Pages:
Author

Topic: bustadice – Dilution fee lowered to 1% - page 23. (Read 37217 times)

sr. member
Activity: 528
Merit: 368
I initially invested when it was still possible to do so with 5x leverage.  The message above seems to indicate that those leveraged investments are "grandfathered in", so to speak.

Today I attempted to divest a relatively small amount from my onsite bankroll, an amount which would have left my onsite bankroll significantly larger than 1/4 of my offsite investment, but I still received the error message "That would cause you to become overleveraged. Decrease your offsite investment first." 

So unfortunately it appears that it is NOT possible to divest from one's onsite bankroll without being forced to divest some (all?) of one's offsite investment, which is certainly a disappointment.

I'm wondering if the system is in error, or if this is indeed the way things are supposed to be?

That's a consequence of the maximum permitted leverage being lowered to 3:1 a while back, so it's working as expected. While nobody was forced to divest back then either, any changes to an investor's offsite bankroll were required to not exceed the new allowed leverage.

The more recent change disables adding to your offsite bankroll, but it doesn't change the maximum permitted leverage (which is still important when you reduce your onsite or offsite).
newbie
Activity: 8
Merit: 4
In the past I've already reduced the maximum leverage for new offsite investments a number of times to discourage overleveraging and today I am disabling the ability to make new offsite investments entirely. Existing offsite investments are unaffected. Investors with offsite investments can still add to or remove from their onsite bankroll without being forced to divest their offsite portion. It is also possible to lower your offsite investment without fully removing it.

I initially invested when it was still possible to do so with 5x leverage.  The message above seems to indicate that those leveraged investments are "grandfathered in", so to speak.

Today I attempted to divest a relatively small amount from my onsite bankroll, an amount which would have left my onsite bankroll significantly larger than 1/4 of my offsite investment, but I still received the error message "That would cause you to become overleveraged. Decrease your offsite investment first." 

So unfortunately it appears that it is NOT possible to divest from one's onsite bankroll without being forced to divest some (all?) of one's offsite investment, which is certainly a disappointment.

I'm wondering if the system is in error, or if this is indeed the way things are supposed to be?
legendary
Activity: 1582
Merit: 1031
i would love to see a normal auto bet UI not these script think...
Would be much more user-Friendly XD


regards
hero member
Activity: 2884
Merit: 620
With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.
I think it is fewer here in the forum gambling sites dice that allow investing investors to put investment in the bankroll. I think they have a high ROI from your investment. That is the advantage of eldest gambling sites, they already build trust from their costumer while a newly launched will need to prove their selves just to be trusted soon. In the gambling industry, there's a lot of competitors and I think they are doing their best now.
Yes, if you will look upon most of the casinos existing here, you can count on how many of them are offering investing to their bankroll. But high ROI, I don't think so, investing in bankroll for example in bustadice won't grow your money as quick as you are thinking.

This is a long term investment and commitment that you had to agree. Competitions are everywhere and obviously with the number of casinos that has different games and others that are focused solely with dice has also its competition but bustadice remains humble being part of the top dice sites.

Since the bustadice bankroll is massive, most investors will only get a small stake in the bankroll if they invest, and thus their ROI won't be insane. But, it's a worthy trade off, since they get top notch security and accountability from two of the most trusted names in the space. 100% worth it and the best option for investing imo.
This is way better and legitimate than those that will ask you for a certain amount of investment and will give you too good to be true returns.

Management of bustadice are reputable and you can sleep at night properly without thinking on what, when and how you're going to get your profit.

I don't know why but I prefer to invest into bustabit more Cheesy.
No worries, bustadice and bustabit, both has good track of record and no competition intended.  Smiley
legendary
Activity: 2842
Merit: 1152
The advantage of investing into this website is that if bitcoin price goes down you have more btc so you are in profit, if btc price goes up you still have more btc so you earn double. Basically investing here never disappointing, there is absolutely no scenario where investing into the bankroll could be a bad business decision, I don't know why but I prefer to invest into bustabit more Cheesy.

I know they are basically the same thing for owners sake and shouldn't matter but that was the first one I invested into and I just didn't feel like switching teams you know? However, if I had seen this one first I would totally invest here as well. This place (and bustabit of course) is one of the most technically run well oiled machine place I have ever seen in crypto, not from marketing not from design not from community support and all that but purely amazing development that is unparalleled anywhere.
legendary
Activity: 2366
Merit: 1206
i love the UI btw,,,simple,clean and nice looking
This is what I like before when this gambling site was launched and I also participate in promoting through wearing signature on my account.
First thing I had noticed is the UI which is clearly to use especially newcomers and newbies in gambling. Even now I am seldom to gamble but still visiting the site. And also speaking investing the bankroll I know you can earn more profit from ROI.

hero member
Activity: 1232
Merit: 503
With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.
I think it is fewer here in the forum gambling sites dice that allow investing investors to put investment in the bankroll. I think they have a high ROI from your investment. That is the advantage of eldest gambling sites, they already build trust from their costumer while a newly launched will need to prove their selves just to be trusted soon. In the gambling industry, there's a lot of competitors and I think they are doing their best now.
Yes, if you will look upon most of the casinos existing here, you can count on how many of them are offering investing to their bankroll. But high ROI, I don't think so, investing in bankroll for example in bustadice won't grow your money as quick as you are thinking.

This is a long term investment and commitment that you had to agree. Competitions are everywhere and obviously with the number of casinos that has different games and others that are focused solely with dice has also its competition but bustadice remains humble being part of the top dice sites.

Since the bustadice bankroll is massive, most investors will only get a small stake in the bankroll if they invest, and thus their ROI won't be insane. But, it's a worthy trade off, since they get top notch security and accountability from two of the most trusted names in the space. 100% worth it and the best option for investing imo.
I don't think their investors are expecting a huge return from their investment at the website, for me it's like buying a stocks from a company since they will give you share of their earning and the stock price also increase like bitcoin, but it's more risky investing with crypto instead of stocks.
hero member
Activity: 698
Merit: 503
Substantiate your success.
i love the UI btw,,,simple,clean and nice looking
full member
Activity: 434
Merit: 101
YouTuber, gambler, and scam-buster.
With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.
I think it is fewer here in the forum gambling sites dice that allow investing investors to put investment in the bankroll. I think they have a high ROI from your investment. That is the advantage of eldest gambling sites, they already build trust from their costumer while a newly launched will need to prove their selves just to be trusted soon. In the gambling industry, there's a lot of competitors and I think they are doing their best now.
Yes, if you will look upon most of the casinos existing here, you can count on how many of them are offering investing to their bankroll. But high ROI, I don't think so, investing in bankroll for example in bustadice won't grow your money as quick as you are thinking.

This is a long term investment and commitment that you had to agree. Competitions are everywhere and obviously with the number of casinos that has different games and others that are focused solely with dice has also its competition but bustadice remains humble being part of the top dice sites.

Since the bustadice bankroll is massive, most investors will only get a small stake in the bankroll if they invest, and thus their ROI won't be insane. But, it's a worthy trade off, since they get top notch security and accountability from two of the most trusted names in the space. 100% worth it and the best option for investing imo.
hero member
Activity: 2884
Merit: 620
With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.
I think it is fewer here in the forum gambling sites dice that allow investing investors to put investment in the bankroll. I think they have a high ROI from your investment. That is the advantage of eldest gambling sites, they already build trust from their costumer while a newly launched will need to prove their selves just to be trusted soon. In the gambling industry, there's a lot of competitors and I think they are doing their best now.
Yes, if you will look upon most of the casinos existing here, you can count on how many of them are offering investing to their bankroll. But high ROI, I don't think so, investing in bankroll for example in bustadice won't grow your money as quick as you are thinking.

This is a long term investment and commitment that you had to agree. Competitions are everywhere and obviously with the number of casinos that has different games and others that are focused solely with dice has also its competition but bustadice remains humble being part of the top dice sites.
full member
Activity: 938
Merit: 105
With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.
I think it is fewer here in the forum gambling sites dice that allow investing investors to put investment in the bankroll. I think they have a high ROI from your investment. That is the advantage of eldest gambling sites, they already build trust from their costumer while a newly launched will need to prove their selves just to be trusted soon. In the gambling industry, there's a lot of competitors and I think they are doing their best now.
hero member
Activity: 2884
Merit: 620
Yes, Bustadice is one of my favorite betting site. Although we see many new gambling sites each day, but the old is old and the gambling experience which we get while playing Bustadice  is just great and not comparable to any of the new sites in the market.
New sites and old sites can't be compared. If its the trust related issue, definitely people would love to deal with the old sites that has reputation and won't gamble with the new ones.

Let's say they might gamble with the new ones but it is just for testing purposes and there's no intention of trusting it from the very first time. Happy to see people like you to say that bustadice is one of your favorite place to gamble.  Smiley
I think that is what makes them so different from other places as well, they are insanely trusted. I am not going to lie there is like maybe just one more place (primedice/stake) people trust as much as bustadice/bustabit and there are like 100+ casinos in all of crypto so they are really at the top. If you think people play on bustadice/bustabit because of the games or because of the different style and what not you are very very wrong, its not.

People play here because the owner is the most honest and most perfect owner out there and there is not a single owner that I can say is better than this one. If you are a casino the people that gamble look for trust first, we are already against house edge so we do not want shady business owners on top of that but bustadice is just so trustworthy I would trust it more than a decentralized trustless place.
You may be wearing a different dice site on your signature and is a competitor on this, but what you've said is true. Bustabit/bustadice are well known in the crypto gambling community and people trust them more than others.

With that said, you can actually be part of their bankroll by investing. Another one, is you are secured that bustadice has their funds covered by the owner and it is very highly likely that they will never run out of funds.
legendary
Activity: 1288
Merit: 1036
Yes, Bustadice is one of my favorite betting site. Although we see many new gambling sites each day, but the old is old and the gambling experience which we get while playing Bustadice  is just great and not comparable to any of the new sites in the market.
New sites and old sites can't be compared. If its the trust related issue, definitely people would love to deal with the old sites that has reputation and won't gamble with the new ones.

Let's say they might gamble with the new ones but it is just for testing purposes and there's no intention of trusting it from the very first time. Happy to see people like you to say that bustadice is one of your favorite place to gamble.  Smiley
I think that is what makes them so different from other places as well, they are insanely trusted. I am not going to lie there is like maybe just one more place (primedice/stake) people trust as much as bustadice/bustabit and there are like 100+ casinos in all of crypto so they are really at the top. If you think people play on bustadice/bustabit because of the games or because of the different style and what not you are very very wrong, its not.

People play here because the owner is the most honest and most perfect owner out there and there is not a single owner that I can say is better than this one. If you are a casino the people that gamble look for trust first, we are already against house edge so we do not want shady business owners on top of that but bustadice is just so trustworthy I would trust it more than a decentralized trustless place.
hero member
Activity: 2884
Merit: 620
Yes, Bustadice is one of my favorite betting site. Although we see many new gambling sites each day, but the old is old and the gambling experience which we get while playing Bustadice  is just great and not comparable to any of the new sites in the market.
New sites and old sites can't be compared. If its the trust related issue, definitely people would love to deal with the old sites that has reputation and won't gamble with the new ones.

Let's say they might gamble with the new ones but it is just for testing purposes and there's no intention of trusting it from the very first time. Happy to see people like you to say that bustadice is one of your favorite place to gamble.  Smiley
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Yes, Bustadice is one of my favorite betting site. Although we see many new gambling sites each day, but the old is old and the gambling experience which we get while playing Bustadice  is just great and not comparable to any of the new sites in the market.

