Direct Dice - 10 BTC Jackpot ! Bitcoin, Litecoin, Dogecoin & Darkcoin ! - page 2.

singpays

hero member

Activity: 696

Merit: 500

Quote from: DirectDice on September 07, 2015, 03:09:32 AM

Quote from: singpays on September 06, 2015, 06:24:27 PM

Hello ,

How can i check status , i profit and lost so please help me

Hi singpays,

Thanks for playing with our Direct Dice

To check the status of your bet please enter your bet ID in the Bet Status page : www.DirectBet.eu/BetStatus.cshtml

Your Bet ID is the address where you sent the bet to.

Alternatively, you can enter the transaction ID of your bet transfer.

Please feel free to contact [email protected] if you have any questions or if you need any help.

Thanks a lot !

All the Best,

Michelle

Thanks for the reply

i mean how to check im up and down my profit

Harvin

newbie

Activity: 71

Merit: 0

Looks like a cool site going to check it out.

tonycamp

member

Activity: 84

Merit: 10

you seem like a guy trader and gambling site but im not entering more than a deposit of 0.01 to fun cause fun to addiction its small step soo we need regulated not nervouse gambling to be positive

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

Quote from: singpays on September 06, 2015, 06:24:27 PM

Hello ,

How can i check status , i profit and lost so please help me

Hi singpays,

Thanks for playing with our Direct Dice

To check the status of your bet please enter your bet ID in the Bet Status page : www.DirectBet.eu/BetStatus.cshtml

Your Bet ID is the address where you sent the bet to.

Alternatively, you can enter the transaction ID of your bet transfer.

Please feel free to contact [email protected] if you have any questions or if you need any help.

Thanks a lot !

All the Best,

Michelle

joksim299

legendary

Activity: 2198

Merit: 1014

Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm

Quote from: singpays on September 06, 2015, 06:24:27 PM

Hello ,

How can i check status , i profit and lost so please help me

You can check Bet status here: http://www.directbet.eu/BetStatus.cshtml

singpays

hero member

Activity: 696

Merit: 500

Hello ,

How can i check status , i profit and lost so please help me

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

Want Free Direct Dice Bets ?

Join our Direct Dice Twitter & Facebook giveaway.

It is FREE to enter : https://bitcointalksearch.org/topic/new-get-3-mbtc-or-5000-doge-free-bet-for-tweeting-and-sharing-direct-dice-887679

Good Luck !

Michelle

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

Quote from: knightkon on August 29, 2015, 05:15:44 PM

I am sorry, I am new with this, can someone please guide me as to how to participate with this? Again, Please forgive me, I am new and I am just learning. Can I be a Newbie and still participate?

Hi knightkon,

Thank you for your question

This is the direct link to our Dice game : Direct Dice

It is very easy to play and please feel free to contact us if you need any help.

If you are talking about our Direct Dice Tweet & Share giveaway then it is limited to Bitcointalk members with Activity of at least 30. Please come back when you have more Activity.

Meanwhile, you can participate in our promotions in which we do not limit Activity and win Free Direct Dice bets.

For more details please visit : www.DirectBet.eu/Contest.cshtml

Thanks a lot !

All the Best,

Michelle

knightkon

hero member

Activity: 588

Merit: 500

I am sorry, I am new with this, can someone please guide me as to how to participate with this? Again, Please forgive me, I am new and I am just learning. Can I be a Newbie and still participate?

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

'Follow' us on Twitter !

'Like' us on Facebook !

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

Want to win 190 mBTC FREE Direct Dice bet ?

Predict the correct score of the WNBA game between Tulsa @ New York and it's yours !

Best of all, it's free to try !

For more details : https://bitcointalksearch.org/topic/m.12148285

Good Luck !

Michelle

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

Want to win 40 mBTC FREE Direct Dice bet ?

Predict the correct score of the NFL game between Pittsburgh @ Minnesota and it's yours !

Best of all, it's FREE to try !

For more details : https://bitcointalksearch.org/topic/m.12089441

Good Luck !

