Topic: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ - page 226. (Read 201838 times)

This is great , I just used Dicebot to bet on Bitvest and it works smoothly without any issues . You can bet with both tokens and BTC using Dicebot and the speed is amazing .

We made a change to our deposit system to give a new address upon each deposit to help with privacy, all of your old addresses will continue to work forever so you may use either. I'll update the page to make this more clear.

If you mean the one from funds tab yeah.
Your even able to send to your old addresses.

my deposit address changed twice in a few minutes, safe to send to new one?

He is going to hit sooner or later just depends what multiplier he is going to hit.
He is past 2400 btc bet now.

spoke too soon he just damaged it

This!

Great news everyone! Bitvest is now officially supported in DiceBot!
You can download the latest stable version from https://bot.seuntjie.com/botpage.aspx

Its really fun watching this guy play.

N8 is back and this is his latest good hit

https://bitvest.io/results?query=41489143&game=plinko

Investors are on their way back , Global BR rising again and as sparked mentioned mathematically investors should get profit soon .

In the end the house wins so short term as an investor there could be huge loses but the way the math works is investors will get profit.
Just depends on the luck of the day if the gamblers will win or the investors but long term investors win.

But using 5x margin you will get 5 times more than using 2x margin but you will suffer 5 times lose more when player wins. Actually it still dependa on whether player will win on their site or not. Although you play on huge margin if you keep on losing this will be disadvantage on you. Mean while if you play lower margin and keep on winning, I will still prefer lower margin

Yeah its pretty straight forward.

The last sentence above is the key.  Margin lets you increase the impact of your investment, but does not alter what is lost or won by players.

Most major sites now have the margin feature, Just Dice, Bit Dice.me, etc.  It's fairly well understood but they do vary on what "bankroll" they show.  JD most prominently displays unleveraged bankroll while Bitvest shows the leveraged one. 

So what may have confused someone would be the "global bankroll" shown by the site would go down more dramatically due to leverage, but as Zodiac pointed out, that is not actual coins being lost by investors.

Yeah almost everyone investing is doing x5 margin.

My apologies to Ranlo    i got this all wrong..

Its just i saw global invested dropped 200BTC since n8 was winning, does it mean everyone is using 5X margin? And if so, what is point of 5X margin, only to raise bet limit?

Makes sense to me, if anyone is unsure how something works you can check the site the investment tab will show how much you can earn off a certain size lose.
It could also be used in reverse to show how much you can lose based on your investment weight.

If an investor puts in 100 BTC at 5x margin, the bankroll will be 500 BTC, and the win will be 12.5 BTC. If this 12.5 BTC payout is hit, the investor still only loses 12.5 BTC.
The real effect of margin is how it affects the bet limits, and how much of the share of profits or losses your investment takes. In the same case as before, where the investor puts in 100 BTC but uses no margin,
the bankroll is 100 BTC, and the max bet is 2.5 BTC, making the investment have a much lower risk and reward.

In the first case of 12.5 BTC being lost, the bankroll would drop 62.5 BTC in size, however this bankroll is not all real coins, it's coins on margin, so a "real" drop of 12.5 being paid out makes it drop the "bankroll" value by 62.5, even though only 12.5 real coins have moved.

In a case with multiple investors on the site, say, one with 100@1x, and another with 100@5x, we'll have a bankroll of 600 BTC, and a max win of 15 BTC. Let's say someone wins 12 BTC. In this case, the 1x investor makes up (100 * 1) / 600 = 1/6 of the bankroll, so he loses 12 * 1/6 = 2 BTC. The 5x investor makes up (100 * 5) / 600 = 5/6 of the bankroll, so his loss will be 12 * 5/6 = 10 BTC.

In the same case as above, if someone were to lose 12 BTC, the 1x investor would receive 2 BTC, and the 5x investor would receive 10 BTC.

Margin does not in any way make the house directly receive money, we only indirectly receive it from the fact that it increases bet limits, which enables more and larger bets to occur, generating more revenue. Our investors' profit/loss has no effect on our income, only the total amount bet does.

Sorry about that, I was somehow looking at some outdated data, from before their release. Your figures are correct for the commissions.
Affiliates will receive their 20, 10, or 5% cut depending on their affiliate level off of our share.

so 0.55% * 20% for plinko for top level, or 0.595% * 20% for slots, etc.

In total up to 30% can be paid out if a user has level 3 affiliates.

And what you reply to me makes no sense at all. Let me(senior member) explain to you(legendary member) how margin 5X works.

Lets say one player has whole global bankroll. And he invested 100 BTC in site. So, when someone win 20BTC he will lose 20 BTC.
Now, lets say that player has invested 100BTC with 5X margin. So, when somene win 20BTC he will lose 100BTC, 20BTC go to player who win and 80 BTC goes to site owners.

All individual investments make one global investment, right? I didn't said every single investor lost 115btc.

Let site owners correct me if I am wrong.