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Topic: Just-Dice.com : Invest in 1% House Edge Dice Game - page 78. (Read 435353 times)

hero member
Activity: 812
Merit: 505
The Last NXT Founder
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.

misread that/ or it was different earlier on. Still doesn't make sense with the amount JD has.
donator
Activity: 3052
Merit: 1110
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.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
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.
member
Activity: 70
Merit: 10
Expert Computer Geek
https://just-dice.com/roll/195927977

0 BTC bet

Maybe to reduce load, you should disable that. Or is there any reason to accept 0 BTC bets?

some people think they can wheel up looses before they bet wit dat! ie improve odds  Cool jmho
hero member
Activity: 634
Merit: 500
https://just-dice.com/roll/195927977

0 BTC bet

Maybe to reduce load, you should disable that. Or is there any reason to accept 0 BTC bets?


0 BTC bets are allowed. Its a great way for newbies to test the system at no risk.... and to see "what if" when adjusting your bets.

0 BTC bets are also rate limited to 1 bet per 3 seconds.
sr. member
Activity: 493
Merit: 262
https://just-dice.com/roll/195927977

0 BTC bet

Maybe to reduce load, you should disable that. Or is there any reason to accept 0 BTC bets?
member
Activity: 70
Merit: 10
Expert Computer Geek
I think we would benefit from him proving his theory. Only problem is, that his funds are quite limited and thus the resulting profit is kinda small.

theory no its a recognized fact, in all honesty i didn't see it happening at first and then on my like 5th alias i could tell something changed and it reacted differnetly similiar to other sites,could very well be this is simply a component of the underlying programming imho!  Cool doogs site isn't all that bad 
sr. member
Activity: 493
Merit: 262
I think we would benefit from him proving his theory. Only problem is, that his funds are quite limited and thus the resulting profit is kinda small.
hero member
Activity: 630
Merit: 500
Bitgoblin
STOP FEEDING THE TROLL

STOP FEEDING THE TROLL

STOP FEEDING THE TROLL


come on, it's not that complicated.

You are able to understand how bitcoin works, you are able to understand how just-dice works, could you all please understand like any Internet-based community works, too? It works if you stop feeding the trolls.
member
Activity: 70
Merit: 10
Expert Computer Geek
Please show us the YouTube video.

Any video is meaningless. The fundamental math is not debatable -- it's like saying that 2+2=4 is just your opinion. JDs system is published and references cryptographic standards. It's just as hard for doog to cheat the published system in the proposed attack as it is for doog to crack the bitcoin network and solve blocks without hashing.
http://en.wikipedia.org/wiki/Cryptographically_secure_pseudorandom_number_generator

There are no mathematical arguments backing up the assertion; it's not even worth discussing. Really, stop feeding the troll.

verify whatever you want here:
http://bitcoinmaniac.com/justdice/

the above link is (literally) infinitely more significant than any empirical evidence.

are you moonshire? is this your site?
member
Activity: 70
Merit: 10
Expert Computer Geek
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.

basically it means that you can use the ip info to keep tally of a individual players' stats regardless of if they create a new name/account. Brand new players will see fair odds. Expert players are "flagged" to even out the playing field. I noticed once I was flagged even @ 90+%win chance when i increased the bet from 11 satoshis to 100000 satoshis i would see multiple REDS in close succession, raising the bet size triggered it!!! I can demonstrate this effect in a youtube video. Will that be proof enough for you? btw imo~ your site is not as bad as others i've seen  Roll Eyes

Please show us the YouTube video.

what you got on it?  Cool
sr. member
Activity: 454
Merit: 252
Please show us the YouTube video.

