Pages:
Author

Topic: Just-Dice.com : Invest in 1% House Edge Dice Game - page 77. (Read 435357 times)

sr. member
Activity: 493
Merit: 262
Yeah.  Sorry those are my funds.  I was in a coffee shop playing dice.  While I was off for a bathroom break somebody used my laptop and deposited 2000 bitcoins in a brand new Just-Dice account.  I didn't realize it until after I had cleared my cookies and lost the secret link.

Could you just send them to my other account?  I don't remember that one either but I can make a new one if necessary.

I don't mind waiting till you get back.

Sam
I like the idea that instead of someone stealing your laptop, he deposited a huge junk of coins. You must have made a miserable appearance.
sr. member
Activity: 451
Merit: 250
We recently had a very large deposit into a new account with no password and no 2FA.

I'm away from home for a few days.  When I received the large deposit, I waited for an hour or so to see if it was going to be immediately withdrawn.  It wasn't, so I sent it to the cold wallet.

Now its depositor is attempting to withdraw it from the hot wallet.  There aren't enough funds there, so the hot wallet is going dry, over and over.

I've no way of contacting him other than hoping he reads this post.  I'll be back at the cold wallet in a few days, and can cash you out in full then.  In the mean time please don't worry - your funds are safely stored offline.

Yeah.  Sorry those are my funds.  I was in a coffee shop playing dice.  While I was off for a bathroom break somebody used my laptop and deposited 2000 bitcoins in a brand new Just-Dice account.  I didn't realize it until after I had cleared my cookies and lost the secret link.

Could you just send them to my other account?  I don't remember that one either but I can make a new one if necessary.

I don't mind waiting till you get back.

Sam
member
Activity: 70
Merit: 10
Expert Computer Geek
We recently had a very large deposit into a new account with no password and no 2FA.

I'm away from home for a few days.  When I received the large deposit, I waited for an hour or so to see if it was going to be immediately withdrawn.  It wasn't, so I sent it to the cold wallet.

Now its depositor is attempting to withdraw it from the hot wallet.  There aren't enough funds there, so the hot wallet is going dry, over and over.

I've no way of contacting him other than hoping he reads this post.  I'll be back at the cold wallet in a few days, and can cash you out in full then.  In the mean time please don't worry - your funds are safely stored offline.

dude it's mine!

#offtopic(must see)===>

http://www.youtube.com/watch?v=0L0mJJE_Nac
legendary
Activity: 2940
Merit: 1333
We recently had a very large deposit into a new account with no password and no 2FA.

I'm away from home for a few days.  When I received the large deposit, I waited for an hour or so to see if it was going to be immediately withdrawn.  It wasn't, so I sent it to the cold wallet.

Now its depositor is attempting to withdraw it from the hot wallet.  There aren't enough funds there, so the hot wallet is going dry, over and over.

I've no way of contacting him other than hoping he reads this post.  I'll be back at the cold wallet in a few days, and can cash you out in full then.  In the mean time please don't worry - your funds are safely stored offline.
legendary
Activity: 2940
Merit: 1333
Important reminder:

If you're going to deposit large amounts of coins on the site, it is a good idea to:

* set a long, random, unique password
* enable 2FA

We recently had a very large deposit into a new account with no password and no 2FA.

Be careful out there!
member
Activity: 70
Merit: 10
Expert Computer Geek
do you think its possible to effect seed dominance? Can the secret seed override(be the determinate #) the other two seeds?  Cool thx!

Every change to the input of sha512 completely changes the output.  In other words both seeds and the nonce are "dominant".  Any small change in any of the three inputs completely changes the output, due to the "Horst Feistel".

I'm glad to see that you're making an effort to understand the site's provably fairness.

Is it possible to ban ASICSRUS from this thread? he's just trolling and adding noise. It's off topic and useless discussion.

It's not.  When I created the JD threads I made a conscious decision not to make the threads self-moderated.  If the majority of comments are negative then it's probably because we're doing something wrong.  The fix for that isn't to delete negative comments, but is to fix whatever's wrong.

There are going to be a few crazies who won't listen to reason but they're easily ignored on an individual basis.  In the case of ASCISRUS I'm not even sure he's trolling.  He's angry and irrational, but his recent posts seem to suggest he's not a hopeless case.
avalanche effect yeah thats what i saw happen ..lol but in all seriousness Horst Feistel prolly worked with people from my camp! I appreciate you being engaged and willing to shed some light. The foundation of freedom of speech is why bitcoin exists today imho!  Cool ez
legendary
Activity: 2940
Merit: 1333
do you think its possible to effect seed dominance? Can the secret seed override(be the determinate #) the other two seeds?  Cool thx!

Every change to the input of sha512 completely changes the output.  In other words both seeds and the nonce are "dominant".  Any small change in any of the three inputs completely changes the output, due to the "avalanche effect".