Michelle

DirectDice

legendary

Activity: 1008

Merit: 1000

Tipsters Championship www.DirectBet.eu/Competition

Want to win 110 mBTC FREE Direct Dice bet ?

Predict the correct score of the International Friendlies Basketball game between Italy v Germany and it's yours !

Best of all, it's free to try !

For more details : https://bitcointalksearch.org/topic/m.12024670

Good Luck !

Michelle

jambola2

legendary

Activity: 1120

Merit: 1038

Quote from: DirectBet on July 19, 2015, 06:37:42 AM

Quote from: jambola2 on July 19, 2015, 06:29:33 AM

Alright, could you show me where this is written on your site?
I can't find it under VIP Rewards nor Rules. You might want to make it more visible that only half the loyalty points are given.

It's stated in the VIP Rewards page :

http://www.directbet.eu/VIP.cshtml

Quote

You earn 1 loyalty point for every 0.001 BTC, 0.2 LTC, 0.1 DASH or 2000 DOGE that you bet during the month, with the exception of Direct Dice bets, which award half the points.

LOL
I don't know how I missed that.
Gotta get my eyes checked now. Sorry for the hassle.

DirectBet

legendary

Activity: 1288

Merit: 1010

Quote from: jambola2 on July 19, 2015, 06:29:33 AM

Alright, could you show me where this is written on your site?
I can't find it under VIP Rewards nor Rules. You might want to make it more visible that only half the loyalty points are given.

It's stated in the VIP Rewards page :

http://www.directbet.eu/VIP.cshtml

Quote

You earn 1 loyalty point for every 0.001 BTC, 0.2 LTC, 0.1 DASH or 2000 DOGE that you bet during the month, with the exception of Direct Dice bets, which award half the points.

jambola2

legendary

Activity: 1120

Merit: 1038

Alright, could you show me where this is written on your site?
I can't find it under VIP Rewards nor Rules. You might want to make it more visible that only half the loyalty points are given.

DirectBet

legendary

Activity: 1288

Merit: 1010

Quote from: jambola2 on July 19, 2015, 06:18:13 AM

Wait, is your VIP program applicable for Dice?

Yes, but Direct Dice bets award half the loyalty points compared to Sport bets, so the VIP reward is up to 0.5% of your bets stake (not 1%).

jambola2

legendary

Activity: 1120

Merit: 1038

Wait, is your VIP program applicable for Dice?
Then you need to change it, and urgently.

1,000,000 bets of 0.001 needed to get 10 BTC.
1,000 BTC bet at minimum.
Expected house rake: 1,000 * 0.99/100 = 9.9 BTC
Reward given: 10 BTC

Total house rake: -0.1/1000 = -0.01% house edge -> IT IS EV+
The only reason why it will still not practically be EV+ for the player is due to transaction fees (no deposit system in DirectBet)

EDIT: And this is not considering the jackpot. That would increase it to upto -0.3%!

DirectBet

legendary

Activity: 1288

Merit: 1010

Quote from: jambola2 on July 19, 2015, 03:30:22 AM

Quote from: DirectBet on July 19, 2015, 01:59:49 AM

Quote from: RussianRaibow on July 18, 2015, 06:16:16 PM

But, how the jackpot winner is being chosen from the list of anonymous bets ? Could someone please explain ?

If the Lucky Number is 101 your bet will always win no matter what you selected, and if your bet stake is at least 0.01 BTC, 1 LTC, 1 DASH or 10,000 DOGE and is not part of a losing Toto ~ Parlay slip, it will also be eligible for the 10 BTC Jackpot.

The chance to roll 101 is approx. once out of 1 million rolls.

For more technical details on how Direct Dice is rolled in a provably fair manner, please check out :

http://www.directbet.eu/Rules.cshtml#Dice

Interesting.
This changes the house edge if you bet with the minimum required to get the jackpot.

