activity: 1022
Merit: 500
All stats are updated  Smiley

Big week on BitDice with our investment up from ฿0.999 to ฿1.070 and about ฿30,000 turnover.

Peerbet went the other direction from ฿1.075 to ฿1.061 and had ฿3000 wagered which is quite a lot for them.

PRD dice house bank rose from ฿1768 to ฿1968 and their annual return is in line with their expected annual return which makes me happy.

Thanks to people who are thanking me for maintaining the table, I am really chuffed people like it, the adventure continues Smiley

So you are even with one site that fails.

Still no just-dice on the ranking? Because it's not in btc?
full member
Activity: 180
Merit: 100
All stats are updated  Smiley

Big week on BitDice with our investment up from ฿0.999 to ฿1.070 and about ฿30,000 turnover.

Peerbet went the other direction from ฿1.075 to ฿1.061 and had ฿3000 wagered which is quite a lot for them.

PRD dice house bank rose from ฿1768 to ฿1968 and their annual return is in line with their expected annual return which makes me happy.

Thanks to people who are thanking me for maintaining the table, I am really chuffed people like it, the adventure continues Smiley
legendary
Activity: 2436
Merit: 1561
i'm thinking of investing a large amounts in prc dice but I don't know if it's worth the risk...

20% chance they run away within 1.5 month?
so not worth it I guess? you would need at least 25% return (1.25*(1-0.2) = 1) to have no average loss

PRC dice is around since early 2013, although they started as casino not just a dice game.

Both diceninja and dicebitco.in were very new sites when the shit went down. The risk of operator running away with the money is much less when site is operating for long time.

I have a small amount invested there, never had any issues with them other than some small delays with affiliate payments.

They'll be launching version 2.0 rather sooner than later.

legendary
Activity: 1512
Merit: 1000
Great chart! I was looking for something like this, but somehow overlooked this topic  Undecided. Anyway, thanks for putting this together.
sr. member
Activity: 616
Merit: 250
i'm thinking of investing a large amounts in prc dice but I don't know if it's worth the risk...

20% chance they run away within 1.5 month?
so not worth it I guess? you would need at least 25% return (1.25*(1-0.2) = 1) to have no average loss
full member
Activity: 180
Merit: 100
what's the risk of those websites going offline?

11% so far Smiley

You could say 20% becasue there was suppost to be 10 operators but just as I launched the table dicebitco.in went offline, although in that case I did not lose any money.
full member
Activity: 154
Merit: 100
Prc dice was pretty good but their website can use some improvements
sr. member
Activity: 294
Merit: 250

what's the risk of those websites going offline?

It is impossible to know because they can go offline whenever they like it. Like DN did no one expected that it would be gone out of nowhere.
sr. member
Activity: 616
Merit: 250
On the 1st of October 2014 we invested ฿1 in the house bank of the top 9 bitcoin gambling investments sites

This is the performance as of the 25th of November 2014. There is a more recent update on the site


We will report and compare the performance of those investments as well as a key site stat that you won’t find anywhere else. Expected annual return is based on the investors edge and how often the house bank is turned over. How many times the bank is turned over per year multiplied by the edge is the expected annual return.

We will update the figures and this thread at least every week. Here is the table

http://bitcoin-betting-guide.com/gambling-investments/gambling-investments-comparison-table/

We have also reviewed the operators here.

http://bitcoin-betting-guide.com/gambling-investments/gambling-investment-reviews/

It's still amateur hour out there i'm afraid, most sites leave something to be desired and some operators don't even reply when contacted. But we do love the house bank investment model and believe the industry will mature. The game changer will be a trustless implementation on the blockchain via a smart contracts... or something.

what's the risk of those websites going offline?
full member
Activity: 180
Merit: 100
http://www.bitcoin-dice-guide.com/dice-investment-comparison/

All figures are now updated. Losses this week on Win88, Peerbet and BitDice have taken us back into negative return overall.

Win88s result puts PRD dice way out in front.

I will keep an eye on Diggit Smiley  
hero member
Activity: 1022
Merit: 500
Thanks Bitcoin Betting Guide. I have search manually all dice and casinò games with a investor program and only now i have see this post.

You may find an other betting guide in this thread : https://bitcointalksearch.org/topic/bitcoin-betting-sites-total-of-bets-top-50-gambling-sites1-year-old-now-529963
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