I've been visiting dice sites in order to get some useful data about the good platform to invest but what my problem is I cannot seem to fully understand and use the data in dice sites even if they are giving almost all the useful data like total bet,daily bet and etc. For bustabit investors, may I know if how much you have profit so far like for example you can drop your starting capital, length of investment like how many months and your total ROI.
The maths is reasonably simple, I think.
Lets say in this example bankroll is 4000 BTC. The first calculation is the easiest, Daniel has a commissions rate of "bankroll / 10000btc". So in this example, the commission he charges is 40%. This means when ever the bankroll profit increases past its previous all-time-high ... Daniel charges that 40% and updates the new all time high profit.
Now let's say you want to invest 1000 BTC ... the new bankroll will simply be the old bankroll + how much you invested. Thus it'll be 5000 BTC. And now Daniel will be charging 50% commission (see formula above).
But the important number is your stake: You put in 1000 BTC the 5000 BTC [I'm ignoring the actual dilution fee to keep it simple], so your stake will be 20%. This means you actually own 20% of the bankroll. This is the important number, because it only changes when other people invest or divest. If people win money from the bankroll, your stake stays the same. It's just the bankroll has decreased. And likewise when the bankroll increases, your % ownership is the same ... just the actual bankroll is bigger.
So let's imagine that the bankroll is 0.5 BTC away from it's previous ATH profit -- and someone gambles and loses 1 BTC. Daniel will charge 0.25 BTC in commission (50% of the 0.5 BTC it exceeded previous profit ATH). Thus the bankroll will increase by 0.75 BTC. You own 20% of that bankroll, so you have effectively made 0.15 BTC.
People
on average will lose 1% of what they wager (to the bankroll). So if you can guestimate how much people will be wagering, you can figure out what the expected returns will look like.