Any video is meaningless. The fundamental math is not debatable -- it's like saying that 2+2=4 is just your opinion. JDs system is published and references cryptographic standards. It's just as hard for doog to cheat the published system in the proposed attack as it is for doog to crack the bitcoin network and solve blocks without hashing.
http://en.wikipedia.org/wiki/Cryptographically_secure_pseudorandom_number_generator

There are no mathematical arguments backing up the assertion; it's not even worth discussing. Really, stop feeding the troll.

verify whatever you want here:
http://bitcoinmaniac.com/justdice/

the above link is (literally) infinitely more significant than any empirical evidence.
hero member
Activity: 728
Merit: 500
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.

basically it means that you can use the ip info to keep tally of a individual players' stats regardless of if they create a new name/account. Brand new players will see fair odds. Expert players are "flagged" to even out the playing field. I noticed once I was flagged even @ 90+%win chance when i increased the bet from 11 satoshis to 100000 satoshis i would see multiple REDS in close succession, raising the bet size triggered it!!! I can demonstrate this effect in a youtube video. Will that be proof enough for you? btw imo~ your site is not as bad as others i've seen  Roll Eyes

Please show us the YouTube video.
member
Activity: 70
Merit: 10
Expert Computer Geek
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.

basically it means that you can use the ip info to keep tally of a individual players' stats regardless of if they create a new name/account. Brand new players will see fair odds. Expert players are "flagged" to even out the playing field. I noticed once I was flagged even @ 90+%win chance when i increased the bet from 11 satoshis to 100000 satoshis i would see multiple REDS in close succession, raising the bet size triggered it!!! I can demonstrate this effect in a youtube video. Will that be proof enough for you? btw imo~ your site is not as bad as others i've seen  Roll Eyes
donator
Activity: 3052
Merit: 1110
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.
hero member
Activity: 630
Merit: 500
Bitgoblin
Now, Now Dooglus. he is on ignore, remember?
He couldn't resist the temptation.

It's true.  He's a pretty good troll.
Actually he's a crappy troll, since none of his posts make any sense, and after you read three of them you provably know he is trolling.
The only problem is that he's posting in a place were people like to feed him.
sr. member
Activity: 356
Merit: 250
There have been a lot of comments that dooglus is possibly the same person/people who have taken alot of the winnings from Justdice. I have been racking my brain on a way to prove that he cannot leverage his knowledge of the server seeds, and I think I thought of something. I apologize if this has already been suggested and disproven as a nonfunctional idea. I tried to look through the forum posts, but with hundreds of pages, it is difficult to search through.

Here's the idea: what if, instead of a single server seed to generate all the random numbers for a user, the server seed is combined with the server clock time (in milliseconds), then hashed to give the random value. On every bet, the exact server clock time used to generate the random number is posted alongside with the bet and its results. In addition, the seeds are automatically changed on a regular basis, such as hourly or daily, and everyone's prior seeds can be publicly looked up.  if a player appears to have unreasonably good luck and high winnings, their seeds can be looked up and hashed with the server times of their bets to prove fairness of their results.

Thoughts?

Nothing personal, but there is 59000BTC or 11million USD backing him. I don't think he needs to prove shit to anyone. If you don't like or trust him don't invest. This chicken/egg game is pointless. Yes the answer is this black and white.
legendary
Activity: 2324
Merit: 1125
Now, Now Dooglus. he is on ignore, remember?
He couldn't resist the temptation.

It's true.  He's a pretty good troll.

But he's a "Expert Computer Geek" haha Cheesy

I guess the bar is set pretty low these days.

I guess we need James Cameron to save us! http://www.youtube.com/watch?v=Ol9nTzDnFAE
donator
Activity: 2058
Merit: 1007
Poor impulse control.
Now, Now Dooglus. he is on ignore, remember?
He couldn't resist the temptation.

It's true.  He's a pretty good troll.

But he's a "Expert Computer Geek" haha Cheesy

I guess the bar is set pretty low these days.
legendary
Activity: 2324
Merit: 1125
Now, Now Dooglus. he is on ignore, remember?
He couldn't resist the temptation.

It's true.  He's a pretty good troll.

But he's a "Expert Computer Geek" haha Cheesy
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