Author

Topic: BetKing.io - 20% Rakeback Christmas Bonus - Most trusted Bitcoin Dice site - page 127. (Read 194695 times)

full member
Activity: 205
Merit: 100
Investor / Trader / Analyst
I have experienced some problems logging into a different account lately. It just doesn't give me the option to do so when going to the account settings tab.

Did you click "log off" and refreshing? I haven't tried switching accounts.
member
Activity: 73
Merit: 10
I have experienced some problems logging into a different account lately. It just doesn't give me the option to do so when going to the account settings tab.
full member
Activity: 196
Merit: 100
Need leader board. 19 streak still the best  Wink

At x2 payout? If so, that's hard to beat.

My best so far is 9 loses at x1.95

Hope to have leaderboards up tonight so you can check.
Just working on fixing the high roller/my bets tab issues just now though.

how about i bet with chance 9 is that losses still count ?
full member
Activity: 205
Merit: 100
Investor / Trader / Analyst
Need leader board. 19 streak still the best  Wink

At x2 payout? If so, that's hard to beat.

My best so far is 9 loses at x1.95

Yep :-)
legendary
Activity: 882
Merit: 1000
Need leader board. 19 streak still the best  Wink

At x2 payout? If so, that's hard to beat.

My best so far is 9 loses at x1.95

Hope to have leaderboards up tonight so you can check.
Just working on fixing the high roller/my bets tab issues just now though.
legendary
Activity: 2436
Merit: 1561
Need leader board. 19 streak still the best  Wink

At x2 payout? If so, that's hard to beat.

My best so far is 9 loses at x1.95
legendary
Activity: 882
Merit: 1000
I'm thinking a message confirming that the site is aware of the delay and for the user to wait it out ("Sorry this is taking longer than expected!") is better than the implication the the bet didn't go through, like it does now.  Seems like one of those issues where it'd be hard to find a good balance...

Actually that could be the better one. I'll implement that.
Thanks
sr. member
Activity: 321
Merit: 250
I'm thinking a message confirming that the site is aware of the delay and for the user to wait it out ("Sorry this is taking longer than expected!") is better than the implication the the bet didn't go through, like it does now.  Seems like one of those issues where it'd be hard to find a good balance...
legendary
Activity: 882
Merit: 1000
Small bug report.  Not really a bug necessarily, but an annoyance that could be bad!  When rolling, a single roll will occasionally lag and return a red pop-up with a "roll didn't go through, try again" message (I don't remember the exact text), so I'll immediately try the same roll again but the previous roll that I thought was already nullified *did* indeed go through and shows up two seconds later.  I imagine somebody wanting to do a single 1 BTC roll, getting that error thinking it didn't go through so they roll again immediately, only to find out that the original roll did go through and they're now down 2 BTC instead of the 1 they were anticipating.  If that pop-up shows up saying the roll didn't go through, the roll damn well better not go through.   Smiley

Hope this makes sense!  I can discuss it more in chat when you're on again.

Hi, thanks for the report.

The way it is setup is the browser will wait 5 seconds on a bet coming back. If it has not then that message is displayed. It was meant for slower connections or if there were server issues.

Maybe then 5 seconds isn't long enough and I should put it to 10-15 seconds?
sr. member
Activity: 321
Merit: 250
Small bug report.  Not really a bug necessarily, but an annoyance that could be bad!  When rolling, a single roll will occasionally lag and return a red pop-up with a "roll didn't go through, try again" message (I don't remember the exact text), so I'll immediately try the same roll again but the previous roll that I thought was already nullified *did* indeed go through and shows up two seconds later.  I imagine somebody wanting to do a single 1 BTC roll, getting that error thinking it didn't go through so they roll again immediately, only to find out that the original roll did go through and they're now down 2 BTC instead of the 1 they were anticipating.  If that pop-up shows up saying the roll didn't go through, the roll damn well better not go through.   Smiley

Hope this makes sense!  I can discuss it more in chat when you're on again.
full member
Activity: 205
Merit: 100
Investor / Trader / Analyst
Need leader board. 19 streak still the best  Wink
legendary
Activity: 882
Merit: 1000
Added an updated FAQ page.
Please check that page before asking support questions via email or in the support chat room.




legendary
Activity: 882
Merit: 1000
Here's an explanation of how the leveraged kelly system works on the new site, quoted from another post:

The leveraged kelly option is really to reduce counter party risk for investors.
Example, say you want to invest 10 Bitcoin at the normal risk of 1/2 kelly but don't want to have the risk of a site operator holding on to all your Bitcoin. You could instead deposit 0.5 Bitcoin and invest at 10x kelly.