I'm glad to see that you're making an effort to understand the site's provably fairness.

Is it possible to ban ASICSRUS from this thread? he's just trolling and adding noise. It's off topic and useless discussion.

It's not.  When I created the JD threads I made a conscious decision not to make the threads self-moderated.  If the majority of comments are negative then it's probably because we're doing something wrong.  The fix for that isn't to delete negative comments, but is to fix whatever's wrong.

There are going to be a few crazies who won't listen to reason but they're easily ignored on an individual basis.  In the case of ASCISRUS I'm not even sure he's trolling.  He's angry and irrational, but his recent posts seem to suggest he's not a hopeless case.
legendary
Activity: 3472
Merit: 1722
But once you become 100% legal, you literally get a target on your back from regulators - so it's a hard choice.

Not worth it IMHO. Just look at what happened to BitInstant after they wanted to become "more compliant". Only a waste of time and money, with nothing in return.
sr. member
Activity: 454
Merit: 252
Did dooglus ever address / reply to this post?  I think given the growth of just-dice, it is now prudent to consult lawyers.

If a license is required, I'm 100% certain that all investors would be happy to take funds from the bankroll to pay legal fees.

Dooglus, can you comment on this?  As a large bankroller on the site, I would appreciate some feedback. Thanks.

I haveno problem with paying for laywers, just don't take it from the bankroll - that will destroy investor confidence (and cause a run on the bank as people withdraw to avoid the tax). If doog ever dips his hand in the bankroll, the site might as well be dead.

On the other hand, I have no problem changing house edge or increasing commission to cover legal expenses/licensing. But once you become 100% legal, you literally get a target on your back from regulators - so it's a hard choice.
full member
Activity: 476
Merit: 100
hero member
Activity: 728
Merit: 500
Is it possible to ban ASICSRUS from this thread? he's just trolling and adding noise. It's off topic and useless discussion.

It's not a self-moderated topic, so don't count on it. Meanwhile, there's the Ignore function.
full member
Activity: 476
Merit: 100
Is it possible to ban ASICSRUS from this thread? he's just trolling and adding noise. It's off topic and useless discussion.
member
Activity: 70
Merit: 10
Expert Computer Geek
Is the roll number (nonce) the same thing as "betid" and is this determined at the time of the roll?  Is it true that the server seed is known only by you and the client seed is known by you and the player?  You control the server seed and the player controls the client seed?

Carnth's answer is correct, but to make it shorter:

No, the nonce is 1 for your first bet with a particular pair of seeds, 2 for the 2nd, etc.

Other than that, yes, you understand it correctly.

Using the betid as an input to the algorithm would break provable fairness:  you make a big bet.  I calculate your roll.  You're going to win.  I don't want that, so I make a roll of my own to take your roll id and give you the next one.  I check again, you lose, so that's the roll you get.  That's unacceptable, so we use a nonce that only increments when *you* bet.


do you think its possible to effect seed dominance? Can the secret seed override(be the determinate #) the other two seeds?  Cool thx!
hero member
Activity: 854
Merit: 1000
Bitcoin: The People's Bailout
Using the betid as an input to the algorithm would break provable fairness: 

That's what I thought.  Thanks for the confirmation.
member
Activity: 70
Merit: 10
Expert Computer Geek
Looks like a new dice competitor with a slick design is now offering investors 1%, 2% or 3% house edge. Combined with leveraged investment with a kelly ranging from 0.25 to 10x.

Can we please get a custom kelly at least?  Being able to use leverage would reduce counterpart risk for investors, and would reduce the site owner from being a target of extortion/ransom/violence.

What's really amazing is that if you look at the number of bets and the amounts bet the 3% pool has a considerable amount of action.  I would not have thought this possible as it seems illogical why anyone would choose to shoot against a 3% house advantage rather than a 1% are higher limits really that attractive?

Dooglus, I know you keep an eye on the competition, but checking this out may be a worthy use of your time, there may be more of an opportunity for a higher house edge on JD than I would have thought.


Yep, plenty of innovation from DN, doog any plans for JD to copy implement some of these features? Not talking about the anime backgrounds & UI animation btw.

Re ppl choosing 3% HE over 1% HE, there is a higher bank roll available to play for on the 2% & 3% HE so it may be that, especially on the first day or two - now there's more investment spread out over the 3 options, or maybe ppl were doing Martis which took them in to the higher HE range for larger bets after a few losses playing on lower HE %.

I played at 3% HE right at the beginning as there wasn't much investment in then & max profit was like 1 ltc or something at 1% HE, now it's about 10 ltc at 1% HE & 100 ltc at 3% HE.

As neat as that site is, it boggles me that a 1-3% slider exists. A smart investor would just put money in the 1% because it gets far more play then 3%. regardless of the odds an investor gets a lot more investing 1 BTC in 1% with 1000 rolls than 1 BTC in 3% with 100 rolls. Not to mention JDs bank is significantly more than this site's. Unless a user wants to win thousands of BTC, why bother? especially since 99.99% of bets will be able to be covered by the usual 1%, it's a bad bet for investors anyway.

