EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair - page 77.

everydice

member

Activity: 98

Merit: 10

Quote from: uptweets on March 11, 2014, 02:50:58 AM

My lucky meter is 100%. Actually I fount it's quite hard to lose money with the hourly 0.001 BTC reward. Thank you for the giveaway!

Ah I see.. Your welcome! You deserved it Dan

Quote from: shitaifan2013 on March 11, 2014, 02:54:22 AM

Quote from: everydice on March 11, 2014, 01:46:25 AM

Quote from: thecoinjournal on March 10, 2014, 10:24:44 PM

The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?

Hi thecoinjournal, what do you mean by will a lot of BTCs?

probably a typo, he meant "wiTH a lot of BTCs...".

and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house.

read up on the nakowa story at just-dice if you're interested in that.

never underestimate variance and a huge bankroll Grin

edit: i messed up that quote thing somehow...

Ah I see, I got it

Hmm, Nakowa story is quite interesting. I agree with you that it is a battle between variance + huge bankroll vs. the house edge. I see bitcoin dice game this way:

House: Receive lot numbers of bets and wagers because of the near instant result, mathematically house edge will take over variance. Profit should be more or less around wager * house edge, but theoretically not far.
Players: Benefits from high variance because of the very low house edge compared to offline casino

The case of Nakowa will be very very difficult to happen in real world casino with higher house edge, but in this bitcoin dice with lower house edge it might be possible if the site's get unlucky. However JD still has positive profit even after Nakowa won high percentage of total BR, this is house edge effect. I wonder, if we take out Nakowa's winning, how much is the site's profit.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: shitaifan2013 on March 11, 2014, 04:22:52 AM

Quote from: FUR11 on March 11, 2014, 03:19:38 AM

Quote from: shitaifan2013 on March 11, 2014, 02:54:22 AM

Quote from: everydice on March 11, 2014, 01:46:25 AM

Quote from: thecoinjournal on March 10, 2014, 10:24:44 PM

The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?

Hi thecoinjournal, what do you mean by will a lot of BTCs?

probably a typo, he meant "wiTH a lot of BTCs...".

and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house.

read up on the nakowa story at just-dice if you're interested in that.

never underestimate variance and a huge bankroll Grin

edit: i messed up that quote thing somehow...

Fuck the house in terms of "wow that's a large number", maybe. But with a 1% house BR max win they really can't do that much damage (statistically, obviously someone can just max bet and go on a huge heater), compared to the total house BR.

did you read up on the nakowa story? you might wanna check out JD's site profit and then think over what you just wrote Cheesy

Yeah, I agree with you, he won a bunch, but like I said that's the risk of gambling. You can lose money, even if you are the house. My point was that "site profit" is very different from "house bankroll". The site profit was -2k but the house BR was still over 33k. The house has the ability to wait out lucky streaks from big gamblers because it has the edge AND the bankroll and is able to dictate the terms (ie max bet). Sometimes the gambler wins, that's whats so damn fun about it.

The recent Lika runs are a perfect example. He was up huge and then lost it all back and now the site is at it's highest ever profit. Another great example is Archie Karas. He won 100 million in Vegas playing predominately pit games...and then lost it all back. So you can certainly hurt the house temporarily, for a figure that is quite impressive when you compare it to regular people's bank accounts...but compared to the amount of money that the house has, it's not that large.

shitaifan2013

legendary

Activity: 874

Merit: 1000

monero

Quote from: FUR11 on March 11, 2014, 03:19:38 AM

Quote from: shitaifan2013 on March 11, 2014, 02:54:22 AM

Quote from: everydice on March 11, 2014, 01:46:25 AM

Quote from: thecoinjournal on March 10, 2014, 10:24:44 PM

The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?

Hi thecoinjournal, what do you mean by will a lot of BTCs?

probably a typo, he meant "wiTH a lot of BTCs...".

and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house.

read up on the nakowa story at just-dice if you're interested in that.

never underestimate variance and a huge bankroll Grin

edit: i messed up that quote thing somehow...

Fuck the house in terms of "wow that's a large number", maybe. But with a 1% house BR max win they really can't do that much damage (statistically, obviously someone can just max bet and go on a huge heater), compared to the total house BR.

did you read up on the nakowa story? you might wanna check out JD's site profit and then think over what you just wrote Cheesy

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: shitaifan2013 on March 11, 2014, 02:54:22 AM

Quote from: everydice on March 11, 2014, 01:46:25 AM

Quote from: thecoinjournal on March 10, 2014, 10:24:44 PM

The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?

