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Topic: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair - page 62. (Read 72081 times)

hero member
Activity: 574
Merit: 500
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work


How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalksearch.org/topic/m.6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites. 

Except PD, most of the casinos ever run a sig campaign discontinued it(bit777, bluevec), or turned out to be scam(bit365), I think that answers if the  sig campaign really works.

Signature campaigns work IF the right members are chosen such as only senior members and above accepted, etc. And hand picking high posters and paying relatively high rates proves to be effective.

Every dice,  I'm always open to run that campaign as we have discussed Smiley
sr. member
Activity: 266
Merit: 250
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work


How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalksearch.org/topic/m.6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites. 

Except PD, most of the casinos ever run a sig campaign discontinued it(bit777, bluevec), or turned out to be scam(bit365), I think that answers if the  sig campaign really works.
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
Haha, no worries Mem Wink *still curious how did you got that number*

so am I, but if Ive learnt anything from years of fiddling with code n formulas drunk is that you may not be able to repeat the scenario Tongue

Ive added this calculator to avoid future "drunk mem" mistakes: http://memslist.com/list/index.pl?action=house_edge_form

Code:
50 * 1.9802 = total payout of: 99.01
100 * (99.01 / 100) = Average Payout of: 99.01%
100 - 99.01 = House Edge of 0.99%

Now that looks better Tongue
member
Activity: 98
Merit: 10
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work


How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalksearch.org/topic/m.6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites.  

We're agree that it would be better if looking at the sig campaign for similar industry. Do you have thoughts about the effectivity of sig campaign for bitcoin dice FUR?

Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

Thanks darthcoin Smiley You are right we are currently trying to get players' awareness, so far most of our traffics are organic traffic. We did try to advertise in this forum few weeks ago if you noticed, but the result is not as expected (I read it somewhere that lot of advertisers having the same issue). This is our challenge to find a better way to advertise Smiley

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...

Yup2.. 100% - (50% chance * 1.9802 payout) = 0.99% too Smiley

@Mem, how did you do your calculation? We're also trying to trace how did you got 0.999899000101% but cannot found it..

I think it was a case of drunk user error Tongue, sorry for the false alarm Smiley

Haha, no worries Mem Wink *still curious how did you got that number*
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

Thanks darthcoin Smiley You are right we are currently trying to get players' awareness, so far most of our traffics are organic traffic. We did try to advertise in this forum few weeks ago if you noticed, but the result is not as expected (I read it somewhere that lot of advertisers having the same issue). This is our challenge to find a better way to advertise Smiley

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...

Yup2.. 100% - (50% chance * 1.9802 payout) = 0.99% too Smiley

@Mem, how did you do your calculation? We're also trying to trace how did you got 0.999899000101% but cannot found it..

I think it was a case of drunk user error Tongue, sorry for the false alarm Smiley
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work


How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalksearch.org/topic/m.6056946

I don't think that's really relevant here.  The market for people interested in "decentralized trading of bitcoins discussion" is very small, and those sign ups don't generate direct income.  The market for people interested in a bitcoin dice game is very large, and those sign ups directly generate income.  I don't understand why everyone always brings up mastercoin when they talk about sig deals for bitcoin gambling sites. 
sr. member
Activity: 406
Merit: 250
Wait until the site gets a little bigger before doing anything nearly as ambitious as a siggy campaign here as the poor people will flock and pounce!
sr. member
Activity: 266
Merit: 250
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work


How can you be so sure? Mastercoin once did a sig campaign and the result is: https://bitcointalksearch.org/topic/m.6056946
legendary
Activity: 1918
Merit: 1018
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

A sig deal could work

I'm hosting a giveaway of 0.06 btc based on the result of the 200,000th bet of ED, welcome to join: https://bitcointalksearch.org/topic/006-btc-giveaway-551101

I checked it, isn't it too hard for you to get 10000 replies?

Hmm, there's still time for 200,000th bet, but I have to agree it will be difficult Tongue

A nice big promo will bring a lot of deposits

Or happy hour every 24h
member
Activity: 98
Merit: 10
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.

Thanks darthcoin Smiley You are right we are currently trying to get players' awareness, so far most of our traffics are organic traffic. We did try to advertise in this forum few weeks ago if you noticed, but the result is not as expected (I read it somewhere that lot of advertisers having the same issue). This is our challenge to find a better way to advertise Smiley

so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...

Yup2.. 100% - (50% chance * 1.9802 payout) = 0.99% too Smiley

@Mem, how did you do your calculation? We're also trying to trace how did you got 0.999899000101% but cannot found it..
legendary
Activity: 1274
Merit: 1000
so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?

2-0.99% is 1.9802 so it is correct...
sr. member
Activity: 266
Merit: 250
so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.

I don't understand, betting at 50% and get a 1.9802 return, isn't that exactly a 0.99% house edge?
full member
Activity: 147
Merit: 100
Pretty sweet site,graphics and nice investment system, But it's very under-promoted. it would be great if you advertise for more players/investors.
mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
so Im curious, you claim a 0.99% edge yet your payout for a 50/50 bet has a multiplier of 1.9802 equating to an actual house edge of 0.999899000101% which when rounded up is of course 1%.

