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Topic: BetKing.io - 20% Rakeback Christmas Bonus - Most trusted Bitcoin Dice site - page 82. (Read 194693 times)

full member
Activity: 158
Merit: 100
I think this is an interesting idea, definately geared towards HR players tho, but I guess thats really who your trying to attract eh?
member
Activity: 106
Merit: 10
WOOHOO lower house edge. Time to get back into being a degen again.
legendary
Activity: 882
Merit: 1000
VIP points have now been awarded to all users who bet this month based on the amount they wagered.
A few people have started trading them in for Bitcoin already.
legendary
Activity: 882
Merit: 1000
New VIP program launched!

For every bet you make at PRC you will be awarded VIP points that can be traded for Bitcoin.
As you play you will move up to a higher VIP level.
The higher the level the better the rewards!

Click on the VIP box at the top of the dice page to trade your points for Bitcoin.

See here for more details https://pocketrocketscasino.eu/vip


As a bonus for the launch of the program you will be given bonus points based on your total wagered for the month so far!
Allow an hour or so for all accounts to be credited.
legendary
Activity: 882
Merit: 1000
The VIP program mentioned above is now live on the site.
As you bet you will accumulate VIP points.
There's an indicator at the top of the page to show your current level, Bronze, Silver, Gold and how many points you have.

Just finalising a help/info page and a store to trade your points for Bitcoin. These will be uploaded later today.

Will update this thread when that is completed.
legendary
Activity: 882
Merit: 1000
Been thinking of how we could implement a new loyalty program promo.

Here's a proposal for how it would work, feedback appreciated. If enough people like it then I would get it live on the site by Monday.

Code:
New PRC loyalty program (proposal)
--------------------------------------
For every bet you make at PRC you will be awarded loyalty points that can be traded for Bitcoin.

There are three different member levels, bronze, silver and gold.

All existing and new accounts will automatically be set to Bronze level.

You will be awarded more points the higher your level:

Bronze = 0.5 points for every 1 Bitcoin wagered
Silver = 1 point for every 1 Bitcoin wagered
Gold = 1.5 points for every 1 Bitcoin wagered

As you play you will move up to a higher bonus level:
Wager 200 Bitcoin in a week or 500 in a month to move to silver level
Wager 500 Bitcoin in a week or 1500 in a month to move to gold level

Points can be traded in for Bitcoin at any time:
points Reward
50 0.05
100 0.1
250 0.25
500 0.5
1000 1

If at the start of each month you did not wager the amount required in the previous month to maintain your current level you will be moved down
to the level that matches your wagered amount.

Is this any different than simply reducing the house edge to 0.95%, 0.9% or 0.85% depending on the players' wagered amounts?

You might find that advertising a lower house edge is more effective and easier to understand than introducing the new concept of "points".

Also, I don't know how sound it is to reduce the house edge the most for your biggest players. They're the ones who present the biggest risk to your bankroll.

I don't think the majority of players understand or care much about edge in games or rake in poker etc. There's always people in the chat, forums or live that don't know the edge in games like blackjack or roulette and play even when they think they are higher than they are.

So advertising lower edge probably won't attract many people. There's a lot of sites already tried that and none are busy at all. Satoshi Dice has seen wagered amounts increase and they have a higher edge than our sites.

Points feel like you are earning a bonus or getting something back. Accumulating them and being able to cash them in for Bitcoin in this case is something that seems to work on all fiat sites.

I'm aware that fiat style promo does not necessarily translate well to Bitcoin but it's worth trying something that all players can easily relate to.
legendary
Activity: 2940
Merit: 1333
Been thinking of how we could implement a new loyalty program promo.

Here's a proposal for how it would work, feedback appreciated. If enough people like it then I would get it live on the site by Monday.

Code:
New PRC loyalty program (proposal)
--------------------------------------
For every bet you make at PRC you will be awarded loyalty points that can be traded for Bitcoin.

There are three different member levels, bronze, silver and gold.

All existing and new accounts will automatically be set to Bronze level.