The BTC 3% has had 10.82 btc wagered so far, whereas the BTC 1% has had 0.68 btc wagered so far, therefor the 3% is actually getting far more play in money terms than the 1% atm.

With LTC it's about 1000 ltc wagered on 1% versus 500 ltc approx on 3%.

https://dicenow.com/#filter=.sitestats

If ppl wish to invest &/or bet in LTC it looks a good place for that & also the action for 3% HE BTC has brought investors by far the best return currently. They also have a simple UI option now instead of the anime.

LTC looks like a solid investment(flip) ?  Grin
legendary
Activity: 2940
Merit: 1333
Is the roll number (nonce) the same thing as "betid" and is this determined at the time of the roll?  Is it true that the server seed is known only by you and the client seed is known by you and the player?  You control the server seed and the player controls the client seed?

Carnth's answer is correct, but to make it shorter:

No, the nonce is 1 for your first bet with a particular pair of seeds, 2 for the 2nd, etc.

Other than that, yes, you understand it correctly.

Using the betid as an input to the algorithm would break provable fairness:  you make a big bet.  I calculate your roll.  You're going to win.  I don't want that, so I make a roll of my own to take your roll id and give you the next one.  I check again, you lose, so that's the roll you get.  That's unacceptable, so we use a nonce that only increments when *you* bet.
hero member
Activity: 634
Merit: 500
I'd like to understand a little more about the "provably fair" concept, if you don't mind.


I'll try to help.



Is the roll number (nonce) the same thing as "betid" and is this determined at the time of the roll?


No, the betid is just an id to look up the bet when searching for it. It does not determine your roll.



You control the server seed and the player controls the client seed?


I'm sure dooglus has access to the server seed, but it is randomly generated. The client seed is also randomly generated, but the user can change it to whatever they like.


The roll is generated by a combo of the server seed, the client seed, AND the number of bets using that pair of seeds. All of this is explained by clicking the "Fair?" tab.


You can change the server seed (and client seed) at anytime after making 10 bets with the current seeds. Just click the "Randomize" button or the "P" key on your keyboard. When you do, a pop-up window will appear and reveal the server seed you were just using. It also show you the new client seed at which you are free to type in any number you like.
hero member
Activity: 854
Merit: 1000
Bitcoin: The People's Bailout
i caught your site cheating via ip tracking...is that acceptable to you?  Roll Eyes

What does that even mean?  The only inputs to the roll algorithm are:

1) server seed
2) client seed
3) roll number (nonce)

Nothing about bet size, chance to win, or IP address.

Please, pick an option:

1) try to understand how the site works; if you need help, ask for it
2) stop talking about how the site works; you know nothing about it

If you still want to bet 10 BTC that bet size or IP address affects the number rolled, I am more than happy to take that bet.  I strongly suspect you don't have 10 BTC, given how much you cried when you lost 0.01 BTC on JD.

dooglus,

I'd like to understand a little more about the "provably fair" concept, if you don't mind.

Is the roll number (nonce) the same thing as "betid" and is this determined at the time of the roll?  Is it true that the server seed is known only by you and the client seed is known by you and the player?  You control the server seed and the player controls the client seed?

hero member
Activity: 812
Merit: 505
The Last NXT Founder
misread that/ or it was different earlier on. Still doesn't make sense with the amount JD has.

Most of the 3% HE betting was yesterday, but the previous days have been higher than the 1% too, you can see here: https://dicenow.com/#filter=.invest

I'm not sure what you find doesn't make sense, one could say the same for JD compared to SD when it started maybe, anyway it's good to see some further innovation in the dice world especially as it implements some of the features ppl have been requesting here for JD, I hope it does well, as the creator is from east Asia & is fluent in Chinese it will be interesting to see how things go when the site is translated & marketed there, my main interest is the ltc investing/gambling option & also trying out different kelly rates.

I'm saying it doesn't make much sense because JD can cover much higher bets than the competition without having to resort to 3% house edge. Implementing LTC might work for JD though, but I'm not really a huge fan of it.
donator
Activity: 3108
Merit: 1166
misread that/ or it was different earlier on. Still doesn't make sense with the amount JD has.

Most of the 3% HE betting was yesterday, but the previous days have been higher than the 1% too, you can see here: https://dicenow.com/#filter=.invest

I'm not sure what you find doesn't make sense, one could say the same for JD compared to SD when it started maybe, anyway it's good to see some further innovation in the dice world especially as it implements some of the features ppl have been requesting here for JD, I hope it does well, as the creator is from east Asia & is fluent in Chinese it will be interesting to see how things go when the site is translated & marketed there, my main interest is the ltc investing/gambling option & also trying out different kelly rates.
Pages:
Jump to: