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Topic: Group Bet Gamble on Just Dice. (Read 2307 times)

legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
July 05, 2013, 08:07:58 PM
#25
People throwing away BTC.

You mean, other people. I'm positive right now, after the 7th bet. And I haven't bet again since, I'm waiting for the "whale" investor or something. I want to be a "sponsored" player. hehehe.
hero member
Activity: 854
Merit: 500
July 05, 2013, 12:42:58 PM
#24
People throwing away BTC.

TradeFortress made $5,000 easily here.
hero member
Activity: 798
Merit: 531
Crypto is King.
July 05, 2013, 12:31:38 PM
#23
People throwing away BTC.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
July 05, 2013, 01:10:41 AM
#22




Someone was kind enough to loan me 11.42 bitcoins to do the 7th bet. But since it was his coins, I returned everything including the profit back to him.

Who is kind enough to lend me a bitcoin or two? So I can restart my martingale that will last up to the 7th bet?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
June 30, 2013, 01:24:33 AM
#20
561 BTC = highest bet so far.

Anyone want to "beat" that? I suggest we go for 600 or 700, on 98%. But if we're 50 different people contributing, I guess we all have the "balls" to go on a lower chance to win, like 90% or 88%. Of course, all contributors vote on this, proportionally (so the guy who sends in 400 BTC basically dictates the roll.)
legendary
Activity: 2940
Merit: 1333
June 29, 2013, 02:00:59 AM
#19
Yeah something tells me that if you bet 14k you insta lose  Roll Eyes

"gladoscc" just bet around 500 BTC on Just-Dice.com three times in a row.  And won all three times:

    https://bitcointalksearch.org/topic/m.2609590

Just FYI.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
June 28, 2013, 04:34:47 PM
#18
sr. member
Activity: 317
Merit: 250
June 28, 2013, 10:34:08 AM
#17
Just my one cent on this:) . https://just-dice.com/roll/6255207
legendary
Activity: 2940
Merit: 1333
June 28, 2013, 05:42:38 AM
#16
Yeah something tells me that if you bet 14k you insta lose  Roll Eyes

The game is provably fair.  The 98% bet wins 98% of the time.  It only pays out 1.01020408x though.  S you risk 14k BTC to make just 142.85712 BTC in profit.

Pretty safe (49 in 50 times you win) but expensive when you lose!
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
June 28, 2013, 03:47:10 AM
#15
Yeah something tells me that if you bet 14k you insta lose  Roll Eyes

I will link to the bet id. So everyone can see the unlucky number.
legendary
Activity: 1310
Merit: 1000
June 27, 2013, 09:04:37 PM
#14
Yeah something tells me that if you bet 14k you insta lose  Roll Eyes
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
June 27, 2013, 08:44:36 PM
#13
Yeah, 14K BTC bet... that's the idea, but 14K is a helluva lot of fund raising. We could lower the chance to win to 97% or 96% to dissect the bet size, but still remain as the biggest bet (or at least bigger than SD ever will have.)
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
June 27, 2013, 05:16:19 PM
#12
Max Profit: 135+ and increasing. No one wants to do the biggest bet in dice history? I guess not, was worth a try though.

It's not the biggest bet in dice history though Sad

There's been a few 500 Bitcoin bets on SD Tongue
Just-Dice supports a 14K BTC bet on 98%. AKA the "omgwtfbbq" bet.
full member
Activity: 196
Merit: 100
June 27, 2013, 04:32:53 PM
#11
There's been a few 500 Bitcoin bets on SD Tongue

I say money laundering.
hero member
Activity: 504
Merit: 500
June 27, 2013, 10:21:12 AM
#10
Max Profit: 135+ and increasing. No one wants to do the biggest bet in dice history? I guess not, was worth a try though.

It's not the biggest bet in dice history though Sad

There's been a few 500 Bitcoin bets on SD Tongue
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
June 27, 2013, 10:19:03 AM
#9
Max Profit: 135+ and increasing. No one wants to do the biggest bet in dice history? I guess not, was worth a try though.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
June 26, 2013, 03:53:43 AM
#8
Current Max Profit is 114 BTC now. Also, here are my just-dice stats

bets:
317,870
wins:
279,531
losses:
38,339
luck:
100.07%

so I have 10% of the total number of bets. however, these are all satoshi bets.
eh, was having fun playing with the bot that was posted in the main thread.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
June 26, 2013, 03:28:20 AM
#7
1. I don't have any significant investment on JD. The last time I checked, it was 0.01%.
2. I will not run away with any amount of BTC, gambled or not. I operate a lotto of my own, I have facilitated a private group buy of mining chips, and I'm also facilitating a separate public group buy for my region/area (but has no buyers yet.)
3. This is just for hitting a milestone, I guess. Or the coolness factor. Of course, everyone can all do it. But it's boring to bet your 1 satoshi.
4. If it is one big giant bet, we can decide on a time I will be online to do it. Then everyone can watch as I do the bet or bets (if more than one, or if we want to attempt a martingale.)

For reference, I am the payroll master of the company I work for, and twice a month or every two weeks I send out real fiat money payments to more than 180 employees. The amount I am responsible for varies from 3 to 5 million Philippine Pesos, which translated into bitcoins is approximately 600 to 1000 BTC, twice a month.

I will not verify or have that audited, and of course, I have taken precautions to prevent that money from being stolen, taken by force, etc.

I would like to think that I am immune to any such temptations to disappear with your bitcoins. But as Zaih has mentioned, there might be a 0.0001% chance I will do so.

I have no personal incentive for me to do that. In fact, if I do the Group Bet, I stand to gain:
1. The coolness factor of betting a single large bet. All contributors will be mentioned, unless you wish to be anonymous.
2. Street cred? or whatever you call it. I should get more escrow business. Publicity stunt?
3. We will all have a new index, called the Large Bet on Dice index, right beside the 10,000 bitcoin Pizza.

But hey, if there isn't enough interest, this simply will not happen. I just thought of this idea since it was mentioned.

So.... who wants in? We haven't decided yet the plan, so I'm open to suggestions.
newbie
Activity: 32
Merit: 0
June 26, 2013, 02:56:50 AM
#6
I can't see the advantage of this idea.

People group together for lottery because they want to spread their money into many tickets. As far as I can see, such idea is not applicable here.
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