Just-Dice.com : Invest in 1% House Edge Dice Game - page 242.

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Quote from: Eric Muyser on July 02, 2013, 01:00:19 AM

Quote from: wolverine.ks on July 02, 2013, 12:58:53 AM

did a bunch of investers take their btc out now that the house is back up to record levels? like you can make money by taking money out at the tip and buying back in at the bottom?

Should keep it to yourself. Investors getting out is good for your profit margin.

Ummm... what? How is this affecting "profit margin"?

nimda

hero member

Activity: 784

Merit: 1000

0xFB0D8D1534241423

Quote from: wolverine.ks on July 02, 2013, 01:03:07 AM

right, but just so im clear, there is no investing strategy that would work like i described earlier, since the game is provably fair, there would be no way to know when the bottom or top is, right?

Right.

wolverine.ks

sr. member

Activity: 375

Merit: 250

right, but just so im clear, there is no investing strategy that would work like i described earlier, since the game is provably fair, there would be no way to know when the bottom or top is, right?

Eric Muyser

full member

Activity: 224

Merit: 100

You can't kill math.

Quote from: wolverine.ks on July 02, 2013, 12:58:53 AM

did a bunch of investers take their btc out now that the house is back up to record levels? like you can make money by taking money out at the tip and buying back in at the bottom?

Should keep it to yourself. Investors getting out is good for your profit margin.

wolverine.ks

sr. member

Activity: 375

Merit: 250

did a bunch of investers take their btc out now that the house is back up to record levels? like you can make money by taking money out at the tip and buying back in at the bottom?

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: ?? on ??

Not sure if it's been said quite like this... so...

MOAR GRAFZ Shocked

_{please_thanks}

thankyou foryourtime

It's been said every which way, and I get it.

cusdog

newbie

Activity: 52

Merit: 0

It was rhetorical. Basically the entire recent bets screen was green with 2x payouts. Just something which you don't statistically see very often.

Sorry for the spam.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: cusdog on July 01, 2013, 05:19:25 PM

Can someone tell me what happened just now?

Can you be more specific?

cusdog

newbie

Activity: 52

Merit: 0

Can someone tell me what happened just now?

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: davout on July 01, 2013, 03:36:11 PM

Word.

I'm hoping the ten millionth bet promotion will bring us another Jeffrey. Or the same one.

davout

legendary

Activity: 1372

Merit: 1008

1davout

Quote from: SamuelSG on July 01, 2013, 02:49:57 PM

Woot WOOT!

And a big thank you to... Jeffrey!

Tongue

Word.

SamuelSG

newbie

Activity: 58

Merit: 0

Woot WOOT!

And a big thank you to... Jeffrey!

Tongue

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: dooglus on July 01, 2013, 12:36:13 PM

In other news over 2k BTC pulled out this morning, so everyone else's share of the bankroll will have risen over 10%.

Just in time for this action:

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: Taxidermista on July 01, 2013, 06:33:38 AM

Variance is a bitch. After 5 days I've only seen green once, a couple of minutes. The other 200 times -yes, I'm a little anal with this thing- always red. I though that almost 10 millions bets would smooth variance, I was wrong.

10 million bets of roughly the same size would. But 9.9 million tiny bets and 3 huge bets from TF which all won mess things up...

In other news over 2k BTC pulled out this morning, so everyone else's share of the bankroll will have risen over 10%.

eltopo

full member

Activity: 230

Merit: 100

Quote from: 🏰 TradeFortress 🏰 on July 01, 2013, 06:44:19 AM

Quote from: Taxidermista on July 01, 2013, 06:33:38 AM

Variance is a bitch. After 5 days I've only seen green once, a couple of minutes. The other 200 times -yes, I'm a little anal with this thing- always red. I though that almost 10 millions bets would smooth variance, I was wrong.

And there are people leaving coinlenders saying 180% APR Cheesy

If you had not made those killing bets, investors wouldn't be so poor now! Wink

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: Taxidermista on July 01, 2013, 06:33:38 AM

Variance is a bitch. After 5 days I've only seen green once, a couple of minutes. The other 200 times -yes, I'm a little anal with this thing- always red. I though that almost 10 millions bets would smooth variance, I was wrong.

And there are people leaving coinlenders saying 180% APR Cheesy

Eric Muyser

full member

Activity: 224

Merit: 100

You can't kill math.

Quote from: Taxidermista on July 01, 2013, 06:33:38 AM

Variance is a bitch. After 5 days I've only seen green once, a couple of minutes. The other 200 times -yes, I'm a little anal with this thing- always red. I though that almost 10 millions bets would smooth variance, I was wrong.

Same. I saw profit for a couple days and then it was gone. Got out at a small loss and moved it to ASICMINER. Up quite a bit now (if I sell off, which I won't).

Taxidermista

legendary

Activity: 1148

Merit: 1001

Variance is a bitch. After 5 days I've only seen green once, a couple of minutes. The other 200 times -yes, I'm a little anal with this thing- always red. I though that almost 10 millions bets would smooth variance, I was wrong.

jdough

newbie

Activity: 15

Merit: 0

Cool. Will be appreciated.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: jdough on June 30, 2013, 10:15:09 AM

in the 'stats' tab, in the long run, the "site is up" value should approach the value for "wagered" times the house take of 1%?
Right now that would be about 30,256BTC * .01 -> 302.56BTC.

Also, is there a way now (or a way planned) to track the history of the values in the 'stats' tab in an automated way?

That's right. "house is up" should be 1% of amount wagered, and is currently only a little over half of that.

There's no history of those stats available yet, but in time I will provide API access to the history as well as charts on the site.

Topic: Just-Dice.com : Invest in 1% House Edge Dice Game - page 242. (Read 435362 times)