Assuming you get the jackpot every million bets:

For 0.01 BTC:
(0.01*1,000,000) = 10,000 BTC Wagered
0.99% = 99 BTC expected house winnings. 10 BTC won in jackpot.
0.89% effective house edge (99-10/10,000)

For 10k doge = 0.0035 BTC:
(0.0035*1,000,000) = 3,500 BTC Wagered
0.99% = 34.65 BTC expected house winnings. 10 BTC won in jackpot
0.7% effective house edge (34.65-10/3500)

For 1 DASH = 0.013 BTC:
(0.013*1,000,000) = 13,000 BTC Wagered
0.99% = 128.7 expected house winnings. 10 BTC won in jackpot
0.91% effective house edge(128.7-10/13,000)

For 1 LTC = 0.015:
(0.015*1,000,000) = 15,000 BTC wagered
0.99% = 148.5 expected house winnings, 10 BTC won in jackpot
0.92% effective house edge (148.5-10/15,000)

What does this mean?
Attempting to win the jackpot slightly reduces the house edge, with the most significant effect seen on dogecoin.
The formula ((1 million * house edge * min bet size) - jackpot size)/(1 million * min bet size) yields the effective house edge

Assuming the rules stay the same,
((1,000,000 * 0.99/100 * min bet) - 10))/(1,000,000 * min bet)
This becomes 0 at around min bet = 0.001 and further on becomes EV+
If doge drops below 10 satoshis, or litecoin or DASH drops under 0.001 BTC, this jackpot will end up causing DirectDice to be EV+

That's true. Direct Dice house edge is effectively lower thanks to the Jackpot.

Keep in mind that you also get back up to 0.5% of your bets stake through our VIP Rewards program, so the effective house edge for frequent bettors is below 0.4% once you factor in the VIP rewards and the Jackpot.

jambola2

legendary

Activity: 1120

Merit: 1038

Quote from: DirectBet on July 19, 2015, 01:59:49 AM

Quote from: RussianRaibow on July 18, 2015, 06:16:16 PM

But, how the jackpot winner is being chosen from the list of anonymous bets ? Could someone please explain ?

If the Lucky Number is 101 your bet will always win no matter what you selected, and if your bet stake is at least 0.01 BTC, 1 LTC, 1 DASH or 10,000 DOGE and is not part of a losing Toto ~ Parlay slip, it will also be eligible for the 10 BTC Jackpot.

The chance to roll 101 is approx. once out of 1 million rolls.

For more technical details on how Direct Dice is rolled in a provably fair manner, please check out :

http://www.directbet.eu/Rules.cshtml#Dice

Interesting.
This changes the house edge if you bet with the minimum required to get the jackpot.

Assuming you get the jackpot every million bets:

For 0.01 BTC:
(0.01*1,000,000) = 10,000 BTC Wagered
0.99% = 99 BTC expected house winnings. 10 BTC won in jackpot.
0.89% effective house edge (99-10/10,000)

For 10k doge = 0.0035 BTC:
(0.0035*1,000,000) = 3,500 BTC Wagered
0.99% = 34.65 BTC expected house winnings. 10 BTC won in jackpot
0.7% effective house edge (34.65-10/3500)

For 1 DASH = 0.013 BTC:
(0.013*1,000,000) = 13,000 BTC Wagered
0.99% = 128.7 expected house winnings. 10 BTC won in jackpot
0.91% effective house edge(128.7-10/13,000)

For 1 LTC = 0.015:
(0.015*1,000,000) = 15,000 BTC wagered
0.99% = 148.5 expected house winnings, 10 BTC won in jackpot
0.92% effective house edge (148.5-10/15,000)

What does this mean?
Attempting to win the jackpot slightly reduces the house edge, with the most significant effect seen on dogecoin.
The formula ((1 million * house edge * min bet size) - jackpot size)/(1 million * min bet size) yields the effective house edge

Assuming the rules stay the same,
((1,000,000 * 0.99/100 * min bet) - 10))/(1,000,000 * min bet)
This becomes 0 at around min bet = 0.001 and further on becomes EV+
If doge drops below 10 satoshis, or litecoin or DASH drops under 0.001 BTC, this jackpot will end up causing DirectDice to be EV+

Topic: Direct Dice - 10 BTC Jackpot ! Bitcoin, Litecoin, Dogecoin & Darkcoin ! - page 2. (Read 32129 times)