MegaDice - Play Instant Bitcoin Dice & Be Part of the Bankroll - page 17.

Mist

sr. member

Activity: 434

Merit: 250

:)

Quote from: SatoshiDICE_PR on April 05, 2015, 07:38:52 PM

Quote from: gamblingbad on April 05, 2015, 04:23:58 PM

Quote from: lite on April 05, 2015, 08:58:55 AM

Quote from: gamblingbad on April 05, 2015, 07:55:27 AM

Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors.
And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?

All the stats are visible to me.if you click on invest button you can see all the bitcoins invested by player and house profit too which is 593 btc atm.

investbed by players it says. so i guess house has something to, if not know total invested u cant know how much share u get.

I just changed this to "Current Bankroll". This is the session game bankroll that investors compete with. Example: "Current Bankroll" says 400 and you invest 100. Your part of the bankroll will then be 100/500 = 20%.

Thanks for making the change, this is a lot clearer.

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: gamblingbad on April 05, 2015, 04:23:58 PM

Quote from: lite on April 05, 2015, 08:58:55 AM

Quote from: gamblingbad on April 05, 2015, 07:55:27 AM

Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors.
And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?

All the stats are visible to me.if you click on invest button you can see all the bitcoins invested by player and house profit too which is 593 btc atm.

investbed by players it says. so i guess house has something to, if not know total invested u cant know how much share u get.

I just changed this to "Current Bankroll". This is the session game bankroll that investors compete with. Example: "Current Bankroll" says 400 and you invest 100. Your part of the bankroll will then be 100/500 = 20%.

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: rockBTC on April 05, 2015, 05:35:34 PM

what is minimum investment?

Minimum investment is 0.001. I have updated the investor info tab to state this now.

rockBTC

newbie

Activity: 56

Merit: 0

what is minimum investment?

leen93

sr. member

Activity: 616

Merit: 250

Quote from: SatoshiDICE_PR on April 05, 2015, 03:24:45 PM

Quote from: Stunna on April 03, 2015, 09:42:48 PM

I'm not saying you guys aren't worthy of trust but I think you should clarify the ownership of the website.

From my understanding & conversation with insiders, SD has been sold/shifted ownership more than one time. Is your group the one that purchased the site directly from Erik Voorhees? I only ask this due to the above posts using that assumption as a basis of trust. Looking forward to some clarification.

Also, solid work with the new site.

Thanks!

Yes. You can see in the whois history that the domain was not transfered.

So can you confirm you are the person who bought it directly from Erik?

gamblingbad

hero member

Activity: 568

Merit: 500

https://bit-exo.com/?ref=gamblingbad

Quote from: lite on April 05, 2015, 08:58:55 AM

Quote from: gamblingbad on April 05, 2015, 07:55:27 AM

Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors.
And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?

All the stats are visible to me.if you click on invest button you can see all the bitcoins invested by player and house profit too which is 593 btc atm.

investbed by players it says. so i guess house has something to, if not know total invested u cant know how much share u get.

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: ndnh on April 05, 2015, 03:24:15 PM

Quote from: arallmuus on April 05, 2015, 02:18:44 PM

Quote from: needFREElunch on April 04, 2015, 03:42:41 PM

Quote from: Wendigo on April 04, 2015, 10:34:36 AM

Quote from: SatoshiDICE_PR on April 04, 2015, 08:37:13 AM

Quote from: ?? on ??

My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !

It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink.

So does that mean that you can actually lose your investment? If some whale comes around and wins some coins will you lose your investment?

They stated earlier that you can never lose all of your investment, it will just decrease in value like all investments. There is some risk to this but it is better than gambling as you have a 51% chance to earn money on each bet.

easier words to actually understant this is that each time you invest, you support some percentage of the bankroll

if the site got 100 BTC bankroll and you put in 1 BTC in it, you actually support 1 % of your bankroll, so everytime the sites get profit or loss, you will gain 1% of the amount (using standard kelly)

So unless the sites bankroll goes down to 0 BTC which is likely wont be possible, you wouldnt lose all your investment

This is one important point for investors: Max win is capped at around 6.5BTC Cheesy

The max win is 1% of the bankroll. If lots of players win, the max win will decrease so the bankroll can't completely disappear. In theory an investor with a high percent of a small bankroll can lose a lot of his percentage if the bankroll takes a hit and then new investors invest larger amounts.

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: Stunna on April 03, 2015, 09:42:48 PM

I'm not saying you guys aren't worthy of trust but I think you should clarify the ownership of the website.

From my understanding & conversation with insiders, SD has been sold/shifted ownership more than one time. Is your group the one that purchased the site directly from Erik Voorhees? I only ask this due to the above posts using that assumption as a basis of trust. Looking forward to some clarification.

Also, solid work with the new site.

Thanks!

Yes. You can see in the whois history that the domain was not transfered.

ndnh

legendary

Activity: 1302

Merit: 1005

New Decentralized Nuclear Hobbit

Quote from: arallmuus on April 05, 2015, 02:18:44 PM

Quote from: needFREElunch on April 04, 2015, 03:42:41 PM

Quote from: Wendigo on April 04, 2015, 10:34:36 AM

Quote from: SatoshiDICE_PR on April 04, 2015, 08:37:13 AM

Quote from: ?? on ??

My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !

It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink.

So does that mean that you can actually lose your investment? If some whale comes around and wins some coins will you lose your investment?

They stated earlier that you can never lose all of your investment, it will just decrease in value like all investments. There is some risk to this but it is better than gambling as you have a 51% chance to earn money on each bet.

easier words to actually understant this is that each time you invest, you support some percentage of the bankroll

if the site got 100 BTC bankroll and you put in 1 BTC in it, you actually support 1 % of your bankroll, so everytime the sites get profit or loss, you will gain 1% of the amount (using standard kelly)

So unless the sites bankroll goes down to 0 BTC which is likely wont be possible, you wouldnt lose all your investment

This is one important point for investors: Max win is capped at around 6.5BTC Cheesy

PocketRocketsCasino

legendary

Activity: 882

Merit: 1000

Why would you add an invest option?

You bought the site for 126,315 BTC ($11.5 Million) from erik voorhees.

To add an invest option that has "only" 646 Bitcoin ($166k) invested seems a bit odd.

Seems like you should be in the position to bankroll the site yourself and would have a far better chance of making profit back on the original purchase no?

Is Stunna right that Satoshi Dice is under different ownership than the people who purchased from Erik?

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: needFREElunch on April 04, 2015, 03:42:41 PM

Quote from: Wendigo on April 04, 2015, 10:34:36 AM

Quote from: SatoshiDICE_PR on April 04, 2015, 08:37:13 AM

Quote from: ?? on ??

My English is not good so I just want to know how much I can earn everyday If I invest 2 BTC ? Thanks !

It depends on many factors like how much action there is on the site and how much other investors put it. Your expected profit per bet is 0.0095*Your Investment/Total Amount Invested. But if players are luckier than usual, you investment will actually shrink.

So does that mean that you can actually lose your investment? If some whale comes around and wins some coins will you lose your investment?

They stated earlier that you can never lose all of your investment, it will just decrease in value like all investments. There is some risk to this but it is better than gambling as you have a 51% chance to earn money on each bet.

easier words to actually understant this is that each time you invest, you support some percentage of the bankroll

if the site got 100 BTC bankroll and you put in 1 BTC in it, you actually support 1 % of your bankroll, so everytime the sites get profit or loss, you will gain 1% of the amount (using standard kelly)

So unless the sites bankroll goes down to 0 BTC which is likely wont be possible, you wouldnt lose all your investment

SatoshiDICE_PR

sr. member

Activity: 392

Merit: 250

SatoshiDice.com

Quote from: kenshi222 on April 04, 2015, 04:56:38 PM

Quote from: SatoshiDICE_PR on April 04, 2015, 08:15:42 AM

Quote from: shitaifan2013 on April 04, 2015, 04:15:56 AM

still no signed cold wallet?

Not yet, but we will definitely do this soon.

why i'm not get 0.01337 on my ac??

Did you create more than one account? Only the first from your IP received the bonus. Or maybe you didn't deposit and play?

lite

legendary

Activity: 1400

Merit: 1009

Quote from: gamblingbad on April 05, 2015, 07:55:27 AM

Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors.
And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?

All the stats are visible to me.if you click on invest button you can see all the bitcoins invested by player and house profit too which is 593 btc atm.

gamblingbad

hero member

Activity: 568

Merit: 500

https://bit-exo.com/?ref=gamblingbad

Seems like Satoshi Dice give bad terms for the investors and the dicers. Most dicesites have 1% egde or less and 90% of profit to investors.
And i not see any site wager stat or how big total bankroll is. So how can someone invest without getting information?

waterpile

hero member

Activity: 602

Merit: 500

Quote from: MonsterV on April 04, 2015, 09:04:32 PM

Quote from: waterpile on April 04, 2015, 07:45:31 PM

Quote from: MonsterV on April 04, 2015, 07:30:15 PM

if my referral invest can I receive bonuses ?

Only the bets are counted whether its a win or loss.

I look at the thread one dice website does not pay to invest 10 BTC is very bad
https://bitcointalksearch.org/topic/diggitio-over-dice-brand-new-game-800-btc-invested-1-edge-879161

these sites has different owners, so they've have different way of running their site. So if you've problem from that site post it in their thread not here.

dznuts85

full member

Activity: 140

Merit: 100

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