You will be awarded more points the higher your level:

Bronze = 0.5 points for every 1 Bitcoin wagered
Silver = 1 point for every 1 Bitcoin wagered
Gold = 1.5 points for every 1 Bitcoin wagered

As you play you will move up to a higher bonus level:
Wager 200 Bitcoin in a week or 500 in a month to move to silver level
Wager 500 Bitcoin in a week or 1500 in a month to move to gold level

Points can be traded in for Bitcoin at any time:
points Reward
50 0.05
100 0.1
250 0.25
500 0.5
1000 1

If at the start of each month you did not wager the amount required in the previous month to maintain your current level you will be moved down
to the level that matches your wagered amount.

Is this any different than simply reducing the house edge to 0.95%, 0.9% or 0.85% depending on the players' wagered amounts?

You might find that advertising a lower house edge is more effective and easier to understand than introducing the new concept of "points".

Also, I don't know how sound it is to reduce the house edge the most for your biggest players. They're the ones who present the biggest risk to your bankroll.
legendary
Activity: 2940
Merit: 1333
Omg we can invest again?!

How shockings  Roll Eyes

Dude. Why do you keep trolling me?

Edit: sorry, wrong account. Wink
legendary
Activity: 882
Merit: 1000
Max bet now back up to 321 Bitcoin!

Also topped up investor cold wallet which now shows 91% proof of solvency again.

legendary
Activity: 882
Merit: 1000
Been thinking of how we could implement a new loyalty program promo.

Here's a proposal for how it would work, feedback appreciated. If enough people like it then I would get it live on the site by Monday.

Code:
New PRC loyalty program (proposal)
--------------------------------------
For every bet you make at PRC you will be awarded loyalty points that can be traded for Bitcoin.

There are three different member levels, bronze, silver and gold.

All existing and new accounts will automatically be set to Bronze level.

You will be awarded more points the higher your level:

Bronze = 0.5 points for every 1 Bitcoin wagered
Silver = 1 point for every 1 Bitcoin wagered
Gold = 1.5 points for every 1 Bitcoin wagered

As you play you will move up to a higher bonus level:
Wager 200 Bitcoin in a week or 500 in a month to move to silver level
Wager 500 Bitcoin in a week or 1500 in a month to move to gold level

Points can be traded in for Bitcoin at any time:
points Reward
50 0.05
100 0.1
250 0.25
500 0.5
1000 1

If at the start of each month you did not wager the amount required in the previous month to maintain your current level you will be moved down
to the level that matches your wagered amount.

I like the idea of rake back much better than wagering contest. Ryan idea will make it more interesting (more points - bigger reward) and players will try to collect more points instead of cashing out at minimum.

Yeah I think wager contests are not a good idea.

We've had a lot of wager contests, leaderboards and raffles and given away Xbox, PS4, TV's, tablets etc but something that rewards all players would be better than these kind of promos.
legendary
Activity: 2198
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
Been thinking of how we could implement a new loyalty program promo.

Here's a proposal for how it would work, feedback appreciated. If enough people like it then I would get it live on the site by Monday.

Code:
New PRC loyalty program (proposal)
--------------------------------------
For every bet you make at PRC you will be awarded loyalty points that can be traded for Bitcoin.

There are three different member levels, bronze, silver and gold.

All existing and new accounts will automatically be set to Bronze level.

You will be awarded more points the higher your level:

Bronze = 0.5 points for every 1 Bitcoin wagered
Silver = 1 point for every 1 Bitcoin wagered
Gold = 1.5 points for every 1 Bitcoin wagered

As you play you will move up to a higher bonus level:
Wager 200 Bitcoin in a week or 500 in a month to move to silver level
Wager 500 Bitcoin in a week or 1500 in a month to move to gold level

Points can be traded in for Bitcoin at any time:
points Reward
50 0.05
100 0.1
250 0.25
500 0.5
1000 1

If at the start of each month you did not wager the amount required in the previous month to maintain your current level you will be moved down
to the level that matches your wagered amount.

I like the idea of rake back much better than wagering contest. Ryan idea will make it more interesting (more points - bigger reward) and players will try to collect more points instead of cashing out at minimum.
legendary
Activity: 1176
Merit: 1017
Okay, I'm getting interested again....Nice!  I like the investment opportunities here.
legendary
Activity: 882
Merit: 1000
Been thinking of how we could implement a new loyalty program promo.

Here's a proposal for how it would work, feedback appreciated. If enough people like it then I would get it live on the site by Monday.

Seems like a good idea, although:


Quote
Points can be traded in for Bitcoin at any time:
points   Reward
50   0.05
100   0.1
250   0.25
500   0.5
1000   1

Perhaps instead of a point being worth 0.001 BTC, if you made their value increase as you accumulated more points it would give players incentives to accumulate instead of cashing them out at the minimum required? So e.g. 50 points might only give you 0.025 BTC, but 2000 points might give you 4 BTC

That's a good idea, like how sites like Pokerstars do it.
I would need to look at the exact numbers and decide the best way to do that.

legendary
Activity: 1463
Merit: 1886
Been thinking of how we could implement a new loyalty program promo.

Here's a proposal for how it would work, feedback appreciated. If enough people like it then I would get it live on the site by Monday.

Seems like a good idea, although:


Quote
Points can be traded in for Bitcoin at any time:
points   Reward
50   0.05
100   0.1
250   0.25
500   0.5
1000   1

Perhaps instead of a point being worth 0.001 BTC, if you made their value increase as you accumulated more points it would give players incentives to accumulate instead of cashing them out at the minimum required? So e.g. 50 points might only give you 0.025 BTC, but 2000 points might give you 4 BTC
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Omg we can invest again?!

How shockings  Roll Eyes
legendary
Activity: 882
Merit: 1000
Been thinking of how we could implement a new loyalty program promo.

Here's a proposal for how it would work, feedback appreciated. If enough people like it then I would get it live on the site by Monday.

Code:
New PRC loyalty program (proposal)
--------------------------------------
For every bet you make at PRC you will be awarded loyalty points that can be traded for Bitcoin.

There are three different member levels, bronze, silver and gold.

All existing and new accounts will automatically be set to Bronze level.

You will be awarded more points the higher your level:

Bronze = 0.5 points for every 1 Bitcoin wagered
Silver = 1 point for every 1 Bitcoin wagered
Gold = 1.5 points for every 1 Bitcoin wagered

As you play you will move up to a higher bonus level:
Wager 200 Bitcoin in a week or 500 in a month to move to silver level
Wager 500 Bitcoin in a week or 1500 in a month to move to gold level

Points can be traded in for Bitcoin at any time:
points Reward
50 0.05
100 0.1
250 0.25
500 0.5
1000 1

If at the start of each month you did not wager the amount required in the previous month to maintain your current level you will be moved down
to the level that matches your wagered amount.
legendary
Activity: 2156
Merit: 1082
Oh thanks for the explication , i have see already the btc address to cold wallet, more interessant. 84% is aniway a good %
legendary
Activity: 882
Merit: 1000
Yes, I probably should rename it back to "cold wallet" since it might be confusing now.

ATM PRC indeed has 84% of the "invested amount" in their public cold wallet. Generally Dean likes to keep it above 90%, so I assume he will top it up soon (few days ago it was 90% but invested amount went up.) The other 10% should be in warm and hot wallets, since it's not practical to do all withdrawals from the cold wallets.

Thanks NLNico for clearing that up for marioantonini.

I usually show over 90% proof of funds but investment has just been re-enabled a few days ago and there's been a few people topping up or new investors.
I will move some funds over to the cold wallet today.
legendary
Activity: 1876
Merit: 1295
DiceSites.com owner
Yes, I probably should rename it back to "cold wallet" since it might be confusing now.

ATM PRC indeed has 84% of the "invested amount" in their public cold wallet. Generally Dean likes to keep it above 90%, so I assume he will top it up soon (few days ago it was 90% but invested amount went up.) The other 10% should be in warm and hot wallets, since it's not practical to do all withdrawals from the cold wallets.
legendary
Activity: 2156
Merit: 1082
i search every time gambling for invest. Is possible see a stat, bankroll investor profit and other without join to the site? Thanks

Dicesites.com should be the best tool for you to check and compare the current and historical investment stats (wagered, bankroll, profit, proof of solvency, etc) of the major investable sites. For stats of PRC, check http://dicesites.com/pocketrocketscasino

thanks for the link coef. the proof of solvency 84% is because prc have shown to have cold wallet for 84% of bitcoin declared?
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