Topic: █ DiceCo.in is now for sale! Check auctions! (Read 3409 times)

What was starting point for Grand jackpot?

Great news..so it can be hit soon because its been a while since your launch but no one hit the major jackpot yet. I will give it a try soon.

And we keep on rolling...

Only Demo and Libby are winning jackpots
Bot integrated strategies are interesting will try Challenge later.

Over 1.000.000 bets. Nice guys. Good luck with this nice dice game

this site is just amazing and without question xanderu split the minor jackpot without blinking a eye.
 this is a great site everyone and there are big jackpots to be won.

Awesome hit, .

Despite being a smallish site, the community within is great. It'll be awesome to see it flourish as more people get involved!

This time i won a minor jp. And i just shared this with the online players. The minor was 362. And I send to demo and libby515 181 bits for each. 

Thanks libby also ranlo! 

My experience with them has also been great. They've been open to answering things, taking in comments and suggestions, etc.

And congrats, Libby!

first i want to say that immediately after i found the glitch they found out what caused it and fixed it and returned lost bits from glitch to me. they treated me very well during the whole process, and i did win my second minor jackpot a few minutes ago. so there is no question that they run a legit site and actually listen to what people say in chat also.

We are covered for at least 3 Grand Jackpots at the moment.
After that we will analyze and make a decision if we will keep this ranges or we will modify them.
Any changes will be made public. 

hi

very nice explanation and fair enough trying to treat your customers as VIPs.

one more question

you are saying
That's why we adopted this jackpot system in the first place, because we have the certainty that the prizes will be won pretty soon.

lets say the grand jackpot is hit soon = today will you offer again the 1 BTC jackpot? if yes what will happen if
a user wins this jackpot again because it is a soon jackpot? how often will you payout this jackpot out of your pocket? and if yes for how many times?

good luck and keep up the good work

That's a fair question. Thank you for asking!

This is part of our promoting strategy. We are a new site and at this stage, our main priority is to attract people that actually play.
Sure we can use what the competition use, rain or giveaways, but we believe that these are effective only on short term.
We want to establish a trustworthy relation between players and the house.
We want players to see that we respect our promises, that we pay the money we offer.
That's why we adopted this jackpot system in the first place, because we have the certainty that the prizes will be won pretty soon.

We are willing to make this long-term investment because we want to grow, and most important to stay on this market.
1 BTC from commissions is far from our goal.

Until now we offered 2 minor jackpots and one more in the "Guess the Jackpot" contest (well, not really, because the winner seems to be missing ) Don't worry winner, there's no deadline to claim your prize and we will pay when you will show!) all these in a very short time.

https://bitcointalksearch.org/topic/m.14205665

Plus that we had an issue, some sort of glitch.
Libby discovered it on his skin and lost bits on this tehnical error.
We solved the glitch and we rewarded him with the bits he lost and the moderator role. Libby can confirm it.

This is how we treat our players.

How do you plan to pay jackpot winners if grand jackpot is won before you earn 1BTC in comission?
Current hash for Grand jackpot

Good luck to everyone! 

That's 2 jackpots in a short time frame. The other 2 are much larger and are ready to be won also. Can happen at anytime, who will be the next lucky player.
 

agree with you all players like to know the odds of a Jackpot 

OP you did the right move to publish the Jackpot ranges. players now can decide if it is worth to go for the Jackpot and play on your very nice dice site

interesting is that the owner of moneypot prefers the hidden or secret version of a Jackpot 
secret ranges would give the owner of a dice site all options to cheat the players and the players will hit the Jackpot today tomorrow or in one year and so on 

his answer was

Just wanted to chime in. I like this method more than the 1/x chance one. And the reason is simple: someone will hit these jackpots. A 1/1m chance could not get hit for 50m rolls. Or 16000 billion rolls. Or it could get hit 50x in 500 rolls. Instead, this method ensures that the JP is going to be hit, and within a subjectively short period of time in comparison.

and after OP published the ranges he posted 

Awesome information, Smiley. Still a pretty big range but helps a lot in knowing how close it is to a guarantee (i.e., if you're at 350 you're already at a severely increased chance of hitting).

Now I understand how jackpots it works on your app  . I think it's a great idea to make public the ranges. In this way every player will now that jackpot is guaranteed. Good luck!

