Topic: bustadice – Next Generation Dice - page 35. (Read 37585 times)

Yesterday I made an withdrawal from my bustadice account,it takes too much time to get into queued but I never waited this much long before.

So is this just normal or the site was under maintenance or something?

Yesterday I made an withdrawal from my bustadice account,it takes too much time to get into queued but I never waited this much long before.

So is this just normal or the site was under maintenance or something?

I am also looking forward to invest on the bustadice soon,I clearly read all the details about investing on bustadice site,you also can invest on it guys the minimum amount to invest is affordable for everyone.Really bustadice is getting popular I can see more players are coming to the site,but sadly I never had time to play this week because of busy with my job hope to play in the coming week regularly and also looking to have fun on chat box.

Thats really a good news. Looking forward to invest simply because the site seems legit and the owners and developers seem very hardworking.

it is very fun to gamble here. and this looks without any problems at all. whether for deposit or withdrawal. more fun because bustadice has a live chat with the players. considering this site is included in the new gambling site, but bustadice is able to show its capacity as the best dice gambling site

I really really like to use this site for gambling because it has one of the most interesting interface and i have never faced any problem using this site. I am using this site for around 2 months and i have never faced any problems with deposits or withdrawals. The fact that you can chat with other players online makes it very very fascinating and fun.


Thats really a good news. Looking forward to invest simply because the site seems legit and the owners and developers seem very hardworking.

The dilution fee has been lowered from 10 % to 1 %. Investors that have paid more in dilution fees than they have gained have been refunded the difference in fee rate.

-snip-
But I just want to read more about the investing into bustadice is there any link for clear explanation.

How does investing in the bankroll work?

It's simple: The casino's profits and losses are shared among all investors proportionally to their investment. For example, if you have invested Ƀ 10 and the entire bankroll's size is Ƀ 200, you earn Ƀ 0.05 when a player loses Ƀ 1. This profit increases the value of your stake in the bankroll rather than your account's balance.

In order to operate the site, fund further development and advertising as well as to make a profit, we charge investors a 0.25 % commission on every wager. This commission is deducted from the bankroll on every wager, regardless of whether the player wins or loses.

You can manage your contribution to the bankroll on the investment page.

What is the dilution fee?

To encourage long-term investments, a stable bankroll size and to reward earlier investors, there is a dilution fee of 1 % on all investments. This fee is split proportionally among all bankroll investors, including the new investor. Consequently the effective fee is always lower than 1 %.
How does offsite investing work?

When you participate in the site's bankroll you can choose to only deposit part of your investment, reducing your counterparty risk and allowing you to put your bitcoins to use elsewhere.

To make use of this option, simply adjust the size of your offsite investment on the investment page and you'll participate in the house's profits and losses as if you had deposited the entire amount. We'll keep track of your offsite investment and ensure that you're never risking too much or too little.

A leverage of up to 50:1 is supported, which means that Ƀ 1 invested onsite can support up to Ƀ 49 offsite for a total of Ƀ 50 invested. The dilution fee for your offsite investment is deducted from your onsite investment, so keep that in mind when deciding how much of your investment to keep onsite.

What happens if my onsite investment becomes too small?

If your onsite bankroll becomes too small to support your offsite bankroll, your offsite bankroll is set to 0. You receive a fee credit in the amount of what your offsite bankroll was, so you can reinvest some or all of your offsite coins without having to pay the dilution fee again.

Currently investors are not notified when they are margin-called. For that reason it's a good idea to check on your investment every so often, particularly if you're using a large amount of leverage.

I'm assuming your a gambler, in which case it doesn't affect you. Dilution fee and Leverage limits solely affect investors.

Dilution fee is a fee that is charged and distributed to existing investors when you invest, as a "payment" for diluting (making their share smaller). Now that it's been reduced to 1%, if I wanted to invest 1 BTC, I would lose 0.01 BTC instantly.

Leverage allows me to have part of my investment offsite, and pretend that it's invested. It used to be that 50x leverage was allowed, so I could invest 1BTC, and pretend I actually had 50BTC. This increases my risk, as if my investment drops a bit lower than 2%, I get margin called and my investment becomes zero. It also increases my profit though, if players lose. I had a 20x leverage investment since the site launched. I made a ~33% ROI as was heavily leveraged, while an investor investing without leverage would only have made a profit of ~1.8%.

Investment management
The minimum amount that can be invested or divested is Ƀ 0.01. If you attempt to invest or divest more than you can afford, the largest possible value is used instead.
To compensate existing investors for diluting the bankroll, 1 % of your investment is deducted before it is added to the bankroll and distributed among all investors–including yourself–afterwards.

By the way I really don't understand what about this announcement is because I have no idea what is that dilution fee and leverage.I hope someone will explain me about them.

That's make the thing put you in a danger if you are always in hurry,  
Btw bustadice live chat box are having an active members their you ask any time or admins deniel and to my friend Purzi they are always be there to answer regarding with your problem so, there's no reason behind that you look like a careless person. Before you can't chat the chat box if you don't have a balance but now they make open for everything.
See you there bro.

I've just deployed an update that makes a few changes:

• The dilution fee has been lowered from 10 % to 1 %. Investors that have paid more in dilution fees than they have gained have been refunded the difference in fee rate.
• The maximum leverage has been lowered to 3:1.

yes that's what you should do, pay attention around and care what you should know. so you do not look like a careless person. and for that start you try to gamble in bustadice so you can feel the pleasant sensation there  

Yeah,sorry for that.Just now I realized that was there and I missed to see that until now. I am always in a hurry with personal life that is the reason I don't have much time to explore the site,now I have to search what are available in the bustadice.

I went all in and did the max 50x leverage. I figured I needed to be that aggressive to make back the 10% dilution fee. I knew it was a very risky investment so I only put 0.01 in, more for fun than anything else.

You may have messed up lowering in the max leverage, unless it's for new investments only. My 0.1BTC onsite + 1.9BTC offsite stayed the way it was, before I manually lowered the leverage.

How much leverage did you use? My 0.1BTC onsite + 1.9BTC offsite didn't bust, and that's a 20x leverage.

Cheers Daniel. My tiny investment got busted out early on and now have some bits to gamble with.

Wouldn't it be zero? For every dilution fee that was paid by an investor, an equal amount was received by investors. So the sum is zero, and so the average is zero.

At least it would have been if Daniel didn't just refund people out of his own pocket.