If you guys want to make money with Dice I recommend you following Method
Got to
www.satoshidice.com/?a=716192856sign up for a new Account and fund it with a few coins
go to
- Bet on the House
-kick back and watch your money grow
Your deposit calculates the %payout you receive
For example
I signed up at 9 pm and deposited 0.04 BTC and I already made 300 Satoshis so far , its 9.20pm
not much but hey small satoshis add up aswell
try it out you cant risk anything, you can also stop your investment at any time
www.satoshidice.com/?a=716192856Good Luck
Bet on the HouseYou have the opportunity to be part of Satoshi Dice's bankroll. The bankroll is the total amount that that players have placed to bet on the house and you are paid according to your percentage of the house's bankroll. Satoshi Dice uses a 1.9% house edge and backers get 50% of the house wins or losses. This means a 0.95% Expected Value (EV) that is shared by the backers. Affiliate earnings, Leader Board rewards and other rewards are not paid by the backers, and there are no additional fees. Minimum amount to bet on the house is 0.001 and there is no upper limit.
How Backer's Percentages of the Bankroll Are DeterminedIf the first backer deposits 10 bitcoins, he has 100% of the bankroll, and earns 1.9/2=0.95% of all earnings. Now suppose that players lose 10 coins while playing on the site. 50% of this is rewarded to the backers, and since there is only one backer he gets 5 coins added to his investment. The house's bankroll is now 15. Now another player invests another 5 coins, bringing the bankroll to 20. The original backer's 15 coins now make up 75% and the new backer's 5 coins make up 25% of the total bankroll. If now another 10 coins are lost by players, the first backer gets 7.5 coins and the second backer gets 2.5 coins, bringing their bankroll bets up to 22.5 and 7.5 coins respectively. At this stage, the first backer can withdraw his 22.5 bitcoins with a 12.5 profit and this would bring the second backer's percentage of the bankroll from 25% to 100%.
Satoshi Dice keeps the maximum profit a player can make on a bet to 1.9% of the bankroll (employing the Kelly criterion). This means that if the house loses money to lucky players, the maximum allowed profit made on new bets will shrink. If we assume that the players try to play with the highest possible EV, they will try to always place bets that has the maximum allowed profit when winning. If the same bet volume is maintained by bets with a lower maximum profit, it would have to be accomplished by a larger number of bets. This would increase the EV for the house because each single bet has a 1.019 EV for the house. The automatic adjustments of the maximum allowed bet profit also makes it impossible for players to win the entire bankroll.
Good Luckwww.satoshidice.com/?a=716192856