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Topic: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair - page 35. (Read 72091 times)

member
Activity: 98
Merit: 10
is there any reward for 500.000th bet ? Smiley

Hi Cech.. Unfortunately no reward on the 500,000th bet, the announcement also will be too sudden. But after discussion with the team, we are agree to use Uptweets idea to reward to the 1,000,000th bet.

maybe 0.1BTC for the first one who wagers more than 0.1BTC after the millionth bet?

The rule will be as follows:
  • 0.1 BTC for the first one who wagers 0.1 BTC or more after one million-th bet
  • 0.05 BTC for the first and the second one who wagers 0.05 BTC or more after one million-th bet
Will post this to our blog too Smiley

So you're saying my account has been blocked from manual rolling? If that's the case thank you very much. I know it seems kinda crazy but I'd like to let my investment be for awhile. Maybe in a month or so do I have the option of getting unblocked? Also, I still have my abilities to deposit and withdraw? Thanks Everydice.

Even you cannot be unblocked automatically, I think you can always start a new account if you really want to bet. Well, that seems like a gambling problem again.

@badjacks
Your welcome badjacks, thank you for investing in ED too! Smiley
You can check by trying to roll 0 bet. Sure, you can PM me whenever you are sure you want to unblock the roll feature again. And of course, all features including deposit and withdraw are still fully functional Cheesy

@thecoinjournal
Yes it is always possible Cheesy But I think it is more like a practice of separating your bank account for savings and monthly use, intentional inconvenience Cheesy
hero member
Activity: 490
Merit: 500
So you're saying my account has been blocked from manual rolling? If that's the case thank you very much. I know it seems kinda crazy but I'd like to let my investment be for awhile. Maybe in a month or so do I have the option of getting unblocked? Also, I still have my abilities to deposit and withdraw? Thanks Everydice.

Even you cannot be unblocked automatically, I think you can always start a new account if you really want to bet. Well, that seems like a gambling problem again.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
So you're saying my account has been blocked from manual rolling? If that's the case thank you very much. I know it seems kinda crazy but I'd like to let my investment be for awhile. Maybe in a month or so do I have the option of getting unblocked? Also, I still have my abilities to deposit and withdraw? Thanks Everydice.

you have to learn how to controll yourself in gambling, this is only thing that you need.


EDIT: i have finnished with first round of giveaways, anybody interested in helping out Wink ?
hero member
Activity: 1050
Merit: 502
So you're saying my account has been blocked from manual rolling? If that's the case thank you very much. I know it seems kinda crazy but I'd like to let my investment be for awhile. Maybe in a month or so do I have the option of getting unblocked? Also, I still have my abilities to deposit and withdraw? Thanks Everydice.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
is there any reward for 500.000th bet ? Smiley
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
Maybe some free coins for trying because theres no faucet Sad

username: P-497

There is 10000 satoshi giveaway under games and round section, just ask for it ;-)
sr. member
Activity: 378
Merit: 250
Maybe some free coins for trying because theres no faucet Sad

username: P-497
sr. member
Activity: 317
Merit: 275
SatoshiDice claims it has a 1.9% house edge, so why is it that when you bet 1 bitcoin on a 50% chance game, the profit is 1.957x?

2 - 1.957 = 0.043
(0.043/2) * 100 = 2.15%

With an 1.9% edge, the profit should be 1.962x, 0.005 more.

Are they lying, or is my math junk?
sr. member
Activity: 317
Merit: 275
Thats the thing its not still popular.
Ah, ok then.

I would say it is illegal in most countries
I'd say it's "questionable" rather than illegal, since most countries don't have a legislature surrounding bitcoin yet.
hero member
Activity: 574
Merit: 500
If there's no house edge, you'd get 9btc profit, so the 0.099btc gap is the house fee.
Ah, yes. I guess it doesn't really matter if you call it "house edge" or just a "commission fee," it's the same thing in this case. So a 0.99% fee compared to SatoshiDice's 1.9%. Pretty reasonable. Why is SD still so popular, then?

Thats the thing its not still popular.
legendary
Activity: 1918
Merit: 1018
On ED you can invest and be the casino roll if it is legal in your country
Aren't "bitcoin casinos" legal pretty much everywhere, except in countries where bitcoin is considered an actual currency? Iceland and Germany come to mind, and the USA where it's not really clear from the legal perspective, but people just don't want potential trouble.