Hi thecoinjournal, what do you mean by will a lot of BTCs?

probably a typo, he meant "wiTH a lot of BTCs...".

and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house.

read up on the nakowa story at just-dice if you're interested in that.

never underestimate variance and a huge bankroll Grin

edit: i messed up that quote thing somehow...

Fuck the house in terms of "wow that's a large number", maybe. But with a 1% house BR max win they really can't do that much damage (statistically, obviously someone can just max bet and go on a huge heater), compared to the total house BR.

shitaifan2013

legendary

Activity: 874

Merit: 1000

monero

Quote from: everydice on March 11, 2014, 01:46:25 AM

Quote from: thecoinjournal on March 10, 2014, 10:24:44 PM

The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?

Hi thecoinjournal, what do you mean by will a lot of BTCs?

probably a typo, he meant "wiTH a lot of BTCs...".

and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house.

read up on the nakowa story at just-dice if you're interested in that.

never underestimate variance and a huge bankroll Grin

edit: i messed up that quote thing somehow...

uptweets

full member

Activity: 154

Merit: 100

My lucky meter is 100%. Actually I fount it's quite hard to lose money with the hourly 0.001 BTC reward. Thank you for the giveaway!

everydice

member

Activity: 98

Merit: 10

Quote from: thecoinjournal on March 10, 2014, 10:24:44 PM

The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?

Hi thecoinjournal, what do you mean by will a lot of BTCs?

Quote from: uptweets on March 10, 2014, 11:33:10 PM

So unlucky...

That's where the fun is Cheesy

How much is your current luck meter Dan?

nahtnam

legendary

Activity: 1092

Merit: 1000

nahtnam.com

Quote from: uptweets on March 10, 2014, 11:33:10 PM

So unlucky...

It happens.

uptweets

full member

Activity: 154

Merit: 100

So unlucky...

thecoinjournal

hero member

Activity: 490

Merit: 500

The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?

nahtnam

legendary

Activity: 1092

Merit: 1000

nahtnam.com

Quote from: FUR11 on March 10, 2014, 08:03:57 PM

Quote from: ?? on ??

Quote from: RGBKey on March 10, 2014, 12:25:25 PM

Quote from: everydice on March 10, 2014, 11:51:18 AM

Quote from: ?? on ??

Nice, now I can play martingale starting from tiny amount.

It's 0.65 BTC now

Room for another double now. 0.01, 0.02, 0.04, 0.08, 0.16, 0.32, 0.64

Better start from a smaller number like 0.00125.

I say just cut out the middle man and start betting .64 right away.

Haha...

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: ?? on ??

Quote from: RGBKey on March 10, 2014, 12:25:25 PM

Quote from: everydice on March 10, 2014, 11:51:18 AM

Quote from: ?? on ??

Nice, now I can play martingale starting from tiny amount.

It's 0.65 BTC now

Room for another double now. 0.01, 0.02, 0.04, 0.08, 0.16, 0.32, 0.64

Better start from a smaller number like 0.00125.

I say just cut out the middle man and start betting .64 right away.

RGBKey

hero member

Activity: 854

Merit: 658

rgbkey.github.io/pgp.txt

Quote from: everydice on March 10, 2014, 11:51:18 AM

Quote from: ?? on ??

Nice, now I can play martingale starting from tiny amount.

It's 0.65 BTC now

Room for another double now. 0.01, 0.02, 0.04, 0.08, 0.16, 0.32, 0.64

everydice

member

Activity: 98

Merit: 10

Quote from: ?? on ??

Nice, now I can play martingale starting from tiny amount.

It's 0.65 BTC now

everydice

member

Activity: 98

Merit: 10

Max Win is now increased to 0.6 BTC Cheesy

Thanks to new investors

everydice

member

Activity: 98

Merit: 10

Quote from: wang_yan on March 09, 2014, 08:00:24 PM

I think that's fair too.

Yes, we do this in order to provide the best experience for player who wager a lot

wang_yan

sr. member

Activity: 448

Merit: 250

I think that's fair too.

RGBKey

hero member

Activity: 854

Merit: 658

rgbkey.github.io/pgp.txt

Quote from: nahtnam on March 09, 2014, 09:47:29 AM

Quote from: everydice on March 09, 2014, 09:46:39 AM

Quote from: nahtnam on March 09, 2014, 07:38:38 AM

Quote from: pthnmj on March 09, 2014, 07:37:18 AM

Quote from: nahtnam on March 09, 2014, 07:32:31 AM

Quote from: everydice on March 09, 2014, 07:31:41 AM

Quote from: FPCN on March 09, 2014, 04:32:42 AM

Quote from: nahtnam on March 09, 2014, 04:23:08 AM

Quote from: everydice on March 09, 2014, 04:19:30 AM

UPDATE 9 March 2014:
Player can now play instantly without registration!
No more registration wall

Awesome! Unfortunately, rolls are still slow...

Maybe like JD, only small amount rolls are slow?

Exactly

This is the time delay for the rolls:
< 0.00000001, delay: 2000ms
< 0.00000010, delay: 1000ms
< 0.00000100, delay: 800ms
< 0.00001000, delay: 600ms
< 0.00010000, delay: 400ms
< 0.00100000, delay: 200ms
>= 0.00100000, no delay Grin

Why?!?!

He probably has a lot of betters that are spraying the rolls, and they are kicking his server to shit.

2 seconds is a huge delay.

Hi Nahtnam, 2000ms (2 sec) is only for 0 amount bets. So its only for testing the site

Well I think there should only be a 200 ms delay regardless of what the bet is...

I think that he's doing it right. This is his site, you know. There's a line between helpful suggestions and backseat driver.

everydice

member

Activity: 98

Merit: 10

Quote from: nahtnam on March 09, 2014, 09:47:29 AM

Quote from: everydice on March 09, 2014, 09:46:39 AM

Quote from: nahtnam on March 09, 2014, 07:38:38 AM

Quote from: pthnmj on March 09, 2014, 07:37:18 AM

Quote from: nahtnam on March 09, 2014, 07:32:31 AM

Quote from: everydice on March 09, 2014, 07:31:41 AM

Quote from: FPCN on March 09, 2014, 04:32:42 AM

Quote from: nahtnam on March 09, 2014, 04:23:08 AM

Quote from: everydice on March 09, 2014, 04:19:30 AM

UPDATE 9 March 2014:
Player can now play instantly without registration!
No more registration wall

Awesome! Unfortunately, rolls are still slow...

Maybe like JD, only small amount rolls are slow?

Exactly

This is the time delay for the rolls:
< 0.00000001, delay: 2000ms
< 0.00000010, delay: 1000ms
< 0.00000100, delay: 800ms
< 0.00001000, delay: 600ms
< 0.00010000, delay: 400ms
< 0.00100000, delay: 200ms
>= 0.00100000, no delay Grin

Why?!?!

He probably has a lot of betters that are spraying the rolls, and they are kicking his server to shit.

2 seconds is a huge delay.

Hi Nahtnam, 2000ms (2 sec) is only for 0 amount bets. So its only for testing the site

Well I think there should only be a 200 ms delay regardless of what the bet is...

Hmm, actually it is already faster than some dice sites. But we just reduce it to half of the current speed. We will continue this if the results are good

. Thanks for the input Nahtnam!

nahtnam

legendary

Activity: 1092

Merit: 1000

nahtnam.com

Quote from: everydice on March 09, 2014, 09:46:39 AM

Quote from: nahtnam on March 09, 2014, 07:38:38 AM

Quote from: pthnmj on March 09, 2014, 07:37:18 AM

Quote from: nahtnam on March 09, 2014, 07:32:31 AM

Quote from: everydice on March 09, 2014, 07:31:41 AM

Quote from: FPCN on March 09, 2014, 04:32:42 AM

Quote from: nahtnam on March 09, 2014, 04:23:08 AM

Quote from: everydice on March 09, 2014, 04:19:30 AM

UPDATE 9 March 2014:
Player can now play instantly without registration!
No more registration wall

Awesome! Unfortunately, rolls are still slow...

Maybe like JD, only small amount rolls are slow?

Exactly

This is the time delay for the rolls:
< 0.00000001, delay: 2000ms
< 0.00000010, delay: 1000ms
< 0.00000100, delay: 800ms
< 0.00001000, delay: 600ms
< 0.00010000, delay: 400ms
< 0.00100000, delay: 200ms
>= 0.00100000, no delay Grin

Why?!?!

He probably has a lot of betters that are spraying the rolls, and they are kicking his server to shit.

2 seconds is a huge delay.

Hi Nahtnam, 2000ms (2 sec) is only for 0 amount bets. So its only for testing the site

Well I think there should only be a 200 ms delay regardless of what the bet is...

Topic: EveryDice.com | 0.99% Edge - Instant Cashout - Invest - Referral - Mobile - Fair - page 77. (Read 72081 times)