Awesome information, . Still a pretty big range but helps a lot in knowing how close it is to a guarantee (i.e., if you're at 350 you're already at a severely increased chance of hitting).

confirming that i did hit that minor jackpot and it was added to my balance within seconds,, thanks again.

I'll go first. I guess 377, .

Nice promo, but its better for you to make other thread for this promo on Games and Rounds because you are not allowed to do a promotion here and the good thing is that you will get more attention on Games and Rounds board.

Here is the FAQ for all Jackpots! This contest has it's own rules. UP!

I not understand..
How can win jackpot.
what need doing for it?
How chance to win your jackpot?

DiceCo.in doubles the Jackpot for you!
Guess the winning value of our first Minor Jackpot and win the Jackpot also!

Requirements:
- post an integer value (e.g. 399; Not 399,8787)
- 1 post per user // NO EDIT POST ALLOWED!!!
- Wager at least 2 bits on the website (PS. You can use the faucet to do that!)

The first to guess the jackpot value will win the jackpot amount.
If there's no correct answer,  the first who is nearest the value will win it.
As you know, the Jackpots values are encrypted so the only way to get the value is to have a winner of it.
That's why the prize will be awarded after our first jackpot will be won!

With this we make public the current range for Minor Jackpot:
Starting point = 120 bits
Current value = 325 bits
Maximum value of jackpot = 400 bits

!!! So there only 75 values left.
Let the contest begin!!

Very nice ! 

We almost wageret 1.000.000 bits. Thanks Guys  . 

Hey guys you can try our strategies on autobetting system: "MartinGale V2", "JackPot RUN", "Challenge" or "Strike". Good luck! 

Problem solved  

There weren't any announcement in website, so i thought my account had some problem & i even made new account.
Will try this website after maintenance done

Yes. We have a tehnical problem with the Moneypot API, nothing more. The website will be closed today for maintenance.
Stay close! 

This app not enabled in moneypot

Error message :

Unable to enable the app. Please contact the app owner.

it is a good site i did use it and win a bit

Thanks eternalgloom.We take your opinion into consideration. 

This was also our idea when we started this project. 

The design looks pretty good actually, but I would prefer it if the jackpot amount was just displayed as a BTC value like 0.987654 BTC.
Just my opinion though...

Just wanted to chime in. I like this method more than the 1/x chance one. And the reason is simple: someone will hit these jackpots. A 1/1m chance could not get hit for 50m rolls. Or 16000 billion rolls. Or it could get hit 50x in 500 rolls. Instead, this method ensures that the JP is going to be hit, and within a subjectively short period of time in comparison.

After reviewing your feedbacks we decided to modify some things to solve your concerns about the Jackpots.
Quoted from our new FAQ section:  

"When a new Jackpot is set, our server generates a random Hash Key (e.g. "MB58bNJogX") and random value for the Jackpot (e.g.  777). This value is the amount of bits to be won.
These two, the Hash Key and the Jackpot value are encrypted into a SHA256 Hash Code in the following form: "MB58bNJogX777".
The generated Hash Code for every Jackpot (Grand, Major and Minor) is shown in the Jackpot Box.
When a Jackpot is won you will find the jackpot value along the Hash Key and the Hash Code in the Jackpots Tab.
You can verify the authenticity of the Jackpot here:
http://www.xorbin.com/tools/sha256-hash-calculator
After each increase of jackpot, the server compares the generated Hash Code of the new value with the
Jackpot Hash Code. When these two are the same, we have a winner.
In this way we assure that no one knows the Jackpot value and that no one can modify it."

We believe this setup of the Jackpot has some great benefits:
1. The certainty that the Jackpot will be won.
If we have a certain value, there is only a matter of time until we will have a winner.
The odds system approach gives you a much lower chance to win and it is possible to not have a winner for a very long time, unless the odds are controlled.
2. The Jackpot value cannot be seen or modified by the owners and trustworthy is very  important for us.

In the end we would like to thanks to all users who gave us a feedback. This is the only way to progress and maintain a high standard.

I was thinking the same, a jackpot should have an odd IMO. 1 in 100,000 bets or something like that, the other moneypot apps that has a jackpot always inform the odd of the jackpot to players.
i.e JPR have a jackpot with odd 1 in 279936, they explains the formula of the jackpot very well.

thank you for taking the time for the more in depth explanation.

please bear with while I try to explain how I see it as a gambler

you are saying
- We didn't specify an odd for each jackpot, because there is no one. When we launched the website and started the jackpots, each one, MINOR, MAJOR and GRAND received a random value.
THIS VALUE IS WHERE THE JACKPOT IS WON!!! -

you specified a value and no one knows this value as far as I understood. only you know it. who will guarantee me as a player that you will not send a family member etc to bet when the jackpot is due?
again I am not saying that you will do it and you are looking to a decent guy

this is a very strange jackpot setup IMO and lets see if we get this cleared up and I hopefully misunderstood something here

good luck

Guys check out our new updates on autobetting.

We will make a FAQ page for jackpots soon. 

Sorry for this misunderstanding. I believe that the problem here is our lack of explanations, so I will try explain the concept again with examples to be clear for everyone.
First of all, there's no secret involved, no hide and seek game and our Jackpots are provably fair like all contents from Moneypot.
 
We didn't specify an odd for each jackpot, because there is no one.
It stays like that:
When we launched the website and started the jackpots, each one, MINOR, MAJOR and GRAND received a random value.
THIS VALUE IS WHERE THE JACKPOT IS WON!!!
So if the value for the Grand Jackpot is 1.5 bitcoin, when this value is reached, the last bettor will win the jackpot.
EXAMPLE: if the jackpot stand at 1.49999999 and we bet and make it 1.5 bitcoin, we win the jackpot.
HOW THE JACKPOT GROWS?
Well it grows from wagered money. If there are more money wagered, it will grow faster.

And yes, if you wager more money you have more chances to win any of the jackpots because you reach more values.
For example: if you wager 1 bit you modify the jackpot from 100 to 100.0005. and have 5 values where you can win the jackpot: .0001, .0002 ...you get it.
But if you wager 1000 you grow it from 100 to 100.1, so you have 1000X more values where you can win the jackpot.
Truly said, you have 1000X chances to win it than by betting 1 bit.

The system is automated, and after a win and reset of the jackpot, the value is automatically stored in the database.

Thank very much. I hope this make sense. Good luck!

sorry it is not the answer to my question and very sad that you as the owner can't answer my question. it is not an hide and seek game sorry to say that

ranlo just answer to your question.

sorry but I thought my question was very clear and understandable.

please let me try again. could you tell us the odds for each of the 3 jackpots? the answer should be
1 in xxxxxxx to win jackpot 1
1 in xxxxxxx to win jackpot 2
1 in xxxxxxx to win jackpot 3

or is it a secret? if yes why should a player try to win a bet that maybe has no chance at all? I am not saying that you are cheating. moneypot games are provably fair but is this jackpot prize provably fair?

This is the best explanation! Thanks ranlo   .

To clarify...

It's not based on a chance per bet. There is a set point. Think of it like saying "bet #31,503,292 wins!" but instead of being based on each bet, it's based on the amount the jackpot has to reach. A twist on the norm.

The jackpot will be won by the player who bet last before reach the boiling point.

I am missing one explanation and in case I missed it I apologize and please point me to it.

you offer 3 Jackpots but I did not see the odds to win each Jackpot. please explain us the odds to win those 3 Jackpots. I saw only that you mentioned a random boiling point whatever that might be. thank you and good luck

Thanks ranlo!

Post number 5 explains how it all works, .

*****

I also cannot find info how to hit the JP?

hey this is great, with progressive jackpot, anyhow how to hit that jackpot? any specific number to hit it?
congratz for opening new dice gambling site. hope this will success in future

Just wanted to drop in and say that the staff of Diceco.in has been receptive to input, and the site looks great! Not to mention the jackpot atm (top one) is 1BTC+ and there are smaller ones as well. Pretty neat idea and it's building up!

The Autobet function is officially launched!!!
We can choose from multiple options and create your own winning strategy.
Stuff you can edit:
- wager
- multiplier: You can increase/decrease the multiplier, generally known as the "odd" after a win/loss.
Example: If you want to decrease a multiplier of 2 to 1.5 after a loss, fill the multiplier input with 0.75.
- switch: You can switch from high to low whenever you want, after a win/loss or after a number of rolls.
- reset: Reset to the first bet.
- stop: Stop after a win/loss, after a number of rolls or if you earn the profit you want.
Don't feel inspired? Choose one of our default strategies: Martingale V2, Challenge, Strike or Jackpot Run and start winning!

And remember, the jackpot is closer than you think!

Thanks for your remark.
We will start a sig campaign asp.

Wait, just realized that I do not find a direct link to your site on your opening post. Did you forget it?

And as what I suggested on chat yesterday, you need to do some promos to attract players. As I see when I'm online, there is no other players..mostly around 3-4players only and now I'm alone there lol

We will make a FAQ page. Thanks 

I'm still confuse how the jackpot works, maybe you can add a FAQ page or a special page to describe all details about the jackpot.

Let's take an example.
When the minor jackpot resets and starts at 120 bits, a random value for it is set, let's say 198.
When the jackpot will hit this value, 198, the last user that placed a bet before that, will win the jackpot.
So there's no timer, only a random value to be reached.
I hope this makes sense.

  The capslock will be solved.

Thank you for asking.  

Cool site, I love the idea of various Jackpots. I think that schemes keep people interested and keeps them playing. Knowing you might win a lot of bitcoin (even off a dust bet) is exciting and will keep users coming back. One recommendation would be to remove the all caps text for chatting, it looks like everyone is shouting

And you said that each jackpot has a predetermined "boiling point", but is this a timer? A bet count that must be reached?

There are some clarifications that needs to be made.
In the following we will explain the concepts of our Jackpots.
Every jackpot has a fixed starting point.
The money is offered from our funds everytime a jackpot is won by a user and is reset to default value.
After that, the Jackpots are funded from wagered money.
Every time a bet is placed you will see the jackpots growing.
Right now, each jackpot is funded 10% from the fixed profit gained from moneypot.
So 30% in total.
From the rest of 70% we pay the starting values.
But these percentages aren't final and probably will grow in the near future.  
Every jackpot has a random boilling point which is set at every start.
The user to place the last bet before the value is reached, regardless of bet value or bet result, will win the jackpot.
The jackpot will be instantly transferred to his bankroll.
Everyone using the website will see a pop-up everytime a jackpot is won with the winner and the prize.

Important News!!!
1.The app has been verified by Moneypot so now you can be 100% that the site is trustworthy.
2. We have a new animation!!!
Please feel free to send a feedback. We appreciate any opinion, we want to know if something is wrong. That is the only way to grow and offer a great experience.
3. Probably the most expected: Autobet
We are working at a Autobet function and will be up very soon.
If you have any recommandations or you want to see a feature, FEEL FREE TO ASK!

Can you explain more about the jackpot's ?

I stopped infor asec. Site needs to add autobet function as well as explain this bonus system a little better

That's an interesting idea   .Good luck! ..

EDIT: We decided to make public the Jackpots Ranges! All Jackpots are guaranteed within these ranges.
120 - 400 bits
45678 - 100000 bits
987654 - 1500000 bits (0,98 - 1,5 BTC)

How the Jackpot works ?
When a new Jackpot is set, our server generates a random Hash Key (e.g. "MB58bNJogX") and random value for the Jackpot (e.g. 777).
This value is the amount of bits to be won.
These two, the Hash Key and the Jackpot value are encrypted into a SHA256 Hash Code in the following form: "MB58bNJogX777".
The generated Hash Code for every Jackpot (Grand, Major and Minor) is shown in the Jackpot Box.
When a Jackpot is won you will find the jackpot value along the Hash Key and the Hash Code in the Jackpots Tab.
You can verify the authenticity of the Jackpot here: http://www.xorbin.com/tools/sha256-hash-calculator
After each increase of jackpot, the server compares the generated Hash Code of the new value with the Jackpot Hash Code.
When these two are the same, we have a winner.
In this way we assure that no one knows the Jackpot value and that no one can modify it.

We are happy to announce a new bitcoin-based dice game that is going to dazzle.
DICECO.IN reinvents an old gambling feature, JACKPOT.
Why is this great? Because you can use the faucet and gain free bitcoins to play and have the same chance at the jackpot as a high roller.



We offer the starting chips for each jackpot, and then they will be supported from wagered money.
Our goal is to offer a great experience and good quality services and we will work hard for that to happen.
When the community will grow, we will raise the percentages offered to jackpots and we will have bigger wins and smaller intervals between them.
 You are in control of this happening.

The site is supported by MoneyPot, so you benefit from all their features.

- faucet: receiving free bitcoin to train yourself.
- chat: where you can talk with other players, or ask questions. A mod will be there most of the time to answer you.