I would say it is illegal in most countries
sr. member
Activity: 317
Merit: 275
If there's no house edge, you'd get 9btc profit, so the 0.099btc gap is the house fee.
Ah, yes. I guess it doesn't really matter if you call it "house edge" or just a "commission fee," it's the same thing in this case. So a 0.99% fee compared to SatoshiDice's 1.9%. Pretty reasonable. Why is SD still so popular, then?
hero member
Activity: 490
Merit: 500
Hi, I'm new to both bitcoin and bitcoin gambling (or gambling in general).

I'm wondering, if I bet 1 bitcoin, and the payout is 9.901x, I should get 9.901, right? Then why does the profit calculator say 8.901? Does the house take the rest as a service fee or something?



Thanks, and sorry if it's a dumb question, I really have no idea how this works.
You get 9.901 Payout as a whole and since 1 BTC is your original bet so the pure profit is 8.901

If there's no house edge, you'd get 9btc profit, so the 0.099btc gap is the house fee.
full member
Activity: 147
Merit: 100
Hi, I'm new to both bitcoin and bitcoin gambling (or gambling in general).

I'm wondering, if I bet 1 bitcoin, and the payout is 9.901x, I should get 9.901, right? Then why does the profit calculator say 8.901? Does the house take the rest as a service fee or something?



Thanks, and sorry if it's a dumb question, I really have no idea how this works.
You get 9.901 Payout as a whole and since 1 BTC is your original bet so the pure profit is 8.901
hero member
Activity: 490
Merit: 500
It's anonymous so I don't think there could be any problem in whatever country.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
On ED you can invest and be the casino roll if it is legal in your country
Aren't "bitcoin casinos" legal pretty much everywhere, except in countries where bitcoin is considered an actual currency? Iceland and Germany come to mind, and the USA where it's not really clear from the legal perspective, but people just don't want potential trouble.

I'm from Slovenia like you, and i invested, so no problems ;-)
sr. member
Activity: 317
Merit: 275
On ED you can invest and be the casino roll if it is legal in your country
Aren't "bitcoin casinos" legal pretty much everywhere, except in countries where bitcoin is considered an actual currency? Iceland and Germany come to mind, and the USA where it's not really clear from the legal perspective, but people just don't want potential trouble.
legendary
Activity: 1918
Merit: 1018
Ah, that makes perfect sense. I thought it was a stupid question.

Follow-up question. If I set the odds at 10%, then what does the 0.99% house edge do? My odds of winning are 10%, and 90% for losing. Where does the "house edge" come into play? What exactly does it do? Probably another stupid question...

Edit: Ok, I googled "house edge." I understand now. It means that I don't get mathematically true odds in return. So if I bet 1 bitcoin at 50% and win, I won't have 2 bitcoins, but 1.98.

Exactly and in the long term the house win

On ED you can invest and be the casino roll if it is legal in your country
sr. member
Activity: 317
Merit: 275
Ah, that makes perfect sense. I thought it was a stupid question.

Follow-up question. If I set the odds at 10%, then what does the 0.99% house edge do? My odds of winning are 10%, and 90% for losing. Where does the "house edge" come into play? What exactly does it do? Probably another stupid question...

Edit: Ok, I googled "house edge." I understand now. It means that I don't get mathematically true odds in return. So if I bet 1 bitcoin at 50% and win, I won't have 2 bitcoins, but 1.98.
legendary
Activity: 874
Merit: 1000
monero
Hi, I'm new to both bitcoin and bitcoin gambling (or gambling in general).

I'm wondering, if I bet 1 bitcoin, and the payout is 9.901x, I should get 9.901, right? Then why does the profit calculator say 8.901? Does the house take the rest as a service fee or something?



Thanks, and sorry if it's a dumb question, I really have no idea how this works.

well, your actual profit on that bet by risking 1BTC is 8.901BTC. so you get back the 1BTC of your inital bet and the 8.901BTC profit. it's just another way of displaying the outcome of the bet, but doesnt change the fact that you'll have a total of 9.901BTC back if you win that bet.
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