Checking other bets such as 10% I see the house edge is the claimed 0.99%

Just curious why the discrepancy and is there an easy way to see the house edge for each bet.
sr. member
Activity: 266
Merit: 250
Thank you very much shitaifan2013, I think this documentary is very meaningful and can be a great reference for other users of this site.
legendary
Activity: 874
Merit: 1000
monero
still going up  Cheesy

update 27.03.2014  invested 0.50274831BTC, ~0.5730%. someone invested around 10BTC site bankroll 87.729964 & site profit 7.5761368
update 29.03.2014  invested 0.50119015BTC, ~0.5799%.        --                               site bankroll 86.413821 & site profit 7.3096741
update 31.03.2014  invested 0.50105838BTC, ~0.5818%.        --                               site bankroll 86.111018 & site profit 7.2879652
update 01.04.2014  invested 0.49928940BTC, ~0.6559%. someone divested around 10BTC site bankroll 76.112282 & site profit 7.0671325
update 03.04.2014  invested 0.49568540BTC, ~0.6559%.        --                               site bankroll 75.570088 & site profit 6.5321816
update 05.04.2014  invested 0.50258219BTC, ~0.6748%.        --                               site bankroll 74.468509 & site profit 7.5569766
update 06.04.2014  invested 0.51373044BTC, ~0.6751%. someone lost a good bunch    site bankroll 76.089872 & site profit 9.2192624
update 08.04.2014  invested 0.51381687BTC, ~0.6748%.                                          site bankroll 76.142872 & site profit 9.2322916
member
Activity: 98
Merit: 10
I'm hosting a giveaway of 0.06 btc based on the result of the 200,000th bet of ED, welcome to join: https://bitcointalksearch.org/topic/006-btc-giveaway-551101

I checked it, isn't it too hard for you to get 10000 replies?

Hmm, there's still time for 200,000th bet, but I have to agree it will be difficult Tongue
sr. member
Activity: 266
Merit: 250
I'm hosting a giveaway of 0.06 btc based on the result of the 200,000th bet of ED, welcome to join: https://bitcointalksearch.org/topic/006-btc-giveaway-551101

I checked it, isn't it too hard for you to get 10000 replies?
legendary
Activity: 1274
Merit: 1000
I still can't see the site's overall profit displayed anywhere. I really recommend putting that up asap, othwerwise it looks a bit shady  Wink

Hi Shitaifan, thanks for the great input. Will show this info by this week Cheesy


Done! Site's profit is displayed along with site's total wager now, thanks for your input Shitaifan Smiley



looks good, thanks! just invested a little to monitor/test the site.  Wink

How much do you make so far?

I invested 0.5000000BTC this morning, thats ~0.656% of the current bankroll. after will's recent loss I'm at 0.50197582BTC

edit: current site profit is Site Profit 7.4557380BTC & site bankroll ~75BTC.

if you guys remind me from time to time I'll update this post with my latest figures to document the investment development.

-------------

update 27.03.2014  invested 0.50274831BTC, ~0.5730%. someone invested around 10BTC site bankroll 87.729964 & site profit 7.5761368
update 29.03.2014  invested 0.50119015BTC, ~0.5799%.        --                               site bankroll 86.413821 & site profit 7.3096741
update 31.03.2014  invested 0.50105838BTC, ~0.5818%.        --                               site bankroll 86.111018 & site profit 7.2879652
update 01.04.2014  invested 0.49928940BTC, ~0.6559%. someone divested around 10BTC site bankroll 76.112282 & site profit 7.0671325
update 03.04.2014  invested 0.49568540BTC, ~0.6559%.        --                               site bankroll 75.570088 & site profit 6.5321816
update 05.04.2014  invested 0.50258219BTC, ~0.6748%.        --                               site bankrol  74.468509 & site profit 7.5569766

Hi shitaifan2013, thank you for your work, would appreciate it if you can reply the info regularly, it's a little bit hard to find this post Smiley

You made 0.5% in 40days that would add up to 4.5%/year, the players may have been a bit lucky and you may earn a lot more if the traffic picks up, maybe it will if we get a huge 1000th BTC wagered promotion

Thank you shitaifan!

Hmm, aside from the ups and downs, we think that's 2.18% in just 10 days (CMIIW). And if the total invested amount stays the same, the return is compounded. This means if a month's profit is X%, then in a year it would be (100% + X%)^12, much higher than X%*12.

There is no need for all in confirmation, but maybe double button and all in button should not be side by side, then it wouldn't be so easy to hit wrong button.

I once hit wrong button too but happily I did notice it soon enough.

This is very simple yet we think it is very good idea, thank you Holdaaja! We have just changed the shortcut button of max bet from 'V' to 'B'. Please let me know your thought about this Smiley

Yes, this is much better now Smiley
sr. member
Activity: 448
Merit: 250
Sugesstion that you must apply at the site, A CONFIRMATION for 'V' a.k.a ALL IN / MAX , because i accidentally press V when i want press C and i dont realized it, until you add that. I will never come back. (Just Dice and other have confirmation for All In/Max bet. Thank you.

Sorry for your loss, would you still propose this suppose you won the bet?
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