Topic: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair - page 16. (Read 72089 times)

From what I saw:

Ruru offered to buy his balance at a huge discount, planning to sell it back to ED at a profit.  1dice1 didn't accept the offer.

Same at ED.  You weren't playing against the site, you were playing against the investors.  The site made a profit from every bet, just like you do on your site.

It's much the same.  You could decide to run off with player funds at any time, since you hold them which the bets are pending.

I thought you did sold your winnings for a discount which would have been a smart thing to do if you could get a deal; you didn't sold anything?
doog talks about an offer so you may not have sold

You are obviously one of the biggest losers if ED doesn't pay but it is correct to say that investors lost 100% of their investments, not because of you but because ED closed the website

Yeah if they did payout u , investors wplouldnt have any right to argue. This way u all got scammed, investors can be litle bit less angry coz they lost theirs money when u won , and wouldawe lost it even if they did not scam if coz they would need tocpay u out.
So i thing u lost more. Its rly sad. U got lucky , than much more unlucky.

There is no more hope, If admin was honest he atleast comment here but he is not commenting so its clear sign of scam.

Don't lie, i haven't sold my winnings.
The money that investors lost after i played are the risk they accepted when they did investment, and i won it fairly with risking my own money.

Admin just theft us our balance/invested money when he decided to stop withdrawals and shutdown website.
He still doesn't reply my emails so i think he just ran away with money.

1Dice1 sold his winnings with a discount so he may be ok

Investors lost 100%! Some reinvest after 1Dice1 won thinking he would play again

most probably won't come back again, since their house lost so much BTC,

while with CrowdDice.com there would never be such a problem, you'll never play against the house, but against other players

bad luck for 1DiCe1 and investors

They are done. They wont pay. I saw similar scenarious many times.
Vanity site did say they got hacked and that they will payback what we paid for addyes , and that was it, never paid or commemt again.

ED isn't communicating much and the whole process is shady

1Dice1 is probably honest but they are reluctant to pay him and show a lost for their effort

If it was indeed 3SD/4SD, he is super lucky. at 3SD, he'd be 0.1% of the population and at 4SD, i dont even know what that is.

would love to see the math behind those calcs.

Being a common practice doesn't make it ethical imo. And every case is a case.
One of the options I heard from Ruru, both on ED and JD chat, was to buy the balance for a few coins, getting the slice of investment he lost, and returning the rest to ED's administration and investors, so everyone would be happy except from the person who actually won in the first place. If this is not correct, please clarify.
(How can both parties be happy if you are offering a legit winner to give up 140BTC in exchange for a few coins?)

In the ideal approach, the winner gets paid, investors lose. And with little investment trust left, there's not gonna be much space for ED to come back with the same plan for bankroll funding.

In a realistic approach, ED won't pay, no matter what, because it would collapse. They can't let the investors down. They need 1DiCe1 to give up the winnings in order to survive.
Either 1DiCe1 accepts a few coins or a share of the edge, or loses everything back to the hand of the investors and site's administration. While first option allows site to come back, I doubt very much on the second one.

Whatever will happen, there won't be a cashout, although I secretly hope that I'm wrong for the sake of the community...


EDIT: the site owes a player. you can buy the site's debt I suppose

Surely it depends on whether or not there was a bug that 1DiCe wasn't aware of, but benefited from, or whether it was a glitch that he knowingly exploited.

If you go to any casino and you exploit the site, the chances of you getting any money back (even your deposit) is pretty much zero. In fact, that would apply to glitches too.

Agreed. Buying bad debts is a fairly common practice. In a fiat currency, if a debt goes bad it is sold to a collection agency. The only difference in this scenario is that a collection agency has a better chance to collect.

I don't see any ethical problem with Ruru buying 1dice1's ED balance if both parties are happy with the deal.

The offer was maybe a little low, but it's starting to look like it may have been a little high, too.  For those who think otherwise, I'm owed 1 BTC by pirateat40, and am willing to sell the debt for 1% of its face value.

winning is winning....  pay 1Dice1.  i mean if there is a bug .. then its the site owner's fault.  being an investor thats part of the risk prior to deciding to invest.

I don't think you are a shill, but from what I heard, buying his balance for a few coins and then possibly exchange that for a slice of the house edge - or other benefits for that matter, does not sound ethical to me.
Losing an investment hurts, a recovery should be found, agreed, yet fair and square. Again, any other scenario than 1Dice1 withdrawing balance, is just plain theft. Profiting from it is just unethical in my opinion.

I offered to buy 1DiCe1's balance, but you guys accused me of being ED's shill. Herp.

HOPE YOU BURN IN HELL

It is positive that they wrote a new message but I wouldn't be too happy until players/investors can cash out

I don't officially have any money on ED but the money I offered to buy was very low, I actually don't know exactly how much; we'll just see how it goes