This puts more of your investment at risk each bet and you may need to redeposit and top up your investment account frequently due to the variance of the game. So really you should have the coins in your own cold wallet to back up the desired investment total. Obviously some people may just want to gamble and risk their full 10 Bitcoin at 10x to try and maximise profit. This is not recommended though.

The maximum payout of the site is calculated by taking the sum of all the investments * risk * 0.01.

So imagine we had user A with 10 Bitcoins invested at 1/2 kelly, B with 10 at 5x and C with 10 at 10x.
The max payout would be:

(10*0.5*0.01) + (10*5*0.01) + (10*10*0.01) = 1.55 Bitcoin

The higher your risk the more you stand to win or lose each bet.

So each bet your investment will be updated like so:
i = i + ((-p * i * r * 0.01) / m)

Where:
p = the players profit for that bet
i = the amount you have invested
r = your risk
m = the current max payout

In the above example lets say a player bets 1 Bitcoin and wins.

The current investments would then be:

iA = 10 + ((-1 * 10 * 0.5 * 0.01 )/1.55) = 9.96774193
iB = 10 + ((-1 * 10 * 5 * 0.01 )/1.55) = 9.67741935
iC = 10 + ((-1 * 10 * 10 * 0.01 )/1.55) = 9.35483870

Max payout on the next bet would then be:

(9.9677*0.5*0.01) + (9.6774*5*0.01) + (9.3548*10*0.01) = 1.46919354

Again, you should only really be using this to reduce counter party risk and actually have the funds in your own cold wallet to replenish your investment as often as needed.
legendary
Activity: 882
Merit: 1000
i wish that you could add faster rolls

and remove the delay!

The rolls are fast, > 10x faster than the old site.
There is still a throttle for dust bets which is standard on any major dice site. Can't have 1 satoshi bot bets slowing it down for normal bettors.
legendary
Activity: 3794
Merit: 1030
The Best Tipster on the Forum!!
i wish that you could add faster rolls

and remove the delay!
legendary
Activity: 882
Merit: 1000
when i try to withdraw it shows error withdrawing any ideas?

Hi,
Another person had same issue last night. I think the spam prevention is kicking in when it shouldn't and blocking some requests. I'll look into this.
If you wait a bit, refresh the page and try again it should work.
If you keep having issues email me at [email protected] and I'll help withdraw manually for you.

Dean
legendary
Activity: 882
Merit: 1000
New year promo


From 1st of Janruary until 17th of Janruary at 12 am GMT we will be running new year, new site promotion.
Prizes will be rewarded for the following:

Player with most wagered: Choice between XBox one and Playstation 4
Player with unluckiest losing streak: Samsung Galaxy Tab 4
Player with most bets: Choice of latest console game or PC game


Leaderboards will be added asap so you can check the current rankings.
* prizes may not be the exact model/package in the pictures.
* terms apply

Good luck!

Bump so you can see the prizes for the new year promo.
You will be able to claim Bitcoin instead of the prize if needed.

Also seuntjie's rain bot is working. Giving out rain to chatters every 10 minutes.
hero member
Activity: 602
Merit: 500
hyperboria - next internet
Will try this one. Thx.
hero member
Activity: 602
Merit: 500
First epic win on the new site:



On behalf of all the investors: FUCK YOU WOW!

just kiddin, congrats

even at bitdice WoW made a bet of 100btc and unfortunately its a win Sad
legendary
Activity: 882
Merit: 1000
...
Player with unluckiest losing streak: Samsung Galaxy Tab 4
...

Just to make it clear, is it dependent in any way on % chance/payout rate/amount wagered, or is it irrelevant?



Yeah it's based on chance, the probability of losing x bets at y chance. Whatever the least likely run is (unluckiest) wins.

OK. But the amount wagered doesn't matter?

And I assume the mixed streaks (losing bets with different chances) won't count?


Stakes don't matter and all losses have to be in a row at the same chance yeah.



can we see the stats who has done the most somewhere?

I'll get a leaderboard up asap. In mean time you can click a user name in chat or on all bets tab to see their stats.
Jump to: