Just-Dice.com : Invest in 1% House Edge Dice Game - page 85.

oda.krell

legendary

Activity: 1470

Merit: 1007

1) People, stop quoting trolls.

2) @dooglus: Did you get a chance to look at the (quoted below) ideas to get more traffic/widen the player base?

Quote from: oda.krell on October 10, 2013, 02:24:33 PM

[...]

Volume is a bit uneven: on some days volume (even without a whale) is well above 20k, on other days it hovers around 10k. Since individual profits (on average) depend on the site volume and the total amount invested, I'd say that right now, at 50k invested vs. 10k to 20k daily volume, we're doing okay, but could do better perhaps.

Is this something you are considering, dooglus? How to increase wagering volume, by getting the site more exposure? Or implementing features to bind gamblers to the site?

I remember someone in here posted (a few pages ago) an idea about 'badges' and 'achievements' gamblers can unlock. What do you think about it? Personally, I like the idea, if it's done well and doesn't look tacky.

What else... I remember someone suggesting earlier that the Chinese market for gambling is huge. So gettin the site translated into Chinese, and advertising it, could give a boost to volume.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: jeffshed on October 14, 2013, 07:07:19 AM

the maths are the proof Sad

Is that all the math you offer? Really? You're that confident in your math skills Wink

The thing is that a brownian motion model predicts similar variance to that which we have seen. The max percentage would need to be ~ a tenth what it is now to reduce variance to something more predictable.

jeffshed

member

Activity: 60

Merit: 10

i just feel a little bit sorry for people still invested on the site.....

oh well guess he doesn't need other people invested now

pascal257

sr. member

Activity: 493

Merit: 262

Quote from: jeffshed on October 14, 2013, 07:07:19 AM

can't y'all see you are getting rolled by dooglus.

Nakowa =dooglus

He's been creating fake accounts
winning
now he's invested what he's won.

the maths are the proof Sad

oh well he kind of deserves it to pull off something so clean.

Damn, why didn't someone else already think of that

jeffshed

member

Activity: 60

Merit: 10

can't y'all see you are getting rolled by dooglus.

Nakowa =dooglus

He's been creating fake accounts
winning
now he's invested what he's won.

the maths are the proof Sad

to be at 176,377,000+ bets and to be at .11. C'mon guys have some common sense.

oh well he kind of deserves it to pull off something so clean.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: shitaifan2013 on October 14, 2013, 05:56:23 AM

@organo:

maybe this is what you're looking for? http://www.just-dice.bitcoinproject.net/

was set up recently by a JD user called "tiCer". I think he's trying to get the older data from doog atm to implement it.

If he can get the older data, then that's just what I'm after - thanks for the link.

shitaifan2013

legendary

Activity: 874

Merit: 1000

monero

@organo:

maybe this is what you're looking for? http://www.just-dice.bitcoinproject.net/

was set up recently by a JD user called "tiCer". I think he's trying to get the older data from doog atm to implement it.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: dooglus on October 13, 2013, 09:54:59 PM

After the forum was down for a week recently, I decided it makes more sense to post the weekly stats on investment amounts to the blog rather than updating the OP of this thread each week.

So here's this week's info:

http://just-dice.blogspot.ca/2013/10/investment-amounts.html

Note also that I'll be reporting the investment amounts rather than the base amounts because the whole point is to prove that I'm holding the correct amount of funds. The base amounts are higher than the actual invested amounts after the site has lost a bunch, so they're not useful for proving lack of fractional reserve.

Thanks dooglus - I think many investors are forgetting that particular possibility. A reminder every now and then is helpful.

While I'm on the subject of "helpful", do you have a feed for the change in site profit over time? Something in the same format as https://just-dice.com/wagered.txt would be handy. I'd like to try a GARCH model for site profits, conditioned on bet volume. It might not be possible but I won't know until I give it a go

dooglus

legendary

Activity: 2940

Merit: 1333

After the forum was down for a week recently, I decided it makes more sense to post the weekly stats on investment amounts to the blog rather than updating the OP of this thread each week.

So here's this week's info:

http://just-dice.blogspot.ca/2013/10/investment-amounts.html

Note also that I'll be reporting the investment amounts rather than the base amounts because the whole point is to prove that I'm holding the correct amount of funds. The base amounts are higher than the actual invested amounts after the site has lost a bunch, so they're not useful for proving lack of fractional reserve.

dooglus

legendary

Activity: 2940

Merit: 1333

Here's an update after this week's commission:

dooglus

legendary

Activity: 2940

Merit: 1333

I was curious about how investors will have done on the site if they invested at the start and never touched their investment since. I wasn't forward thinking enough to make such an account for myself on day 1, but just looked through the DB and found an investor who did just that:

He invested 0.0107 on the first day, and as of right now has .0111 invested. At the end of last week he was running a small loss, so long-term investors have just broken even this week.

Investors who got in a little later when the profit was positive will likely not be in the black yet.

petrescuerz

member

Activity: 102

Merit: 10

New blog post! http://just-dice.blogspot.ca/2013/10/klyes-saga-and-more.html

Deb

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: drawingthesun on October 12, 2013, 01:50:45 PM

Dooglus runs an auction thread and the money made goes to running the site and marketing expenses. Its not pay per click or anything like that, people just bid on the next weeks spots in the auction thread.

EDIT: https://bitcointalk.org/?topic=246989

The 'advertise here' ad is just a link to the forum auction thread.
The 'seals' ad is my affiliate link - they don't pay for the ad, but they pay me when people sign up through it and play.
The 'bit365' ad is the winner of last week's auction.

Sometimes people contact me asking for a price to buy an ad for a whole month, or whatever, and sometimes we come to an arrangement. I never run more than 5 ads in rotation at a time, so you're guaranteed to get your ad displayed at least 40% of the time the page is loaded, and usually it's 66.67% of the time.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: drawingthesun on October 12, 2013, 01:50:45 PM

Quote from: Lohoris on October 12, 2013, 01:47:34 PM

Two questions about the ads at the top of the site:

- are they pay per click, pay per impression, flat-rate, or what?
- were does the revenue they generate go?

This is not a complaint, just questions : )

Dooglus runs an auction thread and the money made goes to running the site and marketing expenses. Its not pay per click or anything like that, people just bid on the next weeks spots in the auction thread.

EDIT: https://bitcointalk.org/?topic=246989

Thanks : )

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: Lohoris on October 12, 2013, 01:47:34 PM

Two questions about the ads at the top of the site:

- are they pay per click, pay per impression, flat-rate, or what?
- were does the revenue they generate go?

This is not a complaint, just questions : )

Dooglus runs an auction thread and the money made goes to running the site and marketing expenses. Its not pay per click or anything like that, people just bid on the next weeks spots in the auction thread.

EDIT: https://bitcointalk.org/?topic=246989

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Two questions about the ads at the top of the site:

- are they pay per click, pay per impression, flat-rate, or what?
- were does the revenue they generate go?

This is not a complaint, just questions : )

marcotheminer

legendary

Activity: 2072

Merit: 1049