Playing on newer sites means that you might have a better game play experience or you might not but playing on all new sites is more of a risk because they have no real track record versus existing reputable websites.
That is true one may have great game experience on all the new gambling site's but most of time are just new and have no physical address in the case of exit scam you can't trace them. But still on that some new gambling site's are well established and have in a short time created track records which have proven them to be legit. I remembered when bustadice started in 2017 and until now the gambling site is still doing great and I believe new sites also will achieve the same record very soon.

That is a huge concern when there is no address and company ownership details listed on any gaming website.

As long as they are established it might make playing there easier but in reality losing your crypto to a scam or not receiving winnings is a tough blow to take.
full member
Activity: 980
Merit: 114
Yes, Bustadice is one of my favorite betting site. Although we see many new gambling sites each day, but the old is old and the gambling experience which we get while playing Bustadice  is just great and not comparable to any of the new sites in the market.

Playing on newer sites means that you might have a better game play experience or you might not but playing on all new sites is more of a risk because they have no real track record versus existing reputable websites.
That is true one may have great game experience on all the new gambling site's but most of time are just new and have no physical address in the case of exit scam you can't trace them. But still on that some new gambling site's are well established and have in a short time created track records which have proven them to be legit. I remembered when bustadice started in 2017 and until now the gambling site is still doing great and I believe new sites also will achieve the same record very soon.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Yes, Bustadice is one of my favorite betting site. Although we see many new gambling sites each day, but the old is old and the gambling experience which we get while playing Bustadice  is just great and not comparable to any of the new sites in the market.

Playing on newer sites means that you might have a better game play experience or you might not but playing on all new sites is more of a risk because they have no real track record versus existing reputable websites.
full member
Activity: 322
Merit: 101
Bustadice is my trusted gambling sites and one of the popular gambling sites that has been existing for long.  I have been gambling with them.  I like the withdrawal system and process and I wish other gambling sites really emulate them.
The withdrawal process is so fast, you don't have to wait for an amount of confirmation.

And the cheapest fee that I've ever paid to withdraw was around 1.68 bits which is pretty low.

It would be very difficult to find many gaming sites out there that have a better reputation.

In the end everybody should do their own research before participating. There are too many sites out there and not all are equal but with its reputation and clean simple layout you cannot look beyond a handful of websites including Bustabit/Bustadice.
Regarding with Bustabit/Bustadice then theres no doubt that this is one of the best gambling sites nowadays and yes it would really be needed up some research before tending to play on any gambling sites.If we dont like to experience hassle and problems then better stick out to the most popular ones rather than trying out new and unknown sites.I have experience on playing bustabit and its still one of the most popular game nowadays.

Yes, Bustadice is one of my favorite betting site. Although we see many new gambling sites each day, but the old is old and the gambling experience which we get while playing Bustadice  is just great and not comparable to any of the new sites in the market.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Devans sells the code of old bustabit v1 which had the same design but with Bustabit right now, Devans just took the UI and made it look cleaner.
So did Ethercrash, they took the old bustabit look and made it look cleaner, other sites like bitcrash.us ( not recommended playing there ) has the actual exact same design that was use for Bustabit back in the days.

Thank you for the clarification.

I was wondering why there were so many clones around but it all makes sense now.
member
Activity: 226
Merit: 30
so.. hru?
if you take a look at this https://www.bustabit.com/license.txt
you will know which site that buy the license from bustabit, and for ethercrash case it seems they buy from bustabit.

Thank you for the link. I forgot about that URL. Yes it seems ethercrash did buy a licence.

What is confusing though is how the Bustabit and Ethercrash websites seem almost identical down to the layout and even chat plugin. I thought licences were regarding the crash software only so how did ethercrash end up getting a clone of Bustabit?
Devans sells the code of old bustabit v1 which had the same design but with Bustabit right now, Devans just took the UI and made it look cleaner.
So did Ethercrash, they took the old bustabit look and made it look cleaner, other sites like bitcrash.us ( not recommended playing there ) has the actual exact same design that was use for Bustabit back in the days.
Pages:
Jump to: