Just a nice tip for every investor, both LTC and BTC， here is a quote from the movie Sweeney Todd. A sentence from Mrs. Lovett.
(Sorry for you who divested in the bottom.... my friend....)
Topic: [dicenow.com] btc/ltc casino - 10,000 rolls per click - play/invest - multi edge - page 5. (Read 15317 times)
November 02, 2013, 07:58:51 AM
Congratz on all Litecoin Investors. after the raid to the LTC pot a few days ago down to -300 LTC, while Just now, a guy who was betting 1.15x with litecoin brought the house a flip from negative to positive, with now 300LTC profit.
Just a nice tip for every investor, both LTC and BTC， here is a quote from the movie Sweeney Todd. A sentence from Mrs. Lovett.
(Sorry for you who divested in the bottom.... my friend....)
Just a nice tip for every investor, both LTC and BTC， here is a quote from the movie Sweeney Todd. A sentence from Mrs. Lovett.
(Sorry for you who divested in the bottom.... my friend....)
November 02, 2013, 05:57:24 AM
jasper was up 1btc yesterday, but had some bad luck today
November 01, 2013, 06:04:57 AM
2386 lost 125 ltc
1535 won 2 btc
1535 won 2 btc
October 31, 2013, 05:13:18 AM
Targeting Chinese is the best thing to do. They have much more money, they spend much more and they are addicted to gambling.
China has recently become the number 1 country for Bitcoin.
China has recently become the number 1 country for Bitcoin.
October 31, 2013, 04:10:28 AM
New dicenow review: http://bitcoinreviewer.com/dice/dicenow-review/
Great for investors to see what players think about the website.
Great for investors to see what players think about the website.
October 31, 2013, 01:53:47 AM
Dicenow is proudly providing support to Chinese user with a quite accurate translation updated. He is working on a new interface At the moment
(targeting BTC-DICE customer, their wager per week is ~ 30000BTC
)
Advertising is planning
(targeting BTC-DICE customer, their wager per week is ~ 30000BTC
)Advertising is planning
Targeting Chinese is the best thing to do. They have much more money, they spend much more and they are addicted to gambling.
China has recently become the number 1 country for Bitcoin.
October 31, 2013, 01:33:35 AM
starting with only 100ltc, ltcwin gambled up to 500ltc before losing it all
October 30, 2013, 09:18:52 PM
Dicenow is proudly providing support to Chinese user with a quite accurate translation updated. He is working on a new interface At the moment
(targeting BTC-DICE customer, their wager per week is ~ 30000BTC )
Advertising is planning
(targeting BTC-DICE customer, their wager per week is ~ 30000BTC
)Advertising is planning
October 30, 2013, 03:00:48 AM
losing? np just yolo it ...
this message brought to you by kasog
October 29, 2013, 04:58:08 AM
I have been invested now since start of the site.
Is it better for me to divest sometimes or should I keep being invested all the time to maximize profit?
Is it better for me to divest sometimes or should I keep being invested all the time to maximize profit?
The expected profit grows along for longer you stay. But really, no one really knows the outcome and you shall not expect your profit to be linear and growth steadily.
Investing comes with risk, and often time the risk is more or less in proportion to the return. Good Luck
A friend who leveraged his investment 10x
Me
PS: whales are flippin, dont invest what you can't afford to lose.
October 29, 2013, 04:16:16 AM
I have been invested now since start of the site.
Is it better for me to divest sometimes or should I keep being invested all the time to maximize profit?
Is it better for me to divest sometimes or should I keep being invested all the time to maximize profit?
nobody knows because the evaluation of a 'better investment' comes from if there is profit or not, and that depends on the luck of players.
the math for +EV only works in the long term, with enough players and wagered.
investing and divesting often is similar to gambling however, so if you play that game you might as well just gamble and be able to control the bets.
October 27, 2013, 07:56:23 PM
I have been invested now since start of the site.
Is it better for me to divest sometimes or should I keep being invested all the time to maximize profit?
Is it better for me to divest sometimes or should I keep being invested all the time to maximize profit?
October 27, 2013, 08:21:38 AM
Why does it have to be "return to base after win or after loss"? I don't want to return to base.
Is it possible to do different things (ex: change payout) after win and loss?
Is it possible to do different things (ex: change payout) after win and loss?
October 26, 2013, 03:34:01 PM
So if there were very big bets, say by a "whale", ultimately you approach two scenarios if you allow the user to win 100% of the pool
1) the whale loses the bet, you as the investor make 190% return (50.5% probability with a 1% edge)
2) the whale wins the bet - you make a 0% return. (49.5% probability with a 1% edge)
Then the expected return - is roughly 95.95% of your money.
Obviously an extreme case, but what would the math look like for a 1% or 0.5% max bet?
I'm pointing out the disadvantages to investors of having the commission taken away from them BEFORE they cash in their winnings. You could easily, especially in the early stages of a site when it has little bankroll, have your profit go up 100%, pay a 10% commission, and then have your investment go back below what you put in - in which case you are facing a 10% loss (commission) plus the additional loss from betting.
This is compounded if you do it daily.
The problem is lessened if you assume the website will operate for a longtime and will be profitable in the longterm (though this is something that just-dice hasn't always been).
I'm not sure what is fair, because the website operator needs a more standard flow of income than the investors do.
1) the whale loses the bet, you as the investor make 190% return (50.5% probability with a 1% edge)
2) the whale wins the bet - you make a 0% return. (49.5% probability with a 1% edge)
Then the expected return - is roughly 95.95% of your money.
Obviously an extreme case, but what would the math look like for a 1% or 0.5% max bet?
I'm pointing out the disadvantages to investors of having the commission taken away from them BEFORE they cash in their winnings. You could easily, especially in the early stages of a site when it has little bankroll, have your profit go up 100%, pay a 10% commission, and then have your investment go back below what you put in - in which case you are facing a 10% loss (commission) plus the additional loss from betting.
This is compounded if you do it daily.
The problem is lessened if you assume the website will operate for a longtime and will be profitable in the longterm (though this is something that just-dice hasn't always been).
I'm not sure what is fair, because the website operator needs a more standard flow of income than the investors do.
October 26, 2013, 01:46:37 PM
Got a bit of relatively big player today, won some with my highly leveraged investments
October 25, 2013, 12:26:27 PM
I love the win8 look, sets it apart from the comp
October 25, 2013, 03:33:31 AM
It is working well now.
The website need a ddos protection.
The website need a ddos protection.
October 24, 2013, 10:52:58 PM
It just doesn't load "website". On two different computers, different browsers (firefox and chrome), different OS, different internet providers.
October 24, 2013, 06:57:35 PM
Offline ?
Running now.
EDIT: Still having problems. Frontend loaded, but it couldn't connect to the server data.
EDIT: Still having problems. Frontend loaded, but it couldn't connect to the server data.
Someone has been continuously botting for the past 5 hours, and my client has stayed connected watching them.
Can you give me any error messages you received?
There was an attempt at ddos yesterday, so I took some mitigating measures.
October 24, 2013, 05:35:59 PM
Running now.
EDIT: Still having problems. Frontend loaded, but it couldn't connect to the server data.
EDIT: Still having problems. Frontend loaded, but it couldn't connect to the server data.
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